Bitcoin Forum

BitBay Project:

BitBay will introduce a completely unique, open, and decentralized marketplace that allows anyone - in any country - to participate regardless of government boundaries.

BitBay will  provide a stable, secure, and safe environment to buy and sell products and services over the internet.  Our technology runs on top of a blockchain decentralized network which ensures that reliability, performance, and accuracy is guaranteed at all times. Theft is not possible through BitBay.

The platform, by design, contains no single point of control, points of failure, or single points of security.  All crucial functions are decentralized and consensus-driven by all users participating in the network.  BitBay is designed with low barriers of entry, allowing anyone to become a reputable merchant or to participate as a buyer, all based on multisig + smart contracts. We will be the first to succeed in developing a free and democratically decentralized global marketplace.


BitBay Features (Currently Under Development):

- Smart Contracts
- Advanced Smart Contracts: Machine to Machine advanced contract fulfillment (IOT: Internet of Things)
- Multi-Sig
- Decentralized marketplace (A new approach different from OpenBazaar)
- POS 2.0
- Convert BitBay into a hedging coin (can be used everywhere)
- Windows, Mac, Linux, and Mobile Staking Wallets (Android, iPhone, Windows)
- In-wallet resources (Chat, Block Explorer, Gaming, Community).
- Proof of Developer (POD) and Crypto Certify ratings in progress.

Much more to come..


Coin Specs (POS 2.0):

- Block time: 64 seconds
- Nominal stake interest: 1% annually
- Min transaction fee: 0.0001 Bay
- Confirmations: 10, maturity: 50
- Min stake age: 8 hours, no max age


Distribution:
Details are now being finalized. Information will be posted here shortly.


Ever since the Han Dynasty (206 BC) the Chinese have been pioneers in opening marketplaces and trade routes to connect their own people with the peoples of the world. The evolution of the original Silk Road (or Silk Route) led to the most prolific open marketplace in the known world. Free markets were one of the driving forces behind the rise of early Chinese civilization.

Now the forces of e-commerce, cryptocurrency, and decentralized marketplaces are gathering again in the East. This time to create a decentralized online marketplace that cannot be controlled by any government is NOW. BitBay will integrate the worlds largest population with with the rest of the online world in a decentralized online marketplace that will operate in many ways like other well known online auction sites - but that will operate without centralized ownership. Once BAY is finalized, it can never be taken out of publics hands.


Thank you for your interest in BitBay. More information (website, technical details, and coin distribution) will be posted here prior to the final announcement. Watch this space and please feel free to ask our team any questions, anytime!

We will keep an eye on BAY.

We wish you good luck.

EmpoEX Team

in b4 ICO

This looks interesting. Does my ear decieve me or are you trying to avoid using the words EBay and AliBaba? Why not just come out and say it? About time there was a decentralized Chinese marketplace.

Let me know if you want some free publicity for your coin

Will the distribution involve an ico, a giveaway, or both?

Thanks for checking us out, I can tell you that whilst some finer details are still being worked on, the coin will indeed be distributed via ICO.

I definitely like where this is pointing too. A market for these coins is a big deal. I'll be looking at this for a buy.

Yes the Chinese market is huge and there is a big demand in China for foreign born coins not subject to their governments oversight. If they buy in this could be huge. I'll be watching and considering this closely.

- Decentralized marketplace (A new approach different from OpenBazaar) (?)

Let's see what you're going to present as a new decentralized marketplace for Bitbay. Let's wait for this new details, coin distribution and +specs information  ;)
Good luck BAY!

Interested! Going to keep an eye on this one.
Good luck!

nice logo
what is algo for this coin?

seems interesting,will watch this.

Nice looking plan you have here for this coin. I am definitely keeping an eye on this.  8)

another dead end scam coin that will never have the features described

Looks like a great plan you guys have got going on here. Will there be anymore details on all of this before ICO?

BitBay Features (Currently Under Development):

- Smart Contracts
- Advanced Smart Contracts: Machine to Machine advanced contract fulfillment (IOT: Internet of Things)
- Multi-Sig
- Decentralized marketplace (A new approach different from OpenBazaar)
- POS 2.0
- Convert BitBay into a hedging coin (can be used everywhere)
- Windows, Mac, Linux, and Mobile Staking Wallets (Android, iPhone, Windows)
- In-wallet resources (Chat, Block Explorer, Gaming, Community).
- Proof of Developer (POD) and Crypto Certify ratings in progress.


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all members in BTT should ask escrow(just like bittrex) to follow the rule as follow,we need to protect our benefit.
if dev team can not get their promise as they made themself, they can not get anything

That's true, hope devteam can Release something new and do something different..

looking forward to this

Perhaps. But at least they know how to use capital letters and punctuation, which gives them more credibility than some people. Good luck to them.

we will complete smart contract and a decentralized market place.
Thanks for your interest.

what time , and have a ipo?

Please select Einsteinium as your coin's favorite charity.

Recently there are too many coins without any real added value, at least this one has some potential and real world use. Decentralized marketplace and smart contracts, plus the "Advanced Smart Contracts: Machine to Machine advanced contract fulfillment (IOT: Internet of Things)", you definitely got my attention.

Only POS 2.0 coins that i know of were created by the ghost/ crack dev.
Investors do your due diligence.

This coins looks real good and the Chinese market has a huge appetite for these kinds of service and coins.  Will be looking to buy into this. :)

This has caught my eye. I especially like that it focuses on providing a market and service for the users of the coin. Also as other have said the Chinese markets are pretty big and are pro cryptos. I'll be checking in from time to time to see how this starts to unfold.

seems like a very legitcoin, will watch this.

Maybe there are some famous  guys behind this project, but can you do PoD first to give us more confidence of this project?

waiting this too.

will you have a IPO of this Project?

looking forward to this.

From the info in this PreANN, seems not.

ico in Bittrex ??? looking forward to this ,good luck

waiting for More information (website, technical details, and coin distribution)   

This is very interesting! Waiting for this thing to happen

We will of course comply with the PoD and Crypto Certify standard audits.

We are now gearing up to release the first version of our announcement thread. Within, it will contain all of the details associated with the ICO.

The ICO will be hosted at Bter.com as a completely fair distribution method for investors. We realize there have been a lot of problems lately with ICO coins not accomplishing what they've promised investors. For this reason, we are going to announce a new system of releasing investors money to our developers based on milestone completion (with escrow supplied by Bter exchange directly).

Thanks!

All this sounds really interesting i must say, first time to hear about something like this and i will be watching. If you guys do what you are saying that you will this coin will be huge...

No, we are not associated with Tilecoin in anyway. Although we do appreciate and respect what they are trying to accomplish.

Is the bar that low this days?
what is pos "2.0" anyway? :D

For more information on POS 2.0, please refer this beautifully written whitepaper from the BlackCoin team.
http://www.blackcoin.co/blackcoin-pos-protocol-v2-whitepaper.pdf

Let us know if you have any further questions regarding the technology.

there no more info?

When will ipo start?

nice concept and ideas behind this project.

Also looking forward to have more info on this promising Project.

when will this Project start?

We've been working diligently to prepare for our official announcement and currency launch. This is a big project and our development team is making sure everything is solid prior to release. Please prepare for our official announcement to be released within the next 12 to 24 hours. Thank you again for your interest in the BAY project.

Cool I have a Bter account. I will looking to buy some. I love the concept so far.

All eyes on you. :) I've been waiting to here more news on this since I 1st saw it. So far looks very promising.

I hope this dream is not a nightmare ;)

100%

Good luck ...