Topic: [ANN] [TOKEN SALE] Theta Network - Next generation video delivery powered by you - page 18. (Read 30426 times)

We're work on it. Will have more info regarding on the bounty program soon!

Need Chinese translation

Ya will update once we have more info on that

Nice project dev, I see your company investors is very good.
It will be success in the future. Good luck your project.

Ya good suggestion!

Meet the Theta team! From left: Ryan Nichols (Head of Product & Platform), Riz Virk (Head of Corporate Development), Mitch Liu (Co-founder / CEO), Jieyi Long (Co-founder / CTO)

Good question! First, Theta network encourages viewers to sharing their computers as caching relay nodes (somewhat similar to BitTorrent). In return they get Theta tokens as rewards. Viewers then can gift the theta tokens to the content creators. Advertising can also use Theta tokens to reward content creators. All these token transactions are direct transactions, video platforms in the middle don't take cuts. See the intro video below:

See intro video: https://www.youtube.com/watch?v=e5-TsO1aMm8

Ya we'll strive to achieve that!

Good question! In our proposal, in the first phase we plan to combine peer-to-peer and CDN to accelerate video delivery. Viewer can pull stream from either peers or CDN edge servers depending on which one has better quality. Hence more peering nodes will always lead to higher quality.

Yes blockchain plays the central role in our architecture -- the peering caching nodes acts similar to miners in Bitcoin/Ethereum. However, the block reward is not a constant. It depends on how much video relay work the caching node conducted. If a caching node relayed more video streams, when it mines a new block, it will get higher reward. This encourages the caching nodes to perform useful works (relaying video) besides mining new blocks.

For more details, please see our whitepaper and tech overview slides:
Whitepaper: https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-white-paper-latest.pdf
Tech overview: https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-tech-overview-latest.pdf

Why We’re Introducing the Theta Token & Blockchain to Revolutionize Video Delivery
Medium

Thanks!

idea is good . the team is very strong , i think that is good project worth to invest. good luck for your project

Ya real for sure, please see the news articles on Forbs and HuffingtonPost:

https://www.forbes.com/sites/johnkoetsier/2017/11/21/new-vr-streaming-service-bittorrent-meets-blockchain-meets-youtube-meets-twitch
https://www.huffingtonpost.com/entry/theta-reinventing-streaming-video_us_5a143dfae4b08b00ba673414

Is the line-up you guys have to offer here real? I mean you are real superstars in the tech space, that would be just awesome! Any verification?

after I read the title of this thread I immediately interested to see it turns out after I read the project in doing very interesting once and make me look forward to the continuation of his project.

Great question! BTW this is Jieyi. I am the CTO of Theta/SLIVER.tv

The main purpose of using blockchain is to encourage viewers to share their redundant bandwidth resource to relay the video stream. In return they'll get Theta tokens as rewards.

The viewers that share their bandwidth resource are called caching nodes. They relay video streams while mining new blocks just as Bitcoin miners. Yet in Theta, the reward for a block is NOT a constant. The more video stream the caching node relayed, the higher block reward it would get. Here is how it works -- when a caching node mines a new Theta block it calculates a reputation score for itself. The reputation score is a measure of the amount of video stream data it relayed in a recent time window. A high reputation score increases the block reward, and in turn encourages the caching node to relay more video. Furthermore, when a new block is mined, all caching nodes must verify the reputation score of the caching node that mined the block, and thus form a global consensus on the block reward.

The calculation of the reputation score is based on the "service certificates" the caching node collected from its downstream viewers while relaying the video streams. The "service certificates" requires hashing power to generate and therefore hard to fake. Yet the "service certificates" are easy for other miners to verify, which makes the global consensus on the block reward possible. To get more details, please look at our whitepaper and the technical overview:

Whitepaper: https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-white-paper-latest.pdf
Technical overview: https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-tech-overview-latest.pdf

The purpose of using a blockchain to power the network is to incentivize users to share streaming video and build up the strength of the decentralized streaming network. Instead of setting up thousands of individual nodes or paying users to do so, we're creating an ecosystem that encourages users to share and rewards them with Theta Tokens.

Yes, you can earn Theta Tokens as a streamer in two ways: from advertisers, or from your viewers if they choose to tip you with Theta Tokens for your content.

good afternoon, and how does the "theta" want to work on it? how can the peer-to-peer process help deliver high-quality video? Do you intend to use the blockchain in any way on the project? If so, how?

a simple question...
buy why do you need blockchain for that busines?