Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution
by
gluedog
on 30/05/2017, 16:37:07 UTC
Today we will fly to 750 sat / XBY Smiley
Strong community ,  strong technology , strong value ! Smiley

Genesis day is coming soon ! Smiley Genesis day price over 1500 sat Smiley

Can you explain what this "genesis block" exactly means? I tried reading back, but couldn't find anything helpfull...

https://www.youtube.com/watch?v=VnweayYyhlQ

From where is it explained...? Or is it a 36 minute explaination of the Genesis block? Wink

Basically the genesis block will be the start of the new blockchain. It will have info in it to do with the Statics that were registered before block 50k (I think)
Then once this new blockchain is live, it will run alongside the current one and then Borzalom will migrate stuff to the new blockchain. Then remove the old one. And then it is ready for developing stuff on.
(From what I remember)

So basically this will be the "Official Launch?"

Also, will my wallet still have the coins after the genesis block?

Is there any ETA on it ?Smiley