Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 209. (Read 359514 times)

Vault v2.2 Mac OS build now available
http://cryptobullion.io/storage-use/

Cheers

Trolling? I thought that there we really discussed important issues of concern to investors. But now I see that your answer suggests that the constructive dialogue makes you feel resentment and aggression.  Sorry to hear that. I found what I wanted and now I can see that there are some questions to which you are not able to give answers 
If we talk about the bubble is sufficient to look at the history coins and graphics.



Users themselves will draw conclusions. Good luck in search of new naive users who act thoughtlessly

More You  do not bother about me.

Nice update CBX team  - staking away now 

FR

I don't quite understand why you diamond guys keep trolling in this thread...
Other than both being crypto-currencies, CBX and your coin are not even targeted for the same audience.

CBX is targeted for long term investors looking for a low inflation, interest bearing store of wealth. 2% annual inflation is paid out as interest directly to holders of CBX who participate in securing the network and processing transactions. CBX also has removed itself from the movement towards centralization that comes along with the mining arms race that PoW has become. We are pure PoS and give the power of earning interest and participating in the network to all - true decentralization.

DMD is an unsustainable 50% per year inflation freight train speeding to a bubble explosion. You guys have plenty to worry about on the home front before coming over here and giving us guidance lol.

....... Or what about having a cap instead
of unlimited inflation?  Or kinda like friecoin, an interest rate that resembles a nuclear half life ?

Just an idea

Great job CBX team!

Please update to 2.2 and help spread the word for others to do the same. Our explorer should be updated shortly. Banx has been notified to do so as well...

Well, I'll try to explain it

High income POS is good when the coin is in the process of market penetration. If at the time a significant reduction this coin rewards will not be able to take a strong position in this market, it remains the only chance to keep her from falling is to buy back all the coins and distribute them among the strong owners. But in this case, you will have a problem of the constant inflation. Who needs a digital asset that depreciates with time?
If you've heard about the coin called freicoin



they have driven inflation to the point of absurdity. Ie destroy your coins if they are in your wallet over time. It was quite an interesting position aimed at what would have been  to spend the coins but not make a stockpile. but as you can see on the site http://coinmarketcap.com/all/views/all/ their noble idea failed miserably. Such a fair coins was  not interesting. So it's not difficult to draw conclusions from this scheme

Vault v2.2 RELEASED!!!

Includes:
- Improved staking
- Consolidation of inputs after stake
- New protection for when a block come from past
- Addnode command has been added to the rpc
- Transactions list order fixed
- Splash screen does not stay in "front" for launch

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

Apologies for the downtime and thank you all for the support and patience. We have embarked in uncharted territory so sometimes the path can get a little more difficult, but we will of course persevere and continue to innovate and improve.


Thanks guys!

You are right, I did not look up the exact number. The yearly inflation will still be at 2% of those 968,000, so that's maximum.

But I don't understand why in one post you say a low POS reward is bad and in the other that inflation is not necessary.
Every reward from either mining or staking will add more coins in existence so it's unavoidable.

Thanks for the detailed information. but I see that now produced 968 000  CBX. This is 2.2% per annum + endless inflation.





I think that this valuable digital assets, inflation is unnecessary. It only devalues the concept of capital.

The reward has always been 1.5% stake and 0.5% for mining, now it's 2% only POS. If you could not stake for tech reasons then post your issue here and someone will assist.

This coin is not meant for people willing to earn big in a small timeframe. The marketprice would drop endlessly and all holders would lose. Instead CBX keeps inflation low which is much more interesting for longterm holders. I'm happy CBX has sticked to this since the start and all distribution has been most fair.

Since the 2% stake is now guaranteed over the total network, the people that are actively staking are now earning much more reward. If only 100,000 coins are being staked on the network then they would earn around 18% stake throughout the year (since the other 860,000 coins are not claiming theirs). Elambert made a post couple days ago that the reward is currently 12.12% yearly interest. The more people participate, the lower it will go. At the moment this coins is very interesting for staking and the reward likely won't drop soon below 5% on year basis.

I agree there shouldn't be too many updates and that basics should be in good shape. After a big release with many new functionality it can happen that corrections need to be made and the team can improve after reflection from the community.



So only 16.5% of all the coins are staking. That is 158.400 coins are earning 2% from the total (960,000 coins) which is 19,200 CBX.
19,200 / 158,400 = 0.1212 -> 12.12%

Why did you decide that the low award POS will force users to keep their wallets to  running and maintain network? If the majority of users will only do so for a minimum income that these forks will continue indefinitely. In my opinion there is a direct correlation between the number of running wallets and POS reward.

If the coin is not managed to win a place in the market and the POS award is too small it is likely that it is waiting for a bad future.

Just from my perspective, who's been saving up CBX for six months on an unlocked vault and yet to see a single stake... this coin looks like its shot itself to death...
The blockchain is fkkd, won't sync up, and now I'm being told that I need to make like 7 different addresses on my vault for the PoS to work?
Just saying, its sounds like madness.

C'mon, if you can't get your basics down why bother with press releases on amazing new PoSP tech? This coin, imo, has become a broken mess.

Our Tech Officer is gonna update Dummy Boy's CBX wallet next week. Today, busy following the China Thang.

Mark

Sorry...Cryptsy is a different animal altogether. Good Luck in that department.

I believe he was referring to the Cryptsy specific discussion.

Yes....I withdrew just a few days ago from YoBit, but right now, the blockchain is stuck.

I don't think withdrawals were working for cbx anyways, I've put a withdraw in for a tiny amount more than a week ago and still pending.

Anyone made a succesfull withdrawal past weeks?

ok    thank you