m33
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Never invest with borrowed coins
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December 07, 2017, 10:48:53 AM |
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Roadmap 2017-2018 status report!Coding a complex masternode coin such as what CBX will be, while meeting some "outside requirements" is never an easy thing. Things are once again looking a lot better now than at the last post, however. The hashing issues we were having while wanting to keep the old blockchain were fourfold: to say it in crypto programming terms, they were: transaction offset problem, stake modifier problem, time spacing problem and checkpoint problem. I am being told that these 4 issues have now been addressed, and undergoing testing as we speak. Looks like we will be able to keep the old blockchain going, and, more importantly, it's not going to cost us too much precious time. I would like to welcome malafaya to the coding team. While very experienced outside crypto and a longtime fan of Crypto Bullion, malafaya is a programmer who wanted to know more about the intrincasies of crypo coding. He has accepted to give us a hand with this project, and his contribution can be felt significantly already. Alex4J will continue to be the main coding developer of the Crypto Bullion project. Good luck with this challenge, malafaya! congrats on getting another coder to help, and i wish you well malafaya, keep up the good works and may you touch bring us more blessing.
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FiniteByDesign
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December 07, 2017, 02:33:57 PM |
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Welcome malafaya! Great news!
Sounds like we are getting close...
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jcarl987
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December 08, 2017, 03:06:47 PM |
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I love how almost everyone posting on this thread is a hero or legendary member. Speaks volumes about the quality of the coin that so many oldtimers are still holding.
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m33
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Activity: 1064
Merit: 1000
Never invest with borrowed coins
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December 08, 2017, 03:18:58 PM |
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I love how almost everyone posting on this thread is a hero or legendary member. Speaks volumes about the quality of the coin that so many oldtimers are still holding.
you got that right buddy welcome to the Club Bullionaires, this coin has all the correct features and seriously under value
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salary123
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December 08, 2017, 03:20:38 PM |
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It's not until 2018 that I wonder whether the authors plan to sign in to the new platform or not, and adding some platforms on a regular basis will help increase traffic and allow everyone involved
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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December 08, 2017, 11:21:06 PM |
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Just out of interest which came first pos3 or posp?
I would say, about the same time. Just as we had launched our own implementation of a coin-age-less staking algorithm, we came across Blackcoin's PoS3 which had just come out. PoSP provides excellent solutions in efficiency, decentralization and economic value.You explain is still difficult to understand POSP
Well, biggest strong point of CBX and PoSP is that it allows investors to earn much more than inflation of yearly percentage return from their investment, using a coin that has a low inflation at 2%. With PoS"P", people are rewarded for "P"articipating in the overall network - it is only those that keep their Vaults open and do stake who will receive rewards for participating. that is rather impressive then because rat4 is often regarded the top pos dev here on this board... but if you guys didnt just modify his code and came up with something so similar at the same time that demonstrates you have a high caliber POS developer onboard. that counts for a lot.
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 09, 2017, 05:18:13 AM |
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Legendary Crypto Bullion. Instant Classic. Just having fun guys.
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VonSpass
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December 09, 2017, 06:37:44 AM Last edit: December 09, 2017, 05:24:53 PM by VonSpass |
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Just out of interest which came first pos3 or posp?
I would say, about the same time. Just as we had launched our own implementation of a coin-age-less staking algorithm, we came across Blackcoin's PoS3 which had just come out. PoSP provides excellent solutions in efficiency, decentralization and economic value.You explain is still difficult to understand POSP
Well, biggest strong point of CBX and PoSP is that it allows investors to earn much more than inflation of yearly percentage return from their investment, using a coin that has a low inflation at 2%. With PoS"P", people are rewarded for "P"articipating in the overall network - it is only those that keep their Vaults open and do stake who will receive rewards for participating. that is rather impressive then because rat4 is often regarded the top pos dev here on this board... but if you guys didnt just modify his code and came up with something so similar at the same time that demonstrates you have a high caliber POS developer onboard. that counts for a lot. OK. If this is important, then I have good news for you: here is how it happened: Already, back in 2015, the altcoin cryptosphere was already so big, that we could not possibly know of everything going on in all other coins. So I had no idea what was going on with Blackcoin and PoS3, this is back in 2015... elambert imagined re-engineering CBX, a PoW/PoS hybrid at the time, to 1) removing PoW and becoming a 100% PoS coin which was already a big step (ethical and ecological) and 2) creating an algorithm where people are rewarded for "P"articipating to the network, a novel idea at the time - essentially removing coin-age from PoS. Then, right at the same time (to make things interesting) we lost our main programmer, raizor, who went for another project. We do have to credit raizor for the name "PoSP", however. I was introduced to Alex4J, ( here) who, I could see, was a programmer genius and he accepted this challenge of making elambert's vision a reality; and I can confirm that he did create PoSP from scratch.
There were some hickups at the very beginning (there always are) we had to rush a 2nd hard fork (countless hours of work from Alex4J) to a stalled CBX network, but, in the end, PoSP was born! PoSP is elambert's idea and Alex4J's accomplishment, and nobody else's.
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cryptohunter
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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December 09, 2017, 10:56:30 AM |
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Just out of interest which came first pos3 or posp?
I would say, about the same time. Just as we had launched our own implementation of a coin-age-less staking algorithm, we came across Blackcoin's PoS3 which had just come out. PoSP provides excellent solutions in efficiency, decentralization and economic value.You explain is still difficult to understand POSP
Well, biggest strong point of CBX and PoSP is that it allows investors to earn much more than inflation of yearly percentage return from their investment, using a coin that has a low inflation at 2%. With PoS"P", people are rewarded for "P"articipating in the overall network - it is only those that keep their Vaults open and do stake who will receive rewards for participating. that is rather impressive then because rat4 is often regarded the top pos dev here on this board... but if you guys didnt just modify his code and came up with something so similar at the same time that demonstrates you have a high caliber POS developer onboard. that counts for a lot. OK. If this is important, then I have good news for you: here is how it happened: Already, back in 2015, the altcoin cryptosphere was already so big, that we could not possibly know of everything going on in all other coins. So I had no idea what was going on with Blackcoin and PoS3, this is back in 2015... elambert imagined re-engineering CBX, a PoW/PoS hybrid at the time, to 1) removing PoW and becoming a 100% PoS coin which was already a big step (ethical and ecological) and 2) creating an algorithm where people are rewarded for "P"articipating to the network, a novel idea at the time - essentially removing coin-age from PoS. Then, right at the same time (to make things interesting) we lost our main programmer, raizor, who went for another project. We do have to credit raizor for the name "PoSP", however. I was introduced to Alex4J, ( here) which I could see was a programmer genius and he accepted this challenge of making elambert's vision a reality; and I can confirm that he did create PoSP from scratch.
There were some hickups at the very beginning (there always are) we had to rush a 2nd hard fork (countless hours of work from Alex4J) to a stalled CBX network, but, in the end, PoSP was born! PoSP is elambert's idea and Alex4J's accomplishment, and nobody else's.It's always good to have a core dev who understands POS to a deep level. A lot of projects do not have this skillset. That's impressive stuff and gives me confidence that this project can advance further than most other pos coins on this board. Coupled with a proven leadership that has always been here since 2014 that has stuck with their project then this is looking more and more like a strong contender for a big come back. I look forward to the fruition of some of the road map. I think once people see that then they will be jumping in with both feet.
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m33
Legendary
Offline
Activity: 1064
Merit: 1000
Never invest with borrowed coins
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December 09, 2017, 12:21:46 PM |
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Just out of interest which came first pos3 or posp?
I would say, about the same time. Just as we had launched our own implementation of a coin-age-less staking algorithm, we came across Blackcoin's PoS3 which had just come out. PoSP provides excellent solutions in efficiency, decentralization and economic value.You explain is still difficult to understand POSP
Well, biggest strong point of CBX and PoSP is that it allows investors to earn much more than inflation of yearly percentage return from their investment, using a coin that has a low inflation at 2%. With PoS"P", people are rewarded for "P"articipating in the overall network - it is only those that keep their Vaults open and do stake who will receive rewards for participating. that is rather impressive then because rat4 is often regarded the top pos dev here on this board... but if you guys didnt just modify his code and came up with something so similar at the same time that demonstrates you have a high caliber POS developer onboard. that counts for a lot. OK. If this is important, then I have good news for you: here is how it happened: Already, back in 2015, the altcoin cryptosphere was already so big, that we could not possibly know of everything going on in all other coins. So I had no idea what was going on with Blackcoin and PoS3, this is back in 2015... elambert imagined re-engineering CBX, a PoW/PoS hybrid at the time, to 1) removing PoW and becoming a 100% PoS coin which was already a big step (ethical and ecological) and 2) creating an algorithm where people are rewarded for "P"articipating to the network, a novel idea at the time - essentially removing coin-age from PoS. Then, right at the same time (to make things interesting) we lost our main programmer, raizor, who went for another project. We do have to credit raizor for the name "PoSP", however. I was introduced to Alex4J, ( here) which I could see was a programmer genius and he accepted this challenge of making elambert's vision a reality; and I can confirm that he did create PoSP from scratch.
There were some hickups at the very beginning (there always are) we had to rush a 2nd hard fork (countless hours of work from Alex4J) to a stalled CBX network, but, in the end, PoSP was born! PoSP is elambert's idea and Alex4J's accomplishment, and nobody else's.It's always good to have a core dev who understands POS to a deep level. A lot of projects do not have this skillset. That's impressive stuff and gives me confidence that this project can advance further than most other pos coins on this board. Coupled with a proven leadership that has always been here since 2014 that has stuck with their project then this is looking more and more like a strong contender for a big come back. I look forward to the fruition of some of the road map. I think once people see that then they will be jumping in with both feet. i saw that that, that why i will be jumping in with both feet an hands. great team plus founders are hee to stay
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elambert
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December 09, 2017, 11:07:58 PM |
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A well deserved shout out to malafaya! Your long term support has been phenomenal and you have managed to kick it up a notch by partnering with Alex4j in the coding department. We are extremely fortunate to have your talents, dedication and meticulous attention to detail as an integral part of our team and community. Thank you!
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cryptohunter
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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December 10, 2017, 10:44:38 AM |
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A well deserved shout out to malafaya! Your long term support has been phenomenal and you have managed to kick it up a notch by partnering with Alex4j in the coding department. We are extremely fortunate to have your talents, dedication and meticulous attention to detail as an integral part of our team and community. Thank you!
Yes, because if alex already created posp himself and we have now a 2nd coder of great skill too that is far more than 99% of projects here have and cbx is valued less than 99% recognised of projects here.... i see therefore a big correction coming in the near future.
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FiniteRed
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December 10, 2017, 11:18:39 AM |
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Morning all As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion: There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...
To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.
The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones. Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in FR
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[G]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ] ~ [ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[H]
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 10, 2017, 03:12:33 PM |
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Locking coins = masternode equivalent = bullion participation node.
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Cbx.Bet
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December 10, 2017, 03:59:48 PM |
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This could move the problem at the end of the lockout period.
In addition it would have to estimate the CBX lost, to have an idea of the available cbx, in my opinion they are more important than the big wallets.
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edgar
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Activity: 1848
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December 10, 2017, 04:41:41 PM |
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binned mine... sick of the 'wallet'
wish you all the best!!
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m33
Legendary
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Activity: 1064
Merit: 1000
Never invest with borrowed coins
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December 11, 2017, 06:34:38 AM |
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Morning all As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion: There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...
To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.
The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones. Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in FR does this mean that when we start a masternode for cbx, like power up of steam dollars, and when we want to release from the masternode need to power down, time frame like in steemit also
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disloyalrequests
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December 11, 2017, 11:26:27 PM |
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I hope to invest in this wonderful project.
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cryptohunter
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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December 11, 2017, 11:33:02 PM |
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Morning all As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion: There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...
To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.
The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones. Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in FR does this mean that when we start a masternode for cbx, like power up of steam dollars, and when we want to release from the masternode need to power down, time frame like in steemit also I don't think the answer is forceable lock down of coins. I think the answer is increasing incentive to accumulate and hold and punishments for rapid dumping. I have already posted some nice ideas that I know some other huge projects are working on too. If we could implement these then we would be top 100 bound very quickly.
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m33
Legendary
Offline
Activity: 1064
Merit: 1000
Never invest with borrowed coins
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December 12, 2017, 01:25:02 AM |
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Morning all As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion: There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...
To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.
The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones. Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in FR does this mean that when we start a masternode for cbx, like power up of steam dollars, and when we want to release from the masternode need to power down, time frame like in steemit also I don't think the answer is forceable lock down of coins. I think the answer is increasing incentive to accumulate and hold and punishments for rapid dumping. I have already posted some nice ideas that I know some other huge projects are working on too. If we could implement these then we would be top 100 bound very quickly. sorry i might have miss your post but is it possible to give a link so that i can have a read what your ideas are , thanks a bullion for the ideas
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