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

[Fatoshi]

At least a couple of good questions at the end after the first few seemed more like getting Borz to repeat stuff to reassure people. Seemed to of got banned 4 times last night!!! When I was clearly just having a gentle dig at the type of questions,,,,i see North Americans inability to understand British irony is alive and well.


Lots of moaning about X-fuel still on the slack which I don't understand but one thing I think might be true early is making X fuel work before the DEX happens. IF it comes for nodes to be set up and the DEX is not done I highly recommend some kind of simple swap in the community for X fuel and XBY to fill nodes. Maybe just 10m or so. As people go to make make lv2 & 3 nodes there would be demand buy X fuel if it was offered at 50% crowdsale price. No ICO just a simple you send us XAmount of XBY or BTC...and we will send XAmount of Xfuel. Of course there might be some mild selling of XBY to grab a bit of the cheaper Xfuel but I don't expect lv1 people to break nodes at this stage for a small amount of Xfuel..

Result will be the project can in a very short amount of time quite easily have a nice 20-40btc ish developer fund to really kickstart getting development done. Good idea?

[1714162493]

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[1714162493]

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[SupremeGoose]

Is there any plan to go Q&A session live on FB or in Youtube near future?

Hello. They tried in video format, here is the most recent 777 with Borzalom: https://www.youtube.com/watch?v=QB1Wdni-S5U

But most users asked for a text vesion. So this time they decided to try in a text version, here on Bitcointalk.

[kromkommer]

Here are the questions and answers from the 777.

1. What happened with the testnet? Was it successful or are you still working on the bug fixes? Should we expect a V2 of the testnet?

The last test result was success but the failed tests also help the development. I wrote this because everyone must understand the failed test and successed tests is twins. Both required.

After we get successed test then if possible i use the passed code. Good example the XFUEL where i use the code of first testnet. Each testnet have goal and the lifetime is short. After destroyed the previous testnet then the next test will be executed.

The next testnet will be the public STaTiC+PoSign test. The next test we will use more testers therefore before we start the next test we need build one small testing infrastructure where possible evaluate the results of tests. We need a small team who help and support the other testers.

2. What is the expected timeframe for setting up and auctioning the L1 nodes? Will that be aligned with the level 2 and 3 nodes?

After the STaTiC+PoSign test closed (where we use manual registered STaTiC-s ) then the next test will be the test of STaTiC registration. Each level ( L1,2,3) will be open. The original Level1 STaTiC-s was added to genesis block but all other positions will be available.

I don't want wrote deadline of tests but i hope to these tests will be closed this year. This it also depends the teams who help the execute and evaluate of tests. I hope the first teams will be available shortly.

If the STaTiC registration tests successed then i will add this code to the system immediatly. And all level of registrations will be available after.

3. Has the testnet proven that the technology works and is secure? Are the consensus mechanisms now fully tested?

We have more than just a successed test. We have XFuel where the technology is public available. I hope the XFuel enought secure. 20.000 blocks done and nobody hacked the system.

The XFuel contain some finalised parts of the consensus but not each parts. I will be add more and more passed code until we get the final consensus. Of course the final consensus always be changing.

The good system opening the door to the changes. I don't want hardcoded consensus like the BTC block size problem or simile other.

4. How can we validate that XFuel uses the PoSign technology? Is there any technical proof to show how it works?

1.) Start XFuel Wallet and enter to debug console

Welcome to the XFuel RPC console.
Use up and down arrows to navigate history, and Ctrl-L to clear screen.
Type help for an overview of available commands.

2.) Type getinfo

getinfo


{
"version" : 1000001,
"protocolversion" : 10001,
"blocks" : 20012,
"timeoffset" : 0,
"connections" : 3,
"paytxfee" : 0.00000000,
"errors" : ""
}

3.) Get the hash of last block

getblockhash 20012

f6a45819b5393ccaec23195c012c91c4553b2999a49fb753129d6158dd3858ef


4.) Dump the detailed info of this block

getblock f6a45819b5393ccaec23195c012c91c4553b2999a49fb753129d6158dd3858ef


{
"hash" : "f6a45819b5393ccaec23195c012c91c4553b2999a49fb753129d6158dd3858ef",
"confirmations" : 1,
"size" : 282,
"height" : 20012,
"version" : 1,
"merkleroot" : "cab3e8620645adb50a5a7bbe3d156105f64b51983353ee18036228ed0d55ebf5",
"tx" : [
"cab3e8620645adb50a5a7bbe3d156105f64b51983353ee18036228ed0d55ebf5"
],
"time" : 1510086447,
"minerid" : 2,
"signature" : "3045022100a21645344d51435be6d032b44e6d847bfeffbb8c8681fea40a2cf0e5f7c16e4702205 2394414ad868339f434fdb8acfa779d85649d79f51e636036113c010781eaf2",
"previousblockhash" : "10c85a6d2fced7b9c2d111eb87215c2ab06991916ef2c75c0dba992d6a801b79"
}

5.) You see the ID of miner who signed the block and the signature too. The last signer checked and accepted the all previous blocks too

5. Once PoSign is running, how are blocks created? Will block time remain the same? Like every 30s we’ll “mint” a new block via the static nodes? How do we ensure all transactions are verified by all nodes at the time of minting? We don’t make a new block until all transactions are agreed?

What if we have 2 servers on opposite sides of the world (Say JPY and UK) and it comes time to make a block... UK has no outstanding transactions so it creates it. Before JPY gets the block update it receives a transaction and sends it off to get ok’d by all servers... now we have a fork? How is this handled?

Each miner watching lot of different events. Number of transactions and elpassed time of last generated block, who generate the last block etc... Summarize the "value" of this events each block have one "weight".

If we have 3 miners and each miner generate block in same time and the generator of last generated block is the #1 miner then the weight of each block is different. The #1 weight is the worster and never be accept this block other miners because the previous block generator is also the #1. The #2 will be the best and the #3 also acceptable if #2 is offline or don't generated block.

The block collision is normal event. Each miner and client know what is the "best" block. The block of #2 maybe don't contain all transactions but this is no problem. The next block will be contain the missing transaction. Each block have unique weight therefore never created forks.

The chain always contain blocks ordered by weight.

6. Blockchain generation 3.0 is also about interpolarity, where Blockchains can talk to one another. Are there any future plans for the creation of a module for communication between the ethereum network, and other chains?

The system support this therefore i hope someone will be create interpolarity module. The early stage of system contain the bridge. This bridge connect the old chain and the new chain. These blockchains communicating each other. The future interpolarity module just need extend this function to external blockchains.

7. The vision for XTRABYTES seems to be to make a better blockchain. So can you explain what you think are problems with the Blockchains that already exist and can you share very generally some long term hopes and vision you have for XTRABYTES into the future.

Lot of problems exist of the most blockchains. The problems of other blockchains and XBY don't comparable at this moment therefore i just say some headwords:

Limited blocksize vs. unlimited blocksize
Lot of energy required vs. no extra energy required
reward is given to miner vs. reward shared between the STaTiC ( service providers )
unneccesary work ( mathematical calculation ) vs. required security checks
all blocks stored to all miners vs. cloud type shared storage
fixed transaction cost  vs. service based cost ( cheap or zero transaction cost )
limited number of transactions vs. extreme high number of transactions
political governance problems ( not trust and anonym ) vs. provider releated and trust
p2p style network vs. overlay network
...
and many more

And answer of your non technical question is: Just read my first words of the beginning of this project. This is experimental project. I just want solid and stable platform who help the crypto world making better.

Thanks for QA, nice innovation

[leonmadness]

I think it's time for Dave aka CCR to travel around the world to conferences and devcons and to spread word about XBY to right people in this space, to get attention from investors and developers...

I would also like to ask if it is possible to know who is doing and what in this community, such as who the programmer beside Borz and what are they coding, who is in marketing and what are they doing (and if there is something else wo is doig it and what is it), at moment i have no idea how many programmers are coding, i know only Dave as PR and Borz as brain, and i know there is someone else doing something but i dont have clue how many other people and what tasks they have... Also it would be nice if we would know how is work going, not to have deadlines but % as we had few mounts ago, for example Pulse and Vitalis, no one know date but dev could know that it is around 60% done and later update to 70% it is better  and more profesional then soon

Sorry my English is not perfect  

[everythingisgreat]

I was away yesterday so I missed the live part of the Q&A.  I think doing the text chat here worked well for people like me who couldn't be around at the time.  The video format was a good idea but borz is not super easy to understand when he talks in english, so I think this format makes more sense.
Thanks

[SupremeGoose]

Another amazing blog post at www.xtrabytes.today , this time it is about VITALS.

[jpgr]

THANKS SupremeGoose!

The Title: "VITALS is Not Unlike A Large Pneumatic Mail System"

http://xtrabytes.today/technology/vitals/vitals-proprietary-network/

[bigboss154]

THANKS SupremeGoose!

The Title: "VITALS is Not Unlike A Large Pneumatic Mail System"

http://xtrabytes.today/technology/vitals/vitals-proprietary-network/

Nice article again John, some good info there.

[kromkommer]

THANKS SupremeGoose!

The Title: "VITALS is Not Unlike A Large Pneumatic Mail System"

http://xtrabytes.today/technology/vitals/vitals-proprietary-network/

Intresting, tnx for posting, good to read it back cuz I'm not always on slack to read it directly

[gedtke]

Great Program! Will buy more and more with the Time I can afford it! I think it has a great future and it is way undervalued. So guys take your chance and buy buy buy. You will be very rich in 2 years 2018 will be the Year of XBY, atleast i hope so haha

Looking forward to the static Nodes

[kromkommer]

I want to buy more, but there are too much keepers of XBY, and I dont trust Yobit, and the other 2 coin markets doesnt offer much XBY

[Delphinus]

I want to buy more, but there are too much keepers of XBY, and I dont trust Yobit, and the other 2 coin markets doesnt offer much XBY

Cryptopia is very reasonable for an exchange 

[everythingisgreat]

Great Program! Will buy more and more with the Time I can afford it! I think it has a great future and it is way undervalued. So guys take your chance and buy buy buy. You will be very rich in 2 years 2018 will be the Year of XBY, atleast i hope so haha

Looking forward to the static Nodes

Its true.  I would have liked to see a big bump today as money flows back into alts.  It is probably a bit to to with not being on some of the bigger exchanges so it might take a bit more time for it to feel the effects.

[cau]

Is there any plan to go Q&A session live on FB or in Youtube near future?

Hello. They tried in video format, here is the most recent 777 with Borzalom: https://www.youtube.com/watch?v=QB1Wdni-S5U

But most users asked for a text vesion. So this time they decided to try in a text version, here on Bitcointalk.

I did happen to see this during last session, I thought it would have been nice to see the team in video n answering the question instead of audio release or text format

Thats why posted this time know if it will happen in next session

[everythingisgreat]

Is there any plan to go Q&A session live on FB or in Youtube near future?

Hello. They tried in video format, here is the most recent 777 with Borzalom: https://www.youtube.com/watch?v=QB1Wdni-S5U

But most users asked for a text vesion. So this time they decided to try in a text version, here on Bitcointalk.

I did happen to see this during last session, I thought it would have been nice to see the team in video n answering the question instead of audio release or text format

Thats why posted this time know if it will happen in next session

I think for the time being the text version is enough.  Maybe in the future when we have some other developers or another video friendly PR guy it could change but I think text works better for borz.

[dedby]

posign just proof stake self mine blocks

[fishfishfish313]

Has anybody done this yet?  I'm curious to hear what people who have more tech knowledge than me think of this.  Seems pretty darn cool.


 Start XFuel Wallet and enter to debug console

 Type getinfo

 Get the hash of last block

 Dump the detailed info of this block

 You see the ID of miner who signed the block and the signature too. The last signer checked and accepted the all previous blocks too

[Fatoshi]

Has anybody done this yet?  I'm curious to hear what people who have more tech knowledge than me think of this.  Seems pretty darn cool.


 Start XFuel Wallet and enter to debug console

 Type getinfo

 Get the hash of last block

 Dump the detailed info of this block

 You see the ID of miner who signed the block and the signature too. The last signer checked and accepted the all previous blocks too

Proof of tech baby!!!!

[nov]

Is there a way to earn XBY with static node or masternode or some other way here in Xtrabytes?

[lijoe408]

Is there a way to earn XBY with static node or masternode or some other way here in Xtrabytes?

There will be 3 levels of static nodes and that will be the only way to earn it i think.  Level 3 node seems to be pretty cheap.  Only need 120K tokens i believe