Bitcoin Forum

Waiting for my bitbay card to arrive in the mail :)

I used the client already , the Bitbay Interface is dope with all that functionality . How come this was developed completely under Radar ?!

Probably because until now BitBay has focused only on development. Now is a good time to do marketing though, and it has started

Show me some detailed usage stats for BitBay (the decentralized part only)...
Lots of "great tech" is a Ghost Town because it only impresses pro geeks.

The article is attributed to PRNewswire, and not any reporter.
It makes great marketing material but I will take such news with a pinch of salt.

I'm a big bay fan. Yes, what you say is true really. However, after reading people can research for themselves. I think although the title could be debated the content of the rest is pretty much spot on.

One of the nicest and hardworking devs on here.

With every published article people must conduct their own research.

Yup, that was my intention. Just pointing it out, to make sure people do their own research.
Yahoo and PRNewswire are too big to risk their reputation by publishing blatant promotional material.
With some of the smaller publications, you can't be too sure..

lol, PRNewswire is in the business of publishing PRESS RELEASES = "blatant promotional material"...
And no one knows what business Yahoo is in.

I'm still waiting for some daily user stats for the decentralized version of BitBay (not the web site).

Sorry for late reply. I missed this post.

There are no detailed stats for the decentralized market. Actually there are no stats at all because no info is collected.
If stats had been collected, they would be low for now. As I have stated before, uptil now focus has been on development. Marketing is just beginning.

Lots of the "great tech" is very neccessary -not Ghost town. We are after all dealing with software that is intended to handle people's money. Many in the crypto community seem to forget that. That is why we have built what I believe is the safest wallet in crypto, and also focused equally much on the safety of transaction in our market. That some of the safety features also can be used for other purposes is a bonus.
The fact that we are so focused on safety is something you should embrace even if you are not holding Bay. Us leading the way will make other serious coins follow, and as a result crypto wallets will be safer for everyone.

We did pay for PR, it was public knowledge. There is nothing wrong with that. I have shed blood sweat and tears for two years. So has the community. The entire community testing 1000s of contracts up late nights teamviewer sessions working on bugs. We hired bitcoinbuzz and honestly i think they did a great job and would work with them again.

As it stands the software works extremely well, runs what was the worlds first decentralized markets with trustless smart contracts, and has been nothing but 4 years of hard work. And it will just keep being worked on.

One last note, speaking of stats... if you like we can give you txids of a typical contract and you can look at those being done on the blockchain. People do buy things on the markets beyond testing. It's not a race its a marathon.

Try downloading ether's mist wallet
Keep track of its CPU usage.
And check out all of the features it has to offer so 3rd parties can use it to create stuff for them.


Then check out BitBay' Client.

This list is about 60% completed already with a huge update coming in the next 2-3 weeks that will include the cold staking, anti-keylogger, decentralized voting, etc..., adding another 10% to 15% to the completion of the project!

The amount of features that are BUILT-IN blow away anything else on the market, PERIOD!

*Unbreakable contracts (Peer to Peer no blockchain bloat)
*Decentralized Anonymous Markets (Peer to Peer no blockchain bloat stronger than Tor)
*Multisignature wallets with dual passwords hidden inside of PNG/JPG images using steganography
*Automated Joint accounts and the ability to sign transactions with 2 computers (hard core security)
*User Friendly Templates for contracts
*Training videos
*Ability to hide any file in an image
*IMAP under the hood full integration with Email, automated negotiation of contracts
*Price tracking so orders always maintain price
*Bitmessage fully integraded decentralized email and markets
*Translates to 92 languages using Google Translate
*Unique change management system which breaks all the change into denominations
*Easy to use accounting panel
*Live Python Debugger, run the interpreter within the software
*Advanced sending with multipay options
*"Pay To Email" tipping system. Hide payments in images direct to email.
*Everything is automated
*Full Offer/Counter-Offer negotiation system.
*Escrow panel with tons of options, anonymous chat
*Feedback and reputation system, see how many contracts gained and lost
*Serverless, everything is Peer to Peer
*Decentralized moderation keys available to trusted users
*Custom contracts and all kinds of contact options
*Start your own market, completely anonymous
*Cash for coins template
*Custom contract template (can do anything you want if you are
familiar with it)
Implications of DDE(Double Deposit Escrow) Smart Contracts and their use cases:
Decentralized "Local Bitcoins": Send wires without the fear of theft due to Double deposit
Decentralized exchange of cash for coins
Buy/Sell anything without "Empty Box Scam" NO ARBITER NEEDED. It is self enforcing trade even with untrusted parties
So it works like a decentralized trustless ebay... NO MIDDLEMEN, NO ESCROW NEEDED
Works like decentralized Freelancer/Odesk
Unbreakable Employee contracts. FORCE people to HONOR their word! No more unreliable employees, employers forced to pay as well.
Barter ANYTHING. Use the coins only as self-assurance. Form a farm co-op trade Gold for Silver, Iron for Wheat. No need to use coins can decouple completely from currency.
Some of the templates are still being worked on to make it "Mom friendly" so that it takes as few clicks as possible to form a contract. No need to think of "terms and conditions" contracts are anonymous and self-enforcing. Here is some of the features that we are working on in 2017:
*Exotic spending... we will have the worlds first client to support time locks in the UI, deadmans switch and burn and parking and freezing coins all supported within the UI.
*Cold Staking for both BitBay and BlackHalo... stake using two computers, impossible to hack. Its basically joint account staking
*Custom Staking with Voting! Completely trustless voting and donations via staking.
*Anti-Keylogger: A special on-screen keyboard to obliterate keyloggers once and for all. Even mouse movement loggers will be no match for this unless every movement is recorded
*Tor and proxy options for internet requests
*Buy/Sell template featuring multiple shipping options including a calculator and options to bill in escrow
*Employment template featuring the ability for weekly reports and auto-payment within contract. Payments contingent on reports
*Barter contract with amazing "wish list" where each item can be calculated converting kilograms to hours and ability to know exactly how many "Avocados" you need for a pound of "Tomatoes". Perfect for farming co-op in 3rd world countries. Perfect for trading used items!
*Reverse auctions! Sellers bid for you the buyer
*Normal Auctions... Ebay style decentralized auctions
*Python contracts: Use the python interpreter to make contracts between peers. Pre-approved contracts potentially possible for verified devs and audited code on github.
*API And more!

I stopped for what is posted on Yahoo finance, because it is just paid advertisment