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Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 278. (Read 371156 times)

full member
Activity: 232
Merit: 100
hey how can i get acess /invite to slack .. i wanna registrer a node xDD thankyou

Hi please follow our reddit for helpful links to everything you need, including the slack invite link: https://www.reddit.com/r/XtraBYtes/

Other socials to follow are:

Twitter: https://twitter.com/XBYOfficial
Facebook: https://www.facebook.com/XtraBYtesOffical/
Instagram: https://www.instagram.com/xtrabytesofficial/

Thanks for your interest and congrats on owning a STaTiC node!

Good morning Vanfly, thanks for your input here.

I have a question, and it could be my memory fails me here - but were you involved in helping LitecoinDark? That coin had some genuine guys on it although the Dev seemed not so good in the end.

Either way I see XBY being the real deal, so no worries here.
member
Activity: 109
Merit: 100
full member
Activity: 384
Merit: 103
full member
Activity: 384
Merit: 103
Sounds like a change to a clean chain is probably in the long term a blessing in disguise. I was wondering a bit if we could swap away from the old chain from the old scam anyway. Building onto of a scam developers chain didn't seem ideal to me.
full member
Activity: 173
Merit: 100
Thanks!

Sounds like the next step is ready to go!!!!
sr. member
Activity: 602
Merit: 255
The Change-over to STaTiC Nodes




Above is an example of the Bitmox Genesis Hash, which is essentially the blockchain we have been working on all along with many changes having been made thus far.

Below you see an info graphic of the hash from the 25.000 to 50.000 blocks. The next step is something MUCH more complex and it will be done in a very special way. Major changes are actually going to occur and it is not normal to make these changes with a live blockchain. As you see, the code changed with the STaTiC registration feature being added. This is the simple way to see it.




As it stands, the current blockchain works, and it is secure like all other coins. Exchange sites accept it as is, but this is not really the XtraBYtes chain. During this changeover, there are going to be 2 chains and we will call them the Founders chain (current chain) and the STaTiC chain (future chain). No, this is not a fork as you will see after the explanation, it is best described as a REBUILD.

One of the major obstacles Borzalom has been planning around is the fact that it is impossible to make big changes to this blockchain. Any and all changes must be accepted by all clients and this was the challenge we faced last week when the exchanges were down for a day. That was a major change that had to be done in order to be able to BREAK the registered STaTiC nodes.

Major changes on a live chain create a highly insecure environment and it was indeed a stressful time when this change was being made. (Remember, this is all experimental… but as I said, Borzalom is ingenious, if not a genius in a full sense of the word. But he most certainly is unstoppable and like every other challenge I have seen him face in the last 3 months, he overcame this one also within a few hours).

When we updated the wallet, all the old wallets stopped working properly and the exchanges had to update their source code also. We do not want to have to deal with this and as you can probably imagine, there are MAJOR changes required to switch over to STaTiC. We also do not want to stop the blockchain and everything until now has been done live, but this STaTiC step requires another approach.


One of the major issues with the Bitmox chain is that it was a copycat chain that has over 13 different types of hashing algorithms that must be removed for proper function. This goes without mentioning the fast that they are not needed anymore with the STaTiC / PoSign system.

The important part to realize is that once these algorithms have been removed, the old block hashes will be understandable by all clients. So, all blocks need to be rebuilt and all blocks need to be accepted by the new STaTiC / PoSign algorithm.

To do this, we need a SPECIAL GENESIS BLOCK which will contain all registrations that have occurred within the 25.000 to 50.000 blocks where all the STaTiC registrations occur.

Some of these blocks are POW, some are PoSign… Some have registration data, some don’t. The genesis block needs to know all the registered STaTiC data and therefore after we close the registration at block 50.000, Borzalom must collect all this data and he will build the SPECIAL GENESIS BLOCK.

For example; if 25.600 and 32.200 and 38.800 and 43.600 blocks have STaTiC registrations then all this registration data will be collected and stored on the FIRST STaTiC+PoSign genesis block and this brings us to the reason why we will need 2 blockchains for a period of time.

As mentioned, this is not a fork. This is a mirror chain that is actually the REBUILD chain. In other words, it is the SAME chain with a NEW Genesis block.

The Founder chain will continue to operate as normal while Borzalom collects the data and once it is all loaded onto the SPECIAL GENESIS BLOCK, he will start up the STaTiC chain and extend it out to the same length as Founders chain with all transactions mirrored.

In doing this, what will occur temporarily is the old Founders chain will continue to work like it is now. It will not need to be updated, stopped or anything like that. It will just continue on while the big changes are occurring over on the STaTiC chain.

After all the STaTiC registration data has been stored on the genesis block all STaTiC nodes must sign the first block and at this point all the STaTiC nodes will be online and can begin to work. Their first task will be to build blocks; 2.3.4.5.......50.000+++ right to the end of the Founders chain.


During this transition period there will be a hierarchy between the two chains. At first the Founders chain will be the primary chain and the STaTiC chain will copy all transactions. All these transactions will be verified by the STaTiC nodes, which is a very good security feature with all transactions being double confirmed. No transaction ID’s or addresses will change and only the 1st block will be 100% rebuilt and changed. This will then convert all other 50.000+++ blocks to the new STaTiC / PoSign algorithm.

Once the entire Founders chain has been duplicated and verified, Borzalom will write a special script to change the hierarchy, making the STaTiC chain the primary chain, with the Founders chain being secondary. After this has been completed, the Founders chain will be retired and shut down forever.

Please note that we will use both chains, with the Founders chain being primary until the STaTiC chain is 100% completed. During this time (after the STaTiC chain has caught up to the Founders chain) the chains will be twins (mirrored). At this point, the STaTiC nodes will show their special powers because they will be running two different clients at the same time; one for the Founders chain and one for the STaTiC chain.

In other words, the two chains will communicate with each other through the STaTiC nodes until EVERYTHING is verified to be 100% accurate and 100% in working order.


After this, we will begin moving towards the NEXT milestone and YES, your STaTiC nodes will be paying you at this point. There are no deadlines here though. Borzalom works as fast as he can without jeopardizing XtraBYtes and all of our investments.

It is also important to make note to all FUDsters that we have always maintained that the STaTiC nodes would be turned on AFTER the 50.000 block. This has not changed… We have now been able to clarify things because as always mentioned, this is all experimental and it is NOT possible to plan so far ahead. Things have to be adjusted to make them work sometimes and now we know how this will be done and have revealed a more detailed description of what is happening to get the STaTiC nodes fired up.

Additionally, there are people who are waiting to start getting paid by the STaTiC nodes. We must be patient with this also… The main income coming from STaTiC nodes is from SERVICES, not transaction fees. The fees will be part of it of course, but the real earnings come with the services. The FIRST thing we need before the services come is a STABLE STaTiC network. There are MANY services planned for the future and storage is one of these. This is why the name is XtraBYtes, as opposed to something strictly storage related.

This is a LONG TERM project and everyone who understands this will be patient and enjoy the long term benefits. Others will fall by the wayside and we understand that. Just keep in mind that we are building a corporation here, not a fast money return P&D coin. Once the services start coming online, this is when the STaTiCs will start to earn the REAL profits.

Life is about choices!

Thank you all for your patience, support and understanding Smiley

Dave, Zoltan and the entire DEV TEAM



sr. member
Activity: 602
Merit: 255
Hello Everyone!

Very busy the last few days with setting up STaTiC nodes and making videos...

Here is the latest video to help everyone understand what will happen after the 50.000 block:

https://youtu.be/VnweayYyhlQ

We will also post the written format in 30 minutes for everyone to read on their own.

Thank you for your patience, now and in the future!

sr. member
Activity: 392
Merit: 250
Anyone getting profits from nodes can post it here? Like what amount of rewards/day.
Only registration process till 50k block, after that nodes will start giving profits.
member
Activity: 83
Merit: 10
Anyone getting profits from nodes can post it here? Like what amount of rewards/day.
sr. member
Activity: 336
Merit: 250
I invested more into XBY Smiley Exciting times ahead! The future is looking very bright for this coin in my opinion.
newbie
Activity: 2
Merit: 0
I successfully setup a deposit wallet and registered a static node.

How do I setup the static node worker now ? I don't understand what I have to leave running ?
full member
Activity: 384
Merit: 103
I got all my XBY off YOBIT. Personally I feel very relieved. I stopped feeling like I could trust the site. Its seems to defend too many scammers there.


I won't ever go back to YOBIT.


We need to get onto Bittrex not to increase the price but for security of trading XBY.
member
Activity: 92
Merit: 10
This is getting ridiculous. I created 2 nodes. 1 is working fine. 1 is not coming up as registered on http://borzalom.hu/static-list.html. I've been asking for help for days on the slack and in previously in this thread, and no one is responding. Who are the actual XBY reps that I can reach out to in order to get this resolved? Please message me as this is urgent and I want both nodes working before we hit the 50k block.


You can't register 2 nodes on same IP address. IF you are, I recommend you apologise for scatter attacking everyone for your own mistake, people have been told a MILLION times they can only register one per wallet.

On the slack or all I see is people helping others to set up nodes. If you are using a different PC then maybe you made a mistake so break the node and start again.

2 different IPs used, I don't have a static IP. I had to break the node and restart again anyway. No shit it's 1 deposit wallet per node. I went beyond that and had 1 spendable wallet per node as well so I could track individual earnings. No idea why it did not register. I broke the node and re-did everything and it worked.
full member
Activity: 384
Merit: 103
This is getting ridiculous. I created 2 nodes. 1 is working fine. 1 is not coming up as registered on http://borzalom.hu/static-list.html. I've been asking for help for days on the slack and in previously in this thread, and no one is responding. Who are the actual XBY reps that I can reach out to in order to get this resolved? Please message me as this is urgent and I want both nodes working before we hit the 50k block.


You can't register 2 nodes on same IP address. IF you are, I recommend you apologise for scatter attacking everyone for your own mistake, people have been told a MILLION times they can only register one per wallet.

On the slack or all I see is people helping others to set up nodes. If you are using a different PC then maybe you made a mistake so break the node and start again.
member
Activity: 92
Merit: 10
This is getting ridiculous. I created 2 nodes. 1 is working fine. 1 is not coming up as registered on http://borzalom.hu/static-list.html. I've been asking for help for days on the slack and in previously in this thread, and no one is responding. Who are the actual XBY reps that I can reach out to in order to get this resolved? Please message me as this is urgent and I want both nodes working before we hit the 50k block.
full member
Activity: 207
Merit: 100
Do I need 3 wallets? I see theres a spendable, a deposit, and an earnings.

Cant I just use my spendable as my earnings wallet and just have 2 wallets?

Also if my machine goes down, does my node go bye bye or will it stay there until I turn my machine back on? Also do I need to keep a file running or something to have my node stay online?

The minimum of wallets you will have for first setup is 3. Your main (spendable ) wallet, deposit and static wallet.  Deposit is the one holding the 500k XBY. Static will be coupled to deposit and static will be the one that needs to be online. CC suggested a 4th wallet so it is easier to keep track  how much you are earning from running the Static but you can use spendable if you want too. If you do so you will have 3 wallets with earnings 4.

If your machine goes down the wallet will still be there  so just turn on back your machine and run Static again. Static wallet is the one you will need to run to earn XBY.  If your node goes offline you won't be earning anything untill you run it again.
newbie
Activity: 53
Merit: 0
I just saw this coin in Bittrex voting system if you have an account in Bittrex why not vote for XtraBYtes still a long way but you can vote every 30 days only,another option is Novaexchange with a growing community this can easily get in.

Where is that ? i want vote
sr. member
Activity: 375
Merit: 250
I don't personally know the answer to your question but you might want to check out this video on how to set up your wallets

https://www.youtube.com/watch?v=LAY4cvMAao4&feature=youtu.be

Do I need 3 wallets? I see theres a spendable, a deposit, and an earnings.

Cant I just use my spendable as my earnings wallet and just have 2 wallets?

Also if my machine goes down, does my node go bye bye or will it stay there until I turn my machine back on? Also do I need to keep a file running or something to have my node stay online?
newbie
Activity: 11
Merit: 0
Do I need 3 wallets? I see theres a spendable, a deposit, and an earnings.

Cant I just use my spendable as my earnings wallet and just have 2 wallets?

Also if my machine goes down, does my node go bye bye or will it stay there until I turn my machine back on? Also do I need to keep a file running or something to have my node stay online?
sr. member
Activity: 536
Merit: 250
Hi!

Just bought 500k+ xby's to setup a static node. I have couple questions.

1. I have been reading that you can't setup a static node after block 50k, is that true?

2. Can I move the static node once it's set up, or is the machine it's set up on the final place?

3. Does the machine need to be online for 24/7 to collect the fees?

Thanks!
1.no, After 50k blocks, you can continue to set up

2.sorry, dont understand what you mean Cheesy

3.yes,
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