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THETA Network Announces The Alpha Release Of Theta EdgeStore

Twitter icon  •  Published 1 year ago on January 20, 2023  •  Hassan Maishera

The Theta team announced the alpha release of its Theta EdgeStore via Twitter on Thursday.

THETA Network Announces The Alpha Release Of Theta EdgeStore

The Theta team announced the alpha release of its Theta EdgeStore via Twitter on Thursday. The team added that Theta EdgeStore, a new component of the Theta Edge Node software run by 10s of thousands of users around the globe, acts as an append-only, content-addressing, decentralized key/value storage network for the permanent web.

An EdgeStore node not only stores the permanent data shards assigned to it, but also caches the popular contents locally, Theta Network explained. 

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 $0.898, up by more than 2% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.