System and method of real time transcoding for live streaming and delivery network

A method of real time transcoding all bit rates in an encoding ladder for playback having reduced latency wherein the method comprises the steps of:

• providing at least one ingest server, said at least one ingest server having electronics to receive, store, transmit and manipulate data;
• providing at least one directory server, said at least one directory server having electronics to receive, store, transmit and manipulate data, said at least one directory server being operably coupled to said at least one ingest server;
• providing at least one web server, said at least one web server having electronics to receive, store, transmit and manipulate data, said at least one web server being operably coupled to said at least one ingest server and said at least one directory server;
• reading an input stream, wherein the input stream is read immediately as a network packet is available;
• transcoding the input stream to a top bitrate and resolution rendition;
• writing new encoding frames into a read-write memory buffer, wherein a first frame is written into the read-write memory buffer for top rendition frames;
• initiating a transcoding process for each entry in an encoding ladder specification to produce DASH/HLS segments;
• reading from the read-write memory buffer utilizing callback functions;
• transcoding the top rendition frames into DASH/HLS frames;
• writing the DASH/HLS frames into the second read-write memory buffer;
• completing a DASH/HLS segment in the second read-write memory buffer;
• closing the second read-write memory buffer;
• creating a new read-write memory buffer for an ensuing DASH/HLS segment;
• registering an incoming live stream in the at least one directory server;
• contacting a DNS server from a client device to identify a WEB server with a minimum load;
• providing a list of available content for play to the client device;
• selecting content to play from the list of available content;
• utilizing the at least one directory server to identify the at least one ingest server having the selected content;
• transmitting all of the DASH/HLS segments of the selected content utilizing a pipeline to a WEB server;
• and
• serving the client device utilizing the WEB server.