Livepeer is a scalable Platform as a Service for developers who want to add live or on-demand video to their project.
We are intimately familiar with the Livepeer Protocol; we developed and open-sourced one of the most heavily used bulk merkle miners and have been running several top five Livepeer nodes for over a year. We maintain a strong connection to a reliable Geth node for consistent interaction with the protocol.
Visit the Livepeer page on our website to learn more about getting started with Livepeer.
Types of Livepeer Nodes
Livepeer has three roles for their nodes: Broadcasters, Orchestrators, and Transcoders.
Your node serves the role of an Orchestrator, negotiating work with Broadcasters and coordinating the execution of this work amongst a potentially large pool of Transcoders. By running a node, you will be participating in the transcoding process, taking an input video in one format and bitrate and converting it into many formats and bitrates, in order to make it playable on the majority of devices on the planet at any connection speed.
Transcoding nodes are delegated towards and elected to perform this role, and they are rewarded with the ability to earn fees from the protocol. Performing this work requires high bandwidth connections, sufficient hardware, and reliable DevOps practices. For successfully performing their work, they earn inflationary rewards in the form of LPT and fees in the form of ETH.