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Future of Staking Podcast Series: Understanding Livepeer Governance

From an idea to an upgrade, the Livepeer improvement cycle is clear and simple: write an LIP on Github, discuss, vote, and then implement.

Livepeer's governance process will be simple & useful. Here’s how it will work and how it will become more decentralized.

Polls are set to be the voting process for Livepeer improvement proposals. This is a look at the well-deliberated voting process that the Livepeer community is preparing to use to begin the foray into decentralized governance.

Livepeer transcoding fees earned by orchestrators will continue to grow based on their transcoding capacity, availability, and market price.

Livepeer is a rewarding proof of stake (PoS) project to be participating in — particularly in this early phase, where rewards may be as high as 1.5x.

Well, it’s official: the lofty promises made during the 2017 crypto frenzy have come up dramatically short, but Livepeer is different.

A bet on Livepeer is a bet on allocative capacity. This is the premise: idle compute capacity will always be cheaper than dedicated capacity.

On September 12, 2019, Chris, Lorien, and I discussed governance with the Livepeer team and community.