Hey guys FreeBTCTap team’s will start picking out considerable potential Blockchain projects for 2021 this seminar will not be based off the initial Altcoins market cap, but will be based on the innovative of what the Blockchain project can provide to the world that can support us in the future.
Theta’s innovation is about to disrupt today’s online video industry kinda like the same way that the YouTube platform did to traditional video back in 2005. One of our biggest challenges had been the high costs of delivering video to varied parts of the world , and this problem is merely getting bigger with HD, 4K and better quality video streams,” said Steve Chen, Co-Founder of YouTube.
“I’m excited to be a part of subsequent evolution of the streaming space, helping Theta create a decentralized peer-to-peer network which will offer improved video delivery at lower costs.
DeFi gives everyone in the world access to an essentially unlimited number of financial products and services. These opportunities, which range from simple savings products to complex trading platforms, are nearly frictionless, in the sense that they require very little infrastructure.
The Orchid network enables a decentralized virtual private network (VPN), allowing users to shop for bandwidth from a worldwide pool of service providers.
To do this, Orchid uses an ERC-20 utility token called OXT, a new VPN protocol for token-incentivized bandwidth proxying, and smart-contracts with algorithmic advertising and payment functions. Orchid's users hook up with bandwidth sellers employing a provider directory, and that they pay using probabilistic nanopayments so Ethereum transaction fees on packets are acceptably low.
The bandwidth marketplace is peer-to-peer and run in a completely decentralized manner without reliance on any central party. The primary reasons for this new digital currency OXT are:
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