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

[PeoplePower]

Hello,

I have a very noob question ...
I have to change my computer by the end of the year.
It's OK if I take a static on my actual computer, I just have to import the private key of my static wallet on the new one ?

Imo, it would be better if you take the encrypted wallet backup file in the .dat format and import it on your new computer. You should save the private key in any case for extra precaution but just transferring the wallet data file should be sufficient.

[1714910819]

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[1714910819]

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[1714910819]

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[Seb59]

Hello,

I have a very noob question ...
I have to change my computer by the end of the year.
It's OK if I take a static on my actual computer, I just have to import the private key of my static wallet on the new one ?

Imo, it would be better if you take the encrypted wallet backup file in the .dat format and import it on your new computer. You should save the private key in any case for extra precaution but just transferring the wallet data file should be sufficient.

OK Thanks !

[lijoe408]

So i haven't had much time lately to follow this project.  I hold a bit of XBY and haven't gotten a chance to delve that much into xfuel.  So from what i'm gathering is that Xfuel is a direct clone of xby?  The only difference is that it cannot be used to register statics? If I have it wrong can someone can a succinct summary of it?  it seems strange that an additional token would be added to the ecosystem if it wasn't originally part of the initial pitch.

[krizniq]

So i haven't had much time lately to follow this project.  I hold a bit of XBY and haven't gotten a chance to delve that much into xfuel.  So from what i'm gathering is that Xfuel is a direct clone of xby?  The only difference is that it cannot be used to register statics? If I have it wrong can someone can a succinct summary of it?  it seems strange that an additional token would be added to the ecosystem if it wasn't originally part of the initial pitch.

Firstly, XBY is a coin and XFUEL is a token
xfuel usage is for funding comunity/project helpers and xfuel can be PARTIALLY used for buying nodes as XBY will be always required in roughly 67/33 percent xby/xfuel

with L1+L2+L3 nodes together there is NOT ENOUGH XBY to fill them up, so xfuel will be needed in many nodes to free some xby.
xfuel is meant to be as suplemental token so there will be roughly 100millions xby in circulation (rest locked in nodes).

xfuel is running on nodes already, means we have basic tech up and running.

So TL;DR: xfuel is running on xby network, helping xby circulation to maintain desired amount when all nodes are in place. xfuel emmission is selfbalancing so market is never flooded.

[Yankeeruinx]

Hi,

XFUEL is used to fund development of XBY and also expand the STATIC node network. A certain amount will be used and the rest put into cold storage.

XFUELs value comes from it's ability to be used to part fulfil STATIC nodes, if people can buy XFUEL for 1 SAT less than XBY it makes sense to buy it and use it to help fulfil the node. Or if enough XBY is not available on the open market to buy a node then XFUEL can be bought as well.

With just XBY there would only be Level 1 and 2 Nodes. There isn't enough XBY in circulation to creat Level 3 Nodes as well, with XFUEL the Level 3 Nodes can be created and keep XBY with a circulation of 100 Million and create a much more stable platform.

XFUEL will only be traded on the X-Change initially with a XFUEL/XBY pairing. X-Change is a DEX built into XBY's core modules, so Node holders will make money from the transaction fee's from the trading on the DEX.

So to summarise:

XFUEL is paid to Devs.
XFUEL sold on X-Change to increase STATIC Node Network, Devs get paid and network increases.
Node holders earn from transaction fees of modules on Nodes.
XBY is the core payment method for all modules and active circulation will be reduced to 100 million once all nodes are running.

[sokolasi]

So i haven't had much time lately to follow this project.  I hold a bit of XBY and haven't gotten a chance to delve that much into xfuel.  So from what i'm gathering is that Xfuel is a direct clone of xby?  The only difference is that it cannot be used to register statics? If I have it wrong can someone can a succinct summary of it?  it seems strange that an additional token would be added to the ecosystem if it wasn't originally part of the initial pitch.

Buy Now , Follow later.
You loosing time and the coin with moon.
You are very like you found it at this price.
Many have bought at 1500-1700 sat.
A lot of holders around. Weak hands are Off.
Good Luck.

[sokolasi]

HACK TEST COMPETITION

We are offering 1 million XFUEL to anyone who can send us a WRITTEN DESCRIPTION of a hack through our PoSign system.

Rules:

1. DDOS does not qualify - this system is only on 6 servers currently and eventually 10.
2. Must send written description - If you actually hack through you are disqualified from the prize.

We are looking for someone to find a solution to changing the blocks and/or execute invalid transactions. ( again, executing the hack = disqualification )

The purpose of this test is to reveal any holes that need to be patched. XFUEL is not only the development token for XTRABYTES it is also Proof of Tech and it is also good for "target practice" so that we can make sure the XTRABYTES platform is locked down before it goes live with the other 2 layers of tech ( VITALS and PULSE ).

If you discover a hack, please send it by DM ( private message - here on the forum ) to me: CCRevolution and it will be verified. After we have patched the hack, it will be published and the XFUEL prize will be delivered.

Thank you!

Dave and Zoltan

Good move, maybe this way, all these people talking about scam project will make a reverse and spread the rear value of XTRABYTES.

[krizniq]

people are talking bullshits all the time and they will be forever.
scam is favorite followed by shit. Those people are not worth to argue with.

If you can understand what is being build and how it might change everything you know now, you just sit and watch really tight
On top of that, if you are involved in xfuel you can already see how freaking fast everything is and it's ONLY 10nodes basic tech setup!!

[sokolasi]

people are talking bullshits all the time and they will be forever.
scam is favorite followed by shit. Those people are not worth to argue with.

If you can understand what is being build and how it might change everything you know now, you just sit and watch really tight
On top of that, if you are involved in xfuel you can already see how freaking fast everything is and it's ONLY 10nodes basic tech setup!!

You are 100% correct. I receive my 1000 Xfuel 3 days ago and it come to my wallet in a blink of an eye. never seen so fast transaction
Ok, i agree the System is new, no many transactions to load, but instand..?? and running only with 10 nodes??
What XBY achieve with 3854 nodes..?? Stay tuned guys and don't miss that rocket too.
https://xtrabytes.slack.com

[Jeremy_01]

how many coins I need for a static node? I read a lot of information and your story, but I'm not technically strong and would like to know more about using XBY and how it works that is 1,2,3 nodes? Sorry for my English

[SupremeGoose]

how many coins I need for a static node? I read a lot of information and your story, but I'm not technically strong and would like to know more about using XBY and how it works that is 1,2,3 nodes? Sorry for my English

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

[Lopchi]

I agree with PTowner that xfuel release is an indirect way of diluting initial shares. the most obvious case to be made is the fact I can use xfuel for part of an XBY node

Regardless how you'd like to word it or justify it, the shares are definitely being indirectly diluted

I get what you are saying I really do and it was my initial concern. But firstly you got to balance that with the project will now be funded properly and we are at such a low MC anyway the potential moves XBY will make eventually is insignificant. But this is what you are missing..


Yes if Xfuel is used fro nodes then it technically can mean more XBY would be in circulation and not in nodes BUT and this is a big BUT you got to get your head around. The plan is now to have MORE nodes i.e. LV3 nodes. So actually in balance the circulating supply long term actually went down not up. Try to get your head around the fact that XFuel will never be part of XBY supply. All that has happened is MORE NODES and less XBY NEEDED for the MORE NODES. So essentially you just spread XBY across more potentially smaller nodes that are more numerous.

Get back to me with more questions when you get this simple logic.  


An even simpler idea. If nodes now IF DESIRED can have  a little bit of say another alt coin like DASH or ETH in the node but they made more nodes would that affect the demand for XBY?

Its like saying If another coin comes to the crypto market then it will affect the supply of XBY....nonsense.

thanks for responding.

feel free to word it however you like but it's a dilution. what's stopping someone from breaking down there node at anytime to cashout? I can see you make a debate that if the nodes are somehow locked in then the circulation is lower, if not, there's nothing stopping people from breaking down there nodes and selling as they please.

I plan to still hold all my XBY but the xfuel addition is disheartening

goodluck XBY

There was nothing stopping people to break Statics to begin with, from the start it was possible to break Statics whenever you want. So the coins aren't really locked, best would be to sell the Static but there are always reasons why people will break it.

About your concerns that XFUEL is diluting XBY, that is completely not true. People holding XFUEL can do 2 things at the moment, use it for Statics or sell it for XBY.
The way you are using dilution here is in the purest meaning of the word, the team didn't create more XBY but came up with another token to get funds without damaging XBY. If they would of created more XBY then you would of been right. XFUEL is paired only with XBY, this means if someone wants to cash out on XFUEL they need to trade it for XBY first and you can't have a Static without XBY so demand for XBY stays.

The only "dilution" i see here is that because more nodes can be created by using XFUEL it will take longer to be at max Statics cap. But the result will always be the same as what the team intended to do from the start and that is to have a big portion of XBY "locked" into Statics. This so called dilution will make the network much stronger by the way.

XFUEL is really a great idea when you think carefully about it because it generates funds for dev, it gives people that don't have enough money a chance to get a Static (earn xfuel and buy xby, combine them to start one), make it possible to create more Statics to strengthen the network and surely there are more benefits.

Ofcourse sometimes demand for XBY will be lower when XFUEL is cheaper because people will want to have a Static as cheap as possible but there will come a moment that XBY will become harder to get and the value will surely go up. Demand for XBY will always be there because it is the "blood"of the platform.

[Yankeeruinx]

people are talking bullshits all the time and they will be forever.
scam is favorite followed by shit. Those people are not worth to argue with.

If you can understand what is being build and how it might change everything you know now, you just sit and watch really tight
On top of that, if you are involved in xfuel you can already see how freaking fast everything is and it's ONLY 10nodes basic tech setup!!

You are 100% correct. I receive my 1000 Xfuel 3 days ago and it come to my wallet in a blink of an eye. never seen so fast transaction
Ok, i agree the System is new, no many transactions to load, but instand..?? and running only with 10 nodes??
What XBY achieve with 3854 nodes..?? Stay tuned guys and don't miss that rocket too.
https://xtrabytes.slack.com

I think there will be some news very soon on XBY's speed and if the rumblings I hear are true that alone is going to blow a lot of things out of the water let alone all the other tech XBY is packing.

[enkiamo]

Decent volume across all XBY exchanges today, 17 BTC.  XTRABYTES has some big things brewing

[fishfishfish313]

Decent volume across all XBY exchanges today, 17 BTC.  XTRABYTES has some big things brewing

Yea.  New members are joining the Slack.  There is a decent buzz flowing about XTRABYTES.  And why shouldn't there be?  XBY has a ton of things cooking in the oven.  Great PR campaign set to start.  

Thanks a bunch for all your hard work enkiamo.  You are a fantastic member of the community and we are all grateful to have you with us.

I suggest to all forum members who have active reddit accounts, to give the XTRABYTES subreddit some love. https://www.reddit.com/r/XtraBYtes/   It just may help us in getting on more exchanges in the future  

[bikerleszno]

100 XFUEL for every new Slack member We are waiting Come as soon as possible and lets talk with us !

[Marcello00]

100 XFUEL for every new Slack member We are waiting Come as soon as possible and lets talk with us !

I don't like slack, I think Telegram is much better! So give it to telegram user 

[Yankeeruinx]

Yeah a Telegram group would be nice.

[European Central Bank]

Yeah a Telegram group would be nice.

i would join a telegram group to learn more about this. i would not join a slack. i hate the ui and it seems to attract much scammier behavior for some reason.

[SeksiStarlord]

I agree a telegram group would help to grow the community! Not everyone likes slack but telegram is fine many people use it. Anyway a marketing or giveaway contest would be great for promotion I am holding much XBY