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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1227339 times)
tonych
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August 14, 2019, 10:56:27 PM
 #21901

... but if I remember well there was once upon a time the idea that also big institutions would partecipate as witnesses

Correct, that was the original vision.  However it is not easy to get big institutions as witnesses, that's why decentralization is progressing so slowly.

Simplicity is beauty
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tonych
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August 14, 2019, 11:00:23 PM
 #21902


2. We are running a photo competition: Take a photo that features an O. Any O! The 3 best photos will be awarded a prize.

....

Details: https://medium.com/obyte/show-the-world-your-creative-talents-and-enter-the-obyte-summer-photo-competition-56dc3a170436


The competition is over, we saw a number of interesting entries, and the winners are named here:

https://medium.com/obyte/obyte-photo-competition-winner-annoucement-386133341ec1


Simplicity is beauty
pineapple express
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August 15, 2019, 10:41:51 AM
 #21903

Quote
The competition is over, we saw a number of interesting entries, and the winners are named here:
what was the point of this competition?
mishax1
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August 15, 2019, 10:47:12 AM
 #21904

Quote
The competition is over, we saw a number of interesting entries, and the winners are named here:
what was the point of this competition?

When you have nothing else to do, you start to make stupid things..
tarmo888
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August 15, 2019, 01:42:57 PM
 #21905

Quote
The competition is over, we saw a number of interesting entries, and the winners are named here:
what was the point of this competition?

When you have nothing else to do, you start to make stupid things..

I had an impression that everybody here is a marketing expert, but now people don't even recognize attempts of building brand engagement.
mishax1
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August 15, 2019, 01:52:14 PM
 #21906

Quote
The competition is over, we saw a number of interesting entries, and the winners are named here:
what was the point of this competition?

When you have nothing else to do, you start to make stupid things..

I had an impression that everybody here is a marketing expert, but now people don't even recognize attempts of building brand engagement.

"poor attempts of building brand engagement"
tarmo888
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August 15, 2019, 02:31:14 PM
 #21907

Quote
The competition is over, we saw a number of interesting entries, and the winners are named here:
what was the point of this competition?

When you have nothing else to do, you start to make stupid things..

I had an impression that everybody here is a marketing expert, but now people don't even recognize attempts of building brand engagement.

"poor attempts of building brand engagement"

That's just your "expert" opinion, man. Nearly 100 photos featuring something O-like was posted to dedicated #ophoto Discord channel, which based on how small Obyte community size is not a poor attempt.
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August 15, 2019, 02:46:48 PM
 #21908

Quote
The competition is over, we saw a number of interesting entries, and the winners are named here:
what was the point of this competition?

When you have nothing else to do, you start to make stupid things..

I had an impression that everybody here is a marketing expert, but now people don't even recognize attempts of building brand engagement.

"poor attempts of building brand engagement"

That's just your "expert" opinion, man. Nearly 100 photos featuring something O-like was posted to dedicated #ophoto Discord channel, which based on how small Obyte community size is not a poor attempt.
what you have achieved? I mean... you get "ophoto", what next?
tarmo888
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August 15, 2019, 03:40:39 PM
 #21909

Quote
The competition is over, we saw a number of interesting entries, and the winners are named here:
what was the point of this competition?

When you have nothing else to do, you start to make stupid things..

I had an impression that everybody here is a marketing expert, but now people don't even recognize attempts of building brand engagement.

"poor attempts of building brand engagement"

That's just your "expert" opinion, man. Nearly 100 photos featuring something O-like was posted to dedicated #ophoto Discord channel, which based on how small Obyte community size is not a poor attempt.
what you have achieved? I mean... you get "ophoto", what next?

I am glad you asked, this is what's next https://medium.com/obyte/whats-next-for-obyte-b495cfbb698
tonych
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August 15, 2019, 06:42:09 PM
Merited by LoyceV (1)
 #21910

Reminder, Episode 1 of the Obyte Community Radio Show starts in 1 hour 20 minutes at 20.00 UTC.

It will be streamed live on YouTube https://www.youtube.com/channel/UCYAjbxT5zHfeTtXe_hr9Gxg


Simplicity is beauty
tranthidung
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P y t h o n


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August 16, 2019, 02:14:18 AM
Merited by tyz (1)
 #21911

Let's recap it, that Obyte:
- Don't use blocks
- Don't use miners
- Near-instant transactions
- No gatekeepers

Some usecases & advantages:
- Conditional smart payments
- Sovereign identity
- IoT Payment channels
- Supper developer-friendly
- P2P payments in chat
- Chatbox
- P2P betting

Source: https://www.youtube.com/channel/UCYAjbxT5zHfeTtXe_hr9Gxg





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tonych
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August 19, 2019, 11:10:29 PM
Merited by tranthidung (1)
 #21912

The winners of the 2nd round of the developer contest are announced:

https://medium.com/obyte/winners-of-the-second-round-of-the-obyte-autonomous-agents-developer-contest-c69e37dbf55

1st prize 140 GB and 422 GBB:
pmiklos — “Autonomous Subscription Service”

2nd prize 70 GB and 147.7 GBB:
Alvarlaigna — “EOS-like Crowdsale”

3rd prize 35 GB and 73.85 GBB:
hey_monkey — “The Attested Reputations Autonomous Agent”

Best tutorial 55 GB and 116.05 GBB:
Pmiklos — “Stateful Autonomous Agents”

The contest continues and the deadline for entries is August 29th, the winners of round 3 will be announced on September 1st.


Simplicity is beauty
CryptoRobert
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August 27, 2019, 05:43:50 PM
 #21913

The winners of the 2nd round of the developer contest are announced:

https://medium.com/obyte/winners-of-the-second-round-of-the-obyte-autonomous-agents-developer-contest-c69e37dbf55

1st prize 140 GB and 422 GBB:
pmiklos — “Autonomous Subscription Service”

2nd prize 70 GB and 147.7 GBB:
Alvarlaigna — “EOS-like Crowdsale”

3rd prize 35 GB and 73.85 GBB:
hey_monkey — “The Attested Reputations Autonomous Agent”

Best tutorial 55 GB and 116.05 GBB:
Pmiklos — “Stateful Autonomous Agents”

The contest continues and the deadline for entries is August 29th, the winners of round 3 will be announced on September 1st.


This is a serious way to distribute bytes. It motivates people to develop useful tools for Obyte. The lottery on the contrary is an un-serious way to distibute bytes. Instead of rewarding developers, the lottery tends to attract and reward gamblers, ie people who do things in the hope of winning lotteries, probably the worse sort of public. Much better to destine resources to people with higher standards, like in this case.
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August 28, 2019, 12:44:03 PM
 #21914

~
- IoT Payment channels


Well, there has been much talk and discussion on the synergy of Obyte and IoT. Is there any real application of the Obyte-IoT technology  or it is on talking-grade level yet? P.S. Having  fingers crossed I'm still keeping in my wallet   Obyte   coins gotten during a few first airdrops for btc and byteball holders.

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August 28, 2019, 03:18:28 PM
 #21915

~
- IoT Payment channels


Well, there has been much talk and discussion on the synergy of Obyte and IoT. Is there any real application of the Obyte-IoT technology  or it is on talking-grade level yet? P.S. Having  fingers crossed I'm still keeping in my wallet   Obyte   coins gotten during a few first airdrops for btc and byteball holders.


Some demos are already built, some demos will be built during next 2 weeks, hopefully these can be announced in September. There is already a wallet released on Play Store, which is focused on IoT devices and supports payment channels, but it's currently only for TESTNET https://play.google.com/store/apps/details?id=ws.biot.wallet2
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August 30, 2019, 02:14:59 PM
 #21916

Obyte's model of airdrop distribution was based on the correct assumption that the value of a network grows according to growth of its nodes - as stated in Metcalfe's law.
However, as we've learnt reality is more complex than that and the only hope to grasp some of it is through a multidisciplinary approach.
One factor which was missing in this equation is "skin in the game", without which apparently a node in crypto is not a real node. I've written an extensive piece of this aspect in the Ivory Tower of this forum, and I'm quoting Obyte there too:

https://bitcointalk.org/index.php?topic=5174190

Please those interested give it a read and let's realize that a node is not a real node if it doesn't truly share the "dangers" of the network. Obyte is an amazing tech, and in time most of those who are holding bytes - nodes - without any skin in the game will likely hand them over to players willing to put their skin in the game and this will finally cause the rise in monetary value we all are patiently waiting for. But to speed up it's rise we'd have to think at ways to increase the levels of "skin in the game" of the new players.
The currently distribution by a way of a lottery is even more silly than a fair distribution to holders because it's adding zero skin in the game to the system. Just waisted time and energies IMHO. High level bounties rewarding real value contributions by the community would surely be a much wiser approach. Other ways to add skin in the game could and should be imagined. PoW coins have miners who have to continuosly put skin in the game to run the show and which it's what's rapidly causing value in those networks. We don't need miners in Obyte - which is good - but we'd need to find other alternative sources of skin in the game. Let's realize that a monetary system is not only an algorithmic system, but also a sociological one, and let's act accordingly.
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August 30, 2019, 02:41:45 PM
 #21917

The currently distribution by a way of a lottery is even more silly than a fair distribution to holders because it's adding zero skin in the game to the system.

That's not the current distribution, it's one of the current distribution methods.

There are also:
* Cashback
* WCGrid https://wcg.report/
* Steem Attestation https://obyte.io/@JEDZYC2HMGDBIDQKG3XSTXUSHMCBK725
* Email Attestation https://obyte.io/@H5EZTQE7ABFH27AUDTQFMZIALANK6RBG
* Real Name Attestation with Jumio https://obyte.io/@I2ADHGP4HL6J37NQAD73J7E5SKFIXJOT
* Real Name Attestation with ID-card/Smart-ID/Mobile-ID https://obyte.io/@OHVQ2R5B6TUR5U7WJNYLP3FIOSR7VCED

and Draw Lottery distributes currently the same amount as Autonomous Agents Developer Contest https://medium.com/obyte/distribution-outlook-bb28ff0b91aa because they are happening bi-weekly, one week it is the Draw Lottery and then the other week is the AA Developer Contest. The burn rate of Draw Lottery was cut in half.
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August 30, 2019, 04:03:15 PM
 #21918

The currently distribution by a way of a lottery is even more silly than a fair distribution to holders because it's adding zero skin in the game to the system.

That's not the current distribution, it's one of the current distribution methods.

There are also:
* Cashback
* WCGrid https://wcg.report/
* Steem Attestation https://obyte.io/@JEDZYC2HMGDBIDQKG3XSTXUSHMCBK725
* Email Attestation https://obyte.io/@H5EZTQE7ABFH27AUDTQFMZIALANK6RBG
* Real Name Attestation with Jumio https://obyte.io/@I2ADHGP4HL6J37NQAD73J7E5SKFIXJOT
* Real Name Attestation with ID-card/Smart-ID/Mobile-ID https://obyte.io/@OHVQ2R5B6TUR5U7WJNYLP3FIOSR7VCED

and Draw Lottery distributes currently the same amount as Autonomous Agents Developer Contest https://medium.com/obyte/distribution-outlook-bb28ff0b91aa because they are happening bi-weekly, one week it is the Draw Lottery and then the other week is the AA Developer Contest. The burn rate of Draw Lottery was cut in half.

Good. Didn't know the numbers, thanks for the information, happy to hear lottery has been cut in half. I strongly approve all other methods of distribution.  Smiley
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August 30, 2019, 04:38:58 PM
 #21919

when moon? Don't say me you rekt again, i just bought my 10th low
 
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August 31, 2019, 06:26:12 AM
 #21920

One factor which was missing in this equation is "skin in the game"

I second your opinion. Although I abhor the waste of resources by proof-of-work, I have to give it exactly this advantage.

Thumbs up from me for your post in the ivory tower, a good read and exactly my way of thinking.

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
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