Doug Petkanics Profile Banner
Doug Petkanics Profile
Doug Petkanics

@petkanics

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Doug Petkanics by day and dob.eth by night. Building web3's video streaming platform @Livepeer .

Brooklyn, NY
Joined June 2008
Don't wanna be here? Send us removal request.
@petkanics
Doug Petkanics
2 years
I just found out the creator of SimCity is making a game with blockchain secured txns and monetization for in-game creators. I'm so in for this.
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@petkanics
Doug Petkanics
1 month
And just like that, node operators on @Livepeer are beginning to earn ETH for performing generative AI compute tasks in addition to transcoding.
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@petkanics
Doug Petkanics
3 years
Just used IBC for the first time. I may be late to the game, but...it's so awesome the Cosmos ecosystem delivered on this. Huge congratulations to all involved.
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@petkanics
Doug Petkanics
2 years
Nearly four years of nonstop activity after starting with a fresh @LivepeerOrg protocol on Ethereum, a migration to @arbitrum has just been completed after a governance vote. And for a brief moment in time before the node operators migrate, there is a moment of calm.
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@petkanics
Doug Petkanics
2 years
Web3 has been missing a killer social media application. My latest post outlines why I believe there is now demand, and a path forward for someone to build this today:
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@petkanics
Doug Petkanics
6 years
Big milestone. Livepeer's alpha is now launched and live on Ethereum's Mainnet!
@Livepeer
Livepeer
6 years
Livepeer is now running on Ethereum's Mainnet! Broadcast video, transcode, delegate!
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@petkanics
Doug Petkanics
5 months
On today's @Livepeer Ecosystem Call we talked about the path to bring AI based video compute onto the GPU-rich network in the next 4 months. As is consistent with Livepeer's journey over the last 7 years, we'll work to show real, usable, functional, open source software and
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@petkanics
Doug Petkanics
1 year
@Livepeer continues to have deeper on chain integrations with more and more ecosystems. Glad to add our first Move-based integration with @Aptos_Network .
@Aptos
Aptos
1 year
The Aptos ecosystem is expanding! @Livepeer , the decentralized video streaming network, has integrated with Aptos to provide fast, easy, and affordable video-stream tooling for web3!
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@petkanics
Doug Petkanics
5 years
Micropayments using lottery tickets. Very cool and powerful concept. Here's the research from @YondonFu which shows how to secure it:
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@petkanics
Doug Petkanics
3 years
A few projects that the market is likely still under-appreciating relative to the amount of development activity and usage: @SiaTechHQ , @cosmos , @numerai
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@petkanics
Doug Petkanics
5 years
New technology in action! Team just deployed an update to the DApp that leverages the new @graphprotocol . Fast load times, aggregations, and fallback to web3 calls if the cacheing layer fails.
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@petkanics
Doug Petkanics
1 year
The status of web3-centric media apps building on @Livepeer by year: 2017-2020: Barely existent (most usage came from web2) 2021: Hackathon projects, prototypes 2022: Inspirational betas 2023: Experienced entrepreneurs and hackers launching mainstream-capable apps Let's go!
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@petkanics
Doug Petkanics
3 years
It's happening. Real jobs in the digital world, backed by the internet native financial system:
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@petkanics
Doug Petkanics
5 years
Was just informed by @mkrufky that one of our office GPUs running the latest @LivepeerOrg video transcoding software, just mined an Ethereum block. It's all coming together :)
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@petkanics
Doug Petkanics
1 year
Livepeer turns six years old this week. Here are a couple reflections, both pessimistic and optimistic, on the past six years and the work ahead:
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@petkanics
Doug Petkanics
2 years
2022 is going to be the year that web3 enabled consumer and media applications scale to millions of consumer users, and @LivepeerOrg will be ready to power the video layer. Glad to start the year off with investment from some great partners that believe in the web3 future.
@decryptmedia
Decrypt
2 years
Alan Howard, Tiger Global Back Decentralized Video Streaming Network Livepeer $20M Funding ►
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@petkanics
Doug Petkanics
27 days
With the rise of AI generated video, we get questions all the time @Livepeer about how people will be able to determine whether content represents the original video, a modified version, or a fully generated one. In this post @YondonFu brings you up to speed the highest
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@petkanics
Doug Petkanics
1 year
PLENTY of GPU capacity also available on the @Livepeer network for those looking to do video processing without being subject to the crazy spikes in cloud GPU prices we're about to see.
@gregosuri
Greg Osuri ⟁ d/acc
1 year
“GPUs at this point are considerably harder to get than drugs” - @elonmusk That makes me a "harder-than-drugs" dealer.
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@petkanics
Doug Petkanics
5 years
Two years ago today @ericxtang and I holed up in a 60 sqft office and committed to full time research and development of a decentralized video infrastructure platform. Lot of great progress with the @LivepeerOrg team, and still a lot of work left to do.
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@petkanics
Doug Petkanics
5 years
Check out this recap from the team that built #dTok - a decentralized TikTok. Paid $7 for video infrastructure over the course of the weekend on Livepeer, where it would have cost $30 on AWS.
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@petkanics
Doug Petkanics
1 year
The @Livepeer community has been actively discussing a proposal to introduce sustainable public goods funding to the ecosystem through a community governed treasury. See an overview of this proposal here:
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@petkanics
Doug Petkanics
6 years
One of the hardest things about building product in the blockchain space is that some of your users arrive with 1000's of hours of background context, and other's arrive with no context whatsoever. They almost require different products.
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@petkanics
Doug Petkanics
2 years
Here's what I shared to the @Livepeer community when I received a few questions about the surprising and unfortunate FTX news.
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@petkanics
Doug Petkanics
1 year
Web3 social media protocols like @LensProtocol are one of the bright areas that have grown in 2022. Yet apps built in these ecosystems are often lacking working video. @Livepeer fixes this for developers building decentralized social apps.
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@petkanics
Doug Petkanics
8 months
What do projects like @POKTnetwork @helium @DIMO_Network and @Livepeer have in common? Years of hard work, node operators deploying physical infrastructure, and utility that meets the real world far beyond speculation. Taking the stage to talk Meatspace.
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@petkanics
Doug Petkanics
1 year
Proud of the relentless up-and-to-the-right march of the @Livepeer community during markets both bull and bear. It isn't always easy, but the focus on growing adoption is the most sure path to project success and longevity.
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@petkanics
Doug Petkanics
7 years
Excited to open up the project that @ericxtang and I have been working on for months. Livepeer.
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@petkanics
Doug Petkanics
5 years
Just published an update on the @LivepeerOrg Ecosystem one year after launch. Thanks for all the great community contributions and development.
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@petkanics
Doug Petkanics
2 years
And the calm is over. First payments ticket to a node operator for video encoding cashed in on L2. $2.11 in fees to cash it in, versus sometimes over $100 on L1. Now's a good time to put your GPUs on Livepeer!
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@petkanics
Doug Petkanics
4 years
A lot of work went into this protocol upgrade for Livepeer over the past year, especially from @YondonFu , NicoV, and the awesome LP Engineering team. This unlocks video processing at scale on an open, public network. Now to take this base and bring it to users.
@Livepeer
Livepeer
4 years
The Streamflow protocol upgrade is complete and the latest software release is out. There are now 100 node slots available on the network that can be active when the next round begins.
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@petkanics
Doug Petkanics
2 years
. @LensProtocol profile activated. Let the follow graph revolution begin.
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@petkanics
Doug Petkanics
2 years
The OG’s @ericxtang who co-authored the Non Fungible Unique Good (NFUG) standard in 2016, and @dfinzer , Founder of @opensea , taking us back to the original days of NFTs.
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@petkanics
Doug Petkanics
6 years
The @coinfund_io slack was probably where I observed the deepest and most thoughtful analysis on decentralized tech as I was getting started building in this area. Thanks for the thoughts on the early days of @LivepeerOrg network economics.
@jbrukh
Jake Brukhman
6 years
The @LivepeerOrg team has planned and executed a tremendous undertaking for their decentralized protocol so far. 🍻 Putting down some thoughts on the realities of Livepeer’s token model as it exists today. . . 👇
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@petkanics
Doug Petkanics
4 months
Now that we're bringing generative video and other AI video capabilities to the @Livepeer network, we're looking to add a Senior Engineer to the team to work at the intersection of open source AI models, distributed computing, and blockchain protocols.
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@petkanics
Doug Petkanics
2 years
Not to take us back to 2008, but...we could really use a web3 version of Disqus. Wallet based, portable commenting and discussion history that brings your reputation with you across the growing universe of web3 community content. Could be easily built on @LensProtocol .
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@petkanics
Doug Petkanics
6 years
Latest blog post: my controversial ideas about why proof of stake protocols should target participation rate instead of predictable token issuance.
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@petkanics
Doug Petkanics
2 years
Entrepreneurship is an ultramarathon with a lot of grinding and few moments of celebration along the way. But yesterday was one of the highlights of a 14 year entrepreneurial journey - 1st ever @Livepeer community summit with 90 community members, projects, team in one place.
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@petkanics
Doug Petkanics
1 year
Check out the new public @Livepeer feature request portal.
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@petkanics
Doug Petkanics
4 years
With Ethereum gas prices and txn fees rising tremendously, it's worth checking in on how @LivepeerOrg 's probabilistic micropayments are holding up as a scaling solution. They're working quite nicely... 1/4
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@petkanics
Doug Petkanics
7 years
I thought folks walking off of flights in costume at 8am this morning had dedication, but this Bezos execution takes the cake @ryandawidjan
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@petkanics
Doug Petkanics
2 years
At the end of 2021, high ETH txn fees made it very difficult for node operators (O's) on @Livepeer to increase LPT ownership unless they had a lot of stake. The network team focused on this goal, and one network upgrade + one UX upgrade later, and we're in much better shape.
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@petkanics
Doug Petkanics
1 year
In the early days of @Livepeer creators would always show up to the community looking to stream on a platform they controlled, but we were an infrastructure, not an application. Excited that now there are great apps like @beemxyz that can serve them directly.
@livepeerstudio
Livepeer Studio
1 year
Check out our overview of Beem, a web3 social platform for video streaming @beemxyz 🎥🤳🏻 Beem in 100 Seconds 👇🏻
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@petkanics
Doug Petkanics
4 years
New post about how live streaming is playing an increasingly important role in our new socially distanced world, how the current infrastructure is buckling, and how Livepeer can help the streaming platforms society needs today
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@petkanics
Doug Petkanics
2 years
Once again YouTube has banned educational accounts such as @BanklessHQ and @optimismPBC with no warning or reason. There are many calls to build a web3 native version to help prevent this, but here are some non-obvious considerations to take into account for the groups trying. 🧵
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@petkanics
Doug Petkanics
2 years
Hot tip for all the builders out there. The new includes an easy-to-use video player component that can play video direct from @IPFS CIDs.
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@petkanics
Doug Petkanics
2 months
Video transcoding price/pixel by node operator location on the @Livepeer network.
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@petkanics
Doug Petkanics
1 year
Enjoying the @Livepeer 2022 Node Operator awards, in which the community designed custom artwork NFTs with hidden Livepeer logo. Great job @Titan_Node on the awards and Chase on the art!
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@petkanics
Doug Petkanics
1 year
A couple of people in this crazy industry we should all be thankful for: @peter_szilagyi and @danfinlay . Thank you!
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@petkanics
Doug Petkanics
11 days
I first met @sinahab when we were collaborating with Truebit during the early days of blockchain coordinated work networks. This conversation was both a nice history lesson and look towards the future. Thanks Sina!
@sinahab
Sina Habibian - sinahab.eth
11 days
Here is my conversation with @petkanics and @ericxtang . We talk about video's increasingly important role on the internet, the impact of generative AI, and how @Livepeer is able to provide a 90% cost improvement over cloud services by putting excess compute capacity to work.
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@petkanics
Doug Petkanics
6 years
This is the first of many worldwide Ethereum meet ups that I hope will choose to livestream using decentralized streaming infrastructure.
@ethchris
Chris
6 years
Berlin #Ethereum Meetup is being live-streamed today by @LivepeerTV at using a decentralized infrastructure! Join us now!
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@petkanics
Doug Petkanics
6 years
Just published “The Web3 Video Stack” with @Felipether and @jellegerbrandy - a deep dive into the current and missing layers to enable decentralized video streaming.
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@petkanics
Doug Petkanics
4 years
@cburniske I still think that a Mechanical Turk like platform that enables anyone in the world to earn by performing tasks on a good mobile app experience, and settles payments in crypto, enabling access to global work marketplace would be a huge crypto onboarding mechanism.
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@petkanics
Doug Petkanics
2 years
The @Livepeer protocol explorer was one of the first polished web3 apps 4.5 years ago, and it's continued to evolve to stay at the forefront of utility and design for protocol users. Check out the latest major update.
@Livepeer
Livepeer
2 years
The Livepeer Explorer update is live! 💻 👇🧵Highlights of the changes
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@petkanics
Doug Petkanics
9 months
The Livepeer protocol has been great at routing funding towards infrastructure operators over the years, but now it may finally have a mechanism for routing funding towards the video builders innovating on top of the network. The Delta proposal vote is coming...
@Livepeer
Livepeer
9 months
Livepeer Delta // What you Need to Know An exciting moment: Introducing sustainable public goods funding through a community governed, onchain treasury. Learn more about what this means, when it's happening, and how to get involved today ⬇️⬇️
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@petkanics
Doug Petkanics
1 year
Video stored on decentralized storage networks takes a long time to load and doesn't always play back without buffering. We've been working to make sure that this is no longer the case, and applications and their users get a fast and flawless playback experience.
@livepeerstudio
Livepeer Studio
1 year
We've been working on something REALLY exciting ✨ Have you ever wondered how to optimally stream video from decentralized storage? High-quality video processing power w/ @Livepeer + Decentralized storage w/ @IPFS & @ArweaveTeam 💾🌐 Keep reading... 👇🧵 1/8
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@petkanics
Doug Petkanics
3 months
Anyone who’s entered the @Livepeer community in the past few years has undoubtedly benefited from support, education, hosting, and more from Titan and Chase!
@Livepeer
Livepeer
3 months
Livepeer is a family affair ❤️ We’re thrilled to have Orchestrators @Titan_Node @Chase1Media and our littlest Livepeer community member @EthereumDenver 🦄🦄🦄
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@petkanics
Doug Petkanics
10 months
Another great @broadcastitbabe Summit this week in Paris. Thanks to all who organized and joined. My number one thematic insight and source of inspiration coming out of it was… * Innovative onchain media that connects with the mainstream won’t derive from Twitter clones.
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@petkanics
Doug Petkanics
3 years
In person events are back! Ready for @MessariCrypto 's Mainnet conference in NYC, where I'll share a Livepeer update, and talk Web3 with a series of other core infrastructure projects.
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@petkanics
Doug Petkanics
7 months
Yesterday I instructed my team not to spend any further time planning for, supporting, nor attending the Web Summit conference this year. In the face of the barbaric terrorist attacks by Hamas within Israel, murdering thousands and taking hundreds hostage, I was dismayed by the
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@petkanics
Doug Petkanics
7 years
Everyone has a voice. Use it.
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@petkanics
Doug Petkanics
1 year
I hope that whatever disrupts YouTube doesn’t reward the open mouth thumbnail pic.
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@petkanics
Doug Petkanics
5 years
You'd be shocked at how many emails I get addressed to "Dough".
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@petkanics
Doug Petkanics
6 years
The open claim period for Livepeer Token began on Thursday, July 26th and is ongoing for the next few months.
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@petkanics
Doug Petkanics
1 year
To everyone worried they can no longer stake through their exchange accounts, I’d be happy to show you how you can easily stake direct on the @Livepeer Network, help QA the world’s open video infrastructure, and earn a share of fees in the process.
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@petkanics
Doug Petkanics
2 years
This will be a big trend in the next year as the NFT space and video merge: you can store video in @IPFS , but the playback quality is slow and buffer-ridden. @Livepeer can enable fast and high quality playback off IPFS, without sacrificing the superpower of content verifiability.
@IPFS
IPFS
2 years
“Why is Livepeer on IPFS so powerful? 😎Guaranteed payback quality 💻Chain-agnostic building ✅Verifiable content …to name a few.” - @shanvasion of @Livepeer on the #IPFSCamp ‘IPFS User Apps’ stage #LabWeek22
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@petkanics
Doug Petkanics
2 years
If the primary value prop of a token is "generating yield" through staking, it's likely NGMI. Staking should be about increasing one's participation in the future state of the network: increasing ability to add value through security, curation, governance, or public goods funding
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@petkanics
Doug Petkanics
5 years
Big congrats to the @cosmos team for launching their network yesterday. The original whitepaper was one of the most heavy influences on the Livepeer economic design, and going forward I expect big impact from the many creative uses of this network.
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@petkanics
Doug Petkanics
6 years
For those looking to understand Stablecoins, this is a great overview by @myles_snider
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@petkanics
Doug Petkanics
1 year
@mdudas "The Gell-Mann amnesia effect is a phenomenon where experts identify flaws and discredit media stories about their field of expertise, but suffer a sort of 'amnesia' when they believe stories in the same media about fields where they are not experts."
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@petkanics
Doug Petkanics
5 years
Just went through the yearly domain renewal for this weekend. This site was a simple home for @ericxtang and I as we committed to digging into blockchain technology, and it highlights 6 of the most intellectually productive working months of my career.
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@petkanics
Doug Petkanics
5 months
Really proud to highlight the hard work the team has put in to mature Livepeer Studio to this level of feature completeness and reliability. Check out the latest features in the new interactive docs.
@Livepeer
Livepeer
5 months
Building with video just got better 🛠 📹 🦾 📣 Today we're announcing a major AI-powered upgrade to Livepeer docs and developer tools, including new killer video feature releases from Livepeer Studio 👇
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@petkanics
Doug Petkanics
6 years
Heading to Prague to hang with the Ethereum community next week. If you want to spend an hour digging into Probabalistic Micropayments on Tuesday, let me know.
@Livepeer
Livepeer
6 years
These are the topics Livepeer will be exploring at Devcon4 next week. Get in touch if you want to discuss or participate in a breakout on Probabilistic Micropayments:
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@petkanics
Doug Petkanics
11 months
I've long thought decentralized social media would mimic Reddit, more than other popular scaled social apps: Decentralized communities coordinating on moderation according to their own charter, with their own baked in native monetization. Today's Reddit protests show what
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@petkanics
Doug Petkanics
2 years
I'm as pumped about recent Livepeer network usage increases as anyone, but I think this week's outsized projections are more due to some scale testing going on for updates to the network's VOD capabilities than new app growth. Your regularly scheduled growth returns next week ;)
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@petkanics
Doug Petkanics
6 months
. @tallyxyz is rolling out Proposal Rewards, allowing authors of governance proposals to receive a portion of the funds allocated if the proposals pass. I like the experiment. Will it be used to compensate the technical writers for the act of authoring the proposals, or to
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@petkanics
Doug Petkanics
3 years
And while I'm dishing out congrats - nice work to @osmosiszone and @akashnet_ as well. Really great stuff going on over there.
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@petkanics
Doug Petkanics
3 years
This guy streaming on PlayDJ (one of the sites using @LivepeerOrg ) is over 24 hours into a incredible marathon 40-hour DJ set for the Mind charity for mental health, and has raised over £11,000. He's going for £20K. Let's get him there!
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@petkanics
Doug Petkanics
1 year
A lot of apps in the web3 space claim that they'll create a full-featured creator platform - events, whitelabeled experience, live + on demand video, NFT drops, chat, and more. @beemxyz is ahead of the game in terms of shipping all this functionality. Check it out.
@0xcyp
cyp
1 year
🚨 huge @beemxyz release - be your own platform! we heard people were complaining about the lack of use cases for NFTs and crypto - and we've been focused at delivering these use cases in the past few months 🫡 let's jump right into it: 1) deeper @Livepeer integration
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@petkanics
Doug Petkanics
1 year
The @Xeenon_XYZ app is ahead of the game on experimenting with demand side business models in the Livepeer ecosystem. Earning inflation funding, running infra for its own app but handling other user's traffic when capacity is available. Encouraging user ownership through staking.
@dappslap
dappslap
1 year
Did you know we recently cut our Fee Cut on our orchestrator to 5%? What that means for you. 👇
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@petkanics
Doug Petkanics
6 years
Livepeer NY took a 3-minute timeout from launch mayhem to do this dance.
@jozanza
jozanza 🎮💜
6 years
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@petkanics
Doug Petkanics
11 months
In the early days of @Livepeer , events would always come to us and ask for streaming help. But as an infra platform we'd always tell people that they should be using event specific apps and production setups built on Livepeer, rather than Livepeer itself. @streameth is that app.
@streameth
StreamETH
11 months
Meet @streameth , your gateway to decentralised live streaming💜 We're an open source platform for ETH communities to host Virtual Meetups, Conferences and Hackathons. Perfect for large events like @EFDevcon 2022 (60k+ live views) Why is it vital? How do we operate? Read on💜🧵
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@petkanics
Doug Petkanics
6 years
Don't know how I missed this. Major step forward for using DApps and interacting with protocols with confidence. Nice work @metamask_io
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@petkanics
Doug Petkanics
2 years
If you had fun hobbyist mining ETH the past few years, and are looking for something to do with that GPU rig you just unplugged, check out the @Livepeer video mining community and throw it on the world's open video infrastructure network.
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@petkanics
Doug Petkanics
2 years
Friday night. Time to transform from Doug Petkanics to dob.eth.
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@petkanics
Doug Petkanics
6 months
Just discovered an AI assistant hidden within the new @Livepeer docs. Streaming on open infrastructure just got easier. 🔥
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@petkanics
Doug Petkanics
7 years
Onboarding new Livepeer/Swarm nodes one linux installation process at a time ;) #swarmsummit
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@petkanics
Doug Petkanics
6 years
Here're a few things the ETH community might find interesting about Livepeer's launch: one of the first delegated stake-based protocols to go live on mainnet, broadcast video using ETH today, and the MerkleMine genesis method:
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@petkanics
Doug Petkanics
8 months
Governance is back. Voting opened today on two proposals to introduce a community governed, onchain treasury to @Livepeer , funded directly from the protocol via inflation.
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