The Theta blockchain is the only end-to-end infrastructure for decentralized video streaming and delivery that provides both technical and economic solutions...This is one of the most exciting new blockchain ventures I have heard about.
How THETA is used?
Theta solves the problem of live video streaming of today
1) Poor Quality
Today's content delivery networks (CDN) lack reach, causing video re-buffering, and high load times in many parts of the world.
2) Sky rocketing data needs
Users demand 4k, 8k, and higher quality streams create infrastructure bottleneck.
3) Centralized 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.
Decentralized peer-to-peer video delivery. A new native blockchain. Powered by users.
1) Viewers earn rewards as Theta Fuel
For sharing excess bandwidth and resources, viewers are now rewarded to participate in the network.
2) Higher quality, smoother video streaming
A decentralized peer-to-peer network delivers streams efficiently globally.
3) Reduced cost of delivering video streams
Video platforms no longer need to build expensive infrastructure, means more innovation and unique business models.
In the end, users benefit by sharing their bandwidth and building a community. Content creators and platforms all earn more with lower streaming costs.
A new, native blockchain purpose-built to power decentralized video delivery.
Ground breaking technology include Multi-BFT Consensus, Aggregated Signature Gossip Scheme, and Resource-Oriented Micropayment Pool.
Theta works as a long-term sustainable incentive mechanism to motivate all stakeholders to participate in video delivery, fully decentralized.
Theta is the only end-to-end platform. New blockchain. Next generation peer-to-peer architecture.