Hey guys, I'm about to start streaming/speedrunning, and it's been hard to find out how to get started online (I have like 0 twitch experience, and only have a PS3 and computer lol). Here's what I know I need so far:

1)Capture Card for PS3 2)Split Software

I heard that there was a "speedrunning" license you needed, and don't know if that was a troll or a real thing, so please help explain that to me.

Overall, I want to know the cheapest way to broadcast speedruns. Please explain it to me like you're explaining it to your grandparents.

Thanks guys! Jk