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**Former XTRABYTES leadership statement as of 24 September 2021**
This announcement will update you on the most recent events. The text also includes
how the former XTRABYTES leadership plans to move forward.
After our last announcement, while weighing the reactions from both team and
community, we opted to present Zoltán with a final suggestion to save the project, the
team, and the community.
On the 17th of September, in the XTRABYTES workspace server, we shared a two option
document with Zoltán and the complete XTRABYTES team.
The two options were:
**Option 1**
A complete company rebrand, handing over the technology to the new company,
resulting in the shutdown of Xtrabytes.
• The new company would offer all the coin holders the option to swap their XBY/
XFUEL coins into the new coin/company. Zoltán would receive an hourly salary
(yet undetermined) to handle the development (was to be outlined in a Letter of
Intent).
• Zoltán would receive a royalty based on the success of the technology. (was to
be outlined in a Letter of Intent).
• The agreements outlined in the Letter of Intent would be written into a legal
contract after the seed round was completed.
• The company rebranding announcement would progress immediately after
reaching an agreement.
• As per Zoltán's request, his name would be removed from technology references
to him, including the Investor Deck, the website, and any promotional materials.
• Zoltán's XTRABYTES business and legal liability risks would become the
liabilities of the new company.
The Letter of Intent would include (but not limited to):
• An hourly pay rate in USDC or USDT.
• A Royalty Percentage.
• A Non Disclosure Agreement
• The technology/IP would be transferred to the new business.
• The technology/IP would be held by the foundation, not with individuals or
shareholders.
• The agreement that decision making would be made by the leadership - in
time this would transfer to a foundation structure
• An appropriate and trusted member of the former XTRABYTES leadership
would view the PoSign Code to enable them to conform to the team and
community it's been seen - this would not be a question of trust from the
leadership but rather, an essential step for the community.
• A more detailed list of expectations and responsibilities would be identified
in the final contract. ie, to educate new developers to understand the
technology.
**Option 2**
Zoltán choosing to continue with the XTRABYTES company.
• The former XTRABYTES leaders team would not be involved with the
XTRABYTES project.
• The responsibility for any further steps taken by the XTRABYTES project would
be the sole responsibility of Zoltán. Such as the responsibility of community
communications and new team development.
• The new company would no longer make a coin swap available to XBY and
XFUEL.
• The entire liability of XTRABYTES would remain with Zoltán. It would be Zoltán's
sole responsibility to move the project forward.
Zoltán was given a full week to make up his mind and let us know his decision (what option he would go by). Unfortunately, not any kind of answer was given to the former XTRABYTES leadership team.
As a result the former xtrabytes leadership will:
• Interpret Zoltán’s lack of communication as a sign that he prefers option 2 to
option 1. The four bullet points deriving from this decision and described above
will be effective immediately.
• Stop any further communication with Zoltán and interference with his
XTRABYTES project. We will go our separate ways.
• Remove themselves from the XTRABYTES workspace server.
The vision we have is clear. We know what we want and what is needed to reach our
goals.
A new company called AnuuTech™ is in the making.
Key XTRABYTES employees will be approached for immediate and future
cooperation within the new company.
Developers looking to work, contact: development@anuutech.com
- the former XTRABYTES leadership team
This announcement will update you on the most recent events. The text also includes
how the former XTRABYTES leadership plans to move forward.
After our last announcement, while weighing the reactions from both team and
community, we opted to present Zoltán with a final suggestion to save the project, the
team, and the community.
On the 17th of September, in the XTRABYTES workspace server, we shared a two option
document with Zoltán and the complete XTRABYTES team.
The two options were:
**Option 1**
A complete company rebrand, handing over the technology to the new company,
resulting in the shutdown of Xtrabytes.
• The new company would offer all the coin holders the option to swap their XBY/
XFUEL coins into the new coin/company. Zoltán would receive an hourly salary
(yet undetermined) to handle the development (was to be outlined in a Letter of
Intent).
• Zoltán would receive a royalty based on the success of the technology. (was to
be outlined in a Letter of Intent).
• The agreements outlined in the Letter of Intent would be written into a legal
contract after the seed round was completed.
• The company rebranding announcement would progress immediately after
reaching an agreement.
• As per Zoltán's request, his name would be removed from technology references
to him, including the Investor Deck, the website, and any promotional materials.
• Zoltán's XTRABYTES business and legal liability risks would become the
liabilities of the new company.
The Letter of Intent would include (but not limited to):
• An hourly pay rate in USDC or USDT.
• A Royalty Percentage.
• A Non Disclosure Agreement
• The technology/IP would be transferred to the new business.
• The technology/IP would be held by the foundation, not with individuals or
shareholders.
• The agreement that decision making would be made by the leadership - in
time this would transfer to a foundation structure
• An appropriate and trusted member of the former XTRABYTES leadership
would view the PoSign Code to enable them to conform to the team and
community it's been seen - this would not be a question of trust from the
leadership but rather, an essential step for the community.
• A more detailed list of expectations and responsibilities would be identified
in the final contract. ie, to educate new developers to understand the
technology.
**Option 2**
Zoltán choosing to continue with the XTRABYTES company.
• The former XTRABYTES leaders team would not be involved with the
XTRABYTES project.
• The responsibility for any further steps taken by the XTRABYTES project would
be the sole responsibility of Zoltán. Such as the responsibility of community
communications and new team development.
• The new company would no longer make a coin swap available to XBY and
XFUEL.
• The entire liability of XTRABYTES would remain with Zoltán. It would be Zoltán's
sole responsibility to move the project forward.
Zoltán was given a full week to make up his mind and let us know his decision (what option he would go by). Unfortunately, not any kind of answer was given to the former XTRABYTES leadership team.
As a result the former xtrabytes leadership will:
• Interpret Zoltán’s lack of communication as a sign that he prefers option 2 to
option 1. The four bullet points deriving from this decision and described above
will be effective immediately.
• Stop any further communication with Zoltán and interference with his
XTRABYTES project. We will go our separate ways.
• Remove themselves from the XTRABYTES workspace server.
The vision we have is clear. We know what we want and what is needed to reach our
goals.
A new company called AnuuTech™ is in the making.
Key XTRABYTES employees will be approached for immediate and future
cooperation within the new company.
Developers looking to work, contact: development@anuutech.com
- the former XTRABYTES leadership team
Donovan — Today at 3:19 AM
Hi @everyone
The past couple of months, our team has shown motivation and dedication towards learning and documenting our technology. As someone who studied the technology for years, I can tell you it isn’t an easy job. Our technologies rely on each other, the PoSign technology wouldn’t be achievable without the unique network structure, whereas our chain relies on PoSign for validation. They complement and strengthen each other.
All this hard work has led up to this moment, where we have our technology completely documented. We are very proud of these documents, containing infographics, text and beautiful artwork.
What has also been on the round table of the management team for a while now, is the ratio for the merger. We’ve gone over many possibilities with the team and our financial adviser. We’ve chosen to lock the ratio on 1:1 with our team and the community in mind. This means that XBY and XFUEL will both be swapped for the same amount of coins in the merger.
The percentage of coins reserved for the swap in the new chain hasn’t been locked, we’ll be going through investor rounds before locking the final coin economics.
The last item on the agenda, is our development plan. We’re currently working on this, after which the seed investor round is one of the next big things on the agenda.
Xtrabytes
Hi @everyone
The past couple of months, our team has shown motivation and dedication towards learning and documenting our technology. As someone who studied the technology for years, I can tell you it isn’t an easy job. Our technologies rely on each other, the PoSign technology wouldn’t be achievable without the unique network structure, whereas our chain relies on PoSign for validation. They complement and strengthen each other.
All this hard work has led up to this moment, where we have our technology completely documented. We are very proud of these documents, containing infographics, text and beautiful artwork.
What has also been on the round table of the management team for a while now, is the ratio for the merger. We’ve gone over many possibilities with the team and our financial adviser. We’ve chosen to lock the ratio on 1:1 with our team and the community in mind. This means that XBY and XFUEL will both be swapped for the same amount of coins in the merger.
The percentage of coins reserved for the swap in the new chain hasn’t been locked, we’ll be going through investor rounds before locking the final coin economics.
The last item on the agenda, is our development plan. We’re currently working on this, after which the seed investor round is one of the next big things on the agenda.
Xtrabytes
Hi @everyone
You’ll start seeing Github entries on what we call the experimental branch of our project. This side is a part of our new business plan. It’s a structure that’ll help Xtrabytes move forward on both the business and the development side.
You all know the protection of our technology has been a major focus. In the past couple of years, we’ve opted to use patents to protect us. This has proven to be very costly and time inefficient.
Our new business plan focuses on progress and delivery. We’re splitting the project into 2 sides, a community and a business branch. The community branch will focus on development, experimental technology and open source projects. It will enable our community and investors to see what we’re working on, and people to cooperate with Borzalom and our devs on different parts of technology. The business side of things will be closed source. This side is aimed at stability and will work with fixed employees.
These 2 sides of the company will enforce each other, bringing us continuity, protection, community engagement and much more.
As you know, we’ve been working our way through documenting our technology in order to be able to present ourselves to investors. We’re currently going through document 4 out of 4, our documentation team has been working hard to build these. We’re also actively working on our business plan. What we shared in this message is just a top level view of our structure. We will be sharing a more detailed post when the business plan has been finished.
The upcoming developments are in preparation for the coin merger. This is an important step for Xtrabytes.
We also have an upcoming third party review of our technology. As we’ll be finishing up on the documentation, we’ll also be looking at approaching investors for our seed investor round soon. We’re confident that our technology and new business plan will attract investors. The financial plan focuses on development at first, we want to build and finalize our technology so we can launch our network and show the world what we’re made of.
Our team is solid, our experience tells us what to do and our confidence will allow us to do it. In order to gain the most, you have to know how to convert the negatives into positives.
Our next announcement is planned for next week.
Talk soon!
Xtrabytes
From Donovan
You’ll start seeing Github entries on what we call the experimental branch of our project. This side is a part of our new business plan. It’s a structure that’ll help Xtrabytes move forward on both the business and the development side.
You all know the protection of our technology has been a major focus. In the past couple of years, we’ve opted to use patents to protect us. This has proven to be very costly and time inefficient.
Our new business plan focuses on progress and delivery. We’re splitting the project into 2 sides, a community and a business branch. The community branch will focus on development, experimental technology and open source projects. It will enable our community and investors to see what we’re working on, and people to cooperate with Borzalom and our devs on different parts of technology. The business side of things will be closed source. This side is aimed at stability and will work with fixed employees.
These 2 sides of the company will enforce each other, bringing us continuity, protection, community engagement and much more.
As you know, we’ve been working our way through documenting our technology in order to be able to present ourselves to investors. We’re currently going through document 4 out of 4, our documentation team has been working hard to build these. We’re also actively working on our business plan. What we shared in this message is just a top level view of our structure. We will be sharing a more detailed post when the business plan has been finished.
The upcoming developments are in preparation for the coin merger. This is an important step for Xtrabytes.
We also have an upcoming third party review of our technology. As we’ll be finishing up on the documentation, we’ll also be looking at approaching investors for our seed investor round soon. We’re confident that our technology and new business plan will attract investors. The financial plan focuses on development at first, we want to build and finalize our technology so we can launch our network and show the world what we’re made of.
Our team is solid, our experience tells us what to do and our confidence will allow us to do it. In order to gain the most, you have to know how to convert the negatives into positives.
Our next announcement is planned for next week.
Talk soon!
Xtrabytes
From Donovan
Just a friendly reminder number three. A message from Donovan. Hi @everyone. Some time ago, Borzalom created a gateway that allowed investors to deposit and withdraw XBY and XFUEL onto the Waves platform. By using this system ((in combination with a patched client) we were able to exercise some control over the coins and thus guarantee their safety as well. Indeed, we were able to restore coins that would have otherwise been lost on several occasions.
However, we’ve always viewed this gateway as a temporary solution (at least until we launch X-CHANGE). Currently, Borzalom maintains the gateway and client on our servers.
As the volume on Waves has been very low, we’ve been reviewing the costs associated with this gateway on our servers. We’re also taking analyzing the time and effort needed to maintain it. For instance, every time Waves makes a platform adjustment, we must rework and re-sync the gateway to make sure it’s fully compatible with our servers again. Since, Borzalom is the only person who can make these adjustments, he must necessarily pause his work on PoSign and the lite -network. And as you might guess, Waves is not a top priority for us at present.
Given the upcoming changes to our project, we’ve decided to stop maintenance on the Waves gateway. This change will help reduce our monthly costs and optimize the time spent on development. Accordingly, we’ve set February 6th as the last day anyone can deposit or withdraw XBY or XFUEL on the Waves DEX. Again, this is to free up server resources for development and lets Borzalom focus on his main work.
What this means for you: if you have XBY or XFUEL on Waves, please withdraw your coins before February 6th! After this date, you will no longer be able to withdraw any XBY or XFUEL coins that remain on Waves!
Please note that we will have guides and a technical support team in place in case you need help.
However, we’ve always viewed this gateway as a temporary solution (at least until we launch X-CHANGE). Currently, Borzalom maintains the gateway and client on our servers.
As the volume on Waves has been very low, we’ve been reviewing the costs associated with this gateway on our servers. We’re also taking analyzing the time and effort needed to maintain it. For instance, every time Waves makes a platform adjustment, we must rework and re-sync the gateway to make sure it’s fully compatible with our servers again. Since, Borzalom is the only person who can make these adjustments, he must necessarily pause his work on PoSign and the lite -network. And as you might guess, Waves is not a top priority for us at present.
Given the upcoming changes to our project, we’ve decided to stop maintenance on the Waves gateway. This change will help reduce our monthly costs and optimize the time spent on development. Accordingly, we’ve set February 6th as the last day anyone can deposit or withdraw XBY or XFUEL on the Waves DEX. Again, this is to free up server resources for development and lets Borzalom focus on his main work.
What this means for you: if you have XBY or XFUEL on Waves, please withdraw your coins before February 6th! After this date, you will no longer be able to withdraw any XBY or XFUEL coins that remain on Waves!
Please note that we will have guides and a technical support team in place in case you need help.
Just a reminder to Move your XBY and XFUEL off of WAVES.
Hi @everyone. Some time ago, Borzalom created a gateway that allowed investors to deposit and withdraw XBY and XFUEL onto the Waves platform. By using this system ((in combination with a patched client) we were able to exercise some control over the coins and thus guarantee their safety as well. Indeed, we were able to restore coins that would have otherwise been lost on several occasions.
However, we’ve always viewed this gateway as a temporary solution (at least until we launch X-CHANGE). Currently, Borzalom maintains the gateway and client on our servers.
As the volume on Waves has been very low, we’ve been reviewing the costs associated with this gateway on our servers. We’re also taking analyzing the time and effort needed to maintain it. For instance, everytime Waves makes a platform adjustment, we must rework and resync the gateway to make sure it’s fully compatible with our servers again. Since, Borzalom is the only person who can make these adjustments, he must necessarily pause his work on PoSign and the lite -network. And as you might guess, Waves is not a top priority for us at present.
Given the upcoming changes to our project, we’ve decided to stop maintenance on the Waves gateway. This change will help reduce our monthly costs and optimize the time spent on development. Accordingly, we’ve set February 6th as the last day anyone can deposit or withdraw XBY or XFUEL on the Waves DEX. Again, this is to free up server resources for development and lets Borzalom focus on his main work.
What this means for you: if you have XBY or XFUEL on Waves, please withdraw your coins before February 6th! After this date, you will no longer be able to withdraw any XBY or XFUEL coins that remain on Waves!
Please note that we will have guides and a technical support team in place in case you need help.
https://discord.xtrabytes.global/
https://support.xtrabytes.global/hc/en-us/articles/360025597271-Waves-Guide
Hi @everyone. Some time ago, Borzalom created a gateway that allowed investors to deposit and withdraw XBY and XFUEL onto the Waves platform. By using this system ((in combination with a patched client) we were able to exercise some control over the coins and thus guarantee their safety as well. Indeed, we were able to restore coins that would have otherwise been lost on several occasions.
However, we’ve always viewed this gateway as a temporary solution (at least until we launch X-CHANGE). Currently, Borzalom maintains the gateway and client on our servers.
As the volume on Waves has been very low, we’ve been reviewing the costs associated with this gateway on our servers. We’re also taking analyzing the time and effort needed to maintain it. For instance, everytime Waves makes a platform adjustment, we must rework and resync the gateway to make sure it’s fully compatible with our servers again. Since, Borzalom is the only person who can make these adjustments, he must necessarily pause his work on PoSign and the lite -network. And as you might guess, Waves is not a top priority for us at present.
Given the upcoming changes to our project, we’ve decided to stop maintenance on the Waves gateway. This change will help reduce our monthly costs and optimize the time spent on development. Accordingly, we’ve set February 6th as the last day anyone can deposit or withdraw XBY or XFUEL on the Waves DEX. Again, this is to free up server resources for development and lets Borzalom focus on his main work.
What this means for you: if you have XBY or XFUEL on Waves, please withdraw your coins before February 6th! After this date, you will no longer be able to withdraw any XBY or XFUEL coins that remain on Waves!
Please note that we will have guides and a technical support team in place in case you need help.
https://discord.xtrabytes.global/
https://support.xtrabytes.global/hc/en-us/articles/360025597271-Waves-Guide
DonovanToday at 4:30 PM
Hi @everyone. Some time ago, Borzalom created a gateway that allowed investors to deposit and withdraw XBY and XFUEL onto the Waves platform. By using this system ((in combination with a patched client) we were able to exercise some control over the coins and thus guarantee their safety as well. Indeed, we were able to restore coins that would have otherwise been lost on several occasions.
However, we’ve always viewed this gateway as a temporary solution (at least until we launch X-CHANGE). Currently, Borzalom maintains the gateway and client on our servers.
As the volume on Waves has been very low, we’ve been reviewing the costs associated with this gateway on our servers. We’re also taking analyzing the time and effort needed to maintain it. For instance, everytime Waves makes a platform adjustment, we must rework and resync the gateway to make sure it’s fully compatible with our servers again. Since, Borzalom is the only person who can make these adjustments, he must necessarily pause his work on PoSign and the lite -network. And as you might guess, Waves is not a top priority for us at present.
Given the upcoming changes to our project, we’ve decided to stop maintenance on the Waves gateway. This change will help reduce our monthly costs and optimize the time spent on development. Accordingly, we’ve set February 6th as the last day anyone can deposit or withdraw XBY or XFUEL on the Waves DEX. Again, this is to free up server resources for development and lets Borzalom focus on his main work.
What this means for you: if you have XBY or XFUEL on Waves, please withdraw your coins before February 6th! After this date, you will no longer be able to withdraw any XBY or XFUEL coins that remain on Waves!
Please note that we will have guides and a technical support team in place in case you need help.
https://discord.xtrabytes.global/
https://support.xtrabytes.global/hc/en-us/articles/360025597271-Waves-Guide
Hi @everyone. Some time ago, Borzalom created a gateway that allowed investors to deposit and withdraw XBY and XFUEL onto the Waves platform. By using this system ((in combination with a patched client) we were able to exercise some control over the coins and thus guarantee their safety as well. Indeed, we were able to restore coins that would have otherwise been lost on several occasions.
However, we’ve always viewed this gateway as a temporary solution (at least until we launch X-CHANGE). Currently, Borzalom maintains the gateway and client on our servers.
As the volume on Waves has been very low, we’ve been reviewing the costs associated with this gateway on our servers. We’re also taking analyzing the time and effort needed to maintain it. For instance, everytime Waves makes a platform adjustment, we must rework and resync the gateway to make sure it’s fully compatible with our servers again. Since, Borzalom is the only person who can make these adjustments, he must necessarily pause his work on PoSign and the lite -network. And as you might guess, Waves is not a top priority for us at present.
Given the upcoming changes to our project, we’ve decided to stop maintenance on the Waves gateway. This change will help reduce our monthly costs and optimize the time spent on development. Accordingly, we’ve set February 6th as the last day anyone can deposit or withdraw XBY or XFUEL on the Waves DEX. Again, this is to free up server resources for development and lets Borzalom focus on his main work.
What this means for you: if you have XBY or XFUEL on Waves, please withdraw your coins before February 6th! After this date, you will no longer be able to withdraw any XBY or XFUEL coins that remain on Waves!
Please note that we will have guides and a technical support team in place in case you need help.
https://discord.xtrabytes.global/
https://support.xtrabytes.global/hc/en-us/articles/360025597271-Waves-Guide
The latest blog article by John. Interesting read.
https://blog.xtrabytes.global/general-crypto/how-xtrabytes-will-save-cryptocurrency-and-the-world/
https://blog.xtrabytes.global/general-crypto/how-xtrabytes-will-save-cryptocurrency-and-the-world/
In light of the fundamental changes that will take effect with an upcoming coin merger, we are no longer accepting new node registrations. However, keeping the registered nodes will simplify the swap process for the coins that are locked in those nodes. Additionally, any current information regarding XBY, XFUEL and our network economics are no longer valid and will be replaced. As the conditions are still being worked out and susceptible to change, we cannot share any of these details with the public yet.
A happy new year to everyone, it's been an eventful year to say the least.
It's a time to say goodbye and a time to say hello. We thank you for being with us and look forward to 2021.
We're proud of what we create and it shows on this new XCITE Desktop webpage.
https://xtrabytes.global/xcite
A short overview of what our application has to offer with beautiful graphics and a link to our manual.
Be sure to have a look and share it with your friends!
GoldenToday at 9:01 AM
Hello @everyone, it's been a week since we had to announce to unexpected passing of our founder CCrevolution. We have not been sitting idly by since. His passing had several consequences for this project that we have been handling as they come along. To inform you all about what we have been doing we have prepared a blog to give everyone some insight into this process. Please take your time to read through it and understand that many details have not yet been finalized at this point. When they are we will share them with you as we go forward.
https://blog.xtrabytes.global/?p=12348&preview=1&_ppp=0532d5209b
XTRABYTES Charts A New Path Forward
We recently had the unfortunate duty to inform you about the passing of one of our founders. As you might expect, his passing impacted this project in more ways
Hello @everyone, it's been a week since we had to announce to unexpected passing of our founder CCrevolution. We have not been sitting idly by since. His passing had several consequences for this project that we have been handling as they come along. To inform you all about what we have been doing we have prepared a blog to give everyone some insight into this process. Please take your time to read through it and understand that many details have not yet been finalized at this point. When they are we will share them with you as we go forward.
https://blog.xtrabytes.global/?p=12348&preview=1&_ppp=0532d5209b
XTRABYTES Charts A New Path Forward
We recently had the unfortunate duty to inform you about the passing of one of our founders. As you might expect, his passing impacted this project in more ways
Hi @everyone. Before we turn the next page of our project, it's time to look back on what we've achieved this year. These are important days for our company and a lot of great things are ahead of us. We thank you for sticking with us, you won't regret it.
https://blog.xtrabytes.global/general-crypto/a-productive-year-comes-to-an-end
-Thank you @JohnP for the great blog post.
A Productive Year Comes To An End
While many people are happy to see this year end, the XTRABYTES team can at least take pride at having made tremendous strides this year. That includes releasing...
https://blog.xtrabytes.global/general-crypto/a-productive-year-comes-to-an-end
-Thank you @JohnP for the great blog post.
A Productive Year Comes To An End
While many people are happy to see this year end, the XTRABYTES team can at least take pride at having made tremendous strides this year. That includes releasing...
Such sad news for his family and friends and just before Christmas too.
RIP Dave.
RIP Dave.
Thanks DJ The news is very sad.
GoldenToday at 2:00 PM
Fellow team member this is certainly not the announcement anyone was waiting on but it is one we need to make nontheless. Please take time to read it and know that the management team is ready to answer the questions that they can at this point. https://docs.google.com/document/d/157_MfQ92ZqfjodkolIJ1lSFdSTPq5fL2SFUjyRvc7-E/edit?usp=drivesdk
A blogpost will go out to the community in a short while informing them as well.
Google Docs
Announcement Dave
"Dear Team Members and Community Members,
It is our unfortunate duty to bring you some sad news. A couple of weeks ago, our founder, team member, and friend Dave Bergsma (known to many of you as CCRevolution) was admitted to a hospital to undergo surgery for a long-standing medical issue. During surgery, cancer cells were discovered for which he subsequently received treatment. Unfortunately, Dave lost his battle to this rapidly-evolving cancer and passed away on December 18 2020 at 9:45 EEST.
Dave was not only the founder of our project, he was a valued team member and a good friend to many as well. As Dave was the driving force behind our project, the team now has a duty to come together to help fulfill his vision. While Dave's contributions to this project helped it achieve extraordinary results, his passing will not stand in the way of the project’s success.
Although nobody expected this outcome, Dave had the foresight to share all necessary information about the project with key members of the team. While this unfortunate event will force us to make some very important decisions about the project, we want you to know that the team is determined more than ever to succeed.
Many of you undoubtedly have a lot of questions on how we are going to move forward after this. We ask that you give us some time to make some much needed arrangements. More announcements will follow as soon as we are able to inform you about the decisions being taken. Moreover, we will allow everyone to participate in the decisions we need input for.
Finally, the XTRABYTES team wishes to express their deepest condolences to Dave's family, friends and close ones."
Fellow team member this is certainly not the announcement anyone was waiting on but it is one we need to make nontheless. Please take time to read it and know that the management team is ready to answer the questions that they can at this point. https://docs.google.com/document/d/157_MfQ92ZqfjodkolIJ1lSFdSTPq5fL2SFUjyRvc7-E/edit?usp=drivesdk
A blogpost will go out to the community in a short while informing them as well.
Google Docs
Announcement Dave
"Dear Team Members and Community Members,
It is our unfortunate duty to bring you some sad news. A couple of weeks ago, our founder, team member, and friend Dave Bergsma (known to many of you as CCRevolution) was admitted to a hospital to undergo surgery for a long-standing medical issue. During surgery, cancer cells were discovered for which he subsequently received treatment. Unfortunately, Dave lost his battle to this rapidly-evolving cancer and passed away on December 18 2020 at 9:45 EEST.
Dave was not only the founder of our project, he was a valued team member and a good friend to many as well. As Dave was the driving force behind our project, the team now has a duty to come together to help fulfill his vision. While Dave's contributions to this project helped it achieve extraordinary results, his passing will not stand in the way of the project’s success.
Although nobody expected this outcome, Dave had the foresight to share all necessary information about the project with key members of the team. While this unfortunate event will force us to make some very important decisions about the project, we want you to know that the team is determined more than ever to succeed.
Many of you undoubtedly have a lot of questions on how we are going to move forward after this. We ask that you give us some time to make some much needed arrangements. More announcements will follow as soon as we are able to inform you about the decisions being taken. Moreover, we will allow everyone to participate in the decisions we need input for.
Finally, the XTRABYTES team wishes to express their deepest condolences to Dave's family, friends and close ones."
David O Today at 2:11 PM
A couple of weeks ago one of our community members raised some really good questions regarding security and this resulted in some equally good responses from @Golden. They were so good we decided to turn them into a blog. We added to this a couple of lines on reversible transactions too. Please feel free to share this one across social media - let people know we're coming.
https://blog.xtrabytes.global/general-crypto/xtrabytes-offers-innovative-security-solutions/
XTRABYTES Offers Innovative Security Solutions
XTRABYTES unique network configuration has the added benefit of safeguarding against various network attacks.
A couple of weeks ago one of our community members raised some really good questions regarding security and this resulted in some equally good responses from @Golden. They were so good we decided to turn them into a blog. We added to this a couple of lines on reversible transactions too. Please feel free to share this one across social media - let people know we're coming.
https://blog.xtrabytes.global/general-crypto/xtrabytes-offers-innovative-security-solutions/
XTRABYTES Offers Innovative Security Solutions
XTRABYTES unique network configuration has the added benefit of safeguarding against various network attacks.
David OToday at 2:01 PM
@everyone
The Cryptopia hack and subsequent appointment of liquidators Grant Thornton (GT) has been a huge lesson for many - both in the Community and the Team.
Many have felt the effect - which has lasted since the hack first happened almost 2 years ago in January 2019. We still don't know when this will be fully resolved. But at least it has now commenced with registration. Please feel free to let us know how this has affected you by completing the informal survey: https://discord.com/channels/388279933102718976/388336954422460416/787359137724891187 As said - this is just an informal survey, that may help us gauge how this stage is being received and experienced. The results of this may help us support you all further in the future.
We'd also like to hear from you all with regards to your overall experiences so far with the hack and GT? So please feel free to discuss this further in this channel and share any tweets or other social media activity.
One thing this does all drive home is that we should NEVER leave coins for storage on an exchange, no matter how big that exchange or how unlikely we feel a security breach is - it CAN and DOES happen and if it's not your actual coins that are stolen, it may result in a situation like this and losing access for years. Please Please make sure you transfer your XBY or XFUEL to suitable wallets.
We always have our tech support team available in case anyone has questions around setting up their wallet, transferring coins or creating backups.
https://xtrabytes.global/wallets
https://xtrabytes.global/xcite-mobile
XTRABYTES - Download our highly secure wallets
If you prefer to keep your digital assets safe, you'll need a secure wallet..Download our XBY and XFUEL wallets here.
XTRABYTES - XCITE™ Mobile App
@everyone
The Cryptopia hack and subsequent appointment of liquidators Grant Thornton (GT) has been a huge lesson for many - both in the Community and the Team.
Many have felt the effect - which has lasted since the hack first happened almost 2 years ago in January 2019. We still don't know when this will be fully resolved. But at least it has now commenced with registration. Please feel free to let us know how this has affected you by completing the informal survey: https://discord.com/channels/388279933102718976/388336954422460416/787359137724891187 As said - this is just an informal survey, that may help us gauge how this stage is being received and experienced. The results of this may help us support you all further in the future.
We'd also like to hear from you all with regards to your overall experiences so far with the hack and GT? So please feel free to discuss this further in this channel and share any tweets or other social media activity.
One thing this does all drive home is that we should NEVER leave coins for storage on an exchange, no matter how big that exchange or how unlikely we feel a security breach is - it CAN and DOES happen and if it's not your actual coins that are stolen, it may result in a situation like this and losing access for years. Please Please make sure you transfer your XBY or XFUEL to suitable wallets.
We always have our tech support team available in case anyone has questions around setting up their wallet, transferring coins or creating backups.
https://xtrabytes.global/wallets
https://xtrabytes.global/xcite-mobile
XTRABYTES - Download our highly secure wallets
If you prefer to keep your digital assets safe, you'll need a secure wallet..Download our XBY and XFUEL wallets here.
XTRABYTES - XCITE™ Mobile App
Hi everyone
The vibes of Christmas are upon us.
Cookies in the oven, baked with love.
Christmas lights in our trees, strung with care.
Colourful presents, wrapped for our dear ones.
The Xtrabytes Christmas Tree Hunt, created just for you.
The trees have appeared throughout several locations, we wish you good luck in finding them.
Use the link in the blogpost to participate, and we might just put another present under your tree on the 24th.
https://blog.xtrabytes.global/general-crypto/celebrate-with-an-xtrabytes-christmas-tree-hunt/
The vibes of Christmas are upon us.
Cookies in the oven, baked with love.
Christmas lights in our trees, strung with care.
Colourful presents, wrapped for our dear ones.
The Xtrabytes Christmas Tree Hunt, created just for you.
The trees have appeared throughout several locations, we wish you good luck in finding them.
Use the link in the blogpost to participate, and we might just put another present under your tree on the 24th.
https://blog.xtrabytes.global/general-crypto/celebrate-with-an-xtrabytes-christmas-tree-hunt/
DonovanYesterday at 3:40 PM
We know a lot of you are waiting to put those servers to work. This is a small update on the current development status of the Lite network and statics registration.
We have 2 major tasks ongoing, the first is our developers working on the backend of the network. They are setting up the communication between XCITE clients and the Lite network, the registration check or static control and certificate implementation.
Once ready, the first wave of node owners will receive instructions and the necessary software to register their node. As we’re still working on the automation of some of the setup, these first few will need to manually perform certain tasks and provide proof of ownership. We will of course have our tech team available to help everyone out if needed.
This brings us to our second major task, automation. We’re continuing our work on a user friendly interface and background automation to register your node. This will help people who don’t have experience working with Linux or simply don’t have the time to follow the manual process.
A couple of our team members have already registered their nodes into our test network, it’s exciting to see the network activity flow through your terminal.
As you know, we think it’s important to thoroughly test our tech and build on stable releases. As of now, we can’t put a date of project completion on the network as unforeseen issues can always pop up. Our dev team is positive and working hard to complete their tasks so we can launch our network and get this show on the road!
We know a lot of you are waiting to put those servers to work. This is a small update on the current development status of the Lite network and statics registration.
We have 2 major tasks ongoing, the first is our developers working on the backend of the network. They are setting up the communication between XCITE clients and the Lite network, the registration check or static control and certificate implementation.
Once ready, the first wave of node owners will receive instructions and the necessary software to register their node. As we’re still working on the automation of some of the setup, these first few will need to manually perform certain tasks and provide proof of ownership. We will of course have our tech team available to help everyone out if needed.
This brings us to our second major task, automation. We’re continuing our work on a user friendly interface and background automation to register your node. This will help people who don’t have experience working with Linux or simply don’t have the time to follow the manual process.
A couple of our team members have already registered their nodes into our test network, it’s exciting to see the network activity flow through your terminal.
As you know, we think it’s important to thoroughly test our tech and build on stable releases. As of now, we can’t put a date of project completion on the network as unforeseen issues can always pop up. Our dev team is positive and working hard to complete their tasks so we can launch our network and get this show on the road!