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What can you do with Livepeer?
Store/Hold Livepeer
Many users hold on to their Livepeer with the expectation of it increasing in value. You can store your LPT safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Livepeer
You can trade Livepeer for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Livepeer trading to meet your needs.
Send Livepeer
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Livepeer online and send to anyone and anywhere with their Livepeer address.
Spend Livepeer
You can also buy goods and services with your Livepeer. More and more vendors and retailers accept Livepeer every day.
Donate Livepeer
Bitget Charity accepts Livepeer donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Livepeer so no one misses out on the growth made possible by blockchain.
Learn More About Livepeer
You can read more in-depth articles on Livepeer from Bitget Research and study how cryptocurrencies like Livepeer work on Bitget Academy
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What is Livepeer (LPT)?
Livepeer is a project created in 2017 that aims to decentralize live video broadcast over the internet by using open source software, underutilized resources, and crypto incentives.This project incentivizes users to contribute computation and bandwidth towards live video broadcast, and the cost to the broadcaster to use the Livepeer network could be cheaper than any centralized solution.
How Livepeer (LPT) Works
Livepeer uses a two-layer consensus system. The first layer is the underlying blockchain, such as Ethereum, which secures the LPT ledger and transactions. The second layer of consensus governs the distribution of newly generated LPT. It is based on Delegated Proof of Stake (DPOS). Transcoders play the role of validators in the network. Any user can delegate their stake towards a transcoder, who plays a critical role in the network and is responsible for converting input streams into different formats for low latency distribution. The protocol ensures that transcoders behave honestly and provides incentives for delegators to choose reliable transcoders.
How Many Livepeer (LPT) Tokens Are in Circulation?
LPT does not have a total supply. Its circulating supply is 27,458,449.
How to Buy Livepeer (LPT)
Consider investing in Livepeer (LPT)? It only takes 2 minutes to create an account on Bitget and start trading LPT.
Check out the available LPT trading pairs on Bitget!
Spot market
Livepeer (LPT) Resources
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