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A decentralized video protocol on Ethereum, Livepeer rewards parties for processing video content securely at reasonable rates. Find out how the ecosystem works.
Binance LPT Quiz Answers is
Question 1: What is the native token of Livepeer?
Answer is : LPT
Question 2: Who stakes Livepeer tokens (LPT) in order to receive a share of video processing fees?
Answer is : Delegators
Question 3: Livepeer is built on which blockchain?
Answer is : Ethereum
Question 4: What are the benefits of delegating LPT on the Livepeer network?
Answer is : All are correct
Question 5: Livepeer has processed over 150 million minutes of video since its mainnet launch. True or false?
Answer is : True
Question 6: Which of the following provides a gateway to delegating on the Livepeer network?
Answer is : The Livepeer Explorer
Question 7: Transcoding is one of the steps necessary to deliver video content smoothly to end users. True or false?
Answer is : True
Question 8: Livepeer is used primarily to process what type of content?
Answer is : Video content
Question 9: Livepeer orchestrators receive a share of video processing fees in the form of?
Answer is : ETH
Question 10: When was Livepeer’s mainnet launch?
Answer is : 2018
How to Participate in Binance Learn & Earn Livepeer Quiz
- First of all update your Binance app from Playstore to latest version of visit this Binance Learn & earn quiz webpage directly
- New Users of Binance can create new account from here
- Login into your Binance account
- Go to homepage & you will see this learn & earn Livepeer quiz banner
- Click on that
- New chapter of learn & earn Livepeer quiz will live from 2022-09-07 09:00 (UTC)
- Start the quiz at same time & solve using above already solved Binance Livepeer Quiz answers
Join the quiz here Binance LPT Quiz