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

[Sir Mouth Breather]

Thanks for the explanation CCRevolution.

[CCRevolution]

SLACK REGISTRATION

Slack is currently invitation only.

Please send a DM to either:
fishfishfish313
BRYAN_K
rule144
cefinnell01
CCRevolution

and we will manually add you to the Slack.
Thank you for your patience and understanding!

[smokim87]

XFUEL Simplified

XFUEL is an internal development token for the XTRABYTES platform:

Primary Use - Paying Developers and Helpers

How can it be used - Optional 33% space inside STATIC deposits

Why would I buy it - For STATIC nodes. The XBY/XFUEL deposit capacity for the XTRABYTES STATIC network is more than 650 million XBY. Otherwise, you can buy and sell like any other coin on X-CHANGE at free market prices.

Where do I buy it - On the DEX P2P module X-CHANGE which will be available later, on the XTRABYTES platform.

Can I get some now - All workers, helpers and developers will be paid XFUEL. Maybe they will be willing to trade directly until the X-CHANGE is ready, inside the XFUEL Trading Room on Slack #xfueltrading. There is no other way to get XFUEL.

If I am paid XFUEL and I want a STATIC, can I use XFUEL - Yes, you can make a deposit wallet that has approx. 67% XBY and 33% XFUEL. (amounts below)

What if I don't have enough XFUEL for a STATIC - buy or work for more.

What if there are no XFUEL available and I want a STATIC today - Buy more XBY as you can still fill a STATIC with ONLY XBY.

Can I make a STATIC with ONLY XFUEL - No

Can I make a STATIC with only 20% XFUEL - No, it must be the fixed amount, as seen below.

How much will XFUEL cost - XFUEL is traded on free market pricing based on supply and demand.




Required deposits of STATIC nodes:
Level 1 is: 500,000 XBY  or  330,000 XBY + 170,000 XFUEL
Level 2 is: 250,000 XBY  or  170,000 XBY + 80,000 XFUEL
Level 3 is: 125,000 XBY  or  85,000 XBY + 40,000 XFUEL

Makes it clear now but I was wondering how is XFUEL created? How much is the total supply of XFUEL, who controls that supply. When you say "buy XFUEL" how (before it hits the dex from users that earned it) and who do I buy it from? If I wanted to buy some the moment it's released what is the rate of exchange?

I still think lower tier statics should cost less XBY, open the door for smaller people interested to get in. If the network is going to scale I believe it'll need 1000s of 1000s of nodes, the more the merrier. Also the more there is the less centralized it becomes, someone grabbing 100 nodes out of 10,000 available is better then one getting a 100 nodes out of a 1000.

[bigboss154]

Different tier nodes can be added at any time I assume, if say they wanted a Level 4 tier at 62500 XBY for example.

[CCRevolution]

XFUEL Simplified

XFUEL is an internal development token for the XTRABYTES platform:

Primary Use - Paying Developers and Helpers

How can it be used - Optional 33% space inside STATIC deposits

Why would I buy it - For STATIC nodes. The XBY/XFUEL deposit capacity for the XTRABYTES STATIC network is more than 650 million XBY. Otherwise, you can buy and sell like any other coin on X-CHANGE at free market prices.

Where do I buy it - On the DEX P2P module X-CHANGE which will be available later, on the XTRABYTES platform.

Can I get some now - All workers, helpers and developers will be paid XFUEL. Maybe they will be willing to trade directly until the X-CHANGE is ready, inside the XFUEL Trading Room on Slack #xfueltrading. There is no other way to get XFUEL.

If I am paid XFUEL and I want a STATIC, can I use XFUEL - Yes, you can make a deposit wallet that has approx. 67% XBY and 33% XFUEL. (amounts below)

What if I don't have enough XFUEL for a STATIC - buy or work for more.

What if there are no XFUEL available and I want a STATIC today - Buy more XBY as you can still fill a STATIC with ONLY XBY.

Can I make a STATIC with ONLY XFUEL - No

Can I make a STATIC with only 20% XFUEL - No, it must be the fixed amount, as seen below.

How much will XFUEL cost - XFUEL is traded on free market pricing based on supply and demand.




Required deposits of STATIC nodes:
Level 1 is: 500,000 XBY  or  330,000 XBY + 170,000 XFUEL
Level 2 is: 250,000 XBY  or  170,000 XBY + 80,000 XFUEL
Level 3 is: 125,000 XBY  or  85,000 XBY + 40,000 XFUEL

Makes it clear now but I was wondering how is XFUEL created? How much is the total supply of XFUEL, who controls that supply. When you say "buy XFUEL" how (before it hits the dex from users that earned it) and who do I buy it from? If I wanted to buy some the moment it's released what is the rate of exchange?

I still think lower tier statics should cost less XBY, open the door for smaller people interested to get in. If the network is going to scale I believe it'll need 1000s of 1000s of nodes, the more the merrier. Also the more there is the less centralized it becomes, someone grabbing 100 nodes out of 10,000 available is better then one getting a 100 nodes out of a 1000.

XFUEL is an XBY clone with the same premined supply as XBY, but the target for completion of development is to have an emission around 218 million, to leave around 100 million XBY in circulation. The remaining XFUEL will be burned. It is controlled by the community, kept in cold storage and we will ONLY release the weekly amount needed to pay for the work that has been done, so it will come out slowly. We have a team for payment operations and there will be a block explorer that shows everything about the transaction, so that it is audit-able.

You can only buy from the people who have received it for the work they have done or are doing. There will be back pay for services also, so you will receive some for your services. Otherwise, we are setting up a temporary moderated room in Slack where people can trade directly until the X-CHANGE is ready. The cost of XFUEL is determined by the free market through normal supply and demand.

Currently there are 3584 STATICS coming available. After the community decides to split the network (when the price is too high for transferring of nodes at affordable levels) this first split will result in the same amount of coins being in 7168 STATICS and when the price again rises too high, the community will again decide to split, resulting in the same amount of coins being in 14,336 STATICS and so on... This is an infinitely scale-able network, but the coin supply will remain the same.

Great questions Smoke! Thank you!

There is also a lot of great info in the post above from Borzalom during last nights Q&A. I translated it today so look for the Q&A post with the blue letters.

[ldsanity]

Just say it, you need investors' money to pay the devs. It's ok to say it. 

[CCRevolution]

Just say it, you need investors' money to pay the devs. It's ok to say it.  

Yes, we have said that several times in the information released to date.

However, several people are starting to realize how ingenious this actually is. They have spent the time reading and understanding and have read all the questions and answers and have spent time in Slack asking and reading the questions and answers. So, if everyone starts to do this, there is a very good chance they will get in on the beginning of what will surely become one of the greatest success stories in crypto.

Thank you for being here!

[CCRevolution]

XTRABYTES WEBSITE UPDATE

Thank you to EVERYONE who has worked on our website to date. They have done a fantastic job overall and I would like to mention everyone but rather than leave anyone out I will just say on behalf of the XTRABYTES Community, thank you all for your contributions and for those busting their butts for the last 2 weeks - THANK YOU!!! You all are AWESOME!!

XFUEL is in the MAIL!!

https://xtrabytes.global/

[bikerleszno]

Yeah great we have new website

[BariaczRoni]

Can i sent coin to YOBIT exchange now ?

[EbenTheva]

XTRABYTES WEBSITE UPDATE

Thank you to EVERYONE who has worked on our website to date. They have done a fantastic job overall and I would like to mention everyone but rather than leave anyone out I will just say on behalf of the XTRABYTES Community, thank you all for your contributions and for those busting their butts for the last 2 weeks - THANK YOU!!! You all are AWESOME!!

XFUEL is in the MAIL!!

https://xtrabytes.global/

Thanks Dave.. Looks amazing.. Very excited about the XBY future!!

[dotmanifest]

XTRABYTES WEBSITE UPDATE

Thank you to EVERYONE who has worked on our website to date. They have done a fantastic job overall and I would like to mention everyone but rather than leave anyone out I will just say on behalf of the XTRABYTES Community, thank you all for your contributions and for those busting their butts for the last 2 weeks - THANK YOU!!! You all are AWESOME!!

XFUEL is in the MAIL!!

https://xtrabytes.global/

Incredible, it should be obvious that there is great progress being done here!

[Bmub]

After lurking for a long time I just registered to say thanks to the whole xby team.
If the tech backs up what is promised on the website, this is gonna be a huge project.
Can't wait for the whitepaper!
Keep doing what you are doing and don't let the sometimes negative comments get under your skin.

[mica3006]

impossible not to notice the work that has been done in recent weeks, we also notice a strong and enthusiastic community. Let's continue on this

https://img15.hostingpics.net/pics/218292borzalomneverworry.png

Mica.

[treepixel]

Just wish their roadmap had some dates on it.
https://xtrabytes.global/#roadmap

[Zeehenk]

Just wish their roadmap had some dates on it.
https://xtrabytes.global/#roadmap

I prefer not to see any dates. I'm also in ARK (as you might have guessed) and they never give dates. I would prefer that 1000 times over the "soon" that XBY is always preaching. "Soon" is just a nice way of saying "stop nagging, we're not done yet. The fact that "soon" has become a rolling joke on slack/ ANN is pretty bad, to be honest. Don't give dates, but still give constant updates means nobody will be disappointed when deadlines are not met. This will eventually happen like in any business. Just don't give any dates and wait for updates. The XBY team should make sure that every week is still entertaining to maintain interest of the public, though.

[sokolasi]

XTRABYTES WEBSITE UPDATE

Thank you to EVERYONE who has worked on our website to date. They have done a fantastic job overall and I would like to mention everyone but rather than leave anyone out I will just say on behalf of the XTRABYTES Community, thank you all for your contributions and for those busting their butts for the last 2 weeks - THANK YOU!!! You all are AWESOME!!

XFUEL is in the MAIL!!

https://xtrabytes.global/

Are we seeing some move here..? Keep the nice job guys..!
XBY is gonna move crypto in the new age!
The ONLY hard thing is making you believe.
But wait... we won't try hard.
Thats because the tech of PoSign is here.
Find out more in xtrabytes web site.

[aarell]

XTRABYTES WEBSITE UPDATE

Thank you to EVERYONE who has worked on our website to date. They have done a fantastic job overall and I would like to mention everyone but rather than leave anyone out I will just say on behalf of the XTRABYTES Community, thank you all for your contributions and for those busting their butts for the last 2 weeks - THANK YOU!!! You all are AWESOME!!

XFUEL is in the MAIL!!

https://xtrabytes.global/

Incredible, it should be obvious that there is great progress being done here!

Thanks to Borzalom, Ccrevolution and all the board members for their hard work.

[aarell]

XFUEL Simplified

XFUEL is an internal development token for the XTRABYTES platform:

Primary Use - Paying Developers and Helpers

How can it be used - Optional 33% space inside STATIC deposits

Why would I buy it - For STATIC nodes. The XBY/XFUEL deposit capacity for the XTRABYTES STATIC network is more than 650 million XBY. Otherwise, you can buy and sell like any other coin on X-CHANGE at free market prices.

Where do I buy it - On the DEX P2P module X-CHANGE which will be available later, on the XTRABYTES platform.

Can I get some now - All workers, helpers and developers will be paid XFUEL. Maybe they will be willing to trade directly until the X-CHANGE is ready, inside the XFUEL Trading Room on Slack #xfueltrading. There is no other way to get XFUEL.

If I am paid XFUEL and I want a STATIC, can I use XFUEL - Yes, you can make a deposit wallet that has approx. 67% XBY and 33% XFUEL. (amounts below)

What if I don't have enough XFUEL for a STATIC - buy or work for more.

What if there are no XFUEL available and I want a STATIC today - Buy more XBY as you can still fill a STATIC with ONLY XBY.

Can I make a STATIC with ONLY XFUEL - No

Can I make a STATIC with only 20% XFUEL - No, it must be the fixed amount, as seen below.

How much will XFUEL cost - XFUEL is traded on free market pricing based on supply and demand.




Required deposits of STATIC nodes:
Level 1 is: 500,000 XBY  or  330,000 XBY + 170,000 XFUEL
Level 2 is: 250,000 XBY  or  170,000 XBY + 80,000 XFUEL
Level 3 is: 125,000 XBY  or  85,000 XBY + 40,000 XFUEL

Nicely explained by Ccrevolution.

[ThepowerofD]

Love the website Awesome work guys!!!