Livepeer Processes 1 Million Minutes of Video in a Single Week
On June 5, 2021, Livepeer passed a key milestone on the road to becoming the video streaming industry’s primary infrastructure. In one week alone, developers used our network to prepare a record of over one million minutes of raw video for viewing on any device, at any speed.
Sounds impressive, you may say. Round number. Seven digits. But what does it mean exactly?
Many open blockchain protocols use abstract measures to gauge success, such as total value locked, amount staked, or even token price. But these are often imperfect proxies for real-world usage.