Theta released major project updates, including Mainnet source code and version 2.0 of our white paper.

Version 1.0 of live Mainnet launch set for March 15, 2019.

While the team has released the Theta Mainnet code to GitHub, they decided to delay the Mainnet launch for several key reasons:

Partnerships and initial work with Samsung VR, MBN, and CJ Group (plus a few others to announce soon) have led to early feedback that requires additional extensions to platform. What started out as a Tendermint-based blockchain with enhanced features built in for video delivery, developed into a new blockchain built from the ground up with the potential to expand beyond video into all forms of content and data delivery. Primary goal with these early partnerships is to learn what platforms want out of a decentralized content delivery network, and incorporating these changes will strengthen these existing partnerships and aid future Theta Network adoption.

Ensuring that major exchanges support token swap is important to the existing Theta tokenholders, and based on current workload/backlogs at exchanges it looked like only some exchanges would be ready to support the Theta token swap by end of year.

Code audit, security and scalability testing. As seen from GitHub update the team has finished constructing the Mainnet blockchain already, but now that they have major partners ready to push to Mainnet, they can’t afford to take chances with the stability and security of the Theta blockchain. They prefer to move back the Mainnet launch date and push stable, secure, and scalable code. There have been several mainnet launches in 2018 that were hampered by early failures, and the they’d like to avoid those mistakes.

A major upgrade after Mainnet launch will support guardians nodes; further details and timeline will be provided as the team gets closer to Mainnet launch.

Theta Network Twitter (on January 25th 2019):

Theta coming soon to a mobile device near you! An early behind-the-scenes look at the 1st mobile integration of Theta for one of our existing partners (in dev mode — this is not what the partner’s actual UI will look like).