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Title: Cryptsy's coin descriptions are outdated... Post by: Lorenzo on November 23, 2014, 04:45:39 AM Just noticed this the other day. Here is their description for Litecoin:
http://s10.postimg.org/3xbfotnh5/ltc.png And for NXT: http://s23.postimg.org/br01n007v/nxt.png Title: Re: Cryptsy's coin descriptions are outdated... Post by: BitJohn on November 23, 2014, 10:11:46 AM Coin descriptions require lots of man hours to keep up to date. I will gladly update any coin description if a development team submits a new one to me.
Title: Re: Cryptsy's coin descriptions are outdated... Post by: elambert on November 23, 2014, 11:13:13 AM Great, here is updated profile for CGB - I will PM you as well BitJohn.
Cryptogenic Bullion Description Released in late June 2013, Cryptogenic Bullion was designed primarily for the purpose of storing wealth. Cryptogenic Bullion is a second-generation crypto-currency that emulates the properties and supply of gold. Its the first crypto-currency to display all of the properties of money, while providing the bearer with interest for holding it. It is a descendant of Bitcoin, but employs an advanced security model, which is more efficient and more secure than Bitcoin. The problems of todays debt based fiat currencies find solutions in cutting-edge decentralized cryptographic currencies like Cryptogenic Bullion. While Cryptogenic Bullion shares many traits with Bitcoin such as fast global payments, decentralization, pseudo-anonymity, and non-reversible transactions, there are many improvements, which allow CGB to more reliably store wealth. A critical requirement for storing wealth is a low inflation rate. Cryptogenic Bullion is a very rare exception in that it has completed its volatile inflationary stage and settled into its maximum yearly inflation rate of 2%. It also allows prudent savers of Cryptogenic Bullion to earn up to 1.5% annual interest on funds left unspent in their wallets for at least 30 days. Cryptogenic Bullion Specifications Proof of Work/Proof of Stake Hybrid Algorithm: Scrypt Linear difficulty retarget (every 2 blocks) 6 Confirmations 60 Second block time 1.5% Annual interest earned via PoS PoW subsidy halving after every 50k blocks until perpetual reward of 0.01 Target ~1,000,000 CGB 0.5% PoW & 1.5% PoS inflation Launched June 2013 Title: Re: Cryptsy's coin descriptions are outdated... Post by: BitJohn on November 23, 2014, 11:20:43 AM Great, here is updated profile for CGB - I will PM you as well BitJohn. Cryptogenic Bullion Description Released in late June 2013, Cryptogenic Bullion was designed primarily for the purpose of storing wealth. Cryptogenic Bullion is a second-generation crypto-currency that emulates the properties and supply of gold. Its the first crypto-currency to display all of the properties of money, while providing the bearer with interest for holding it. It is a descendant of Bitcoin, but employs an advanced security model, which is more efficient and more secure than Bitcoin. The problems of todays debt based fiat currencies find solutions in cutting-edge decentralized cryptographic currencies like Cryptogenic Bullion. While Cryptogenic Bullion shares many traits with Bitcoin such as fast global payments, decentralization, pseudo-anonymity, and non-reversible transactions, there are many improvements, which allow CGB to more reliably store wealth. A critical requirement for storing wealth is a low inflation rate. Cryptogenic Bullion is a very rare exception in that it has completed its volatile inflationary stage and settled into its maximum yearly inflation rate of 2%. It also allows prudent savers of Cryptogenic Bullion to earn up to 1.5% annual interest on funds left unspent in their wallets for at least 30 days. Cryptogenic Bullion Specifications Proof of Work/Proof of Stake Hybrid Algorithm: Scrypt Linear difficulty retarget (every 2 blocks) 6 Confirmations 60 Second block time 1.5% Annual interest earned via PoS PoW subsidy halving after every 50k blocks until perpetual reward of 0.01 Target ~1,000,000 CGB 0.5% PoW & 1.5% PoS inflation Launched June 2013 Updated can take about 60 minutes to propagate. |
