Theta, a blockchain that facilitates decentralized video streaming, lately up to date its mainnet, including a number of advantages. 

Theta’s mainnet now hosts good contract capabilities, as of a block top of 8,411,427, Theta Labs said in a weblog put up on Thursday. (At time of publication, Theta’s blockchain shows a top of 8,411,845, so the updates ought to be already reside.)

Theta is one undertaking nonetheless chugging alongside from the preliminary coin providing increase. The undertaking finished its ICO close to the top of the bubble in January 2018, elevating $20 million. Though many such ICOs from that period subsequently died, or confronted regulatory motion, Theta has progressed ahead.

Noting one other profit from the replace, the put up added: “The Guardian Node staking threshold is decreased to 1,000 THETA at block 8,411,427, for each new staking and including to extra stakes.”

Different additions embody a contemporary web site for data on the protocol, a revised block explorer yielding good contract knowledge, and the revealing of Theta-js Javascript SDK.

“This improve won’t require current token holders to take any motion or transfer any tokens — there isn’t any token swap of any form,” the put up clarified. The undertaking anticipates additional updates within the weeks forward, together with a Google Chrome extension for Theta wallets. 

Theta launched its mainnet earlier in 2020, posting a number of headlines within the crypto area this 12 months. Amid a 12 months stuffed with constructive value motion for the crypto area, Theta rose over 1,000% in value throughout the first half of 2020.