THETA to GBP Converter
How much British Pound Sterling ( GBP) is 6.993 Theta Network ( THETA)?
Theta Network
THETA
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The Morpher currency calculator allows you to convert a currency from Theta Network (THETA)
to British Pound Sterling (GBP) in just a few clicks at live exchange rates.
Simply enter the amount of Theta Network you wish to convert to GBP and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 THETA, 5 THETA, 10 THETA, 50 THETA etc.
Quick facts about Theta Network
Theta network is a decentralized video streaming network that is powered by blockchain technology.
Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis.
Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
The video streaming services on Theta rely on a distributed network of users who voluntarily contribute their spare bandwidth and computing resources to run Theta’s system, in return for Theta Fuel (TFuel) reward. Theta runs on a modified proof-of-stake consensus mechanism as it has a unique multi-Byzantine Fault Tolerance (BFT) which combines a committee of 20-30 Validator nodes with a second later of thousands of Guardian nodes.
This acts to speed up approvals and is faster than traditional proof-of-work networks.
Theta’s multi-BFT design achieves a healthy balance between consistency, speed, and decentralization.
Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis.
Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
The video streaming services on Theta rely on a distributed network of users who voluntarily contribute their spare bandwidth and computing resources to run Theta’s system, in return for Theta Fuel (TFuel) reward. Theta runs on a modified proof-of-stake consensus mechanism as it has a unique multi-Byzantine Fault Tolerance (BFT) which combines a committee of 20-30 Validator nodes with a second later of thousands of Guardian nodes.
This acts to speed up approvals and is faster than traditional proof-of-work networks.
Theta’s multi-BFT design achieves a healthy balance between consistency, speed, and decentralization.
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