Livepeer - a video streaming platform, powered by the Ethereum blockchain. The platform is dedicated to user freedom and empowerment. Plus, there is no central company that controls the network. The project provides clients with the tools to create what they want.
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About Livepeer blockchain platform
Livepeer creates a platform for people who want to make or add video to their project, for example. In addition, developers strive to improve the reliability of video production workflows. To achieve this, a p2p tool has been created that interacts across a marketplace, protected by the Ethereum blockchain.
Types of users who use the site:
| Developers | Create apps, videos and more. |
| Users | These are the ones that stream video, games, entertainment, training courses,and other types of content. |
| Broadcasters | Have a large audience and can use this network to potentially reduce infrastructure costs. |
Firstly, Livepeer - a technology that allows you to stream video over the Internet and also enables anyone to create a video in their own application or website. Secondly, the platform is decentralized. There is no company, operating this network.
Therefore, all users are the owners of the network. Thirdly, customers who register on the platform can make money. You can pick up the reward at any time. The site does not have a separate White Paper and roadmap, but there is a whole section, dedicated to information about the project. It provides answers to any question, from resource assignment to step-by-step instructions for use. The project is aimed at working with video files, so there are no various bonuses, promotions and a referral system.
Why should you use this dapp?
The platform is open source. Therefore, anyone can contribute and build whatever they want. Plus, you can create and broadcast whatever you want. The site runs on Ethereum, which ensures the safety of all processes.
Other features:
- cheap to use;
- allows users, developers and broadcasters to manage their own experience and earnings;
- has a community of members who profit from doing the work.
In addition, all payments here are not made in US dollars or other currencies. It uses a token, called LPT. LPT has important applications for securing the Livepeer network. You can exchange these tokens for other cryptocurrencies, and ultimately for the local government currency. Despite all advantages, developers do not provide information about the presence of an audit of a smart contract. You can join the Twitter community to stay updated on the news. In addition, about 4500 people have already subscribed to the social network.