Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
Freefactomizer
on 19/07/2019, 05:33:00 UTC
A major update is coming to livenet in 2-4 months, today it was launched on testnet.

The update introduces Autonomous Agents and vastly increases the design space available to developers.

Here are some ideas of apps that can be created based on Autonomous Agents:

*    tradable shares in prediction markets;
*    futures contracts;
*    algorithmic stable coins;
*    synthetic assets;
*    other derivatives;
*    collateralized lending;
*    margin trading;
*    decentralized exchange;
*    decentralized oracles;
*    payment channels;
*    game economies;
*    market makers;
*    automatic management of investment portfolios;

Read the full story https://medium.com/obyte/introducing-autonomous-agents-6fe12fb12aa3



To encourage development of new apps and to extensively test the new functionality while it is still on testnet, we are simultaneously launching a developer contest

https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2

Every two weeks we'll have up to 4 winners:

Best apps:
    Winner: 140 GB + 422 GBB
    2nd place: 70 GB + 147.7 GBB
    3rd place: 35 GB + 73.85 GBB

Best tutorial/guide: 55 GB + 116.05 GBB

The prize pool comprises of undistributed funds that would otherwise have been spent in the weekly Draw Airdrop, making the draw a bi-weekly event.

Instead of distributing funds at random to existing Obyte users, money is instead spent on incentivizing creation of useful applications on the platform.

With this move, we are course-correcting our distribution policy and do not plan to launch any major distribution campaigns targeted at acquiring new users before a sufficient number of popular apps is built.

https://medium.com/obyte/distribution-outlook-bb28ff0b91aa


A preview of apps that can be created with AA: https://github.com/byteball/oscript-editor/tree/dc4084cf8a23d1a8bc6b39d8c3e5bc50976ffd75/src/templates/lib
The possibilities are huge for such a pretty simple script language!