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LPT Quiz Answers

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