Bitcoin Forum
November 19, 2017, 10:58:09 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: To make the distinction more clear between the new fork for BPN Vault 3 CBX and the old one, we have decided to change the ticker of CBX. Pick one:
CBX2  - Second wave of CBX
CBPN - Crypto Bullion Participation Nodes
CBX3  - Because of upcoming Vault 3.0
CBXi - The next step

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 ... 223 »
  Print  
Author Topic: CRYPTO BULLION (CBX) | Inventor of PoSP! | 2017 Road-Map PUBLISHED!  (Read 308865 times)
IMZ
Legendary
*
Offline Offline

Activity: 1274


View Profile
August 25, 2015, 01:44:08 PM
 #601

Bitcoin National! Fine to see you here.

Cbx lookin' good in the last  coupla day, a very good sign. Thanks for your work.

Mark

Groestl: Fa9Fo3YL6PFgJ7fySNEYyVJ3CpVEpMNboY
DASH: XuENXsgRPWv91uv3mDikoGsTMbp1Dw41w3
BTC: 1Po2hV4i9U4TEwXwVfcuFnBmrhHX4vwYjc
1511089089
Hero Member
*
Offline Offline

Posts: 1511089089

View Profile Personal Message (Offline)

Ignore
1511089089
Reply with quote  #2

1511089089
Report to moderator
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
FiniteRed
Sr. Member
****
Offline Offline

Activity: 320


View Profile
August 25, 2015, 05:15:04 PM
 #602

Quote from: BitcoinNational
if it ain't broke
don't fix it!

srsly CBX is 1 of very few functional hybrids
and the POW side gets nearly nothing inflation wise

so why mess with a good thing?

Hey BitcoinNational, I wound respond as follows: Smiley

A: The notion of proof of work is fundamentally flawed (natural drift towards centralised mining, high barrier of entry for anyone wanting to participate)

B: The move to PosP will result in an increase in CBX blockchain security of many orders of magnitude of what it is currently

C: In this climate / market place you either innovate and pull ahead or stagnate and get left behind

D: The fundamentals of CBX are not changing, the inflation rate will stay the same but more to a far superior method of securing the network

All in all CBX is living up to its true potential by implementing PosP, the more people who stake it (encouraged by minimal associated costs) the stronger and more resilient the CBX network will become. One of the main reasons CBX has held its value lately is due to the approaching singularity that is PosP Smiley

FR

[G]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ] ~ [ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[H]
elambert
Legendary
*
Offline Offline

Activity: 1512



View Profile
August 25, 2015, 08:53:49 PM
 #603

Quote
A: The notion of proof of work is fundamentally flawed (natural drift towards centralised mining, high barrier of entry for anyone wanting to participate)

B: The move to PosP will result in an increase in CBX blockchain security of many orders of magnitude of what it is currently

C: In this climate / market place you either innovate and pull ahead or stagnate and get left behind

D: The fundamentals of CBX are not changing, the inflation rate will stay the same but more to a far superior method of securing the network

All in all CBX is living up to its true potential by implementing PosP, the more people who stake it (encouraged by minimal associated costs) the stronger and more resilient the CBX network will become. One of the main reasons CBX has held its value lately is due to the approaching singularity that is PosP Smiley

FR

Beautifully said Finite Red, thank you.
VonSpass
Hero Member
*****
Offline Offline

Activity: 789



View Profile
August 27, 2015, 05:22:47 PM
 #604

I have added a section in Spanish language in our forum; my Spanish is not so bad but we need a real fluent speaker of the Spanish language to moderate and comment on this new thread!!! Please PM me!

the forum: http://forum.cryptobullion.io/index.php
the Spanish section thread: http://forum.cryptobullion.io/index.php?board=8.0
VonSpass
Hero Member
*****
Offline Offline

Activity: 789



View Profile
August 27, 2015, 11:34:49 PM
 #605

POS only nowadays, POW over.

anyway, your listening pleasure................

https://www.youtube.com/watch?v=zK9YGgCs6mU

This is not true. CBX is still a hybrid - both PoS and PoW. Not sure about active mining pools but hopefully some of the miners chime in here to assist?

PoS only will occur once the PoSP algorithm is implemented (scheduled for 4th quarter of 2015) - so the PoW miners still have some time.

if it ain't broke
don't fix it!

srsly CBX is 1 of very few functional hybrids
and the POW side gets nearly nothing inflation wise

so why mess with a good thing?

You know, I really used to love mining cryptocoins; mining coins is exciting but unfortunately it stays economically worthwhile only for a small window of time, right after a coin has gone up in value. Then a whole bunch of people jump in and make it not profitable anymore.

The bottom line PoW CBX is generating right now does not create enough value for it to be interesting to enough miners to provide the network security we want. So not only we aren't getting the targetted security, then there is the general principle that PoW is wasteful in energy; so essentially it was time for CBX to bite the bullet and make some fair and creative changes on how mining CBX occurs.

So, from running a small farm and very much enjoying PoW mining, I went to wholeheartedly agreeing to the proposed (and, actively being worked on) PoSP algorythm... No other coin has this approach, and with this CBX finds iself ahead of the pack once more.
lab rat hoax
Hero Member
*****
Offline Offline

Activity: 746



View Profile
August 28, 2015, 01:00:56 PM
 #606

Looking forward to it being fully implemented
Great concept.  Let's see if it sticks
elambert
Legendary
*
Offline Offline

Activity: 1512



View Profile
August 28, 2015, 02:10:18 PM
 #607

Looking forward to it being fully implemented
Great concept.  Let's see if it sticks

It certainly will stick  Grin

On another note, we are organizing a giveaway to assist with exposure of the new forum. Suggestions on how best to accomplish this are welcome.

TGIF
FiniteRed
Sr. Member
****
Offline Offline

Activity: 320


View Profile
August 29, 2015, 09:46:52 AM
 #608

Morning CBXers, just invested in a little more CBX, should get around 10 a month (minimum) staking 24/7 which is comparable to my mining effort now Cheesy

[G]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ] ~ [ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[H]
elambert
Legendary
*
Offline Offline

Activity: 1512



View Profile
August 29, 2015, 10:38:48 AM
 #609

Morning CBXers, just invested in a little more CBX, should get around 10 a month (minimum) staking 24/7 which is comparable to my mining effort now Cheesy

Hi FiniteRed, good news, congrats!


Update:
We are in the early development stages of a CBX P2P Faucet project that will promote CBX exposure to a much broader audience that even Bitcoin is not reaching at the present. The brainstorming stages of this project have identified a couple of prerequisites that I would like to announce now:

1. CBX will be adding a mobile wallet. We are in the resource allocation stage for this now and weighing the options of building this in-house as opposed to outsourcing. Community feedback, experience and opinions on this are welcomed - I know CBX will not be breaking new ground here so interested in learning from any previous experiences (good and bad) that have occurred.

2. The need for a new unit designation to offset the natural negative association people have with fractions. The P2P Faucet project will increase CBX exposure via a mobile wallet download distribution strategy. The mobile vault downloaded by new adopters/users will come with a small starting balance of 10 Baby Bullion (equivalent of 0.1 CBX). We have decided to add nomenclature to the soon to be released Vault that will identify 0.01 CBX as 1 Baby Bullion (or BB for short). 1 CBX will be equivalent to 100 Baby Bullions.

Thats it for now, hope all have a great weekend. Preparing for Erika here in Florida.
CapnBDL
Hero Member
*****
Offline Offline

Activity: 574


Crypterium - Digital Mobile Cryptobank For Everyon


View Profile
August 29, 2015, 02:38:13 PM
 #610

@elambert

Erika will not make it here, thank goodness. It looks like Hispanola took it's toll on her and provided she doesn't re-form in the Gulf......

I am a small-time 'hobby' CBX miner and although it may not be the best way to acquire shares, it keeps me interested and out of trouble. Will we get ample heads-up when the change is made to PoSP so I don't waste the time or energy to continue the mining operation?

Thank You

    Cool



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
lab rat hoax
Hero Member
*****
Offline Offline

Activity: 746



View Profile
August 30, 2015, 01:45:00 PM
 #611

I like the baby bullion idea.  You can buy
1/10 th oz gold & silver rounds so this is in the same spirit
BTCat
Legendary
*
Online Online

Activity: 1400



View Profile
August 30, 2015, 02:26:07 PM
 #612

I like the baby bullion idea.  You can buy
1/10 th oz gold & silver rounds so this is in the same spirit

To be honost I wouldn't mind a more serious grown up name but it's not a big deal really.

AMLBitcoin is Decentralized Banking on the Blockchain. Visit AMLBitcoin
Tokensale is LIVE: AML Tokensale
Ghepetto
Full Member
***
Offline Offline

Activity: 236



View Profile
August 30, 2015, 03:17:24 PM
 #613

I like the baby bullion idea.  You can buy
1/10 th oz gold & silver rounds so this is in the same spirit

To be honost I wouldn't mind a more serious grown up name but it's not a big deal really.


Some constructive criticism:

Centi Bullion

Which stems from Latin unum centesiman meaning one onehundreth.  This sounds much more professional.  Baby Bullion just sounds childish.  I have to admit I would not have expected this, from this team, with their pristine track record of professionalism over the years.


--------------------Bagholder Extraordinaire--------------------
lab rat hoax
Hero Member
*****
Offline Offline

Activity: 746



View Profile
August 30, 2015, 03:53:35 PM
 #614

I agree.  I like the concept more than that particular name
and what about just having it divisible by 10ths instead of 100ths ?
Just like bullion.......?   Just an idea maybe

Ok.  To play devils advocate... What's to stop me from borrowing
A friends silver coin (s) and registering it here ? What if I just took a picture of a coin I just borrowed for the photo ?
What safeguards are in place other than" I pledge"
This is a question that needs to be asked
FiniteRed
Sr. Member
****
Offline Offline

Activity: 320


View Profile
August 30, 2015, 06:11:10 PM
 #615

Looking forward to the mobile wallet guys, excellent work Smiley

I woukd think that standard size metrics would be more relatable, but used in relation to weight (grams) in line with the preshious metal angle Smiley

centi   cg   0.01
milli           mg   0.001
micro   μg   0.000001

FR Smiley

[G]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ] ~ [ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[H]
VonSpass
Hero Member
*****
Offline Offline

Activity: 789



View Profile
August 30, 2015, 11:23:54 PM
 #616

Looking forward to the mobile wallet guys, excellent work Smiley

I woukd think that standard size metrics would be more relatable, but used in relation to weight (grams) in line with the preshious metal angle Smiley

centi   cg   0.01
milli           mg   0.001
micro   μg   0.000001

FR Smiley

Maybe its me (although i'm noticing I am not alone with this problem) but I could never figure out the mBTC and the μBTC and associate them with a value; simply put when I see these units I do not know what they mean, no image forms in my head as to what they are worth.

Baby Bullion = 1 hundreth of a Bullion. Simple. We are aiming for the Baby Bullion to be worth a significant value someday; easier to grasp, nicer said than a centibullion imo.

I would not suggest to implement any more subdivisions for the time being.
elambert
Legendary
*
Offline Offline

Activity: 1512



View Profile
August 31, 2015, 09:03:38 AM
 #617

@elambert

Erika will not make it here, thank goodness. It looks like Hispanola took it's toll on her and provided she doesn't re-form in the Gulf......

I am a small-time 'hobby' CBX miner and although it may not be the best way to acquire shares, it keeps me interested and out of trouble. Will we get ample heads-up when the change is made to PoSP so I don't waste the time or energy to continue the mining operation?

Thank You

    Cool

Hi CapnBDL. Yes, we will give a couple of weeks of warning prior to the switch from the current hybrid (PoW/PoS) system to the new PoSP implementation. In the meantime, mine away  Smiley
cryptobullion.io
Full Member
***
Offline Offline

Activity: 145


View Profile
August 31, 2015, 09:32:31 AM
 #618

Poll added with a few alternative name options for the value of 0.01 CBX. Please vote so your opinion can be heard.

Thanks.
FiniteByDesign
Legendary
*
Offline Offline

Activity: 1286



View Profile WWW
August 31, 2015, 12:57:04 PM
 #619

Voted for Bull but like all the name options to be honest.

VonSpass
Hero Member
*****
Offline Offline

Activity: 789



View Profile
August 31, 2015, 07:09:48 PM
 #620

Baby Bullion or Centibullion; but we have only one choice ...
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 [31] 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 ... 223 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!