Tuesday, October 26, 2021
Home Crypto News Market Smart Contract Capabilities Added To The Theta Core Network

Smart Contract Capabilities Added To The Theta Core Network

- Advertisement -

The Developers of the streaming platform on the Theta blockchain have updated the project’s network and added the ability to deploy smart contracts, among other improvements.

Theta is one of the projects that is developing after the ICO. ICO sales of $20 million THETA token were completed in January 2018 to accredited investors.

According to Theta Labs, the project’s network now supports smart contract capabilities, starting with block 8,411,427. As part of the update, changes were also made to the staking process. The asset staking threshold has been lowered to 1,000 THETA, starting from block 8,411,427, for both new nodes and additional staking of existing nodes.

Other changes include an updated website with Protocol information, an updated block Explorer that provides smart contract data, and the Theta-js Javascript SDK developer kit.

This update will not require existing token holders to take any actions or move tokens. No token replacement is taking place.

Other significant improvements include the Google Chrome extension for Theta wallets. In May 2020, Theta announced the launch of an updated version of the Theta 2.0 network and collaborated with Google.

- Advertisement -
Jakkkhttps://thecryptobasic.com/
Owner of TheCryptoBasic. Involved in cryptocurrencies for more than five years, Love to trade and write on cryptocurrencies. My primary aim is to provide genuine information to cryptocurrency readers because crypto is filled with frauds and scams. Accurate information is scarce to get. So We at TheCryptoBasic will be providing accurate information about cryptocurrencies topics that users can trust.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Good Games Guild Announces Triple IDO on Seedify, Ignition, MoonStarter

Jakarta, Indonesia, 24th October, 2021, Good Games Guild, a gaming hub that aims to create the largest virtual world economy by optimizing its owned...

YearnNFT Finance: An Advanced Approach to NFTs with Digital Art and Collectibles

Since August, the market sales with respect to NFTs have skyrocketed, where a single NFT sales round up to millions worth. There have been...

The Bank Of Israel Aims To Launch Its CBDC On Ethereum

For now, central banks around the world are still working on developing and testing their own CBDCs, but there are new ones that are...

Russian Central Bank Head Says Russia Is Not Ready To Launch Crypto ETFs

The head of the Bank of Russia, Elvira Nabiullina gave a negative answer to the question about the possibility of trading cryptocurrency ETFs in...

Spanish Banks Anxiously Waiting For Central Bank Approval To Work With Cryptocurrencies

Spanish banks are interested in providing cryptocurrency services directly to clients and expect the Spanish Central Bank will bring regulatory clarity for crypto.

Reddit Intend To Bring Its Non Fungible Token (NFT) Platform

Reddit is looking to hire people for what could become a new platform for non-fungible tokens (NFTs) and digital goods. ...

Second Bitcoin ETF, Valkyrie Bitcoin Strategy ETF (BTF) Started Trading On Nasdaq

On the Nasdaq Stock Exchange under the ticker BTF, a Bitcoin futures ETF from Valkyrie Investments began trading at a price of $25.5.

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.