What is Crypto Bullion?
Crypto Bullion (CBX), founded in 2013 and rebranded in 2015, is a digital asset with all of the qualities of money. It employs a unique advanced security model which is exceptionally secure and efficient. The problems of today’s debt based fiat currencies find solutions in the cutting-edge decentralized cryptographic currency Crypto Bullion. Designed to function as a store of wealth, Crypto Bullion’s fundamentals emulate the properties and supply of gold.
CBX is 100% proof-of-stake which offers energy efficiency and investors are rewarded, through the proof-of-stake model and upcoming masternode implementation, to hold rather than trade or sell. This partnered with a low total coin supply (approximately 1 million coins), and the minimal 2% max inflation per year, means it will be easy for growth to exceed inflation and drive the price higher.
Unlike most other crypto-currencies, Crypto Bullion has already completed its volatile monetary base expansion stage and has settled in to its maximum target of 2% expansion per year. This, along with the experience acquired from CBX's 4-5 year journey till now, stands the project in good stead compared to the more riskier and unexeprienced ICOs who ask for piles of cash upfront!
The CBX Team
The CBX team is experienced, respected and dedicated to the development of the project. It consists of CBX founder, Chris “elambert”, Marketing Director “VonSpass”, Senior Coder Alexandre “Alex4J” and “Malafaya” as Regional Developer. The team is lean and so far the project has been funded on a budget from their own pockets and the community.
The Future of CBX & 2017 Roadmap
Earlier in the year, CBX announced their 2017 roadmap (funded by the community) which delighted current investors! Despite a few technical delays, development is well under way. Infact, the CBX Secure Online Vault (3.0) is due for release anytime now, as has been communicated on the Bitcoin Talk forum. In my next post, I will be focusing on the facts and benefits of the features highlighted in the roadmap below, and why 2018 is the year that CBX will become a force to be reckoned with! One of the most exciting new features is the introduction of Bullion Participation Nodes (BPN) also known as CBX's implementation of masternodes.
COIN INFO AND STATISTICS
- 1,004,269 CBX in circulation
- Proof of Stake Participation (PoSP) on Dec 31, 2015
- 65 Second block time
- Eligible for staking after 1 hour
- 2% Annual inflation
- Year-long inflationary distribution stage completed on July 13, 2014
- Proof of Work completed on January 1, 2016
Website: http://cryptobullion.io/
White Paper: http://cryptobullion.io/white-paper/
Coin Market Cap: https://coinmarketcap.com/currencies/cryptogenic-bullion/
Official Forum: https://bitcointalk.org/index.php?topic=951753.0
Block Explorer: https://chainz.cryptoid.info/cbx/
(Here you can view all the transactions happening on the blockchain provided you have a block ID, transaction ID or an address)
Exchange: https://www.cryptopia.co.nz/Exchange?market=CBX_BTC
(Do NOT buy on Yobit – suspended withdrawals for months and refuse to answer our emails)
Join Our Slack: https://cryptobullion.slack.com/join/shared_invite/MjIyNDI4NzY2MDM5LTE1MDE3MDI4NjEtNThkZTg2YzRhMQ
Follow our Twitter: https://twitter.com/CryptoBullionX