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Author Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published  (Read 357678 times)
VonSpass
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October 29, 2015, 06:02:27 AM
 #821

The Crypto Bullion Campaign #1 Mobile Promo Cards are in town!

Ever wish you had a convenient tool to help explain to your friends and family your interest for crypto-currencies, what a crypto wallet looks like?

Dissatisfied with the current limited awareness of Crypto Bullion, among friends, collegues at work and family?

Want to help increase your Crypto Bullion holding's value without working very hard?

Or perhaps just looking for a cool and original item to show off with at your next reunion?

Just give me your postal address (by PM or email) and I will send you some Mobile Promo Cards. Yes, it's free...



Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
BitcoinNational
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October 29, 2015, 08:21:02 AM
 #822

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:

Code:
5aPRwXQXXBaZF9WDv3FWD8fRc9fxgQsQCh

http://blockexplorer.cryptobullion.io/a/5aPRwXQXXB

Message:

Code:
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:

Code:
IMUhmkIFFnWEJ9APS+CXnEFCEN3P42N6puqZlQzEqVsg3vBilnpeAa+svSMsQcAYbs3lSo4xRTafd2pPh9HBR24=


Anyone is welcome to participate in the CBX Value Network experiment by simply backing their own CBX with physical bullion. Any amount of CBX can be backed with any quantity of physical bullion.

- https://bitcointalk.org/index.php?topic=951753.msg11746755#msg11746755

- https://bitcointalk.org/index.php?topic=951753.msg11758028#msg11758028

I will look to make available the certification document template for download asap, along with a .pdf howto.

I shall be asking in various numismatic forums for fellow bullion and coin collectors to participate.


- You 'can have the penny and the bun' - http://changingminds.org/techniques/resisting/penny_bun.htm



boy that's fun idea.
keep this idea on the table.

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Revolutionized.  ──


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elambert
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October 29, 2015, 09:33:36 AM
 #823

@BitcoinNational

Agree. As soon as we have completed the PoSP fork and got the Promo Card project momentum going, we will be able to put some more attention back into the physical backing project. The groundwork is there already though so anyone can participate now. This is all designed to fit together like a puzzle.
 Wink


@VonSpass

Looking very good, excellent work! I am eagerly anticipating receipt of my cards now!

This project has some amazing potential and will assist in breaking the barriers separating the crypto-tech space and the monumentally larger general populace.
cryptobullion.io
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October 29, 2015, 07:20:40 PM
 #824

The Crypto Bullion Campaign #1 Mobile Promo Cards are in town!

Ever wish you had a convenient tool to help explain to your friends and family your interest for crypto-currencies, what a crypto wallet looks like?

Dissatisfied with the current limited awareness of Crypto Bullion, among friends, collegues at work and family?

Want to help increase your Crypto Bullion holding's value without working very hard?

Or perhaps just looking for a cool and original item to show off with at your next reunion?

Just give me your postal address (by PM or email) and I will send you some Mobile Promo Cards. Yes, it's free...





Added to OP, thanks!

IMZ
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October 30, 2015, 05:54:52 AM
 #825

Just popping in. Nice developments, and lots goin' on on Planet Krypto generally.

Mark
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October 30, 2015, 07:55:27 AM
 #826

Hi everyone; just letting you know, today Friday I am sending out a batch of CBX Promo Cards to those who gave me a postal address; if you are interested I will check again later

Send your postal address to: email: ben@changingworldmedia.com or PM

Happy Friday everyone!
cryptobullion.io
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October 30, 2015, 09:44:40 AM
Last edit: October 30, 2015, 10:08:50 AM by cryptobullion.io
 #827

The vast majority share of CBX trading occurs at Cryptsy. Cryptsy has been and continues to be a valuable and trustworthy partner and we hope this will continue for many years to come. That having been said, we do have other trading platforms available to us. It seems that it would be a beneficial step for us to help and boost the volumes of these other exchanges so we as a community are not over expended in any one central point. I know people have voiced opinions on one or the other, each with unique benefits. Let's open up this discussion and vote to help prioritize these exchange platforms so we can focus on them one at a time. Primary concerns should be security and trust in my opinion but we should also consider volume, potential investor exposure and of course trading fees and withdrawal/deposit limitation.

Please vote above and discuss.

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October 30, 2015, 06:52:14 PM
 #828

I can never seem to load my wallet anymore so I can stake. I just indefinitely sits in the state of "loading blockchain index".... This is after I just deleted everything except wallet.dat and re-synced the chain...

Any ideas? I'm using 1.3

elambert
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October 30, 2015, 07:10:49 PM
 #829

I can never seem to load my wallet anymore so I can stake. I just indefinitely sits in the state of "loading blockchain index".... This is after I just deleted everything except wallet.dat and re-synced the chain...

Any ideas? I'm using 1.3

Did you try the bootstrapped blockchain download option from the site?

Here is a guide one of our community members put together. http://forum.cryptobullion.io/index.php?topic=1455.0

Please let me know how you make out...
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October 30, 2015, 11:54:17 PM
 #830

I can never seem to load my wallet anymore so I can stake. I just indefinitely sits in the state of "loading blockchain index".... This is after I just deleted everything except wallet.dat and re-synced the chain...

Any ideas? I'm using 1.3

Did you try the bootstrapped blockchain download option from the site?

Here is a guide one of our community members put together. http://forum.cryptobullion.io/index.php?topic=1455.0

Please let me know how you make out...

OK, seems that may have done the trick. Another problem I've noticed is that if I minimize to the tray.... I can't seem to ever get the main wallet window back even if I do Show/Hide...

cryptobullion.io
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October 31, 2015, 12:01:03 AM
 #831

I can never seem to load my wallet anymore so I can stake. I just indefinitely sits in the state of "loading blockchain index".... This is after I just deleted everything except wallet.dat and re-synced the chain...

Any ideas? I'm using 1.3

Did you try the bootstrapped blockchain download option from the site?

Here is a guide one of our community members put together. http://forum.cryptobullion.io/index.php?topic=1455.0

Please let me know how you make out...

OK, seems that may have done the trick. Another problem I've noticed is that if I minimize to the tray.... I can't seem to ever get the main wallet window back even if I do Show/Hide...

Have not experienced that before... What OS? Will have a look.

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October 31, 2015, 12:07:00 AM
 #832

I can never seem to load my wallet anymore so I can stake. I just indefinitely sits in the state of "loading blockchain index".... This is after I just deleted everything except wallet.dat and re-synced the chain...

Any ideas? I'm using 1.3

Did you try the bootstrapped blockchain download option from the site?

Here is a guide one of our community members put together. http://forum.cryptobullion.io/index.php?topic=1455.0

Please let me know how you make out...

OK, seems that may have done the trick. Another problem I've noticed is that if I minimize to the tray.... I can't seem to ever get the main wallet window back even if I do Show/Hide...

Have not experienced that before... What OS? Will have a look.

I'm running in on a VM and Windows 7 x64...

cryptobullion.io
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October 31, 2015, 10:13:08 AM
Last edit: October 31, 2015, 10:28:54 AM by cryptobullion.io
 #833

I can never seem to load my wallet anymore so I can stake. I just indefinitely sits in the state of "loading blockchain index".... This is after I just deleted everything except wallet.dat and re-synced the chain...

Any ideas? I'm using 1.3

Did you try the bootstrapped blockchain download option from the site?

Here is a guide one of our community members put together. http://forum.cryptobullion.io/index.php?topic=1455.0

Please let me know how you make out...

OK, seems that may have done the trick. Another problem I've noticed is that if I minimize to the tray.... I can't seem to ever get the main wallet window back even if I do Show/Hide...

Have not experienced that before... What OS? Will have a look.

I'm running in on a VM and Windows 7 x64...

Please try suggestions here: http://superuser.com/questions/377279/windows-7-cant-reopen-minimised-window-on-taskbar-preview-

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November 02, 2015, 02:06:04 PM
 #834

Got my P2P promo cards in!



Anyone in the US who wants to assist with distribution, please let me know and I can send you some.



Looks like Banx.io is leading the exchange poll. I am adding buy orders there working on closing the gap to the sells. Nice exchange.


Shaping up to be a very exciting closeout to the year for CBX
 Grin
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November 05, 2015, 07:03:05 PM
Last edit: October 05, 2017, 07:13:56 PM by CapnBDL
 #835

Looks like the majority has spoken regarding transaction fees. I am pleased to announce that transaction fees will no longer be destroyed and instead will be included in PoS blocks upon release of Vault v2.0 with PoSP!

Great choice  Grin

Thank you everyone for your votes and participation; I think this is a very good choice because it will make the ownership and staking of CBX even more interesting. Has everyone purchased all Crypto Bullion they want, in order to get the desired amount of staking reward? PoSP is coming to a Vault near you ...

I don't have near enough CBX and it's been slow for me in the exchanges (don't have enough BTC either). What kind of return will I be looking at with just 73.xx CBX? Still attempting to acquire more. I was hoping to get over the 100 mark but don't think I'll make it before POW is over.

FYI; As for the different exchanges, I happen to like Cryptopia.

Good Luck with the new wallet to be released, although I will be disappointed that mining CBX will be over.


CapnBDL
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November 05, 2015, 09:47:12 PM
Last edit: November 06, 2015, 12:06:17 AM by elambert
 #836

Quote
What kind of return will I be looking at with just 73.xx CBX?

CapnBDL - return is dependent on network participation; the less people staking, the more likely you are to earn a PoSP block = the more CBX you will earn.

After PoSP launches, your Vault will need to be open online and unlocked for staking. Your CBX will have to sit in your Vault for at least 1 hour untouched at which point they become eligible for earning PoSP stake occurring at a target rate interval of one block per minute. The larger your Vault balance, the more likely you are to earn the PoSP block that occurs at that minute. Once you earn a PoSP block, your staked CBX will have to wait the 1 hour minimum time limit once again before being eligible to qualify for the subsequent PoSP blocks.

Our white paper will be released with the new Vault v2.0 that will explain in better detail, but this is essentially the best we can do to answer your question without knowing network participation at any given time.
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November 06, 2015, 06:34:26 PM
 #837

Quote
What kind of return will I be looking at with just 73.xx CBX?

CapnBDL - return is dependent on network participation; the less people staking, the more likely you are to earn a PoSP block = the more CBX you will earn.

After PoSP launches, your Vault will need to be open online and unlocked for staking. Your CBX will have to sit in your Vault for at least 1 hour untouched at which point they become eligible for earning PoSP stake occurring at a target rate interval of one block per minute. The larger your Vault balance, the more likely you are to earn the PoSP block that occurs at that minute. Once you earn a PoSP block, your staked CBX will have to wait the 1 hour minimum time limit once again before being eligible to qualify for the subsequent PoSP blocks.

Our white paper will be released with the new Vault v2.0 that will explain in better detail, but this is essentially the best we can do to answer your question without knowing network participation at any given time.

Well done! I think that answers my question and, most likely, others question(s) as well. Your eloquence and direct, to the point response is greatly appreciated.

Thanks,

CapnBDL
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   The Investment Bank of the Future  
The Security Token Protocol and Licensed Security Token Exchange
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█▄
Facebook Medium
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LinkedIn    Reddit
▀█




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IMZ
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November 07, 2015, 08:03:06 AM
 #838

Steady hands in recent days. Very encouraging. [Banx? Don't know it. Yobits? Don't know it -- but a Chinese exchange would be a fine thing. Cryptopia is a good exchange.]

Mark
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November 08, 2015, 12:00:26 PM
 #839

Hi.
Have you ever thought that the constant annual inflation in this coin scares many investors.
Maybe the developers should think about fixing the exact number of coins in the Crypto Bullion.
For example, each owner will continue to receive a small percentage of income through POS by commission when sending the transaction. 
And by the way, this problem https://bitcointalk.org/index.php?topic=951753.msg11692604#msg11692604 is still not solved..

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
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November 08, 2015, 12:45:12 PM
 #840

Quote
Have you ever thought that the constant annual inflation in this coin scares many investors.

In Crypto Bullion's current hybrid algo implementation 1.5% of the inflationary rate is actually interest payments going directly to investors (should not scare them). Only .5% of the inflation is resultant from new CBX created via the PoW mining process (chosen for CBX distribution) - which is winding down after over 2 years. Essentially the 2% is not quite as you are understanding it.

Please note, our soon to be released PoSP implementation will remove PoW mining and allot the full 2% inflationary rate as interest payments to investors.

Quote
And by the way, this problem https://bitcointalk.org/index.php?topic=951753.msg11692604#msg11692604 is still not solved..

Thank you for staying on this. Please know we have noted this and have yet to determine the appropriate resolution - focus has been on PoSP development. Just for a little insight, this occurrence did not exist when we were using BerkeleyDB, but Vault startup time was extremely slow. With current LevelDB, startup time is greatly improved but we have this occurrence.
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