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What is Livepeer?
Livepeer is a video infrastructure protocol built on Ethereum. Livepeer was founded by Doug Petkanics & Eric Tangand and launched in 2017.How does Livepeer work?
Video miners (a.k.a orchestrators) perform transcoding work through the protocol and receive fees from users (a.k.a broadcasters) who assign tasks to them in return for an agreed upon fee (supply-side fees).Who governs Livepeer?
LPT holders own and govern the protocol. They do not currently take a cut of the total fees paid by broadcasters (revenue). Livepeer’s investors include Northzone, Digital Currency Group, Collaborative Fund, etc.Related posts
Livepeer – A decentralized video streaming network on Ethereum
Adam Soffer, Product Engineering Lead at Livepeer, joined us for an episode of 15-minute fundamentals to dive into the details behind the charts available on Token Terminal. Livepeer is a decentralized video streaming network built on the Ethereum blockchain.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.