Topic: [NEW XBY ANN] XTRABYTES - THE BLOCKCHAIN EVOLUTION CONTINUES - page 8. (Read 10939 times)

Vote for xby to get listed on www.eucoin.io !

Yes, there are plans. No date, as of yet, but please stay tuned.

Update on other platforms:

https://medium.com/@XTRABYTES/results-of-coordinated-strike-2-and-whats-to-come-82ca7eab0f1

https://steemit.com/cryptocurrency/@xtrabytes/results-of-testnet-coordinated-strike-2-what-s-next

Any plans to add Ledger nano support? Feeling not so good to hold XBYs in an exchange

Our blockchain was not synchronizing properly with our official wallets. After digging through the issue we discovered that one of our Virtual Private Servers had hit a 'full disk' error and was halting the network. This error can be attributed to the old chain relying on servers to accomplish block generations. To solve the issue, our developers provided additional space to the VPS thus enabling the network to synchronize and go live without any further issues. All of your coins are safe and the network is up and running as of February 4th @ 10:30 GMT +0

After releasing the information regarding the first coordinated stress-test, we announced a second strike was to come. The second strike has now concluded and the results have been processed. This will be a short announcement, as everything what had to be said regarding the testnet was already stated in our first update, which can be found here:
https://community.xtrabytes.global/threads/results-from-the-coordinated-strike-1.531/

Summary

During our first coordinated strike we simulated real-world environments (individual transactions with one output) through our test-tools. During the second strike, sendmany() commands were spammed across the network to try and simulate as much traffic as possible with the relatively small number of participants (around 100 out of 512+ registered). Many people also encountered wallet errors, ran out of funds or had other problems, yet we still managed to reach a 5x increase in transaction speeds compared to the previous strike, reaching 107 tps.

Please be aware that our new technology, including the new X-CITE wallet, is completely coded from scratch. Therefore, it will look and function completely different. This should resolve all the current issues we’re having with the wallets.

Further Analysis

In our next steps we will analyze and process the hardware specifications from the systems used for the nodes and their performance. Public github commits (https://github.com/borzalom/xcite) are also released regarding the X-CITE client (you can also follow them on our discord channel #github). As an official reply to address a concern some people have regarding the patent: we are not held back by the patent, there is plenty of development going on in the background ensuring that a high quality product can be delivered.

Last but not least, Borzalom has compiled a new testnet wallet containing extra code that requires testing. We plan to test the limits of the PoSign algorithm once more by adjusting the block parameters, with block sizes being increased to 50 MB and block times being reduced to a minimum of 6 seconds. Therefore, testnet #3 will be extended. Details for a coordinated effort will follow. The testnet block explorer and the respective transactions per second can be found at: http://xcite.xtrabytes.services/. Blocks with over 500 tps have already been registered, even though this wasn’t through an official coordinated stress-test.

As a general remark regarding which hardware specifications are best to produce high tps, it is a combination of the CPU, disk performance (SSD being obviously better than a HDD) and the chain acceptance speed. The wallet occasionally freezes due to the old chain, but will be improved with the upcoming testnet wallet.

The Next Steps

We are aiming to have two additional Coordinated Strikes at different dates and times to accommodate for global time differences using the newest wallet (version 5), which can be found at the following link by Monday, February 5th:

https://testnet.xtrabytes.global/

Please download and test it beforehand to ensure smooth operation during the actual stress-test events, which are scheduled for:

February 7th @ 9PM Eastern Standard Time (For USA Participants)

February 8th @ 9PM GMT +0 (For EU Participants)

This will hopefully be the last coordinated strike we do on our old chain before moving over to the new and improved Zoltchain.

Closing

We would like to thank all the participants again for helping XTRABYTES with our testnet. The intel gathered from these testnets is invaluable in order to create a solid product.

https://community.xtrabytes.global/threads/results-of-coordinated-strike-2-and-whats-to-come.552/

Any ideas, how much of XBY are stuck in Yobit?

Their actions or disfunctionality makes it scam exchange!

And this is just one of many coins...

A lot of good news coming out the $XBY camp as of recently, investors and potential investors should take advantage of these prices. I think XTRABYTES has Ethereum type potential. 

Yobit is scam exchange 

I sold my XBY on Yobit, switched to ETH and with ETH the withdrawal worked. Never going back to Yobit again. Got some XEM there as well, withdrawal did not work for those as well. I am just glad to be out of there. Afterwards I went to Cryptopia, where everything worked just fine.

hmm network has been stuck since yesterday...not seeing anything about it or what the issue is. Last block 385255 as of Feb 3 21:32:49 (UTC).

Any ideas why?

The X-cite wallet looks very nice.  When is the planned release?  The only thing that is lacking in this project is concrete timelines.

It's also important to note about the fees, and it's important to note that the fee structure is not finalized yet. The highest fee will be for LVL1 node registration. For LVL2 and LVL2, the registration fee will be much much lower.

Useful resources:

https://community.xtrabytes.global/faq/
https://support.xtrabytes.global/

We have contacted YoBit numerous times. At some point, they may just take the wallet out of maintenance. Then you'd really have to jump and get your coins out of there quickly.

As for as updating the wallet to the current version?  They are notoriously slow in doing so, if they decide to do it at all.

Most of us know the risks with Yobit, and still some choose to trade there. I do on rare occasions now . .

I hope you are able to move your coins off very soon.

Required deposits of STATIC nodes:

Level 1 is: 500,000 XBY or 330,000 XBY + 170,000 XFUEL

Level 2 is: 250,000 XBY or 170,000 XBY + 80,000 XFUEL

Level 3 is: 125,000 XBY or 85,000 XBY + 40,000 XFUEL

Hello can anyone help....how many coins do you need for a masternode?



Many thanks

Yep, same problem here. Funds lost would be dramatic...

Are devs in negotiations with Yobit about wallet update? My xby are in Yobit. I am afraid I am not the only one... Or we have to assume our funds lost due to Yobit lazyness, conscious or unconscious. No difference!

that github extension to discord is great. waiting for main code to be uploaded to github

When the time comes, we will be sharing the news on all channels.

For mailing list, follow this link:  

https://newsletter.xtrabytes.global/


Yes! Submit questions for the February 777 right here:

https://goo.gl/forms/MBgqOMhjTSjAOOq83

@fish and mods, you're finally becoming more open to your investors, notice how the price is rebounding hard now? if you keep it up, you can probably hit 5k sats again, but you have to make sure that you put your investors first always. With you showing open progress, it will demonstrate that XBY isn't growing solely based on speculation and hype. I'll invest a bit more now as well and keep an eye on this project...and PURE, if it ever comes to cryptopia .