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Theta Network

Theta Network
1 THETA =
 $ 1.09
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Market Capitalization:
1.09B $
Circulating supply:
1.00B THETA
Maximum:
1.00B THETA
Volume (24h):
28.76M $
Daily range:
1.09 - 1.12
Changes (7d):
+1.33%

Cryptocurrency Theta Network (THETA)

The price for Theta Network (THETA) cryptocurrency is currently 1.09 $ (15 min delay), daily range of currency change is 1.09 - 1.12 .
Last 24 hours news: trading volume - 28.76M $, price variance -0.56% .
The highest trading volume belongs to the pair THETA/USDT at the Binance exchange

Project Website - https://www.thetatoken.org/
Explorer of transactions - https://explorer.thetatoken.org
Twitter Account - https://twitter.com/Theta_Network

Chart Theta Network (THETA)

Current price Theta Network (theta) 1.09 $
Market Capitalization 3.07B $
Trading Volume last 24h 75.82M $
Minimum exchange rate (24h) 3.05 $
Maximum exchange rate (24h) 3.21 $
Market cap rank № 47
Absolute maximum 15.72 $
Absolute minimum 0.040 $

Theta Network Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
3.06 $
3.06$
0.03% 28.83M $ 2024-03-26 22:39:48
2
3.07 $
3.07$
0.03% 5.73M $ 2024-03-26 22:35:30
3
3.06 $
3.06$
0.07% 4.82M $ 2024-03-26 22:44:24
4
OKX OKX
3.06 $
3.06$
0.01% 3.92M $ 2024-03-26 22:43:18
5
3.06 $
3.06$
0.1% 3.77M $ 2024-03-26 22:43:11

What is Theta Network (THETA)

Theta network is a decentralized video streaming network that is powered by blockchain technology. Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis. Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch. The video streaming services on Theta rely on a distributed network of users who voluntarily contribute their spare bandwidth and computing resources to run Theta’s system, in return for Theta Fuel (TFuel) reward.

Theta runs on a modified proof-of-stake consensus mechanism as it has a unique multi-Byzantine Fault Tolerance (BFT) which combines a committee of 20-30 Validator nodes with a second later of thousands of Guardian nodes. This acts to speed up approvals and is faster than traditional proof-of-work networks. Theta’s multi-BFT design achieves a healthy balance between consistency, speed, and decentralization.

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