Bytz (BYTZ)

BYTZ is a blockchain-based entertainment utility protocol powered by a cryptographically secure multilayered network. Decentralized delivery yields low-cost, high-speed, high-definition media access globally. Consumers will be able to spend BYTZ cryptocurrency (BYTZ) on some of the best entertainment the world has to offer. Tickets will be forgery resistant, virtually eliminating fraud. Service providers holding BYTZ can earn even more by storing and delivering content. Together with this use case BYTZ also features fast and private transactions with low transaction fees and a low environmental footprint. It utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. BYTZ is the cryptocurrency for the entertainment industry, with an emphasis on gaming and streaming.