Decentralized Video Streaming: A Look at Livepeer's Developments

Livepeer is a video streaming network built on the Ethereum blockchain. It aims to disrupt the video streaming industry by decentralizing the provision of infrastructure software and significantly lowering the costs of video streaming compared to centralized cloud providers in the existing market. Its native network token is LPT, an ERC-20 token used for staking by network participants and rewards distribution.

An earlier research piece has covered the potential of Livepeer as part of the decentralized compute stack. This piece will focus on the network’s recent developments, growth trajectory and future roadmap.