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