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

[bigboss154]

Holy moly what a cool concept!!!!
Is the bounty campaign still going on?

Head to the forum for more info https://community.xtrabytes.global/

[mv1986]

thanks for the paper wallet ! nice update dev !

Very good to have indeed. And a must have imo to securely store your coins.

[bikerleszno]

So the only use of Xfuel is to fill static nodes? Thus it provides a discount for people that want to start nodes.  It seems to me then that there will a good chunk of unused Xfuel if some people just just all XBY for their nodes.  What purpose will this floating supply have?

it worht nothing except lie team member yankee say that they sell for 400 sat! that above xby price hahaha fucking lie xby

any new dev interest help xby yet? no

Doctor.. knock.. knock

[SupremeGoose]

dedby: Sell XFUEL and buy XFUEL here: Trade XFUEL P2P and with Escrow

The only way to buy and sell XFUEL for now is P2P.

But, unfortunately, we don't trade XFUEL in this ANN nor on this forum yet.

Thank you for your interest in XFUEL.

[deldil]

New Blog Post about X-CHANGE

Very interesting concept
http://xtrabytes.today/cryptocurrency/trading/xtrabytes-x-change/

Informative article, Thanks for the link.

[mbauman89]

@Seethevalue

There are factors you are leaving out, such as the fact that there are changes coming but will not do that at this time because its a major update to the wallet and the last time we did an update it took about 2 months for Yobit to get us back online and Cryptopia about 2 weeks. The next change we make will have all factors considered.

Aside from that, please do us all a favor and make a direct comparison to how Bitcoincash or whatever other Bitcoin clone you wish to choose pays their miners and secures their network, to how we do things here at XBY. Then also make a comparison to the level of security offered and all the other critical elements that are often flaws with Bitcoin clones. This will help us all understand if you actually know the XTRABYTES technology or not. Seems you know something and perhaps your opinions are very good for people to read and listen to. But, lets make sure you have done your XBY homework first.

Thank you

thats irrelevant the price is clearly to high, because you don't create trade incentive, nobody cares about all that, if you are not willing to lower the price to increase volume of trade, it's all about trade. thats what everything comes down to. how much trade flows. trade is the driver of everything.  

bitcoin cash creates a high trade, incentive to trade. you don't.

you might have a good coin if you created a high trade incentive you don't, therefore what you said here is irrelevant, highly irrelevant. nobody cares if the is no trade incentive.  

Actually, its completely relevant and show you are just blowing off steam here... You do not even realize that this is a different tech.

Let me make it easy for you:

When a miner wins at Bitcoincash, what do they get? Correct... they get Bitcoincash coins...

We don't have available coins here at XBY... our fees are what keeps our FAR SUPERIOR network of STATIC miners online and in the long run, you will see this. But, you need to do your homework first.

no it's all about the price you are taking for your currency. thats what it's about. i'm not blowing off steam, what a fool. nothing to do with this, it's about the charge for your coin when exchanged, thats to high for everyone if bitcoin was created with that high a charge nobody would of bought it. same goes for this coin. nobody will buy it with a high charge. it's obvious. anything you say is not relevant to this fact, nothing at all.

what you are saying is not relevant as long as you take that many coins.

if bitcoin was taking 75 coins off people at the very start they would never of bought it.

You are talking complete crap. I can tell you what happened when tx fees went through the roof for BTC - the price of BTC also went through the roof! Feel free to prove me wrong 

this is not the same, you are taking 75 coins apparently, bitcoin never took 75 coins otherwise nobody would use it. not the same situation. so i'm not, but you have no solid basis or theory, you can only attack with nonsense.

It's not true, people attacking bitcoin are attacking bitcoin for things that other coins haven't even yet achieved. It's just weird. Xtrabtes can surely fit a gap, bt it's not that bitcoin sucks only. It serves a purpose.

[moneyball]

Guy's what are your predictions for xby at the end of 2018?

[CCRevolution]

First XFUEL Payments to Developers and Contributors

Recently, it became necessary to make some changes at the managerial level to propel the XTRABYTES platform forward, while maintaining the original and long term vision of the founders. Our goal is to ensure that the community vision is adhered to so we can offer the XTRABYTES community an all inclusive, revolutionary cryptocurrency platform. With the introduction of XFUEL, a new era has begun in the on going evolution of XTRABYTES.

With much appreciation, we will release XFUEL payments to hard working individuals who have contributed to XTRABYTES (past and present). This is just the beginning and there will be many more payments in the near future. We are excited to get these first payments distributed so people can start trading XFUEL P2P if they wish.

https://community.xtrabytes.global/threads/trade-xfuel-p2p-and-with-escrow.116/

Additionally, we are proud to announce even further use cases for XFUEL, specifically, voting power.

Should I Hold or Sell XFUEL?

There are a few things to consider when determining whether it is better to hold or sell XFUEL:

1. XFUEL can be used to fill STATIC nodes (this has already been publicly announced)
2. XFUEL will be used for community voting purposes (this benefits long term holders)

XFUEL and Voting.

In time, those who have worked the most will have collected the most XFUEL and therefore, have more voting power.  Realize however, that there is a point of diminishing returns that will be defined soon. This is to prevent one individual from completely monopolizing the voting system.  

Community members will need XFUEL and STATIC nodes for voting purposes. STATIC nodes are limited to a voting power of 5, but there are currently no such defined limits (they will come after discussions to find a democratic balance) for XFUEL because it is a DEVELOPMENT token, not an investment unit. If someone has accumulated a significant amount of XFUEL, they have either contributed to the project or bought from someone who contributed to it. Either way, people who hold XFUEL have directly or indirectly assisted in the evolution of XTRABYTES.

There will come a time when Borz and I will take a step back, but XTRABYTES will continue, and the community will vote on major decisions without us. Those who have more XFUEL and STATICs will have more voting power when deciding on the future of XTRABYTES.

Where are Borz and I going you might ask?

It's not really about where we are going, we will always be here, it's about decentralizing the activity and workloads of this demanding project. I have been actively promoting XTRABYTES at the community level since day 1. As others are filling long term positions in both development and promotional roles, high standing members in the community will continue to guide XTRABYTES forward.

This community team will actively expand and the project will take on an even more decentralized existence. We do not want XTRABYTES to rely on 1 or 2 or even 10 people. We want thousands of team members who all have one goal, improve and expand on this platform.

However, until Borzalom's vision is completely implemented, the main decisions will remain centralized so we keep making progress during this developmental period. As we move into the transitional phase, the work will become more decentralized as the community takes over the responsibilities. Since these team members are being paid XFUEL for their hard work, they have the financial compensation to commit to this project.

We will soon have a list of open jobs that community members can apply for and offer their assistance to the project.

XFUEL has a true, real world, blood, sweat, and tears value. As of today, we are VERY HAPPY to pay out close to 31 million XFUEL for our first 9 months of work.

If we give XFUEL the ASSUMED value of 1 to 1 with XBY, this converts to about $550,000 USD.

Congratulations everyone and thank you for all you have done!

Dave, Zoltan and The XTRABYTES Crew

[t0mpee]

First XFUEL Payments to Developers and Contributors

Recently, it became necessary to make some changes at the managerial level to propel the XTRABYTES platform forward, while maintaining the original and long term vision of the founders. Our goal is to ensure that the community vision is adhered to so we can offer the XTRABYTES community an all inclusive, revolutionary cryptocurrency platform. With the introduction of XFUEL, a new era has begun in the on going evolution of XTRABYTES.

With much appreciation, we will release XFUEL payments to hard working individuals who have contributed to XTRABYTES (past and present). This is just the beginning and there will be many more payments in the near future. We are excited to get these first payments distributed so people can start trading XFUEL P2P if they wish.

https://community.xtrabytes.global/threads/trade-xfuel-p2p-and-with-escrow.116/

Additionally, we are proud to announce even further use cases for XFUEL, specifically, voting power.

Should I Hold or Sell XFUEL?

There are a few things to consider when determining whether it is better to hold or sell XFUEL:

1. XFUEL can be used to fill STATIC nodes (this has already been publicly announced)
2. XFUEL will be used for community voting purposes (this benefits long term holders)

XFUEL and Voting.

In time, those who have worked the most will have collected the most XFUEL and therefore, have more voting power.  Realize however, that there is a point of diminishing returns that will be defined soon. This is to prevent one individual from completely monopolizing the voting system. 

Community members will need XFUEL and STATIC nodes for voting purposes. STATIC nodes are limited to a voting power of 5, but there are currently no such defined limits (they will come after discussions to find a democratic balance) for XFUEL because it is a DEVELOPMENT token, not an investment unit. If someone has accumulated a significant amount of XFUEL, they have either contributed to the project or bought from someone who contributed to it. Either way, people who hold XFUEL have directly or indirectly assisted in the evolution of XTRABYTES.

There will come a time when Borz and I will take a step back, but XTRABYTES will continue, and the community will vote on major decisions without us. Those who have more XFUEL and STATICs will have more voting power when deciding on the future of XTRABYTES.

Where are Borz and I going you might ask?

It's not really about where we are going, we will always be here, it's about decentralizing the activity and workloads of this demanding project. I have been actively promoting XTRABYTES at the community level since day 1. As others are filling long term positions in both development and promotional roles, high standing members in the community will continue to guide XTRABYTES forward.

This community team will actively expand and the project will take on an even more decentralized existence. We do not want XTRABYTES to rely on 1 or 2 or even 10 people. We want thousands of team members who all have one goal, improve and expand on this platform.

However, until Borzalom's vision is completely implemented, the main decisions will remain centralized so we keep making progress during this developmental period. As we move into the transitional phase, the work will become more decentralized as the community takes over the responsibilities. Since these team members are being paid XFUEL for their hard work, they have the financial compensation to commit to this project.

We will soon have a list of open jobs that community members can apply for and offer their assistance to the project.

XFUEL has a true, real world, blood, sweat, and tears value. As of today, we are VERY HAPPY to pay out close to 31 million XFUEL for our first 9 months of work.

If we give XFUEL the ASSUMED value of 1 to 1 with XBY, this converts to about $550,000 USD.

Congratulations everyone and thank you for all you have done!

Dave, Zoltan and The XTRABYTES Crew


https://xtrabytes.global/images/XBY_Promo3.jpg

Thanks. I look forward to applying to help further the project. Good job to all!

[enkiamo]

XFUEL payments discussion on Reddit...

https://redd.it/7duir7

[TomCrypto]

New Blog Post about X-CHANGE

Very interesting concept
http://xtrabytes.today/cryptocurrency/trading/xtrabytes-x-change/

Thank you for the info. It's a great concept that will facilitate the trading of Xfuel. And this open to new options for trading other coin in the future.

[ThepowerofD]

First XFUEL Payments to Developers and Contributors

Recently, it became necessary to make some changes at the managerial level to propel the XTRABYTES platform forward, while maintaining the original and long term vision of the founders. Our goal is to ensure that the community vision is adhered to so we can offer the XTRABYTES community an all inclusive, revolutionary cryptocurrency platform. With the introduction of XFUEL, a new era has begun in the on going evolution of XTRABYTES.

With much appreciation, we will release XFUEL payments to hard working individuals who have contributed to XTRABYTES (past and present). This is just the beginning and there will be many more payments in the near future. We are excited to get these first payments distributed so people can start trading XFUEL P2P if they wish.

https://community.xtrabytes.global/threads/trade-xfuel-p2p-and-with-escrow.116/

Additionally, we are proud to announce even further use cases for XFUEL, specifically, voting power.

Should I Hold or Sell XFUEL?

There are a few things to consider when determining whether it is better to hold or sell XFUEL:

1. XFUEL can be used to fill STATIC nodes (this has already been publicly announced)
2. XFUEL will be used for community voting purposes (this benefits long term holders)

XFUEL and Voting.

In time, those who have worked the most will have collected the most XFUEL and therefore, have more voting power.  Realize however, that there is a point of diminishing returns that will be defined soon. This is to prevent one individual from completely monopolizing the voting system.  

Community members will need XFUEL and STATIC nodes for voting purposes. STATIC nodes are limited to a voting power of 5, but there are currently no such defined limits (they will come after discussions to find a democratic balance) for XFUEL because it is a DEVELOPMENT token, not an investment unit. If someone has accumulated a significant amount of XFUEL, they have either contributed to the project or bought from someone who contributed to it. Either way, people who hold XFUEL have directly or indirectly assisted in the evolution of XTRABYTES.

There will come a time when Borz and I will take a step back, but XTRABYTES will continue, and the community will vote on major decisions without us. Those who have more XFUEL and STATICs will have more voting power when deciding on the future of XTRABYTES.

Where are Borz and I going you might ask?

It's not really about where we are going, we will always be here, it's about decentralizing the activity and workloads of this demanding project. I have been actively promoting XTRABYTES at the community level since day 1. As others are filling long term positions in both development and promotional roles, high standing members in the community will continue to guide XTRABYTES forward.

This community team will actively expand and the project will take on an even more decentralized existence. We do not want XTRABYTES to rely on 1 or 2 or even 10 people. We want thousands of team members who all have one goal, improve and expand on this platform.

However, until Borzalom's vision is completely implemented, the main decisions will remain centralized so we keep making progress during this developmental period. As we move into the transitional phase, the work will become more decentralized as the community takes over the responsibilities. Since these team members are being paid XFUEL for their hard work, they have the financial compensation to commit to this project.

We will soon have a list of open jobs that community members can apply for and offer their assistance to the project.

XFUEL has a true, real world, blood, sweat, and tears value. As of today, we are VERY HAPPY to pay out close to 31 million XFUEL for our first 9 months of work.

If we give XFUEL the ASSUMED value of 1 to 1 with XBY, this converts to about $550,000 USD.

Congratulations everyone and thank you for all you have done!

Dave, Zoltan and The XTRABYTES Crew

Really Excited about to future of XBY it is clear this was a very much Needed post for many new investors and old I'm sure and shouldn't get lost in translation.

[SupremeGoose]

Guy's what are your predictions for xby at the end of 2018?

Hello.

Read comments here:

Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018?

Or here:

Xby - will It pass in 2018 the Dollar?

Thank you.

[mv1986]

XBY is an awesome project and when people take the time to look at it a little bit more closely they'll realize all the benefits it brings to the crypto world.

[sisquo2121]

you can see what that human weasal ccr is trying to do. move everyone off bitcointalk to his own personal forum. that way he can silence any investors with serious questions. he first shuts down slack and makes it invite only. then he shuts it down completely and opens up an xby forum for cheerleaders to hoot and holler. xby probably hasn't even started static node testing let alone finish it. it'll probably finish testing sometime in a few months.

the xfuel hasn't even taken off and no new developers have been added. the marketing push has been laughable.  this coin needs to start doing something. no wonder the price is low. it's just jackasses pumping and dumping the coin

if you're a new investor id stay off that forum and ask questions in bitcointalk where you're much more likely to get honest answers and feedback. You won't get one sided garbage coming out of the cheerleaders like supremegarbage everythingisgreat biker big boss.  they are the ones answering any questions in that xby forum. these idiots are just clowns shilling for the coin.

[Zeehenk]

you can see what that human weasal ccr is trying to do. move everyone off bitcointalk to his own personal forum. that way he can silence any investors with serious questions. he first shuts down slack and makes it invite only. then he shuts it down completely and opens up an xby forum for cheerleaders to hoot and holler. xby probably hasn't even started static node testing let alone finish it. it'll probably finish testing sometime in a few months.

the xfuel hasn't even taken off and no new developers have been added. the marketing push has been laughable.  this coin needs to start doing something. no wonder the price is low. it's just jackasses pumping and dumping the coin

if you're a new investor id stay off that forum and ask questions in bitcointalk where you're much more likely to get honest answers and feedback. You won't get one sided garbage coming out of the cheerleaders like supremegarbage everythingisgreat biker big boss.  they are the ones answering any questions in that xby forum. these idiots are just clowns shilling for the coin.

I think you're a bit harsh, but I do agree that everything should be transparent. I prefer using an open forum over a forum of the coin itself. Purely so outsiders and people who are not on that "private" forum can join the conversation as well. Opening slack again for everyone would be my preference too.... many coins manage it, xby should be able to do so too.

[coinnewb1]

First XFUEL Payments to Developers and Contributors

Recently, it became necessary to make some changes at the managerial level to propel the XTRABYTES platform forward, while maintaining the original and long term vision of the founders. Our goal is to ensure that the community vision is adhered to so we can offer the XTRABYTES community an all inclusive, revolutionary cryptocurrency platform. With the introduction of XFUEL, a new era has begun in the on going evolution of XTRABYTES.

With much appreciation, we will release XFUEL payments to hard working individuals who have contributed to XTRABYTES (past and present). This is just the beginning and there will be many more payments in the near future. We are excited to get these first payments distributed so people can start trading XFUEL P2P if they wish.

https://community.xtrabytes.global/threads/trade-xfuel-p2p-and-with-escrow.116/

Additionally, we are proud to announce even further use cases for XFUEL, specifically, voting power.

Should I Hold or Sell XFUEL?

There are a few things to consider when determining whether it is better to hold or sell XFUEL:

1. XFUEL can be used to fill STATIC nodes (this has already been publicly announced)
2. XFUEL will be used for community voting purposes (this benefits long term holders)

XFUEL and Voting.

In time, those who have worked the most will have collected the most XFUEL and therefore, have more voting power.  Realize however, that there is a point of diminishing returns that will be defined soon. This is to prevent one individual from completely monopolizing the voting system. 

Community members will need XFUEL and STATIC nodes for voting purposes. STATIC nodes are limited to a voting power of 5, but there are currently no such defined limits (they will come after discussions to find a democratic balance) for XFUEL because it is a DEVELOPMENT token, not an investment unit. If someone has accumulated a significant amount of XFUEL, they have either contributed to the project or bought from someone who contributed to it. Either way, people who hold XFUEL have directly or indirectly assisted in the evolution of XTRABYTES.

There will come a time when Borz and I will take a step back, but XTRABYTES will continue, and the community will vote on major decisions without us. Those who have more XFUEL and STATICs will have more voting power when deciding on the future of XTRABYTES.

Where are Borz and I going you might ask?

It's not really about where we are going, we will always be here, it's about decentralizing the activity and workloads of this demanding project. I have been actively promoting XTRABYTES at the community level since day 1. As others are filling long term positions in both development and promotional roles, high standing members in the community will continue to guide XTRABYTES forward.

This community team will actively expand and the project will take on an even more decentralized existence. We do not want XTRABYTES to rely on 1 or 2 or even 10 people. We want thousands of team members who all have one goal, improve and expand on this platform.

However, until Borzalom's vision is completely implemented, the main decisions will remain centralized so we keep making progress during this developmental period. As we move into the transitional phase, the work will become more decentralized as the community takes over the responsibilities. Since these team members are being paid XFUEL for their hard work, they have the financial compensation to commit to this project.

We will soon have a list of open jobs that community members can apply for and offer their assistance to the project.

XFUEL has a true, real world, blood, sweat, and tears value. As of today, we are VERY HAPPY to pay out close to 31 million XFUEL for our first 9 months of work.

If we give XFUEL the ASSUMED value of 1 to 1 with XBY, this converts to about $550,000 USD.

Congratulations everyone and thank you for all you have done!

Dave, Zoltan and The XTRABYTES Crew


https://xtrabytes.global/images/XBY_Promo3.jpg

Thanks. I look forward to applying to help further the project. Good job to all!

hi i'm new, is the wallet linked in the OP the latest version?

[everythingisgreat]

First XFUEL Payments to Developers and Contributors

Recently, it became necessary to make some changes at the managerial level to propel the XTRABYTES platform forward, while maintaining the original and long term vision of the founders. Our goal is to ensure that the community vision is adhered to so we can offer the XTRABYTES community an all inclusive, revolutionary cryptocurrency platform. With the introduction of XFUEL, a new era has begun in the on going evolution of XTRABYTES.

With much appreciation, we will release XFUEL payments to hard working individuals who have contributed to XTRABYTES (past and present). This is just the beginning and there will be many more payments in the near future. We are excited to get these first payments distributed so people can start trading XFUEL P2P if they wish.

https://community.xtrabytes.global/threads/trade-xfuel-p2p-and-with-escrow.116/

Additionally, we are proud to announce even further use cases for XFUEL, specifically, voting power.

Should I Hold or Sell XFUEL?

There are a few things to consider when determining whether it is better to hold or sell XFUEL:

1. XFUEL can be used to fill STATIC nodes (this has already been publicly announced)
2. XFUEL will be used for community voting purposes (this benefits long term holders)

XFUEL and Voting.

In time, those who have worked the most will have collected the most XFUEL and therefore, have more voting power.  Realize however, that there is a point of diminishing returns that will be defined soon. This is to prevent one individual from completely monopolizing the voting system. 

Community members will need XFUEL and STATIC nodes for voting purposes. STATIC nodes are limited to a voting power of 5, but there are currently no such defined limits (they will come after discussions to find a democratic balance) for XFUEL because it is a DEVELOPMENT token, not an investment unit. If someone has accumulated a significant amount of XFUEL, they have either contributed to the project or bought from someone who contributed to it. Either way, people who hold XFUEL have directly or indirectly assisted in the evolution of XTRABYTES.

There will come a time when Borz and I will take a step back, but XTRABYTES will continue, and the community will vote on major decisions without us. Those who have more XFUEL and STATICs will have more voting power when deciding on the future of XTRABYTES.

Where are Borz and I going you might ask?

It's not really about where we are going, we will always be here, it's about decentralizing the activity and workloads of this demanding project. I have been actively promoting XTRABYTES at the community level since day 1. As others are filling long term positions in both development and promotional roles, high standing members in the community will continue to guide XTRABYTES forward.

This community team will actively expand and the project will take on an even more decentralized existence. We do not want XTRABYTES to rely on 1 or 2 or even 10 people. We want thousands of team members who all have one goal, improve and expand on this platform.

However, until Borzalom's vision is completely implemented, the main decisions will remain centralized so we keep making progress during this developmental period. As we move into the transitional phase, the work will become more decentralized as the community takes over the responsibilities. Since these team members are being paid XFUEL for their hard work, they have the financial compensation to commit to this project.

We will soon have a list of open jobs that community members can apply for and offer their assistance to the project.

XFUEL has a true, real world, blood, sweat, and tears value. As of today, we are VERY HAPPY to pay out close to 31 million XFUEL for our first 9 months of work.

If we give XFUEL the ASSUMED value of 1 to 1 with XBY, this converts to about $550,000 USD.

Congratulations everyone and thank you for all you have done!

Dave, Zoltan and The XTRABYTES Crew

Thanks. I look forward to applying to help further the project. Good job to all!

hi i'm new, is the wallet linked in the OP the latest version?

There is a newer version linked in the testnet post on the XBY forum but I'm not sure if it is just for the test or if it is the official new release.

[coinnewb1]

First XFUEL Payments to Developers and Contributors

Recently, it became necessary to make some changes at the managerial level to propel the XTRABYTES platform forward, while maintaining the original and long term vision of the founders. Our goal is to ensure that the community vision is adhered to so we can offer the XTRABYTES community an all inclusive, revolutionary cryptocurrency platform. With the introduction of XFUEL, a new era has begun in the on going evolution of XTRABYTES.

With much appreciation, we will release XFUEL payments to hard working individuals who have contributed to XTRABYTES (past and present). This is just the beginning and there will be many more payments in the near future. We are excited to get these first payments distributed so people can start trading XFUEL P2P if they wish.

https://community.xtrabytes.global/threads/trade-xfuel-p2p-and-with-escrow.116/

Additionally, we are proud to announce even further use cases for XFUEL, specifically, voting power.

Should I Hold or Sell XFUEL?

There are a few things to consider when determining whether it is better to hold or sell XFUEL:

1. XFUEL can be used to fill STATIC nodes (this has already been publicly announced)
2. XFUEL will be used for community voting purposes (this benefits long term holders)

XFUEL and Voting.

In time, those who have worked the most will have collected the most XFUEL and therefore, have more voting power.  Realize however, that there is a point of diminishing returns that will be defined soon. This is to prevent one individual from completely monopolizing the voting system. 

Community members will need XFUEL and STATIC nodes for voting purposes. STATIC nodes are limited to a voting power of 5, but there are currently no such defined limits (they will come after discussions to find a democratic balance) for XFUEL because it is a DEVELOPMENT token, not an investment unit. If someone has accumulated a significant amount of XFUEL, they have either contributed to the project or bought from someone who contributed to it. Either way, people who hold XFUEL have directly or indirectly assisted in the evolution of XTRABYTES.

There will come a time when Borz and I will take a step back, but XTRABYTES will continue, and the community will vote on major decisions without us. Those who have more XFUEL and STATICs will have more voting power when deciding on the future of XTRABYTES.

Where are Borz and I going you might ask?

It's not really about where we are going, we will always be here, it's about decentralizing the activity and workloads of this demanding project. I have been actively promoting XTRABYTES at the community level since day 1. As others are filling long term positions in both development and promotional roles, high standing members in the community will continue to guide XTRABYTES forward.

This community team will actively expand and the project will take on an even more decentralized existence. We do not want XTRABYTES to rely on 1 or 2 or even 10 people. We want thousands of team members who all have one goal, improve and expand on this platform.

However, until Borzalom's vision is completely implemented, the main decisions will remain centralized so we keep making progress during this developmental period. As we move into the transitional phase, the work will become more decentralized as the community takes over the responsibilities. Since these team members are being paid XFUEL for their hard work, they have the financial compensation to commit to this project.

We will soon have a list of open jobs that community members can apply for and offer their assistance to the project.

XFUEL has a true, real world, blood, sweat, and tears value. As of today, we are VERY HAPPY to pay out close to 31 million XFUEL for our first 9 months of work.

If we give XFUEL the ASSUMED value of 1 to 1 with XBY, this converts to about $550,000 USD.

Congratulations everyone and thank you for all you have done!

Dave, Zoltan and The XTRABYTES Crew


https://xtrabytes.global/images/XBY_Promo3.jpg

Thanks. I look forward to applying to help further the project. Good job to all!

hi i'm new, is the wallet linked in the OP the latest version?

There is a newer version linked in the testnet post on the XBY forum but I'm not sure if it is just for the test or if it is the official new release.

okay, thanks for your help

[aarell]

First XFUEL Payments to Developers and Contributors

Recently, it became necessary to make some changes at the managerial level to propel the XTRABYTES platform forward, while maintaining the original and long term vision of the founders. Our goal is to ensure that the community vision is adhered to so we can offer the XTRABYTES community an all inclusive, revolutionary cryptocurrency platform. With the introduction of XFUEL, a new era has begun in the on going evolution of XTRABYTES.

With much appreciation, we will release XFUEL payments to hard working individuals who have contributed to XTRABYTES (past and present). This is just the beginning and there will be many more payments in the near future. We are excited to get these first payments distributed so people can start trading XFUEL P2P if they wish.

https://community.xtrabytes.global/threads/trade-xfuel-p2p-and-with-escrow.116/

Additionally, we are proud to announce even further use cases for XFUEL, specifically, voting power.

Should I Hold or Sell XFUEL?

There are a few things to consider when determining whether it is better to hold or sell XFUEL:

1. XFUEL can be used to fill STATIC nodes (this has already been publicly announced)
2. XFUEL will be used for community voting purposes (this benefits long term holders)

XFUEL and Voting.

In time, those who have worked the most will have collected the most XFUEL and therefore, have more voting power.  Realize however, that there is a point of diminishing returns that will be defined soon. This is to prevent one individual from completely monopolizing the voting system.  

Community members will need XFUEL and STATIC nodes for voting purposes. STATIC nodes are limited to a voting power of 5, but there are currently no such defined limits (they will come after discussions to find a democratic balance) for XFUEL because it is a DEVELOPMENT token, not an investment unit. If someone has accumulated a significant amount of XFUEL, they have either contributed to the project or bought from someone who contributed to it. Either way, people who hold XFUEL have directly or indirectly assisted in the evolution of XTRABYTES.

There will come a time when Borz and I will take a step back, but XTRABYTES will continue, and the community will vote on major decisions without us. Those who have more XFUEL and STATICs will have more voting power when deciding on the future of XTRABYTES.

Where are Borz and I going you might ask?

It's not really about where we are going, we will always be here, it's about decentralizing the activity and workloads of this demanding project. I have been actively promoting XTRABYTES at the community level since day 1. As others are filling long term positions in both development and promotional roles, high standing members in the community will continue to guide XTRABYTES forward.

This community team will actively expand and the project will take on an even more decentralized existence. We do not want XTRABYTES to rely on 1 or 2 or even 10 people. We want thousands of team members who all have one goal, improve and expand on this platform.

However, until Borzalom's vision is completely implemented, the main decisions will remain centralized so we keep making progress during this developmental period. As we move into the transitional phase, the work will become more decentralized as the community takes over the responsibilities. Since these team members are being paid XFUEL for their hard work, they have the financial compensation to commit to this project.

We will soon have a list of open jobs that community members can apply for and offer their assistance to the project.

XFUEL has a true, real world, blood, sweat, and tears value. As of today, we are VERY HAPPY to pay out close to 31 million XFUEL for our first 9 months of work.

If we give XFUEL the ASSUMED value of 1 to 1 with XBY, this converts to about $550,000 USD.

Congratulations everyone and thank you for all you have done!

Dave, Zoltan and The XTRABYTES Crew

Good teamwork , keep it up and going.