Theta Fuel Crypto Price Prediction, Value and Chart (TFUEL)

Theta Fuel (TFUEL) Frequently Asked Questions

What is Theta Fuel?

The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. First, tokens on the Theta blockchain are used as an incentive to encourage individual users to share their redundant computing and bandwidth resources as caching or relay nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional content delivery pipelines, especially for high-resolution high bitrate 4k, and 8k. Second, with sufficient network density, the majority of viewers will pull streams from peering caching nodes, allowing video platforms to significantly reduce content delivery network (CDN) costs. More importantly, by introducing tokens as an end-user incentive mechanism the Theta Network allows video platforms to deepen viewer engagement, drive incremental revenues (Description provided by CryptoCompare)

How do I buy Theta Fuel?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Theta Fuel.

Where can I get Theta Fuel wallet?

Theta Fuel produces its own wallet software that is available for download on its website, which allows you to store Theta Fuel on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Theta Fuel?

One Theta Fuel (TFUEL) is currently worth $0.05 on major cryptocurrency exchanges. You can also exchange one Theta Fuel for 0.00000257 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Theta Fuel in U.S. dollars is $287.52 million.

How do I mine Theta Fuel?

Theta Fuel is a proof-of-stake (PoS) currency, which means that blocks on the Theta Fuel blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.

What is the Reddit page for Theta Fuel?

The official Reddit community (subreddit) for Theta Fuel is r/theta_network.