Is XBY the next big thing?¿
I must say I don't have the technological background to make really in-depth analysis for some of these projects. This one looks really cool and promising on paper, but I am wondering if I'm missing something!
It's not going to scale, the whole network will go down when they add more nodes??
So please I will appreciate any counter-argument or link... why should not I invest?
There will be a total of 3584 nodes as of right now
512 lvl 1
1024 lvl 2
2048 lvl 3
When all nodes will be setup and occupied but the demand to own/buy a node from other users keeps increasing then the community will have the option to double all nodes to 7168 which would look like this
1024 lvl 1
2048 lvl 2
4096 lvl 3
If the demand keeps on going it could be halved again and again and again to infinity...
2048 lvl 1
4096 lvl 2
8192 lvl 3
...
The more often it doubles the more decentralized it becomes
It also gets unhackable even quantum computers wouldn't stand a chance!
With the doubling the price for each node will of course halve (e.g. lvl1 500k -> 250k, lvl2 250k -> 125k etc..)
And when everything will be setup the circulation of coins will only be 100 Million XBY..
I don't want to give any financial advice but I'm pretty sure XBY will be a success because it's a brand new and unique system they are building and the abilities are very impressive. The transaction speed is also like instant and they aim for 10k tx/s which is better than VISA or MASTER! This is also a non ICO project
