It looks like my Vault 3 Alpha 4 is on a fork, although my vault reports 13 peers at the moment.
looks like my vault (v3 alpha4) is also on a fork
We have identified the issue that led to this fork. It turns out there is a slight difference in timestamp validations between v2 and v3 (mainly due to their different codebases), which in the end makes v2 reject a few rare instances of v3 blocks. Vault v2's refusal to incorporate a single of those v3 blocks, at the same time that all Vaults v3 consider it good, ended up creating a fork. We are currently working to fix this issue in v3 alpha ASAP. In the meantime, we recommend not using Vault v3 as it could end up in a fork, and you will have wasted all your staking time while in that fork. Just to be clear, the fork does not affect Vault v2, and there is currently no problem in running it. Okay, new version 3.0 alpha test with fix is testing now. Will update the community on progress as we go. Excellent quick work by alex4j and malafaya, thanks guys! |
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another thing I am wondering about is the 5 BPNs for the development. Would you consider burning the 2000CBX of 1 or 2 or 3 of them when Price per CBX reaches certain levels. I'd vote to always keep at least 2 BPNs for the development personally at this time
The 5 dev team operated BPNs will not be sold. The interest earnings from these however will be sold and that will fuel ongoing development and advertising. Great stuff on the previous post. I have skimmed over but have it flagged for a closer read thru, thank you! |
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Similar my vault (v3.0) can't sync since yesterday
We have identified an issue with Vault 3 Alpha (test). The issue has been corrected but a new build will have to be compiled and released. Vault 2.4.4 (stable/non-test) is not affected by the issue. may i know what the issue is? is it a big issue . i hope not as i really like this coin ever since i join up at 60k stas Issue has already been resolved. This is why we do the alpha test. |
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Similar my vault (v3.0) can't sync since yesterday
We have identified an issue with Vault 3 Alpha (test). The issue has been corrected but a new build will have to be compiled and released. Vault 2.4.4 (stable/non-test) is not affected by the issue. |
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Couple quick yet important announcements regarding a few community members really stepping up and working to grow and motivate our overall community. Resultant to this: Bullion telegram channel has been growing in size and participation recently; https://t.me/joinchat/FkBLVEimXQscVn1cetdd4gAs has our community reddit; (BTW Congrats to Nicjobi and Quinnzo! You have both been sent invitations to become moderators) https://www.reddit.com/r/CryptoBullionX/Also, Quinnzo is running our twitter account now! Thank you for that and excellent work so far! https://twitter.com/CryptoBullionXPlease come out, join us, subscribe and participate! Finally long time supporter and investor, killiz, has been working on organizing some promotional giveaways and contests so keep an eye out for him so you can participate! Thank you all, it is extremely exciting to see the community rally around the project! |
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Hello, I've already download CBX windows wallet about 6 days ago and I waiting for synchronizing for 2mil blocks remaining, how long take time till done with that?
you can try to use the snap shot will be much faster than sync from start, i used it with much success, and very happy with it Definitely download and add the bootstrap http://node.alex4j.cryptobullion.io/bootstrap.zip |
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April 3, 2018 Update from Coinbook.com team: We just finished the meeting with lawyers and accountants for the week. The audit is complete, we are just waiting to give the State of Utah the physical copy and we are official there. The lawyers are going to work on getting us set up with the SEC as a broker-dealer. The application to become an ATS (Alternative Trading System) takes a few months so we still have some waiting to do. The new site has been launched with a way to buy hardware wallets and we'll be working on more content soon, but that's where we are so far. Nice work on Bullion though! We've been following the progress closely and really like how things are progressing. Tell everyone we are proud of their hard work! |
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Let's celebrate; I just turned Legendary!  Great  Coinmarketcap has updated the name and logo Following the SEC announcement, will CoinBook be ready to follow the rules imposed by the sec ? Do you have a link to the SEC announcement you are referring to? it's an article in French. http://www.bitcoincours.com/2018/03/le-gendarme-boursier-americain-fait-chuter-le-cours-des-crypto-monnaies.html
It was Coinbook.com's policy to abide by all US regulations being put forward, so they could serve the US market, in perfect compliance. AFAIK they are already investing a lot of money/energy into the emerging legal aspect of cryptos in the US so I would be surprised any recent announcement would change the project in any way.
I'm sure that CoinBook does all right. But the administrative side can take time. In any case, it would be a good thing for CoinBook to be in the first place to register with the "SEC".
3/14/18 Update from Coinbook.com team:I'm listening to the Subcommittee on Capital Markets hearing today and it is clear that the regulatory landscape is changing. We met with our lawyers last week and tasked them with determining the level of additional filing and adherence the SEC announcement would cause. In my personal opinion, we will not be offering ICO's for sale, only cryptocurrencies where the SEC spoke more about ICO's. In either case we will likely err on the side of too much compliance, but we are meeting again tomorrow to discuss their findings and opinion. We are in the middle of the audit currently and they expect that we will have that complete by March 31st. In the mean time we are putting together a long awaited update to the website which will be released within the next few weeks. |
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Let's celebrate; I just turned Legendary! Great Coinmarketcap has updated the name and logo Following the SEC announcement, will CoinBook be ready to follow the rules imposed by the sec ? Do you have a link to the SEC announcement you are referring to? |
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New Vault 2.4.4 Vault released!In the past few days, the CBX network has experienced a strong and unwanted fork, which ended up being also propagated by a few nodes. For this reason, here is new version 2.4.4 of the old codebase Vault; this new version deals with this ongoing fork, with a few added checkpoints. To make sure you are on the right fork, please check your Vault's block height vs. CryptoIDs: https://chainz.cryptoid.info/cbx/#; any lasting block height difference with your live Vault could point to your Vault being on the wrong fork. Here is the download link to the 2.4.4 Vault: https://github.com/cryptogenicbonds/CryptoBullion-CBX/releases/tag/2.4.4Here is the link to the V2 bootstrap file; if you have been stuck on the fork, it may be necessary to reload it: http://node.alex4j.cryptobullion.io/bootstrap.zipNew codebase Vault 3 is better equipped to deal with these situations, so these fork issues should be very very rare occurence, of not completely non-existant, in the near future. We have updated the new codebase Vault 3 alpha 2 as well, to " alpha 3". This updated Vault has a few tweaks that bring us closer to final version, with updated PoW signature verification and staking; I recommend those who have installed alpha 2, to now install this one. This alpha 3 also has the same new checkpoints of Vault 2.4.4 that avoid the fork we have experienced a few days ago. http://node.alex4j.cryptobullion.io/v30/bullion-qt64http://node.alex4j.cryptobullion.io/v30/bullion-qt.exeV3 bootstrap ( does not work with Vault 2.4.4): http://node.alex4j.cryptobullion.io/v30/bootstrap.zip Here is a quick guide to updating your Vault to new 2.4.4 or new Alpha V3. Please note that V3 is still alpha for testing so our official recommendation remains to use V2.4.4. (LINKS ARE ABOVE) 1. Access your cryptobullion or bullion roaming folder and backup your wallet.dat (copy to desktop, usb, etc) 2. Delete all other contents of the roaming folder 3. Delete your qt executable 4. Download new version (links above) 5. Download new bootstrap (links above) 6. Extract bootstrap file and folder 7. Copy/paste bootstrap extract into roaming folder 8. Paste copy of wallet.dat into roaming folder 9. Start up Vault 10. Allow to sync 11. Check blockchain information in Vault for current number of blocks, verify this data versus CryptoID to verify you are on the correct chain ( https://chainz.cryptoid.info/cbx/) 12. If yes, unlock and begin staking; If no, ask for assistance |
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Bullion News Update: 05/03/18Bullion Participation Nodes (BPN) Progress continues on the full release of Vault 3.0, including the Bullion Participation Nodes (BPN aka masternodes) feature. At the same time we are receiving good feedback from the Bullion community regarding bugs or errors. Rest assured the team is working extremely hard to resolve all issues found within this alpha release to ensure a slick and smooth user experience. You can expect further news regarding the release of the BPN shortly - keep your eyes peeled for the announcement! Improved Orphan Rate We are delighted to see end users enjoying the benefits of the feature included into Vault 3.0 which has managed to reduce the orphan rate from roughly 5% to 3%. This 40% improvement will bring more stability to the network and deliver a more optimal staking experience. Cryptopia Logo Update We are delighted to see Cryptopia have updated the Bullion logo across their entire exchange now. Our new branding is cleaner, more modern and will be well represented in the new Bullion website, which is currently under development. A request has already been sent out to coinmarketcap.com to update the Bullion logo - we understand it can take time for an admin to correct this, however it should be updated shortly. https://staging.busy.org/@cbx/bullion-news-update-05-03-18 Thank you for consolidating the news and posting this! |
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Is this the lastest wallet? testing means still this version is not stable yet , are there any guildes from 4,4,3 to valut 3?
This is the Vault 3.0 alpha test wallet. It does not yet have BPN implementation (coming soon). It has been stable thus far based on general consensus however we have cautioned testers to use cautiously (not with substantial funds) - please see VonSpass' announcement for details. This is primarily to get some community assistance in testing and identifying any issues that need addressing prior to the official release with BPN implementation. |
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We've past the middle of the week. Any vault? Any news? Any updates? Anybody there?
Working on it. Apologies for not updating sooner, this week has not gone according to how I had envisioned it (regarding time). I will be more cautious about sharing date expectations going forward - just trying to provide insight into progress so community is not completely in the dark. Pre-Alpha testing has been completed and bug fixes have been applied. Public alpha just needs to be compiled. This is planned for this evening. We will provide links as soon as possible. BPN work is continuing but we do not have a date to report yet. |
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Update from Coinbook.com team: Things are moving forward. We have a few hurdles to get over before we can go live which has pushed us back for much longer than anticipated. The biggest one is an audit that we need which is scheduled before the end of March. That was the earliest we could get it and that has to happen before we can cross the final legal hurdle to go live. In the mean time, we are still working on a diversified banking relationship, a few more anti-fraud partners, and payment processors. This can easily be accomplished before then so we are really just waiting on the audit. They have been really busy with tax season and everyone's year end hitting all at the same time. But we are still on track to go live as soon as we can.
I saw a question in the forum about adding CBX. We will launch with just BTC and FTC for now and then we'll add CBX once we have everything tested and running smoothly. |
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Hello all,
Just wanted to update that we have decided to allow those in queue to earn the standard PoSP reward while waiting for a BPN slot - I see some still discussing this on the thread and wanted to put this to rest. Thank you all for the input and feedback.
Regarding the inactivity setting, as Ben mentioned, we are looking at 24 hours. By my calculations, a BPN if all slots are full should stake every 3 hours on average. I did not run the numbers for PoSP (queued BPN's) but they will not stake as quickly and often. So I think 12 hours would be the minimum we could set this at but I would prefer to leave a little bit of wiggle room so 24 hours is likely to be the setting. Feel free to provide comments and suggestions here.
We are internally testing the per-alpha release wallet and expect to have this out to the public middle of next week so community can provide feedback. At that point we should be about ready for the hardfork announcement for the Vault 3.0 with BPN announcement.
Also, I will be reaching out to coinbook team tomorrow for a status update.
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Hello CBXers. I am relatively new to PoS, but pretty familiar with ASIC/GPU mining.
I was intrigued by Crypto Bullion and started two wallets on the same day, however I can't find anything on PoS payout frequency for CBX.
I made a wallet with 42 coins in it, after 3 days I received a payout, 3 more days another payment.
Now it has been over a week with nothing.
Same time frame, I opened a second wallet on my laptop and put 10 coins in it. After 15 days an equal payment as the first one in the 42 coin wallet.
Does the amount of CBX in the wallet not matter? And is the payout extremely random?
Hello and welcome! The way CBX works is a little different than standard PoS. We employ our own design, PoSP (proof-of-stake-participation). What this algo does is it takes the overall coin supply inflation (2% per year) and rewards it to only the coins that are staking on the network. Offline coins forfeit their potential reward to those that are online and staking. With this, the reward that a user will experience is far higher than the 2% inflation rate. From there however things are random and dependent on the amount of other CBX that are staking at any given time across the network. Right now, just under 30% of all coins are staking ( https://chainz.cryptoid.info/cbx/#!extraction). So that means you should presently be earning between 6-7% interest on your CBX over the course of a year - if of course you are staking the entire time. |
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4. Will queued BPN'S earn regular POSP interest?
Cool, thanks. I think for the queueing system to work, investors should not be penalised, and forfeit their interest by doing so. A workaround should be found where locked away queued BPN's will still earn as normal. Regarding the marketing, every community member and investor reading this, should start to prepare and help spread the word about CBX. Once the new vault is released, we ' all' need to do something to get the word around that CBX is back in business. Tweeting, retweeting, Facebook posts, liking, sharing, posting in other threads, other forums, telegram channels, slack channels, etc, etc. It is up to the community to make the most of this rebrand if we want the attraction we all know CBX deserves. If people hear and read about something enough they will eventually look into it, and that's all we need, looking into...... Get ready folks, start thinking about how you will help spread the word in the coming weeks. I'm personally looking forward to spamming those Pumpz groups on telegram Thanks. Got your answer: a queued BPN will stake normally and earn regular PoSP reward just as if it was with the other PoSP balance of the given user. Actually, allow me to revise my answer. After much internal deliberation we have arrived to the conclusion that queued inactive BPNs should not be earning reward until they are accepted in the 125. There are two main reasons why we favored this: if at one point it becomes difficult to get an active BPN position, a BPN runner might think twice before selling his valuable CBX position and also the fact that while waiting for an active BPN position, those 2000 CBX removed are leaving more room for other people on the network to earn staking rewards. CBX is a 2% inflation project, so allowing more people to earn staking rewards is a desireable thing imo. I don't think that is a good idea .... I would think that would actually deter people psychologically even trying to accumulate the 2000 to start with. I mean think about it. It seems like a lot of hoops now to get a masternode compared to other projects. Also sitting in this queue for weeks or months with 2000 coins (masternode amount that you paid a lot to accumulate) earning zero will encourage people to dump it back and get a masternode else where. Psychologically it does not add up. I mean the smartest thing is for everyone with 2000 coins to be in the queue and as their queue number ticks down they are less and less likely to sell. not have them sitting there pissed off they are getting nothing for months on end and leaving/selling out with a bad taste about cbx when other masternodes they own have been earning them good returns. And those in the masternode are only going to sell if they have too. This is a bad idea if you ask me. Possibly a reduced interest rate but even then I would not be bothering holding on to my 2000 coin parcel if i can trade in and out of cbx and earn lots more than the zero rate of waiting in a queue for months. Masternode owners may never vacate those slots so then the idea of keeping accumulating the magic 2000 just to get zero interest for months/years?? I don't think I would even bother queuing my coins and in that case why would i worry about even having 2000? It is kind of damaging the entire reason for masternodes which is to accumulate and hold. The queue is great but must earn full interest imho for it to achieve the desired results of making cbx a savers coin of increasing but stable value. Also what time frame on this queue system and new masternode system. I mean it may sound a trivial thing but this to me sounds like a huge huge task and something quite novel. So are we talking weeks or months here? We have a few factors at play here and we have a very small 2% inflation of coins that can be used to reward coin investors. We have devised a 2 tier system that will reward a higher than the 2% inflation rate reward to PoSP stakers (estimated to be 3-6%) and then a higher reward for the next tier of BPN runners (estimated to be between 9-18%). BPN: only 125 slots can ever exist here and each spot costs 2k CBX. For all spots to be filled, 1/4 of the total supply of CBX would have to be locked away. A BPN slot is retained until the associated address either drops below 2k CBX or has not staked in a 12 hour period. Either of those instances cause the BPN slot to be freed up for the next in line of the BPN queue. This design will assist in providing BPN turnover and keep the queue with some movement. PoSP: all coin owners can stake via PoSP but as 75% of the network will be allowed to do this theoretically, we need to boost the reward to stakers somehow. We know that a portion of CBX has been lost over the years of existence through exchange closing, lost wallets, etc. Additionally there is a portion of owners who will keep coins at an exchange or stored away in cold storage. The other area where we can make up some additional compensation for PoSP stakers is by making the queue for BPN payout no reward. It is important that we not only think of BPN compensation and growth at the expense of PoSP stakers. PoSP stakers are the 'little guys' who cannot afford a BPN, yet they are integral to the functioning and decentralization of the network. We want a large, diverse and welcoming network. This is a difficult decision and debate and I understand your thoughts, but perhaps hearing more detail on the other side of the coin gives you further points to consider here. Regarding coding time, we will have some better estimates here shortly but a large portion of the work is already completed with the mutex project that we have spoken of for some time. |
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@dev team
I have 2 questions
1) Let's say someone have 4000 bullions in one wallet but separated in two addresses (2k - 2k).
This wallet considered as one or two masternode(s) ?
2) How the network recognizes the masternode(ID), by Client IP Address, by wallet address or something else ?
I ask this cause i think many of the clients doesn't have static IP addresses and they must take actions to be prepared
for participate in masternode queue.
many congrats for your efforts dev team, keep up...
1) Each BPN will have its own unique address and hold 2k CBX. One can run multiple BPN and will be rewarded for each. 2) Wallet address. |
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barterdex and blocknet are going to be the big news of this year i expect
cbx hopefully can get on both and deserves to be on both ... these fairly distributed projects are going to be the only ones left standing once regulations start sparking up all over the place.
icos are 99% scams
What steps are necessary to get listed on these 2 exchanges? blocknet is free i believe just contact atcsecure and dan will be able to set it up or actually you can self add if if you know how i think barterdex then jl777b is best to ask about that. Thank you, I have reached out to both of the provided contacts. Did you get anywhere with this elambert? Crickets unfortunately |
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