Livepeer is a decentralized video infrastructure developed on the Ethereum blockchain, and it is the Livepeer network’s gateway. Any user can easily integrate their video content using Livepeer Explorer into their application in the most decentralized way and at an extremely low cost. It provides visibility into the general activities related to the protocol, and the users can use their Livepeer tokens and place their votes from the Livepeer Explorer.
In March 2022, the core team of the Explorer considered an up-gradation of the Explorer as the main active element for the second quarter. Recently the updated version of Livepeer Explorer officially went live after extensively working on research, technical development, and reviews from the community.
Updated Livepeer Explorer Highlights:-
- Brand-New User Interface – The updated version of Livepeer features the main metrics on inflation trends, fees, and delegator count that allow the users to view how well the network is operating across numerous data points.
- New Orchestrators Filters – The Orchestrator on Livepeer contributes its computing resources to distribute and transcode videos in exchange for LPT and ETH fees. In contrast, the delegators stake the tokens with the orchestrators for a fee-sharing earned by them. The Livepeer Explorer is updated with brand-new filters that offer yield estimates depending on the existing list of orchestrators on Livepeer Explorer. Delegators have been given the right to make informed decisions depending on the information these filters provide.
- Network Transactions – The update has brought about a new list of network transactions that run in real-time per account or wallet. Users can observe the activities on the network across transactions, including staking, token delegation, and fee claims. The updates made on the Livepeer Explorer are only part of the long-term initiative that will enhance the user experience of all delegators, ecosystem partners, and orchestrators.