Picture a mid-size streamer just getting started, with great content but a following that’s not sustainable yet. Guardian Node staking minimum reduced to 1,000 THETA The minimum amount of THETA to stake to a Guardian Node will be lowered from 10,000 THETA to 1,000 THETA. I missed the token swap, can I still get my mainnet token and TFuel? We just added hardware wallet support to the Theta web wallet (Ledger/Trezor) GPooL is a Fee Free service for you to stake THETA. Video on Demand allows content creators to upload and create their own libraries of videos allowing them to build up This guide provides the instructions to launch and stake to a Guardian Node for the Theta Mainnet. More. The idea for Theta Network came about when the team was trying to solve the issue of high CDN GPool is a third-party pool where you can stake your THETA tokens. for nonexistent viewers, and platforms who in turn get paid less to compensate for their ad space. Tfuel was essentially airdropped to existing Theta Token holders in 2019, when it launched. There are various risks associated with staking your crypto assets on either staking platforms, centralized exchanges, or through non-custodial staking wallets and protocols. Theta Network is infrastructure, so it doesn't directly moderate content. The amount of data you share (and the amount of TFUEL you will earn) are based on the number of peers nearby TFUEL is used for on-chain operations like payments to Edge Node relayers for sharing a video stream, or for deploying or interacting with smart contracts. Staking Pools often require technical setup and maintenance. Theta is an end-to-end infrastructure for decentralized video streaming . This is a platform like YouTube or Twitch that hosts all the content and takes a large Guardian Nodes are designed so that the only way tokens can be withdrawn is to the wallet that staked them, so as long your private key / mnemonic phrase for that wallet is secure, staking is 100% safe. Theta Token is the governance token of the blockchain, and Theta fuel is the gas token that is used to pay transaction fees on the protocol. Read below for the common ERC20 recovery steps. Theta launched its mainnet earlier in 2020, posting several headlines in the crypto space this year. The supply of THETA is fixed at 1 billion and will never increase. 3. So THETA is the staking token that secures the network and gives governing power over Theta Network itself. More. On December 22, 2020, The protocol’s native token THETA rose by 180% from $0.867 to $1.92 within two weeks between Dec. 20 and Jan. 2 to outperform even Bitcoi Theta explorer has been updated with new features. Noting another benefit from the update, the post added: “The Guardian Node staking threshold is decreased to 1,000 THETA at block 8,411,427, for both new staking and adding to additional stakes.”. network, so it is crucial that the node is always online. The Theta Network is a protocol that enables users to watch digital content, like esports… This tool will help ESTIMATE your potential TFUEL earnings from staking THETA via a Guardian Node. In short, video segments won't be stored on the blockchain. The recommended specs are below: There is an excellent overview here. It has a circulating supply of 1,000,000,000 THETA coins and a max. and establish a presence on Theta network in the same way they can upload videos to their channels on popular centralized platforms, such as YouTube and Twitch. basic concept is that you will earn TFUEL when you share data. generally don’t make any distinction between content types - that’s still the responsibility of the video platforms that use Theta to manage their content and decide what is inappropriate for their users. If you want to see how I’m going to stake my Theta, please watch this video. There were 5 billion TFUEL at genesis of Theta blockchain, and the supply increases annually at a fixed % set at the protocol level, currently 5%. "This upgrade will not … Right now the Guardian Node software can be run on Windows and macOS. It intends to create a level playing field for content creators and consumers alike. A Linux version is currently in the works. Another change introduced was the reduction of the Guardian Node staking threshold from 10,000 THETA to 1,000 THETA. Tfuel was essentially airdropped to existing Theta Token holders in 2019, when it launched. The goal is to get large streaming platforms like Twitch and YouTube to utilize the Theta Newtork to offload their CDN costs and improve user engagement. The TFUEL viewers earn Crypto staking is a form of earning cryptocurrency simply by holding it. The latter even added 1,150% and as the candles are getting greener and greener, people are getting triggered by FOMO, hype and emotional bias towards entering these altcoin rallies. By removing the centralized platform, creators and consumers can connect directly and interact via payments on a blockchain. Theta price surged 180% in just two weeks as many highly-anticipated announcements were behind that rally. One of the biggest gainers is Theta Token (), which gained 1,000% since the crash on Black Thursday, March 12.The second token of the Theta platform is called Theta Fuel has also surged more than … This will permit even more tokenholders to contribute to protocol security by staking, and will further decentralize the network. After reviewing your delegated stake deposit info on the next screen, enter your wallet password, then click "Confirm & Deposit Stake". The protocol’s native token THETA rose by 180% from $0.867 to $1.92 within two weeks between Dec. 20 and Jan. 2 to outperform even Bitcoin (BTC), which continues to soar to new price discovery highs. THETA is down 0.15% in the last 24 hours. that does this for a living, you need some assurance that you are going to be banned or Theta Javascript SDK was released. Since then, its price has rocketed, and in early January 2021, it went past the $2 mark. It … Source. You can watch a variety of content on THETA.tv, from esports and gaming, to crypto Now live, Theta’s network upgrade includes an updated block explorer capable of working with smart contract data. LINE Dapp launches with Theta integration. Theta network enhancements usher in smart contract capabilities, A feature allowing anonymous Uniswap trading has returned, Here are the top 10 books blockchain thought leaders recommend in 2020. 1. Theta Javascript SDK was released. This will permit even more tokenholders to contribute to protocol security by staking, and will further decentralize the network. This blog post contains links to the GitHub location for the downloads plus lots of terrific information regarding Guardian Nodes. The Theta Network is a protocol that enables users to watch digital content, like esports, using the blockchain. adding to your existing staked tokens). In September 2020, Theta Labs was granted a U.S. Patent for its innovation in "Methods and systems for a decentralized data streaming and delivery network". Chief among these risks are: The risk of losing value due to negative price movements. owns a patent on that technology! THETA.tv, the first video platform built on the Theta Network, leverages an existing user base of millions of esports viewers. Mainnet 3.0 Launch: Elite Edge Nodes, TFUEL staking and burning. Theta Reduces Minimum Token Required for Staking. 4. With the latest update, you can now also broadcast your own video streams By CryptoLab. Source. This allows you to stream entirely peer-to-peer without any centralized CDN involved. The project is trying to build a decentralized video streaming platform that aims to revolutionize the way video content is distributed across the Internet by taking advantage of the decentralized nature of blockchain technology. To withdraw your staked tokens, you can use the Withdraw Stake function in your Theta Wallet app. Noting another benefit from the update, the post added: “The Guardian Node staking threshold is decreased to 1,000 THETA at block 8,411,427, for both new staking and adding to additional stakes.” Other additions include a fresh website for information on the protocol, a revised block explorer yielding smart contract data, and the unveiling of Theta-js Javascript SDK. The gas cost will be burned - which will reduce the TFuel circulation supply. “This upgrade will not require existing token holders to take any action or move any tokens — there is no token swap of any kind,” the post clarified. "Not your keys, not your crypto" applies here. Theta (THETA) is a blockchain powered network purpose-built for video streaming. Learn how to become a streamer here. The launch of the new Theta blockchain will promote THETA tokens to the role of security, governance and staking providers on this platform: Your node will be communicating with the rest of the Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch. there was a larger market opportunity even beyond Theta.tv. Staking is an alternative to crypto mining. Noting another gain from the upgrade, the post included: “The Guardian Node staking threshold is decreased to 1,000 THETA at block 8,411,427, for both new staking and adding to additional stakes.” Theta is one of the innovative platforms which has integrated the Blockchain technology with live video streaming platforms to improve the quality of video for the viewers. Guardian Node staking minimum reduced to 1,000 THETA. If you are using the GPool Guardian Node to stake your Theta, please support them by joining their Patreon Group Huge Thank You!! Staking is as easy as holding ATOM in a supported wallet and then choosing a validator to delegate to. Initially Sliver.tv (now Theta.tv) was set up as a site that might try to compete with Twitch. This process is called uptime mining. Choose Either to Delegate or Stake. Video platforms that use Theta can reduce their CDN costs (video delivery costs they pay to AWS, Akamai, etc.) Typically, the native tokens of blockchain protocols tend to surge in value following high-profile announcements. If it says waiting more then 1-job you need to spread the word about Theta to the people around you to get more peers. oracles so that there is an immutable and tamper proof record of the data, which advertisers can Simply by joining at gpool.io and start Delegating or Staking from their service. For Delegation you'll need to have 10,000 or more THETA. I left my tokens on Ledger/Trezor, what should I do? and have them distributed over the Theta Edge Network! The protocol’s native token THETA rose by 180% from $0.867 to $1.92 within two weeks between Dec. 20 and Jan. 2 to outperform even Bitcoin (), which continues to soar to new price discovery highs.THETA/USDT 1-day candle chart (Binance). One of our biggest challenges had been the high costs of delivering video to various parts of the world, and this problem is only getting bigger with HD, 4K and higher quality video streams,” said Steve Chen, Co-Founder of YouTube. demonetized out of nowhere, and Theta can give them that. There are two pieces to this project: the blockchain and the peering network. For Staking you can start with as low as 1 THETA to 9,999 THETA. If you hold your tokens in MEW or any other ERC20 token wallet on 12 March 2019, then your mainnet tokens and TFuel are in the Theta Wallet. Theta price gained 180% in merely two weeks as several highly-anticipated announcements were behind the rally. As part of the new development, Theta Labs has reduced the minimum of tokens to stake a Guardian Node on its network from 10,0000 THETA to 1000 THETA. The minimum for each staking transaction is 10,000 THETA. At this time, you can add only 1000 or more to stake at any time. The Guardian Node software can be run on Windows, macOS, and Linux. As the halving hype has now passed for Bitcoin (), altcoins are beginning to regain traction.In that regard, many altcoins have been showing significant movements in the past two weeks. Theta, a blockchain that facilitates decentralized video streaming, recently updated its mainnet, adding a number of benefits. Read more here. their bandwidth and computing resources to the network. The Having gained as much as 1,000% in value since the Black Thursday global market crash on Thursday 12th March, THETA has proven to defy the gloomy predictions of a coming recession entirely. That info can be found on the Theta Network website. Theta Edge Compute is now in the top 1,000 of all Folding@Home teams, ranked 912 out of 255,515! GPooL is a Fee Free service for you to stake THETA. Below is a list of updates posted on the GPool Patreon page. … Source: TradingView.com Theta Mainnet 3.0 roadmap was the main catalyst. That info can also be found on the Theta Network website. Theta explorer has been updated with new features. Unlike other staking protocols, Theta has a two token system where both THETA (that you stake) and TFUEL (that you earn) are traded assets. Identifiable Information (PII)) and analyzing it, you can determine which streams and users are Please read all about it here!. Theta is one of the innovative platforms which has integrated the Blockchain technology with live video streaming platforms to improve the quality of video for the viewers. Can't I add a smaller amount once I have my initial 1000 tokens staked? Staking pools are a way to stake crypto without having to run it on your hardware or with a virtual private server provider. The platform is transparent and streamer-friendly. That would translate into your node earning about 0.264 TFUEL per 100 block period, or 6,944 TFUEL monthly. Right here. 1 comment. The most important thing to remember is that running a node requires a constant and reliable internet connection. Theta Network doesn’t manage content, just like AWS/Akamai/etc. Noting other benefits from the update, “The Guardian Node staking threshold is decreased to 1,000 THETA at block 8,411,427, for both new staking and adding to additional stakes.” The risk of being scammed by the staking platform Theta can certainly also power platforms that aim to be censorship resistant. by up to 50–60%, while the users that relay video from their device can earn $5 to $15/month for doing so, depending on how much video they relay and their local network. Theta is estimated to launch Q1 2020. Theta platform does not want the viewers to pay for access to the low-quality video streaming services. Unlike other platforms, Theta.tv doesn't focus on demonetizing streamers for certain content, like cryptocurrency for example. Theta price gained 180% in merely two weeks as several highly-anticipated announcements were behind the rally. This means Theta Labs can't arbitrarily raise the staking yield as simply as you could if you were earning in the same token that you are staking. You will see the TFuel build up under the "earnings" section of the Edge node at the top. The validators keep a portion of the staking reward that can vary from 0% up to 25%. The Theta Network is a protocol that enables users to watch digital content, like esports, using the blockchain. You just need to check when they are available to swap. Directions here. A staking pool runs a master node on a server with a high-speed connection to the internet and is always serving the blockchain. There are both GUI and CLI interfaces. Real-world applications and users, not institutional investors, will challenge the failing fiat currencies and increase Bitcoin... On the frontiers of algorithmic assets, trading isn’t the only activity that will raise your heartrate. The minimum amount of THETA to stake to a Guardian Node will be lowered from 10,000 THETA to 1,000 THETA. I accidentally sent mainnet Theta tokens or TFuel to ERC20 wallet, are they lost? Results. Smart contracts have been activated on the platform at block 8,411,127. Tier 1 is the Validator Committee (10-20 nodes) which produces blocks as fast as possible (1,000+ Transactions per second). ... Theta attempts to provide support for a targeted transaction throughput of more than 1,000 TPS. You can also reach out to them on Twitter or Discord. It will say "1-job" on the Edge node if your sharing bandwidth, and "waiting" if there's no peers around you that need your bandwidth. The best place to store your THETA and TFUEL is either the Official Theta Wallet or a hardware wallet such as Ledger or Trezor. Other than these developments, the blockchain also plans to launch the next-generation Theta Mainnet 3.0 in spring 2021, whic is expected to introduce several new features. Total Staked THETA Coins: Your Total USD Value in THETA: Personal % of All THETA Staked: Your Annual … If you have additional questions then send an email to the support team at support@theta.tv. Plus, since their users are earning TFUEL for relaying streams while they watch, content creators get some of that The minimum amount of THETA to stake to a Guardian Node will be lowered from 10,000 THETA to 1,000 THETA. Viewers currently cannot withdraw their TFUEL off the site. Noting another benefit from the update, the post added: “The Guardian Node staking threshold is decreased to 1,000 THETA at block 8,411,427, for both new staking and adding to additional stakes.” Other additions include a fresh website for information on the protocol, a revised block explorer yielding smart contract data, and the unveiling of Theta-js Javascript SDK. create your own stream key, and begin live-streaming on the Theta Network - completely decentralized! Over time the project evolves and information in the whitepaper may be out of date or no longer accurate. This is another example of a Validator Nodes (run by partner platforms) are the first tier, which mine … The Tfuel burning … However, from the point you unstake your tokens, there is a ~54 hour withdrawal period before your tokens will be available back in your wallet. However, it finally broke that psychological price level in September 2020. – June 28, 2020 Just wanted to send a big thank you out to all of you that support GPooL […] If you have THETA tokens that you've held prior to March 15th, 2019 then you can The team believes that the numbers can exceed these with an upgrade, but that isn't needed until the network faces more traffic. Theta.tv is a video platform that relies on that infrastructure. 5G should be a good thing for the platform! The top exchanges for trading in THETA are currently Binance, Huobi … Smart contracts have been activated on the platform at block 8,411,127. Copyright © 2018 ioBanker - ioBanker.com is not responsible for the content of external sites. with legitimate viewers, and legitimate platforms earn more because there is no "fraud discount" applied when advertisers can be assured of legitimate viewership. While fundamental developments are encouraging, investors will be more curious to see how the price … The peering portion of the platform is not. problem we wanted to solve for Theta.tv, but that can also benefit many other video A: You only need to have 1,000 Theta tokens to meet the minimum amount to stake. Many exchanges have listed THETA and TFUEL for trading. Here's the documentation on that. The minimum token amount to stake is 1,000 THETA. Noting another benefit from the update, the post added: “The Guardian Node staking threshold is decreased to 1,000 THETA at block 8,411,427, for both new staking and … It features 24/7 live esports streams, This is recommended way to stake if you have over 10K tokens and Minimum token amount to stake: 10,000 THETA tokens. There is one located on the Theta Network website. Many of you may have wondered- What is Theta Coin? In the early days of Theta.tv (and sliver.tv before that) the platform only handled live streams - meaning videos could not be saved and replayed. Keep in mind, whitepapers are released when projects launch. This will permit even more tokenholders to contribute to protocol security by staking… Theta Reduces Minimum Token Required for Staking. This gives the pool with committed and long term holding participants. Edge Caching new use cases (game patches, software updates, etc.) Theta Staking – How To Video. but don’t really know what to do yet with all that upstream capacity. percentage of ad-revenue from the content creators that are doing the streaming/VODs. There is also one located on the home page of GuardianMonitor.io. Tfuel staking official on 3 rd June 2020 i.e. Theta Labs is excited about innovative ways that Theta blockchain could be used to more effectively seed streamers and content creators, by allowing fans and viewers to fund streamers in trustless and autonomous ways. The core idea is that ad fraud is a massive issue that hurts both the advertisers, who overpay In exchange for sharing bandwidth and resources, viewers will earn Theta tokens. Run your own Guardian Node You can read the Getting Started video to learn more. There has been talk of reducing the minimum to 1K, but as of right now the threshold is still at 10K. THETA/USDT 1-day candle […] Theta Network is a decentralize video delivery network that allows users to share/relay video streams to their nearby peers p2p, earning tokens as a reward for contributing is a handy guide for GPool here. Automated distribution of TFUEL rewards between viewers/streamers, NFTs that Important: If you stake from a Nano Ledger wallet, you'd need to navigate to the Ethereum app, and make sure that in the settings, "Contract data Allowed" and "Debug data NOT Displayed" are selected. … Once Theta Labs saw the benefits blockchain technology brought, it quickly became obvious Centralized streaming is the system that people are currently most familiar with. The goal is to provide high quality, smooth video streaming while at the same time reduce the cost of delivering video streams (source: Sasha Shilina, paradigm-fund). 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