Bandwidth-conscious broadcasters have a new way to distribute their live video streams. A group of Uruguay-based P2P researchers recently released the first English-language version of their open-source P2P streaming application, GoalBit. The application, which is based on a BitTorrent-like architecture, aims to compete with P2P streaming services like PPLive and PPStream by giving anyone looking to distribute their own live video programming a way to do so.

GoalBit, which is available for Windows and Linux, currently features just a handful of Uruguay’s TV networks streaming at fairly low bitrates. But the service looks promising nonetheless, and its extensive documentation could be intriguing to anyone interested in P2P streaming.