Do You Know What Is THETA Crypto?
THETA is a Theta Network blockchain token designed for use in the video streaming industry. The project is developed as an end-to-end decentralized system for streaming video delivery, and at the lowest cost.
Some Background Information
Theta was founded in 2018 and received investment from the venture capital arm of Samsung Electronics Corporation and the Sony Innovation Fund.
In March 2021, Theta CEO Mitch Liu said that the project’s blockchain peripheral computing power surpassed that of Intel Corporation.
Theta got its attention when it jumped 17.000% in one year to #13 on CoinMarketCap’s list of the world’s largest cryptocurrencies by market cap with an $11.7 billion indicator.
Nowadays it is one of the TOP-20 cryptocurrencies by market capitalization.
Key Features
The Theta blockchain uses an aggregate signature scheme. It means that validators don’t transmit signatures to each custodian but send them to the nearest nodes that pass them down the chain. This process speeds up information exchange. There’s also an off-chain blockchain payment scheme to protect against Double-spending attacks.
3 basic parameters affect the functionality of Theta Network:
- An interaction protocol that guarantees the legitimacy of the video content.
- Mining caching nodes are rewarded by providing capacity, but the amount of payments isn’t fixed.
- A global reputation level, which provides for the validation of developing the next block validator.
Mining THETA Token
For mining THETA tokens, users must have powerful gaming computers. Download and run a caching node, and every morning you’ll see how much you’ve earned in the past 24 hours.
Where To Keep THETA? THETA Token Wallet
The easiest and safest way to keep Theta crypto coins is to use Theta Wallet. To protect your account, you must create a difficult mnemonic phrase and use it as your key.
Use a Theta Wallet app to keep updated about Theta price changes on the go or choose a wallet extension to access this info on your desktop browser. But if you keep big sums and want to ensure the greatest protection, connect your crypto Theta account to Leger or Trezor hardware wallets.
Theta Crypto Prospects
The project team is upgrading the network to version 3.0. Initially, the migration was scheduled for April 21, 2021, but eventually, the date was changed and it happened a week ago, June 30 at 12pm. The developers explained they continued to work on introducing special parts to the system for the NFT market. One of the latest updates in this area happened in April 2021. With the World Poker Tour, Theta launched the world’s first real-time NFT marketplace.
THETA Coin Price Prediction 2025
Theta token price reached its top in April 2021, then it dropped in a month. But as experts believe, it must keep growing, especially if it keeps achieving its goals and improving the Theta Network.
According to Digitalcoinprice, the Theta coin price can reach over $17.68 in 2025. The WalletInvestor experts have a more positive THETA coin price prediction. They believe that the price of Theta coin will be over $63.87 in December 2025.
What Is THETA Token Price Today?
Today THETA token price is 6.4215 USD.
Conclusion
The project has serious advisers, including co-founders of YouTube and Twitch and investments from technology giants such as Samsung and Sony. The successful launch of the Theta 3.0 mainnet will help the project’s further development and have a positive effect on the Theta crypto price. Especially if the technical performance of the network remains at such high levels.
Where To Buy THETA Coin?
If you think about “Where can I buy Theta token?”, use exchanges, and StealthEX is one of the most protected platforms.
With StealthEX, you can buy Theta crypto tokens with more than 350 other cryptocurrencies. This method is safe and allows you to get Theta in minutes with no need to provide a lot of information. StealthEX is a super-friendly exchange platform where you can easily get coins with a low fee.
How To Buy Theta Token?
To buy THETA crypto just go to StealthEX and follow these easy steps:
- Choose the pair and the amount for your exchange. For example, BTC to THETA.
- Press the “Start exchange” button.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your coins.
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Originally published at https://stealthex.io.
