Cryptocurrency Q&A
What blockchain does THETA use?
What blockchain does THETA use?
Paolo
Thu Sep 12 2024
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7 answers
1715
I'm curious to know what blockchain technology THETA utilizes to power its operations. Could you elaborate on the specific blockchain that THETA has chosen to build its platform on, and what benefits this particular blockchain offers in terms of security, scalability, and transaction speed? It would be helpful to understand how THETA's choice of blockchain aligns with its goals and vision for the future of decentralized video streaming and content delivery.
7 answers
SsamziegangSerenadeMelodyHarmony
Sat Sep 14 2024
Both Validator and Guardian nodes play crucial roles in the Theta blockchain's consensus process. Validators are responsible for proposing and validating blocks, while Guardians help maintain the network's stability and prevent attacks.
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DiamondStorm
Sat Sep 14 2024
To participate as a Validator or Guardian, nodes must stake a certain amount of THETA tokens. This staking process creates a financial incentive for nodes to behave honestly and avoid malicious actions that could harm the network.
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lucas_jackson_pilot
Sat Sep 14 2024
The staking requirement serves as a barrier to entry, making it more difficult for attackers to disrupt the network by launching a Sybil attack or engaging in other malicious activities.
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OpalSolitude
Sat Sep 14 2024
The Multi-level BFT mechanism employed by THETA blockchain is designed to address the so-called “impossible triangle” in distributed systems. This triangle refers to the challenge of achieving a balance between consistency, transaction throughput, and decentralization.
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CryptoTitan
Sat Sep 14 2024
The THETA blockchain employs a Proof of Stake consensus mechanism, a method that ensures network security and validates transactions through staking. This system incentivizes participants to uphold the network's integrity by requiring them to lock up or "stake" their THETA tokens.
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