Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 287. (Read 371156 times)

Its funny how really shit coin scams never get people moaning about the little stuff on their threads. I accept some stupid FUD like this coin is shit it will dump etc as par the course but its the subtle criticism that is the real FUD usually. Saying that, people should be allowed to voice criticism IF its legitimate. The last thing you want is a thread of hyped up sycophants.


Just wanted to say, if people are buying on Yobit try to put a small amount of BTC on the buy wall, everyone putting .1 btc even will add up.  It discourages the fake dumpers trying to drag the market down artificially. And if they do dump then you get coins cheaper. Ive found even 1-2 btc completely stops fake dumps cause most of the people who want the price down dont have much, I would feel sorry for them but they want YOUR coins cheap and most aren't going to hold long term anyway.  They should just buy and not play around...but this is Yobit so I dont expect that anytime soon.

By then you will complain that coins are too expensive or find someone other stupid reason to complain. Go away

Just a reminder - to be invited to the slack: https://young-basin-20186.herokuapp.com/

CONTEST UPDATE - 7100 XBY in Pool

We are conducting a contest over the weekend where you can win some XBY if your entry is chosen for #1 new Slogan by the XtraBYtes Community. This all started yesterday with the following entry and suggestion:

One of our valued XtraBYtes Community Corporation members tabled a suggestion last night:

Quote:
"We got to take the word DATABASE off the OP title. I would read that and think ok so it's some kind of collection of people's records or something. It's not sexy... the heading needs a more attractive wording, the last word is database so it looks like the project is basically a database." :EndQuote

And, since the "decentralized shared storage" is not going to be the ONLY thing XtraBYtes offers in the future, I believe it would be very good for us to not categorize ourselves with a mundane word like "database". So, we are looking to come up with something more: appealing, accurately descriptive and of course, sexy...

I decided to "temporarily" change the word to REVOLUTION because from a big picture perspective, we are going to revolutionize the crypto world, in many ways...

But, what are your thoughts??

XtraBYtes will offer many different services on our blockchain... anything that is: marketable, attractive, profitable and possible (blockchain capable) will eventually be made available.



Let's get creative folks!!

The WINNING word will result in winning half the prize pool and the other half will go to the Community Fund. Therefore, once the competition begins, we will collect all the names until midnight GMT on Sunday and then from this we will choose (we being the XtraBYtes Discussion Board) the top 5 and you can decide the winning word with a final vote.

SUPER SYSTEM & REVOLUTION are my 2 entries and they are obvious ones after much discussion, so we will pull these from the bidding before we start...  If I win... the entire prize pool goes to the Community Fund. But let's have a bit of FUN and see what else comes to mind.



CONTEST DETAILS

The winning entry will get half of the prize pool and I will match the total with an additional 30% and others can follow suit if they so choose.

The entry is 1000 XBY per word (word combination). So, in other words, don't send in "Super System" and "Revolution" on the same ticket... we will only accept the first word combination or first word. If you have more ideas, send in more entries. This increases your chances to win if you have good ideas and if you lose you are contributing 50% to the community fund regardless and this is destined for future projects or benefits for XtraBYTes.

Instructions:

Send 1000 XBY to this address: BGNEYsQRK34pb6Yma5mFYwh9Sk9T5thjJV (Dedicated wallet for Contests that I am controlling)

Then provide your transaction ID which looks like this:
TXID: 794255e75779db8f12f72f1b4894599c5409a4a88acc061217ef1a4a39c9698b

Also include your SUBMITED NAME: XXXXXXXXX

Included in a PM to me with the subject line: Contest

This is a Community Brainstorming Session in which we will show you the entries to help stimulate some new thoughts, additional ideas and participation. Also, it is totally legit to take someones word and add to it or change the words - this is what brainstorming is all about...

As you can see below from the first 4 entries, one of the participants dropped the word "Blockchain" and another changed the slogan completely... You can do whatever you want, except change the name or the lettering of XtraBYtes - this is our brand and brand design to highlight XBY, which is the driving force behind all the profits now and in the future.


Entries thus far:

c4fed62bc92cc1a59d5461c2102563cd63a1d64aee6a80ec534ffdc6750f4834
XtraBYtes - The Proof of Signature Blockchain Revolution

24ec5fe5312a82632451d6635cb89a4cc0e49621f7840c5a195bb954e7085672
XtraBYtes - The Proof of Signature Blockchain Super System

2075a1c8dd9c8c822185673d5740b5fc278b66b5c0f0c2db270058532d1ef651
XtraBYtes - The Proof of Signature GLOBAL NOTARY

f49dc07e610fe5237d2aee7dad8ad46317e15c12b9e70fabed21687158ebac73
XtraBYtes - Real People, Real Code, Real BYTE

19522efcf8eaaeb2c4fa41f55e9eaba5f0b92a02093441d7e93bbbdc4befd33f (member sent 2000 XBY)
Name -1) XtraBYtes - The Proof of Signature Blockchain Innovation
          2) XtraBYtes - Innovative Blockchain with Proof of Signature

52d623dff92fda68ef8cf3943bcae7e387cd81c3dcd696fc22f61707f76c25a2
XtraBYtes: A Consensus Revolution



Remember, its only 1000 XBY per entry... and you have a chance to win!! and even if you don't win, 50% of the prize will go to the Community FEES address @ BLocksFEE4ProofofSignatureXXYF3VQ3 (Additional contributions are always welcome + this is a locked address that nobody has access to and it will eventually be opened once the XtraBYtes Community Corporation decides how to spend those coins)

You can watch both addresses from here as they grow: http://borzalom.hu/richlist.html

The contest will end on Sunday night: 23:59:59 GMT

We will then compile the top 5 and a vote will be set up for Monday...

Good Luck!!

How we got listed on Yobit. I think it's free listing there. XtraBytes website domain registration also free. We will only complain about transaction fee's while knowing that transaction fee's go to community which will be used for further developments. Somebody complains about website not attractive, logo OP, whitepaper and list goes on. I think the easiest way to help the community is by giving 100 xby in transaction fee's for which I will never complain knowing that in future the transaction fee's will be reduced.

XtraBYtes - A Paradigm Shift In Blockchain Consensus

It is dynamic. It will be changed as the price changes.

And obviously there will be a lot less NODES than wallets even if XBY grows massive. I heard a dash Node while costing like 100btc pays out like 1btc a day or something. Nodes pay well is my point.


I'm not sure on this but I think nodes will also pass hands in the future. If someone wants to sell their coins and get rid of the node they can also sell it to someone else. So not only can you earn from a node, you can also sell them. Which as they are actually Free (i.e. you don't lose any capital having one, just store it) thats actually a great deal and anyone who thinks of XBY as a longer term investment really has no reason not to have their coins in nodes.

Are you able to run multiple nodes from the same computer?  How are people running multiple nodes?

Send me your adress mail. PM

It's different because the Static Nodes are sharing the 100 XBY fee for transfers. In my eyes, 100XBY is too much and needs to be changed. It might not seem like much now but if the price rises to 1$, it's not scalable. The transaction price should be dynamic. It's a complex thing to pull off though because you want to create incentives for holding Static Nodes, but you don't want to charge too much either. Since the project is in its infancy, then I am sure it will be revised eventually.

In any case, XBY has no premine and no post-mine. All coins that will exist are created and are available to everyone through the exchanges. Nodes share the 100XBY reward between one another.

Staking on the other hand "mints" new currency by allowing holders of the coin to participate in the consensus mechanism. They are in turn rewarded for solving a block. It's much different from XBY's Proof of Signature.

Although I haven't seen a whitepaper and I can't verify that POSign works or exists.

I can't find info how profitable is node?

All nodes are rewarded with same amount of SHOCK and you have to deposit 1.000.000 which is 2.200$ today.

Correct me if I am wrong.

How different is that from staking?   

Well only a certain number of nodes are necessary or even possible, leave that to the more technical if you really don't feel comfortable with it. Also making a node is pretty complicated for all coins, its about as easy as it gets from the XBY wallet.  For everyone else, the average user its no different to using Bitcoin.

Static nodes are great.  But there are many steps involved and a little bit scary (at least for me).  If this coin is to be more widely adopted, it must become easier to work with.  Just my two XBY...

Its complicated. A scammer did did an ICO on CCEX. (BITMOX) you can find it on the forums here. Two people from the investors who lost money talked together and requested the wallet on CCEX was forked, a developer and a marketeer. The developer had some long incubating ideas he wanted to try. XtraBYtes was born. Its a pretty unique and positive story. Anyway it sat on Yobit for a week at very low prices 1-15sats then the developer revealed the roadmap for static nodes and it blew up in a matter of days. This happened only 2 weeks ago. I was lucky to buy some around 40 sats. But I would say at 1.5m market cap in my opinion is an absolute golden ticket.

The only reason the price hasn't gone up more is heavy manipulation on Yobit and the static node system hasn't gone live yet but should do in around 10 days after 50k block.


This was an early thread when the community was trying to recover after the scam. Its a unique story and an even more unique coin. I sense it could be one of the big stories in Crypto this year.

https://bitcointalksearch.org/topic/news-xtrabytes-project-1793468

What is the ICO price?

Its ok now...

You can pm CCRevolution your mail, he will invite you!

Yeah why is wallet showing this on Yobit?


Wallet status: Delayed (39922 blocks)

Love it.