2025-12-27 02:20:27

The day before yesterday, I was watching a live stream and it crashed due to buffering. Suddenly, I thought of a phenomenon that is often overlooked — video and live stream traffic already consume over 80% of the internet bandwidth.

Despite being such a lucrative industry, the costs are ridiculously high. Because of this, video infrastructure has long been controlled by a few large companies, leaving small teams and developers with little to no choice.

Livepeer aims to break this situation. Its approach is straightforward: to create a decentralized network for video transcoding and live streaming capabilities. However, it’s important to note that it is not a live streaming platform itself, but rather a "bottom-layer infrastructure" provided for developers — enabling Web3 projects to build live streaming applications at lower costs.

$LPT is the core token of this network. Node operators and delegators need to stake LPT to access the network and provide transcoding services, earning LPT rewards and ETH transaction fees in return. At the same time, LPT also grants governance rights; holders can vote on the future direction of the protocol. Interestingly, if you run a GPU node, you can participate in other GPU mining projects without stopping your transcoding work.

Projects like Livepeer belong to the typical long-term infrastructure track. They do not rely on hype, but instead bet on the continuous growth of video traffic and the genuine demand for underlying infrastructure as Web3 applications mature.

That said, the decentralized video space is still in its early stages. Technical difficulty, market competition, and market fluctuations can all have an impact. Such projects are more suitable for patient, long-term holders, as short-term, profit-driven thinking can easily lead to pitfalls.

LPT0,84%

ETH3,52%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
5
Repost
Share

Comment

0/400

DiamondHands

· 12-27 02:50

The infrastructure track definitely requires patience, but can LPT break through this wave... It's still a bit uncertain.

View OriginalReply0

HashRateHermit

· 12-27 02:44

Watching the live stream suddenly freeze, it indeed makes people think about this issue... But for infrastructure projects like LPT, we really have to wait. --- Can GPU mining also run transcoding? This logic is a bit interesting, but how long will Web3 maturity take? --- Decentralized video sounds great, but in reality, big companies are blocking it tightly. Can LPT break through? --- Long-term track is correct, but people without that patience should not touch it, as they are really easy to be knocked out by the bear market. --- The number of 80% bandwidth being swallowed feels exaggerated... but the fact that infrastructure is monopolized hits the point. --- Staking LPT to earn transaction fees is a good model, but I don't know when market demand will truly pick up. --- Another story of "waiting for application maturity," it seems all Web3 infrastructure projects talk like this...

View OriginalReply0

ProofOfNothing

· 12-27 02:36

Infrastructure is always slow to heat up, but it can't hide the fact that there's genuine demand. The logic behind LPT is indeed clear—it's betting on the trend of video traffic, staking for mining while also running other GPU tasks... It's quite interesting. But to be honest, it's still too early, and it really depends on whether we can survive the bear market.

View OriginalReply0

BuyTheTop

· 12-27 02:33

Early infrastructure projects are like this; you really have to bet on long-term growth. Short-term players, stay away. I just want to ask, does the governance power of LPT really matter, or is it just another empty promise? GPU mining combined with transcoding sounds good, but what about electricity costs? How do you calculate this? In the end, the infrastructure positioning battle still depends on who can last the longest. Can Livepeer hold on until that day? Is it true that video consumes 80% of bandwidth? It sounds a bit exaggerated. I am optimistic about decentralized video, but it is still too early, making it hard to judge. How much do LPT node rewards actually amount to? Has anyone run real data? Honestly, it's still a bet on the future of Web3. Now is the time to enter, waiting for the market to pick up.

View OriginalReply0

MiningDisasterSurvivor

· 12-27 02:31

Another big hype about "underlying infrastructure," I've been through it all before. The group involved in storage and computing in 2018, what about them now? The grass on their graves is already waist-high. LPT seems logical, but how many projects that actually run successfully? When the bear market hits, node operators all run away, and staked tokens are in your hands. My advice? Just observe, don't rush to All in.

View OriginalReply0