Obyte: Totally new consensus algorithm + private untraceable payments

[Freefactomizer]

A major update is coming to livenet in 2-4 months, today it was launched on testnet.

The update introduces Autonomous Agents and vastly increases the design space available to developers.

Here are some ideas of apps that can be created based on Autonomous Agents:

*    tradable shares in prediction markets;
*    futures contracts;
*    algorithmic stable coins;
*    synthetic assets;
*    other derivatives;
*    collateralized lending;
*    margin trading;
*    decentralized exchange;
*    decentralized oracles;
*    payment channels;
*    game economies;
*    market makers;
*    automatic management of investment portfolios;

Read the full story https://medium.com/obyte/introducing-autonomous-agents-6fe12fb12aa3



To encourage development of new apps and to extensively test the new functionality while it is still on testnet, we are simultaneously launching a developer contest

https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

Every two weeks we'll have up to 4 winners:

Best apps:
    Winner: 140 GB + 422 GBB
    2nd place: 70 GB + 147.7 GBB
    3rd place: 35 GB + 73.85 GBB

Best tutorial/guide: 55 GB + 116.05 GBB

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event.

Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

With this move, we are course-correcting our distribution policy and do not plan to launch any major distribution campaigns targeted at acquiring new users before a sufficient number of popular apps is built.

https://medium.com/obyte/distribution-outlook-bb28ff0b91aa

A preview of apps that can be created with AA: https://github.com/byteball/oscript-editor/tree/dc4084cf8a23d1a8bc6b39d8c3e5bc50976ffd75/src/templates/lib
The possibilities are huge for such a pretty simple script language!

[1714210116]

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[fuk]

We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.

LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.

users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?

you have no funding anyway, good luck searching for enthusiasts

[tarmo888]

We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.

LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.

users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?

you have no funding anyway, good luck searching for enthusiasts

What are you talking about FUDster? Just because we didn't do ICO doesn't mean we don't have funding. Did you even read any of the announcement posts or you just spread your FUD without even reading what the update was about https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

[maxvall]

To encourage development of new apps and to extensively test the new functionality while it is still on testnet, we are simultaneously launching a developer contest

Every two weeks we'll have up to 4 winners:

Best apps:
    Winner: 140 GB + 422 GBB
    2nd place: 70 GB + 147.7 GBB
    3rd place: 35 GB + 73.85 GBB

Best tutorial/guide: 55 GB + 116.05 GBB

How winners will be selected?

[fuk]

We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.

LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.

users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?

you have no funding anyway, good luck searching for enthusiasts

What are you talking about FUDster? Just because we didn't do ICO doesn't mean we don't have funding. Did you even read any of the announcement posts or you just spread your FUD without even reading what the update was about https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.

[altcoinb]

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.

A perfect price for entry ;-)
Why are you here "when everything is crap"? Did you lose your money here?

[fuk]

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.

A perfect price for entry ;-)
Why are you here "when everything is crap"? Did you lose your money here?

a bit, i'm to help people do not commit my mistake

[Wekkel]

For all you know, Obyte could be at its lowest point with a massive multi year rally ahead. And you would be talking people out of it.

[altcoinb]

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.

A perfect price for entry ;-)
Why are you here "when everything is crap"? Did you lose your money here?

a bit, i'm to help people do not commit my mistake

ok, I'm sorry for you. i also paid $400 for 1 GB, but i do not regret it,
I'm happy about the current price, because i get for the same money ~15 GB
When did you start your invest and what did you expect from the project?
Did you have any interest in the project or was it only gambling?

[tarmo888]

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.

A perfect price for entry ;-)
Why are you here "when everything is crap"? Did you lose your money here?

a bit, i'm to help people do not commit my mistake

If you want to help people not make your mistakes then teach them not to FOMO coins during bull-runs and stop harassing projects that actually deliver what was promised on whitepaper.
You didn't gamble on wrong horse, you did it at wrong time and now you are just spreading FUD on projects that actually do work.

[maxvall]

To encourage development of new apps and to extensively test the new functionality while it is still on testnet, we are simultaneously launching a developer contest

Every two weeks we'll have up to 4 winners:

Best apps:
    Winner: 140 GB + 422 GBB
    2nd place: 70 GB + 147.7 GBB
    3rd place: 35 GB + 73.85 GBB

Best tutorial/guide: 55 GB + 116.05 GBB

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event.

Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

With this move, we are course-correcting our distribution policy and do not plan to launch any major distribution campaigns targeted at acquiring new users before a sufficient number of popular apps is built.

Please clarify. Will the weekly draws be completely canceled?

[MrChicken1987]

We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.

LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.

users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?

you have no funding anyway, good luck searching for enthusiasts

What are you talking about FUDster? Just because we didn't do ICO doesn't mean we don't have funding. Did you even read any of the announcement posts or you just spread your FUD without even reading what the update was about https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.

$16.159.762 is almost worthless?  You must be rich as f... if you consider 16 million dollar worthless.

But besides that: What are some "really necessary things" that a coin needs, that this coin does not have? Note the difference: That is necessary for a coin, not a thing that you want to have!

[altcoinb]

Please clarify. Will the weekly draws be completely canceled?

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event. Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2
subscribe the newsletter my friend

[fuk]

We believe that the retention rates could be improved by having more apps on the platform that the users would engage with and extract value from.

LOL two years later you heard us. Too late tony

Where have you been living? Under the rock? Obyte has been all the time "we need more adoption". There has been always been more tools available than anybody could need, now there is even more.

users don't need your tools, they need apps. Apps better than other places can offer

No sh!t, and who are doing these apps? Developers. This latest update is specially for them, so they can build more decentralized apps by doing more on-chain.
Are you now saying that you have been telling we need more developers on Obyte all the time and nobody hasn't listened you?

you have no funding anyway, good luck searching for enthusiasts

What are you talking about FUDster? Just because we didn't do ICO doesn't mean we don't have funding. Did you even read any of the announcement posts or you just spread your FUD without even reading what the update was about https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.

$16.159.762 is almost worthless?   You must be rich as f... if you consider 16 million dollar worthless.

But besides that: What are some "really necessary things" that a coin needs, that this coin does not have? Note the difference: That is necessary for a coin, not a thing that you want to have!

1. cap != money, cap = latest price x supply
2. obyte team don't own most of this supply
this coin does not have use case, investment attractiveness, decentralization

[tarmo888]

you have no funding anyway, good luck searching for enthusiasts

What are you talking about FUDster? Just because we didn't do ICO doesn't mean we don't have funding. Did you even read any of the announcement posts or you just spread your FUD without even reading what the update was about https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.

$16.159.762 is almost worthless?   You must be rich as f... if you consider 16 million dollar worthless.

But besides that: What are some "really necessary things" that a coin needs, that this coin does not have? Note the difference: That is necessary for a coin, not a thing that you want to have!

1. cap != money, cap = latest price x supply
2. obyte team don't own most of this supply
this coin does not have use case, investment attractiveness, decentralization

There is still around 30% left to distribute (over $6m) and 1/3 of that belongs to Foundation https://stats.obyte.org/Top100Richest.php
If Obyte has been able to build that much with past 3 years (2.5 years of running mainnet) then the possibilities are endless if the community actually starts developing too, not just sitting on their balls and waiting for the price to pump.
Obyte role is to build the architecture and the tools, it is up to the community and businesses to build the services with the tools that is given to them.

You just answered why you got burn with investing, you are not investing in potential, you are investing when there is FOMO or already established use cases, which is too late.
Kind of makes yourself pretty good example how not to invest, I am glad you are here so everybody can see how somebody who made wrong decisions acts after that.

[maxvall]

Please clarify. Will the weekly draws be completely canceled?

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event. Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2
subscribe the newsletter my friend

I already seen this. This is not clear enough to me. I need an unambiguous answer.

Will be weekly draws canceled or not? If yes, how many draws remains to end?

Tarmo888 please clarify it.

[tarmo888]

Please clarify. Will the weekly draws be completely canceled?

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event. Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2
subscribe the newsletter my friend

I already seen this. This is not clear enough to me. I need an unambiguous answer.

Will be weekly draws canceled or not? If yes, how many draws remains to end?

Tarmo888 please clarify it.

There is nothing more to clarify than what is official news https://medium.com/obyte/distribution-outlook-bb28ff0b91aa
Only thing is sure that at the moment it is decided that half of what was spent on Draw Airdrop, will be spent on rewarding developers who develop on Obyte with AAs and therefore also could help find bugs on something that is not yet released on mainnet. After that, distributions will get re-evaluated again, if somebody accidentally even comes up with a better distribution using the AAs then that could be used for distribution. Even the Oscript editor has some scripts that could be used for new distributions https://testnet.oscript.org/

[jwinterm]

tarmo888, sorry you and the boys got banned from /r/cryptocurrency on reddit. Just so you know, linking reddit threads (inside or outside of reddit) is considered vote manipulation/brigading, especially if you are requesting people to go to linked thread and vote or comment. That is against reddit site wide rules. That is why you guys were all banned, not for calling me racist (though I did ban you initially for a few days for calling me FUDster, as we also don't really allow name calling, but not as serious offense as VM/brigading). If you want to ask for ban to be lifted in a few weeks that should be fine. Even though I'm not a fan of byteball, I don't want you to be shut out of /r/cryptocurrency, but you have to play by the rules (or at least not be stupid enough to get caught).

[diyhockey]

tarmo888, sorry you and the boys got banned from /r/cryptocurrency on reddit. Just so you know, linking reddit threads (inside or outside of reddit) is considered vote manipulation/brigading, especially if you are requesting people to go to linked thread and vote or comment. That is against reddit site wide rules. That is why you guys were all banned, not for calling me racist (though I did ban you initially for a few days for calling me FUDster, as we also don't really allow name calling, but not as serious offense as VM/brigading). If you want to ask for ban to be lifted in a few weeks that should be fine. Even though I'm not a fan of byteball, I don't want you to be shut out of /r/cryptocurrency, but you have to play by the rules (or at least not be stupid enough to get caught).

why do they call you racist lol? let me guess, you called them communists? Looks like the byteball team has lost the remnants of common sense  

[jwinterm]

tarmo888, sorry you and the boys got banned from /r/cryptocurrency on reddit. Just so you know, linking reddit threads (inside or outside of reddit) is considered vote manipulation/brigading, especially if you are requesting people to go to linked thread and vote or comment. That is against reddit site wide rules. That is why you guys were all banned, not for calling me racist (though I did ban you initially for a few days for calling me FUDster, as we also don't really allow name calling, but not as serious offense as VM/brigading). If you want to ask for ban to be lifted in a few weeks that should be fine. Even though I'm not a fan of byteball, I don't want you to be shut out of /r/cryptocurrency, but you have to play by the rules (or at least not be stupid enough to get caught).

why do they call you racist lol? let me guess, you called them communists? Looks like the byteball team has lost the remnants of common sense  

Because they posted a thread and I commented that one Russian dude controls the network and all undistributed funds. Apparently mentioning network controller's nationality is racist.