Theta Network

Theta Network Price Today

Price THETA to USD now is $2.09. Trading volume by 24-hours $48.168,814. Theta Network, which_ranked #54 price is up 1.73% in the past 24-hours. Theta Network has circulating supply of $0 and have $2.090,860,270 capitalization. In additional, total supply is $1.000,000,000.

Highest price for Theta Network

The all-time high price of THETA is $15.72, the record was set on the 0.

Lowest price for Theta Network

THETA all-time low price is $0.04, the record was set on 0.

How much has the price of Theta Network changed lately?

7 days ago the price was $2 , this changed the THETA price by -2.57532%

14 days ago the price was $2 , this changed the THETA price by -5.09882%

30 days ago the price was $2 , this changed the THETA price by -17.43437%

60 days ago the price was $3 , this changed the THETA price by -42.94756%

1 days ago the price was $4 , this changed the THETA price by -84.35337%

What is Theta Network

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.