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Centi Bullion and Baby Bullion seem to be the more popular names so far with Centi Bullion (CB) slightly ahead. If you have not voted and have an opinion here, please submit a vote. Thanks.
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Poll added with a few alternative name options for the value of 0.01 CBX. Please vote so your opinion can be heard.
Thanks.
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Hello Bullionaires!
We have a couple of updates to share with the community.
1. The CryptoBullion forum is now open! Please come by, register and say hello. We are pretty bare bones at the moment but we will be adding content as we go. Ideally this will be a community project where we build this thing together so join in, take ownership and get involved. Suggestions and constructive criticism are encouraged.
2. The turnout to vote CBX onto Bter has been nothing short of extraordinary. In a very short period of time, the community has taken CBX from zero votes to where it is now in 3rd place with over 28,000 votes! We still have a way to go to get to 1st place but it is just a matter of time now and at this rate, the time will go quickly. Thank you for the support, lets finish this run strong and get CBX available for out Chinese community members.
3. The Proof-of-Value project is being further refined behind the scenes and will continue to evolve and grow. If you haven’t tried backing some of your CBX with your precious metals, give it a go. We will continue to gain traction with this project and as we grow, it will prove to be a major addition to the overall market cap of CBX.
4. Finally, development work continues on the announced PoSP project. We have internally discussed some options to coincide with the fork that could assist with project and development funding going forward. Look for a posting soon to get some community interactive discussion going on this possibility.
That’s it for now, as always, thank you for the support!
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OP updated with PoSP story Also, the CryptoBullion forum is under construction. Please see preview screenshot below: |
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CBX Proof-of-Value Network Certification - Building a Decentralized Value Network using the CBX blockchain. CBX Wallet Address: 5WqSTfYrhL4j69XtCouMZtDM1QjeExwbH3
Message: I raizor hereby back 100 CBX with 1 Troy Oz of .999 Fine Silver.
Should I divest either my CBX and/or physical bullion holding then this statement is automatically considered null and void within the CBX Value Network.
I hereby endeavour to provide a separate notification should I divest this personal holding. Verify Message: H9yVyldMkA7iRabSLnetX8k73olRJeCExSNti66pW7TtihmMMC9TM1Jo77dGdZZnbL2FemxRxKeygEcX4IBWiKQ= Here's mine guys. I've used my (1oz) silver CGB bullion bar and backed 100 CBX with that. Having just been through the process, it's given me a few ideas on adding some related functionality to the wallet. I think we should be able to auto-generate and print the certificates within the wallet. We could even have a 'create backing' function, that we could make available from a context menu when clicking one of your own addresses in the wallet. Something along the lines of 'back this address', perhaps. We could also have a 'create backing' menu item in the main wallet menu that takes you through the process. As I think about this, it becomes clear that we need to be able to lock the coins within the local wallet. Anyone not using Coin Control to send funds may inadvertently transfer their 'backed' funds without realising it and void the backing. I think we should be able to mark wallets as in use for backing and avoid them being selected for transactions. If we add a 'create backing' option, this could create a new named address in the local wallet and transfer the backing amount to the new address without excessive user interaction. It feels good to have done this though. I think this is going to be very interesting as it unfolds. Thanks again BitcoinFX  raizor
Official Verification: |
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CBX Proof-of-Value Network Certification - Building a Decentralized Value Network using the CBX blockchain. CBX Wallet Address: 5dG7rGUqejEVSnqBrKiQT743P4QrqbN3s6 Message: I snatchmonkey hereby back 1000 CBX with 5 Troy Oz of .999 Fine Silver.
Should I divest either my CBX and/or physical bullion holding then this statement is automatically considered null and void within the CBX value network.
I hereby endeavour to provide a separate notification should I divest this personal holding. Verify Message: ILhnyDoSw6sqxQKXEKs0OfFbpnIIjI48h58cC5B4K2A+tu5a2nO1of6FSxJ+PzVbdjCIvw0kyH5zNNtlI2ZOaHI=
Official Verification: |
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CBX Proof-of-Value Network Certification - Building a Decentralized Value Network using the CBX blockchain. CBX Wallet Address: 5ZD5K59kfWk2c9V1MGbSxJLDSgGwXfXKZx
Message: I elambert hereby back 1000 CBX with 1.0001 troy ounce of .9999 Fine Gold (2006 American Buffalo One Ounce Gold Proof Coin).
Should I divest either my CBX and/or physical bullion holding then this statement is automatically considered null and void within the CBX Value Network.
I hereby endeavour to provide a separate notification should I divest this personal holding. Verify Message: Hym8ugHrcOtFj7ugaBedf6+2RBD3PRytEmT0/YiP3iCrtNqoWTLqvCuUXw8XMYMoYc1JqHXpmqz2O7olTwnZ0dQ= Count me in!
Official Verification: |
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CBX Proof-of-Value Network Certification - Building a Decentralized Value Network using the CBX blockchain. CBX Wallet Address: 5hcqFigQAnXr3WpYgZP2Mn32FWirHWfj2X
Message: I FiniteByDesign hereby back 1000 CBX with .25 Kilos of .999 Pure Silver ‘1999 Giant Silver Peace Proof Coin’ (Registration No. 203).
Should I divest either my CBX and/or physical bullion holding then this statement is automatically considered null and void within the CBX Value Network.
I hereby endeavour to provide a separate notification should I divest this personal holding. Verify Message: IJ5RzNx+6/rDEHjzFYsnWfrq0Kf4PyjA7plnF/fcl9F+MYAw7L3qW05//uSD57ikfZG6Bo76jAetzI10aX1pa2E=
Official Verification: |
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CBX Wallet Address: 5jSNbAr8WwZfokPwoARez5gkt6rQVcxFvX http://blockexplorer.cryptobullion.io/a/5jSNbAr8WwMessage: I BitcoinFX hereby back 0.000001 CBX with 1/10 Gram 24K Pure .9999 Gold Maple Leaf Wafer Aurum ZZ53550.
Should I divest either my CBX and/or physical bullion holding then this statement is automatically considered null and void within the CBX Value Network.
I hereby endeavour to provide a separate notification should I divest this personal holding.
Verify Message: ILCxgAOTn2f91qLbKVvQynElQ8UYs8iMzbuCZl7op2jZZLKZdz9ILGn/oHGpDxm5pCHpc4d7qaXZSXSWpklVmxQ= N.B. This now 'backed' wallet address currently holds 0.001001 CBX. As 0.001 CBX is the minimum transaction fee the backed 0.000001 CBX is most likely absorbed as an 'Over Limit Transaction Fee' if spending from this address, ofc without receipt of additional funds to the address. Hence it remains an 'immovable object'?  1/10 Gram 24K Pure .9999 Gold Maple Leaf Wafer Aurum is the lowest weight (certified) physical bullion that I could find to back the 'lowest' (common) denomination of CBX with. 
Official Verification: |
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Proof-of-Concept - Back-to-Basics - Phase 1
CBX Proof-of-Value Network Certification - Building a Decentralized Value Network using the CBX blockchain.
CBX Wallet Address: 5aPRwXQXXBaZF9WDv3FWD8fRc9fxgQsQCh http://blockexplorer.cryptobullion.io/a/5aPRwXQXXBMessage: I BitcoinFX hereby back 1000 CBX with 10 Troy Oz of .999 Fine Silver.
Should I divest either my CBX and/or physical bullion holding then this statement is automatically considered null and void within the CBX Value Network.
I hereby endeavour to provide a separate notification should I divest this personal holding.
Verify Message: IMUhmkIFFnWEJ9APS+CXnEFCEN3P42N6puqZlQzEqVsg3vBilnpeAa+svSMsQcAYbs3lSo4xRTafd2pPh9HBR24=
Official Verification: |
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Excellent work Bullionaires! Added mention of the Proof-of-Value network to OP.
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Heads is taken by Reddheads. A Redhead is also a lamp for moviesets.
Heads is a pretty common one though so doubtful Redd would mind. - Dead-heads - Phish-heads - Cheese-heads - Parrot-heads - Metal-heads - etc Reddheads is a pretty good one though, credit where due. |
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July 2, 2015 'State of the Bullion' Address:
Hello to the Crypto Bullion community!
We have a lot that has transpired since our last formal announcement and things are moving along in a positive direction for CBX as reflected in our month over month USD valuation (5 cents per CBX last month, now over 20 cents per CBX). Although this is a substantial 400% increase in price and is very exciting, we are still very early in our ambitious plans and significantly shy of our short-term and long-term targets.
TEAM:
We have added 2 new members to our team since our last announcement. Alex “RainbowDash” has joined us as our Online Services Expert and has hit the ground running. His primary points of focus so far have been working on setting up a CBX price ticker and faucet, which are both very close to release. Jimmy “JimmyZhu” has joined our team as our Liaison to China. Jimmy has already translated the front page of the website to Mandarin, started and is managing a CBX thread on the primary Chinese cryptocurrency forum 8BTC and is working on translating the CBX Vault (client) so our next release will be more user friendly for our Chinese users. (We are working on one other team addition at the present to fill our Investor Relations Officer position - we will provide more details on this appointment shortly.) Welcome!
DEVELOPMENT:
We have outlined our technical development plan at a high level regarding our upcoming hard fork that will be explained in detail with its accompanying white paper. Basically PoW will be removed and CBX will operate via PoS exclusively. The inflationary rate will stay at 2% per year, however the current PoS implementation will be replaced by our new PoSP system that is now under development. This system will reward only those actively staking and in such a way that it will maximize network security via a pay-for-work methodology that allows for a variable interest earnings rate reflective of network participation. With this new design, those actively securing the CBX network will find an opportunity to earn a substantially higher interest rate on their holdings while the overall inflationary rate remains a constant 2% per annum. We are confident the PoSP implementation will be a game changer and are very excited about releasing it to the public in the near future.
FUNDING:
We have reached out to the current Crypto Bullion community, and any who care to come along for the ride to help in funding our technical developments as well as our substantial marketing campaigns that will accompany them. We have set a target fund raising goal of 20 BTC (10 BTC for technical development and 10 BTC for marketing). This is a great opportunity for each individual to take ownership of the project and help to control the resurgence of CBX.
So far we have collected donations totaling 11 BTC (4 of which are already allocated to our technical development PoSP project) so we are more than half way to our goal.
Please consider supporting this project by donating to BTC Address: 1D1oyugjRQFAyJ9sRYBvWS2aUbJ9KnUsVG
Thank you to all who have supported this project historically and recently. We have a lot of work ahead of us but we welcome the challenge and are enthusiastic about the future.
~ CBX Core Team
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Excellent work with the voting push on Bter guys! We still have a long way to go but we have accumulated almost 500 votes in just a few days time. Please keep at it! https://bter.com/voting |
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Added link to OP for 8BTC forum.
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Another BTC donated for development!
Goal 20BTC
* 7BTC total contributed
* 4BTC invested in PoSP development work (plus 2200 CBX)
* 3BTC in foundation wallet
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Validate me! TrxID: 3224c9585e88bcdb424bd6afaac4af67273e5651fbb50ca608ed62874b1ba0ef EDIT: IRC integration looks great, well done raizor! Definitely a step in the right direction for us, I'm sure you all noticed that the BCT forum goes down from time to time, it will be good to have IRC as another community focal point. Validated! Thank you for the contribution. Finite will reach out to you directly. 4 BTC now in the fund |
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Work in progress from a busy weekend.   |
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Community support request bump https://bitcointalk.org/index.php?topic=951753.msg11508955#msg11508955We are reaching out to the current Crypto Bullion community, and any who care to come along for the ride to help in making this project come to fruition. We have set a target fund raising goal of 20 BTC (10 BTC for technical development and 10 BTC for marketing). This is a great opportunity for each individual to take ownership of the project and help to control the resurgence of CBX. Additional incentive: https://bitcointalk.org/index.php?topic=951753.msg11513731#msg11513731Finite By Design would like to assist however we can in this fundraising event and if no one has any objections, we would like to donate up to 5 1-troy ounce of .999 fine silver, unloaded 'Cryptogenic Bullion' bars (retail at $75 each plus shipping and handling) to be used as gifts for every BTC donated. (For those new to CBX, Cryptogenic Bullion (CGB) was the name prior to rebranding.) |
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