Corrupted Video Flow Platform LİVEPEEROn August 27, the official X account announced that the network participation rate rose to 50.4 percent. The protocol stressed that inflation in the network will gradually decrease, the coin economy will be strengthened and network safety will increase. The main network of the network after the explanation LPT Coin It gained more than 30 percent.
The fall of inflation strengthens the token economy of the protocol
LİVEPEER’s XAccording to the official statement from the participation rate exceeding 50 percent of the network corresponds to an important turning point in the functioning of the network. Network inflationu will now decrease and this process will make the token economy more stable. The fall of inflation will ensure that network participants receive more balanced prizes in the long run and the incentives remain sustainable. This will make it easier to consolidate the trust of existing users and to include new participants in the system.
Network Participation RateThe increase in the increase is not only the reward mechanism, but also on the basic structure of the Lvepeer network. Further participation increases the number of confirmants and the impact on the network, increasing the resistance of the network against attacks. This contributes to the fact that the decentralized video flow infrastructure becomes safer.
Another point in Livepeer’s statement was that the increase in participation in the network was directly associated with network security. Because the increase in the number of participants leads to the emergence of a wider distributed structure. Thus, it is difficult for a single actor to control the network and the security level rises.
The participation rate exceeds 50 percent threshold is also a sign of the sustainable growth of the network. The protocol is thus approaching decentralized video flow services, which is one of the main objectives, both more scaled and closer to providing it through a safer infrastructure. Thanks to the high participation, it is expected to approach this goal faster.
LPT Coin’s price jumped
Lvepeer’s main network presence after the developments LPT Coin showed power. According to the data provided by CoinMarketcap Altcoin’s price increased by 3O in the last 24 hours up to $ 8,54. At the time of the news, the price is traded for $ 7.9 with some withdrawal.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
