Obyte: Totally new consensus algorithm + private untraceable payments

[altcoinb]

New Video:
What is Ostable?
https://www.youtube.com/watch?v=FaYYnkGMr20

[julian071]

What I would like to see from this project, is that Obyte helps to facilitate the switch to more localized energy production and consumption. All kinds of installations will have to communicate (IOT) with each other, negotiate energy prices and sell (surplus) energy to each other, based on all kinds of parameters like the price of energy in that hour or minute, that demand and the supply.

[estenity]

What I would like to see from this project, is that Obyte helps to facilitate the switch to more localized energy production and consumption. All kinds of installations will have to communicate (IOT) with each other, negotiate energy prices and sell (surplus) energy to each other, based on all kinds of parameters like the price of energy in that hour or minute, that demand and the supply.

solar energy ?

[tonych]

We are launching Kivach -- a cascading donations dapp on Obyte.

It helps open-source projects to get funded and share their donations with other open-source projects that made them possible.



Many modern open-source projects heavily depend on other open-source projects, such as libraries, frameworks, developer tools, infrastructure software, which in turn depend on other open-source projects, and so on.  Kivach is best suited to open-source development as it allows the developers to automatically cascade a share of the received donations down to other projects they want to support.

Donations can be made both in Obyte tokens (such as GBYTE, stablecoins, etc) and many other popular tokens on Ethereum and other networks (ETH, USDC, WBTC, BNB, etc).  In the latter case, the tokens are automatically sent to Obyte through Counterstake Bridge using Countersake SDK.  Bridging happens behind the scenes, the donor doesn't have to bother about it.

Donors can participate in governance if the developer chooses to DAOify their repo.

Here is how we set up the distribution rules for Obyte wallet repo:



Blog post: https://blog.obyte.org/kivach-cascading-donations-for-github-repositories-2b175bdbff77

Website: https://kivach.org

[chum_yum]

We are launching Kivach -- a cascading donations dapp on Obyte.

It helps open-source projects to get funded and share their donations with other open-source projects that made them possible.



Many modern open-source projects heavily depend on other open-source projects, such as libraries, frameworks, developer tools, infrastructure software, which in turn depend on other open-source projects, and so on.  Kivach is best suited to open-source development as it allows the developers to automatically cascade a share of the received donations down to other projects they want to support.

Donations can be made both in Obyte tokens (such as GBYTE, stablecoins, etc) and many other popular tokens on Ethereum and other networks (ETH, USDC, WBTC, BNB, etc).  In the latter case, the tokens are automatically sent to Obyte through Counterstake Bridge using Countersake SDK.  Bridging happens behind the scenes, the donor doesn't have to bother about it.

Donors can participate in governance if the developer chooses to DAOify their repo.

Here is how we set up the distribution rules for Obyte wallet repo:



Blog post: https://blog.obyte.org/kivach-cascading-donations-for-github-repositories-2b175bdbff77

Website: https://kivach.org

Looks nice,
Would you use it yourself as developers if your project depends on some other Open Source software?

[kaicrypzen]

Would you use it yourself as developers if your project depends on some other Open Source software?

I believe the answer is in the post you just quoted. There you have how it is used for Obyte wallet repo, which you can also see here https://kivach.org/repo/byteball/obyte-gui-wallet.

On https://kivach.org you can also see how it's used for other Obyte repos. Here's what I found:
- https://kivach.org/repo/byteball/ocore
- https://kivach.org/repo/byteball/obyte-cascading-donations
- https://kivach.org/repo/byteball/cascading-donations-ui

There are other Obyte repos, check https://github.com/byteball. Probably a mattter of time before many of them are cascading donations.

[tonych]

Oswap v2 is launched!

* stable pairs
* leveraged trading without liquidations
* more income for liquidity providers
* and more!

Oswap v2 is so far the most advanced DEX in DeFi, and it runs on Obyte.

https://v2.oswap.io

Liquidity mining rewards will be redirected to v2 pools after making sure that everything runs smoothly. As usual, this is new stuff, use with caution.

[Richard Branson]

Good to see there is still some development going on.
Sadly I lost back then all my BlackBytes after migrating to a new client. Good old times 😂

[tonych]

Version 3.4.1 of the wallet is released, it fixes a security vulnerability that allows remote code execution through specially crafted chat messages. Upgrading is strongly recommended for all users, especially those who have untrusted contacts or bots in the wallet chat. We'll block the old versions from the default hub soon after the release.

Another update in this release extends the obyte: URI protocol to allow multi-asset payments. This will improve the integration of dapps with the wallet and make it easier/faster to send multi-asset payments without having to open a chat with the dapp. Adding liquidity in Oswap will become easier once the feature is integrated in oswap.

The iOS version will become available in the App Store after it is approved by Apple.

https://github.com/byteball/obyte-gui-wallet/releases

[tonych]

Governance website for Oswap v2 is now ready

https://governance.oswap.io

Almost everything about oswap pools can be changed by governance vote. I expect that the trading range parameters for stable pairs will be most frequently updated.

There is also a discord bot that watches all governance votes and sends notifications to #defi-governance channel on discord.

[someone111]

Not as much activity in this forum as a few years ago. I still keep checking.

Your updates here are acknowledged and appreciated very very much!

I am still holding and following since the initial airdrop.

[Le Nin]

I'm trying to understand the liquidity mining process before putting up any money. Can someone explain to me how the stablecoins are involved?

I see a list of viable pairs for liquidity mining on Oswap.io, and I see a list of available stablecoins on Ostable.org, but no overlap between these lists.

To my uninformed perspective, it would seem that to provide liquidity on Oswap, I need to turn up with GBYTE and to take one other example, USDC.

The guides I've seen all indicate minting stablecoins specifically from Ostable is key to the process though so would love for someone to just breakdown the relations.

Thank you.

[tarmo888]

I'm trying to understand the liquidity mining process before putting up any money. Can someone explain to me how the stablecoins are involved?

I see a list of viable pairs for liquidity mining on Oswap.io, and I see a list of available stablecoins on Ostable.org, but no overlap between these lists.

To my uninformed perspective, it would seem that to provide liquidity on Oswap, I need to turn up with GBYTE and to take one other example, USDC.

The guides I've seen all indicate minting stablecoins specifically from Ostable is key to the process though so would love for someone to just breakdown the relations.

Thank you.

Eligible pools (weight):
GBYTE-USDC (100%)
GBYTE-WBTC (100%)
GBYTE-ETH (100%)
OUSD-USDC (100%)
OBIT-WBTC (100%)
OETH-ETH (100%)
https://liquidity.obyte.org/

Obyte native coin - GBYTE
Counterstake.org: USDC, WBTC, ETH - bridged from Ethereum
Ostable.org: OUSD, OBIT, OETH - stablecoins backed with GBYTE

[drays]

I wonder how to actually remove liquidity from the pool, i.e. get my money back from there?
I was able to put some funds on GBYTE-USDC and USDC-OUSD markets quite a few months back. Noticed lately that payments from the pool have stopped 2 months ago. So wanted to remove the liquidity. Is there any write-up on the procedure?

[tonych]

I wonder how to actually remove liquidity from the pool, i.e. get my money back from there?
I was able to put some funds on GBYTE-USDC and USDC-OUSD markets quite a few months back. Noticed lately that payments from the pool have stopped 2 months ago. So wanted to remove the liquidity. Is there any write-up on the procedure?

Most likely your money is in the pools that are no longer rewarded. Use the address lookup in the upper right of https://liquidity.obyte.org and withdraw.

[matt4054]

Good to see there is still some development going on.
Sadly I lost back then all my BlackBytes after migrating to a new client. Good old times 😂

I was having nostalgia too from the Byteball days.
Yes indeed, it is good to see the development of the project is still going on. Keep up the good work!

[drays]

I wonder how to actually remove liquidity from the pool, i.e. get my money back from there?
I was able to put some funds on GBYTE-USDC and USDC-OUSD markets quite a few months back. Noticed lately that payments from the pool have stopped 2 months ago. So wanted to remove the liquidity. Is there any write-up on the procedure?

Most likely your money is in the pools that are no longer rewarded. Use the address lookup in the upper right of https://liquidity.obyte.org and withdraw.

Thanks for your reply! Actually I did withdraw, and got OPT-USDC-OUSD and OPT-GBYTE-USDC tokens back in my wallet. What to do next to get GBYTE for them? I tried using https://oswap.io/#/pools to remove liquidity from pools, but no luck, I just get some error messages... I noticed they seem to use a different token "O2-xxx" instead of "OPT-xxx", so there should be a different webpage to remove liquidity form older pools?

UPDATE: nevermind, after some guesswork, I found https://v1.oswap.io/#/pools . It seems to work well.

[tonych]

UPDATE: nevermind, after some guesswork, I found https://v1.oswap.io/#/pools . It seems to work well.

Yes, it was moved to v1 subdomain. It was announced on discord and twitter, sorry we didn't copy this info here.

[zazarb]

Nice to see that that something is still going on, (I am a holder from ancient times   )
will probably need to try to play with  "liquidity "...

[Buchi-88]

Bittrex have update your APIs so i think that's the reason why the site https://trade.obyte.org/ has no function any more? I think Obyte must update the API on there side, here are the notification from Bittrex.

https://bittrexglobal.zendesk.com/hc/en-us/articles/5265676037277-V1-1-API-Deprecation-June-2-2022