Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 15/12/2019, 15:07:26 UTC
Presently the team is working really hard and continues developing no matter what price is and no matter what others say. And the results are impressive.
Congrats with the new witness candidate! I see the big opportunity with this relationship.
what results?
Try to keep up, just scroll up to see the latest news or go to following addresses what has been done recently:
https://medium.com/obyte
https://twitter.com/ObyteOrg

Quote
I wonder if the project will not die off after no more GB are left to sell.
it will, what are you going to pay people when bytes are over?
At current rate, do you realized that it would take 4-6 years to distribute all the Bytes? The same way how the price could still cut in half, the price could double too. Even more, staff can be let go during the times of the most shittiest price. That's not going to kill the Obyte network, eventually Obyte should work just from maintaining it, but currently Obyte has chosen to improve even further by implementing Autonomous Agents.
Also, at current rate of replacing witness once in 6 months, getting 6 witnesses replaced (huge milestone) is only 2 years from now, but since there was fix to a bug, which caused the light wallets to lookup suitable parents from way far past, the speed of replacing witnesses should improve from now on.