😂😂😂
Kicking the can further down the line. Again. Surprise, surprise. Still no patent application submissions showing up on any of the online databases. Why is that? The team said it was due to the holidays. People are and have been back at work. Those databases are up to date as of today. So why aren’t Xtrabytes applications showing up?
CCR said that more details would be released in the first week of January. Well, that’s over. Still nothing. 🧐🙄😂
https://blog.xtrabytes.global/xtrabytes/xby-news/xtrabytes-technology-an-education-process/“we believe that a basic understanding of blockchain technology is required to fully appreciate the differences. Consequently, we’ve opted to teach the XTRABYTES technology to everyone who is interested in learning more about it through an educational process.”
That’s just what I want - to be taught blockchain technology by a team of 40+ people (allegedly) that cant even produce a single worthwhile product - not even a mobile wallet - after nearly 3 years. Btw, we’re coming up on the 1-year anniversary of the mobile wallet being announced. How’s that coming along?
“ Details that reveal critical parts of the XTRABYTES technology (the subject of patents that have not yet been granted, or closed source secrets) will only be available for individuals who can demonstrate a certain level of commitment and are contributing to the project. In addition, they must provide proof of the required skill level. Finally, access to these courses may also require an NDA agreement prior to being received.
Ultimately, our goal is to get the right information to the right individuals. That means enabling individuals to select the area of the technology that best fits their field of interest/expertise. If successful, we believe this will help further compartmentalize certain aspects of our technology, allowing for the creation of highly educated experts in the process.
In order to preserve our competitive edge, we reserve the right to exclude anyone from any of the courses that require an NDA agreement (especially if we believe that the individual is intent on using the knowledge to help advance our competitors). In addition, those enrolled in these high-level courses will also need to actively contribute to the project.”
Anyone taking bets on the likelihood that they’re trying to use other people’s knowledge to develop something? Sure sounds like it.
“Readers can expect this list to expand over time as new components of our technology are revealed:
- Quantum resistance: I’m curious how, considering the team has been exposed as not understanding many different aspects of QR, and how it’s been explained in detail that the methods they’re using will not make Zoltchain QR. (The team seems to believe using the SHA-512 HA will make the system QR. It won’t. SHA-512 is practically unnecessary. If they were really planning for the future and to be QR, they’d use an SHA-3 algorithm.)
- Unlimited transaction throughput: can’t wait to see this, considering last Testnet didn’t even hit close to 1000tps. “That wasn’t even on Zoltchain!” The team exclaims. Ok. So why’d you do it?)
- Guaranteed scalability (That’s a relief! I sure was worried about network congestion, what with the 6 people that use the network and all.)
- Individual, private and functional blockchains: Yes, in the era of blockchain communication and integration, ensuring that Zoltchain is secluded off on an island somewhere is definitely the way to go. Functional? That remains to be seen. In any capacity whatsoever.
- Eco-friendly consensus algorithm: Some would argue that it’s already pretty eco-friendly, given that it runs on hopes and dreams.
- Low-cost network participation: That’s the best part of hopes and dreams - they’re free! If costs are anywhere even near the figures that have been discussed in the past, no one in their right mind would ever develop on the platform.
- Business data applications: Good luck getting companies to use the platform when you’re also working so hard to make it a data silo. The current landscape is all about system integration, communication, and compatibility. No company is going to pay to siphon off a portion of their data in a silo that doesn’t integrate with their current systems.
The joke of the crypto world just keeps getting funnier.
