## ما هي شبكة سكال (SKL)؟

توصف سكال (Skale) بأنها شبكة مرنة مصممة لتتيح قابلية التوسع لسلسلة [إيثريوم](https://coinmarketcap.com/ar/currencies/ethereum/). فبالإضافة إلى تعزيز قدرة إجراء المعاملات، يهدف المشروع اللامركزي إلى تقليل زمن الوصول وضمان إمكانية إجراء المدفوعات بأرخص سعر ممكن.

يقول موقع المشروع على الويب إنه يريد تمكين الأشخاص من إنشاء وتشغيل [التطبيقات اللامركزية](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) في "سحابة وحدات لامركزية تم تصميمها لتلبية احتياجات العالم الحقيقي وتهيئتها لمتطلباتك". لكن هذا التركيز على اللامركزية لا يغفل جانب الأمن.

ووفقاً لـ "سكال"، يمكن لمن يختارون بناء تطبيقاتهم على هذه المنصة تشغيل عقود ذكية بلغة سوليدتي (Solidity) "أسرع بآلاف المرات وبجزء صغير من التكلفة التي تفرضها شبكة إيثريوم الرئيسية عادة" — حيث تستفيد خدمات الألعاب والمحتوى من بنيتها التحتية إلى جانب مشاريع أخرى.

### من هم مؤسسو سكال نتورك؟

تم تأسيس "سكال نتورك" من قبل جاك أوهوليران، وستان كلادكو، وكلاهما يتمتع بخبرة واسعة في صناعة البرمجيات.

أوهوليران — المؤسس المشارك والرئيس التنفيذي لشركة "سكال" — هو رائد أعمال في مجال التكنولوجيا متخصص في أنظمة سلاسل الكتل والأنظمة اللامركزية. ولا يزال يشغل منصب مستشار استراتيجي في (Aktana)، شركة علوم الحياة التي شارك في تأسيسها في عام 2008.

وفقاً لملفه الشخصي على لينكدان، بدأ أوهوليران المراحل الأولى من حياته المهنية كمدير حساب في "جوجل". حيث أمضى عامين هناك قبل أن ينضم إلى قسم تطوير الأعمال واستراتيجية المنتجات في "موتورولا".

أمّا كلادكو، فقد أمضى سنوات عديدة التحصيل العلمي توجها بالحصول على درجة الدكتوراه في الفيزياء قبل المشاركة في تأسيس "سكال"، كما عمل لمدة 16 عاما كمدير تنفيذي للتكنولوجيا في وادي السيليكون في سان فرانسيسكو.

وشارك في تأسيس العديد من الشركات الأخرى، بما في ذلك (Galactic Exchange)، و(Cloudessa).

### ما الذي يميّز شبكة سكال؟

تهدف شبكة (Skale Network) إلى تحسين كل من الأمان واللامركزية للتطبيقات القائمة على سلسلة إيثريوم.

ويتم تحفيز حاملي الرمز المشفّر (SKL) من خلال مكافآت يحصلون عليها عبر المساعدة في تحسين قابلية التوسع والأمان للمنصة من عملهم كمدققين.

كانت "سكال نتورك" أول مشروع يطلق رمزاً مشفّراً على منصة (Activate) الخاصة بـ (ConsenSys Codefi) — والتي "تم تصميمها لإطلاق شبكات لامركزية والسماح للعملاء بشراء رموزهم المشفّرة وإدارتها واستخدامها — كل ذلك في تطبيق واحد". تم تصميم (Activate) لإنشاء معايير جديدة لتوزيع الرموز المشفّرة، والتأكد من أن الشبكات تحافظ على فعاليتها بعد بيع الرموز المشفّرة. ومن المأمول أن يساعد هذا النهج في تنظيف مجال الطرح الأولي للعملات، والذي شابته فترة كثر فيها التلاعب والخداع في السنوات الأخيرة.

وقد هدفت "سكال" من خلال إطلاق رمز مشفّر يراعي المعايير التنظيمية إلى أن يتمّ اعتماد رمزها المشفّر على نطاق واسع وتجنب أي نشاط احتيالي.

عادة ما تكون المعاملات على سلسلة إيثريوم بطيئة في التحقق والموافقة عليها. لكن استخدام شبكة "سكال" يحسن بشكل كبير من سرعة تدقيق المعاملات على إيثريوم، حيث يمكن أن تجري "سكال" حتى 2000 معاملة في الثانية لكل سلسلة، وفقاً للفريق.

#### صفحات ذات صلة:

اكتشف المزيد حول بولكادوت [Polkadot](http://coinmarketcap.com/ar/currencies/polkadot).

اطلع على [شرحنا التفصيلي حول التمويل اللامركزي](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance).

اعرف المزيد عن العملات المشفرة مع [CoinMarketCap Alexandria](https://coinmarketcap.com/alexandria/).

اشترك في [النشرة الإخبارية لـ CoinMarketCap](https://coinmarketcap.com/newsletter).

### كم عدد عملات سكال (SKL) الموجودة في التداول؟

بلغ المعروض المتداول من رموز (SKL) المشفّرة عند إطلاق شبكة "سكال" 4.1 مليار. أما الحد الأقصى للمعروض، فقد تمّ تثبيته عند 7 مليارات رمز مشفّر.

وفقاً المستند الفني التعريفي (الورقة البيضاء) التي أصدرتها شبكة "سكال" في يوليو 2020، تم تخصيص الثلث (33%) لمكافآت المدققين، و28.1% للمفوضين الذين يقومون بالتخزين المؤقت، و16% للفريق المؤسس، و10% لـ (Skale Foundation)، و7.7% لصندوق تطوير البروتوكول، و4% لمجمّع السيولة الخاص بالفريق الأساسي، و1.3% لصندوق النظام الإيكولوجي.

### كيف يتم تأمين شبكة سكال؟

يقوم المدققون في شبكة "سكال" بتأمين الشبكة عن طريق اقتراح الكتل. وبمجرد أن يتوصل المدققون إلى توافق في الآراء حول كتلة نهائية، تضاف الكتلة إلى السلسلة.

وبهذا، تستخدم شبكة "سكال" نموذج توافق [إثبات الحصة](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) (PoS) لضمان تأمين الشبكة.

### أين يمكنك شراء سكال نتورك (SKL)؟

هناك العديد من البورصات التي يمكن فيها شراء رموز (SKL) المشفّرة. وكانت منصات [Huobi](https://coinmarketcap.com/ar/exchanges/huobi-global/)، و[Binance](https://coinmarketcap.com/ar/exchanges/binance/)، و[Uniswap](https://coinmarketcap.com/ar/exchanges/uniswap-v2/) أول من أدرج (SKL). اقرأ المزيد حول كيفية تحويل العملات الورقية إلى عملات مشفرة هنا.

وفيما يلي بعض المقالات الأخرى، التي قد تهمك:

* [ما هو صنبور العملات المشفرة؟](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-faucet)
* [ما هي بطاقات السحب المصرفية للعملات المشفرة؟](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards)
* [ما هو Web 3.0؟](https://coinmarketcap.com/alexandria/article/what-is-web-3-0)
* [ماذا تعني زراعة الغلال (Yield Farming)؟](https://coinmarketcap.com/alexandria/article/what-is-yield-farming)
* [ما هو إقراض العملات المشفرة؟](https://coinmarketcap.com/alexandria/article/what-is-crypto-lending)

SKALE

Binance

Trust Wallet

MetaMask

Atomic wallet

SKALE is the only interoperable blockchain network capable of running an unlimited number of fast, on-demand, pooled-security EVM blockchains with ZERO gas fees

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Pepe

Mask Network

Turbo

dYdX (ethDYDX)

Convex Finance

Flux

Biconomy

PepeCoin

ether.fi

Echelon Prime

Basic Attention Token

Forgotten Playland

Sommelier

Nostra

Groyper

Karate Combat

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

Celer is a blockchain interoperability
protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains. Developers can build inter-chain-native Dapps using the Celer Inter-chain Messaging Framework to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.

Celer Network

What Is Ankr (ANKR)?

Ankr is a decentralized blockchain infrastructure provider that operates an array of nodes globally distributed across over 50 Proof-of-Stake networks. This infrastructure helps drive the growth of the crypto economy while powering a full suite of multi-chain tools for Web3 users:

Ankr Build
Ankr provides comprehensive blockchain developer solutions, including traditional APIs, a decentralized multi-chain network of public RPC nodes used to access blockchain data and execute code, and tools like Ankr Scan to view on-chain information across blockchains.

Ankr Earn
Ankr Earn makes staking, liquid staking, and other yield-earning opportunities easy and accessible to any crypto investor. Ankr creates the most scalable and decentralized staking infrastructure solution that aims to solve the capital inefficiency of Proof-of-Stake networks and similar blockchain consensus mechanisms.

Ankr Learn
Through Ankr’s learning tools, tutorials, and docs, anyone can become a better user or developer of blockchain-based systems.

Ankr

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption.

In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.

Two years later, an updated white paper was published. Here, a decentralized network  — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.

People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens.

Storj

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.

0x Protocol

Origin Protocol is one of Ethereum’s longest-standing DeFi projects, featuring a multichain feature set that unlocks vast opportunities for yield generation across the space. Origin’s products are built to be permissionless and composable, allowing for deep integration with novel primitives. All of Origin’s products streamline rewards to OGN stakers, cultivating a sustainable, user-first offering.

At its core proposition, Origin features:

Capital efficiency: Origin’s liquid staking products, Origin Ether and Origin Dollar, empower users to earn yield while retaining full capital control. The protocol’s unique Automated Redemption Manager (ARM) serves as a key liquidity hub for LST redemptions.

Vast composability: OETH’s robust peg and interoperability makes it an ideal building block for innovative DeFi strategies.

Broad access: Origin’s diverse integrations with partners such as EigenLayer and Pendle Finance, cater to power users and new entrants alike. Origin is built on core principles of seamless usability, cultivating one of the smoothest user experiences in the space.

Some of Origin Protocol’s key elements include:

Origin Ether (OETH): OETH is a leading liquid staking token that harnesses battle-tested mechanics to maintain a strong peg and vast composability for users. Users can mint OETH by depositing reserves of ETH. This ETH is staked to the Beacon Chain, with staking rewards distributed to users. OETH boasts broad DeFi integrations on ETH and leading Layer-2 networks.

Origin Dollar (OUSD): OUSD is a yield bearing stablecoin fully collateralized by reserves of USDT, USDC, and DAI. Users can deposit these stablecoins to mint OUSD, which generates yield. OUSD’s rebasing model automatically distributes rewards to holders’ wallets, removing the need for lockups and claiming rewards.

Automated Redemption Manager (ARM): The ARM is a groundbreaking platform that bolsters liquidity for redeemable assets, such as LSTs and LRTs. Users can take advantage of rapid redemptions for seamless swaps between leading LSTs and ETH with zero slippage.

Some of its key highlights include:

Versatile Utility: Origin’s product suite is deeply integrated across DeFi, allowing users to harness innovative instruments and opportunities. Origin Ether, for instance, is deeply integrated with the likes of Pendle and EigenLayer. Users can also take advantage of wOETH on leading L2 networks to explore more platforms and yield generating positions.

Transparent, best-in-class security: Both OUSD and OETH boast battle-tested, open-source codebases. Origin’s products have been rigorously audited by leading firms, including OpenZeppelin. Origin’s yield-generating products deliver yields without compromising on security, and feature rich analytics dashboards for users to monitor treasury flows and allocations.

Protocol Governance: Users can stake OGN for up to a year in exchange for non-transferable xOGN. xOGN accrues yield from a share of protocol fees earned by Origin’s products. xOGN holders can submit proposals, vote on active submissions, and vote on treasury allocations. This symbiotic structure creates a sustainable, rewarding governance system that upholds the core principles of decentralization.

World class team and investors: The project is led by serial entrepreneurs Matthew Liu and Josh Fraser, and seasoned team members from leading tech firms including PayPal, YouTube, Google, DropBox, etc. Origin has received backing from top investors such as Pantera Capital and Foundation Capital, as well as from individuals like Steve Chen, the founder of YouTube, and Alexis Ohanian, co-founder of Reddit.

Origin Protocol

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.

To learn more about this project, check out our deep dive of The Graph.

To date, over3,000 subgraphs have been deployed by thousands of developers, for DApps like Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, Decentraland and many others. The Graph usage has been growing at over 50% MoM and hit over 7 billion queries during the month of September 2020.

The Graph has a global community, including over 200 Indexer Nodes in the testnet and more than 2,000 Curators in the Curator Program as of October 2020. To fund network development, The Graph raised funds from community members, strategic VCs and influential individuals in the blockchain community including Coinbase Ventures, DCG, Framework, ParaFi Capital, CoinFund, DTC, Multicoin, Reciprocal Ventures, SPC, Tally Capital and others. The Graph Foundation also successfully completed a public GRT Sale with participation from 99 countries (not including the U.S.). To date as of November 2020, The Graph has raised ~$25M.

The Graph

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

To learn more about this project, check out our deep dive of Ren.

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

Starting as an open-source project in 2017, IoTeX has built a decentralized platform whose aim is to empower the open economics for machines — an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives.

With a global team of over 40 research scientists and engineers, IoTeX has built their EVM-compatible blockchain from scratch using the innovative Roll-DPoS consensus and launched in 2019 April, which has been running by 100+ delegates worldwide and has processed more than 10 million transactions already. On top of the IoTeX blockchain, the team has built the essential blocks of infrastructures to connect with Ethereum, BSC, and Heco blockchains such as ioPay wallet (https://iopay.me/) and ioTube bridge (https://iotube.org/), which serve ten thousands of users. IoTeX helps EVM-based DApps scale without concerning expensive gas fees!

Besides, middleware such as Decentralized Identity, Confidential Computing, and Secure Hardware has been built on top of the IoTeX blockchain. This has enabled the creation of self-sovereign devices such as Ucam, and real-world data oracles like Pebble. Ucam (https://ucam.iotex.io/) has been deployed to over 3000 households (http://iott.network/). Meanwhile, Pebble has been launched to more than 300 developers initially, and enables innovative Dapps to connect the physical world with the crypto world, such as real-world NFTs, weather derivatives and machine learning-as-mining.

IoTeX

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Synthetix

Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.

To learn more about this project, check out our deep dive of Balancer(https://coinmarketcap.com/alexandria/article/what-is-balancer.

The protocol operates a few types of pools:

Private pools give the owner governance over the pool, and make the person the sole contributor of liquidity to the pool. Also, all the parameters are mutable by the owner.

Shared pools are for those who want to become liquidity providers (LPs). The LPs are rewarded with the Balancer Pool Tokens (BPTs).

Smart pools are similar to private pools but are controlled by a smart contract. They also reward using BPTs and allow anyone to contribute liquidity to the pool.

Balancer

Celo is a carbon-negative, permissionless, blockchain with a rich ecosystem of global partners building innovative Web3 dapps to support a more inclusive financial system. Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo platform), CELO governance asset, and several Mento stable assets (cUSD, cEUR, cREAL) that allow for real-world users to use digital assets. The open source Celo mainnet launched on Earth Day 2020.  The Celo community passed an indicative on-chain governance proposal (temperature check) to have Celo migrate to an Ethereum layer-2.  Google Cloud, Deutsche Telekom, Telefonica, and many others run validators on the Celo Platform.  Today, the Platform supports 1,000+ projects in over 150 countries are building on Celo to, helping to create the conditions of prosperity for all.  For more information, please visit Celo.org.

Celo

NKN (NKN), or New Kind of Network, is a network that focuses on creating a decentralized and open-source network protocol for public blockchain-based peer-to-peer (P2P) networks to share network bandwidth and internet connectivity. Its main objective is to address the challenges faced by today's internet, such as centralization, scalability issues and security concerns.

Reserve Rights (RSR) is an ERC-20 token that will serve two main purposes for the Reserve Protocol: overcollateralization of Reserve stablecoins (RTokens) through staking and governing them through proposing & voting on changes to their configuration.

The Reserve Rights (RSR) token was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.

Reserve Rights

Amp is an open-source, decentralized protocol that provides collateral as a service. Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.

The project, which launched in 2020, aims to provide a fast, efficient, and secure transaction platform. It claims to solve a number of network problems, including slow confirmation times, price volatility and broad adoption.

Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers.

Collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain.

Collateral managers are smart contracts that can lock, release and redirect collateral in these partitions as needed in order to support value transfer activities.

Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Harmony

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.

Curve DAO Token

Launched in 2017, Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies.

To learn more about this project, check out our deep dive of Livepeer.

As stated in the official Livepeer whitepaper, the live video streaming and broadcasting industry is growing at a rapid pace, and the company is looking to ride this wave and introduce decentralization to the environment. Livepeer aims to streamline the broadcasting process by allowing producers to submit their work on the platform, taking care of reformatting and distributing the content to users and streaming platforms.