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Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 42. (Read 359514 times)

legendary
Activity: 894
Merit: 1064

Awesome news!

Its good to see there's a definitive goal in sight.

Apologies to the dev team for my earlier criticisms. Born of frustration  Sad

No need to apologize! This thread is where Bullionaires exchange ideas, always in a civilized way. Something to appreciate in this crypto sphere...
hero member
Activity: 1733
Merit: 502
Nada y Tú?
Roadmap 2017-2018 status report!

Has anyone noticed what just appeared at the CBX block explorer today?



As announced earlier, we have found the culprit in the hashing problem and have been able to fully sync the new codebase Vault 3.0.0 (without any help, without a bootstrap), and run it side by side with the other Crypto Bullion nodes on the network; this part of the job is finally a done deal!

I know I have been promising an alpha test release for the longuest time, and accordingly we will have something we need to test out soon - what we need to test at different locations is making sure this new codebase will sync without any issues everywhere, just like it did here; and while we are here you will be able to experience firsthand and comment on the new interface (albeit still being worked on). Stay tuned for this.

What is technically left to do until we Vault 3.0.0 is complete?   Windows compilation, support for PoW miner (for testnet only!), create a file to manage the map of block mutex, addition, suppression, check, etc...;
 Migrate current codebase to Zerocoin, pictures update, implement a better startup system for masternodes, implement a Qt Wallet launcher, add the hardfork logic in the code, add a customizable message in the Qt wallet.
On protocol switch (hardfork) activation, change VerifyScript2 to VerifyScript.

Things are definitely moving, but we are not finished yet; most importantly, we did not lose too much time with the hashing issue.

Thanks for the update Ben.

Sent to all communities this great news ... Cheesy
hero member
Activity: 750
Merit: 503
Roadmap 2017-2018 status report!

Has anyone noticed what just appeared at the CBX block explorer today?



As announced earlier, we have found the culprit in the hashing problem and have been able to fully sync the new codebase Vault 3.0.0 (without any help, without a bootstrap), and run it side by side with the other Crypto Bullion nodes on the network; this part of the job is finally a done deal!

I know I have been promising an alpha test release for the longuest time, and accordingly we will have something we need to test out soon - what we need to test at different locations is making sure this new codebase will sync without any issues everywhere, just like it did here; and while we are here you will be able to experience firsthand and comment on the new interface (albeit still being worked on). Stay tuned for this.

What is technically left to do until we Vault 3.0.0 is complete?   Windows compilation, support for PoW miner (for testnet only!), create a file to manage the map of block mutex, addition, suppression, check, etc...;
 Migrate current codebase to Zerocoin, pictures update, implement a better startup system for masternodes, implement a Qt Wallet launcher, add the hardfork logic in the code, add a customizable message in the Qt wallet.
On protocol switch (hardfork) activation, change VerifyScript2 to VerifyScript.

Things are definitely moving, but we are not finished yet; most importantly, we did not lose too much time with the hashing issue.

Awesome news!

Its good to see there's a definitive goal in sight.

Apologies to the dev team for my earlier criticisms. Born of frustration  Sad
sr. member
Activity: 392
Merit: 250
This is awesome news! Thanks so much for all your hard work.
legendary
Activity: 894
Merit: 1064
Roadmap 2017-2018 status report!

Has anyone noticed what just appeared at the CBX block explorer today?



As announced earlier, we have found the culprit in the hashing problem and have been able to fully sync the new codebase Vault 3.0.0 (without any help, without a bootstrap), and run it side by side with the other Crypto Bullion nodes on the network; this part of the job is finally a done deal!

I know I have been promising an alpha test release for the longuest time, and accordingly we will have something we need to test out soon - what we need to test at different locations is making sure this new codebase will sync without any issues everywhere, just like it did here; and while we are here you will be able to experience firsthand and comment on the new interface (albeit still being worked on). Stay tuned for this.

What is technically left to do until we Vault 3.0.0 is complete?   Windows compilation, support for PoW miner (for testnet only!), create a file to manage the map of block mutex, addition, suppression, check, etc...;
 Migrate current codebase to Zerocoin, pictures update, implement a better startup system for masternodes, implement a Qt Wallet launcher, add the hardfork logic in the code, add a customizable message in the Qt wallet.
On protocol switch (hardfork) activation, change VerifyScript2 to VerifyScript.

Things are definitely moving, but we are not finished yet; most importantly, we did not lose too much time with the hashing issue.
m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
Morning all

As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion:

Quote
There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...

To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.

The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones.

Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in Smiley

FR

does this mean that when we start a masternode for cbx, like power up of steam dollars, and when we want to release from the masternode need to power down, time frame like in steemit also

I don't think the answer is forceable lock down of coins. I think the answer is increasing incentive to accumulate and hold and punishments for rapid dumping. I have already posted some nice ideas that I know some other huge projects are working on too. If we could implement these then we would be top 100 bound very quickly.

sorry i might have miss your post but is it possible to give a link so that i can have a read what your ideas are , thanks  a bullion for the ideas

Well I didn't post them on the thread. I posted them directly to the devs since you know its cool if cbx could start developing them before others get the ideas. I only know that some other huge projects are working on similar things because the dev actually PM me to say he was doing so. That project is going to be a top 10 project at some point i have no doubt.

oh ok, wow thats so exciting could you pm me too, really like to know what that is about, but if you have to kill me after please dont lolol
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Morning all

As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion:

Quote
There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...

To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.

The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones.

Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in Smiley

FR

does this mean that when we start a masternode for cbx, like power up of steam dollars, and when we want to release from the masternode need to power down, time frame like in steemit also

I don't think the answer is forceable lock down of coins. I think the answer is increasing incentive to accumulate and hold and punishments for rapid dumping. I have already posted some nice ideas that I know some other huge projects are working on too. If we could implement these then we would be top 100 bound very quickly.

sorry i might have miss your post but is it possible to give a link so that i can have a read what your ideas are , thanks  a bullion for the ideas

Well I didn't post them on the thread. I posted them directly to the devs since you know its cool if cbx could start developing them before others get the ideas. I only know that some other huge projects are working on similar things because the dev actually PM me to say he was doing so. That project is going to be a top 10 project at some point i have no doubt.
newbie
Activity: 50
Merit: 0
The project looks really nice, good luck dev.
m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
Morning all

As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion:

Quote
There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...

To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.

The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones.

Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in Smiley

FR

does this mean that when we start a masternode for cbx, like power up of steam dollars, and when we want to release from the masternode need to power down, time frame like in steemit also

I don't think the answer is forceable lock down of coins. I think the answer is increasing incentive to accumulate and hold and punishments for rapid dumping. I have already posted some nice ideas that I know some other huge projects are working on too. If we could implement these then we would be top 100 bound very quickly.

sorry i might have miss your post but is it possible to give a link so that i can have a read what your ideas are , thanks  a bullion for the ideas
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Morning all

As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion:

Quote
There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...

To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.

The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones.

Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in Smiley

FR

does this mean that when we start a masternode for cbx, like power up of steam dollars, and when we want to release from the masternode need to power down, time frame like in steemit also

I don't think the answer is forceable lock down of coins. I think the answer is increasing incentive to accumulate and hold and punishments for rapid dumping. I have already posted some nice ideas that I know some other huge projects are working on too. If we could implement these then we would be top 100 bound very quickly.
newbie
Activity: 56
Merit: 0
I hope to invest in this wonderful project.
m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
Morning all

As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion:

Quote
There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...

To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.

The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones.

Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in Smiley

FR

does this mean that when we start a masternode for cbx, like power up of steam dollars, and when we want to release from the masternode need to power down, time frame like in steemit also
legendary
Activity: 1848
Merit: 1001
binned mine... sick of the 'wallet'

wish you all the best!!
full member
Activity: 152
Merit: 101
This could move the problem at the end of the lockout period.

In addition it would have to estimate the CBX lost, to have an idea of ​​the available cbx, in my opinion they are more important than the big wallets.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Locking coins = masternode equivalent = bullion participation node.
sr. member
Activity: 346
Merit: 255
Morning all

As the snow falls here in England I was clearing out some old documents and I came across the following I (believe) I posted a while back - possibly as a PM, its still relevant and certainly something I would like to see added to the CBX roadmap - so here it is again, open for discussion:

Quote
There is a fair amount of ‘super wallet anxiety’ in the crypto world, the issue being amplified when dealing with a coin with a limited supply (such as CBX) as at any time (most likely when the price starts to rise) a super wallet owner could dump their collection on an exchange and walk off with everyone's money, crashing the price in the process. I would like to believe that the majority of CBX holders at this point are in it for the long haul, the trouble is there is no way (currently) of knowing what a super wallet owner is planning to do in the future...

To solve this I would like to propose the addition of a publicly verifiable (block-chain based) voluntary fund locking mechanism for individual wallet addresses. The idea being that someone who has a large (or small) collection of coins can selectively ‘time lock’ a portion of their total wallet’s contents for a defined period of time; the amount chosen is then totally un-spendable until the period chosen by the user expires. This period could be weeks, months or even years but provides a literally unbreakable public, verifiable contract that n coins cannot be moved for x time. New coins can be still be transferred into this ‘locked’ address but not removed - providing a secure ‘savings’ account that can still accumulate the 2% interest but not be moved or spent.

The key to all of of this is making it publicly verifiable on the block chain, so if you were a new investor in CBX you would look at the total supply but also (crucially) you would look at the total supply that was still liquid/unlocked. If you are a super wallet holder (lucky you!) you could lock your coins away for a set period to encourage investment by others and perhaps even get a slightly higher rate of interest on the locked coins than on free floating ones.

Apologies if you have seen this before BUT as I say I still think it could go a long way to alleviating super wallet anxiety if and when CBX is considered a long term / stable commodity that other might choose to invest in Smiley

FR
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
A well deserved shout out to malafaya! Your long term support has been phenomenal and you have managed to kick it up a notch by partnering with Alex4j in the coding department. We are extremely fortunate to have your talents, dedication and meticulous attention to detail as an integral part of our team and community. Thank you!

Yes, because if alex already created posp himself and we have now a 2nd coder of great skill too that is far more than 99% of projects here have and cbx is valued less than 99% recognised of projects here.... i see therefore a big correction coming in the near future.
legendary
Activity: 1696
Merit: 1008
A well deserved shout out to malafaya! Your long term support has been phenomenal and you have managed to kick it up a notch by partnering with Alex4j in the coding department. We are extremely fortunate to have your talents, dedication and meticulous attention to detail as an integral part of our team and community. Thank you!
m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
Just out of interest which came first pos3 or posp?

I would say, about the same time. Just as we had launched our own implementation of a coin-age-less staking algorithm, we came across Blackcoin's PoS3 which had just come out.

PoSP provides excellent solutions in efficiency, decentralization and economic value.You explain is still difficult to understand POSP

Well, biggest strong point of CBX and PoSP is that it allows investors to earn much more than inflation of yearly percentage return from their investment, using a coin that has a low inflation at 2%.

With PoS"P", people are rewarded for "P"articipating in the overall network - it is only those that keep their Vaults open and do stake who will receive rewards for participating.

that is rather impressive then because rat4 is often regarded the top pos dev here on this board... but if you guys didnt just modify his code and came up with something so similar at the same time that demonstrates you have a high caliber POS developer onboard.

that counts for a lot.

OK. If this is important, then I have good news for you: here is how it happened:

Already, back in 2015, the altcoin cryptosphere was already so big, that we could not possibly know of everything going on in all other coins.

So I had no idea what was going on with Blackcoin and PoS3, this is back in 2015...

elambert imagined re-engineering CBX, a PoW/PoS hybrid at the time, to

1) removing PoW and becoming a 100% PoS coin which was already a big step (ethical and ecological)
and 2) creating an algorithm where people are rewarded for "P"articipating to the network, a novel idea at the time - essentially removing coin-age from PoS.

Then, right at the same time (to make things interesting) we lost our main programmer, raizor, who went for another project. We do have to credit raizor for the name "PoSP", however.

I was introduced to Alex4J, (here) which I could see was a programmer genius and he accepted this challenge of making elambert's vision a reality; and I can confirm that he did create PoSP from scratch.

There were some hickups at the very beginning (there always are) we had to rush a 2nd hard fork (countless hours of work from Alex4J)  to a stalled CBX network, but, in the end, PoSP was born!

PoSP is elambert's idea and Alex4J's accomplishment, and nobody else's.



It's always good to have a core dev who understands POS to a deep level. A lot of projects do not have this skillset.

That's impressive stuff and gives me confidence that this project can advance further than most other pos coins on this board.

Coupled with a proven leadership that has always been here since 2014 that has stuck with their project then this is looking more and more like a strong contender for a big come back.

I look forward to the fruition of some of the road map. I think once people see that then they will be jumping in with both feet.

i saw that that, that why i will be jumping in with both feet an hands. great team plus founders are hee to stay
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Just out of interest which came first pos3 or posp?

I would say, about the same time. Just as we had launched our own implementation of a coin-age-less staking algorithm, we came across Blackcoin's PoS3 which had just come out.

PoSP provides excellent solutions in efficiency, decentralization and economic value.You explain is still difficult to understand POSP

Well, biggest strong point of CBX and PoSP is that it allows investors to earn much more than inflation of yearly percentage return from their investment, using a coin that has a low inflation at 2%.

With PoS"P", people are rewarded for "P"articipating in the overall network - it is only those that keep their Vaults open and do stake who will receive rewards for participating.

that is rather impressive then because rat4 is often regarded the top pos dev here on this board... but if you guys didnt just modify his code and came up with something so similar at the same time that demonstrates you have a high caliber POS developer onboard.

that counts for a lot.

OK. If this is important, then I have good news for you: here is how it happened:

Already, back in 2015, the altcoin cryptosphere was already so big, that we could not possibly know of everything going on in all other coins.

So I had no idea what was going on with Blackcoin and PoS3, this is back in 2015...

elambert imagined re-engineering CBX, a PoW/PoS hybrid at the time, to

1) removing PoW and becoming a 100% PoS coin which was already a big step (ethical and ecological)
and 2) creating an algorithm where people are rewarded for "P"articipating to the network, a novel idea at the time - essentially removing coin-age from PoS.

Then, right at the same time (to make things interesting) we lost our main programmer, raizor, who went for another project. We do have to credit raizor for the name "PoSP", however.

I was introduced to Alex4J, (here) which I could see was a programmer genius and he accepted this challenge of making elambert's vision a reality; and I can confirm that he did create PoSP from scratch.

There were some hickups at the very beginning (there always are) we had to rush a 2nd hard fork (countless hours of work from Alex4J)  to a stalled CBX network, but, in the end, PoSP was born!

PoSP is elambert's idea and Alex4J's accomplishment, and nobody else's.



It's always good to have a core dev who understands POS to a deep level. A lot of projects do not have this skillset.

That's impressive stuff and gives me confidence that this project can advance further than most other pos coins on this board.

Coupled with a proven leadership that has always been here since 2014 that has stuck with their project then this is looking more and more like a strong contender for a big come back.

I look forward to the fruition of some of the road map. I think once people see that then they will be jumping in with both feet.
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