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Topic
Board Announcements (Altcoins)
Re: [NEW XBY ANN] XTRABYTES - 777 with BORZALOM tonight at 7 GMT - JOIN US!
by
borzalom
on 07/11/2017, 22:18:13 UTC

BORZALOM 777

Question 7.

The vision for XTRABYTES seems to be to make a better blockchain. So can you explain what you think are problems with the Blockchains that already exist and can you share very generally some long term hopes and vision you have for XTRABYTES into the future.









Lot of problems exist of the most blockchains. The problems of other blockchains and XBY don't comparable at this moment therefore i just say some headwords:

Limited blocksize vs. unlimited blocksize
Lot of energy required vs. no extra energy required
reward is given to miner vs. reward shared between the STaTiC ( service providers )
unneccesary work ( mathematical calculation ) vs. required security checks
all blocks stored to all miners vs. cloud type shared storage
fixed transaction cost  vs. service based cost ( cheap or zero transaction cost )
limited number of transactions vs. extreme high number of transactions
political governance problems ( not trust and anonym ) vs. provider releated and trust
p2p style network vs. overlay network
...
and many more

And answer of your non technical question is: Just read my first words of the beginning of this project. This is experimental project. I just want solid and stable platform who help the crypto world making better.