Post
Topic
Board Announcements (Altcoins)
Re: [NEW XBY ANN] XTRABYTES - OFFICIAL WEBSITE and WHITEPAPER RELEASED
by
CryptoAddictedGuy
on 02/11/2017, 13:32:07 UTC
I can not understand one nuance. If this coin is not mined, how will the transaction be confirmed? After all, without this, you can not transfer a coin from one purse to another purse

That's what will differentiate XBY from other currencies.  XBY will be implementing a technology the developer is working on called PoSign.

I got it. But I wonder how this technology will work? Participants will write messages and thereby confirm transactions? It is very interesting

I join the issue, I would also like to know more about this. Or just show where you can read about it to understand the principles of this technology