Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution
Hey Xtrabytes crew, do you know that Blockchain Dynamics talks about XBY and it's new technology for 5 minutes in the last show?
https://soundcloud.com/errorbytrial/blockchain-dynamics-65-5-28-2017
Start at 0:37:45
https://soundcloud.com/errorbytrial/blockchain-dynamics-65-5-28-2017
Start at 0:37:45
Started as a failed ICO? umm no a scam.
You could argue this is a good feedback and wakeup call hearing what they understood from the project after reading the ANN. They mainly got the idea it was 1 sats (not something you boast about) It comes across as the community just pumped a scam ICO. I get the back story so I understand no one was interested and was dumping what they thought was a scam but still. Nothing about the tech other than we have Masternodes? Not good.
Well I think that they just don't know nothing about XBY before, was a "user request" made in their thread on Cryptopia forum, Alts section (by me, I'm fan of the show).
I think, that reading this thread actually can be kind of confusing and XBY are in a phase of development of a total new technology, so it's normal that when you for the first time know of a coin that revert the concept of "proof of -" it's not so easy to understand (you know that there's no a whitepaper yet?).
As a result of that I see in Cryptopia a new high price today, 499 sats, in yobit it's 370 today. And an increase of volume of XBY on this exchange.
At this stage more people talk about this coin better, if a dev or someone with higher technicals knowledges then me, can contact the show on twitter or cryptopia forum and explain deeply and correctly what XBY do and why it's a revolutionary thing in crypto world. I'm sure the Blockchain Dynamics guys will analyze again the coin in one of the next shows.
The truth is some people are stupid and often miss the point of something and also this tech is a bit new so some might just try to understand in terms of what has gone before. But assuming they aren't any of these imthink the take away is more are we communicating this project well? Personally I would say no, just in terms of the ANN and website material.
I remember doing some module at college a few years ago about effective communication and basically it was saying IF the receiver of a message doesn't understand then through feedback i.e. Checking they understood the responsibility is always with the giver of information. I would say WE need to be more clear and simple, I Would say 80% of the ANN for example is just white noise, hopefully a rewrite will be focused and clear and will ditch all the secondary stuff no one needs to know about.
I am so confident about this idea that the day the ANN or at least the week it is communicated clearly the important stuff of this coin we would see a big rally. It's taken a shockingly long time to sort out so far. I could make an ANN in 30 minutes if I had a logo and a banner.
I think the developers have explained more then once that explaining the tech will happen once the tech is done: that means, tested and up and running so the information given is proven to be right and succesful. So having the ANN page clear and filled with usefull technical info is great but if the information of tech isn't available or not correct at this point, it has no use. I don't understand the impatience...what are weeks on a project that aims to be changing crypto forever? Hell, what are months...?
Because you have to communicate what the project is so far and hopes to be in the future, this isn't a secret project, just saying what are doing, do it more clearly. I mean cause you spent a load of time asking questions etc so you know the project well I assume so why deny that to others?
I think you are confused with going all out in terms of marketing and exchanges, no one said don't tell people about the project, we have a slack with 500 people, Twitter, FB, Reddit and a newsletter. Lol