I am an aspiring dApp developer from Hamburg, Germany and very happy to announce that as of today I will run a professional cloud based transcoder 24/7.
Why delegate to my node?
Very low reward cut, only 7.5% of daily LPT reward goes to me
Very high share of fees, 30% of earned ETH goes to you
The price per segment are 120 Gwei
100% daily reward call
What are you waiting for? Start staking on my node now: 0xed56b683004921ec4e3eaafad535e48153a17f69
I will constantly work on tweaking the transcoder and establishing an optimal relationship between broadcasters and delegates. Also work regularly with livepeer to test its use in dApps.
What are my intentions?
As I see a great future with livepeer, I want to contribute to the success of the project with a low cost, high quality node. All revenues (if there are any) will be used for the development of decentralized apps on top of livepeer and the Ethereum blockchain.
It would be very cool to see if there are opportunities to collaborate somehow, as we’re not so far away from each other - ping me an email at chris@livepeer.org if you would like to connect.
@deboot
Thank you for that offer, I’ve sent you an email!
@all
The gas price is currently very high. In order to be able to continue to offer a stable service, I would be very pleased to receive a mini donation.
You can donate directly to the transcoder for maximum transparency:
0xed56b683004921ec4e3eaafad535e48153a17f69
Every single Gwei helps!
Hey guys, the daily reward calls stopped because of insufficient funds on the transcoder. It will stay active, and start calls automatically again, if someone donates some gwei or the gas price goes lower. Sorry for that!
Transcoder has been updated to the latest release (v0.2.3):
One of the responsibilities of a Livepeer transcoder is to participate in the protocol and paying gas for the Ethereum transactions. A transcoder can set a reward cut and revenue share they see fit in order to cover the that cost. It’s totally understandable that one would not want to take on that responsibility - in which case, the best strategy would be to delegate toward another transcoding who would.
Currently, the cost of calling reward every day can be up to a few dollars (depending on the gas price). We are working on research in a few scalability solutions to lower that cost. If that’s something that sounds interesting, check out https://github.com/livepeer/research/issues/8 and https://github.com/livepeer/research/issues/9. In the mean time, if you would like to delegate toward someone else, you can call “unbond”, and then call “bond” toward another transcoder.