Library Credit uses the concept of a [decentralized](https://coinmarketcap.com/alexandria/article/how-decentralized-are-decentralized-networks) and [distributed network](https://coinmarketcap.com/alexandria/article/what-is-distributed-ledger-technology-dlt) (across several host computers) to build a content sharing crypto platform that offers a level playing field for all participants.
It specifically seeks to solve some of the major problems (such as censorship, abuses of user privacy, unfair revenue sharing formula) that affect corporations that offer similar services.
The revenue generated from content consumers’ activity is fully credited to publishers in their preferred payment method — whether in LBC (the native token) or through third-party processors.
Independent host providers can offer their computers’ processing power to earn a passive income on the platform. This mechanism is expected to make LBRY affordable and appealing to content creators.