Does anybody knows for how long new slack members can keep joining and recieve free Xfuel tokens for use in Static nodes??
I never got any answers on the above?
Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 100. (Read 371132 times)
October 24, 2017, 06:25:17 PM
I never got any answers on the above?
October 24, 2017, 05:57:04 PM
I'm regret for purchasing too little amount of XBY. Other than masternode, can XBY be stake?
We dont have masternodes, we have something even better called static nodes which have more usecases.
And XBY dont stake. All coins are already out in the hand of investors.
But static nodes earns fees from transactions on the network and from people buying a node and then having to pay a registration fee.
So it can be a pretty juicy business in the end holding several nodes and then imagining all the transactions taking place on a platform with endless DApps build upon it.
October 24, 2017, 04:55:18 PM
I will buy XBY every month until I reach the price of $ 1.5 / XBY 
i know im really thinking about swaping my Ark for More XBY lol 
October 24, 2017, 04:28:04 PM
I will buy XBY every month until I reach the price of $ 1.5 / XBY
i know im really thinking about swaping my Ark for More XBY lol October 24, 2017, 04:24:31 PM
I sold a few more waves for more XBY today, the FOMO is real with XBY
October 24, 2017, 04:17:42 PM
I will buy XBY every month until I reach the price of $ 1.5 / XBY
that's the spirit! 
October 24, 2017, 03:52:03 PM
I will buy XBY every month until I reach the price of $ 1.5 / XBY
i know im really thinking about swaping my Ark for More XBY lol October 24, 2017, 03:50:00 PM
I will buy XBY every month until I reach the price of $ 1.5 / XBY
October 24, 2017, 03:37:49 PM
Xtrabytes is taking off today, some impressive volume on Cryptopia. People scrambling to get enough XYB for one of those tasty STATIC Nodes
Anyone who wants a STATIC node would likely be paying far more for it if they wait even a couple days longer. 500 Sat per XBY is still extremely inexpensive.
October 24, 2017, 03:17:01 PM
Xtrabytes is taking off today, some impressive volume on Cryptopia. People scrambling to get enough XYB for one of those tasty STATIC Nodes
October 24, 2017, 03:05:29 PM
Im Seeing XBY on Investfeed and cryptocompare loving it!!! Its every where word is getting out for sure!!!
October 24, 2017, 02:36:20 PM
22 BTC volume on Cryptopia today.
XBY is moving from weak hands to hodlers.
If today is the first time you bought XBY, I cordially welcome you to the club.
XBY is moving from weak hands to hodlers.
If today is the first time you bought XBY, I cordially welcome you to the club.
damn 22btc for cryptopia is good. keep it up. I still think to get on another mid level exchange like Hitbtc would be good as many big traders arent on cryptopia. we wont see any major pumps unless we are on a bigger exchange. doesnt have to be bittrex or poloniex yet, but a mid level exchange like hitbtc would be ideal i think.
With enough exposure, we will get there, as traders will demand that XBY be listed on the big exchanges.
October 24, 2017, 02:26:41 PM
22 BTC volume on Cryptopia today.
XBY is moving from weak hands to hodlers.
If today is the first time you bought XBY, I cordially welcome you to the club.
XBY is moving from weak hands to hodlers.
If today is the first time you bought XBY, I cordially welcome you to the club.
damn 22btc for cryptopia is good. keep it up. I still think to get on another mid level exchange like Hitbtc would be good as many big traders arent on cryptopia. we wont see any major pumps unless we are on a bigger exchange. doesnt have to be bittrex or poloniex yet, but a mid level exchange like hitbtc would be ideal i think.
October 24, 2017, 02:19:03 PM
22 BTC volume on Cryptopia today.
XBY is moving from weak hands to hodlers.
If today is the first time you bought XBY, I cordially welcome you to the club.
XBY is moving from weak hands to hodlers.
If today is the first time you bought XBY, I cordially welcome you to the club.
October 24, 2017, 01:56:14 PM
Its taken a while for people to wake up to the fact Xtrabytes is completely unlike any blockchain tech so far...
Its tough to communicate it cause you cant compare how it works to other blockchain tech. Im sure lots of other projects will be using Posign instead of POW or POS. This is new technology being birthed.
Its tough to communicate it cause you cant compare how it works to other blockchain tech. Im sure lots of other projects will be using Posign instead of POW or POS. This is new technology being birthed.
October 24, 2017, 01:51:53 PM
Reposting, because at this stage, there is a lot of interest, so I think it is good to note a few things that Borz has said about development, and quite frankly, it's tough to go back 10 pages to find certain info:
The entire Q and A session can be found here: https://bitcointalksearch.org/topic/m.22884981
The video of the first 777 with Borz can be found here: https://www.youtube.com/watch?v=QB1Wdni-S5U&t=1s
We are two weeks away from the next 777. Questions can be submitted in the Slack, in the channel #xtrabrainstorm
Quote
1 - Some members have questions and concerns regarding the economics of adding the XFUEL token ... in a simple way, how does this all work?
Borz: We will create different tasks. Each task is simple and short. Not longer than 1-2 hour of work or permanent service. After the task done then the worker/helper/supporter/service provider/contributor get XFUEL income. The XFUEL is tradable via XBY possible to buy/sell. If
someone collect more XFUEL then possible to partialy replace the XBY deposit to XFUEL. The XFUEL deposit help to we get more STaTiC-s whitout remove more XBY from circulating supply.
The goal of Xfuel to help the XBY development and build the different developer teams. The successed tasks help growing the XBY. After more task successed then XBY will be more valuable.
2 - I watched the xfuel video clip just now. Its a second 'coin' running on the xtrabytes chain, is that right?
Borz: XFUEL is not 'coin'. This is expansion of XBY and part of the system. At this moment XFUEL work in different chain but the goal to merge the all system components. XFUEL is the first clean STaTiC+PoSign "coin/token" and there are two goals.
1.) beta testing the PoSign algo
2.) finance the developments of XBY. Very important therefore i say again. XFUEL is not independent coin. XFUEL is the part of the XBY system. No coin swap. I continue to develope the XBY system.
Borz: We will create different tasks. Each task is simple and short. Not longer than 1-2 hour of work or permanent service. After the task done then the worker/helper/supporter/service provider/contributor get XFUEL income. The XFUEL is tradable via XBY possible to buy/sell. If
someone collect more XFUEL then possible to partialy replace the XBY deposit to XFUEL. The XFUEL deposit help to we get more STaTiC-s whitout remove more XBY from circulating supply.
The goal of Xfuel to help the XBY development and build the different developer teams. The successed tasks help growing the XBY. After more task successed then XBY will be more valuable.
2 - I watched the xfuel video clip just now. Its a second 'coin' running on the xtrabytes chain, is that right?
Borz: XFUEL is not 'coin'. This is expansion of XBY and part of the system. At this moment XFUEL work in different chain but the goal to merge the all system components. XFUEL is the first clean STaTiC+PoSign "coin/token" and there are two goals.
1.) beta testing the PoSign algo
2.) finance the developments of XBY. Very important therefore i say again. XFUEL is not independent coin. XFUEL is the part of the XBY system. No coin swap. I continue to develope the XBY system.
The entire Q and A session can be found here: https://bitcointalksearch.org/topic/m.22884981
The video of the first 777 with Borz can be found here: https://www.youtube.com/watch?v=QB1Wdni-S5U&t=1s
We are two weeks away from the next 777. Questions can be submitted in the Slack, in the channel #xtrabrainstorm
October 24, 2017, 01:47:23 PM
We should get some xby Shirts soon. Anyone got some nice graphic?
October 24, 2017, 01:45:41 PM
Interesting question submitted today in the XBY community
1) There is no 'selection of the signing entity', as every node must sign, which is the entire point of proof-of-signature.
2) Pulse is not controlled by anyone. A pulse gets sent to EVERY node when a transaction is conducted, and they all must sign, not just one, so there is no selection and nobody is controlling pulse and thereby able to specifically select which node signs.
Also, quibbling about centralization in this way is semantics. You would then have the same issue with calling any coin that has masternodes 'decentralized'. There are degrees of decentralization. Many, many of the coins in the crypto space use masternodes, including Dash which pioneered the idea. XtraBytes will ultimately have enough STATIC nodes to alleviate any concerns of someone controlling them ALL, which is what would be required to undermine the proof-of-signature algorithm. This is exactly why it is more secure.
Quote
I did not look into the white paper, as you initially mentioned that it is non-technical. Now that I have read the first section my questions are still not answered. There is no clarification on how the signing entity is selected and why this should be secure. It is talking about speed and efficiency, yes, but as far as I see it these advantages come at the cost of completely centralizing the network towards the "STATIC" nodes or whoever controls the "PULSE". Please correct me wrong with a technical resource.
1) There is no 'selection of the signing entity', as every node must sign, which is the entire point of proof-of-signature.
2) Pulse is not controlled by anyone. A pulse gets sent to EVERY node when a transaction is conducted, and they all must sign, not just one, so there is no selection and nobody is controlling pulse and thereby able to specifically select which node signs.
Also, quibbling about centralization in this way is semantics. You would then have the same issue with calling any coin that has masternodes 'decentralized'. There are degrees of decentralization. Many, many of the coins in the crypto space use masternodes, including Dash which pioneered the idea. XtraBytes will ultimately have enough STATIC nodes to alleviate any concerns of someone controlling them ALL, which is what would be required to undermine the proof-of-signature algorithm. This is exactly why it is more secure.
October 24, 2017, 01:43:22 PM
Being better than Ethereum would be great, but just growing to 50% of the marketcap would already make me very happy 
October 24, 2017, 12:51:52 PM
Interesting project. Could be the coin to challenge ethereum.
Xtrabytes would be better than ethereum, that's what our lead developer Borzalom said when he started with this project.I'm sure if the project is finished, Xtrabytes is one step ahead of ethereum about decentralized applications since Xtrabytes offer innovative Dapps(Z-apps) with extensible modules, Useful DICOM api, multiplatform, and X-change, the proposed Xtrabytes Z-apps module had a great concept
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