$THETA

🚨 Theta Network 🚨

The Theta Network uses an open-source protocol created primarily to decentralise streaming services. The unique architecture of the Theta Network blockchain allows it to build decentralised app layers that serve specific functions such as peer-to-peer streaming, live sports broadcasts, education, conferencing, television and movies, and more.

Theta utilises a modified proof of stake (PoS) consensus mechanism known as multi-level Byzantine fault tolerance (BFT). There are two cryptocurrencies on the Theta network: THETA, which governs the network by validating transactions, and the TFUEL token, which is used to power microtransactions and operations.

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