Livepeer

Livepeer is a decentralized video streaming protocol designed to provide a scalable and cost-effective alternative to traditional broadcasting. It leverages blockchain technology to enable users to contribute processing power and bandwidth, earning Ethereum in return. Livepeer Token (LPT) is used for staking within the network, helping to coordinate work and secure the ecosystem, while broadcasters use Ether (ETH) to transmit their content.

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