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View ChartThe real-time price of Theta Network today is $0.206322(THETA/USD), with a market capitalization of $209.50M USD. The 24-hour trading volume is $12.25M USD. The price of THETA to USD updates in real time. Over the past 24 hours, Theta Network has changed by +0.08%, with a circulating supply of 1.00B.
Buy Theta NetworkA blockchain technology called Theta aims to encourage a distributed network of computers to run a video streaming business without a central authority.
Nowadays, end-users pay content delivery networks (CDNs), which are networks of operators situated in different geographic locations, to provide video stream content. Current CDNs are unable to handle ever improving stream quality because of limitations imposed by their physical locations.
Users from all over the world can join Theta’s video relaying network and earn incentives for sharing their excess bandwidth and computer power.
Increases in available bandwidth allow the Theta network to transmit videos of higher quality as more members sign up.
The two native cryptocurrencies of Theta—THERETA currency, which is used to vote on protocol modifications, and TFUEL, which is used to execute transactions—are essential to the operation of its blockchain.
Also, Theta is free and open-source. It asserts that this opens the door for anyone to build upon it by introducing new apps and services.
THETA’s creators at Theta Labs say they have developed a new proof-of-stake (PoS) consensus mechanism.
They describe their system as “an aggregated signature gossip protocol.” New blocks are proposed and finalized by a small number of “validator nodes” run by corporate partners, such as Google, Samsung, Binance and others. THETA’s creators say these nodes provide security equivalent to that of well-known PoS networks like Solana. Another layer of security comes from a second layer of nodes called “guardian nodes,” which seal blocks. There are thousands of these nodes, operated by THETA community members.
The creators say the network can process 1,000 transactions per second with “virtually no carbon footprint.” That compares with single-digit transactions per second for the Bitcoin network, for example. Using a smaller number of nodes is a well-known technique to allow faster processing at the cost of greater centralization. In other words, they disproportionately empower a smaller number of participants.
Theta Network is compatible with Ethereum, meaning that decentralized applications (dapps) on the latter network can be operated on Theta with “no or minor modification,” according to the company. For instance, the wallet service Metamask is usable on Theta.
Anyone interested in becoming a Validator or Guardian node on the Theta Network can stake THETA, the cryptocurrency that powers the network.
With THETA, nodes can verify transactions, create blocks, cast votes on network modifications, and earn TFUEL for their efforts.
In addition, TFUEL is the micropayment currency that users use to pay Edge Nodes to share video streams and is used to pay for transactions on Theta.
Finally, TFUEL is used for the deployment and operations of smart contracts by developers that want to publish new applications on the Theta Network.
There will never be more than 1 billion THETA in circulation since, as with most cryptocurrencies, their supply is limited. This is in accordance with the regulations of the system.
Theta Network's price is increasing due to demand outstripping supply, fueled by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
Theta Network(THETA) has historically grown over time but is volatile. Investment depends on risk tolerance and long-term strategy.
Predicting the exact timing of a Theta Network crash is impossible, as the market is influenced by a complex mix of global economics, regulation, and investor sentiment.
For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.
The Theta Network All-Time Low (ATL) price was 0.0397708726462, recorded on 2020-03-13 02:30. This stands as the lowest price for Theta Network(THETA) on record.
The Theta Network All-Time High (ATH) was $15.90, recorded on 2021-04-16 13:10. This represents the highest price Theta Network has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live THETA price for the most up-to-date information.
Theta Network(THETA) currently has a circulating supply of 1.00B, with its maximum supply capped at 1.00B.
The current market cap of Theta Network(THETA) is $209.50M. The market cap of a cryptocurrency refers to its total circulating supply multiplied by its current price.
Theta Network's 24h trading volume is $12.25M, representing the total value of all Theta Network(THETA) bought and sold across exchanges in the past 24 hours.
The current Theta Network price is $0.206322. As the THETA price changes constantly, BTCC offers real-time THETA to USD prices that can be accessed at the top of our crypto price page.
Theta Network can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including THETAUSDT.