Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 228. (Read 371156 times)

good news.
great tech.
unique posign.
xby will go to the moon in the next hours.
aim to 0.05 first.

The fee is planned to go lower as the price rises, and it will be lowered not too long from now last I heard.

Nice, great job everyone.

Awesome stuff! It should definitely increase the popularity and number of hits to a new website.

100 XBY is a fee absurd   !!!

Damn, this is so cool. Congratz to the winners, maybe next round for me. All pray for me. But on a serious note: this is some great promo and to think of that the founder himself pays for these giveaways...cool!

Who could possibly know? But it wont hit any of those prices until the tech is fully complete, functioning and running smoothly. And that could take a long time.

Plus it would need some kind of corporate interest/trust which also takes time. (for $10+)

Posting a small Q&A that borzalom did not too long ago as I think it got buried on the last post of a page:

1. Here is my question: CCrevolution said : If 1 or several StaTiC nodes go rogue, the others ask them to correct themselves and if they do not correct...they get blacklisted - BOOM Shutdown attack. Now if something would go very wrong and only 1 'good' STaTiC would be left, would it still be able to protect against the rest that went rogue?

1.) If the client isn't fake and it uses the correct last version of code, it will never get blacklisted. This is the reason why we will never have only one client controlling the network.



2. How many nodes would you need to be compromised for the system to be considered insecure, is a 51% attack via nodes possible?

2.) The PoSign is not a voting system therefore 51% or any other percent does not exist. All blocks are signed by all STaTiCs. If only one STaTiC signs the block then it is still valid. Later, if other STaTiCs validate they will also sign.



3. Will the project send coins anonymously and if not will it be possible to add that as a feature in the future?

3.) Anonymity is not the goal, trust is the goal.



4. Can you comment on scalability, will we have no problems if this coin became as big or bigger than Bitcoin?

4.) Scalablity is unlimited.



5. If someone owned ALL the nodes or even 99% of the nodes what could they do? Steal the beats of the coins or shutdown the system? I know it might not be economically profitable to do so but what if a Government later with unlimited resources tried, could it be done?

5.) This is not POW, therefore unlimited resources means nothing.



6. Its a very general question and has already been hinted at. But please can you say more about what makes this more secure than other coins on the market right now. And could you explain the kind of scenario that would have to happen for the system to be hacked even if that is theoretically a long shot. Can you say this coin is 100% unhackable? Or are we talking almost impossible?

6.) I hope 100% unhackable. Please join us in Slack now as we discuss this further... https://young-basin-20186.herokuapp.com/



7. Is it possible to implement a smart contract platform into XtraBYtes in the future, similar to Etherium's smart contracts?

7.) Yes, i have lot of better plans than ETH



Another set of questions:


1. Are the virtual nodes and their network generated exclusively by a new block/transaction that is created by the STaTiC and nonSTaTiC nodes?

1.) The XBY owners create transactions. Nodes validate the transactions only. Nodes never create transactions. The virtual nodes will be creating blocks from validated transactions.



2. Is the number of individual chord nodes possible the same as the number of STaTiC and nonSTaTiC nodes online?

2.) No. The number of virtual nodes is fixed. All virtual nodes are controlled by one or more STaTiC and nonSTaTiC nodes. If the number of STaTiCs is less than virtual nodes then random STaTiCs will control additional virtual nodes.


3. If a virtual chord node is generated only by a new block/transaction created by the STaTiC and nonSTaTiC nodes, then can’t the STaTiC and nonSTaTiC nodes be attacked and disabled by DDOS?

3.) Example: S1 STaTIC controls V1 virtual node. If attacker attacks and disables S1 STaTiC then other ( S2 or S3 ... etc...) STaTiCs will take control of the V1 virtual node until the S1 STaTiC DDOS has stopped.

1 is possible. 10 is a little unlikely considering that implies a market cap of 6.5bio for the project.

Will this project ever hit $1, $10, $100?

not at all, because if the bottom falls out of bitcoin they will remove the nodes as well, it's not hard to understand is it. you just don't understand what i just said, the consequence of scenario, therefore you've obviously not thought about it properly, which is what you are doing here, biting grasping at straws.

they are not going to do it for free if the price has fallen off a cliff get a grip fool.

they won't mine it they won't produce nodes for it.

this is a fact some wallets are full nodes, so what happens when the wallet goes offline or it's removed.
when it goes offline the node is gone, read about it here you fool..

https://www.cryptocompare.com/coins/guides/how-does-the-bitcoin-network-actually-work/

main part of the quote is this,

"Wallets can be a full node – as is the case with downloading the full bitcoin client onto your desktop. "

so if they are getting rid of wallets due to a price Collapse as it's not profitable anymore, then you start losing nodes when they go offline you lose nodes, which is obviously still linked to mining, because they go into wallets with full nodes.

which directly relates to mining and profitability.
which highlights all this cryptocurrency business is based on faith + reality.
with-out both of them the would be no faith in the coin, therefore they would shut down nodes, directly related.

Well, always the same people who spend time destroying XBY.
It becomes an obsession?
Everyone well understood the opinion of these people there.
No need to be obstinate and to be malicious, not worth insulting, just sell and leave :-)

Just a question: what benefit have these people there to destroy XBY?
Either to hurt for free or to buy cheaper, It's not pretty.

There is enough volume to sell or buy ...
Each his choice, me i buy XBY !
I say to these people that I support XBY from the beginning and yes, it is naturally that i have big profits so I support XBY !
I would be in the first to buy another node of second level when the technology will be ready, at any price.

Frankly, in the world around me, the rule of first come = first served is everywhere including in crypto.
I also had the chance to buy 3 PIVX masternodes when no one believed it and despite all those people there with their negative reviews.
It is true that it is difficult to be patient, not to sell and to forget the price ... but it pays in the end.
Also, I tell these people there that yes, I invest in the coins masternodes to make money, it just makes sense to think so and support our investments. And in addition I find it amusing and I take pleasure in cryptos.

When the technology is legitimate, when the technology is under development and these people arrive with their negative opinions repeated every day, not easy but I buy more because it is a good sign.
Of course, there will still be + high and low, just hold and be patient, often very patient.

The performance of XBY is excellent for such a young currency.
A few days ago, there was evidence of technological advances.

I wish XBY much success and courage for the core development team and website development team.

OMG, you even don't know the difference between mining and nodes!
Mining has nothing to do with nodes, people starting btc nodes just for helping the network, they get nothing for it, they do it for free!
So you are wrong in all points!
Noob...



loool trying to defend their Coin without even one argument againts my comments!
You guys don't like critical questions, don't you?
That is typical for club members trying to defend their investment from suffering with no idea at all!
This is not a religion, this is technology, you need arguments...

Top 10 Coins!?! are you kidding very good joke!
Together with BTC, ETH, NEM, DASH, IOTA loool ..not even in 10 years and of course not with this VIP Club community!
You guys have no idea what is neccessary to get there.

Do you really think I will be the last one asking for your node distribution?
Every serious inverstor will ask for it and most of you noobs did not even know something about it untill now and just because I asked for it.
So you should be thankful for my help !

That was my last comment, I wish you a lot of fun with your VIP node holder!
Make them rich by buying / pumping and sending Xtrabytes, they will love you for doing it!

Cee yaa

a statement like this could be proven wrong, because less nodes and more reason to be online means more stability, not less, when people switch the bitcoin miner off, that makes the network less stable. but if people who've invest have a reason to be online, less nodes is more stable not less stable, therefore you're a fool.

isn't this the problem with bitcoin if it becomes unprofitable to mine at any point people will switch off. that becomes unstable, but less is more in a way.

Be clear minded. If somone keeps coming here to attack a perfectly legitimate project and not the hundreds of scam icos amd shitcoins you can be 100% sure of one thing.  They are trying to buy as much as they can and keep a lid on the price with fud. Be smart and recognise this and dont be one of the fools who doesnt understand it. This project really is going to be in the top 10. Everyone who knows this project knows it.

These people always come back the way they did from the beginning.
Thanks to these people for the interest brought to XBY !

The performance of XBY is excellent for such a young currency.
A few days ago, there was evidence of technological advances.
I wish XBY much success and courage for the development team.

Well, always the same people who spend time destroying XBY.
It becomes an obsession?
Everyone well understood the opinion of these people there.
No need to be obstinate and to be malicious, not worth insulting, just sell and leave :-)
Simply Thanks