Theta Network protocol
Overview
Theta Network is a decentralized blockchain protocol designed for video streaming and content delivery. It uses a multi-level BFT consensus mechanism and a network of edge nodes to relay video, reducing bandwidth costs for content delivery networks. The protocol has two native tokens: THETA for governance and staking, and TFUEL for transaction fees and operations.
Within the DeFi Intel graph, Theta Network connects to 3 tracked entities, most strongly to Theta, THETA, TFUEL.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Theta | 85% |
issued | THETA | 85% |
issued | TFUEL | 85% |
Frequently asked questions
What is Theta Network?
Theta Network is a decentralized blockchain protocol designed for video streaming and content delivery.
What tokens does Theta Network have?
Theta Network has two native tokens: THETA for governance and staking, and TFUEL for transaction fees and operations.
How does Theta Network reduce bandwidth costs?
Theta Network uses a multi-level BFT consensus mechanism and a network of edge nodes to relay video, reducing bandwidth costs for content delivery networks.