Eric Tang of Livepeer talks off-chain computation
Zero Knowledge
00:00
Exploring Off-Chain Computation in Decentralized Protocols
The chapter delves into the efficiency of video transcoding through cryptocurrency mining infrastructure, discussing cost savings and revenue generation. It contrasts decentralized computation with centralized providers, emphasizing the unique benefits of the crypto-economic landscape. The chapter also touches on incentive mechanisms, verifying actions on the blockchain, and balancing on-chain and off-chain activities.
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