[NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER

[fishfishfish313]

Tell me, please, does the PoS work now? or will it work?

I want to understand if there are coins in my wallet, if I keep it all the time, will I get an income or not? Wallet will be online
===
I would also like to understand the difference. Besides the name, does your static node differ from Master Node in the understanding of Dash?

Hi! XTRABYTES is not a Proof of Stake coin.  It utilizes a new consensus algorithm called Proof of Signature.  You can read about it on the FAQ on the community forum: https://community.xtrabytes.global/faq/

Here is one part of that FAQ:

What are the benefits of owning a STATIC node?

STATIC nodes secure the network, as they all sign off on transactions, while providing a bedrock for everything built on top of the platform. STATIC node holders earn transaction fees and service fees from modules that are built upon XTRABYTES, giving them the economic incentive to operate a node.

[g0rg]

Tell me, please, does the PoS work now? or will it work?

I want to understand if there are coins in my wallet, if I keep it all the time, will I get an income or not? Wallet will be online
===
I would also like to understand the difference. Besides the name, does your static node differ from Master Node in the understanding of Dash?

Hi! XTRABYTES is not a Proof of Stake coin.  It utilizes a new consensus algorithm called Proof of Signature.  You can read about it on the FAQ on the community forum: https://community.xtrabytes.global/faq/

Here is one part of that FAQ:

What are the benefits of owning a STATIC node?

STATIC nodes secure the network, as they all sign off on transactions, while providing a bedrock for everything built on top of the platform. STATIC node holders earn transaction fees and service fees from modules that are built upon XTRABYTES, giving them the economic incentive to operate a node.

I will agree with vovannovig. There is no proof or difference of this cryptocurrency from POS-working other now.

[Neversettle]

its realy great see u in this page.., I'm looking farward to associate with u

What are you talking about? Are you sure you are in the right place for the nonsense you are posting?

Don't pay attention to those freaks. They are posting nonstop on any thread.

i think they are mostly bots. or got their standard sentences which they post in every thread.

either way i really like how informative the new forum is. well done

[pawout]

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

[aarell]

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

Not sure but near about 100-150 million, CCR had posted the calculations in slack but I don't remember.

[pawout]

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

Not sure but near about 100-150 million, CCR had posted the calculations in slack but I don't remember.

Ok thanx!

[SupremeGoose]

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

Approximately 122 Million after all nodes are filled.

-----------------------

We seek more people to join the TestNet, more info is here: How to participate in XCITE 5000 block test

Thank you.

[Justaguy2]

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

Coinmarketcap states a total of 650,000,000 XBY

[Priest Sannin]

good afternoon, so the "XTRABYTES" platform would serve to develop an application to be used through a smatphone and made available through "google play" and "apple store"?

[dedby]

wat fintech event biorz go to ccr?

you liar! he not go any

[coinnewb1]

its realy great see u in this page.., I'm looking farward to associate with u

What are you talking about? Are you sure you are in the right place for the nonsense you are posting?

Don't pay attention to those freaks. They are posting nonstop on any thread.

i seen many posts like that in other threads today. are they bots or trying to sell accounts?

[lijoe408]

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

Not sure but near about 100-150 million, CCR had posted the calculations in slack but I don't remember.

The question i've asked time and time again, but seems to be ignored is how can anyone guarantee that these nodes will be filled? In any market there is an equilibrium that is reached between the number of masternodes filled vs price of the coin.  How does the XBY team come up this number and the assumption that all the nodes will be filled?  This is the most basic question that noone seems to have an answer for or even bother addressing?  This is a red flag since this is one of the justifications used to create xfuel to begin with.  I'm not even trying to fud, but i'm wondering why noone is asking this basic question, or if there is an answer for it somewhere.

[coinnewb1]

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

Not sure but near about 100-150 million, CCR had posted the calculations in slack but I don't remember.

The question i've asked time and time again, but seems to be ignored is how can anyone guarantee that these nodes will be filled? In any market there is an equilibrium that is reached between the number of masternodes filled vs price of the coin.  How does the XBY team come up this number and the assumption that all the nodes will be filled?  This is the most basic question that noone seems to have an answer for or even bother addressing?  This is a red flag since this is one of the justifications used to create xfuel to begin with.  I'm not even trying to fud, but i'm wondering why noone is asking this basic question, or if there is an answer for it somewhere.

nothing is guaranteed, it is just a hypothetical max number that would be optimal/target. no one guarantee anything. could be 50%, 75% filled etc

[coinnewb1]

good afternoon, so the "XTRABYTES" platform would serve to develop an application to be used through a smatphone and made available through "google play" and "apple store"?

it not specific for mobile development, but that just an example to show what dapp integration will be like

[bigboss154]

This blockchain tech is the most undervalued out there, and the best...

it is definetly one of the most undervalued compared to their tech. i think 2018 will be a good year  

Yes, i am totally new to this projekt, since yesterday, but after reading up on it it got me very excited about the projekt, the growing team and the growing community. When/if the stresstest 10k/s is successful, it will be very big news. Listing XBY on bigger exchanges is a must eventually, but i think that it is good to have XBY listed on a big exchange like Bittrex, HitBTC, Polinex before the stresstest is done to not miss out on interest from big investors when the test is done. The current low mcap has only to do with the current exchanges and perhaps to little marketing. So I propose:

1. Donations from community for listning on bigger exchange or Xfuel sale/offer for kapital in BTC for listning on bigger exchange
2. Xfuel bounty for marketing, best marketing plan and putting into action.

What does the community say?

We agree that we need bigger exchanges, but we think that our changes of actually getting listed on exchanges such as Bittrex are better when we have working tech to proof this is a great coin  

Yes that is true, working tech.

You can vote here for XBY to be listed on a new exchange in Dubai, palmex:

https://twitter.com/PalmExchange

What is Dubai's stance on crypto, hopefully exchanges there don't get seized.

Dubai is creating own crypto called emcash, but i dont know how the future will look for other crypto there. Bitoasis exchange has been there for a while. There is a lot of interest in blockchain tech in the UAE region, many starups. The islamic bank, government on blockchain is the goal, official announcement.

I believe national cryptos will have a pretty hard time because they introduce centralization element which ultimately are against the core concepts of crypto. Xtrabytes is a real decentralized currency so yeah, I am quite sure that this has a much brighter future than any national approach to crypto.

National coins make zero sense, what would be the difference between it and a central bank, how much regulation would it have?

[Fatoshi]

How many circulating XBY will there be when all the static nodes are locked lvl1, lvl2, lvl3?

Not sure but near about 100-150 million, CCR had posted the calculations in slack but I don't remember.

The question i've asked time and time again, but seems to be ignored is how can anyone guarantee that these nodes will be filled? In any market there is an equilibrium that is reached between the number of masternodes filled vs price of the coin.  How does the XBY team come up this number and the assumption that all the nodes will be filled?  This is the most basic question that noone seems to have an answer for or even bother addressing?  This is a red flag since this is one of the justifications used to create xfuel to begin with.  I'm not even trying to fud, but i'm wondering why noone is asking this basic question, or if there is an answer for it somewhere.

Like somone already said its simply the max limit if all three levels of nodes are filled. If you want to talk about anyone ignoring questions and you genuinely want to engage with an adult convesatuon then you side of that bargain is you have to listen to the answers.

So yeah its simply the max limit but I will also add my personal opinion to why most if not all will quite easily be filled.

1. Level 1 nodes even though the project was in early days had a huge demand for nodes...i think 512 which is a hell of a lot considering theywere 500k each even though the price was differnet to now they werent cheap.

2. Most of those nodes have not been broken even with the ups and downs of the project.

3. Nodes will be made and broken over time that simply how the system works...no one is trapped into keeping them. I also think as people see they can earn a good return from owning a node and free nodes become more scarce then people will be reluctant to break a node as they cant gurantee they can form a node again later. Node owning will likely have a premium...thats the free market.

4. The nodes dont cost anything (maybe some trasnfer fees for new lv1 though) they are simply held coins earning extra xby so the motivation is there for large holders and that wont change even if node sizes change over time.

5. This is the big one...nodes will earn fees like other nodes BUT more importantly they will earn from all the service fees from coperating daaps using the xby token. As the platform grows then obviously those service fees will grow so owing one will be potentially incredibly profitable far beyond any masternode. So yes a level node might end up being worth even a few million dollars but also they will earn possibly as much as a small company in service fees. Of course we dont know how big xby will get but the ratio to service fees and daaps to value of xby is gonna be related and will scale up.

6. Nodes particularly lv2 and lv3 are still dirt cheap...or at least will be dirt cheap. Even a level 1 node is still only a couple of bitcoin....cheap if you compare to say a dash node.

7. Lastly node owning is not for everyone. A few thousand nodes will be available probably forever. So as rime goes on it wont be for the average guy just like the avwrage guy doesnt own 20k bitcoin......but these people do exist. There is talk of splitting nodes when they become more expensiive but also im sure if they produce good returns then you might even see large companies owning one or even groups of investors owning one as part of a fund etc.

The Fatoshi High Yield Node Tracker Fund....hmm I like the sound of that.  


Ive said it before and its why I havent sold a single xby is because this is not like some niche ico token. This is a platform that will earn xby as an ACCUMULATE of all daaps that plug into the ecosystem. Who knows as companies we know today decide to plug into the platform as an alternative to the advertising model used today you as a node owner have a stake in all their future profits. Its this compound profit of future dapps that make xby a no brainer. You got to be able to logically imagine the future to get xby.. If you cant im sure there are some 100m priced niche ICOs that wont even get used in the future you can buy right now if you want. Lol.

[dedby]

what fintech event? name it

ccr liar

[mapie88]

what fintech event? name it

ccr liar

Just get a life, will you? And study english a bit more.

[PGPpfKkx]

I am new here,bought in yesterday. can someone ELLI5 how many coins do I need to have to run a static node?

[enkiamo]

I am new here,bought in yesterday. can someone ELLI5 how many coins do I need to have to run a static node?

https://community.xtrabytes.global/faq/how-much-for-a-static-node.76/

Here are the answers to some other common questions.

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