Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 5. (Read 1233970 times)

Thanks for that link. I've read it now.
I'm not really a techno wizz if I'm honest. So even after reading those advantages listed in that article from 2019 I would still love to hear from any person capable of analysing these designs and usecases.


So just a couple of quick questions and a suggestion for you guys.

Why not create a comparison chart comparing 0byte with popular smart contract platforms.

Solana, avax, eth, polygon etc.

Then the less techno able investors will see if this is a credible rival.

I see that syscoin is saying their smart contracts will be more " powerful " than that's eth's.
What does more powerful mean? Are there levels of smart contracts?

Can the same sort of apps that run on eth or avax or sol run on 0byte?
I mean I know they are written in a different language not solidity.

Why is this project such low market cap?

Also the name 0byte? Why would anyone rebrand from byteball to 0byte?
This is not a catchy name at all.

Any plans to call it something better?

Hello i use the Win64 Wallet at Windows 10, the problem i have since a week.

Are you using Windows, Mac OS or Linux?

Unlike Ethereum smart contracts, Obyte smart contracts are available to both developers and users. In addition, each transaction in the ETH smart contract costs gas ... "if a developer added a function that needs to go through the growing list of user addresses, the cost of executing that function will also go up as the list gets longer, and ETH throughput is limited with block size, so when there are more users, the fees go up too". This is just a small part of what to chat about, so if you visit this page and spend a few minutes you will find out more, including Features built-into Obyte, Cost predictability and differences in programming languages.

Is this smart contract capable like ethereum


How does it compare to
Avax, solana, dot, syscoin etc?
Where are the chat protocols discord and telegram, the ones that I tried were dead.

Whenever I want to open my wallet the following error message appears, is there already a solution for this?



I use Wallet 3.3.2 and a new installation are no success.

I will answer with clippings of text ... "Autonomous Agents are programs that run on the DAG and AAs are written in Oscript, (Oscript avoids some unsafe programming patterns common). AAs are most useful for creating decentralized finance (DeFi) apps where complete certainty about their performance is of utmost importance (tradable shares in prediction markets, futures contracts, algorithmic stable coins, synthetic assets, other derivatives, collateralized lending, margin trading)." As a matter of fact, here is the source ... so by clicking on the link you can more clearly familiarize yourself with the details.

What are Autonomous Agents? 🤖
https://www.youtube.com/watch?v=SKCK9RWhBZ4

Thank you, problem solved! ^{[I completely forgot about this feature]}. On account of the second point, you are also right, but this is not so important ... the essence of the proposal was to create a separate thread, since the mentioned message will easily get lost in the pages of the thread, ^{[Marketplace (Altcoins) also visited section]}.

Do you have the Altcoins board on Ignore?

The Services board is only for services related to or paying in Bitcoin.

I don't understand what's the matter ... I wanted to quote the last post in this thread, but my attempts were unsuccessful, the same applies to any other message in this thread.



Wudackprod, if you have launched a content campaign with Obyte, then for more coverage you should probably create a thread in this section.

What is self sovereign identity?
https://www.youtube.com/watch?v=dJDsH6q5vIg

Great videos! Hope they help some new people discover Obyte.

Obyte explained in 3 minutes!
https://www.youtube.com/watch?v=lNamlJdRweE

How Obyte solves the issues facing Blockchain and DeFi
https://www.youtube.com/watch?v=HvNx0tfaLiQ

To bootstrap liquidity in imported tokens, the following pairs have been added to liquidity mining with 300% weights:
    GBYTE-USDC
    GBYTE-WBTC
    GBYTE-ETH
    OUSDV2-USDC
    OBITV2-WBTC
    OETHV2-ETH

The liquidity mining rewards are very high at the moment: over 6% weekly.

https://liquidity.obyte.org/

You can see who ise currently Order Providers there https://stats.obyte.org/witnesses.php and when you click on the addresses, you can see when they recently posted. If you don't have a GUI wallet installed, you can see which Order Providers the main hub is recommending from there https://obyte.io/witnesses

What do you mean by "maneuvered itself from a real hope a bit into the sidelines"? Just post above, there is announcement of bridges with Ethereum and Binance Smart Chain.
Obyte has given all the tools for it to be used in as many as projects as possible, if anybody has manuvered it to sidelines, it's the hodlers of its tokens.

I would be interested to know if it is known that Bosch is still a witness of Obyte and if Bosch is still holding on to Obyte?
Obyte seems to really maneuvered itself from a real hope a bit into the sidelines. I really hope that the project still get the courses, because technologically Obyte is one of the top projects in the distributed ledger space.

We have launched Counterstake - a truly decentralized cross-chain bridge that connects Obyte, Ethereum, and Binance Smart Chain.

Now you can transfer ETH, USDC, and many other tokens to Obyte and trade them on Obyte against GBYTE and stablecoins (with very low fees). Transfer GBYTE and stablecoins to Ethereum and trade them there.

Using the bridge, we hope to improve liquidity of GBYTE and bonded stablecoins and have much more opportunities for traders. In particular, it is an easy and frictionless way to enter and exit the ecosystem, an alternative to centralized exchanges.

The bridge is absolutely decentralized, unlike many other popular bridges. It is also one of the most universal: supports many tokens and can be easily extended to support many more chains.




The liquidity mining program will reward for providing liquidity in tokens imported from Ethereum. The following trading pairs will have 300% weights:

    GBYTE-USDC
    GBYTE-WBTC
    GBYTE-ETH
    OUSDV2-USDC
    OBITV2-WBTC
    OETHV2-ETH


Learn more and experience the new bridge:

The website: https://counterstake.org/

Blog post: https://blog.obyte.org/counterstake-a-truly-decentralized-cross-chain-bridge-2d4a575b3f4a

Please do explain the "more open approach" when responding to FUD and misinformation. If the long time community member still doesn't understand how Obyte consensus works and what makes it unique then the "valued member" part isn't really true, isn't it? What value is there from members who still spread misinformation?

Just that some people are active, doesn't mean they have slightest idea what they are suggesting. You start taking advice from randos who don't get it and you end up with turd like BSV.

Example, go read some earliest posts in this thread and there were many who thought and still think today that 12 Order Providers is not enough and there should be 100 randomized and they should be all anonymous. What are they missing? First, Order Providers don't have the same powers (they don't decide whose transactions gets into the DAG) as block producers (they decide whose transactions gets to next block), so there is no need to randomize them. Second, anonymous nodes are potential Sybil attack (sabotage). Third, you change one detail and suddenly, rest of the consensus doesn't make any sense anymore and you need to change everything.

It's just so damn easy to see a small number somewhere and yell "centralized!" without actually digging into what privileges or lack of privileges are in the hands of few.

And sometimes, there are just people, who doesn't understand what is considered digital signature in EU or how eesti.ee emails are issued or what certain terms in DeFi mean, so they just want to fight because they think their previously acquired blockchain knowledge can be applied to everything.

I am not sure what more open times you reminisce, the great times are when weak hands don't dump. Obyte is as open as any open-source, you can contribute with Pull Request or Fork the code and launch your own. Some scammers have done it and lot of people who don't know how to maintain it have done it too. Some even have tried to launch a shitter fork of it by re-introducing PoW gatekeepers to network that doesn't need PoW.

Thanks for your time and reply. I can't say I am fully convinced, but you have your point, and I am far from being a judge here, as I am no expert in the topic anyway. Thanks again for taking the time to explain.
I see you spend a lot of time fighting with some of the community members, and see some valued members left due to those arguments over the course of development of the project. You may be right, they might be wrong, but in any case listening to the active community and keeping them active is crucially important for any public project like this. I would suggest using them, asking them for help, but not fighting them. More open approach could make this project great again, as it was once... Just my opinion though.