Crypto Bullion is a peer-to-peer internet currency that enables instant payments to anyone, anywhere in the world. Its fundamental specifications enable it to more efficiently function as a store of wealth. Crypto Bullion is based on a hybrid Proof of Stake / Proof of Work Scrypt algorithm. It has a block interval of 60 seconds and retargets difficulty every 2 blocks. A reward of 1.5% annual interest is earned by those who maintain a savings of CBX, while 0.5% interest is earned by miners who also help to secure the network. The Crypto Bullion network is powered by a second generation hybrid security model which is much more energy efficient, enabling network security to take place on a mobile phone instead of a supercomputer.