Topic: [NEW XBY ANN] XTRABYTES - THE BLOCKCHAIN EVOLUTION CONTINUES - page 12. (Read 10939 times)

January 24th - Results of first coordinated stress-test in testnet #3


XTRABYTES wants to thank all of the testnet #3 participants for their time and effort. We had a great time meeting many of you, chatting up a storm, and conducting a fantastic testnet. So let’s get right to the details!

Steps taken prior to testnet

An important distinction must be made between our results from January 24th’s coordinated strike and Testnet #2 conducted last year. But before moving forward, let us explain the two options our developers were faced with before commencing the event:

Use the sendmany() command for transactions
Use the tools provided in the testnet wallet for transactions

We wanted to stress-test our network, therefore the sendmany() command was not used. In short, sendmany() creates 1 transaction with however many addresses you insert as total outputs. This process was used in testnet #2. These outputs are still processed by the network as they deliver the specified amounts to the respective addresses, and are perceived as transactions in essence. However, this is effectively just a way to show high numbers without simulating a real-world environment. We have therefore opted to test using the tools instead. These numbers can unfortunately not be compared to testnet #2 as they are completely different. Therefore, we will use both the sendmany() and the tools on our next coordinated stress-test on Saturday, January 27th. Currently, there is a lot of confusion regarding these numbers and differences in transactions, and we hope to be able to give a clear insight on what the actual difference is in a separate article.

Details about the wallet & the old chain

Our current testnet wallet utilizes a lot of the Bitcoin clone code. This code is outdated with a lot of disadvantages, effectively not designed for high throughputs, as we have all witnessed. First, let us address a few basics:

For the testwallet, a PoW factor (mining) was still implemented to have a healthy supply of circulating XBY. Aside from that, the old code was always relying on Proof-of-Work (PoW), these code parts have been removed and have been replaced by the Proof-of-Signature (PoSign) code. This means that no mining or staking process is needed and nodes can sign off on the transactions. Further details will become available with the patent. We are held back by this old code because it has severe limitations, most importantly:

Block creation time: The block creation times in the old code are variable, with a minimum of 60 seconds per block. This value was implemented to prevent e.g. orphan blocks and chain splitting, acting as an additional security measurement.
The old code does not contain the core parts of the code, which are the VITALS and PULSE systems. This means that we are unable to ping the other nodes in the network to sign off on transactions, leading to slow block creations.
All transactions are stored in the wallet.dat file, causing a high amount of disk transactions and fragmentation of the wallet.

Results from testnet

The Bitcoin protocol runs at 2 - 7 transactions/second. By simply changing the code to run off the PoSign algorithm, we were able to increase these numbers to more than double, reaching more than 23 transactions/second, proving that the new algorithm is indeed more efficient than Bitcoin’s. This reassures us that the ability of the technology with all its components can indeed reach the desired tps figure of our marketed 10.000+ transactions/second. Remember that these numbers cannot be compared to our previous testnet, as we used different spamming tools. With this stress-test we have confirmed the limits of this old protocol, and it has provided us with more details to work with.

For our second coordinated strike, we will utilize both tools available, starting with a sendmany(). After finishing round one we will once again use the provided tools to check a more real-life environment.

Closing

Again, we want to send a massive thanks to the XTRABYTES community! We hope you (and your friends and family) will help us again for our next coordinated testnet event on:

Saturday, January 27th @ 21:00 GMT+0

Best,

The XTRABYTES Team

No set date at this time. But you are more than welcome to join us in Discord for the 2nd Coordinated Network Strike Event.  

http://join.xtrabytes.chat/

We have a link for assistance if you wish to participate:

https://testnet.xtrabytes.global/

After the first network spamming event, there was an impromptu Q and A session on voice chat in the Discord.   Join us guys!!!

They must still be on vacation lol...haven't updated the wallet. Meh shitty exchange anyways, Blacklisted it on my firewall 

 only for some reason the volume of trade on exchanges is constantly decreasing

Withdraw fee still 50 xby on c-cex

looks like a very promising coin

Does this project have a set date for the mainnet launch?

Damn how nice the X-Cite Wallet looks like. Really curious to see first testnet results. Keep up the good work guys!

XTRABYTES is a very good and innovative project, a project that has a detailed explanation and a good concept and has a clear purpose. I love this project

I've only played around with the Android version (with limited functionality) which was released as part of the testnet. That worked pretty well though 

Pretty cool teaser!

Edit: Takes a little while to load

There will be an announcement today regarding the coordinated test.

How did the coordinated strike/stress test go?

What kind of tailored applications you will give developers to develop?

What is the target day for the main net?  I'm wondering how many testnets are there going to be before we get an inclining of when the main net finally launches.

January 24, 2018 @ 9pm GMT +0

People are getting ready in the Discord.

Hope to see some of you guys in there. 

http://join.xtrabytes.chat/

I had same situation once on yobit but next day everything was alright, you might try to send them a ticket.

Come on people and join testnet!

uuh sounds weird. but nothing happend to mine. they are still there

I expect it.

Have you looked at your last orders (have they been sold?). Their wallet is still down, so they can't have transferred. We can't do that much here, but I suggest you reach out to YoBit support.