Hello
nice to see a wp. I just read it and have some questions that maybe someone else knows.
I dont understand how xfual will be created? Is it like gas is created on neo? Will the max of xfual be 250880000 coins? How fast will it be created?
If xfual purpose is to fill the static nodes to have a minimal of xby is circulation at all times why not state that a maximum of 70% of xby can be used to create static nodes? Why is the new token needed to fulfill this purpose?
What would determine the value of xfual? Free market demand? Will the value of xfual be enough to fund development since the function of xfual is limited in comparison to xby?
from the wp: " Starting with XBY/XFUEL as the initial pairing, we will demonstrate coin creation, proof-of-concept, functionality, and operation of the X-CHANGE module" I thought coin creation was not supposed to be possible on xby? I probably read this incorrect but for me this mean that icos can be created?
Have some more questions about the modules
but will ask them at a later time since I already have that many questions
Thank you for dropping by again and for your questions!
Most of your questions are answered in the following 2 posts:
Discussion with Borzalom: https://bitcointalksearch.org/topic/m.22927681XFUEL Simplified: https://bitcointalksearch.org/topic/m.22931754We have more information to be released as we go... Digestion is important as there is lots to understand.
Otherwise: Regarding future "ICO's" What is coming is a drag and drop, graphical interface for anyone who wants their own coin for their module. So, yes, a built in ICO with trading on X-CHANGE will also be available. This of course comes after we have the module system up and running. This is where XFUEL plays a role because development is faster when we have more developers and now we can pay them.
Also, to better understand the release and future of XFUEL:XFUEL is the solution to a problem that resulted in a better XBY.
The problem: No Development Funding
The Result: Not only do we have development funding, we now have an even larger and more robust network.
As I continue to analyze this what I see is that there will be a secondary market. That market will be only inside of X-CHANGE.
Why?
Because the development of XTRABYTES will never cease.
Because developer payments will be made in XFUEL.
Because corporate salaries will be paid in XFUEL.
The end result of this is that we will always have XFUEL in circulation. Why is this good?
Because the STATIC network will always have STATIC nodes being broken. There will always be people wanting to buy XFUEL to prepare for STATIC transfer. And finally, because like any other trading pair, people can buy and sell to make profit.
Thank you!