Theta Labs launches the beta release of its video platform

Theta Labs launches the beta release of its video platform
фото показано с : invezz.com

2020-12-5 15:39

Theta Labs, a blockchain project that aims to deliver decentralized video streaming to the masses, has just made a major move forward. The project’s recent announcement revealed that its streaming platform is coming out in beta.

Theta Labs’ video streaming platform is finally ready

The announcement of the platform’s beta release came this Thursday, December 3rd. The so-called Theta Edgecast platform will allow users, while at the same time, it will lower the cost of video content delivery through the use of a distributed network.

Essentially, Edgecast is a dApp that was created on Theta Labs’ P2P video blockchain technology. It is powered by Theta Edge Network, which currently has around 2,690 nodes, based on the announcement.

It is also worth noting that Theta Labs received assistance from Google earlier this year. The tech giant behind the world’s largest search engine linked up with the project to help with the video delivery network by onboarding new users via its Google Cloud. The company even helped with the launch of Theta (THETA) mainnet 2.0.

How does the platform work?

Theta Labs has been working on its video platform for a long time, now. It actually started building it back in 2017. Mitch Liu, the company’s CEO, stated that the firm’s core thesis was to create a fully decentralized video infrastructure.

The platform allows users to capture a video, transcode it in real-time, caching it, and relaying the captured content to its users across the world. The same network is also powering Theta.tv, which is the project’s esports streaming platform.

Liu stressed that this means that there is not a single centralized service, or even a server, in the entire Theta ecosystem, which is a major accomplishment. However, Liu also noted that it was quite a challenge to achieve it.

As part of the platform’s official launch, The World Poker Tour revealed that it will offer non-stop content on Theta Edgecast. As a result, users will be able to watch the games from the platform, directly.

The post Theta Labs launches the beta release of its video platform appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

StonieCoin BETA (STCB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 STCB

project platform video streaming theta labs beta

project platform → Результатов: 126


Фото:

IOST Partners with Agro-Tech Startup Blocery to Streamline Agriculture Supply Chain

High-performance smart contracts platform IOST (IOST) inks deal with Blocery. Powering Agriculture with Blockchain In an announcement made recently, ultra-fast, scalable blockchain project IOST announced that it had partnered with blockchain firm Blocery to revolutionize the distribution of agricultural products through distributed ledger technology (DLT).

2020-11-18 22:54


Фото:

Etherisc-Powered Smart Contract Insurance Platform to Aid Kenyan Farmers

The Chainlink Community Grant Program is funding a blockchain project to aid smallholder farmers in Kenya. Using Blockchain to Help Farmers In a recent announcement, the Chainlink Community Grant Program revealed that it was funding a low-cost insurance project between decentralized insurance protocol named Etherisc and ACRE Africa, an Africa-based micro-insurance issuer.

2020-11-16 15:00


Фото:

Altcoin Explorer: How Polkadot (DOT) Is Leading the Blockchain Interoperability Race

Amid the rapidly maturing decentralized finance (DeFi) space within the larger cryptocurrency industry, one major smart-contract platform has caught the attention of everyone – Polkadot (DOT). In this Altcoin Explorer, we explore in detail the Polkadot ecosystem and attempt to determine if this promising blockchain project has what it takes to propel blockchain technology intoRead MoreRead More.

2020-11-7 18:45


NEAR mainnet transitions to Phase 2; becomes permissionless and decentralized

The NEAR project has reached its most significant milestone since inception by completing the transition to a fully permissionless, decentralized and community-governed network. The platform is now unrestricted and open for developers to deploy apps and users to create accounts and transfer tokens in a fully permissionless manner.

2020-10-14 07:30


Фото:

Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI

On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals can now utilize the Ethereum-based stablecoin across a myriad of decentralized applications (dapps).

2020-10-9 06:30


Фото:

Dfinance – A Layer 2 Blockchain Network built for DeFi

Dfinance is a purely decentralized layer-2 network offering the infrastructure to create various financial instruments and DeFi tools with no technical skills required. It is a new project by Wings Stiftung Foundation who developed the WINGS DAO protocol – a decentralized forecasting platform for handling due diligence and price discovery. The team has since moved […]

2020-9-12 00:29


Фото:

IOTA Foundation-Led Cost-Efficient Energy Trading Platform Is Now Business-Ready

The IOTA Foundation-led and EU-Funded project, CityxChange, is business-ready according to a research finding published by the European Commission on Sep 9.   Innovation Radar to the European Commission: CityxChange is Business Ready The initiative which runs till October 2023 aims to create a “decentralized and cost-efficient energy trading platform” for a sustainable urban environment by 2050 focusesRead MoreRead More.

2020-9-11 21:00


OKEx Jumpstart Mining Opens New Revenue Generation Avenues for OKB Holders, ZYRO Becomes First Staking Project

OKEx Jumpstart, the cryptocurrency project accelerator operated by global crypto spot and derivatives exchange OKEx now supports mining on its platform. According to the announcement, the feature will allow OKB token holders to stake their tokens 14 days before the listing of a new Jumpstart project for a chance to gain rewards and staking incentives. […]

2020-9-10 16:15


Фото:

Australian Banks Partner with IBM on Trade Guarantee Project 

A consortium of big Australian banks has successfully conducted a blockchain-based pilot with over 20 Australian businesses and IBM, according to a report. Australian banks look to blockchain IBM public cloud Lygon blockchain platform has successfully conducted its pilot with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac, and a group of 20Read MoreRead More.

2020-9-7 17:07