The XTRABYTES development team is in the process of introducing a new concept called Proof-of-Signature (PoSign) for achieving blockchain consensus. It uses a new algorithm named Zolt. An unparalleled new concept PoSign ensures that all blocks are rapidly generated and signature-verified.
XBY entered Indian market on 5 December 2017 and was at an initial price of INR 2.16 but then its price slipped down to INR 13.04 on 31 December 2017.
XBY was at an initial price of INR 20.26 on 1 January 2018 and then its price leaped down to INR 15.83 on 31 January 2018.
XBY was at an initial price of INR 14.33 on 1 February 2018 and then it was seen trading at INR 11.83 on 27 February 2018.
The XTRABYTES development team is in the process of introducing a new concept called Proof-of-Signature (PoSign) for achieving blockchain consensus. And is using a new algorithm named Zolt. An unparalleled new concept PoSign ensures that all blocks are rapidly generated and signature-verified.
XTRABYTES node network, which is designed as a system of real and virtual network nodes, produces signature-verified transactions by rapidly communicating with each other.
The prices fluctuate based on local demand and supply.