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Author Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published  (Read 359442 times)
shveicar
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July 15, 2017, 06:32:23 PM
 #3941

So you mean that you upgrade your POsP of this coin and the addition of BPN will not change the theoretical inflation rate of 2%?

The values themselves are not yet set on stone, but the BPN should follow the same basic rules as other nodes: more running BPNs, less personal gains per BPN, same inflation. You can read more about the current proposal here: https://bitcointalk.org/index.php?topic=951753.msg20114595#msg20114595.

White paper will be released shortly and explain extensively.

Thank you, I will study your White Paper when it is published.

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Killiz
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July 17, 2017, 01:03:02 AM
Last edit: July 17, 2017, 01:14:59 AM by Killiz
 #3942

So you mean that you upgrade your POsP of this coin and the addition of BPN will not change the theoretical inflation rate of 2%?

The values themselves are not yet set on stone, but the BPN should follow the same basic rules as other nodes: more running BPNs, less personal gains per BPN, same inflation. You can read more about the current proposal here: https://bitcointalk.org/index.php?topic=951753.msg20114595#msg20114595.

White paper will be released shortly and explain extensively.

Looking forward to reading!

Would it be possible to have 2 tiers of BPN's?

I ask this, as it may be easily achievable for some of the community to lock 1-2k of their funds away to run a node, but not so achievable for the majority. Especially as the price rises in the near future.

CBX has some strong followers, who have been around for years. Not all have been able to gather such a balance of CBX, or would be able to gather the funds to run a node in the future if the bar was set too high.

How hard would it be to, lets say, have 'Super/Major/Master Bullion Participation nodes' as well as regular BPN's?

If you were to set aside, as you mentioned in a previous post, 250k CBX for BPN.

125k to Super nodes

125k to normal

Lets suggest 5000 CBX to run a Super BPN = 25 available nodes

500 CBX to run a normal BPN = 300 available nodes

Even with the lower Tier at 500 CBX, I can see this rapidly moving out of most peoples reach in the not so distant future, so why not give everyone a fair chance at getting on board.

With this approach, the large holders would be more likely to lock away their balance using a SBPN, rather than a BPN, taking a larger portion of their CBX off the market, while allowing a larger portion of the community to participate in running a node themselves, thus taking a very large portion of the small holders (disposable!) CBX off the market.

Percentages wouldn't need to differ so much. Maybe an extra 0.5% -1% on a SBPN over a BPN, (0.5%-1% extra reward on a 5k node is pretty nice), but obviously maintaining the the baseline network annual reward.

Not sure how complicated this would be, or even if it is achievable

Just a little thought nevertheless






m33
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July 17, 2017, 03:03:31 AM
 #3943

So you mean that you upgrade your POsP of this coin and the addition of BPN will not change the theoretical inflation rate of 2%?

The values themselves are not yet set on stone, but the BPN should follow the same basic rules as other nodes: more running BPNs, less personal gains per BPN, same inflation. You can read more about the current proposal here: https://bitcointalk.org/index.php?topic=951753.msg20114595#msg20114595.

White paper will be released shortly and explain extensively.

Looking forward to reading!

Would it be possible to have 2 tiers of BPN's?

I ask this, as it may be easily achievable for some of the community to lock 1-2k of their funds away to run a node, but not so achievable for the majority. Especially as the price rises in the near future.

CBX has some strong followers, who have been around for years. Not all have been able to gather such a balance of CBX, or would be able to gather the funds to run a node in the future if the bar was set too high.

How hard would it be to, lets say, have 'Super/Major/Master Bullion Participation nodes' as well as regular BPN's?

If you were to set aside, as you mentioned in a previous post, 250k CBX for BPN.

125k to Super nodes

125k to normal

Lets suggest 5000 CBX to run a Super BPN = 25 available nodes

500 CBX to run a normal BPN = 300 available nodes

Even with the lower Tier at 500 CBX, I can see this rapidly moving out of most peoples reach in the not so distant future, so why not give everyone a fair chance at getting on board.

With this approach, the large holders would be more likely to lock away their balance using a SBPN, rather than a BPN, taking a larger portion of their CBX off the market, while allowing a larger portion of the community to participate in running a node themselves, thus taking a very large portion of the small holders (disposable!) CBX off the market.

Percentages wouldn't need to differ so much. Maybe an extra 0.5% -1% on a SBPN over a BPN, (0.5%-1% extra reward on a 5k node is pretty nice), but obviously maintaining the the baseline network annual reward.

Not sure how complicated this would be, or even if it is achievable

Just a little thought nevertheless









Dear fellow bullionaire,
The extra one 1% will not do , ppl will just split it up to 10 Bpn of 500 , that number will have to be better for ppl to consider. The problem of maths .
Your fellow bullionaire
m33

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Fredomago
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July 17, 2017, 03:14:03 AM
 #3944

So you mean that you upgrade your POsP of this coin and the addition of BPN will not change the theoretical inflation rate of 2%?

The values themselves are not yet set on stone, but the BPN should follow the same basic rules as other nodes: more running BPNs, less personal gains per BPN, same inflation. You can read more about the current proposal here: https://bitcointalk.org/index.php?topic=951753.msg20114595#msg20114595.

White paper will be released shortly and explain extensively.

Thank you, I will study your White Paper when it is published.
hey guys any updates regarding to this white paper i'm also interested to read some good features and plan regarding to this project
one of the old project which still alive by now, maybe its time to bring more updates to its supporters to attract more investors.

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edgar
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July 17, 2017, 06:39:27 AM
 #3945

Ewww.. gross!!

You've been 'visited' by the shvittiest group in crypto - i wont mention their name but you might want to rinse yourselves clean of the filth masquerading as concern/interest.
kr3gg
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July 17, 2017, 07:44:45 AM
 #3946

Hi!

I can not sync my cbx vault for two months. I download botstrap and change folder and file from zip archive. After this sync completed on 70%, but after 5 min it rolled back to 48%.

Guys, it is not okay. For 2 month valet was sync only on 48%.
weakhand
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July 17, 2017, 09:19:04 AM
 #3947

Ewww.. gross!!

You've been 'visited' by the shvittiest group in crypto - i wont mention their name but you might want to rinse yourselves clean of the filth masquerading as concern/interest.

do you mean there was a well-known pump group involved in the price spike?

it is ok even if so, volume got us noticed & masternodes/BPNs have something of the self-fulfilling prophecy about them

getting in at this stage before whitepaper and before BPN implementation seems like a good thing. 

elambert
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July 17, 2017, 02:28:44 PM
 #3948

Looking forward to reading!

Would it be possible to have 2 tiers of BPN's?

I ask this, as it may be easily achievable for some of the community to lock 1-2k of their funds away to run a node, but not so achievable for the majority. Especially as the price rises in the near future.

CBX has some strong followers, who have been around for years. Not all have been able to gather such a balance of CBX, or would be able to gather the funds to run a node in the future if the bar was set too high.

How hard would it be to, lets say, have 'Super/Major/Master Bullion Participation nodes' as well as regular BPN's?

If you were to set aside, as you mentioned in a previous post, 250k CBX for BPN.

125k to Super nodes

125k to normal

Lets suggest 5000 CBX to run a Super BPN = 25 available nodes

500 CBX to run a normal BPN = 300 available nodes

Even with the lower Tier at 500 CBX, I can see this rapidly moving out of most peoples reach in the not so distant future, so why not give everyone a fair chance at getting on board.

With this approach, the large holders would be more likely to lock away their balance using a SBPN, rather than a BPN, taking a larger portion of their CBX off the market, while allowing a larger portion of the community to participate in running a node themselves, thus taking a very large portion of the small holders (disposable!) CBX off the market.

Percentages wouldn't need to differ so much. Maybe an extra 0.5% -1% on a SBPN over a BPN, (0.5%-1% extra reward on a 5k node is pretty nice), but obviously maintaining the the baseline network annual reward.

Not sure how complicated this would be, or even if it is achievable

Just a little thought nevertheless

Thank you for the input. We will continue to analyze and evolve the algo as time goes by but that will be in 2018. We have a lot packed into the 2017 road-map so we need to adhere closely to it. Please keep these thoughts going though!
elambert
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July 17, 2017, 02:29:58 PM
 #3949

hey guys any updates regarding to this white paper i'm also interested to read some good features and plan regarding to this project
one of the old project which still alive by now, maybe its time to bring more updates to its supporters to attract more investors.

Whit paper rough draft is complete, still needs a few revisions though and some graphs added in. Will publish as soon as possible but time is near.
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July 17, 2017, 02:31:45 PM
 #3950

Hi!

I can not sync my cbx vault for two months. I download botstrap and change folder and file from zip archive. After this sync completed on 70%, but after 5 min it rolled back to 48%.

Guys, it is not okay. For 2 month valet was sync only on 48%.

Are you using the newest version of the Vault? Backup your wallet.dat and re-download all of the CBX files. Then insert the bootstrap download and your wallet.dat.

Please report back.
elambert
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July 17, 2017, 02:32:37 PM
 #3951

Ewww.. gross!!

You've been 'visited' by the shvittiest group in crypto - i wont mention their name but you might want to rinse yourselves clean of the filth masquerading as concern/interest.

do you mean there was a well-known pump group involved in the price spike?

it is ok even if so, volume got us noticed & masternodes/BPNs have something of the self-fulfilling prophecy about them

getting in at this stage before whitepaper and before BPN implementation seems like a good thing. 



I think this is in reference to a thread visit from another crypto team member.
Killiz
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July 17, 2017, 03:19:14 PM
 #3952

Looking forward to reading!

Would it be possible to have 2 tiers of BPN's?

I ask this, as it may be easily achievable for some of the community to lock 1-2k of their funds away to run a node, but not so achievable for the majority. Especially as the price rises in the near future.

CBX has some strong followers, who have been around for years. Not all have been able to gather such a balance of CBX, or would be able to gather the funds to run a node in the future if the bar was set too high.

How hard would it be to, lets say, have 'Super/Major/Master Bullion Participation nodes' as well as regular BPN's?

If you were to set aside, as you mentioned in a previous post, 250k CBX for BPN.

125k to Super nodes

125k to normal

Lets suggest 5000 CBX to run a Super BPN = 25 available nodes

500 CBX to run a normal BPN = 300 available nodes

Even with the lower Tier at 500 CBX, I can see this rapidly moving out of most peoples reach in the not so distant future, so why not give everyone a fair chance at getting on board.

With this approach, the large holders would be more likely to lock away their balance using a SBPN, rather than a BPN, taking a larger portion of their CBX off the market, while allowing a larger portion of the community to participate in running a node themselves, thus taking a very large portion of the small holders (disposable!) CBX off the market.

Percentages wouldn't need to differ so much. Maybe an extra 0.5% -1% on a SBPN over a BPN, (0.5%-1% extra reward on a 5k node is pretty nice), but obviously maintaining the the baseline network annual reward.

Not sure how complicated this would be, or even if it is achievable

Just a little thought nevertheless

Thank you for the input. We will continue to analyze and evolve the algo as time goes by but that will be in 2018. We have a lot packed into the 2017 road-map so we need to adhere closely to it. Please keep these thoughts going though!

Sure thing. Understood you will all be very busy and that's appreciated.  Just shooting a few ideas  Smiley
jennywhzz
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July 17, 2017, 04:02:49 PM
 #3953

Ewww.. gross!!

You've been 'visited' by the shvittiest group in crypto - i wont mention their name but you might want to rinse yourselves clean of the filth masquerading as concern/interest.

do you mean there was a well-known pump group involved in the price spike?

it is ok even if so, volume got us noticed & masternodes/BPNs have something of the self-fulfilling prophecy about them

getting in at this stage before whitepaper and before BPN implementation seems like a good thing. 



I have been away from CBX for quite a long time now and seeing the price spike i decided to look back at CBX. So if anyone can tell me whats the currecnt price of CBX. The time i left CBX, it was near 12000 SAT only  Sad
Killiz
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July 17, 2017, 04:41:51 PM
 #3954

Ewww.. gross!!

You've been 'visited' by the shvittiest group in crypto - i wont mention their name but you might want to rinse yourselves clean of the filth masquerading as concern/interest.

do you mean there was a well-known pump group involved in the price spike?

it is ok even if so, volume got us noticed & masternodes/BPNs have something of the self-fulfilling prophecy about them

getting in at this stage before whitepaper and before BPN implementation seems like a good thing. 



I have been away from CBX for quite a long time now and seeing the price spike i decided to look back at CBX. So if anyone can tell me whats the currecnt price of CBX. The time i left CBX, it was near 12000 SAT only  Sad

Hi jennywhzz

You can find what you are looking for here https://www.cryptopia.co.nz/Exchange?market=CBX_BTC
Killiz
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July 17, 2017, 09:42:33 PM
 #3955

Hi!

I can not sync my cbx vault for two months. I download botstrap and change folder and file from zip archive. After this sync completed on 70%, but after 5 min it rolled back to 48%.

Guys, it is not okay. For 2 month valet was sync only on 48%.


I've uploaded my most recent backup to Dropbox https://www.dropbox.com/s/e3su0fnsqop4z3c/CBXBootstrap.rar?dl=0

I last backed up 2 or 3 days ago, so should only take minutes to sync.
kr3gg
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July 18, 2017, 09:16:01 AM
 #3956

Hi!

I can not sync my cbx vault for two months. I download botstrap and change folder and file from zip archive. After this sync completed on 70%, but after 5 min it rolled back to 48%.

Guys, it is not okay. For 2 month valet was sync only on 48%.

Are you using the newest version of the Vault? Backup your wallet.dat and re-download all of the CBX files. Then insert the bootstrap download and your wallet.dat.

Please report back.

Yes, I have the newest version (2.4.3). Problem is not solved. (Windows valet). Please give me manual (step by step), how install bootstrap.
Killiz
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July 18, 2017, 09:22:44 AM
Last edit: July 18, 2017, 09:49:15 AM by Killiz
 #3957

Hi!

I can not sync my cbx vault for two months. I download botstrap and change folder and file from zip archive. After this sync completed on 70%, but after 5 min it rolled back to 48%.

Guys, it is not okay. For 2 month valet was sync only on 48%.

Are you using the newest version of the Vault? Backup your wallet.dat and re-download all of the CBX files. Then insert the bootstrap download and your wallet.dat.

Please report back.

Yes, I have the newest version (2.4.3). Problem is not solved. (Windows valet). Please give me manual (step by step), how install bootstrap.


Click on the Windows icon bottom left of your screen.

In the box type %appdata%

Click on roaming folder

Cryptobullion

Delete everything apart from your wallet.dat

Extract bootstrap into folder

Run client

kr3gg
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July 18, 2017, 11:00:04 AM
Last edit: July 18, 2017, 11:33:23 AM by kr3gg
 #3958

Hi!

I can not sync my cbx vault for two months. I download botstrap and change folder and file from zip archive. After this sync completed on 70%, but after 5 min it rolled back to 48%.

Guys, it is not okay. For 2 month valet was sync only on 48%.

Are you using the newest version of the Vault? Backup your wallet.dat and re-download all of the CBX files. Then insert the bootstrap download and your wallet.dat.

Please report back.

Yes, I have the newest version (2.4.3). Problem is not solved. (Windows valet). Please give me manual (step by step), how install bootstrap.


Click on the Windows icon bottom left of your screen.

In the box type %appdata%

Click on roaming folder

Cryptobullion

Delete everything apart from your wallet.dat

Extract bootstrap into folder

Run client


[/]

Thank you. It works, but Export button is locked. How can I export my backup wallet?
BitcoinCharlie
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July 18, 2017, 11:28:15 AM
 #3959


Thank you. It helped, but wallet is not staking. Sad
Did you put in your password to unlock the wallet for staking only?

Unobtanium - The crypto commodity you keep! |
Hate Inflation? You'll love $UNO
Killiz
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July 18, 2017, 11:32:36 AM
 #3960

Hi!

I can not sync my cbx vault for two months. I download botstrap and change folder and file from zip archive. After this sync completed on 70%, but after 5 min it rolled back to 48%.

Guys, it is not okay. For 2 month valet was sync only on 48%.

Are you using the newest version of the Vault? Backup your wallet.dat and re-download all of the CBX files. Then insert the bootstrap download and your wallet.dat.

Please report back.

Yes, I have the newest version (2.4.3). Problem is not solved. (Windows valet). Please give me manual (step by step), how install bootstrap.


Click on the Windows icon bottom left of your screen.

In the box type %appdata%

Click on roaming folder

Cryptobullion

Delete everything apart from your wallet.dat

Extract bootstrap into folder

Run client




Thank you. It helped, but wallet is not staking. Sad

No problem.


If your vault is encrypted, make sure you unlock for staking. Pressing 'enter' after putting in your password won't unlock it. You must choose one of the options. Click on 'unlock for staking only'.

The amount of CBX you have will affect the frequency of staking a block.
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