Important XTRABYTES Announcement 17th Jan

Discussion in 'News / Announcements' started by XTRABYTES, Jan 17, 2018.

  1. XTRABYTES

    XTRABYTES Well-Known Member

    Messages:
    244
    Likes Received:
    259
    Trophy Points:
    63
    XTRABYTES Announcement
    January 17th, 2018



    Cryptopia Wallet

    We are happy to report that Cryptopia has updated our wallet and the deposits/withdrawals are also open again. This was not an easy undertaking but it was necessary to ensure that all balances were correct before we could proceed. Everything is 100% accurate and this latest wallet update is now behind us on Cryptopia! We are pushing for other exchanges to update their wallets in due time.


    Business Registration

    It is with great pleasure that I share our certificate of incorporation. XTRABYTES Ltd. has been incorporated as a Seychelles International Business Company (IBC). We felt this was the most secure option for your XTRABYTES and the future technology that we will be implementing.

    Adding to the registration process, we are pleased to also announce that there are 1 million shares of the company available in the future. At a later time we will determine the process in which members will be able to procure these shares, with STATIC owners being first in line. However, this is not something to pay a lot of attention to at this stage as we have much more important things to worry about! We simply wanted to make this announcement as a surprise and to reaffirm our stance as a community-focused company.

    Below you will find the PDF of our official registration, signed and notarized on January 11, 2018.

    XTRABYTES Company Registration

    If you would like more information regarding our company registration, you can visit the Sterling Offshore website and request a Seychelles Company Database Search. Although it is a paid service, they can provide you with a certified declaration of our company’s good standing along with other additional information.

    Sterling Offshore Company Database Search


    Testnet Extended

    Enough about the registration, let’s get to the tech! As I am sure many of you can appreciate, the curve balls that have been thrown at us recently regarding exchanges and wallets has made it extremely difficult to put the majority of our focus on the testnet. Rest assured we are closing these unplanned programming tasks and will resume pushing the testnet to the limit. Many of you have been actively sending and receiving test XBY on the testnet, which has resulted in some fantastic community bug reports. We are investigating these tickets and implementing new solutions almost every day. Once we are ready with a more stable testing platform we will make an announcement with further instructions on how to coordinate a network strike across all of our testnet participants.


    Thank you all for your ongoing patience!

    The XTRABYTES Team
     
    Morrowind, NikeNem, Sledhead and 5 others like this.
  2. Matija

    Matija New Member

    Messages:
    1
    Likes Received:
    0
    Trophy Points:
    1
    That is simply amazing. Can't wait to hear more good news!
     
  3. Ste3001

    Ste3001 Member

    Messages:
    49
    Likes Received:
    19
    Trophy Points:
    8
    Congratulations Xtrabytes!!! Amazing news!!
     
  4. Treasure

    Treasure New Member

    Messages:
    3
    Likes Received:
    0
    Trophy Points:
    1
    This is fantastic news! Congrats!
     
  5. Sledhead

    Sledhead Member

    Messages:
    27
    Likes Received:
    4
    Trophy Points:
    3
    Thanks for your efforts and work. The entire team has done an incredible job! Thanks .. 2018 will be an amazing year with theses efforts continuing!
     
  6. NikeNem

    NikeNem Member

    Messages:
    40
    Likes Received:
    8
    Trophy Points:
    8
    Very great news. Thanks to all XBY team for the efforts.
     
  7. pumpkin

    pumpkin New Member

    Messages:
    11
    Likes Received:
    5
    Trophy Points:
    3
    Great news!!
    Thanks XBY team!!
     
  8. cyb0rg

    cyb0rg Member

    Messages:
    20
    Likes Received:
    1
    Trophy Points:
    3
    This action indicates that the development team is based on long-term relationships and the transparency of the coin, it is not so simple to register a company in the Seychelles, it requires large investments, legal assistance, and long time costs.
    Support for the existence of the company also requires costs.
    For Developers i can wish for strategic development, transparent operation of the new company, simple audits.
    It is very interesting to be a participant of such a unique development and to help at the initial stage of development. ;P
    All at us it will turn out!
     
  9. chartaaa

    chartaaa New Member

    Messages:
    7
    Likes Received:
    2
    Trophy Points:
    3
    nice surprise! thank you very much!
     
  10. Jubbajubbjubb

    Jubbajubbjubb New Member

    Messages:
    5
    Likes Received:
    0
    Trophy Points:
    1
    Citation Needed

    It says right here it's really easy

    I'm not trying to FUD, I'm trying to analyze and scrutinize this move.

    While I'm happy with the news and hope for xtrabytes to succeed, can you explain this?

    My own research has brought me to the conclusion is that and IBC registered in the Seychelles provides great privacy and anonymity to the devs. I think this is a good thing cryptocurrency devs, seeing considering the potential consequences of their work.
     

Share This Page