Hassan Maishera
The Theta Network team announced via Twitter on Saturday that its mainnet 4.0 called Theta Metachain will go live in the fourth quarter of the year. The team added that Theta Metachain is expected to scale the needs of Web3 businesses, attaching a link to the whitepaper to the tweet.
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 $3.276, down by more than 4% in the last 24 hours.
