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livepeer  (LPT)

Livepeer (LPT)

$4.07 -1.1%
0.00008296 BTC -11.8%
0.00263508 ETH -14.0%
2,325 people like this
Market Cap
24 Hour Trading Vol
24h Low / 24h High
$4.00 / $4.32
Circulating Supply
23,263,144 / 23,263,144
Fully Diluted Valuation
Max Supply

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Livepeer Price and Market Stats

LPT Price $4.07
Market Cap $93,909,190
Market Cap Dominance 0.01%
Trading Volume $1,339,948
Volume / Market Cap 0.0131
24h Low / 24h High $4.00 / $4.32
7d Low / 7d High $3.29 / $4.43
Market Cap Rank #250
All-Time High $11.22 -63.8%
Dec 20, 2018 (about 2 years)
All-Time Low $0.354051 1047.0%
Oct 26, 2019 (over 1 year)
Affiliate disclosures
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Traded Trust Score
1 LPT/ETH Info 0x58b6a8a3302369daec383334672404ee733ab239
0.0026046355519438 ETH
0.6% $8,389 $8,364
20924.743 0X58B
6.26% Recently
4.044 USDT
0.17% $3,882 $3,994
106538.716 LPT
32.28% Recently
0.002621 ETH
0.18% $425 $2,396
16013.786 LPT
4.83% Recently
4 LPT/ETH Info 0x58b6a8a3302369daec383334672404ee733ab239
0.002609623976276 ETH
0.61% $2,060 $2,054
14220.456 0X58B
4.29% Recently
4.11 USDT
1.37% $81 $708
37734.440 LPT
11.62% Recently
Show More
Anomaly BTC/USD Stale

About Livepeer Coin

Livepeer price today is $4.07 with a 24-hour trading volume of $1,339,948. LPT price is down -1.1% in the last 24 hours. It has a circulating supply of 23 Million LPT coins and a max supply of 23.3 Million. Balancer is the current most active market trading it.

The Livepeer project aims to deliver a live video streaming network protocol that is fully decentralized, highly scalable, crypto token incentivized, and results in a solution which can serve as the live media layer in the decentralized development (web3) stack. In addition, Livepeer is meant to provide an economically efficient alternative to centralized broadcasting solutions for any existing broadcaster. In this document we describe the Livepeer Protocol - a delegated stake based protocol for incentivizing participants in a live video broadcast network in a game-theoretically secure way. We present solutions for the scalable verification of decentralized work, as well as the prevention of useless work in an attempt to game the token allocations in an inflationary system.

The Livepeer Token (LPT) is the protocol token of the Livepeer network. But it is not the medium of exchange token. Broadcasters use Ethereum's Ether (ETH) to broadcast video on the network. Nodes who contribute processing and bandwidth earn ETH in the form of fees from broadcasters. LPT is a staking token that participants who want to perform work on the network stake in order to coordinate how work gets distributed on the network, and to provide security that the work will get done honestly and correctly. LPT has the following purposes:

It serves as a bonding mechanism in a delegated proof of stake system, in which stake is delegated towards transcoders (or validators) who participate in the protocol to transcode video and validate work. The token, and potential slashing that occurs due to protocol violation, is necessary in order to secure the network against a number of attacks. More below.
It routes work through the network in proportion to the amount of staked and delegated token, essentially serving as a coordination mechanism.

It is a unit of account that is specific to the Livepeer ecosystem, which forms the basis of a SectorCoin concept, applicable to additional functionality to be introduced in the future. Services such as DVR, closed captioning, ad insertion/monetization, and analytics can all plug into the Livepeer ecosystem and potentially make use of the security provided by staking LPT.

An initial allocation of Livepeer Token will be distributed so that stakeholders can fulfill various roles in, and use the network, and then additional token will be issued according to algorithmically programmed issuance over time.

Following the conventions of Ethereum and many popular ERC20 tokens, LPT will be divisible by 10 ^ 18, with larger denominations such as the LPT itself intended to be used for user level transactions such as staking, and smaller denominations intended to be used for protocol accounting.

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