The Theta Network team introduced the first version of its Theta EdgeStore over the weekend. According to its tweet, the Theta EdgeStore is a decentralized storage protocol that will later this year be integrated into Theta Edge Nodes. The team has released the Alpha Preview Release along with several demos.
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 $3.088, up by more than 3% in the last 24 hours.