The XTRABYTES™️ platform seeks to rectify these limitations and aims to create a truly decentralized cryptocurrency and applications platform. XTRABYTES™️ aspires to offer a next-generation blockchain solution capable of providing a diverse set of capabilities. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily XTRABYTES price chart. To see more analysis and outlook, please check the XTRABYTES price prediction page. Compared to other crypto coins which started the same year as XTRABYTES it has below-average trading volume, average volume for the other 469 coins started in 2017 is $4M while XBY has $198. The average value of the coin might be $0.045, with a maximum value of $0.05.

XYO price predictions suggest that there is going to be a price rise so investing in XYO may be a good decision for you. Yes, XYO is a good investment as per our XYO price prediction! Based on the fundamental analysis of projects as well as the technical details of the company, XYO has unique blockchain applications compared to other projects.

The global negativity can also be a reason for the plummet of the current trading session. XTRABYTES is the #1439 largest cryptocurrency by market cap as of May 04, 2023, with a market cap of $1,103,373 USD. XTRABYTES is a modular blockchain platform designed to provide significant increases in security, scalability and decentralization opportunities over current blockchain technologies.

About XBY

Using an exchange is often the most convenient, but you might have to go through an extensive know-your-customer process before accessing the platform. XYO coin provides shared incentives in every stage of accurate material collection. It can be regarded as the ‘gas’ needed to interface with the real world to verify XY coordinates.

These digital assets are secured on a distributed ledger called the “blockchain.” The first cryptocurrency was Bitcoin which was introduced in a whitepaper by pseudonymous creator Satoshi Nakamoto. The digital asset has since served as the benchmark crypto asset. XYO can enable users to launch into a protocol of connected devices which provides accurate location information with the help of a chain of the cryptographic protocol. Users can initiate transactions called ‘Queries.’ Queries are used for recouping location data from any blockchain with smart contract functionality.

The token sale was on 20 March 2018 with 100,000,000,000 tokens. If you decide to get involved in XtraBYtes investing, you will also need to understand the XtraBYtes project’s white paper, team background, tokenomics, and the overall market environment. Apr 10, 2017 was the day when the XTRABYTES blockchain network had its very first block, approximately 6 years ago. Trading FX/CFDs on margin carries a high level of risk, and may not be suitable for all investors. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. I have read Investing.com’s comments guidelines and agree to the terms described.

No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. XTRABYTES™️ describes itself as a blockchain platform that allows DApps to be programmed in any language. Standard blockchain environments contain many centralization vulnerabilities, such as self-contained development, consensus methods, and coin monopolization.

XTRABYTES Analysis & Opinion

The storage in archivists is free, and archivists are incentivized only when the stored raw information has been used to answer a query. Archivists are interconnected, so if one archivist cannot answer a particular query, it will ask the other. Each component along the data path adds proof of origin to protect the confidentiality of the information. The accuracy score is called the origin chain score, and it is determined by a set of zero-knowledge proofs called proof of origin chain.

Despite this new asset class’s high risk and volatility, investors are betting on coins for the long term. The price of XYO is dependent on the underlying utility of the XYO coin name system, ecosystem, and market sentiments. Let’s read more about the XYO price prediction about XYO’s future for the next five years. It depends on your personal risk tolerance and investment goals. XtraBYtes is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. You can trade XYO from major crypto exchanges such as HitBTC, KuCoin, and Gate.IO for investment.

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XTRABYTES today’s live price is $0.0025 USD with a 24-hour trading volume of $0 USD. The current ranking is #1439, with a live market cap of $1,103,119 USD, and a circulating supply of 430,000,000 XBY coins. XTRABYTES is a form of digital cryptocurrency, also referred to as XBY Coin. Use this page to follow the XTRABYTES price live, cryptocurrency news, XTRABYTES market cap and updates. Create alerts, follow opinion and analysis and view real time market data. CoinCarp does not currently have price data for XtraBYtes as it has yet to be listed on any cryptocurrency exchanges .

As of May 04, The market capitalization of XTRABYTES is $1.1 Million, it’s ranked as #6323 this is when calculating mcap with circulating supply if with total supply market cap will be $ 1.7 Million. It seeks to address the security and energy efficiency issues inherent in current blockchain technology. How to Buy CryptocurrencyYou can buy cryptocurrency in several ways. The most popular is to buy cryptocurrency on a regulated cryptocurrency exchange like Coinbase. Another method is to buy cryptocurrencies like Bitcoin via a cryptocurrency automated teller machine .

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When the information provided by the sentinel meets the criteria of the network and is accepted as an answer; then, sentinels will be rewarded using XYO tokens. Based on our XYO crypto price prediction, there is a possibility that XYO can break through the $0.035 barrier and hold the market by the end of 2029. The lowest XYO price will be around $0.0298 while the maximum price level might at $0.036, and the most likely XYO price will be steady at $0.033.

• To see more analysis and outlook, please check the XTRABYTES price prediction page.
• Once XtraBYtes is live on an exchange, CoinCarp will provide real-time XtraBYtes coin prices from different exchanges.
• Standard blockchain environments contain many centralization vulnerabilities, such as self-contained development, consensus methods, and coin monopolization.
• The more people who are willing to use a digital asset, the more likely it will increase in value and prominence.
• The fear of financial instability or macro-economic threat did not stop the cryptocurrency market from coming to the fore.

This interaction is called the bound witness, and it is the proof of sentinel location, so sentinels are also called location witnesses. Sentinels observe the data heuristic and confirm its accuracy by producing ledgers. Sentinels are working with the help of proof of origin to a relay chain of cryptographic proof.

XYO Price Prediction 2030

Users need to hold sufficient XYO tokens to put a query in the network. There are currently 430,000,000 XTRABYTES coins circulating out of a max supply of 650,000,000. XTRABYTES’s current circulating supply is 430.00M XBY out of max supply of 650.00M XBY. Trading in financial instruments and/or xby coin chart. cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

Based on the XYO price forecast, it is predicted to have a minimum future price of $0.042 by 2030. Looking at the past year performance of the XYO Price chart, a downward journey of the XYO coin has began from November 2021 onwards. Starting from December 2021, the price of XYO showed a bearish signal, and the XYO’s price has dropped to half of its highest price, and the breakdown is unable to find support at any level.

A portion of the gas fee will be paid to all components involved in the collection and giving proper answers. Geo mining app allows users to mine XYO cryptocurrency on mobile devices easily. The community of XYO cryptocurrency was established in 2017. The developers aim to educate the world about the advantages of an incentive-driven geospatial location network. In the last 24 hours, XTRABYTES was most traded on Finexbox. The most traded XTRABYTES pairs in the last 24 hours are XBY/BTC.

If you are planning to trade crypto, please consult a financial adviser. Crypto mining is the process of securing and validating transactions on a blockchain https://cryptolisting.org/ network. The Proof-of-Work is the first recognised mining protocol and requires validators to compete in solving complex mathematical equations.

These cryptocurrencies are digital assets for the long term. Cryptocurrency works with the help of the blockchain, miners or validators and the users. Once one user sends a cryptocurrency to another, cryptocurrency miners validate and then add the transaction to the blockchain. Each transaction is cryptographically encoded and validator nodes compete to solve this cryptographic puzzle.

However, if major cryptocurrencies manage to sustain the bull rally, XYO might touch the $1 mark by the end of 2030. Bridges act as an interconnection between sentinels and archivists. It takes the information from the sentinels and provides that to the archivist. Bridge nodes can be operated from Bridge devices or smartphones. Bridges transfer the same details without any alteration only by adding Proof of Origin. When the information is transferred, a bridge is used to answer the query, then they will get incentivized using the native token of XYO.