Returning DHF Funds and Announcing ODESI

in #koinos4 years ago (edited)

returning funds and ODESI.jpg

Hello Hivers, I’m Andrarchy, the CEO of OpenOrchardTM. A few months back I began collaborating with @bflanagin on a project he named OpenSeed. We agreed that OpenSeed should be a platform for Steem app developers that offers turnkey, cross platform features like a shared user database and encrypted messaging to Steem applications.

We created a Steem proposal, in which we promised to return all funds received back to the community, and were delighted to receive the Steem community’s support. We were also lucky to have @midlet get involved in the project and contribute value in the form of community leadership and creative input for which we rewarded him with 1000 SBD.

A lot has changed since then, including the Hive fork and the formation of a new company named OpenOrchard. Due to the size and scope of these changes, I’ve come to the conclusion that we should return all of the funds we have received from the DHF, back to the DHF.

Adding Value to Hivers

I still think that OpenOrchard is going to deliver massive value to the Hive community of end-users and developers, but the addition of four amazing blockchain developers to our effort has fundamentally changed things in ways that still have not been fully worked out.

Changing Goals

One thing that has become clear is that we need to redesign OpenSeed. The original plan was to deliver a shared user database (user authentication) and encrypted messaging system that Steem apps could leverage to add the features to their applications that ordinary users have come to expect from their applications.

It was going to be a second layer solution designed to interface with an existing blockchain that was fast, fee-less, and reliable. Our goal was to build something fast that worked. And we basically got there. OpenSeed was working and we had developers testing it.

But few could have imagined the series of events that would follow and undermine this approach. Steem is no longer reliable or trustworthy, and we now have the very team that was responsible for making Steem what it was as founding members of OpenOrchard.

Over the past couple of months that team has developed some amazing ideas that we look forward to sharing with you in the near future. The second layer we now envision ticks all the same boxes we highlighted for OpenSeed. But we are now more confident than ever that the blockchain we will be delivering to the public deserves a more deliberate and scalable approach. We now believe that it is more important to build it right than it is to build it fast.

Microservices: Building it Right

Building it right means refactoring OpenSeed into a suite of microservices each of which can be leveraged and scaled independently by developers. There is no reason that a developer who just wants to leverage the user authentication system should be bottlenecked by the encrypted messaging system or any other microservice.

These microservices will be available to the developers of any application, whether blockchain-powered or not, whether Hive or Steem, EOS or Ethereum. In that sense we are living up to our promise of blockchain agnosticism.

Returning the Funds

These are a lot of changes and the Hive community should not bear the costs of the uncertainty and risk associated with implementing them. That’s why we’re returning the remaining funds to the DHF. That’s also why we’re renaming our second layer solution from OpenSeed to ODESITM which stands for Open Database of Encrypted Social Information and is a more accurate reflection of what the product has become. Fortunately, because much of the work was already done for OpenSeed, it should not take long to reorganize those features into a microservice architecture.

ODESITM

As the name implies, ODESITM (pronounced "odyssey") will still be open source which means that any developer who would like to add support for a given decentralized (or centralized) solution will be free to do so by submitting a pull request.

The Blockchain


At the same time we would not be working on our own blockchain solution if we did not believe that we could deliver something to the market that adds tremendous value. Something that is more developer and user friendly. Something more scalable and lower cost. Something that is more flexible because it is more upgradeable. And something that is more secure, because it is more decentralized.

KoinosTM

These are important features that we want to make as accessible to developers as possible which is why the ODESI microservices will be tightly coupled with KoinosTM. This will enable developers to integrate Koinos into their application without having to learn about, or even know about, the blockchain itself.

We do not believe that any blockchain is THE solution to every problem. We view blockchains as precision tools that when properly integrated into other software solutions can unlock new value. By building Koinos with this philosophy, we believe we can dramatically improve upon existing blockchain platforms and provide to developers a powerful new tool in their efforts to deliver value to their users.

Stay Tuned

We’ve made a lot of progress in a relatively short period. I look forward to sharing more information about that progress and how it could positively impact the Hive community, so be sure to follow this account, the @openorchard account, and if you prefer other social media channels, you’ll find links to those below.

My Twitter
OpenOrchard Twitter
Discord

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Wow, great ethics and much good karma shown by you and your team. My hope is that you will come up with a DPoS chain which will have a working governance as both HIVE and STEEM seem beyond repair.

I have a hunch you will find our solution extremely compelling 😁 Be sure to follow along. More updates coming soon.

Man, I'm turning blue awaiting the encrypted messaging. Are we there yet?

Are we there yet? Are we there yet?

=p

Thanks!

😂 Working as fast as we can. I appreciate your patience

I like ODESI....big ups to the team!

Thanks! We're getting a lot of positive feedback on the name change. Seems to be less confusing to people

I'm not sure if I'll be using ODESI consciously, but I want to pay my respect for returning the funds on the situation that made previous achievements impossible.

So you're basically building another LiquidAppsIO?

There is certainly some overlap between ODESI and LiquidAppsIO. I think what distinguishes us the most from LiquidAppsIO is that we want to offer features to developers that make their app better and of course that we're not just building a second layer, but a first layer as well which we believe will be superior to existing offerings. But whether features are powered by a blockchain or not is irrelevant to 99% of developers. Some of our features will happen to be powered by blockchain, but we're not going to lead with that because most developers don't care. They want features, not blockchains. The approach that projects like LiquidAppsIO take is that they assume developers want to integrate blockchains and only blockchains. I think that scares away 99% of devs and deprives them of access to valuable features (those that don't need or belong on a blockchain).

The other things that differentiates us is that we are building both our base layer and second layer in tandem which enables us to optimize these products for one another. We believe we are going to bring something very special to market in Koinos, and ODESI will benefit tremendously from tight integration with that protocol. Of course, if LiquidAppsIO decides they want to integrate Koinos as well, all the better :)

Why not try to build something on HIVE or with HIVE?

I note he mentioned that Steem has suffered ineffable harm, which has changed their ability to interface with it. Hive has exactly the identical governance structure, and is absolutely susceptible to the same issues that have deprecated Steem. I don't think they should be comfortable importing those liabilities into their product, and they apparently aren't.

Well this is not STEEM and it isn't exactly the same. They already changed it to where newly powered up HIVE isn't able to vote on witnesses for a period of time, which was set up to prevent exactly what happened with steem. Besides that, there are a number of changes that could readily be made to improve the protocol which seems like it would benefit everyone here a heck of a lot more than building something entirely new that eventually will compete with this protocol...

Our goal is to add as much value as possible to the Hive community AND those outside of the Hive community. As I said in the post, what we are building will add tremendous value to Hivers and I believe that's what really matters. My goal, and our goal as a company, is to add value to humanity, the open source community, and the Hive community in that order. We are taking the most direct path we can to achieve that objective.

How does it add value to HIVE?

Simplified, they're creating open source stuff HIVE will be able to use. The fact that people OTHER than HIVE people will also be able to use it doesn't negate the fact that HIVE people will be able to use it.

Their strat is to be blockchain agnostic or rather product agnostic since it's not dependent on being a blockchain and provide features that will help developers to create powerful applications faster by not having to reinvent the wheel for every feature.

The current deployment of DPOS is clearly risky.

Nothing is a solution to every problem - but lets build one at at time which can solve some problem. Great updates - will be waiting for more.

I think that as a company you guys shouldn't take your word that lightly... You know, trust is something built when you can see reflected the words of an individual or a group in the actions that group or individual carries on.

That being said, it's not good to speak your mind out, make announcements, rise people's attention and then taking another route without fulfilling your previous promises... Even though the new direction can indeed create better results you should deliver what you initially promised, after finishing that you could focus on the new and more ambitious goals. This way, people will trust your decisions and also will support them without second thoughts.

Once of the facts damaging Steemit INC's PR was the repetitive trend of under delivering and the lack of capability to meet self established deadlines, this is one of the mistakes this company continuously made and I hope you guys can learn from that. Take your word as a contract and please avoid blinding yourselves with the idea that this new change essentially doesn't mean not meeting your initial claim because it is "essentially" a continuation or an improvement of the first promise... It actually can be so, but for an outsider perspective (and for a lot seasoned users here) it looks like you're speaking back and forth all the time.

Anyway, I really want to see you guys succeed, you created an amazing product called Steem... It reached less than 10% of it's potential but this 10% was amazing, hopefully you can focus on a project you can fully develop.

Kind regards.

well said.

感谢您的评价

We will Wai for the ODESI that you are talking about... Interesting! This is the advantages of "decentralized" and we learned from mistake in steemit. Let see what KOINOS can do for ODESI to help HIVE communities.

Reblog! Good news for all and for the newbies who can understand blockckaih...

What is the fairest way of launching the coin? Who will have the original distribution of supply?

Micro blogging for hive to replace Twitter since Twitter is under fire due to censorship.

Godspeed guys! Keep it up!

Please get me into the Koinos presale, I have so much confidence in you guys.

We didn't "keep" the SBD, we gave it to two Hive community members. If you're going to approach the conversation from such a disingenuous position, I feel no need to engage with the rest of your questions.