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From YouTube: Scalable Decentralized Video Transcoding

Description

In this presenation from Day 2 of the #SwarmOrangeSummit, Livepeer’s Eric Tang shows the principles behind Livepeer's decentralised and censorship-resistant video. The basic idea is that anyone, who can offer computational resources for transcoding, can join the network and provide value. The presentation then follows up with an overview of the general technical traits behind Livepeer, which in essence works as a transcoding market, and highlighted some of the issues that they still need to resolve.