CGB Core Team Weekly Update - June 4, 2014Please also see the Reddit post for further discussion.It seems that the altcoin world is really grinding through a tough patch as Bitcoin recovers from the recent hostile positions taken against it by government and big business alike. For CGB, it is a bit of a unique situation. Very few coins have had to deal with the turbulence of moving beyond the mining phase, which seems to attract all of the attention. We now have to forge ahead and create value in ways other than mining focused speculation. Up until this point, CGB has been tracing along its original vision, and will continue to justify the demand for an asset made to act like gold or silver as well as a cryptocurrency could. This is a great premise for a currency, but the details are still not widely known as to how this is so and why it matters. As we continue toward our educational objectives, we are also undertaking a major course change for the CGB community which aims to create real world value for not only CGB, but all deserving cryptocurrencies.
Before we continue with the details, one matter needs to be discussed. Our lead developer, Tash (Artiface), has recently been overwhelmed with a personal family emergency and has asked us to help scale back his responsibilities for the time being. This puts the release date of the next client into an uncertain position. We are dealing with this in stride and firmly accept that part of our overall strategy will be to attract a more diverse and robust selection of talent on the CGB Core Team. Efforts to this end have already been undertaken, but it will be a process we hope to accelerate through the execution of the strategy outlined in this update. It is clear that we need to realign CGB to the realities we face, in order to drive the investment of capital, skill, and time by those interested in advancing cryptocurrency adoption, in addition to CGB's potential itself.
With the momentum built up, and a trail of success to look back on, we are better able to look forward to what this new course for CGB should be. We have established that the Cryptogenic Bullion community is happy to support more open and welcoming projects which encourage cooperation and effort spent towards common goals, not specifically to the benefit of CGB, but to all. This has allowed us to think really big and generate concrete ideas which may likely gain the attention of the entire cryptosphere. CGB is becoming a nexus for taking cryptocurrencies out into the streets, into the businesses, amongst neighbors, hidden away in offline wallets occupying vaults and safes, or hidden in the smallest imaginable space, perhaps with a microfilm qr code. As we execute and explore real world strategies for cryptocurrency deployment, problems and inefficiencies will be remedied through active development of the suite of tools available for use by the CryptoTown Neighborhoods as part of the
CryptoTown On The Ground project.
Our intent is to position CGB as a leader in the facilitation of cryptocurrency adoption at businesses with physical establishments. This means that CGB will have to be more than just a currency, it will have to come wrapped in a suite of tools and services which allow it to adapt to any use case. With this relationship under constant development, CGB will become part of the foundation used to build each CryptoTown, as could any cryptocoin project that wishes to participate to such an extent. This vision can only be achieved through a meaningful commitment by talented individuals throughout the cryptosphere and, as we have discussed, through an expansion of the CGB Core Team. There is a very large amount of work to be done and we believe it could optimally be handled by an additional 3 developers. We hope to create a collaborative environment which is even more inclusive than our current structure and a new organizational chart will be developed to this effect to better express the ways in which talented individuals may help out.
While we don't expect these positions to be filled immediately, we are appealing to the entire cryptosphere in the hopes of attracting candidates looking to help lead the charge with us. In addition to a CGB-CryptoTown tool developer, we wish to dedicate efforts to GUI and usability amongst our tool suite (with focus on the wallet software). Also, our community has put forth many excellent ideas which have been captured and assessed, but we have lacked the resources required to begin implementation. This includes changes to CGB's core protocol and client software capabilities. We would gladly welcome skilled candidates who are able to work on this or the other areas of development.
CGB has been around for a long time as far as cryptocurrencies go. Not only was it created with the professional image in mind, but the management of the project has been quite coherent throughout its deployment. We plan to build on, and leverage this reputation to advance CGB into the "real world" through the CryptoTown On The Ground project, while attracting the talent required to make this vision a reality for CGB. We may expect an amount of volatility in the price action as a new trend channel is formed, but looking at the bigger picture we are building real value and will continue to do so regardless of the day-to-day issues and fluctuations. As always, we will remain open and flexible to any concerns or ideas presented by the community.
All comments are especially welcome,
The CGB Core Team
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