What is Livepeer (LPT)?
Livepeer (LPT) is a decentralized, blockchain-based video streaming network built on Ethereum that provides a secure platform for live video broadcast.
Livepeer Token (LPT) – The Livepeer network is powered by its protocol token $LPT. Used for staking, governance and as a unit of account inside the ecosystem.
Decentralized Multicasting – Livepeer allows users to connect directly with their audience without censorship by decentralizing one-to-many live video broadcast (multicast).
Livepeer Protocol – The Livepeer protocol allows any node on the network to send & request videos, and allows participants to contribute processing power for compensation.
Livepeer Media Server (LPMS) – The Livepeer Media Server is open source, and able to transcode various video formats into alternate encodings to reach every device on every platform.
Livepeer Use Cases – There are many use cases for applications on Livepeer, such as pay-as-you-go content consumption, auto-scaling social video services, uncensorable live journalism, and video-enabled DApps.
WEBSITE: https://livepeer.org/
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