What is Theta Network?
Theta Network is a decentralized software and digital network that aims to create a global computer network that operates as a video streaming platform and allows participants to own their own unique data. It was launched in 2017 and is similar to a modern content distribution network (CDN). CDNs are location-dependent systems that manage content distribution for games and other digital platforms.
According to Theta Network, traditional CDN models have limitations when it comes to handling high-quality streams, and Theta Network aims to address this issue by offering a decentralized network for video streaming.
The Theta Network has two associated cryptocurrencies: THETA, a governance coin, and TFUEL, which is used for transactions on the THETA blockchain network. THETA holders have the ability to vote on changes to the decentralized protocol. The real-time price of THETA can be found on Kriptoks.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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