Obyte: Totally new consensus algorithm + private untraceable payments

[wudackprod]

Are you a developer?💻 We are running a Poll among devs, Please take couple minutes to answer it😉
Your opinion is really appreciated!

Link: https://docs.google.com/forms/d/e/1FAIpQLSfBYRH_U6pbHaOqbNLqwrIQBpJycsIPwXnTSOdhOacWZ3ZIog/viewform

[wudackprod]

Did you know about the unique opportunity to get Bytes from Obyte? You will need to join the World Community Grid.

It’s very simple: you let your computer do some computational work, and receive some Bytes. Sounds like mining, but it is not. Because the work itself, not just its proof, is useful in the outside world. There is also a grant program, but today more details about WCG: https://medium.com/obyte/computing-for-good-again-3795336bdaed

[tarmo888]

]

The Champions League⚽️ is restarting and you can bet on it with Sports Betting Bot!

Thought I’d try out this bot and got a bet Manchester City FC vs Real Madrid CF. The contract itself is easy to understand as it is written  with the use of human readable language. Let's see what happens next... when I win (or lose? who knows).

Cool, cool bot should say.  I have tried it three  times,  betting on European clubs in Champions League, one bet lost but two wins. Is there any statistics on how many users use this bot to bet on various sport events?

There is no live stats as far as I know, but there is API endpoint for last 100 bets https://github.com/Papabyte/betting-bot-API/blob/master/COMMANDS.md#getlastbets

There was also some stats posted 2 years ago when there was Soccer World Cup, but i think the usage is lower now.
https://steemit.com/byteball/@papabyte/byteball-sports-betting-bot-statistics

[wudackprod]

Did you know why Autonomous Agents from Obyte have a much wider range of possibilities than Smart Contracts?
No? - This article special for you: https://blog.obyte.org/smart-contracts-vs-autonomous-agents/

[CryptKeeper]

Only 4 days left for the crowdfunding of the Pollopollo Feedback Module!

Please donate!

https://madeonobyte.org/funding/pollopollo-feedback-module-14qaq3qqzze

[tarmo888]

Dear community, I launched a crowdfunding project named “404monster” on MOO platform, 404monster is designed as a google chrome extension which enables common users to save valuable text to the DAG network of Obyte.

I'm afraid if implemented  the DAG network will be flooded with the garbage messages. Does Obyte really need that? I don't think so. I  would advise you to challenge something else, DeFi for example. Ethereum  had gotten high kudos for that, recently. Why wouldn’t Obyte do the same.

I agree about the garbage, Obyte DAG doesn't need it and garbage shouldn't need to be decentralized and timestamped either.

It's a community project and community funded (not a project by Obyte Foundation), but Obyte Foundation and rest of the community already do DeFi:
https://ostable.org/
https://tokens.ooo/
https://odex.ooo/
https://oswap.io/

[wudackprod]

Take part in the creation of unique things with MadeOnObyte Crowdfundings!

PolloPollo with their "Feedback Module" project, only 7% is missing!
https://madeonobyte.org/funding/pollopollo-feedback-module-14qaq3qqzze

404 Monster with their chrome extension to save data with #Obyte technology, 60/100%!
https://madeonobyte.org/funding/404monster-zke397qaxyo

[wudackprod]

We launched a github attestation bot that allows to link one's Obyte Address to one's github username.
There will be big benefit from it as soon as apps and AAs that use the attestation are launched.

The attestations are listed here: https://devid.org

[jwinterm]

Market Rank   #350

oof

[wudackprod]

Want to remind that It is now possible to buy Bytes with credit card or bank transfer directly from the main page of our website👏🏼
The service is provided by http://CryptoCoin.pro

Check it out here: https://obyte.org/#checkout

[wudackprod]

Great news from Obyte: listing of Gbyte at the new exchange! 🚀 Folgory - Top 20 Exchange Ranked by Coinmarketcap (https://coinmarketcap.com/exchanges/folgory/)

Start trading GBYTE / BTC using the link: https://folgory.com/trade-crypto/GBYTE_BTC

[wudackprod]

Great news! We want to inform that we have made a huge step for our development - a new website has been launched - https://obyte.org.
It contains more information about the platform, products, technologies, etc. We are looking forward to your opinion and feedback! 🚀🚀🚀

[wudackprod]

Read the benefits of running Obyte full node #DAG (Directed Acyclic Graph) by one of the lead developers @tarmo888: https://twitter.com/tarmo888/status/1293336265446903813

[bitcampaign]

Dear community, I launched a crowdfunding project named “404monster” on MOO platform, 404monster is designed as a google chrome extension which enables common users to save valuable text to the DAG network of Obyte.

I'm afraid if implemented  the DAG network will be flooded with the garbage messages. Does Obyte really need that? I don't think so. I  would advise you to challenge something else, DeFi for example. Ethereum  had gotten high kudos for that, recently. Why wouldn’t Obyte do the same.

Obyte doesn't have to do the same thing with ethereum, although ethereum is getting credit with the DeFi project but unfortunately that's on the investor side but not the community currently complaining about the high transaction fees of the ETH network and whereas ETH is not ready to launch ETH 2.0 yet, that's true broken right

[Artifex]

Read the benefits of running Obyte full node #DAG (Directed Acyclic Graph) by one of the lead developers @tarmo888: https://twitter.com/tarmo888/status/1293336265446903813

Hi! Why complicate the way nodes communicate with each other? An ordered communication method is the best way to build a stable blockchain architecture.

[tarmo888]

Read the benefits of running Obyte full node #DAG (Directed Acyclic Graph) by one of the lead developers @tarmo888: https://twitter.com/tarmo888/status/1293336265446903813

Hi! Why complicate the way nodes communicate with each other? An ordered communication method is the best way to build a stable blockchain architecture.

It's not a graph of nodes communication, but graph of transactions. The transactions are not put into blocks, transactions have DAG structure. Obyte doesn't use blockchain.

[Artifex]

Then what is the advantage of this method of sending transactions? The ordered grid allows fast communication to nodes across the network and gives a speed of 1000tps

[tarmo888]

Then what is the advantage of this method of sending transactions? The ordered grid allows fast communication to nodes across the network and gives a speed of 1000tps

There is no block producers (miners), everyone with a full node can add a transaction directly to DAG and you don't have to bribe miners to include your transaction to block. Transactions are linked to each other, no linked blocks and no reorgs of already confirmed transactions.

You can read more about it there https://medium.com/obyte/dag/home

[Artifex]

Then what is the advantage of this method of sending transactions? The ordered grid allows fast communication to nodes across the network and gives a speed of 1000tps

There is no block producers (miners), everyone with a full node can add a transaction directly to DAG and you don't have to bribe miners to include your transaction to block. Transactions are linked to each other, no linked blocks and no reorgs of already confirmed transactions.

You can read more about it there https://medium.com/obyte/dag/home

for example, the TERA blockchain does not have a commission for sending transactions.

please tell me what bandwidth Obyte gives

[tarmo888]

Then what is the advantage of this method of sending transactions? The ordered grid allows fast communication to nodes across the network and gives a speed of 1000tps

There is no block producers (miners), everyone with a full node can add a transaction directly to DAG and you don't have to bribe miners to include your transaction to block. Transactions are linked to each other, no linked blocks and no reorgs of already confirmed transactions.

You can read more about it there https://medium.com/obyte/dag/home

for example, the TERA blockchain does not have a commission for sending transactions.

please tell me what bandwidth Obyte gives

Well, that's great that it doesn't have fees, but why would anybody value those coins if they are not needed for anything? Their value is only based on speculation? You sure it's not security token? Obyte Bytes are not security token, they have real utility, you need them to make transactions on Obyte.

I think you didn't read the link I posted or you didn't understand it because you only care about TPS. Obyte is not blockchain, so it doesn't have blockchain problems and it can do more TPS on mainnet that there is demand. Even more bandwidth can be done using payment channels (already possible) or with sidechains (soon).

Amount of basic payments TPS is meaningless measurement, everybody measures it differently and payments are just one type of messages that can be stored on Obyte DAG - there are many other possibilities that many blockchains can't do.