didnt you say this project might be a scam earlier why arent you on my side? lol
@smo "lol, I doubt you were in from day one...with that kinda of attitude towards xby you of would probably sold back in May. " indirectly thats promoting a product that's potentially a scam or is your goal to not promote the product you assume that I want the product to drop so I can get more but have you ever considered the fact that this coin might be a scam and im just saving people from onecoining themselves   stop promoting scams brah

shilling is cancer too so dont worry it will kill us both well die a long slow cancer death while everyone who visits this community watches  and buddy this is a single account have you ever thought that some people have real concerns and not everyone is some random personification of your communal fantasies?

scam coins pump too? have you not seen trumpcoin ive been here since day one too but this is ridiculous its people like you who give legitimate projects a bad name

it doesnt help if it did would I be calling it a scam? it doesnt have to be but this place is basically a giant shilled cult at this point ur just giving random goals not real information

Well my account is Newbie status, but I didn t spread FUD and also not intelligent FUD as CC calls legit questions, I just suggested something to resolve this mess.

Its quiet annoying that even legit attempts to help are denunciated as FUD. This community is toxic af.

And this hidding cuz illuminati conspiracy theories just prove that there isn t even possible to debate different views.
There is a huge difference between what I wrote and what the FUDer wrote.
Eventho who knows what his motivations are. Cuz there are some facts, that provide the FUDers some target:

As I mentioned;

No team section (I don t give a fuck about your conspiracies, its missing, period)

The team refuses to give more detailed information. Its not a questions about secrets in development.
But the FUDer can start with ideas that company registration takes one year, because he thinks its in the US.
Whats the matter with giving a litle more information on the process?
Instead CC wrote that the plan was to finish the registration during the holidays. Sorry but that sounds kinda odd.
I just assume authorities don`t work on holidays. So am I a FUDer? I m just a newbie who just want to know a litle more.
If XBY wants to be as successful as BTC it simply also has to be newbie friendly.

And mods seem not to be interested to resolve it. While it wouldn t be as complicated I think.

BTW comparison to Ripple was mentioned. Ripple registred patents, but they provided informations about that. Not the code, just the frame work.
And they had a team section. And answered questions.

Doesn t have to be that this project is scam, but at the moment it struggles with self made failures in the communication with its community I think.
I hope this get solved and everyone gets happy and XBY takes off and goes top10.

Let the wallet run for a hour, seems to be stuck 558 blocks remaining but doesn't seem to sync any yet.

Gonna delete peer dat file possible it's connecting to peers that haven't updated yet. Will update if it works.

Update: no go with that...re-syncing the entire chain hopefully that works.

Restarted it, looks like it's working now

New wallet 1.3.0.0 is working just fine for me.

As of now block 364565, diff 0.000244

Please be advised that we still must wait for the exchanges to update before full functionality is possible. All 3 exchanges have been notified again and given the links to do the upgrade.

In the meantime, it is possible to send and receive between new wallets, you can also send from the exchange to your wallet with no issue (unless they are already in maintenance), but if you send to the exchange before they upgrade, your coins will NOT confirm until after they upgrade. Also, note that the reduced fee will not start until we reach block 365,000. This will take a few hours to reach.

This is a mandatory update. Please go and get your wallet: https://github.com/borzalom/XtraBYtes/releases/tag/pre-v1.3.0.0

Note: Mac will be compiled ASAP - @Bumbacoin, are you available? Thank you!

Thank you all for your patience and thank you to all the team for doing a fantastic job today!

CCRevolution

Just ran the new wallet, noticed the diff is super high like before and out of sync. Is that normal, wondering if the wrong wallet was compiled.

THanks!

No confusion Smokim, POS was taken out before XBY went live the first time. POW has now been removed and we are running only with PoSign, like XFUEL.

PROGRESS UPDATE

Borzalom has just confirmed that the XBY chain is building blocks successfully without POW.

We will continue to monitor and once we are satisfied everything is good, we will do a mandatory wallet update for the community and the exchanges.

Thank you!

Ah I see! Thanks for that, i was curious. But now about the testnet. I understand that this is not the mainnet release, so the circulating supply will not be decreased. Which means that the circulating supply will not be reduced on CMC or the price? Also from the looks of it. I understand that one of the members posted that we need "patent pending" status. So to get this, the mod / developer who posted it will need to receive the confirmation by mail. From the time of applying to receiving, it should take about a month from my research into the patent filling / patent pending process. So this means that the testnet announcement won't come until at least February correct?

About the subject of the company patent. For the developer that submitted the patent, he should have a patent number that we can publicly access on: https://www.uspto.gov/patents-application-process/search-patents

Posting the patent number will allow me and other investors to be able to search the patent to see if it has "patent pending" verification (or at the current stage of the submission). This will not affect the project and will give me and other investors / traders validation of the patent being submitted. The number should have been acquired when he submitted the patent. If it's okay, would he be willing to submit the confirmation number?


Now after this test, you mention that Xtrabytes is making and registering a company. But as me and another user pointed out and from my research and links that I posted from my research in other posts, registering a company can take up to a year. Does this mean that if the mainnet is dependent upon the registering of the company, that the static node lockup will not occur until next year? If the patent filling is for the company to be built as well, does that mean that he has not submitted the forms for the company to be registered or is there any source for validation that he has submitted it?


If you can answer my concerns / questions. I would be extremely grateful. Without the patent pending number, it's impossible to validate it's submission. I'm not too concerned about the company filing since I understand that it can take an extremely long time (the average time of registration for a company in the United States is roughly 1 year, but it can take 2-3 years if there's a backlog), but I am mostly concerned since the patent number can be released to help assure investors without sacrificing the anonymity of the developers or harming the project. (Also if i'm understanding correctly the mainnet is reliant upon the company being registered, doesn't that mean that Xtrabytes can't be fully deployed until 2019 and the circulating supply wont be reduced either till 2019+ and that everything we have now is just experimentation / vaporware?).

Also as another user pointed out, does it have to remain close-sourced? Why doesn't he make it open-sourced so he can release the mainnet immediately after the testnet so the circulating supply can be reduced and he can still patent it while it's open sourced so that everything won't be delayed for one year? The patent can still be filed and no one could steal his new chain without credit.


I think this technology is innovative btw, don't get me wrong. But as a resident of the United States and a person who delves in business, I understand how long red-tape can deny a project. Rather than the tech itself, i'm curious how the project can be rolled out before 2019 with the legal and red-tape delay challenges that it faces from my research.

Also according to this https://en.wikipedia.org/wiki/Patent_pending
"In the United States, according to the United States Patent and Trademark Office, the expression "Patent Pending" as such does not protect an invention until the actual patent is published and/or issued" - Doesn't this mean that we have to wait until we get the actual patent (3 years+) or someone could steal his technology which is the reason that it's being pursued?

Sorry for the long post but, the issue is that nothing is adding up from my research into the deployment process, can a developer clear it up for me please? It seems that Xtrabytes can't have its mainnet deployed until 2019+ if we need the patent. Which means no cmc reduction (static nodes isn't financially viable atm except for experimentation) and that the period between the current testnet and actual deployment would be more than one year.

Sorry, but ye you're right. I was curious about it so I was doing research. So I found out that it can take up to 4-5 weeks to receive a letter from them (up to about one month?). You need the confirmation that comes in the mail after they process it. So overall, we're looking at around 3 weeks from now? Also does it have a patent number that you can check online with to confirm that it was filed?

You can enter it into here https://portal.uspto.gov/pair/PublicPair

As for the company though, how about that? Is the project waiting on the company registration to get that done? If the company registration still takes roughly one year, wouldn't that just mean that the project will still be delayed for 1 year? If the process is done, it should have a confirmation number that we can put into the search system it seems.

As for moneyball, why would you ignore someone for asking a question?
The goal isn't to FUD, but to add legitimacy to the project.

Shorter version: So if we get patent pending about 1 month or so, the project testnet will begin in about a month or so close to February / in February? or are we waiting for the company to fully register?

What is the max transactions per second when were fully up and running?

I suggest you to join the discord and ask in the support chanel. There are admins who are helping pretty fast.