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

[Legendari]

Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018?  Why or why not?

With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018?

Anyone who hasn't heard of XBY yet can read their Announcement.

https://bitcointalk.org/index.php?topic=1864397.0

It seems to me that this is a very nice coin. One of the best altcoins and he will be able to enter the top 10.

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[everythingisgreat]

Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018?  Why or why not?

With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018?

Anyone who hasn't heard of XBY yet can read their Announcement.

https://bitcointalk.org/index.php?topic=1864397.0

It seems to me that this is a very nice coin. One of the best altcoins and he will be able to enter the top 10.

Top 100 most definitely, top 50 easy top 20 likely top 10 is a bit harder to achieve but all we need is a solid stable run of tech releases and new exchanges and we certainly can get there.   

[cryptoyachtclub]

Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018?  Why or why not?

With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018?

Anyone who hasn't heard of XBY yet can read their Announcement.

https://bitcointalk.org/index.php?topic=1864397.0

It seems to me that this is a very nice coin. One of the best altcoins and he will be able to enter the top 10.

Top 100 most definitely, top 50 easy top 20 likely top 10 is a bit harder to achieve but all we need is a solid stable run of tech releases and new exchanges and we certainly can get there.   

I agree with you. In 2018, this coin will definitely fall into the TOP-20. But to get into the TOP-10, it needs a little more time.

[CryptoAddictedGuy]

Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018?  Why or why not?

With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018?

Anyone who hasn't heard of XBY yet can read their Announcement.

https://bitcointalk.org/index.php?topic=1864397.0

It seems to me that this is a very nice coin. One of the best altcoins and he will be able to enter the top 10.

Top 100 most definitely, top 50 easy top 20 likely top 10 is a bit harder to achieve but all we need is a solid stable run of tech releases and new exchanges and we certainly can get there.   

I agree with you. In 2018, this coin will definitely fall into the TOP-20. But to get into the TOP-10, it needs a little more time.

If the team strives to develop the project, it can become a high place in the rating in a short time. There are many coins that can be cited as examples.

[go4crypto]

There is very little chance of this coin getting in top 10 or 20 with so many good
competing coins. I'll say getting in top 100 is possible.

[everythingisgreat]

There is very little chance of this coin getting in top 10 or 20 with so many good
competing coins. I'll say getting in top 100 is possible.

That could be true at least one of the spots is vulnerable to be taking over and that being bitconnect.  And if a few governments came out saying they were going to police anon coins and XMR could drop.  I think the last 3 spots of the top 10 are vulnerable to any good coin right now.

[ramsdaj28]

Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018?  Why or why not?

With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018?

Anyone who hasn't heard of XBY yet can read their Announcement.

https://bitcointalk.org/index.php?topic=1864397.0

As a crypto-trader, I haven't heard much about XTRABYTES (actually, I don't know this altcoin before). I checked XTRABYTES in coinmarketcap.com, and I found it to be promising. I think that if the devs were able to promote it further and let the crypto-world know everything about it, this will be a successful altcoin.

As of today, its price is at around $0.015. It has a market cap of $6,825,270 , which is ranked 257th. This is pretty low if we think about it, but the thing that caught my attention is its circulating supply and its volume. As of October 30, 2017, it has a circulating supply of 429,500,000 XBY and a total supply of 650,000,000 XBY, which means that there are still around 220.5 million XBY that are untouched. Also, its volume in last 24 hours is $37,796, which means that there were only around 2.36 million XBY or around 0.55% of the total circulating supply that were traded in that course of time. This means that there are a lot of holders who are not yet trading their XBYs.

However, I don't think that it will be a top 10 cryptocurrency in 2018. Top 100 is the most possible and attainable achievement for this cryptocurrency by the end of 2018. But who knows, if the devs are good enough in spreading the words of their project, this coin might climb up the ladder faster.

[suncokreten]

Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018?  Why or why not?

With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018?

Anyone who hasn't heard of XBY yet can read their Announcement.

https://bitcointalk.org/index.php?topic=1864397.0

As a crypto-trader, I haven't heard much about XTRABYTES (actually, I don't know this altcoin before). I checked XTRABYTES in coinmarketcap.com, and I found it to be promising. I think that if the devs were able to promote it further and let the crypto-world know everything about it, this will be a successful altcoin.

As of today, its price is at around $0.015. It has a market cap of $6,825,270 , which is ranked 257th. This is pretty low if we think about it, but the thing that caught my attention is its circulating supply and its volume. As of October 30, 2017, it has a circulating supply of 429,500,000 XBY and a total supply of 650,000,000 XBY, which means that there are still around 220.5 million XBY that are untouched. Also, its volume in last 24 hours is $37,796, which means that there were only around 2.36 million XBY or around 0.55% of the total circulating supply that were traded in that course of time. This means that there are a lot of holders who are not yet trading their XBYs.

However, I don't think that it will be a top 10 cryptocurrency in 2018. Top 100 is the most possible and attainable achievement for this cryptocurrency by the end of 2018. But who knows, if the devs are good enough in spreading the words of their project, this coin might climb up the ladder faster.

Although I am not holding and XBY, this is really conservative opinion. Current number 100 has $12.5m market cap, which is what XTRABYTES had 8 days ago when it was trading at 30c. Basically, it already reached top 100 without many people knowing about it, so it should at least reach top 50 next year.

Currently not holding any because I have my picks for this year, but if I get some extra cash, I might get some.

[everythingisgreat]

Will XTRABYTES (XBY) Be A Top 10 Cryptocurrency By The End Of 2018?  Why or why not?

With all the recent developments coming from XTRABYTES, could this all-inclusive platform push XBY into a top 10 spot on CoinMarketCap by the end of 2018?

Anyone who hasn't heard of XBY yet can read their Announcement.

https://bitcointalk.org/index.php?topic=1864397.0

As a crypto-trader, I haven't heard much about XTRABYTES (actually, I don't know this altcoin before). I checked XTRABYTES in coinmarketcap.com, and I found it to be promising. I think that if the devs were able to promote it further and let the crypto-world know everything about it, this will be a successful altcoin.

As of today, its price is at around $0.015. It has a market cap of $6,825,270 , which is ranked 257th. This is pretty low if we think about it, but the thing that caught my attention is its circulating supply and its volume. As of October 30, 2017, it has a circulating supply of 429,500,000 XBY and a total supply of 650,000,000 XBY, which means that there are still around 220.5 million XBY that are untouched. Also, its volume in last 24 hours is $37,796, which means that there were only around 2.36 million XBY or around 0.55% of the total circulating supply that were traded in that course of time. This means that there are a lot of holders who are not yet trading their XBYs.

However, I don't think that it will be a top 10 cryptocurrency in 2018. Top 100 is the most possible and attainable achievement for this cryptocurrency by the end of 2018. But who knows, if the devs are good enough in spreading the words of their project, this coin might climb up the ladder faster.

Although I am not holding and XBY, this is really conservative opinion. Current number 100 has $12.5m market cap, which is what XTRABYTES had 8 days ago when it was trading at 30c. Basically, it already reached top 100 without many people knowing about it, so it should at least reach top 50 next year.

Currently not holding any because I have my picks for this year, but if I get some extra cash, I might get some.

We are going to be back in the 100's by late November and probably sub 75 the market cap right now is just so low compared to what it should be.  And this is with very little product.  Once one of the bigger milestones gets reached we will jump to the top 50 for sure.

[everythingisgreat]

If you want to find out more about XBY their is a question and answer with the developer on the 7th.  If you have a question to ask join the slack https://xtrabytes-xby.herokuapp.com/ and you can get invited to the channel where the questions will be listed and you can add your own.

[asdalani]

There is very little chance of this coin getting in top 10 or 20 with so many good
competing coins. I'll say getting in top 100 is possible.

Top 100 would be the most that they go up to. They won't get in the top 5 coin list that is a fact. Not that much potential in this coin.

[dontknowwhy]

There is very little chance of this coin getting in top 10 or 20 with so many good
competing coins. I'll say getting in top 100 is possible.

Top 100 would be the most that they go up to. They won't get in the top 5 coin list that is a fact. Not that much potential in this coin.

why?

[everythingisgreat]

There is very little chance of this coin getting in top 10 or 20 with so many good
competing coins. I'll say getting in top 100 is possible.

Top 100 would be the most that they go up to. They won't get in the top 5 coin list that is a fact. Not that much potential in this coin.

Top 5 will be hard but top 10 is a possibility.  Just look at a snap shot from this year and you have a good number that are not there anymore and movement with the others.  Would have guessed NEO would be a top 10, I think not.

[SupremeGoose]

Development of Xtrabytes never stops, here is a little proof.

[everythingisgreat]

Development of Xtrabytes never stops, here is a little proof.

Thats a good start and we should get some other development details today hopefully with the 777 question and answer session.

[fishfishfish313]

Interview with Borzalom is starts in a few mins.

Head on over the XBY ANN a this post: https://bitcointalk.org/index.php?topic=1864397.msg24191189#msg24191189

Questions and Answers will be posted on the forum.  Just reload every so often to get the updates.

Hope to see some of you guys in the comments section of the ANN

[everythingisgreat]

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.

Here is the Q&A that happened yesterday.  Keep those updates happening and we will be top 10 in no time.

[fishfishfish313]

The 777 with Borzalom has been posted to Steemit: https://steemit.com/cryptocurrency/@xtrabytes/november-777-q-and-a-with-lead-developer-borzalom

A key take away is in the end, where Borz says, "Limited blocksize vs. unlimited blocksize" 

The whole last answer is full of great info that XBY tech can bring to crypto.

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

That a platform is being created to combat all of the above is reason enough imo to be very interested in what XBY is doing.

[everythingisgreat]

The 777 with Borzalom has been posted to Steemit: https://steemit.com/cryptocurrency/@xtrabytes/november-777-q-and-a-with-lead-developer-borzalom

A key take away is in the end, where Borz says, "Limited blocksize vs. unlimited blocksize" 

The whole last answer is full of great info that XBY tech can bring to crypto.

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

That a platform is being created to combat all of the above is reason enough imo to be very interested in what XBY is doing.

I just picked up up more today while it is still so low.  With just a slight pick up in volume we will be back to 500 in no time.

[DigeNarrator]

i dont think so...
there are much better projects that will be in the 10th first
beside the forks and the coins that always stay at 10th
XBY maybe top 30 at the end of 2018, and thats not for sure also
but still top 30 = x100 of the current marketcap..