What Is Thetatoken.org?
Thetatoken.org (TFUEL) is one of the two native tokens on the Theta blockchain. TFUEL should not be mistaken for Theta Token (THETA), which is the governance token of the Theta blockchain supported by thousands of community-run Guardian nodes and its Enterprise validators including Google, Binance, Blockchain ventures, Gumi and Samsung.
Thetatoken Coin is the second token on the Theta blockchain that serves as the utility token in decentralized video and data delivery, it also acts as a gas token. This means that it is used to power all operations on the Theta blockchain, like payments to relayers for sharing a video stream, for deploying and interacting with smart contracts, and as fees associated with transacting NTFs and DeFi applications.
In addition, it is also used to incentivize users in the ecosystem who share their redundant computing power as Edge Compute nodes as well as bandwidth resources as Edge Caching nodes for video streams and other data.
Thetatoken.org Storage Key Points
|Circulating Supply||5,270,590,400 TFUEL|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Thetatoken Coin Live video streaming of today1Poor Quality Today’s content delivery networks (CDN) lack reach, causing video re-buffering, and high load times in many parts of the world.2Sky rocketing data needs. Users demand 4k, 8k, and higher quality streams create infrastructure bottleneck.3Centralized and inefficient system The centralized nature means less revenue flows back to content creators and platforms. Viewers get low-quality streams and few rewards today. Centralized CDNs reap most of the rewards.
The decentralized peer-to-peer video delivery. A new native blockchain. Powered by users.1Viewers earn rewards as Theta Fuel. For sharing excess bandwidth and resources, viewers are now rewarded to participate in the network. Higher quality, smoother video streaming. A decentralized peer-to-peer network delivers streams efficiently globally.
Thetatoken.org reduced cost of delivering video streamside platforms no longer need to build expensive infrastructure, means more innovation and unique business modulini the end, users benefit by sharing their bandwidth and building a community. Content creators and platforms all earn more with lower streaming costs.
Open-source network & protocol
They open to all developers and partners to build on the Theta network.
Decentralized Apps (Dapps)
Thetatoken Coin video platforms and content providers can build specialized Dapps for their audience.
Multiple content verticals
They from esports, music, TV and movies to distance learning and peer to peer live streaming. Power the next generation entertainment.
Thetatoken.org The Theta Ledger is a decentralized ledger designed for the video streaming industry. It powers the Theta token ecosystem which incentives end users to share their redundant bandwidth and storage resources, and enables them to engage more actively with video platforms and content creators. To realize these goals, a number of challenges, many of which are unique for video streaming applications, need to be tackled. One of such challenges is to support ultra high transaction throughput. Although many blockchain projects are facing transaction throughput problems, scaling for live video streaming is different and possibly even more complex. Typically, video segments are a couple of seconds long.
To achieve the finest granularity of a token reward — one micropayment per
video segment — even a live stream with a moderate ten thousand concurrent viewers could
generate a couple of thousand microtransactions per second, which far exceeds the maximum
throughput of today’s public chains, such as Bitcoin and Ethereum. Popular live streams like
major sport tournaments can attract more than one million viewers watching one stream
simultaneously, not to mention multiple concurrent live streams, which could potentially push
the required transaction throughput to the range of millions per second.