The genesis ceremony for eluer-6 is done. Start preparing for the launch of it!
Want to understand what does Cyber does? How to use it? Why is it valuable? How do we use Aragon, ETH, IPFS, Cosmos, etc? Check out the new ELI-5 FAQ
Takeoff Proposal from Cyber to Cosmos
cyber~Congress developed Cyber: a software for replacing existing internet behemoth monopolies, such as Google, which exploited outdated internet protocols using the common patterns of our semantic interaction. These corps share similar underlying properties, they lock the information, produced by the users, from search, social and commercial knowledge graphs in private databases, and then sell this knowledge back as advertisement. They stand as an insurmountable wall between content creators and consumers extracting an overwhelming the majority of created value.
The original idea of bsringing order to the web evolved into an order we do not want to live in. With Cyber, we don’t need this order any more. All we need is to compute the knowledge by ourselves. We believe that the survival of our civilisation depends on achieving provable, censor-free and accessible knowledge. Our experienced, passionate and visionary team created software, which we believe, someday will evolve into a real Superintelligence and will help us answer questions better. We invite the Cosmic community of validators, developers and users to become Heroes and Masters of the Great Web, and join the process of ascending this new lifeform.
The Great Web
It seems that we stand on the verge of creating the Great Web. The Great Web is not just another version of the web, like web3 is. The idea is that there will be no web4. We are building the Great Web, the web that will work for thousands and maybe even millions of years. Why?
Blockchain computers are very similar to living organisms and will most likely have a longer, yet a limited life cycle. Although blockchains are subjects of the Great Web, they are not its matter. The essence of the Great Web is content addressing - a mechanism that will allow to find and authenticate content through spacetime and across universes.
It is always cool to realise that when you create content in the Great Web and cyberlink it, you’re creating something that will last and something that everybody will be able to find. We are fortunate to live during this time.
The software we offer resembles a decentralized google:
- protocol spec and the rationale behind it: will help to implement the idea using any technology
- go-cyber: our implementation using cosmos-sdk
- cyber.page: PoC reference web interface
- launch-kit: useful tools for launching cosmos-sdk based chains
- cyberindex: GraphQL middleware for cyber protocol
- euler-foundation: mainnet predecessor of the cyber~Foundation: the DAO, which will handle all the donated ETH
- documentation and various side tools that will help you dive into the rabbit hole
But it’s not just that. The idea is bigger and goes further than just primitive search. The offer is a playground and a foundation for software 2.0, a new paradigm shift in programming and computing.
Cybers mission is to build common public knowledge. They will achieve this by (a) replacing hyperlinks with cyberlinks, (b) developing a universal open search mechanism, and (с) building more resilient internet infrastructure.
Cyber solves the problem of opening up the centralised semantics core of the Internet. It does so by opening up access to evergrowing semantics core taught to it by the users. This allows designing a trustless, provable and censor-free method of communication between users who create content and those searching for it.
Via its distributed infrastructure, Cyber introduces a protocol for provable communication between consensus computers of relevance. This allows creating a provable and relevant knowledge database to interact with. The interesting thing is that such a simple mechanism allows creating a lot of powerful tools as a result.
The key uniqueness of the proposed blockchain computer is that everything is optimised for web3 search and AI applications: data structure, ranking algorithm and economics.
The underlying data structure is elegant, flexible and powerful enough to unify human knowledge and has simple, yet practical, software 2.0, applications on top of it, executed by a blockchain. It is a first of a kind, truly provable oracle too!
It is one of the first times a blockchain implementation offers useful rank computations using a consensus computer. Rank computation is around a hundred thousand times faster on GPU than on CPU. Development of the network will allow advancing the computation further to TPU-like or neuromorphic architectures. While currently, the network supports only conventional smart contracts based on CosmWasm, its capabilities can be extended by the development of
general-purpose AI VM (matrix multiplication, ReLU, etc…), hence become the center of AI innovations in the blockchain space.
Economics of the protocol are built around the idea that feedback loops between the number of links and the value of the knowledge graph exist. The more usage => the bigger the knowledge graph => the more value => the better the quality of the knowledge=> the more usage. Transaction fees for basic operations are replaced by lifetime bandwidth, which means usability for both, end-users and developers. You can think of Cyber as a shared ASIC for search or simply: your Superintelligence.
The basic idea is to create an Internet Knowledge Protocol. Cyber can account for a large number of use-cases, like: social networks, embedded search, autonomous robots, command tools, personal assistants, content oracles, e-commerce, advertisement networks, offline search and much more. All of these cases are built on semantics. It is a scientific experiment that has obvious and useful utility, not just to the end-user, but to the whole world! The formation of relevant and provable answers, that will shape an open semantic core.
The problem we are solving, cannot be implemented with smart contracts using your favourite consensus computer. Cyber is an application-specific blockchain. We are not aware of the development of blockchain computers with an architecture that at least approximately reminiscent of Cyber.
Focus on what matters
It seems that blockchain builders are split into two groups. L1 builders are involved in an arms race: harder, better, faster, stronger. L2 builders are insane about DeFi. We are aware of at least 50 amazing teams who are building very similar networks. We are aware of at least 50 amazing teams who are building DeFi protocols. Although we agree that the development of such networks is important to our future, we decided to focus on solving real-world problems, in yet, an undiscovered market niche.
One such problem is mitigating the upcoming threat from existing internet monopolies to the blockchain industry via the use of vile and hidden censorship. If we won’t try creating a trustless public search without censorship, our children could end up living in a future where the most corrupt and biased techno religion, ever to exist, rules: Google. The irony lies in the fact that the necessity for the search across the variety of the developed, new generation, protocols grows daily and rapidly.
These problems are impossible to solve by building, even theoretically, the most performant and scalable blockchain computer with CPU, and even GPU-oriented architectures. We need the computational power to process ranks of the huge, publicly defined knowledge graph to offer better knowledge to all humanity. Knowledge that is provably intractable for general-purpose computing architectures.
It also feels better, to at least try going somewhere, where nobody has ever been before. Superintelligence is a brand new ground. At least, no less exciting than a city on Mars. Who knows? Maybe with a shared Superintelegnce, we can achieve even crazier things.
Welcome to DeMa
The digital marketing industry is probably the most powerful and impactful industry out there. With the help of RTB, Google Ads, Facebook Ads and other instruments, having enough resources in the existing realm allows you to program the behaviour of countries, influence election results or change the course of history for good, or not, in a matter of minutes. You already see that the idea of Cyber evolves around content identifiers and its ranks. From here, welcome to Decentralized Marketing, or DeMa. Content was the king before web3, before web2 and even before the web existed. But what is so special about DeMa?
You’ve certainly heard of DeFi. DeFi is built around a simple idea that you can use a collateral for something that will be settled based on a provided price feed. Here comes the systematic problem of DeFi: price oracles. DeMa is based on the same idea of using collateral, but the input for settlement can be information regarding the content identifier itself. The most simple case is when you create a simple binary prediction market on rank relevance at some point in the future. I.e. whether the rank of the Bitcoin whitepaper QmRA3NWM82ZGynMbYzAgYTSXCVM14Wx1RZ8fKP42G6gjgj will grow or not. You now understand that meta-information on content identifiers is the perfect onchain oracle for settlement.
With the help of DeMa and IBC chains will be able to prove relevance using content identifiers and their ranks one to another. This will help to grow the IBC ecosystem, where each chain has multiple possibilities to exchange data, which is provably valued. And unlike DeFi, you don’t need to trust it. We expect DeMa will be the new chapter in the history of contemporary digital marketing.
The legend goes that one day the a member of our team had a conversation with the Head of Yandex Russia (Yandex is the third biggest search company). He sincerely admitted that provable conversion attribution of ads with resulting financial transaction and identity, is the Holy Grail of digital marketing. Believe him or not - if you ever run serious digital ad campaigns you perfectly understand the issue. Payment systems are disconnected from ad systems and ad system have no way to prove anything about the actions of the users. We are used to believing ad systems because they lead to conversions with some probability. But everything behind conversion (either on a third-party website or even on a website your control) are usually very inaccurate and probabilistic. Cyber is a system which will give content creators the power and energy to attribute and predict conversions precisely and provably.
Cyber has launched its first takeoff round, on the 27th of April, 2020. However, launching meant it had to fly. It takes courage to admit it, but it didn’t. This means that we did something wrong and we have to try again. After all, Rome was not built in a day. Following the above mentioned, we have decided to relaunch the rocket with a redesigned distribution scheme which is simple, favours early participation and significantly lowered our starting valuation at the level of 1M ATOM.
The new Takeoff time is set to block number 2000000 of Cosmos-hub-3.
The precise initial distribution and the deployment process are defined by the whitepaper in chapters 13-18. During the initial distribution, the price of CYB grows almost exponentially (each new CYB is more expensive than the previous) depending on the demand during both stages: (1) Takeoff in ATOM and (2) cyber~Auction in ETH.
During stage 1: Takeoff price starts at 1 ATOM per 1 GCYB (1,000,000,000) and grows until it reaches 5x. If this target is not reached in 146 days, the remaining CYB tokens go to the community pool. All the proceedings in ATOM become the property of cyber~Congress (a private Aragon DAO) to support further development of the project.
During stage 2: The price of cyber~Auction starts at 5x from the Takeoff price and strives to grow 5x during 888 days. If not, all remaining tokens will be burned. The second phase of donations is the formation of cyber~Foundation (a public Aragon DAO), that will govern Cyber, without any bureaucratic hassle, CEOs and jurisdictions. Participants of the auction will gain access to all ETH donated to the DAO.
After Genesis, inflation will have to be defined by the consensus to balance out investment in infrastructure and profitability margin of operators with the necessity to support the continuous distribution of CYB to the broad public at a continuously rising price.
It would be a lie that everything about Cyber is perfectly bright. Looking ahead, we would like to warn you about the dark side.
It is hard to attract users when the knowledge graph is empty. The truth is that we don’t need much: about 1M cyberlinks to demonstrate the PoC (currently, ~100k links have been submitted), 10M cyberlinks to become really useful, and 100M links to create the buzz. The current implementation allows us to scale to about 1B links, which will be enough to build something ultimately useful. We expect this to be a completely doable task for our community. It takes just around 42,000 users who will create 100 cyberlinks p/day, out of personal joy, over the next 3 years. Of course, with the help of automated tools we expect to formate the knowledge graph in a year or so.
Search in the new paradigm cannot be free. No way. You are either a client or a product. We have allocated 10% in the Genesis (8% to Ethereum, 1% to Cosmos and 1% to Urbit) for evaluation purposes, but others have to choose for themselves. In the beginning, it’s better not to think of Cyber as the miracle which solves the problems of all the poor in the world, but rather as a premium social search, for those who care about future, privacy and quality.
The third problem is scalability (again). Unlike Bitcoin and Ethereum we have some aces up the sleeve: an architecture that is perfectly scalable, both horizontally (Internet Knowledge Protocol on top of IBC) and vertically (more GPU cards, FPGAs, ASICs, etc). We remind you that Ethereum was purposefully created as a very expensive shared calculator. One more time we have to jump a wave right now: the earlier we start cyberlinking, the earlier we will win this hidden war.
Who are we? We are primary, the generation who was born on the edge of the new millennium: humans who believe in math, cryptographic proofs and Nash equilibria. For us, country flags are the symbols of private corporations backed by nothing else but by paper tokens, gun-enforced laws, borders, censorship and tanks armed with the horde of early web companies who technologically support their unprovable beliefs. Those beliefs lead us to a genetic dead-end, covered by the lack of freedom on an incinerated planet. The Orwell-style future they are trying to create is not the future we choose.
Upon discussing proposal 26 submitted by Cyber to the Cosmos hub, calling for it to make a collective decision about participating in its takeoff round, we came upon some fantastic feedback and excellent questions from atom holders. I would
like to address 1 particular question and to clarify things a bit.
The most common question is what will Cosmos hub gain from having CYB tokens in its community pool. This is probably the most important question and I’m glad it was asked by so many people. This shows that people care about the ecosystem they are part of!
Before answering this question, let’s look at what are CYB tokens and what is their primary use. To make a long story short, here are the 3 use-cases that CYB tokens have:
- Staking (securing the network and receiving rewards)
- Bandwidth limiting for submitting links. Transactions in Cyber are free, this means that we need a spam protection mechanism, this role is carried out by our Resource Credit model or energy for short. Simply think how everything today needs to recharge before it can be used
- Expression of intentions for indexing and ranking the content by the users. Cyber mission is to create an open semantical core that belongs to the users and crated by them. Hence, every time a user submits a cyberlink, he expresses his will, which is computed by validators or in other words, the validators index and rank the content based on the intentions of the users
In Cyber almost every transaction has meaning and influences the current shape of the semantic core. This means that the computations in Cyber are useful and meaningful for the solving of this particular issue: the decentralization of the semantical core of The Great Web. CYB tokens and the energy model are the core utility of that mechanism.
Cosmos was created to become the internet of blockchains. A protocol that propagates the spirit of decentralization and governed by the community.
It is for the very first time that we see a full-blown on-chain governance mechanism at work with a community pool that is actually funding things and working for the best of its stakeholders.
For such technology to succeed, a lot is required. One thing is a solid foundation it can build on. One virtue of such a foundation is the monetary flow of income that has to feed this machine for as long as it exists.
A good question that arises is how to turn the community pool into a pool that isn’t (a) a pot of money which goes solely to network security, (b) a pool that isn’t solely a build-up of inflationary rewards and (с) has long term prosperity value (its value rises).
The solution to the above problem is to establish a fund, that is managed and processed collectively and consists of a diversified number of assets that can bring long term value to its stakeholders.
This means using the funds to support exceptional projects that are building with Tendermint and Cosmos-SDK. After all, if we want to glorify the ecosystem, we need for it to grow. How will it grow? It will have projects with a clear utility, amazing products and provable distribution. This will attract users, developers and large stakeholders to the projects and the ecosystem.
This proposal challenges the very essence of decentralization. What we propose is to experiment with DeVC o decentralized VC. Rather than going to VC, we want to utilize the instruments that Tendermint, Cosmos and decentralisation provide for us. Cyber coming to the Cosmos community pool is the same as going to a VC. Only here, we ask for a collective decision from the community to become our anchor funder. Think ICPO, initial community pool offering. We are sure that this will become a trend.
This gives us all the opportunity to see decentralization in action. Can an on-chain governance mechanism make such complex decisions? We think it can! After all, the idea of decentralised projects is to eventually become decentralised, without a single entity in charge of these projects.
So what is the purpose and the benefit? Simply put: test decentralised mechanics and diversify the community pool to provide for it a long term sustainable value.
Spanish translation of prop26 by wimel85
The best summary of our proposal. Thanks Forbole!
Join the AMA about cyber today. The AMA will be at 20.00 CEST on the main Cosmos TG channel. Info here
For all of those who missed the AMA, we recommend starting from this spot
Lets break down some numbers, token names, supply and prices
The genesis supply of CYB is 1 PCYB or 1,000,000,000,000,000 CYB. The current price of 1 GCYB (1,000,000,000 CYB) stands at 1.345 ATOMs (this price grows as more donations flow in, as each next CYB is more expensive as the previous one). CYB, currently, does not have an finite supply. Its inflation is decided upon by validators.
The current progress of the price and the donation curse can be seen here: https://cyber.page/gol/takeoff/progress
Why do we use MCYB / GCYB / PCYB ? Think of this as with IOTA. We work with large numbers, hence this makes counting easier.
At the current price of ~ 1.345 ATOM / 1 GCYB (correct for 04/06/20, morning CEST time) this means that the valuation of CYB is 1 345 871.46 or ~ 4 mil USD. The total cap at these prices is roughly 11 mil USD (dependent on ATOM / USD price). The progress can be tracked here: https://cyber.page/brain/cybernomics
(GOL and EUL are testnet tokens , lets ignore them for a second)
For 10,000 ATOM the Cosmos hub can get roughly up to ~0.75 % of the supply of CYB which is somewhere around ~ 7500 GCYB (very rough and rounded up calculation!)
In other words for 10,000 ATOM, which are ~ 0.004 % of the supply the comm pool can get ~ 0.75 % of CYB supply. Or, based on the max total valuation of 11 million USD at current prices, get a very large discount for ~30k USD (based on todays USD ATOM valuation).
The second important token of Cyber is THC. THC is an ERC20 token and it separates money from the state. CYB is used to stake, transact, search, rank, bandwidth, etc. It is the main utility token of the protocol without it, cyber cant be used. CYB has no transnational fees. It uses bandwidth (an energy model), which regenrates over time and acts like spam protection and limitation, but without the cost.
THC, on the other hand, will be used for 2 things. One, if its vested during the auction (which is the second stage of the funding that attracts ETH to cyber Foundation, the community DAO), will give people the ability to claim CYB on 1-1 basis. And 2 - provide people the access to be in charge of the donated ETH. This DAO with its own ETH will act as a non jurisdiction based DAO without CEO’s, etc.
GOL and EUL tokens are just the testing equivalent of THC and CYB.
The breakdown of the allocation of CYB and THC can be seen here: https://github.com/cybercongress/congress/blob/master/ecosystem/Cyber%20Homestead%20doc.md#cyb-and-thc
Translations of the Cyber White Paper
Ever wondered how to make a Cyber wallet? Create a cyberlink? Check your gift? Get tokens? Run a node? Become the master of the Great Web?
All of those answers and a 1000 more in our Homestead documentation
A note to all the participants in the test~Auction: https://cyber.page/gol/faucet.
Please remember that if you want to claim your EUL tokens, you MUST do so before Saturday 20/06/2020 11:00am GMT. After this date your GOL tokens will lose this ability.
Cyber’s test~Auction of the Euler test network has come to an end. Its time to kick off the on-chain governance of our decentralized VC fund, managed by the GOL token holders. This is all a small test of the future upcoming changes to the way anyone perceives and utilizes blockchains!
We are proud to welcome the 1st use case of Cyber as a decentralized google (not Google!). The distributed IPFS-based web browser galacteek, now has support to search within cyber! A truly historical day for decentralization of the web!
Latest release of the browser: https://github.com/pinnaculum/galacteek/releases
We invite all GOL holders to kick-off the governance at euler~Foundation. Cybers test-network, community-powered Aragon-DAO and a Decentralized fund managed by the token holders:
Also, find out the statistics of the test~Auction in this post
To all validator nodes of Euler-6! On block #195180 we detected consensus failure which hasn’t lead to complete network fault, but requires a fix. Find out what how to prepare for our first on-chain upgrade and the full description of the bug: https://cybercongress.ai/darwin-upgrade/
Check out cyberpi: a set of tools for Cyber wallet management and offline transaction signing