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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEW XBY ANN] XTRABYTES - OFFICIAL WEBSITE and WHITEPAPER RELEASED on: November 01, 2017, 08:32:44 PM
No, anonymity is not the goal. It is trust based. Smiley If you want more info then read the quoted text here https://bitcointalk.org/index.php?topic=1864397.msg23523123#msg23523123

I see, thank you. This is really a new and unusual approach in the crypto currency. I read the information you gave me

In fact, only a few coins give complete anonymity. Even the biton will not give you complete anonymity. I think that the XTRABYTES network has many advantages without anonymity
But when you think of a currency you want it fungible. and to be fungible it has to be private and anonymous. Do you think its possible for a token to establish itself as currency without fungibility? I find it hard to be achieved but maybe i´m not being able to see passed our current concept of currency. It´s been one of the biggest problems with BTC and yet it keeps thriving...

I think that your reasoning is wrong here, you think because XBY is a coin that it should be able to give anonymity but it isn't meant to replace bitcoin or other altcoins that are only used to make payments and store value. XBY is a platform for dapps and the coin is the "blood"of the network, the main currency to pay with in the XBY ecology so it really doesn't need anonymity. Most people paying for apps in Playstore for example don't really care about being anonymous, the group that focus so much on anonymity is much smaller than the group that don't really care.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEW XBY ANN] XTRABYTES - OFFICIAL WEBSITE and WHITEPAPER RELEASED on: October 26, 2017, 07:27:59 PM


The author is on Slack, might want to get in contact. Smiley

He contacted me just when i posted about the misinterpreting about PoSign lol, he is going to fix it.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEW XBY ANN] XTRABYTES - OFFICIAL WEBSITE and WHITEPAPER RELEASED on: October 26, 2017, 06:51:53 PM
NEW post covering the basics of PoSign vs POS and POW flaws

Why Proof-of-Signature triumphs over PoW / PoS" $xby

http://xtrabytes.today/xtrabytes-news/proof-of-signature-triumphs/

The explanation about PoSign isn't right in that article because he is saying that all nodes need to sign the block so it can be validated. If it work like that then anybody can sabotage XBY just by leaving one node offline. What really happens is that the nodes that are online at the time the transaction happen will sign the block and as i understood from Jhar the nodes that were offline will doublecheck the block when they come online but don't need to sign the block themselves.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEW XBY ANN] XTRABYTES - OFFICIAL WEBSITE and WHITEPAPER RELEASED on: October 19, 2017, 01:15:04 PM
I agree with PTowner that xfuel release is an indirect way of diluting initial shares. the most obvious case to be made is the fact I can use xfuel for part of an XBY node

Regardless how you'd like to word it or justify it, the shares are definitely being indirectly diluted


I get what you are saying I really do and it was my initial concern. But firstly you got to balance that with the project will now be funded properly and we are at such a low MC anyway the potential moves XBY will make eventually is insignificant. But this is what you are missing..


Yes if Xfuel is used fro nodes then it technically can mean more XBY would be in circulation and not in nodes BUT and this is a big BUT you got to get your head around. The plan is now to have MORE nodes i.e. LV3 nodes. So actually in balance the circulating supply long term actually went down not up. Try to get your head around the fact that XFuel will never be part of XBY supply. All that has happened is MORE NODES and less XBY NEEDED for the MORE NODES. So essentially you just spread XBY across more potentially smaller nodes that are more numerous.

Get back to me with more questions when you get this simple logic.  Grin


An even simpler idea. If nodes now IF DESIRED can have  a little bit of say another alt coin like DASH or ETH in the node but they made more nodes would that affect the demand for XBY?

Its like saying If another coin comes to the crypto market then it will affect the supply of XBY....nonsense.



thanks for responding.

feel free to word it however you like but it's a dilution. what's stopping someone from breaking down there node at anytime to cashout? I can see you make a debate that if the nodes are somehow locked in then the circulation is lower, if not, there's nothing stopping people from breaking down there nodes and selling as they please.

I plan to still hold all my XBY but the xfuel addition is disheartening

goodluck XBY



There was nothing stopping people to break Statics to begin with, from the start it was possible to break Statics whenever you want. So the coins aren't really locked, best would be to sell the Static but there are always reasons why people will break it.

About your concerns that XFUEL is diluting XBY, that is completely not true. People holding XFUEL can do 2 things at the moment, use it for Statics or sell it for XBY.
The way you are using dilution here is in the purest meaning of the word, the team didn't create more XBY but came up with another token to get funds without damaging XBY. If they would of created more XBY then you would of been right. XFUEL is paired only with XBY, this means if someone wants to cash out on XFUEL they need to trade it for XBY first and you can't have a Static without XBY so demand for XBY stays.

The only "dilution" i see here is that because more nodes can be created by using XFUEL it will take longer to be at max Statics cap. But the result will always be the same as what the team intended to do from the start and that is to have a big portion of XBY "locked" into Statics. This so called dilution will make the network much stronger by the way.

XFUEL is really a great idea when you think carefully about it because it generates funds for dev, it gives people that don't have enough money a chance to get a Static (earn xfuel and buy xby, combine them to start one), make it possible to create more Statics to strengthen the network and surely there are more benefits.

Ofcourse sometimes demand for XBY will be lower when XFUEL is cheaper because people will want to have a Static as cheap as possible but there will come a moment that XBY will become harder to get and the value will surely go up. Demand for XBY will always be there because it is the "blood"of the platform.

5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: July 08, 2017, 08:45:22 PM
Can someone link me to their whitepaper? I can't seem to find it, thanks.
Scamcoins typically don't waste their time with white papers
I've got 150k xtrabytes yet am starting to feel like I'm getting duped

Then sell your XBY if you don't feel comfortable with it, they said from the start that the whitepaper will be released when everything is working. If you put some effort to read how all of this started then you would of understand why things are happening this way and if you have read it and still make these kind of comments then there is no way to help you.
By the way, having a whitepaper doesn't mean either that it will succeed. There are enough projects out there with whitepaper but still no working or 100% working product.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: June 29, 2017, 12:12:14 PM
This community has some serious issues with different opinions. Pivx makes clear they value different opinions. Xby doesnt. I keep getting banned because i dated say the community is full of shitcoin yobit pumpers. I am now forced to take this issue into the more public thread here cause i kept getting abuse and bans from simply stating the fact that zero real discussion is taking place and only shitcoin lambo sexist bullshit. If you dont kiss the asses of mods they will decide to ban you. This is not q community project. Steer clear.

Seriously, you and some other people in slack really got some issues, you started a fight as soon as you saw that the website design that you liked wasn't going to win. Calling people dumbasses, yobit pumpers and and other negative things is what got you banned. You didn't have anything constructive to say except that the one that you liked looked pro and the other not. Now you come here to act like a victim! This is life, get used to it because you won't be getting everthing you want in life. Funny to see that some people only want community votes if it works in their favour.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: June 22, 2017, 07:56:38 PM

This decision was made by the early investiors, right?
And of course, these investors decided for this plan, who wouldn’t do that?!
What is fair about this decision when you are deciding for your own profit by knowing that the investors in the future won't have the chance to get into the same club!
They get a node for tiny money and now they can earn money without any work and nobody else can take it away from them? very good decision imo!

I know that there was a lot of work for promoting, but in every community, there are people who helping to promote the Coin at the beginning and most of the time they getting free coins for that job!
And these people know that if they are successful with the promotion the price will increase and they will be rich and because of that they are doing this job.
But getting a node for ever, come on that is way too much!

The early investors are the ones that saw the potential in XBY while still in the early stage. The decision for 500k/L1 node was made to have as many longterm investors as possible to create a stable and trusted network. Because XBY will be used to pay for services you can't have unlimited nodes. As i understand L2 nodes will be almost the same as L1, only thing is that to earn as much as a L1 node owner you need more L2 nodes because these will be cheaper.

When these guys were promoting XBY alot of people didn't invest at low price because they didn't trust it yet. At start when i found out about XBY i didn't invest alot either because i didn't really have a lot of trust in it untill CC posted his first video. It was made clear from the start if i remember correctly that the amount of nodes would be limited. Sometimes you miss opportunities because you find out about something later than somebody else or you wait too long to invest early because you have not enough trust but that's how life is. It was all fair because all the information needed at that moment was out there, the thing is that you learned about XBY later than others.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: June 20, 2017, 09:18:45 PM
CC has been transparent from the start about the project and which info they would willing to share or not or later. For a young project like this they are doing well and people can complain about the mistakes that are made but even devs from big projects that had ICO make mistakes and need the input of the community to stay on the right track.

A project with a succesfull ICO can attract talented devs easier, these guys are working for free (no ICO for XBY) and trying to bring out something new. The people that are complaining about seeing no progress entered this project with the wrong expectations.  I bought XBY with the expectation to see something good after 6 months but it seems it may be sooner.

When i see how active these guys are on slack i wish that the devs from the tokens that i am holding were this active (guess that the devs from those big projects only communicate alot before and during ICO and after that you don't hear much from them). I think because XBY slack is very active that people expect new information every day.

I don't like the website that was released and the hype created around it but i am happy there is one place with all information. I am sure things will become better, i'm keeping my XBY and support it because i want to see something new released into the cryptoworld.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🔴 ICOBID PLATFORM RELEASED 🌟🔴 GREAT REWARD 🌟🔴 HOLDING FOR REVENUE SHARE on: June 17, 2017, 05:29:15 AM
nice, lucky to those who received 2M ICOB. I hope its me..  Cheesy

Look at this https://www.blockexperts.com/icob/address/BQSncaoTR2LLfFYDTVoM2MbhRJTL55LhoP

I wonder how random it was lol. An address with exactly 2million and received yesterday.
10  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: YoBit.Net - CRYPTOCURRENCY EXCHANGE & MultiCoin DICE - Free Coins every 1-24 hrs on: June 15, 2017, 12:08:26 PM
Yobit, when are you going to refill iCash? This is getting ridiculous.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🔴 ICOBID PLATFORM RELEASED 🌟🔴 GREAT REWARD 🌟🔴 HOLDING FOR REVENUE SHARE on: June 15, 2017, 10:35:26 AM
I'm trying to access my wallet but the windows wallet is currently unable to connect to the network.

I've tried following the previous addnode guides but I'm not able to access the network.

If you mean the guide below then try using only the 2 last lines. I only have the addnode lines in my icobid.conf and it works fine.


Create a notepad file, and paste this into it

server=1
daemon=1
listen=1
rpcuser=user
rpcpassword=pass
addnode=46.188.4.74
addnode=54.202.166.170

Then save the file as "all files" and name it ICOBID.conf

Place the ICOBID.conf file into C:\Users\youruser\AppData\Roaming\ICOBID
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: June 12, 2017, 12:49:37 PM
https://m.imgur.com/a/zP4l2

I hope this isn't the norm around here.

Why did you omit the replies that told him it was a bad a idea and not something we wanted?

Your intention is clear.

His intention are clear indeed and newbie account too. @Dontknowhattothink, i know that having only $10 to invest won't get you much XBY  Cheesy
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🔴 ICOBID PLATFORM RELEASED 🌟🔴 GREAT REWARD 🌟🔴 HOLDING FOR REVENUE SHARE on: June 12, 2017, 12:43:28 PM
its worth to staking icobid Huh looks like not Undecided

It's not, i am only staking ICOB because i am staking other coins on my mini PC.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🔴 ICOBID PLATFORM RELEASED 🌟🔴 GREAT REWARD 🌟🔴 HOLDING FOR REVENUE SHARE on: June 09, 2017, 11:49:45 AM
No one buyers,only per 1 sat Undecided wawesclassic token is the same problem. Tokens are not populars. Maybe we need a new special icobid-w thread here and peoples starts to buy them Huh

What we need is developement, ICOB needs something to sell. At the moment there isn't much going on.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: June 07, 2017, 11:21:02 AM
Actually, supply & demand determine the price, marketcap is just an overall project value based on latest known price.

What is 'Market Capitalization'
Market capitalization refers the total dollar market value of a company's outstanding shares. Commonly referred to as "market cap," it is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to using sales or total asset figures.

BREAKING DOWN 'Market Capitalization'
Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. It is also easy to calculate. A company with 20 million shares selling at $100 a share would have a market cap of $2 billion.

To keep it simple it is all about supply and demand. At the beginning of a project like XBY for example the investors (the early adopters) invest by the information they are getting, like what is the purpose of the project. You try to get these investors by explaining them what you are trying to accomplish and hope to create demand this way. As the project progress you get another type of investors, these will use market capitalization to determine if it is worth investing in the project. So in the end if the early adopters have invested enough and the project is progressing nicely you will create demand for the other type of investors. So it's just about supply and demand but you have different types of investors that will only invest when they have certain information.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: May 31, 2017, 06:37:24 PM
The updated ANN is really good now with the tech info!   Very happy with this  Grin
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🔴 ICOBID PLATFORM RELEASED 🌟🔴 GREAT REWARD 🌟🔴 HOLDING FOR REVENUE SHARE on: May 16, 2017, 07:38:53 PM

Important News

ICOBID shares essential ideas to Wavesplatform. Waves are building a decentralized token issuance and a decentralized crowdfunding platform while we want to build a crowdfunding platform based on major community's favor.

We decide to issue ICOBID token on Wavesplaform (it called ICOB-W).

That means ICOBID is available for trading on Waves Decentralized Exchange.

There're 200.000.000 ICOB-W in total on Wavesplatform.

This amount of ICOB-W will be distributed to all ICOBID holders.

There're about 100.000.000 ICOBID in circulation, so 1 ICOB = 2 ICOB-W


Guess i need to learn about waves. Anyway if 1 ICOB= 2 ICOB-W, does this mean that the persons that entered the Special Investment Program will get 2 times as much ICOB-W when you have to release it? For example if someone deposited 100k ICOB for 6 months do they get (100000x200%)x2=400000 ICOB-W?
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟🔴 ICOBID PLATFORM RELEASED 🌟🔴 GREAT REWARD 🌟🔴 HOLDING FOR REVENUE SHARE on: May 12, 2017, 11:07:55 AM
maybe some reward for voting on posswalet? Undecided
I hope Pioneer will offer some form of reward to make his coin more popular. Now the coin seems pretty low valued for what it could potentially be. I hope Pioneer will make it a great investment for all of us Smiley


I am willing to run ICOBID social/signature and avatar campaign for free, we already have the signature and avatar campaign materials so I guess we better use it again.  Pioneer can throw me a pm if he is interested.  I know he is busy but that is not an excuse to communicate here.  Or he can just appoint a community manager and feed him information about ICOBID.  Also this community manager should tackle questions and concern here.

Here I am about the same. He ignores me in personal communication. At least he would say something. Can I what is inadequate tell him.

Probably he does not know what to say Cheesy, star strucked by your great idea and got stunned.  Anyway, let us just wait for possible update and news about ICOBID, pumping the price will never resolve the problem with adoption.  ICOBID need to show the activity, communication, passion and desire to deliver the projects.
Nice offer. Continuous promotion is a big factor, I agree with sig/social media campaigns. I do think that Dev being active here in the main thread can help too in gaining supporters. If people see that questions weren't answered here or Dev aren't making any updates, they won't be interested to follow and support the coin.

Also, we all know that ICOBID's slogan is "Bring Great Ideas To Life"
So for the startup, what we need is one great idea that will catch the attention of people and implement it.

There were many suggestions made but Pioneer doesn't seem to want to do anything with them. For now people don't really care about ICOB because of the lack of communication. No one knows what is going on except for the people working close with him guess (if there is any), the only thing reminding me that i hold ICOB is the wallet that is staking. Luckily there are projects out there with more active devs that can keep my mind away from this. Maybe Pioneer will surprise us with something good, you never know, only thing we can do is wait on that announcement of his  Roll Eyes.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution on: May 12, 2017, 07:48:15 AM
Do I need 3 wallets? I see theres a spendable, a deposit, and an earnings.

Cant I just use my spendable as my earnings wallet and just have 2 wallets?

Also if my machine goes down, does my node go bye bye or will it stay there until I turn my machine back on? Also do I need to keep a file running or something to have my node stay online?

The minimum of wallets you will have for first setup is 3. Your main (spendable ) wallet, deposit and static wallet.  Deposit is the one holding the 500k XBY. Static will be coupled to deposit and static will be the one that needs to be online. CC suggested a 4th wallet so it is easier to keep track  how much you are earning from running the Static but you can use spendable if you want too. If you do so you will have 3 wallets with earnings 4.

If your machine goes down the wallet will still be there  so just turn on back your machine and run Static again. Static wallet is the one you will need to run to earn XBY.  If your node goes offline you won't be earning anything untill you run it again.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Launched: PiCoin [POS+POW] [SIGNATURE CAMPAIGN=AIRDROP] on: May 03, 2017, 07:45:54 PM

Should we payout a 2. "pool of PI" making signature campaign distribution "shorter" a bit OR should we take some PI from the signature campaign and pay it direct to the early BTC investors? I think this kind of invest should be rewarded and we did not forget about it.

I only can say it again... This community is awesome!! =)=)

Take some PI from the signature campaign and pay them.They deserve it.
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