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The Livepeer (LPT) project is a network built on Ethereum and focused on building infrastructure to enable developers to make video streaming applications. A network of node operators runs Livepeer, all token holders. Each node runs the Livepeer Media Server, the project's own open-source media server. Unlike other video streaming services, Livepeer does not host or store videos but instead optimizes the use of excess computational resources to transcode video. For developers, building a video streaming application can be expensive due to file size, hosting, and outsourcing transcoding to centralized transcoding and distribution companies. Livepeer aims to lay the groundwork for decentralized video streaming, resulting in a cheaper and scalable solution on which developers can build. To run a Livepeer node, token holders must hold and stake their LPT tokens to delegate nodes and contribute computational power and bandwidth to video transcoding. Developers building apps using Livepeer pay fees to utilize the infrastructure. Node operators then receive these fees in ETH. To function, Livepeer needs several key components to work together in harmony. Similar to validator nodes, orchestrator nodes interact with the protocol and seek video transcoding jobs to send to transcoder nodes. #lpt $LPT
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Happy 2025! With the first day of the new year let us share some tips on how to avoid scams and save your assets. 🔒 5 Tips to Avoid Crypto Scams 🚫 1. Stay Skeptical of Too-Good-to-Be-True Offers – If it sounds too good, it probably is! Always verify before acting. 2. Use Trusted Exchanges – Stick to well-known, secure platforms to buy, sell, and store your crypto. 3. Enable Two-Factor Authentication (2FA) – Add an extra layer of security to your accounts. 4. Be Careful with Phishing – Never click on suspicious links in emails or messages. Always check URLs. 5. Research Before Investing – Make sure the project or token is legitimate before you invest your hard-earned money. Protect your assets and stay safe in the crypto world! #btc2025
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Automata Network is a decentralized service protocol that provides a privacy middleware layer for decentralized applications (dApps) running on multiple blockchains. Leveraging cryptography and privacy-preserving algorithms, the Automata Network enables several privacy use cases, such as Anonymous Voting, Do-not-track Indexing, and Maximal Extractable Value (MEV) minimization. Developers can utilize Automata's open-source code and APIs to deploy dApps on the network, while users can purportedly transact securely. The Automata Network has three privacy middleware solutions: Witness, Conveyor, and Librarian. Automata Witness is a blockchain-agnostic privacy voting mechanism for dApps. With Automata Witness, a project owner can control the level of privacy protection a project uses at a supposed low cost. Voting occurs off-chain, thereby reducing on-chain costs. Chainhook is an on-chain mechanism that triggers execution based on the voting results. Automata Conveyor is an MEV Minimization solution that creates a front-running-free zone by arranging transactions in a predetermined order. Automata claims that this deters malicious actors from injecting new transactions into its output due to signature mismatch or deleting ordered transactions because transactions are broadcasted throughout the network. #ATA. $ATA
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Request Network is a blockchain project that aims to create a decentralized platform for payments, invoicing, and accounting. The project is built on top of the Ethereum blockchain and uses smart contracts to automate and streamline the process of sending and receiving payments. Anyone can use the platform to add to their Request Ledger and generate a payment request. The application keeps track of the necessary trade regulations, taxes, and complex payment terms. The Request suite of products includes Request finance, Request Create, and WooReq. Request Finance offers decentralized invoice and payroll solutions supporting multiple cryptocurrencies and stablecoins in various blockchains while offering support to 10+ fiat currencies. At the time of writing, over 2,000 projects and businesses rely on Request for their invoice and payroll management, including big-name projects such as The Sandbox, Maker Foundation, AAVE, the Fantom Foundation, and Gnosis. Request Create is a browser-supported invoice system that allows users to create requests to individual wallet addresses. Lastly, Request offers WooReq in its software suite. WooReq is a plugin that allows accepting cryptocurrency payments on WooCommerce, a plugin used for creating and managing online stores utilizing the e-commerce platform WordPress. The Request network is powered by its native $REQ token. Utilizing REQ, users can participate in staking and governance. The token also has anti-spam platform features by implementing a network fee every time a new payment request is created, discouraging malicious use of the network. #REQ $REQ
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The Synapse Network’s decentralized ecosystem exists on the Ethereum Network. Synapse began by developing a launchpad on which crypto projects could get a start and entryway to potential investors and build their holder communities. Michael Domarecki and Pawel Laskarzewski, both serial entrepreneurs with a vast array of experience between them, co-founded synapse. The network focuses on assisting projects and start-ups and hosts a wide range of other DeFi tools that platform users can implement for investment opportunities within the digital space. The cross-chain capability ensured by the Synapse protocol assists in powering asset swaps and cross-chain lending within the Synapse platform capabilities. To date, Binance, Ethereum, Polygon, and Avalanche have been networks interconnected for noticeably low fees through the Synapse Network protocol. The Synapse cryptocurrency is native to the network and is used to power operations within the Synapse platform as payment for gas. The Synapse network token is also used in the governance of the Synapse DAO, and as an incentivization to engage in financial protocols on the platform and cross-chain bridge. Synapse is known by its token ticker $SYN. #SYN $SYN
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