Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 236.

BTCat

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Quote from: elambert on September 02, 2015, 08:27:22 AM

Quote from: meyer on September 02, 2015, 08:23:59 AM

why not make it "officially" centi-CBX and use "Bulls" or whatever like a nickname for it.

like "dime"

This is certainly a valid option but we want new users and merchants to easily make the association when they are using their Vault. I am a big fan of simplicity and clearly defining things to avoid confusion or misunderstanding.

How about Crypto Bull Cents then

elambert

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Quote from: meyer on September 02, 2015, 08:23:59 AM

why not make it "officially" centi-CBX and use "Bulls" or whatever like a nickname for it.

like "dime"

This is certainly a valid option but we want new users and merchants to easily make the association when they are using their Vault. I am a big fan of simplicity and clearly defining things to avoid confusion or misunderstanding.

meyer

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...by the way "Bulls" is a good name

meyer

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why not make it "officially" centi-CBX and use "Bulls" or whatever like a nickname for it.

like "dime"

elambert

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Excellent discussion here! Thank you all for the feedback and participation. Everyone's input is valued and heard.

The Vault currently has 3 different classifications:

CBX
mCBX - milli-CryptoBullions (1/1,000 CBX)
μCBX - micro-CryptoBullions (1/1,000,000 CBX)

No designation is present at the moment for 1/100 CBX. Based on current nomenclature, perhaps centi-CryptoBullions (cCBX) is the best option here. The only issue is that this name does not exactly roll off the tongue...

This discussion and implementation idea has come up to assist with a push for mass adoption. We have a peer 2 peer faucet project in the works which will involve giving away a fraction of CBX to new users (targeting university students). We feel that this target demographic is critical to appeal to and expose to CBX - these are the adopters that can make crypto truly mainstream.

My thought on this is that giving someone 0.1 CBX to get them interested enough to research CryptoBullion would not resonate as well as giving someone, for example 10 'Bulls' (equivalent to 0.1 CBX).

Also, keep in mind the current price point of CBX is not the target goal. We are looking to grow the value exponentially from this point. An easy name for exchanging fractional CryptoBullion will be beneficial in the future for transactions so this move serves dual purposes.

BTCat

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Quote from: FiniteRed on September 02, 2015, 02:39:33 AM

Quote from: Killiz on September 02, 2015, 01:17:36 AM

Baby isn't the right word for the CBX I know and love. Got a shock when I read it was being implemented into the next wallet. Sounds almost like a joke.
Centi is ok.

Afraid I agree with lab rat & Killiz here, 'baby' has no place in a profecinal investment comodity. Also the word baby has different conitations in difrent languages for example baby in Chinese 婴儿 can mean baby, infant or infancy - not the sort of message we want to be associated with CBX.

Stick to the Latin derived units of measurment

I did not read it would be in the wallet. In that case I would vote not to use another name. Simple 0.01 CBX is just that, 0.01 CBX. Centi Bullion does not even come close to Crypto Bullion, it sounds like a different coin. (There are Cents and Bullions out there). There are thousands of names already. Also, I would never use it to request for 0.50 centi bullions, the price is too low to transact so it doesn't make much sense. Just my opinion, if you guys want it then go for it.

edit: Now that I think of it more, if you want it, I think best would be to stay close to what is already used for Bitcoin.

1 BTC = 1,000 mBTC (millibitcoin)
1 BTC = 1,000,000 μBTC (microbitcoin)
1 BTC = 100,000,000 Satoshis
1 mBTC = 100,000 Satoshis
1 μBTC (microbitcoin) = 100 Satoshis

Then for CBX you could use, CryptoBullion Cents with cCBX, milliCryptoBullion with μCBX.

FiniteRed

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Quote from: Killiz on September 02, 2015, 01:17:36 AM

Baby isn't the right word for the CBX I know and love. Got a shock when I read it was being implemented into the next wallet. Sounds almost like a joke.
Centi is ok.

Afraid I agree with lab rat & Killiz here, 'baby' has no place in a profecinal investment comodity. Also the word baby has different conitations in difrent languages for example baby in Chinese 婴儿 can mean baby, infant or infancy - not the sort of message we want to be associated with CBX.

Stick to the Latin derived units of measurment

Killiz

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Baby isn't the right word for the CBX I know and love. Got a shock when I read it was being implemented into the next wallet. Sounds almost like a joke.
Centi is ok.

0.01 Bars
.000 Grams
.00 Grains or Flakes.

lab rat hoax

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i voted for Centi Bullion instead of baby, i think people will take us a little more seriously.
this isn't one of those cutesy coins like penguincoin or corgicoin ......or nyancat

"not that there's anything wrong with that" Cool

cryptobullion.io

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Centi Bullion and Baby Bullion seem to be the more popular names so far with Centi Bullion (CB) slightly ahead. If you have not voted and have an opinion here, please submit a vote. Thanks.

elambert

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One plus with Centibullion is that it still uses the same CB letters as CrytpoBullion (as in the logo).

VonSpass

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Baby Bullion or Centibullion; but we have only one choice ...

FiniteByDesign

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Voted for Bull but like all the name options to be honest.

cryptobullion.io

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Poll added with a few alternative name options for the value of 0.01 CBX. Please vote so your opinion can be heard.

Thanks.

elambert

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Quote from: CapnBDL on August 29, 2015, 09:38:13 AM

@elambert

Erika will not make it here, thank goodness. It looks like Hispanola took it's toll on her and provided she doesn't re-form in the Gulf......

I am a small-time 'hobby' CBX miner and although it may not be the best way to acquire shares, it keeps me interested and out of trouble. Will we get ample heads-up when the change is made to PoSP so I don't waste the time or energy to continue the mining operation?

Thank You

Cool

Hi CapnBDL. Yes, we will give a couple of weeks of warning prior to the switch from the current hybrid (PoW/PoS) system to the new PoSP implementation. In the meantime, mine away

VonSpass

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Quote from: FiniteRed on August 30, 2015, 01:11:10 PM

Looking forward to the mobile wallet guys, excellent work

I woukd think that standard size metrics would be more relatable, but used in relation to weight (grams) in line with the preshious metal angle

centi   cg   0.01
milli     mg   0.001
micro   μg   0.000001

FR

Maybe its me (although i'm noticing I am not alone with this problem) but I could never figure out the mBTC and the μBTC and associate them with a value; simply put when I see these units I do not know what they mean, no image forms in my head as to what they are worth.

Baby Bullion = 1 hundreth of a Bullion. Simple. We are aiming for the Baby Bullion to be worth a significant value someday; easier to grasp, nicer said than a centibullion imo.

I would not suggest to implement any more subdivisions for the time being.

FiniteRed

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Looking forward to the mobile wallet guys, excellent work

I woukd think that standard size metrics would be more relatable, but used in relation to weight (grams) in line with the preshious metal angle

centi   cg   0.01
milli     mg   0.001
micro   μg   0.000001

FR

lab rat hoax

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I agree. I like the concept more than that particular name
and what about just having it divisible by 10ths instead of 100ths ?
Just like bullion.......? Just an idea maybe

Ok. To play devils advocate... What's to stop me from borrowing
A friends silver coin (s) and registering it here ? What if I just took a picture of a coin I just borrowed for the photo ?
What safeguards are in place other than" I pledge"
This is a question that needs to be asked

Ghepetto

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Quote from: BTCat on August 30, 2015, 09:26:07 AM

Quote from: lab rat hoax on August 30, 2015, 08:45:00 AM

I like the baby bullion idea. You can buy
1/10 th oz gold & silver rounds so this is in the same spirit

To be honost I wouldn't mind a more serious grown up name but it's not a big deal really.

Some constructive criticism:

Centi Bullion

Which stems from Latin unum centesiman meaning one onehundreth. This sounds much more professional. Baby Bullion just sounds childish. I have to admit I would not have expected this, from this team, with their pristine track record of professionalism over the years.

BTCat

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Quote from: lab rat hoax on August 30, 2015, 08:45:00 AM

I like the baby bullion idea. You can buy
1/10 th oz gold & silver rounds so this is in the same spirit

To be honost I wouldn't mind a more serious grown up name but it's not a big deal really.

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