Last year in August 2020, Theta Labs announced its plan to unstake 30m THETA tokens (14% of its staked THETA at the time) to fund ecosystem growth, and to further the goal of decentralizing the protocol with a more diverse landscape of THETA stakers. Much has been accomplished in the year since then, Theta Mainnet 3.0 launched the Elite Edge Node network, a full smart contract platform, the ThetaDrop NFT platform among other milestones. During this time, Theta blockchain staking also reached all-time highs with 66% of all THETA tokens staked and 42% of all TFUEL staked as of today.
Today we are thrilled to announce $1 million in new Theta Hackathon prizes to incentivize ecosystem development on Theta blockchain. With one of the largest prize pools ever for a blockchain hackathon, Theta Hackathon is expected to dramatically increase community development and growth in the Theta ecosystem.
Theta’s vision for 2021 and beyond includes a growing ecosystem of Theta developers, dapps, and projects running on Theta blockchain. Recent upgrades to Theta blockchain have greatly expanded compatibility with Ethereum, allowing any Ethereum or ETH-compatible application to be ported over and run seamlessly on Theta blockchain with little to no changes. Theta…
Theta’s vision for 2021 and beyond includes vastly expanded compatibility with Ethereum, allowing any Ethereum or ETH-compatible application to be ported over and run seamlessly on Theta blockchain with little to no changes. Now with the successful implementation of Theta 3.1.0 this week, the protocol has taken major steps toward that vision. Theta blockchain is now compatible with the Ethereum RPC API suite, Metamask, smart contract development tools like Truffle, Hardhat, and Remix, and libraries such as Web3.js, and ethers.js.
You can find documentation for how to use these tools with Theta blockchain here. For specific docs:
Theta’s vision for 2021 and beyond includes vastly expanded compatibility with Ethereum, allowing any Ethereum or ETH-compatible application to be ported over and run seamlessly on Theta blockchain with little to no changes. This will include an Ethereum-compatible RPC API suite, smart contract development tools, Truffle Suite and Remix integration, and other components like Web3.js, Ether.js. Today we’ll walk through one of the first aspects of this initiative, as Theta blockhain is now accessible through the popular Metamask plug-in.
To access a Theta address through Metamask, first open Metamask in your web browser (if you don’t have Metamask, you can…
We’re excited to announce the Theta Ecosystem 2022 whitepaper! Read the latest on the Theta vision for media and entertainment, how decentralized video delivery and Edge Nodes work with ThetaDrop, and the introduction of the TDROP NFT Liquidity Mining token.
With Mainnet 3.0 successfully launched, more than 40% of TFUEL staked and over 8,000 Elite Edge Nodes, the Theta blockchain is reaching a complete implementation. …
The latest Theta protocol release version 3.1.0 has been released as a significant milestone for performance and usability improvement for the Theta blockchain. The new code will be available on Theta GitHub on July 25, 2021, with the hard fork to 3.1.0 occurring at block height 11354820 (approximately 12pm July 30, 2021 PT). There will be no token swap or wallet changes associated with this hard fork, so no need to move your Theta or TFuel tokens or take any action on your end.
Major changes in Theta 3.1.0 update include:
- More efficient block proposal protocol
Currently a validator block…
Theta Labs has just received patent application approval for USPTO Application Number 17/224,109 (“THETA-1005”): “Preventing denial-of-service attacks in decentralized edge networks using verifiable delay functions (VDFs)”. The invention featured in this patent introduces significantly improved protection against attacks for decentralized networks like Theta Network. This patent approval follows previous Theta patents issued for decentralized data streaming and delivery, ultra-high transaction throughput micropayments, methods and systems for peer node discovery, and decentralized DRM via NFTs, creating a portfolio of patents to further differentiate and protect the Theta technology and ecosystem.
Client-server and peer-to-peer blockchain networks may be vulnerable to denial-of-service (DoS)…
The day is finally here for Theta Mainnet 3.0! Theta blockchain will perform a hardfork at blockheight 10,968,061 (approximately 12pm Wednesday June 30, 2021 PT) to enable the Mainnet 3.0 upgrade. These updates are critical to incentivizing Edge Nodes and growing their numbers to 100k and beyond, making the Edge Network more useful to video platforms and other partners increasing adoption of Theta Network overall. Strengthening the network of Edge Nodes also enables additional new work types such as decentralized storage for NFTs, processing for applications operating on edge networks, and much more.
Theta Wallet has been upgraded to v3.0.1 for iOS, Android, desktop web, and Chrome extension versions. This new version adds the TFuel staking feature, allowing users to stake their TFuel tokens to their Theta Edge Node. For more information on the Edge Node and how to run your own, see the latest update or start with the Edge Node documentation.
Theta Mainnet 3.0 will go into effect at blockheight 10,968,061 (approximately 12pm-3pm PT Wednesday June 30, 2021). At that point, TFuel staking will begin on Theta blockchain. If you’re already running a Guardian Node and staking your Theta tokens, the…
The latest step toward Mainnet 3.0 is now released! Theta Mainnet 3.0 will go into effect at blockheight 10968061 (approximately 12pm-3pm PT Wednesday June 30, 2021).
Note: MacOS users should see their Edge Node updating already, with Windows users to follow in the next few hours. Also, Linux users — the long-awaited Linux Edge Node is scheduled for release in the next few weeks.
Theta Edge Node has been upgraded to v3.0.6 with several new features:
- TFUEL Staking will be enabled on the Edge Node on June 30 at approximately 12pm-3pm PT. By clicking Stake TFUEL on the left side…
