Approaching two years since we explored the disruptive promise of decentralized encoding via a start-up called Livepeer, the company has issued a crucial roadmap update on its vision for progressive decentralization. While Livepeer has accomplished some of its goals since raising $8 million in Series A funding in June 2019, the company says some verticals remain a work in progress, such as the continuing expansion of the Livepeer Network’s capabilities beyond initial adaptive bitrate transcoding, as well as the evolving governance structure. A recent company blog post, penned by Livepeer founder Doug Petkanics, claims the Livepeer Network in its current state performs one job “very well” – which is ABR video transcoding. But Livepeer is dreaming much bigger, having identified…