A video playback device, provided in a P2P-based network, comprises a channel pre-cached buffer, for storing a plurality of video blocks corresponding to a number of pre-cached channels; a display interface, for receiving a request for channel browsing from a viewer and executing playback of the video blocks pertaining to a selected channel indicated on the request; and an agent module, for receiving the request for channel browsing from the display interface, obtaining a seed/peer list pertaining to the selected channel indicated on the request, and downloading the video blocks from seed and/or peer nodes based on the seed/peer list; characterized in that the agent module applies an automatic refreshing mechanism for updating the corresponding video blocks to each pre-cached channel by supplying the most updated video blocks in the channel pre-cached buffer.