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

[everythingisgreat]

I'm still not sure how PoSign is resistant against a 51% attack. I understand that all nodes need to sign a block, but I don't fully understand that if 51% accept a block and 49% don't sign it what would happen.

Particularly if I own that 51%...

Maybe someone could actually make a simple, animated video of the process?

I would also be interested in that.  If the team can lure a video producer into the fold more of the complicated issues could be displayed via video.

[1715540866]

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[SupremeGoose]

My New Blog Post

"A Community Coin Has Silver-Linings"

http://xtrabytes.today/xtrabytes-news/community-coin-benefits/

In the Hopper- Ready to post after the next 777 - a post on VITALS technology.

Thank you very much! Great post, as always.

[everythingisgreat]

My New Blog Post

"A Community Coin Has Silver-Linings"

http://xtrabytes.today/xtrabytes-news/community-coin-benefits/

In the Hopper- Ready to post after the next 777 - a post on VITALS technology.

Thank you very much! Great post, as always.

I think the distribution will get better as the price rises.  There are probably a few holders from the early days that will sell off some of their bags as the price rises giving others a chance to get into the coin.

[SupremeGoose]

To see some Proof, and that development is in heavy progress, do the following:

Download XFUEL wallet: https://github.com/XtraBYtes/xfuel/raw/master/xfuel.exe

In the wallets console section, type: getblockhash 8000 (choose whatever number you want, provided it has been mined already)
Result: b2a031a9d996f8b801b7b0e837e95b7c086064eecd3f1bd48465717d2ffb5815

Then, when you get the blockhash, you do another command: getblock b2a031a9d996f8b801b7b0e837e95b7c086064eecd3f1bd48465717d2ffb5815

When you see the next result, you will see the MINER ID and the signature.


From Borz:

try it !
each block have miner ID
and signature of miner
pow and all other mining algo informations don't exist
the raw block contain same informations
of course
than the decoded info
these blocks NO bitcoin clone blocks

{
"hash" : "b2a031a9d996f8b801b7b0e837e95b7c086064eecd3f1bd48465717d2ffb5815",
"confirmations" : 9228,
"size" : 283,
"height" : 8000,
"version" : 1,
"merkleroot" : "ba2b96252d23acba2bf2765976fd1cd9311ad89e3ac11f3091a6a272de2b2e08",
"tx" : [
"ba2b96252d23acba2bf2765976fd1cd9311ad89e3ac11f3091a6a272de2b2e08"
],
"time" : 1508828232,
"minerid" : 6,
"signature" : "3046022100c558a9fd5918eda0047eeaba683fcd059926962b24d52adade910351ee270a9d02210 0987806985371cf8490bed97baa829e0afeea2f6587a4b063f333ebc0577afbe3",
"previousblockhash" : "c901d27ff97e1edeb738a77fbb42984b3fbeb2efdbb0547aec43fbc770726910",
"nextblockhash" : "81285e9e70c2dc8b3062789570ddf137cb5593afbda180c97ae654e9bbfd7229"
}


XFUEL is signing blocks with a new technology, called Proof of Signature.

-------

Why the source is closed?

Dev isn't going to release code yet risking that someone or group trying to copy tech and release before XBY.

[everythingisgreat]

To see some Proof, and that development is in heavy progress, do the following:

Download XFUEL wallet: https://github.com/XtraBYtes/xfuel/raw/master/xfuel.exe

In the wallets console section, type: getblockhash 8000 (choose whatever number you want, provided it has been mined already)
Result: b2a031a9d996f8b801b7b0e837e95b7c086064eecd3f1bd48465717d2ffb5815

Then, when you get the blockhash, you do another command: getblock b2a031a9d996f8b801b7b0e837e95b7c086064eecd3f1bd48465717d2ffb5815

When you see the next result, you will see the MINER ID and the signature.


From Borz:

try it !
each block have miner ID
and signature of miner
pow and all other mining algo informations don't exist
the raw block contain same informations
of course
than the decoded info
these blocks NO bitcoin clone blocks

{
"hash" : "b2a031a9d996f8b801b7b0e837e95b7c086064eecd3f1bd48465717d2ffb5815",
"confirmations" : 9228,
"size" : 283,
"height" : 8000,
"version" : 1,
"merkleroot" : "ba2b96252d23acba2bf2765976fd1cd9311ad89e3ac11f3091a6a272de2b2e08",
"tx" : [
"ba2b96252d23acba2bf2765976fd1cd9311ad89e3ac11f3091a6a272de2b2e08"
],
"time" : 1508828232,
"minerid" : 6,
"signature" : "3046022100c558a9fd5918eda0047eeaba683fcd059926962b24d52adade910351ee270a9d02210 0987806985371cf8490bed97baa829e0afeea2f6587a4b063f333ebc0577afbe3",
"previousblockhash" : "c901d27ff97e1edeb738a77fbb42984b3fbeb2efdbb0547aec43fbc770726910",
"nextblockhash" : "81285e9e70c2dc8b3062789570ddf137cb5593afbda180c97ae654e9bbfd7229"
}


XFUEL is signing blocks with a new technology, called Proof of Signature.

-------

Why the source is closed?

Dev isn't going to release code yet risking that someone or group trying to copy tech and release before XBY.

Great this is a good start to opening up the project.  Hopefully the progress will be far enough that the code can go up and we can all scan it.

[bigboss154]

BORZ 777 is 48 Hours Away
Be sure to get your questions posted so that we can choose the 7 best questions for this month.
Remember, this is Borzalom, the technical genius and lead developer of XTRABYTES. So, put your energy into thinking about TECHNICAL questions because he will only answer technical questions during this monthly event.
Thank you in advance for your time and energy to come up with some great questions for Borz!

Here, I think, would be a very promoting question for XBY:
What would be the most important advantages for XBY compare to the actual EOS.IO crypto being currently introduced. ?
I read that EOS.IO will also offer lightning speed transactions and a bunch of other features similar to ETH and blockchain storage. Is XBY got some extra features capable of surpassing EOS.IO ?  And, is XBY ready and functional prior to EOS.IO ?

Thanks Fred.  Good to see you here on the ANN again.  I have sent your question along.  It's a great question!  As I think EOS is much faster than Ethereum and (this is my opinion) has the potential to eventually overcome ETH, in terms of Dapps used on their platform.

EOS has a few issues, one being it only uses a small number (I think 100 full nodes) for the entire network. This is extremely centralized, and DPOS (delegated POS) has zero protection against 51% or DDOS attacks. With such a small number of nodes, and no safeguards in place against those type of attacks it isn't really solving anything (arguably making things worse compared to Eth). Not only that but the entire system is unauditable for the normal holder and the voting system is a clusterfuck. PoSign, at least on paper, solves all of those issues.  I saw the spat between Vitalik and Dan arguing which of their platforms were better, but neither of them really did too well.

[everythingisgreat]

BORZ 777 is 48 Hours Away
Be sure to get your questions posted so that we can choose the 7 best questions for this month.
Remember, this is Borzalom, the technical genius and lead developer of XTRABYTES. So, put your energy into thinking about TECHNICAL questions because he will only answer technical questions during this monthly event.
Thank you in advance for your time and energy to come up with some great questions for Borz!

Here, I think, would be a very promoting question for XBY:
What would be the most important advantages for XBY compare to the actual EOS.IO crypto being currently introduced. ?
I read that EOS.IO will also offer lightning speed transactions and a bunch of other features similar to ETH and blockchain storage. Is XBY got some extra features capable of surpassing EOS.IO ?  And, is XBY ready and functional prior to EOS.IO ?

Thanks Fred.  Good to see you here on the ANN again.  I have sent your question along.  It's a great question!  As I think EOS is much faster than Ethereum and (this is my opinion) has the potential to eventually overcome ETH, in terms of Dapps used on their platform.

EOS has a few issues, one being it only uses a small number (I think 100 full nodes) for the entire network. This is extremely centralized, and DPOS (delegated POS) has zero protection against 51% or DDOS attacks. With such a small number of nodes, and no safeguards in place against those type of attacks it isn't really solving anything (arguably making things worse compared to Eth). Not only that but the entire system is unauditable for the normal holder and the voting system is a clusterfuck. PoSign, at least on paper, solves all of those issues.  I saw the spat between Vitalik and Dan arguing which of their platforms were better, but neither of them really did too well.

This is true the question will be how long it takes people to realize the benefits of XBY over EOS.  EOS has a bigger audience from the start.  Hopefully XBY will make a big splash soon to get even more eyes on it.

[zhou2]

Hope your dream come true Borzalom! HODL.

[everythingisgreat]

Do we know if it is going to be an event like last month or just a written statement?  I'm okay with either format but it would be good to know for people to plan out their day.

[Optimiza]

Hi, there was a lot of focus back in september on the test network, but these last weeks I have not found chatter on it or the results of testing.  Any progress on that front?     

[CCRevolution]

Hi, there was a lot of focus back in september on the test network, but these last weeks I have not found chatter on it or the results of testing.  Any progress on that front?     

The initial testnet resulted in our ability to create XFUEL. More testing will come as the other layers of tech must be programmed in order to handle the thousands of STATICS that will make up our network.

Thank you!

[CCRevolution]

BORZALOM 777 STARTING IN 2.5 HOURS

BORZALOM 777 STARTING IN 2.5 HOURS

[everythingisgreat]

Excellent!  Cant wait to see what is going on inside that head of his.

[Optimiza]

Hi, there was a lot of focus back in september on the test network, but these last weeks I have not found chatter on it or the results of testing.  Any progress on that front?     

The initial testnet resulted in our ability to create XFUEL. More testing will come as the other layers of tech must be programmed in order to handle the thousands of STATICS that will make up our network.

Thank you!

Thank you for the update.  That will be the day when the scaffold is finally  taken off the ship and she deploys, may it arrive sooner than later!

[CCRevolution]

90 MINUTES UNTIL BORZ 777

Venue announced in 30 minutes...

[EbenTheva]

90 MINUTES UNTIL BORZ 777

Venue announced in 30 minutes...

Looking forward to it!!

[CCRevolution]

STARTING 60 MINUTES FROM NOW!

BORZALOM 777

7 Questions at 7PM GMT on the 7th of the month.

We have collected several questions and have chosen the best tech questions to be answered tonight. Last month, this was done live with audio and it was a great success. However, this month there has been so many other things happening that we elected to keep it more simple and have chosen to hold the venue, right here on the forum.

So, no SLACK or any other invites are required. Just sit back and watch for the questions from CCRevolution and the follow-up post from Borzalom a few minutes later! If we end up with spam flooding the page, don't worry... Just simple visit Borzalom's Direct Messages and you will see as each question is answered.

Thank you!!

[EbenTheva]

Ok we are here and ready Dave...

[enkiamo]

STARTING 60 MINUTES FROM NOW!

BORZALOM 777

7 Questions at 7PM GMT on the 7th of the month.

We have collected several questions and have chosen the best tech questions to be answered tonight. Last month, this was done live with audio and it was a great success. However, this month there has been so many other things happening that we elected to keep it more simple and have chosen to hold the venue, right here on the forum.

So, no SLACK or any other invites are required. Just sit back and watch for the questions from CCRevolution and the follow-up post from Borzalom a few minutes later! If we end up with spam flooding the page, don't worry... Just simple visit Borzalom's Direct Messages and you will see as each question is answered.

Thank you!!

Anyone have any last minute questions?  I will see to it that they are answered at some point in the future.

[CCRevolution]

Ok we are here and ready Dave...

Thank you Eben and great to see you here, as always!!