Could this coin solve some of the problems Crypto has?

[Spoetnik]

Yup.. it's NOT an ICO.. but well.. it's an ICO  
Even better "Community Take Over"  

Yup.. Bitcoin is dead now guys ..it's official.

Oh and i like how my topic got deleted for being trolling yet this ADVERTISING is still here.

[realistic1]

https://young-basin-20186.herokuapp.com
*You only have 24 hours to register a node, after that period you won't be able to register one of these special elite nodes (thats why I thought it was fair to tell others in the wider community so no one can say they didn't have a chance)

This is a red flag for me. Only 24 hours notice? This is my first time seeing the thread, so I think I can reasonably say that "I didn't have a chance".

So, now I can't start a masternode and cannot earn a percentage of the transaction fees.

This is similar to an instamine, but it is an instamine of masternode privileges. It is definitely unfair to those who find out about the coin after you cannot setup a masternode...

Maybe it is still within the 24h period you claim, but I still will not participate in solidarity of all who will not find out about this coin until after that timeframe. It is unfair to them.

Any cryptocurrency with such a scheme will never gain users and adoption, as the early adopters are given an unfair advantage.

People had about two weeks to set up a node not 24hours.  Wanna know how many were registered in two weeks?

500!

Third of supply taken out of action. If it a scam a lot of people have been fooled lol. It's legit, personally I like the community amateur start to the project, I'm tired of ICOs taking a few million BTC, and investors end up with a coin that often drops in value. This seems old school crypto to me where propelled can get in on the bottom rung, love it.

[realistic1]

Yup.. it's NOT an ICO.. but well.. it's an ICO  
Even better "Community Take Over"  

Yup.. Bitcoin is dead now guys ..it's official.

Oh and i like how my topic got deleted for being trolling yet this ADVERTISING is still here.

It sat on Yobit for 1-40 sats for a week free for anyone to buy as original ICO were happy to dump it to get their original investment back. If you missed this then I guess it's same as missing Bitcoin at $1 is that our fault you missed it?


No one is saying Bitcoin is dead.....don't be a dumbass.

[bumbacoin]

https://young-basin-20186.herokuapp.com
*You only have 24 hours to register a node, after that period you won't be able to register one of these special elite nodes (thats why I thought it was fair to tell others in the wider community so no one can say they didn't have a chance)

This is a red flag for me. Only 24 hours notice? This is my first time seeing the thread, so I think I can reasonably say that "I didn't have a chance".

So, now I can't start a masternode and cannot earn a percentage of the transaction fees.

This is similar to an instamine, but it is an instamine of masternode privileges. It is definitely unfair to those who find out about the coin after you cannot setup a masternode...

Maybe it is still within the 24h period you claim, but I still will not participate in solidarity of all who will not find out about this coin until after that timeframe. It is unfair to them.

Any cryptocurrency with such a scheme will never gain users and adoption, as the early adopters are given an unfair advantage.

People had about two weeks to set up a node not 24hours.  Wanna know how many were registered in two weeks?

500!

Third of supply taken out of action. If it a scam a lot of people have been fooled lol. It's legit, personally I like the community amateur start to the project, I'm tired of ICOs taking a few million BTC, and investors end up with a coin that often drops in value. This seems old school crypto to me where propelled can get in on the bottom rung, love it.

as i understand it there will be further chances for static nodes,
because of the need to hard code them block 50k was used to implement the first bunch.

[Ayers]

No ICO, NO POW, NO PREMINE, NO POS.
Unlike any other blockchain. Uses static signed nodes and a CHORDS system to check consensus. Now this system solves any scalability issues, the 51% attack problem of POS, is more secure than any other blockchain as unlike others instead of chasing a random untested node checks across a selection of signed, trusted and static nodes using CHORDS. Its is also far more efficient that anything that has gone before. Also assuming the developer isn't lying they actually worked with Peter Szor a giant in the internet security industry who died a few years back.


Probably this is the easiest way to explain how CHORDS will work in theory.

https://www.youtube.com/watch?v=q29szpcnorA







https://coinmarketcap.com/currencies/xtrabytes/


*The project is only a few weeks old as they go live at 50k block, the community is exploding on slack mainly from only YOBIT (unfortunately) users hearing about it. The community is young and the logos etc are all shit......just accept it.

https://young-basin-20186.herokuapp.com
*You only have 24 hours to register a node, after that period you won't be able to register one of these special elite nodes (thats why I thought it was fair to tell others in the wider community so no one can say they didn't have a chance)

no pow can't be a bitcoin killer any no pow is not a good coin, it's bad for distribution, early adopters will always get the majority of the coin and dump later, with pow you ensure better distribution, because big hash can't mine small coins and thus you have more room to distributo to small miners

[kubricktrader]

No ICO, NO POW, NO PREMINE, NO POS.
Unlike any other blockchain. Uses static signed nodes and a CHORDS system to check consensus. Now this system solves any scalability issues, the 51% attack problem of POS, is more secure than any other blockchain as unlike others instead of chasing a random untested node checks across a selection of signed, trusted and static nodes using CHORDS. Its is also far more efficient that anything that has gone before. Also assuming the developer isn't lying they actually worked with Peter Szor a giant in the internet security industry who died a few years back.


Probably this is the easiest way to explain how CHORDS will work in theory.

https://www.youtube.com/watch?v=q29szpcnorA







https://coinmarketcap.com/currencies/xtrabytes/


*The project is only a few weeks old as they go live at 50k block, the community is exploding on slack mainly from only YOBIT (unfortunately) users hearing about it. The community is young and the logos etc are all shit......just accept it.

https://young-basin-20186.herokuapp.com
*You only have 24 hours to register a node, after that period you won't be able to register one of these special elite nodes (thats why I thought it was fair to tell others in the wider community so no one can say they didn't have a chance)

no pow can't be a bitcoin killer any no pow is not a good coin, it's bad for distribution, early adopters will always get the majority of the coin and dump later, with pow you ensure better distribution, because big hash can't mine small coins and thus you have more room to distributo to small miners

I don't understand. What you mean. Do you mean no POS is not a good coin? Well you will have to take that up with NEM lol.  distribution so far on this one has been pretty good I would say. People have had more chance of buying cheap than any ICO POS distribution I can remember. I bought freely under 50 sats, you couldn't give them away a few weeks ago before the plans for the project started to seep out.

There won't be staking on this coin. It's not POS.

I never liked POW in terms of distribution cause I could never work out how to mine. It made for geeks and computer nerds owing all the coins. That's another debate anyway, it's been done to death.

[cabron]

No ICO, NO POW, NO PREMINE, NO POS
all NO then what is YES for this one

do you know How much total cap for this coin ?

Airdrop probably. It do't usually work because its all going to be dumped.
I have no idea how this is going to be a bitcoin killer when it needs to have at least 10 billion marketcap to be considered one. And even with 10 billion cap, it going to be hard for it to replace btc.

[kubricktrader]

No ICO, NO POW, NO PREMINE, NO POS
all NO then what is YES for this one

do you know How much total cap for this coin ?

Airdrop probably. It do't usually work because its all going to be dumped.
I have no idea how this is going to be a bitcoin killer when it needs to have at least 10 billion marketcap to be considered one. And even with 10 billion cap, it going to be hard for it to replace btc.

Ok I will change title, it wasn't meant to taken literally, geez.  But could is fill in the gaps/flaws BTC has....possibly, that's the question.

[pedrog]

The only thing this will kill is the investor's wallets.

[iluvpie60]

No premine is a huge thing. It is always a good sign to see those things . I am reading more about this now looks interesting for sure. Everyone be aware, premines are seen as shady by the community, but sometimes you need it.

[HAARP]

Totally stange methods and ways... Easy to adopt? I don't think so.

[Fatoshi]

No premine is a huge thing. It is always a good sign to see those things . I am reading more about this now looks interesting for sure. Everyone be aware, premines are seen as shady by the community, but sometimes you need it.

One thing i've noticed with really smart developers in contrast to the usual bunch of ICO polished assholes is many of them don't give a shit about money. There is enough evidence now that the developer is a very honest and already wealthy guy anyway. Smart guys I find tend to be motivated by solving problems etc. Coins sat on Yobit for less than 30 sats for a few days, the developer could of bought as many as he wanted knowing he was about to announce his plans, but he didnt.


It refreshing not to have an ICO, this could of grabbed 1-3 million for the developer easy.

[Spoetnik]

I'd be here all day if i addressed the never ending onslaught of stupid commentary posted.
I will sum it up with this.. LOL

Oh and nice stealthy topic title change hahahah
Ohh no one said that ?
Uhmmm yeah look at the title on most of the comments

Says a lot when these guys have to lie about the topic title 

Have fun with your ICO.. and yeah i ran straight to yobit to buy dem cheap ICO coin'z nom nom nom
I was scared shitless i'd miss out on ICO ROI'z 

OMG Moon.. the dev or what ever is rich.. so you know.. that means they don't want / need money.
I can't believe the idiotic shit you guys post here non stop ahhahahha

..anyone roped into crap like this gets what they deserve.

[emezh10]

XBY have a potential. At least they don't ICO as lately I'm very suspicious to 99% of them.

I will watch it and maybe buy some, but I'm a little scary that the 'pump' part already begun. As the trade volume for the past 24 hours is a whooping 118.51 BTC!

In my opinion they are all really great when you are investing in a long term investment i do not see anyone who dont get a cashback and a great rebate in a long term investment that is a really good strategy in trading i guess.

[gerome420]

attack proof i like that

[baam25]

I am interested in this coin, I would like to know if what the developer is saying is legit? If it's all true, the price of 400 satoshi or whatever it's at now is ridiculously cheap....can any legendary members or the likes please chip in? I'm curious.

I read the ANN thread, and I'm thinking it might be legit. The lead developer was scammed out of his bitcoins, and then instead of laying down and taking it, they relaunched the coin. From what I understand, the people who had the old coin still have xby, or at least had a chance to buy in at 1 satoshi....which is dirt dirt cheap. I really wish I was one of those people now lol. So the guy relaunches the coin, after filtering out the old scammed coins, works with ccex and makes sure everyone who was scammed is able to get their money back. I want to err on the side of trusting this story. Though on the internet you don't know.

[kubricktrader]

I'd be here all day if i addressed the never ending onslaught of stupid commentary posted.
I will sum it up with this.. LOL

Oh and nice stealthy topic title change hahahah
Ohh no one said that ?
Uhmmm yeah look at the title on most of the comments

Says a lot when these guys have to lie about the topic title  

Have fun with your ICO.. and yeah i ran straight to yobit to buy dem cheap ICO coin'z nom nom nom
I was scared shitless i'd miss out on ICO ROI'z  

OMG Moon.. the dev or what ever is rich.. so you know.. that means they don't want / need money.
I can't believe the idiotic shit you guys post here non stop ahhahahha

..anyone roped into crap like this gets what they deserve.

Might sound stupid.....but it's all true. I changed the topic title cause People were reading the title literally. It's not my fault some people don't have a perfect grasp on the nuance of the English language, yeah I include North Americans in that too lol. It's was a rhetorical question with a hint of hyperbole.....don't worry I dumbed it down for dummies now.

[Spoetnik]

You should know they will latch onto Bitcoin Killer and run with it.
You used the headline to get attention.. and it worked.
Trust me i know about it.. half my neg-rating's is over a Monero topic title (that didn't go over well) 

I think this was a botched effort from day 1 and i do not trust ANY "community take over"
And the topic has succeeded in lying to the masses..
It's not an ICO ?

It was an ICO though.. you are lying.

[jacafbiz]

I have read about so many projects promising to be the next best thing, but in the end they are justhere to make themselves rich. I think a project is as good as the quality of team behind it, I will read more on the project and see if they are serious about the project or not.

[kubricktrader]

I have read about so many projects promising to be the next best thing, but in the end they are justhere to make themselves rich. I think a project is as good as the quality of team behind it, I will read more on the project and see if they are serious about the project or not.

In the end smart people check stuff out themselves. Fools make up simple rules like a pos is a scam or an ico is a scam etc.

My conclusion is the devlopers in terms of ethics are stand up guys. The guy helpjng the devloper talks a bit about his faith, some could mock that but he comes across as very genuine. The developer worked with peter szor, he isnt some dumb milenial hoping to make money for a sports car. Only thing i dont like about the project is cause it started on yobit quite a few low lifes bought early. But generally the community is growing and commited.