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Binance What Is Livepeer (LPT) Quiz Answers: Learn And Earn $LPT

Binance learn and earn Livepeer quiz answers, Create your Binance account if you don’t have one, do KYC verification, and be ready for the quiz.

Binance What Is Livepeer (LPT) Quiz Answers

Q1) What is the native token of Livepeer?

Answer: LPT

Q2) Who stakes Livepeer tokens (LPT) in order to receive a share of video processing fees?

Answer: Delegators

Q3) Livepeer is built on which blockchain?

Answer: Ethereum

Q4) What are the benefits of delegating LPT on the Livepeer network?

Answer: All are correct

Q5) Livepeer has processed over 150 million minutes of video since its mainnet launch. True or false?

Answer: True

Q6) Which of the following provides a gateway to delegating on the Livepeer network?

Answer: The Livepeer Explorer

Q7) Transcoding is one of the steps necessary to deliver video content smoothly to end users. True or false?

Answer: True

Q8) Livepeer is used primarily to process what type of content?

Answer: Video content

Q9) Livepeer orchestrators receive a share of video processing fees in the form of?

Answer: ETH

Q10) When was Livepeer’s mainnet launch?

Answer: 2018

Quote:Do your research and recheck the answers before submitting it. These answers are for reference purposes only

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