Post
Topic
Board Announcements (Altcoins)
Re: [NEW XBY ANN] XTRABYTES - OFFICIAL WEBSITE and WHITEPAPER RELEASED
by
krizniq
on 19/10/2017, 07:07:02 UTC
So i haven't had much time lately to follow this project.  I hold a bit of XBY and haven't gotten a chance to delve that much into xfuel.  So from what i'm gathering is that Xfuel is a direct clone of xby?  The only difference is that it cannot be used to register statics? If I have it wrong can someone can a succinct summary of it?  it seems strange that an additional token would be added to the ecosystem if it wasn't originally part of the initial pitch.

Firstly, XBY is a coin and XFUEL is a token
xfuel usage is for funding comunity/project helpers and xfuel can be PARTIALLY used for buying nodes as XBY will be always required in roughly 67/33 percent xby/xfuel

with L1+L2+L3 nodes together there is NOT ENOUGH XBY to fill them up, so xfuel will be needed in many nodes to free some xby.
xfuel is meant to be as suplemental token so there will be roughly 100millions xby in circulation (rest locked in nodes).

xfuel is running on nodes already, means we have basic tech up and running.

So TL;DR: xfuel is running on xby network, helping xby circulation to maintain desired amount when all nodes are in place. xfuel emmission is selfbalancing so market is never flooded.