Theta Network Bursts In Market: Would You Invest?

Theta Network (THETA) is a cryptocurrency based on the Ethereum blockchain. Theta Network price is $6.62 today, up 5.6% in the last 24 hours. Theta is a decentralized video network powered by blockchain technology. Its users can stream and download video content without intermediaries. The network of users that run the video streaming services on Theta is distributed using a reward system called Theta Fuel.

Theta Network Bursts In Market: Would You Invest?Theta has a modified proof-of-work consensus mechanism that uses a multi-byzantine fault tolerance (BFT) to speed up approvals. The Theta Edge Network is powered by the aforementioned nodes, as well as the community members. These features allow users to store and distribute content across the network, without the need for centralized servers. Additionally, edge nodes provide a secure and decentralized environment for sharing content. Turing-complete smart contracts are also supported on the Theta blockchain. With the launch of the Token Minter, anyone can now create new tokens on the platform and send them to the token Minter. This eliminates the need for any smart contract experience and allows users to easily create new tokens.

Anthony Gonzales

Biotech, Tech, and Crypto reporterAnthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.