mirror of
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Capital C Credits (PHASE 1 on FAQ) (#1401)
* Update accounts-and-sync.md capital C * Update android-basics.md * Update android-basics.md * Update block-rewards.md * Update credit-policy.md * Update how-to-backup-wallet.md * Update identity-requirements.md * Update invites.md * Update lbry-basics.md * Update naming.md * Update phone.md * Update privacy-and-data.md * Update rewards.md * Update tipping.md * Update view-rewards.md * Update youtube-terms.md * Update ARCHIVE-bounties.md.ARCHIVED * Update ARCHIVE-shapeshift.md.archive * Update ARCHIVED-claimtrie-implementation.archive * Update ARCHIVED-regtest-setup-guide.archive * Update ARCHIVED-regtest-setup-guide.archive * Update ARCHIVEhow-to-check-mining-balance.archive
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@ -15,7 +15,7 @@ To claim a bounty, please email [bounty@lbry.com](mailto:bounty@lbry.com). Pleas
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### How do I get compensated?
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### How do I get compensated?
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People who complete bounties are rewarded LBRY credits (LBC). These credits will be transferred to a LBRY wallet address of your choice and are yours, with no restrictions to do as you like.
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People who complete bounties are rewarded LBRY Credits (LBC). These Credits will be transferred to a LBRY wallet address of your choice and are yours, with no restrictions to do as you like.
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### I have questions about a specific bounty or seek assistance in completing a bounty.
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### I have questions about a specific bounty or seek assistance in completing a bounty.
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@ -13,11 +13,11 @@ The ability to convert your cryptoassets into LBRY Credits (LBC) is available di
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2. In the **Convert Crypto to LBC** section, choose from BCH, BTC, DASH, ETH, LTC or XMR to convert into LBC
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2. In the **Convert Crypto to LBC** section, choose from BCH, BTC, DASH, ETH, LTC or XMR to convert into LBC
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3. Review the given rate of exchange and min/max amount. ShapeShift charges a small [fee](https://info.shapeshift.io/miner-fee) for the transaction
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3. Review the given rate of exchange and min/max amount. ShapeShift charges a small [fee](https://info.shapeshift.io/miner-fee) for the transaction
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4. Enter the return address for the cryptoasset in case something were to go wrong with the process (if the address is not provided, you'll need to contact ShapeShift about your refund).
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4. Enter the return address for the cryptoasset in case something were to go wrong with the process (if the address is not provided, you'll need to contact ShapeShift about your refund).
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5. Click **Begin Conversion** to start your request.
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5. Click **Begin Conversion** to start your request.
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@ -42,7 +42,7 @@ If you initiated your conversion but are having trouble sending the cryptoasset
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### How else can I acquire LBRY Credits?
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### How else can I acquire LBRY Credits?
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Please see our [earn credits](/faq/earn-credits) FAQ on how to acquire additional LBC.
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Please see our [earn Credits](/faq/earn-credits) FAQ on how to acquire additional LBC.
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### I need help with the LBRY app, who can I reach out to?
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### I need help with the LBRY app, who can I reach out to?
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@ -7,17 +7,17 @@ category: developer
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This document describes the implementation detail of the ClaimTrie in LBRY. The ClaimTrie is the data structure which LBRY uses to store claims to names. It uses a [Trie](https://en.wikipedia.org/wiki/Trie) to efficiently store all claimed names, which can then be hashed the same way a [Merkle Tree](https://en.wikipedia.org/wiki/Merkle_tree) is hashed. The root hash of the ClaimTrie is stored in the blockheader of each LBRY block, enabling nodes in the LBRY network to efficiently and securely validate the state of the ClaimTrie.
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This document describes the implementation detail of the ClaimTrie in LBRY. The ClaimTrie is the data structure which LBRY uses to store claims to names. It uses a [Trie](https://en.wikipedia.org/wiki/Trie) to efficiently store all claimed names, which can then be hashed the same way a [Merkle Tree](https://en.wikipedia.org/wiki/Merkle_tree) is hashed. The root hash of the ClaimTrie is stored in the blockheader of each LBRY block, enabling nodes in the LBRY network to efficiently and securely validate the state of the ClaimTrie.
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Bids to claim a name must win out against other claims for the same name before they can be inserted into the ClaimTrie. The short summary is that the bid with the most LBRY credits assigned to it will win the right to claim a name, but the implementation detail is more involved and, this is what we aim to cover in this document. Bids to claim a name have four properties tied to it :
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Bids to claim a name must win out against other claims for the same name before they can be inserted into the ClaimTrie. The short summary is that the bid with the most LBRY Credits assigned to it will win the right to claim a name, but the implementation detail is more involved and, this is what we aim to cover in this document. Bids to claim a name have four properties tied to it :
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1. *Name* : The name is a human-readable address and is the property that the bids compete to obtain.
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1. *Name* : The name is a human-readable address and is the property that the bids compete to obtain.
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2. *Value* : The value is the data that is attached to the name.
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2. *Value* : The value is the data that is attached to the name.
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3. *Quantity* : The quantity is the number of LBRY credits assigned to the bid.
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3. *Quantity* : The quantity is the number of LBRY Credits assigned to the bid.
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4. *Claim Id* : A unique ID used to identify the bid.
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4. *Claim Id* : A unique ID used to identify the bid.
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There are also three different bid types: claim, update, and support.
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There are also three different bid types: claim, update, and support.
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1. *Claim*: A claim represent new bids for a name. If a user wants to make a claim to a brand new name, or submit a competing claim to an existing name, this bid type is used.
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1. *Claim*: A claim represent new bids for a name. If a user wants to make a claim to a brand new name, or submit a competing claim to an existing name, this bid type is used.
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2. *Support*: A support adds to the total quantity of credits assigned to any bid by referring to a bid's Claim Id. A support bid can be made by anyone on any bid. It does not have its own Value or its own Claim Id, but it does contain the Claim Id of the bid that it is supporting.
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2. *Support*: A support adds to the total quantity of Credits assigned to any bid by referring to a bid's Claim Id. A support bid can be made by anyone on any bid. It does not have its own Value or its own Claim Id, but it does contain the Claim Id of the bid that it is supporting.
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3. *Update*: An update can modify the value and the quantity for a pre-existing claim without changing the Claim Id or the name that it is bidding on. Since the Claim Id of the original bid is not changed, an updated bid will still retain all the supports attached to the original bid.
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3. *Update*: An update can modify the value and the quantity for a pre-existing claim without changing the Claim Id or the name that it is bidding on. Since the Claim Id of the original bid is not changed, an updated bid will still retain all the supports attached to the original bid.
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@ -160,7 +160,7 @@ lbryum daemon start
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Generate some more blocks, get a wallet address by running:
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Generate some more blocks, get a wallet address by running:
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`lbryum getunusedaddress`
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`lbryum getunusedaddress`
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and then send some credits to your wallet by doing
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and then send some Credits to your wallet by doing
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`./lbrycrd-cli sendtoaddress <address> <num_of_credits>`
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`./lbrycrd-cli sendtoaddress <address> <num_of_credits>`
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### 4) lbry
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### 4) lbry
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@ -200,7 +200,7 @@ lbrycrd-cli generate 5
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lbryum getunsusedaddress
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lbryum getunsusedaddress
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```
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```
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#### Send credits from lbrycrd to your wallet
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#### Send Credits from lbrycrd to your wallet
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```bash
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```bash
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lbrycrd-cli sendtoaddress <address> <num_of_credits>
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lbrycrd-cli sendtoaddress <address> <num_of_credits>
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```
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```
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@ -5,4 +5,4 @@ category: mining
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You can use `lbrycrd-cli getbalance`, or `lbrycrd-cli getwalletinfo` for more detailed information.
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You can use `lbrycrd-cli getbalance`, or `lbrycrd-cli getwalletinfo` for more detailed information.
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It takes 100 confirmed blocks (roughly a bit over 4 hours) for mined LBC to show up in your confirmed balance,
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It takes 100 confirmed blocks (roughly a bit over 4 hours) for mined LBC to show up in your confirmed balance,
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but you can see these credits in your immature balance in getwalletinfo.
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but you can see these Credits in your immature balance in getwalletinfo.
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## Account passwords and logging in
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## Account passwords and logging in
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lbry.tv users will be prompted to set a password when signing up for a new account and also confirm that the email belongs to them. **It is important to set a strong password to ensure no one else can access your account, LBRY credits, and published content.**. These passwords can be reset via email or changed on the Settings page.
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lbry.tv users will be prompted to set a password when signing up for a new account and also confirm that the email belongs to them. **It is important to set a strong password to ensure no one else can access your account, LBRY Credits, and published content.**. These passwords can be reset via email or changed on the Settings page.
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@ -4,7 +4,7 @@ category: getstarted
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order: 2
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order: 2
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---
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---
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The LBRY Browser for Android allows you to view free and paid content via the Explore and Trending sections, search for content on LBRY, send/receive LBRY Credits (LBC) and earn credits through LBRY Rewards.
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The LBRY Browser for Android allows you to view free and paid content via the Explore and Trending sections, search for content on LBRY, send/receive LBRY Credits (LBC) and earn Credits through LBRY Rewards.
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The app runs on top of the [LBRY protocol](/faq/what-is-lbry) which is a peer-to-peer (P2P), decentralized file sharing and payment network secured by blockchain technology.
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The app runs on top of the [LBRY protocol](/faq/what-is-lbry) which is a peer-to-peer (P2P), decentralized file sharing and payment network secured by blockchain technology.
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A wallet is a secure digital file used to store, send, and receive cryptocurrencies like LBRY Credits (LBC).
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A wallet is a secure digital file used to store, send, and receive cryptocurrencies like LBRY Credits (LBC).
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The LBRY Android App comes with its own wallet and is stored locally on your phone and nowhere else!
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The LBRY Android App comes with its own wallet and is stored locally on your phone and nowhere else!
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If you do not opt for the [sync program](/faq/account_sync), it is critical that you [backup your own wallet](/faq/how-to-backup-wallet#android) locally or else the credits, channels, and publishes will be lost.
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If you do not opt for the [sync program](/faq/account_sync), it is critical that you [backup your own wallet](/faq/how-to-backup-wallet#android) locally or else the Credits, channels, and publishes will be lost.
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To find your wallet in the LBRY Android app, click on the 3 horizontal bars at the upper left side of the app next to the Search bar. Clicking on it will open a sidebar and then click on Wallet. This will open the Wallet page which shows your wallet address, balance, and recent transactions.
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To find your wallet in the LBRY Android app, click on the 3 horizontal bars at the upper left side of the app next to the Search bar. Clicking on it will open a sidebar and then click on Wallet. This will open the Wallet page which shows your wallet address, balance, and recent transactions.
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## Mining reward schedule
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## Mining reward schedule
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Eventually 1,083,202,000<sup>1</sup> LBRY credits will exist.
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Eventually 1,083,202,000<sup>1</sup> LBRY Credits will exist.
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<sup>1</sup>This value was [updated from 1B](https://github.com/lbryio/lbry.com/commit/4b4a8401d8ada40203d2bfb232066f42c4ac7a84) (which was a nice round number for a FAQ) on 09/21/2018 with the goal of increasing accuracy and transparency. [View the calculation here to verify](https://www.onlinegdb.com/r1NQOiyYQ) the source code referenced above.
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<sup>1</sup>This value was [updated from 1B](https://github.com/lbryio/lbry.com/commit/4b4a8401d8ada40203d2bfb232066f42c4ac7a84) (which was a nice round number for a FAQ) on 09/21/2018 with the goal of increasing accuracy and transparency. [View the calculation here to verify](https://www.onlinegdb.com/r1NQOiyYQ) the source code referenced above.
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They are awarded on the following schedule:
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They are awarded on the following schedule:
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* The genesis block created 400,000,000 credits to be administered by LBRY, Inc. 300,000,000 of these will be strategically allocated to partners, many of whom have a direct interest in the naming layer. It also includes 100,000,000 earmarked for charity. Additionally, some may be given directly to the public in ways that add value and make sense. 100,000,000 are owned by LBRY directly.
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* The genesis block created 400,000,000 Credits to be administered by LBRY, Inc. 300,000,000 of these will be strategically allocated to partners, many of whom have a direct interest in the naming layer. It also includes 100,000,000 earmarked for charity. Additionally, some may be given directly to the public in ways that add value and make sense. 100,000,000 are owned by LBRY directly.
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* The remaining 600,000,000 are mined in 3 stages:
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* The remaining 600,000,000 are mined in 3 stages:
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---
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---
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title: What is LBRY doing with non-mined credits?
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title: What is LBRY doing with non-mined Credits?
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category: other
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category: other
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---
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---
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LBRY, Inc. controls a significant number of LBRY credits (LBC). At the inception of the blockchain, it was 400,000,000 LBC.
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LBRY, Inc. controls a significant number of LBRY Credits (LBC). At the inception of the blockchain, it was 400,000,000 LBC.
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This document outlines LBRY, Inc. policies, disclosures and intentions in administering those credits. Its purpose is to ensure we operate forthrightly and in the best interests of the LBRY community.
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This document outlines LBRY, Inc. policies, disclosures and intentions in administering those Credits. Its purpose is to ensure we operate forthrightly and in the best interests of the LBRY community.
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## Credit overview
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## Credit overview
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The initial 400m credits are broken down as follows:
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The initial 400m Credits are broken down as follows:
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| Name | Amount | Purpose | Wallet (Initial) | Wallet (Current) |
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| Name | Amount | Purpose | Wallet (Initial) | Wallet (Current) |
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| ---- | ------ | ---------------- | -------- | -------- |
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| ---- | ------ | ---------------- | -------- | -------- |
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At a high-level, this fund will be used for the following purposes:
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At a high-level, this fund will be used for the following purposes:
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- Seeding consumers with initial credits
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- Seeding consumers with initial Credits
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- Recruiting producers to use LBRY
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- Recruiting producers to use LBRY
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- Encouraging all users to share LBRY and invite friends
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- Encouraging all users to share LBRY and invite friends
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- Rewarding community contributors
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- Rewarding community contributors
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category: wallet
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category: wallet
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---
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---
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LBRY relies on blockchain technology and the LBRY Credits (LBC) cryptocurrency in order to participate in the network. These LBC are stored in a wallet (data file on your PC/device if using Desktop/Mobile) which is generated with each LBRY installation...think of your credits as digital cash on your PC. A wallet contains your funds, channel data, claims (any uploads), and preferences (subscriptions/tags/etc).
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LBRY relies on blockchain technology and the LBRY Credits (LBC) cryptocurrency in order to participate in the network. These LBC are stored in a wallet (data file on your PC/device if using Desktop/Mobile) which is generated with each LBRY installation...think of your Credits as digital cash on your PC. A wallet contains your funds, channel data, claims (any uploads), and preferences (subscriptions/tags/etc).
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## Two ways to backup your wallet
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## Two ways to backup your wallet
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When you click **Create Backup**, the app will generate a zip file of your wallet directory. You'll be directed to the folder it's saved to.
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When you click **Create Backup**, the app will generate a zip file of your wallet directory. You'll be directed to the folder it's saved to.
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Wallet backups should be copied securely to one or more locations which only you have control over. Anyone with access to the wallet file could potentially have access to your LBRY Credits. Backing up is the process by which you copy the wallet files from your PC to another secure location. We recommend using Flash Drives/USBs or other external media which is kept in your possession.
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Wallet backups should be copied securely to one or more locations which only you have control over. Anyone with access to the wallet file could potentially have access to your LBRY Credits. Backing up is the process by which you copy the wallet files from your PC to another secure location. We recommend using Flash Drives/USBs or other external media which is kept in your possession.
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It is recommended to copy the wallet to more than one backup location for redundancy, especially if you are storing larger amounts of credits.
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It is recommended to copy the wallet to more than one backup location for redundancy, especially if you are storing larger amounts of Credits.
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## How do I find my wallet if I don't have LBRY open?
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## How do I find my wallet if I don't have LBRY open?
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---
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---
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title: Why does the app ask for my credit card?
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title: Why does the app ask for my Credit Card?
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category: other
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category: other
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---
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---
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## Why we ask
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## Why we ask
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LBRY controls [millions of credits](/faq/credit-policy) that it wants to get into the hands of content creators and content consumers.
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LBRY controls [Millions of Credits](/faq/credit-policy) that it wants to get into the hands of content creators and content consumers.
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Unfortunately, when running a rewards program, people may abuse it.
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Unfortunately, when running a rewards program, people may abuse it.
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Otherwise, you are welcome to use the LBRY browser without providing any personal information. We just can't give you any rewards.
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Otherwise, you are welcome to use the LBRY browser without providing any personal information. We just can't give you any rewards.
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Note that without some credits, you will be unable to publish or access paid content.
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Note that without some Credits, you will be unable to publish or access paid content.
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However, you can get credits in lots of other ways. See [this article on purchasing and earning credits](/faq/earn-credits).
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However, you can get Credits in lots of other ways. See [this article on purchasing and earning credits](/faq/earn-credits).
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New invites are eligible for a 8 LBC reward (subject to change based on our discretion).
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New invites are eligible for a 8 LBC reward (subject to change based on our discretion).
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## Is there a limit to the credits I can earn? {#limits}
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## Is there a limit to the Credits I can earn? {#limits}
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The default limit for claimable invites is 20. Your limit increases as you use LBRY more and your channel grows in popularity. If you want us to review your account and allow for more redemptions, please first make sure you've claimed your maximum and then [email us](mailto:help@lbry.com) with details about yourself and users you are inviting. This is typically reserved for creators or influencers.
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The default limit for claimable invites is 20. Your limit increases as you use LBRY more and your channel grows in popularity. If you want us to review your account and allow for more redemptions, please first make sure you've claimed your maximum and then [email us](mailto:help@lbry.com) with details about yourself and users you are inviting. This is typically reserved for creators or influencers.
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If you want to waste your time to receive no reward, be our guest. We will monitor the system closely and go to significant lengths to only allow legitimate users to join.
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If you want to waste your time to receive no reward, be our guest. We will monitor the system closely and go to significant lengths to only allow legitimate users to join.
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Rather than spending the time attempting to cheat and failing, we suggest you do productive work to earn LBRY credits. Join our [Discord chat](http://chat.lbry.com) and message or email [Tom](mailto:tom@lbry.com) (@jiggytom) or [Julie](mailto:julie@lbry.com) (@jsigwart) for opportunities.
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Rather than spending the time attempting to cheat and failing, we suggest you do productive work to earn LBRY Credits. Join our [Discord chat](http://chat.lbry.com) and message or email [Tom](mailto:tom@lbry.com) (@jiggytom) or [Julie](mailto:julie@lbry.com) (@jsigwart) for opportunities.
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@ -4,7 +4,7 @@ category: getstarted
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order: 1
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order: 1
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---
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---
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The LBRY Desktop app and lbry.tv allow you to view content, upload your digital media for free or at a set price, tip your favorite creators, send/receive LBRY Credits (LBC) and earn credits through [LBRY Rewards](/faq/rewards). The apps and web version run on top of the [LBRY protocol](/faq/what-is-lbry) which is a peer to peer, decentralized file sharing and payment network secured by blockchain technology.
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The LBRY Desktop app and lbry.tv allow you to view content, upload your digital media for free or at a set price, tip your favorite creators, send/receive LBRY Credits (LBC) and earn Credits through [LBRY Rewards](/faq/rewards). The apps and web version run on top of the [LBRY protocol](/faq/what-is-lbry) which is a peer to peer, decentralized file sharing and payment network secured by blockchain technology.
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The purpose of this FAQ is to answer questions about some of the basic functionality available on LBRY Desktop, LBRY mobile, and lbry.tv. Please see our [other FAQ entries](/faq) for additional information.
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The purpose of this FAQ is to answer questions about some of the basic functionality available on LBRY Desktop, LBRY mobile, and lbry.tv. Please see our [other FAQ entries](/faq) for additional information.
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@ -34,7 +34,7 @@ If you want to run LBRY on multiple PCs or other platforms like Android, you can
|
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A wallet is a secure, digital wallet used to store, send, and receive cryptocurrencies like LBRY Credits (LBC). LBRY comes with its own wallet and is stored locally on your device and nowhere else unless you enable the Sync feature. **If you do not enable syncing, it is critical that you [backup your wallet data](/faq/how-to-backup-wallet) in case you lose access to your PC or need to [migrate](/faq/backup-data) to a new one.**
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A wallet is a secure, digital wallet used to store, send, and receive cryptocurrencies like LBRY Credits (LBC). LBRY comes with its own wallet and is stored locally on your device and nowhere else unless you enable the Sync feature. **If you do not enable syncing, it is critical that you [backup your wallet data](/faq/how-to-backup-wallet) in case you lose access to your PC or need to [migrate](/faq/backup-data) to a new one.**
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To find your wallet in LBRY:
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To find your wallet in LBRY:
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- in the **Desktop app** or on **lbry.tv** click on your LBC Balance showing at the top right and it should display the wallet overview page which shows your balance, send/receive and recent transactions (balance may show as **`0 LBC`** if you don't have any credits or as **`Wallet`** if the **"Hide wallet balance in header"** option is selected on the Settings page).
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- in the **Desktop app** or on **lbry.tv** click on your LBC Balance showing at the top right and it should display the wallet overview page which shows your balance, send/receive and recent transactions (balance may show as **`0 LBC`** if you don't have any Credits or as **`Wallet`** if the **"Hide wallet balance in header"** option is selected on the Settings page).
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- in the **mobile app**, you need to open the main menu and then choose the `Wallet` option, where you can see the address of your wallet, see recent transactions, send credits and synchronize your wallet.
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- in the **mobile app**, you need to open the main menu and then choose the `Wallet` option, where you can see the address of your wallet, see recent transactions, send credits and synchronize your wallet.
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@ -30,10 +30,10 @@ First and foremost **it is absolutely possible to own and control a URL forever*
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In LBRY, a URL entry is called a _claim_. For simplicity, a claim can be considered to consist of:
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In LBRY, a URL entry is called a _claim_. For simplicity, a claim can be considered to consist of:
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- The name (a string of characters chosen by the creator)
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- The name (a string of characters chosen by the creator)
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- The number of credits
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- The number of Credits
|
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- Additional data related to the content and/or publisher identity
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- Additional data related to the content and/or publisher identity
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Claims in LBRY are non-consumptive. When you designate a number of credits in a claim, nothing is lost or destroyed beyond the relatively minimal transaction fee. At any time, the credits allocated to a claim can be used for another purpose, recovered, or sent somewhere else. When this happens, the claim is no longer considered valid.
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Claims in LBRY are non-consumptive. When you designate a number of Credits in a claim, nothing is lost or destroyed beyond the relatively minimal transaction fee. At any time, the Credits allocated to a claim can be used for another purpose, recovered, or sent somewhere else. When this happens, the claim is no longer considered valid.
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|
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LBRY supports several types of URL resolution:
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LBRY supports several types of URL resolution:
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@ -5,7 +5,7 @@ category: other
|
||||||
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|
||||||
## Why we ask
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## Why we ask
|
||||||
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|
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LBRY controls [millions of credits](/faq/credit-policy) that it wants to get into the hands of content creators and content consumers.
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LBRY controls [Millions of Credits](/faq/credit-policy) that it wants to get into the hands of content creators and content consumers.
|
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|
||||||
Unfortunately, when running a rewards program, people may abuse it.
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Unfortunately, when running a rewards program, people may abuse it.
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|
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@ -35,7 +35,7 @@ Google Analytics | | Android only | LBRY | User behavior and interactions withi
|
||||||
Content access analytics | Email | Yes, if email provided | LBRY | Content views used for Rewards and internal analytics
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Content access analytics | Email | Yes, if email provided | LBRY | Content views used for Rewards and internal analytics
|
||||||
IP addresses | | No, use VPN to protect | Everyone | Any access to LBRY services are logged to prevent abuse and comply with legal requirements
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IP addresses | | No, use VPN to protect | Everyone | Any access to LBRY services are logged to prevent abuse and comply with legal requirements
|
||||||
Blockchain metadata | Email | Yes, if email provided | LBRY| Wallet addresses and transactions related to Rewards are logged to prevent abuse and comply with tax requirements (above $600 yearly threshold)
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Blockchain metadata | Email | Yes, if email provided | LBRY| Wallet addresses and transactions related to Rewards are logged to prevent abuse and comply with tax requirements (above $600 yearly threshold)
|
||||||
Blockchain transactions | | No, don’t create transactions | Everyone | Any actions taken that use LBRY credits and create a permanent transaction on the blockchain. Not linked to any Account/User data.
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Blockchain transactions | | No, don’t create transactions | Everyone | Any actions taken that use LBRY Credits and create a permanent transaction on the blockchain. Not linked to any Account/User data.
|
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|
||||||
Scope of Data | LBRY Desktop App | lbry.tv (Web) | LBRY Android App | LBRY SDK |
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Scope of Data | LBRY Desktop App | lbry.tv (Web) | LBRY Android App | LBRY SDK |
|
||||||
:------------ |:------------ |:------------ | :-------------| :-------------|
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:------------ |:------------ |:------------ | :-------------| :-------------|
|
||||||
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|
|
@ -5,7 +5,7 @@ category: getstarted
|
||||||
|
|
||||||
Please note: iOS users will need to sign into odysee.com in their browser to claim rewards (Apple Policy not to allow earning cryptocurrencies in app).
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Please note: iOS users will need to sign into odysee.com in their browser to claim rewards (Apple Policy not to allow earning cryptocurrencies in app).
|
||||||
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|
||||||
Rewards are one of the ways LBRY users can obtain LBC (also known as LBRY credits, the digital currency token that powers the LBRY network). You can earn rewards for viewing content, following channels, publishing content, having other users to follow your channels, inviting other people to join LBRY, and more. Rewards are issued by LBRY Inc. **Reward amounts are subject to change at any time.**
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Rewards are one of the ways LBRY users can obtain LBC (also known as LBRY Credits, the digital currency token that powers the LBRY network). You can earn rewards for viewing content, following channels, publishing content, having other users to follow your channels, inviting other people to join LBRY, and more. Rewards are issued by LBRY Inc. **Reward amounts are subject to change at any time.**
|
||||||
|
|
||||||
Not all users are eligible for rewards, but you can still use LBRY without earning rewards; there is no requirement to spend LBC or even create a LBRY.tv account if you just want to view content. [Learn more about eligibility below.](#eligibility)
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Not all users are eligible for rewards, but you can still use LBRY without earning rewards; there is no requirement to spend LBC or even create a LBRY.tv account if you just want to view content. [Learn more about eligibility below.](#eligibility)
|
||||||
|
|
||||||
|
@ -26,7 +26,7 @@ To be eligible for rewards, you must **sign up for an account** at [lbry.tv](htt
|
||||||
- you use a VPN or shared network to access LBRY.
|
- you use a VPN or shared network to access LBRY.
|
||||||
- you try to artificially inflate follow counts or view counts (with "follow for follow" or "view for view" activity or purchased traffic) on LBRY or in other groups.
|
- you try to artificially inflate follow counts or view counts (with "follow for follow" or "view for view" activity or purchased traffic) on LBRY or in other groups.
|
||||||
- you spam comments on LBRY.
|
- you spam comments on LBRY.
|
||||||
- you immediately withdraw credits from the platform and do not use LBRY for its intended usecase (i.e. brokering LBC with other members, selling accounts)
|
- you immediately withdraw Credits from the platform and do not use LBRY for its intended usecase (i.e. brokering LBC with other members, selling accounts)
|
||||||
|
|
||||||
## How do I claim a reward?
|
## How do I claim a reward?
|
||||||
|
|
||||||
|
|
|
@ -7,11 +7,11 @@ LBRY allows you to tip and support your favorite creators using your LBC. You ca
|
||||||
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|
||||||

|

|
||||||
|
|
||||||
A _tip_ sends credits to a publisher permanently, while also boosting the trust and performance of the content (while active). Recipient can keep it staked or unlock (move to wallet balance).
|
A _tip_ sends Credits to a publisher permanently, while also boosting the trust and performance of the content (while active). Recipient can keep it staked or unlock (move to wallet balance).
|
||||||
|
|
||||||
A _support_ boosts trust and performance, but _does not_ give anything to the publisher permanently - therefore we call it a revokable support. The supporter can keep these staked as long as they like or [revoke them anytime via the wallet page](#revoke).
|
A _support_ boosts trust and performance, but _does not_ give anything to the publisher permanently - therefore we call it a revokable support. The supporter can keep these staked as long as they like or [revoke them anytime via the wallet page](#revoke).
|
||||||
|
|
||||||
In both cases, the amount of credits is stored as associated with (staked against) either the piece of content or the publisher channel. Either way, the amount staked:
|
In both cases, the amount of Credits is stored as associated with (staked against) either the piece of content or the publisher channel. Either way, the amount staked:
|
||||||
|
|
||||||
- Help content perform better in search results.
|
- Help content perform better in search results.
|
||||||
- Helps content appear higher in the list of [top and trending](https://lbry.com/faq/trending) publishes.
|
- Helps content appear higher in the list of [top and trending](https://lbry.com/faq/trending) publishes.
|
||||||
|
@ -30,13 +30,13 @@ Once you enter a value, click "Send". A tip will require a double confirmation,
|
||||||
|
|
||||||
## How do I redeem my tips?
|
## How do I redeem my tips?
|
||||||
|
|
||||||
When you receive a tip, the credits will come in to your wallet, and you can see them in your Transaction History. However, since the credits come in as supporting a claim, they are not spendable unless unlocked. See our [suggested guidelines](#guidelines) on tip unlocking. If you plan to unlock them, consider re-supporting your channel or otherwise making use of the credits on or outside of the platform.
|
When you receive a tip, the Credits will come in to your wallet, and you can see them in your Transaction History. However, since the Credits come in as supporting a claim, they are not spendable unless unlocked. See our [suggested guidelines](#guidelines) on tip unlocking. If you plan to unlock them, consider re-supporting your channel or otherwise making use of the Credits on or outside of the platform.
|
||||||
|
|
||||||
To have these credits show in your available balance, they must be unlocked. Tips can be unlocked in 1 of 3 ways.
|
To have these Credits show in your available balance, they must be unlocked. Tips can be unlocked in 1 of 3 ways.
|
||||||
|
|
||||||
### 1. Unlocking all tips
|
### 1. Unlocking all tips
|
||||||
|
|
||||||
You can unlock tips across all your published content and channels with a single transaction by clicking the unlock button from the **View More** section of your wallet. For creators with large amounts of tips, this may take a few minutes to process. The balance may not be spendable until a block confirmation occurs. Once unlocked, we encourage you to re-support your channel or recent content, as having an available balance means your credits aren't being put to good use!
|
You can unlock tips across all your published content and channels with a single transaction by clicking the unlock button from the **View More** section of your wallet. For creators with large amounts of tips, this may take a few minutes to process. The balance may not be spendable until a block confirmation occurs. Once unlocked, we encourage you to re-support your channel or recent content, as having an available balance means your Credits aren't being put to good use!
|
||||||
|
|
||||||

|

|
||||||
|
|
||||||
|
|
|
@ -21,7 +21,7 @@ We track views from Odysee and other LBRY apps. When a user with a validated acc
|
||||||
|
|
||||||
Click the User Avatar icon from the front page and then Channels to see your rate.
|
Click the User Avatar icon from the front page and then Channels to see your rate.
|
||||||
|
|
||||||
**Please note**: your rate is subject to change and is based on a number of variables including: average watch-time, average view count, type of content, engagement, creator location, price of credits, overall network usage etc. As a result, the rate moves up and down a bit on a regular basis. View rewards will also be limited if a creator earns over 1% of the weekly reward pool of credits.
|
**Please note**: your rate is subject to change and is based on a number of variables including: average watch-time, average view count, type of content, engagement, creator location, price of Credits, overall network usage etc. As a result, the rate moves up and down a bit on a regular basis. View rewards will also be limited if a creator earns over 1% of the weekly reward pool of Credits.
|
||||||
|
|
||||||

|

|
||||||
|
|
||||||
|
|
|
@ -14,7 +14,7 @@ Please review [this document](https://docs.google.com/document/d/e/2PACX-1vS0H7g
|
||||||
|
|
||||||
### 1. Term Period
|
### 1. Term Period
|
||||||
|
|
||||||
This Agreement lasts twelve (12) months from the date that the Content is uploaded to your Channel on LBRY. After that time, your content will continue to be on the LBRY Network under the terms of this agreement for successive 6-month periods; if you decide to revoke your content, it will be taken down within 30 days of LBRY receiving notice from you. If the content is revoked before the initial term period is up, any credits earned will need to be returned.
|
This Agreement lasts twelve (12) months from the date that the Content is uploaded to your Channel on LBRY. After that time, your content will continue to be on the LBRY Network under the terms of this agreement for successive 6-month periods; if you decide to revoke your content, it will be taken down within 30 days of LBRY receiving notice from you. If the content is revoked before the initial term period is up, any Credits earned will need to be returned.
|
||||||
|
|
||||||
### 2. Receiving LBRY Credits (LBC)
|
### 2. Receiving LBRY Credits (LBC)
|
||||||
|
|
||||||
|
|
Loading…
Add table
Reference in a new issue