Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 121. (Read 371156 times)

In the OP it is "At the time of this writing", which I think was written sometime in August. If you want the updated numbers then visit the explorers as they are dynamic.

Dev you mention 465 static node currently but the explorer show only 450. I not understand about this stuff.

Yeah it is a dynamic number, it updates automatically based on how many nodes are registered.

Created a new account specifically for that post? 

ccrevolution [3:13 AM]
By the way, I think we will be releasing the website tomorrow.
 

I won't even bother to go into detail, but we'll see whose right tomorrow 

This coin is more than likely a scam coin. Xby is the equivalent of a woman that's had sex with every guy on the block and nobody wants to touch her.  This coin is now a used hooker with multiple std's. That's why the coin has been getting pumped and dumped at 300 to 500 sats for the last few months.

The idiots running this coin had a vote four months ago about what the website design should look like.  These morons haven't even started building the website. It has no whitepaper. Just vague empty promises.

They talk about being impatient. The problem is most investors have been patient and this coin doesn't deliver on its promises. Its a joke of a coin at this point. Most investors agree on that. Look at the price.

The cheerleading and shilling going on in the slack is a complete farce. The shillers make sure to wave their pom poms and shout out loud how good this coin will be. It takes more than shilling and hooting and hollering to get investors to believe in a coin.

They've now banned investors joining the slack and you need to prove your a xby pom pom waving expert before you get invited to join their little cheerleading slack.

Legitmate questions will never be answered.

When will the website and  whitepaper be finished. I know the answer SOON

When will the next stage of static node testing be finished with a detailed analysis of bugs. I know the answer SOON

When will the new code be seperated from the old and static nodes fully operational.  The new code hasnt even been seperated from the old code.  I know the answer SOON

When will we see an update on github showing that code is actually being developed. I see the github and no major change has happened in half a year. How is that going to inspire confidence. I know the answer SOON

When will they add medium size exchanges like binance and livecoin. They added nova exchange but its soo small and had zero impact on the coins price and volume.  I know the answer SOON

The shillers in the slack can ban people with legitimate concerns but not in bitcointalk. All they can do is offer their standard idiotic answers.

It's a forumla they use for anyone not willing to hoot and holler and wave the poms poms for the coin. It's like pressing a button on the back of a cheerleading puppet and knowing exactly what it will say.

First mock the person with derisive comments. Then claim theyre spreading fud. Then tell them to dump the coin because they aren't a serious investor. Then if its the slack ban them.

Afterwards, they pat each other on the back for a job well done. Snickering with each other at banning that person from the slack and stopping what they perceive as a potential threat.  When all that happened was an investor asking legitimate questions about the coins direction.

The fact is all the pom pom wavers in the slack and bitcointalk are little kids suckling on their mamas breast milk for protein supplementation. After a long hard day of making obscene comments to investors in the slack theirs mamas tuck them in and they proceed to wet their beds during the night. Then their mamas change the sheets in the morning and start giving them a breakfast of breast milk for a good protein boost to start the day. Back into the slack they go energized and filled with mamas protein shake straight from her old saggy tits.  These little kids are hoping the coin hits big time so they can cash in their small investment and move out of their parents basement.

It's the same group of shillers in bitcointalk and the slack. Why do you think the coins price is plummeting. It has very little volume. It's because investors aren't buying what theyre selling. They don't believe the hype anymore. They just cringe at the endless shilling. This coin needs to start delivering on it promises or get the fuck out of dodge.

On CoinMarketCap I noticed that the Circulating Supply of XBY is 425.500.000 XBY. Is this a static or dynamic number? My understanding is that, once all level 2 and 3 nodes are live, the circulating supply should be around 100.000.000 XBY.
Is this something that is changed automatically when the nodes go live? I believe that this is something that needs to be made very clear to new investors as it makes XBY much more interesting with a lower supply than currently showing on CMC.

The idea of Xfuel is genius. So as I understand it the Xfuel will expand the node network but wont add to the XBY supply. Also the price of xfuel will be kept up with XBY cause its useful to free up xby from nodes and will as ot serves duplicate role as xby it had to stay at a simialar price.a d even if it dips below xby then it only makes making a node cheaper. So stronger expanded node securing the platform and a development fund. Genius.

Nice and thorough discussion update.. @fishfishfish....

Looking forward to more goodnews and development about XBY and XFUEL.

Can't you just keep quiet for a while and study what is going on here before raising unnecessary argument?

Cool down!

^ Really appreciate borz taking time to answer those questions, considering him not being a native English speaker. Good Q's and A's in there. 

There was a discussion with Borzalom regarding the recent announcements on the Slack today.  The community provided questions, and Borzalom answered them.

Questions from the community:

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.


3   -   I was talking with Bryan about XFUEL much earlier and he seemed to think that on the X-CHANGE it would not be a set exchange rate for XFUEL to XBY but the price would be set by supply and demand like any normal currency exchange? Is that correct?

Borz: Partially true. The XFUEL emission will be very slow. No flood the market. I think the owning of XFUEL will be symbolic. Like medal. Everyone will see who help/support the XBY system creation.


4   -   Is XFUEL necessary for development funding?  Or is it needed as proof of tech?

Borz: If we want faster development then yes, we need fund. I don't want listing why we need pay, i think everyone know to we need pay the services, domain names, time of workers and lot of other. The XBY "investors" not classical investors bacause just swapping the
         "investments" between the "investors". This not help the real contributors who help the development or spend the real money to services. The price of XBY is 100% unimportant because the most part of helpers/contributors don't owned big pack of XBY. I want ask back. If the
         XBY price growing then this why increase funds for development ? The price growing of XBY don't increment the development funds. The developer team don't get income if the XBY price growing. Need XFuel. This is the way to we get more developer and more contributor
         and big developer teams. Each XFuel releate to real development and real value. This is the reason why the XFuel will be help to growing the XBY price. I hope the asker see now why are wrong. The XFuel increase the price of XBY and don't decrease.


5   -   Why is it necessary to build XFUEL so urgently and delay our main goal with STATIC Nodes, Website, WP?

Borz:  Who wants working without income ? Who will help reaching the goals ? No. The XFUEL don't delay the reaching of main goals. The XFUEL help so we reach the main goals faster.


6  -    If XFUEL will be cheaper, what is going to happen with STATIC nodes , break them  and rebuy for XFUEL?

Borz:  I done lot of calculations before released this idea. The 1:3 rate of XFUEL:XBY prevent STaTiC-s has XFUEL deposit only. If the XFuel owners want STaTiC then required to buy XBY. If the XFuel will cheaper then lot of XBY owner want buy Xfuel. If the XBY will cheaper then
         the XFuel owners want buy XBY. This is the balance than result is just more STaTiC and stronger network. And another important thing again. No flood the market !!! All XFuel releated real value. I think the XFuel owners don't want sell Xfuel-s. The XFuel owners want STaTiC
         and want buy the needed XBY-s. The final result will be more STaTiC node, stronger network and more valuable XBY.


7  -    Can the XFUEL dapp run prior to implementing pulse, vitals, and node activation?

Borz:  XFUEL does not need pulse and vitals because its don't want data storage and lot of other features. The XFUEL is pure PoSign and use 10 fixed STaTiC nodes only. This is the veryl light version who demonstrate and test the working STaTiC + Posign techology. The other
          features like the module system and data storage and vital and pulse don't implemented. And the XFUEL development ended. No more feature will be added don't need XFUEL developer team etc


8  -    Is it possible to draw a simple architecture picture how X-CHANGE and XFUEL fit in the XTRABYTES ecosystem?

Borz:  At this moment don't exist. The test version of STaTiC system will be show the X-CHANGE function. Lot of pre-process tasks need finished before possible to drawing the simplified ecosystem images. Lot of unfinished plans need finalized before.


9  -    I have economic questions that are based around why people would buy XFUEL with XBY. Namely why would you choose to partly fund your Static with XFUEL rather than just use all XBY?

Borz:  If the XFUEL is unusable then no XFUEL market. Nobody want buy the XFUEL if the XFUEL is nothing. This is win-win situation. The XBY win because get better network and more fan-s + developers and more value. The XFUEL also win because get value and market.


10 -   Its clear that behind XFUEL some people here have made a lot of work, but is XFUEL the only solution for the project so it will run faster and go to the next level?

Borz:  I will done the all development but only one lead developer don't enough to this project sucessfull. I said more times earlier. If we want bigger than BTC or ETH then we need bigger community and more fans and more nodes and more developers. If we want this then the
         XFuel is the key of the door of the
         next level. Just one question need answered. You contribute the project if you just spend the your time but don't win ? We also need rewarded the later joiners. The early "investors" also win if the community growing and if the community is strong.


11 -   Why not use XFUEL as the mandatory payment within the XTRABYTES platform?

Borz:  The XtraBYtes system payment is XBY. Only XBY. The STaTiC nodes is the keys of PoSign system therefore the system always protect the deposits and guarante the XBY income after the service providing plattform started. This never change. If someone spending the XBY
          and buying STaTiC then this always
          will be good business. This is very important because if no STaTiC-s then no PoSign and no XBY.

12 -   Can we compare Xfuel to ethereum's GAS?

Borz:  No. XBY is not ETH. XFUEL no use simile like the GAS. XFUEL is development money. Finance the development only the goal. ( and beta testing the STaTiC + PoSign)


13 -   Why not do an ICO of some sort to get exposure on the ICO channels?

Borz:  The XFUEL is better than ICO. I think the most of ICO is the way to fraud or stolen etc... Remember the parent of XBY is one big ICO scam ? The XFUEL paid after the work/service be completed. This is the reason why better. The initial ICO scam is the reason we why no
          have development money and why
          have investors whitout development money.


14 -   Don't know if this will mess the price of XBY alot but isn't it possible to create like 100 million extra XBY for funds and burn the same amount when it is being traded?

Borz:   No more than 650 million XBY. We declared this the starting of this project. Not possible to change this without splitting the community.


15 -    Will we buy advertisement in big crypto websites ? From where will we take money for this ? Can we take money for advertisement from dev funds we have now over 870 000 XBY?

Borz:  This is marketing question. Dave will be answer this. I don't know the marketing strategy.

CCR:   Again that is a community decision but I personally feel it will be a good way to spend those XBY


16 -    Will it be available to check richlist of XFUEL tokens? Community would like to have control where are XFUEL tokens.... It can`t be like on time market will be flooded by XFUEL and we will not know from where are they

Borz:  Yes. All XFuel transaction will be displayed very detailed not only address and value. Who get the XFuel income and why (service/work description)


And he finished with:  

         I hope to all member understand the XFUEL is no risk and help the growing of XBY. We no emit XFUEL without the community accept who and why get the XFUEL income.  Good night everyone. And thank you the all of interest constructive question. I always
         try finding the best solution therefore never worry the XBY will be the best coin. The good questions always contribute to the XBY be better.

wow, how you can even pump thread? what an idiotic term ...
if you are not interested why you are bothered in discussion anyways? there is another 1k coins to invest in.

if you are wasting your time to shit on something, there is quite possible some reason for it -> which is?

Inflammatory? I just find it funny that a few people keep trying to pump this thread, that's all. Raising money to pay for devs is not necessarily a bad thing, but coming up with excuses to glorify it is a form of deceiving.

I was a part of the XBY team for quite a while so helping people people/discussing was obviously something I do. And I still help where I can by giving people info. You just seem to like posting inflammatory remarks.

Also ^ LOL

Well since you mentioned history, what about your history? You really think people are so dumb they can't tell that this post is just you and 3 maybe 4 other people playing cheerleaders? You're the captain of the cheerleading team, so good job I guess

Your history is quite revealing, you seem to be very aggressive and crawl out of the woodwork to post things of no value to something you have zero interest in.

Only 2 BTC buy support and dev wants to raise money now to pay the team? Lol. Feel bad for those holding this.

I think they are one in the same. Can't have a Dex without the nodes and the network obviously.  

As was said in the Slack, a Dex will bring some nice attention to XBY given the climate in China and other places.