Hey r/Cryptocurrency community, I’m Tony, the founder of Obyte. Happy to introduce you to Obyte, if you’ve never heard about it, or heard too long ago.
Obyte is a DAG based cryptocurrency platform. What makes it different from other platforms is that power is decentralized here. Due to being based on DAG (Directed acyclic graph), every user in Obyte has the power to add their transactions directly to the ledger, with no middlemen involved. This is different from blockchains, where block producers are the power centers and middlemen that have the power to accept or not accept transactions into their blocks (to censor them).
Obyte stays true to the original cypherpunk and crypto-anarchist values of individual autonomy, independence from big power centers, and privacy. For me, that was what drew me to crypto when I first got involved in 2014. Unfortunately, now it seems to have lost its way and shifted to getting-rich-quick, institutional money, ETFs, and hyper-financialization.
We want to get crypto back to its cypherpunk roots.
To rebuild the community centered around these values we recently launched a cypherpunk-themed Obyte City, where community members establish closer connections with one another when they become neighbors in the City (along with earning some rewards). The idea is that stronger horizontal connections — independent of the team — make a stronger community. Feel free to explore: https://city.obyte.org.
Links:
- Website: https://obyte.org
- Blog: https://blog.obyte.org
- Discord: https://discord.obyte.org
- Telegram: https://t.me/obyteorg
- Twitter: https://x.com/ObyteOrg
- Obyte City: https://city.obyte.org
Key milestones (see a more detailed timeline at https://obyte.org):
- 25 December 2016: Obyte launched (as Byteball)
- 2016-2017: free distribution of GBYTEs and Blackbytes to Bitcoin holders
- 2020: more than 50% of order providers are now independent
- 2024: major update to introduce spam protection and community governance
- 2025: first OP chosen through community governance
Notable apps and features on Obyte:
- Counterstake: a fully decentralized cross-chain bridge https://counterstake.org
- Oswap: AMM DEX on Obyte https://oswap.io
- Prophet: prediction markets https://prophet.ooo
- Kivach: cascading donations to open-source projects on github: https://kivach.org
- Arbstore: decentralized escrow protected by an arbiter https://arbstore.org
- Textcoins: send crypto over email, whatsapp, telegram, etc https://obyte.org/platform/textcoins
- Obyte City: community engagement space https://city.obyte.org
For broader context, check out:
Amir Taaki on the essence of what Bitcoin is, which we have apparently lost
- https://open.spotify.com/episode/0ZMYiNdPTcNu6xlYatBjLA
- https://podcasts.apple.com/us/podcast/l233-b-going-dark-with-bitcoin-western-society/id1459795209?i=1000661072908
Sebastian Bürgel (of Gnosis): “Is the hyperfinancialization of crypto anti-cypherpunk?”
- https://open.spotify.com/episode/1fj9CRg3w08L65gYFVNmcz
- https://podcasts.apple.com/us/podcast/is-the-hyperfinancialization-of-crypto-anti/id1659393166?i=1000683172709
Our “Cypherpunks write code” series on HackerNoon https://hackernoon.com/search?query=cypherpunks+obyte
Ask your questions!
