July 30th, 2013 Update:Please download the updated clients below. Also a couple of changes have been made to take preventative measures against what recently occurred with CAP. Finally, the block rewards have been extended to allow for a 1/2% yearly inflation after 1 million CGB are mined - at a rate of 0.01 CGB per block: - DNS seeds have been enable and DNS records have been created which resolve to 6 trusted nodes (we will add more soon)
- Checkpoints added
- Added reward of 0.01 CGB after 1 million coins are mined (comes out to 1/2% yearly inflation)
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Hello all,
It has been a chaotic first couple weeks in existence for Cryptogenic Bullion! The primary dev left the team after creation and launch and it was then realized that some of the requested specs would not be met by the code. Namely the intent for the 1 million CGB to be mined over a 10 year period. Due to the 60 sec block time and reward of 10 Bullion per block, the full amount would have been mined in a few months! Obviously this created some issues and I did not feel comfortable with a full force continued launch and promotion. Good news is that I have brought in another dev to the team to help out. I have now extended the welcome to this individual, who at the moment wishes to remain anonymous, to be a 50% owner of CGB. This individual has been instrumental in making the changes and improvements outlined below:
- Subsidy halving after every 50k blocks
- New security checkpoints added
- Fix for the checkpoint too old warning
- QA tested and approved
~ Team CGB
What does this mean for you?Please make sure to download the new binaries before block 50k (currently at ~ block 28k so you have a few weeks)
Downloads:Source:
https://github.com/cryptogenicbonds/CGBWindows QT/Daemon:
Linux 32 QT/Daemon: https://docs.google.com/file/d/0B_N4P72HWplSeEkwNlE4T2hSTVE/edit?usp=sharing
Linux 64 QT/Daemon: https://docs.google.com/file/d/0B_N4P72HWplSa1VxWlRycGE4UHc/edit?usp=sharing
Mac Wallet download: https://www.dropbox.com/s/s667y37ekimv1ce/CryptogenicBullion-Qt-1.1.2.0-Mac.zip
Trading:CryptogenicBullion is traded at the following exchanges:@Cryptsy
https://www.cryptsy.com/markets/view/70@Coins-e
https://www.coins-e.com/exchange/CGB_BTC/
Miners:- Subsidy will remain 10 bullion per block until block 50k at which time it will halve to 5 bullion per block. This halving will continue every 50k blocks for eternity
- Get your miners pointed to CGB and take advantage of the high block subsidy while available. Remember, total will not surpass 1 million so scarcity is a major player here
Mining:Getting Started:1. Start up CryptogenicBullion-qt, wait for it to load, then exit
2. Open a new notepad file and copy/paste the following info:
rpcuser=*username* (make up your own username, and do not include *)
rpcpassword=*password* (make up your own password, and do not include *)
rpcallowip=127.0.0.1
rpcconnect=127.0.0.1
rpcport=8395
daemon=1
server=1
gen=0
testnet=0
listen=0
maxconnections=100
addnode=46.150.89.173
addnode=70.98.114.229
addnode=76.102.71.50
addnode=143.238.65.108
addnode=76.10.153.119
addnode=97.89.174.206
addnode=69.85.86.195
3. Save the above notepad file with the name: CryptogenicBullion.conf and place it in your
c:/users/**yourcomputername**/appdata/roaming/CryptogenicBullion (alternatively, you can search by going to start->search "%APPDATA%" without
quotations)
4. Restart CryptogenicBullion-qt, and you should connect and sync
5. For solo mining, launch cgminer or whatever mining program you like and begin mining.
cgminer ex: cgminer.exe --scrypt -o localhost:8395 -u **yourusername** -p **password** (without **)
Services and Links:Lottery: http://iurl.no/68e47Pools:Erundooks: https://cgb.epools.org/Bigal's: http://cgb.smalltimeminer.com/Mobgod's: http://cgb.coinworld.usSheinsha's: http://cgb.minar.cc/Online Wallet: http://www2.crypto-expert.com/cgbwallet/wallet.phpBlackjack: http://cryptoblackjack.kicks-ass.net/index.php?coin_type=24Coin Flip Game:http://flip.coinworld.us/CGB/Free Escrow Service: https://bitcointalk.org/index.php?topic=255593Block Explorer: http://cgb.webboise.com:2770/Public Pre-mine Ledger (Updated July 24,2013): https://bitcointalk.org/index.php?topic=246300.0
Specs:• Proof of Work/Proof of Stake Hybrid
• Scrypt
• Linear Difficulty Retarget (2 block retarget)
• 5 Confirms
• 10 Bullions per Block (Subsidy halving after every 50k blocks ad infinitum)
• Maximum of 1,000,000 Bullions
• Default P2P Port: 7695
• Default RPC Port: 8395
Bounties:Please note you must announce in a newly created thread and pm me in order to collect your bounty:- 100 CGB to each: 1st exchange, 1st pool, 1st online wallet, 1st store and 1st escrow service
- 75 CGB to each: 2nd exchange, 2nd store and 2nd pool
- 50 CGB to each: 3rd exchange, 3rd store and 3rd pool
Coming soon:- Updated Mac wallet
- Additional promotional giveaways
- Update to the public ledger tracking the pre-mined Bullion:
https://bitcointalk.org/index.php?topic=246300.0- CryptogenicBullion website
- Continued and sustained push to promote and grow CryptogenicBullion cgb
Follow the bull on twitter https://twitter.com/CryptogenicBullLike us on Facebook https://www.facebook.com/pages/Cryptogenic-Bullion/134177020124803
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