Theta

Theta blockchain designed for peer-to-peer video streaming. It means to be a decentralized video Content Distribution Network (CDN) by enabling anybody with spare bandwidth to end up video distribution nodes. These nodes are compensated through proof of work mining on Theta’s blockchain. To reasonably compensate nodes, Theta presents a novel concept of Reputation Dependent Mining that expands block rewards dependent on what number of customers a node is serving.

In a perfect world, the Theta blockchain will have a strong internal economy where streamers transfer video to Ingest Nodes that transcode video. Video dispersion hubs transfer the video to watchers and are remunerated by the quantity of watchers the nodeserves. Sponsors can publicize on Theta by paying streamers Theta tokens and watchers can give to streamers utilizing Theta tokens.

Top News

Block.one Bought Voice.com Domain-Apt or Ludicrous Deal?

Blockcone's Voice.com Domain-Apt or Ludicrous Deal?

June 18 witnessed the historic announcement about MicroStrategy’s voice.com domain being sold at a handsome price of $30 million to Block.one. Block.one, the blockchain based social media platform bought the domain name through GoDaddy, so the deal was more than $30 million if the concealed commission with GoDaddy is also …

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A Promising Future for Xsongs

A Promising Future for Xsongs

Only 37% of music acquired by U.S. consumers in 2009 was paid for. Craig DeWitt, Ripple’s Director of Products continuously, moved to function as an engineer around evening time and assembled another item: ‘Xsongs’. Xsongs is a free and open advanced stage that enables anybody to offer their unique computerized …

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Bitcoin’s Lightning Network falls by 50%

Bitcoin’s Lightning Network falls by 50%

The Lightning Network had $12 million worth of assets within the network in July. LNBIG held the highest number of coins locked in during the summer, i.e., 336 Bitcoins but it was too expensive considering that they were just $20 from about $5 million held in LN. It has now …

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Heat Rises in the Case of Bitman Vs the United American Corp

Heat Rises in the Case of Bitman Vs the United American Corp

The lawsuit filed by the United American Corp against the China-Based Company Bitman. The request of dismissing the lawsuit against them denied by the United Corp keeping them enlisted in United States’ antitrust list. Bitman is also active in making huge investments in Texas-Based data centers. The fight between the …

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