[NEW XBY ANN] XTRABYTES - THE BLOCKCHAIN EVOLUTION CONTINUES

[yosir]

In your FAQ, you mentioned a tier 1 static node cost 500k XBY and some fees.   How much is the fees?

It will be +100k XBY for last (512th) registered L1 node.

+100K XBY fees?   You mean these 100k fees is literally gone if I want to run a tier 1 static node?   That's quite a bit....    Who gets the 100k fees?

As I understood, It will go to current 1 static node holders which bought them after been told that there will be no more nodes. 100k will be some kind of compensation to keep things fair and to honor commitment (at least at some degree) for people wich took big risk at very early phase of this project...

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[Slava79]

No POS rewards
No POW rewards

What's the incentive to run a node and secure network then?

[yosir]

No POS rewards
No POW rewards

What's the incentive to run a node and secure network then?

For my understanding, statics will be kind of master nodes

[ThepowerofD]

Followed XBY for long time and started to invest in october silly me but I am ready for the future with my bag I usually swing trade to accumulate more but this is serious tec from the ground up I 've just been hodling and buying

[VALTER 1017]

How much more time that would have updated the wallets on the exchange ?

[CryptoXMan]

In your FAQ, you mentioned a tier 1 static node cost 500k XBY and some fees.   How much is the fees?

It will be +100k XBY for last (512th) registered L1 node.

+100K XBY fees?   You mean these 100k fees is literally gone if I want to run a tier 1 static node?   That's quite a bit....    Who gets the 100k fees?

As I understood, It will go to current 1 static node holders which bought them after been told that there will be no more nodes. 100k will be some kind of compensation to keep things fair and to honor commitment (at least at some degree) for people wich took big risk at very early phase of this project...

How much fees did the existing node owners paid for their nodes?

[Slava79]

No POS rewards
No POW rewards

What's the incentive to run a node and secure network then?

For my understanding, statics will be kind of master nodes

So it's DPOS under new branding?

[Delphinus]

No POS rewards
No POW rewards

What's the incentive to run a node and secure network then?

For my understanding, statics will be kind of master nodes

So it's DPOS under new branding?

STaTiC nodes receive the transaction fees, similar to DPOS indeed. However, the consensus mechanism with which transactions are validated is different. The higher speeds are already proven in the testnet, but the exact technical details can only be released after the patent is in "pending" status.

[bikerleszno]

In your FAQ, you mentioned a tier 1 static node cost 500k XBY and some fees.   How much is the fees?

It will be +100k XBY for last (512th) registered L1 node.

+100K XBY fees?   You mean these 100k fees is literally gone if I want to run a tier 1 static node?   That's quite a bit....    Who gets the 100k fees?

Hmm yes it just fee. This fee will be shared between all nodes owners. So if u will register your node u will get part of every next registered node also. U will get part of fees from each L2 and L3 nodes also.

Fees will grow. There will be 0 XBY fee for 1st L2 node and 50000 xby for last one L2 node. So every next node fee will grow from 0 to 50 000 xby In L3 nodes it will be same but it will grow from 0 to 25 000 XBY Remember every new registered node fee will be shared between current node owners.

[Lobo_]

In your FAQ, you mentioned a tier 1 static node cost 500k XBY and some fees.   How much is the fees?

It will be +100k XBY for last (512th) registered L1 node.

+100K XBY fees?   You mean these 100k fees is literally gone if I want to run a tier 1 static node?   That's quite a bit....    Who gets the 100k fees?

Hmm yes it just fee. This fee will be shared between all nodes owners. So if u will register your node u will get part of every next registered node also. U will get part of fees from each L2 and L3 nodes also.

Fees will grow. There will be 0 XBY fee for 1st L2 node and 50000 xby for last one L2 node. So every next node fee will grow from 0 to 50 000 xby In L3 nodes it will be same but it will grow from 0 to 25 000 XBY Remember every new registered node fee will be shared between current node owners.

Bykerleszno,
Is this something that was agreed on by the original node holders?

I understand that it is difficult to please everyone and Original Node owners did take a risk and have not being compensated for it. In saying that, they did buy nodes relatively cheap and are first in line to receive cash from Dapps and fees. To me that in itself is a pretty massive reward, specially as time goes by and XBY starts dominating the crypto world.

What I would like to see is further discussion on this and a middle ground found. Ie- reduce this registration fee so it does not disadvantage new investors too much. 100k seems greedy to me.  I am not saying this from self interest as I have enough to cover a node + said fee. I would like a system put in place that benefits the whole community and promotes de-centralisation. In the end that is the dream of crypto isn't it?

More to follow I am sure 

[bikerleszno]

In your FAQ, you mentioned a tier 1 static node cost 500k XBY and some fees.   How much is the fees?

It will be +100k XBY for last (512th) registered L1 node.

+100K XBY fees?   You mean these 100k fees is literally gone if I want to run a tier 1 static node?   That's quite a bit....    Who gets the 100k fees?

Hmm yes it just fee. This fee will be shared between all nodes owners. So if u will register your node u will get part of every next registered node also. U will get part of fees from each L2 and L3 nodes also.

Fees will grow. There will be 0 XBY fee for 1st L2 node and 50000 xby for last one L2 node. So every next node fee will grow from 0 to 50 000 xby In L3 nodes it will be same but it will grow from 0 to 25 000 XBY Remember every new registered node fee will be shared between current node owners.

Bykerleszno,
Is this something that was agreed on by the original node holders?

I understand that it is difficult to please everyone and Original Node owners did take a risk and have not being compensated for it. In saying that, they did buy nodes relatively cheap and are first in line to receive cash from Dapps and fees. To me that in itself is a pretty massive reward, specially as time goes by and XBY starts dominating the crypto world.

What I would like to see is further discussion on this and a middle ground found. Ie- reduce this registration fee so it does not disadvantage new investors too much. 100k seems greedy to me.  I am not saying this from self interest as I have enough to cover a node + said fee. I would like a system put in place that benefits the whole community and promotes de-centralisation. In the end that is the dream of crypto isn't it?

More to follow I am sure 

Please note there is not many L1 nodes available. It is about 60-70 L1 nodes available to register because we have about over 440 already registered. We did list who want to register those nodes and there are more people than available slots. That is why I dont think we will lower it. It is question to CCRevlotuon but I think it will stay like it is. One thing we need to do is decide how we will decide who will able to register L1 nodes in first place because like I said there is more people than available slots. With L2 and L3 there will not be any problem because first come first serve. If u will be first to register first L2 node fee for you will be very small. If u will be second it still will be very low but not 0 anymore It will grow slowly slowly until last nodes which will need additional fee about 50 000 XBY

[entropy0]

price spike... along with many alts.

this coin looks interesting tho

[username12345]

very excited about this project.

this is one to watch closely. you dont wanna miss out on this

[S4kib]

Hello guys,
I'm new here.

I just want to ask few questions, I want to buy some XBY. So I just download the desktop wallet. Wait for it to sync with network then I am good to go?

[anobtc]

I wish i knew this project 2 months ago, but i think invest on this now is not too late  

Hello guys,
I'm new here.

I just want to ask few questions, I want to buy some XBY. So I just download the desktop wallet. Wait for it to sync with network then I am good to go?

You can creat an account on cryptopia, buy and hold it on exchange or send from exchange to your desktop wallet

[S4kib]

I wish i knew this project 2 months ago, but i think invest on this now is not too late  

Hello guys,
I'm new here.

I just want to ask few questions, I want to buy some XBY. So I just download the desktop wallet. Wait for it to sync with network then I am good to go?

You can creat an account on cryptopia, buy and hold it on exchange or send from exchange to your desktop wallet

I already did queue on cryptopia. I mean just download the exe file and let it sync thats it right?

[anobtc]

I wish i knew this project 2 months ago, but i think invest on this now is not too late  

Hello guys,
I'm new here.

I just want to ask few questions, I want to buy some XBY. So I just download the desktop wallet. Wait for it to sync with network then I am good to go?

You can creat an account on cryptopia, buy and hold it on exchange or send from exchange to your desktop wallet

I already did queue on cryptopia. I mean just download the exe file and let it sync thats it right?

I don't use XBY windows wallet but i may say yes, same with other wallet i used

[S4kib]

I wish i knew this project 2 months ago, but i think invest on this now is not too late  

Hello guys,
I'm new here.

I just want to ask few questions, I want to buy some XBY. So I just download the desktop wallet. Wait for it to sync with network then I am good to go?

You can creat an account on cryptopia, buy and hold it on exchange or send from exchange to your desktop wallet

I already did queue on cryptopia. I mean just download the exe file and let it sync thats it right?

I don't use XBY windows wallet but i may say yes, same with other wallet i used

Alright, cheers

[Releasethekraken]

https://www.youtube.com/watch?v=_TTTJWTxjP8     i hope this will help you i just followed this vid too

[SwissBoo]

ill help spread the wings of XTRABYTES