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Theta Edge Network is the leading blockchain-powered network for decentralized video delivery, with more than 7,000 Edge Nodes across the world. Edge Nodes currently relay video content over the fully decentralized Theta Edge Network, with no centralized servers involved of any kind. Recently, edge nodes also added the capability for users to contribute their excess CPU/GPU computing power to process jobs for Folding@Home, the world’s first distributed supercomputer dedicated to medical efforts such as protein folding for vaccine research. (If you aren’t already running an edge node, you can start running one by downloading here). …


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Theta is excited to have Patrick Chang, Director at Samsung Next Ventures, now taking the lead in managing Samsung Next’s investment in Theta Labs.

Patrick Chang is an early stage investor at Samsung Next Ventures. He primarily focuses on seed to series B enterprise investing and specializes in Blockchain, Edge Computing, and Open Source. Prior to Samsung Next, Patrick was at Foundation Capital with a focus on SaaS and enterprise software. He has over 15 years of experience investing in enterprise software in various stages from seed to growth equity at Bain Capital Ventures, Investor Growth Capital and more. …


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We’re excited to get 2021 kicked off for the Theta Network with plans to make this the strongest year yet for Theta growth! 2020 was a challenging year in many respects, but we were fortunate to keep our team safe working remotely, our productivity high, and Theta is better positioned than ever to capitalize on the strengthening crypto space. With the right foundation in place, we expect 2021 to be a period of hyper-growth for Theta Network as we continue to decentralize video and data delivery. …


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The Theta ecosystem continues to expand with the release of the Theta Token Minter! With the Theta Token Minter, any user can create new TNT-20 tokens on Theta blockchain with no smart contract experience needed — you just need to know the name, ticker symbol, and decimal number and the supply parameters of your new token, and the Token Minter will take care of the rest! This opens the door to any number of new assets to be created on Theta blockchain, from custom streamer assets to new Dapps with their own tokens and much more.


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The latest Theta Wallet is out now — a brand new Chrome extension with all the features of the Theta Wallet you use on mobile or the web! Combining the ease of use of Metamask and the functionality of Theta Wallet, this new extension gives the best experience yet for desktop Theta users.

The Theta Wallet Extension allows you to manage your accounts right in your browser. You can have multiple accounts, send THETA/TFUEL, stake to guardian nodes, manage your TNT-20 tokens and more! This is the most connected Theta Wallet because it allows developers to securely integrate Theta into their DApps. You don’t have to leak any phrases or private keys. …


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We are delighted to announce that Mr. Kanghoon Won, LG Uplus IPTV platform and service team leader executive, is joining Theta’s advisory board. LG Uplus formerly known as LG Telecom is a leading telecommunications company in South Korea and a subsidiary of LG Corporation, Korea’s fourth largest conglomerate. As a new advisor to Theta Labs, Mr. Won will play a strategic role to expand our reach in Korea and broader Asia particularly focused on media business areas.

Mr. Won has 21 years of experience in the video content and IPTV platform business industry. He first started his career at Dacom, where he managed content business for the first ever ISP in Korea — Chollian, and then worked at the SBS Content Hub where he was managing premium website content and VoDs. Now he is in charge of LG Uplus’ mission to advance the IPTV platform through building strategic alliances with various domestic and overseas partners including Google, Naver, Netflix, and Amazon. In 2018, Mr. Won was awarded the Korea IPTV Broadcasting Association President’s Award in commemoration of the 10th anniversary of IPTV. He graduated from the Korea University with a degree in French Language and Literature major, and finished an LG Group MBA course. …


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At block 8,411,427, expected to occur at approximately 12:47pm PST, the new Theta protocol changes will officially go into effect! Theta development team will then monitor the blockchain to confirm all updates went as expected and will announce when complete. This upgrade will not require existing tokenholders to take any action or move any tokens — there is no token swap of any kind. Here is a quick guide on what to expect today and in the coming weeks for Theta:

What changes are coming today, December 10?

  • Smart contracts are enabled on Theta mainnet at block 8,411,427
  • The Guardian Node staking threshold is decreased to 1,000 THETA at block 8,411,427, for both new staking and adding to additional…


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We’re thrilled to announce the next generation Theta blockchain: Theta Mainnet 3.0 projected to launch in the Spring 2021 will introduce TFUEL staking and burning. The full Mainnet 3.0 whitepaper can be found here.

Background

Theta Labs launched its native blockchain purpose-built for peer-to-peer video delivery in the Spring of 2019. With Mainnet 2.0 in May 2020, we introduced Guardian nodes, a revolutionary, two layer consensus mechanism to complement Enterprise validators run by a premiere set of global partners including Google, Samsung, Binance, Blockchain.com, and Gumi.

Following Mainnet 2.0, the capability of the Theta Edge Node network was significantly enhanced with the release of Theta’s peer-to-peer “EdgeCast” technology. This new fully decentralized technology stack adds the ability to capture live video, transcode it in real-time, cache and relay live stream video data to users globally — all through Theta’s P2P edge network run by thousands of community members. …


Major updates are coming soon to the Theta blockchain, designed to expand its functionality and respond to the top community requests. These protocol updates will significantly increase the use cases of Theta blockchain, drive value to the protocol, and further decentralize the governance and security of Theta as a whole. The protocol changes will go live at approximately 12pm (Noon) PST on Thursday, December 10th. The target block for the upgrades to go into effect is 8,411,427. This upgrade will not require existing tokenholders to take any action or move any tokens — there is no swap of any kind.


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Theta Network is delighted to launch a prime K-Pop Entertainment channel, NEW K.ID as its next premium content partner to THETA.tv global streaming platform!

NEW K.ID, airs an exclusive blend of top K-Pop music variety & reality show, K-Drama, and K-Pop news program 24/7 on it’s channel THETA.tv. And NEW K.ID streams on THETA.tv will be powered by Theta’s innovative blockchain, which lets users earn TFUEL rewards for sharing their video stream with others in the network, peer-to-peer and decentralized.

NEW K.ID brings new contents channels of movies, dramas, food & travel shows, music videos, and sports entertainment to global distribution platforms including Samsung TV Plus, Rakuten TV, LG Channels, VEWD, VIZIO, and now partners with THETA.tv …

About

Theta Labs

Creators of the Theta Network and THETA.tv — see www.ThetaLabs.org for more info!

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