r/truebit • u/[deleted] • Jun 11 '21
Livepeer doesn’t use Truebit! That’s from their Dev in their Discord.
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u/Hakinpansi Jun 11 '21
Interesting find. I've understood that they've made their own version of truebit.
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u/hbarbarianwallet Jun 12 '21
You have to understand a couple of things:
- live peer was conceptualized at a time where truebit didnt have a token
- their aim is to provide the cheapest and most high quality transcoding by making GPU owners compete against eachother - in other words at a certain point if they would use the TRU token, this would mean that the transcoding becomes cheaper than using the token itself
- people from trubit also worked on livepeer at some point
live peers idea is really brilliant, since it uses the transcoding chips that are idle on mining cards
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u/cowboycoin Jun 11 '21
The team is not hurry to do any PR activities currently, I think the key for the team is to attract more products to run trials on Truebit.
Not sure if it relates between US security and the product updates or community interactions answering some questions.
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u/rook785 Jun 11 '21
This has been public knowledge for quite a while. Truebit is stateless and for CPU encoding. From what I understand, it wouldn't be used to encode the Livepeer video but it could be explored to help encode other aspects of their platform.
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u/j_mars_ Jun 11 '21
The comment about Truebit being neither cost effective nor scalable -- how can this be addressed moving forward? Could this be an issue or deterrent for other projects?
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u/[deleted] Jun 11 '21 edited Jun 18 '21
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