THETA is a token in the Theta Network, which has a purpose to provide decentralized, safe, and accessible streaming and content delivery services. THETA is one of the tokens on this blockchain: there\u2019s also TFUEL, which is used to power the network. Theta network was launched in 2019 by Theta Labs and went through several upgrades since then, the latest of which was a major upgrade to the mainnet v3.0 in June 2021.Theta Network encourages participants to share the bandwidth and other computing resources they aren\u2019t using, offering them rewards for this task. Those resources can then be purchased or \u201crented\u201d by streaming platforms or creators to share their content with their viewers. Decentralization solves the issues often present in the more traditional content delivery networks, such as low streaming quality or high costs: redundant copies of streamed content provide stability which improves quality, and the crowdsourcing model keeps prices low.THETA token is used in Theta\u2019s unique 2-step consensus protocol. In addition to the network validators (who stake TFUEL, the other token on the network), there are so-called Guardians, who must stake THETA to check the validated blocks. THETA also plays the role of a governance token and can be used to vote on changes in the protocol.THETA was trading at about $2 at the beginning of 2021, but shortly after this its price soared following the crypto market trend at the time, reaching a record high of $15.90 in April. The price stayed quite high until mid-May, crashing with most of the market to just below $6. It rallied in June, hitting around $9. Looking at the bigger picture, one may notice a clear flag pattern, which seemingly reversed in mid-July, when the price hit a low point of $3.51. By the end of July, however, the price showed\u2026<\/p>","protected":false},"excerpt":{"rendered":"
THETA is a token in the Theta Network, which has a purpose to provide decentralized, safe, and accessible streaming and content delivery services. THETA is one [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/5079"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/comments?post=5079"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/5079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media?parent=5079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/categories?post=5079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/tags?post=5079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}