Theta Network (THETA)
- Official Website: thetatoken.org
- Definition: Theta is a decentralized video delivery network powered by blockchain technology.
- Category: Blockchain, Layer 1 chain, Cryptocurrency.
- What It Is: A platform for decentralized video streaming and content delivery.
- Function: Enables peer-to-peer video streaming and rewards participants.
- Analogy: Think of Theta as a decentralized Netflix. It streams videos without relying on centralized servers.
- Pros: Decentralized, cost-effective, strong use case for video streaming.
- Cons: Limited adoption, competition from centralized streaming platforms.
- Controversies: Reliance on tokenomics, regulatory risks.
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This page was last updated on January 28, 2025.
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