A system and method for transferring content streams in a peer-to-peer network is provided. The system may first process and manipulate, through resizing, compression and frame limitations, a source content stream through a stream processor and into a destination canvas before being sent to a peer connection. The source content may be manipulated differently for a plurality of peer connections through associated stream processors. The system may further dynamically connect to a plurality of peers of a network and requests a list of requirements for selecting a preferable stream broadcaster. The selection may use the bandwidth available for streaming and the geolocation of the participants.