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THETA
Theta Network
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Theta looks to address one of the largest problems in the modern consumption of media; online video platforms cannot handle the demands on infrastructure caused by more eyes and newer technologies (4k, 8k services) which causes higher loading time and buffering for large parts of the world or ΓÇÿlast mileΓÇÖ issues as it is known in the industry. Another challenge is the centralization and controls on creators, meaning less revenue is generated and passed on to content creators. Theta is a bespoke Content delivery network (CDN) protocol that incentivises users to share unused memory and bandwidth to provide cache and to relay video streams across the network. Providing access to a global network of peer to peer streaming, high bitrate music streaming, movies, streaming services, data delivery and more, Theta fills a niche in the market currently unexplored by other projects. Utilizing the ethereum network (ERC-20) for its security and efficiency, Theta aims to reach a consensus on reputational scores (Global Reputational Score) for caching nodes; as the block rewards are dependent on the reputational scores of the node that mined the block. This means not only the mining of blocks but the relaying of service downstream to users. Proof of engagement is used to confirm that viewers are legitimately consuming and engaging with content, providing more transparency and the opportunity for rewards in the form of Theta for engagement.

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Frequently Asked Questions (FAQs)

The Theta Network price is $2.5552 AUD, representing a -3.13% from the day prior.

Yes - you can easily buy and sell Theta Network (THETA) on Coinstash. Simply login or sign up, to start buying Theta Network (THETA) in minutes.

The best place to buy Theta Network (THETA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Theta Network (THETA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

The trading volume of Theta Network (THETA) is $184.7M AUD in the last 24hrs, representing a -3.13% from the day prior.

Theta Network (THETA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

The current market cap of Theta Network (THETA) is $2.6B AUD.

Yes - With Coinstash you can convert your Theta Network (THETA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

The current circulating supply of Theta Network (THETA) is 1.0B.

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Theta Network (THETA) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

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