Livepeer token (LPT) is an ERC-20 token used by the Livepeer protocol \u2014 a network for decentralized video streaming built on the Ethereum blockchain. It aims to improve video quality and make streaming services more available to developers.Live streaming takes up a huge chunk of the Internet\u2019s bandwidth. The streaming videos have to be transcoded \u2014 to optimize them for different devices and internet capabilities. This process, however, is very expensive, which makes it inaccessible for small video-focused startups. Livepeer solves this issue by providing developers with a platform they can use to add streaming capabilities to their projects. This platform\u2019s underlying infrastructure is p2p, which helps lower the costs while simultaneously increasing streaming reliability.Some nodes participate in the transcoding process by contributing some of their computing resources to the network, called orchestrators. The right to become an orchestrator is granted by holding Livepeer tokens. Another type of node, called Delegator, stakes its tokens toward an orchestrator but doesn\u2019t do the work itself. Both orchestrators and Delegators get rewards for their participation. Developers and end-users, for their part, utilize their tokens as a means of payment for the network\u2019s services. Any token holder can also participate in the voting process.Soon after the trading started in 2019, Livepeer token price rose to $7-$8 and stayed at that level until autumn the same year. Then it went down to $2-$3, and until the end of 2020, the Livepeer price chart was uneventful. The price first started its rise towards the previous level in January 2021 after the announcement of Grayscale investments\u2019 support for the project, further fueled by its confirmation in March; by early April, Livepeer had broken the $40 barrier. Some high-profile listings certainly helped, sending the price to an all-time high of $45.22 on May 11. However, Livepeer turned out\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Livepeer token (LPT) is an ERC-20 token used by the Livepeer protocol \u2014 a network for decentralized video streaming built on the Ethereum blockchain. It aims [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/5005"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=5005"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/5005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=5005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=5005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=5005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}