XTRABYTES (XBY) Review, Price, Market Cap and more | Coinopsy

XTRABYTES (XBY) logo

XTRABYTES (XBY) - Modular Blockchain

XTRABYTES is a split up block chain platform designed to provide improvements in security, trasaction volume and opportunities over current block chain technologies...
XTRABYTES's current price is $0.006 USD. In the past 24 hours, XTRABYTES's price has increased by +0.0 percents..
Name (Ticker)
XTRABYTES (XBY)
Price (USD)
$0.00641688477305
Rank
375
Active Supply
430.0 million
Total Supply
650.0 million
Max Supply
650.0 million
Market cap
2.8 million
Fun Name
Modular Blockchain
Website Links
Social Links

XTRABYTES (XBY) Chart

Pros of XTRABYTES (XBY)

  • Limited

Cons of XTRABYTES (XBY)

  • No direct backing (asset, profits, commodity)
  • Shady team
  • Limited exchanges

XTRABYTES (XBY) Review

XTRABYTES (XBY) is a modular blockchain platform designed to provide significant improvements 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 can create and shape the future of blockchain technology through ZOLT based Z-APPs and Services.

  • XCITE INTERFACE
  • X-CHAT
  • X-CHANGE
  • X-VAULT
  • PROTOCOL

XCITE provides intuitive access to the platform’s modules via our intuitive GUI. With an all-in-one approach, XCITE users can quickly switch between modules created for business, trading, communication and everything in between.

X-CHAT is an encrypted P2P communication module used to securely send personal messages or funds. In short, it’s a simple, stable and useful private chat platform. User messages are extremely secure, distributed across the platform’s STATIC network in shards before arriving in the recipient’s chat box. These messages can be received no matter what operating system or device is being used. Finally, being a decentralized messenger, X-CHAT only stores user messages locally (i.e., only on one’s personal device or computer).

X-CHANGE is a decentralized cryptocurrency exchange made with traders in mind. Built directly into the wallet, X-CHANGE enables users to use a trusted, decentralized and secure P2P exchange that is both fast and secure. In order to provide a proof-of-concept, the first tradable pairing within X-CHANGE will be XBY/XFUEL. XFUEL is a coin created for the purposes of providing proof-of-concept and advancing internal development.

Functioning as a storage DApp, X-VAULT provides its users with secure data storage via shards across the network. Thus, user data is encrypted and divided among the network of STATIC nodes to ensure optimal privacy and security.

XTRABYTES uses its own proprietary network, named VITALS (Virtual Information Transmissions Aligning STATICS). VITALS comprises a private virtual network directly interconnecting the online STATIC nodes; this network is extended over public networks, effectively providing VPN-like functionality to the network of STATIC nodes. VITALS therefore support the communication needs of the XTRABYTES blockchain by providing interference-free direct paths between nodes to ensure security and speed when processing transactions. The VITALS network is comprised of fixed virtual nodes that corresponds to and is controlled by one or more STATIC nodes.

XTRABYTES has been around for quite a while, but it wasn’t always the project it is today. It has had its own share of controversy over the past. Putting aside that there are dozens of other projects in the “all in one platform” space and the massive competition among them, the Xtrabytes team has had quite a lot of disagreements and fights among core community members and developers, which even lead to some of them abandoning the project. There was a lot of fake hype generated by designated social media accounts which lead some community members to believe that the team was causing FOMO on purpose. Not only that, but if you dig deeper you’d find that one of their current developers has a history of jumping from coin to coin, abandoning his pas projects.

XTRABYTES (XBY) Conclusion

Xtrabytes recently had a rebrand in order to make the project seem more reputable and added a plethora of features which turn it from a mere cryptocurrency to a platform. Not much can be said or known about the intentions of the core team members and developers and the project still maintains an aura of shadiness after all of the controversy in the past. Definitely approach with caution.

Add
Add
Add
Add
edit icon