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On BNB Smart Chain, BNB is used to pay for transaction fees and to participate in the network's consensus mechanism. BNB is also used as a utility token that allows users to receive discounts on transaction fees when trading on the Binance centralized cryptocurrency exchange.
Theta Network (THETA) is a blockchain-based video streaming platform that aims to decentralize the video streaming industry. It uses a peer-to-peer network to distribute video content, which can potentially reduce costs and improve streaming quality.
**Key Points about Theta Network:**
* **Decentralized Video Streaming:** Theta leverages a decentralized network of users who share their bandwidth and computing resources to deliver video content. This eliminates the need for ce