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!