Theta.tv — Theta and Tfuel cryptos

Theta.tv. allows viewers and streamers to earn crypto tokens. It takes 10 minutes to see the earned amount in your wallet. It is that easy.

Let’s go over the structure they have real quick.

What is THETA and TFUEL?

General idea of the tokens can be found in the link below:

https://medium.com/theta-network/theta-fuel-the-operational-token-of-the-theta-network-2f6823e2182e

THETA Token is pretty much used to stake as a Validator or Guardian node to contribute to block production. This idea is similar to the miners (weed/pal miners) we see on steem-engine. The more you stake, the more you earn type of logic. The supply of this token is fixed at 1 billion.

On the other hand, TFUEL feeds the ones that make and watch streams in the network. It works as the “gas” of the THETA protocol. TFUEL is used mainly for microtransactions and THETA is for staking and securing the network.

How do you install a guardian node?

This article below explains how to install a node.

https://medium.com/theta-network/theta-pre-guardian-node-client-v1-released-b83657bd8cf2

You will need a Theta wallet to be able to use this guardian node. Opening one is pretty easy through this link. However, sending money to the wallet is a little tricky. I suggest using gate.io which allows you to make trades between ETH and TFUEL.

It made 100TFUEL/day which is like $0.45/day at the current price of TFUEL. Once everything is installed, running a node requires zero effort. It doesn’t slow your computer but it may slow down your internet. I may stake some THETA tokens to be able to see its effects in earning in the next couple of days.

Here is my referral link if anyone wants to use it:

https://www.theta.tv/invite/bxnuo

Thanks for reading!