[NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 109.

bigboss154

full member

Activity: 210

Merit: 100

Quote from: AltsBoom on October 18, 2017, 05:18:23 PM

Quote from: Fatoshi on October 17, 2017, 10:51:00 PM

Quote from: AltsBoom on October 17, 2017, 07:26:46 PM

I agree with PTowner that xfuel release is an indirect way of diluting initial shares. the most obvious case to be made is the fact I can use xfuel for part of an XBY node

Regardless how you'd like to word it or justify it, the shares are definitely being indirectly diluted

I get what you are saying I really do and it was my initial concern. But firstly you got to balance that with the project will now be funded properly and we are at such a low MC anyway the potential moves XBY will make eventually is insignificant. But this is what you are missing..

Yes if Xfuel is used fro nodes then it technically can mean more XBY would be in circulation and not in nodes BUT and this is a big BUT you got to get your head around. The plan is now to have MORE nodes i.e. LV3 nodes. So actually in balance the circulating supply long term actually went down not up. Try to get your head around the fact that XFuel will never be part of XBY supply. All that has happened is MORE NODES and less XBY NEEDED for the MORE NODES. So essentially you just spread XBY across more potentially smaller nodes that are more numerous.

Get back to me with more questions when you get this simple logic. Grin

An even simpler idea. If nodes now IF DESIRED can have a little bit of say another alt coin like DASH or ETH in the node but they made more nodes would that affect the demand for XBY?

Its like saying If another coin comes to the crypto market then it will affect the supply of XBY....nonsense.

thanks for responding.

feel free to word it however you like but it's a dilution. what's stopping someone from breaking down there node at anytime to cashout? I can see you make a debate that if the nodes are somehow locked in then the circulation is lower, if not, there's nothing stopping people from breaking down there nodes and selling as they please.

I plan to still hold all my XBY but the xfuel addition is disheartening

goodluck XBY

The net result is circulation being lower than was previously possible without XFUEL. Nodes are going to be transferred from seller to buyer rather than broken, and if any nodes are broken they will just be swiftly replaced. You aren't seeing the bigger picture and long term goals regarding network size.

fishfishfish313

sr. member

Activity: 546

Merit: 252

Quote from: CCRevolution on October 18, 2017, 12:53:30 PM

SLACK OPEN AGAIN

https://xtrabytes-xby.herokuapp.com

Anyone wanting to participate in initial usage of XFUEL will be rewarded with 100 XFUEL just for downloading the wallet and joining our Slack. When you get in Slack, please enter the #xfueltrading room and post your wallet address. Your XFUEL will go out in the next batch. Thank you! This offer is valid for the first 100 NEW members who post their wallet address in #xfueltrading.

We are building up to a very big test in the near future!

Thank you!

The XTRABYTES Crew

Good to see that. XTRABYTES has so much going on at this point, that it is much better to allow new investors to come in and see what's going on. They'll be met with a positive attitude and excitement. Really cool stuff happening right now. Ready to start broadcasting the world what XTRABYTES has to offer.

As far as I know, the offer is still valid for the XFUEL. Come in the Slack and join us.

It's also good to see that the conversation has continued here on the ANN. People who may not like Slack still have an excellent way to keep up on all the news. Thanks to everyone who has stayed active and worked hard for the benefit of the coin. All this hard work is going to pay off in spades.

AltsBoom

sr. member

Activity: 406

Merit: 250

Quote from: Fatoshi on October 17, 2017, 10:51:00 PM

Quote from: AltsBoom on October 17, 2017, 07:26:46 PM

I agree with PTowner that xfuel release is an indirect way of diluting initial shares. the most obvious case to be made is the fact I can use xfuel for part of an XBY node

Regardless how you'd like to word it or justify it, the shares are definitely being indirectly diluted

I get what you are saying I really do and it was my initial concern. But firstly you got to balance that with the project will now be funded properly and we are at such a low MC anyway the potential moves XBY will make eventually is insignificant. But this is what you are missing..

Yes if Xfuel is used fro nodes then it technically can mean more XBY would be in circulation and not in nodes BUT and this is a big BUT you got to get your head around. The plan is now to have MORE nodes i.e. LV3 nodes. So actually in balance the circulating supply long term actually went down not up. Try to get your head around the fact that XFuel will never be part of XBY supply. All that has happened is MORE NODES and less XBY NEEDED for the MORE NODES. So essentially you just spread XBY across more potentially smaller nodes that are more numerous.

Get back to me with more questions when you get this simple logic. Grin

An even simpler idea. If nodes now IF DESIRED can have a little bit of say another alt coin like DASH or ETH in the node but they made more nodes would that affect the demand for XBY?

Its like saying If another coin comes to the crypto market then it will affect the supply of XBY....nonsense.

thanks for responding.

feel free to word it however you like but it's a dilution. what's stopping someone from breaking down there node at anytime to cashout? I can see you make a debate that if the nodes are somehow locked in then the circulation is lower, if not, there's nothing stopping people from breaking down there nodes and selling as they please.

I plan to still hold all my XBY but the xfuel addition is disheartening

goodluck XBY

bikerleszno

hero member

Activity: 656

Merit: 501

XBY - New Tech Coin (POSIGN) xtrabytes.global

Now people buying bitcoin to get free bitcoin gold but after fork in bitcoin everyone will come here and jump for XBY. I hope we will have very nice christmas this year with great value of xby and coming news Wink

EbenTheva

sr. member

Activity: 370

Merit: 250

Quote from: kronos123 on October 18, 2017, 03:25:59 PM

Quote from: Yankeeruinx on October 17, 2017, 04:40:00 AM

Really excited for this project, what is being built here is genuinely ground breaking.

It's security is 51% attack proof and even quantum resistant while being flexible enough to upgrade as advances in technology are made.

It's transaction speed is near instantaneous which is incredible for mainstream adoption and real world use cases.

It's platform is extremely flexible allowing drag and drop Dapps in all popular programming languages unlike many other platforms. ICO's can be launched directly from it with simplicity.

It has a built in DEX in the form of X-Change, instant messaging and many other features on the core platform.

X-Vault for secure decentralised data storage.

Seriously this is the most undervalued project I have ever seen, it does everything and not only does it just do everything but it does it better than the competition who only focus in one single area, it's crazy.

I totally agree with you friend and I do not understand how the market has not yet understood and appreciated the potential of XTRABYTES .... nonsense projects are valued at 50-100 million dollars and immense projects like XBY that are just under 10 million dollars.

I am a patient investor and have been in XBY since the first month, and I recommend not to sell any of your XBYs until it reaches at least 10000 satoshi and you do not see it in the Top50 at least!

I only wish I had more BTCs to buy more of this baby now. Getting too excited about the future and can't wait to all these predictions to come to past. I am a believer and I can see it coming.. Thank you to everyone who is contributing to this project!

kronos123

sr. member

Activity: 1022

Merit: 391

Quote from: Yankeeruinx on October 17, 2017, 04:40:00 AM

Really excited for this project, what is being built here is genuinely ground breaking.

It's security is 51% attack proof and even quantum resistant while being flexible enough to upgrade as advances in technology are made.

It's transaction speed is near instantaneous which is incredible for mainstream adoption and real world use cases.

It's platform is extremely flexible allowing drag and drop Dapps in all popular programming languages unlike many other platforms. ICO's can be launched directly from it with simplicity.

It has a built in DEX in the form of X-Change, instant messaging and many other features on the core platform.

X-Vault for secure decentralised data storage.

Seriously this is the most undervalued project I have ever seen, it does everything and not only does it just do everything but it does it better than the competition who only focus in one single area, it's crazy.

I totally agree with you friend and I do not understand how the market has not yet understood and appreciated the potential of XTRABYTES .... nonsense projects are valued at 50-100 million dollars and immense projects like XBY that are just under 10 million dollars.

I am a patient investor and have been in XBY since the first month, and I recommend not to sell any of your XBYs until it reaches at least 10000 satoshi and you do not see it in the Top50 at least!

etter

newbie

Activity: 48

Merit: 0

I have been following XBY for a long time, since its early days, through the ups and downs. Just want to point out that the growth has been amazing, not in price, but in the vision, attitude, approach, general credibility, and execution. The Slack channel is awesome as well. Not a regular writer, but a regular reader for sure :-) An exciting experience overall.

Yankeeruinx

full member

Activity: 443

Merit: 107

Quote from: Nick J. on October 18, 2017, 01:44:14 PM

Quote from: Yankeeruinx on October 18, 2017, 01:23:33 PM

Quote from: Nick J. on October 18, 2017, 01:04:19 PM

Quote from: Yankeeruinx on October 18, 2017, 05:43:07 AM

I'm sure plenty of the hacking community are involved in crypto so I'm sure word will get round soon enough.

That is a big reward though for sure, part of me hopes someone does claim it and helps make XBY an even more secure platform but then again if nobody can then just adds further proof of XBY's amazing tech.

Yes u are correct.
Cuz one hacker seeing this, is of course not gonna keep this a secret to get this price himself.
No, first thing he does, is to spread the word all around the hacker community to get some competition and possibly lose out on the price...yep yep.

*Sarcasm off*

People in the slack have already offered to go post this on hacking sites and it has been tweeted round their communities, I tweeted it out to Ed Snowden myself. But why don't you help out and go tell more people about the challenge, can't expect CCR to trawl the web to ensure the entire hacking community knows about it. Spread the word about the 1 Million XFUEL challenge

Because this was original posted back when i also posted the idea in slack for others to pick up upon.
So this respond is just a late respond back to your respond that dident make any sense, just like i pointed out.
Embrase ideas instead of attacking those bringing them forward and let ppl decide for themselfs if they wonna do something about it.

I think you misunderstand me there is no intention of an attack towards you.

CCR posted the challenge, once posted it is up to the community to then spread the world to everyone else which is exactly what has happened has it not?

TheFrenchGuy

newbie

Activity: 77

Merit: 0

For those who still hesitate about the XBY Hacking challenge, remember that the prize is 1,000,000 XFuel.

If we really have the 1:1 ratio with XBY, that's around 3 Bitcoin of bounty.

That's pretty interesting imo Wink

Nick J.

newbie

Activity: 66

Merit: 0

Quote from: Yankeeruinx on October 18, 2017, 01:23:33 PM

Quote from: Nick J. on October 18, 2017, 01:04:19 PM

Quote from: Yankeeruinx on October 18, 2017, 05:43:07 AM

I'm sure plenty of the hacking community are involved in crypto so I'm sure word will get round soon enough.

That is a big reward though for sure, part of me hopes someone does claim it and helps make XBY an even more secure platform but then again if nobody can then just adds further proof of XBY's amazing tech.

Yes u are correct.
Cuz one hacker seeing this, is of course not gonna keep this a secret to get this price himself.
No, first thing he does, is to spread the word all around the hacker community to get some competition and possibly lose out on the price...yep yep.

*Sarcasm off*

People in the slack have already offered to go post this on hacking sites and it has been tweeted round their communities, I tweeted it out to Ed Snowden myself. But why don't you help out and go tell more people about the challenge, can't expect CCR to trawl the web to ensure the entire hacking community knows about it. Spread the word about the 1 Million XFUEL challenge

Because this was original posted back when i also posted the idea in slack for others to pick up upon.
So this respond is just a late respond back to your respond that dident make any sense, just like i pointed out.
Embrase ideas instead of attacking those bringing them forward and let ppl decide for themselfs if they wonna do something about it.

Yankeeruinx

full member

Activity: 443

Merit: 107

Quote from: Nick J. on October 18, 2017, 01:04:19 PM

Quote from: Yankeeruinx on October 18, 2017, 05:43:07 AM

I'm sure plenty of the hacking community are involved in crypto so I'm sure word will get round soon enough.

That is a big reward though for sure, part of me hopes someone does claim it and helps make XBY an even more secure platform but then again if nobody can then just adds further proof of XBY's amazing tech.

Yes u are correct.
Cuz one hacker seeing this, is of course not gonna keep this a secret to get this price himself.
No, first thing he does, is to spread the word all around the hacker community to get some competition and possibly lose out on the price...yep yep.

*Sarcasm off*

People in the slack have already offered to go post this on hacking sites and it has been tweeted round their communities, I tweeted it out to Ed Snowden myself. But why don't you help out and go tell more people about the challenge, can't expect CCR to trawl the web to ensure the entire hacking community knows about it. Spread the word about the 1 Million XFUEL challenge

Nick J.

newbie

Activity: 66

Merit: 0

Quote from: Yankeeruinx on October 18, 2017, 05:43:07 AM

I'm sure plenty of the hacking community are involved in crypto so I'm sure word will get round soon enough.

That is a big reward though for sure, part of me hopes someone does claim it and helps make XBY an even more secure platform but then again if nobody can then just adds further proof of XBY's amazing tech.

Yes u are correct.
Cuz one hacker seeing this, is of course not gonna keep this a secret to get this price himself.
No, first thing he does, is to spread the word all around the hacker community to get some competition and possibly lose out on the price...yep yep.

*Sarcasm off*

securenetworker

newbie

Activity: 37

Merit: 0

Quote from: CCRevolution on October 18, 2017, 12:53:30 PM

SLACK OPEN AGAIN

https://xtrabytes-xby.herokuapp.com

Anyone wanting to participate in initial usage of XFUEL will be rewarded with 100 XFUEL just for downloading the wallet and joining our Slack. When you get in Slack, please enter the #xfueltrading room and post your wallet address. Your XFUEL will go out in the next batch. Thank you! This offer is valid for the first 100 NEW members who post their wallet address in #xfueltrading.

We are building up to a very big test in the near future!

Thank you!

The XTRABYTES Crew

Ohhhhhhh, I like tests!!!!! This one I feel will be yuuuuggeeee.

CCRevolution

sr. member

Activity: 602

Merit: 255

SLACK OPEN AGAIN

https://xtrabytes-xby.herokuapp.com

Anyone wanting to participate in initial usage of XFUEL will be rewarded with 100 XFUEL just for downloading the wallet and joining our Slack. When you get in Slack, please enter the #xfueltrading room and post your wallet address. Your XFUEL will go out in the next batch. Thank you! This offer is valid for the first 100 NEW members who post their wallet address in #xfueltrading.

We are building up to a very big test in the near future!

Thank you!

The XTRABYTES Crew

Seb59

newbie

Activity: 56

Merit: 0

Quote from: CCRevolution on October 18, 2017, 05:15:19 AM

HACK TEST COMPETITION

We are offering 1 million XFUEL to anyone who can send us a WRITTEN DESCRIPTION of a hack through our PoSign system.

Rules:

1. DDOS does not qualify - this system is only on 6 servers currently and eventually 10.
2. Must send written description - If you actually hack through you are disqualified from the prize.

We are looking for someone to find a solution to changing the blocks and/or execute invalid transactions. ( again, executing the hack = disqualification )

The purpose of this test is to reveal any holes that need to be patched. XFUEL is not only the development token for XTRABYTES it is also Proof of Tech and it is also good for "target practice" so that we can make sure the XTRABYTES platform is locked down before it goes live with the other 2 layers of tech ( VITALS and PULSE ).

If you discover a hack, please send it by DM ( private message - here on the forum ) to me: CCRevolution and it will be verified. After we have patched the hack, it will be published and the XFUEL prize will be delivered.

Thank you!

Dave and Zoltan

Please, leave this reward alive during the whole life of XBY, even when it's live.

aarell

sr. member

Activity: 392

Merit: 250

Quote from: PeoplePower on October 18, 2017, 03:34:21 AM

Quote from: CCRevolution on October 16, 2017, 08:37:47 AM

PROMOTIONAL CAMPAIGN

As mentioned in my previous post, we have a marketing team preparing several different projects to be released in the coming days. This is a very important time for XTRABYTES because we have released a wealth of information (more to come) and with the current market conditions surrounding Bitcoin, we have a very good window to showcase people in the crypto world that XBY is a place they should consider when they exit Bitcoin en route to alts.

Starting yesterday, the guys opened up a donation address so that people can contribute to the upcoming campaigns. They are targeting several of the top news and information outlets and of course this can cost money to get on some of these venues.

The donation address for the upcoming promotional campaigns, by the Marketing Team lead by @enki is: 1HZuLd66s8DTWX8LQFwocKkCkiKaiqpgPe

Anyone wishing to help with this can send some BTC and they are putting it to great use with press releases and other promotions across the wider cryptosphere! Thank you to Enki and the rest of the TEAM.

Great work guys!

This is very important effort and I sent in a small donation. I encourage everyone to pitch in a little bit if they can. This is a community coin and can only succeed if everyone in the community does something to promote it.

Marketing plan released by the marketing manager Enki, visit the slack and go through it.

nick777

hero member

Activity: 527

Merit: 500

Hello,I understood that XFUEL is a XBY clone and the coins suppliers will be of 650 millions,this coins will be used by dev in order to make payments to the providers , it should be nice to think about the XBY community and give away at least 10% of this coins by airdrop to the XBY holders, this way the coin should be adopted and more valuable. Can't be used only by dev this huge amount of coins...

Yankeeruinx

full member

Activity: 443

Merit: 107

I'm sure plenty of the hacking community are involved in crypto so I'm sure word will get round soon enough.

That is a big reward though for sure, part of me hopes someone does claim it and helps make XBY an even more secure platform but then again if nobody can then just adds further proof of XBY's amazing tech.

Nick J.

newbie

Activity: 66

Merit: 0

Quote from: CCRevolution on October 18, 2017, 05:25:36 AM

Quote from: Yankeeruinx on October 18, 2017, 05:18:51 AM

Oh wow you guys must be confident in your tech if you are throwing this out there, paging Snowden now Grin

Just keeps getting better and better!!!

Confident - Yes

But, this is a very important test because as mentioned, the full tech is XTRABYTES and we want to see if there are holes before we release the main platform. We appreciate the assistance and will happily pay the reward for someone to help us with something we may have missed.

Thank you!

There are plenty of hacker forums out there that u could contact directly!
That may get u where u wonna go a bit faster.

CCRevolution

sr. member

Activity: 602

Merit: 255

Quote from: Yankeeruinx on October 18, 2017, 05:18:51 AM

Oh wow you guys must be confident in your tech if you are throwing this out there, paging Snowden now Grin

Just keeps getting better and better!!!

Confident - Yes

But, this is a very important test because as mentioned, the full tech is XTRABYTES and we want to see if there are holes before we release the main platform. We appreciate the assistance and will happily pay the reward for someone to help us with something we may have missed.

Thank you!

Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 109. (Read 371168 times)