Post
Topic
Board Announcements (Altcoins)
Re: [NEW XBY ANN] XTRABYTES - OFFICIAL WEBSITE and WHITEPAPER RELEASED
by
XBY-Guy
on 02/11/2017, 13:34:56 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

All this information the developers provided for review on their official website. You can find the links in the start topic. Yes, this is really the latest technology and an unusual approach