Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 215. (Read 359514 times)
December 27, 2015, 06:51:48 AM
I don't get it. PoSP encourages people to stake their coins 24/7 by offering increased rewards for doing so. Didn't POS 2.0 and the removal of coinage from the equation already achieve this, but in a far, far more elegant manner?
December 27, 2015, 05:48:33 AM
Hot as hell here. Hope everyone's holidays are going well. I am working to improve my security skills.
Anyone hanker for P2P trading in a small way? Exchanges are driving me spare!
Mark (IndiaMikeZulu), Australia
Anyone hanker for P2P trading in a small way? Exchanges are driving me spare!
Mark (IndiaMikeZulu), Australia
December 26, 2015, 02:46:08 PM
Version number corrected to 2.1.0
December 26, 2015, 02:37:50 PM
HI,
Something is up with the new wallet. Mine says it is version 2.1.0.0. Is this correct? Also, it doesn't seem to want to sync. Can somebody explain what is going on? It sure isn't going to stake if it doesn't sync up.
Thanks,
CapnBDL
edit: I think I somehow was linked to a test wallet but it came off the OP page here on BCT. Must be an ooppsss! LOL Should be a handsome reward on this error!!!
It did finally sync tho. Just took it's sweet time getting there.
Hello,Something is up with the new wallet. Mine says it is version 2.1.0.0. Is this correct? Also, it doesn't seem to want to sync. Can somebody explain what is going on? It sure isn't going to stake if it doesn't sync up.
Thanks,
CapnBDL
edit: I think I somehow was linked to a test wallet but it came off the OP page here on BCT. Must be an ooppsss! LOL Should be a handsome reward on this error!!!
It did finally sync tho. Just took it's sweet time getting there.
I had tell to elambert it was 2.0.2 by mistake but i compiled the version 2.1.0, i am sorry about that, elambert will most probably change his post soon.
The wallet shouldn't take more time, it will reject old protocol after fork only, maybe the first peers you reached was a bit laggy.
No sorry you can't get a test version lol, maybe in next test we can invite you if you are really interested
December 26, 2015, 02:07:21 PM
hello to everyone,
we have activated a giveaway in the Dice site
http://52.10.195.19/cryptobullion
0.0025 CBX to play
we have activated a giveaway in the Dice site
http://52.10.195.19/cryptobullion
0.0025 CBX to play
December 26, 2015, 01:16:40 PM
HI,
Something is up with the new wallet. Mine says it is version 2.1.0.0. Is this correct? Also, it doesn't seem to want to sync. Can somebody explain what is going on? It sure isn't going to stake if it doesn't sync up.
Thanks,
CapnBDL
edit: I think I somehow was linked to a test wallet but it came off the OP page here on BCT. Must be an ooppsss! LOL Should be a handsome reward on this error!!!
It did finally sync tho. Just took it's sweet time getting there.
Something is up with the new wallet. Mine says it is version 2.1.0.0. Is this correct? Also, it doesn't seem to want to sync. Can somebody explain what is going on? It sure isn't going to stake if it doesn't sync up.
Thanks,
CapnBDL
edit: I think I somehow was linked to a test wallet but it came off the OP page here on BCT. Must be an ooppsss! LOL Should be a handsome reward on this error!!!
It did finally sync tho. Just took it's sweet time getting there.
December 26, 2015, 11:37:53 AM
Vault v2.1.0 is available on the website now. This build assigns a new protocol version to the Vault.
Less than 5 days till the hard fork, please update asap.
edit: version number
Less than 5 days till the hard fork, please update asap.
edit: version number
December 26, 2015, 10:56:09 AM
Quote
do you think in the long term the 2% will not produce a small value reduction in CBX if no new users go into?
Yes, it is basic supply and demand. If there is not additional demand, then the increase in supply, even a small one like 2% per year, will cause a value reduction. However, we will continue to create demand through our planned projects so it is doubtful this will be an issue.Quote
There are some maximun stake age actually?
There is no maximum stake age.Thanks for the quick answers probably CBX is one of the more clean altcoin projects actually, 2016 is going to be a true interesting year for this project
December 26, 2015, 10:50:53 AM
Quote
do you think in the long term the 2% will not produce a small value reduction in CBX if no new users go into?
Yes, it is basic supply and demand. If there is not additional demand, then the increase in supply, even a small one like 2% per year, will cause a value reduction. However, we will continue to create demand through our planned projects so it is doubtful this will be an issue.Quote
There are some maximun stake age actually?
There is no maximum stake age. December 26, 2015, 10:16:41 AM
A few questions have come in requesting clarification of how PoSP works so we wanted to provide a summary in case others are wondering the same thing:
Proof of Stake Participation (PoSP) is designed to maximize security, transaction processing and community interest by boosting the rewards (interest payouts) to CBX owners for staking their CBX. Basically the more CBX you have and the more often you stake, the more CBX you will earn. However, unlike other staking coins that allow for higher interest rates at the expense of allowing high inflation, CBX will offer higher interest rates but will keep its low 2% yearly inflationary rate.
PoSP will insure that the full 2% annual inflation of the overall supply of CBX (little less than 1 million CBX) is paid out to active stakers by distributing the unclaimed PoS rewards from non-staked CBX to the CBX owners that are staking - thereby allowing stakers a potentially far greater return than 2%.
One PoSP block will on average occur every 65 seconds. The block size will grow very slowly as it is based off of the overall supply of CBX in existence but it will basically stay at a static size – about 0.04 CBX per block (every 65 seconds) as PoSP starts.
After 9am EST December 31st when PoSP takes over and your CBX have sat unmoved in your Vault for 1 hour, they will immediately qualify to compete for the block rewards being awarded every 65 seconds. The more CBX you have in your Vault, the more likely you are to earn these blocks. Just unlock your Vault and let PoSP run.
Below is a chart that estimates the interest rate that will be earned via PoSP relative to how many of the overall CBX in existence are being staked at any particular time.
• All CBX (~ 1million) in existence being staked = 2% annual interest earnings
• ½ of all CBX (~ 500k) in existence being staked = 4% annual interest earnings
• ¼ of all CBX (~ 250k) in existence being staked = 8% annual interest earnings
Proof of Stake Participation (PoSP) is designed to maximize security, transaction processing and community interest by boosting the rewards (interest payouts) to CBX owners for staking their CBX. Basically the more CBX you have and the more often you stake, the more CBX you will earn. However, unlike other staking coins that allow for higher interest rates at the expense of allowing high inflation, CBX will offer higher interest rates but will keep its low 2% yearly inflationary rate.
PoSP will insure that the full 2% annual inflation of the overall supply of CBX (little less than 1 million CBX) is paid out to active stakers by distributing the unclaimed PoS rewards from non-staked CBX to the CBX owners that are staking - thereby allowing stakers a potentially far greater return than 2%.
One PoSP block will on average occur every 65 seconds. The block size will grow very slowly as it is based off of the overall supply of CBX in existence but it will basically stay at a static size – about 0.04 CBX per block (every 65 seconds) as PoSP starts.
After 9am EST December 31st when PoSP takes over and your CBX have sat unmoved in your Vault for 1 hour, they will immediately qualify to compete for the block rewards being awarded every 65 seconds. The more CBX you have in your Vault, the more likely you are to earn these blocks. Just unlock your Vault and let PoSP run.
Below is a chart that estimates the interest rate that will be earned via PoSP relative to how many of the overall CBX in existence are being staked at any particular time.
• All CBX (~ 1million) in existence being staked = 2% annual interest earnings
• ½ of all CBX (~ 500k) in existence being staked = 4% annual interest earnings
• ¼ of all CBX (~ 250k) in existence being staked = 8% annual interest earnings
Thanks for sharing this info, do you think in the long term the 2% will not produce a small value reduction in CBX if no new users go into?
and
There are some maximun stake age actually?
thanks in advance
December 26, 2015, 10:12:45 AM
A few questions have come in requesting clarification of how PoSP works so we wanted to provide a summary in case others are wondering the same thing:
Proof of Stake Participation (PoSP) is designed to maximize security, transaction processing and community interest by boosting the rewards (interest payouts) to CBX owners for staking their CBX. Basically the more CBX you have and the more often you stake, the more CBX you will earn. However, unlike other staking coins that allow for higher interest rates at the expense of allowing high inflation, CBX will offer higher interest rates but will keep its low 2% yearly inflationary rate.
PoSP will insure that the full 2% annual inflation of the overall supply of CBX (little less than 1 million CBX) is paid out to active stakers by distributing the unclaimed PoS rewards from non-staked CBX to the CBX owners that are staking - thereby allowing stakers a potentially far greater return than 2%.
One PoSP block will on average occur every 65 seconds. The block size will grow very slowly as it is based off of the overall supply of CBX in existence but it will basically stay at a static size – about 0.04 CBX per block (every 65 seconds) as PoSP starts.
After 9am EST December 31st when PoSP takes over and your CBX have sat unmoved in your Vault for 1 hour, they will immediately qualify to compete for the block rewards being awarded every 65 seconds. The more CBX you have in your Vault, the more likely you are to earn these blocks. Just unlock your Vault and let PoSP run.
Below is a chart that estimates the interest rate that will be earned via PoSP relative to how many of the overall CBX in existence are being staked at any particular time.
• All CBX (~ 1million) in existence being staked = 2% annual interest earnings
• ½ of all CBX (~ 500k) in existence being staked = 4% annual interest earnings
• ¼ of all CBX (~ 250k) in existence being staked = 8% annual interest earnings
Proof of Stake Participation (PoSP) is designed to maximize security, transaction processing and community interest by boosting the rewards (interest payouts) to CBX owners for staking their CBX. Basically the more CBX you have and the more often you stake, the more CBX you will earn. However, unlike other staking coins that allow for higher interest rates at the expense of allowing high inflation, CBX will offer higher interest rates but will keep its low 2% yearly inflationary rate.
PoSP will insure that the full 2% annual inflation of the overall supply of CBX (little less than 1 million CBX) is paid out to active stakers by distributing the unclaimed PoS rewards from non-staked CBX to the CBX owners that are staking - thereby allowing stakers a potentially far greater return than 2%.
One PoSP block will on average occur every 65 seconds. The block size will grow very slowly as it is based off of the overall supply of CBX in existence but it will basically stay at a static size – about 0.04 CBX per block (every 65 seconds) as PoSP starts.
After 9am EST December 31st when PoSP takes over and your CBX have sat unmoved in your Vault for 1 hour, they will immediately qualify to compete for the block rewards being awarded every 65 seconds. The more CBX you have in your Vault, the more likely you are to earn these blocks. Just unlock your Vault and let PoSP run.
Below is a chart that estimates the interest rate that will be earned via PoSP relative to how many of the overall CBX in existence are being staked at any particular time.
• All CBX (~ 1million) in existence being staked = 2% annual interest earnings
• ½ of all CBX (~ 500k) in existence being staked = 4% annual interest earnings
• ¼ of all CBX (~ 250k) in existence being staked = 8% annual interest earnings
December 24, 2015, 04:53:32 PM
Merry Christmas and happy holidays to all! Looking forward to an exciting and prosperous 2016 
December 23, 2015, 02:45:31 PM
Hi .... Anyone else having a problem with banx ?
111 coins sent to my wallet yesterday
Still waiting
111 coins sent to my wallet yesterday
Still waiting
I have had no issues with Banx personally nor heard of any. Did you reach out to support or look for ByronP in the chat box?
banx forgot to send a confirmation e mail, that's all it was.......got em ! thank you
December 23, 2015, 02:00:44 PM
hi every1,
the Dice Site, is running again, and the balances was restored, if you want play and gain some CBX
please visit
http://52.10.195.19/cryptobullion
Thx a lot
the Dice Site, is running again, and the balances was restored, if you want play and gain some CBX
please visit
http://52.10.195.19/cryptobullion
Thx a lot
Withdrawals still aren't working.
sorry for the issue, the Withdrawal is fixed
Thx for the wait
December 23, 2015, 01:13:01 PM
Some schmuck with a Titan or something just sent difficulty up 3x... Looks like I have to go all in!
December 23, 2015, 06:41:52 AM
Only 8 days left to update to Vault 2.0
December 22, 2015, 09:01:56 PM
hi every1,
the Dice Site, is running again, and the balances was restored, if you want play and gain some CBX
please visit
http://52.10.195.19/cryptobullion
Thx a lot
the Dice Site, is running again, and the balances was restored, if you want play and gain some CBX
please visit
http://52.10.195.19/cryptobullion
Thx a lot
Withdrawals still aren't working.
December 22, 2015, 01:09:18 PM
Info from PoSP article publishing below:
Your press release continues to receive traffic on our site: http://bitcoinprbuzz.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Twitter: https://twitter.com/search?f=tweets&vertical=default&q=Crypto%20Bullion%20%28CBX%29&src=typd
Top Bitcoin hits so far:
Bitcoins Channel: http://bitcoinschannel.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/?utm_source=[Suspicious link removed]&utm_medium=twitter
CryptoCoinsNews: https://www.cryptocoinsnews.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcoin Journal: http://bitcoinjournal.de/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/?utm_source=twitterfeed&utm_medium=twitter
ABITCO.IN: http://abitco.in/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcointalkradio.com: http://www.bitcointalkradio.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
CryptoCoin Updates: http://www.cryptocoinupdates.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcoin Warrior: http://bitcoinwarrior.net/2015/12/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm
Top Mainstream Hits so far:
International Business Times: http://markets.financialcontent.com/ibtimes?Page=MEDIAVIEWER&GUID=31223247
Digital Journal: http://www.digitaljournal.com/pr/2780712
Boston.com: http://finance.boston.com/boston/news/read/31223247/Bitcoin_Alternative_Crypto_Bullion_
The word is spreading fast Your press release continues to receive traffic on our site: http://bitcoinprbuzz.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Twitter: https://twitter.com/search?f=tweets&vertical=default&q=Crypto%20Bullion%20%28CBX%29&src=typd
Top Bitcoin hits so far:
Bitcoins Channel: http://bitcoinschannel.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/?utm_source=[Suspicious link removed]&utm_medium=twitter
CryptoCoinsNews: https://www.cryptocoinsnews.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcoin Journal: http://bitcoinjournal.de/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/?utm_source=twitterfeed&utm_medium=twitter
ABITCO.IN: http://abitco.in/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcointalkradio.com: http://www.bitcointalkradio.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
CryptoCoin Updates: http://www.cryptocoinupdates.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcoin Warrior: http://bitcoinwarrior.net/2015/12/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm
Top Mainstream Hits so far:
International Business Times: http://markets.financialcontent.com/ibtimes?Page=MEDIAVIEWER&GUID=31223247
Digital Journal: http://www.digitaljournal.com/pr/2780712
Boston.com: http://finance.boston.com/boston/news/read/31223247/Bitcoin_Alternative_Crypto_Bullion_
PoSP gonna be very exciting
December 22, 2015, 10:00:48 AM
Info from PoSP article publishing below:
Your press release continues to receive traffic on our site: http://bitcoinprbuzz.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Twitter: https://twitter.com/search?f=tweets&vertical=default&q=Crypto%20Bullion%20%28CBX%29&src=typd
Top Bitcoin hits so far:
Bitcoins Channel: http://bitcoinschannel.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/?utm_source=dlvr.it&utm_medium=twitter
CryptoCoinsNews: https://www.cryptocoinsnews.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcoin Journal: http://bitcoinjournal.de/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/?utm_source=twitterfeed&utm_medium=twitter
ABITCO.IN: http://abitco.in/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcointalkradio.com: http://www.bitcointalkradio.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
CryptoCoin Updates: http://www.cryptocoinupdates.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcoin Warrior: http://bitcoinwarrior.net/2015/12/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm
Top Mainstream Hits so far:
International Business Times: http://markets.financialcontent.com/ibtimes?Page=MEDIAVIEWER&GUID=31223247
Digital Journal: http://www.digitaljournal.com/pr/2780712
Boston.com: http://finance.boston.com/boston/news/read/31223247/Bitcoin_Alternative_Crypto_Bullion_
Your press release continues to receive traffic on our site: http://bitcoinprbuzz.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Twitter: https://twitter.com/search?f=tweets&vertical=default&q=Crypto%20Bullion%20%28CBX%29&src=typd
Top Bitcoin hits so far:
Bitcoins Channel: http://bitcoinschannel.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/?utm_source=dlvr.it&utm_medium=twitter
CryptoCoinsNews: https://www.cryptocoinsnews.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcoin Journal: http://bitcoinjournal.de/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/?utm_source=twitterfeed&utm_medium=twitter
ABITCO.IN: http://abitco.in/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcointalkradio.com: http://www.bitcointalkradio.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
CryptoCoin Updates: http://www.cryptocoinupdates.com/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm/
Bitcoin Warrior: http://bitcoinwarrior.net/2015/12/bitcoin-alternative-crypto-bullion-cbx-announces-unprecedented-posp-proof-of-stake-participation-algorithm
Top Mainstream Hits so far:
International Business Times: http://markets.financialcontent.com/ibtimes?Page=MEDIAVIEWER&GUID=31223247
Digital Journal: http://www.digitaljournal.com/pr/2780712
Boston.com: http://finance.boston.com/boston/news/read/31223247/Bitcoin_Alternative_Crypto_Bullion_
December 22, 2015, 05:13:19 AM
hi,
i was low the House Edge to 7.5%
the invest in Dice Sounds good, in fact, i was thinking in a create a site of invest,
and use these investment to make more strong the Dice Site
i was low the House Edge to 7.5%
the invest in Dice Sounds good, in fact, i was thinking in a create a site of invest,
and use these investment to make more strong the Dice Site
Great that you made this service. You have created a new service and market for CBX, that is adding value and benefit to the network as a whole.
I also do have a comment about the House Edge, if it's the same as rake. Most users will seek for the best chances and poker- and gamblingsites
have been around 1 - 2 % for a long time. Since Bitcoin rake went below 1% for popular sites even as low as 0.1%
If you like a high traffic site you will need to adjust your numbers a whole lot more... Ofcourse it's up to you to decide what works for you.
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