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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][CHBT] CHBToken V5 with signing and file upload feature on: March 21, 2020, 02:06:48 PM
CHBToken 5.0.0.0 & CHBTPaygate


*  CHBToken is a PoS-based cryptocurrency.
*  CHBToken is a secure document upload system with document storage and high security encryption.
*  CHBToken with CHBTPaygate provides an option to cryptographically sign and store encrypted documents on the CHBToken Blockchain utilizing a 1MB encryption key and verification hash.
*  CHBToken offers an option for companies to run CHBTPaygate internally while still allowing the public CHBToken to remain decentrally linked.
*  CHBToken allows file upload of up to 1000MB per file.
 


CHBToken Overview

  • Initial Amount: 2.5 Million CHBToken only
  • Increase: 0.06 CHBToken per successful stake
  • Transaction Fee: 0.0001 CHBT
  • Block time: 60 seconds
  • Type: PoS Coin
  • Maturity: 501 blocks
  • Transfer Maturity: 10 Blocks
  • Transfer Speed: Virtually instant (individual times vary slightly)
  • Protocol: 60018
  • First Block on: 2017-10-16 17:36:01
  • Name: CHBT



CHBToken 5.0.0.0 Source Code, Windows Wallet and links

The Source Code (this repository): https://github.com/CHBToken/chbtokenV5.x

The Windows Wallet CHBTLauncher is available for download on: https://github.com/CHBToken/CHBTokenV5_Wallet

Official Website: https://chbt.ch

Twitter: https://twitter.com/ChChbt

Youtube Channel: https://www.youtube.com/watch?v=Q-aQLtasg4w



New functions in CHBToken 5.0.0.0

For latest information and new features please check https://chbt.ch, however in a nutshell the following features are new to V5.0.0.0

1. File Signing
2. File Signing & Upload
3. File Encryption on uploaded files
4. File Sharing on uploaded files
5. In-Wallet file explorer on signed files
6. Certificate on signed files
7. Verification explorer for signed files
8. CHBT Trust Authority
9. In Wallet direct purchase over credit card
10. New CHBTPaygate chain for online file storage for up to 1000MB per file
11. Autoupdate feature
12. New local file structure for signed files within appdata
13. Option to open / browse signed files from the wallet
13. Additional readme section within the wallet
14. Additional high encryption of 1MB key for uploaded files
15. Additional password & encryption for file sharing on files



Document Upload

CHBToken as of version 5.0.0.0 allows users to upload documents directly from the wallet in an encrypted format to be shared with others.

1.  Uploaded documents are encrypted
2.  Each document receives its own unique hash and signature as proof
3.  Documents can be shared with others using the hash and link.
4.  Documents are encrypted with your own private encryption key



Fees for document upload within CHBToken Wallet

To ensure each user knows the upfront cost of a document upload / signing a fixed fee has been indroduced.

1.  The fees to sign and upload are set at a fixed rate of 5 EUR per 10MB document per year (after the initial 10MB file size).
2.  Users can choose between 1 and 10 years storage for documents within CHBToken.
3.  Fees are deducted directly as CHBToken from within the User's Wallet.

After the selected time period ends documents are automatically removed unless the user chooses to renew the document for a new storage period



Example of cost of a 10 MB document upload within CHBToken Wallet

We assume for this example following:
- CHBToken price on an exchange is 2.00 USD per CHBToken
- CHBTPaygate fee is 5 USD per 10MB
- Size of Document < 10MB


| Document Size | Price of CHBToken | Cost of Document Upload | Cost in CHBToken | Standard TRX Fee of CHBToken |
| < 10 MB          | 2.00 EUR              | 5 EUR                             | 2.5 CHBToken      |  0.0001 CHBToken                   |

So, to upload a document with a size < 10MB the cost is 2.5001 CHBToken which is directly deducted from the user's wallet.

The fiat cost is a function of the current CHBToken price and the transaction fee e.g.

5.00 EUR (for document  < 10mb ) + Transaction fee of CHBToken (0.0001)

The EUR fee for the document upload is converted to the CHBToken price.

This way user always knows that the cost in fiat is 5.00 EUR regardless of the current CHBToken price.



CHBToken has a secondary chain (CHBTPaygate) included

The secondary chain (CHBTPaygate) has been developed by the CHBToken Developers and is running as a separate chain to the CHBToken chain to avoid bloat within CHBToken.

* CHBToken remains a PoS coin with decentralised approach.
* The secondary CHBTPaygate chain has no size limit but is set to a maximum of 1000MB per Document upload.
* Each user has their own private encryption key and public keys are stored on the public key server.

NOTE: If a private key is lost then there is no way to recover this key



Is there an Explorer for CHBToken?

Yes, you can view the information for CHBToken on Chainz.cryptoid.info: [Go to CHBToken Explorer](https://chainz.cryptoid.info/chbt/ )



How to get CHBToken?

You can obtain CHBToken via the following options:
  • By purchasing from a cryptocurrency exchange on which offers CHBToken
  • By receiving CHBToken from another person directly into your CHBToken Wallet
  • By Staking CHBToken within your Wallet. A sucessfull stake provides a reward of 0.06 CHBToken
  • By purchasing CHBTokens at a fixed rate directly from within the walled using your credit card


Exchanges

You can trade CHBT on the following exchnages:

GRAVIEX: https://graviex.net
Markets: CHBT/BTC, CHBT/ETH & CHBT/USD

STEX: https://stex.com
Markets: CHBT/BTC



What is the Transaction Fee?

CHBToken carries a minimum transaction fee of 0.0001 CHBToken for each transaction (e.g. transfer CHBTokens in or out of your wallet or to submit a request for signing).

This transaction fee goes back to CHBToken to support the CHBToken Chain.




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