Theta Network forecast: THETA course 2022, 2025 and 2030
Smart contract platforms like Ethereum have a big problem with scaling, especially in times when a large number of users are using the platforms at once. In a decentralized economy, a higher transaction fee is usually required as the load increases. Therefore, it happens from time to time that if a network overheats too much, users with a small amount in the wallet cannot send it at all. Because the costs for a transaction exceed the value in the wallet.
Theta Network forecast: THETA course 2022, 2025 and 2030
Thousands of different projects on the market want to tackle this problem at once. With often similar approaches, a better scaling for these decentralized systems is sought. Many forget that scaling with decentralized systems is not as easy as with central ones. Therefore, there is often a higher form of centralization in blockchain systems that have a high degree of scaling than other cryptocurrencies, such as in Proof of Work projects such as Bitcoin.
Scaling sub-chain
Nevertheless, Theta would like to achieve a very high number of transactions per second (TPS) through innovative technology - because this is what blockchain platforms are often compared to. Therefore, at Theta, various sub-chains are created when implementing a new project. As a result, not every validator in the network processes all data at once.
So if a new project starts on Theta, the entire blockchain is not burdened, but a selected sub-chain is created in which certain validators are active. The advantage is obvious: By dividing the blockchain into several sub-chains, individual validators can check smaller parts more quickly and thus release them. As a result, theta is scaling at thousands of transactions every second.
The previously mentioned risk of centralization is now also becoming conscious. In the Bitcoin network, all participants still have to check each transaction, while in the Theta network different parts are formed that never check the entire network. As a result, individual market participants could cheat faster than in the Bitcoin network. Because there is simply a lower control factor per sub-chain compared to a full check of the main chain by all validators involved.
With this concept of sub-chains, there must still be a decisive incentive for the work of the validators. Compared to Bitcoin's oldest blockchain, only one participant gets the payout of a work step (new block every 10 minutes), but every participant has the incentive to also get this payout. Not only does this create a competitive effect and productivity behind the network, it also allows for a high level of decentralization, as each participant has the reward in mind, but never the cheating of the network (otherwise the reward would be worth nothing either).
The sub-chains that we explained in connection with the Theta Network forecast: THETA course 2022, 2025 and 2030 are never checked by all validators at once. For this reason there is no single reward, but a distributed one.
Theta.tv and Theta Fuel
Videos can be published and watched through Theta's own video platform. Theta can be earned by watching the videos. To get an insight into the platform, click here: www.theta.tv* . In addition to streamers who produce the content on the platform and receive FUEL for it, there are also viewers who consume the content of the platform and are also rewarded for it.
In addition, advertising partners can place ads on Theta.tv, which, however, are paid for with Theta. There are also a few participants who ensure the technical process and also make improvements to the video quality, for example.
In addition to the Theta platform coin, there is also Theta Fuel (TFUEL). Theta acts as a staking token. This means that if Theta is added to the staking pool, you can increase your number of Theta and participate in certain decisions of the project through a governance structure through voting rights.
Theta Fuel is comparable to gas on Ethereum. Because it is, as the name already explains, the fuel of the platform. This means that Theta Fuel is used to set up certain nodes. It is also used as payment when integrating smart contracts. This makes both coins extremely important for the platform.
Tokenomics vom Theta Coin
In 2019, the project started as an ERC20 token on the Ethereum blockchain platform. At the time, this was the normal standard for new crypto projects. Shortly thereafter, the Theta Coin implemented its own mainnet, which was realized by a SWAP of the Ethereum token to the main chain.
The token sale price at the time was $0.067, with 30% of the tokens sold being settled in a private sale round. With a total of USD 20 million in ICO seed capital collected, the project has developed splendidly over the years and the many technical innovations. Many promises made by the developers have been kept. The maximum number of all Theta Coins in circulation is 1,000,000,000 Theta.
The team has a modest share at just over 7%, which nonetheless poses a problem of centralization. Advisors were satisfied with 1.23%. The partners and the network seeding were each fobbed off with 12.5% of the token supply. The reserves of the project are estimated at over 36%, which are primarily intended to further advance the economy of Theta Network.
Theta Network Forecast: THETA course 2022, 2025 and 2030 from experts
Having looked at the technicalities behind the Theta Coin, let's now examine various expert opinions on the development of the course in the future. What do different experts from the crypto scene say? Keep in mind that these statements are always based on the personal opinions and assessments of the respective experts - but this is never to be understood as investment advice. Only you can decide whether to invest your savings in a project. The opinion of certain experts on the scene should never serve as a basis for a purchase.
Conclusion on the Theta Coin
Above all, the distributed structure through main and sub-chains enables higher scaling, since not every participant has to check everything. This theoretical approach can be found in many projects that aim to solve Ethereum's problems. Nevertheless, fraud is easier for individual validators, since there is a significantly lower control factor than, for example, with Proof of Work projects such as Bitcoin.
Nevertheless, Theta can shine with a high TPS. Especially in times of bull runs, when a large number of users enter the market, it will become clear whether Theta can keep up the scaling and how strong the increase in new interested parties is. Although an innovative system has been created due to the complex structure, it has not yet been extensively tested over a longer period of time, which also leaves open the possibility of technical problems. Even so, staking theta at the right market time can actually be quite lucrative.
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