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CryptoBullion

CryptoBullion (CBX)

$ 0.08
-0.11 %
Main info
News
Comments
Markets
Analytics
Market cap
$85.76K
-0.11 %
Circulating supply
1,092,924 CBX
Total supply
1,092,924 CBX
Max. supply
1,092,924 CBX

About CryptoBullion

Bullion (CBX) is the truly decentralized cryptocurrency that has all the right specifications for investment: Quick 65 second blocks for fast transactions, 100% Proof-of-Stake providing Green energy efficiency, scarcity (about 1 million CBX in circulation) and new coin generation (inflation) maintained at a healthy yearly 2%. However interest earnings to investors who run the Bullion Vault are closer to 6-8% per year (see info below regarding Bullion's original PoSP algorithm that makes this possible). The thing that is the most valuable though, is Bullion's dev team which has been developing it since 2013.

Key data

updated $0
Market cap$85.76K
Volume 24h$0
Circulating supply1.09M100% of max 1.09M

CryptoBullion (CBX) is a digital currency designed to act as a store of value, similar to precious metals. It uses a Proof of Stake (PoS) consensus mechanism, allowing users to earn rewards by holding and staking their coins. CBX is mineable, offering additional ways to participate in the network.

Frequently asked questions

What is CryptoBullion and how is it different?

CryptoBullion (CBX) is a cryptocurrency focused on being a digital store of value, akin to gold. Unlike many cryptocurrencies, it uses Proof of Stake (PoS) for consensus, making it energy-efficient and accessible for staking.

How does CryptoBullion's technology work?

CryptoBullion operates on a Proof of Stake (PoS) consensus mechanism, where users validate transactions and secure the network by staking their coins. This process is less resource-intensive than Proof of Work (PoW) systems.

How is CryptoBullion's supply created?

CBX coins are generated through mining and staking. Mining involves solving computational problems, while staking rewards users for holding and validating transactions on the network.

How can I store and use CryptoBullion?

CryptoBullion can be stored in compatible wallets that support PoS coins. Users can hold, stake, or transact CBX for various purposes, including earning rewards through staking.