Theta: Pre-Guardian Node program continues to grow with more than 800 verified nodes and 98 million total THETA in PGN client, The Theta web wallet Ledger and Trezor integrations, Theta CTO Jieyi Long at IEEE Blockchain conference in Seoul

Paradigm
Paradigm
May 23 · 6 min read

Biweekly update 9th May — 23rd May

Development

GitHub metrics

THETA has 8 public repositories and 15 private repositories. Overall, the Project has frequent commits to the collection of repositories.

Developer activity (from Coinlib.io)

Theta Pre-Guardian Node program continues to grow!

Since April 22nd, 2019:

Verified nodes increased from 662 to 814

Total THETA in PGN client from 80,200,527 to 98,017,413

For information on Theta Guardian Nodes and how to join, see their announcement blog.

The first TFUEL distributions for the Pre-Guardian Node program went out on May 6th, 2019.

For more info on PGN, check out Theta Labs previous blog posts.

Check out the latest updates on TFUEL integration with SLIVER.tv at the new TFUEL streaming roadmap — this will continue to be updated as new features are completed and added to roadmap.

The Theta web wallet now allows you to access your mainnet THETA + TFUEL on both Nano Ledger and Trezor devices!

Note: Ledger access uses the Ledger Ethereum app to interact with Theta blockchain. This is intended, and will work for mainnet Theta tokens

Social encounters

May 16th, 2019: Theta CTO Jieyi Long presented his white paper Scalable BFT Consensus Mechanism Through Aggregated Signature Gossip at the IEEE Intl. Conference on Blockchain & Cryptocurrency in Seoul, South Korea.

Source: IEEE International Conference on Blockchain and Cryptocurrency.

Read more on “Scalable BFT Consensus Mechanism Through Aggregated Signature Gossip” by Theta CTO Jieyi Long and lead developer Ribao Wei here. In this paper, they present a new BFT consensus mechanism which enables thousands of nodes to participate in the consensus process, and supports very high transaction throughput. This is achieved via an aggregated signature gossip protocol which can significantly reduce the messaging complexity and thus allows a large number of nodes to reach consensus quickly. The proposed aggregated signature gossip protocol leverages a non-interactive leaderless BLS signature aggregation scheme. The authors have proven the correctness of the protocol, and analyzed its efficiency. In their analysis, each node only needs to send and receive O(logn) messages to reach agreement, where each message just contains a couple kilobytes of data.

The team will be doing monthly live AMAs going forward, and you can vote for who you’d like to see next from Theta team here.

Finance

Information from Coingecko.com (May 23rd, 2019):

Network Statistics

Sliver.tv statistics (May 23rd, 2019):

The information is taken from Similarweb.com.

Roadmap

Theta Network — 2019 Roadmap

Q2 2019:

  • Beta release universal edge cacher client
  • Launch 3rd party Validator partner program
  • Enhance Mesh Streaming Network scalability
  • Enhance Blockchain scalability
  • Launch Developer tools for Theta mainnet integration
  • Beta release Android mobile SDK integration with initial partners

Q3 2019:

  • Launch support for video on demand (VoD) in Theta Mesh Streaming Network
  • Launch guardian node functionality and onboard initial group of community-run guardian nodes
  • Beta release support for Android-based set-top boxes and smart TVs
  • Introduce guardian nodes into the validator node set on rotating basis
  • Launch smart contract support

Q4 2019:

  • Expand Theta content delivery beyond video to support all forms of data (e.g. file updates, game patches, video ads, audio/music, etc)

Partnerships and team members

No updates.

Rumors

Twitter:

Reddit discussions:

Other:

Social media metrics

Social media activity
Social media dynamics
Social media dynamics

Theta community continues to grow. There is a slight increase in the number of subscribers of Theta social media channels these weeks.

Theta subreddit has moved to Theta_network. And telegram chat moved to ThetaNetwork.

Official Telegram group — Discussions on testnet, price, possible partnerships, etc.

Facebook — 15–25 likes per publication, 1–5 shares.

Twitter — Average number of retweets is 35–40 for one post.

Bitcointalk.org — since November 23rd, 2017. Discussion on mainnet launch, price, roadmap. Last publication — on May 18th, 2019.

There is a slight growth in Theta community over time. The graph above shows the dynamics of changes in the number of Theta Reddit subscribers, Twitter followers and Facebook likes. The information is taken from Coingecko.com.


This is not financial advice.

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Paradigm is a family office fund investing in crypto space since 2013. We are a group of industry experts & crypto enthusiasts consisting of PhDs and graduates from the top universities with experience in creating startups, trading on traditional financial markets and blockchain

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Paradigm fund

Paradigm is a family office fund investing in crypto space since 2013. We are a group of industry experts & crypto enthusiasts consisting of PhDs and graduates from the top universities with experience in creating startups, trading on traditional financial markets and blockchain