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Author Topic: [NEW XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER  (Read 371099 times)
cedlemercier
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August 29, 2017, 06:15:49 AM
 #3781

XBY being Recommended as a Must-Buy in this Article below
https://steemit.com/cryptocurrencies/@niklasmato/crypto-investment-tips-for-the-end-of-august-2017
cedlemercier
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August 29, 2017, 06:18:24 AM
 #3782


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






aioc
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August 29, 2017, 09:05:15 AM
 #3783


I believe they are a must buy too I've had 50,000 xtrabyte and will control myself not to dump this coin although it's a see they they comes up and down and price is not moving at all to 600 to 700 level at least but a lot of comments here makes me believe this is a highly potential coin in the future

Fatoshi
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August 29, 2017, 09:47:49 AM
 #3784


I believe they are a must buy too I've had 50,000 xtrabyte and will control myself not to dump this coin although it's a see they they comes up and down and price is not moving at all to 600 to 700 level at least but a lot of comments here makes me believe this is a highly potential coin in the future


Dump? You should be thinking about buying more. Im 100% sure this is a billion dollar project. Get the tech finished...then bittrex and the chart will go vertical. We might be nearly there by christmas is my guess.
cedlemercier
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August 29, 2017, 09:53:34 AM
 #3785


How the XtraBYtes Blockchain works.
As introduction XtraBYtes is a newly invented algorithm that does not require any traditional type of mining support, such as: POW or POS. We have created something called Proof of Signature (POSign)which ensures that 100% of all blocks will be signed by the system when they occur. The blocks are signed by the network of Master Nodes after verifying the transactions in the block.
Typical P2P Networks work something like this……

https://medium.com/@xxxxxxxddfeutt/how-the-xtrabytes-blockchain-works-69979081bf42


XBY: Unique project and great opportunity at this price !
hasteee
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August 29, 2017, 09:59:17 AM
 #3786


I believe they are a must buy too I've had 50,000 xtrabyte and will control myself not to dump this coin although it's a see they they comes up and down and price is not moving at all to 600 to 700 level at least but a lot of comments here makes me believe this is a highly potential coin in the future


Dump? You should be thinking about buying more. Im 100% sure this is a billion dollar project. Get the tech finished...then bittrex and the chart will go vertical. We might be nearly there by christmas is my guess.

Keen to see the next test with 100 servers online now. Shocked
hasteee
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August 29, 2017, 10:06:10 AM
 #3787


How the XtraBYtes Blockchain works.
As introduction XtraBYtes is a newly invented algorithm that does not require any traditional type of mining support, such as: POW or POS. We have created something called Proof of Signature (POSign)which ensures that 100% of all blocks will be signed by the system when they occur. The blocks are signed by the network of Master Nodes after verifying the transactions in the block.
Typical P2P Networks work something like this……

https://medium.com/@xxxxxxxddfeutt/how-the-xtrabytes-blockchain-works-69979081bf42


XBY: Unique project and great opportunity at this price !

Interesting, this explains a lot of what I saw in my testing experience. Smiley
cedlemercier
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August 29, 2017, 11:11:43 AM
 #3788

I was responsible for a big chunk of the buying over the last 24 hours...

Basically, my strategy which has served me well over the 6 years I have been in cryptos, is what I call the "cherry picker". I simply do a lot of research, find coins that show HUGE potential based on a number of criteria, ensure that the marketcap has a favourable risk/reward ratio, and then I go balls deep and hodl for years Grin

Additionally, I only go for gen 3 coins meaning the backend is something other than a gen 1 POW/POS system, preferably not even gen 2 (e.g. dPos-based systems, ETH). I consider gen 3 to be structures such as a DAG https://en.wikipedia.org/wiki/Directed_acyclic_graph (Byteball,IOTA,ADK), Block Lattice (Raiblocks), or something entirely different than what is currently out there (what MAID is working on, what DLS formerly WBB is about to come out with, what Radix is about to come out with, and this new Proof of Signature that Xtrabytes is developing).

I really like what I have seen so far with the devs and community here and I have no doubt that Xtrabytes is going to be a huge success.

Keep up the great work!

NEWBIE TIP: Just by being in this thread you have already picked a winner. That's not the hard part. Being "right" is easy - now you must "sit tight". Buy as many Xtrabytes as you can, put them in cold storage, forget about them, come back in a couple of years. Thank me then  Smiley

PATIENCE is all it takes.


Nice to see you here, welcome on Xtrabytes :-)
AlUz
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August 29, 2017, 11:21:50 AM
 #3789


I believe they are a must buy too I've had 50,000 xtrabyte and will control myself not to dump this coin although it's a see they they comes up and down and price is not moving at all to 600 to 700 level at least but a lot of comments here makes me believe this is a highly potential coin in the future


Dump? You should be thinking about buying more. Im 100% sure this is a billion dollar project. Get the tech finished...then bittrex and the chart will go vertical. We might be nearly there by christmas is my guess.
I hope too this is a very perspective project. Even one positive post or activity is a good support for us!
hasteee
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August 29, 2017, 12:27:19 PM
 #3790

Doing my bit pal.

I hope this project can attract some top developers for its dApps, everything points toward it being an excellent platform to develop on that's for sure.

Also price holding firm in consolidation phase at ~540sats on Cryptopia, can't be long before we see an increase in the floor now surely.

Anyone know if there's any news in the pipeline? Cheesy
kronos123
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August 29, 2017, 12:42:01 PM
 #3791


I believe they are a must buy too I've had 50,000 xtrabyte and will control myself not to dump this coin although it's a see they they comes up and down and price is not moving at all to 600 to 700 level at least but a lot of comments here makes me believe this is a highly potential coin in the future


Dump? You should be thinking about buying more. Im 100% sure this is a billion dollar project. Get the tech finished...then bittrex and the chart will go vertical. We might be nearly there by christmas is my guess.

This is great and I just hope it!
XBY is a real revolution and is different from any other crypto out there:
Or are all Pow with enormous energy expense or Pos, while XBY when it finishes its tests will go to the moon, and other crypto will copy its Posign system!
Delphinus
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August 29, 2017, 12:52:13 PM
 #3792

XBY is one of these projects where you have to wait for a relatively long (crypto) time but get huge rewards if you stick around!

hasteee
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August 29, 2017, 01:03:12 PM
 #3793

XBY is one of these projects where you have to wait for a relatively long (crypto) time but get huge rewards if you stick around!

Yep, once people realise what this coin is capable of I think there's going to be a lot of happy XBY holders. I'll be grabbing some more when I get paid again. Smiley
Optimiza
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August 29, 2017, 02:03:48 PM
 #3794

As an investor, I am optimistic about the XBY's new technology (POSign, Vitals,etc . ..) and put my trust on the developers. However, I genuinely would like to know the criticisms against it if they are out there.  The technology is "experimental" after all, so I cannot discount if it might be a chimeric dream or if there is some big hurdle that the tests and simulations will reveal.  On the other hand, reassurances that tests and simulations are promising and everything is going according to plan would help cement my faith in XBY.
Fatoshi
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August 29, 2017, 02:03:56 PM
 #3795

XBY is one of these projects where you have to wait for a relatively long (crypto) time but get huge rewards if you stick around!

Yep, once people realise what this coin is capable of I think there's going to be a lot of happy XBY holders. I'll be grabbing some more when I get paid again. Smiley


Who knows it might not take mich longer to see awareness of xby jump and correspodimg price jump even before bittrex and open source. I see absolutly no logic that we have 15m marketcap when in term of promised and planned function and specs we basically piss over everyone in crypto. I respect a lot of these big cap projects but why do silicon tech nerds wet their pants fot Tezos which got millions amd seems no more along in development than us those same people  havent even heard of Xtrabytes......that imbalance cant and wont last for much longer.

https://medium.com/@linda.xie/a-beginners-guide-to-tezos-c9618240183f
Optimiza
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August 29, 2017, 02:10:25 PM
 #3796

Tezos reminds me of a bag of Tortilla Chips.  I just can't bring myself to invest in the project based on its name. Shallow I know. Roll Eyes
Fatoshi
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August 29, 2017, 02:18:15 PM
 #3797

As an investor, I am optimistic about the XBY's new technology (POSign, Vitals,etc . ..) and put my trust on the developers. However, I genuinely would like to know the criticisms against it if they are out there.  The technology is "experimental" after all, so I cannot discount if it might be a chimeric dream or if there is some big hurdle that the tests and simulations will reveal.  On the other hand, reassurances that tests and simulations are promising and everything is going according to plan would help cement my faith in XBY.


I guess you can call it a weakness but long term I think it could be the making of XBY....what im talking about is the fact we didnt have a bot ICO so we arent well known and the path to getting know these days is to have a big ICO. Also with that we dont have the funds for big pr campaigns.

As you said its experimental but really everything in crypto is experimental that is innovative. We arent open source yet and also we only have one real core coder and visionary even though he gets help. Truth is most big ICOs  only really have 1 or 2 real core coders as the rest are support...pr etc.


My hunch is as much of the work has been done in a very short time period then once open source some wrinkles might need to be ironed out by other fresh developer eyes on the code....but this is conjecture based on nothing really as the developer seems very serious and experienced.

Fatoshi
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August 29, 2017, 02:22:28 PM
 #3798

Tezos reminds me of a bag of Tortilla Chips.  I just can't bring myself to invest in the project based on its name. Shallow I know. Roll Eyes


Its a little shallow to be honest yeah  Grin

Most names in crypto are pretty geeky and star trekky imo. Some didnt like Xtrabytes but i think its being warmed to now. If a project is awesome then the name starts to be accepted even if its not great....i personally think ethereum is a horrible name.
bigboss154
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August 29, 2017, 02:44:37 PM
 #3799

As an investor, I am optimistic about the XBY's new technology (POSign, Vitals,etc . ..) and put my trust on the developers. However, I genuinely would like to know the criticisms against it if they are out there.  The technology is "experimental" after all, so I cannot discount if it might be a chimeric dream or if there is some big hurdle that the tests and simulations will reveal.  On the other hand, reassurances that tests and simulations are promising and everything is going according to plan would help cement my faith in XBY.

If you look at some previous posts by Dave, testing has been going extremely well so far with the public testnet starting soon as well. Smiley
Optimiza
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August 29, 2017, 05:02:14 PM
 #3800


As you said its experimental but really everything in crypto is experimental that is innovative. We arent open source yet and also we only have one real core coder and visionary even though he gets help. Truth is most big ICOs  only really have 1 or 2 real core coders as the rest are support...pr etc.


 Thank you for this insight about 1&2 coders doing the real work in most ICOs.  I've frequently thought when investing in these projects that you are really betting to a large part on the key developers and their ability,  in ethereum's case it was Buterin, in STEEM/bitshares case it was Larimer,  in the XBY's case it is Borz.  May he lead us to the promised land. Not too say that the community and the marketing part is important too.
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