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Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 119. (Read 359514 times)

hero member
Activity: 644
Merit: 500
good to know that new bootstrap works well I just recreated my wallet since my laptop went down and I needed to reformat my system thanks dev it was easy now.
legendary
Activity: 1397
Merit: 1022
Thank you for new bootstrap!
legendary
Activity: 1696
Merit: 1008
Regarding the 50% profit from your CBX yearly , it is not my words , I just said what elambert said , why not ? That is better for all holders , this what elambert posted a few pages before , maybe I have misunderstood , if yes , please make it clear for me.
Difficulty is extremely low! Right now you can stake and earn 50% per year interest on your CBX while inflation remains at 2% per year. This is PoSP at work, take advantage.

his meaning is while the yearly inflation will always be 2% max, PoSP stakers when the difficulty was low were staking with as little as 1 CBX inputs Wink  so at the time they were getting more, eg if they stake 12 blocks they would have made 0.5CBX from the 1 CBX stake, after 25 blocks stake they would have made 1 CBX from their 1 CBX input,  at low difficulty it was easier for small sized stakes to get a block more frequently , so they were effectively earning 50% or more annually on that block.  Its just a calculation Smiley

Guys, at that particular time difficulty was so low (so few CBX being staked) that 50% yearly interest was the payout. PoSP operates on a sliding scale where the payout percentage adjusts according to how many CBX are staking at a particular time. That being said, CBX inflation will never change from the 2% per year that has been set in stone since inception, this is healthy. Payout will constantly change in accordance to how many CBX are being staked.

Also, bootstrap is now updated on the website Smiley
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
let see how the dev will update us its very high in terms of staking so we better make it sure guys.
legendary
Activity: 1672
Merit: 1010
Regarding the 50% profit from your CBX yearly , it is not my words , I just said what elambert said , why not ? That is better for all holders , this what elambert posted a few pages before , maybe I have misunderstood , if yes , please make it clear for me.
Difficulty is extremely low! Right now you can stake and earn 50% per year interest on your CBX while inflation remains at 2% per year. This is PoSP at work, take advantage.

his meaning is while the yearly inflation will always be 2% max, PoSP stakers when the difficulty was low were staking with as little as 1 CBX inputs Wink  so at the time they were getting more, eg if they stake 12 blocks they would have made 0.5CBX from the 1 CBX stake, after 25 blocks stake they would have made 1 CBX from their 1 CBX input,  at low difficulty it was easier for small sized stakes to get a block more frequently , so they were effectively earning 50% or more annually on that block.  Its just a calculation Smiley
legendary
Activity: 1960
Merit: 1010
Regarding the 50% profit from your CBX yearly , it is not my words , I just said what elambert said , why not ? That is better for all holders , this what elambert posted a few pages before , maybe I have misunderstood , if yes , please make it clear for me.
Difficulty is extremely low! Right now you can stake and earn 50% per year interest on your CBX while inflation remains at 2% per year. This is PoSP at work, take advantage.

Hmm, strange that he writes that. But I think it was probably a very short period in which not many others were staking then.
I'm 99.9 % sure there won't be any system developed to make it that way. The new staking system is already in place. He probably will comment.
hero member
Activity: 826
Merit: 523
Regarding the 50% profit from your CBX yearly , it is not my words , I just said what elambert said , why not ? That is better for all holders , this what elambert posted a few pages before , maybe I have misunderstood , if yes , please make it clear for me.
Difficulty is extremely low! Right now you can stake and earn 50% per year interest on your CBX while inflation remains at 2% per year. This is PoSP at work, take advantage.
sr. member
Activity: 434
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
Hello. I have 200+ CBX and want to increase them by staking. can someone tell me how much can I get by staking them?
and how the staking system works? is there any specific link or thread where I can know the percentage and time of rewards? is crypto bullion reward stakers weekly bases or monthly bases?

I think it is better to wait until the devs team release the new version of CBX , the new staking system will give you the chance to make up to 50% profit from staking your coins , the devs team are working hard to release it . At present , staking is not much profitable , but soon sure it will be , and CBX has bright future , so hold your coins and stay tuned .

This information is incorrect. CBX will never install a system that will generate 50% profit.

Inflation is 2 % per year over the total network at max. The only reason people can earn ~8-15% is because many coins are not being staked so that part goes to people who do actively stake them.

Correct. 50% profit is too much for staking CBX. I can only earn around 0.80% per month during the past few months and others have posted their staking rewards as well (probably dozens of pages away) and they're having the around the same figure as I have.
hero member
Activity: 644
Merit: 500
Hello. I have 200+ CBX and want to increase them by staking. can someone tell me how much can I get by staking them?
and how the staking system works? is there any specific link or thread where I can know the percentage and time of rewards? is crypto bullion reward stakers weekly bases or monthly bases?


CBX staking gains are reasonable, from 5% to 15% depemding on network status; mostly around 8%, while inflation of whole money offer is 2%

New hard fork will attribute a part of the tx fees to block winner, again making gains more interesting while not increasing inflation.

http://cryptobullion.io/white-paper/

nice update ben thanks for showing up and giving some light from those who already been demotivated since the price keeps moving down. I see how hard you work for it. good luck buddy.
legendary
Activity: 1960
Merit: 1010
Hello. I have 200+ CBX and want to increase them by staking. can someone tell me how much can I get by staking them?
and how the staking system works? is there any specific link or thread where I can know the percentage and time of rewards? is crypto bullion reward stakers weekly bases or monthly bases?

I think it is better to wait until the devs team release the new version of CBX , the new staking system will give you the chance to make up to 50% profit from staking your coins , the devs team are working hard to release it . At present , staking is not much profitable , but soon sure it will be , and CBX has bright future , so hold your coins and stay tuned .

This information is incorrect. CBX will never install a system that will generate 50% profit.

Inflation is 2 % per year over the total network at max. The only reason people can earn ~8-15% is because many coins are not being staked so that part goes to people who do actively stake them.
hero member
Activity: 728
Merit: 500
Hello. I have 200+ CBX and want to increase them by staking. can someone tell me how much can I get by staking them?
and how the staking system works? is there any specific link or thread where I can know the percentage and time of rewards? is crypto bullion reward stakers weekly bases or monthly bases?


At current rate you'll get around 2 CBX per month in staking. The more CBX you keep staking the higher the your staking earnings will be but it will be proportional to that figure. BUT wait til the hardfork as it will give in more rewards without increasing the rate of inflation.

legendary
Activity: 894
Merit: 1064
Hello. I have 200+ CBX and want to increase them by staking. can someone tell me how much can I get by staking them?
and how the staking system works? is there any specific link or thread where I can know the percentage and time of rewards? is crypto bullion reward stakers weekly bases or monthly bases?


CBX staking gains are reasonable, from 5% to 15% depemding on network status; mostly around 8%, while inflation of whole money offer is 2%

New hard fork will attribute a part of the tx fees to block winner, again making gains more interesting while not increasing inflation.

http://cryptobullion.io/white-paper/
legendary
Activity: 894
Merit: 1064
Some info might be of interest to blockchain watchers Wink

Still a few wallets i have not found yet and if someone else that has used any of the exchanges in the past can confirm or the exchanges themselves in this thread we can get Cryptoid to tag those wallets.  
Looking for the old wallets that were used by Bittrex, Ecoinfund and Comkort so if anyone add those we will have a more complete picture.  Cryptoid does a remarkable job of identifying wallets.

https://chainz.cryptoid.info/cbx/address.dws?124197.htm - Cryptsy Receiver - 124,649.167564 CBX
https://chainz.cryptoid.info/cbx/wallet.dws?125039.htm - Current CBX Foundation - 90,000.040269 CBX
https://chainz.cryptoid.info/cbx/wallet.dws?94382.htm - CBX Foundation (Old)  - 503.358041,    503.842142 CBX
https://chainz.cryptoid.info/cbx/wallet.dws?98254.htm - Yobit (offline) - 5,273.392255 CBX 5,274.108255 CBX, 380 known addresses
https://chainz.cryptoid.info/cbx/wallet.dws?98857.htm - Cryptopia - 18,407.18723 CBX 14,574.525083 CBX, 705 728 known addresses


Old Exchanges
https://chainz.cryptoid.info/cbx/wallet.dws?8245.htm - CoinEX (scam/hacked) - 339.165943 CBX 953 known addresses
https://chainz.cryptoid.info/cbx/wallet.dws?95022.htm - Crypto-Trade (closed) - 197.290188 CBX, 36 known addresses
https://chainz.cryptoid.info/cbx/wallet.dws?65213.htm - Coins-E - (scam) 12,675.897554 CBX, 221 known addresses
https://chainz.cryptoid.info/cbx/wallet.dws?2930.htm - Old Cryptsy (scam) - 15.100557 CBX, 9049 known addresses
https://chainz.cryptoid.info/cbx/wallet.dws?107709.htm - Banx.io (closed)- 0.000000 CBX, 55 known addresses

Bittrex - Huh (closed, had a market there in 2014, according to old CGB thread https://bitcointalk.org/index.php?topic=245086.3050)
EcoinFund - Huh (closed - scam? hacked? info needed)
Comkort - Huh (closed)

Of note is that Coins-e which is now offline completely ran off with 12,675 CBX stilll in their wallets, they never updated from CGB and these Canadian scammers may still attempt to move their coins in the future. Like Cryptsy these are coins that belong to their users and so it hoped that any attempt by those scammers to move or sell their coins will be noticed. Same for CoinEX which claimed it was hacked and disapperead with their users coins.
There is also still small amount in Cryptsy wallets that has not been moved, and may also exist other addresses not yet associated to their wallets, they had a very systematic method of staking then sweeping their CGB/CBX addresses every few months so may be even then the receivership is aware of. 9049 addresses seems small compared to total number of users they are belived to have had?

Can we get Cryptoid to tag all the above wallets?  It will make exploring CBX on Cryptoid so much clearer Smiley  



Really awesome post, Digit; I will send these addresses to CryptoID...
hero member
Activity: 826
Merit: 523
Hello. I have 200+ CBX and want to increase them by staking. can someone tell me how much can I get by staking them?
and how the staking system works? is there any specific link or thread where I can know the percentage and time of rewards? is crypto bullion reward stakers weekly bases or monthly bases?

I think it is better to wait until the devs team release the new version of CBX , the new staking system will give you the chance to make up to 50% profit from staking your coins , the devs team are working hard to release it . At present , staking is not much profitable , but soon sure it will be , and CBX has bright future , so hold your coins and stay tuned .
hero member
Activity: 1008
Merit: 501
Hello. I have 200+ CBX and want to increase them by staking. can someone tell me how much can I get by staking them?
and how the staking system works? is there any specific link or thread where I can know the percentage and time of rewards? is crypto bullion reward stakers weekly bases or monthly bases?
hero member
Activity: 728
Merit: 500
I have a Question:
can I Back Up bootstrap files as well as like the wallet.dat file? some time my CBX vault get crashed because of direct computer turn off and I need to again synced the vault from beginning.
so If I can back up bootstrap file my self it would be great and too time saving for me.

my wallet just crashed today and now here is again 89000 blocks remaining.. this make me tired.

Hi. Here is some instruction on how to create one: http://cryptochainer.com/dir/?page_id=154
Not sure how the filenames relate to CBX but the idea should be same.

Thanks for this. I haven't tried this before. My latest wallet in a VPS has a blockchain downloaded from the scratch because everytime I use a bootstrap I'm getting some errors. I waited for a couple of days for it to be completed.
legendary
Activity: 1960
Merit: 1010
I have a Question:
can I Back Up bootstrap files as well as like the wallet.dat file? some time my CBX vault get crashed because of direct computer turn off and I need to again synced the vault from beginning.
so If I can back up bootstrap file my self it would be great and too time saving for me.

my wallet just crashed today and now here is again 89000 blocks remaining.. this make me tired.

Hi. Here is some instruction on how to create one: http://cryptochainer.com/dir/?page_id=154
Not sure how the filenames relate to CBX but the idea should be same.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
I have a Question:
can I Back Up bootstrap files as well as like the wallet.dat file? some time my CBX vault get crashed because of direct computer turn off and I need to again synced the vault from beginning.
so If I can back up bootstrap file my self it would be great and too time saving for me.

my wallet just crashed today and now here is again 89000 blocks remaining.. this make me tired.
I already tried backup all bootstrap and all files in usd drive and install it in other computer its work fine for me..
sr. member
Activity: 490
Merit: 256
I have a Question:
can I Back Up bootstrap files as well as like the wallet.dat file? some time my CBX vault get crashed because of direct computer turn off and I need to again synced the vault from beginning.
so If I can back up bootstrap file my self it would be great and too time saving for me.

my wallet just crashed today and now here is again 89000 blocks remaining.. this make me tired.

Yes you can and you can use the bootstrap from the website last updated May 27th.

http://cryptobullion.io/storage-use/

A more recent bootstrap file would be in order Smiley.
legendary
Activity: 1397
Merit: 1022
I have a Question:
can I Back Up bootstrap files as well as like the wallet.dat file? some time my CBX vault get crashed because of direct computer turn off and I need to again synced the vault from beginning.
so If I can back up bootstrap file my self it would be great and too time saving for me.

my wallet just crashed today and now here is again 89000 blocks remaining.. this make me tired.

Yes you can and you can use the bootstrap from the website last updated May 27th.

http://cryptobullion.io/storage-use/
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