Topic: Historic Cryptogenic Bullion thread - CLOSED - page 17. (Read 286590 times)

CGB Core Team Weekly Update - July 18, 2014

Please also see the Reddit post for further discussion.

Greetings to all! This is going to be a little different than our usual updates. As we have previously conveyed, these updates contain anything that we feel is important to the success of CGB, in addition to Core Team developments. You may also expect them to be slightly more brief, and possibly more interactive.  

To begin, we are ecstatic to welcome Raizor to the Core Team as a software developer. Since he offered his talents via Reddit, our team has been uplifted by his contributions. He was personally responsible for fixing the bug which brought our Comkort market offline, and has continued become familiar with, and improve the CGB wallet client software. We have been discussing many potential client features, a development workshop has been created to encourage community participation.

Some of our previous efforts continue to bring reward with some additional publicity related to the release of the July issue of the CryptoBiz Magazine. We have also been very active with the creation of Development Workshops for both CGB and the CryptoTown project. They are a persistent (linked on the website or sidebar) discussion intended to capture and develop ideas. Consider dropping a quick mention of your best idea on any of the following recently established workshops:

• CGB Client Software Features (Jul18-2014)
• CGB PoW/PoS Hybrid Security Model - Protocol Improvements (Jul13-2014)
• Consultancy Culture and the Universal Perspective (Jul17-2014)
• Point of Sale Methods (Jul9-2014)
• Coin Distribution Methods (Jul5-2014)
• Ham Radio Applications (Jul3-2014)
• CryptoTown On The Ground (Jun20-2014)

The following is the introductory paragraph to the Consultancy Culture and the Universal Perspective workshop. It's designed to be made into an infographic, with condensed points. The other three paragraphs provide some fundamental justification for the adoption of cryptocurrency and the CryptoTown project.


Discussion is appreciated!

The CGB Core Team

Bad news from New York State for US users and exchanges:

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/

Let's tell them how we feel about this loud and hard! Just try to stay civil... There's still time to change these poorly thought out policies.

Good news teaser...
We have come to an agreement with another developer who shares our values and goals and they have agreed to join the CGB Core Team! This really is an exceptional, mutual fit. So expect the development train to resume and once Tash is back in commission... Look out! Let's just say all pieces are falling into place

Formal announcement to come soon...

Go IMZ! great news.

New round of Tweets buffered. PM me your crypto tweets if you like.
https://twitter.com/CryptoTraders

Got Net.
Go, us

Mark Auatralia

Hi guys. I agree with both that we only should be listed on the best exchanges. Volume does not always give the answer if it's good or not, some exchanges are just launched and they may gain a % of the market, it's not easy to see which ones are going to succeed. But at early stage it may be the easiest to get listed since there is much competition from new coins, key is to recognize which ones are going to do well and have good ethics.
The list above is nothing more then a list of options we can discuss. Best voting positions we have on swisscex, askcoin and coinano.
If you have recommendation for a new exchange to put on the list or remove it just PM me. (coinader removed from original)

Another topic. I hope CGB can continue to develop technically as well. We should definately keep an eye on features that other coins implement such as Cloak decentralized exchange/marketplace. This is a groundbreaking feature. I'm no cointech so cannot oversee if such thing can be possible for CGB it's one example. Also the Cloakteam seems to have found a bug in the POS system that many coins use although they haven't released it yet, it could also be tricky marketing to attract investors away from other coins but I'm not the one to judge, keep an eye on it though!

The rise in price of CGB today is good even though it's low volume but with the 0.01 miningsubsidy there won't be much resistance from newly mined coins. Cryptsy now has the Maker/Taker promotion where you don't pay tradingfee's if you are the maker. CGB could use some more support on the buyside so perhaps it's a good way to benefit from this:
http://blog.cryptsy.com/post/91616911732/new-maker-taker-trading

Best regards,
BTCat / YoRally

I agree, this sounds reasonable. Diversity is important, but we need to stand behind solid exchanges only. The CryptoTown project will help us to focus on the private dealers and local exchanges.

papersheepdog, Canada

This is cool! It will still take some time for this piece to really sink in I think. I am working on a really cool fundamental knowledge infographic (similar to the last CryptoTown image. Hopefully I will be able to release the details shortly along with this week's update!

Great news!!

good work Cat. 

On exchanges I would advise staying clear of any that have had any 'hacked' problems.  Also judge the book by the cover (in most cases).  CGB should aim to be a professional crypto, if it is traded on a less professional exchange any problems boomer-rang.  CGB should be traded on 1-2 majors and then listed with private or OTC dealers.  Avoid the middle.

CGB back in the news!

Mentioned on Reuters video press release a couple of times, along with Yahoo Finance, ACN Newswire (NASDAQ OMX), The Wall Street Journal, etc.

Link to video on InvestmentPitch & on YouTube.

News release through ReutersThompson/GlobeNews and Newsfile.

Selected destinations:

Yahoo Finance

Reuters

Wall Street Journal

German Finance Site


Enjoy!

Correct, please download the newer version of the client.

http://cgb.holdings/storage-use/

Check your version, perhaps update:
Latest version is 1.1.6.7 (released April 8, 2014)
http://gotcrypto.net/storage-use/

Or wait for tech advice here:)

Opened and tried to sync my CGB-wallet for the first time in months.

"Warning: checkpoint is to old. wait for blockchain to download or notify developers"

It's been open for over a week now, so the blockchain should be downloaded, however it does not seem to be loading. Solutions?

So nominally (*does math*) only 14.4 CBG can be PoW mined per day now? woah.

Indeed great news! exciting times for CGB!

Wow this is great news I didn't really pay attention. Time really is on our side and patience is a gem. Congratulations!
CGB still a bargain on the market. Tick tock goes the clock.  

blocks                                               value out
545001   2014-07-13 23:31:01   1   0.01   
545000   2014-07-13 23:30:50   1   0.019531   

Just take a look at how little amount of CGB's get mined each day. Oh my... only 15?
http://blocks.gotcrypto.net/chain/CryptogenicBullion?count=2016&hi=546986  

Ladies and gentlemen, the baseline PoW subsidy reward of .01 has now been reached. CGB is now officially at a maximum inflationary rate of 2% with just over 950,000 bullion in circulation. Time again for CGB to trail-blaze through uncharted territory. This will be fun!