The Theta wallet has been released with support for the Android OS. The Theta wallet is available now in the Google Play Store for any Android-enabled device (download link here). The Apple iOS version of the Theta wallet has also been submitted to the Apple Store, and should be released shortly pending Apple’s application approval process.

The Theta wallet can securely store the following assets:

Theta Tokens on the upcoming Theta Mainnet Theta Fuel, the operational tokens of the Theta blockchain Ethereum and ERC20 Theta Tokens

Because the Theta wallet can support both the existing ERC20 Theta Token as well as all tokens on the Theta Mainnet, it’s the ideal program to handle the upcoming mainnet token swap and Theta Fuel distribution. The procedure to swap your existing tokens is simple:

Download the Theta wallet Follow the in-app instructions to set up your wallet and record your mnemonic phrase Transfer your ERC20 Theta Tokens to the Theta wallet (make sure to send a small test transaction first!)

On March 15th, after the genesis block of the Theta blockchain is produced, you’ll see all of your ERC20 tokens converted to Theta Mainnet tokens. Additionally, you’ll see that your address contains 5 Theta Fuel for each Theta Token you hold. Your address, token balances, and any transactions will be verifiable in real-time on the Theta Mainnet block explorer.

The team is working with the exchanges that currently list Theta as well as major hardware wallets like Ledger/Trezor to support the Theta Mainnet and token swap, including Theta and Theta Fuel tokens. However, those integrations are not totally within their control, and the team can’t guarantee they will be ready in time for the mainnet swap. To prepare for the swap, they recommend that all users withdraw Theta Tokens from exchanges and other wallets into the Theta wallet by March 10th to be safe. If you have not transferred your tokens to the Theta wallet before the mainnet launch happens, they can’t guarantee an immediate swap to the new Theta blockchain. Understandably, Theta team will be focused on making sure the first days of the Theta blockchain are running smoothly, and it may be some time before they have the resources to address individual cases of manually restoring Theta Tokens to the new blockchain.

The team understands security is a top priority for the wallet, which is why they’ve initially chosen to restrict versions of the Theta wallet to Android and iOS. Since these are well-defined operating systems with predictable execution environments, they can better prevent edge cases that could expose the wallet to malicious actors.

Theta team shares part of their longer-term vision for the Theta Network.

While video delivery is the first target market of the Theta Network and their focus for first adopters, the Theta protocol can be generalized for any type of data delivery with a profile that lends itself to peer-to-peer sharing. Video game patches, OS updates, geo-location games that feature interaction with nearby users — any application that reaches concurrent users in close proximity can benefit from data being relayed on the Theta mesh network. Combined with the proliferation of powerful phones, tablets, and other smart devices, this will create robust decentralized edge networks that are transformative to data delivery. This won’t fully replace the centralized cloud; rather it will be a complement that can provide low-latency processing and content delivery for applications that require it. The rollout of consumer 5G networks in 2019 and 2020 will only accelerate this trend.

Public blockchains are also key to the development of these edge networks. The billions of devices interacting on the edge will not be part of a single network of a trusted devices, so there must be a way for them communicate securely and without pre-existing trust (i.e., a private network won’t cut it). The devices of these edge networks will also need a way to transact with each other, even if it’s in very small amounts (think of microtransactions as “tolls” for transferring data over these public networks). Transacting real value with non-trusted parties/devices again will necessitate a public blockchain. The answer is NOT for one company or government regulator to control the entire payment infrastructure of this IoT microtransaction economy — it must be public and transparent.

At Theta Labs, the team creating the first version of the content delivery and transactional layer of the coming edge networks. That will develop further as the Theta Network grows.

Twitter:

The first ever livestreamer on the Theta Network is live right now! Check out @TheDubpace live on @SLIVERtv360, where you can share his livestream over the Theta Network! https://www.sliver.tv/win/dubpace

Many more streamers coming to Theta-powered channels as the team gets ready for mainnet launch next month.