livepeer

Livepeer is an open-source video infrastructure platform designed to revolutionize the way live and on-demand video streaming is delivered and consumed. Built on blockchain technology, Livepeer provides a decentralized network that empowers developers, content creators, and viewers to create and engage with video content in a more efficient, cost-effective, and autonomous manner. By leveraging the power of decentralized technology, Livepeer aims to eliminate the limitations and inefficiencies of traditional video streaming platforms. Decentralized Video Processing Livepeer utilizes a network of decentralized nodes to handle video encoding and streaming, reducing reliance on centralized servers. This decentralized approach not only enhances reliability but also lowers costs associated with video processing. By leveraging a decentralized network, Livepeer significantly reduces the costs of video streaming compared to traditional cloud providers. This affordability makes it accessible for developers and creators to build and scale their video applications without prohibitive expenses."