About Livepeer

Founded in 2017, Livepeer is a protocol designed for decentralized video streaming. It utilizes a peer-to-peer infrastructure on the Ethereum blockchain to address challenges in the streaming industry, such as high costs associated with streaming and transcoding raw videos. The goal is to create a more scalable and affordable streaming solution by transforming broadcasters’ videos into suitable formats for viewers. Livepeer’s network operates with three main stakeholder groups: developers, users, and broadcasters. Developers build applications featuring live or on-demand video capabilities, powering video services for users who watch content like gaming, education, or entertainment. Broadcasters, such as streamers, use the platform to stream content while reducing infrastructure costs. The...