Xtrabytes

On our way to quantum proof

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About Xtrabytes

The XTRABYTES project provides third party developers with a service platform for developing DApps by utilizing our underlying technology. The technology is code agnostic, meaning that our API allows DApps to be coded in nearly any programming language. Our technology can also integrate a variety of existing technologies (hardware, block- chains, etc.), thus elevating their functionality and security in the process.

Our platform consists of 5 major components (all of which work synergistically). In addition to Private Chains, we also have PoSign (our algorithm), ESPDS (our network), ICAN (our identifier protocol) and XFusion (our hard- and software hook).

About Xtrabytes

The XTRABYTES project provides third party developers with a service platform for developing DApps by utilizing our underlying technology. The technology is code agnostic, meaning that our API allows DApps to be coded in nearly any programming language. Our technology can also integrate a variety of existing technologies (hardware, block- chains, etc.), thus elevating their functionality and security in the process.

Our platform consists of 5 major components (all of which work synergistically). In addition to Private Chains, we also have PoSign (our algorithm), ESPDS (our network), ICAN (our identifier protocol) and XFusion (our hard- and software hook).

On our way to quantum proof

Quantum resistance refers to a property of a cryptographic system that makes it secure against attacks by quantum computers. Unlike classical computers, which can only perform one calculation at a time, quantum computers use the principles of quantum mechanics to perform many calculations simultaneously, making certain cryptographic algorithms vulnerable. Quantum resistance aims to ensure that cryptographic systems can withstand these quantum attacks and protect sensitive information from being compromised.

ESPDS

The basis for our technology is the ESPDS network. ESPDS brings with it a new dimension to traditional networks. Our network consensus is configured to optimize the network’s communication, security and speed by incorporating layered structures, trusted connections, and a dynamic gateway. In addition, the network’s functional layers allow for infinite scalability (the more entities that join our network the faster it becomes).

Our ICAN technology enables us to create dynamic gateway groups, entities that enable us to overcome everyday networking issues (such as bottlenecks). By creating pre-built network tunnels that factor in trust and stability, we’re able to remove the need for random connections to untrusted entities that slow down sessions and make them unreliable.

Redundancy caused by multiple trusted connections to entity neighbours and for the average user, this technology allows for an entirely new way of thinking about networks. As their network possibilities will be endless, their mobile phone will have the capacity to execute a ton of computing power. Likewise, their inter-company connections become faster and hugely redundant. With XTRABYTES, technologies will also be able to overcome long-standing security and scalability concerns.

Posign

We built our PoSign technology on top of this network. Since PoSign makes use of ESPDS, it’s able to operate as a decentralized data integrity protection service running on our static node network. Although Posign is unique in many ways, it’s most notable for its capacity to support the layered structure created by the ESPDS network. PoSign technology wouldn’t be achievable without such a network.

Using layers enables us to create a fully customizable consensus per XDAPP functional group level, improve overall security, and facilitate faster transactions through trusted connections. Not incidentally, our gateway groups can be expanded without limit, making our transactions per second unlimited as well.

PoSign is part of our effort to separate data validation, data storage, and data integrity validation. By using PoSign, we eliminate the need to store data on the blockchain while still guaranteeing both its existence and its integrity. Posign is what makes the use of personal private chains possible.

ICAN

Our ICAN protocol facilitates this layered network, as it identifies entities within a network. Given that we’ve been using IP addresses for many years, you might think of ICAN as a next generation Internet/Network Protocol address. Since entities within our ESPDS network exist on multiple layers, one IP address simply won’t suffice.

That’s where ICAN comes in. It retains information about where your entity is located within the network, data about its trusted connections (encryption keys for example) to its neighbours, routing information etc. By incorporating ICAN into the ESPDS network, we’re better able to facilitate what we call gateway groups, entities that help eliminate the type of bottlenecks typically found in traditional networks.

Private Chains

Private chains allow each user to create their own chain, one that contains only the data and transactions relevant to the user’s addresses. Consequently, users will no longer need to sync huge amounts of unnecessary data. This capabil- ity not only facilitates scalability and throughput speed, it provides users with a new layer of privacy as well. Users will be able to share transaction data solely with each other rather than the entire network.

Since private chains can hold an unlimited number of different assets, they eliminate the need for a separate block- chain for each asset. Instead, users can transfer data between different private chains subject to user-defined condi- tions, not unlike what is currently referred to as “smart contracts”. Hence, the validation of data transfers between private chains is the sole responsibility of the user accepting the transferred data. Within this private chains network, PoSign technology will be employed for data integrity and block template validation.

XFusion

We’ve also created a technology to help users share and utilize hardware and software on an API level across the network. Named XFusion, this technology would allow a user to open an IOS app on their Android device by using our XCITE client. In other words, the user’s device would no longer be bound by hardware or software. Instead, it could make use of any technology on the market. As a result, companies would no longer have to create and maintain a software version for every OS.

Finance

Trust is the fundamental element in every payment transaction. However, XTRABYTES provides a ‘trustless trust’ for all involved parties, meaning that no trust is required for any transaction to occur. In effect, this allows investors to conduct online financial transactions without disclosing their personal identity.

In addition, XTRABYTES enables transaction recipients to accept or reject payments. Likewise, users will be able to recall a transaction request, particularly in the case of an error (wrong address, wrong amount, etc.). Thus, cryptocurrency tokens may have multiple different states, such as available for spending (confirmed), waiting for validation (reserved) and waiting for confirmation (pending).

Goverment

XTRABYTES technology promises a uniquely decentralized approach to elections, one that enables voters to retain and validate their voting record on a mobile device. That’s because it provides election officials with the ability to review all transaction requests and validations. It also records voter data on the data chain that supports these transactions. This enables election officials (transaction’s recipients) to either accept or reject a voting request.

Furthermore, XTRABYTES employs tiered network levels to ensure maximum (and quantum-resistant) security. As an added protection, the XTRABYTES network offers the necessary transparency for identifying who is acting in good faith and who isn’t. As a result, voting fraud and tampering will not be possible.

Gaming

Online gaming is one of the fastest-growing industries in our world today. Experts expect the gaming industry to bring in $196 Billion worth of revenue by 2022. And with the right blockchain technology, the industry could achieve a trillion-dollar in sales.

The XTRABYTES PoSign algorithm is designed to optimize the number of gaming transactions included in any one time interval. Consequently, the number of data transactions that can be entered is limited only by how quickly network users can add and validate them. In addition, the XTRABYTES platform can help transform the online gaming world by monetizing in-game rewards, currencies, resources, tasks, and other items.

Healthcare

Blockchain advocates have been urging the healthcare industry to place electronic records on the blockchain for years. Unfortunately, patient data is highly private and thus not amenable to being on a public ledger. With XTRABYTES, patient data need not remain on the blockchain. It can be stored in any data structure (whether private or public, centralized or decentralized). Moreover, healthcare providers and patients will be able to provide conditional access to their data.

In addition, patients will be able to (possibly) recall a transaction request, particularly in the case of an error (wrong doctor, wrong medication, etc.). And the transaction’s recipient (healthcare provider) will be able to either accept or reject this transaction request. Likewise, healthcare providers and patients will be able to review all transaction requests and validations (both rejections and approvals). Finally, patient data can be selectively added on the same data chain that supports these transactions. Ultimately, this improves network transparency and helps us identify the trust level of various network entities.

In the end, expect these features to dramatically improve healthcare opportunities for digital ledger adoption.

Supply Chains

Since the blockchain is known for promoting transparency and traceability, supply chains that use the technology can achieve higher levels of efficiency and connectivity. Consider, for instance, the food industry. At present, several multinational companies employ blockchain to track foodstuffs sourced from other countries. When freshness is at a premium, end-product retailers can ascertain where to cut delays.

Because blockchain-recorded data is immutable, the technology promises to bring product tracking to a new level. Consequently, XTRABYTES™ can end the production of counterfeit products if legit companies employ its technology to store and validate high-quality products. Likewise, governing bodies can employ blockchain technology to track and take action against fake products as well (i.e. the Bureau of Customs).

On our way to quantum proof

Quantum resistance refers to a property of a cryptographic system that makes it secure against attacks by quantum computers. Unlike classical computers, which can only perform one calculation at a time, quantum computers use the principles of quantum mechanics to perform many calculations simultaneously, making certain cryptographic algorithms vulnerable. Quantum resistance aims to ensure that cryptographic systems can withstand these quantum attacks and protect sensitive information from being compromised.

ESPDS

The basis for our technology is the ESPDS network. ESPDS brings with it a new dimension to traditional networks. Our network consensus is configured to optimize the network’s communication, security and speed by incorporating layered structures, trusted connections, and a dynamic gateway. In addition, the network’s functional layers allow for infinite scalability (the more entities that join our network the faster it becomes).

Our ICAN technology enables us to create dynamic gateway groups, entities that enable us to overcome everyday networking issues (such as bottlenecks). By creating pre-built network tunnels that factor in trust and stability, we’re able to remove the need for random connections to untrusted entities that slow down sessions and make them unreliable.

Redundancy caused by multiple trusted connections to entity neighbours and for the average user, this technology allows for an entirely new way of thinking about networks. As their network possibilities will be endless, their mobile phone will have the capacity to execute a ton of computing power. Likewise, their inter-company connections become faster and hugely redundant. With XTRABYTES, technologies will also be able to overcome long-standing security and scalability concerns.

PoSign

We built our PoSign technology on top of this network. Since PoSign makes use of ESPDS, it’s able to operate as a decentralized data integrity protection service running on our static node network. Although Posign is unique in many ways, it’s most notable for its capacity to support the layered structure created by the ESPDS network. PoSign technology wouldn’t be achievable without such a network.

Using layers enables us to create a fully customizable consensus per XDAPP functional group level, improve overall security, and facilitate faster transactions through trusted connections. Not incidentally, our gateway groups can be expanded without limit, making our transactions per second unlimited as well.

PoSign is part of our effort to separate data validation, data storage, and data integrity validation. By using PoSign, we eliminate the need to store data on the blockchain while still guaranteeing both its existence and its integrity. Posign is what makes the use of personal private chains possible.

ICAN

Our ICAN protocol facilitates this layered network, as it identifies entities within a network. Given that we’ve been using IP addresses for many years, you might think of ICAN as a next generation Internet/Network Protocol address. Since entities within our ESPDS network exist on multiple layers, one IP address simply won’t suffice.

That’s where ICAN comes in. It retains information about where your entity is located within the network, data about its trusted connections (encryption keys for example) to its neighbours, routing information etc. By incorporating ICAN into the ESPDS network, we’re better able to facilitate what we call gateway groups, entities that help eliminate the type of bottlenecks typically found in traditional networks.

Private Chains

Private chains allow each user to create their own chain, one that contains only the data and transactions relevant to the user’s addresses. Consequently, users will no longer need to sync huge amounts of unnecessary data. This capabil- ity not only facilitates scalability and throughput speed, it provides users with a new layer of privacy as well. Users will be able to share transaction data solely with each other rather than the entire network.

Since private chains can hold an unlimited number of different assets, they eliminate the need for a separate block- chain for each asset. Instead, users can transfer data between different private chains subject to user-defined condi- tions, not unlike what is currently referred to as “smart contracts”. Hence, the validation of data transfers between private chains is the sole responsibility of the user accepting the transferred data. Within this private chains network, PoSign technology will be employed for data integrity and block template validation.

XFusion

We’ve also created a technology to help users share and utilize hardware and software on an API level across the network. Named XFusion, this technology would allow a user to open an IOS app on their Android device by using our XCITE client. In other words, the user’s device would no longer be bound by hardware or software. Instead, it could make use of any technology on the market. As a result, companies would no longer have to create and maintain a software version for every OS.

Finance

Trust is the fundamental element in every payment transaction. However, XTRABYTES provides a ‘trustless trust’ for all involved parties, meaning that no trust is required for any transaction to occur. In effect, this allows investors to conduct online financial transactions without disclosing their personal identity.

In addition, XTRABYTES enables transaction recipients to accept or reject payments. Likewise, users will be able to recall a transaction request, particularly in the case of an error (wrong address, wrong amount, etc.). Thus, cryptocurrency tokens may have multiple different states, such as available for spending (confirmed), waiting for validation (reserved) and waiting for confirmation (pending).

Goverment

XTRABYTES technology promises a uniquely decentralized approach to elections, one that enables voters to retain and validate their voting record on a mobile device. That’s because it provides election officials with the ability to review all transaction requests and validations. It also records voter data on the data chain that supports these transactions. This enables election officials (transaction’s recipients) to either accept or reject a voting request.

Furthermore, XTRABYTES employs tiered network levels to ensure maximum (and quantum-resistant) security. As an added protection, the XTRABYTES network offers the necessary transparency for identifying who is acting in good faith and who isn’t. As a result, voting fraud and tampering will not be possible.

Gaming

Online gaming is one of the fastest-growing industries in our world today. Experts expect the gaming industry to bring in $196 Billion worth of revenue by 2022. And with the right blockchain technology, the industry could achieve a trillion-dollar in sales.

The XTRABYTES PoSign algorithm is designed to optimize the number of gaming transactions included in any one time interval. Consequently, the number of data transactions that can be entered is limited only by how quickly network users can add and validate them. In addition, the XTRABYTES platform can help transform the online gaming world by monetizing in-game rewards, currencies, resources, tasks, and other items.

Healthcare

Blockchain advocates have been urging the healthcare industry to place electronic records on the blockchain for years. Unfortunately, patient data is highly private and thus not amenable to being on a public ledger. With XTRABYTES, patient data need not remain on the blockchain. It can be stored in any data structure (whether private or public, centralized or decentralized). Moreover, healthcare providers and patients will be able to provide conditional access to their data.

In addition, patients will be able to (possibly) recall a transaction request, particularly in the case of an error (wrong doctor, wrong medication, etc.). And the transaction’s recipient (healthcare provider) will be able to either accept or reject this transaction request. Likewise, healthcare providers and patients will be able to review all transaction requests and validations (both rejections and approvals). Finally, patient data can be selectively added on the same data chain that supports these transactions. Ultimately, this improves network transparency and helps us identify the trust level of various network entities.

In the end, expect these features to dramatically improve healthcare opportunities for digital ledger adoption.

Supply Chains

Since the blockchain is known for promoting transparency and traceability, supply chains that use the technology can achieve higher levels of efficiency and connectivity. Consider, for instance, the food industry. At present, several multinational companies employ blockchain to track foodstuffs sourced from other countries. When freshness is at a premium, end-product retailers can ascertain where to cut delays.

Because blockchain-recorded data is immutable, the technology promises to bring product tracking to a new level. Consequently, XTRABYTES™ can end the production of counterfeit products if legit companies employ its technology to store and validate high-quality products. Likewise, governing bodies can employ blockchain technology to track and take action against fake products as well (i.e. the Bureau of Customs).

About the upcoming swap

Xtrabytes is swapping to our new quantum-resistant Proof of Signature (PoSign) blockchain protocol. As determined by the community proposals, a 1:1 ratio of both the old XBY and XFUEL coins will be swapped into a single new XBY coin. This means, for every old XBY and XFUEL coin you currently hold, you will receive 1 new XBY coin on the new quantum-resistant blockchain protocol. Also determined by our community proposals, the remaining coins that are not swapped within the 3 month swap period will be burned. Keep track of our Discord and Telegram, as each current XBY and XFUEL holder must swap their coins manually. We will be releasing an application for your OS that will allow you to swap your coins. NO exchange will be participating in the swap, so make sure to take your coins off Finexbox and get them on our current QT wallets before the swap ends!

Ready your wallets

XTRABYTES wallet

Follow the link below to go to our github page and download the correct version of the xtrabytes qt wallet

XFUEL wallet

Follow the link below to go to our github page and download the correct version of the xtrabytes qt wallet

Let’s get in touch

Exchange Listing Donations

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Development Donations

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