Livepeer $LPT

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<img src="https://crypto-logo.com/api/logo/livepeer-lpt.png?w=128&h=128" alt="Livepeer (LPT) Logo" width="128" height="128">

![Livepeer (LPT) Logo](https://crypto-logo.com/api/logo/livepeer-lpt.png?w=128&h=128)

<img src="https://crypto-logo.com/api/logo/livepeer-lpt.png?w=128&h=128" alt="Livepeer (LPT) Logo" width={128} height={128} />

<img :src="`https://crypto-logo.com/api/logo/livepeer-lpt.png?w=128&h=128`" alt="Livepeer (LPT) Logo" :width="128" :height="128" />

[img]https://crypto-logo.com/api/logo/livepeer-lpt.png?w=128&h=128[/img]

https://crypto-logo.com/api/logo/livepeer-lpt.png?w=128&h=128

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About Livepeer

Livepeer is a blockchain-based protocol that decentralizes video transcoding and streaming infrastructure, allowing users to contribute computing resources to the network and earn LPT tokens in return. The platform addresses the high costs and inefficiencies of traditional video processing by leveraging a distributed network of nodes called "transcoders" that perform video encoding work. What makes Livepeer unique is its focus on making video streaming more accessible and affordable through economic incentives and a proof-of-stake consensus mechanism that rewards participants for securing the network and performing quality transcoding services.