Lituni protocol brings creators, node operators, and fans together in an incentive-aligned way, allowing these actors to collectively provide a high-quality article streaming experience guided by the foundational beliefs that:
- Users should be compensated in proportion to how much value they create for the network creators should directly engage with and transact with their fans
- Governance power should be earned by creating value in Lituni, and shared consistently between user groups contributing to the protocol
- Prices and earnings for participants should be consistent, predictable, and transparent
- Access should be democratized; anyone can contribute to Lituni if they follow the protocol rules, and all information is publicly accessible
- Intermediaries should be removed when possible; when necessary, they should be algorithmic, transparent, and verifiably accurate.
Lituni protocol allows creators, fans, and node operators to collectively provide a high-quality end-user article streaming experience without centralized infrastructure. The protocol is comprised of the following 5 components working in conjunction:
- Lituni token, valuable coins, and creator tokens: A platform token and shared token economy that aligns the incentives of all participants with three primary prongs of functionality: access, security, and governance
- Content nodes: A user-operated network of nodes to host content and permission access to content on behalf of creators
- Content ledger: A single source of truth for all data accessible within the Lituni protocol, anchoring references to content hosted by content nodes
- Discovery nodes: A user-operated network of nodes that index the Lituni content ledger and provide an easily queryable interface for retrieving metadata
- Governance: A mechanism for modifications and improvements to Lituni, which shares control among those who have created and are creating value on an ongoing basis.