XtraBYtes
XtraBYtes - The Proof of Signature Blockchain Database
XtraBYtes is a newly invented algorithm that does not require any traditional type of mining support, such as: POW or POS. We have created something called Proof of Signature which ensure that 100% of all blocks will be signed by the system when they occur. The blocks are signed by the network of Master Nodes after verifying the transactions in the block. There are a total of 650 million XBY and there will never be more.
The XtraBYtes system is a shared database storage system that will never break like some systems because we do not rely on miners who could turn their rigs to other coins, leaving the network unable to verify and therefore breaking the blockchain, rendering it useless and thus all clients losing access to their stored files. This can never happen to XtraBYtes.
XtraBYtes - The Proof of Signature Blockchain Database
XtraBYtes is a newly invented algorithm that does not require any traditional type of mining support, such as: POW or POS. We have created something called Proof of Signature which ensure that 100% of all blocks will be signed by the system when they occur. The blocks are signed by the network of Master Nodes after verifying the transactions in the block. There are a total of 650 million XBY and there will never be more.
The XtraBYtes system is a shared database storage system that will never break like some systems because we do not rely on miners who could turn their rigs to other coins, leaving the network unable to verify and therefore breaking the blockchain, rendering it useless and thus all clients losing access to their stored files. This can never happen to XtraBYtes.
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