Xtrabytes (XBY) - making Raiblocks look outdated. Proof of Signature Technology (PoSign)

in #cryptocurrency7 years ago (edited)

What is Xtrabytes?

"XTRABYTES (XBY) is a modular blockchain platform designed to provide significant increases in security, scalability and decentralization opportunities over current blockchain technologies. Utilizing a newly created algorithm, (Zolt) and consensus method, Proof of Signature (PoSign), XTRABYTES offers a platform on which decentralized application (DApp) developers and services can create and shape the future of blockchain technology. XTRABYTES is not an ICO, it's a community driven project." https://www.xtrabytes.global/


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Before we get started


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What makes Xtrabytes so good?

  • PoSign gives XBY unlimited scalability
  • Decentralized, No premine, No ICO, No inflation
  • Community coin, no majority holders
  • Secure network, signatures always complete


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What makes Xtrabytes better than good?

  • DApps built directly onto the blockchain
  • X-Vault: decentralized data storage
  • X-Change: decentralized crypto exchange
  • X-Deal: smart contracts
  • X-Pay: payment services
  • Wallets: Windows, Mac, Linux

Xtrabytes Roadmap


Coin Comparison


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Risk/Concerns

Xtrabytes has just started testnet from the 31/12/17 if successful we could see a potentially good ROI, if the testnet failures we could see a drop in price or delays in development which may be slower than expected due to the community driven devs and budget restraints. It is not yet listed on popular exchanges.

  • Community coin > slow development
  • Dev's budget restraints
  • No Binance or Bittrex listing yet

Recommendations

  • Long term hold 3-18 Months
  • Weight 1-3% of portfoilo

I did recommended RaiBlocks when it was at $4.00, it is now up 500% Raiblocks Steemit Artilce


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Thanks very good post !!!!

Awesome Work!

Keep it up!!!

@cryptoinvestinfo

your CryptoInvestmentExpert

Too many projects to follow and is hard to follow the trends.

Yes very true, I can easily find 2-3 good projects a day. I only recommend 1 per week.

jap huge problem too much in the markt this days ! keep it up!