Please see below from Aptum lead developer. "@everyone I've got terrible news. After talking to experts in sociology, we've come to the conclusion that aptum will not reach it's goals any time soon. If it's not possible for paypal to replace visa and cash, and if it's not possible for us, to be a more sustainable alternative by leveraging decentralisation, there is no reason to continue this project. I hope you understand those reasons for postponing the project. All resources will stay online and the AIPs will be improved to allow anyone to reference them in the future without researching their backgrounds for years. All investors are going to be refunded as well. I hope you'll have more luck with your next project. If you have no idea where to go now, I'd like to direct you to @Kayaba | MR's Meros, as it looks more promising than ever - mostly because of its incredibly persistent and powerful developer." Sorry to all, this was an ambitious project and at the present time it does not appear to be possible. Locking this thread
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So will CBX be valuable? Will the team focus on developing AP tokens or CBX tokens? But why is it so complicated in getting the token? Why don't we simply take it to cut costs?
Our focus is on Aptum. Not sure I understand your other questions.
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Very interesting conceot by this project. How are you planning to raise funds for the project, will you do an IEO, ICO or do you already have funding?
We will be conducting an ICO
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State of Aptum Update: September 23rd, 2019 Hello to the Aptum community! Couple quick tidbits of information to share presently. 1. We are working out a few kinks in the website and once completed we will be able to conduct the swap form Bullion and Mono to Aptum tokens. 2. We are currently researching artificial intelligence and neural algorithms to further explore consensus mechanisms before finalizing the code. A quick readme.md can be perused on GitHub should anyone want to read and interact https://github.com/ClashLuke/CharNet. 3. CharNet is being added to the investor aimed white paper being constructed. If you have questions, please feel free to ask. If you want to get involved with the project, please reach out as well. We can be reached at any of the following: Website: http://aptum.io/Twitter: https://twitter.com/aptumprojectDiscord: https://discord.gg/DEYNzDATelegram: https://t.me/aptumprojectBitcointalk: https://bitcointalk.org/index.php?topic=5149835.0
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New poll added, please vote!
After five days, the results of the vote are in. After summing up the votes of the telegram channel and bitcointalk, we have eleven votes for nine decimals, two votes for 6 decimals and one vote for no decimals. That's 78.5% for nine decimals, which means that this option won the poll with a strong lead. I like this outcome, 1 cent per coin at ICO was my vote as well
Follow Aptum development and improvement proposals here: https://github.com/aptumproject/papers/tree/AIPs
State of Aptum Update: August 20th, 2019 Hello to the Aptum community! We have been working diligently behind the scenes preparing and putting pieces into place for our official launch and ICO. We are now at a point where things are coming together, and we have news to share on a consistent and tangible basis. This is the first of our official monthly updates (look for them mid-month) that will be presented to include a summary of the happenings occurring. 1. Aptum.io website has been launched! This iteration is a work in progress and presently is desktop only. Primary objective now is getting the Aptum Token (APT) faucet up and running – anticipating August 30th release. Once this is done, additional evolution of the website will continue to include mobile compatibility. Obsiter is responsible for this portion of the project. 2. We are now moving to C#, since Microsoft has implemented .NET Core which allows the execution of .NET Code (C#) on any operating system and architecture. This includes ARM-based devices, such as IoT devices or phones, two things we previously were not able to support. Lucas is rebuilding code from C into C# while also migrating old framework to our new framework. 3. White Paper aimed at investors is being written. The approach here is to take the complex and technical aspects of the Aptum project and break them down into easy to understand concepts and language where the less technical can easily comprehend them. As the segments are completed, they will be released individually for public consumption as the next piece is authored for release. Once the complete body is finalized, it will be compiled and published. The segment on Sharding is underway and will be the first piece released. Chris (Elambert) is handling this task. Exciting times rolling out now, we are looking forward too much more interaction with the current community as well as building. If you have questions, please feel free to ask. If you want to get involved with the project, please reach out as well. We can be reached at any of the following: Website: http://aptum.io/Twitter: https://twitter.com/aptumprojectDiscord: https://discord.gg/DEYNzDATelegram: https://t.me/aptumprojectBitcointalk: https://bitcointalk.org/index.php?topic=5149835.0
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Will the roadmap continue? Developer will remain the same? I invested $ 17k in CBX (for someone it's a small amount, but not for me) and I would like clarity what to expect next. The Bullion project development is on hold. It will continue to run as is and Coinbook has stated that they will continue to support it on their platform. A developer can join onto the project and pickup where the roadmap left off should they choose. For every Bullion (CBX) that you own, you will get an equivalent amount of BXX at the upcoming fork. BXX can then be swapped for the new Aptum token. You will keep your CBX so if/when the project continues, you still have your investment but additionally you are opted in to the new Aptum project. This was a tough decision and one I made keeping in mind what would be best for the Bullion investors. I hope you come along and support the new project, I think you all will be extremely pleased. Thank you for your support!
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Very exciting, project is moving along nicely
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I voted. But whatever majority vote for, is a good indication what people want.
Could you explain a little bit more what these mean? Or be specific as to what the large, medium, and small mean in terms of actual numbers and digits. Like, is it 1B, 1M, and 10M or 100M ...
Currently the base reward per block is being debated. It may be 1'000'000 coins (large), 1'000 coins (medium) or 1 coin (small) as a block reward. With a target for the block time of about 15 seconds, we will have the following three emissions as possibilities: When using the large supply, 2.19 trillion coins would be emitted every year. When using the medium supply, 2.19 billion coins would be emitted every year. When using the small supply, 2.19 million coins would be emitted every year. Since the number of atomic units will stay the same, the question only is how many decimals to use. None for a large supply, 3 for a medium supply and 6 for a low supply. Who needs emission anyway, am I rite? Are there any thoughts in here on having no emission of new coins but still have a transaction fee? This way you cant say that new coins are created unfairly and that the rich get richer while the poor get poorer. With 1000 DPoS nodes, a 2ct transaction fee and a maximum utilization of the resources the network has, a node would still make 76M USD/Year. What we are talking about here is a zero inflation (emission) coin. All coins (outside of the pre-selected percentage that are swapped to MONO and Bullion holders) would be distributed via faucet (for free) for a pre-determined amount of time (3-6 months). Then as Lucas mentioned, the network would run via DPoS processors whose earnings for their network contributions (transaction processing) would come from ultra-low transaction fees paid by coin senders.
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Interested, do you have a telegram channel, discord or a twitter i can follow as well? If you need graphics i might be able to help.
I just noticed your offer about graphics, thank you very much, that would be amazing if you could help. I'll ask our web developer to send you a private message, if that's okay with you. He did, i answered in few days because i didn't pay attention to pm. But i haven't heard a reply yet . I'll wait though. Thank you so much for the offer! However we have added an Art Director to the team so we are all set at the moment. We will certainly reach out to you should we need additional assistance.
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I am closing the poll question: Which economic design do you like best for an actual currency?
Result winner is: Medium | Compromise between Large and Small (uses 3 decimals) ---- 55% of the vote
Second place: Small | Like Bitcoin (uses 6 decimals) ---- 44% of the vote
Last place with zero votes: Large | Millions as the casual unit (avoids decimals) ---- 0% of votes
I will mention that killiz had an interesting alternative solution of using 2 decimal places as most of the world is comfortable with this level of decimal usage (as in fiat). We will keep this option in mind, I personally favor it.
Thank you all for participating.
New poll has been added:
Feel free to vote only, however if you want to supply your reasoning with a comment, this is greatly encouraged and appreciated.
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White paper link added to OP
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Could you make a currency with a large supply but with only 2 decimal places? For example, 00000000000.00
I really like that idea Killiz. Everyone is used to using 2 decimal places.
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Was looking for website but then I saw roadmap that your website will be launched this Aug. And by the way, are you gonna disclose also your partners with this project?
Yes, our partners will be disclosed.
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Approved
Thanks - excited to work with you!
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I am extremely pleased today to announce a new collaboration. This involves the merger of Bullion and Mono to create an innovative new project, Aptum (details below). Lucas Nestler will be taking on the lead developer role for this project. I am thrilled to be working with him and collaborating on this new project and I am sure the Bullion community will feel the same. He is an extremely bright individual with talent, drive, knowledge and vision and will help to lead Bullion into the next generation. Please head over to the Aptum [ANN] for further details. https://bitcointalk.org/index.php?topic=5149835.0
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