Livepeer

About Livepeer

Livepeer (LPT) is a decentralized video streaming network protocol built on Ethereum. It enables broadcasters to stream live video without relying on centralized platforms, using a delegated proof-of-stake system to coordinate transcoding work across the network. Broadcasters pay fees in ETH, while node operators stake LPT to signal their participation and earn work proportionally. LPT functions as a staking and coordination token rather than a direct medium of exchange. The protocol targets the Web3 infrastructure stack, offering a scalable and economically efficient alternative to traditional video broadcasting solutions for developers and content creators.