Theta token is an ERC20 token, which works on Proof of Stake mechanism, which aims to decentralize the video streaming by reducing the cost of the video streaming and even improving the quality, without having any buffering issues. In Theta token’s Decentralized Streaming Network (DSN), the users are incentivized to share their unused bandwidth and memory, which would eventually better the performance. By using PoS as the consensus mechanism it’s possible to have many different devices acting as viewers and caching nodes.
Theta token has been designed in a way so as to avoid double-spending, offer flexibility and off-chain solutions. The Resource-Oriented Micropayment Pool was created by Theta Token specifically which will allow for payments to multiple caching nodes without using on-chain transactions.
The top 3 Theta wallets in 2020 are:
Very recently, Theta coin released its own mobile wallet, which supports both Android and ios devices. As Theta has its own mainnet released and because it can support both the existing ERC20 Theta Token and all the tokens on the Theta Mainnet, Theta wallet seems ideal to handle the upcoming mainnet token swap and Theta Fuel distribution. You’ll have to set up a mnemonic phrase to secure your wallet which will serve as the key to restore your Theta wallet if you lose your device. As long as you maintain access to that mnemonic phrase, you can re-install the wallet on any supported device at any time and your tokens will be held at the same Theta address you previously stored them at. This is one of the top Theta wallets Android in 2019.
Click here to download Theta wallet Android
Theta wallet IOS is also a mobile wallet, which supports the new Theta mainnet. You’ll have to set up a mnemonic phrase which would help secure your wallet and serve as the key to restore your Theta wallet if you lose your device. As long as you maintain access to that mnemonic phrase, you can re-install the wallet on any supported device at any point of time and your tokens will be held at the same Theta address you previously-stored them at. This is one of the top Theta wallets Android in 2019.
Click here to download Theta wallet ios
After the release of Theta mainnet, the official Theta community has come up with Theta web wallet. First, when you log in, you will get the option to unlock the existing wallet either mnemonic/seed phrase or from the Keystore file, which can be used to unlock your wallet on your computer as and when you need it. It is recommended to be offline while uploading your Keystore or mnemonic phrase for security purposes. The Theta web wallet enables of transfer of the private keys, which means you are in total control over your private keys.
Click here to download Theta web wallet
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