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Question: Should CBX remove planned anon implementation to obtain listing on Coinbook.com?
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Author Topic: Bullion (CBX) 'the Digital Precious Metal' | 2018 Roadmap published  (Read 328072 times)
Yannic
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October 25, 2017, 07:24:15 PM
 #4361

Cryptopia is the only exchange for cbx now and there is only one guy who is making the buy orders. He makes the price drop with little crappy orders and he determines the marketcap (?!)
See it yourself....

Well, I'm sure there's a lot of people that can't do anything because the wallet won't sync I'm not the only one in that boat. If the wallet won't sync, you can't move your coins anywhere.

the only way to get it running on my windows was to export all my private key and to empty the roam folder,
to download from my linux vps a fresh fully copy of the folder synched at the last block
and to copy it to my windows folder (without the wallet.dat file).

That was the only way i get it working after many days of tries and since i made that around 3 to 6 month ago, i never get any problem, the vault is running without any crash.

If needed i can create a full copy from my vps folder this night to share it, just ask it


Ps: nice to see coinmarketcap exclude price from yobit

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October 25, 2017, 09:09:42 PM
 #4362

...
Ps: nice to see coinmarketcap exclude price from yobit

Cool! I asked them yesterday to exclude Yobit from CBX markets. Not sure it was because of that, though the timing is perfect.
Apparently they decided to still keep it, but not take its price into account towards the average price.

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October 25, 2017, 10:08:44 PM
 #4363


Well, I'm sure there's a lot of people that can't do anything because the wallet won't sync I'm not the only one in that boat. If the wallet won't sync, you can't move your coins anywhere.

While it's true that Vault 2.4.3 cannot sync alone, even if I'm not much of a techie I was always able to sync using bootstrap.

Have you tried the steps I outlined above?

Yes, I did those steps twice. Failed both times.

Now I'm trying it using your advice of a brand new wallet. If I can get the thing to sync the blockchain then I will try it with my old wallet, if not then I will try to export my private keys.

I appreciate your help, it's just frustrating that I can't stake

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October 26, 2017, 05:45:33 PM
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Yes, I did those steps twice. Failed both times.

Now I'm trying it using your advice of a brand new wallet. If I can get the thing to sync the blockchain then I will try it with my old wallet, if not then I will try to export my private keys.

I appreciate your help, it's just frustrating that I can't stake

I understand the frustration! So, reloading and syncing a brand new Crypto Bullion empty wallet with bootstrap is a job of a few hours: how did it go?
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October 27, 2017, 03:21:50 AM
 #4365

Is there any update/ETA on the new wallet with masternode capability?
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October 27, 2017, 04:39:52 AM
 #4366

Roadmap 2017 status report!

It's been too long since we published a development update and the reason for this has been that we stumbled upon an unforeseeable problem and realized we needed a new approach to allow this project to go forward in a timely fashion while not impacting on value.

What changes now is that we have decided not to let the new code be burdened by the existing old blockchain by attempting to make the new code accomodate it; this means that a CBX swap will be necessary, from old CBX to the new CBX currency instead of the simple seamless install of Vault 3.0 we had in mind. We still envision an elegant migration process: a snapshot of all existing CBX address balances will be taken, and then applied to the new CBX blockchain.

To regular users, the new Vault 3.0 will be able, upon first launch, to fetch the user's private keys which are in the old wallet.dat, and then from these old keys fetch his new CBX coin into the new blockchain. May I remind people that the CBX address' values will not be affected in any way by this swap, all balances stay the same.

The last hurdle we will find prior to alpha testing lies in the mandatory global money supply limitation of 250 000 CBX that can be associated to BPNs (masternodes) at any time. To address this, an innovative solution was proposed, applying a mutex; this solution is unheard of in the Crypto world and we think it will give good results.

Thank you for your patience and continued support
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October 27, 2017, 05:49:26 AM
 #4367

Hi thankyou for the update.

Can you explain mutex in brief?

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October 27, 2017, 07:17:48 AM
 #4368

Now that we have it confirmed that Vault 3.0 will require a swap (although automated as much as possible), now we know for sure the we can no longer keep the same ticker (CBX) as some Vaults 2.4.3 will continue to run for some time after hard fork, even though we will have stopped supporting the old CBX blockchain. If we keep the same ticker there will be confusion.

I have changed the poll accordingly - please choose one!

Happy Friday everyone!

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October 27, 2017, 10:46:59 AM
 #4369

Roadmap 2017 status report!

It's been too long since we published a development update and the reason for this has been that we stumbled upon an unforeseeable problem and realized we needed a new approach to allow this project to go forward in a timely fashion while not impacting on value.

What changes now is that we have decided not to let the new code be burdened by the existing old blockchain by attempting to make the new code accomodate it; this means that a CBX swap will be necessary, from old CBX to the new CBX currency instead of the simple seamless install of Vault 3.0 we had in mind. We still envision an elegant migration process: a snapshot of all existing CBX address balances will be taken, and then applied to the new CBX blockchain.

To regular users, the new Vault 3.0 will be able, upon first launch, to fetch the user's private keys which are in the old wallet.dat, and then from these old keys fetch his new CBX coin into the new blockchain. May I remind people that the CBX address' values will not be affected in any way by this swap, all balances stay the same.

The last hurdle we will find prior to alpha testing lies in the mandatory global money supply limitation of 250 000 CBX that can be associated to BPNs (masternodes) at any time. To address this, an innovative solution was proposed, applying a mutex; this solution is unheard of in the Crypto world and we think it will give good results.

Thank you for your patience and continued support


Very good news here!

We are not far off now and anticipate Vault 3.0 testing very soon!

I am a fan of this new approach as it simplifies numerous pieces of the transition, speeds the process tremendously to the new release, eliminates the historic bloat of the blockchain (allows new Vault 3.0 to sync from a genesis point rather than 4 year historic chain) and eliminates numerous quirks and bugs from existing codebase, among other benefits.

A change in ticker will allow us to break free of the Yobit weight around our ankles while still keeping the integrity of the CryptoBullion brand and name.

Despite the path being a difficult one to get to this point, I am extremely excited about where we are now and thrilled we can get back on track finally!

Happy Friday indeed!

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October 27, 2017, 11:05:10 AM
 #4370

Roadmap 2017 status report!

It's been too long since we published a development update and the reason for this has been that we stumbled upon an unforeseeable problem and realized we needed a new approach to allow this project to go forward in a timely fashion while not impacting on value.

What changes now is that we have decided not to let the new code be burdened by the existing old blockchain by attempting to make the new code accomodate it; this means that a CBX swap will be necessary, from old CBX to the new CBX currency instead of the simple seamless install of Vault 3.0 we had in mind. We still envision an elegant migration process: a snapshot of all existing CBX address balances will be taken, and then applied to the new CBX blockchain.

To regular users, the new Vault 3.0 will be able, upon first launch, to fetch the user's private keys which are in the old wallet.dat, and then from these old keys fetch his new CBX coin into the new blockchain. May I remind people that the CBX address' values will not be affected in any way by this swap, all balances stay the same.

The last hurdle we will find prior to alpha testing lies in the mandatory global money supply limitation of 250 000 CBX that can be associated to BPNs (masternodes) at any time. To address this, an innovative solution was proposed, applying a mutex; this solution is unheard of in the Crypto world and we think it will give good results.

Thank you for your patience and continued support


This is not so good news for those that have coins trapped on yobit if they don't bother with the swap. Hopefully some pressure can be applied to them to release ppls coins and swap to the new chain.

Why are we reinventing the wheel with this I have no idea why if we are going to do a coins swap we don;t just fork off of pivX?  also all updates would come free then too.?

Could be done and ready to go in a very short time frame. Although best to let them sort out their bugs with zero coin implementation for a few weeks first.

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October 27, 2017, 11:40:49 AM
 #4371

Does after the swap, address, public key, private key remain as same in the new vault as it is in the old vault ? or it will be imported into a new address

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October 27, 2017, 02:15:42 PM
 #4372

This is not so good news for those that have coins trapped on yobit if they don't bother with the swap. Hopefully some pressure can be applied to them to release ppls coins and swap to the new chain.

This changes nothing about the coins trapped on yobit, they will remain trapped. If at some point yobit converts them to the new blockchain or allows the rightful owners to withdraw, then the coins can be converted at a 1:1 ratio to the new chain.

Why are we reinventing the wheel with this I have no idea why if we are going to do a coins swap we don;t just fork off of pivX?  also all updates would come free then too.?

Could be done and ready to go in a very short time frame. Although best to let them sort out their bugs with zero coin implementation for a few weeks first.

An exact clone of an existing coin is not a desirable solution for us. We have our own ideas of how things should work and we have the expertise to accomplish these goals.

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October 27, 2017, 02:17:32 PM
 #4373

Does after the swap, address, public key, private key remain as same in the new vault as it is in the old vault ? or it will be imported into a new address

You will import your your coins to a new address.

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October 27, 2017, 04:30:39 PM
 #4374


This is not so good news for those that have coins trapped on yobit if they don't bother with the swap. Hopefully some pressure can be applied to them to release ppls coins and swap to the new chain.

Couldn't this give people an opportunity to retrieve their Yobit coins? If they transferred their Yobit coins to a holding account (managed by a CBX core member) They can account for the fact that they exist and verify ownership as well as remove them from circulation. Then give an equal amount in the swapped coin.

I still have a concern that the new coin will have to be relisted on Cryptopia since a swap is viewed as a new coin.
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October 27, 2017, 05:30:32 PM
 #4375

This is not so good news for those that have coins trapped on yobit if they don't bother with the swap. Hopefully some pressure can be applied to them to release ppls coins and swap to the new chain.

This changes nothing about the coins trapped on yobit, they will remain trapped. If at some point yobit converts them to the new blockchain or allows the rightful owners to withdraw, then the coins can be converted at a 1:1 ratio to the new chain.

Why are we reinventing the wheel with this I have no idea why if we are going to do a coins swap we don;t just fork off of pivX?  also all updates would come free then too.?

Could be done and ready to go in a very short time frame. Although best to let them sort out their bugs with zero coin implementation for a few weeks first.

An exact clone of an existing coin is not a desirable solution for us. We have our own ideas of how things should work and we have the expertise to accomplish these goals.

But how will the rightful owners be able to swap after the snapshot? this is what i am saying if the snap shot happens before they can access their coins won't they lose the opportunity to swap?

This is why all pressure to get yobit to open their wallet should be applied before the snapshot.

Of course they could upgrade to the new cbx that would be even better.



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October 27, 2017, 05:34:50 PM
 #4376


This is not so good news for those that have coins trapped on yobit if they don't bother with the swap. Hopefully some pressure can be applied to them to release ppls coins and swap to the new chain.

Couldn't this give people an opportunity to retrieve their Yobit coins? If they transferred their Yobit coins to a holding account (managed by a CBX core member) They can account for the fact that they exist and verify ownership as well as remove them from circulation. Then give an equal amount in the swapped coin.

I still have a concern that the new coin will have to be relisted on Cryptopia since a swap is viewed as a new coin.

Your idea about the yobit is interesting. But how do they transfer their yobit coins to a holding account?  explain it more because i like the sound of it as i stupidly swept up a bunch at yobit a long time ago and they have remained there hostage until now. I have been loath to create a yobit scam thread since other than this and a few other currencies they work rather well and have already given people their bitcoingold which is more than most other exchanges have done. Weird they are so good in some areas and so poor in others.

Well I'm more hoping cryptopia will see it as an upgrade and not a new coin listing. Upgrading a wallet costs less.

If we really do have the tech prowess here to code out something like the pivx entire team have done then we don't have much to worry about either way because if we are going to all this trouble to create something different to pivx and have their skills we will shortly be on many more exchanges.

I wonder what these core differences are to warranty all of this work. Even the pivx team seem to be causing a lot of issues getting zero coin patched in.

I have high hopes for cbx so which ever way is best for the project is good. I guess the devs here know best. I will trust in them.

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October 27, 2017, 06:58:27 PM
 #4377

Roadmap 2017 status report!

It's been too long since we published a development update and the reason for this has been that we stumbled upon an unforeseeable problem and realized we needed a new approach to allow this project to go forward in a timely fashion while not impacting on value.

What changes now is that we have decided not to let the new code be burdened by the existing old blockchain by attempting to make the new code accomodate it; this means that a CBX swap will be necessary, from old CBX to the new CBX currency instead of the simple seamless install of Vault 3.0 we had in mind. We still envision an elegant migration process: a snapshot of all existing CBX address balances will be taken, and then applied to the new CBX blockchain.

To regular users, the new Vault 3.0 will be able, upon first launch, to fetch the user's private keys which are in the old wallet.dat, and then from these old keys fetch his new CBX coin into the new blockchain. May I remind people that the CBX address' values will not be affected in any way by this swap, all balances stay the same.

The last hurdle we will find prior to alpha testing lies in the mandatory global money supply limitation of 250 000 CBX that can be associated to BPNs (masternodes) at any time. To address this, an innovative solution was proposed, applying a mutex; this solution is unheard of in the Crypto world and we think it will give good results.

Thank you for your patience and continued support


Thanks for the Update Ben!

Now posted in all communities.

Yes, the best thing for CBX was a Coin swap! Smiley

regards

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October 27, 2017, 09:18:03 PM
 #4378

Yeah I installed everything every which way and got nowhere. Hopefully when your new wallet comes out I will be able to import my wallets. Again, very frustrating.

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October 28, 2017, 04:25:27 AM
 #4379

Hi thankyou for the update.

Can you explain mutex in brief?

Would love to hear more about mutex.

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October 28, 2017, 05:03:56 AM
 #4380

Hi thankyou for the update.

Can you explain mutex in brief?

Would love to hear more about mutex.

a mutex is a software construction that allows, in a multithread environment, to allow one node to 'speak' while the others are muted.
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