The problem PeerStream solves

PeerStream is a cutting-edge web3-based video streaming platform that aims to create a more open and inclusive ecosystem for video content. By leveraging the power of web3 technology, PeerStream empowers creators and viewers alike to experience a more transparent and secure live streaming experience.

Traditional video streaming platforms like YouTube and Twitch have a few limitations that PeerStream addresses:

• Single point of failure : PeerStream ensures that there is no single point of failure, which means that the system won't fail completely if one part of it fails.
• Privacy : Web3 technology allows users to interact with the platform without revealing their personal information, as the user's wallet address serves as their identity.
• Transparency : Videos uploaded to PeerStream are permanently stored on the LivePeer network, making them virtually impossible to take down. This promotes the concept of free content open to all.
• Interoperability : PeerStream can be integrated with other web3-based services, such as NFTs.

Challenges we ran into

• Indexing data on the blockchain on the Graph : Indexing the contract's storage on the Goerli Testnet using the

  @graphprotocol/graph-cli

  took a long time as the start block was difficult to identify.
• Slow Goerli Testnet : While a local blockchain would have facilitated faster development, PeerStream opted to use the Goerli Testnet for more production-friendly code, which slowed down development to a certain extent.
• Integration with LivePeer : The

  createAsset

  function provided by

  useAsset

  in

  @livepeer/react

  did not return the data of the uploaded video, which required the team to spend a significant amount of time finding the appropriate API. Furthermore, subgraph could not be indexed over the LivePeer assets, so the team had to store the uploaded video data on a custom blockchain network (in this case, the Goerli Testnet) and index it using their subgraph.