• ram@bookwormstory.social
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    9 months ago

    Pasting this here for people who didn’t read the article

    What’s happening to Odysee?

    Odysee, the flagship LBRY app, continues to serve more than 6,000,000 people each month, even while it has been iced. CoinGecko rates Odysee as the most popular web3

    Odysee’s popularity makes it the most valuable asset of LBRY, Inc. While it’s nearly certain the Odysee assets will be assumed by someone interested in resuming its growth, it’s unclear if Odysee will continue to use the LBRY network in the future, switch to another cryptonetwork, or switch to being a traditional web2 platform.

    For the data nerds and founders, a full log of our monthly and weekly Odysee user data is here. When much of the crypto industry was burning money, we succeeded at building useable web3 software that people actually wanted to use.

    What happens to LBRY channels and content?

    Over 1,700,000 identities and 30,000,000 pieces of content have been published to the LBRY blockchain. As long as the LBRY blockchain continues to be mined, those identities and records will continue to exist.

    However, the content itself is not published to the blockchain, and requires host nodes to function. If Odysee chooses to stop utilizing LBRY, then content that is not actively seeded by others will stop being available. Using LBRY Desktop is the best way to ensure your content remains available.

    Can Odysee switch from LBRY?

    Maybe? Maybe not? It’s unclear whether Odysee has permission to port content that was published from LBRY to somewhere else. Additionally, at one point Odysee committed users that it would always use LBRY so long as it was legal to do so.

    But we’re feeling pretty done with legal fights, and we’d rather see our friends at Odysee continue to do productive work supporting free speech. Ultimately, this will be decided by users, not by us, and we encourage users to wait and see.