Live theta/INR Price
Theta Network ()
Reason To Buy Theta-Network(THETA)
– It works on the Proof-of-Stake (PoS) consensus Algorithm and Byzantine Fault Tolerance (BFT) mechanism to provide security to the network.
– It was an ERC-20 token but was later changed to THETA main net.
– THETA is the governance token of the Theta Network ecosystem.
– It has a market capitalization of more than $6 billion.
– It has a maximum supply of 1 billion THETA coins.
Theta Network is a decentralized video streaming network that allows users to share their spare bandwidth and, in return, reward them with tokens. It works on a Peer-to-Peer (P2P) basis and gives a tough competition to centralized video streaming services like Youtube, Netflix, etc.
Theta Network also hosts TFUEL, which is used to power the transactions on the blockchain.
Things to consider before Buying Theta-Network(THETA)
– Theta Network’s consensus mechanism is strong as it requires both validator nodes and guardian nodes for extra security.
– Users aspiring for validator nodes are required to stake a minimum of 10,000,000 THETA tokens, while Guardian Nodes need to only stake 100,000 THETA.
– Being open-source software, Theta Network allows developers to build decentralized applications on top of it.
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