Yeah so we are a little over 50% nodes on the new fork... 19 days to go and we need at least another 30%.

So for those who have not downloaded the new QT or new Markets client please do.

And yes the QT appearance and version is the same as before however the newest one triggers a fork. It's been up since the first of November.

So has anyone yet tried to use the new freezing and timelock functions in advanced spending?

Hey nice to see a seasoned member starting an exchange. If you want to list BitBay you can find us at Bitbay.market ... or let me know via PM if you need any details. 

Also there is OpenBazaar which probably should be there even though its Bitcoin. Either way Sys, OB and Safex use 3rd party escrow if I'm not mistaken.

And to the people posting above indeed Safex is no more vapor than SDC/Particl. Perhaps it should be there?! Isn't there also an Ethereum one?

A good comparison by the OP however indeed it seems to have attracted a lot of shilling for BitBay. This was posted to our slack and BCT
and people responded (I'm the dev). The thing is, I think everyone gets defensive of their investments. After all, they invest in what they believe in. This is
almost too commonplace in crypto and at times it does indeed hamper insightful convos. Just stick to facts and look at features!

I think another one of the points (taking features of BitBay and comparing across) is actually inaccurate. BitBay has a lot of working features.
So even if you took every SYS feature or SDC feature (I think SDC doesn't have too many unique features yet?!) it would have still turned
out this way. I've always argued that there is no comparison because the software has been worked on for almost 4 years. Plus we don't use 3rd party arbiters.

It is actually my personal desire to see the other coins create more features and definitely honor their promises and not be vapor. It's no mystery that
vaporware is one of the most dangerous things to investors. It is a cold hearted reality that many projects that raise X millions will VANISH into nothing
and never deliver on their promises. This has already happened too many times. It is what is hurting the altcoin industry actually. People shouldn't invest in pretty websites. Coding crypto is hard work and they should invest by the sweat on someones brow not by their fancy suit or "accolades".

With that said, I hope Safex, Particl and others deliver software as the world needs more research in these areas, more coders. Dividends on the markets
are a very interesting idea. But I would be a bit worried about SEC and other types of agencies trying to mess with them by crying security (is this a concern or not)?! A dividend model is indeed an amazing crypto model and I'm surprised more projects don't do it. Perhaps because of the risk I just mentioned.

Agreed, we used to have bounties for that but nobody took them.

I'm not sure if I will give special incentives for staking frozen funds. It depends on time and testing. As that would be a more complex build. We shall see. However it is an excellent idea to incentivize trade of frozen funds.

Hey there, well feel free to check out our site and features... http://bitbay.market/walloffeatures/

And also if you want to coordinate with us join our Slack. And like said above you can test out the wallet for free doing contracts using our faucets or sell goods and services in the markets.

Here is our "wall of features"
http://bitbay.market/walloffeatures/

We have more working features than almost any other coin in the industry. Decentralized markets, unbreakable contracts, etc.

Yes I did not change the version number on the new QT I forgot. However the Markets wallet version number is change. Regardless everyone must update asap.

Hi everyone! So yes sorry there was no announcement here. The marketing team first tweeted the exotic spend and they I suppose wanted to decouple the promotion of that and the fork despite being all in one update.

They recently tweeted and sent a blast email. I asked them why we didn't post on Bitcointalk and perhaps because nobody was assigned to it. Although that is okay, consider this an official post!

Yes we are forking and everyone must update to the new QT or Markets Client immediately. The fork takes place on the 30th however we need everyone running the new build way before that (hopefully by the 15th we need them signaling the new build).

And of course you should want to stake the new build because the reward was raised from 1.5 coins to 20 coins. This means the reward is now officially close to 1%

If only 1/4 the network is staking then you should have 4x the probability of reward and average 4% per year.

Also the "exotic spend" is here we might be the first client ever to support it! I've never seen software with locktimes in the interface so this is definitely exciting.

The hash puzzle switches is the identical technique used for Blocknets atomic trade by the way. Although we have no intention of building an exchange it's worth noting how much potential these special payments have.

The most practical uses in this update is Notary, Freeze and Switch. If you guys have feedback while testing it let me know as I've tried to keep it very simple.

If your stakes are rejected it might be for another reason as the fork doesn't trigger for a little bit. So potentially check the debug log file and see what the issue is. Maybe your computers clock is wrong. That could cause stakes to be timestamped incorrectly.

It's not accountability because anyone who wants the mod key can have it as long as their intentions are good. In theory the moderation is decentralized. To be honest it's a good question but so far it looks like our users are honoring our request to keep it clean. For the project to get that kind of stigma would not help it's growth in my humble opinion.

For now we shall wait and see. It's definitely a gray area yet nobody has complained or raised any issues yet. The creators of TOR are not responsible either. The mod key exists as a courtesy in case someone wants to volunteer their free time chasing ghosts and hopefully a deterrent to show users where we want the software to shine in a commercial sense. In theory anyone who volunteers to moderate is simply a volunteer. If we have to adjust this in the future we could revisit it later. As of yet, there has been no need. This is still technology in it's infancy.

It's on hold until I finish the remaining templates and the peg on BitBay. And may never get produced. :|

With that said, I remember discussing here a while ago about the reasons mainly because I didn't want to make a product nobody was going to use. Speed is the name of the game. For NightTrader to work it underwent a couple evolutions.

Firstly I wanted to make it a microtrader or multisig exchange. Then I realized too much liability in multisig exchange (we still hold the 2nd key).
So then there was the microtrader but since so few people actually used BlackHalo, I realized that microtrade won't catch on due to speed.

Then I noticed the only way to do it is atomic trade. So just recently I added "exotic spend". And that gives the option for time locks etc. The feature is not out for  BitHalo/BlackHalo yet (only BitBay since I want to test more on Bitcoins chain when time allows) although in theory it could trade easily between the 3 coins.

However that would be without charts, without the fancy interface traders expect so I wouldn't consider that NightTrader.

Thus the only thing that would work... is a full fledged front end JavaScript atomic exchange. With a security model with brain wallets and no download needed. It would be cross platform so no benefit to BLK there. However we can of course kick back special privileges to Blackcoin holders. To honor the community where I started.

The issue really is just building the whole thing. After years of working on this stuff I'm tired of coding and am setting the remaining features as my milestone. So maybe we can do p2p trading on the coins Halo supports but for a full fledged exchange the way I know people would want to use it, that would require funding and a big room of coders.

I know the security model, and everything needed to build it. Although I'm still unsure of how the orderbook should be shared (good question).

Really I don't want to give false hope... I still hold 1/2 of my Blackcoins from 4 years ago and sank with the ship mostly. If this coin has any hope of revival the community should really start caring about things other than being the "first proof of stake coin". That won't help anymore. Not in this fiercely competitive environment.

So promote what Janko works on, promote and use Halo and if altcoins boom again and the funding is there then it's (possible).

What you very well might see it at least atomic trade between Halo clients since the software already supports that. As you can see in this transaction here on the BitBay chain:
https://chainz.cryptoid.info/bay/tx.dws?aebfe0487773037c60fd9515ed17551aad302dcebd2d36f247bd2a963f68597a.htm

bN6JVS4FeD4hsQhvaysnwSdqbfa8XSiyVr

This address is the hash of the script...
63a9144a4b300b0ecc0f4eda3316221e1e9918d573181188524104310acd9555cf57c2f86b9e3d3 85d8e1d38fe913473b35094a95d9a53aab49c82ad5621859a550ac4abfd0bceddaa7b017c5dd7dd 26874db10eae240c98c27b594104ce8ee24c208237c7b1992f8a2a459360f2921d57b2026e5139e 0065838d13a457a51632cef02d5d00d85c3ae55dec8a61807ee75b3390b492f87f39f44199a4b52 ae6704b022f359b1755241049257afe04c69fa0a9f1719ed5d3aacd45fde634d93c235d4955363c 7609f139b144e935f2d84e4fc1fb27bea2af34950de9a60c64580f56acbcc6fc29863eb8d4104d1 83e2de7e909033b404d2b2b9f9f4736e41198e50b3d9260fca023fb356fb4f0a2f339fe9ee652d7 9bc5466f23dbeac19e3f3265ad6dcf4c8138f39973fa49a52ae68

Halo describes it as this...
Type: Switch
Description: These coins are owned by bNgmCcxPKgQQqUe6rhNtbGWowMJFCuxjZ3 if he solves a hash puzzle (password) before the expiration date. After 2017-10-27 12:12:32 UTC then the coins are also spendable by bTuZboysrngsaqJvRj4db4CV2Qa21Q5Jcb

That is an atomic swap or a "dead man's switch with a hash puzzle"... or at least 1/2 an atomic trade. If Blackcoin or BitHalo had a similar transaction at the same time period they could swap with no trust whatsoever.

You may notice the 6a burns which are notifications with throw away inputs attached since the interpreter has a rule of one 6a per output (nonsense rule).
Those burns are actually the script so the other party knows they are a party to it and how to spend it.

I recommend making a multipool which sends payments out as frozen. Since it was the multipool that made Blackcoin famous. Perhaps if that multipool had frozen the coins it paid in then the miners wouldn't be able to sell and it would help support the price. People usually rejected the idea when I proposed it years ago but the software can easily support locktimes.

Sorry for not checking this thread more often. I get really busy coding and multitasking. I'm still hoping for BLK to rebound... it certainly deserves to be higher than it is. If you guys promoted BitHalo then BlackHalo might get attention by being the only coin included with it... just a thought. Bitcoin is the baby after all. Or simply start using the software and special products because if you guys don't use it then who will?

As usual I will always have love for Blackcoin ... hopefully the bear market ends and alts start to recover from this very dark summer.

Yeah it's mostly old news. Normally when an exchange experiences a "hack" of that magnitude, it shuts down. But BTER is an exception. I'm also very cautious of Bitfinex because 120,000 Bitcoins were "hacked" and then promised back. But the problem is they repaid in USD a while later. This resulted in a friend of mine losing a tremendous amount because he got screwed by missing out on Bitcoins rise. Now imagine if they hacked themselves and the price dropped, they could simply repay in BTC and not USD. So either way it was a problem. My feeling is if you are hacked in Bitcoin, repay in Bitcoin.

It's like someone "loses" 1000 dollars and then promises to pay back the victim. When the time comes they give the amount in the Pesos exchange rate at the time of the loss.

General rule of thumb. Put money on the exchange and withdraw immediately after the trade. None of these exchanges can be trusted. We wait for the popularization of decentralized exchange.

That might be because they stole millions of dollars from their users in a "cold wallet hack" and never paid them back. I would be more sympathetic had they paid users back but no (how does a cold wallet get hacked other than by the owner itself). Personally lost 3 btc on BTER. Not to mention what they did to BitBay and I think there was also a NXT scandal.

So they change their name and do it again. Definitely don't trust BTER.

It's funny that he says it's risky but doesn't explain why. At no time could the seller or buyer back out of the deal without agreeing.

In fact, this was less risky than normal escrow! This deal would have been impossible without BitBay. How can a person in Europe buy land in California without an escrow? This is like the only way to do that. He sort of down plays the significance of this. Although its great coverage nonetheless. 

Thanks for posting this!

https://chainz.cryptoid.info/bay/tx.dws?3c1d178c830f0946ccb4b6763efec08b4e1c594be9893975df1c8ce2b0147e86.htm

a hash puzzle if/else transaction in bitbay useful for atomic trades and switches
Although this one isn't actually a script I'm going to be using, it would be our first hash puzzle.

Yeah he's cool. I think there was just a misunderstanding. Also on my part, mainly because when offers are sent to the market we allow users to accept them directly. So thus inputs need to be tied up. But in theory I could check the balance to see at least there are funds, not tie up inputs and force all offers to come in as bids the exact same way I do with price tracking. When I gave more thought to what he said I realized for sellers who have lots of items like a massive inventory but only average volume, they would need a feature like that. There is a difference in my code from bids/counters to direct acceptance so that why. It would be a new feature though so I just added it to my notes.

Anyways, hopefully he comes back I sent him a message but no response yet.

Cyrus is the hero in this story. He is what Theymos should have been. He responded the same day, added me on Skype we went over everything and he had me sign from an old key. It's the first time in a long time I've been impressed with something on Bitcointalk.

By the way I recovered my account. So thanks to Cyrus the mod on bitcointalk. Most likely it was taken over momentarily due to those old hacks of bitcointalk database. Way back when.

Actually I think it did work out, he only needs to wait a month and it should shoot right back up. But yes, for all intents and purposes a volatile coin cannot be used as payment for items on a market for people who do not want to invest or take risks. AKA the peg.

But also like I pointed out, he can accept anything in exchange for his gems on our markets. The BitBay currency is only meant to protect the deal.

The new release by the way is almost done. In fact just today I did the freeze from start to finish in the UI. Here is a screenshot of it and the transaction that spent it. It is a lot of work because it had to have notifications for the script, notifications for all involved users, and those need to be spent as a whole so inputs have to be grouped. Check it out...

https://chainz.cryptoid.info/bay/tx.dws?3057267.htm
That is the original fund for the FREEZE. Notice how there are lots of burns and those show the redeem script. Essential to communicate that and it must be done on the chain. This cannot be put on a volatile Bitmessage since it is related to financials. Chains are meant for financials.

https://chainz.cryptoid.info/bay/tx.dws?4ba8321e29a302488592ce872b28363734fffd1f59ed73c3102bff0c99ef9fe5.htm
That is the spent TX notice the last input was a different address but spent with the same keys.

So yes we are official the first client in the world that does this. The news will ignore it... haha. But we still did it!

Here is a screenshot.