XTRABYTES

XTRABYTES Review

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of XTRABYTES consists of three chapters: origin, technology and pros & cons.

Origin

XTRABYTES is an alternate and innovative cryptocurrency. The coin is a block-chain or module platform aiming to provide security and ensures reliability to its users. It is unique as the developers can personalize and deploy the applications. It is slowly paving its path to being the world’s top cryptocurrency. During 2017, XTRABYTES was the cryptocurrency that increased most in value. It increased its value with almost 4,000 times (3879.98 in ROI), which is absolutely mind blowing.

Zoltan Szabo (Borzalam) created and founded XTRABYTES. He is also the lead developer of the company. It works on the principle of proof of signature (PoSign) algorithm.

Technology

XTRABYTES works on the basis of modules making it the best virtual currency to invest in. Modules are actually the independent applications; self-contained and separate from other applications. These modules continuously separate, and you can update, upload and delete them without affecting the work quality of the other module. It is simply known as the “plug and play”. You can easily plug in to the networks and the modules start working in accordance with the XTRABYTES technology.

XTRABYTES also brings to use the Proof of Signature algorithm. While others feed on Proof of Work, Proof of Stake and Proof of Importance consensus algorithms, they fail to guarantee that the selected node is not malevolent. PoSign works with STATIC (Services Transactions and Trusted in Control) nodes. The nodes only work only if somebody signs upon the transaction. Once signed, you can attach the concerned block to the chain. In this way, you block any malicious node intervention automatically. The STATIC nodes control the VITAL nodes. The VITAL nodes are virtual nodes and are fixed in number. You do block creation done by sending a PULSE between the two nodes.

The creation of a new transaction brings to life the STATIC nodes which verify it. Next, the VITAL nodes confirms and ensures the signature and thus a new block generates.

Pros

• Flexibility and easy to use: these two qualities are the core of XTRABYTES. The users can launch their projects quickly.
• Host for an “Ecosystem”: the XTRABYTES technology makes it the host of the entire group of applications thus making a mark in the digital currency world.
• Security: the unique algorithm of PoSign ensures reliability and security over the whole network. The network permanently blacklists faulty nodes.
• Plug and play function: this feature enables a kind of automation, the nodes are connected and the pulse sent to generate a new block in no time.
• Synchronicity maintenance: you push the messages instantly across the nodes. You relay the messages to offline nodes they then become active. Such a synchronous system ensures that no message goes spam.
• Time stamped: the messages are also saved with the time they are received; the system is carefully supervised for forgery or altercation.
• Best crypto coins to invest in: the ease of design and the customized option for application deployment makes it one of the best crypto coins to invest in.

Cons

Investing in virtual currency has become a trend and so the team of XTRABYTES has promised to develop several other modules. Proof of Concept is one of the upcoming ones with several others down the lane, all making a mark in the digital currency world.