I gave a talk at this week's @Livepeer summit highlighting the history of innovations that the project has spurred in the decentralized tech space over the last decade, all while powering millions of minutes of video processing per week for global streaming and AI applications: 2017: Whitepaper including architecture for verified deterministic compute in a decentralized work protocol via financial security. 2018: Merklemine - an open access and fair token distribution mechanism to seed a stake-based network with 2,500,000+ token holders in lieu of a speculative crowdsale or ICO. 2019-2020: Active participation incentives, rewarding those providing useful compute on the network with increased network ownership over time. Cited as the inspiration for yield farming when DeFi summer arrived. 2021: First compute protocol to successfully migrate all state to @arbitrum following their launch, alleviating the high costs of protocol participation by 100x+, without a full network restart. 2022-2023: Launched the Web3 Index (thanks @AdamSoffer) along with projects like @Filecoin @akashnet_ @helium that became a major sector in the space that came to be known as DePIN. 2024: Became one of the first protocols to introduce a community governed, onchain treasury mid-flight, that populated bottom up from protocol emissions over time. Progressive sustainability via community governance, without any new mint or withheld genesis allocation. 2025: Job type expansion from purely video transcoding to AI video inference, dramatically expanding fees on the network and setting Livepeer up for the next decade of growth via being the backbone for realtime video AI and world models. This community has always put its head down and done the work, and it's reflected by the deep technical innovations it's pioneered to keep the project and decentralized tech space moving forward. It was inspiring to spend time with this whole group this week, and I'm really looking forward to all that's ahead.
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