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Theta Network: a blockchain-based decentralized video delivery network

Theta Network is a blockchain-based decentralized video delivery network that aims to solve some of the core problems in the current video streaming space.Traditional video streaming services face the so-called “last mile” delivery problem faced by the content delivery networks on which they rely. typically, Content Delivery Networks require data centers to be established close to viewers around the world, but due to the limited number of these data centers, they are not close enough to the majority of the viewers. this creates bottlenecks in the streaming pipeline, which can lead to unstable streams and poor image quality.Theta Network’s solution to this is to build a peer-to-peer network that incentivizes viewers to share excess compute and spare bandwidth resources, since viewers’ devices are much closer to each other than they are to the CDN’s data centers, solving the problem of last-mile delivery.The network and protocols are open source, which means anyone can build on the Theta blockchain. content providers are able to develop decentralized apps that are specifically tailored to their audience. dApps on the network can offer a range of entertainment genres, such as movies and TV, music, eSports, live streaming, and distance learning. video platforms that already run on the Theta Network include Samsung VR, Cinedigm, Shout !Factory, and THETA . tv.Theta is at the heart of the operations running on its blockchain, with two native cryptocurrencies: THETA Coin (for voting on protocol changes) and TFUEL (for executing transactions).

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