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    Cryptocurrencies Theta Fuel
    EUR
    $0.0469072 $ 0.0469072
    +¥5204,24 -3.3% 1D
    1D 1M 1Y ALL
    Updated:
    LOADING DATA
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    Market Cap (USD)
    278.67M
    24H Volume
    6.78M
    Circulating Supply
    5.94B TFUEL
    Max Supply
    --
    All Time High
    0.68159
    Rank
    116

    About

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    • About Theta Fuel (TFUEL)

      Theta Network is the next generation blockchain focusing on media and entertainment. Theta infrastructure enables existing video and media platforms to increase revenue and reduce CDN costs for content delivery, while rewarding end users to share their storage and / or bandwidth on any PC, mobile, smart TV, or IOT device.

      Theta supports Turing's complete smart contract and is fully compatible with Ethereum. This makes it possible to build a variety of interesting Web3 applications on the Theta network. Examples include non-fungible tokens (NFT), decentralized exchanges (DEX/DeFi) and decentralized autonomous organizations (DAO), which may become an integral part of the next generation of media and entertainment platforms.


      How does Theta Fuel (TFUEL) Work?

      Theta relies on three main functions:

      Multi-layer BFT: an improved BFT consensus mechanism that allows thousands of nodes to participate in the consensus process, while still supporting the speed of more than 1000+ TPS.

      Aggregate Gossip Scheme signature scheme: This is a system that relies on a group of guard nodes to partially aggregate neighboring signatures to maintain signatures, and then scatter them from the aggregated signatures. Through this system, it allows the signature sharing of each node to reach other nodes at an exponential rate while maintaining a small communication overhead.

      Resource-oriented micropayment pool: built for video streaming, it enables users to benefit from the off-chain micropayment pool.

      Its crypto economics is based on the dual token model of THETA and TFUEL:

      THETA is the governance token of Theta protocol: it is used to stake as a validator or guardian node to generate blocks and participate in the management of the protocol.

      TFUEL is the operational token of Theta protocol: it is used by users to complete transactions (for example, the relay node provides video streams to third parties, and deploys / interacts with smart contracts). Each video stream relayed by other users on the network will obtain TFUEL.


      What is Theta Fuel (TFUEL) ?

      Theta Network is a "dual network", which consists of two complementary subsystems, Theta Blockchain and Theta Edge Network. Theta blockchain provides payment, reward and smart contract functions, while the edge network is responsible for the storage and delivery of media assets such as images and videos. Theta is the underlying blockchain and decentralized storage / delivery infrastructure, providing power for the next generation Web3 video streaming and media entertainment platform.


      Theta Fuel (TFUEL) Crypto Wallet

      In addition to placing TFUEL in the Gate.io exchange to facilitate trading, TFUEL can also be placed in the crypto wallet.

      Theta wallet is now available in the Google Play store for any Android enabled device and the Apple App Store for IOS.

      When you first start the Theta wallet, you will be asked to set up a mnemonic phrase to protect your wallet. This will also be used as a key to restore the Theta wallet in case you lose your device or need to transfer the Theta wallet to a new device. This function allows you to effectively save Theta tokens in cold storage. After storing your token in the Theta wallet and 100% ensuring that you have safely recorded your mnemonic phrase, you do not need to install the Theta wallet. As long as you maintain access to the mnemonic phrase, you can reinstall the wallet on any supported device at any time, and your tokens will be securely stored in the same Theta address where you stored them.
      Expand
    • Theta Fuel Market

      Currency Price 24H Change Action
      Theta Fuel
      TFUEL /USDT
      3X Margin
      $0.0469072 -3.3% Trade
      Theta Fuel
      TFUEL /USDT
      Futures
      $0.04616 +0.63% Trade
      Theta Fuel
      TFUEL /USDT
      Spot
      $0.0469072 -3.3% Trade

    Theta Fuel FAQs

    • 1. What determines the price of Theta Fuel?
      There are two schools of thought in determining the price of Theta Fuel.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Theta Fuel, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Theta Fuel from a long term perspective.

      By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Theta Fuel on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Theta Fuel as well.

      HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Theta Fuel and the cryptocurrency market as a whole.
    • 2. What is the highest price of Theta Fuel in history?
      Theta Fuel achieved the all-time high of €0.65 in 2021-06-09, and is currently trading at €0.045.
    • 3. What is the lowest price of Theta Fuel in history?
      In 2020-03-13, Theta Fuel reached the all-time low of €0.00086.
    • 4. Should I buy Theta Fuel now?
      It is important to remember that Theta Fuel, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

    Theta Fuel Calculator

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    Theta Fuel TFUEL
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    EUR
    1 TFUEL≈ $ 0.044600476053
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