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Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 264. (Read 371137 times)

sr. member
Activity: 280
Merit: 250
Whatever you do people don't sell. There is some serious suppression of price desperately trying to hold the price down to accumulate. Very soon the price will catapult back. Don't lose your coins to them.

It takes sellers to hold the price down.  Certain people are sniping sell orders in large blocks every once in a while.. that's how my orders for 333 and 320 sats got filled.   People claim manipulation but nobody is putting a gun to people's heads forcing them to sell at these levels.  Once these people stop selling, there will be room to move the bid higher.  Thanks for the somewhat cheap xtrabytes, by the way.

NEM/XEM is already a pretty secure blockchain, but from what I've seen this is probably more secure yet, though it's questionable whether that security is needed, but nonetheless NEM is trading at a little bit higher of a marketcap, so there's room in one's portfolio for both coins.  :\

On another note, I think it's smart not to release the full source code of a coin... if a coin is really good, like NEM, they'd be better off considering the code as part of their intellectual property, or a "trade secret" and give just enough code out to let people know it's safe to use, but outside of that what good does it do releasing the full source code which lets people use it and make clone coins?  Ripple went closed source and I think they were smart to do so, from a business and investment standpoint.
full member
Activity: 384
Merit: 103
Bitcoin relatively is safe but flaws like 51% attacks would put a lot of information and money at stake if it happened. Now seems like the perfect time for a more secure blochain to shine.

https://cointelegraph.com/news/blockchain-tech-offers-solution-to-wannacry-type-cyberattacks-contrary-to-msm-brainwashing
sr. member
Activity: 394
Merit: 250
Great progress, I see something very interesting coming in the coming weeks Smiley
full member
Activity: 367
Merit: 100
nice. I really like 'zolts'
full member
Activity: 384
Merit: 103
Whatever you do people don't sell. There is some serious suppression of price desperately trying to hold the price down to accumulate. Very soon the price will catapult back. Don't lose your coins to them.
sr. member
Activity: 602
Merit: 255
A new poll is up for everyone to vote on, please join our slack to participate: https://young-basin-20186.herokuapp.com/

You will find the poll in the #announcements channel. This vote is to determine the name of the XBY divider.

Keep your eyes peeled as more developments are revealed soon.


Here is the overwhelming results from the community:




Answers to FAQ's form above poll:

Szabo is our Lead Developer and inventor's family name.
Zoltan is his first name - But we have other catchy names in XBY also, such as: STaTiC nodes and the rewards for STaTiC owners is called SHOCKS. So, the name Zolts also comes from Volts which is another electrical term and then encompasses his name.
Borzalom is our Lead Developers Internet handle and he is best know by this name from his work history on Bitcointalk.






sr. member
Activity: 602
Merit: 255
So no static nodes can be registered by anyone ever again?  Will it open up again after the new static chain is up and running?  Thanks for the clarification!

There are plans for more STaTiCs but no details are being released until after we finish getting the STaTiC chain where it needs to be.

Thank you!


sr. member
Activity: 370
Merit: 250
Wow..amazing job..so very excited to see the developments happening here..
sr. member
Activity: 280
Merit: 250
So no static nodes can be registered by anyone ever again?  Will it open up again after the new static chain is up and running?  Thanks for the clarification!
sr. member
Activity: 602
Merit: 255
We are currently conducting our second Poll for the day on our Slack:

Please visit and cast your vote for our new wallet design to be with our without borders...

Or you can just leave a comment here (but please don't keep quoting the images Cheesy )




sr. member
Activity: 602
Merit: 255
Very excited to see the traction on this coin. I really think we are onto something special. The ideas that borzalom is coming up with are nothing short of groundbreaking. I am getting that really exciting feeling I had before getting into coins like eth and monero. This will change crypto as we know it! 

It also looks like from the slack (very active with 420 users as of today) that a new wallet is being designed and the website is coming along nicely as well. I'll be watching this space and buying some XBY. I still think it's funny that yobit dumpers are treating it like one of their "yobit coins." If they only knew what kind of diamond in the rough they have discovered...


VERY well said... Thank you for your support!!


full member
Activity: 220
Merit: 100
Very excited to see the traction on this coin. I really think we are onto something special. The ideas that borzalom is coming up with are nothing short of groundbreaking. I am getting that really exciting feeling I had before getting into coins like eth and monero. This will change crypto as we know it! 

It also looks like from the slack (very active with 420 users as of today) that a new wallet is being designed and the website is coming along nicely as well. I'll be watching this space and buying some XBY. I still think it's funny that yobit dumpers are treating it like one of their "yobit coins." If they only knew what kind of diamond in the rough they have discovered...
sr. member
Activity: 602
Merit: 255




XtraBYtes is a totally unique cryptocurrency with an unprecedented history that saw this project end, long before it began, only to be brought back to life by a real Development Team. If you look back on the history of XBY, you will discover that the coin started in January of 2017 as an ICO ripoff scam, under the name Bitmox.

Today, the Bitmox book has been officially closed and this mention is just to ensure total transparency in the event someone finds an old XBY thread. Today, we move forward on our first exchange C-CEX who was instrumental in assisting with the XBY recovery process. There are many investors who are very grateful that two people who were among the crowd that was tricked by the ICO scam, actually decided to use their skills, experience and ideas (along with considerable time) to hardfork the XBY blockchain with a full repair following standard protocols to ensure NOBODY (including the exchange and all investors) lost anything.

Today, we are proud to announce that the OFFICIAL ANN for XtraBYtes XBY is posted.


Today, we are proud to share what XtraBYtes is about and even though we are not prepared to reveal all development secrets at this point, we will reveal enough for you to see that XBY is a good coin to hold and not just trade.

What do I feel is the most interesting aspect of our technology?

While under pressure, often times the best ideas emerge and this is exactly what happened here. Borzalom (the head programmer) and I were discussing what to do with this mess we have aligned under and his experience told him that if we only rely on miners, the coin can fail and therefore peoples data would not be safe. It was at this point that he invented the PoSign (Proof of Signature) algorithm, which does not need a miner to verify the blocks. Therefore, the chain will not break and your data is safe because no matter what, as a last resort the PoSign will verify and nobody knows the difference.

This was the beginning of XtraBYtes - The Proof of Signature Blockchain Database.




Important Websites

http://xtrabytes.club (under construction)

http://xbyblockchain.borzalom.hu (block explorer)
http://borzalom.hu/static-list.html (updated every 60 seconds)
http://borzalom.hu/richlist.html (updated every 60 seconds)





1.) Build strong node network
2.) Identify and Align STaTiC Nodes ( master nodes )
3.) Start STaTiC Node PoSign mining
4.) Build data storage ring
5.) Move blockchain to data storage ring




650,000,000 coins
No Premine
XBY coins were all bought by investors in ICO
No POS rewards
No POW rewards
No Inflation
100 XBY transaction fee per transaction










XtraBYtes Windows PreRelease V1.1.0.3


XtraBYtes Windows-OSX PreRelease V1.1.0.3


Pre-release Version (still contains bitmox labels)


Pre-release Version















More Exchanges Coming in Future





One of our first steps moving forward is setting up the MASTER NODES and we are going to make this very painless for anyone who wishes to be a long term part of the XtraBYtes project. So, pay close attention because as of this moment, being a MASTER NODE will only cost you about $12.00 USD (current XBY price is 1 satoshi) because it only takes 1 million XBY to do it.

Your next step is to withdraw these 1 million XBY to your desktop wallet and leave them there. If you ever remove them, the MASTER NODE will break and you will not get it back. The reason for this is that this is only available between blocks 25,000 and 50,000, which will end very soon. Master nodes will have special privileges and will also be eligible to receive portions of each 100 XBY transaction fee. So, this is a great investment for the short and long term.


The final goal for XtraBYtes is a large and trusted blockchain based data storage system.

This project will be experimental and not just a copycat and therefore we will announce just small "next" steps as we go. There will be many experiments until we reach our goal and full development time will be years, not months.

Standard "investors" who want to buy some coins today and sell immediately for a profit differ from contributors. We want contributors not investors. We don't need money from investors, but we need lots of contribution. Contribution, such as: bug reports, users who spend coins or start master nodes or storing data in the network, etc... These users are ver important. Investors who just buy XBY and wait for the price to go up are not important and therefore the price of XBY is also not important.

If anyone wants to just play the price waves, I think this coin will show very big waves in the future.

Is XBY a good investment? No! XBY is a very risky investment... We think everyone needs to know this.

There is no guarantee our development goals will be reached and success will come. We will try very hard though and just remember, this is EXPERIMENTAL!

The original Bitmox code was a copycat code like lot of shit bitcoin clones. I will fully rewrite this code, step by step.

Is this risky? Yes!

Is this announcement fair and correct? Yes...

We don't want to sell dreams like many other coins.

We don't have 10% or more premined coins for us to benefit from. We bought XBY just like you and we will sell just like you, this is how we profit.

If you want to contribute to the community development and you just have money then buy some coins and send these coins to community address to BLocksFEE4ProofofSignatureXXYF3VQ3 and we will use these coins in the future for community goals.

Thank you for your past, present and future support!




























I am archiving the ANN here... it will be updated soon and we want to preserve the original.

Thank you all for believing in us as we are now approaching several milestones over the next several days.


Sincerely,
The XtraBYtes Crew!


sr. member
Activity: 602
Merit: 255
Hi, I was just chatting in the slack about the whole zolts thing and how XBY can be aimed at a particular market.

It seemed to me that coins like Ethereum and Zcash were doing so well because they were aimed at banks with their special tech (Ethereum has contracts) for example and they marketed them very professionally in that way. Zcash is doing business with JP Morgan because of their tech I presume.

XBY has something really unique in PoSign which = total security. But will the banks want that or can we target a unique niche market to go with our unique tech?

I wondered if Gold and Silver bullion dealers would like to use something totally secure and anonymous such as XBY Crypto in their dealings? Imagine this - person A wants to purchase X amount of Gold and Y amount of Silver from a bullion dealer. He uses Dollars or BTC and converts to XBY - the dealer accepts the XBY as payment and delivers the X amount of Gold and stores the Silver in its vault as XBY valued metal. If he wants to sell some of his X amount of Gold to someone else he can check the value of  XBY and then sell it to make more BTC or dollars than he started with. So we don't lose the crypto trading tool side of it here.

For this you could have: XBY Gold units
                                          Silver units
                                          Platinum units
                                          Copper units
                                          Zinc units
                                          Wheat units?

Maybe all commodities could be incorporated?

I thought since paper money is looking less stable and Gold and Silver are pushing to take over as genuine wealth again, it could be a niche market that really explodes in the future. No-one seems to have approached bullion dealers yet and our crypto could have all the tools to make it interesting.

Just a thought. I like the sound of Gold and Silver units as opposed to Zolts as they would have a direct meaning and Zolts appear to just be renaming the Satoshi.

What do you think?

Interesting idea to be explored perhaps... but it will not change the renaming of satoshis (this is an entirely different subject).

Thank you for your input!!


sr. member
Activity: 280
Merit: 250
Got another 200k@ 320 SATs.  Enough for a static node now.   We'll get this on bittrex and poloniex. It deserves as much
 Smiley
full member
Activity: 232
Merit: 100
Hi, I was just chatting in the slack about the whole zolts thing and how XBY can be aimed at a particular market.

It seemed to me that coins like Ethereum and Zcash were doing so well because they were aimed at banks with their special tech (Ethereum has contracts) for example and they marketed them very professionally in that way. Zcash is doing business with JP Morgan because of their tech I presume.

XBY has something really unique in PoSign which = total security. But will the banks want that or can we target a unique niche market to go with our unique tech?

I wondered if Gold and Silver bullion dealers would like to use something totally secure and anonymous such as XBY Crypto in their dealings? Imagine this - person A wants to purchase X amount of Gold and Y amount of Silver from a bullion dealer. He uses Dollars or BTC and converts to XBY - the dealer accepts the XBY as payment and delivers the X amount of Gold and stores the Silver in its vault as XBY valued metal. If he wants to sell some of his X amount of Gold to someone else he can check the value of  XBY and then sell it to make more BTC or dollars than he started with. So we don't lose the crypto trading tool side of it here.

For this you could have: XBY Gold units
                                          Silver units
                                          Platinum units
                                          Copper units
                                          Zinc units
                                          Wheat units?

Maybe all commodities could be incorporated?

I thought since paper money is looking less stable and Gold and Silver are pushing to take over as genuine wealth again, it could be a niche market that really explodes in the future. No-one seems to have approached bullion dealers yet and our crypto could have all the tools to make it interesting.

Just a thought. I like the sound of Gold and Silver units as opposed to Zolts as they would have a direct meaning and Zolts appear to just be renaming the Satoshi.

What do you think?
member
Activity: 103
Merit: 10
A new poll is up for everyone to vote on, please join our slack to participate: https://young-basin-20186.herokuapp.com/

You will find the poll in the #announcements channel. This vote is to determine the name of the XBY divider.

Keep your eyes peeled as more developments are revealed soon.
full member
Activity: 384
Merit: 103
Read up newbie sockpuppets. Most of it is answered in the op and thread.
newbie
Activity: 5
Merit: 0
Hello Friends again!

I want to know what is this static node and what are the benfits of this?
I know how to make them but i only know master nodes..

And can you do a staric node all the time ?

Greetings
newbie
Activity: 56
Merit: 0
when is the whitepaper supposed to be released? any schedule\roadmap?
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