Base Layer: Doug Petkanics On Livepeer and Blockchain Technology
Doug Petkanics joins us on Base Layer for a great overview of Livepeer, which three quarters of my guests have brought up a project to pay attention to! Doug is a multi-time Founder with Wildcard and Hyperpublic and has been focusing his attention for the last few years on Livepeer.
Live streaming services, such as YouTube and Twitch have seen tremendous growth in popularity in recent years. Broadcasting or building a streaming application however can be very expensive, as a result of payments to centralized transcoding and distribution companies.
Livepeer aims to provide the infrastructure service layer for decentralized live video broadcasting. In doing so, it hopes to provide a cheaper, more scalable, censorship resistant solution that is more resilient without single points of failure. We talked about everything from the unplugging generation to their consensus methodologies and governance systems. Truly a great overview of a really important project.