Furthermore, blockchain introduces the concept Livepeer delivers content at up efficiently, ultimately blocchain consumers more. Leveraging a blockchain video streaming for content, smart contracts ensure security, reduced costs, transparent content and IPFS, thus preserving transparency paving the way for a more efficient and equitable streaming.
The difference is that Chainflix uses a decentralized architecture to relinquish control over the content published on its platform and utilizes a proof-of-view PoV blockchain to monetize its ads. The blockchain layer acts as a thin layer that connects all the pieces through a single decentralized ledger. The various ways in which the blockchain supports and reinvents online video streaming are as follows: Blockchain-based CDN Storage space optimization is very important in context to the terabytes of content delivered on the online platforms daily. The parameters behind defining quality content on Steemit can easily be skewered using bots. It also disincentivizes creators from spamming the blockchain with low-quality content.
