Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution
Hi,
I created an thread about the best scalable coin:
https://bitcointalk.org/index.php?topic=1965832.0
While I like XtraBytes for its uniqueness I was not aware that it could be a scalability solution, as well. But one answer in the other thread stated it is very scalable.
So can XtraBytes really handle much more transactions in a second than PoW or PoS coins?
If yes this coin would not be only a lot but extremely undervalued right now.
I created an thread about the best scalable coin:
https://bitcointalk.org/index.php?topic=1965832.0
While I like XtraBytes for its uniqueness I was not aware that it could be a scalability solution, as well. But one answer in the other thread stated it is very scalable.
So can XtraBytes really handle much more transactions in a second than PoW or PoS coins?
If yes this coin would not be only a lot but extremely undervalued right now.
Yeah we know.
Would be nice to have a confirmation for that (Fatoshi already claimed it in the other thread). Why exactly is XtraBYtes super scalable?
Not that Xtrabytes would be a bad coin if its not super scalable. Even then it would deserve a place in the top 20 if not top 10 coins, because of its unique solution which seems to be superior to PoW and PoS coins. Below a market cap of 20 billion scalability seems not to be a big issue, anyway.
But with scalability much more is possible. I think scalable coins will dominate crytoworld when crypto market cap gets into the trillions.
I agree that XBY is a good coin and that's why I am invested in it. But it's not a totally unique coin. It is based on the IOTA Tangle concept. PoSign being the replacement term for Tangles. That concept was talked about in 2015. If anyone can show me XBY is unique to IOTA I would be interested.
Actually IOTA is based on DAG which isnt a unique concept to IOTA in fact Byteball has used the concept already before IOTA. XBY uses a very different approach using Chords P2P concept..static signed nodes, and a virtual layer that makes blocks. There is nothing like it. Whatever the criticism you want to give XBY it cant be its not unique.