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Last active February 23, 2018 16:39
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Community Call 2/22 - Notes

Community Call 2/22 - Notes

General Updates

Yondon

  • Truebit validation in-progress.
  • Why Truebit?
    • The protocol needs to confirm transcoders are doing their work correctly.
    • Truebit is trustless / decentralized.
  • Truebit & Livepeer learning about each other's protocols is really helpful.

Doug

  • We've been running a "private" testnet.
  • Now that we're on Rinkeby, we can experiment with more realistic conditions.

Josiah

  • Deployed updated explorer and media player.
  • Updated UX process - task flows and wireframing before development.

Holgier

  • Developing a camera (hardware) that's directly connected to Livepeer network and others.
  • "Blockchain in a chip".
  • Doug suggests taking a look at Grid+.

Tatsu

  • Working on Vuwable.
  • Simulcasting / OBS replacement.
    • Josiah suggests checking out WBS
  • Experienced in marketing and would like to help out with that.

Josh & Eric

  • Updating transcoder node with slimmed down ffmpeg. No seperate binaries required!
  • It's really nice to get into the ffmpeg "black box". Opens up a lot of possibilities.
  • We're official maintainers of Joy4
    • Still deciding how to go about maintaining 🤔
  • Should start thinking about potential qualitative validation options.

Airdrop

Background

Launching network in the next month. We're not doing an ICO. We're going with a slow rollout via a series of airdrops. Maybe one a month for the next 18 months or so?

Josh

  • We should consider different ways of giving the user tokens.
  • Seperate token pools for offchain distro.
    • Distribute via bounties or other methods.
    • We could even do even more frequently / ad hoc.
  • We have a responsibility to manage the community.
    • It's alright if we give incentives to specific groups instead of a free-for-all.
    • We can make it clear that X% of the pool is for airdrop and anyone can get that, but maybe Y% can be for various things: bounties, incentives, rebates, etc.

Eric

  • If airdrops are too frequent, they can potentially be gamed through scripting.
  • Interested in thinking about different groups of participants and what people will do once they have the token.
    • It's easy to assume people will be self-motivated.
    • We already know there are certain groups we want to perform certain actions: transcoders, broadcasters (individual/app/company?), delegators, and developers.

Yondon

  • Focus on delegation and developers for initial airdrops.
  • Nice to have flexibility for various mechanisms.
  • We can't say exactly how distribution will happen on a timeline.

Doug

  • Hearing a common thread that we want multiple pools and mechanisms
  • Seperate pools does introduce a tradeoff of totally decentralized vs centralized/organization-steered distribution.
  • But the tradeoff could be worth it.

Josiah

  • It's worth discussing how to be as decentralized as possible even with seperate pools
    • Decentralization is one of our core values.
  • Tokens are going to humans that will be part of the community, help it grow, and ultimately, make it valuable.
  • Some small amount of initial centralization for distro is probably okay if it means we can build that strong community we need.
  • Also good to keep viewers/end-users in mind, even if we don't have a token pool for them

Tatsu

  • Q: How would you exchange LPT for another token?
  • A (Doug): Solutions are being created (0x decentralized exchanges, etc). It will probably be solved at the application level

Upcoming Events

  • Eric - Barcelona, Scaling Now workshop
  • Chris - Berlin, Ethereum meetup
  • Doug - Toronto, EDCON
  • Josiah - Berlin, Livepeer Hackathon

We should look into video meetups and events, especially in ones happening in town!

@tatsuikeda
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Thanks for notes, Josiah~

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