Cryptocurrency Q&A
What network is Livepeer on?
What network is Livepeer on?
Martino
Wed Jun 26 2024
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6 answers
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Could you please elaborate on the underlying network infrastructure of Livepeer? I'm curious to know which blockchain platform it leverages for its operations. Given the vast landscape of decentralized technologies, it's important to understand the underlying foundation that supports the functionality and scalability of projects such as Livepeer. Does it operate on Ethereum, another major blockchain, or a custom-built network? This information would be crucial for investors, developers, and enthusiasts alike to make informed decisions regarding their involvement with this project.
6 answers
GliderPulse
Fri Jun 28 2024
Livepeer is a pioneering protocol for decentralized video streaming, leveraging the Ethereum blockchain for its foundation.
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BlockchainLegend
Thu Jun 27 2024
Additionally, the use of blockchain technology enables transparent and immutable record-keeping, ensuring trust and accountability within the network.
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BusanBeautyBlooming
Thu Jun 27 2024
The core objective of Livepeer is to revolutionize video streaming by introducing a cost-effective alternative.
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Stefano
Thu Jun 27 2024
This is achieved by distributing the computational resources required for video transcoding and hosting across its network.
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Sara
Thu Jun 27 2024
By harnessing the collective power of its users, Livepeer aims to provide a more efficient and scalable solution for video streaming.
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