mirror of
https://github.com/LBRYFoundation/lbry.com.git
synced 2025-08-23 09:37:26 +00:00
Capital C Credits (PHASE 3 on News) (#1403)
* Update 003-5-questions-about-lbry.md * Update 009-introducing-lbry-the-bitcoin-of-content.md * Update 016-digging-into-lbry.md * Update 019-free-lbry-credits-come-and-get-em.md * Update 020-open-a-valve-to-gush-classic-movies.md * Update 022-building-the-web-3-0-decentralizing-content-in-an-age-of-centralization.md * Update 023-bravenewcoin.md * Update 024-our-christmas-surprise.md * Update 025-huemer-joins-lbry-ethical-advisor.md * Update 027-lbry-adds-chief-growth-officer-josh-finer.md * Update 030-try-lbry-on-os-x-el-capitan.md * Update 032-if-lbry-succeeds-humanity-wins-lbry-ceo-on-lions-of-liberty-podcast.md * Update 035-why-doesnt-lbry-just-use-bitcoin.md * Update 036-built-for-artists-by-autists-lbry-takes-autism-personally.md * Update 040-tipping-in-LBC.md * Update 045-lbry-blockchain-live-mine-lbc-now.md * Update 046-lbry-at-porcfest-first-public-screening-film-via-blockchain.md * Update 047-beta-live-declare-independence-big-media.md * Update 048-lbry-credits-on-bittrex.md * Update 049-mysterious-100k-lbc-revealed.md * Update 050-1.2B-market-cap-we-dont-care.md * Update 069-reddit-ama-answers.md * Update 071-credit-policy-third-quarter-report.md * Update 077-lbry-windows.md * Update 114-coinomiwallet.md * Update 123-popup-open-beta.md * Update 129-lbry-release-first-run-wallet-invites-rewards.md * Update 134-new-lbry-version-with-search.md * Update 135-kaze.md * Update 136-johncleese.md * Update 137-nilered.md * Update 139-MemeSafe.md * Update 140-3blue1brown.md * Update 141-lbry-is-trending.md * Update 142-unbubbled.md * Update 147-lbry-shifting-into-high-gear.md * Update 158-LBRY-in-2017-2018.md * Update 159-lbry-development-community-update-Jan-2018.md * Update 163-lbry-development-community-update-Feb-2018.md * Update 167-lbry-development-community-update-Apr-2018.md * Update 169-what-is-chainquery.md * Update 172-lbry-development-community-update-May-2018.md * Update 175-austen.md * Update 176-lbry-development-community-update-June-2018.md * Update 178-lbry-development-community-update-july-2018.md * Update 181-the-LBRY-economy.md * Update 204-hf1903.md * Update 226-sept-dev-2019.md
This commit is contained in:
parent
6b520f87a6
commit
49c841c9ea
48 changed files with 81 additions and 81 deletions
|
@ -33,7 +33,7 @@ infringement. LBRY Inc. strongly encourages creators to refrain from publishing
|
|||
patrons to wait for authorized providers to source content.
|
||||
|
||||
Additionally, we've designed LBRY to protect miners and hosts. Content about information, or metadata, is stored in the LBRY blockchain
|
||||
and is required in the production of LBRY credits. Hosts only store tiny pieces of encrypted information, so they never have knowledge
|
||||
and is required in the production of LBRY Credits. Hosts only store tiny pieces of encrypted information, so they never have knowledge
|
||||
of their content nor, from a technical perspective, do they possess it. However, we are not your lawyers and this is neither
|
||||
legal advice nor a promise.
|
||||
|
||||
|
|
|
@ -16,7 +16,7 @@ File sharing went mainstream with Napster. For the first time, content could be
|
|||
>
|
||||
> *— Jeremy Kauffman, co-founder of LBRY*
|
||||
|
||||
Content in LBRY is encrypted by its publisher, then cut apart and distributed to a decentralized network of host servers. LBRY hosts do not know the content of the encrypted files they store, and nobody can access the complete content without the publisher's unique decryption key. The publisher can exchange the key for a specified number of LBRY credits – a cryptocurrency native to the LBRY protocol.
|
||||
Content in LBRY is encrypted by its publisher, then cut apart and distributed to a decentralized network of host servers. LBRY hosts do not know the content of the encrypted files they store, and nobody can access the complete content without the publisher's unique decryption key. The publisher can exchange the key for a specified number of LBRY Credits – a cryptocurrency native to the LBRY protocol.
|
||||
|
||||
Not only do LBRY publishers literally hold the keys to their content, but the end-user experience is also vastly improved compared to torrents. By encrypting and distributing content across the blockchain, LBRY provides a one-step streaming and downloading experience to the content-consuming patron.
|
||||
|
||||
|
@ -28,7 +28,7 @@ Here's what a publisher and patron relationship looks like in LBRY:
|
|||
|
||||
1. The film is encrypted and sliced into many pieces. These pieces are distributed to hosts. Jessica has now "published" her film in LBRY.
|
||||
|
||||
1. Patron John wants to watch the movie, so he visits `lbry://futurelibraryfilm` and pays 5 credits to decrypt and watch the film. Those credits go to compensate Jessica for publishing the work and the many hosts for storing the content.
|
||||
1. Patron John wants to watch the movie, so he visits `lbry://futurelibraryfilm` and pays 5 Credits to decrypt and watch the film. Those Credits go to compensate Jessica for publishing the work and the many hosts for storing the content.
|
||||
|
||||
1. John's LBRY client seamlessly streams or downloads the film by collecting the pieces from the hosts and reassembling them.
|
||||
|
||||
|
|
|
@ -53,7 +53,7 @@ However, we think LBRY will be far more than this and be used in ways we cannot
|
|||
|
||||
**Vine:** LBRY is definitely designed with the independent artist in mind. Unlike BitTorrent, LBRY's protocol actually incentivizes hosts to make available "obscure French indie films," as you say. With BitTorrent, the greater number of people seeding and leeching a file, the faster it goes for everyone. That's bad for obscure works.
|
||||
|
||||
LBRY's hosts are motivated by what price people are paying for a given piece of a file, so as long as those indie cultists are willing to pony up a few more credits to get Un Chien Parlez-vous, it should remain readily available. Also, artists don't have much of an incentive to make their works available on BitTorrent because there is no built-in payment system.
|
||||
LBRY's hosts are motivated by what price people are paying for a given piece of a file, so as long as those indie cultists are willing to pony up a few more Credits to get Un Chien Parlez-vous, it should remain readily available. Also, artists don't have much of an incentive to make their works available on BitTorrent because there is no built-in payment system.
|
||||
|
||||
With LBRY, artists have a turnkey publishing, distribution, and payment platform – all encapsulated in a neat little LBRY name like lbry://hipstershorts. Over time, LBRY's killer app will be its lower cost and greater reach than centralized media.
|
||||
|
||||
|
|
|
@ -4,7 +4,7 @@ title: 'Free LBRY Credits: Come and Get 'Em!'
|
|||
date: '2015-11-24 19:43:59'
|
||||
---
|
||||
|
||||
We are fast approaching the deadline to earn free LBRY credits (LBC) by being an alpha tester of the LBRY protocol. That's right – we're giving away 1,000 LBC to anyone who just **tries** to install LBRY, then completes our survey. [Get it here](/get) and be the first on your block with LBC.
|
||||
We are fast approaching the deadline to earn free LBRY Credits (LBC) by being an alpha tester of the LBRY protocol. That's right – we're giving away 1,000 LBC to anyone who just **tries** to install LBRY, then completes our survey. [Get it here](/get) and be the first on your block with LBC.
|
||||
|
||||
A warm shoutout to Amanda Johnson, who reminded her viewers of this opportunity in the most recent regular episode of [The Daily Decrypt](https://www.youtube.com/channel/UCqNCLd2r19wpWWQE6yDLOOQ/featured).
|
||||
<p style="text-align: center;"><img src="https://spee.ch/@move:b/rH04oCZ.png" alt="The Daily Decrypt plugs LBRY"></p>
|
||||
|
|
|
@ -22,6 +22,6 @@ In fact, LBRY is a valve that could literally gush movies.
|
|||
|
||||
The LBRY platform allows movie buffs like Will McKinley and Nora Fiore to connect directly to content published by anyone – including major movie studios. It also lets producers distribute content to niche markets in an economically viable way.
|
||||
|
||||
Universal could easily publish "Alias Nick Beal" at the URL lbry://AliasNickBeal. Classic film lovers searching for the movie by title or keyword could then access the link and spend credits to watch the movie. Universal gets paid, and the user gets a hassle-free, seamless movie-viewing experience, all without any reserving server space or negotiating complex licensing deals.
|
||||
Universal could easily publish "Alias Nick Beal" at the URL lbry://AliasNickBeal. Classic film lovers searching for the movie by title or keyword could then access the link and spend Credits to watch the movie. Universal gets paid, and the user gets a hassle-free, seamless movie-viewing experience, all without any reserving server space or negotiating complex licensing deals.
|
||||
|
||||
LBRY provides just the outlet movie studios need to bring these wonderful classic films out of their musty vaults and into the living rooms of eager movie fans. Let's open the valve!
|
||||
|
|
|
@ -10,4 +10,4 @@ Still trying to wrap your head around LBRY? Mike Vine, our Technology Evangelist
|
|||
|
||||
<iframe width="560" height="315" src="https://www.youtube.com/embed/u-03CWZeLpc?rel=0" frameborder="0" allowfullscreen></iframe>
|
||||
|
||||
**Are you excited about LBRY? Do you want to get involved in building the Internet of the future? Become an alpha tester today and earn 1000 LBRY credits – [sign up here](/get).**
|
||||
**Are you excited about LBRY? Do you want to get involved in building the Internet of the future? Become an alpha tester today and earn 1000 LBRY Credits – [sign up here](/get).**
|
||||
|
|
|
@ -22,6 +22,6 @@ There's just one detail BraveNewCoin gets wrong in their conclusion:
|
|||
|
||||
> Both Alexandria and LBRY have their strengths and weaknesses, and perhaps both will find a niche and thrive. Without accepting bitcoins, however, LBRY could have a tough time convincing users to buy and use an additional currency. Meanwhile, Alexandria has a clear lead in development. No matter which succeeds, we can all look forward to new ways for publishers to distribute content.
|
||||
|
||||
The truth is that the LBRY protocol will allow patrons to pay publishers and hosts in BTC, though the default is LBC (LBRY credits). So as far as the patron is concerned, LBRY can run on bitcoin. The only time a user must use LBC is to reserve a name to **publish** content.
|
||||
The truth is that the LBRY protocol will allow patrons to pay publishers and hosts in BTC, though the default is LBC (LBRY Credits). So as far as the patron is concerned, LBRY can run on bitcoin. The only time a user must use LBC is to reserve a name to **publish** content.
|
||||
|
||||
You don't have to take our word for it – start playing with the LBRY protocol yourself! [Sign up here to become an Alpha Tester and earn 1,000 LBC](/get).
|
||||
|
|
|
@ -30,4 +30,4 @@ We know, and you're welcome.
|
|||
|
||||
Happy holidays, and have a wonderful new year!
|
||||
|
||||
*Want to get us something for Christmas? [Sign-up to become an Alpha Tester](/get) and earn 1,000 LBRY credits!*
|
||||
*Want to get us something for Christmas? [Sign-up to become an Alpha Tester](/get) and earn 1,000 LBRY Credits!*
|
||||
|
|
|
@ -32,4 +32,4 @@ With decentralization at its core, LBRY is designed to be a "trustless system,"
|
|||
|
||||
"Professor Huemer studies a subject few will touch nowadays: ethics. He's known for starting from premises everyone can agree on and be arriving at profound conclusions – simply by following a logical train of thought," Vine said. "If LBRY succeeds, the executive team will face decisions that will affect multitudes of people. I'm glad to have someone on board who can serve as an independent voice if we lose sight of our mission, or start rationalizing short-sighted decisions. Many people will question what use a company has for an Ethical Advisor; the better questions is why every company doesn't have one."
|
||||
|
||||
*Want to join Professor Huemer and the rest of the LBRY team? [Become an Alpha Tester and receive 1,000 LBRY credits (LBC)](/get).*
|
||||
*Want to join Professor Huemer and the rest of the LBRY team? [Become an Alpha Tester and receive 1,000 LBRY Credits (LBC)](/get).*
|
||||
|
|
|
@ -37,4 +37,4 @@ Mike Vine, LBRY's Technology Evangelist, said that he is thrilled to have a prof
|
|||
> "We've only just started working together, and I already see what Josh brings to the project. I am anxious to tell the world about using a blockchain to deliver content into every living room, and Josh is going to make sure that message reaches key audiences. We're looking for developers, artists, and investors to come together to make this work. We're already moving forward, but Josh will turn our steps into leaps."
|
||||
|
||||
|
||||
***<p style="text-align: center;">[Become a LBRY Alpha Tester and earn 1,000 LBRY credits (LBC)](/get).</p>***
|
||||
***<p style="text-align: center;">[Become a LBRY Alpha Tester and earn 1,000 LBRY Credits (LBC)](/get).</p>***
|
||||
|
|
|
@ -4,7 +4,7 @@ title: Try LBRY's Graphical Interface On OS X El Capitan
|
|||
date: '2016-01-23 00:15:31'
|
||||
---
|
||||
|
||||
We're pleased to announce a new Alpha version of LBRY featuring a browser-based graphical interface for OS X El Capitan. Anyone with an up-to-date Mac can now test out the library of the future – and earn 1,000 LBRY credits. [Try it now](/get). Here's a demo:
|
||||
We're pleased to announce a new Alpha version of LBRY featuring a browser-based graphical interface for OS X El Capitan. Anyone with an up-to-date Mac can now test out the library of the future – and earn 1,000 LBRY Credits. [Try it now](/get). Here's a demo:
|
||||
|
||||
<iframe src="https://www.youtube.com/embed/2KmqQD6qK1c?rel=0" allowfullscreen></iframe>
|
||||
|
||||
|
|
|
@ -16,4 +16,4 @@ Kauffman also didn't shy away from the tough questions Clair asked concerning qu
|
|||
|
||||
> "The publishers, the creators, the people who actually make the stuff – if they don't end up making more money in this [LBRY] system, we've failed, and it was absolutely not what we intended."
|
||||
|
||||
**<p style="text-align: center;">It's not too late to become an Alpha Tester of the LBRY Protocol. Earn 1,000 LBC (LBRY credits) for installing the protocol and completing our brief survey. [Get started now](/get).</p>**
|
||||
**<p style="text-align: center;">It's not too late to become an Alpha Tester of the LBRY Protocol. Earn 1,000 LBC (LBRY Credits) for installing the protocol and completing our brief survey. [Get started now](/get).</p>**
|
||||
|
|
|
@ -18,7 +18,7 @@ In blockchain-based systems, data (in the case of Bitcoin, transactions) are gro
|
|||
|
||||
LBC block headers contain an additional piece of information: a value which can be used to cryptographically prove to lightweight clients that a particular name maps to a particular value, according to LBRY's unique naming system. For example, when a lightweight client asks, "What content does the name 'wonderfullife' refer to?", a client with a full copy of the LBC blockchain can send back the answer and prove using cryptography that it has given the correct answer. Without that additional piece of information in the block header, lightweight clients (web browsers and smartphones) would not be able to securely use LBRY.
|
||||
|
||||
This is necessary for LBRY because unlike systems built on Bitcoin or other existing altcoins, LBRY's naming system assigns ownership over content through an ongoing auction. Whoever pledges the most credits against a name holds it, subject to a defined window for a counter-bid. These bids are stored in a special tree-shaped data structure on the hard drives of all miners. Whenever the winning bid for a name changes, that change has an effect which spreads all the way up the tree and into the special piece of information stored in LBC block headers.
|
||||
This is necessary for LBRY because unlike systems built on Bitcoin or other existing altcoins, LBRY's naming system assigns ownership over content through an ongoing auction. Whoever pledges the most Credits against a name holds it, subject to a defined window for a counter-bid. These bids are stored in a special tree-shaped data structure on the hard drives of all miners. Whenever the winning bid for a name changes, that change has an effect which spreads all the way up the tree and into the special piece of information stored in LBC block headers.
|
||||
|
||||
### Reason #2 – LBRY could easily overwhelm the maximum transaction volume allowed by Bitcoin.
|
||||
|
||||
|
|
|
@ -12,4 +12,4 @@ A recent New York Times [op-ed](https://well.blogs.nytimes.com/2016/03/18/an-exp
|
|||
|
||||
John's son, Jack Robison, is LBRY's own core developer. Jack, also on the autism spectrum (and who once [faced 60 years in prison](/news/jack-robison-escaped-60-years-in-prison-now-hes-revolutionizing-the-internet) for misunderstood high school chemistry experiments), has been a steadfast advocate for autism rights. To say autism awareness and understanding is an issue near and dear to our hearts is an understatement.
|
||||
|
||||
What's more, we plan to put our credits where our mouth is and grant a significant sum of LBRY credits to [William and Mary's neurodiversity program](https://www.wm.edu/sites/neurodiversity) to further research, education, and outreach into autism.
|
||||
What's more, we plan to put our Credits where our mouth is and grant a significant sum of LBRY Credits to [William and Mary's neurodiversity program](https://www.wm.edu/sites/neurodiversity) to further research, education, and outreach into autism.
|
||||
|
|
|
@ -6,7 +6,7 @@ date: '2016-05-12 00:06:18'
|
|||
|
||||
As our team ramps up for the Beta release of the LBRY protocol, we're making sure to have a little fun too.
|
||||
|
||||
New team member Alex Grin set up a LBC tipbot on LBRY's Slack, so now when someone does something cool, we're high-fiving each other with LBRY credits. It's a great feeling! **We moved from Slack to Discord and the tipbot made its way over as well!**
|
||||
New team member Alex Grin set up a LBC tipbot on LBRY's Slack, so now when someone does something cool, we're high-fiving each other with LBRY Credits. It's a great feeling! **We moved from Slack to Discord and the tipbot made its way over as well!**
|
||||
|
||||

|
||||
|
||||
|
|
|
@ -4,14 +4,14 @@ title: 'Come and Get 'Em! LBRY Credits Now Available to Mine'
|
|||
date: '2016-06-29 00:09:00'
|
||||
---
|
||||
|
||||
Guess what? The LBRY blockchain is now LIVE, and anyone can begin mining LBRY credits (LBC)! At this point, LBC are only mineable by CPU on OS X and Ubuntu. You can get started here: [How do I mine LBRY credits?](/faq/mining-credits)
|
||||
Guess what? The LBRY blockchain is now LIVE, and anyone can begin mining LBRY Credits (LBC)! At this point, LBC are only mineable by CPU on OS X and Ubuntu. You can get started here: [How do I mine LBRY Credits?](/faq/mining-credits)
|
||||
|
||||
**Genesis Block**
|
||||
|
||||
LBRY's genesis block contains 400 million LBC that are reserved for LBRY development. The credits in these wallets are awarded on a fixed basis, as follows:
|
||||
LBRY's genesis block contains 400 million LBC that are reserved for LBRY development. The Credits in these wallets are awarded on a fixed basis, as follows:
|
||||
|
||||
* 10% for organizations, charities, and other strategic partners. Organizations like the EFF, ACLU, and others that have fought for digital rights and the security and freedom of the internet.
|
||||
* 20% for adoption programs. We'll be giving out lots of bonus credits, especially in the early days of LBRY, in order to encourage participation. We will also look to award credits broadly, ensuring the marketplace is egalitarian.
|
||||
* 20% for adoption programs. We'll be giving out lots of bonus Credits, especially in the early days of LBRY, in order to encourage participation. We will also look to award Credits broadly, ensuring the marketplace is egalitarian.
|
||||
* 10% for LBRY, for operational costs as well as profit.
|
||||
|
||||
The final 60% is waiting for YOU! These remaining LBC don't yet exist and can be mined by anyone. You can see [how much has already been mined here](https://explorer.lbry.com).
|
||||
|
@ -31,4 +31,4 @@ Block rewards will remain intentionally low for a short period of time, then inc
|
|||
|
||||
[Join our Discord chat](http://chat.lbry.com) to talk with the team about the technical details.
|
||||
|
||||
Also – you don't have to mine LBC to get involved in LBRY and earn your credits! Let us know what you can offer – from testing/developing our code to uploading your own original films/songs/books/etc.
|
||||
Also – you don't have to mine LBC to get involved in LBRY and earn your Credits! Let us know what you can offer – from testing/developing our code to uploading your own original films/songs/books/etc.
|
||||
|
|
|
@ -22,7 +22,7 @@ In addition to the screening, Jeremy delivered a well-attended talk entitled, "L
|
|||
|
||||
Want to know more about the excellent films having their blockchain premiere on LBRY? Well, join our mailing list with the form below and keep an eye on your inbox this holiday weekend for a BIG announcement. Got your fireworks ready?
|
||||
|
||||
If the suspense is killing you, then go ahead and start mining LBRY credits (LBC) today! Our blockchain is live, and LBC can be mined right now via CPU. [Learn more here](/news/lbry-blockchain-live-mine-lbc-now).
|
||||
If the suspense is killing you, then go ahead and start mining LBRY Credits (LBC) today! Our blockchain is live, and LBC can be mined right now via CPU. [Learn more here](/news/lbry-blockchain-live-mine-lbc-now).
|
||||
|
||||
**PorcFest Media Mentions:**
|
||||
|
||||
|
|
|
@ -48,9 +48,9 @@ Indie production houses have seen the potential in LBRY. **[Oscilloscope Laborat
|
|||
|
||||
In addition to watching these films and other pieces already uploaded to LBRY, there are several ways users can interact with the platform – and begin generating income – once they receive beta access:
|
||||
|
||||
* Cryptocoin enthusiasts can **begin mining our new token**, called *LBRY credits*, by following [these instructions](/faq/mining-credits).
|
||||
* Creators can **upload their own content**, set a price, and start earning credits using the app's publishing tools.
|
||||
* And anyone with spare disk space can **host content** and earn credits simply by downloading something from LBRY and leaving the app running.
|
||||
* Cryptocoin enthusiasts can **begin mining our new token**, called *LBRY Credits*, by following [these instructions](/faq/mining-credits).
|
||||
* Creators can **upload their own content**, set a price, and start earning Credits using the app's publishing tools.
|
||||
* And anyone with spare disk space can **host content** and earn Credits simply by downloading something from LBRY and leaving the app running.
|
||||
|
||||
<p style="text-align: center;">
|
||||
<a href="/get"><strong>Join the Waitlist for Early Access</strong></a>
|
||||
|
|
|
@ -4,11 +4,11 @@ title: 'LBRY Credits Listed on First Exchange! Liquidity Ensues!'
|
|||
date: '2016-07-06 00:06:18'
|
||||
---
|
||||
|
||||
US-based cryptocoin exchange Bittrex has become the first to list LBRY credits (LBC) for trade to/from Bitcoin. In the first day of trading, LBC went from no established value to roughly 50¢ each! Taking into account all the LBC in existence, this would put LBC's market cap at roughly $200 million – higher than Dash, MaidSafeCoin, Dogecoin (wow!), and on par with Litecoin. Amazingly, some 1/3 of all outstanding credits were traded on the first day. [Visit the LBC Bittrex page here](https://www.bittrex.com/Market/Index?MarketName=BTC-LBC).
|
||||
US-based cryptocoin exchange Bittrex has become the first to list LBRY Credits (LBC) for trade to/from Bitcoin. In the first day of trading, LBC went from no established value to roughly 50¢ each! Taking into account all the LBC in existence, this would put LBC's market cap at roughly $200 million – higher than Dash, MaidSafeCoin, Dogecoin (wow!), and on par with Litecoin. Amazingly, some 1/3 of all outstanding Credits were traded on the first day. [Visit the LBC Bittrex page here](https://www.bittrex.com/Market/Index?MarketName=BTC-LBC).
|
||||
|
||||
[](https://bittrex.com/Market/Index?MarketName=BTC-LBC)
|
||||
|
||||
Now before you get too excited, keep in mind that there are very few credits available on the market. Only about 37K (not including the 400M pre-mined credits held by LBRY Inc.). This number will increase dramatically as mining ramps up, and LBRY adoption programs are rolled out. Plus new cryptocoins are notoriously volatile in their early days. So there's no reason to believe that LBC will maintain its current value. Anything can happen from here.
|
||||
Now before you get too excited, keep in mind that there are very few Credits available on the market. Only about 37K (not including the 400M pre-mined Credits held by LBRY Inc.). This number will increase dramatically as mining ramps up, and LBRY adoption programs are rolled out. Plus new cryptocoins are notoriously volatile in their early days. So there's no reason to believe that LBC will maintain its current value. Anything can happen from here.
|
||||
|
||||
But for LBRY, listing on Bittrex is a major milestone in our project. We now have a fully functional beta app, a live cryptocoin that is trading freely on the market, and a growing base of excited miners and users.
|
||||
|
||||
|
@ -16,7 +16,7 @@ But for LBRY, listing on Bittrex is a major milestone in our project. We now hav
|
|||
|
||||

|
||||
|
||||
Bittrex is one of the market-leading cryptocurrency exchanges, giving its users access to more than 190 cryptocurrencies worldwide. These include both well-established cryptocoins like bitcoin and new entrants like LBRY credits. Investors use Bittrex to quickly and securely exchange between cryptocoins, as well as to transfer into and out of fiat currencies like the US dollar. Founded in 2014, Bittrex is based out of the United States and complies with all US financial law for both domestic and international currency trading. Bittrex's mission is to "deliver the fastest and most secure trading platform available."
|
||||
Bittrex is one of the market-leading cryptocurrency exchanges, giving its users access to more than 190 cryptocurrencies worldwide. These include both well-established cryptocoins like bitcoin and new entrants like LBRY Credits. Investors use Bittrex to quickly and securely exchange between cryptocoins, as well as to transfer into and out of fiat currencies like the US dollar. Founded in 2014, Bittrex is based out of the United States and complies with all US financial law for both domestic and international currency trading. Bittrex's mission is to "deliver the fastest and most secure trading platform available."
|
||||
|
||||
From Bittrex.com:
|
||||
|
||||
|
@ -24,6 +24,6 @@ From Bittrex.com:
|
|||
|
||||
**Join the Fun!**
|
||||
|
||||
Are you ready to start using LBRY and earning credits? [Click here](/get) to sign up for our beta waitlist. We will be sending out batches of invite codes over the next few weeks as we carefully scale up the network. Beta users get 200 credits just for trying out the app!
|
||||
Are you ready to start using LBRY and earning Credits? [Click here](/get) to sign up for our beta waitlist. We will be sending out batches of invite codes over the next few weeks as we carefully scale up the network. Beta users get 200 Credits just for trying out the app!
|
||||
|
||||
If you're interested in publishing original content to the network, [email LBRY Curator Reilly Smith](mailto:reilly@lbry.com), and you may be able to jump the queue!
|
||||
|
|
|
@ -8,11 +8,11 @@ With the beta release of LBRY, we've gotten a lot of interest in our protocol an
|
|||
|
||||
Many of you are now paying very close attention to our blockchain to see what we're up to - which we very much welcome. It's public for a reason. If you're one of these LBC watchers, did you happen to notice a 100,000 credit transfer to a *gasp* Bittrex wallet on Thursday? Perhaps that came as a bit of a surprise?
|
||||
|
||||
Well, worry not. This doesn't represent a nefarious plan to dump a bunch of credits on the market. Rather, it's the result of a deal with a very well-known name in crypto to add LBRY credits to their platform. The credits are intended to provide liquidity for LBC in this new marketplace, but the terms of the deal also state that none of the credits can be sold into general circulation for a minimum of 3 months from purchase.
|
||||
Well, worry not. This doesn't represent a nefarious plan to dump a bunch of Credits on the market. Rather, it's the result of a deal with a very well-known name in crypto to add LBRY Credits to their platform. The Credits are intended to provide liquidity for LBC in this new marketplace, but the terms of the deal also state that none of the Credits can be sold into general circulation for a minimum of 3 months from purchase.
|
||||
|
||||
So who is this mysterious buyer? That part will stay a mystery until the formal announcement. But we think our LBC watchers will be very pleased.
|
||||
|
||||
Note that this is the first spend from [LBRY's operational funds](/news/lbry-blockchain-live-mine-lbc-now). Going forward, as we strategically spend credits from the operational, charitable, and promotional funds, we will note the transactions and their purpose on the blockchain.
|
||||
Note that this is the first spend from [LBRY's operational funds](/news/lbry-blockchain-live-mine-lbc-now). Going forward, as we strategically spend Credits from the operational, charitable, and promotional funds, we will note the transactions and their purpose on the blockchain.
|
||||
|
||||
<p style="text-align: center;">
|
||||
<a href="/get"><strong>Join the Waitlist for Early Access</strong></a>
|
||||
|
|
|
@ -23,10 +23,10 @@ Now people who don't know our team very well likely assume we're seeing green, b
|
|||
|
||||
Sure, some people are just seeing a price chart moving straight up and deciding to join the ride. While that may be fun or not very fun depending on how it plays out, it really has little to do with our purpose here at LBRY.
|
||||
|
||||
Currently, 250 thousand LBRY credits (LBC) are in circulation. Over the next year, that number will rise to roughly 80 million just through mining. LBRY Inc. has reserved 200 million for adoption programs, and we intend to deploy them widely over the coming years to give millions of users their first taste of a truly free market in media. There's also another 200 million LBC split between a company reserve and charitable/institutional programs that might stay static for a while, but not forever.
|
||||
Currently, 250 thousand LBRY Credits (LBC) are in circulation. Over the next year, that number will rise to roughly 80 million just through mining. LBRY Inc. has reserved 200 million for adoption programs, and we intend to deploy them widely over the coming years to give millions of users their first taste of a truly free market in media. There's also another 200 million LBC split between a company reserve and charitable/institutional programs that might stay static for a while, but not forever.
|
||||
|
||||
Given all that, are current trading prices justified? As [heavyweight champion Friedrich Hayek](lbry://keynesvhayek) taught us, no one really knows. What we do know is that the long-term value proposition of LBRY is tremendous, but also dependent on our team staying focused on the task at hand: building this thing. We're still a humble little protocol with a beta GUI app that only runs on OS X and Linux. It currently allows around 1000 people to play 3 videos – though in a way that they've never been played before. We're frantically debugging and working on rolling out publishing tools.
|
||||
|
||||
So if you're just tuning in, thank you! We're so glad you're interested, and we're also grinningly excited to see how this plays out. If you have something to contribute (and you surely do), we could use the help. That includes investors, coders, evangelists, content creators, and even people with some spare disk space to sell to the network. Any of these avenues both get LBRY off the ground and will likely cause some credits to drift your way.
|
||||
So if you're just tuning in, thank you! We're so glad you're interested, and we're also grinningly excited to see how this plays out. If you have something to contribute (and you surely do), we could use the help. That includes investors, coders, evangelists, content creators, and even people with some spare disk space to sell to the network. Any of these avenues both get LBRY off the ground and will likely cause some Credits to drift your way.
|
||||
|
||||
By contrast, bidding up credits doesn't really help us get to the next step. We have decided to adopt a policy of neutrality toward the price, and we will be as transparent as possible about our plans for the pre-mined credits. (More on this in an upcoming post.) But our focus now and henceforth will be on the long-term value of the LBRY protocol. Over the long-term, the interests of LBRY and the holders of credits are aligned. So join us for a trek toward our goal: a vast library in your pocket with every film, song, book, and app ever made – powered by a blockchain.
|
||||
By contrast, bidding up Credits doesn't really help us get to the next step. We have decided to adopt a policy of neutrality toward the price, and we will be as transparent as possible about our plans for the pre-mined Credits. (More on this in an upcoming post.) But our focus now and henceforth will be on the long-term value of the LBRY protocol. Over the long-term, the interests of LBRY and the holders of Credits are aligned. So join us for a trek toward our goal: a vast library in your pocket with every film, song, book, and app ever made – powered by a blockchain.
|
||||
|
|
|
@ -118,11 +118,11 @@ So we thought, "what if there were a better way?" Consulting with economists, we
|
|||
|
||||
Before jumping to conclusions about the name-claim system, here are a few key details:
|
||||
|
||||
1. **Names aren't bought, only reserved – no credits are lost, only put on deposit.** If you win the auction for a name, your credits are held with that name until you decide to withdraw them (at any time you wish). You aren't buying the name from anyone, and no one profits off of the transfer of names. It's just a test of who is willing to deposit the most credits toward a name. The only cost is that you can't spend the credits on content or cash them out while they are reserving a name.
|
||||
1. **Names aren't bought, only reserved – no Credits are lost, only put on deposit.** If you win the auction for a name, your Credits are held with that name until you decide to withdraw them (at any time you wish). You aren't buying the name from anyone, and no one profits off of the transfer of names. It's just a test of who is willing to deposit the most Credits toward a name. The only cost is that you can't spend the Credits on content or cash them out while they are reserving a name.
|
||||
|
||||
2. **The longer a name is held, the longer the holder has to counterbid.** You don't just lose the name immediately if a bigger bidder comes along – especially if you've held it for awhile. The time to counterbid scales up to around 1 week.
|
||||
|
||||
3. **Other users can pledge credits to support the name-claim of a creator they like.** If you claim lbry://bestmovieever and your film lives up to the hype, users may show their support by pledging some credits to make sure you hold onto that name.
|
||||
3. **Other users can pledge Credits to support the name-claim of a creator they like.** If you claim lbry://bestmovieever and your film lives up to the hype, users may show their support by pledging some Credits to make sure you hold onto that name.
|
||||
|
||||
4. **Names are not like Youtube channels; they're more like search terms.** Publishers will each get a unique ID that serves as their "channel" and shows all the content they upload. This ID will form permanent links so you can embed your videos on websites and include the link in promotional materials. The bidding system is only meant to get traffic from users trying to "discover" your content through the naming system. Since every comedy video would want to be at lbry://comedy, the name-claim system allows the name to go to the creator who can make the most revenue off of it.
|
||||
|
||||
|
@ -150,13 +150,13 @@ More details on this update will be released shortly. [Subscribe to our mailing
|
|||
**How does the company behind LBRY make money?**
|
||||
----
|
||||
|
||||
The LBRY protocol has a built-in digital currency that allows it to function, called LBRY credits. These credits are very similar to bitcoins. Having a built-in digital currency creates an opportunity for a new kind of business that has never existed: [the protocol-first enterprise](https://medium.com/the-coinbase-blog/app-coins-and-the-dawn-of-the-decentralized-business-model-8b8c951e734f#.6mr8znoiu). LBRY Inc. has reserved 10% of all LBRY credits to fund continued development and provide profit for the founders. Since credits only gain value as the use of the protocol grows, the company has an incentive to continue developing this open-source project. And we can do it all without taking a percentage of anyone's transactions.
|
||||
The LBRY protocol has a built-in digital currency that allows it to function, called LBRY Credits. These Credits are very similar to bitcoins. Having a built-in digital currency creates an opportunity for a new kind of business that has never existed: [the protocol-first enterprise](https://medium.com/the-coinbase-blog/app-coins-and-the-dawn-of-the-decentralized-business-model-8b8c951e734f#.6mr8znoiu). LBRY Inc. has reserved 10% of all LBRY Credits to fund continued development and provide profit for the founders. Since Credits only gain value as the use of the protocol grows, the company has an incentive to continue developing this open-source project. And we can do it all without taking a percentage of anyone's transactions.
|
||||
|
||||
Here's how LBRY Inc. **doesn't** make money:
|
||||
|
||||
- **We do not take a cut of any transactions.** When you buy content on LBRY, 100% of the listed price goes to the publisher. There is also a fee paid to the decentralized network of hosts that store and deliver the content to you. LBRY Inc. doesn't take any of that unless the company is publishing or hosting content itself. The same rules apply to everyone.
|
||||
- **We do not earn profits from auctioning of names**, nor do we benefit from bidding wars over names. Our goal with the naming system is simply to allocate names most efficiently to benefit users.
|
||||
- **This is not a "pump and dump" scheme or vaporware.** See my essay [$1.2B Valuation and We Don't Care](/news/1.2b-market-cap-we-dont-care). LBRY credits have already experienced a bubble, and we paid it no mind. LBRY is real software with a live blockchain and thousands of active users. Our goal is to increase the long-term value of the protocol, which if adopted globally will make our reserve many times more valuable than any short-term bubble. We've already invested 10,000 working hours into this project, and it will take many more, but we're patient and focused on the future.
|
||||
- **This is not a "pump and dump" scheme or vaporware.** See my essay [$1.2B Valuation and We Don't Care](/news/1.2b-market-cap-we-dont-care). LBRY Credits have already experienced a bubble, and we paid it no mind. LBRY is real software with a live blockchain and thousands of active users. Our goal is to increase the long-term value of the protocol, which if adopted globally will make our reserve many times more valuable than any short-term bubble. We've already invested 10,000 working hours into this project, and it will take many more, but we're patient and focused on the future.
|
||||
|
||||
We are also exploring ways to generate revenue above our credit reserve, including providing value-added services to LBRY users and/or consulting to large content producers who want to harness LBRY. But remember, by design, **we are not able** to singlehandedly change the rules on users in an attempt to "monetize" all of your contributions to the network.
|
||||
|
||||
|
|
|
@ -5,13 +5,13 @@ date: '2016-10-05 00:06:18'
|
|||
cover: 'lbry-3d-1000.png'
|
||||
---
|
||||
|
||||
As Mike Vine explained in [our recent FAQ](/news/reddit-ama-answers#whatis), LBRY-the-protocol is quite different from LBRY-the-company. With the launch of LBRY's live blockchain, the company created three reserve pools of credits to serve specific purposes. LBRY, Inc. will administer these reserves to promote the use and growth of the protocol.
|
||||
As Mike Vine explained in [our recent FAQ](/news/reddit-ama-answers#whatis), LBRY-the-protocol is quite different from LBRY-the-company. With the launch of LBRY's live blockchain, the company created three reserve pools of Credits to serve specific purposes. LBRY, Inc. will administer these reserves to promote the use and growth of the protocol.
|
||||
|
||||
**The three reserve funds:**
|
||||
|
||||
- **Community Fund:** (200M credits) Reward early adopters, new users, and community contributions.
|
||||
- **Institutional Fund:** (100M credits) For strategic partnerships or assistance with charities, non-profits, and other institutions.
|
||||
- **Operational Fund:** (100M credits) To allow LBRY, Inc. to function and profit.
|
||||
- **Community Fund:** (200M Credits) Reward early adopters, new users, and community contributions.
|
||||
- **Institutional Fund:** (100M Credits) For strategic partnerships or assistance with charities, non-profits, and other institutions.
|
||||
- **Operational Fund:** (100M Credits) To allow LBRY, Inc. to function and profit.
|
||||
|
||||
**LBRY, Inc. is committed to transparency in our use of these funds.** You can learn more about the purposes of these funds and track the public wallets associated with them on our Credit Policy page:
|
||||
|
||||
|
@ -26,7 +26,7 @@ The [Third Quarter 2016 Report](https://lbry.com/credit-reports/2016-q3) is now
|
|||
- All fund expenditures were substantially below estimates.
|
||||
- 276,778 LBC were distributed from the [Community Fund](https://docs.google.com/spreadsheets/d/1zPG58YuLPqpB3yzypntRWouoEVc4saDOifpnvnwS8Rc/edit?ts=57f28d0e#gid=0) to alpha testers, beta testers, community managers, and [bounty hunters](/bounty).
|
||||
- 100,000 LBC were distributed from the Operational Fund to ShapeShift to provide liquidity on their platform.
|
||||
- No institutional credits were moved or spent.
|
||||
- No institutional Credits were moved or spent.
|
||||
- No anticipated sales from operational reserve until at least the Second Quarter 2017.
|
||||
|
||||
**Not on LBRY yet?** [Get an invite here](/get). Know some great public domain content to share? Have high-quality scans? Email [reilly@lbry.com](mailto:reilly@lbry.com) for a trip to the front of the line.
|
||||
|
|
|
@ -12,7 +12,7 @@ LBRY is currently compatible with Windows 7 and higher. That's 90% of the deskto
|
|||
|
||||
- Search, browse, then download or stream all LBRY content.
|
||||
- Upload original content.
|
||||
- Send LBRY credits (LBC) between users.
|
||||
- Send LBRY Credits (LBC) between users.
|
||||
|
||||
Check out this short demo video:
|
||||
|
||||
|
@ -21,7 +21,7 @@ Check out this short demo video:
|
|||
- 0:05 – **Discover:** LBRY's home content discovery screen. Content on the left is featured and updated by LBRY. Content on the right comes directly from community bids.
|
||||
- 0:11 – Streaming a video.
|
||||
- 0:31 – **My Files:** Browse the content you have downloaded or published to LBRY.
|
||||
- 0:44 – **My Wallet:** Check your LBRY credits (LBC) balance, view your transaction history, send LBC to others, and copy your wallet address to receive LBC from others.
|
||||
- 0:44 – **My Wallet:** Check your LBRY Credits (LBC) balance, view your transaction history, send LBC to others, and copy your wallet address to receive LBC from others.
|
||||
- 0:53 – **Settings:** Control various LBRY settings.
|
||||
- 0:58 – **Publish:** Upload your own content to LBRY. Find out if a LBRY name is available and bid on it. Set a price for your content and add useful metadata.
|
||||
|
||||
|
|
|
@ -8,13 +8,13 @@ date: '2017-06-02 00:14:00'
|
|||
|
||||

|
||||
|
||||
As our focus has been on building out a [great application](https://github.com/lbryio/lbry-desktop), we haven't put much emphasis on a standalone way to manage your LBRY credits. However, we have noticed the demand for easy backups and a simple, secure way to move credits between accounts.
|
||||
As our focus has been on building out a [great application](https://github.com/lbryio/lbry-desktop), we haven't put much emphasis on a standalone way to manage your LBRY Credits. However, we have noticed the demand for easy backups and a simple, secure way to move Credits between accounts.
|
||||
|
||||
That's why we're excited to announce integration with Coinomi!
|
||||
|
||||
### What is Coinomi?
|
||||
|
||||
Coinomi wallet is an open source, trusted, and secure mobile hardware wallet platform which now supports LBC. Coinomi allows LBRY users to be in control of their own keys and credits. For those looking to store their credits offline and not on an exchange, Coinomi is a great solution.
|
||||
Coinomi wallet is an open source, trusted, and secure mobile hardware wallet platform which now supports LBC. Coinomi allows LBRY users to be in control of their own keys and Credits. For those looking to store their Credits offline and not on an exchange, Coinomi is a great solution.
|
||||
|
||||
In addition, Coinomi supports instant exchange between a variety of cryptocurrencies via Shapeshift. This enables another access path to acquire LBRY Credits as well as the instant exchange between LBC and BTC, ETH, LTC, ETC, DASH and many other cryptocurrencies.
|
||||
|
||||
|
|
|
@ -6,7 +6,7 @@ date: '2017-07-31 13:31:31'
|
|||
|
||||
## Starting immediately, anyone can watch awesome stuff on LBRY and earn free rewards.
|
||||
|
||||
_Want to avoid icky words and just install LBRY, laugh at things, and earn your magic internet credits? [Go here](/get)._
|
||||
_Want to avoid icky words and just install LBRY, laugh at things, and earn your magic internet Credits? [Go here](/get)._
|
||||
|
||||
### The Journey
|
||||
|
||||
|
@ -40,7 +40,7 @@ In fact, that's the whole point of this post!
|
|||
|
||||
### The Open Beta
|
||||
|
||||
Starting today, anyone that downloads and runs the LBRY browser can access the great content already on the network and earn LBRY credits for doing so.
|
||||
Starting today, anyone that downloads and runs the LBRY browser can access the great content already on the network and earn LBRY Credits for doing so.
|
||||
|
||||
The LBRY browser runs on all major desktop operating systems. To get it, go [here](/get).
|
||||
|
||||
|
@ -58,7 +58,7 @@ Ready to download? [Get LBRY here](/get).
|
|||
|
||||
### Invites for your Community
|
||||
|
||||
We want to get LBRY credits into the hands of users and communities that support content freedom. If you are part of a community that would find LBRY useful or interesting, we can offer invites to the rewards program for your community that does not require full identity verification. Interested? [Say hello here](mailto:hello@lbry.com).
|
||||
We want to get LBRY Credits into the hands of users and communities that support content freedom. If you are part of a community that would find LBRY useful or interesting, we can offer invites to the rewards program for your community that does not require full identity verification. Interested? [Say hello here](mailto:hello@lbry.com).
|
||||
|
||||
### One More Bonus
|
||||
|
||||
|
|
|
@ -22,7 +22,7 @@ For immediate notification of releases, you can watch the project on GitHub.
|
|||
|
||||
### Changed
|
||||
* Updated to daemon [0.15](https://github.com/lbryio/lbry/releases). Most relevant changes to the app are improved announcing of content, and a fix for the daemon getting stuck running.
|
||||
* Significant refinements to the first-run process, the process for new users, and introducing people to LBRY and LBRY credits.
|
||||
* Significant refinements to the first-run process, the process for new users, and introducing people to LBRY and LBRY Credits.
|
||||

|
||||
* Changed Wallet landing page to summarize the status of other areas. Refactored wallet and transaction logic.
|
||||
* Added icons to missing page, improved icon and title logic.
|
||||
|
|
|
@ -38,5 +38,5 @@ The latest LBRY app, v0.17, is now available. [**Get it here**](/get).
|
|||
* Fixed dark theme issues with text content.
|
||||
* Minor css fixes.
|
||||
* Fixed issue when a file fails to download.
|
||||
* Fixed issue after accessing a video without enough credits.
|
||||
* Fixed issue after accessing a video without enough Credits.
|
||||
* Fixed channel fetching without claims.
|
||||
|
|
|
@ -17,7 +17,7 @@ Words don't do this madman justice. Feast your eyes on Super Mario 64 graphed on
|
|||
|
||||
<video controls src="https://spee.ch/6a0eb0bd494c4715697623bda13c4f824c19b792/zelda-mario-64-crossover-hyrule-field.mp4"/></video>
|
||||
|
||||
Recently, Nintendo had Kaze's Patreon and many videos deleted. **Please support his videos by donating LBRY credits to your favorite clips.**
|
||||
Recently, Nintendo had Kaze's Patreon and many videos deleted. **Please support his videos by donating LBRY Credits to your favorite clips.**
|
||||
|
||||
Check out his work and guides here: https://sites.google.com/site/kazemario64/
|
||||
|
||||
|
|
|
@ -21,6 +21,6 @@ Skeptical? Fear not. Proof!
|
|||
|
||||
<video controls src="https://spee.ch/86131eb2e741d127b5484a8b4e47a566a9e025ad/jc-c3NF349aEHM.mp4"/></video>
|
||||
|
||||
Please support John Cleese's channel by tipping LBRY credits in-app to your favorite content.
|
||||
Please support John Cleese's channel by tipping LBRY Credits in-app to your favorite content.
|
||||
|
||||
[**Download LBRY today**](/get). Is your favorite channel not on LBRY? Help us feature what you want to see! Email [reilly@lbry.com](mailto:reilly@lbry.com) to make it happen. Or sync your own channel at: /youtube
|
||||
|
|
|
@ -21,6 +21,6 @@ Get lit on chemistry via spee.ch:
|
|||
|
||||
<video controls poster="https://berk.ninja/thumbnails/5ZrfNAHDjWU" src="https://spee.ch/1fe933b8c0709dcc035ec4df73e3b0f63ba5d112/red-phosphorus-from-matchboxes.mp4"/></video>
|
||||
|
||||
Please support NileRed by tipping LBRY credits in-app to your favorite chemical reactions. And also because tipping is a pretty, pretty, prettttty cool.
|
||||
Please support NileRed by tipping LBRY Credits in-app to your favorite chemical reactions. And also because tipping is a pretty, pretty, prettttty cool.
|
||||
|
||||
[**Download LBRY today**](/get). Is your favorite channel not on LBRY? Help us feature what you want to see! Email [reilly@lbry.com](mailto:reilly@lbry.com) to make it happen. Or sync your own channel at: /youtube
|
||||
|
|
|
@ -12,16 +12,16 @@ cover: ''
|
|||
**On Reddit:**
|
||||
|
||||
* Post a link to a meme or GIF that you've uploaded to [Spee.ch](http://spee.ch) ANYWHERE on Reddit
|
||||
* Anyone and everyone who posts an image that makes us laugh or shares something interesting gets 5 LBRY credits
|
||||
* Once a day, the user who posted the link with the most upvotes each day will win 500 LBRY credits
|
||||
* We'll send your LBRY credits through our [Reddit tipbot](https://www.reddit.com/r/lbry/comments/72fd5s/love_your_fellow_lbry_redditors_now_you_can_tip)
|
||||
* Anyone and everyone who posts an image that makes us laugh or shares something interesting gets 5 LBRY Credits
|
||||
* Once a day, the user who posted the link with the most upvotes each day will win 500 LBRY Credits
|
||||
* We'll send your LBRY Credits through our [Reddit tipbot](https://www.reddit.com/r/lbry/comments/72fd5s/love_your_fellow_lbry_redditors_now_you_can_tip)
|
||||
|
||||
**On Twitter:**
|
||||
|
||||
* Follow the [Spee.ch Twitter Account](https://twitter.com/spee_ch)
|
||||
* Upload your GIF/video/meme to [Spee.ch](http://spee.ch)
|
||||
* Tweet your GIF/video/meme with its Spee.ch URL and the hashtag #MemeSafe
|
||||
* Rewards will be given for participation and the user who posts the entry with the most favorites and retweets at the end of the week will receive 1,000 LBRY credits
|
||||
* Rewards will be given for participation and the user who posts the entry with the most favorites and retweets at the end of the week will receive 1,000 LBRY Credits
|
||||
|
||||
That's it! No purchase necessary. The deadline for entries is 11:59 PM PT on Sunday, November 5, 2017. If you are a winner on Twitter, we will DM you to get your wallet address and send your rewards.
|
||||
|
||||
|
|
|
@ -21,6 +21,6 @@ A math whiz, a South African, his South African friend, and a troupe of funny me
|
|||
|
||||
[@DerickWattsAndTheSundayBlues](https://open.lbry.com/%40DerickWattsAndTheSundayBlues) have lent their musical comedy acumen to us. Nic and Gareth are the most popular South African comedy duo on LBRY by a wide margin. They are also the 2nd and 3rd most popular South African comedy duo in the library LBRY.
|
||||
|
||||
Please support your favorite creators by tipping LBRY credits in-app. And remember to look for the red rocketship icon next to reward-eligible weekly videos.
|
||||
Please support your favorite creators by tipping LBRY Credits in-app. And remember to look for the red rocketship icon next to reward-eligible weekly videos.
|
||||
|
||||
[**Download LBRY today**](/get). Is your favorite channel not on LBRY? Help us feature what you want to see! Email [reilly@lbry.com](mailto:reilly@lbry.com) to make it happen. Or sync your own channel at: /youtube
|
||||
|
|
|
@ -13,7 +13,7 @@ The latest LBRY app, v0.18, is now available! [**Get it here**](/get).
|
|||
### Added
|
||||
* Trending! The landing page of the app now features content that is surging in popularity relative to past interest.
|
||||
* The app now closes to the system tray. This will help to improve publish seeding and network performance. Directing the app to quit or exit will close it entirely. (#374)
|
||||
* You can now revoke past publishes to receive your credits. (#581)
|
||||
* You can now revoke past publishes to receive your Credits. (#581)
|
||||
* You can now unlock tips sent to you so you can send them elsewhere or spend them. (#581)
|
||||
* Added new window menu options for reloading and help.
|
||||
* Rewards are now marked in transaction history (#660)
|
||||
|
|
|
@ -15,6 +15,6 @@ The first of two new shows are coming exclusively LBRY to expand the tradition:
|
|||
|
||||
And coming November 2017 is STEAL THIS SIDESHOW, a bi-weekly video podcast of the best asides from Jamie King's STEAL THIS SHOW presented by TorrentFreak.
|
||||
|
||||
Please support your favorite creators by tipping LBRY credits in-app.
|
||||
Please support your favorite creators by tipping LBRY Credits in-app.
|
||||
|
||||
[**Download LBRY today**](/get). Is your favorite channel not on LBRY? Help us feature what you want to see! [reilly@lbry.com](mailto:reilly@lbry.com) to make it happen. Or sync your own channel at: /youtube
|
||||
|
|
|
@ -21,7 +21,7 @@ You'll find all this (and a lot more) in LBRY v0.19 - [**get it here**](/get) an
|
|||
|
||||
### Changed
|
||||
* The first run process for new users has changed substantially. New users can now easily receive one credit.
|
||||
* The wallet area has been re-organized. Send and Receive are now on the same page. A new page, "Get Credits", explains how users can add LBRY credits to the app.
|
||||
* The wallet area has been re-organized. Send and Receive are now on the same page. A new page, "Get Credits", explains how users can add LBRY Credits to the app.
|
||||
* Significant structural changes to code organization, packaging, and building. The app now follows a typical electron folder structure. All 3 package.json files have been reduced to a single file. Redux related code was moved into its own subfolder.
|
||||
* The macOS docking icon has been improved.
|
||||
* The prompt for an insufficient balance is much more user-friendly.
|
||||
|
@ -30,7 +30,7 @@ You'll find all this (and a lot more) in LBRY v0.19 - [**get it here**](/get) an
|
|||
* Windows path to the daemon/CLI executables changed to: C:\Program Files (x86)\LBRY\resources\static\daemon
|
||||
|
||||
### Deprecated
|
||||
* We previously had two separate models for insufficient credits. These have been combined.
|
||||
* We previously had two separate models for insufficient Credits. These have been combined.
|
||||
|
||||
### Fixed
|
||||
* Long channel names causing inconsistent thumbnail sizes.
|
||||
|
|
|
@ -79,16 +79,16 @@ LBRY is already one of the most popular consumer-targeted blockchain products. H
|
|||
|
||||
1. Release a redesigned app (Q1 2018).
|
||||
2. Release an Android app (Alpha Q1 2018, Public Q2 2018). Join the Android notification list [here](/android).
|
||||
3. Improve the first-run process, particularly around getting credits in the hands of new users. (All of 2018)
|
||||
3. Improve the first-run process, particularly around getting Credits in the hands of new users. (All of 2018)
|
||||
4. Continue to round out feature set (All of 2018)
|
||||
|
||||
## D. Economics
|
||||
|
||||
Last year approximately $5-$10mm of new LBRY credits came into existence and were awarded to miners. Assuming miners are not making substantial profits, this means a similar amount of money was spent securing the LBRY blockchain.
|
||||
Last year approximately $5-$10mm of new LBRY Credits came into existence and were awarded to miners. Assuming miners are not making substantial profits, this means a similar amount of money was spent securing the LBRY blockchain.
|
||||
|
||||
Is this the optimal design? As we've researched and discussed blockchain economics, we've discovered the knowledge and rigor to be shockingly low. We want to improve this.
|
||||
|
||||
Additionally, LBRY will be less conservative with its own credits in 2018. We've built significant trust through our prudency. While we'll continue to be prudent, we can reward the community more by building more, and that means utilizing more credits.
|
||||
Additionally, LBRY will be less conservative with its own Credits in 2018. We've built significant trust through our prudency. While we'll continue to be prudent, we can reward the community more by building more, and that means utilizing more Credits.
|
||||
|
||||
As always, you can keep up with how we spend LBC by looking at our [quarterly Credit Reports](/credit-reports).
|
||||
|
||||
|
@ -97,7 +97,7 @@ As always, you can keep up with how we spend LBC by looking at our [quarterly Cr
|
|||
1. Consult with and consider forming a consortium or working group of security practitioners and economists. (Q2 2018)
|
||||
2. Launch a LBRY Improvement Proposal process, by which protocol changes can be submitted and considered (Q1 2018)
|
||||
3. Have a public conversation and discussion about blockchain economics, including incentive design and mining centralization (Q1 2018 and continuing throughout).
|
||||
4. Move several million credits to market per quarter to further capitalize company and expand productivity (All of 2018)
|
||||
4. Move several million Credits to market per quarter to further capitalize company and expand productivity (All of 2018)
|
||||
|
||||
## E. Scaling Content
|
||||
|
||||
|
@ -106,7 +106,7 @@ Having thousands of YouTubers adopt LBRY, including dozens of top streamers (des
|
|||
|
||||
By improving and streamlining the onboarding and publishing process for creators, we can attract a massive amount of content.
|
||||
|
||||
We expect to onboard more than ten times the creators we did last year and to get approximately ten million LBRY credits into the hands of creators in 2018.
|
||||
We expect to onboard more than ten times the creators we did last year and to get approximately ten million LBRY Credits into the hands of creators in 2018.
|
||||
|
||||
### Actions
|
||||
|
||||
|
|
|
@ -51,7 +51,7 @@ LBRY wallet encryption has been enabled in the latest versions of the daemon (no
|
|||

|
||||
|
||||
### LBRY Rewards Abuse Defenses
|
||||
Unfortunately, when you try to give away free internet currency, some people will stop at nothing to abuse the system, and as such, we will continue to evolve in order to ramp up defences. We have instituted a new policy that disallows rewards when a VPN/proxy connection is detected and also limit rewards to 1 per household now (previously 1 per person). The 1 LBC email verification reward was removed in a version 19 patch because it was easily abusable. Our wish would be to spend this valuable time on developing the app instead, but we also have to be good stewards of LBRY credits that we give out.
|
||||
Unfortunately, when you try to give away free internet currency, some people will stop at nothing to abuse the system, and as such, we will continue to evolve in order to ramp up defences. We have instituted a new policy that disallows rewards when a VPN/proxy connection is detected and also limit rewards to 1 per household now (previously 1 per person). The 1 LBC email verification reward was removed in a version 19 patch because it was easily abusable. Our wish would be to spend this valuable time on developing the app instead, but we also have to be good stewards of LBRY Credits that we give out.
|
||||
|
||||
### New LBRY Rewards Verification Method - SMS
|
||||
In order to provide a more seamless new user experience, version 0.20 of the LBRY app allows users to earn [LBRY rewards](/faq/rewards) by verifying their phone number over SMS. We will monitor usage and potential abuse over the coming days in order to build a ruleset that minimizes rewards abuse. We also hope that many legitimate users will opt for this method versus our current manual verification which is time-consuming for both them and ourselves!
|
||||
|
|
|
@ -104,7 +104,7 @@ The [LBRY.Community](https://lbry.community) contest from January wrapped up, an
|
|||
### New and updated LBRY FAQ Articles
|
||||
We recently revamped and simplified our ["What is LBRY?"](/faq/what-is-lbry) FAQ, so it's a tad easier to digest for first time LBRY users.
|
||||
|
||||
The new [LBRY Basics](/faq/lbry-basics) FAQ entry which will provide first-time (and existing) LBRY app users a better understanding of the various components of the app. It also explains what LBRY accounts are used for and stresses that all LBRY data, including your wallet where credits are stored, is only available on your computer and should be [backed up](/faq/how-to-backup-wallet) accordingly.
|
||||
The new [LBRY Basics](/faq/lbry-basics) FAQ entry which will provide first-time (and existing) LBRY app users a better understanding of the various components of the app. It also explains what LBRY accounts are used for and stresses that all LBRY data, including your wallet where Credits are stored, is only available on your computer and should be [backed up](/faq/how-to-backup-wallet) accordingly.
|
||||
|
||||
We've also added FAQs which detail LBRY's [content policy](/faq/content) and [acceptable use policy](/faq/acceptable-use-policy). Thanks to @julie for her hard work on these!
|
||||
|
||||
|
|
|
@ -106,7 +106,7 @@ We've recently made a few updates to our [Roadmap](/roadmap) which include a sta
|
|||

|
||||
|
||||
### Q1 Credit Report
|
||||
Due to funding needs being met, no credits were moved from cold storage during the first quarter. The majority of credit outlays were for technical contributions and community - both things we love to reward! As usual, you can see both the [summary report](/credit-reports/2018-q1) and [detailed spreadsheet](https://docs.google.com/spreadsheets/d/17GIrc-cmoXEY9x3NYhtxd45g2mHnuJ7cjUy_TfmhLMA/edit?usp=sharing) on our website.
|
||||
Due to funding needs being met, no Credits were moved from cold storage during the first quarter. The majority of credit outlays were for technical contributions and community - both things we love to reward! As usual, you can see both the [summary report](/credit-reports/2018-q1) and [detailed spreadsheet](https://docs.google.com/spreadsheets/d/17GIrc-cmoXEY9x3NYhtxd45g2mHnuJ7cjUy_TfmhLMA/edit?usp=sharing) on our website.
|
||||
|
||||
### LBRY Merchandise Store
|
||||
We've added some brand new designs to our [swag store!](https://shop.lbry.com). New t-shirt designs and products are frequently added, so please be sure to stop by! We're very excited to offer some fresh items designed by our new marketing intern James Biller - if you like what you see, give him a shout out on [Twitter](https://twitter.com/BillerJames)!
|
||||
|
|
|
@ -21,7 +21,7 @@ In the case of LBRY, Chainquery is both the easiest and most feature-rich method
|
|||
|
||||
Chainquery takes all the raw data in the blockchain, decompresses and extracts it, and stores it in a relational database, all in real-time. This allows the rich features of SQL to be applied to live blockchain data.
|
||||
|
||||
This is all rather abstract, so let's look at an example. Suppose we wanted to determine the 10 LBRY URLs with the largest number of staked credits. Without Chainquery, this would require making direct calls to the LBRY blockchain API, iterating over each claim, and storing the 10 largest. In addition to being non-trivial to write, it would also be quite slow.
|
||||
This is all rather abstract, so let's look at an example. Suppose we wanted to determine the 10 LBRY URLs with the largest number of staked Credits. Without Chainquery, this would require making direct calls to the LBRY blockchain API, iterating over each claim, and storing the 10 largest. In addition to being non-trivial to write, it would also be quite slow.
|
||||
|
||||
With Chainquery, it's about a hundred characters of performant SQL:
|
||||
|
||||
|
|
|
@ -6,7 +6,7 @@ cover: 'lbryopoly-min.jpg'
|
|||
category: community-update
|
||||
---
|
||||
|
||||
Welcome to our LBRY Development and Community update! In this post we'll show you what we've been up to and review our progress for the month of May. This month we made progress on our desktop app redesign and Android app alpha, LBRY Protocol improvements (work in progress), LBRY tech resource website, and several community initiatives. Scroll down to learn about new rewards coming to the app as well as a couple contests for you to earn up to $300 USD in LBRY credits. To read all of our updates, please visit [our Development and Community Update archive](/news/category/community-update).
|
||||
Welcome to our LBRY Development and Community update! In this post we'll show you what we've been up to and review our progress for the month of May. This month we made progress on our desktop app redesign and Android app alpha, LBRY Protocol improvements (work in progress), LBRY tech resource website, and several community initiatives. Scroll down to learn about new rewards coming to the app as well as a couple contests for you to earn up to $300 USD in LBRY Credits. To read all of our updates, please visit [our Development and Community Update archive](/news/category/community-update).
|
||||
|
||||
If you want to see what we have planned for LBRY, check out our [roadmap](/roadmap).
|
||||
|
||||
|
|
|
@ -48,7 +48,7 @@ Although a video is worth a million words, we made some improvements that allow
|
|||
|
||||
### 8. Confirmation Prompt
|
||||
|
||||
Money is power, and so is knowledge. Knowing what's happening with your LBC is ultra powerful. Now when you send credits from the LBRY app wallet you'll be prompted with a confirmation screen to review the destination address and amount
|
||||
Money is power, and so is knowledge. Knowing what's happening with your LBC is ultra powerful. Now when you send Credits from the LBRY app wallet you'll be prompted with a confirmation screen to review the destination address and amount
|
||||
|
||||
### 9. LBRY Daemon Upgrade
|
||||
|
||||
|
|
|
@ -8,7 +8,7 @@ category: community-update
|
|||
|
||||
Welcome to the June 2018 LBRY Development and Community update! In this post we'll show you what we've been up to and review our progress for the month of June. This month we launched the [LBRY app redesign](#summary), made enhancements to the LBRY protocol, continued to move forward with our Android app alpha testing, and began several new community initiatives, including the [debut of the lbry.fund, created to fund projects promoting or using the LBRY protocol](#lbry-fund).
|
||||
|
||||
Scroll down to learn about new [rewards updates](#reward) as well as a couple contests where you can earn up to $300 USD in LBRY credits. To read all of our previous updates, please visit our [Development and Community Update archive](/news/category/community-update).
|
||||
Scroll down to learn about new [rewards updates](#reward) as well as a couple contests where you can earn up to $300 USD in LBRY Credits. To read all of our previous updates, please visit our [Development and Community Update archive](/news/category/community-update).
|
||||
|
||||
If you want to see what we have completed recently and what's planned for LBRY, check out our [roadmap](/roadmap).
|
||||
|
||||
|
@ -133,7 +133,7 @@ Our [Twitter Tipbot](https://twitter.com/@LBC_Tipbot) received a small revamp wh
|
|||
> help - Shows this command.<br/>
|
||||
> balance - Get your balance.<br/>
|
||||
> deposit - Get address for your deposits.<br/>
|
||||
> withdraw ADDRESS AMOUNT - Withdraw AMOUNT credits to ADDRESS.<br/>
|
||||
> withdraw ADDRESS AMOUNT - Withdraw AMOUNT Credits to ADDRESS.<br/>
|
||||
> tip USER AMOUNT - Tip USER AMOUNT.<br/>
|
||||
> terms - Sends the TOS.<br/>
|
||||
>
|
||||
|
|
|
@ -8,7 +8,7 @@ category: community-update
|
|||
|
||||
Welcome to the July 2018 LBRY Development and Community update! In this post we'll show you what we've been up to and review our progress for the month of July. We had a very busy month - new releases on the Protocol, new features in the LBRY app, project grants via the LBRY.fund, and wallet encryption progress are among the highlights.
|
||||
|
||||
You asked for more ways to earn LBC credits in the app, so we've added multi-level rewards. Scroll down to learn about new [rewards updates](#reward).
|
||||
You asked for more ways to earn LBC Credits in the app, so we've added multi-level rewards. Scroll down to learn about new [rewards updates](#reward).
|
||||
|
||||
To read all of our previous updates, please visit our [Development and Community Update archive](/news/category/community-update).
|
||||
|
||||
|
@ -159,7 +159,7 @@ The next priorities for the Blockchain team include cleaning up the claimtrie co
|
|||
If you aren't part of our Discord community yet, [join us](https://chat.lbry.com) anytime and say hello! Our community allows LBRYians to interact with the team directly and for us to engage users in order to grow the LBRY platform. Also follow us on [Twitter](https://twitter.com/lbrycom), [Facebook](https://facebook.com/lbrycom), [Reddit](https://www.reddit.com/r/lbry), [Instagram](https://www.instagram.com/lbryio), and [Telegram](https://t.me/lbryofficial).
|
||||
|
||||
### Q2 2018 Credit Report
|
||||
This quarter we moved no credits from cold storage. We spent 738,027 total community credits on line items detailed in the Q2 report. No operational credits were moved to markets. No institutional credits were moved or spent. We anticipate comparable or larger total outlays in Q3 2018. Operational spending may increase, but not significantly, and community spending is likely to be higher. We will continue to incentivize new users and other beneficial behavior, which is likely to involve 300,000 to 1,500,000+ LBC. LBRY is also likely to form it's first institutional partnership, with spending anticipated to be around 500,000 LBC. [Read the details here.](/credit-reports/2018-q2)
|
||||
This quarter we moved no Credits from cold storage. We spent 738,027 total community Credits on line items detailed in the Q2 report. No operational Credits were moved to markets. No institutional Credits were moved or spent. We anticipate comparable or larger total outlays in Q3 2018. Operational spending may increase, but not significantly, and community spending is likely to be higher. We will continue to incentivize new users and other beneficial behavior, which is likely to involve 300,000 to 1,500,000+ LBC. LBRY is also likely to form it's first institutional partnership, with spending anticipated to be around 500,000 LBC. [Read the details here.](/credit-reports/2018-q2)
|
||||
|
||||
### Roadmap Check-in
|
||||
Things are fairly quiet on the [roadmap](/roadmap) front. We've moved the `Wallet Encryption in the LBRY App` goal to `In Progress` as it's almost ready to be released, see [above](#encrypt) for the update. Large amounts of progress have been made on [YouTube Sync automation](#youtube-updates) as well as [Wallet improvements](#wallet) - both of which we hope to check off as complete by the end of this month.
|
||||
|
|
|
@ -42,7 +42,7 @@ These corporations have largely bettered the playing field for content creators,
|
|||
|
||||
LBRY lets fans fund their favorite creators rather than advertisers (who couldn't care less about the content). It does so in two ways: bidding for channels/URLs, and enabling micropayments.
|
||||
|
||||
Currently if you want to own a URL like internet.com you'd have to buy it for a high price considering somebody already owns it, and the owner of the domain could decide not to sell it. On LBRY, you can actually outbid 'lbry://internet' by staking more credits than the person claiming that URL.
|
||||
Currently if you want to own a URL like internet.com you'd have to buy it for a high price considering somebody already owns it, and the owner of the domain could decide not to sell it. On LBRY, you can actually outbid 'lbry://internet' by staking more Credits than the person claiming that URL.
|
||||
|
||||
Although it's true that a bad actor could post unrelated content by scooping popular claims, they are limited by the amount of resources they can stake and have to wait a certain period of time before they're able to take over an already existing claim with a higher bid. Since they won't be creating any value, it's unlikely to sustain in the long run.
|
||||
|
||||
|
|
|
@ -18,7 +18,7 @@ Also, please ensure that you have 4GB of RAM for running the current version of
|
|||
The LBRY blockchain will experience a hard fork (named HF1903) on March 21st to fix the way names are compared and claims are grouped.
|
||||
|
||||
When content is published to LBRY, the publisher selects a human-readable name to point to their content. Multiple claims for the same
|
||||
name compete with each other, and the claim with the most credits supporting it determines what content is visible at the name.
|
||||
name compete with each other, and the claim with the most Credits supporting it determines what content is visible at the name.
|
||||
In order to use the system correctly, publishers need clarity on how the name they choose affects the visibility of their content.
|
||||
|
||||
At present, every different combination of letters and symbols constitues a unique name. Unicode supports many different alphabets
|
||||
|
|
|
@ -29,7 +29,7 @@ Thanks to everyone who took time out of their busy days to help LBRY out!
|
|||
* [2019 Roadmap Progress](#roadmap)
|
||||
|
||||
### Hacktoberfest at LBRY! {#hacktoberfest}
|
||||
If you are a developer who is interested in LBRY, there's never been a better time to start contributing! It's October, which means Digital Ocean is running their Hacktoberfest promotion of open source projects, and LBRY is all in! As with all contributions to LBRY, we offer generous [appreciation](/faq/appreciation) in LBC on top of this month's special prizes, including t-shirts and stickers. There’s also a [developer program](https://lbry.tech/developer-program) to get you started with some LBRY credits.
|
||||
If you are a developer who is interested in LBRY, there's never been a better time to start contributing! It's October, which means Digital Ocean is running their Hacktoberfest promotion of open source projects, and LBRY is all in! As with all contributions to LBRY, we offer generous [appreciation](/faq/appreciation) in LBC on top of this month's special prizes, including t-shirts and stickers. There’s also a [developer program](https://lbry.tech/developer-program) to get you started with some LBRY Credits.
|
||||
|
||||
Check out our [blog post](/news/hacktoberfest-2019) for all the details including live help sessions, or dive right in on GitHub and check out Hacktoberfest tagged issues on popular repositories such as:
|
||||
- [lbry-desktop](https://github.com/lbryio/lbry-desktop/issues?q=is%3Aopen+is%3Aissue+label%3Ahacktoberfest)
|
||||
|
|
Loading…
Add table
Reference in a new issue