Welcome to Livepeer Community - Berlin
Hello, welcome to Livepeer’s forum, and to information about the Livepeer Community Node - Berlin.
My name is Chris Hobcroft, and I work for the Livepeer project as Creative Director.
I will start by introducing Berlin’s Livepeer Community, then explain what a Livepeer Node is in simple terms.
After this introduction, I will present an opportunity for you to collaborate on this venture.
Livepeer Community - Berlin
Berlin is a thriving hotbed of cultural exchange and diversity, where East meets West meets everything else.
With strong crypto and creative communities, it represents a sweet spot for the adoption of Livepeer’s technology, and the development of a new paradigm for how we share audio visual content - driven by community, not by corporation or government - using an open and censor-resistant protocol for sharing content to potentially global audiences in real time.
Livepeer’s Community in Berlin is already active and growing, encompassing a diverse mixture of musicians, software developers, digital artists, engineers, videographers, producers and designers.
livepeer.tv is a community project, broadcasting on Livepeer’s Rinkeby testnet, from Livepeer’s community space in Berlin.
We are also very active in helping creators to understand the financial and collaborative opportunities provided by these new crypto-currency technologies. We experiment with simple mechanisms for receiving royalties directly from viewers in exchange for the real-time digital creation - all using low-cost entry-level hardware and free open-source software.
Livepeer embraces diversity, so in Berlin we welcome anyone into our community.
What is a Livepeer Node?
A Livepeer Node is a computer which runs a piece of software designed and written by the Livepeer project.
- Running a Livepeer Node on your computer is as simple as downloading a piece of software from Livepeer’s software release page, and running it.
When a Livepeer Node is running, and configured in a certain way, it provides capacity to Livepeer’s network. The node:
- receives live-streaming video content
- processes the content for viewing on different devices
- sends content to any node in the network that requests it
In exchange for providing this capacity, the Livepeer Node is compensated financially using crypto-currencies
- Ether (ETH) and Livepeer Tokens (LPT)
This exchange of value is made possible by the Ethereum blockchain.
“Bonding” tokens to a Node
Livepeer’s protocol enables anybody who holds Livepeer Tokens (LPT) to “bond” their tokens to an individual Livepeer Node.
This “bonding” of tokens is quasi-social, and represents a mechanism for token-holders to delegate their responsibility in the network to someone else, and presents a way to endorse their activities in helping grow the network.
When a token-holder bonds their tokens to a Livepeer Node, the token-holder receives an agreed share of the fees and the rewards that the Livepeer Node receives.
Livepeer Community Node - Berlin
The Livepeer Community in Berlin runs a Livepeer Node as a way to raise funding to support community activities.
The Ethereum address of the node is
Get involved in the community
We welcome anyone into Berlin’s Livepeer Community.
There are many ways to participate, you can:
- join one of our meetups where you can collaborate with members of the community
- produce a livestream
- borrow livestreaming equipment for your event - send me an email with details.
You can also set up your own livestream channel on Livepeer by following Livepeer TV’s Blueprint.
Participation - Livepeer Token Holders
If you already have Livepeer Tokens (LPT), I invite you to browse Livepeer’s Protocol Explorer’s list of registered transcoders and BOND your newly mined tokens to Livepeer Community Node - Berlin.
If you do this, I can’t promise that all your dreams will come true, but some of them might.
Currently, rewards are shared by the network in a way which means that you will gain LPT, and also the community benefits… it’s a win-win.
And remember, the Ethereum address of the node is
Participation - Ethereum Holders
If you had private control of an Ethereum account with more than 0.1 ETH at block 5,264,265 (Mar-16-2018 07:20:45 AM +UTC) of Ethereum’s blockchain, then you are entitled to redeem a share of the Livepeer Tokens (LPT) given to the community.
You can check if you qualify for this and if so, you can redeem your LPT by participating in the Livepeer Alpha.
If you are totally confused about what all this bonding and delegating means, come and find me in Livepeer’s Community Space in Berlin, or on Telegram and we can talk about it.