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

[m33]

dear bullionaire

do we have a chinese page for this , if needed pls pm i will get it done . as i have never done this sort of thing (transalation) please let me know what it should cost so that i dont over pay for it ...

[VonSpass]

dear bullionaire

do we have a chinese page for this , if needed pls pm i will get it done . as i have never done this sort of thing (transalation) please let me know what it should cost so that i dont over pay for it ...

Can you please PM me your skype handle so we can discuss this sort of thing; yes I think Chinese language would be very beneficial for CBX, we lost contact with our previous Rep in China.

Crypto Bullion in Chinese is 金银币; website URL for Mandarin is http://cryptobullion.io/cnhome-2/ but this page needs a deep review/rewrite.

(hey m33, looks like you will be legendary before me!)

[m33]

dear bullionaire

do we have a chinese page for this , if needed pls pm i will get it done . as i have never done this sort of thing (transalation) please let me know what it should cost so that i dont over pay for it ...

Can you please PM me your skype handle so we can discuss this sort of thing; yes I think Chinese language would be very beneficial for CBX, we lost contact with our previous Rep in China.

Crypto Bullion in Chinese is 金银币; website URL for Mandarin is http://cryptobullion.io/cnhome-2/ but this page needs a deep review/rewrite.

(hey m33, looks like you will be legendary before me!)

dear vonpass , i dont use skype , but if that the only thing that you use i will install it , are weekends good for you , meanwhile what do you think is a fair price for the transalation ??

[VonSpass]

dear bullionaire

do we have a chinese page for this , if needed pls pm i will get it done . as i have never done this sort of thing (transalation) please let me know what it should cost so that i dont over pay for it ...

Can you please PM me your skype handle so we can discuss this sort of thing; yes I think Chinese language would be very beneficial for CBX, we lost contact with our previous Rep in China.

Crypto Bullion in Chinese is 金银币; website URL for Mandarin is http://cryptobullion.io/cnhome-2/ but this page needs a deep review/rewrite.

(hey m33, looks like you will be legendary before me!)

dear vonpass , i dont use skype , but if that the only thing that you use i will install it , are weekends good for you , meanwhile what do you think is a fair price for the transalation ??

The CBX team uses skype as our internal communication tool, so it would be convenient if you were there as well

[BitcoinCharlie]

I'm not understanding the ins and outs of the PoSP system, but I noticed the daily staking rewards have decreased dramatically for having the wallet running. I used to receive 40 to 50 bits in a day and now its down to 15 to 20 bits.

What is the cause of that?

[FiniteByDesign]

I'm not understanding the ins and outs of the PoSP system, but I noticed the daily staking rewards have decreased dramatically for having the wallet running. I used to receive 40 to 50 bits in a day and now its down to 15 to 20 bits.

What is the cause of that?

The 2% annual network inflation is split among all online staking wallets. More online staking = lower reward and vice-versa. So basically more have their wallet online staking now so less reward to go around.

[BitcoinCharlie]

I'm not understanding the ins and outs of the PoSP system, but I noticed the daily staking rewards have decreased dramatically for having the wallet running. I used to receive 40 to 50 bits in a day and now its down to 15 to 20 bits.

What is the cause of that?

The 2% annual network inflation is split among all online staking wallets. More online staking = lower reward and vice-versa. So basically more have their wallet online staking now so less reward to go around.

That makes sense. Still liked the days at over 13%! 

[FiniteByDesign]

I'm not understanding the ins and outs of the PoSP system, but I noticed the daily staking rewards have decreased dramatically for having the wallet running. I used to receive 40 to 50 bits in a day and now its down to 15 to 20 bits.

What is the cause of that?

The 2% annual network inflation is split among all online staking wallets. More online staking = lower reward and vice-versa. So basically more have their wallet online staking now so less reward to go around.

That makes sense. Still liked the days at over 13%! 

Yes! Time for BPN!

[m33]

waiting for the cbx masternode to come long live bpn , may we take over the crypto world as the next most secure store of wealth

[Yannic]

I'm not understanding the ins and outs of the PoSP system, but I noticed the daily staking rewards have decreased dramatically for having the wallet running. I used to receive 40 to 50 bits in a day and now its down to 15 to 20 bits.

What is the cause of that?

I noticed that too since a week or two.
There is not many more wallet staking but there more in wallets tx amount that are staking.

Since 2 weeks, i'm not sure for small owners (with 500 CBX => 500 USD!!!) if it's worth the cost of stake.

As i see on the explorer to stake it's better to have 785 CBX or more in one transaction (but less than 1000 to prevent split).
In july with 500 CBX i get around 4 to 8 block per days, since end of july i got between 0 to 5 blocks per day.

I hope with BPN masternode the stake for small owners will not decrease drastically ( if "0 to 5 blocks per day" became "0 to 2 or 3 blocks per day" i will stop staking for sure and will try to buy/sell on topias to earn more cbx ) I dont have enough money to go to 785 CBX and as i tried even you run as Full Node with no limit of connexions or you run as Non-node (with very limited numbers of connexions) you get same.

[VonSpass]

I'm not understanding the ins and outs of the PoSP system, but I noticed the daily staking rewards have decreased dramatically for having the wallet running. I used to receive 40 to 50 bits in a day and now its down to 15 to 20 bits.

What is the cause of that?

I noticed that too since a week or two.
There is not many more wallet staking but there more in wallets tx amount that are staking.

Since 2 weeks, i'm not sure for small owners (with 500 CBX => 500 USD!!!) if it's worth the cost of stake.

As i see on the explorer to stake it's better to have 785 CBX or more in one transaction (but less than 1000 to prevent split).
In july with 500 CBX i get around 4 to 8 block per days, since end of july i got between 0 to 5 blocks per day.

I hope with BPN masternode the stake for small owners will not decrease drastically ( if "0 to 5 blocks per day" became "0 to 2 or 3 blocks per day" i will stop staking for sure and will try to buy/sell on topias to earn more cbx ) I dont have enough money to go to 785 CBX and as i tried even you run as Full Node with no limit of connexions or you run as Non-node (with very limited numbers of connexions) you get same.

Yes, but, don't forget that with Vault 3.0 you will need 2000 CBX to form a BPN since that option is winning the poll.

Does everybody have their 2000 CBX ready for a BPN?

[elambert]

I'm not understanding the ins and outs of the PoSP system, but I noticed the daily staking rewards have decreased dramatically for having the wallet running. I used to receive 40 to 50 bits in a day and now its down to 15 to 20 bits.

What is the cause of that?

The 2% annual network inflation is split among all online staking wallets. More online staking = lower reward and vice-versa. So basically more have their wallet online staking now so less reward to go around.

That makes sense. Still liked the days at over 13%!  

Well this is comparable if you view it in fiat terms. 13% cbx earnings at ~.50 cents usd per (before) versus 6% cbx earnings at > $1 per (current).

With new algo, PoSP will most likely drop to 3-6% projected annual earnings rate (currently 6-12% projected) and BPN will be a 9-18% projected earning rate. So yes, locking up your 2k CBX for a BPN while price is low before release may be a good idea.

[m33]

I'm not understanding the ins and outs of the PoSP system, but I noticed the daily staking rewards have decreased dramatically for having the wallet running. I used to receive 40 to 50 bits in a day and now its down to 15 to 20 bits.

What is the cause of that?

The 2% annual network inflation is split among all online staking wallets. More online staking = lower reward and vice-versa. So basically more have their wallet online staking now so less reward to go around.

That makes sense. Still liked the days at over 13%!  

Well this is comparable if you view it in fiat terms. 13% cbx earnings at ~.50 cents usd per (before) versus 6% cbx earnings at > $1 per (current).

With new algo, PoSP will most likely drop to 3-6% projected annual earnings rate (currently 6-12% projected) and BPN will be a 9-18% projected earning rate. So yes, locking up your 2k CBX for a BPN while price is low before release may be a good idea.

but for me its not possible as most of my cbx was bought from the last 60k sats break the wall event , still holding my 3500 cbx , looks like i need to buy a few more so that i can get two bpn

[BitcoinCharlie]

With new algo, PoSP will most likely drop to 3-6% projected annual earnings rate (currently 6-12% projected) and BPN will be a 9-18% projected earning rate. So yes, locking up your 2k CBX for a BPN while price is low before release may be a good idea.

So, with the new vault, a person doesn't have to specifically know how to run a node, the wallet takes care of all that for the user when he has it open and staking? (So long as there are 2,000 CBX available per node)

[m33]

With new algo, PoSP will most likely drop to 3-6% projected annual earnings rate (currently 6-12% projected) and BPN will be a 9-18% projected earning rate. So yes, locking up your 2k CBX for a BPN while price is low before release may be a good idea.

So, with the new vault, a person doesn't have to specifically know how to run a node, the wallet takes care of all that for the user when he has it open and staking? (So long as there are 2,000 CBX available per node)

do you mean to say there no extra setup ?? that would be way cool , as the current masternode all require alot of work to make it run properly , some with no support for windows or osx , in this case i think our adption rate will shoot through the roof ,

[BitcoinCharlie]

With new algo, PoSP will most likely drop to 3-6% projected annual earnings rate (currently 6-12% projected) and BPN will be a 9-18% projected earning rate. So yes, locking up your 2k CBX for a BPN while price is low before release may be a good idea.

So, with the new vault, a person doesn't have to specifically know how to run a node, the wallet takes care of all that for the user when he has it open and staking? (So long as there are 2,000 CBX available per node)

do you mean to say there no extra setup ?? that would be way cool , as the current masternode all require alot of work to make it run properly , some with no support for windows or osx , in this case i think our adption rate will shoot through the roof ,

I'm sorry, I'm not stating that as fact, I was asking it as a question to those who would know the answer.

[Abiky]

thanks you , for that i will make it a point to retweet it

You're welcome. Feel free to contact me anytime here via PM or over at Twitter via DM. Here's one of my tweets promoting CBX: https://twitter.com/Abiky7/status/896001948998131713

I will appreciate if you could help me retweet it, so that other people could get ahold of what's coming up for CBX. With the promising development that CBX has, it will surely become a highly valuable altcoin that will remain actively traded on the markets.

waiting for the cbx masternode to come long live bpn , may we take over the crypto world as the next most secure store of wealth

Me too. All of the upcoming features for CBX, makes it a very exciting cryptocurrency to hold on to for the long term. I remember when it was worth $0.25 over a year ago, and now it has gone way beyond the $1 range. Hopefully, with the addition of masternodes, the demand for CBX will increase, having a huge effect over its price due to its very limited supply.

[VonSpass]

Roadmap 2017 report!

Tying up loose ends and resolving nagging problems, as we are getting closer to Alpha testing...

The peer problem has been resolved; now the Vault 3.0 communicates perfectly with existing 2.4.3 Vaults - we have hit another stumbling block (!) with historic block 393, which is causing a problem to new Vault and we are addressing this before we can move on with the next step.

[BitcoinCharlie]

With new algo, PoSP will most likely drop to 3-6% projected annual earnings rate (currently 6-12% projected) and BPN will be a 9-18% projected earning rate. So yes, locking up your 2k CBX for a BPN while price is low before release may be a good idea.

So, with the new vault, a person doesn't have to specifically know how to run a node, the wallet takes care of all that for the user when he has it open and staking? (So long as there are 2,000 CBX available per node)

do you mean to say there no extra setup ?? that would be way cool , as the current masternode all require alot of work to make it run properly , some with no support for windows or osx , in this case i think our adption rate will shoot through the roof ,

I'm sorry, I'm not stating that as fact, I was asking it as a question to those who would know the answer.

Hi, can anyone answer my first question about the vault taking care of the master node setup and operation?

[elambert]

Hi, can anyone answer my first question about the vault taking care of the master node setup and operation?

Hello BitcoinCharlie,

Sorry for not getting you a response quicker to this. I have been travelling the past couple days and couldn't access bitcointalk via my cell phone due to an issue with the new captcha system.

Anyhow, no, the Vault will not handle the masternode setup and operation. This is certainly something we can look into but it will have to wait until the 2018 development plan.