Livepeer (LPT) Explained in 6 Easy Steps

Livepeer (LPT) is a decentralized video streaming and content sharing platform. The native token of the platform is called LPT.

1.When was it founded and by whom?

Livepeer was created at Livepeer Inc., which was founded by Doug Petkanics and Eric Tang in 2016. It came into operation in 2017.

2.LPT’s infrastructure

LPT is an open-source protocol that is built on Ethereum blockchain. It features P2P video streaming and it can run on all DApp-based applications.

3.What does it offer to users?

As a blockchain-based video streaming platform, LPT provides video streamers with a free environment. With its feature providing automatic scaling of the contents, it aims to eliminate all current scalability issues.

4.Can LPT be mined?

LPT mining can be performed by a method called ‘video mining’ within the system.

5.All-time low, all-time high (ATH), and total supply

LPT’s all-time low price was $0.4206 on March 13th, 2020 while all-time high price was $100.24 on November 9th, 2021. Circulating supply of the cryptocurrency is 21,164,655 LPT and the total supply is 22,859,012 LPT.

6.How to trade LPT on Paribu?

By clicking on the link, you can instantly trade LPT.

Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.


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