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Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 207. (Read 371137 times)

member
Activity: 96
Merit: 10
I accept XBY/XFUEL
I think xby will return strongly  Wink

XBY has never left in the first place  Wink We haven't even started yet!  Grin
member
Activity: 84
Merit: 10
Quote from xtrabytes site:  ..."There are some trade secrets involved here and once the network has fully matured with all available STaTiC nodes in place, the number of coins will have been reduced significantly".
How many total coins will be finally?  Huh

Hi, the total supply of XBY is 650 million coins. AFAIK when all nodes will be occupied the number of coins in circulation will have halved to 325 million.
Greetings

Jeez !!!
Just fine !
member
Activity: 96
Merit: 10
I accept XBY/XFUEL
Quote from xtrabytes site:  ..."There are some trade secrets involved here and once the network has fully matured with all available STaTiC nodes in place, the number of coins will have been reduced significantly".
How many total coins will be finally?  Huh

Hi, the total supply of XBY is 650 million coins. AFAIK when all nodes will be occupied the number of coins in circulation will have halved to 325 million.
Greetings
member
Activity: 84
Merit: 10
Quote from xtrabytes site:  ..."There are some trade secrets involved here and once the network has fully matured with all available STaTiC nodes in place, the number of coins will have been reduced significantly".
How many total coins will be finally?  Huh
sr. member
Activity: 672
Merit: 251



So, after I read the review from @t0mpee this morning, I sent Borz the following:

I question how he has talked about the VITALS:

This is a specialty in both work and theory, and separates itself from other coins by being able to actually sign off inside of the VITALS (Virtual Information Transmissions Aligning STaTiCs) network, verifying that each signature to the blockchain is trusted and secure; and does not use the currently popular Proof of Work and Proof of Stake concepts, which, when finished, should be revolutionary in the blockchain space; as it’s the only coin of it’s kind to currently do this.


Is it accurate to say the blocks are "signed off inside the VITALS"?



Here is the response from Borz (in his greatly improving English):

Signed off inside the VITALS ?
Yes, and no.

example:

the block height is 1294
112 STaTiC online 400 STaTiC offline.
each 112 STaTiC signed the 1294 block and push these signatures to block signature database.
The block signature database is one independent blockchain tracked database.
All height have lot of related signatures. Not only the online STaTiC.
Of course the 1294 is new block therefore the online STaTiC-s signed and offline STaTiC-s not signed at this moment.
Before a online STaTiC signing 1294 block require all previous block validating.
If the online static was offline the previous day then validate and sign all previous day created blocks.
The final result is one very complex and hardly understandable hash table created. I don't want explain this. Need large and complicated infographics lot of time etc... The final result is just a very large unique number. These unique numbers is the result of consensus. These number will be attached to block. This number is the signature of VITAL. This is not real signature this is a hash of all signatures. I hope to understandable, the VITAL system how to be signing the blocks. The VITAL system "signature" is the big signature consensus. This is not real signature this is big mix of signature hashes. Impossible to change or reproduce without knowing all signers private keys. ( need previous offline STaTiC private keys too ;-)  = impossible )


I thought that was pretty powerful and was quite excited to share... Hope you also enjoyed!!






People are wrong to call this a top 10 or even top 20 coin.

This is a top 5 coin. There is NOTHNG that can touch it in terms of tech in theory. IF Borzalom pulls this one off the rise will be legendary.
full member
Activity: 560
Merit: 113
Anyone should be happy to have you back on board CCN Smiley
sr. member
Activity: 546
Merit: 252
CCN - You have done so much for the community and for XtraBytes.  I appreciate your honest words here on the forum.    

In addition to BryanK, I hope the Board considers your offer.  
newbie
Activity: 18
Merit: 0
every 4 days 5000blocks, it is 144130 blocks now.
So it will be 150000 on Aug 1 which day i think there will be important things released, not only transaction fee reduced to be 50 xby. Everyone can get the answer if you imagined.
you can get the block amount from here: http://xbyblockchain.borzalom.hu/index.php
full member
Activity: 210
Merit: 100
As we approach the launch of our Phase 2 marketing campaign, it is with great pleasure that I share a short and very well written review of XtraBYtes from one of our long time XtraBYtes Community Corporation Members, @t0mpee

https://steemit.com/cryptocurrency/@t0mpee/a-brief-explaniation-of-xtrabytes-new-module-system

Great job Thomas and thank you for your highly valued participation!!


Before I posted this here and in the Announcement section of our Slack, I wanted to get verification that Thomas was talking about the VITALS signing in a proper way. The answer I got from Borz was really quite powerful and so I will be posting his response in about 30 minutes.

I think we might see lots more talking after this and perhaps some scampering back to the exchanges (just my thoughts of course).

Stay Tuned!!







So, after I read the review from @t0mpee this morning, I sent Borz the following:

I question how he has talked about the VITALS:

This is a specialty in both work and theory, and separates itself from other coins by being able to actually sign off inside of the VITALS (Virtual Information Transmissions Aligning STaTiCs) network, verifying that each signature to the blockchain is trusted and secure; and does not use the currently popular Proof of Work and Proof of Stake concepts, which, when finished, should be revolutionary in the blockchain space; as it’s the only coin of it’s kind to currently do this.


Is it accurate to say the blocks are "signed off inside the VITALS"?



Here is the response from Borz (in his greatly improving English):

Signed off inside the VITALS ?
Yes, and no.

example:

the block height is 1294
112 STaTiC online 400 STaTiC offline.
each 112 STaTiC signed the 1294 block and push these signatures to block signature database.
The block signature database is one independent blockchain tracked database.
All height have lot of related signatures. Not only the online STaTiC.
Of course the 1294 is new block therefore the online STaTiC-s signed and offline STaTiC-s not signed at this moment.
Before a online STaTiC signing 1294 block require all previous block validating.
If the online static was offline the previous day then validate and sign all previous day created blocks.
The final result is one very complex and hardly understandable hash table created. I don't want explain this. Need large and complicated infographics lot of time etc... The final result is just a very large unique number. These unique numbers is the result of consensus. These number will be attached to block. This number is the signature of VITAL. This is not real signature this is a hash of all signatures. I hope to understandable, the VITAL system how to be signing the blocks. The VITAL system "signature" is the big signature consensus. This is not real signature this is big mix of signature hashes. Impossible to change or reproduce without knowing all signers private keys. ( need previous offline STaTiC private keys too ;-)  = impossible )


I thought that was pretty powerful and was quite excited to share... Hope you also enjoyed!!




Quoting for visibility from the bottom of the last page. Edit: Fixed the right quotes.
full member
Activity: 353
Merit: 100
I think xby will return strongly  Wink
member
Activity: 139
Merit: 10
Dear Community,

I have spent a great deal of time thinking about the situation within XBY since the recent issues started.  I felt I owed it to myself and the community to, at least at a high level,  explain why I resigned from the Board at the time I did and offer my apology for my own rash actions.

Having spent a fair bit of time, blood, sweat, and tears trying to move forward the development of XBY I could not separate my emotions from the fact that both founders, preaching about family and trust and pulling together, supported CCR leaving for a month without notice due to some "trolls", leaving the Board high and dry, and then came forward and effectively called themselves the only part of the team or family that mattered.  

Fundamentally I felt lied to, that the calls for trust, loyalty and team were a lie, and my contributions didn't mean a damn bit to the founders.  For a company that preaches being built on trust this has been clearly broken not just with me but with many others  - with some people I have seen in the slack for many months now having left.  Calling it a community coin has become questionable.

This got to me emotionally, and I could not separate it effectively enough to try and push through as the other Board members did to try and find a solution.  With some distance I see my decision to quit as wrong.  I believe in what is being built here, and that the damage, and trust destroyed, can be rebuilt with hard work and time.  CCR's apology to the community evidences that a path to reconciliation exists.

While there are other interesting projects that I, and everyone, could go put effort towards, I have been here too long and believe in the mission to quit so easily.  To that extent I ask the Board to consider my request to be re-instated.  Frankly, I don't want to be a quitter and don't want to abandon the team or the community.  If my request for reinstatement is not forthcoming please know that I will still be trying to help around the XBY slack as possible.

Here's my promise to the community, next time it gets tough i'll be there trying to make it right.  i'll focus on bringing community concerns to the Board (or their members) and pushing for the right answers.

We have spent too long alienating and dividing the community, it is time to come together, compromise and build it again.  Build the contributors, believers, TEAM,  and get the excitement growing.


Regards,
CCN

  

I can feel your pain for quitting but so glad for your humility to take over the team batton again.
I can see more vibrant synergy come back to the XBY team.
We are moving forward!
newbie
Activity: 30
Merit: 0
It takes a real man with humility to say those words. Thank you for all you have done. Chris

P.S. - Reminded me of the same attributes displayed by my friend from Canada.
sr. member
Activity: 812
Merit: 250
Welcome Back CCN. I hope the board reconsiders you. You are a great member.
full member
Activity: 173
Merit: 100
Dear Community,

I have spent a great deal of time thinking about the situation within XBY since the recent issues started.  I felt I owed it to myself and the community to, at least at a high level,  explain why I resigned from the Board at the time I did and offer my apology for my own rash actions.

Having spent a fair bit of time, blood, sweat, and tears trying to move forward the development of XBY I could not separate my emotions from the fact that both founders, preaching about family and trust and pulling together, supported CCR leaving for a month without notice due to some "trolls", leaving the Board high and dry, and then came forward and effectively called themselves the only part of the team or family that mattered.  

Fundamentally I felt lied to, that the calls for trust, loyalty and team were a lie, and my contributions didn't mean a damn bit to the founders.  For a company that preaches being built on trust this has been clearly broken not just with me but with many others  - with some people I have seen in the slack for many months now having left.  Calling it a community coin has become questionable.

This got to me emotionally, and I could not separate it effectively enough to try and push through as the other Board members did to try and find a solution.  With some distance I see my decision to quit as wrong.  I believe in what is being built here, and that the damage, and trust destroyed, can be rebuilt with hard work and time.  CCR's apology to the community evidences that a path to reconciliation exists.

While there are other interesting projects that I, and everyone, could go put effort towards, I have been here too long and believe in the mission to quit so easily.  To that extent I ask the Board to consider my request to be re-instated.  Frankly, I don't want to be a quitter and don't want to abandon the team or the community.  If my request for reinstatement is not forthcoming please know that I will still be trying to help around the XBY slack as possible.

Here's my promise to the community, next time it gets tough i'll be there trying to make it right.  i'll focus on bringing community concerns to the Board (or their members) and pushing for the right answers.

We have spent too long alienating and dividing the community, it is time to come together, compromise and build it again.  Build the contributors, believers, TEAM,  and get the excitement growing.  XBY doesn't succeed as a team of 2 founders but as a team of many contributors.


Regards,
CCN

  
full member
Activity: 210
Merit: 100
What does everyone see the market cap of XtraBytes being in 5 or so years if Borz is able to successfully implement his ideas? Can this be a top 50 project? Anyone aside from Fatoshi feel free to throw out an answer

5 years? That is a long time. At least top 20 I would say, that is me being a bit conservative though.
member
Activity: 85
Merit: 10
What does everyone see the market cap of XtraBytes being in 5 or so years if Borz is able to successfully implement his ideas? Can this be a top 50 project? Anyone aside from Fatoshi feel free to throw out an answer
member
Activity: 103
Merit: 10
This is that security we keep going on about folks.
full member
Activity: 210
Merit: 100
As we approach the launch of our Phase 2 marketing campaign, it is with great pleasure that I share a short and very well written review of XtraBYtes from one of our long time XtraBYtes Community Corporation Members, @t0mpee

https://steemit.com/cryptocurrency/@t0mpee/a-brief-explaniation-of-xtrabytes-new-module-system

Great job Thomas and thank you for your highly valued participation!!


Before I posted this here and in the Announcement section of our Slack, I wanted to get verification that Thomas was talking about the VITALS signing in a proper way. The answer I got from Borz was really quite powerful and so I will be posting his response in about 30 minutes.

I think we might see lots more talking after this and perhaps some scampering back to the exchanges (just my thoughts of course).

Stay Tuned!!







So, after I read the review from @t0mpee this morning, I sent Borz the following:

I question how he has talked about the VITALS:

This is a specialty in both work and theory, and separates itself from other coins by being able to actually sign off inside of the VITALS (Virtual Information Transmissions Aligning STaTiCs) network, verifying that each signature to the blockchain is trusted and secure; and does not use the currently popular Proof of Work and Proof of Stake concepts, which, when finished, should be revolutionary in the blockchain space; as it’s the only coin of it’s kind to currently do this.


Is it accurate to say the blocks are "signed off inside the VITALS"?



Here is the response from Borz (in his greatly improving English):

Signed off inside the VITALS ?
Yes, and no.

example:

the block height is 1294
112 STaTiC online 400 STaTiC offline.
each 112 STaTiC signed the 1294 block and push these signatures to block signature database.
The block signature database is one independent blockchain tracked database.
All height have lot of related signatures. Not only the online STaTiC.
Of course the 1294 is new block therefore the online STaTiC-s signed and offline STaTiC-s not signed at this moment.
Before a online STaTiC signing 1294 block require all previous block validating.
If the online static was offline the previous day then validate and sign all previous day created blocks.
The final result is one very complex and hardly understandable hash table created. I don't want explain this. Need large and complicated infographics lot of time etc... The final result is just a very large unique number. These unique numbers is the result of consensus. These number will be attached to block. This number is the signature of VITAL. This is not real signature this is a hash of all signatures. I hope to understandable, the VITAL system how to be signing the blocks. The VITAL system "signature" is the big signature consensus. This is not real signature this is big mix of signature hashes. Impossible to change or reproduce without knowing all signers private keys. ( need previous offline STaTiC private keys too ;-)  = impossible )


I thought that was pretty powerful and was quite excited to share... Hope you also enjoyed!!




Great work t0mpee and borz Smiley
sr. member
Activity: 602
Merit: 255



So, after I read the review from @t0mpee this morning, I sent Borz the following:

I question how he has talked about the VITALS:

This is a specialty in both work and theory, and separates itself from other coins by being able to actually sign off inside of the VITALS (Virtual Information Transmissions Aligning STaTiCs) network, verifying that each signature to the blockchain is trusted and secure; and does not use the currently popular Proof of Work and Proof of Stake concepts, which, when finished, should be revolutionary in the blockchain space; as it’s the only coin of it’s kind to currently do this.


Is it accurate to say the blocks are "signed off inside the VITALS"?



Here is the response from Borz (in his greatly improving English):

Signed off inside the VITALS ?
Yes, and no.

example:

the block height is 1294
112 STaTiC online 400 STaTiC offline.
each 112 STaTiC signed the 1294 block and push these signatures to block signature database.
The block signature database is one independent blockchain tracked database.
All height have lot of related signatures. Not only the online STaTiC.
Of course the 1294 is new block therefore the online STaTiC-s signed and offline STaTiC-s not signed at this moment.
Before a online STaTiC signing 1294 block require all previous block validating.
If the online static was offline the previous day then validate and sign all previous day created blocks.
The final result is one very complex and hardly understandable hash table created. I don't want explain this. Need large and complicated infographics lot of time etc... The final result is just a very large unique number. These unique numbers is the result of consensus. These number will be attached to block. This number is the signature of VITAL. This is not real signature this is a hash of all signatures. I hope to understandable, the VITAL system how to be signing the blocks. The VITAL system "signature" is the big signature consensus. This is not real signature this is big mix of signature hashes. Impossible to change or reproduce without knowing all signers private keys. ( need previous offline STaTiC private keys too ;-)  = impossible )


I thought that was pretty powerful and was quite excited to share... Hope you also enjoyed!!


sr. member
Activity: 602
Merit: 255
As we approach the launch of our Phase 2 marketing campaign, it is with great pleasure that I share a short and very well written review of XtraBYtes from one of our long time XtraBYtes Community Corporation Members, @t0mpee

https://steemit.com/cryptocurrency/@t0mpee/a-brief-explaniation-of-xtrabytes-new-module-system

Great job Thomas and thank you for your highly valued participation!!


Before I posted this here and in the Announcement section of our Slack, I wanted to get verification that Thomas was talking about the VITALS signing in a proper way. The answer I got from Borz was really quite powerful and so I will be posting his response in about 30 minutes.

I think we might see lots more talking after this and perhaps some scampering back to the exchanges (just my thoughts of course).

Stay Tuned!!


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