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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on THETA by LUIS RIVERO R

Revainrating 4 out of 5

Decentralized video service.

This project that plans to massify the use of blockchain and decentralization in video on demand services, reducing costs for infrastructures. Users can share their bandwidth just by being a spectator of the content, it is possible to directly receive Theta.

-High quality in the transmitted but decentralized videos.
-Cost reduction by sending video to the requesting user.
-Open and decentralized code, allowing users to publish their content, with point-to-point transmissions.

In general this project is in its initial stage of development, although its network was already launched it was launched but only for the use of its cryptocurrency and not for video transmission.

Only it is a completely full market, since there are other services that offer video service, although centralized, it is really difficult to compete with those services.



Pros
  • Easy creation web wallet for new users.
  • Reduce storage costs.
  • Censorship of centralized platforms is avoided.
  • Content creators receive the corresponding content for their content, without intermediaries.
  • Receive rewards for sharing bandwidth.
  • High quality in video streaming  
Cons
  • Platform still in development, without many technical details.
  • Beta version possibly released in late 2020.  

Comments (1)

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February 25, 2020
Good review, congratulations. I always learn a lot from your reviews !!