Crypto Bullion [CBX]

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Crypto Bullion (CBX) 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.

While Crypto Bullion shares many traits with Bitcoin such as fast global payments, decentralization, pseudo-anonymity, and non-reversible transactions, there are many improvements which allow Crypto Bullion to more reliably store wealth. A critical requirement for storing wealth is a low inflation rate. Crypto Bullion is a very rare exception in that it has completed its volatile inflationary stage and settled into its maximum yearly inflation rate of 2%. It allows prudent savers of Crypto Bullion to earn greater than 2% annual interest on funds held stationary in their respective Vaults (CBX wallets) for more than 1 hour via CBX’s ground breaking Proof-of-Stake-Participation (PoSP) algorithm.

Launched June 2013
Proof of Stake Participation (PoSP) – Dec 31, 2015
65 Second target block time
Staking eligibility after 1 hour
2%+ Annual compound interest earned via PoSP
2% Annual inflation
Less than 1 million CBX in circulation
Year-long inflationary distribution stage completed on July 13, 2014
Proof of Work completed on January 1, 2016

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