This is a continuation of my previous post. If this is the first time you are here, feel free to check my previous article here . Let's take a few steps back and look back on the news piece that initially brought me to the Theta Network. Google Cloud had recently just signed on as a Network Validator, joining the ranks along with Binance, Blockchain Ventures and gumi cryptos, a company with access to the cryptocurrency market in Japan. Though it may seem that, other than Google Cloud, none of the other external validators do not seem to have a significant presence for a content delivery network other than its use in their own services. Many ,if not all of the companies, have significant benefits with Theta Network succeeding ,that we shall explore briefly below. Image source: Theta Token Website Binance , Blockchain Ventures and Gumi Cryptos: Both Blockchain Ventures and Gumi Cryptos are Blockchain investment companies that have invested in various cryptos with promis...
The Theta Network: While searching for something to write, I stumbled upon the Theta network. The goal of the Theta network, is to bring about a decentralized delivery network compared to the centralized CDNs that many streaming sites like Twitch, YouTube, etc, work on. The primary tokens that are exchanged are the Theta Token and TFuel. For more information on its operation, refer the image below. Image Source: www.thetatoken.org Down the Rabbit Hole:- After searching for more information, other than their whitepaper, I came across www.theta.tv . It is a streaming website similar to Twitch where one can watch well known Esports gamers like FaZe and NICKMERCS. A quick check on the Twitch channel of NICKMERCS, did not show any signs of him streaming on theta.tv. Giving Theta.tv the benefit of the doubt, i decided to dig further and i did find his him, but was offline and did not seem to be very active on the site, when compared to his Twitch channel where he was current...