ERC20 ERC20 to THETA THETA Exchange

Crypto Pair Details: ERC20 to THETA

ERC20 ERC20

ERC20 is payment method for Belance platform, future project and application and more. Real token utility. Belance is a large unique blockchain platform which combines many opportunities and connects everyone in the blockchain world. Real token utility. The ERC20 Token is a growing currency which will be adopted as a payment gateway. Whether you’re building your new project or searching for something unique, Belance is the first platform where there are unlimited opportunities to connect and discuss with others regarding the cryptocurrency and blockchain industry. Also connect with professionals to help your own project by hiring a specialist to complete a specific task within your project. Promote and advertise your own skills and specialities to clients. Ask questions on any topic related to the blockchain or become a blockchain blogger. Belance is a one stop place for everything for everyone who is interested in or connected to the blockchain world.

THETA THETA

Theta is a decentralized video delivery network, powered by users and an innovative new blockchain. Theta is an open source protocol purpose-built to power the decentralized streaming network and will allow for vertical decentralized apps (DApps) to be built on top of the platform to enable esports, music, TV/movies, education, enterprise conferencing, peer-to-peer streaming, and more. SLIVER.tv’s DApp will be the first application built on the Theta network leveraging its existing user base of millions of esports viewers. DSN and the Theta protocol solve various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites. Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.The Theta blockchain introduces three novel concepts: Reputation Dependent Mining: In the Theta protocol, the caching nodes play the role of miners in the blockchain. The block reward is not a constant, but depends on the reputation score of the caching node that mined the block. To obtain more mining rewards, miners not only spend computation power to mine blocks, but also relay video streams to downstream viewers to increase their reputation scores. Global Reputation Consensus: We propose a mechanism for the Theta network to reach the global consensus on the reputation scores for each caching node. Proof-of-Engagement: We introduce a novel Proof-of-Engagement scheme to prove that viewers legitimately consume the video streams, providing better transparency to advertisers and a basis for viewers to earn Theta tokens for engaging with the content.

SOURCE: COINGECKO

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