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Livepeer is an open-source decentralised protocol for providing video and live streaming infrastructure that runs on the Ethereum blockchain. The Livepeer network provides the service of Video Transcoding. This takes an input video in a certain resolution and bitrate and converts it into other resolutions and bitrates. This process is what enables you to select different video qualities on websites such as YouTube or Twitch.tv. In this article, I’ll walk you through setting up a Livepeer node from start to finish and give you an idea of how much you could earn.
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