Livepeer
Video
What is Livepeer?
Livepeer is a decentralized video infrastructure network and protocol built on the Ethereum blockchain. It offers a cost-effective and reliable solution for developers seeking to integrate live or on-demand video into their applications. The network leverages a peer-to-peer infrastructure and a marketplace secured by the Ethereum blockchain to distribute the computing power required for video transcoding.
Key Features of Livepeer
-
Decentralized Video Infrastructure: Livepeer provides a decentralized infrastructure network for video processing, reducing costs and increasing reliability.
-
Livepeer Token (LPT): The native token of the Livepeer network, serving as a coordination and incentive mechanism to maintain network reliability and security.
Benefits for Developers and Users
-
Cost-Effective Video Streaming: Developers can significantly reduce costs associated with video streaming by utilizing Livepeer's decentralized infrastructure.
-
High-Quality Streaming Services: Users benefit from more affordable and high-quality video streaming services powered by Livepeer.
