Post
Topic
Board Tokens (Altcoins)
Re: [ANN]🎥PARATII: Business models for video that can actually work.🎬[LIVE ALPHA]
by
paratii
on 25/06/2018, 14:55:27 UTC
You write. "Last month Livepeer aired on the highway with its innovative distributed network of transcoders." What are transcoders and how can they be purchased?

Transcoding is the process of taking a raw video file and reprocessing it into several different, smaller streams. It's what allows you to watch a YouTube video in 240p, 360p, 480p, 720p or 1080p when the original upload was only in 1080p. Livepeer is a decentralized network of transcoders that allows its users to hire transcoders as needed, on demand. Paratii will use Livepeer as its transcoding solution as soon as their codebase supports a few features that are important to us - we've been working closely together to make sure that we're aligned with each other's needs.

Hopefully that made sense, let us know if there's any other questions we can help with!