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Author Topic: Historic Cryptogenic Bullion thread - CLOSED  (Read 286589 times)
mercSuey
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December 16, 2013, 06:15:57 AM
 #1201

Dencoin Pools now has a Cryptogenic Bullion (CGB) pool!

http://cgb.dencoinpools.com

1% fee
Vardiff support!


Thanks!  I'll get the pool list updated on the website.
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dyoungii
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December 16, 2013, 02:14:00 PM
 #1202

Dencoin Pools now has a Cryptogenic Bullion (CGB) pool!

http://cgb.dencoinpools.com

1% fee
Vardiff support!


Thanks!  I'll get the pool list updated on the website.

Thank you Smiley

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December 17, 2013, 06:56:08 PM
 #1203

is there a place where I could print CGBs already? I would like to give out a few as x-mas gifts to my co-workers. They all seem amazed with crypto, so thought some CGB would be a nice gift Smiley

anyone?

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December 17, 2013, 08:56:53 PM
Last edit: February 05, 2014, 10:43:00 AM by FiniteByDesign
 #1204

is there a place where I could print CGBs already? I would like to give out a few as x-mas gifts to my co-workers. They all seem amazed with crypto, so thought some CGB would be a nice gift Smiley

anyone?

I am working on creating fancy paper wallets for CGB but unfortunately will not be ready for the holiday season. However, here is a quick step by step guide which can be used to generate your own paper wallet(s):

1.  Move your wallet.dat file from the %appdata% CryptogenicBullion folder to your desktop

2.  Start you client and a new wallet.dat will be created with a new address

3.  Copy the address and in the console type the command <dumpprivkey "address"> where "address" is the newly generated one

4.  Copy the address and the privkey to a text file

5.  Close client and remove the wallet.dat and replace with your old wallet.dat that is on your desktop (note the wallet.dat you are removing is for the newly created address with the privkey. This will be the address and privkey you use for your paper wallet so go ahead and delete it after you have the address and the privkey. (BE CAREFUL NOT TO CONFUSE WITH YOUR WALLET.DAT AS YOU WILL LOSE YOUR COINS IF YOU DELETE THE WRONG ONE!)

6.  Now you can send your CGB to the new address (paper wallet)

7.  Once coins have been sent to the new address, you can test the redemption process. Close your client.

8.  Remove the wallet.dat file from the CryptogenicBullion data folder and save it in another folder (make sure your client is closed)

9.  Now restart your client and a new wallet.dat file should be created.  Your balance will be zero and there will only be one address in your receive list of addresses.  None in your address book.

10.  Go to console and enter <importprivkey "privkey"> where privkey is the first privkey you created in step 3.  Note, this is the privkey that will be used for redemption.  This is the process the client must complete in order to redeem coins.  

11.  When your client has scanned the blockchain, you'll notice your balance has updated to the amount of CGB you sent it in step 6.  If you restart your client, you'll see the new address you just imported will move from the address book to your receive list of addresses.  

Done.


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December 18, 2013, 11:27:10 AM
Last edit: December 18, 2013, 03:37:02 PM by elambert
 #1205

CGB being added to the Tagbond https://trade.tagbond.com/ trading payment platform in a couple of hours! Trading coming soon. My apologies for the misunderstanding.

https://bitcointalk.org/index.php?topic=375608.msg4023809#msg4023809
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December 18, 2013, 03:35:00 PM
 #1206

CGB being added to the Tagbond https://trade.tagbond.com/ trading platform in a couple of hours!

https://bitcointalk.org/index.php?topic=375608.msg4023809#msg4023809
There is no trade even chock
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December 18, 2013, 03:42:12 PM
 #1207


Quote
There is no trade even chock


Huh

Sorry, a misunderstanding on my part. Seems CGB being added as a payment method and exchange addition is to come soon. More detail in this link: https://bitcointalk.org/index.php?topic=375608.0
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December 18, 2013, 11:16:12 PM
 #1208

Cryptogenic Bullion (CGB), 6/28/2013
   Encryption type:  scrypt
   60 second block time
   Difficulty retarget: 2 minutes
   Supply 1/2 every ~37 days
   Total supply ~1million
   
CGB vs. LTC:   60 second block CGB vs. 150 second block LTC --> While this would seem as an improvement over Litecoin (given that 1 minute block time leads to faster transaction/confirmation time), it doesn't offer anything new in the alt-coin world.  WDC has 30 second block times (even better).

CGB vs. BTC:  ~1 million total supply CGB vs. ~21 million total supply BTC --> The developers tout this as possibly making CGB more valuable than BTC. (link) Such a claim is absurd:  it shows the CGB developers' failure to recognize that BTC is almost infinitely divisible (all the way down to .00000001), are ignorant of economics and monetary theory, or are aware of this and are being disingenuous with the alt community.
   
Summary:  CGB doesn't offer anything special to the alt-coin scene that doesn't already exist.

CoinOp.me CGB evaluation:  Not worthy of investment.
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December 18, 2013, 11:24:28 PM
Last edit: December 18, 2013, 11:41:24 PM by elambert
 #1209

Cryptogenic Bullion (CGB), 6/28/2013
   Encryption type:  scrypt
   60 second block time
   Difficulty retarget: 2 minutes
   Supply 1/2 every ~37 days
   Total supply ~1million
   
CGB vs. LTC:   60 second block CGB vs. 150 second block LTC --> While this would seem as an improvement over Litecoin (given that 1 minute block time leads to faster transaction/confirmation time), it doesn't offer anything new in the alt-coin world.  WDC has 30 second block times (even better).

CGB vs. BTC:  ~1 million total supply CGB vs. ~21 million total supply BTC --> The developers tout this as possibly making CGB more valuable than BTC. (link) Such a claim is absurd:  it shows the CGB developers' failure to recognize that BTC is almost infinitely divisible (all the way down to .00000001), are ignorant of economics and monetary theory, or are aware of this and are being disingenuous with the alt community.
   
Summary:  CGB doesn't offer anything special to the alt-coin scene that doesn't already exist.

CoinOp.me CGB evaluation:  Not worthy of investment.

Lmao! Not worth a financial investment you mean??? Seems you invested some time in creating a trolling account specifically for this purpose. Have you looked into Proof of Stake and plans for MADEsparq? Thanks for stopping by.

P.S. Your half assed, selective research and unwanted, biased opinions offer nothing special to the alt-coin scene.
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December 19, 2013, 10:41:04 AM
Last edit: December 19, 2013, 02:20:18 PM by FiniteByDesign
 #1210

Finite By Design's Crypto Card (paper wallets) available now!

https://bitcointalk.org/index.php?topic=377130.msg4039766#msg4039766


Here are a couple of images, I will be adding professional ones in the coming days:







Website:
http://www.finitebydesign.com

Email:
FiniteByDesign@gmail.com

Follow on Twitter:
https://twitter.com/FiniteByDesign

Like on Facebook:
https://www.facebook.com/FiniteByDesign



mercSuey
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December 19, 2013, 12:04:56 PM
 #1211

Finite By Design's Crypto Card (paper wallets) available now!

https://bitcointalk.org/index.php?topic=377130.msg4039766#msg4039766


Here are a couple of images, I will be adding professional ones in the coming days:







Website:
http://www.finitebydesign.com

Email:
FiniteByDesign@gmail.com

Follow on Twitter:
https://twitter.com/FiniteByDesign

Like on Facebook:
https://www.facebook.com/FiniteByDesign


[/center]


Great!  I'll get the announcement out and I'll send emails to those who have inquired about paper wallets...
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December 19, 2013, 02:22:16 PM
 #1212

Quote


Great!  I'll get the announcement out and I'll send emails to those who have inquired about paper wallets...

Thanks!

Alec40Gr
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December 20, 2013, 05:47:11 PM
 #1213

@MercSuey,

CoinChoose report wrong block reward ?
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December 20, 2013, 10:57:00 PM
 #1214

elambert wrote earlier:

...
- CB PoW subsidy will be halving in about 3 days from .625 to .3125 reward per block. So in about 3 days, the daily minting of CB via PoW will decrease from 900 CB per day to 450 CB per day: http://explorer.cryptogenicbullion.org:2750/chain/CryptogenicBullion


...

So yes, CoinChoose has the wrong block reward. In fact, they have had the wrong block reward for a week or so now... (showing too high reward). Unfortunately, they now have CGB listed with a block reward of 0.15625 instead of 0.3125.
mercSuey
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December 21, 2013, 05:55:11 AM
 #1215

@MercSuey,

CoinChoose report wrong block reward ?


Yeah, coinchoose inputs the block reward manually and is always late with updating his site after each block reward.  Apparently coinchoose has a new owner and isn't doing a better job of maintaining accurate information.  But hey, at least it'll be accurate in a few weeks.  Smiley
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December 21, 2013, 11:42:14 PM
 #1216

is this coin dead? not much happening

randerson
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December 22, 2013, 01:51:50 AM
 #1217

is this coin dead? not much happening

Far from dead friend.  Looks like an excellent time to add CGB to your crypto portfolio.  I view CGB as an excellent longer-term hold which offers something unique (MADESparq).  Just ordered a cold-storage card from our friends at finite by design and encourage all long term believers to do so as well Smiley

Good things to come!  Happy Holidays to the community.
mercSuey
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December 22, 2013, 03:52:24 AM
 #1218

is this coin dead? not much happening


Is your seo blog dead?  I didn't bother to check out the link in your signature but I'll assume not much is happening.   Roll Eyes
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December 22, 2013, 10:47:02 PM
 #1219

Read the white paper. Just digesting it and thinking about the possibilities. Would this project as a by-product, then, offer a new way of massively compressing data, in a way that has not been thought of before?

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mercSuey
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December 23, 2013, 02:06:03 PM
 #1220

Read the white paper. Just digesting it and thinking about the possibilities. Would this project as a by-product, then, offer a new way of massively compressing data, in a way that has not been thought of before?


Yeah, the plan is to get the right people together to seriously research it.
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