About Livepeer (LPT)
Livepeer is a decentralized video streaming network built on the Ethereum blockchain and aims to decentralize live video broadcasts over the internet. Its Livepeer Media Server (LPMS) product offering is an open-source implementation of a media server that provides all of the features necessary for decentralized application (dApp) developers and existing broadcasters to build live video functionality into their applications.
LPT is an ERC-20 token and serves as the protocol token on the Livepeer network. Participants who want to perform validation work on the Livepeer network must stake LPT.
LPT can be stored in a crypto wallet and custodian like Gemini.
Livepeer technical documentation
Learn more about Livepeer on Cryptopedia:
Livepeer (LPT): Decentralized Video Transcoding for Streaming and Broadcasting
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