Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Revolution
by
Zylon
on 22/06/2017, 20:53:33 UTC

This decision was made by the early investiors, right?
And of course, these investors decided for this plan, who wouldn’t do that?!
What is fair about this decision when you are deciding for your own profit by knowing that the investors in the future won't have the chance to get into the same club!
They get a node for tiny money and now they can earn money without any work and nobody else can take it away from them? very good decision imo!

I know that there was a lot of work for promoting, but in every community, there are people who helping to promote the Coin at the beginning and most of the time they getting free coins for that job!
And these people know that if they are successful with the promotion the price will increase and they will be rich and because of that they are doing this job.
But getting a node for ever, come on that is way too much!

The early investors are the ones that saw the potential in XBY while still in the early stage. The decision for 500k/L1 node was made to have as many longterm investors as possible to create a stable and trusted network. Because XBY will be used to pay for services you can't have unlimited nodes. As i understand L2 nodes will be almost the same as L1, only thing is that to earn as much as a L1 node owner you need more L2 nodes because these will be cheaper.

When these guys were promoting XBY alot of people didn't invest at low price because they didn't trust it yet. At start when i found out about XBY i didn't invest alot either because i didn't really have a lot of trust in it untill CC posted his first video. It was made clear from the start if i remember correctly that the amount of nodes would be limited. Sometimes you miss opportunities because you find out about something later than somebody else or you wait too long to invest early because you have not enough trust but that's how life is. It was all fair because all the information needed at that moment was out there, the thing is that you learned about XBY later than others.

1.I think, I clearly explained why it is not fair when you make a decision for your own profit and not for the community and mainly not for the future community!
And I don't think that I missed a good a opportunity, I am a idealist and I don't wanna have a benefit like this.
Believe me, this is not good for your blockchain and your community too.
This was a big mistake imo and it was made made under pressure obviously, you will lose much credibility because of this matter.

2.Again I am not talking about unlimited nodes, I explained that too

3.It would be interesting to know how many L2 nodes you will need to get the same income?
And are you allowed to get many L2 nodes and is the value of the L2 node limited like the masternodes?