Theta Labs is transferring ahead with its imaginative and prescient of democratizing content material supply with the beta launch of its decentrali
Theta Labs is transferring ahead with its imaginative and prescient of democratizing content material supply with the beta launch of its decentralized video streaming platform.
Introduced Thursday, the Theta Edgecast platform goals to reward its customers whereas decreasing price of video content material supply through the use of a distributed community.
Edgecast is a decentralized software (dapp) constructed on Theta’s peer-to-peer video blockchain know-how, powered by the Theta Edge Community. In response to the announcement, the community at present consists of over 2,000 nodes worldwide.
Constructing a decentralized video platform has been the agency’s core purpose since 2017, mentioned Theta Labs CEO Mitch Liu. “Our core thesis was to construct a completely decentralized video infrastructure that may drive extra profit to every key stakeholder within the video streaming worth chain.”
The dapp permits for the seize of video, transcoding it in real-time earlier than caching and relaying that content material to customers globally. The community can be answerable for powering the agency’s esports streaming platform Theta.television.
“In contrast to different video platforms this implies Edgecast doesn’t function a single centralized server or service,” mentioned Liu. “This can be a large accomplishment and an enormous problem.”
As a part of the launch, The World Poker Tour will provide around the clock content material on Theta Edgecast, that means customers can watch video games instantly from the platform.
In Could of this 12 months, Google linked up with Theta Labs to help the video supply community by onboarding customers by Google Cloud. The tech large additionally supplied assist to Theta with its mainnet 2.zero launch.