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

Ponzi Scammer Renwick Haddow’s Case Reopened by SEC

Ponzi Scammer Renwick Haddow’s Case Reopened by SEC

The US regulator case that has not yet solved the matter about the monetary penalties to be imposed on fraudster. SEC requests that the court reopen the case because the commission claims for monetary relief against him in its letter to judge Lorna G.Schofield. US Attorney Berman announced the unsealing …

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Huobi US (HBUS) Shuts Down

Huobi US (HBUS) Shuts Down

HBUS struggled to gain traction in the United States and gain enough customers amidst such tough competition. The exchanging volumes on HBUS had tumbled to around $220,000 every day and an absolute bottom level increasingly fit a small-scale exchange. They are going to stop offering trading services from December 15 …

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IOST Launches the IOST Nodes Showcase

IOST Launches the IOST Nodes Showcase

This was launched to provide greater transparency and foster growth and development of the IOST ecosystem. This series of reports will be an addition to IOST’s two existing reports which are the IOST Bi-Weekly Report and the DApps Roundup. With their new series of reports, i.e., the IOST Nodes Showcase, …

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$1 million worth of cryptocurrency found in Australian drug bust

drug-bust

Australian police have reportedly seized a massive amount of cryptocurrency after intercepting a drug delivery from the UK. The dodgy drug delivery led police to seize $1,022,827 worth of cryptocurrency. According to one of the officers involved in the investigation, it could be the largest ever cryptocurrency seizure ever made …

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Genesis a hard fork implementation of Bitcoin SV

Genesis Hard Fork- Bitcoinsv

Bitcoin SV has planned a hard forking upgrade “Genesis” which is getting ready for its launch on 4th Feb of 2020. The Hard Fork will take place in order to restore the original Bitcoin protocol. This hard fork will be a significant milestone for the currency. Bitcoin SV has planned …

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Maker DAO founder: Stablecoin DAI will not be Backed to USD alone

dai

Maker DAO rolled its MCD, which is supported by both Ethereum and Brave’s Basic Attention Token. As DAI circulation crossed 50 million, the possibility of backing DAI to other currencies than just the dollar comes into light. DAO founder predicts that DAI stablecoin might pegged with other currencies in future. …

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