| General information | |
|---|---|
| Global rank: | 132 |
| Name: |
Theta Fuel |
| Symbol: | TFUEL |
| Current coin price (BDT): | 8.20 ৳ |
| Last hour: | arrow_upward1.41 % |
| Last 24 hours: | arrow_downward-8.54 % |
| Last 7 days: | 1.18 %trending_up |
| Capitalisation (BDT): | 54 945 679 416.50 ৳ |
| Volume 24h (BDT): | 2 178 240 722.54 ৳ |
| Available supply: | 6 697 840 344.00 TFUEL |
| Proof type: | PoS |
| Start date: | 23/11/2018 |
Theta Fuel/Bangladeshi Taka (TFUEL/BDT) price chart
Theta Fuel/Bangladeshi Taka (TFUEL/BDT) capitalisation and volume charts
The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. First, tokens on the Theta blockchain are used as an incentive to encourage individual users to share their redundant computing and bandwidth resources as caching or relay nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional content delivery pipelines, especially for high-resolution high bitrate 4k, and 8k. Second, with sufficient network density, the majority of viewers will pull streams from peering caching nodes, allowing video platforms to significantly reduce content delivery network (CDN) costs. More importantly, by introducing tokens as an end-user incentive mechanism the Theta Network allows video platforms to deepen viewer engagement, drive incremental revenues