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Author Topic: Crypto Bullion, the Cryptocurrency for Investors  (Read 2068 times)

pedrillo0

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Re: Crypto Bullion, the Cryptocurrency for Investors
« Reply #30 on: October 27, 2017, 07:00:17 AM »
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

pedrillo0

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Re: Crypto Bullion, the Cryptocurrency for Investors
« Reply #31 on: November 04, 2017, 07:37:07 AM »
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

pedrillo0

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Re: Crypto Bullion, the Cryptocurrency for Investors
« Reply #32 on: November 14, 2017, 08:12:41 AM »
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/zcoin/comments/7bjw8f/zcoin_hardfork_and_security_update_version_01331/
https://forum.pivx.org/t/update-on-recent-zerocoin-protocol-exploit-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

pedrillo0

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Re: Crypto Bullion, the Cryptocurrency for Investors
« Reply #33 on: November 14, 2017, 08:16:22 PM »
End of sparktokens ICO CBX refund period

I have been notified that there are still some Quintessence ICO investors who have not claimed yet their CBX contribution back from the ICO. While what is left is only a small percentage of the total ICO contribution, we don't want to make people who want their CBX to lose it.  There was ample time for contributors to answer back to the email which was sent to all and claim their CBX but this claim period will now close in 30 days, starting today. After this 30 day period is over, it will not be possible to claim ICO CBX and the leftover CBX from the ICO shall be transfered to Foundation and used for development and bounties. To make a claim now, the best way is to reply to the official email which was sent to you (none bounced back) using that same address which was entered in the ICO program; otherwise please write to me by PM, here in Bitcointalk, and please provide your email address that you had given at ICO time and we will proceed to verify your credentials.


The Crypto Bullion Team



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