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

[PTOWNER]

Guys- The fees will be lowered. Dev team needs to be compensated while we get through next few phases. Long term fees are a non issue.

[1714722339]

1714722339

[Geraldo]

Any news about the Yobit situation? It's been more than a month.

[krizniq]

btw am i getting right, that static node now costs about 12k usd ? 500k xby as deposit which not belongs to node operator as it's locked there?
sorry for that kind of question, problbly not reading so carefully ...

[dotmanifest]

btw am i getting right, that static node now costs about 12k usd ? 500k xby as deposit which not belongs to node operator as it's locked there?
sorry for that kind of question, problbly not reading so carefully ...

I'm not sure about USD price, but it's actually ~600k xby for lvl 1 nodes. There is a 100k fee (which you can't get back) on top of 500k (that you can sell anytime by breaking the node) plus 100xby for the transactions. There will also be lvl 2 nodes which should be ~250k each?

You can break nodes at anytime and get your 500k/250k back!

[enkiamo]

I dont knowk still when you want to have a real usage of these network with lowered XBY fees (aka tax for dev team), because we dont know this. And where is whitepaper? It's 4 months now, so it was quite a long time to make it.

It is experimental project! We said it so many times?! Whitepaper will be on the end of everything. Now tech is changing every single day.
And project with fees is so great u will like it. Just wait for official ANN about fee system

Instead of coming out with a concept first and then the whitepaper, XBY is taking an unconventional approach by coming out with a working platform and then following that up with the whitepaper.

[muf18]

Don't get so emotional it's just numbers, 0s and 1s, didnt know that it makes you so emotional.
Act professional as like member of team should act.

[krizniq]

btw am i getting right, that static node now costs about 12k usd ? 500k xby as deposit which not belongs to node operator as it's locked there?
sorry for that kind of question, problbly not reading so carefully ...

I'm not sure about USD price, but it's actually ~600k xby for lvl 1 nodes. There is a 100k fee (which you can't get back) on top of 500k (that you can sell anytime by breaking the node) plus 100xby for the transactions. There will also be lvl 2 nodes which should be ~250k each?

You can break nodes at anytime and get your 500k/250k back!

thanks, something very similar i've meant. Didn't know that node can be dismantled tho. Thanks mate

[aarell]

Don't get so emotional it's just numbers, 0s and 1s, didnt know that it makes you so emotional.
Act professional as like member of team should act.

You can participate in testnet.

[yosir]

Don't get so emotional it's just numbers, 0s and 1s, didnt know that it makes you so emotional.
Act professional as like member of team should act.

I am not team member so I can act as not professional and be emotional about some people that time after time come here and without reading oh so many discussions before, 154's time asking "why there is no white paper", "why fees are so high" etc. With one's and zeros I am fine, with annoying people less.

[muf18]

I dont talk about you I talk about @bikerleszno, I suppose you are from Poland, and you just delete 2 of your posts, which one of them was quite emotional, I didnt read second, because only saw that it was created on my computer than I have to do sth and now I read and these 2 posts are missing. Ok, at least you have approved that I have some point in it.
Should quote tho, because it will always stay permament.

[dotmanifest]

Don't get so emotional it's just numbers, 0s and 1s, didnt know that it makes you so emotional.
Act professional as like member of team should act.

Hard not to have emotions about 1s and 0s when you could have 1,000,000 vs 100 lol 

[enkiamo]

I registered for the testnet and things, now I'm wondering, will the testnet coins be distinguishable from my real coins??

Okay, you signed up, great!

Now we are waiting for the new TestWallet that will be made available.
When TestWallet is available, you download and install it.
In this TestWallet, there will be TestCoins XBY, to solicit maximum XBY network.
So, people will use another specific wallet for TESTNET with TestCoins XBY.
No risk of mixing with your real XBY parts.
TestWallet will be available when we have ideally 512 registered users for TestNet.

Everyone is invited to sign up, it's free, it is not necessary to own XBY.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * *
If you want to see the transactions and blocks being mined by the STATIC miners, you can see from the TESTNET explorer:
http://testnet.xtrabytes.global/index.php

Again, keep in mind that we are sorting out the bugs before the PUBLIC test. This is however, our first look at the live tech!!
* * * * * * * * * * * * * * * * * * * * * * * * * * * * *

REMINDER TO JOIN THE XTRABYTES TEST-NET

Head to our Slack and speak to Rule144 to get involved!

Steemit post with more info on what the Testnet is and how it benefits XTRABYTES

https://steemit.com/cryptocurrency/@xtrabytes/xtrabytes-test-net-has-begun

Slack invite link: https://xtrabytes.herokuapp.com

I believe there are a few more spots available for TESTNET.

[dbc23]

Don't get so emotional it's just numbers, 0s and 1s, didnt know that it makes you so emotional.
Act professional as like member of team should act.

Hard not to have emotions about 1s and 0s when you could have 1,000,000 vs 100 lol 

Lol, good point, I'd suppose the one doesn't matter nearly as much as the zeroes.

[yesiam6]

has the roadmap been released yet i can't find it googling and i don't want to read the whole thread
i really like this coin tho

[CCRevolution]

TESTING FEES - TESTNET EXPANSION

Hello Everyone!

Just getting caught up here after a busy day at my end and noticed Biker had posted some great info about the fees. So, I thought it was important to first of all say that the numbers he is reporting are not to be considered as anything other than test numbers.

What Borz is doing here is actually playing with his scaled fees theory, and was trying some scenarios today. But, the final fees system will be very different and will possibly even have some trust factors involved, which would result in free transactions between friends and things like that. It is also important to note that a security feature was being tested and if a transaction was less that the normal fee, the fee doubled and this is to fight transaction spam of 1 XBY, which in this case would cost the attacker 101 XBY for 1 transaction...

So, there will be different scenarios worked through before our next live wallet update.

Otherwise, as you could see the testing was otherwise very fast and successful today and we did in fact add an additional 7 testers to the TESTNET tonight. We will continue to add people while we work our way up to the full 512 nodes and at that point, some major testing will occur.

Anyone else interested in participating, please be sure to download the latest wallet for your machine at the ANN and then get in touch with @rule144 on Slack for further instructions.


* * * * * * * * * * * * * * * * * * * * * * * * * * * * *
If you want to see the transactions and blocks being mined by the STATIC miners, you can see from the TESTNET explorer:
http://testnet.xtrabytes.global/index.php

Again, keep in mind that we are sorting out the bugs before the PUBLIC test. This is however, our first look at the live tech!!
* * * * * * * * * * * * * * * * * * * * * * * * * * * * *


Thank you all for your patience Smiley

Dave

[bikerleszno]

I dont talk about you I talk about @bikerleszno, I suppose you are from Poland, and you just delete 2 of your posts, which one of them was quite emotional, I didnt read second, because only saw that it was created on my computer than I have to do sth and now I read and these 2 posts are missing. Ok, at least you have approved that I have some point in it.
Should quote tho, because it will always stay permament.

I am not emotionally. Problem is with my language. I don`t know many words so I am using that ones I know and later, sometimes people are thinking my behaviour is bad or something but dont worry I am nice but english is not so good like it should be Sometimes better to delete something than trying to explain

[enkiamo]

TESTING FEES - TESTNET EXPANSION

Hello Everyone!

Just getting caught up here after a busy day at my end and noticed Biker had posted some great info about the fees. So, I thought it was important to first of all say that the numbers he is reporting are not to be considered as anything other than test numbers.

What Borz is doing here is actually playing with his scaled fees theory, and was trying some scenarios today. But, the final fees system will be very different and will possibly even have some trust factors involved, which would result in free transactions between friends and things like that. It is also important to note that a security feature was being tested and if a transaction was less that the normal fee, the fee doubled and this is to fight transaction spam of 1 XBY, which in this case would cost the attacker 101 XBY for 1 transaction...

So, there will be different scenarios worked through before our next live wallet update.

Otherwise, as you could see the testing was otherwise very fast and successful today and we did in fact add an additional 7 testers to the TESTNET tonight. We will continue to add people while we work our way up to the full 512 nodes and at that point, some major testing will occur.

Anyone else interested in participating, please be sure to download the latest wallet for your machine at the ANN and then get in touch with @rule144 on Slack for further instructions.


* * * * * * * * * * * * * * * * * * * * * * * * * * * * *
If you want to see the transactions and blocks being mined by the STATIC miners, you can see from the TESTNET explorer:
http://testnet.xtrabytes.global/index.php

Again, keep in mind that we are sorting out the bugs before the PUBLIC test. This is however, our first look at the live tech!!
* * * * * * * * * * * * * * * * * * * * * * * * * * * * *


Thank you all for your patience Smiley

Dave

Great idea on the sliding fee scale!

[yosir]

TESTING FEES - TESTNET EXPANSION

Hello Everyone!

Just getting caught up here after a busy day at my end and noticed Biker had posted some great info about the fees. So, I thought it was important to first of all say that the numbers he is reporting are not to be considered as anything other than test numbers.

What Borz is doing here is actually playing with his scaled fees theory, and was trying some scenarios today. But, the final fees system will be very different and will possibly even have some trust factors involved, which would result in free transactions between friends and things like that. It is also important to note that a security feature was being tested and if a transaction was less that the normal fee, the fee doubled and this is to fight transaction spam of 1 XBY, which in this case would cost the attacker 101 XBY for 1 transaction...

So, there will be different scenarios worked through before our next live wallet update.

Otherwise, as you could see the testing was otherwise very fast and successful today and we did in fact add an additional 7 testers to the TESTNET tonight. We will continue to add people while we work our way up to the full 512 nodes and at that point, some major testing will occur.

Anyone else interested in participating, please be sure to download the latest wallet for your machine at the ANN and then get in touch with @rule144 on Slack for further instructions.


* * * * * * * * * * * * * * * * * * * * * * * * * * * * *
If you want to see the transactions and blocks being mined by the STATIC miners, you can see from the TESTNET explorer:
http://testnet.xtrabytes.global/index.php

Again, keep in mind that we are sorting out the bugs before the PUBLIC test. This is however, our first look at the live tech!!
* * * * * * * * * * * * * * * * * * * * * * * * * * * * *


Thank you all for your patience Smiley

Dave

Hi CCR, great news and update. I think that coinmarketcap hasn't updated new logo for view from mobile devices as I still see the old one (worth check).

[LostWords]

I love the progress. Great update bikerleszno and CCRevolutions!

[CCRevolution]

Hi CCR, great news and update. I think that coinmarketcap hasn't updated new logo for view from mobile devices as I still see the old one (worth check).

Thank you Yosir! CMC has our logo and they have updated the website so I can only assume it is a matter of time for them to do the other logos. Let's give them a couple more days and if they still have not updated, I will have our Exchange Manager drop them a note.

Have a great day!!

Dave