Author

Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 227. (Read 359514 times)

full member
Activity: 152
Merit: 112
Looks like the majority has spoken regarding transaction fees. I am pleased to announce that transaction fees will no longer be destroyed and instead will be included in PoS blocks upon release of Vault v2.0 with PoSP!

Great choice  Grin
legendary
Activity: 1696
Merit: 1008
Quote
PoSP algorithm will pay more to bigger balances

Yes.

Also of great importance is to realize that with PoSP, interest is variable based on the number of CBX being staked on the entire network at any given time. If you don't stake your CBX, you forfeit your interest earnings to the CBX that are being staked. Holding funds on an exchange guarantees you miss out on your deserved interest earnings while forfeiting that money to the exchange or to the rest of the network if the exchange also decides not to stake.
legendary
Activity: 894
Merit: 1064
Looks like Cryptsy has imposed max withdrawal limits of the equivalent of $100 USD per month for standard users (Tier 0). One can upgrade to Tier 1 with photo ID, registration, etc where the limit is raised to the equivalent of $2000 per month if I am not mistaken.

Glad I do not keep funds on exchanges but I imagine this causes some issues for others Sad

CBX also trades at Cryptopia and Yobit... Any recommendations from the community should I desire to switch?

Cryptopia looks pretty good to me, do they have any withdrawal and/or deposit restrictions? What about Yobit?

Thanks in advance.


edit: photo ID needed for Tier 2, not Tier 1


I had mentioned that I recommended people to keep their CBX outside exchanges, at their personal Vaults. The only important thing to having a perfectly safe Vault at home is to copy the encrypted wallet.dat file somewhere outside the house, preferably 2 places.

Now this move by Cryptsy will make people move their balances out in droves; not that we have something to hide, its just that anonymity is also something people from the Crypto currency world greatly treasure. And its a fundamental human right.

The other main point about moving CBX out of Cryptsy is that the upcoming PoSP algorithm will pay more to bigger balances; and I can report that work on this algorithm is going very well.
legendary
Activity: 1397
Merit: 1022
Looks like Cryptsy has imposed max withdrawal limits of the equivalent of $100 USD per month for standard users (Tier 0). One can upgrade to Tier 1 with photo ID, registration, etc where the limit is raised to the equivalent of $2000 per month if I am not mistaken.

Glad I do not keep funds on exchanges but I imagine this causes some issues for others Sad

CBX also trades at Cryptopia and Yobit... Any recommendations from the community should I desire to switch?

Cryptopia looks pretty good to me, do they have any withdrawal and/or deposit restrictions? What about Yobit?

Thanks in advance.


edit: photo ID needed for Tier 2, not Tier 1
legendary
Activity: 1696
Merit: 1008
Quote
thank you, low infation really

what can you say about CBX checkpoints?
how do you control them?
did you reverse transactions before?

does CBX have or plan to have merged mining?

thank you

* Checkpoints are added when necessary with new releases.
* Most recent release, Vault v1.3.0.0 has checkpoints up to block 960,000.
* Transactions have never been and will never be reversed.
* CBX does not have nor will it have merged mining.
* PoW will be removed in the next Vault release slated for Q4 of 2015 in which our unique proof-of-stake design PoSP (proof-of-stake-participation) will be released. http://bitcoinprbuzz.com/over-2-years-old-valuable-bitcoin-alternative-cryptobullion-cbx-announces-unprecedented-posp-algorithm-and-expansion-into-chinese-markets/
sr. member
Activity: 328
Merit: 250

Estimated altcoin inflation or total supply over the next 10 years?


Bottom number is total amount in 10 years from now, so 1,178,561 CBX  Grin (if i didn't make a mistake)

966831
+19336.62
986167.62
+19723.3524
1005890.9724
+20117.819448
1026008.791848
+20520.17583696
1046528.96768496
+20930.5793536992
1067459.5470386592
+21349.190940773184
1088808.737979432384
+21776.17475958864768
1110584.91273902103168
+22211.6982547804206336
1132796.6109938014523136
+22655.932219876029046272
1155452.543213677481359872
+23109.05086427354962719744
1178561.59407795103098706944

thank you, low infation really

what can you say about CBX checkpoints?
how do you control them?
did you reverse transactions before?

does CBX have or plan to have merged mining?

thank you
hero member
Activity: 750
Merit: 503
Guys,
I am seeing some chatter in other threads regarding possible issues with Cryptsy. Most likely this is just FUD. Cryptsy has been around for quite some time and has been a great ally for CBX.

That being said however, I just want to remind the community that the safest place for your CBX is in your personal Vault. Exchanges are meant for trading not storage so please be cautious with trusting any third party with your finances. Better safe than sorry.
Nothing wrong with cryptsy, it's all fake, 2nd incarnation of the Merkle article. It's so obvious they try to hurt Cryptsy, they probably have invested in Paycoin thinking they were gonna win it big, until they lost and try to put blame on the exchange. The only thing responsible for such losses is their greed and dollarsigns in eyes.

Actually I just preordered the Mastercard from Cryptsy, will be great not needing to sell through another site which takes higher fee's.

Still..better in your own wallet, than somebody else's!
legendary
Activity: 1960
Merit: 1010
Nothing wrong with cryptsy, it's all fake, 2nd incarnation of the Merkle article. It's so obvious they try to hurt Cryptsy, they probably have invested in Paycoin thinking they were gonna win it big, until they lost and try to put blame on the exchange. The only thing responsible for such losses is their greed and dollarsigns in eyes.

Actually I just preordered the Mastercard from Cryptsy, will be great not needing to sell through another site which takes higher fee's.
legendary
Activity: 1696
Merit: 1008
Guys,
I am seeing some chatter in other threads regarding possible issues with Cryptsy. Most likely this is just FUD. Cryptsy has been around for quite some time and has been a great ally for CBX.

That being said however, I just want to remind the community that the safest place for your CBX is in your personal Vault. Exchanges are meant for trading not storage so please be cautious with trusting any third party with your finances. Better safe than sorry.
legendary
Activity: 1397
Merit: 1022
Quote
Please join me in welcoming Alexandre ‘Alex4J’ to the Crypto Bullion family!

Welcome!

By the way, v1.3.0.0 is awesome! Nice work!
sr. member
Activity: 395
Merit: 250
Hi! If you ever need to start giveaway pls consider our forum
https://freebitcointalk.org/altcoin-giveaways/
You can add coin ANN on this board:
https://freebitcointalk.org/altcoin-directory/
full member
Activity: 242
Merit: 100
Extended Reality Advertising
Hey people has anyone noticed how speedy and efficient the CBX network is, compared to other popular coins?

CBX just flies in and out within seconds!

I am trying to cash in my TIPS and the coins are stuck with zero confirmations after 1 hour and half!

People should appreciate the solidity of the CBX network... its important!
legendary
Activity: 1696
Merit: 1008
Quote
Explorer is here: http://blockexplorer.cryptobullion.io/chain/CryptoBullion
Please note explorer down temporarily for maintenance.

Explorer maintenance complete, it is back up now.
member
Activity: 111
Merit: 10
Welcome Alex4J!

Great news.
legendary
Activity: 1960
Merit: 1010

Estimated altcoin inflation or total supply over the next 10 years?


Bottom number is total amount in 10 years from now, so 1,178,561 CBX  Grin (if i didn't make a mistake)

966831
+19336.62
986167.62
+19723.3524
1005890.9724
+20117.819448
1026008.791848
+20520.17583696
1046528.96768496
+20930.5793536992
1067459.5470386592
+21349.190940773184
1088808.737979432384
+21776.17475958864768
1110584.91273902103168
+22211.6982547804206336
1132796.6109938014523136
+22655.932219876029046272
1155452.543213677481359872
+23109.05086427354962719744
1178561.59407795103098706944
sr. member
Activity: 328
Merit: 250
CBX is a former CGB launched in 2013, am I right?

Block explorer?
Estimated altcoin inflation or total supply over the next 10 years?

The information is needed for http://alt19.com/19/cryptocurrency.php

Thank you.
legendary
Activity: 1696
Merit: 1008
CBX is a former CGB launched in 2013, am I right?

Block explorer?
Estimated altcoin inflation or total supply over the next 10 years?

The information is needed for http://alt19.com/19/cryptocurrency.php

Thank you.


Yes, CBX is formerly CGB.

Explorer is here: http://blockexplorer.cryptobullion.io/chain/CryptoBullion
Please note explorer down temporarily for maintenance.

Inflation is 2% per year.
legendary
Activity: 1696
Merit: 1008
Welcome Alexandre! Great work on the new release!

See you all in IRC! Stop in and check it out via your Vault v1.3.0 Smiley
sr. member
Activity: 346
Merit: 255
Welcome Alexandre!
member
Activity: 92
Merit: 13
Wonderfull news. Welcome Alexandre  Cheesy

If you need help from the team or like to practice your dutch, just ask ^^.
Thank you Smiley

Oh yes it could be useful ^^

Welcome aboard Alex4J. Hoping you enjoy the community and working with us. Congrats!

CapnBDL
      Cool
Thanks Smiley

Way to go, Crypto Bullion! It's a pretty exciting week indeed...

A new wallet clearly demonstrates that there is a dedicated team behind CBX, always working relentlessly to improve our currency's  network and its capabilities.

I had the priviledge to discuss a things or two with Alex4J, and I fully trust that his talent and motivation will help bring our CBX forward, to the next level.

So welcome aboard Alex4J!
Thank you very much Smiley
Jump to: