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2 episodes with livepeer
2 episodes with livepeer
Follow Proof of Coverage Media: https://x.com/Proof_CoverageIn this episode, Connor speaks with Doug Petkanics from Livepeer about the evolution of open video infrastructure. They discuss Livepeer's transition to Arbitrum, how it leverages idle GPUs for cost-effective video transcoding, and its expansion into AI-powered video processing, which is driving new revenue. Doug also shares insights on Ethereum's ecosystem, competition from Solana, and Livepeer's growing $7M treasury, fueled by community governance.Timestamps:00:00 - Introduction01:30 - Vitalik Buterin and Ethereum Developments02:46 - Livepeer's Technical Overview03:21 - Understanding Video Processing08:30 - Livepeer's Market Position10:15 - Cost Structure and User Experience11:30 - Success Stories with Livepeer12:30 - Cost Reduction Mechanisms15:42 - Current State of the Livepeer Network20:17 - AI Integration in Livepeer22:12 - Advice for Founders in Crypto25:22 - Go-to-Market Strategy27:29 - AI Video Editing Potential30:51 - Livepeer's Treasury and Funding34:34 - Community Engagement and Call to ActionDisclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.
Fishtank used Livepeer's blockchain-powered network to let the audience pay to participate in its live reality show. The model helped create a multi-million-dollar franchise.
This is my conversation with Doug Petkanics and Eric Tang, cofounders of Livepeer.Timestamps:- 00:00:00 intro- 00:01:45 sponsor: Optimism- 00:03:55 Livepeer origin story- 00:11:54 FFmpeg and the video infrastructure stack- 00:17:07 compute capacity and cost in open vs closed systems- 00:22:59 GPUs as the supply side, working at NVIDIA- 00:40:27 finding latent demand- 00:46:10 sponsor: Privy- 00:47:30 learnings on go-to-market, Livepeer Studio, AI video processing- 01:00:54 AI subnets in the Livepeer network- 01:07:51 doing whatever it takes to get it done- 01:13:19 interacting with the market- 01:18:51 the inner game- 01:24:30 outroLinks:Doug Petkanics - https://twitter.com/petkanicsEric Tang - https://twitter.com/ericxtangLivepeer - https://twitter.com/livepeerLivepeer Studio - https://twitter.com/livepeerstudioThank you to our sponsors for making this podcast possible:Optimism - https://optimism.ioPrivy - https://privy.ioInto the Bytecode:Twitter - https://twitter.com/sinahabFarcaster - https://warpcast.com/sinahabOther episodes - https://intothebytecode.comDisclaimer: this podcast is for informational purposes only. It is not financial advice or a recommendation to buy or sell securities. The host and guests may hold positions in the projects discussed.
Ivano Salonia is the creative director of UFO, based in Amsterdam. An artist, musician and creator in extended realities and virtual worlds.He is the artist behind the UFO poster art and NFTs. Since July 2022, Ivano and Nick Hollins have been creating the visual identity, art and brand of UFO. We went to ETH Tokyo in April and hacked on a UFO project with Lens Protocol and Livepeer. And we just built a website at ufo.fm ~ an onchain radio station and club for music, arts and ideas. This podcast is the first on the network.We talk about Ivano's artistic practice starting out in advertising, design and brand. Doing work with global companies and agencies. How he became interested in making art in virtual reality, and experiments with AI and generative tools such as Midjourney. Diving into the web3, crypto and NFTs space from 2020. Working on projects including the motorcycle art video game Night Run with Matto from Hypercastles, and designing the 3D records for the Metalabel Quality Drops.We talk about his creative process and philosophy. About the creative scene in Amsterdam with many artists and musicians, technology projects, extended realities and VR. And the creation of the UFO art style and drops including UFO Genesis Pass and the Frequency Modulation release on Zora, remixing a retro MTV ad from the 1980s.SPONSORSZerion combines every corner of web3 in a simple and intuitive app for self-custodial humans. Discover the hottest NFT collections, track your DeFi rewards, and vote in DAOs across 10+ chains. Get started at zerion.ioLens Protocol is the open-source tech stack for building decentralized social media applications. A permissionless and transparent social graph that is owned by the user. Lens is the last social media handle you'll ever need to create. Visit lens.xyz
On this episode of Rehash, we speak with Maya Bakhai, founder and general partner at Spice Capital, about investing in web3, diversity in venture capital, the future of the creator economy, and more. Spice Capital is an early stage venture capital firm that is funding businesses solving problems for the next generation of internet-native consumers.In our conversation with Maya, we talk about why she chose crypto, community, and capital as the 3 main categories for investment for Spice, what she believes is the largest unsaturated market in web3 investment right now, how she sees the creator economy evolving in the future, and much more. COLLECT THIS EPISODEhttps://www.rehashweb3.xyz/ FOLLOW USRehash: https://twitter.com/rehashweb3Diana: https://twitter.com/ddwchenMaya: https://twitter.com/MayaBakhai or maya@spicecapital.xyz Spice Capital: https://www.spicecapital.xyz/ SPONSORSLens Protocol: https://lens.xyzLore: https://lore.xyz/rehash Livepeer: https://livepeer.orgQuests: https://rehash.quests.com/ LINKSHot Sauce: https://hotsauce.beehiiv.com/ TIMESTAMPS0:00 Intro03:16 Definition of “internet native consumer”05:48 Biggest problem with the internet07:40 Solutions to this problem08:34 The future of social platforms13:37 Spice Capital's investment thesis17:55 Web2 vs web3 incentives18:50 Different types of consumers22:20 Individual creators vs brands25:39 Largest unsaturated market in web328:15 How Spice Capital addresses diversity35:13 The importance of culture in web2 vs web338:50 Guidebook to building a web3 business42:58 Tips for web3 investors46:19 Questions from the community47:43 Explain your tweet51:25 Follow Maya & Spice Capital DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.
Season 5 of Rehash: A Web3 Podcast starts on Thursday, June 22, 2023 with new episodes every Thursday until September 14, 2023.This season, we had the most competitive guest selection period yet, with 45 highly qualified nominees vying for only 11 spots on the podcast. At the very last minute of the guest voting period, several of our community members came together to force a 6-way tie, bringing our total guest count to 13 instead of the 11 we had planned for. Some names you might recognize from this season's lineup include Peter Pan from 1kx and Metacartel, Sirsu from BLVKHVND, Nick Hollins from the UFO podcast, Kaitlin Smith from Bankless, and html_tina from EigenLayer. You can find the entire guest lineup for the upcoming season on Twitter at @rehashweb3. FOLLOW US:Rehash: https://twitter.com/rehashweb3Diana: https://twitter.com/ddwchen SUBSCRIBE:Apple Podcasts: https://podcasts.apple.com/us/podcast/rehash-a-web3-podcastSpotify: https://open.spotify.com/show/0ih4vN6lXKh4jt7VQYfjva SEASON 5 SPONSORS: Lens: https://www.lens.xyz/Quests: https://quests.com/Livepeer: https://livepeer.org/Lore: https://lore.xyz/ LINKS:Website: https://rehashweb3.xyzSubstack: https://rehashweb3.substack.comMirror: https://rehash.mirror.xyzLenstube: https://lenstube.xyz/channel/rehash.lensTwitter: https://twitter.com/rehashweb3Instagram: https://instagram.com/rehashweb3TikTok: https://tiktok.com/@rehashweb3Discord: https://discord.gg/9mrS8PmRh4 DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.
It all started for Elena when she attended a dining event where the only topic was ETH. As an experienced engineer, not knowing what was being discussed got her interested, which led to her first ETH hackathon where she had her first contact with some big names broadening her horizons. From then on, being a blockchain evangelist, her interest in privacy and zkRollups led her to found Iron Fish, an encrypted end-to-end decentralized open-source L1.Time Stamps00:00 to 10:17 - Who's Elena10:17 to 16:30 - Privacy16:30 to 23:02 - Can we still have privacy?23:02 to 31:05 - Privacy Ownership31:05 to 32:40 - zkProofs32:40 to 35:40 - Ironfish35:40 to 39:32 - PoW39:32 to 42:57 - Incentivization42:57 to 45:58 - VC's45:58 to 56:10 - Tokens56:10 to 60:15 - Interacting and Use Cases60:15 to 61:36 - Token-Gated Cryptography61:36 to 68:48 - Compliance68:48 to 73:10 - Rounding OffGuest LinksWebsite: https://ironfish.network/Twitter: https://twitter.com/ironfishcryptoElena Twitter: https://twitter.com/leanthebeanDiscord: https://discord.com/invite/EkQkEcm8DHUseful Links Based On ConversationProtocol Labs: https://protocol.ai/MakerDAO: https://makerdao.com/en/Livepeer: https://livepeer.org/Monero: https://www.getmonero.org/Flux: https://runonflux.io/Helium: https://www.helium.com/GlossaryzK-Proofs: Zero-Knowledge Proofs, a cryptographic method that allows one party to prove to another that a statement is true without revealing any information beyond the statement itself.Miners: nodes on a blockchain network that perform the computational work required to validate and confirm transactions and add new blocks to the blockchain.Validators: nodes on a Proof-of-Stake (PoS) blockchain network that are responsible for validating and verifying transactions and adding new blocks to the blockchain.Nodes: individual computers or devices that participate in a blockchain network and maintain a copy of the blockchain ledger.Podcast Host: BunzyTwitter: https://twitter.com/0xBunzyBlockTalk || Pineapple WorkshopWebsite: https://pineappleworkshop.com/Twitter: https://twitter.com/poweredby_pwDiscord: https://discord.gg/geNCbMYsZY
Mint Season 7 Episode 24 is a pre-recorded fireside chat at ETHDenver with myself and Shannon Wells from Livepeer who interviewed me on my thoughts spanning the web3 creator economy. Our conversation covers the definition of the web3 creator economy, the tools having the biggest impact on it, and the importance of building a strong community. We also discuss the different platforms and chains I use for my podcast's NFT giveaways, the evolution of the creator economy beyond digital art, and how web2 companies and brands are entering the crypto-enabled creator economy space. Finally, I suggest building a web3-native podcast player at the hackathon and using tools like Bello to succeed on your crypto journey.I hope you enjoy our conversation.Additional ResourcesShannon's TwitterLivepeerEpisode Transcript---------------------------------------------------------------------------Claim Season 7 NFThttps://adamlevy.io/nft/---------------------------------------------------------------------------Support Season 7's NFT Sponsors
Eric Tang is a co-founder of Livepeer and Livepeer Studio. He has been working in the blockchain space since 2016, and in the software industry since 2006. He is a graduate of Carnegie Mellon University, where he studied Computer Engineering and Physics. Previously, Eric was co-founder and CTO of Wildcard.Connect with Behind Company Lines and HireOtter Website Facebook Twitter LinkedIn:Behind Company LinesHireOtter Instagram Buzzsprout
You can't decentralize the web. At best, you can kill old winners and pick new ones. Here's how. Originally published in November 2021 here. Subscribe to Dror's newsletter on DrorPoleg.com. The web is broken. A handful of companies dominates it: Google (and Baidu) tracks all our queries, Facebook (and Tencent) monitors our social interactions, Twitter (and Weibo) decides what we're allowed to share, Amazon (and Alibaba) dominates retail, etc. Above these corporate giants, governments from Beijing to D.C. encroach on the free flow of information in the name of "social harmony" or "public health." Crypto and blockchain-based applications aim to steer the web toward its original vision: an open network, based on public-domain protocols, controlled by no one. It promises to enable "decentralized" alternatives to the tech and government giants we all know and love. This effort can be divided into two main fronts: Decentralized Utility and Decentralized Ownership. Decentralized Utility aims to provide online services without relying on a centralized system. For example, instead of storing your files on server farms owned by Amazon (AWS) or Microsoft (Azure), you can store them on Arweave, Storj, Filecoin. The latter will keep your files encrypted on a network of computers governed by a protocol that cannot be stopped or altered by any individual entity. Decentralized Ownership aims to share the ownership and governance of digital platforms with their users and stakeholders. Mirror, for example, enables writers to publish their content online, monetize it, as well as own a piece of the publishing platform itself and vote on how it is operated. Helium and Livepeer operate networks of wireless hotspots and video streaming infrastructure. These networks are maintained and secured by users who own specific tokens that compensate them for their services and enable them to participate in governance. These crypto projects are still small and experimental. They point towards an alternative way of building, maintaining, and marketing the type of services that giant, centralized corporations currently provide. But decentralizing one class of internet companies does not guarantee that a new class of centralized giants will not emerge in their stead. In fact, decentralizing power from one pair of hands is almost guaranteed to concentrate that power in another pair of hands. A powerful theory and the history of the internet itself explain why. Let's start with the theory.
Today I'm speaking with Suhail Kakar, a Developer Advocate Engineer at Livepeer. You have likely already come across Suhail's work either on Twitter, through his blog, or through his newsletter. Suhail is a content machine, regularly producing Tweets, illustrations, and articles that explain Web3 and empower devs to build the next generation of dapps. During our discussion, Suhail talks about his background and his work at Livepeer, his perspectives on dapps and the Web3 stack, and then we talk about his enthusiasm for different projects, such as Lens Protocol and, of course, The Graph. Show NotesThe GRTiQ Podcast takes listeners inside The Graph (GRT) by interviewing members of The Graph's community and ecosystem. Please help support this project and build the community by subscribing and leaving a review.Twitter: GRT_iQwww.GRTiQ.com
In this episode of Crypto 101, we talk to Doug Petkanics of Livepeer which is a back end video infrastructure technology that hopes to be leveraged and become the next level YouTube, Twitch, and Vimeo via the blockchain. Integrating web3 into the viral content game is the vision as leveraging NFTs and tokenizing content is going to bring more opportunity for the content creators as well as the consumer. We finish with an engaging censorship discussion as there is so much to learn with how platforms enforce their rules today like how Elon Musk is taking over Twitter and implementing changes quickly. Guest Links:https://twitter.com/petkanicshttps://twitter.com/LivepeerShow Links:https://CRYPTO101podcast.com Social Media:https://www.youtube.com/channel/UCtTBOezgZJ2yxXCio4TIMsAhttps://twitter.com/Crypto101Podhttps://twitter.com/BrycePaul101https://instagram.com/crypto_101 Facebook:https://www.facebook.com/groups/101Cryptohttps://www.facebook.com/CRYPTO101Podcast **THIS IS NOT FINANCIAL OR LEGAL ADVICE**© Copyright 2022 Boardwalk Flock, LLC All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Fog by DIZARO https://soundcloud.com/dizarofrCreative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZAROMusic promoted by Audio Library https://youtu.be/lAfbjt_rmE8▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Today I'm speaking with Nico Vergauwen, Founder at Tenderize, a liquid staking solution for Web3 middleware. Prior to launching Tenderize, Nico worked as a protocol engineer at Livepeer, launched Livepool (a precursor to Tenderize), and worked as a consultant.Tenderize has garnered a lot of attention recently within The Graph ecosystem and throughout Web3. As you will hear, Tenderize specializes in offering liquidity to those who stake their tokens in middleware projects.During our discussion, Nico talks about his background and entry into Web3, his time at Livepeer and where the idea for Tenderize was born, and then we talk extensively about how Tenderize works and how Delegators at The Graph could use it.Show NotesThe GRTiQ Podcast takes listeners inside The Graph (GRT) by interviewing members of The Graph's community and ecosystem. Please help support this project and build the community by subscribing and leaving a review.Twitter: GRT_iQwww.GRTiQ.com
Adam Soffer, Product Engineering Lead at Livepeer, joined us for an episode of 15-minute fundamentals to dive into the details behind the charts available on Token Terminal. Livepeer is a decentralized video streaming network built on the Ethereum blockchain. Livepeer's dashboard: https://tokenterminal.com/terminal/projects/livepeer Livepeer: https://livepeer.org/ Twitter: https://twitter.com/Livepeer Adam's Twitter: https://twitter.com/adamSoffer Make sure to leave a comment if you have any questions
Today's episode is a special edition of the GRTiQ Podcast, split into 2 parts. The first part of the episode is a full-length interview recorded live on the main stage during Graph Hack on June 3, 2022. The two guests of the podcast are Yondon Fu, Co-Founder and Director of Engineering at Livepeer, and Sebastian Siemssen, Co-Founder and CTO at Enzyme Finance. Both Yondon and Sebastian are also members of The Graph Council. During our discussion, we explore a lot of interesting topics, including the state of dApp development, the Web3 stack, unexplored opportunities for dApp developers, and so much more! The second part of the episode consists of a handful of short interviews recorded backstage during Graph Day on June 2, 2022. During this part of the episode, you will hear from several former guests of the podcast, including Tegan Kline, Kyle Rojas, Cami Ramos Garzon, Chris Ewing, Eva Beylin, Derek Meyer (DataNexus), and Zac Burns. And I'm also pleased to include a brief interview backstage with the Founder and CEO of Messari, Ryan Selkis, where we talk about the exciting news announced during Graph Day that Messari will be joining the ecosystem as a Core Subgraph Developer. As you will hear during the live interview with Yondon and Sebastian, the sound crew had a few issues getting the recording started, but it's a temporary issue and only lasts during the first 4 minutes of the interview. Show NotesThe GRTiQ Podcast takes listeners inside The Graph (GRT) by interviewing members of The Graph's community and ecosystem. Please help support this project and build the community by subscribing and leaving a review.Twitter: GRT_iQwww.GRTiQ.com
In this episode of Exploring Solana with Jupiter, Harry Zhang talks about the Project Galaxy and how it makes the whole content economy fairer for content creators. Together with your host, Ben Chow, listen and learn how Web3 technology and the infrastructure with blockchain finally find a way to build this permissionless, open, and collaborative network to store the users' data. Definition of terms:Cryptocurrency - an encrypted data string that denotes a unit of currencySolana - fastest blockchain in the world and the fastest growing ecosystem in crypto, with thousands of projects spanning DeFi, NFTs, Web3 and moreJupiter - is the key swap aggregator and infrastructure on Solana, giving you the best price swaps for any token.NFT - are unique cryptographic tokens that exist on a blockchain and cannot be replicated; can represent real-world items like artwork and real estate.Project Galaxy - the largest Web3 credential data network in the world. Built on open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage credential data to build better products and communities. DLive - the largest live streaming community on the blockchain. The Bear Market - is a collection of 10000 programmatically, randomly-generated NFT bears on the Zilliqa blockchain. Web3 technology- Web3 and cryptocurrencies run on what are called “permissionless” blockchains, which have no centralized control and don't require users to trust — or even know anything about — other users to do business with them. Ethereum - the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications. OG - slang for a founder of any early crypto blockchain such as Vitalik Buterin, who invented Ethereum. A crypto OG can also refer to an early investor in Bitcoin or Ethereum. AMA - used by people who are opening themselves up for a session where the community can ask any kind of question. Many NFT projects hold live AMA sections regularly to keep up the engagement with their NFT holders.LPT - an Ethereum token that powers the Livepeer network, a platform for decentralized video streaming.Whales - individuals or institutions that hold large amounts of coins of a certain cryptocurrency.Episode timeline:[0:00-0:39] Intro[1:26-3:24] Introducing the guest and Project Galaxy[3:36-6:30] Importance of Credential Data[7:13-9:52] People being driven on the project [10:18-13:08] Aspect of Delivery to People[14:53-17:48 ] Credential programs [18:09-19:48] Different types of users[22:00-23:56] On large user bases[24:20-26:13] Deeper structure offers[26:20-29:17] Issues encountered[29:00-32:21] Learning about Solana via campaign[33:00-34:30] GAL tokens[34:30-40:53] Public data[43:37-43:52] OutroFollow Harry Zhang on Twitter:harryzhangzFor more information on Jupiter please visit:Website : jup.ag/Podcast: podcast.jup.agTwitter : twitter.com/JupiterExchange
This week we discuss some of the news from the NAB Show, detail some of the products and services we saw on the exhibit floor and talk about the hottest topics discussed at the Streaming Summit. We also detail attendee numbers, some of the NAB's plans for the new show in NYC in October, how engineering teams are building out video applications and what the future of the media business looks like.Companies, and services mentioned: Meta, Agora, FOX Sports, LaLiga, Hulu, Sling TV, Netflix, HBO Max, Eluvio, Livepeer, Brightcove, Mux.Questions or feedback? Contact: dan@danrayburn.com
Livepeer Toad has today released a new website on Livepeer LPT and Crypto News.
Today on the Ether we have the Akash Weekly space chatting about the NEXT Video Hackathon with Livepeer and Skynet Labs. You'll hear from Daniel Giles Helm, Merefox.eth, Alani Kuye, and more! Recorded on April 20th 2022. Make sure to check out our sponsors, Orbital Command, Luart, Talis, and Intern Capital! We appreciate their support.
Doug Petkanics is co-founder of Livepeer, a decentralized video processing service that utilizes unused video processing space. We talk about troubling developments in regulation that are seeking to put pressure on peer-to-peer systems like non-custodial wallets, how a service like Livepeer is seeking to sidestep those issues and how the vision for web3 deservedly faces criticism today but is aiming for real change. More on Livepeer Doug on Twitter More on the troubling developments in Canada
幻冬舎の暗号資産（仮想通貨）/ブロックチェーン専門メディア「あたらしい経済 https://www.neweconomy.jp/ 」がおくる、Podcast番組です。平日毎日最新ニュース解説をお届けします。 ○解説したニュース ・スイスのシグナム銀行が約100億円を調達、機関投資家向けWeb3プロダクトを開発へ ・Web3ブラウザ「ブレイブ」、5,000万MAUを突破 ・イーサリアム基盤の分散型ビデオストリーミングLivepeer、約23億円調達 ・サイバード、アニモカブランズらとブロックチェーンサッカーゲーム開発へ ・アニモカ、BSC、ポリゴンら、NFTデータアグリゲーターCryptoSlamへ約10億円出資 ・サムスンUS、カルダノ採用ブロックチェーンで植林活動を管理。veritreeと提携 ○番組スポンサー この番組は株式会社フィナンシェ、株式会社モバイルファクトリーの提供で送りします。 ・株式会社フィナンシェ 「FiNANCiE（フィナンシェ）」は、スポーツチームや個人のトークンを購入して支援ができる、ブロックチェーン活用の新しいクラウドファンディング・サービス。サッカーJリーグ、野球、バスケ、アイスホッケー、卓球などのプロスポーツチームのトークンを中心に、100以上のプロジェクトのトークンがフィナンシェで購入できます。さらにトークン購入者はプロジェクトに応じたキャンペーン参加や特典も。 ぜひiOSやAndroidで「FiNANCiE」のスマホアプリを入れて、新たな応援体験を味わってください。 「あなたの夢が、みんなの財産になる」FiNANCiE →App Store（対応OS：iOS 12.0以上） →Google Play（対応OS：Android 6.0以上） apps.apple.com/jp/app/financie/id1470196162 play.google.com/store/apps/detail…p.financie.ichiba ・株式会社モバイルファクトリー 「ユニマ」はモバイルファクトリー運営の日本円決済可能なNFTマーケットプレイスです。 イーサリアムに対応しており、NFTの販売はもちろん、事業者にNFT販売の仕組みを技術提供するSaaS事業も展開中。 日本円であなたのNFTを買い取る新サービス、「ユニマNFT買取（β版）」もスタートしました。 ぜひNFTをはじめるなら「ユニマ」の各種サービスをチェック！ →NFTマーケットプレイス「ユニマ」 （ market.uniqys.net/） →NFTの買取は「ユニマ買取」 （kaitori.uniqys.net/） ○関連リンク ニュースの詳細や、アーカイブやその他の記事はこちらから www.neweconomy.jp/
Eric Tang LinkedIn profileThe Livepeer project The Livepeer service---------------------------------------------------Join our LinkedIn Group so that you can get the latest video insider news and participate in the discussion.Email thevideoinsiders@beamr.com to be a guest on the show.Learn more about Beamr
In this episode of Blockchain Innovators, Conor Svensson, founder and CEO of Web3 Labs, talks to Doug Petkanics, CEO & founder of Livepeer, a decentralized video streaming network. In the conversation Doug discusses why Livepeer is such a critical piece of infrastructure not just for the Web3, but also Web2 companies, especially those who aren't at the scale of Amazon or Google. He also talks about how Livepeer has managed to tap into an almost endless supply of GPUs to power the network's transcoding thanks to cryptocurrency miners and how streaming video can work alongside NFTs for creators.Doug's been immersed in the blockchain ecosystem for the past five years, and we know you'll enjoy hearing his perspective on where we're heading with the Web3.0.You can watch this podcast here.
Today's blockchain and cryptocurrency news Brought to you by ungrocery.com Bitcoin is up slightly at $63,690 Ethereum is up slightly at $4,619 and Binance Coin down slightly at $630 IoTeX up 31% Livepeer up 24% crypto.com chain up 20% The SEC rejects VanEck's Spot Bitcoin ETF proposal Bitcoin's Taproot upgrade activates this weekend. Sotheby's will feature real-time bids in Ethereum for Banksy auction. AMC theaters will accept Bitcoin, Ether Bitcoin Cash, and Litecoin Bakkt reports a $28.8M net loss across the third quarter.
$SDT | Opyn | Trading Options in DeFi | What is Livepeer? | What is Arbitrage?
The Faultline Podcast is an audio companion to Rethink Technology Research's Faultline service, a weekly news service that examines the video market – focused on Pay TV, OTT, SVoD, and the technology that supports them. Occasionally, our Rethink TV research wing stops by, to talk about upcoming forecasts and macroeconomic trends we're seeing. Hosted by Alex Davies, Tommy Flanagan, and Rafi Cohen, The Faultline Podcast hits the most important points from the last week's news. If you're in the business world and deal with video content, Faultline is a service you'll want to pay attention to. Find out more at: https://rethinkresearch.biz/product/faultline/ We're on Twitter too: https://twitter.com/_Faultline_ And LinkedIn: https://www.linkedin.com/showcase/faultline/ And YouTube! - https://www.youtube.com/channel/UCgGzAgB9b1I4KiWIQ4gcvAQ
Today's blockchain and cryptocurrency news Brought to you by ungrocery.com Bitcoin is up .5% at $41,690 Ethereum is up 1% at $2,599 and Binance Coin is up 1% at $341 Quant Network up 27% SiaCoin up 19% The Graph up 15% Federal Reserve Governor Lael Brainard said the US has to have a digital dollar Goldentree asset management may have been adding undisclosed bitcoin to its balance sheet. Livepeer raises $20M to take on video streaming platform giants. The US Marshals pick anchorage digital for custody. Luxor technologies launched an index for crypto mining stocks.
Today's blockchain and cryptocurrency news Brought to you by ungrocery.com Bitcoin is down 1% at $38,835 Ethereum is down .5% at $2,342 and Binance Coin is down slightly at $309 Flow up 48% Livepeer up 36% Stacks up 15% Regulators in Malaysia order Binance to disable website/mobile apps in the country. Robinhood's historic IPO. Stoner Cats debut catnip for NFT fans. Loda secures $15M for first institutional liquidity pools.
In this episode, we spoke to Adam Soffer, a Software Engineer and Designer at Livepeer, a decentralized video streaming network built on the Ethereum blockchain. Livepeer was one of the first 10 subgraphs to recently migrate from the hosted service to the mainnet. Our conversations covers many topics, including Adam's professional and educational background, his entry into crypto, what Livepeer is and how it uses The Graph, the similarities between Livepeer and The Graph, and a very engaging discussion about subgraphs. Show NotesThe GRTiQ Podcast takes listeners inside The Graph by interviewing members of The Graph's community and ecosystem. Will you help support this project and build the community by subscribing and leaving a review on Apple Podcasts?Twitter: GRT_iQwww.GRTiQ.com
About Nader DabitNader Dabit is a web and mobile developer, author, and Developer Relations Engineer building the decentralized future at Edge and Node. Previously, he worked as a Developer Advocate at AWS Mobile working with projects like AWS AppSync and AWS Amplify. He is also the author and editor of React Native in Action and OpenGraphQL.Nader Dabit Twitter: @dabit3Edge and Node Twitter: @edgeandnodeGraph protocol Twitter: @graphprotocolEdge and Node: edgeandnode.com Everest: everest.link YouTube: YouTube.com/naderdabitWhat is Web3? The Decentralized Internet of the Future ExplainedWatch this episode on YouTube: https://youtu.be/pSv_cCQyCPQ This episode is sponsored by CBT Nuggets and Fauna. TranscriptJeremy: Hi everyone. I'm Jeremy Daly and this is Serverless Chats. Today I am joined again by Nader Dabit. Hey Nader, thanks for joining me.Nader: Hey Jeremy. Thanks for having me.Jeremy: You are now a developer relations engineer at Edge & Node. I would love it if you could tell the listeners a little bit about yourself. I think a lot of people probably know you already, but a little bit about your background and then what Edge & Node is.Nader: Yeah, totally. My name is Nader Dabit like you mentioned, and I've been a developer for about, I guess, nine or ten years now. A lot of people might know me from my work with AWS, where I worked with the Amplify team with the front end web and mobile team, doing a lot of full stack stuff there as well as serverless. I've been working as a developer relations person, developer advocate, actually, leading the front end web and mobile team at AWS for a little over three years I was there. I was a manager for the last year and I became really, really interested in serverless while I was there. It led to me writing a book, which is Full Stack Serverless. It also just led me down the rabbit hole of managed services and philosophy and all this stuff.It's been really, really cool to learn about everything in the space. Edge & Node is my next step, I would say, in doing work and what I consider maybe a serverless area, but it's an area that a lot of people might not associate with the traditional, I would say definition of serverless or the types of companies they often associate with serverless. But Edge & Node is a company that was spun off from a team that created a decentralized API protocol, which is called the Graph protocol. And the Graph protocol started being built in 2017. It was officially launched in a decentralized way at the end of 2020. Now we are currently finalizing that migration from a hosted service to a decentralized service actually this month.A lot of really exciting things going on. We'll talk a lot about that and what all that means. But Edge & Node itself, we do support the Graph protocol, that's part of what we do, but we also build out decentralized applications ourselves. We have a couple of applications that we're building as engineers. We're also doing a lot of work within the Web3 ecosystem, which is known as the decentralized web ecosystem by investing in different people and companies and supporting different things and spreading awareness around some of the things that are going on here because it does have a lot to do with maybe the work that people are doing in the Web2 space, which would be the traditional webspace, the space that I was in before.Jeremy: Right, right. Here I am. I follow you on Twitter. Love the videos that you do on your YouTube channel. You're like a shining example of what a really good developer relations dev advocate is. You just produce so much content, things like that, and you're doing all this stuff on serverless and I'm loving it. And then all of a sudden, I see you post this thing saying, hey, I'm leaving AWS Amplify. And you mentioned something about blockchain and I'm like, okay, wait a minute. What is this that Nader is now doing? Explain to me this, or maybe explain to me and hopefully the audience as well. What is the blockchain have to do with this decentralized applications or decentralized, I guess Web3?Nader: Web3 as defined by definition, what you might see if you do some research, would be what a lot of people are talking about as the next evolution of the web as we know it. In a lot of these articles and stuff that people are trying to formalize ideas and stuff, the original web was the read-only web where we were not creators, the only creators were maybe the developers themselves. Early on, I might've gone and read a website and been able to only interact with the website by reading information. The current version that we're currently experiencing might be considered as Web2 where everyone's a creator. All of the interfaces, all of the applications that we interact with are built specifically for input. I can actually create a comment, I can upload a video, I can share stuff, and I can write to the web. And I can read.And then the next evolution, a lot of people are categorizing, yes, is Web3. It's like taking a lot of the great things that we have today and maybe improving upon those. A lot of people and everyone kind of, this is just a really, a very old discussion around some of the trade-offs that we currently make in today's web around our data, around advertising, around the way a lot of business models are created for monetization. Essentially, they all come down to the manipulation of user data and different tricks and ways to steal people's data and use that essentially to create targeted advertising. Not only does this lead to a lot of times a negative experience. I just saw a tweet yesterday that resonated a lot with me that said, "YouTube is no longer a video platform, it's now an ad platform with videos in between." And that's the way I feel about YouTube. My kids ...Jeremy: Totally.Nader: ... I have kids that use YouTube and it's interesting to watch them because they know exactly what to do when the ads come up and exactly how to time it because they're used to, ads are just part of their experience. That's just what they're used to. And it's not just YouTube, it's every site that's out there, that's a social site, Instagram, LinkedIn. I think that that's not the original vision that people had, right, for the web. I don't think this was part of it. There have been a lot of people proposing solutions, but the core fundamental problem is how these applications are engineered, but also how the applications are paid for. How do these companies pay for developers to build. It's a really complex problem that, the simplest solution is just sell ads or maybe create something like a developer platform where you're charging a weekly or monthly or yearly or something like that.I would say a lot of the ideas around Web3 are aiming to solve this exact problem. In order to do that you have to rethink how we build applications. You have to rethink how we store data. You have to rethink about how we think about identity as well, because again, how do you build an application that deals with user data without making it public in some way? Right? How do we deal with that? A lot of those problems are the things that people are thinking about and building ways to address those in this decentralized Web3 world. It became really fascinating to me when I started looking into it because I'm very passionate about what I'm doing. I really enjoy being a developer and going out and helping other people, but I always felt there was something missing because I'm sitting here and I love AWS still.In fact, I would 100% go back and work there or any of these big companies, right? Because you can't really look at a company as, in my opinion, a black or white, good or bad thing, there's companies are doing good things and bad things at the same time. For instance, at AWS, I would meet a developer, teach them something at a workshop, a year later they would contact me and be like, hey, I got my first job or I created a business, or I landed my first client. So you're actually helping improve people's lives, at the same time you're reading these articles about Amazon in the news with some of the negative stuff going on. The way that I look at it is, I can't sit there and say any company is good or bad, but I felt a lot of the applications that people were building were also, at the end goal when you hear some of these VC discussions or people raising money, a lot of the end goal for some of the people I was working with were just selling advertising.And I'm like, is this really what we're here to do? It doesn't feel fulfilling anymore when you start seeing that over and over and over. I think the really thing that fascinated me was that people are actually building applications that are monetized in a different way. And then I started diving into the infrastructure that enabled this and realized that there was a lot of similarities between serverless and how developers would deploy and build applications in this way. And it was the entry point to my rabbit hole.Jeremy: I talked to you about this and I've been reading some of the stuff that you've been putting out and trying to educate myself on some of this. It seems very much so that show Silicon Valley on HBO, right? This decentralized web and things like that, but there's kind of, and totally correct me if I'm wrong here, but I feel there's two sides of this. You've got one side that is the blockchain, that I think some people are familiar with in the, I guess in the context of cryptocurrency, right? This is a very popular use of the blockchain because you have that redundancy and you have the agreement amongst multiple places, it's decentralized. And so you have that security there around that. But there's other uses for the blockchain as well.Especially things like banking and real estate and some of those other use cases that I'd like to talk about. And then there's another side of it that is this decentralized piece. Is the decentralized piece of it like building apps? How is that related to the blockchain or are those two separate things?Nader: Yeah, absolutely. I'm a big fan of Silicon Valley. Working in tech, it's almost like every single episode resonates with you if you've been in here long enough because you've been in one of those situations. The blockchain is part of the discussion. Crypto is part of the discussion, and those things never really interested me, to be honest. I was a speculator in crypto from 2015 until now. It's been fun, but I never really looked at crypto in any other way other than that. Blockchain had a really negative, I would say, association in my mind for a long time, I just never really saw any good things that people were doing with it. I just didn't do any research, maybe didn't understand what was going on.When I started diving into it originally what really got me interested is the Graph protocol, which is one of the things that we work on at Edge & Node. I started actually understanding, why does this thing exist? Why is it there? That led me to understanding why it was there and the fact that 90% of dApps, decentralized apps in the Ethereum ecosystem are using it. And billions of queries, companies with billions of dollars in transactions are all using this stuff. I'm like, okay, this whole world exists, but why does it exist? I guess to give you an example, I guess we can talk about the Graph protocol. And there are a lot of other web, I would say Web3 or decentralized infrastructure protocols that are out there that are similar, but they all are doing similar things in the sense of how they're actually built and how they allow participation and stuff like that.When you think of something like AWS, you think of, AWS has all of these different services. I want to build an app, I need storage. I need some type of authentication layer, maybe with Cognito, and then maybe I need someplace to execute some business logic. So maybe I'll spin up some serverless functions or create an EC2 instance, whatever. You have all these building blocks. Essentially what a lot of these decentralized protocols like the Graph are doing, are building out the same types of web infrastructure, but doing so in a decentralized way. Why does that even matter? Why is that important? Well, for instance, when you live, let's say for example in another country, I don't know, in South America and outside the United States, or even in the United States in the future, you never know. Let's say that you have some application and you've said something rude about maybe the president or something like that.Let's say that for whatever reason, somebody hacks the server that you're dealing with or whatever, at the end of the day, there is a single point of failure, right? You have your data that's controlled by the cloud provider or the government can come in and they can have control over that. The idea around some of, pretty much all of the decentralized protocols is that they are built and distributed in a way that there is no single point of failure, but there's also no single point of control. That's important when you're living in areas that have to even worry about stuff like that. So maybe we don't have to worry about that as much here, but in other countries, they might.Building something like a server is not a big deal, right? With AWS, but how would you build a server and make it available for anyone in the world to basically deploy and do so in a decentralized way? I think that's the problem that a lot of these protocols are trying to solve. For the Graph in particular, if you want to build an application using data that's stored on a blockchain. There's a lot of applications out there that are basically using the blockchain for mainly, right now it's for financial, transactional reasons because a lot of the transactions actually cost a lot of money. For instance, Uniswap is one of these applications. If you want to basically query data from a blockchain, it's not as easy as querying data from a traditional server or database.For us we are used to using something like DynamoDB, or some type of SQL database, that's very optimized for queries. But on the blockchain, you're basically having these blocks that add up every time. You create a transaction, you save it. And then someone comes behind them and they save another transaction. Over time you build up this data that's aggregated over time. But let's say you want to hit that database with the, quote-unquote, database with a query and you want to retrieve data over time, or you want to have some type of filtering mechanism. You can't do that. You can't just query blockchains the way you can from a regular database. Similar to how a database basically indexes data and stores it and makes it efficient for retrieval, the Graph protocol basically does that, but for blockchain data.Anyone that wants to build an application, one of these decentralized apps on top of blockchain data has a couple of options. They can either build their own indexing server and deploy it to somewhere like AWS. That takes away the whole idea of decentralization because then you have a single point of failure again. You can query data directly from the blockchain, from your client application, which takes a very long time. Both of those are not, I would say the most optimal way to build. But also if you're building your own indexing server, every time you want to come up with a new idea also, you have to think about the resources and time that go into it. Basically, I want to come up with a new idea and test it out, I have to basically build a server index, all this data, create APIs around it. It's time-intensive.What the Graph protocol allows you to do is, as a developer you can basically define a subgraph using YAML, similar to something like cloud formation or a very condensed version of that maybe more Serverless Framework where you're defining, I want to query data from this data source, and I want to save these entities and you deploy that to the network. And that subgraph will basically then go and look into that blockchain. And will look for all the transactions that have happened, and it will go ahead and save those and make those available for public retrieval. And also, again, one of the things that you might think of is, all of this data is public. All of the data that's on the blockchain is public.Jeremy: Right. Right. All right. Let me see if I could repeat what you said and you tell me if I'm right about this. Because this was one of those things where blockchain ... you're right. To me, it had a negative connotation. Why would you use the blockchain, unless you were building your own cryptocurrency? Right. That just seemed like that's what it was for. Then when AWS comes out with QLDB or they announced that or whatever it was. I'm like, okay, so this is interesting, but why would you use it, again, unless you're building your own cryptocurrency or something because that's the only thing I could think of you would use the blockchain for.But as you said, with these blockchains now, you have highly sensitive transactions that can be public, but a real estate transaction, for example, is something really interesting, where like, we still live in a world where if Bank of America or one of these other giant banks, JPMorgan Chase or something like that gets hacked, they could wipe out financial data. Right? And I know that's backed up in multiple regions and so forth, but this is the thing where if you're doing some transaction, that you want to make sure that transaction lives forever and isn't manipulated, then the blockchain is a good place to do that. But like you said, it's expensive to write there. But it's even harder to read off the blockchain because it's that ledger, right? It's just information coming in and coming in.So event storming or if you were doing event sourcing or something that, it's that idea. The idea with these indexers are these basically separate apps that run, and again, I'm assuming that these protocols, their software, and things that you don't have to build this yourself, essentially you can just deploy these things. Right? But this will read off of the blockchain and do that aggregation for you and then make that. Basically, it caches the blockchain. Right? And makes that available to you. And that you could deploy that to multiple indexers if you wanted to. Right? And then you would have access to that data across multiple providers.Nader: Right. No single point of failure. That's exactly right. You basically deploy a very concise configuration file that defines how you want your data stored and made available. And then it goes, and it just starts at the very beginning and it queries all those blocks or reads all those blocks, saves the data in a database, and then it keeps up with additional new updates. If someone writes a new transaction after that, it also saves that and makes it available for efficient retrieval. This is just for blockchain data. This is the data layer for, but it's not just a blockchain data in the future. You can also query from IPFS, which is a file storage layer, somewhat S3. You can query from other chains other than Ethereum, which is kind of like the main chamber.In the future really what we're hoping to have is a complete API on top of all public data. Anybody that wants to have some data set available can basically deploy a subgraph and index it and then anyone can then essentially query for it. It's like when you think of public data, we're not really used to thinking of data in this way. And also I think a good thing to talk about in a moment is the types of apps that you can build because you wouldn't want to store private messages on a blockchain or something like that. Right? The types of apps that people are building right now at least are not 100% in line with everything. You can't do everything I would say right now in Web3 that you can do in Web2.There are only certain types of applications, but those applications that are successful seem to be wildly successful and have a lot of people interested in them and using them. That's the general idea, is like you have this way to basically deploy APIs and the technology that we use to query is GraphQL. That was one of the reasons that I became interested as well. Right now the main data sources are blockchains like Ethereum, but in the future, we would like to make that available to other data sources as well.Jeremy: Right. You mentioned earlier too because there are apps obviously being built on this that you said are successful. And the problem though, I think right now, because I remember I speculated a little bit with Bitcoin and I bought a whole bunch of Ripple, so I'm still hanging on to it. Ripple XPR whatever, let's go. Anyways, but it was expensive to make a transaction. Right? Reading off of the blockchain itself, I think just connecting generally doesn't cost money, but if you're, and I know there's some costs with indexers and that's how that works. But in terms of the real cost, it's writing to the blockchain. I remember moving some Bitcoin at one point, I think cost me $30 to make one transaction, to move something like that.I can see if you're writing a $300,000 real estate transaction, or maybe some really large wire transfer or something that you want to record, something that makes sense where you could charge a fee of $30 or $40 in order to do that. I can't see you doing that for ... certainly not for web streaming or click tracking or something like that. That wouldn't make sense. But even for smaller things there might be writing more to it, $30 or whatever that would be ... seems quite expensive. What's the hope around that?Nader: That was one of the biggest challenges and that was one of the reasons that when I first, I would say maybe even considered this as a technology back in the day, that I would be considering as something that would possibly be usable for the types of applications I'm used to seeing. It just was like a no-brainer, like, no. I think right now, and that's one of the things that attracted me right now to some of the things that are happening, is a lot of those solutions are finally coming to fruition for fixing those sorts of things. There's two things that are happening right now that solve that problem. One of them is, they are merging in a couple of updates to the base layer, layer one, which would be considered something like Ethereum or Bitcoin. But Ethereum is the main one that a lot of the financial stuff that I see is happening.Basically, there are two different updates that are happening, I think the main one that will make this fee transactional price go down a little bit is sharding. Sharding is basically going to increase the number of, I believe nodes that are basically able to process the transactions by some number. Basically, that will reduce the cost somewhat, but I don't think it's ever going to get it down to a usable level. Instead what the solutions seem to be right now and one of the solutions that seems to actually be working, people are using it in production really recently, this really just started happening in the last couple of months, is these layer 2 solutions. There are a couple of different layer 2 solutions that are basically layers that run on top of the layer one, which would be something like Ethereum.And they treat Ethereum as the settlement layer. It's almost like when you interact with the bank and you're running your debit card. You're probably not talking to the bank directly and they are doing that. Instead, you have something like Visa who has this layer 2 on top of the banks that are managing thousands of transactions per second. And then they take all of those transactions and they settle those in an underlying layer. There's a couple different layer 2s that seem to be really working well right now in the Ethereum ecosystem. One of those is Arbitrum and then the other is I think Matic, but I think they have a different name now. Both of those seem to be working and they bring the cost of a transaction down to a fraction of a penny.You have, instead of paying $20 or $30 for a transaction, you're now paying almost nothing. But now that's still not cheap enough to probably treat a blockchain as a traditional database, a high throughput database, but it does open the door for a lot of other types of applications. The applications that you see building on layer one where the transactions really are $5 to $20 or $30 or typically higher value transactions. Things like governance, things like financial transactions, you've heard of NFTs. And that might make sense because if someone's going to spend a thousand bucks or 500 bucks, whatever ...Jeremy: NFTs don't make sense to me.Nader: They're not my thing either, the way they're being, I would say, talked about today especially, but I think in the future, the idea behind NFTs is interesting, but yeah, I'm in the same boat as you. But still to those people, if you're paying a thousand dollars for something then that 5 or 10 or 20 bucks might make sense, but it's not going to make sense if I just want to go to an e-commerce store and pay $5 for something. Right? I think that these layer 2s are starting to unlock those potential opportunities where people can start building these true financial applications that allow these transactions to happen at the same cost or actually a lot cheaper maybe than what you're paying for a credit card transaction, or even what those vendors, right? If you're running a store, you're paying percentages to those companies.The idea around decentralization comes back to this discussion of getting rid of the middleman, and a lot of times that means getting rid of the inefficiencies. If you can offload this business logic to some type of computer, then you've basically abstracted away a lot of inefficiencies. How many billions of dollars are spent every year by banks flying their people around the world and private jets and these skyscrapers and stuff. Now, where does that money come from? It comes from the consumer and them basically taking fees. They're taking money here and there. Right? That's the idea behind technology in general. They're like whenever something new and groundbreaking comes in, it's often unforeseen, but then you look back five years later and you're like, this is a no-brainer. Right?For instance Blockbuster and Netflix, there's a million of them. I don't have to go into that. I feel this is what that is for maybe the financial institutions and how we think about finance, especially in a global world. I think this was maybe even accelerated by COVID and stuff. If you want to build an application today, imagine limiting yourself to developers in your city. Unless you're maybe in San Francisco or New York, where that might still work. If I'm here in Mississippi and I want to build an application, I'm not going to just look for developers in a 30-mile radius. That is just insane. And I don't use that word mildly, it's just wild to think about that. You wouldn't do that.Instead, you want to look in your nation, but really you might want to look around the world because you now have things like Slack and Discord and all these asynchronous ways of doing work. And you might be able to find the best developer in the world for 25% or 50% of what you would typically find locally and an easy way to pay them might just be to just send them some crypto. Right? You don't have to go find out all their banking information and do all the wiring and all this other stuff. You just open your wallet, you send them the money and that's it. It's a done deal. But that's just one thing to think about. To me when I think about building apps in Web2 versus Web3, I don't think you're going to see the Facebook or Instagram use case anytime in the next year or two. I think the killer app for right now, it's going to be financial and e-commerce stuff.But I do think in maybe five years you will see someone crack that application for, something like a social media app where we're basically building something that we use today, but maybe in a better way. And that will be done using some off-chain storage solution. You're not going to be writing all these transactions again to a blockchain. You're going to have maybe a protocol like Graph that allows you to have a distributed database that is managed by one of these networks that you can write to. I think the ideas that we're talking about now are the things that really excite me anyway.Jeremy: Let's go back to GraphQL for a second, though. If you were going to build an app on top of this, and again, that's super exciting getting those transaction fees down, because I do feel every time you try to move money between banks or it's the $3 fee, if you go to a foreign ATM and you take money out of an ATM, they charge you. Everybody wants to take a cut somewhere along, and there's probably reasons for it, but also corporate jets cost money. So that makes sense as well. But in terms of the GraphQL protocol here, so if I wanted to build an application on top of it, and maybe my application doesn't write to the blockchain, it just reads from it, with one of these indexers, because maybe I'm summing up some financial transactions or something, or I've got an app we can look things up or whatever, I'm building something.I'm querying using the GraphQL, this makes sense. I have to use one of these indexers that's aggregating that data for me. But what if I did want to write to the blockchain, can I use GraphQL to do a mutation and actually write something to the blockchain? Or do I have to write to it directly?Nader: Yeah, that's actually a really, really good question. And that's one of the things that we are currently working on with the Graph. Right now if you want to write a transaction, you typically are going to be using one of these JSON RPC wallets and using some type of client library that interacts with the wallet and signs the transaction with the private key. And then that sends the transaction to the blockchain directly. And you're talking to the blockchain and you're just using something like the Graph to query. But I think what would be ideal and what we think would be ideal, is if someone could use a single technology, a single language, and a single abstraction to do everything, not only with reading and writing but also with subscriptions for real-time updates.That's where we think the whole idea for this will ultimately be, and that's what we're working on now. Right now you can only query. And if you want to write a transaction, you basically are still going to be using something like ethers.js or Web3 or one of these other libraries that allows you to sign a transaction using your wallet. But in the future and in fact, we're already building this right now as having an end-to-end GraphQL library that allows you to write transactions as well as read. That way someone just learns a single API and it's a lot easier. It would also make it easier for developers that are coming from a traditional web background to come in because there's a little bit of learning curve for understanding how to create one of these signed providers and write the transaction. It's not that much code, but it is a new way of thinking about things.Jeremy: Well I think both of us coming from the serverless space, we know that new way of thinking about things certainly can throw a wrench in the system when a new developer is trying to pick that stuff up.Nader: Yeah.Jeremy: All right. So that's the blockchain side of things with the data piece of it. I think people could wrap their head around that. I think it makes a lot of sense. But I'm still, the decentralized, the other things that you talked about. You mentioned an S3, something that's sort of an S3 type protocol that you can use. And what are some of the other ones? I think I've written some of them down here. Acash was one, Filecoin, Livepeer. These are all different protocols or services that are hosted by the indexers, or is this a different thing than the indexers? How does that work? And then how would you use that to save data, maybe save some blob, a blob storage or something like that?Nader: Let's talk about the tokenomics idea around how crypto fits into this and how it actually powers a protocol like this. And then we'll talk about some of those other protocols. How do people actually build all this stuff and do it for, are they getting paid for it? Is it free? How does that work and how does this network actually stay up? Because everything costs money, developers' time costs money, and so on and so forth. For something like the Graph, basically during the building phase of this protocol, basically, there was white papers and there was blog posts, and there was people in Discords talking about the ideas that were here. They basically had this idea to build this protocol. And this is a very typical life cycle, I would say.You have someone that comes up with an idea, they document some of it, they start building it. And the people that start building it are going to be basically part of essentially the founding team you could think of, in the sense of they're going to be having equity. Because at the end of the day, to actually launch one of these decentralized protocols, the way that crypto comes into it, there's typically some type of a token offering. The tokens need to be for a network like this, some type of utility token to keep the network running in the future. You're not just going to create some crypto and that's it like, right? I think that's the whole idea that I thought was going on when in reality, these tokens are typically used for powering the protocol.But let's say early on you have let's say 20 developers and they all build 5% of the system, whatever percentage that you want to talk about, whatever. Let's say you have these people helping out and then you actually build the thing and you want to go ahead and launch it and you have something that's working. A lot of times what people will do is they'll basically have a token offering, where they'll basically say, okay, let's go ahead and we're going to mint X number of tokens, and we're going to put these on the market and we're going to also pay these people that helped build this system, X number of tokens, and that's going to be their payment. And then they can go and sell those or keep those or trade those or whatever they would like to do.And then you have the tokens that are then put on the public market essentially. Once you've launched the protocol, you have to have tokens to basically continue to power the protocol and fund it. There are different people that interact with the protocol in different ways. You have the indexers themselves, which are basically software engineers that are deploying whatever infrastructure to something like AWS or GCP. These people are still using these cloud providers or they're maybe doing it at their house, whatever. All you basically need is a server and you want to basically run this indexer node, which is software that is open source, and you run this node. Basically, you can go ahead and say, okay, I want to start being an indexer and I want to be one of the different nodes on the network.To do that you basically buy some GRT, Graph Token, and in our case you stake it, meaning you are putting this money up to basically affirm that you are an indexer on the protocol and you are going to be accepting subgraph developers to deploy their subgraphs to your indexer. You stake that money and then when people use the API, they're basically paying money just like they might pay money to somewhere like API gateway or AppSync. Instead, they're paying money for their subgraph and that money is paid in GRT and it's distributed to the people in the ecosystem. Like me as a developer, I'm deploying the subgraph, and then if I have a million people using it, then I make some money. That's one way to use tokens in the system.Another way is basically to, as an outside person looking in, I can say, this indexer is really, really good. They know what they're doing. They're a very strong engineer. I'm going to basically put some money into their indexer and I'm basically backing them as an indexer. And then I will also share the money that comes in from the query fees. And then there are also people that are subgraph developers, which is the stuff that I've been working with mainly, where I can basically come up with a new API. I can be like, it'd be cool if I took data from this blockchain and this file system and merged it together, and I made this really cool API that people can use to build their apps with. I can deploy that. And basically, people can signal to this subgraph using tokens. And when people do that, they can say that they believe that this is a good subgraph to use.And then when people use that, I can also make money in that way. Basically, people are using tokens to be part of the system itself, but also to use that. If I'm a front end application like Uniswap and I want to basically use the Graph, I can basically say, okay, I'm going to put a thousand dollars in GRT tokens and I'm going to be using this API endpoint, which is a subgraph. And then all of the money that I have put up as someone that's using this, is going to be taken as the people start using it. Let's say I have a million queries and each query is one, 1000th of a cent, then after those million queries are up, I've spent $100 or something like that. Kind of similar to how you might pay AWS, you're now paying, you know, subgraph developers and indexers.Jeremy: Right. Okay. That makes sense. So then that's the payment method of that. So then these other protocols that get built on top of it, the Acash and Filecoin and Livepeer. So those ...Nader: They're all operating in a very similar fashion.Jeremy: Okay. All right. And so it's ...Nader: They have some type of node software that's run and people can basically run this node on some server somewhere and make it available as part of the network. And then they can use the tokens to participate. There's Filecoin for file storage. There's also IPFS, which is actually more of, it's a completely free service, but it's also not something that's as reliable as something like S3 or Filecoin. And then you have, like you mentioned, I believe Acash, which is a way to execute arbitrary code, business logic, and stuff like that. You have Ceramic Network, which is something that you can use for authentication. You have Livepeer which is something you use for live streaming. So you have all these ideas, these decentralized services fitting in these different niches.Jeremy: Right, right. Okay. So then now you've got a bunch of people. Now you mentioned this idea of, you could say, this is a good indexer. What about bad indexers? Right?Nader: That's a really good question.Jeremy: Yeah. You're relying on people to take data off of a public blockchain, and then you're relying on them to process it correctly and give you back good data. I'm assuming they could manipulate that data if they wanted to. I don't know why, but let's say they did. Is there a way to guarantee that you're getting the correct data?Nader: Yeah. That's a whole part of how the system works. There's this whole idea and this whole, really, really deep rabbit hole of crypto-economics and how these protocols are structured to incentivize and also disincentivize. In our protocol, basically, you have this idea of slashing and this is also a fairly known and used thing in the ecosystem and in the space. It's this idea of slashing. Basically, you incentivize people to go out and find people that are serving incorrect data. And if that person finds someone that's serving incorrect data, then the person that's serving the incorrect data is, quote-unquote, slashed. And that basically means that they're not only not going to receive the money from the queries that they were serving, but they also might lose the money that they put up to be a part of the network.I mentioned you have to actually put up money to deploy an indexer to the network, that money could also be at risk. You're very, very, very much so financially disincentivized to do that. And there's actually, again, incentives in the network for people to go and find those people. It's all-around incentives, game theory, and things like that.Jeremy: Which makes a ton of sense. That's good to know. You mentioned, you threw out the number, five years from now, somebody might build the killer app or whatever, they'll figure out some of these things. Where are we with this though? Because this sounds really early, right? There's still things that need to be figured out. Again, it's public data on the blockchain. How do you see this evolving? When do you think Web3 will be more accessible to the masses?Nader: Today people are actually building really, really interesting applications that are fitting the current technology stack, what are the things that you can build? People are already building those. But when you think about the current state of the web, where you have something like Twitter, or Facebook or Instagram, where I would say, especially maybe something like Facebook, that's extremely, extremely complex with a lot of UI interaction, a lot of private data, messages and stuff. I think to build something like that, yeah, it's going to be a couple of years. And then you might not even see certain types of applications being built. I don't think there is going to be this thing where there is no longer these types of applications. There are only these new types. I think it's more of a new type of application that people are going to be building, and it's not going to be a winner takes all just like in all tech in my opinion.I wouldn't say all but in many areas of tech where you're thinking of something as a zero-sum game where I don't think this is. But I do think that the most interesting stuff is around how Web3 essentially enables native payments and how people are going to use these native payments in interesting ways that maybe we haven't thought of yet. One of the ways that you're starting to see people doing, and a lot of venture capitalists are now investing in a lot of these companies, if you look at a lot of the companies coming out of YC and a lot of the new companies that these traditional venture capitalists are investing in, are a lot of TOMS crypto companies.When you think about the financial incentives, the things that we talked about early on, let's say you want to have the next version of YouTube and you don't want to have ads. How would that even work? Right? You still need to enable payments. But there's a couple of things that could happen there. Well, first of all, if you're building an application in the way that I've talked about, where you basically have these native payments or these native tokens that can be part of the whole process now, instead of waiting 10 years to do an IPO for an application that has been around for those 10 years and then paying back all his investors and all of those people that had been basically pulling money out their pockets to take part in.What if someone that has a really interesting idea and maybe they have a really good track record, they come out with a new application and they're basically saying, okay, if you want to own a piece of this, we're going to basically create a token and you can have ownership in it. You might see people doing these ICO's, initial coin offerings, or whatever, where basically they're offering portions of the company to anyone that wants to own it and then incentivizing people to basically use those, to govern how the application is built in the future. Let's say I own 1% of this company and a proposal is put up to do something new. I can basically say, I can use that portion of my ownership to vote on things. And then people that are speculating can say, this company is doing interesting things. I'm going to buy into it, therefore driving the price up or down.Kind of like the same way that you see the traditional stock market there, but without all of the regulation and friction that comes with that. I think that's interesting and you're already seeing companies doing that. You're not seeing the majority of companies doing that or anything like that, but you are starting to see those types of things happening. And that brings around the discussion of regulations. Is ... can you even do something like that in the United States? Well, maybe, maybe not. Does that mean people are going to start building these companies elsewhere? That's an interesting discussion as well. Right now if you want to build an application this way, you need to have some type of utility that these tokens are there for. You can't just do them purely on speculation, at least right now. But I think it's going to be interesting for sure, to watch.Jeremy: Right. And I think too that, I'm just thinking if you're a bank, right? And you maybe have a bunch of private transactions that you want to keep private. Because again, I don't even know how, I don't know how we get to private transactions on the blockchain. I could see you wanting to have some transactions that were public blockchain and some that were private and maybe a hybrid approach would make sense for some companies.Nader: I think the idea that we haven't really talked about at all is identity and how identity works compared to how we're used to identity. The way that we're used to identity working is, we basically go to a new website and we're like, this looks awesome. Let me try it out. And they're like, oh wait, we need your name, your email address, your phone number, and possibly your credit card and all this other stuff. We do that over and over and over, and over time we've now given our personal information to 500 people. And then you start getting these emails, your data has been breached, every week you get one of these emails, if you're someone like me, I don't know. Maybe I'm just signing up for too much stuff. Maybe not every week, but maybe every month or two. But you're giving out your personal data.But we're used to identity as being tied to our own physical name and address and things like that. But what if identity was something that was more abstract? And I think that that's the way that you typically see identity managed in Web3. When you're dealing with authentication mechanisms, one of the most interesting things that I think that is part of this whole discussion is this idea of a single sign-on mechanism, that you own your identity and you can transfer it across all the applications and no one else is in control of it. When you use something like an Ethereum wallet, like MetaMask, for example, it's an extension you can just download and put crypto in and basically make payments on the web with. When you create a wallet, you're given a wallet address. And the wallet address is basically created using public key cryptography, where basically you start with this private key, your public key is derived from the private key, and then your address is dropped from the public key.And when you send a transaction, you basically sign the transaction with your private key and you send your public key along with the transaction, and the person that receives that can decode the transaction with the public key to verify that that's who signed the transaction. Using this public key cryptography that only you can basically sign with your own address and your own password, it's all stored on the blockchain or in some decentralized manner. Actually in this case stored on the blockchain or it depends on how you use it really, I guess. But anyway, the whole idea here is that you completely own your identity. If you never decide to associate that identity with your name and your phone number, then who knows who's sending these transactions and who knows what's going on, because why would you need to associate your own name and phone number with all of these types of things, in these situations where you're making payments and stuff like that. Right?What is the idea of a user profile anyway, and why do you actually need it? Well, you might need it on certain applications. You might need it or want it on social network, or maybe not, or you might come up with a pseudonym, because maybe you don't want to associate yourself with whatever. You might want to in other cases, but that's completely up to you and you can have multiple wallet addresses. You might have a public wallet address that you associate your name with that you are using on social media. You might have a private wallet address that you're never associating with your name, that you're using for financial transactions. It's completely up to you, but no one can change that information. One of the applications that I recently built was called Decentralized Identity. I built it and release it a few days ago.And it's an implementation of this and it's using some of these Web3 technologies. One of them is IDX. One of them is Ceramic, which is a decentralized protocol similar to the Graph but for identity. And then it's using something called DIDs, which are decentralized identifiers, which are a way to have a completely unique ID based off of your address. And then you own the control over that. You can basically go in and make updates to that profile. And then any application across the web that you choose to use can then access that information. You're only dealing with it stored in one place. You have full control over it, at any time you can go in and delete that. You can go in and change it. No one has control over it except for you.The idea of identity is a mind-bending thing in this space because I think we're so used to just handing everybody our real names and our real phone numbers and all of our personal information and just having our fingers crossed, that we're just not used to anything else.Jeremy: It's all super interesting. You mentioned earlier about, would it be legal in the United States? I'm thinking of all these recent ransomware attacks and I think they were able to trace back some Bitcoin transaction, they were actually able to trace it back to the individual group that accepted the payment. It opens up a whole can of worms. I love this idea of being anonymous and not being tracked, but then it's also like, what could bad actors do with anonymous financial transactions and things like that? So ...Nader: There kind of has been anonymous transactional layer for a long time. Cash brought in, you can't really do a lot of illegal stuff these days without cash. So should we get rid of cash? I think with any technology ...Jeremy: No, but I mean, there's a limit though, right? You can't withdraw more than $10,000 worth of cash without the FBI being flagged and you can't deposit more, you know what I mean?Nader: You can't take a million dollars worth of Bitcoin that you've gotten from ransomware and turn it into cash either.Jeremy: That's also true. Right.Nader: Because it's all tracked on the blockchain, that's probably how they caught those people. Right? They somehow had their personal information tied to a transaction, because if you follow these transactions long enough, you're going to find some origination point. I agree though. There's definitely trade-offs with everything. I don't think I'm ever the type to argue that. There's good things and there's bad things. I think you have to look at the whole picture and decide for yourself, what you think. I'm the type that's like, let's lay out all of the ideas and let the market decide.Jeremy: Right. Yeah. I totally agree with that. All this stuff is fascinating, there is way too much more for me to learn at this point. I think my brain is filled at this point. Anything else about Edge & Node? Any cool things you're working on there or anything you want people to know?Nader: We're working on a couple of different projects. I can't really talk about some of them because they're not released yet, but we are working on a new version of something called Everest, and Everest is already out. If you want to check it out, it's at everest.link. It's basically a repository of a bunch of different applications that have already been built in the Web3 ecosystem. It also ties in a lot of the stuff that we talked about, like identity and stuff like that. You can basically sign in with your Ethereum wallet. You can basically interact with different applications and stuff, but you can also just see the types of stuff people are building. It's categorized into games, financial apps. If you've listened to this and you're like, this sounds cool, but are people actually building stuff? This is a place to see hundreds of apps that people have are already built and that are out there and successful.Jeremy: Awesome. All right. Well, listen, Nader, this was awesome. Thank you so much for sharing this with me. I know I learned a ton. I hope the listeners learned a ton. If people want to learn more about this or just follow you and keep up with what you're doing, what's the best way to do that?Nader: I would say check out Twitter, we're on Twitter @dabit3 for me, @edgeandnode for Edge & Node, and of course @graphprotocol for Graph protocol.Jeremy: Okay. And then edgeandnode.com. Your YouTube channel is just youtube.com/naderdabit, N-A-D-E-R D-A-B-I-T. And then you had an article on Web3 and I'll put it in the show notes.Nader: Yeah. Put it in the show notes. For freeCodeCamp, it's called what is Web3. And it's really a condensed version of a lot of the stuff we talked about. Maybe go into a little bit more depth around native payments and how people might build companies in the way that we've talked about here.Jeremy: Awesome. All right. Well, I will get all that stuff into the show notes. Thanks again, Nader.Nader: Thanks for having me. It was good to talk.
In this episode, I share my thoughts on Livepeer and its potential. First, I tell you what the project is about and how it works. Next, I take a close look at LPT's tokenomics and explain what the project did instead of ICO. I analyze the price of the LPT token and explore Livepeer's roadmap. Lastly, I compare Livepeer with Theta.If you want to know what this smooth voiced guy looks like, click the link to my YouTube channel (https://www.youtube.com/channel/UCqK_GSMbpiV8spgD3ZGloSw)!Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this podcast is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
There is a lot of crypto out there and it can get overwhelming at times. In this video, I review a project from an investment point of view. This project is called Live peer and i show you my basic formula for reviewing an altcoin. --- Send in a voice message: https://anchor.fm/jcrypto/message Support this podcast: https://anchor.fm/jcrypto/support
Bu hafta gündemimizde Blockchain teknolojisinin hangi sektörlerde hangi alanlarda kullanılabileceği vardı. Elbette gündemden haberler ve Cardano, PerlinX ve Livepeer de bahsi geçenler arasında yer aldı.
Video platforms are everywhere nowadays, and that’s a trend that doesn’t seem to be going away anytime soon. Livepeer is hoping to build open video infrastructure for the world using blockchain and open-source technology. It’s a lofty and ambitious goal, but Livepeer has already started to make headway. Livepeer co-founder Doug Petkanics joined startup coach Roland Siebelink on this week’s episode of the Midstage Startup Momentum Podcast to discuss the progress Livepeer has made some of the key lessons he’s learned across his three startups. The importance of making Livepeer fit into existing video workflows. The flywheel that exists at Livepeer between the commercial product and the engineering side of the company. Why founders need to be driven by their industry and not their idea. Why founders need to be cognizant of their strengths, as well as the bias they may have. How a small collection of advisors and an executive coach have helped Doug find clarity and make better decisions as a founder. To learn more about Livepeer, click here.
In this episode of Build the Future, we talk with Doug Petkanics, the CEO of Livepeer. At Livepeer they're building a decentralized video streaming network built on the Ethereum blockchain. In this conversation, we cover the technical side of Livepeer, the implications of decentralized video, Web 3.0, and more!To listen to more episodes and to stay connected, follow along athttps://www.buildthefuturepodcast.com/https://twitter.com/camwieseDon’t forget to leave a review and subscribe.Have a great week and until next time, go build!
各位链团财经的读者朋友们，大家早上好，欢迎收听链团财经早资讯。今天是2021年3月25日，农历二月十三，首先让我们聚焦今日财经：俄罗斯金融监督机构正密切监视比特币兑现交易美剧《Castle》正开发加密题材电视剧，并将创建相关NFT江苏率先在全省范围实施“区块链＋司法鉴定”试点应用数字人民币试点提速，北京地区银行已开放中心化交易所比特币流出量周环比增加约54.7%以太坊上DeFi协议总锁仓量582.8亿美元Filecoin 正在与以太坊视频直播平台 Livepeer 开展双重挖矿试点特斯拉CEO确认可以用比特币购买特斯拉德意志银行CFO：比特币现在体量太大，不容忽视李迅雷：比特币与特斯拉成为超发货币的归宿律师评“特斯拉支持比特币买车”：涉嫌违法,有多重法律风险据第一财经消息，就“特斯拉CEO确认可以用比特币购买特斯拉”一事，上海大邦律师事务所合伙人游云庭接受采访时表示，特斯拉如果接受比特币的，其只能收，无法通过金融机构把比特币转为人民币，从而无法对外使用，支付货款、发放工资、缴税都无法完成，所以接受比特币不具有实操性。如果金融机构为他们提供比特币结算服务的，将受到《反洗钱法》的处罚。
Subscribe via Podcast RSS | DONATE | Contact Hosts Troycnnn 420yolo.co Stream box noise mumble tts owncast twitch Etherium discussion https://newsletter.banklesshq.com/p/-guide-1-starting-with-bankless http://Livepeer.org https://aavegotchi.com/ https://m.youtube.com/watch?v=cizLhxSKrAc status.im Chat dApps Wallet Defi Permissionless investing No name, no address, no denied transactions, no permission for a middle man https://lode.oneInternet Service problemsAd AstraQuantum LeapBill BurrSupport the Shows!Date: 2021-03-18Time: 01:19:32Download - torrent
DEFITIMES
Bitcoin seems to be recovering from it's correction and the macro level charts predict Bitcoin could hit $75,000 by April 2021. Michael Saylor goes on CNBC and says he bought the dip with MicroStrategy 314 more BTC for $10 million. Bitcoin miners facing chip shortage amid skyrocketing demand. Hut8 borrows ~$12 million from DCG’s Foundry to order new bitcoin miners. Nebraska senator Mike Flood introduces bills to allow state banks to custody crypto. Signature Bank crosses $10 billion in deposits from Crypto customers. The world’s largest digital asset manager, Grayscale Investments, looks to be preparing for possible launches of new single-asset trusts for a number of cryptocurrencies such as Chainlink, Basic Attention Token, Decentraland, Livepeer and Tezos.
In this episode of Ventures we dive into all-things blockchains, the state of the crypto ecosystem, the evolution of the industry (especially since 2017), the nuances between Proof-of-Work and Proof-of-State, and the suite of services that Figment Networks provides. Guests: Lorien Gabel, Andrew Cronk, and Tony Little. You can watch the video of this episode here. This episode is both an introduction to the blockchain space (for those new), and a deep-dive into nuanced blockchain topics if you are an industry expert. Below is a condensed overview of the topics covered, visit the episode page for the full notes. 8:47 - Question: Tell us more about Figment Networks. What is the story and what is the company up to? 11:20 - Backing up and getting more high-level, what is a blockchain? 16:20 - Lorien's comment regarding blockchains as creating digital scarcity, and Tony's followup comment regarding blockchains providing a source of truth, and who to “reward”. 17:06 - Will's recollection of Tony's Harry-Potter-esque description of blockchains replicating information across nodes. 18:14 - What is Proof-of-Work? Proof-of-Stake? Why do these matter in the blockchain ecosystem? 22:02 - The three layers of blockchains: networking, consensus, and changing application state. 22:49 - Blockchains can track other state changes besides payment transactions21:20 - Tony's comment regarding Proof-of-Work really being Proof-of-Stake indirectly within Proof-of-Work25:40 - Is “decentralization” destined to simply recreate a different form of centralization again? How important is decentralization?28:01 - What are the different components/players within the blockchain ecosystem today? 32:48 - Where does Figment Networks specifically contribute within the overall blockchain ecosystem? 36:19 - When starting up a new blockchain network, at what point should founders talk to Figment about helping out? How should founders think about the steps of building their networks? 37:40 - Staking Hub, a group for the validator community, and a place for network founders to recruit validators38:22 - Figment has been up close and personal with 15+ network launches, what are best practices for launching a network? 40:35 - Problems with so many new networks coming out of academia and theory/research backgrounds. 41:18 - What has Tony seen on this topic with regard to enterprises bringing blockchains to market (built on technology like Hyperledger)? 45:05 - Enterprise consortiums vs. projects like Libra. How do they compare? How do token economics come into play, if at all?46:59 - What are the big problems in the blockchain space? 49:59 - Why is governance participation so hard to encourage? Is there maybe not enough economic or social incentive at play in most networks? 54:38 - What problems exist currently in the blockchain ecosystem for decentralized application (dApp) developers? 58:04 - What is the Ethereum 1 to Ethereum 2 transition, and why is that important for the blockchain community? 1:11:20 - Where do you see the blockchain ecosystem heading? What sorts of things should we be looking out for in the future? How do you see Figment Networks playing a role? 1:17:40 - Livepeer as an example of how to create a utility at a lower cost using blockchains
What is User Research? And why is it so important? In the debut of our 4 part series, Xuan Yue guides us through her unique journey getting involved with User research from community involvement with Livepeer in an opensource design environment. The remaining episodes will dive deeper into the UX research process when it comes to utilizing qualitative and quantitative research, the cognitive biases we need to be mindful of, and how to gain in person context for real world feedback.
This episode covers the Stake Capital DAO, an interesting project aiming to form a revenue-sharing staking and DeFi DAO that also issues tokenized staking positions called LTokens. The Stake Capital DAO is a project by Stake Capital, a staking service provider operating on various networks including the Cosmos Hub, Livepeer, Tezos, and Loom. In this episode, Felix is joined by Stake Capital founders Julien and Leopold to discuss the recently revealed plans to launch a DAO. It dives into their backgrounds in the Ethereum community working on Flyingcarpeth and other projects leading up to the forming of Stake Capital and their decision to turn their business into a DAO. We explore the relationship between Stake Capital and the DAO, the DAO’s token SCT, the innovative way in which SCT tokens are issued to delegators of Stake Capital, as well as governance questions and other technicalities of the Stake Capital DAO approach. The second part dives into liquid staking tokens (LTokens) that the DAO plans to issue to enable stakers to circumvent locking periods and to enable a more efficient use of staked capital. Finally, the episode wraps up with a discussion of the next steps and long-term plans for the Stake Capital DAO. Stake Capital DAO Light Paper: https://github.com/stake-capital/research/blob/master/Stake%20Capital%20DAO%20Light%20Paper.pdf Medium Post on Stake Capital DAO:https://medium.com/stakecapital/introducing-stake-dao-by-stake-capital-claiming-future-yield-revenue-7059e0781328 Stake Capital Website: https://www.stake.capital/ Liquid Staking Working Group: https://github.com/ChorusOne/liquid-staking Chorus One: https://chorus.one Chorus One Twitter: https://twitter.com/chorusone Chorus One Telegram: https://t.me/chorusone
Unconfirmed: Insights and Analysis From the Top Minds in Crypto
Kyle Samani, managing partner of Multicoin Capital looks ahead to 2020 based on how the space changed from 2018 to 2019. He talks about how the space has matured and become more heterogeneous, when developers choose to build on platforms other than Ethereum and when they stick with it, and how the uncertainties about Ethereum 2.0 are affecting developers' choices. We discuss which chains he's most excited about now, why there's such a huge amount of competition in the smart contract space, and how the competition will shake out between the projects such as Cosmos and Polkadot that aim to connect other chains. He also covers why he isn't that excited about work being done in Bitcoin, why 2019 wasn't the year of Lightning and why 2020 will be the year of lots of small success stories. Thank you to our sponsors! eToro: https://www.etoro.com/ Crypto.com: http://crypto.com/ Kelman Law: https://kelman.law/ Episode links: Kyle Samani: https://twitter.com/KyleSamani Multicoin Capital: https://multicoin.capital/ Web3 Stack, 2019 edition: https://multicoin.capital/2019/12/13/the-web3-stack-2019-edition/ Unbundling of Ethereum: https://multicoin.capital/2019/05/24/the-unbundling-of-ethereum/ Near protocol: https://nearprotocol.com/ Solana: https://solana.com/ Kadena: https://www.kadena.io/ On Value Capture at Layer 1 and Layer 2: https://multicoin.capital/2019/03/14/on-value-capture-at-layers-1-and-2/ Arweave: https://www.arweave.org/ Livepeer: https://livepeer.org/
Doug Petkanics joins us on Base Layer for a great overview of Livepeer which ~3/4th's of my guests have brought up a project to pay attention to! Doug is a multi-time Founder with Wildcard and Hyperpublic and has been focusing his attention for the last few years on Livepeer; live streaming services, such as YouTube and Twitch have seen tremendous growth in popularity in recent years. Broadcasting or building a streaming application however can be very expensive, as a result of payments to centralized transcoding and distribution companies. Livepeer aims to provide the infrastructure service layer for decentralized live video broadcasting. In doing so, it hopes to provide a cheaper, more scalable, censorship resistant solution that is more resilient without single points of failure. We talked about everything from the unplugging generation to their consensus methodologies and governance systems. Truly a great overview of a really important project.
Tue, 19 Mar 2019 22:39:19 -0000 Doug Petkanics, Founder at Livepeer full 20 Messari | BlockWorks Group 1632 no 7b95f630-f062-43e4-b873-79cb8222aaca
In this episode, we speak with Doug Petkanics, co-founder and CEO of Livepeer. Livepeer is developing open source video infrastructure services on top of the Ethereum blockchain. For those interested in learning about how a project tackles the huge challenge of designing token economic systems to properly align incentives of different groups in a network, this episode is for you. Doug describes what it was like in the early days when he and his co-founder were trying to prove to themselves that it was possible to solve this problem. He shares how they spent time developing unrelated projects on Ethereum to learn what it was like and to understand the limitations of the technology. We also delve into the lessons they learned around things like fundraising from their previous experiences as startup founders. One of the most interesting topics we discussed was how they are using staking and slashing in their protocol. Overall, it was a fascinating discussion. Enjoy! Show Notes [0:31] Show intro [0:48] Quick overview of Livepeer and Doug's background. [2:35] When Doug and his co-founder Eric realized they wanted to build for the decentralized web. [4:27] The frustrating web2.0 experience that inspired them to make the jump to web3. [8:22] The problem Livepeer is aiming to solve and how. [13:19] How they identified the problem and why they felt it was the right one to solve with decentralization. [16:08] What their 6-9 month research phase was like for them. [19:42] How Doug and Eric's long history of working together enabled them to move quickly through assessing feasibility of Livepeer. [24:45] When they took on pre-seed funding, why and how that was informed by past lessons learned. [26:42] Overview of Livepeer's token economics and their process for designing the incentives. [31:17] Why they chose a target participation rate of 50% in the protocol. [34:19] How staking and delegated proof of stake are used Livepeer. [38:05] The importance of balancing participating nodes and delegating nodes. [41:54] The business model for the Livepeer team. [44:16] Who the different user groups of Livepeer and how the team thinks about designing for the different user experience for each. [49:23] Lessons learned designing for users early on. [52:09] Overview of Livepeer team. [55:07] The value of forking from Doug's perspective. Links https://twitter.com/petkanics https://twitter.com/LivepeerOrg https://livepeer.org/ https://www.swarm.fund/ https://truebit.io/ https://medium.com/@petkanics https://medium.com/livepeer-blog https://github.com/livepeer https://www.reddit.com/r/livepeer https://discordapp.com/invite/RR4kFAh
Jake Brukhman of CoinFund and Tushar Jain of Multicoin Capital discuss a new trend among crypto funds: generalized mining, also called mining 2.0, in which investors participate in the networks in order to seed activity on them. For instance, an investor might offer disk space on a file storage network or provide capital on a decentralized lending network. They explain why it makes more sense to do this in the early days of a network than when it's matured, whether this will lead away from a peer-to-peer vision for crypto toward more professionalization and how this affects the basic premise of the fat protocols thesis. We also discuss how this impacts how crypto funds hire, do their accounting and reporting and structure their LP agreements. Thank you to our sponsors! Abra: Click this special link for a free $25 in Bitcoin! https://www.abra.com/unchained Altlending: https://altlending.com WeTrust: WeTrust: Donate in crypto and have your donation matched by WeTrust through Giving Tuesday, November 27! http://wetrust.io/unchained Episode links: Jake Brukhman: https://twitter.com/jbrukh?lang=en CoinFund: https://coinfund.io Tushar Jain: https://twitter.com/TusharJain_ Multicoin Capital: https://multicoin.capital Jake's post on crypto borrowing: https://blog.coinfund.io/crypto-borrowing-and-staking-networks-e7d2d64a81a4 Tushar's post on generalized mining: https://multicoin.capital/2018/10/23/the-evolving-role-of-crypto-investors/ Jake on LivePeer as a case study: https://blog.coinfund.io/livepeer-cryptoeconomics-as-a-case-study-of-active-participation-in-decentralized-networks-19a932415e0e Unchained episode with MakerDAO: http://unchainedpodcast.co/why-its-so-hard-to-keep-stablecoins-stable Unconfirmed episode with Rune Christensen of MakerDAO: http://unconfirmed.libsyn.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep039 Initial witness offerings, by Jake's partner Alexsandr Bulkin: https://blog.coinfund.io/iwos-with-adapt-a-creative-technological-solution-to-a-regulatory-problem-513b0bc811ff Jake's post on fat protocols not being an investment thesis: https://blog.coinfund.io/fat-protocols-are-not-an-investment-thesis-17c8837c2734 Unchained interview with Joel Monegro, the author of the fat protocols thesis: http://unchainedpodcast.co/placeholders-joel-monegro-on-the-fat-protocols-thesis-today-ep65 Videos that Jake mentions at the end of the show: Generalized Mining, An Introduction & Primer by Jake Brukhman, CEO of CoinFund: https://youtu.be/ceex9CN2YZU Panel #1: Supply Side Services | Generalized Mining and The Third-Party Economy: https://youtu.be/Cr6H2FcidjY Panel # 2: New Role of Crypto Investors | Generalized Mining and The Third-Party Economy: https://youtu.be/zakQc07GRXA Panel #3: Staking Economic Design | Generalized Mining and The Third-Party Economy: https://youtu.be/ydViUpTZens
Jake Brukhman of CoinFund and Tushar Jain of Multicoin Capital discuss a new trend among crypto funds: generalized mining, also called mining 2.0, in which investors participate in the networks in order to seed activity on them. For instance, an investor might offer disk space on a file storage network or provide capital on a decentralized lending network. They explain why it makes more sense to do this in the early days of a network than when it's matured, whether this will lead away from a peer-to-peer vision for crypto toward more professionalization and how this affects the basic premise of the fat protocols thesis. We also discuss how this impacts how crypto funds hire, do their accounting and reporting and structure their LP agreements. Thank you to our sponsors! Abra: Click this special link for a free $25 in Bitcoin! https://www.abra.com/unchained Altlending: https://altlending.com WeTrust: WeTrust: Donate in crypto and have your donation matched by WeTrust through Giving Tuesday, November 27! http://wetrust.io/unchained Episode links: Jake Brukhman: https://twitter.com/jbrukh?lang=en CoinFund: https://coinfund.io Tushar Jain: https://twitter.com/TusharJain_ Multicoin Capital: https://multicoin.capital Jake's post on crypto borrowing: https://blog.coinfund.io/crypto-borrowing-and-staking-networks-e7d2d64a81a4 Tushar's post on generalized mining: https://multicoin.capital/2018/10/23/the-evolving-role-of-crypto-investors/ Jake on LivePeer as a case study: https://blog.coinfund.io/livepeer-cryptoeconomics-as-a-case-study-of-active-participation-in-decentralized-networks-19a932415e0e Unchained episode with MakerDAO: http://unchainedpodcast.co/why-its-so-hard-to-keep-stablecoins-stable Unconfirmed episode with Rune Christensen of MakerDAO: http://unconfirmed.libsyn.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep039 Initial witness offerings, by Jake's partner Alexsandr Bulkin: https://blog.coinfund.io/iwos-with-adapt-a-creative-technological-solution-to-a-regulatory-problem-513b0bc811ff Jake's post on fat protocols not being an investment thesis: https://blog.coinfund.io/fat-protocols-are-not-an-investment-thesis-17c8837c2734 Unchained interview with Joel Monegro, the author of the fat protocols thesis: http://unchainedpodcast.co/placeholders-joel-monegro-on-the-fat-protocols-thesis-today-ep65 Videos that Jake mentions at the end of the show: Generalized Mining, An Introduction & Primer by Jake Brukhman, CEO of CoinFund: https://youtu.be/ceex9CN2YZU Panel #1: Supply Side Services | Generalized Mining and The Third-Party Economy: https://youtu.be/Cr6H2FcidjY Panel # 2: New Role of Crypto Investors | Generalized Mining and The Third-Party Economy: https://youtu.be/zakQc07GRXA Panel #3: Staking Economic Design | Generalized Mining and The Third-Party Economy: https://youtu.be/ydViUpTZens
In this episode, we speak with Eric Tang from Livepeer about the need for off-chain computation, what scenarios make sense for off-chain and which can work on-chain, how Livepeer sees its role in the ecosystem and how they aim to help more people livestream in a decentralised way. Read more about Livepeer here (https://livepeer.org/) If you want to get involved with the project, you can do so here (https://medium.com/livepeer-blog/livepeer-for-beginners-3b49945c24a7) Check out this paper by Jacob Eberhardt about off-chain computation. http://www.ise.tu-berlin.de/fileadmin/fg308/publications/2017/2017-eberhardt-tai-offchaining-patterns.pdf
Esteban Ordano believes that decentralization is key to mitigating the risk that comes with digital communication, and his work uses VR to return our sense of immediacy, to recreate the personal connections that will lead to what he calls a ͚Renaissance of humanity.͛ So, what does the world look like at this intersection of virtual reality and cryptocurrency? Esteban is the founder and CTO of Decentraland, a virtual reality platform powered by the Ethereum blockchain where users can purchase land and build on it, limited only by their imaginations. Using a VR headset or web browser, Decentraland users become completely immersed in a 3D, interactive world where they can watch live music, shop with friends or even visit an underwater resort. Prior to Decentraland, Esteban worked as a software engineer at Google and BitPay. Today, Esteban joins us to explain how the economic chaos in Argentina inspired his interest in the cryptocurrency space. He discusses the role decentralization plays in mitigating the risk of sharing information online and the way cryptographic systems facilitate radical governance. Esteban offers insight around Decentralands place at the intersection of virtual reality and cryptocurrency and how the platform enables the management of digital scarcity. Listen in to understand the major challenges of adoption in the VR and crypto space and learn how Decentraland is testing concepts of governance before they are applied in real life! Topics Covered Esteban's introduction to the blockchain Article in Hacker News (2011) Meetup in Argentina (2013) What sparked Esteban's interest in Bitcoin Economic disaster in Argentina Opportunity to be game-changer The most important role of decentralization Mitigate risk of sharing information One-on-one connections = Renaissance of humanity Efficient way to transmit info and measure impacts How cryptographic systems facilitate radical governance Peer-to-peer way to make decisions Creates consequences (money where mouth is) The intersection of VR and cryptocurrency Decentraland allows for testing concepts Missing link to creating free society The significance of digital scarcity Virtual currencies enable scarcity, ownership Until now items on database modified by single entity What the world might look like in 10 years if Decentraland succeeds Vitual economies, shopping and bars Send kids to Decentraland University The major challenges of crypto and VR adoption Security, efficiency on through-put (crypto) Hand-tracking and affordability (VR) Esteban's definition of success ‘Surprised a little every day' Connect with Esteban Decentraland https://decentraland.org/ Decentraland on Twitter https://twitter.com/decentraland Decentraland on GitHub https://github.com/decentraland Esteban on Twitter https://twitter.com/eordano Esteban on Medium https://medium.com/@eordano Resources Streamium https://streamium.io/ Livepeer https://livepeer.org/ SpankChain https://spankchain.com/ Hacker News https://news.ycombinator.com/ Peter Rubin on Boost VC https://www.boost.vc/podcast-archive/2018/5/24/season-3-ep-8-unlocking-the-intimacy-between-people-through-vr-with-peter-rubin-of-wired Beat Saber http://www.beatsaber.com/ Echo Arena https://www.oculus.com/experiences/rift/1369078409873402/ Oculus Go https://www.oculus.com/go/ CRISPR https://en.wikipedia.org/wiki/CRISPR Connect with Boost VC Boost VC Website https://www.boost.vc/ Boost VC on Facebook https://www.facebook.com/boostvc/ Boost VC on Twitter https://twitter.com/BoostVC
Blockchain Innovation: Interviewing The Brightest Minds In Blockchain
Jason Teutsch is a mathematician (PhD) and computer scientist whose research focuses on distributed systems, security, game theory, and algorithmic randomness. Jason is also the founder of TrueBit - a scalable verification solution for Blockchains. In this episode, Jason and I discuss: The computational limitations of Ethereum smart contracts The definition of smart contract (hint: it’s not the same as a legal contract), gas, and the gas limit on Ethereum The “Verifier’s Dilemma,” a situation whereby Blockchain miners have little to no incentives to verify transactions (which is the problem TrueBit solves) Use cases for TrueBit, including LivePeer – a decentralized video streaming platform, AI, “Interactive ICOs,” and much more
In the latest episode of Demuxed, Eric Tang of Livepeer explains how blockchain is creating new possibilities for peer-to-peer live video streaming. The post Ep. #7, Live Video Streaming with Blockchain appeared first on Heavybit.
In the latest episode of Demuxed, Eric Tang of Livepeer explains how blockchain is creating new possibilities for peer-to-peer live video streaming.
Join us for a conversation with Doug Petkanics from LivePeer! LivePeer is the video layer of the decentralized web3 stack. Yes, you read that correctly: 100% decentralized P2P video. Magic. We get into the details of how the magic occurs and how the LivePeer token enables the economics that make decentralized video possible.
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