In the age of information, decentralization is one of the most widely used designs. Content delivery is one of the most common decentralized use cases. The technology, however, is still in its early stages, with only a few applications. One such remarkable application is Theta. You’ve come to the right site if you want to learn more about TFUEL and the Theta blockchain, as well as how to get it.
What is Theta?
Theta Network is a video streaming platform powered by a blockchain. It’s not, however, the same as the platforms we use on a daily basis. Netflix, Amazon Prime, and Disney are just a few of the centralized networks. Users can access data kept on dedicated servers. Theta isn’t like these other networks. It uses decentralized architecture to make the most of the remote sources accessible, rather than keeping data or media assets on servers.
Theta and TFUEL
The network has a governance token, THETA, and a utility token, TFUEL, which are used to power the network’s operations, just like most decentralized networks. The TFUEL can be used for trading and staking, among other things. The network is the fundamental cause of the Theta Fuel utility token’s meteoric rise in popularity.
Theta is a video streaming network that solves many of the problems that existing streaming services have. Any streaming service, like YouTube or Twitch uses Traditional servers. This is to provide data to the end-user. However, their centralized servers may occasionally become overburdened and drastically slow operations.
The Theta Network, which keeps all data on a decentralized network, presents a solution to most of these issues. Anyone can participate and contribute storage and bandwidth from their laptops, desktops, or even mobile phones.
Creators introduces TFUEL burning in the network’s mainnet version on June 30th. This new feature will reduce TFUEL coin inflation by requiring Elite Edge Nodes to burn 25% of each payment to the network.
Theta also announced greater support for the NFT marketplace, in addition to TFUEL burning. If the marketplace takes off, there’s a high probability we’ll see a significant price increase as well.
The latest crypto-crash has taken a toll on the values of key altcoins and Bitcoin. This had been rising due to retail sales and overall euphoria. TFUEL, like other major cryptocurrencies, has had a significant price drop from $0.6. The coin’s purchase volumes, on the other hand, indicate that it has a lot more room to grow in the coming days. TFUEL could hit the much-anticipated $1 level very soon if it can stabilize at or above $0.6. Anyone who invests in TFUEL could make a 50% profit.
When acquiring TFUEL and THETA or converting BTC to THETA, it’s usually a good idea to check rates. However, browsing through offers on multiple websites takes time. If you’re looking for an aggregator of crypto-exchanges like Swapzone, you’re in luck.
There are over 15 THETA exchanges that offer the best rates. This rates allows you to get the best BTC to THETA exchange rates. Swapzone is the place to go if you want to know how to get TFUEL because it allows the community to convert dozens of cryptocurrencies to TFUEL.
The Theta Network is one of the best blockchain use cases in the streaming industry. Many experts believe that with Web 2.0, most traditional streaming services, such as YouTube, will vanish. This is to make way for decentralized networks such as Theta.
If this happens, the TFUEL token could soar to heights that no one could have predicted would be possible until 2030. Both the TFUEL and the Theta network should be on your radar if you want to generate money.
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