Theta Token Tfuel Mainnet 3.0 HYPE Explained! What Should You Pay Attention to!?
Theta token mainnet 3.0 launch is coming in 20 days! But many people don’t understand what the HYPE is all about. Why Theta token and Tfuel are going to be worth so much more after this thing go live.
Theta token protocol has 3 set of nodes, validator nodes which are responsible for the speed of the transactions, guardian nodes which are responsible for the security of the network and edge nodes which are responsible for collecting excess bandwidth from users.
Until now there was no incentive whatsoever for people to run edge nodes other than wanting to support the network, but for the theta token to have hundreds of thousands if not millions of edge nodes, they aft to provide some kind of incentive for people to share their precious bandwidth, and that is exactly what Elite edge nodes and 4% additional tfuel inflation is all about.
On July 1st people will be able to stake their TFUEL 10K minimum and in return, they will make at least 30% APY at the beginning just for sharing their excess bandwidth, and like guardian nodes shared pools will be available as well.
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00:00 Mainnet 3.0 HYPE
01:19 Validator, Guardian, Edge Nodes explained
06:02 2 Major Changes
08:03 Theta Credibility
10:36 Business Model
by Alienlike
simple network management protocol
