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1. Introduction Twenty years ago, when the Internet was still very young, video streaming was virtually unheard of; the only activity ever done was uploading and downloading files and documents, which could only be accomplished by military personnel. Then, in the 90s, Internet became phenomenal; people started using it for chatting and such. As Internet technologies improve, people started demanding more. They wanted to be able to enjoy video and music using their computer. People now prefer streaming videos than to download the whole content from the Internet for later viewing. However, with the current Internet traffic, streaming can be quite slow that it frustrates the web surfer. Currently, most network researchers are striving to improve the Internet backbone so as to reach higher speed while minimizing data errors during data transmission. Video streaming is crucial for video conferencing. It is part of the element for the concept e-commerce. Business dealings can be done face-to-face even if both parties cannot reach each other geographically. Now, the Internet experts are racing to develop the best technologies and techniques to satisfy the ever-growing pressure from the corporate world as well as from average home