[ANN] [TOKEN SALE] Theta Network - Next generation video delivery powered by you

[Theta Labs]

www.thetatoken.org

White Paper

“Theta’s innovation is set to disrupt today’s online video industry much in the same way that the YouTube platform did to traditional video back in 2005,” said Chen. “One of our biggest challenges had been the high costs of delivering video to various parts of the world, and this problem is only getting bigger with HD, 4K and higher quality video streams. I’m excited to be part of the next evolution of the streaming space, helping Theta create a decentralized peer-to-peer network that can offer improved video delivery at lower costs.”

- Steve Chen, co-founder of YouTube and adviser to Theta Network

What people are saying about Theta Network:

Forbes

Huffington Post

Bitcoin Magazine

Community Links:

Theta Website

Twitter

Telegram

Facebook

Medium

[1714221845]

1714221845

[1714221845]

1714221845

[1714221845]

1714221845

[1714221845]

1714221845

[1714221845]

1714221845

[Theta Labs]

Why We’re Introducing the Theta Token & Blockchain to Revolutionize Video Delivery

[freezzeer]

Nice concept with massive flow.Good luck  development team.Waiting for further details about this tokan

[Theta Labs]

Let us know if you have any questions Freezzeer! You can also find more information on our website our white paper linked at the top.

[taibas]

DO you have a plan to open bounty campaign dev? i never read information about bounty, but i think bounty campaign are needed

[bots1]

any bounty campaign or airdrop sir?

[modmalaney]

Waiting for news bounty champainnya if any. This project is good but better supported by good promotion.

[tengkukaya]

Interesting project, so after work on twitch and youtube seems like you know what to do
Maybe in near future you will stream something for us?

[SeveralQ]

Hi everyone! Just added Theta Token ICO to my website https://concourseq.io/Q/Theta_Token. ConcourseQ is a collaborative due dilligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! (PS: Team welcome to add sale details)

[prodifter]

I see great investors on your list. It will be good for the consumer if your project is successful

[Fu Mei Mei]

theta network is video sharing like other platform or different ?
we can contributed with make video content and share it to other user to get Theta token ?

[ItalianBitcoin3r]

a simple question...
buy why do you need blockchain for that busines?

[Priest Sannin]

good afternoon, and how does the "theta" want to work on it? how can the peer-to-peer process help deliver high-quality video? Do you intend to use the blockchain in any way on the project? If so, how?

[Theta Labs]

theta network is video sharing like other platform or different ?
we can contributed with make video content and share it to other user to get Theta token ?

Yes, you can earn Theta Tokens as a streamer in two ways: from advertisers, or from your viewers if they choose to tip you with Theta Tokens for your content.

[Theta Labs]

a simple question...
buy why do you need blockchain for that busines?

The purpose of using a blockchain to power the network is to incentivize users to share streaming video and build up the strength of the decentralized streaming network. Instead of setting up thousands of individual nodes or paying users to do so, we're creating an ecosystem that encourages users to share and rewards them with Theta Tokens.

[jieyi]

Great question! BTW this is Jieyi. I am the CTO of Theta/SLIVER.tv

The main purpose of using blockchain is to encourage viewers to share their redundant bandwidth resource to relay the video stream. In return they'll get Theta tokens as rewards.

The viewers that share their bandwidth resource are called caching nodes. They relay video streams while mining new blocks just as Bitcoin miners. Yet in Theta, the reward for a block is NOT a constant. The more video stream the caching node relayed, the higher block reward it would get. Here is how it works -- when a caching node mines a new Theta block it calculates a reputation score for itself. The reputation score is a measure of the amount of video stream data it relayed in a recent time window. A high reputation score increases the block reward, and in turn encourages the caching node to relay more video. Furthermore, when a new block is mined, all caching nodes must verify the reputation score of the caching node that mined the block, and thus form a global consensus on the block reward.

The calculation of the reputation score is based on the "service certificates" the caching node collected from its downstream viewers while relaying the video streams. The "service certificates" requires hashing power to generate and therefore hard to fake. Yet the "service certificates" are easy for other miners to verify, which makes the global consensus on the block reward possible. To get more details, please look at our whitepaper and the technical overview:

Whitepaper: https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-white-paper-latest.pdf
Technical overview: https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-tech-overview-latest.pdf

a simple question...
buy why do you need blockchain for that busines?

[havicvotre]

after I read the title of this thread I immediately interested to see it turns out after I read the project in doing very interesting once and make me look forward to the continuation of his project.

[spyro]

Is the line-up you guys have to offer here real? I mean you are real superstars in the tech space, that would be just awesome! Any verification?

[jieyi]

Ya real for sure, please see the news articles on Forbs and HuffingtonPost:

https://www.forbes.com/sites/johnkoetsier/2017/11/21/new-vr-streaming-service-bittorrent-meets-blockchain-meets-youtube-meets-twitch
https://www.huffingtonpost.com/entry/theta-reinventing-streaming-video_us_5a143dfae4b08b00ba673414

Is the line-up you guys have to offer here real? I mean you are real superstars in the tech space, that would be just awesome! Any verification?

[laiwendersky]

idea is good . the team is very strong , i think that is good project worth to invest. good luck for your project