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By the logic of the poster above, the Waves platform is effectively doubling all coin supplies.
Or is this just an isolated case that he is attempting to pass to see if anyone is awake?
Why not talk about doubling the Bitcoin, Litecoin or Monero supplies?? The answer of course would be because such a claim would be ridiculous and laughed off the board... but since we are not so well known, I will take a moment to help anyone curious to understand why this is not how things work.
We need to talk about tokenization:
Bitcoin trading on Waves are wBTC.
Litecoin trading on Waves are wLTC.
Monero trading on Waves are wXMR.
And
XTRABYTES trading on Waves are wXBY.
This process does not double the supply, it creates the required tokens for the Waves platform to accurately move the real coins in and out of the coverage wallets which in turn enables accurate representation of the correlating Waves assets on the Waves exchange.
Always keep in mind that the real XBY (including your XBY) will never be transferred into the control of Waves - this is the wXBY that you see in the exchange and the only place these tokens exist is inside the Waves exchange.
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-Translated the above. "So you still don’t care, I would also not answer"
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WCI Could you add the Waves exchange to your Xtrabytes page. CoinExchange has stopped trading and could be taken down. Much thanks.
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Development update October 15th 2019
1) Waves webclient
Waves recently updated some of its gateways and the backend for their own webclient. Since our webclient is connected to this backend we started experiencing issues with our webclient. Our developers made the necessary changes to our webclient so it can communicate properly with the updated Waves backend. This new webclient is currently being tested to make sure our changes can deal with the updated backend. When these tests are over we will make the new webclient available for the community.
2) XCITE Desktop
As many of you probably noticed in our public Github repo, we have started with the new version of our desktop client for XCITE, this update includes the switch to the new backend code we created for XCITE that is already used for our mobile client. The user interface of the desktop client will also get an overhaul to be more in line with the mobile client. The goal of this update is to provide all the functionalities we already have with our mobile client in the new desktop client. These functionalities include active wallets for XBY, XFUEL and Testnet and passive wallets for BTC and ETH.
3) XCITE Mobile
Our mobile XCITE client has been in testing for a couple of months. Thanks to the help of the many testers we have been able to weed out most of the bugs in the mobile client. We are still working on perfecting this client because with the new requirements from both Apple and Google for mobile applications we had to update some of our code to comply with their base requirements
4) X-CHAT
We have taken the first steps of creating the network based backend required for X-CHAT. The goal of this backend is to have multiple nodes where users can connect to so they can send messages across the network. Unlike centralized messaging applications, X-CHAT is not governed by a central entity. We created a simple messaging client to interact with this decentralized network that allows us to send messages to other people connected to the network. We are proud to say that we have completed our first test with this decentralized messaging application successfully. We have set up several nodes across the globe that work together to govern the message application and we succeeded to send messages to each other while we were all connected to different nodes. This is a huge step forward in the development of what will become X-CHAT. The next goal is to integrate this messaging client into XCITE so we can test our basic decentralized network on a larger scale.
5) Team portal
Our developers have been working on a team portal that will make it much easier to manage our decentralized team, it will help us track the various tasks that are assigned to the different team members, it will allow our team members to keep track of the hours they contribute to the project and it will allow us the automate our payouts to the team members. While this might not be of much use for the community, this will help the team work more efficiently and also proves the skills our developers have since this was built from scratch to fit our specific needs"
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The actual location of CoinExchange is not known. When they announced a plan to stop trading on the 15th there is no time zone mentioned. Please be careful with your CoinExchange commitments. It is the 15th in some parts of the world.
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CCRevolutionToday at 7:13 AM
Also, amongst this challenging news, I would like to share a small bit of good news with you all. Golden and I are in early stage communication with the person in charge at Grant Thronton. We have received a reply to our request for a personal meeting that detailed some facts about our coins (ie. not affected by the hack according to Cryptopia staff, locked by Zoltan for insurance) and we are happy to report that he is willing to talk with us. We are trying for a date next week and will let you know as soon as we have more news.
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Thank you for your inquiry again. It is no problem for me to expand further.
The thing that you are actually missing, is that before getting to know the tech, my designing work (along with the others Designers' work) revolved around general stuff. Blog article banners & announcement images to name a few, which had nothing to do with the mechanisms of the technology. But now, after having seen the technology, we are capable of making graphical visualizations of it, so as to bring awareness to the market for what we stand for and what is that new and revolutionary we have been speaking about all this time. In no way we could achieve that before.
I hope I have helped you a little better now why it was critical for the Graphics Dept.to have its Designers under an NDA agreement.
Curious to see how this will change anything for the graphics. Good luck. The graphics themselves may not change but the content of the graphics surely will. |
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We won both votings on Twitter  Well done! Great job XTRABYTES Community. You have shown that you can become aligned when called upon. Thank you!! |
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Cryptopia bankrupt trustee has not made any decisions.
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This is a response today from CCR to a similar Question on Discord.
We are still planning the 5 applications which were reported after meeting with the law firm last December. Regarding how long it will take for the other patents; I cannot even begin to think about giving a date for this. However, we have learned how the process works now and will be taking additional steps to try to improve the efficiency.
Judging by the fact that our first swing at the bat was for 3 different POSIGN patent applications, for a very complex consensus process, it should be much faster.
Regarding a delay for the tech, I cannot comment on this at this time, other than to say again that this tech is not an on/off switch. There are a potentially unlimited amount of milestones in front of us as we continue to build out this blockchain development platform.
One of the key milestones for the community is the opening of STATIC registrations. Once we have PP for POSIGN, you can expect this registration to open at any time thereafter. This is required because the next piece of the tech that needs to be assembled is the network and this network requires the 3 levels of STATIC nodes, which each play a different role in the POSIGN consensus.
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I too am curious sirs. Finally will testnet start with patented tech? eXBY There is lots to do prior to the start of testnet even after patent pending. The patent pending technology will be the start of and part of the next steps. |
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View Profile Personal Message (Online)
Trust: +0 / =0 / -0
Ignore
Re: [NEW XBY ANN] XTRABYTES - A NEW ERA BEGINS
Today at 08:26:41 PM
Reply with quote Delete message +Merit #454
I don't think this project will go anywhere, but I also feel like it's a waste of energy to either hype or fud this coin considering I easily got like 10 airdrops for other coins this week and 1 made me like $75 easily lol
even bomb made me like $800 from the airdrop, it's a waste of time worrying about this coin when you can just take some monies, throw some that you can burn in a fire at this coin and forget about it and then dump on nubs who buy this coin with the ccr hype. The only people who should worry about this coin are the people are the bag holders that bought over 100 sats Grin
And you are posting Why??
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Jimminy
How did you get so smart that you can predict "that no on will", "There is no way it is cutting edge","CCR will never"," Just an ordinary" and"no one will buy" with out you being involved in the project and you having seen the tech.? So then you are just FUD. That I am certain you do know.
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They can do what they want blah blah blah it's their discord. They don't have to answer any questions if they don't want to.
What is it with crypto people who think it is their given right to have all their questions and concerns answered immediately.
Bunch of children.
Yeah, new investors love to see projects where people get shut up for basically trivial reasons or asking questions lol, you brainlet If this project wasn't such a complete joke people wouldn't end up making fun about it You'll end up going through the 5 stages of grief too. Don't worry, you'll eventually see light at the end of the tunnel lmao And what makes you think that any investors; old or new, want to see your attitude on the corporate threads of their investment? |
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pointless, the discord bans legitimate questions and the reddit is dead. i should know Im Bhawk26 on XBY discord and been in there for years
its been 2 years, still no patents?
We do not ban legitimate questions. However, we do ban alt accounts who continue to come into the Discord and repeatedly ask questions that have already been answered. You on the other hand have been banned for your constant FUD and negative slant that comes from essentially every post you make. Our rules are quite clear in this matter:  Well, seems like your moderators aren't following your own guidelines, since I got muted for no apparent reason other than lightly taking the piss about the elephant metaphor it seems... Wish you all an elephantastic day! and gl, I won't bother to come up with an alt to discuss stuff after this. Please post some screenshots of your latest helpful and positive minded post on our Discord. Let me know how far back you need to search... |
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pointless, the discord bans legitimate questions and the reddit is dead. i should know Im Bhawk26 on XBY discord and been in there for years
its been 2 years, still no patents?
We do not ban legitimate questions. However, we do ban alt accounts who continue to come into the Discord and repeatedly ask questions that have already been answered. You, on the other hand, have been banned for your constant FUD and negative slant that comes from essentially every post you make. Our rules are quite clear in this matter: That's clearly a lie, a friend of mine who is a Blockchain researcher came into your server and criticized many aspects and choices in the technical side of the project (the sha-512 encryption, for instance) and you immediately banned him without taking notes of his observations and comments (despite being important). He sent a paper to explain everything despite his ban and the XBY-Nazi team simply considered it FUD. After 2 years we still know nothing and everything is still kept under curtains. Borz or Dave could just show a video of the network running or even a picture showing the network processing blocks, but no, still patents, patents, patentsThe XBY joke has to end now, everything for the past 2 years has been well documented, and with the identity of the founders now known, I don't understand why anyone would still buy this shitcoin. Please post who - also when, so we can investigate your claims. Also, provide screenshots of what your friend was saying so that we know the context. |
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The 95% ready figure came from a chart provided by the CEO and the COO at that time. The direction and implementation of patents has changed. The team decided to implement three patents towards patent pending related to Proof of Signature. That is why we are testing the XCITE wallet leading to XCITE desktop. A plan will be updated to bring the remaining patent to the pending stage. https://support.xtrabytes.global/hc/en-us/articles/360000073312-What-is-PoSign- |
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