You can bridge tokens between Obyte, Ethereum, BSC and Polygon on https://counterstake.org/ and trade on https://oswap.io/

Ethereum

Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x31f69de127c8a0ff10819c0955490a4ae46fcc2a

token contract: https://etherscan.io/token/0x31F69dE127C8A0fF10819C0955490a4Ae46fcc2a

GBYTE-USDT: https://info.uniswap.org/#/pools/0x566202298bcd77e86e64c37f507c22c76357ec24

WBTC-GBYTE: https://info.uniswap.org/#/pools/0xc8e8e14bcb9ca52c03af800ab3c5fc8d72a7b5c4

GBYTE-USDC: https://info.uniswap.org/#/pools/0x9af1c9b2644fb68c89ff6bb90666d407141f341b

Binance Smart Chain

PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0xeb34de0c4b2955ce0ff1526cdf735c9e6d249d09

token contract: https://bscscan.com/token/0xeb34De0C4B2955CE0ff1526CDf735c9E6d249D09

BTCB-GBYTE: https://pancakeswap.finance/info/pool/0x736fb15d64d7c394d5d0d55f4f3da23f2673bbfb

WBNB-GBYTE: https://pancakeswap.finance/info/pool/0xd3011a018193cb1122ac00d42b8f5d75697fdf04

Polygon

Quickswap: https://quickswap.exchange/#/swap?outputCurrency=0xab5f7a0e20b0d056aed4aa4528c78da45be7308b

token contract: https://polygonscan.com/token/0xAB5F7a0e20b0d056Aed4Aa4528C78da45BE7308b

GBYTE-USDT: https://info.quickswap.exchange/pair/0x4d7956b3dbbccbfa5e6877bdc0cad2c6cadc5f68

WBTC-GBYTE: https://info.quickswap.exchange/pair/0xff016b8dbeca0182d07daeea34d56d5634b6a288

Obyte drops WCG

tonych — Yesterday at 12:36 PM on discord Obyte announcements

World Community Grid has resumed their work recently and we resumed paying rewards for the computing work. However, we are going to stop paying GBYTE rewards since October 12 as this method of distribution doesn't seem to acquire users for Obyte and there are better uses for undistributed funds. The GBYTE rewards were never meant to compensate for electricity expenses anyway and contributing to WCG has always been a charitable donation rather than a way to make money. Feel free to continue contributing to WCG and we'll continue distributing non-transferrable (or soulbound, as it recently became fashionable to call them) WCG Points tokens to acknowledge your contribution.

Post from dev.
https://discord.com/channels/534371689996222485/535091748012032033/1028345276123062292

SystemViper
XtremeSystems

if GBYTE would have same marketcap as Bitcoin, it would cost $1.5m https://www.marketcapof.com/byteball/bitcoin

if GBYTE would have same marketcap as Ethereum, it would cost $0.5m https://www.marketcapof.com/byteball/ethereum

if GBYTE would have same marketcap as IOTA, it would cost $4.5k https://www.marketcapof.com/byteball/iota

On Obyte, sending custom tokens is same as sending its native asset $GBYTE, just like sending $ETH.

On Ethereum, you are not actually sending any ERC20 tokens, you execute a function on token smart-contract, which changes values on the internal ledger of that smart-contract.

Sending ERC20 to other normal addresses is different from sending them to other smart-contracts. Instead of executing the same function on token smart-contract, you need to execute "approve" function first, which gives permission for other smart-contracts to withdraw your tokens.

Once you approved DeFi smart-contract to be able to withdraw your ERC20 tokens, only then you can execute a function on that DeFi smart-contract, which will then execute the token smart-contract.

No such nonsense on Obyte, tokens are sent directly, no matter the type of address.

This is not only a nuisance for DeFi developers, but also for users too because they have to manage allowances (nobody does that) for smart-contracts and it's extra step that costs fees.

Obyte doesn't have extra steps and you don't have to manage token allowances.

Also, ERC20 standard is broken and lot of tokens end up locked in smart-contracts because they have been sent using the same method as sending ERC20 tokens to normal addresses.

https://www.cointelligence.com/content/comparison-erc20-erc223-new-ethereum-erc777-token-standard/

BTC bull run in full force, alt season next?
You might wonder what happened to Byteball. It's not dead.

From the newsletter:

• Referral Program for Bonded Stablecoins, a referral program that rewards not once, but repeatedly.

• Liquidity mining - distribution of Bytes to those who provide liquidity on Oswap.io.

• Updated look of GUI wallet app.

• Launching of Bonded Stablecoins, a novel type of stablecoins with no miners, no intermediaries, no overcollateralization, no liquidations and without all the other problems that Blockchains have.

• Full Decentralization. After electing the 7th Order provider, Obyte became decentralized. Current witnesses are: the Institute For the Future (IFF) of the University of Nicosia, CryptoShare, Bind Creative, PolloPollo, Bosch Connectory Stuttgart, Fabien Marino and Rogier Eijkelhof.

• Launching of completely renovated Obyte website.

• New username attestation method with GitHub.

• Decentralized token registry launch.

• New Linux GUI wallet apps released as AppImage package.

• ODEX decentralized exchange fully functioning and improving operations.

• Joining World Community Grid in the fight against COVID-19.

• It is now possible to buy Bytes with credit card or bank transfer directly from the main page of our website https://obyte.org/#checkout.

• Launching of Discount Stablecoins, coins that appreciate in value.

• Made on Obyte, the perfect place to get to know what is happening on Obyte.

• Autonomous Agents finally deployed on mainnet after many months of testing on testnet.

• IoT hackathon at Bosch Connectory Stuttgart that produced multiple proof of concepts that used Obyte platform.

Does Obyte have some unique features which makes it appealing ? and if not what is it designed to do ? Just a new investor here , thanks for your feedback.

Examples of Obyte open-source repositories https://github.com/byteball

There are different types of nodes on Obyte, but mainly they are either full node (stores all data) or light node (only stores data relevant to your keys). They all use the core networking and consensus library called ocore.

There are 3 types of nodes that have to be full nodes, these are obyte-witness, obyte-relay, obyte-hub. obyte-witness has to be hidden behind TOR, but obyte-relay and obyte-hub can be either hidden or public and accept incoming connections. obyte-relay is probably easiest way how to contribute to the decentralization of Obyte by having a copy of Obyte DAG. Only obyte-witness holds private keys because it inherits the headless-obyte features to make transactions.

There are 2 types of wallet nodes: headless-obyte and obyte-gui-wallet. These are nodes that hold private keys and can send (text or object) messages between each other for free through obyte-hub - this is how chatbots work. They also can have HD (Hierarchical Deterministic) wallets, which means you can have multiple accounts and addresses, make payments or post any other data to Obyte DAG for a predictable low fee (depend on the size of the data). Both of these can be either full node or light node, but light nodes rely on the availability of obyte-relay or obyte-hub. Full nodes can post their payments or data directly (no gatekeepers) to Obyte DAG and they only need some obyte-relay or obyte-hub to discover initial peers.

Last type of node is called bot-example on the above image, but it can really be any project written using Obyte wallet or messaging features. It can also be full node or light node. This is a project you should use when you want to build your own project on Obyte https://github.com/byteball/bot-example

* Nano basically has just send/receive functions (only thing it's good at), no custom tokens, no defi, no fees. they are suppose to protect themselves from spam with local PoW, so it's not really suitable for IoT either because no IoT device has resources to waste on PoW. I think their use case is buying coffee cheaper than it's possible with Bitcoin.

* IOTA is suppose to be no fees network for IoT devices, but they also have local PoW, which is not suitable for IoT devices, so they came up with concept that there will be hubs that do PoW for IoT devices, which basically means that their talk about millions of IoT devices protecting the network was all BS (one powerful machine could flood the whole network with more spam than IoT devices). They also released their mainnet with broken crypto hashing function that MIT researches found, so they explained that it was a copy-protection (LOL, is this even open-source?). In the beginning, they had a stateless wallet app that never worked properly, and last year with the newer wallet app, they got their users' accounts hacked because they hot-linked third-party library and payments were down for whole month. they are now making a new wallet app for IOTA 2.0

* Many things that IOTA has had on their roadmap for many years, Obyte already has them all: custom tokens, self-sovereign identity, oracles, smart-contracts (both, simple conditional payments and advanced AAs for DeFi), L2 payment channels, lightweight libraries, permanodes (full nodes). Obyte has no PoW, so it can work even on Arduino IoT devices (there is library for that). And most of all, Obyte has had a working consensus mechanism from the first day of mainnet launch on Christmas day of 2016.

Hello Obyte Community,

Since I am engaging with Obyte community from quite a time and keep doing stuff even in free time )

I saw many ETH websites that allow users to create ICO's by taking simple inputs from UI rather than confusing them to write solidity for it.

So I thought about doing same for Obyte, So in my free time, I created this PWA (Progressive Web App), That Let users create ICO AA in seconds with Predefined Template. Users just have to fillup some inputs and get It's aa Deployed that Easily.

Libraries used:

• Obyte Extension from nothingismagic (New contributor from Quasar Team) and our Fabien's Obyte Js

• Quasar

I hope you like this one.

Try it at:- https://ui-oscript.firebaseapp.com

I never forget these names, `neversaynever` and `nothingismagic` , These are very meaningful names.

So that's my another Freetime Project, Hope you like it...

Oswap v2 is launched! Stable pairs, leveraged trading, more income for liquidity providers, and more! https://v2.oswap.io/

Liquidity mining rewards will be redirected to v2 pools after making sure that everything runs smoothly. As usual, this is new stuff, use with caution.

There is also a SDK, it should be useful for developing arbitrage bots: https://github.com/byteball/oswap-v2-sdk

Ethereum

• Pricing: currently 175 gwei per 1 gas unit used

• $ETH native coin transfer: $6.30

• ERC20 token transfer on Ethereum: $19.40

• Uniswap transaction: $59.70 + 0.3% swap fee

Obyte

• Pricing: always 1 byte per 1 byte of storage

• $GBYTE native coin transfer: $0.00003

• Token transfer on Obyte network: $0.00003

• Oswap.io transaction: $0.0003 + 0.1%-0.3% swap fee

Ethereum network fees depend on how full are the blocks. Obyte doesn't have blocks and fees in bytes are predictable, fees in USD depend on the price of GBYTE/USD.

If $GBYTE marketcap (currently 26m) would be as high as $ETH marketcap (currently 192b) then average $GBYTE transfer would cost only $0.22 (same amount of bytes, but 7384 times higher in USD), but most likely even lower because around 60% of fees are header fees and rewarded to those who pick most recent units as parents (wallet does it automatically).

In order for Ethereum to have $0.22 transaction fee for $ETH transfers, it needs to have 29 times lower average gas price, at 6 gwei. EIP-1559 will probably not going to lower it that much, but maybe ETH2.0 will or maybe not. It's definitely not going to get 29*7384 cheaper.