What is THETA coin?

THETA is the cryptocurrency powering the Theta Network and it can be staked by those wishing to become Validator or Guardian nodes. THETA allows nodes to validate transactions, produce blocks, vote on changes to the network and earn TFUEL as a reward.

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Who uses Theta coin?

Major companies like Sony and Creative Artists Agency are also backing Theta, as well as several venture capital firms. There are two types of tokens utilized on the Theta Network. The first is called TFUEL, which is how Theta pays people for extending their computer’s bandwidth into the network.16 May 2021

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How does Theta wallet work?

One you reach the Theta Wallet site, take your device offline / put it in airplane mode, then click “Create Wallet”. Next you will download an encrypted keystore file and create a wallet password. This encrypted keystore file on your computer will be used to unlock your wallet any time you want to access it.

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What is THETA and THETA Fuel?

Theta Fuel (TFUEL) is second one of the two native tokens on the Theta blockchain . TFUEL different than Theta Token (THETA), so these two should not be mistaken with each other, as TFUEL is the governance token of the Theta blockchain which supported by thousands of community-run Guardian nodes.

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What is the THETA Fuel?

Theta Fuel is the second token (gas token) of the Theta Network . Theta Fuel is a native token on the Theta blockchain. TFUEL powers on-chain operations like payments to relayers for sharing a video stream, or for deploying or interacting with smart contracts.

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