Obyte: Totally new consensus algorithm + private untraceable payments

[tonych]

A new article comparing the distribution of power in blockchains and DAGs

https://blog.obyte.org/distribution-of-power-in-dags-and-blockchains-7727ca1a2b6d

In blockchains, the power is concentrated in a few centers, while in DAGs it is more evenly distributed among users.

[caddywampus2001]

I looked into Obyte privacy and I believe it is seriously flawed. Though the idea behind Blackbytes is fantastic overall. Each time a user creates a transaction to move  blackbytes, the user has to pay a network fee in Obytes. This violated the coin's privacy, correct me if I'm wrong.

[tonych]

I looked into Obyte privacy and I believe it is seriously flawed. Though the idea behind Blackbytes is fantastic overall. Each time a user creates a transaction to move  blackbytes, the user has to pay a network fee in Obytes. This violated the coin's privacy, correct me if I'm wrong.

Indeed, the user has to pay network fees in Bytes (not in Obytes), and the address where the user had Bytes shows up on the ledger.  Of course, we'd like to leave as few traces as possible, however I don't think showing their fee-paying address is such a big deal because other privacy protections are still in place:
- the recipient of the payment is hidden
- the payment amount is hidden
- the fee-paying address is pseudonymous

[tonych]

A new article looking into ideological differences between DAGs and blockchains:

https://blog.obyte.org/dag-vs-blockchain-as-individualism-vs-collectivism-1235efb9be7

Due to the differences in the distribution of power in the two types of distributed ledger, DAG is pro-individualism while blockchain is pro-collectivism.

[tonych]

Lisk Foundation has donated 10% of their GBYTEs to Obyte Foundation and sold the rest OTC to several Obyte community members.

Now the concentration of capital in GBYTE has significantly decreased and the risk of a significant portion of the supply being sold on the open market has decreased too.

https://blog.obyte.org/gbytes-formerly-held-by-lisk-e6381c3642d4

[tonych]

An educational article about prediction markets, in particular Prophet

https://blog.obyte.org/what-are-prediction-markets-and-how-to-use-them-to-make-a-profit-2cf0f9c55216

[tonych]

Another educational article IoT and DLT:

https://blog.obyte.org/what-is-the-internet-of-things-iot-a-peek-into-the-future-e258f883e75b

[tonych]

We are launching OSWAP token - a token designed to incentivize liquidity in Oswap pools and reflect the success of Oswap protocol.  Initial sale is open until April 6, 2023, 04:34 UTC.

https://blog.obyte.org/oswap-token-d670357fdf0e

https://token.oswap.io

The token will be issued on a bonding curve and the price on the curve would automatically appreciate depending on the TVL of all Oswap pools.

Liquidity providers in Oswap pools would receive emissions of OSWAP tokens to reward them for providing liquidity.

Those who lock their OSWAP tokens in governance would also receive emissions depending on the locking period (similar to CRV).

Governance participants would decide which Oswap pools are to be rewarded and in what proportions (similar to CRV).

More details in the blog article linked above and in https://token.oswap.io/faq.

[tonych]

Obyte's Latest Comparison of Blockchain and DAG in Crypto Highlights that DAG is More Decentralized

https://www.benzinga.com/pressreleases/23/02/ab31040296/obytes-latest-comparison-of-blockchain-and-dag-in-crypto-highlights-that-dag-is-more-decentralize

[tonych]

We are launching OSWAP token - a token designed to incentivize liquidity in Oswap pools and reflect the success of Oswap protocol.  Initial sale is open until April 6, 2023, 04:34 UTC.

https://blog.obyte.org/oswap-token-d670357fdf0e

https://token.oswap.io
....

The initial sale has completed and the OSWAP token started trading.

14,457.88 GBYTE sent to buy OSWAP tokens
935.3 OSWAP tokens issued
238.9 GBYTE is the initial trading price of OSWAP token
15.46 GBYTE is the price per OSWAP token paid by the initial sale participants
223,443 GBYTE is the initial market cap of OSWAP tokens (all are locked for 4 years)

The initial sale participants can claim their OSWAP tokens from Governance / Stake & vote https://token.oswap.io/governance/shares/stake

Farming APYs at https://token.oswap.io/farming/all are currently over 10,000% in some pools.

[altcoinb]

Here is a overview of all Obyte articles from the past three months:

Defi Platform Oswap.Io Is Launching The OSWAP Token To Increase Rewards
https://news.marketersmedia.com/defi-platform-oswapio-is-launching-the-oswap-token-to-increase-rewards/89090934

Sending crypto without an address: on paper, via email, chats, and more
https://blog.obyte.org/sending-crypto-without-an-address-on-paper-via-email-chats-and-more-b459299761f4

Educational Byte: How to use Autonomous Agents (AA) in Obyte?
https://blog.obyte.org/educational-byte-how-to-use-autonomous-agents-aa-in-obyte-8f4fcda41e84

Blackbytes (GBB): a decentralized and private form of cash
https://blog.obyte.org/blackbytes-gbb-a-decentralized-and-private-form-of-cash-634e23e6a1ff

Educational Byte: How to protect your private keys and personal data
https://blog.obyte.org/educational-byte-how-to-protect-your-private-keys-and-personal-data-be8f8ad5f470

Obyte chatbots: crypto payments and smart features
https://blog.obyte.org/obyte-chatbots-crypto-payments-and-smart-features-7bf5a358d105

Educational Byte: Obyte Wallet and its smart functions
https://blog.obyte.org/educational-byte-obyte-wallet-and-its-smart-functions-a62262e88b0

OSWAP Token: Incentivizing Liquidity Provision in Oswap Pools
https://hackernoon.com/oswap-token-incentivizing-liquidity-provision-in-oswap-pools

The Obyte Guide to Self-Sovereign Identity
https://hackernoon.com/the-obyte-guide-to-self-sovereign-identity

Crypto oracles on the Obyte network: all you need to know
https://blog.obyte.org/crypto-oracles-on-the-obyte-network-all-you-need-to-know-a7963346e1cb

A Key Recap: Cryptos and Obyte News in March 2023
https://blog.obyte.org/a-key-recap-cryptos-and-obyte-news-in-march-2023-4f62da41ebbe

Shaping Tomorrow: DLT Design & Future Economy Impact
https://fintechly.com/cryptocurrencies/shaping-tomorrow-dlt-design-future-economy-impact/

Educational Byte: DAG explorer and other Obyte stats
https://blog.obyte.org/educational-byte-dag-explorer-and-other-obyte-stats-5c70688a8bf6

OSWAP Token’s Successful Presale Brings 15x Gains to the Initial Investors and Opens New Investment Opportunities
https://apnews.com/press-release/ein-presswire-newsmatics/business-ein-presswire-newsmatics-dd4ba99258c6d3739f82cbfd14d7a01c

Open-source Development and Cascading Donations | HackerNoon
https://blog.obyte.org/open-source-development-and-cascading-donations-hackernoon-f153d87c6882

Miners and Validators vs Order Providers in Crypto — What They Can Do If They Collude | HackerNoon
https://hackernoon.com/miners-and-validators-vs-order-providers-in-crypto-what-they-can-do-if-they-collude

World Community Grid: +59.1 Billion Charity Points From Obyte
https://hackernoon.com/world-community-grid-591-billion-charity-points-from-obyte

Decentralization Ladder: From Fiat to Blockchains, and to DAGs
https://hackernoon.com/decentralization-ladder-from-fiat-to-blockchains-and-to-dags

Educational Byte: The Difference Between Cryptocurrencies, Tokens, and Securities
https://hackernoon.com/educational-byte-the-difference-between-cryptocurrencies-tokens-and-securities

How to Profit Off of Liquidity Mining Using Obyte
https://hackernoon.com/how-to-profit-off-of-liquidity-mining-using-obyte

How to Set Conditions for Your Crypto Payments on Obyte
https://hackernoon.com/how-to-set-conditions-for-your-crypto-payments-on-obyte

Crypto Governance and Obyte: Who Decides and What?
https://hackernoon.com/crypto-governance-and-obyte-who-decides-and-what

Educational Byte: How to Earn Some Free Cryptocurrency on Obyte
https://hackernoon.com/educational-byte-how-to-earn-some-free-cryptocurrency-on-obyte

Securing Crypto Funding for Your Project: A Comprehensive Guide
https://hackernoon.com/securing-crypto-funding-for-your-project-a-comprehensive-guide

[altcoinb]

Exploring Obyte Use Cases: Programmable Payments, Chatbots, and Beyond - Part I
https://hackernoon.com/exploring-obyte-use-cases-programmable-payments-chatbots-and-beyond-part-i

Exploring Obyte Use Cases (Part 2): Donations, Self-sovereign ID, and Investments
https://hackernoon.com/exploring-obyte-use-cases-part-2-donations-self-sovereign-id-and-investments

[tonych]

We are finally launching contracts with arbitration. They are smart contracts for arbitrary business transactions. They make all transactions safer by protecting the parties using decentralized escrow, plus an arbiter invoked in case of a dispute. This is especially important for international trade where the parties are currently the least protected when they don't know each other. That's a $32t market.

Full story: https://blog.obyte.org/making-p2p-great-again-episode-v-contracts-with-arbitration-78644de74382

Website: https://arbstore.org

And we are looking for more arbiters. Get in touch if you think you are qualified to resolve disputes in a particular field, or you know such people.

[tonych]

We have joined the Kava Rise program to give our users an opportunity to earn income on their GBYTE and other crypto holdings.

Two our dapps are enrolled into Kava Rise: Counterstake and the new LINE token. The Kava Rise program rewards for the TVL these dapps create on the Kava network, and we will distribute 90% of the rewards (after converting them to GBYTE) among users who actually create the TVL. The APY is around 7%, and LINE token earns double of that by contributing to the TVL twice.

LINE is a price-protected token that one can borrow on Kava for GBYTE collateral. Price protection means that if its price falls, one can repay the loan and get one's collateral back (less fees).

To take advantage of the program:
- bridge GBYTE from Obyte to Kava via Counterstake
- use GBYTE to borrow LINE at linetoken.org
- bridge the borrowed LINE tokens back to Obyte
- just keep them in your Obyte wallet and the rewards will be sent to your wallet address monthly

Track the rewards at https://kava.obyte.org/
LINE token: https://linetoken.org/
Full announcement: https://blog.obyte.org/kava-rise-to-benefit-obyte-users-through-the-new-price-protected-line-token-20e0dd390780

[Eddyc]

https://www.publish0x.com/crypto-bits/arbstore-balance-and-security-are-in-your-hands-xvzrzee

Balance is the Solution everyone is Looking for...

[Buchi-88]

If everyone hasn't heard, Bittrex will be closing its doors and all trading activities will be disabled on 4 December.

Here is the official Twitter (X) message.

It is with great regret that we inform you that Bittrex Global has decided to wind down its operations.

Effective Monday 4 December 2023, all trading activity on Bittrex Global will be disabled. After that date, customers will only be able to withdraw assets as part of the winding down process.

All our customers are strongly encouraged to log into their account and withdraw assets as soon as possible.

All funds and tokens remain safe and secure on the Bittrex Global platform, and are available for withdrawal – in accordance with applicable law and our Terms of Service – at any time.

Please see our full statement here. https://bit.ly/3MxBlkB

https://twitter.com/BittrexGlobal/status/1726652430673121310

Therefore, Obyte should look for a new exchange and all those who still have Obytes on Bittrex should withdraw them as soon as possible.

[tonych]

Meet Pythagorean perpetual futures, the first perpetual futures issued on bonding curves and tradable as regular tokens. The tokens can track the price of any currency, stock, commodity, etc and be easily used for payment and in other DeFi apps.

https://blog.obyte.org/pythagorean-perpetual-futures-007d0634a1e6

https://pyth.ooo

[tonych]

We've revamped our front page at https://obyte.org/.

It shows Obyte as part of a bigger change with its ideological roots in cypherpunk and crypto-anarchist movements. The page makes it clear that DAG is the next step towards decentralization after blockchain, and it is the technology that makes Obyte censorship-proof and free of any domination.



https://apnews.com/press-release/ein-presswire-newsmatics/hacking-b6d60c206219111a50877371bd62ec3e


See the new front page at https://obyte.org.

[jwinterm]

You guys are a scam. If simplicity is beauty then your distribution of coins is the ugliest most complex fucked up thing ever lol, and you can't build a solid foundation on a pile of shit.

[tonych]

You guys are a scam. If simplicity is beauty then your distribution of coins is the ugliest most complex fucked up thing ever lol, and you can't build a solid foundation on a pile of shit.

We made a lot of mistakes in the distribution indeed, and were often late to correct them. However, for me, distribution never was a big part of what Obyte is. It is a network first and foremost.