This article was first published on Stories by Theta Labs on Medium
Introducing Theta Edgecast: The world’s first decentralized streaming DApp for end-to-end live streaming, transcoding, caching and video delivery
Since the Theta network whitepaper was released in late 2017, our core thesis was to build a fully decentralized video infrastructure that would drive benefit to each key stakeholder in the video streaming value chain:
- End-users should be rewarded for sharing their excess bandwidth to relay video to others in the community
- Content creators should earn more for creating original content and free to choose whichever platform they like
- Video platforms should be able to lower CDN costs from using Theta’s peer-to-peer infrastructure, increase user engagement and ultimately revenues
To bring this vision to market, we believe that content creators and consumers should have the choice to use whichever video platform they feel they benefit the most from. This includes all existing advertiser-supported platforms such as YouTube, Twitch etc, subscription-based services such as Netflix, Hulu, Amazon Prime, Disney+ and many others, as well as new decentralized video platforms which are built from the ground-up on distributed computing and ledger technology.
We’re excited to introduce Theta Edgecast, the first fully decentralized video streaming DApp that is 100% built on Theta’s native blockchain technology with smart contracts. This technology stack includes the ability to capture video, transcode it in real-time, cache and relay to users globally all through Theta’s peer-to-peer edge network composed of over 2000 edge nodes today. This means not a central server or service is used. This is a huge accomplishment and a huge challenge — we hope this open Beta will give you an opportunity to try it and provide us with valuable feedback.
Theta Edgecast is available in a completely-redesigned Edge Node application, which now features the ability to broadcast streams on Edgecast or view other users Edgecast streams, as well as earn TFUEL ...
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Stories by Theta Labs on Medium