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Offline pedrillo0  
#21 Posted : Friday, May 26, 2017 1:52:24 AM(UTC)
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Hey Bullionaires, Join The Creative CBX Contest for Positive Momentum!

$500 reward for finding uses for CBX, in new sites and applications, paid by the CBX team.

Rules:

    Any site or app using CBX for the first time is eligible to win     Post your site or app on the CBX forum. https://bitcointalk.org/index.php?topic=951753     The community will vote on a winner on Sept 1, 2017     Site or App must be available to the public and be working/running by Sept 1, 2017     $500 paid in BTC at the end

Examples of entries:

    Existing sites that accept CBX for the first time     New CBX apps     New sites that use CBX exclusively     CBX YouTube videos or ads that can be shared

Feel free to post works in progress, status updates on your project, etc. on the CBX forum. The more you post on the CBX forum the more the community can get behind you and help make your project a success. Prize awarded in BTC so that the winner can buy more CBX!

**Bonus contest - every tweet or post using #500USDforCBX is an entry to win $100 worth of CBX. Winner chosen at random so the more you tweet, retweet, or post, the higher chances you have of winning.

- The Crypto Bullion Team

Offline pedrillo0  
#22 Posted : Thursday, June 8, 2017 5:37:57 AM(UTC)
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Let's talk about masternodes!

I think there is something good with masternodes, more than a fad we should blindly follow.  There are many advantages to adding BPN (Bullion Participation Nodes) to CBX - an even more reliable network, adding anonymity to the network, removing many coins from trading, thus making CBX even more scarce and facilitating the creation of a reliable mobile CBX app.

I have posted a new poll, outlining how we see the possible implementations of masternodes to CBX; please select one, and perhaps voice your constructive opinion on this thread:  https://bitcointalk.org/index.php?topic=951753.0

Essentially, CBX holders continue to gain PoSP rewards, but we open 500 000 possible CBX to masternodes, at 10 000 CBX each. With option 2 as an example, we split 20 000 CBX yearly rewards between all registered BPN runners - this means that if 5 people lock in their 10 000 CBX each or 50 000 CBX then the 20 000 CBX reward gets divided among those 5 - or 4000 CBX each for a nice 40% yield! 

Large CBX holders will have the possibilitly of locking in more than one 10 000 CBX sum, in 10 000 CBX increments those will count as more nodes to the same owner.

All this would work in typical PoSP fashion, online BPN or non BPN get all rewards for given block, essentially adding the Participation twist to traditional masternodes.

The Crypto Bullion Team

Offline pedrillo0  
#23 Posted : Wednesday, June 21, 2017 11:42:50 AM(UTC)
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The Crypto Bullion Team

Offline pedrillo0  
#24 Posted : Thursday, June 29, 2017 3:23:51 AM(UTC)
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One critical piece of the outlined 2017 road-map is to put in place a self funding mechanism for continued development. The current plan is to create a 10k superblock at the time of the hardfork occurring in August/September to be used for a dev operated BPN from which interest earnings would fuel ongoing CBX development, advertising, etc. However, this is not ideal as it could potentially create an issue with exchange listing policies or negative perception/issues for investors. Resultant to this, it has been suggested to create a donation address to gather these funds from the community. In response to this suggestion the below address has been created to accept donations. The goal is 10k CBX. We will report periodically on progress towards the goal.

CBX Donation Address: 5jMKPEvPoHN4UNQEyEh9n84ZPdaQBMzfuZ

The Crypto Bullion Team

Offline pedrillo0  
#25 Posted : Thursday, July 13, 2017 2:40:33 PM(UTC)
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In writing the white paper for the BPN implementation, I have been back and forth with the team regarding the current voting poll (cost for a BPN). Yes, a BPN should be an investment and the earning potential will justify the investment, however this is not the only consideration. I bring this point up because the 2k CBX option is presently leading. 

The issue I have with this is that in order for us to maintain PoSP and implement BPN, we must split the network coins so we can allow different interest earnings percentages for each function (BPNs should earn more as they provide more services to the network). 

Essentially this means splitting the 1 million total CBX into halves of 500k CBX each. One half would be used for PoSP at 1% annual inflation (interest earnings projected from this would be in the 3-6% annual range). The other half for BPN would be at 3% annual inflation so the two would balance out to our 2% inflationary target. 

Additionally to make BPN operation more lucrative, we will limit the total number of BPNs to max out at 250k CBX (1/4 of the network). This means that if all of the BPN slots are filled, the absolute minimum interest earnings would be 6% per year. Going off of our PoSP history, we can extrapolate that the return will actually be 3-6 times higher than the inflationary rate from the BPN half therefore rewarding in the projected range of 9-18% yearly for BPN operators. 

So with this outlined we come back to the current survey. If we set a BPN cost at 2k CBX, then the maximum number of nodes we can have on the network would be 125. If however we set BPN cost at 500 CBX, then we can have a maximum of 500 BPN on the network and better decentralization.

Feel free to provide any input you want heard from the team regarding this subject: https://bitcointalk.org/index.php?topic=951753.new;topicseen#new

Chris Mrozek (Founder of CBX)

Offline pedrillo0  
#26 Posted : Thursday, July 20, 2017 4:12:05 AM(UTC)
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New poll posted; https://bitcointalk.org/...ex.php?topic=951753.3980 this time taking under consideration the proposed segmentation of the total CBX money offer, allowing only 250 000 CBX to take part in the global BPN network, this poll now also focuses on "how many nodes do you feel are necessary to maintain a healthy CBX network". As before, the amount of temporarily locked CBX should be high, but the higher we set this mark, the less nodes will be securing the network. So, please choose, this time focusing on those 2 essential parameters at the same time. Also remember that, with CBX's BPN network, regular non masternode nodes (regular online staking Vaults) will also be allowed to secure the network; although the block reward will be higher for actual BPNs. The Crypto Bullion Team
Offline pedrillo0  
#27 Posted : Tuesday, July 25, 2017 1:01:32 AM(UTC)
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Stage 1 of CBX 2017 Road-map update:

Coding for the hardfork to implement BPNs is almost complete (75%) and will soon begin internal testing. Next steps after completion will be as follows: •    Auto bootstrap load / trouble shooting tool integration into Vault build •    QR support •    GUI redesign and addition of in wallet metrics 

The Crypto Bullion Team

Offline pedrillo0  
#28 Posted : Thursday, July 27, 2017 2:56:24 AM(UTC)
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Official CBX bootstrap updated to today. Download from the OP here or website if you need it.

Also, we are still looking for donation for CBX Dev fund, see below:

Donate to the CBX Foundation Development Fund:

One critical piece of the outlined 2017 road-map is to put in place a self funding mechanism for continued development. The current plan is to create a 10k superblock at the time of the hardfork occurring in August/September to be used for a dev operated BPN from which interest earnings would fuel ongoing CBX development, advertising, etc. However, this is not ideal as it could potentially create an issue with exchange listing policies or negative perception/issues for investors. Resultant to this, it has been suggested to create a donation address to gather these funds from the community. In response to this suggestion the below address has been created to accept donations. The goal is 10k CBX. We will report periodically on progress towards the goal.

CBX Donation Address: 5jMKPEvPoHN4UNQEyEh9n84ZPdaQBMzfuZ

UserPostedImage

The Crypto Bullion Team

Offline pedrillo0  
#29 Posted : Tuesday, August 1, 2017 4:33:57 AM(UTC)
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Just a quick update on the progression of development towards the roadmap objectives:

1) Bootstrap loader will be as simple to all users, as promised; being finalized now,

2) Testing the Scrypt algorithm with new Vault; Scrypt hashing will be necessary when testing the new CBX network: we had removed it prematurely in 2.4.3, and regretted it,

3) Major CBX Vault GUI redesign as promised:      much improved wallet metrics are being added      full QR code functionality is being added, back and forth (reading QR codes, and generating them)

The Crypto Bullion Team

Offline pedrillo0  
#30 Posted : Saturday, August 5, 2017 3:32:29 AM(UTC)
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Thank you all for the support...

UserPostedImage

The Crypto Bullion Team

Offline pedrillo0  
#31 Posted : Wednesday, August 16, 2017 2:09:13 AM(UTC)
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Roadmap 2017 report!

Tying up loose ends and resolving nagging problems, as we are getting closer to Alpha testing...

The peer problem has been resolved; now the Vault 3.0 communicates perfectly with existing 2.4.3 Vaults - we have hit another stumbling block (!) with historic block 393, which is causing a problem to new Vault and we are addressing this before we can move on with the next step.

The Crypto Bullion Team

Offline pedrillo0  
#32 Posted : Tuesday, August 29, 2017 2:51:44 AM(UTC)
pedrillo0

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Roadmap 2017 status report!

We are still finishing up with re-coding the opdocode interpreter to make sure new Vault 3.0 can accept the existing blockchain from previous protocols; and this should be complete by the end of this week. As mentioned earlier, it's a tedious task as we have to test every single line of new code as we go, and this part of the Vault code is about 1000 lines long.

I will revise the posted Roadmap to reflect this new challenge; basically we are still looking at new Vault delivered by the end of September, with associated hard fork taking place in October.

The Crypto Bullion Team

Offline pedrillo0  
#33 Posted : Wednesday, September 6, 2017 2:42:19 AM(UTC)
pedrillo0

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Roadmap 2017 status report!

The opcode interpreter rewriting is now complete; now that we have changed many parameters, we need now to revisit how these subroutines are referenced and check each and every one of the opcode calls; this is one week of work, give or take. After this we will be attacking the GUI interface, to be followed by alpha-testing and subsequent required debugging.

The CBX community members who would like to participate in the alpha-testing of the new Vault (under strict non-disclosure rules), please contact me. Naturally, alpha testing simulations will not have any impact on existing CBX balances.

The Crypto Bullion Team

Offline pedrillo0  
#34 Posted : Wednesday, September 20, 2017 6:34:03 AM(UTC)
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Roadmap 2017 status report!

As we know already, the opcode interpreter rewriting is complete; all internal calls to this new opcode interpreter have been rechecked and modified when necessary.

We are moving forward, because now I am happy to report that we are at the stage where we are running the Vault 3.0 live and attempting to make it synchronise organically from scratch from the online 2.4.3 Vaults (syncing right from the start, CBX genesis block) - naturally the first attempt to sync did not work, so we made adjustments and, so far so good with second attempt, as this is ongoing as I write these lines.  Remember that Vault 2.4.3 could never sync alone without bootstrap - so this will be an important improvement.

What is left to do after this is to finalize the GUI interface; but alpha testing can begin even with an incomplete GUI. Thank you for all volunteers who offered to run the testnet of Vault 3.0 with us, we will contact you shortly, should be next week or the week after for the final live testnet. This test will be the perfect opportunity for constructive criticism, and the perfect time to customize the Vault to how we want it - so we are still open for more testers, if more want to join.

Thank you all for your faith in our project, going through and rewriting thousands of lines of code is a tremendous task, as one can imagine.

The Crypto Bullion Team

Offline pedrillo0  
#35 Posted : Friday, October 6, 2017 3:44:42 AM(UTC)
pedrillo0

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Hello family Crypto Bullion

Secondary projects are still being developed to improve our CBX.

Not only do we the team improve the currency, the community as well.

* Binary Options

* Stock Market Tournament

* Phone recharging solutions

* Investment platform

* Etc.

UserPostedImage

UserPostedImage

Participants to the CBX contest are working hard still to finish up their projects involving CBX, before the October 15th deadline so they have a chance to earn the 500$!

We are happy to remain part of this second stage for CBX.

Thanks for your comprehension...

The Crypto Bullion Team

Offline pedrillo0  
#36 Posted : Friday, October 13, 2017 2:44:48 AM(UTC)
pedrillo0

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Hey Bullionaires, Join The Creative CBX Contest for Positive Momentum!

$500 reward for finding uses for CBX, in new sites and applications, paid by the CBX team.

Rules:

    Any site or app using CBX for the first time is eligible to win     Post your site or app on the CBX forum. https://bitcointalk.org/index.php?topic=951753     The community will vote on a winner on Sept 1, 2017     Site or App must be available to the public and be working/running by Sept 1, 2017     $500 paid in BTC at the end

Examples of entries:

    Existing sites that accept CBX for the first time     New CBX apps     New sites that use CBX     CBX YouTube videos or ads that can be shared

Feel free to post works in progress, status updates on your project, etc. on the CBX forum. The more you post on the CBX forum the more the community can get behind you and help make your project a success. Prize awarded in BTC so that the winner can buy more CBX!

**Bonus contest - every tweet or post using #500USDforCBX is an entry to win $100 worth of CBX. Winner chosen at random so the more you tweet, retweet, or post, the higher chances you have of winning. -----------------------------------------------------------------

3 more days until we take the entries we have and submit to the jury (dev team and event sponsor)

has everybody submitted their up and running CBX project for the Creative CBX Contest?

The Crypto Bullion Team

Offline pedrillo0  
#37 Posted : Monday, October 16, 2017 4:59:50 AM(UTC)
pedrillo0

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CBX Creative Contest Deadline!

Hello fellow Bullionnaires

As we had agreed, October 15th was the final day to send in your CBX project for this contest.

We have three entries to this contest:

CBX Bet http://cbx.bet/ Crypto Services https://cryptoservices.net/en/ Mycoinsbot https://mycoinsbot.com/

If I forgot anybody, please kindly remind me of your CBX project; these entries will be sent to jury and private sponsor for evaluation.

There can only be one contest winner, result will be communicated shortly; however keep in mind that when adding services to CBX economy, we all win!

Congradulations, and good luck!

The Crypto Bullion Team

Offline pedrillo0  
#38 Posted : Friday, October 27, 2017 2:02:25 AM(UTC)
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Roadmap 2017 status report!

It's been too long since we published a development update and the reason for this has been that we stumbled upon an unforeseeable problem and realized we needed a new approach to allow this project to go forward in a timely fashion while not impacting on value.

What changes now is that we have decided not to let the new code be burdened by the existing old blockchain by attempting to make the new code accomodate it; this means that a CBX swap will be necessary, from old CBX to the new CBX currency instead of the simple seamless install of Vault 3.0 we had in mind. We still envision an elegant migration process: a snapshot of all existing CBX address balances will be taken, and then applied to the new CBX blockchain. 

To regular users, the new Vault 3.0 will be able, upon first launch, to fetch the user's private keys which are in the old wallet.dat, and then from these old keys fetch his new CBX coin into the new blockchain. May I remind people that the CBX address' values will not be affected in any way by this swap, all balances stay the same.

The last hurdle we will find prior to alpha testing lies in the mandatory global money supply limitation of 250 000 CBX that can be associated to BPNs (masternodes) at any time. To address this, an innovative solution was proposed, applying a mutex; this solution is unheard of in the Crypto world and we think it will give good results.

Thank you for your patience and continued support

The Crypto Bullion Team

Offline pedrillo0  
#39 Posted : Saturday, November 4, 2017 2:40:05 AM(UTC)
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Roadmap 2017 status report!

Thanks to our new coding approach that we have outlined at the last post, we are seeing positive results in developing Vault 3.0. 

We will be conducting Vault core tests this week-end and into next week, and unless we encounter a problem, public alpha testing may start as soon as the end of next week.

Happy weekend!

The Crypto Bullion Team

Offline pedrillo0  
#40 Posted : Tuesday, November 14, 2017 3:14:31 AM(UTC)
pedrillo0

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Roadmap 2017 status report! An important part of the anonymity provided by the upcoming BPNs, will be derived from existing code from the Zerocoin protocol  http://zerocoin.org/.

It has come to our attention, however, that the Zerocoin code we were using is vulnerable to a certain specific type of exploit, so a patch needs to be added and verified.

https://www.reddit.com/r...ty_update_version_01331/ https://forum.pivx.org/t...t-patch-information/2753

While this thing is slowing us down, the bright side of it is that now is the perfect time to come across problems of that nature, when Vault 3.0 is not yet deployed. We will keep you informed on how this goes, still with a short term goal of initiating the alpha-testing phase.

The Crypto Bullion Team

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