OBS – Free, open-source and cross-platform live streaming and recording tool

Due to the popularity of live streaming, the success of XSplit Broadcaster intensified the competition within the Internet-based broadcasting software industry. OBS is one of the live streaming apps that wants to surpass XSplit. So far, it has been slightly better than XSplit in terms of functionality and performance. In addition, its official said it would be free forever (I hope so). This means that if XSplit doesn't master some revolutionary new technologies, it will soon be ruined by OBS.