Hassan Maishera
The Theta team announced via Twitter on Tuesday that the Theta Metachain technical documentation and SDK are now available. This latest development allows developers to launch and develop on Theta subchains. Creating a subchain is permissionless, so anyone can launch a subchain without approval from Theta Labs. The Theta Metachain is an interconnected network of blockchains, a “chain of chains.” The goal is to allow permissionless horizontal scaling of the Theta blockchain network in order to achieve potentially unlimited transactional throughput and 1-2 seconds or even subsecond block finalization time.
Theta is a decentralized video delivery network powered by users, running on a dedicated blockchain (Theta Network). Its value proposition is to reduce the costs of content delivery networks by effectively creating a mesh network of shared content. THETA is currently trading at $1.193, up by more than 2% in the last 24 hours.
