CryptoBullion (CBX) now is running 100% on its unprecedented Proof of Stake Participation (PoSP) algorithm.During the last 1,000 blocks, 30.7% of the overall supply of less than 1-million CBX in circulation were staking.Since PoSP takes the unclaimed rewards from the portion of CBX not being staked (almost 70% for the last 1k blocks) and redistributes it to the staking CBX, those participating in staking the last 1k blocks are being paid at a yearly rate of 6.5% for their service of securing the network and processing transactions (simply keeping their Vault online and unlocked).Due to PoSP, this is occurring while growth of the money supply is holding steady at its fixed 2% inflationary rate.Thank you to those who are participating and earning this compensation for their contribution.Anyone can participate. No mining equipment is necessary, no mining farms to compete with.If you want to join in, you can purchase CBX on one of the supporting exchanges, move your CBX to your personal Vault and after 1 hour you can start taking advantage of these earnings by simply opening and unlocking your Vault. via /r/CryptoCurrency http://bit.ly/1PXQ6Z1
Wednesday, 13 January 2016
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