XTRABYTES (XBY) is a modular blockchain platform designed to provide significant increases in security, scalability and decentralization opportunities over the 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, but a community driven project.
XTRABYTES introduces a revolutionary new consensus algorithm (Zolt), based on the concept of Proof-of-Signature. Zolt ensures a system wide block signature rate of 100%, which confers an unparalleled level of security. Additional benefits include substantially decreased energy consumption since Zolt does not require a network of miners.
STATIC (Services Transactions and Trusted-in-Control) nodes form the backbone of the XTRABYTES network and play a crucial role in the consensus, security, and governance of the platform. STATIC node owners receive transaction and service fees for the DApp modules they opt-in to host. Security and PoSign consensus are insured by the state-of-the-art encryption hash technology, requiring every block to be signed by the STATIC nodes.
The XTRABYTES platform will be optimized for DApps to be built right into the blockchain. Our developers are working to create DICOM as a proof-of-concept and to help serve as the backbone for the future developers to build upon.
Utilizing shared storage technology, the XTRABYTES storage module will enable users to store data securely on the STATIC node network. The data is encrypted and divided into shards across the network of STATIC nodes, just as the blockchain ledger is shared between all wallets. The storage network is the foundation layer for the entire platform of Decentralized Applications.
X-CHANGE will be the XTRABYTES decentralized cryptocurrency exchange. Built directly into the wallet, X-CHANGE will enable users to use a trusted, decentralized and secure P2P exchange. 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 the development.
Modules—extensions built onto the XBY core—provide the use case for XTRABYTES in the form of DApps, whether they be decentralized storage, smart contracts, instant messaging and all conceivable applications in between. The XTRABYTES core and DICOM API will provide programmers with an easy-to-grasp platform for development.
Distributed Command Message (DICOM) is the Core API through which modules interact with the XTRABYTES core. The DICOM interface connects external modules to the core and provides a set of functions and procedures that allow the creation of applications which access the features and data of the XTRABYTES core and infrastructure. With the XTRABYTES DICOM, a module can be coded using many different popular programming languages e.g. Visual Basic, Java, C++ and many more. This makes the XTRABYTES modules code-agnostic and opens up the creation of DApps to third-party developers.
Security is one of the founding philosophies of the XTRABYTES platform. Our developers have worked diligently to code an environment easily adaptable to fit the ever-evolving security needs of the future. STATIC nodes, the foundational layer of XTRABYTES, rely on multiple layers of encrypted and signed sources to guarantee the integrity of the network. Currently, the SHA-512 security protocol is implemented on the XTRABYTES network and is considered the standard for quantum resistance, but as technology advances, even the SHA-512 might become obsolete. Therefore, XTRABYTES is specifically designed to allow easy changes to its security protocols to ensure its technology is always modern.
The XTRABYTES platform lends itself perfectly to a scalable world. With high transaction speeds, future-proof security protocols and a code-agnostic DApps platform; XTRABYTES will be able to meet the expanding needs of the broad consumer market. This will put the XTRABYTES platform in an optimal position for mass-market adoption.
Designed with the future in mind, the XTRABYTES platform is code agnostic and compatible across consumer platforms. As the mobile market is ever increasing the XTRABYTES developers recognize the need and utility for complete integration of DApps within the Android and iOS ecosystem. The XTRABYTES DApps will cover all areas from utilities, productivity, entertainment and more. Further future development with enterprise in mind, the XTRABYTES ecosystem will form corporate collaborations and partnerships to meet the demands of an ever expanding marketplace.
current value per xby
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available level 1 static nodes