Also, i should add to my earlier comment. You can see your Bitmessage address and email address in the Receive tab. Make sure you can at least see the bitmessage address. You can add an email on that tab.

I like the suggestion about allowing people to run through the setup wizard again. Its true once they skip it there is no way back to it.
Also you CAN save information you enter into all contract templates. If you are at the home screen and you try for example "Sell coins" or "Buy coins" you will see an option in that panel to save the information for later. This means you never have to enter it twice. Only when doing a custom contract there is no save option.

Hey a few things. When the client first starts, the decentralized markets take time to load the offers. It doesnt have a "blockchain" its peer to peer based on Bitmessage. So it takes a moment to get caught up since Bitmessage holds only 2 days of memory.

Okay the next thing, the whole "error loading return address". The prompt also says "please check THEIR preferred contact method". EDIT: there is another part of my code where i didnt elaborate on that text, i changed it to match. Anyways, there are two methods of p2p communication. The first is email, the second is Bitmessage. The setup wizard recommends having both.

The reason i dont only use Bitmessage exclusively was because it is still being worked on by Aetheros and I want people to have a second less decentralized option of email.

Emails is STILL very anonymous because it uses end to end encryption in Bitbay. So all those emails will arrive encrypted. I should also tell you that Pay To Email also uses Steganography.

Anyways, you can contract in either Bitmessage or Email but a person who posts Email as their preferred method of contact will not accept Bitmessage offers. Perhaps i should allow them to use "either". But that would require changing a good amount of code and i dont have time to change that.


So to respond to that fawcet contract you should set up an email or ask 3r to post one where bitmessage is the preferred contact method.

Its funny you should say that, there was a lengthy debate about that on slack yesterday. I do trust the web dev honestly but we talked about hosting the files on my server. But they don't wanting redirecting to a different domain and think i shouldn't distract myself from coding to do a domain transfer and they want control of the site cause its a community thing.

The OP is straight from my domain. Davtonia.com is my company and the host of BitHalo and BlackHalo. But it does not host Bitbay... they could be hosting an old version.

Right okay so I sent you a private message P-Funk, thanks for the feedback and i was almost certain it wasn't fud because those were all legitimate points you made some that i wanted to change myself.

Many of the things you pointed out such as UAC for example, are not in other cryptocurrency programs because most crypto programs are not very good. They are not secure and they don't do things like decentralized markets and unbreakable contracts. This software does many things far beyond what a normal Qt can do.

This is software coded entirely from scratch. Its 50,000 lines of completely original code. It does things from automated joint accounts to steganography. Its a complete crypto suite. Not to mention it works in 3 different currencies!

And yes the prompt says asadmin which is a little software trick to ask the computer for example UAC to elevate to admin so that you as a software user don't have to do it yourself. And this admin access is asked for a few reasons. On some operating systems we would have bitbayd or bitmhalo(bitmessage) crash or not have write access etc. Also without admin some systems may restrict the ability to launch them as subprocesses from the console. So obviously thats bad and the only way to run it is as admin. Instead of asking the user to do that manually i let the program elevate itself from command prompt.

So I also sent you a PM, i have no idea why the program didn't load after you chose the language. Did you finish the setup wizard? Did you minimize it to the system tray? Did bitbay.exe stop running? We have hardly ever had problems running Bitbay on windows 7 64 bit. I code exclusively on Windows 7 pro 64 bit with no antivirus myself.

Did you let it install to C:\bitbay\ or did you change that directory to program files? Because some systems will not let me store files locally within that directory. This is why other coins put everything in users/(yourname)/appdata/roaming etc

I would like to know more about why the program quit. Did you allow it to use your firewall? Any P2P programs need to do that for example uTorrent does that.

Once you get set up I'm sure someone here would be more than willing to do a smart contract with you.

Also the different Checksums may be because I may have updated the executable on my site first. Meta who runs the site wants to host it on his server. So when i update while testing i also have to have him update. But considering the frequency at which i update the code, its a bit of a pain to have him update every time i do something minor. (I dont always do a version change while testing on slack)

But personally this is why i never wanted the link to go anywhere but to where i host all of my content. I really hope you aren't looking for reasons to FUD this project and these were genuine complaints? In general some of the points you made dont make sense such as UAC (uac shows up for thousands of programs and each version of windows is going to be more annoying with it)

It should be noted, I have fought the bit.ly links and didn't think they were necessary at all. But the dev of the website bitbay.market says they are needed for tracking downloads. I would assume there is ways of doing that without using bit.ly but I'm not a web dev so i dont know.

So I agree with you on the bit.ly link but i dont run the site. In fact, he wanted to host my executable and I absolute can't stand that idea but he thinks if it reroutes to davtonia.org (where all my hosting is) then people would think that is strange. There was even a debate about this on slack. So I've sort of made a leap of faith here. So instead i give the checksum of the installer basically for anyone to verify it. One process can verify the other process as well.

I would like to mention anyone who wants to build from source i can send the obfuscated source and all building instructions as many people have asked for that. I've been thinking of even putting that on github (why not, i give it out anyways).

Also i was wondering about .exe because some browsers dont like them. Perhaps its better to zip the installer. Still i should point out that a lot of sites still use installer (exe). Also the reason for not putting in program files is because there is administrator restrictions on some operating systems. Because in that folder i store all the files, unlike other wallets, I keep nothing in roaming. The bitbay daemon does keep its blockchain files locally everything in the same folder C:\Bitbay\ ... the installer gives you the option to choose a folder and i recommend against program files because these new shitty windows are so invasive that they prevent you from running as admin.

Now on to firewall... that is going to be asked for ANY p2p program... this is another problem with windows babysitting BS. These messages are nonetheless standard. The reason there is 2-3 warning is because there is Halo via RPC, Bitbayd (daemon) which connects to its network, and my version of Bitmessage. Bitmessage and Bitbay are totally different protocols. Bitmessage and its modifications are the way i am able to get decentralized markets. I use what is called Channels. It also is built to protect your anonymity so unlike Tors flaws with exit nodes there is no flaw yet i have found with this Bitmessage decentralized method of communicating since the originator of a message cannot be known.


UAC prompt is unavoidable, ALL versions of windows will give you that prompt on applications like that. It needs to be run that way because its running subprocesses such as Bitmessage and Bitbayd. I don't have UAC turned on in my computer. I think its invasive and a restriction on your rights as an owner of a computer.

As for language selection starting on English is fine but why not have it say "select language"? Obviously an English speaker would appreciate the fact that its in 92 languages.

I understand the "Hello world" default text complaint. However can you recommend an alternative? What about the rest of the client? Would you not agree this client is a million times more user friendly than a typical Qt client? A lot of thought went into this. So more feedback would be great! And thanks for the feedback.

As for it not loading, are you running avast? Avast doesn't like Python. We have submitted to them before. If it unloads it will usually say why. Did you decline the ability for the program to run as admin? Thats probably what UAC asked you. It needs to do that to run the subprocess. The reason it runs two copies of BitBay.exe is because one is python and the other is the executable. This is true for all frozen Python executables.

IF you want i can walk you through setup. Send me a private message and if you have a crashlog.dat i would like to see it.

I'm not bitbaydev... this thread is run by people in the community. And the issue wasn't petty, the and guy his friends stole more than a thousand bitcoins. Coins that should be going to development. But i will ask a few of them if they think it makes sense to clean that up. The guy who took funds from us abused my name to do it so I'm not sure if it makes sense to remove those comments or not.

But maybe it should be removed anyways, after all, that was a long time ago and it might be confusing to new investors such as yourself.

Well the question is, should we moderate out the fact that this guy and his partners had sabotaged development? Maybe but it helps show what went on exactly.

All someone needs to do is download the bitbay market client and see for themselves. Its totally unique code and has all the features it claims to have. Actions always speak louder.

Yeah maybe the major difference between Bitbay and Etherium is they spent their time marketing and getting money and then developed software later. While we have been coding first and will market later. Altough i've learned a lesson that having a product doesn't always mean people will use it. (you have to market)

There has been multiple ideas for exchanges that we could add to. First this is people should let them know. And either way things will change once the pegging starts because we will have to negotiate it again since freezing coins will take some orders off the live books.

Yeah sure, the project is still very much alive. Both BlackHalo and BitHalo have advanced tremendously. The most recent client has decentralized markets and templates.

The first template "Cash for Coins" is already live. It allows you to post to the market with a price tracker that tracks the fiat value of your sale. This is perfect for new users who just want to buy their first crypto. Combined with unbreakable contracts its like a localbitcoins totally decentralized and trustless.

The custom template can still do anything you put your imagination too.

And the new client translates to over 92 languages and has an updated pay to email system.

The rest of the templates will be finished this year completing Halo.

If time allows and the protocol is robust enough, i will complete NightTrader as well (I've yet to decide if microtrading is a marketable way to do decentralized exchange because of waiting for confirmations)

The thing is, the Nu project is not decentralized and it uses custodial wallets and elective parking. Its basically front running. And this system I'm making is not any of that.

It works like so:
You control the total supply by allowing miners to vote for +1% or -1% inflation/deflation.
When the total supply deflates, individual inputs are deflated.
Thus if the total supply is 50% deflated and you have a coin that was never spent since 100% you need to pay 50% back to yourself frozen
This creates 2 classes of coins frozen and liquid. It also creates premium and subpremium liquidity based on the rate and input is set to deflate.
In summary, you can turn a 1 billion supply of coins into a 999 million frozen and 1 million liquid coins increasing the price artificially.
This mechanical/decentralized control of price is not limited to $1 in NuBits case but actually allows holders to set any price they see fit.

Supply and Demand the most basic law of economics in existence. Control that and you control price. If Supply < Demand price goes up. If price seems too high inflate and Supply < Demand price will go down.

And thanks, yeah i agree, the project has come far. The new client has decentralized markets and is very stable. More templates are headed our way for easier interaction with smart contracts.

http://www.merriam-webster.com/dictionary/lisk

Okay this isn't fud but Lisk means groin?  

I really like the ideas for the project but this thing here...

Was this name choice deliberate? Why was this name chosen? What is a lisk?

For all the investors who wonder what goes on day to day just wanted to drop in and say what im working on currently:

Recently i fixed the bitcointools library for high s curve signatures since bitcoins recent update
Ive tripled the fee in bithalo per input due to slow blockchain
ive fixed a minor issue where people who ignore the high fee warning for contracts result in a declined contract now we force them to accept the new fee or reject the contract entirely

im working on the linux and cross platform windows build of the daemon for all altcoins. Ive tried to build in a VM but got some weird memory issues, will be going to some local coding groups to find someone interested in assisting the build (if you know anyone who wants to help set up a VM for a bounty let me know)

After those builds i will buy a cheap mac and set up a build for that too


I've done some windows 10 testing with a new computer i got... windows 10 is a nightmare operating system. Aside from the spyware, it has serious memory issues and processing issues. I have no idea why anyone would use it. Nonetheless everything works. Although the OS is so unstable i almost lost a hard drive when it crashed because i was playing music. Got a faulty stick of RAM changed but i still think the Win 10 OS performs horribly. Forget that it also logs your keystrokes and invades your privacy... even its design makes my 8 processors seem like 1.

Apparently, using simple programs like chrome and winamp can cause 100% hard disk usage in windows 10. Ridiculous.

Today I'm working on a few bugs, if you type foreign characters into a Pay to Email, it can result in not getting encoded for email providers and not seen in the inbox. So thats being updated

Also, im working on cleaning up the queue for submitted raw transactions since they are not labeled for the account and can sometimes not get trimmmed.

And I'm going to check to see if resubmitting automatically to the markets has been working. You must stay connected at a certain sweet spot during the 2 days its posted and if you arent online at that time frame it gets removed and you must submit again manually. But i once did not see it submit so im going to do more tests.

Also i have to test contracts with myself to see if the fee adjusting works with autoaccepting and counter-offers. It might be a series of at least 2 tests.

Live tests take me time sometimes, opening and closing the program, using live coins and just repeating etc.


So just for anyone who is curious, I've been working recently and we will see more frequent updates now.

And for people who are not sure why there are delays, there is a changelog that comes with every new update/build. You can read those and see what was changed. Usually a lot is left out of that because there is no point to list everything. But it helps you as an investor to decide if I'm being lazy or not. 


Finally, if anyone has any bugs, please report them to me. And thank you to the slack group for searching for bugs. The idea is to try to break the client, stress test it etc.

Thanks

Oh no this is not speculation, its must get achieved. I have gotten as far as charting out how its done, basically it is done in the scripting system, will effect individual inputs. And to elaborate, they get tagged with the time it freezes and unfreezes which will tell you how much it is fractionally divisible by. Then miner rules are changed for multiple different scenarios (such as allowing a 3 month exemption if the coin is time locked)

If you count the entire year quite a bit was achieved. Decentralized markets for one.

However, because im coding alone, if something comes up or i lose a few weeks, then there is nobody to code. So unfortunately I have to be constantly coding to finish this all since the software is so large already.

But its okay! This year i plan on finishing everything. So thats the timeline and i do believe this timeline was mentioned before.

Well they may come up with some ideas they have a large team you never know.

This is how i imagine the perfect decentralized coin:

1) The coin needs to run most of its core on a lightning network. What is a lightning network? Basically it daisy chains users together in joint accounts with lock times. Bob->John John->Alice etc... and it simply routes debt from one user to another peer to peer.

This way, users dont need to store a transaction on the blockchain unless it needs to be reported. If Bob wants to pay Alice he routes the debt through John

2) Users should be able to do more with wallets, add public keys, add redeem scripts, etc. There should be a better scripting system
Part of Bitcoins problem is that it has a really useless scripting system. This is actually the (good) part of Etherium. They add to the scripting rules and this is important so we can have special accounts, locktimes and other cool ways of moving money

3) There should be a decentralized exchange... a lightning network for every coin would work or a microtrader like NT or at least an exchange which is multisignature. The issue of speed bloat and latency is huge so microtrading is the last resort but it is also the most compatible with every coin.

4) Smart contracts/apps can work as side chains. Users can really just do all those fancy contracts at their own risk. However, why should the entire blockchain deal with the apps/bloat/etc?

5) Core smart contracts should still be double deposit... because computers are not lie detectors

6) The currency should control its own supply:
This i consider the most important feature. By allowing supply to deflate based on voting or some other method, you can equally freeze and unfreeze coins. If you limit this to at most 1-2% a day, you can basically control price without volatility. Even in volatile markets. You can then set up bylaws for coins and the rate at which they freeze (because once people start moving liquid coins they will have different due dates to freeze). So you can make minimum liquidity rules for sending and so forth.

7) Thus the above control of supply can be used to match demand and set any price you want. Like we do today for any commodity. Frozen coins can also be used to give loans, trade for liquidity and credit swaps etc.

Since your goal is to reduce bloat, you can combine with pruning and reputation systems. Its possible that proof of stake is better than proof of work, however maybe some sort of "proof of activity" combined with POS might be the ideal way to go.

The pegging freezes coins. It freezes them for every input evenly based on the rate of deflation.

So if for example you have 1 billion coins and freeze 99% then the inputs will freeze 99% of any input.

This means that if you hold 100,000 coins you can only move 1000 and the other 99,000 you have to send to yourself as change.

This rule is enforced by miners.

When it inflates your coins become unfrozen but you cant predict when that will happen because of voting.

Extreme example:
You have 1 billion coins and you freeze 99.9999% of them so only 1 coin is available

Everyone would still have an equal fraction of that one coin but it brings up the market cap because i can go on the exchange and offer $100 for that one coin.

This makes the liquid coin worth 100 dollars raising the marketcap to 100 billion.

But thats an extreme example because you want liquidity and volume too so thats too heavily deflated. Instead deflate gradually to a target price.

Yep, its so extremely important to get rid of this pump and dump market that has been preventing bitcoin adoption. Nobody wants to use a currency that swings 25% a day... and this way it can even grow in price.

So then, the only thing that will matter is popularity and volume.

Yeah thats true, it would be hard to fud based on that logic. And honestly, going through the FUD helped my skin get thicker and really helped me forget about my image and not worry about what people think.

Once you have had your character attacked publicly you are forced to face yourself. There is a really cool quote on this...

"Be who you are and say what you feel, because those who mind don’t matter and those who matter don’t mind."

In addition to smart contracts Bay also got the decentralized markets exactly as promised. But the project isnt complete yet of course we still need the rest.

Well this debate is interesting, however I don't want to take too much time away from coding. We could consider a relaunch when the pegging comes but i dont want to do anything that is unfair to investors who have stayed here and waited for ROI. I dont like the idea of diluting them. Letting new people into the market is okay perhaps at a discount since we will end up deflating anyways. It does create more work though.

So i think the best thing to do for now is let people talk about it on the forums in friendly debate and later this year when pegging is done we can discuss it again since im going to be testing it a lot anyways. And yes the btc would be helpful but not yet. If it came in now, it would be one extra thing for me to worry about (managing those funds, training devs). I would prefer to simply finish the coding goals we have here and then to clean up the code and to improve the system more and all that good stuff then i would be more comfortable managing devs.

Besides after i finish the templates i will probably be more interested in going completely open source instead of obfuscated python. So when we finish the pegging coding, then new devs can come in if we are able to raise funds and they will not have to work while im constantly changing the code. I know there is github for that but it would be a distraction simply explaining the code and I've had such a hard time finding reliable devs.

If i finish the goals now, then i wont worry about coding as much since im caught up on work and would be much happier managing and training a dev. So we are in no rush to rebrand.

Also when we peg, we can pay the new devs using frozen coins as well and some sort of bonus which serve as a future payment... if the project succeeds those coins unfreeze because volume increases so they will be motivated to see it succeed. Just another idea

Thank you, i really appreciate it. Its stuff like this that helps me keep my head up and motivated. And once all this software finishes this year it will be completely worth every minute.

Just to get this software done is going to be like having an anvil off my shoulders. I've been working on Halo for 2 years! When it started, never had any idea it would last this long. But i can say its been totally a wild ride.

Hey thats a really good idea... maybe someone in the slack team wants to help with this? I could do a small bounty on that and we can post it there or propose it to their team?