Livepeer 2.0 Litepaper drops next Wednesday! ๐
Join Doug on X Spaces to break down the proposed protocol changes and what they mean for LPT holders, Orchestrators, and builders.
https://t.co/3pO4tnes32
With Live Runner, a Livepeer orchestrator hosts your app as it is, from a web service to live video. The Livepeer part is a handful of clearly marked lines.
Self-sovereign means no single company holds the off switch.
Livepeer's open builder stack is designed so you install, run, upgrade and restore it yourself, with your own data and credentials.
How Livepeer 2.0 upgrades how network pays people, in two minutes.
Four proposed changes: rewards follow the work, anyone can run a node, rewards are scored for honesty before they are paid, and a predictable emission schedule caps LPT's max supply in the future.
Four safeguards for Livepeer 2.0 rewards.
Under the proposal, a node's reward share is capped by its stake share. Rewards pay out 7 rounds later, at the validators' median honesty score. Stake waits 21 rounds to move. And new LPT follows a fixed schedule, so faked fees can't grow the reward pool.
Livepeer 2.0 Litepaper drops next Wednesday! ๐
Join Doug on X Spaces to break down the proposed protocol changes and what they mean for LPT holders, Orchestrators, and builders.
https://t.co/3pO4tnes32