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TFUELUSD

Theta Fuel

TFUELUSD
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0.06296USD

+0.00078+1.25%

Today

+1.25%

1 Week

+11.65%

1 Month

+13.52%

6 Months

-40.28%

Year to Date

+29.52%

1 Year

+88.00%

View Detailed Chart

Key Data Points

Opening Price

0.06198

Previous Closing Price

0.06218
Price Range of the Day
0.061100.06435
52-Week Price Range
0.000000.06296

Theta Fuel News

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Info of Theta Fuel

Who oversees the governance and development of the Theta network?up
The governance and development of the Theta network are overseen by an enterprise validator and governance council, comprising leading global corporations and strategic investors. This collaborative approach underscores Theta's commitment to innovation and its vision for a decentralized future in media, AI, and entertainment. The council includes entities such as Google, Samsung, Sony, Creative Artists Agency (CAA), Binance, and Blockchain Ventures, among others. These enterprise-level partners play a significant role in securing the network, contributing to its stability and long-term sustainability. The Theta network's advisory board also includes industry luminaries such as Steve Chen, the co-founder of YouTube, and Justin Kan, the co-founder of Twitch, further bolstering the project's credibility and expertise.
What is the purpose of the Theta dual-network architecture?up
The Theta network is designed with a dual-network architecture, consisting of the Theta Blockchain and the Theta Edge Network. This innovative structure enables a comprehensive suite of services, from payment and reward systems facilitated by the blockchain to the compute, storage, and delivery services provided by the Edge Network. The Theta Blockchain operates on a proof-of-stake (PoS) consensus mechanism, requiring users to stake THETA or TFUEL to participate in network operations and contribute to the network's security. The Theta Edge Network, on the other hand, enhances security by providing decentralized compute, storage, and delivery services through a distributed architecture, reducing points of failure and potential attack vectors. This dual-network approach supports a wide range of applications, including video streaming, AI tasks, and various other computational and delivery services.
How is Theta Fuel (TFUEL) secured?up
The security of Theta Fuel (TFUEL) is deeply integrated into the dual-network structure of the Theta ecosystem. At the core of the network is the Theta Blockchain, which operates on a proof-of-stake (PoS) consensus mechanism. This requires users to stake THETA, the governance token, to participate in network operations, including transaction validation and governance decisions. By staking THETA or TFUEL, users contribute to the network's security, making it more resilient against attacks. The staking process incentivizes participants to act in the network's best interest, as they have a vested interest in maintaining its integrity and performance. The Theta Edge Network further enhances security by providing decentralized compute, storage, and delivery services through a distributed architecture, reducing points of failure and potential attack vectors. The upcoming Theta EdgeCloud, a hybrid cloud computing platform, will leverage a fully distributed architecture to offer cloud services, setting a new standard for decentralized infrastructure.

Theta Fuel

0.06296

+0.00078+1.25%