Theta Network is a decentralized network in which users share bandwidth and computing resources in a peer-to-peer (P2P) network, it was created for video streaming. A feature of the platform is the fact that for viewing network resources and sharing, a reward in the form of TFuel tokens follows.

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Theta Network

Theta Fuel (TFUEL) is one of two tokens on the network. It serves as a service token in the decentralized transmission of video and data, and also acts as a gas token. That is, it is used to ensure all operations in the Theta blockchain, such as payments to repeaters for sharing a video stream, deployment and interaction with smart contracts, as well as fees related to NTF transactions and DeFi applications.

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Theta Fuel

Proud to announce that #CyberSecurity auditor @Hackenclub has certified #RPLAY smart contract! One crucial step closer to imminent subchain launch on @Theta_Network #Metachain - more details coming soon! 🤩

Check out our blog on the news:https://link.medium.com/hZ9RHzDItCb

Twitter

The next Theta subchain is coming soon from Replay! Metachain architecture continues to expand with @LavitaAI @toonstarhq and many more to come

The next Theta subchain is coming soon from Replay.