Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published

[Crypt0Ninja]

Looks interesting, I have BM'ed this for later! =]

[1714934573]

1714934573

[1714934573]

1714934573

[killerjoegreece]

I cant wait to see the new features on this one nice work dev

[CapnBDL]

FYI;
PLEASE, don't forget to let those of us still trying to mine the last bit of PoW CBX available, as to when pure PoSP kicks in. Also, it might be a good idea to let the pools know, as well. We don't want any confusion concerning shares popping up and becoming an issue.

Thank You,

CapnBDL
      

[fitinplace]

Hi CBX Members,  i had a few questions about specs.

1.  Confirm rewards?
3.  Minimum coin age till mature?
4.  Average reward?

[Agaguk24]

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..

Zero inflation is never good in any situation; in an economy as well as in a money supply. We will both agree that high inflation is also very bad!

That being said, I think this coin's 2% interest paid to investors by PoS is quite reasonable and healthy by any standards.

[elambert]

Hi CBX Members,  i had a few questions about specs.

1.  Confirm rewards?
3.  Minimum coin age till mature?
4.  Average reward?

Is this a question regarding current algo or upcoming PoSP?


Also, website is down temporarily for maintenance. Will notify once back up.

[elambert]

Website is back up.

[shveicar]

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..

Zero inflation is never good in any situation; in an economy as well as in a money supply. We will both agree that high inflation is also very bad!

That being said, I think this coin's 2% interest paid to investors by PoS is quite reasonable and healthy by any standards.

I think that with this conclusion, not all agree.
Take a simple thing is antique jewel released in small editions in the past.
Why increasing its price in time?  The answer is obvious - people know that this is a rare and  precious object..
Many would like to receive this object in the own  collection, but the number of these things greatly limited.
Now take the option with a crypto currency. The more coins into the system, the lower the price.
But most importantly, that any inflation will only scare away fans to invest in such a system.
It is a well known fact, you only need to look at this site http://coinmarketcap.com/currencies/views/filter-non-mineable/ to see this 

[Killiz]

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..

Zero inflation is never good in any situation; in an economy as well as in a money supply. We will both agree that high inflation is also very bad!

That being said, I think this coin's 2% interest paid to investors by PoS is quite reasonable and healthy by any standards.

I think that with this conclusion, not all agree.
Take a simple thing is antique jewel released in small editions in the past.
Why increasing its price in time?  The answer is obvious - people know that this is a rare and  precious object..
Many would like to receive this object in the own  collection, but the number of these things greatly limited.
Now take the option with a crypto currency. The more coins into the system, the lower the price.
But most importantly, that any inflation will only scare away fans to invest in such a system.
It is a well known fact, you only need to look at this site http://coinmarketcap.com/currencies/views/filter-non-mineable/ to see this  

Then how do you secure a network with no reward for doing so?
At 2% it would take around 36 years to merely double the supply to 2M.
Everyone using CBX at this moment would probably have passed away before the 4M mark.
2% keeps CBX rare whilst giving the incentive to stake, secure the network and keep transactions running smoothly.

Bitcoin is currently inflating at over 9% annually and I see no lack of interest there.

[cryptohunter]

this is the only wallet i can't get to work on my machines.

It throws up some error after trying to sync for a while, i can't see the error just makes a twang sound and the error message is behind the cgb wallet pic.

c++runtime error or something i think i saw it mention before it closed?

[elambert]

this is the only wallet i can't get to work on my machines.

It throws up some error after trying to sync for a while, i can't see the error just makes a twang sound and the error message is behind the cgb wallet pic.

c++runtime error or something i think i saw it mention before it closed?

Sounds like you may have a corrupted file. First create a copy of your wallet.dat to your desktop. If you lose or delete this file, you will lose any CBX your Vault presently contains.

Now go ahead and delete all of your files from your roaming folder for Crypto Bullion. Then follow the step by step manual over at our forum here: http://forum.cryptobullion.io/index.php?topic=1455.0

This will lead you through the download process for the newest CBX Vault and also help you to insert a bootstrap of the blockchain so you do not have to sync from the genesis block.

After you are up and running and synchronized, shut down your Vault. Now go back to the roaming folder for CBX and replace the newly created wallet.dat from your download with the one you saved to your desktop from the first step.

[cryptohunter]

this is the only wallet i can't get to work on my machines.

It throws up some error after trying to sync for a while, i can't see the error just makes a twang sound and the error message is behind the cgb wallet pic.

c++runtime error or something i think i saw it mention before it closed?

Sounds like you may have a corrupted file. First create a copy of your wallet.dat to your desktop. If you lose or delete this file, you will lose any CBX your Vault presently contains. Now lets go ahead and delete all of your files from your roaming folder for Crypto Bullion. Then follow the step by step manual over at our forum here: http://forum.cryptobullion.io/index.php?topic=1455.0

This will lead you through the download process for the newest CBX Vault and also help you to insert a bootstrap of the blockchain so you do not have to sync from the genesis block.

After you are up and running and synchronized, shut down your Vault. Now go back to the roaming folder for CBX and replace the newly created wallet.dat from your download with the one you saved to your desktop from the first step.

ok thanks will give that a whirl now

[IMZ]

Sigh . . .

pulled the pin on the Cryptopia UNO/CBX experiment -- but still got some thousands of CBX and a current wallet! and the price held much better during the spike than a lot of coins.

Mark (IndiaMikeZulu), Australia

[fitinplace]

Hi CBX Members,  i had a few questions about specs.

1.  Confirm rewards?
3.  Minimum coin age till mature?
4.  Average reward?

Is this a question regarding current algo or upcoming PoSP?


Also, website is down temporarily for maintenance. Will notify once back up.

current and upcoming PoSP

1.  Confirm on received?
2.  Confirm on rewards?
3.  Minimum maturity?
4.  Average reward?

eta on posp = alert cryptopia
overview posp?

[elambert]

Current                                                                  
1. Confirm on received? 5 blocks                                                                   
2. Confirm on rewards? 5 blocks             
3. Minimum maturity? 5 blocks         
4. Average reward? 1.2% annual on older than 30 days; 1.5% annual on older than 90 days   

PoSP
1. Confirm on received? 5 blocks                                                                   
2. Confirm on rewards? 5 blocks             
3. Minimum maturity? 5 blocks             
4. Average reward? 2% annual of total money supply at time of block + transaction fees


PoSP scheduled for implementation in Q4 of 2015

PoSP Overview:
PoSP will insure that a 2% annual interest rate is always paid to the network, regardless of how many CBX are being staked at any given time allowing for a considerably higher interest rate to be awarded to those staking their CBX (consistently running the CBX Vault software).

[CapnBDL]

Do we have a date or block number for PoW shutdown?

[elambert]

Do we have a date or block number for PoW shutdown?

Not yet but we will give a full 2 weeks notice once we release the new Vault 2.0 so everyone will have time to update.

[Bracketer]

check out the faucet here:

http://bulliongalore.com/?id=3429

pays out .01  and is cashable right away.   referrals aren't bad either.

please use the link above   thank yoiu

[rossoalb]

Do we have a date or block number for PoW shutdown?

Not yet but we will give a full 2 weeks notice once we release the new Vault 2.0 so everyone will have time to update.

Thanks for the info

[cryptobullion.io]

Friendly reminder to those in the community interested in helping to spread CBX to those we previously could not reach.

Thank you to those who have already stepped up!


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