Livepeer publishes 2.0 litepaper with protocol redesign

Livepeer officially published its 2.0 litepaper, written by founder Doug Petkanics, proposing a protocol redesign around AI media compute rather than video transcoding alone. The team paired the release with a two-minute explainer video and an X Space walking LPT holders, Orchestrators, and builders through the proposal, framing the document as a concrete starting point after months of community discussion, not the final spec.

In follow-up posts, Livepeer positioned the redesign in the context of an open-source LLM debate and the economics of running that compute, explaining that AI APIs price work in three common units — per token, per second or hour, and per request — and linking readers to the litepaper. A companion walkthrough of the litepaper maps the open request path — from "a tap to a GPU, a Livepeer request makes four open stops." The team has continued to drive the document alongside a video aimed at those considering self-hosting AI, pointing audiences back to the 2.0 litepaper as the reference.