XtraBytes has the Potential to Revolutionize Crypto
XtraBytes just released some very exciting news this morning on YouTube.
If you haven't heard of Xtrabytes, I would suggest checking out the bitcointalk forum.
This technology has the potential to revolutionize the world of cryptocurrency. I don't pretend to understand everything perfectly, I'm not a tech guy, but I do understand the implications here.
A New Way to Verify Every Block on the Chain
Xtrabytes uses an algorithm called Proof of Signature. An explanation of the system can be found in this article written on Medium
It is not a bitcoin or ethereum clone. The developers are working to implement an entirely new system. If this is successful, and I believe that it will be, this will change everything. In crypto, technology is king. New and innovative tech, unique, and the first of it's kind is sure to draw in larger investors. It has now breached the top 100 on Coinmarketcap
It's definitely worth a look. The story of how XBY came about is one of the most interesting stories I have heard since getting involved in cryptocurrency. A 25 year programmer and a marketer both were scammed by a coin called Bitmox, met through some posts on a forum, and decided to use the scam chain to give birth to the XBY chain. There was no ICO. All of the coins are in circulation. There is no inflation. There was no pre-mine. Price on the exchanges it was offered on started at 1 Satoshi. 1 Satoshi!
I am very excited about what the future holds for this coin.
Thank you for taking the time to read this!
XBY is going to the moon. got in at 350 sats, sold at 900 sats. now going to buy more at 700-800 sats. 2000 sats soon
Absolutely agree with you here. The potential is enormous.
soon XBY will be on Poloniex and bittrex. i say 30-45 days tops from now. xby is going to hit 1000 sats today. watch.
looks good
Sounds very promising. Thanks for sharing!
You are welcome!
Their website is one of the shittiest I've seen in a while.
https://www.reddit.com/r/XtraBYtes/
This is the better looking place to get your intel. The downloadable wallet is very quick, requires almost no HDD-space. Unlike reddcoin, witch takes GB's, so I sold that one.
I don't disagree with you that the website needs to be redone. The content has been written already, and from what I understand the new website will be implemented in one week. I think it blew up much quicker than was originally anticipated.
Too bad it's on shitty exchanges too only now.