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Question: Should CBX remove planned anon implementation to obtain listing on Coinbook.com?
Keep anon, no Coinbook
Remove anon, list on Coinbook

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Author Topic: Bullion (CBX) 'the Digital Precious Metal' | 2018 Roadmap published  (Read 329338 times)
eddietheboss
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July 21, 2017, 04:26:22 AM
 #4001


Thank you for the clarification.
But still have a question, saying that a maximum of 250k CBX could be allocated into BPNs means that if at one point all the the 250k are full  even someone that will buy enough CBX for run a master node (2000, 1000, 500 or 250) will not be able to do so.  
Don't you think that this is a disincentive to who will be willing to accumulate CBX even at higher price?


Given CBX's historic levels of participation since PoSP was introduced, and the theoretical amount of lost coin, I highly doubt that the BPN participation among the market will reach full levels quickly.

https://chainz.cryptoid.info/cbx/#!extraction

As CBX's price goes up, and more people take note of CBX, then a new equilibrium will form with more BPNs; but that's down the line.

I kind of doubt that, from what I see even now there is an 18% staking and have the feeling that most of the people staking now already has enough CBX for run a masternode so they will.

If you add all the people that have CBX sitting on exchange that are not staking right now, not because they are not interested but because the current value of the coin is not an enough incentive for keep the wallet open on a PC 24h, they will probably jump on the ship if there is some nice price movement or the reward for staking will increase with the masternode.

On the other side I see your point and probably with a nice price movement many long time CBX holder will take profit, and due to the higher price it will be more difficult to accumulate enough CBX for run a masternode, but in my opinion this solution could work only with an higher requirement of CBX for run a BPNs, probably 1000/2000 will do the trick.
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VonSpass
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July 21, 2017, 04:43:06 AM
 #4002

(...) with an higher requirement of CBX for run a BPNs, probably 1000/2000 will do the trick.

I have to say, I agree with you on that point! Not too worried about 100-200+ nodes running the network, I think it's enough.

But let's allow the poll to run it's course and see what the results are...
JOAC
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July 21, 2017, 05:34:35 AM
 #4003

By the way, at the current BTC price..CBX is over 1 usd..each...On Cryptopia.....You guys are rockin!!!

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vikingchild
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July 21, 2017, 05:50:38 AM
 #4004

What is the PoSP algorithm? I am not entirely sure that I perfectly understand this correctly. This one is actually new to me and I thought that I already knew quite a bit about crypto lol, well I do guess not then Tongue. Always time to learn something new I guess.
zava77
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July 21, 2017, 08:53:54 AM
 #4005

1000 CBX per BPN is good  Wink

TEU - bitcoin for shipping ICO: 15/Mar - 12/Apr
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July 21, 2017, 06:34:52 PM
 #4006

What is the PoSP algorithm? I am not entirely sure that I perfectly understand this correctly. This one is actually new to me and I thought that I already knew quite a bit about crypto lol, well I do guess not then Tongue. Always time to learn something new I guess.

There is a lot of info that was published online, for more detail, but the main idea of PoSP is to have a scarce and low inflation currency while at the same time offering high rewards for staking.

This is acheived by rewarding only the Vaults (wallets) who are staking their coin; people who leave coin at exchanges or close their Vaults forfeit their rewards for someone else.

So, instead of having to buy expensive mining equipment that quickly becomes obsolete, all you need is to buy the actual coin; the more CBX you have in your Vault while staking, the better your staking rewards will be.

At this moment, with only 20% of all CBX participating in staking, your yearly percentage gain is around 10%.

10% reward in a 2% inflation coin - that's PoSP
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July 21, 2017, 09:01:12 PM
 #4007

Hi all,

Does anyone know for how long is CBX withdrawal unavailable from YoBit?
And will it be enabled in soon future?

Thanks!

I don't trade there but as far as I have heard withdrawals have been offl for a while now. Per others on this thread yobit sounds uninterested in fixing or addressing the issue. Cryptopia is your best bet for purchase and withdrawal at this point.

Feel free to submit a support ticket to them about the issue.

I will.

Thank you for the reply!

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cryptobullion.io
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July 22, 2017, 02:28:10 PM
 #4008

Official CBX bootstrap updated to today. Download from the OP here or website if you need it.

Also, we are still looking for donation for CBX Dev fund, see below:



Donate to the CBX Foundation Development Fund:

One critical piece of the outlined 2017 road-map is to put in place a self funding mechanism for continued development. The current plan is to create a 10k superblock at the time of the hardfork occurring in August/September to be used for a dev operated BPN from which interest earnings would fuel ongoing CBX development, advertising, etc. However, this is not ideal as it could potentially create an issue with exchange listing policies or negative perception/issues for investors. Resultant to this, it has been suggested to create a donation address to gather these funds from the community. In response to this suggestion the below address has been created to accept donations. The goal is 10k CBX. We will report periodically on progress towards the goal.

CBX Donation Address: 5jMKPEvPoHN4UNQEyEh9n84ZPdaQBMzfuZ




elambert
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July 24, 2017, 03:55:24 PM
 #4009

Stage 1 of CBX 2017 Road-map update:

Coding for the hardfork to implement BPNs is almost complete (75%) and will soon begin internal testing. Next steps after completion will be as follows:
•   Auto bootstrap load / trouble shooting tool integration into Vault build
•   QR support
•   GUI redesign and addition of in wallet metrics

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July 24, 2017, 04:31:33 PM
 #4010

Stage 1 of CBX 2017 Road-map update:

Coding for the hardfork to implement BPNs is almost complete (75%) and will soon begin internal testing. Next steps after completion will be as follows:
•   Auto bootstrap load / trouble shooting tool integration into Vault build
•   QR support
•   GUI redesign and addition of in wallet metrics

wow good thing that i visit this thread again for me to understand how serious the dev team to keep this coin alive, thanks for giving such a great update if you have some write ups about this from your reddit it would also help to spread the news about this updates coming out from this coin project, more to
come dev team  keep it up.

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July 24, 2017, 05:21:07 PM
 #4011

Stage 1 of CBX 2017 Road-map update:

Coding for the hardfork to implement BPNs is almost complete (75%) and will soon begin internal testing. Next steps after completion will be as follows:
•   Auto bootstrap load / trouble shooting tool integration into Vault build
•   QR support
•   GUI redesign and addition of in wallet metrics


Since you're already working on the code, can you add a changeable data directory to make it easier for those who wish to run the wallet/vault on IoT devices?

malafaya
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July 24, 2017, 05:35:31 PM
 #4012

Stage 1 of CBX 2017 Road-map update:

Coding for the hardfork to implement BPNs is almost complete (75%) and will soon begin internal testing. Next steps after completion will be as follows:
•   Auto bootstrap load / trouble shooting tool integration into Vault build
•   QR support
•   GUI redesign and addition of in wallet metrics


Since you're already working on the code, can you add a changeable data directory to make it easier for those who wish to run the wallet/vault on IoT devices?

Do you mean the -datadir= command line argument? It already exists.

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July 24, 2017, 05:55:22 PM
 #4013

Stage 1 of CBX 2017 Road-map update:

Coding for the hardfork to implement BPNs is almost complete (75%) and will soon begin internal testing. Next steps after completion will be as follows:
•   Auto bootstrap load / trouble shooting tool integration into Vault build
•   QR support
•   GUI redesign and addition of in wallet metrics


Since you're already working on the code, can you add a changeable data directory to make it easier for those who wish to run the wallet/vault on IoT devices?

Do you mean the -datadir= command line argument? It already exists.

I can run it from the command line in linux, but it's sloppy, at least on the versions I'm using. Having an option in software would make things much easier. In order for this kind of technology to be adopted more readily, it's better to keep things as simple as possible from the users perspective. In windows I can add the line on the shortcut, but in Ubuntu I'm having trouble.

*edit: Okay I found a workaround. I had to insert a launch icon on the desktop with the right parameters. I used "alacarte" to create the menu item, added the datadir command, and added the icon to the desktop. It now pulls the data from my chosen data directory. This is a pain in the rear though, but it works.

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July 26, 2017, 11:42:04 AM
 #4014

Official CBX bootstrap updated to today. Download from the OP here or website if you need it.

Also, we are still looking for donation for CBX Dev fund, see below:



Donate to the CBX Foundation Development Fund:

One critical piece of the outlined 2017 road-map is to put in place a self funding mechanism for continued development. The current plan is to create a 10k superblock at the time of the hardfork occurring in August/September to be used for a dev operated BPN from which interest earnings would fuel ongoing CBX development, advertising, etc. However, this is not ideal as it could potentially create an issue with exchange listing policies or negative perception/issues for investors. Resultant to this, it has been suggested to create a donation address to gather these funds from the community. In response to this suggestion the below address has been created to accept donations. The goal is 10k CBX. We will report periodically on progress towards the goal.

CBX Donation Address: 5jMKPEvPoHN4UNQEyEh9n84ZPdaQBMzfuZ





come on guys cbx needs us , please help with the funds from your stakes , if you dont have extra btc , thank you

Bullion (CBX) ◢◤Clients
CRYPTOBULLION.IO
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YOUR DIGITAL PRECIOUS METAL 
PoSP | BNP Masternodes | 65 Second block time
Bullion MarketPlace












Cryptopia | NovaExchange |
Coinbook |













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cryptohunter
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July 26, 2017, 11:00:52 PM
 #4015

Official CBX bootstrap updated to today. Download from the OP here or website if you need it.

Also, we are still looking for donation for CBX Dev fund, see below:



Donate to the CBX Foundation Development Fund:

One critical piece of the outlined 2017 road-map is to put in place a self funding mechanism for continued development. The current plan is to create a 10k superblock at the time of the hardfork occurring in August/September to be used for a dev operated BPN from which interest earnings would fuel ongoing CBX development, advertising, etc. However, this is not ideal as it could potentially create an issue with exchange listing policies or negative perception/issues for investors. Resultant to this, it has been suggested to create a donation address to gather these funds from the community. In response to this suggestion the below address has been created to accept donations. The goal is 10k CBX. We will report periodically on progress towards the goal.

CBX Donation Address: 5jMKPEvPoHN4UNQEyEh9n84ZPdaQBMzfuZ





come on guys cbx needs us , please help with the funds from your stakes , if you dont have extra btc , thank you

lets ask helpthecoins to donate the entire amount.
he got all the cryptsy cbx for next to nothing. He should donate the 10k out of his 150k

i still want to know why after the poll determined the entire community wanted that wallet nulled why it did not happen?


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July 27, 2017, 05:32:26 AM
 #4016


lets ask helpthecoins to donate the entire amount.
he got all the cryptsy cbx for next to nothing. He should donate the 10k out of his 150k

i still want to know why after the poll determined the entire community wanted that wallet nulled why it did not happen?



Not sure about the poll results you are referring to, since I didn't make that call, but:

Meddling in the blockchain in any way gets CBX kicked out of Cryptopia, that's one reason. Also, many coin investors are strongly against such blockchain intervention for the principle, so we would lose out on chances of expanding.

Then you have the team behind helpthecoin, which is extremely helpful, they bring creative ideas to the table and they helped finance the new BPN network project, which if I recall, you were a strong proponent of.

Also, helpthecoin has offered to contribute 5000 CBX to the Foundation Dev Fund, without us asking or insisting.

I am happy helpthecoin is sitting at the table with us, I think they are part of what CBX needed to reach the next level, just like you are helping with your experience and creative solutions...
rido
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July 27, 2017, 07:21:57 AM
 #4017

So slowly rise in Crytpsy. Only 6 BTCs can double the price / cap of the rest of the market there is nothing to double the price.
m33
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July 27, 2017, 11:13:52 AM
 #4018

nice to see helpthecoin offer his help , that means we are 75% done , come on guys let get this done faster

Bullion (CBX) ◢◤Clients
CRYPTOBULLION.IO
█▄
█████▄
████████▄
███████████▄
██████████████
███████████▀
████████▀
█████▀
█▀












YOUR DIGITAL PRECIOUS METAL 
PoSP | BNP Masternodes | 65 Second block time
Bullion MarketPlace












Cryptopia | NovaExchange |
Coinbook |













████
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  ████
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ilikepeas
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July 27, 2017, 12:20:33 PM
 #4019

is this coin still being developed in some way? it looks good, what is going on with masternodes being implemented?
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July 27, 2017, 01:10:33 PM
 #4020


I am happy helpthecoin is sitting at the table with us, I think they are part of what CBX needed to reach the next level, just like you are helping with your experience and creative solutions...


Very well said, couldn't agree more.

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