The world's open video infrastructure

Joined March 2017
The Livepeer 2.0 litepaper is out. Read it: github.com/livepeer/wiki/blo… Join the X Space: xitter.cf/Livepeer/status/210857…
Livepeer 2.0 Litepaper drops next Wednesday! 🚀 Join Doug on X Spaces to break down the proposed protocol changes and what they mean for LPT holders, Orchestrators, and builders. xitter.cf/i/spaces/1oKMvNXPQaoGQ

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What does Livepeer 2.0 mean for node operators?
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What does Livepeer 2.0 mean for delegators?
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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.
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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.
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A predictable supply for LPT. Livepeer 2.0 introduces a predictable emission schedule that caps LPT's max supply in the future. Under the proposal, new LPT halves every two years in a smooth decline, and half of every USDC fee buys LPT and burns it.
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Livepeer retweeted
Livepeer 2.0 Litepaper drops next Wednesday! 🚀 Join Doug on X Spaces to break down the proposed protocol changes and what they mean for LPT holders, Orchestrators, and builders. xitter.cf/i/spaces/1oKMvNXPQaoGQ

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Rewards follow the work. Livepeer 2.0 proposes that nodes earn new LPT based on the fees they bring in, capped by the stake behind them (Min-Fee-Stake). Under the proposal, anyone can register a node: no cap, no bond. Validators score honesty, and delegators choose who works and who judges.
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Full breakdown on YouTube: youtube.com/watch?v=vJeQfux-… The Livepeer 2.0 litepaper will be posted in the next days. Stay tuned: livepeer.org/blog
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