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Question: The result of our STATIC nodes poll was 500,000 coins on deposit for Level 1 STATIC nodes.
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Author Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER  (Read 371083 times)
RueDuSite
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October 26, 2017, 03:08:11 PM
 #4981

Looks good!

How to set a static node? is there rewards for having a node?



Well, it would be very good if we could get XBY on a descent exchange... im not talking about the big ones, but at least bigger that it is now (livecoin, liqui, binance)

Are the dev team or marketing team doing anything on this part?



There was talk of binance, if I remember.

yes for Binance, the idea is to submit when the community XBY will be larger to be more numerous to vote on Binance integration of XBY.
3000 votes for Binance would be good.
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fishfishfish313
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October 26, 2017, 03:23:59 PM
 #4982

CoinTelegraph has released the press release for XTRABYTES. These guys mean business.
https://cointelegraph.com/press-releases/has-xtrabytes-already-rendered-the-top-cryptocurrencies-obsolete

Well done to enki and team for this.  Smiley

This is fantastic.  Great job everyone!  Momentum is still increasing at a steady rate.  Good time to be an XBY holder and price is still not too expensive to get in. 

I'll one shot you with the Wingman from the top of Skulltown - Apex
enkiamo
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October 26, 2017, 03:58:52 PM
 #4983

Discuss the CT article on Reddit.

https://redd.it/78wbth
Delphinus
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October 26, 2017, 04:53:02 PM
 #4984

Someone just got out, so feel free to jump in for nearly free now!  Grin

CCNCCN
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October 26, 2017, 05:03:13 PM
 #4985

I can't find the BTC donation address for the marketing budget.  Can someone provide it here or post it in the Slack Announcement thread.

Here is the donation address.

1HZuLd66s8DTWX8LQFwocKkCkiKaiqpgPe



I'm going to send some now Smiley
Great job on getting articles on Cointelegraph and other places
Lobo_
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October 26, 2017, 05:06:49 PM
 #4986

Someone just got out, so feel free to jump in for nearly free now!  Grin

I don't understand why anyone would dump at these prices. They are practically giving away what could be a game changing platform.

In any event...thanks dumper! I got some more XBY nice and cheap.   Grin
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October 26, 2017, 05:17:41 PM
 #4987

Oups, seems that 10 000 transactions ps of XBY is beaten ...

https://coinidol.com/440000-transactions-per-second-with-red-belly-blockchain/
enkiamo
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October 26, 2017, 05:30:31 PM
 #4988

I can't find the BTC donation address for the marketing budget.  Can someone provide it here or post it in the Slack Announcement thread.

Here is the donation address.

1HZuLd66s8DTWX8LQFwocKkCkiKaiqpgPe



I'm going to send some now Smiley
Great job on getting articles on Cointelegraph and other places

Thanks CCNCCN!
bigboss154
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October 26, 2017, 05:31:30 PM
Last edit: October 26, 2017, 09:51:00 PM by bigboss154
 #4989

Oups, seems that 10 000 transactions ps of XBY is beaten ...

https://coinidol.com/440000-transactions-per-second-with-red-belly-blockchain/

The Chinese are working on one that can do 1m+ transactions per second, which is just ridiculous. Visa, the largest payment provider in the world, only do on average 5000 transactions per second. I can't really see the point of it, other than theoretical curiosity or if they can be used for certain super computing tasks. Wonder who will be the first BILLION (lol) tx/s blockchain?  Smiley
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October 26, 2017, 05:49:27 PM
 #4990

Discuss the CT article on Reddit.

https://redd.it/78wbth

Already spread this around to a bunch of people on social media, seems to be getting good attention already.  Cool
NikeNem
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October 26, 2017, 05:59:50 PM
 #4991

Very to nice to see Xtrabytes on Cointelegraph, I really hope this will help to acquaint people about this great project and the great team who is behind this project.  Cheesy
fishfishfish313
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October 26, 2017, 06:03:18 PM
 #4992

Oups, seems that 10 000 transactions ps of XBY is beaten ...

https://coinidol.com/440000-transactions-per-second-with-red-belly-blockchain/

Hey, who said a little healthy competition is a bad thing?  Competition drives innovation and a better end product.  I say bring it on!  

Let the best blockchain be victorious.  I'm a huge supporter of the free market.  Had a conversation with someone earlier today about how difficult it would be for a coin to unseat Ethereum.  So?  Does that mean that nobody should try?

Platforms like XBY will be used on a much wider scale in the coming years.  I'm of the idea that many of the current leaders could possibly be outdone by emerging competitors right now.  And XTRABYTES is aiming to be one of those.

I'll one shot you with the Wingman from the top of Skulltown - Apex
bigboss154
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October 26, 2017, 06:26:53 PM
 #4993

Very to nice to see Xtrabytes on Cointelegraph, I really hope this will help to acquaint people about this great project and the great team who is behind this project.  Cheesy

CoinTelegraph is pretty big, it will definitely give exposure to show people what is going on here.
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October 26, 2017, 06:51:53 PM
 #4994

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.

bigboss154
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October 26, 2017, 06:59:59 PM
 #4995

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.

This is correct, all ONLINE nodes sign the block. There is some more info on this here:

"Many questions have been asked about XTRABYTES' core technology, features, and advantages. The following summary seeks to address those questions and to further elucidate various aspects of the XTRABYTES platform.
 
Security is at the heart of XTRABYTES' technology and is where its principal advantage lies. XTRABYTES leverages the concept of digital signatures extensively in its security algorithms. Common examples of digital signatures include SSL and Microsoft's signed software, but XTRABYTES goes several steps further to ensure the robustness of its signature protocol.
 
Simply put, as the number of digital signatures increases, level of security increases. XTRABYTES employs this tenet in its core technology—STATIC nodes rely on multiple layers of encrypted and digitally signed sources to guarantee the integrity of the network, while competitor systems rely either on a single signature only, or even none at all.
 
It is impossible to steal all signatures, given that not all STATIC nodes are online at a given time, and that they use different operating systems (eg. Windows. Mac. Linux)—and even if a virus compromises all online STATIC nodes, a single off line STATIC node is capable of restoring the network once reactivated.

Further, online keys are intermediate only—deposit and genesis keys are private and always offline—and consequently can easily be changed if necessary. If such a signature is compromised, the associated STATIC signature will automatically be revoked as the consensus among nodes has been violated. The owner of the affected STATIC node is then warned to generate a new signature before the node can resume participation on the network.
 
STATIC nodes communicate with one another via the PULSE system. If nodes are online, the system behaves like instant messaging, while offline nodes are always automatically forwarded missed messages by the network. All of these transmissions are encrypted, secured.and time-stamped. This is in direct contrast to the Bitcoin network whose peers communicate with one another in an unsecured fashion.
Level 2 nodes will be similar to the original STATIC nodes save for the fact that the intermediate signatures will be declared in a future block, not in the genesis block. All STATIC nodes will have a TRUST index number. "

The author is on Slack, might want to get in contact. Smiley
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October 26, 2017, 07:27:59 PM
 #4996



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.

bigboss154
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October 26, 2017, 07:36:44 PM
 #4997



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.

Yeah I saw it got updated just now.  Wink
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October 26, 2017, 08:37:18 PM
 #4998

Oups, seems that 10 000 transactions ps of XBY is beaten ...

https://coinidol.com/440000-transactions-per-second-with-red-belly-blockchain/

The Chinese are working on one that can do 1m+ transactions per second, which is just ridiculous. Visa, the largest payment provider in the world, only do on average 5000 transactions per second. I can't really see the point of it, other than theoretical curiosity or if they can be used for certain super computing tasks. Wonder who will be the first BILLION tx/s blockchain?  Smiley

They can claim what they like but until we see a testnet with a stress-test and those number then I do not believe their claims. Its just marketing bullshit.


sokolasi
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October 26, 2017, 09:09:13 PM
 #4999

Oups, seems that 10 000 transactions ps of XBY is beaten ...

https://coinidol.com/440000-transactions-per-second-with-red-belly-blockchain/

The Chinese are working on one that can do 1m+ transactions per second, which is just ridiculous. Visa, the largest payment provider in the world, only do on average 5000 transactions per second. I can't really see the point of it, other than theoretical curiosity or if they can be used for certain super computing tasks. Wonder who will be the first BILLION tx/s blockchain?  Smiley

They can claim what they like but until we see a testnet with a stress-test and those number then I do not believe their claims. Its just marketing bullshit.



Gyro... Look, if testnet succeed.. no no.. sorry for my English. When testnet succeed you will be able to buy only 10% maybe less of the coins you can buy now. Thats the difference. Good luck with your investment.Your luck is with btw because now you know Xtrabytes.!!!!
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October 26, 2017, 10:40:01 PM
 #5000

Great job guys on all the marketing. We hope to address rewards/bounties/salaries/translations  soon. Thanks again for everyones hard work. Chris
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