Livepeer aimed to increase reliability of video workflows while reducing the costs to scale them. To achieve this we are building p2p infrastructure that interacts through a marketplace secured by the Ethereum blockchain. To fit the requirements of today's DApp developers we are building Livepeer with these core attributes in mind:1.Livepeer’s peer-to-peer network allows you to scale to any size without a single point of failure. It will optimize quality of encoding and performance of delivery.2.Livepeer's peer network aims to reduce the price of transcoding by an order of magnitude over cloud providers, by using crypto-economic incentive mechanisms.3.No single company or individual can control the network. All participants have the ability to shape Livepeer.