Livepeer (LPT)What's Livepeer price? How much potential does it have? How to buy Livepeer? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how LPT compares to Bitcoin based on its performance!
(Price data last updated about 2 hours ago)
Data last updated about 2 hours agoLPT All Time Low/High: €0.319526 (+1878%) / €85.48 (-93%)
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Compare LPT and BTC performance
How popular is Livepeer cryptocurrency?Livepeer ranks 199th among all cryptocurrencies. It has a market cap of €173553592. The total trading volume within the last 24 hours was €15199400.
How much potential does it have?How much can Livepeer grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (27,511,890), it can theoretically grow at least 2861x before it would become more popular than Bitcoin. This means that based on LPT maximum potential it could reach €18083.8 before it would have to overtake Bitcoin.
How to buy Livepeer?The easiest way to buy LPT is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 50 Livepeer exchanges available.
Where can you buy it?LPT should be listed in these exchanges:
Where can I find more information about Livepeer?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
When was LPT created?According to our information LPT was created 1st October 2018.
What is Livepeer?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.
|Market Cap: €173553592||Rank: #199||Volume: €15199400|
Livepeer (LPT) live price chart
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How big was Livepeer coin volume within the last 24h?
Livepeer (LPT) last recorded volume was € 15199400.
How much has Livepeer price changed during one year?
LPT price has changed during the last year -75.15 %.
Is LPT coin close to its All Time High price?
LPT all time high price (ath) is €85.48. Its current price is €6.32. This means that the difference between Livepeer (LPT) All Time High price and LPT current price is -93%.
What is the maximum price Livepeer (LPT) could VERY theoretically reach?
LPT has a current circulating supply of 27,511,890. Based on our calculation LPT could reach up to €18083.8 before it would have to overtake Bitcoin. So in theory the potential for growth is 2861x its current value (€6.32). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Livepeer and in no way is it a prediction of any kind, far from it.
Where can you buy Livepeer?
Livepeer is currently listed on at least these crypto exchanges: BingX, Binance, Bitget, MEXC Global, DigiFinex, BitMart, Bitvavo, Bitrue, Bibox, Coinbase Exchange, OKX, Kraken, WhiteBIT, Binance US, Crypto.com Exchange, Gate.io, Hotbit, BtcTurk PRO, KuCoin, Huobi, Bithumb, LATOKEN, Coinstore, Phemex, CoinEx, Uniswap (v3), Paribu and possibly some others.