My Concerns About XtraBytes: Is XtraBytes a Scam? Or Legit

bartlet (33)in #cryptocurrency • 7 years ago

I've gathered, compiled, and listed some of the top concerns about the XtraBytes project. I will be researching the answers to these concerns this week and will create a "positives about XBY post."

There is no code, watch CCRevolution and Borzalom come back after months and say ok we wrote all the paperwork up now Borzalom has time to get coding all of it. Another delay.
No one has seen code, if people had seen code an nda does not mean they cannot publically state "i have seen the code" Further more xby would not have any contracts concerning nda.
xfuel usage is not transparent, and yet again in the latest update they did not address it transparently. Delaying transparency for a future stand alone update. Team members have made personal purchases and then used "company" xfuel to cover costs.
XBY was meant to have a wallet similar to xcite last year, CCRevolution refused to use dev funds to pay for it. So the devs now are working for free or working for xfuel? Xfuel can only be sold p2p and you can see that no one is buying. Just wait for this new group of devs to get fed up like your pump and dump marketing team (yankeeruinx & enki) at not getting paid for their work.
Another website update, now under the guise of "consistent brand image."
No holders have still not received a single payment.
The system is centralized, it runs off one node owned by Borzalom.
XBY was mineable using x14 algorithm, CCRevolution was mining taking fees you supposedly thought were going to dev fund.
Dev fund not addressed.
Team not willing to list on any exchange that requires kyc.
Tried to make it look like they were partnering up with bounty0x, got called out on Reddit by bounty0x dev they weren't.
Unwilling to answer any questions asked. Here's a test, prepare some questions and join the discord. Ask them and much people belittle and berate until a mod steps in bans and sways to an off topic comment that the drones latch onto.
Borz said xby had a backdoor in the recent audio release, this is not decentralization.
All the signs of a cult, just read through "xbleviers" comments that are filled with language to make any "xdoubter" look like they are missing out.
The team has been talking about a patent for ages now, but we still don't even have proof they've been inside a lawyer's office. Just a simple photo would be better than nothing.