Review on THETA by Özgün A
Creating the youtube of the future
Theta is a crypto money project of a video content website created with blockchain technology.
To join the Theta network, you must download the program from the website that is compatible with your operating system. This project has many world-renowned partners. Binance, Sony, Google, Samsung, Blockchain and Gumi ..
There are many problems with today's video platforms. Upload speeds, download speeds, broadcast problems ... Theta wants to move the video sharing industry on blockchain technology to overcome these problems. Sharing content is becoming both faster and less costly. In addition, it keeps away from the tax systems of the states. Viewers from this project also win an award.
The Theta project focused on the following problems;
1) Poor video quality: Avoid high loading times.
2) Very fast data verifications: High quality publications can be made and the bottleneck can be prevented.
3) Central and inefficient system: By finding a solution to this problem, it aims to generate more income for content producers.
The Theta project aims to overcome the problems of content producers and users in the digitalizing world.
Pros
- Since it is open source, it is open to continuous improvement
- Creators and viewers get more shares of prizes
- Payment pool is created with BFT algorithm
- There are many funders
Cons
- The project is still poorly recognized
