Odysee: A Decentralized Platform for Free Speech and Internet FreedomOdysee: A Decentralized Platform for Free Speech and Internet Freedom Odysee, a decentralized platform for content creators, is making a comeback after nearly three years following its split from LBRY. Now powered by the Arweave blockchain, Odysee aims to address concerns of censorship and platform bias by empowering creators with control over their content and preserving its accessibility. Decentralized Protocol for Content Sharing Odysee has evolved from being a platform to a protocol, enabling content from Odysee’s blockchain to be accessed by other platforms in a permissionless manner. This decentralized approach eliminates the risk of losing years of work due to bans or arbitrary moderation by centralized platforms. Creators have the ability to set their own rules for monetization, ownership, and distribution of their content. If one platform ceases operation, other platforms can easily retrieve content from the blockchain and preserve it, providing creators with protection against unexpected platform closures. Addressing Freedom of Speech and Internet Free Will Odysee CEO Julian Chandra emphasizes the platform’s commitment to “internet free will,” which includes the freedom to access and share information. In a recent interview with Finbold, Chandra expressed concern about the increasing centralization and closure of the internet. Odysee and Arweave aim to promote free speech and empower users by providing a platform that is resistant to political interference or censorship. Chandra believes that Odysee’s decentralized nature brings the internet closer to its original mission of openness and accessibility. Economic Impact At the time of writing, the native token of Arweave, AR, was trading at $24, indicating a 7.2% increase over the past 24 hours. The success of Odysee and the adoption of Arweave have the potential to positively impact the value of the AR token. Conclusion Odysee’s comeback, powered by Arweave, represents a significant step towards creating a more decentralized and free internet. By empowering creators with control over their content and providing a platform that is resistant to censorship, Odysee aims to preserve freedom of speech and internet free will. The platform’s innovative approach has the potential to reshape the landscape of content sharing and information dissemination in the digital age.
Odysee is a decentralized alternative to YouTube and other content uploading platforms, and is being hailed for its appreciation of freedom of speech. The platform is set to make a comeback after almost three years since its split from LBRY, now powered by Arweave (AR).
In 2021, the Securities and Exchange Commission (SEC) opened a lawsuit against LBRY Inc. for allegedly selling unregistered securities. The company lost the case in 2023 and announced that it would cease operations. LBRY was a blockchain-based file-sharing network, while Odysee was built on top of it as a front-end for content creators and the public.
Now, following its acquisition by Forward Research, the platform has partnered with the Arwearve blockchain and is ready for a comeback.
“Odysee believes that the future of digital content lies in protocols, not platforms. Open protocols enable a decentralized ecosystem where data and content can be freely exchanged and accessed without being locked into a single platform.”
– Odysee post on X
Odyssey announces its comeback
In a video shared on July 10, Odysee explains how it is now a protocol rather than just a platform. This new vision is intended to help content creators solve the problems that come with dealing with multiple centralized platforms and databases, sometimes risking losing years of work when faced with a ban or other arbitrary moderation.
For that purpose, the protocol will run on Arweave, the infrastructure that stores all uploaded content and corresponding rules. Therefore, any platform will be able to retrieve Odysee’s content from the blockchain in a permissionless way, creating protection alternatives.
Creators in particular can set their own rules for their content, including monetization and ownership aspects. If a platform, like Odysee, closes, a new platform can pop up, take out the attached information, and preserve the material.
It’s been 2 years since we last spoke properly.
During that time, we quietly developed Odysee into something better, something we’ve never seen before: a technology called Arweave.
Check out our final thoughtsphoto.twitter.com/pCy7aUoVX3
— odysee (@OdyseeTeam) July 10, 2024
How Odysee Tackles Freedom of Speech and Free Will on the Internet
Finbold spoke with Odysee CEO Julian Chandra to understand how the protocol aims to deliver on the promise of promoting “internet free will,” as noted in an earlier post on X.
“Free will is the freedom to choose. So the right to access all the information and data you want. It includes freedom of speech and much more.”
– Julian Chandra for Finbold
For example, competitors like Rumble are not allowed to operate in Brazil due to political interference. In this context, Chandra shared his vision of how Odysee and Arwave empower users and ensure free speech and internet free will.
“What we’re doing is closer to the original mission of what the Internet should be than anything else today. The Internet has become more centralized and closed since the beginning. We’re kind of doing a 180 and trying to open things up again.”
– Julian Chandra for Finbold
At the time of writing, Arweave’s native token, AR, was trading at $24, up 7.2% over the past 24 hours.
