$LPT
Here's what you need to know about Livepeer:
Decentralized Video Streaming:
Livepeer aims to provide a decentralized, blockchain-based alternative to centralized broadcasting solutions for video streaming.
Ethereum-based:
It is built on the Ethereum blockchain, leveraging its infrastructure for secure and transparent operations.
Cost-Effective and Scalable:
Livepeer seeks to offer a more economically efficient and scalable solution for video processing and streaming compared to traditional methods.
LPT Token:
The network utilizes its native token, LPT (Livepeer Token), for various functions like network security, incentivizing participation, and facilitating video encoding and distribution.
