Obyte: Totally new consensus algorithm + private untraceable payments

[tarmo888]

I'm late in answering because I was away from the forum - sorry for that.
You mention judges and governments agreeing among them - come on, this is not the real world. Should Obyte succeed in the extremely unlikely task of becoming the new N.1 because "it's better than Bitcoin" and should it somehow endanger the fiat banking system it would take just seven hitmen for the banksters to get the job done in one single day and if the community forks the project it only means the hitmen would have to be hired for another day or two (according to how many times the community will insist to fork). We're not discussing the "why" should they want to do that - of course as long as Obyte is a little project nobody will care. But if you are planning a platform which has to be better than Bitcoin, it must also possess at least the same resilience. Pushing the problem under the rug is not a solution. It's the only technical (big) flaw I see in an otherwise excellent and still deeply undervalued project.
BTW look at the John McAfee case, he has been imprisoned in Spain for the "crime" of not having filed for taxes... in the USA - LoL, that tell you everything on how what's only matters on earth is power, not rules.

LOL, what fantasy world are you living in? It is more likely that climate change activist will attack server farms than bankers hiring hitmen for regular people.
Obviously, John McAfee would not be a good fit for Order Provider and most people probably would not pick him as one, hopefully.

[tarmo888]

I think oswap.io picks a pool that has better price for your amount. Many cases, the pool with less liquidity has better price only for very small amounts because the exchange rate for small pool changes fast as you try yo exchange more.

Nope, it doesn't work this way. Cbyte-OUSD 0.1% pool has the better price to swap from OUSD to GByte than the pool with 0.3% fee  but oswap didn't pick it up. All time when I want to swap from OUSD to GByte  oswap offers me the 0.3% pool instead of the 01% one. So I consider this as a serious drawback because my choice is ignored.

Your choice doesn't matter, best price for your amount should matter, if it doesn't then there is probably bug in UI.

You can still send tokens to specific AA address without oswap.io and then ot will use the pool of your choosing.

Tomo chain has the edge over your system since it builds pools itself, no user interaction is needed. You lag far behind with your pool douchbaggery coz people like not to lock up money in the pool but to get free money from a donation facet while maintaining idleness in terms of their act. Pools shall pop up autonomously and be filled with money from the blokchain fund and then send that money to whoever asks for it.

Looks like you don't understand the difference of faucets, staking and providing liquidity for swapping pools.
TomoChain has swapping pools too because it is straight up copy of Uniswap https://app.luaswap.org/#/pool
Just like Obyte has liquidity mining https://liquidity.obyte.org/, LuaSwap has farming on TomoChain too

Good luck with the pointless Ethereum fork, which uses voting to resolve conflicts, which is no different from any other block producer censorship. Obyte has no voting, transaction order is based on everyone's transactions.

[Random-String-Symphony]

(based on the statements I see on Twitter, the team has finally decided to focus on ex'marketing).

If you want to achieve anything start talking about the project on socials or start building something on top of Obyte, like PolloPollo.org, and start talking about that. Word of mouth is the most powerful marketing tool there is. Don't expect the team to do it for you. They've built the most feature complete platform in all of crypto, yet no-one is talking about it and hardly anyone is building anything on it.

[icopress]

You forget that often the ^[founder] is the same person as the product developer, and because of his narrow specialization, it is difficult for him to delegate authority. Therefore, it is foolish to assume that the fate of the project is in the hands of the community. Yes, we all see that the CEO does not give empty promises, so I hope that soon we will see the expansion of liquidity as it was said. As for the bullish trend, I meant that most of the coins with serious infrastructure made a breakthrough of 500% or more this year, (for this reason, I do not consider the rise of Obyte from $20 to $40 as a bullish trend).

[tarmo888]

Btway, the link to Discord is inactive.

Which link? All links are very active
https://discord.obyte.org/
https://obyte.org/discord
https://discord.gg/qHHST4e

[icopress]

Well, 500% for Gbyte seems to be unrealistic. The project lost traction ~ 3  years ago and over these years  there have been many other projects that have taken up the niches that Obyte could have. Now it’s playing  the catching-up role rather then   leading one. BTW, if you wanna get link to Discord ask  tarmo888, he will invite you.

500% is a pretty real figure if you know what to do. A good exchange, paired with a few marketing activities and you should be fine, (for example, prizes for trading volumes or a thoughtful drop under the auspices of the exchange). I recently looked at the list of coins listed on Binance, and I can say that Obyte looks pretty good against the background of most of them. Btway, if you look at these criteria _{[Binance Listing Tips]}, you will understand what I mean when I say that Obyte is pretty good.

[tarmo888]

You forget that often the ^[founder] is the same person as the product developer, and because of his narrow specialization, it is difficult for him to delegate authority. Therefore, it is foolish to assume that the fate of the project is in the hands of the community. Yes, we all see that the CEO does not give empty promises, so I hope that soon we will see the expansion of liquidity as it was said. As for the bullish trend, I meant that most of the coins with serious infrastructure made a breakthrough of 500% or more this year, (for this reason, I do not consider the rise of Obyte from $20 to $40 as a bullish trend).

Not exactly true, there are many developers who are working or have worked on Obyte and different tasks are delegated to different people https://obyte.org/#team
The fate of this project is in the hands of the community, it's kind of weird to read that it could be anything else. Without the community, it's just bunch of code.
There is limited amount of reach that Obyte Foundation can ever get, no matter how much money it would waste on marketing, so it very much depends on the community to use Obyte and promote Obyte.
Most older coins have barely reached their previous ATH, Obyte has not because it went very high at then dropped a lot, so those 500% gains are mostly from new DeFi and NFT garbage, which some of them won't even exist in 2 years.

Well, 500% for Gbyte seems to be unrealistic. The project lost traction ~ 3  years ago and over these years  there have been many other projects that have taken up the niches that Obyte could have. Now it’s playing  the catching-up role rather then   leading one. BTW, if you wanna get link to Discord ask  tarmo888, he will invite you.

500% is a pretty real figure if you know what to do. A good exchange, paired with a few marketing activities and you should be fine, (for example, prizes for trading volumes or a thoughtful drop under the auspices of the exchange). I recently looked at the list of coins listed on Binance, and I can say that Obyte looks pretty good against the background of most of them. Btway, if you look at these criteria _{[Binance Listing Tips]}, you will understand what I mean when I say that Obyte is pretty good.

500% for GBYTE is very real goal even without any new exchanges. 500% gain would only be $230, which at current liquidity could be reached with just FOMOing in with 10 BTC. Only 17 BTC would clear out the whole sell side on Bittrex and take GBYTE price over $500. More exchanges would most likely dilute the liquidity on existing exchanges at this point.
Prizes for trading volumes on the other hand, doesn't help liquidity much, that's just wash trading. Obyte already has Trading Rewards https://trade.obyte.org/ which distributes GBYTE to those who buy more, HODL and then sell higher.

[icopress]

tarmo888, can you tell me which app was used to create the roadmap? ^{[Obyte [GRANT], Page 5]} (I would be very grateful).

Only 17 BTC would clear out the whole sell side on Bittrex and take GBYTE price over $500. More exchanges

You yourself say that within the framework of the exchange with the help of a relatively small amount, you can create a significant pump. As for me, this has nothing to do with liquidity, but on the contrary its absence. + I'm not talking about a large number of exchanges, I meant listing on at least one more liquid exchange. Since, honestly speaking, I am skeptical about all exchanges on which GBYTE is traded except Bittrex.

[tarmo888]

tarmo888, can you tell me which app was used to create the roadmap? ^{[Obyte [GRANT], Page 5]} (I would be very grateful).

I think it's Microsoft Project.

[tonych]

... However the team has to make an effort to boost liquidity, Bittrex is not enough and many of us are unhappy with it. I would like to find  Kucoin as an option to trade.

Sorry that I didn't post in this thread for some time. We are still collecting bids for an exchange listing pool. The participants will be able to buy GBYTEs from Obyte Foundation at market price and the funds will be used to pay for exchange listing. So far, we have 16 bids totalling $257k-$560k (many people indicated a wide range and they are prepared to buy more if we list on a bigger exchange). Those who want to contribute, please pm me.

More details are on discord https://discord.com/channels/534371689996222485/544817574341246987/819956710898401360

[tonych]

Obyte has been listed on State of the DApps:

https://www.stateofthedapps.com/spotlights/obyte-distributed-ledger-live-enabling-faster-transactions

https://www.stateofthedapps.com/platforms/obyte

[hd49728]

Obyte has been listed on State of the DApps:

https://www.stateofthedapps.com/spotlights/obyte-distributed-ledger-live-enabling-faster-transactions

https://www.stateofthedapps.com/platforms/obyte

Did the Obyte team send any request to DefiPulse to list Obyte on that website?

I hope the team can contact DefiPulse and fill in the application form to try listing Obyte on the main page and on DeFi list

... However the team has to make an effort to boost liquidity, Bittrex is not enough and many of us are unhappy with it. I would like to find  Kucoin as an option to trade.

Sorry that I didn't post in this thread for some time. We are still collecting bids for an exchange listing pool. The participants will be able to buy GBYTEs from Obyte Foundation at market price and the funds will be used to pay for exchange listing. So far, we have 16 bids totalling $257k-$560k (many people indicated a wide range and they are prepared to buy more if we list on a bigger exchange). Those who want to contribute, please pm me.

More details are on discord https://discord.com/channels/534371689996222485/544817574341246987/819956710898401360

New exchanges will be a big news for Obyte that is a good project but has very little volume on exchanges. Traditional exchanges are priorities but do you think of Decentralize Finance platforms yet? They have very high volume in past months. Any solution to bring Obyte to ERC-20 or BSC DeFi platforms? Any solution to build a brige for swap cross chains?

[tonych]

Did the Obyte team send any request to DefiPulse to list Obyte on that website?

I hope the team can contact DefiPulse and fill in the application form to try listing Obyte on the main page and on DeFi list

We did. Didn't hear back.

New exchanges will be a big news for Obyte that is a good project but has very little volume on exchanges. Traditional exchanges are priorities but do you think of Decentralize Finance platforms yet? They have very high volume in past months. Any solution to bring Obyte to ERC-20 or BSC DeFi platforms? Any solution to build a brige for swap cross chains?

Already building a bridge. A truly decentralized one.

[hd49728]

500% is a pretty real figure if you know what to do. A good exchange, paired with a few marketing activities and you should be fine, (for example, prizes for trading volumes or a thoughtful drop under the auspices of the exchange). I recently looked at the list of coins listed on Binance, and I can say that Obyte looks pretty good against the background of most of them.

Those DeFi tokens will need 4 or 5 years to be good as same as Obyte now. Higher price does not mean they are better than Obyte.

Btway, if you look at these criteria _{[Binance Listing Tips]}, you will understand what I mean when I say that Obyte is pretty good.

Thank you. I did not know that article from CZ and after I read it, I feel that CZ and Binance open to list coin and token. Just file application and documents that show Obyte is a good project. If the team can cooperate with Binance (CZ shills some advice in that article), I think Obyte will have good probability to be listed on Binance.

Binance Smart Chain and BNB can be keys. However, there are other chains on other exchanges (HECO from Huobi) and the team can consider too.

[tarmo888]

Btway, if you look at these criteria _{[Binance Listing Tips]}, you will understand what I mean when I say that Obyte is pretty good.

Thank you. I did not know that article from CZ and after I read it, I feel that CZ and Binance open to list coin and token. Just file application and documents that show Obyte is a good project. If the team can cooperate with Binance (CZ shills some advice in that article), I think Obyte will have good probability to be listed on Binance.

Binance Smart Chain and BNB can be keys. However, there are other chains on other exchanges (HECO from Huobi) and the team can consider too.

Obyte meets 2 of these: proven team, useful project.
But fails at "large user base".

We want good coins. It’s simple, and every coin is different. In general, we like coins with a proven team, useful product, and large user base. We don’t have any hard requirements, as any requirement we publish will likely be reverse engineered.

Tip 20: Focus on user adoption. If you have a large number of users, your product has value. That’s the easiest to measure.

This basically means, the smaller your user base is the more money they want. If it's huge user base then they might even consider to list for free. Obyte never had ICO to have money to pay for expensive listing fees. Obyte doesn't have large user base either, so that's why Obyte is not very attractive for Binance.

We donate all listing fees to Binance Charity Foundation, an 100% transparent charity tracked on the blockchain.

Tip 24: There is no fixed number. Just propose a number you are comfortable with. Show your willingness to contribute to social impact.

But as Tony said earlier, we are asking the community to submit the bids they are willing to do, so we could sell part of the undistributed funds for listing on  some more affordable big exchange.

Sorry that I didn't post in this thread for some time. We are still collecting bids for an exchange listing pool. The participants will be able to buy GBYTEs from Obyte Foundation at market price and the funds will be used to pay for exchange listing. So far, we have 16 bids totalling $257k-$560k (many people indicated a wide range and they are prepared to buy more if we list on a bigger exchange). Those who want to contribute, please pm me.

More details are on discord https://discord.com/channels/534371689996222485/544817574341246987/819956710898401360

Obyte was once on Community Coin of the Month vote, but we did not came first https://twitter.com/ObyteOrg/status/1034264461106970624

[icopress]

This basically means, the smaller your user base is the more money they want. If it's huge user base then they might even consider to list for free. Obyte never had ICO to have money to pay for expensive listing fees. Obyte doesn't have large user base either, so that's why Obyte is not very attractive for Binance. Obyte was once on Community Coin of the Month vote, but we did not came first https://twitter.com/ObyteOrg/status/1034264461106970624

As far as I know, this was the case before, but now Binance often makes exceptions. After all, as I understand it, after Obyte came to Binance's field of vision, there were no more attempts to contact the listing team? Do not forget that Binance is partly a promoter itself, so even a good project with a small audience has every chance. Moreover, as I said above, Obyte has already come into view, since Binance would not put up a project that does not meet their criteria for voting. So I think it's worth going back to this possibility, at least thinking about it.

[hd49728]

Obyte was once on Community Coin of the Month vote, but we did not came first https://twitter.com/ObyteOrg/status/1034264461106970624

It sucks when Cortex (CTXC) was chosen and listed on Binance. That is a very bad altcoin and can not compare to Obyte.

Most older coins have barely reached their previous ATH, Obyte has not because it went very high at then dropped a lot, so those 500% gains are mostly from new DeFi and NFT garbage, which some of them won't even exist in 2 years.

Very true. People have been in the crazy game with DeFi tokens since 2020. I believe many of them are crypto newbies but I won't surprise when many of old crypto investors join DeFi game. They are greed and don't consider of what will come when bear market comes.

2 years after every big bull market, shit altcoins are dead projects. The market proves it and big list in coinmarketcap can show how many potential projects became dead ones very fast.

[icopress]

2 years after every big bull market, shit altcoins are dead projects. The market proves it and big list in coinmarketcap can show how many potential projects became dead ones very fast.

I see no reason to delve into statistics, but the percentage of infrastructure projects is extremely small both in 2018 and in 2021. As for the solution of Obyte's problems, and further survival, I would like to propose to go through the checklist, (maybe I could help too, it would be great if it was a publicly available file). I am still inclined to think that all existing problems can be solved within a month or two. The conditions are now quite favorable, considering that no one has high expectations from Obyte, no one puts pressure on the team, and no one in the community creates a FUD.

[tarmo888]

2 years after every big bull market, shit altcoins are dead projects. The market proves it and big list in coinmarketcap can show how many potential projects became dead ones very fast.

I see no reason to delve into statistics, but the percentage of infrastructure projects is extremely small both in 2018 and in 2021. As for the solution of Obyte's problems, and further survival, I would like to propose to go through the checklist, (maybe I could help too, it would be great if it was a publicly available file). I am still inclined to think that all existing problems can be solved within a month or two. The conditions are now quite favorable, considering that no one has high expectations from Obyte, no one puts pressure on the team, and no one in the community creates a FUD.

What checklist?

Luckily, Obyte is not dead because it is still being developed further https://github.com/byteball Obyte has built every imagine tool that developers could need to build their dapps on top of it.
Obyte Bytes (GBYTE) are just extremely undervalued, which means that spendings from undistributed funds have to be more conservative https://stats.obyte.org/Top100Richest.php
Even as little as 10x the current price would probably make the markets more active and create more demand and FOMO for them.
Currently, there isn't even enough people to provide liquidity on sell side because nobody want to sell so low.
When there is less FUD then there is less hype too, so FUD will probably return once there is more hype.

It's quite absurd that project which is as capable as Ethereum, but doesn't have the problems that Ethereum has and has been running since 2016, has as low marketcap as 25 million USD. GBYTE price should be worth 50-150 times more.

[tarmo888]

~

Just realized recently that  April is coming  and  we have only  one month left to the end of  reward distribution for liquidity providers. Will this programme be extended for the next months? I think Obyte would benefit from its prolongation, preferably to the end of the year,  as community needs  pools created by "fat cats" who might invest into platform.

There is no end date yet, end of April is just another date when it will be re-evaluated, whether it should be continued or not. Just like it was decided in December to continue.