Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 112. (Read 371132 times)

OK, so after discussion, here is what we can say for now:

1. We will never force anyone to do anything. We don't make XFUEL mandatory to put in STATICS and we don't make it MANDATORY to buy. It will sell itself.

2. We will never force anyone to spend more money to get extra servers. But, the trust index of a server that has 1 STATIC is higher and therefore earns more rewards. But there are many factors that influence the trust index, such as: better hardware, high quality internet connection, old stable IP, lots of uptime and many other things.

More details about how all this will work is going to be revealed over time and of course we will have all details available when registration opens again. The system that Borz is setting up is self balancing in every possible way for the best interest of the XTRABYTES community and the XBY network itself.

Thank you again for your great questions.

I will have to get an answer for that from Borz.  Thank you!

Thanks
quoted one option.

Is split a must? Can static owner owns "not-splitted" node eg. "bigger" one than splitted ones? eg. more powerfull tho?

No, its not the best idea because it does not help us to further decentralize. That said, if someone decides not to, we do not become more centralized because only the node split and since it remains on the same server there is no other measurable effect. Although this has not yet been mentioned by Borz, it will not surprise me to see a fee % reduction factor for STATICS that are on the same server/computer as another. This of course will motivate people to taking the time to set up another server.

That said, here are a couple different scenarios we have already identified after a split:

1. The person decides to sell or break one of the STATICS, thus freeing the coins and STATIC for someone else to set up - result is further decentralization.
2. The person decides to set up an additional low cost VPS ( options exist for less than $10/year ) - result is further decentralization.
3. The person decides to set up a larger and more powerful VPS - result is further decentralization and more income potential for them.

We encourage everyone to have only 1 local STATIC per machine in their house and otherwise to use VPS. This is the most logical and powerful solution. There are several options available for VPS and this is undoubtedly the most cost effective way to utilize the XTRABYTES STATIC system. Why bother paying the electricity/maintenance costs and having to monitor your STATICS to be online 24/7 when you simply take the time to set up the VPS?

Thank you for the great question!

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.

is running more nodes on one machine really good idea in general?

Great to have you on board and thank you for your full support! 

This was my same thought process.  Marketing to the wider crypto audience is important.  Many people really have no idea what XTRABYTES even is.  I'd like to be able to point someone to a well known website.  It's just much more professional that way.  XBY is still relatively unheard of and/or talked about in the crypto-space.  And these ICO's get massive attention.  And . . they end up paying for it.  Why?  Because it benefits them in the long run.

XTRABYTES can make its way out of the "unknown" and this is one of the many steps to see that come to fruition.  Website is up.  Non-tech WP is out.  Now, as its been said before, the next step is getting people aware

excited for next round of node registration. hope to setup 2/3 level 1 nodes.

STATIC owners will probably have to signal a majority threshold (maybe something like 95% like with SegWit back in July/August).

Also more than one node can be run on a machine, so probably not.

What if owner of the static does not want to have split?
Will he be forced to?
Will he need to buy another hardware/VPS because of split?

How it will be handled?

This is the project i am really looking forward to. I know there are people who don't believe that this project will succeed but regardless, I will continue support this coin/project. I really believe that this coin has a great future. Borz is a genius and together with CCrev and the rest of the team and the community, everyone will take this project to the next level. Breakthrough is near. Hop on!

I sold some XBY in order to donate some BTC to the marketing fund. It will help me in the end so why not? Thanks for your consideration to the cause!

id be willing to donate some XBY, I dont have any BTC though.

All 3 levels will open with fees explained as soon as the deposit wallet has had the necessary adjustments completed.

Thank you for your interest!

any news about the level 1 static node openings?

My best wishes to Enki and the entire marketing team. This donation would get us in CoinTelegraph, Bitcoinnews, The Merkle, and Bitcoinist.

Done! Thank you mate, good to see you 2  Very exciting to see how far XBY has come in half a year already 

Hi! Post your XFUEL address in the channel #xfueltrading in the Slack.  Good to see you Sanchoni25. 


If you are in the Slack, there is a channel called #xfueltrading.  Link to the wallet is in the Slack, or you can find it on the XTRABYTES Github.  Download the XFUEL wallet and then post your address in the #xfueltrading channel.

Same here... been with XBY since April/ May or somewhere around that time.... What did I miss? What can I do..?