description Livepeer Overview
Livepeer is a decentralized video streaming network that provides high-quality transcoding and delivery. It allows developers to build video applications (like Twitch or YouTube clones) without the massive costs of centralized infrastructure. By using a peer-to-peer model, Livepeer ensures that video content is processed and delivered efficiently across a global network of nodes.
help Livepeer FAQ
What is Livepeer used for?
Livepeer provides decentralized video transcoding and delivery infrastructure for developers building streaming applications. It is intended for products such as live video platforms rather than for viewers looking for a standalone streaming app.
What blockchain does Livepeer use?
Livepeer's current protocol contracts and staking activity operate on Arbitrum One. The network uses LPT for staking and delegation, while orchestrators perform transcoding and receive network payments.
What is an orchestrator in Livepeer?
An orchestrator is a network operator that supplies video transcoding or related compute and stakes LPT to participate. Delegators can assign stake to orchestrators, creating an incentive layer for network participation.
Is Livepeer a competitor to centralized video infrastructure?
Livepeer addresses a similar developer problem to services such as AWS Elemental MediaLive, Cloudflare Stream, and Mux, but uses a decentralized operator marketplace. The practical difference is that workloads can be distributed across independent orchestrators rather than handled by one cloud vendor.
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