Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 207. (Read 359514 times)

Nice work! did he by any chance figure out the problem with switching from daemon to qt and back or the api error?

The build is not compiled and published yet but will be shortly; 50% less memory usage on my machine.

i'm using daemon 2.3 and seeing over 1gb of ram usage

It's looking good here too, i'm not staking with my full (live) wallet on the dev branch but memory usage with my dev wallet seems noticibly better on the Raspberry Pi

Good news regarding the memory usage issue guys. Alex gave me a test build that is stable at 450MB on my system (unlocked and staking). My memory usage with previous Vault was over 1,000 MB so quite an improvement.

Indeed, thank you for all of your time and effort on the coin can see from the development branch on github all the hard work you are putting in - very glad to have you as our dev Alex

I try best effort to solve some memory issue and leak.
Maybe you could send me the debug log.

Hey,
You should try dev version on your Pi:
Go in CBX folder (the git that you clone)
Type:
git checkout dev
git pull

Than compile it.
I would be happy to have return of my test version on a Pi, if you don't mind

There does appear to be a small memory leak somewhere, in ~8 hours the staking wallet has consumed 200mb of extra ram and is slowly increasing, less of an issue on a desktop PC but I'm going to have to restart the daemon every day on my raspberry PI to stop it falling over...

The 2.3 wallet is still a huge memory hog, it eats up 2.6 Mb of my memory when staking. I have 8 Gb of memory, which means it will crash sooner or later (usually during the night). 

I have to run other wallets too on the same computer, they use around 500 Mb when staking, why is the CBX wallet using more than five times as much? 

I really hope you can give priority to this issue.

Is this a brand new install?
v2.3?

Upgrade from?

Ok thanks, i have not locked it, only installed it, that's all then it's ok 

will look to buy/add some others to the vault.

thanks for the reply elambert.

No minimum, just keep your Vault running and unlocked. Let us know how you do and welcome aboard!

P.s the more you have the more likely you are to generate PoSP blocks and of course the more often you will.

Hi here,

I just bought few CBX and downloaded the 2.3 wallet.


I would like to know : is there a minimum amount to stake or what is a normal amount for staking ?

Is there anything to do to stake ( for now i installed the wallet, the blockchain and sended 50 CBX to see how it work, do i have to configure something in the wallet ? )

thanks for your reply and sorry for my noob question.

Great to see you back my friend! We had planned to refocus on PoV now that PoSP is released so impeccable timing! Welcome back!

Thought of the day:

"Do you own Gold or Silver ?" , "Register your asset ownership on the blockchain"...

with a Wealthie = "a Pseudonymous Selfie of Digital Ownership on a Blockchain"  
  

A thread worth reading ...

- DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
- https://bitcointalksearch.org/topic/decentralized-crypto-currency-including-bitcoin-is-a-delusion-any-solutions-1319681

Does Proof-of-Stake Participation and a Proof-of-Value Network in fact offer a solution (to a perceived problem) !

PoSP = Increased Decentralized Network Participation.

PoVN = Independent Decentralized Price Discovery through Participation.

Yep. Still here.

I'm no expert economist and always learning as we progress. My skill set from pitfalls continues to evolve !

Who was it that said "Bitcoin is the devils way of teaching geeks economics" ?

Phase 2 ... now we geeks have learned better economics ...  

thanks for reply

but still the same..
nothing happens when i execute  CryptoBullion-qt.exe from ms-dos cmd or powershell cmd..

Freicoin applied the economic principal of demurrage to crypto-currency.

- https://wikipedia.org/wiki/Freigeld

This effectively established a centralized 'pool' from 'taxing' its holders. The main issue for the model is seemingly collective indecision of how exactly to return 'cash flow' from the centralized pool, mostly with regards to 'value'.

Bitcoin, as a modern monetary system (or store-of-value), being more akin to gold and without any central (issuing) authority does not require holders to sustain demurrage. Here we can note the wiki reference to 'E-gold' with regards to bullion storage;

"E-gold is an example of a modern private currency in which demurrage is applied. In this case there is a gold storage charge of 1% per annum. The demurrage associated with e-gold is arguably expended by the currency operator to help cover real storage costs."

Again, in the instance of Bitcoin (or CryptoBullion), we see no 3rd party or centralized authority to levy any such charge. Demurrage principal is entirely unnecessary to the fundamental function of the system. Perhaps in much the same way that physical bullion ownership can be considered private, arguably without any actual storage costs.


VonSpass has covered well ' inflation / deflation ' in the last post, with regards to CBX.

- https://bitcointalksearch.org/topic/m.13489229

Neither Freicoin or Bitcoin can lend themselves as well to a "shield and spear paradox" of value (in terms of scarcity and rarity):

- https://bitcointalksearch.org/topic/m.11901786

Currency:

- Medium of Exchange
- A Unit of Account
- Portable
- Durable
- Divisible
- Fungible (Interchangeable)

Money (the above plus):

- A Store of Value


Freicoin is in fact therefore not money, because its Store-of-Value depreciates overtime, as mentioned.

Commodity money, as a Store-of-Value, can always have actual (useful) and perceived intrinsic value i.e. like CryptoBullion.

For example, when comparing the current low gold price against the US dollar or low oil price against the US dollar, we can ask ourselves what has more intrinsic value? A piece of paper or the actual physical commodity. This is the lie that banks, markets and governments have sold to the world. Finite commodities (commodity money) have intrinsic value over currency.


Perhaps, now that PoSP is running for CBX we can start to look more at the intrinsic value of CBX against physical bullion, and members of this community have already demonstrated how this can be achieved collectively, without a central authority.

One crypto-currency which is also starting to lead the way in "Digital proof of ownership" is Emercoin: http://emercoin.com/EMCDPO
  

Try running the .exe from the command prompt, you will get an error message if it is crashing out that will help diagnose the problem