This May 27 gonna be a big impact on the theta blockchain community with the launching of it next step version of THETA MAINEET 2.0. I have found some articles about this project which seems to be quite techtical and require some advance knowledge to know that. So here is a brief explanation about theta community upcoming new project called MAINEET 2.0 in a general language .
What is THETA network?
Theta is a cryptocurrency reward for the video content delivery network.It is also a decentralized video delivery network built on Ethereum network. Its token is included in ERC 20 ethereum based token. Their blockchain network is designed to reduce delivery cost in video stream and sharing bandwith with other network. Where users get an incentive in crytocurrency called theta token and tfuel in exchange of the shared bandwith . Currently theta is value with all time high of 0.30$ . And its value is going parabolic in the last seven weeks. Making it one of the best option for staking.
It has two token
Theta token
Tfuel
Theta token is the one where users joined the video delivery network and share their bandwith. Theta token is used to pay its users for sharing bandwith. It can be used to pay content creator, buy premium package etc
Thera fuel or Tfuel on the other hand is one which is used to reward users for contributing with theta token. Here users are rewarded tfuel for streating video content in Theta.tv .Tfule can be used for donation and upgrade account. Tufuel is valued with 0.00018$.
# users earn TFUEL for lending bandwidth to video streams, and THETA hodlers earn it simply for staking.#
What is Theta.tv?
Previous called as silver.tv it is the next generation ESPORT video application powered by the theta blockchain. It is also a compatitor to sites like twitch which rewards its users in cryptocurrency.
What will be MAINEET 2.0?
After the launching of MAINEET 1.0 in March 2019 ,THETA MAINEET 2.0 is a major update to the Theta blockchain, introducing Theta novel multi BFT consensus. It is a big step to take theta blockchain community to the next level.
Theta is partnering with world second larget mobile company smasung and also with Gfuel. Theta.tv is going to be prinstalled in every galaxy S20, S10, Note 10 users. Such partnership is what is needed to go at the top of the mainstream and become the top cryptocurrency by giving opprtunity to million of users about theta.tv app. Also Theta.tv app is also going to be launched in android app bringing Tfuel rewards to smart tv users around the world.
Thank you so much for this information.