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Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER - page 323. (Read 371156 times)

sr. member
Activity: 602
Merit: 255
this is a great project i think also

Thank you and welcome to XtraBYtes!!

newbie
Activity: 62
Merit: 0
this is a great project i think also
sr. member
Activity: 602
Merit: 255
Just saw this project and seems amazing. I'm investing in this one. Good for the long term.

Thank you MMS! Welcome to XtraBYtes!!




sr. member
Activity: 602
Merit: 255
My Question:

OPTIONAL

6.) Creating EARNINGS Wallet:

              a.) Type the following commands: mkdir earnings (click enter) [Please notice the name of the directory now... this is the EARNINGS directory and this is where you could send all your SHOCK earnings if you wish to keep them separate from your MAIN SPENDABLE wallet.]
              d.) Type the following commands: w6xupxtrabytes-qt.exe -datadir=earnings (click enter) [Now a new version of the XtraBYtes wallet will start and this will be empty (assuming you have coins in your MAIN "spendable" wallet) and therefore it is a completely different wallet.]
              e.) Copy-paste your RECEIVE address and IDENTIFY it as your EARNINGS wallet.
              f.) You can use this wallet address for your STaTiC registration and if you have multiple wallets, you can use this same address for all your SHOCK rewards to be deposited from each of your STaTiC nodes.

Should this receive adress from step 6) be inserted in the spendable wallet address of the static nodes?
              g.) Close the wallet

Yes, this is done if you wish to have a SEPARATE wallet to know your income without having to sift through your transactions on the MAIN wallet.

Keep in mind that when you download the QT for the first time, this creates a wallet... this is what we call the MAIN wallet and this can also be your SPENDABLE wallet if you do not wish to create another. The system will default to this address for payment if you do not specify the EARNINGS wallet for payment in the STaTiC node setup.

sr. member
Activity: 602
Merit: 255
I have a question:

Whats the benefit for a user to setup a static node. I mean from a technical point of view, i understand the necessity, but from a user perspective why should i setup one? Maybe i am missing something but didnt see any benefit for the regular Joe to setup one.

You receive an income, with nodes normally a very good one.

Yes, thank you for your assistance Troy.

In the not too distant future, XtraBYtes will begin selling decentralized shared hosting to the internet market. This will compete with large "centralized" companies that offer online storage and these companies are effectively hackable because they have a central location and point of attack. Therefore, this is not the best solution for people with sensitive documents and everyone knows this.

XtraBYtes will compete with other companies in the crypto world that offer "decentralized" online storage, which are NOT hackable because there is no central point of attack.

Without getting into more details or comparisons, I will just say that our closest competitor charges 1.5 cents USD per GB per month and 5 cents USD per GB downloaded.

All these fees are included in what the STaTiC nodes will be paid.

Each ONLINE STaTiC node during the block groups will be paid an EQUAL share of these profits.

There is no corporation set up yet, but we believe there will be something in place (will be decided by the committee we are forming) and whatever expenses occur from the corporation will obviously take away from the profits... However, a corporate face can and will skyrocket XtraBYtes into the mainstream, which means higher and higher XBY prices and this in turn increases the SALEABLE value of your STaTiC node as an income producing asset..

So, all of this is being constructed at this point, but this is the direction we are heading.

Thank you for your great question!!

sr. member
Activity: 602
Merit: 255
Good day Everyone!

There have been some fantastic ideas and suggestions, along with endorsements and other ideas over the last 36 hours since we released our info. Thank you all for this support and encouragement!!

As we have always maintained and will forever maintain... XtraBYtes is a community coin and together we will build success.

With that said, I want to start assembling the committee that was suggested by CCNCCN a few days back. Anyone interested in taking part in some of the higher level decision making, in addition to Borzalom, myself and CCNCCN, please contact me by PM or join us in the Slack @ https://xtrabytes.slack.com/shared_invite/MTcwODkwNDUzMDU2LTE0OTI2MjQ2NzktYTAxZTFlYTUzOA .

Please be advised that your access to the committee requires an external wallet with sufficient XBY to own at least 1 STaTiC node (1.000.100 plus fees).

Thank you and have an AWESOME day!!

newbie
Activity: 48
Merit: 0
I have a question:

Whats the benefit for a user to setup a static node. I mean from a technical point of view, i understand the necessity, but from a user perspective why should i setup one? Maybe i am missing something but didnt see any benefit for the regular Joe to setup one.


You receive an income, with nodes normally a very good one.
full member
Activity: 158
Merit: 100
I have a question:

Whats the benefit for a user to setup a static node. I mean from a technical point of view, i understand the necessity, but from a user perspective why should i setup one? Maybe i am missing something but didnt see any benefit for the regular Joe to setup one.
full member
Activity: 169
Merit: 100

Probably a question for the developer in the slack.

Anyone have a link to the rich list?

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newbie
Activity: 48
Merit: 0
Proof of Signature Basic Introduction
The PoSign Mining is very easy to understand....


Isn't the tradeoff with static nodes is this coin becomes more centralized relative to bitcoin, to a max number of 650 static nodes?

How will static nodes handle DDOS protection?

If there is a price spike and 90% of static nodes owners liquidate, won't the network be much less secure?

Long term turnover of static nodes will eat away at the static node count over time. I don't think freezing the static node count from an early block is a good idea.

Sooner or later you will have to deal with turnover. You could setup a lottery, or static nodes compete on price, or a first come first serve basis: i.e. 300 nodes max, if the number drops below 300 then the wallet that has been signalling for static node upgrade the longest is upgraded to static node on the network.



Probably a question for the developer in the slack.

Anyone have a link to the rich list?
newbie
Activity: 48
Merit: 0
We need to get Xtrabytes on Coin Telegraph, I'm sure that will explode the price. Dev can you look into that. Just to spread the word.


Normally I would say making a forum once a coin has matured is a good idea but i think even soon a dedicated forum would be a good idea.
full member
Activity: 158
Merit: 100
We need to get Xtrabytes on Coin Telegraph, I'm sure that will explode the price. Dev can you look into that. Just to spread the word.
full member
Activity: 158
Merit: 100
My Question:

OPTIONAL

6.) Creating EARNINGS Wallet:

              a.) Type the following commands: mkdir earnings (click enter) [Please notice the name of the directory now... this is the EARNINGS directory and this is where you could send all your SHOCK earnings if you wish to keep them separate from your MAIN SPENDABLE wallet.]
              d.) Type the following commands: w6xupxtrabytes-qt.exe -datadir=earnings (click enter) [Now a new version of the XtraBYtes wallet will start and this will be empty (assuming you have coins in your MAIN "spendable" wallet) and therefore it is a completely different wallet.]
              e.) Copy-paste your RECEIVE address and IDENTIFY it as your EARNINGS wallet.
              f.) You can use this wallet address for your STaTiC registration and if you have multiple wallets, you can use this same address for all your SHOCK rewards to be deposited from each of your STaTiC nodes.

Should this receive adress from step 6) be inserted in the spendable wallet address of the static nodes?
              g.) Close the wallet
full member
Activity: 384
Merit: 103
XBY is posted among the hottest BTC markets in C-CEX. One of the top trading volume coins on Yobit too. That's interesting, looks like the coin has been drawing some attention lately (or someone been using his funds to create the appearance of that). Still waiting for further explanation from devs about PoSign and stuff

it all sounds good in theory, a little bit too good honestly i just wonder if they have plans to actually make it or just keep the plates spinning till they can dump?

Im serious, not fuding, just wondering what this really is...

This guy is 1000% troll... he just made a total fool of himself on our Slack:


fatoshi
11:55 AM
I'm starting to wish you guys did lose all your coins
11:55
losing to becoming arrogant in one wekk
ccrevolution
11:56 AM
Its called protecting our community... take a hike.
fatoshi
11:56 AM
ok 10% premine guy
kal1987
11:56 AM
Even if everybidy looses everything you will still be a clown fatoshi
11:56
Probably the same guy who tries to dump the price on yobit
11:57
You are a failure man and will always be
fatoshi
11:57 AM
money doesnt fit well on you Kal
ccrevolution
11:57 AM
Who knows... but he is way out of line.
11:57
Haters...
kal1987
11:57 AM
I didnt make money out of this project
fatoshi
11:58 AM
shame  you could of done with the surgery to reverse the down syndrome face.
ccrevolution
11:58 AM
Oh... look at what this person just did... OK you are officially ignored by everyone here. Bye
kal1987
11:58 AM
Lol
fatoshi
11:59 AM
bye bye Kaaaaaaaaaaaaal
kal1987
11:59 AM
Bye bye scammer see u on the yobit trollbox
ccrevolution
11:59 AM
No kidding...



you seemed to of missed out the parts where i asked you questions about distribution etc you refused to answer.


i dont understand why you are acting like a baby about distribition. the biggest whale after ccex and yobit wallets has 40m coins which is only 20 btc worth. ive bpught about 1m coins now for about 0.5btc. you can buy 1% of the coin now today for 5btc! its people own stupidity if they dont buy cause the market has been there to buy for ages and stiĺl is.

why not buy instead of acting like a fool.
full member
Activity: 154
Merit: 100
Can I suggest a new moderated thread when the team get their ducks in line and have a new website and someone to do the graphics etc. All great coins early on get FUDed to death because traders are frustrated they can't buy a large amount cheap so they want the price drop.

agree.  so have meny  fud  on xby
full member
Activity: 158
Merit: 100
Just saw this project and seems amazing. I'm investing in this one. Good for the long term.
full member
Activity: 384
Merit: 103
Can I suggest a new moderated thread when the team get their ducks in line and have a new website and someone to do the graphics etc. All great coins early on get FUDed to death because traders are frustrated they can't buy a large amount cheap so they want the price drop.



agree. I wonder if we should change the name later. its fine for crypto but its not very user friendly if average people use it.
full member
Activity: 384
Merit: 103
bought some more while at work computer. hopefully wont be fired for doing  Grin

I dont know why the price has not rocketed yet. but kind of gllad it hasnt yet.
full member
Activity: 155
Merit: 100
Can I suggest a new moderated thread when the team get their ducks in line and have a new website and someone to do the graphics etc. All great coins early on get FUDed to death because traders are frustrated they can't buy a large amount cheap so they want the price drop.
member
Activity: 105
Merit: 10
Do we have an estimate when static node registration completion will be launched?
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