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Showing 20 of 43 results by TroySmith
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Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 02/05/2017, 13:05:41 UTC
I know I'm brand new here and haven't earned the right to give input yet, but I'll give it anyway.  Grin   There are already a lot of coins that start with X. I think Xtrabytes might do better with a more distinct name. Maybe something to do with signatures?

You must be joking, I find Xtrabytes a good brand name and is well thought for the masses.

I already had a short discussion with AsikeyZ on Slack about this:

ccrevolution
5:04 AM
Thank you for your input... we can do all sorts of things for promotions like that to gain market size. We could not change the XBY and the name XtraBYtes came out of this through community interaction. The bigger picture also came from this in the sense that our main service will be decentralized shared storage (bytes) Hence... XtraBYtes :wink:
5:05
That is the brand and we can become the #1 brand very easily with a name like that.
aiskeyz
5:21 AM
@ccrevolution Gotcha. I hope I didn't sound like I was fudding. I just like the signature aspect and think it would be cool to portray that aspect in the branding. I understand better now why that name was chosen.

ccrevolution
5:28 AM
@aiskeyz never thought that at all April... We will build big campaigns around the PoSign...  Cool



I've been around crypto some years now and follow things very closely. Can I suggest you don't focus on the storage aspect TOO much because there are already coins doing this, coins like Storj and Sia just off the top of my head. Its not that unique and won't produce much interest or market cap. I liked the idea of building a whole ecosystem but also people are talking about that quite a lot but IS a great direction long term....a kind of decentralised Google. BUT the major focus and selling point which makes this coin unique MUST be the static nodes and POSign way of securing the system. TRUST me this MUST be the focus. Unique wins, copying others won't.

Thanks Troy, storage is ONLY the first application and the natural target when we first began to develop the long term plans after figuring out how to use the ticker XBY. We all must understand the communications between Borzalom and I, long before any new people knew this was becoming something. I asked him several times if we can change the name... At the time we had Bitmox... what the heck can kind of marketing campaign can you build around THAT?? Nada...

So, I was told that we CAN change that name, but we CANNOT change XBY otherwise we have to make a whole new coin and then all of us who were scammed would lose the money the scammer took in the Bitmox ICO. Therefore, that was not an option... So, I came up with a few names that might work with the letters XBY and I put it out to the small community we had at that time and from this, one of our dedicated members, name Aarell threw back some more ideas and from this, XtraBYtes was born...

Now, what can we do with XtraBYtes?? Well, storage is first... and here we are!!

However, the bigger picture here with Borzaloms invention of PoSign and the STaTiC node setup is actually a Decentralized Super System. So, there is MUCH more to come and XtraBYtes is the BRAND we will build this around...

Thank you again for your input and for being a valued member of the XtraBYtes Community Corporation!!




I think the name is fine, no complaints here. I would actually argue that names aren't as important as people think, most of the top 20 coin names are pretty silly if you look at them, Ripple, Etherum, Agur, Golem!! it doesn't matter.  Cheesy What people care about is what they do.

But my point on focus of marketing was important, I think you know what I'm saying so I won't repeat myself, thanks for you're work. But I will say what I think would be a bad idea is to say hey this coin is a decentralised platform (sooo many people doing that now, dime a dozen) and oh yeah by the way it has a unique way it secures the chain. The selling point is POSign front and centre....and other stuff can follow that.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 02/05/2017, 12:46:31 UTC
I know I'm brand new here and haven't earned the right to give input yet, but I'll give it anyway.  Grin   There are already a lot of coins that start with X. I think Xtrabytes might do better with a more distinct name. Maybe something to do with signatures?

You must be joking, I find Xtrabytes a good brand name and is well thought for the masses.

I already had a short discussion with AsikeyZ on Slack about this:

ccrevolution
5:04 AM
Thank you for your input... we can do all sorts of things for promotions like that to gain market size. We could not change the XBY and the name XtraBYtes came out of this through community interaction. The bigger picture also came from this in the sense that our main service will be decentralized shared storage (bytes) Hence... XtraBYtes :wink:
5:05
That is the brand and we can become the #1 brand very easily with a name like that.
aiskeyz
5:21 AM
@ccrevolution Gotcha. I hope I didn't sound like I was fudding. I just like the signature aspect and think it would be cool to portray that aspect in the branding. I understand better now why that name was chosen.

ccrevolution
5:28 AM
@aiskeyz never thought that at all April... We will build big campaigns around the PoSign...  Cool





I've been around crypto some years now and follow things very closely. Can I suggest you don't focus on the storage aspect TOO much because there are already coins doing this, coins like Storj and Sia just off the top of my head. Its not that unique and won't produce much interest or market cap. I liked the idea of building a whole ecosystem but also people are talking about that quite a lot but IS a great direction long term....a kind of decentralised Google. BUT the major focus and selling point which makes this coin unique MUST be the static nodes and POSign way of securing the system. TRUST me this MUST be the focus. Unique wins, copying others won't.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 01/05/2017, 14:58:26 UTC
I think there's only 17 days to go for the masternodes.
Where we can see how many nodes are live now?
Either an online list or within the wallet?
Thank you
Go XBY!
 Smiley



https://github.com/borzalom/XtraBYtes/tree/master/tools

OK. That's the code. Thank you

But is there an online place running this script?
I would like to check how many nodes are running.
Investors need to validate that all the hype about the nodes is confirmed by actually nodes being created.
The dev said he want a good quantity of nodes, like 256.
That's a huge quantity of nodes and it's easy to see that a good proportion of the XtraBYtes cheerleaders are short term profit hop'ers.

I'm not attacking, I'm not trolling. Legit concerns only.
Let's see the seriousness of this community.
Thanks


I didn't think you were trolling. Here the problem at the moment, the project is like a screaming new born baby at the moment. The tech might of been in the developers mind for a while but the project is only weeks old. So there is a lot of ducks not lined up and we are just starting to get websites, social media etc in place. Honestly with nodes the absolute priority is to get them set up as its not like nodes on other coins where they can be set up anytime. These need to be done in next 2 weeks as far as I understand. The developer has periodically posted the list of nodes and also given the script for people to look themselves, for a busy guy I think he's done enough on that area for now. I personally don't think we will get 256 nodes in such a short time, that's just the ideal, no one is claiming we have that many, the developer has actually only shown we have about 10. With the interest shown by people to set them up that's not hard to believe.

I think the seriousness of the community will come once we shake off weak small time trader hands and bigger whales join the project. I'm not holding my breath for that until we get on a better exchange personally. But so far pretty amazing community is coming up, the guy who made the Litecoin logo is working with us. In one week we have wallets being made, banners being made, websites, social media...all set up by community with zero bounties, just investor community helping out. So really so far so good.

Thank you for your reply and opinion. I totally understand that there's a huge amount of things to do atm for XtraBytes dev team and the community that is engaging with this project, And that's why my question to know how many nodes are actives now.  

I have a hard time to believe the number of masternodes to be only around 10.  It simply doesn't fit with a 5X increase in price and makes me think it's most probably currently overbought. I'm just looking for that important input (nb of masternodes) to make a wise investment decision.
thank you for your time


Are you purposely being ignorant? The static nodes have only started to be put in place this weekend, this project is not the same as other masternode systems, the price rise is because this with POSign will be unique....not how many nodes it has?Huh

You ask about nodes and can't be bothered to download the link the developer provided to find out yourself?Huh


Looks like FUD to me, the price drops now and you walk away.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 01/05/2017, 05:44:12 UTC
Hi all small announcement about the project gaining more exposure.

While building our social media presence I was contacted by Emily the Chief marketing officer of coincap/shapeshift.io . XtraBYtes is on the list to be added to coincap.io within the next two weeks when the next round of new additions is added. They will announce the addition through all their social media channels ie. twitter, slack, facebook.

Our social media presence will really start to come to life over this coming week, so stayed tuned.


Good work!!
How much activity to become Jr. Member?


Jr. Member is hardly a badge of honour and respect lol.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 01/05/2017, 05:30:38 UTC
Hi all small announcement about the project gaining more exposure.

While building our social media presence I was contacted by Emily the Chief marketing officer of coincap/shapeshift.io . XtraBYtes is on the list to be added to coincap.io within the next two weeks when the next round of new additions is added. They will announce the addition through all their social media channels ie. twitter, slack, facebook.

Our social media presence will really start to come to life over this coming week, so stayed tuned.


Good work!!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 01/05/2017, 05:07:28 UTC
So I ended up selling at 160 now I am FOMO  Roll Eyes

Considering getting back in but I'm not too sure  Undecided


You missed the biggest gain to come.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 01/05/2017, 04:59:15 UTC
Market Cap
$2,003,287


BOOM!!!


Amazingly we still need to more than double just to peep into the top 100 on Coinmarketcap. This one can go $20m easy I think. It rare to get an opportunity to invest in an ICO worthy coin at POW prices.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 30/04/2017, 16:00:44 UTC
BTW has anyone noticed how quick coins are sent? I sent from Exchange to wallet almost instantly.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 30/04/2017, 14:01:16 UTC
Lets be chilled out for the next few weeks. I'm amazed the developer has done so much without any real issues so far. Most projects I ever followed has technical problems along the way. We have been told this is experimental so we should accept teething pains even if we havent seen any so far.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 30/04/2017, 13:09:49 UTC
Did anyone buy this on Yobit.net? Any issues with the exchanger?

I bought on Yobit. So far no problems for me.
I hold on both c-cex & yobit no issues.


My original question was about moving coins off these exchanges. Many have a daily limit on how much BTC you can move off, I am wondering if there is a limit in terms of others alts?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 30/04/2017, 12:49:54 UTC
List of succeed registrations:

STaTiC registration ID:858d8ae6be3ce8c1301e1a9d19442f2aa7c41690ed394393a8c7ee1922595219
STaTiC name ID:BAsYWAesHEB2zepnwyEfUcduRAemD8ENuj
STaTiC human readable name:Borzalom
STaTiC public key:RtH8t21499ccfEsoFjBhY91QGai9bbaQTEFL59GkCASVTeGRQ7Q1u5EtV7YVbDknUJWqxwjK3GaEKw5 sPrsNYHAE
STaTiC spendable address:BJNYo7GJkSbVe8G8MmZHSBzCTJaURQ9RtP

STaTiC registration ID:255019de1b0324b1af27380f364b4cd7f54154d9dc8785d3947990757dc17490
STaTiC name ID:B4oLy5pdWGAKTSUnVEjv5rsXWuRMjYRKQJ
STaTiC human readable name:STAT1Morph
STaTiC public key:QQPFkUATfrLJXj69LhtdviFNH8z1ffZSuuGu9wjF4ef82V55xRSBk1u9cK6tfQVM51AwASDtLoS4Ayn 4wwqjqGZM
STaTiC spendable address:BKiRvDGbL43BEghknTHomJj3foMYRTg1oo

STaTiC registration ID:8dd3a56a40d006aaf859409d4089ac5a8cae7ff4e687f457f37b863621eed240
STaTiC name ID:BRGByE4QLGfVF75ksNhWXzWzKXvPR9XWhG
STaTiC human readable name:Gettin Paper
STaTiC public key:QHoDbtrbzvB12XH6WLNbuuTA6BW41W81WgMc1et6tmfiSoXBhXqg8uHGc6ZwhdYxwiKVqDLnK7a6RP7 ZSjDqy6Zc
STaTiC spendable address:B94BbHs7jNrcuqFiTLaLd3fT6aayJabPEu



Awesome! I would set one up but I admit i need hand holding with a simple video tutorial?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 30/04/2017, 12:27:52 UTC
I might be wrong but i dont see any link to the website in the OP or even on Twitter, kind of important.


Also link on Coinmarketcap is old website, sorry to give jobs but it is important.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 30/04/2017, 10:19:49 UTC
Is someone doing a video tutorial to set up a node?


Anyone concerned about getting Coins off Yobit? There is a daily limit right unless you give personal details?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 29/04/2017, 14:53:38 UTC

Wow.. that was something.. CCR, we believe in you.. I watched another interview with the Dev of PIVX, who also faced a similar issue.

As long as you do the job, we don't need to know all the details. Only when things are screwed up, that people want to know who the CEO, DEV and the Management team. We all know that and understand it too. So #GoXBYGo.. #GoCCRGo!!


Hey CCRevolution lets not take the FUD too seriously, all big coins get it. I mean that is their goal to harass and be negative and get a response from people....dont bite if you do they are effective. Also the funny/annoying thing is probably because the original ICO and the major trading are on exchanges that are populated by kind of trailer trash mongrels.  Cheesy that actually lots of the original investors are these idiots and now with the same usernames haha turning up on slack to be part of the community. But one thing I do know is most will dump after they made some profit cause most aren't smart enough to hold long term.

And also lets be honest, we all did a little trolling and FUD in our time. Peace out and Chill!
Post
Topic
Board Altcoin Discussion
Re: What do you think of how this works?
by
TroySmith
on 28/04/2017, 17:29:45 UTC
Brilliant Community project I bought some last week.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 28/04/2017, 13:14:40 UTC
Sorry for the noob question, but can someone explain to me what a staticnode is and what is does...?

anyone....? :')


scroll down to read info.


https://xtrabytes.tech
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 28/04/2017, 12:40:41 UTC
Thinking selfishly about money and doing what is best for the coin long term isn't mutually exclusive you know....just saying.  Cheesy
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 28/04/2017, 12:01:53 UTC
Sharing this post by seedit122 this from the Slack. This is my vote:

Quote
Ok honestly here is the deal, we need to decide how much for a masternode/static right? If we reach DASH's price point the coin will be around 80 to 85 cents. A million coins will run $800,000, which means only millionaires can run nodes. That's insane. If you want a coin based on community it should be more accessible. It shouldnt be about status it should be about community involvement, and besides people can run multiple nodes anyway so why limit the amount by so much? A stronger network, the better, so more nodes = more strength, plus you can put on the website the fact that we are running hundreds of nodes. The less of something, the better as well - lower node req means higher future price. If Borzalom wants 300 nodes thats even more reason to lower node req. What happens if someone buys and doesnt set up a node? Loses their coins? Too risky. Lower node req down to 10k - 100k range. Pull the poll, say that it was a mistake due to technicalities or something and we have lowered the node req.


Well said! +100 to you sir seedit!

You can't just start changing the rules for running a staticnode because it would become to expensive for people that want to run one later. It is still cheap to buy 1000000 coins, for the people that want to invest later it will be more expensive when the value rises, that is how things work in the real world.
The thing is that early investors will get the most benefits when a project succeed and it must be that way because they are the ones taking most risks from the start. To be able to get enough coins to run a masternode i sold a part of my Wetrust tokens, a token that a lot of people think that will do very well on the long run. If the amount of XBY needed to run a static node would become much lower then i would feel cheated because i could of made more profit trading Wetrust tokens, 500000 coins i have no problem with but lower i would say no.

Me and other investors were buying while people were spreading FUD and i can say that before the release of the first video by CCRevolution i was very carefull but after hearing him speak i was convinced that they will do their best to bring this to a good end, so i invested a lot more. You can't please everyone with your choices but i can say that the XBY community will become much stronger even when 1M coins is needed to run a staticnode.

Thank you for your opinion Lopchi and you are not alone.

We are not trying to cheat anyone but it was a decision that we thought best to leave for the community to decide and the community is on your side at this point. Are you with us in the Slack? If not and if you would like to join us, you can send me a PM and I will invite you. We are having lots of discussion about this subject.

There are many pros and cons that we must discuss because nobody thought the price would rise so fast and we would like to see more STaTiC nodes (200 to 300 was the initial goal... with considerations at max 5 satoshis for the price... but the price shot up and now we have a Catch 22 - Not enough nodes and too high of prices with unproven/unseen code to hold people back from investing heavily and we are not going to change the amount after the STaTiCs start up. So, a small delay to debate this and Sunday we will start one way or the other)

Also, please remember that this is experimental and there may be changes along the way that need to be done for the betterment and long term stability of XtraBYtes (this has been on the ANN from day 1). This is the number 1 priority for all investors... to make sure the company grows and thrives. We are not here for a fast P&D... We are building a Community Corporation with intentions to be here for a very long time and firing up a BRAND NEW BLOCKCHAIN with a BRAND NEW CONSENSUS mechanism, only to have to fork later would not be very wise.

STaTiCs were $12 just 9 days ago and they shot up to about $1500 at one point... and even now they are sitting at $945.

So, this must be debated to do the right thing for all aspects...

Please join us.

Thank you!



I understand that we need enough static nodes to create stability of Xtrabytes that is why i said that i don't have a problem with 500000 for a node. And at the current price that would be around $550 i believe. You said in the video that you rather have longterm investors to run the static nodes so it would be better to have a choice between 1000000, 750000 and 500000 because going lower especially 250000 will let too many weak hands running nodes and dump when they need money or as soon as they have a couple of bucks profit. Whatever the outcome is of this poll i'll live with it as this is a community project. And yes i joined slack today, by the way is it possible to make a video how to set up static node as i want to know what needs to happen when i do certain things .

It looks like its going to be me to give the hard q's and a's. Again.

This is why the decision of the requirement of masternodes should not be solely left up to the community. We need Borzalom's (and other developers) technical input. You are only thinking about money. It might be "cheap" to you to buy one million coins, but to others its quite a bit. You are an early early investor, there is no reason for you to feel "cheated" if the number is lower, especially if you are concerned about the success of the project and the long term stability of the platform. Period. I dont really care what you did to get XBY, sorry to be blunt, that is your business.

I heard Borzalom wants 300 nodes set up. With 1 million requirement thats way too high and too risky to implement. There is no reason to handicap the network because of some short sighted "early investors" wanting the one million simply because of the status associated with it. If you are a true early investor, you will not care about the requirement anyway, what you care about is the stability of the platform and how well it runs. You understand that things change especially on something early as this. There was no agreement of 1 million nodes at any time.

The range for nodes should be within 10k - 200k IMO. People can run multiple masternodes, so really, what's stopping us from creating a super stable network with many nodes? You say if the number is lower people with weak hands will drop them....I say bullshit, people dont keep coins because of node requirements, they keep the coins because they are confident in the project's ability to succeed.

Take a look at the richlist - and look at the people with 1 million plus coins. Those are the only people that will be able to run nodes in the future. Borzalom wants 300 node minimum in the future? Right now we only have around 80 people able to run nodes. And remember there are going to be people that will not bother to set up masternodes. There will be people that may not be able to. People that forget about their coins. Traders. Etc etc. You may say as the project gains traction there will be more interest. True, but the barrier of entry will grow rapidly as the martketcap grows (this aint gonna be some small cap coin).

Technical stability always comes first. Period. We want the best network possible. Limiting nodes to 1 million, or even half a million is absurd.



I agree. I want to hear what Borzalom thinks and anyone else who understands the technology he is proposing. So many people are think 1m will mean the price will rise more. Thats a poor way to make any decision. We should also think long term not at the price now. We should assume a market cap of $50m at least when thinking about the price of nodes. I don't actually know what is best though If 1M is best and has the effect Borzalom wants then great but if it needs to now go down then fine. We got to think longer term for XBY.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] XtraBYtes - The Proof of Signature Blockchain Database
by
TroySmith
on 28/04/2017, 05:42:21 UTC
The new website looks great now, I hope the OP gets redone soon too.
Post
Topic
Board Altcoin Discussion
Re: Do you think "iamnotback" really has the" Bitcoin killer"?
by
TroySmith
on 27/04/2017, 20:29:14 UTC
they ban shelby but let idiots post crap all over the forum for sig campaigns?

i can guess the ban reason but would like to see the official version.

agree with him or not at least his posts were usually interesting.




I wouldn't assume the guy is banned for no reason. Maybe he decided to get on with his project as his health got better.

But who knows, the other end of the spectrum is he died, he did have some serious health problems...the flesh is weak.


EDIT: Though I think he actually probably is banned, reason is the signature he put on his profile that linked to his past address that were banned. I think its disgusting if he has been banned as he was the most intelligent guy on here. Maybe the site sees his ideas as a threat to Bitcoin even?