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Author Topic: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER  (Read 937 times)

enki

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[XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« on: November 18, 2017, 09:42:34 PM »







XTRABYTES is a blockchain / modules platform and associated cryptocurrency that introduces several key innovations that provide significant security and scalability advantages over current crypto technologies on the market.

The goal of XTRABYTES is to provide a platform on which a multitude of customized services can be deployed and utilized. Several blockchain solutions provide a similar offering, but XTRABYTES is unique in that it is backed by and built upon a secure, powerful, and reliable network.







The XTRABYTES network will provide a highly customizable platform which enables developers to create and deploy a variety of tailored applications. Flexibility and ease-of-use are central to the design of the network, shortening the development process and allowing users to launch their projects quickly and efficiently. The goal is for XTRABYTES to serve as the host for an entire ecosystem of applications and services, all backed by the security and scalability advantages inherent in XTRABYTES' core technology.

On the XTRABYTES platform, these custom applications have been labeled modules, reflecting the fact that they are both independent and self-contained from other modules; each comprising an entirely separate application. Modules are segregated and can be created, updated, and deleted without impacting each other or disrupting the network in any way. They will offer plug-and-play functionality where modules can easily be connected to the XTRABYTES network and immediately draw upon its core features.

The XTRABYTES development team plans to release several modules as a proof-of-concept and to provide several core services.  The first of these will be comprised of a decentralized secure data storage, with several other services currently under consideration.



XTRABYTES is powered by the Proof-of-Signature (PoSign) consensus algorithm, a unique and revolutionary approach to achieving distributed consensus which was created by Founder and Lead Developer, Zoltán Szabó (aka. Borzalom).

In all other existing blockchain technologies, transactions are verified and blocks created by only one randomly selected node in the network. Common consensus algorithms such as Proof-of-Work, Proof-of-Stake, and Proof-of-Importance attempt to ensure that the node selected is not malicious or faulty, but they cannot guarantee that this is the case.

PoSign comprises a radically different approach. Transactions are verified by a network of what are called STATIC nodes—importantly, each of these nodes must sign off on a transaction before the associated block can be appended to the chain. Should a malicious node repeatedly attempt to compromise the chain, it will be blacklisted automatically.

STATIC nodes are the backbone of the XTRABYTES network. The word STATIC is erived from the words; Services Transactions and Trusted in Control, which is all of what defines our STATIC nodes in the simplest way.

SERVICES - All modules attached to the XTRABYTES network must be served by at least 1 STATIC node.
TRANSACTIONS - All transactions are processed by the STATIC nodes.
TRUSTED - Each STATIC node is registered by a deposit of XBY and is known by the XTRABYTES network.
CONTROL - The STATIC network controls the entire XTRABYTES MODULAR BLOCKCHAIN ECOSYSTEM.

The security improvements are profound—to compromise XTRABYTES, the entirety of the STATIC node network must be compromised and a single malicious actor cannot undermine the integrity of the blockchain. Additional benefits include substantially decreased energy consumption as the consensus algorithm does not require nodes to solve computationally difficult problems to earn transaction fees or create new tokens.

A corollary of requiring each node to sign transactions is that these nodes be able to communicate with one another rapidly and seamlessly. To address these requirements, XTRABYTES has developed and introduces The VITALS (Virtual Information Transmissions ALigning STATIC's) Network.

VITALS comprises a private network directly interconnecting the online STATIC nodes;  effectively providing VPN-like functionality to the network. VITALS therefore supports the communication needs of the XTRABYTES blockchain by providing interference-free direct paths between nodes to ensure security and speed when processing transactions.

The PULSE system relays messages between nodes and functions like an instant messaging service. Crucially, synchronicity is always maintained—offline nodes are automatically forwarded missed messages which they then sign when they come online again. These transmissions are always encrypted and timestamped, and cannot be altered.



A simple explanation of how this will function:

XTRABYTES is built on a new and novel algorithm requiring none of the traditional mining supports typically seen in blockchains which rely on POW or POS. This new algorithm is called Proof of Signature (POSign).
 
PoSign will ensure a signature rate of 100% for each block system wide, which is made possible through its network of STATIC nodes and a network of virtual nodes (The VITALS Network). The VITALS network is comprised of a fixed number of virtual nodes that corresponds to and is controlled by one or more real STATIC nodes.
 
Block creation is controlled entirely through the communication (using PULSE) between the VITALS and the system of real STATIC nodes.

When a transaction is created, it is verified by all of the STATIC nodes in the network. Once the transaction has been completely validated, the VITALS network enters the process to create the new blocks and achieve 100% signature validation of the newly created block.

Using this method of block generation, we will be able to avoid transaction and block conflicts, while allowing every peer knowledge of who will create the new block and who will distribute the block first.

What happens to a VITALS node and its block generating ability if a STATIC node
is down or is being attacked via DDOS?

Assume the S1 STATIC node controls the V1 virtual node.  If a disruptive agent attacks and disables the S1 STATIC node then one or more of the other STATIC nodes will take control of the V1 VITALS node until the S1 STATIC node has been brought back online.

All VITALS nodes are controlled by one or more STATIC nodes.  If the number of STATICs is less than VITALS nodes then random STATICs will control additional VITALS nodes.



Modules can be considered an extension to the XBY core and its functionality. They provide the use case for XTRABYTES, for everything from decentralized storage to instant messaging and all conceivable applications in between. The XTRABYTES core and DICOM API will provide programmers with an easy to grasp platform for development. A module can be coded using many different popular programming languages ranging from Visual Basic, Java, to C++. This makes XTRABYTES extremely flexible and opens up the creation of modules to third party developers; or anyone who knows a basic programming language.

Modules are one of the simplest parts of the XTRABYTES structure and provide an excellent entry point for people to discover and learn about the XTRABYTES infrastructure.
 
Once the validation process is complete, the modules will be loaded onto the XTRABYTES platform where they will be available in the Graphical User Interface (GUI) of the XTRABYTES wallet.  Users can then choose which modules to run by enabling or disabling them.

A module is no different from a regular application in that it can be independently created and tested.  Once the module is ready, it can be easily connected to the XBY Module Core by using the Distributed Command Message Language Core or DICOM Application Programming Interface (API).

The DICOM interface connects the external modules to the Module Core. The Module Core will verify and validate the modules.  The Module Core is, in turn, connected to the XBY core. 
 
The X-Bridge Interface has an important and vital function, as it establishes the connection between the old and the new chain.  This is just one example of the functions that can be used by the modules.

Due to the adaptable nature of module content many categories can be created and tailored to the module's individual purpose.  Examples of categories include:  Administration, Business, Commerce, Educational, E-Commerce, Finances, Games, Security, and many others.

How are modules obtained/integrated into the XBY platform?

The aim is to make module integration as simple and fluent as possible. Think of familiar user platforms such as Apple’s App Store or Google Play.

How are modules programmed?

Through use of the DICOM API developers are not limited to a single programming language; as is often the case with other blockchain technologies. Instead, we will provide an environment where they are free to program, using their preferred language and using DICOM API to deploy the module to the XTRABYTES eco-system.

This results in very little restriction on developers and creates an environment limited only by the developer’s imagination. Decentralized exchanges, instant messaging, web hosting, you name it, can all be done on the XTRABYTES blockchain.



1. Please read the history of XBY. It is important to do your due diligence when buying our coin and joining our community. We have an interesting story and colorful history which you can benefit from by being a knowledgeable member.  Here’s two links, the original ICO launch and the reboot of the coin you see today:

ICO HISTORY: https://bitcointalk.org/index.php?topic=1742688.msg17880844#msg17880844
BLOCKCHAIN REBOOT HISTORY: https://bitcointalk.org/index.php?topic=1793468.msg18500780#msg18500780

2. Join the Slack after you read the history and keep informed in real time.
3. Follow us on Social Media to get the latest news.
4. Follow us on Bitcointalk.org: https://bitcointalk.org/index.php?topic=1864397.msg18538512#msg18538512
5. The team are working day and night to bring this experimental tech to fruition


XTRABYTES – Changing the game!!

THE GREATEST SOURCE OF INFORMATION IS AT OUR:
FORUM: https://community.xtrabytes.global
XTRABYTES FAQ: https://community.xtrabytes.global/faq/



FACEBOOK - https://www.facebook.com/XTRABYTESOfficial/
INSTAGRAM - https://www.instagram.com/xtrabytes
MEDIUM - https://medium.com/@XTRABYTES
REDDIT - https://www.reddit.com/r/xtrabytes
SLACK - Invitation Only - Post on the forum to receive an invitation.
STEEM - https://steemit.com/@xtrabytes
TELEGRAM - https://t.me/xtrabytes_official
TWITTER - https://twitter.com/xtrabytes
VIMEO - https://vimeo.com/xtrabytes
YOUTUBE - https://www.youtube.com/c/XTRABYTESOFFICIAL



Main Website - http://xtrabytes.global/
New Block Explorer - https://blockexplorer.xtrabytes.global/
Original Block Explorer - http://xbyblockchain.borzalom.hu/
STATIC List - http://borzalom.hu/static-list-updated.html (updates every 60 seconds)





•    650,000,000 coins
•    No premine
•    XBY coins were all bought by investors in ICO
•    No POS rewards
•    No POW rewards
•    No inflation
•    50 XBY transaction fee per transaction



Visit Borzaloms Github - https://github.com/borzalom/XtraBYtes



WINDOWS - https://github.com/borzalom/XtraBYtes/releases/download/pre-v1.2.0.2-win/xtrabytes-qt.exe
MAC/OSX - https://github.com/borzalom/XtraBYtes/releases/download/pre-v1.2.0.2/xtrabytes-Qt-OSX-v1202.dmg
LINUX - https://github.com/borzalom/XtraBYtes/releases/download/pre-v1.2.0.2-win/xtrabytes-qt-linux-v1202
RASPBIAN - https://github.com/borzalom/XtraBYtes/releases/tag/raspberry-pre

***XFUEL WALLET*** https://github.com/XtraBYtes/xfuel/blob/master/xfuel.exe ***XFUEL WALLET***




C-CEX: https://c-cex.com/?p=xby-btc
CRYPTOPIA: https://www.cryptopia.co.nz/Exchange/?market=XBY_BTC
NOVA: https://novaexchange.com/market/BTC_XBY/
NOVA: https://novaexchange.com/market/ETH_XBY/
NOVA: https://novaexchange.com/market/LTC_XBY/

INDEXES

COINMARKETCAP - https://coinmarketcap.com/currencies/xtrabytes
WORLDCOININDEX - https://www.worldcoinindex.com/coin/xtrabytes

YOBIT WARNING
Do NOT use YOBIT until they update our wallet
and allow our members to FREELY move their XBY.



We are looking for partners, supporters, developers and blockchain enthusiasts for the project. All who contribute to the project with the intention of improving its long-term potential are welcome.

The XTRABYTES coin is essentially a utility. The coin is inextricably linked to the success of the network and its services, as it will be utilized within transactions to purchase services and compensate providers. As the applications on the platform are utilized by community members and the general public, an increase in demand will further increase the value of XBY.

XTRABYTES is a community coin; the developers and board members are investors right alongside the general public. We rely upon a vibrant community as our source for ideas, inspiration, and contributions, and we welcome new members with open arms. Transparency and inclusion are among our core values. We aren’t interested in hype, and are not looking to make a quick profit—we are in it for the long haul and seek to create lasting value. We are looking for fellow coin enthusiast like ourselves.



Total supply of 650 million XBY is reduced by each STATIC node on the network. At the time of writing, there are currently 465 Valid STATIC nodes with 500,000 XBY locked in each. This reduces the current supply to about 417 million XBY. In the future, additional STATIC nodes will be added to the network, reducing the available supply to a considerably smaller amount.

If you want to contribute to the community development, send coins to community address BLocksFEE4ProofofSignatureXXYF3VQ3 and we will use these coins in the future for community goals.







JUNIOR MEMBERS


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[center][url=http://xtrabytes.global]◽ XTRABYTES ◽ The Proof Of Signature
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FULL MEMBERS


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THREAD[/url] ‖ [url=https://xtrabytes-xby.herokuapp.com/]SLACK[/url] ‖
[url=https://twitter.com/xtrabytes]TWITTER[/url] ‖
[url=https://fb.me/XtraBYtesOfficial]FACEBOOK[/url] ‖
[url=https://github.com/borzalom/XtraBYtes/]GITHUB[/url] ‖[/size]
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SENIOR & HERO MEMBERS


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SENIOR & HERO MEMBERS - RIGHT SIDE LINKS


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Blockchain Revolution
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-----



DISCLAIMER - No information contained within this or any other XTRABYTES content is intended to be financial advice. Cryptocurrencies, including XTRABYTES, are highly volatile and unregulated. There can be significant risks associated with purchasing, selling, and holding XTRABYTES and other cryptocurrencies. When making financial decisions, you should always do your own research and seek help from financial professionals. The XTRABYTES COMMUNITY claims no responsibility for losses occurred through buying, selling, trading, or holding XTRABYTES or other cryptocurrencies.
« Last Edit: November 18, 2017, 11:05:16 PM by enki »

MushroomCloud

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #1 on: November 20, 2017, 06:47:24 PM »
Thank you for an official XTRABYTES ANN here at BitcoinGarden. I am a big supporter of XBY, and believer. Amazing project!

The TestNet is now in progress  8)

CCRevolution

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #2 on: November 20, 2017, 06:58:57 PM »



Great to have a new place to share our information! Thank you Enki for spearheading the opening of our Bitcoingarden Forum.

Lot's of great things being accomplished by the community and developers at XTRABYTES!

https://xtrabytes.global

https://community.xtrabytes.global







enki

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #3 on: November 20, 2017, 09:42:28 PM »
If anyone has questions about XTRABYTES, start by looking through the forum as CCRevolution has posted above.

Any specific questions are probably answered in the FAQs.

https://community.xtrabytes.global/faq/

enki

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #4 on: November 20, 2017, 10:26:21 PM »
Vote and comment to get XBY listed on altcoinexchange.com.  We currently have 118 votes.

https://feedback.altcoinexchange.com/suggestions/2104/please-add-xtrabytes-xby

CCRevolution

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #5 on: November 21, 2017, 01:12:30 AM »



If anyone wants to join our TESTNET, we are working towards having 512 STATIC nodes available. Here is a short message our Lead Developer (Borzalom) sent me a few minutes ago:

Message from Borz:

After this initial test done i planned start testing the extreme high volume of transactions. We need more testers before possible to start. I hope to we fill each 512 STaTiC positions.

So, anyone who is not already in the TESTNET, please contact @yankeeruinx @BryanK or @Danny1987 and they will provide you with a set of keypairs.

Please note that the speed or capacity of your computer and internet connection is not important. All connections help because all connections exist.



enki

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #6 on: November 21, 2017, 06:31:04 PM »



If anyone wants to join our TESTNET, we are working towards having 512 STATIC nodes available. Here is a short message our Lead Developer (Borzalom) sent me a few minutes ago:

Message from Borz:

After this initial test done i planned start testing the extreme high volume of transactions. We need more testers before possible to start. I hope to we fill each 512 STaTiC positions.

So, anyone who is not already in the TESTNET, please contact @yankeeruinx @BryanK or @Danny1987 and they will provide you with a set of keypairs.

Please note that the speed or capacity of your computer and internet connection is not important. All connections help because all connections exist.

Here is the link with information on how participate in the current XCITE 5000 block test.

https://community.xtrabytes.global/threads/how-to-participate-in-xcite-5000-block-test.188/#post-1549

CCRevolution

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enki

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #8 on: November 22, 2017, 05:14:11 PM »
There is now a private channel on Slack for devs to discuss the project.  If you want to add to the discussion, let me know here, on the Slack, or on the new forum by clicking on the link below.

https://community.xtrabytes.global/threads/channel-for-devs.201/

enki

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karasurizero

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #10 on: November 25, 2017, 05:38:00 PM »
why are not you the same project on the blockchain as everyone else? why i should choose you?

mihohil

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #11 on: November 26, 2017, 03:39:27 AM »
why are not you the same project on the blockchain as everyone else? why i should choose you?

when I ask questions like this, no one can answer me

enki

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #12 on: November 29, 2017, 12:23:38 AM »
why are not you the same project on the blockchain as everyone else? why i should choose you?

Because PoSign is more efficient, more secure, faster, scalable...it's all in the ANN...

If you want to follow the developments, check out the forum.

https://community.xtrabytes.global/

pawout

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #13 on: November 30, 2017, 09:17:55 AM »
Hello everybody!

enki

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Re: [XBY ANN] XTRABYTES - BECAUSE THE BLOCKCHAIN CAN BE BETTER
« Reply #14 on: December 04, 2017, 06:17:43 PM »
Like, follow, and comment on our FB posts.

https://www.facebook.com/XTRABYTESOfficial/

 

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