Theta Network is a trailblazing project in the blockchain and video streaming industries, seeking to address critical issues faced by the latter. Launched through an ERC20 token on the SLIVER.tv platform, Theta's MAINnet went live in March 2019, creating a Decentralised network for video streaming that incentivises sharing of bandwidth and resources by users. Its innovative multi-level BFT consensus mechanism enables thousands of nodes to participate in the consensus process, providing high transaction throughput and a multiple-tier security system. Additionally, Theta incorporates features such as Aggregated Signature Gossip Scheme and Resource Oriented Micropayment Pool, enhancing scalability and network efficiency.