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1381  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 05, 2015, 02:16:06 AM
Dev.   I had an idea on reputation system.  Is it possible to implement "Successful Trade  vs Failed trade" ratio based on Bitbay address?  So that buyer can see how many good transaction versus bad transaction seller has accumulated prior to committing to contract.  But no verbal explanations as it is useless and just takes up space.



Yes this is already in the system. It gives points for good and bad behavior and most importantly allows you to independently check the success of their previous deals. So you can see if they cancelled, confirmed or blew up any contracts Smiley

Ive still got to finish building that part out though. For now it just shows profiles.

I'm going to give the community a chance to chime in on your post above. There are clearly advantages to ebay and freelancer like not paying fees for one. Also, there is no theft as opposed to ebay which succumbs to scams. Also Freelancer to hire has problems with lazy employees whereas the advantage in Halo or BitBay is the deposit forces them to perform. Coin exchange is on NT exchange will be released soon. Lots of different templates are being made so when they get released, test those and tell me what you think.
1382  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 03, 2015, 12:44:45 AM
Thanks for invitation but not sure if I am good enough know how to be any help.  Not even sure what slack does or for.  LoL.  Also is that bitcoin address or Bitbay address?  I will make 250k bitbay or equivalent donation.  Ain't much but hope it help revamping the face of Bitbay.

As for pegging system, I do not quite fully understand but it will be pegged to dollar?  And supply of Bitbay will be controlled by locking them in wallet or releasing them?  I do like the concept of stability on the Bitbay so that advertised price on contract stays same value, however I do see few of problem.

First, dollar isn't stable.  Its floating fiat currency just like any others like yuan yen or euros.  In us market no problem, but in international market, value of dollar fluctuates.  US dollar is somewhat stable now and hold world reserve currency status, but for how long?  USA is trillions in debt and can't increase interest rate higher than 1% which will crush the gov budget?  US gov, as any other major government out there, will have no choice to keep inflationary policy to lessen its debt load way  way way into future.  Its position as world reserve currency and petro dollar is weakening.  In fact IMF is proposing SDR or new world currency to replace US dollar. So if you are looking out 10 years down the road, this could be problem.

Second, the implementation of control on Bitbay.  How will you lock the supply?  Meaning I can't spend it?  Chee thanks alot.  Also, locking Bitbay will lower its supply and price goes up relative to dollar.  But when everyone goes crazy about Bitbay and wants to have some, Bitbay will get stronger in terms of dollar.  What then? You can either bring UP the supply of Bitbay or bring down the supply of dollar, which we know isn't option.  If all the Bitbays are released and demand is still too strong, Bitbay will go up higher in exchanges, via btc purchases, thus imbalance could ensue. 

I am sure you have thought about all this already, but I think it should be given more consideration before implemented.  Maybe  Bitbay 5.0?

For now, exchange value can be shown on wallet in Bitbay, BTC and dollar?    As for the problem of seller constantly needing to readjust its price, maybe let them sell in any of three,  bitbay, btc, or dollar.  And buyer will have to make calculation on exchange rate. 

In general many worlds currencies were tied to one another, like dollars and euros with mixed results.  Recently, I think switzerland unpegged from euros and saw its value wildly appreciate against euros and other currencies, causing  major disruption.

Overall I am bit pessimistic about it. 




Its a Bitbay address. Bitcoin addresses always start with a "1" or a "3". Hey thanks for the donation, will make sure to use it towards some nice infographics and marketing materials.

Currently, exchange value for BitBay and USD can be seen. Simply click on the "$" sign at the home page Smiley ... in the templates it depends on the template but dollar or Bay can be used. Wether or not it adjusts will depend on the template. Buyer doesnt need to calculate exchange rate in that case, just confirm it.

As for pegging you are close. However the idea of it being pegged to a dollar is a very old notion (perhaps this is one of the things that shoudl be updated in the OP). This system allows for a "rolling peg" so we can roll up the floor if we need to be deflating or if it goes up naturally thats ok as long as its stable.
This concern over the "dollar getting weak" is exactly why the system is designed this way. The major key is not to deflate too fast. Either way, if deflated, you inflate as long as the volume and demand is there, the price should be perfectly stable. Imagine how exciting things will be IF the price can go to a dollar 100% inflated! So the point is not to force it but we are searching for a solution that makes both investors and users of the market happy. Mostly limit volatility and allow long term growth. (Why not go higher than a dollar after a few years? Only time will tell and its too early to make promises)

So yes the idea of $1 is an extinct notion. The rolling peg may just start at ICO price and gradually deflate. The community should engage in discussion because this is an economic tool delving deep into economic theory.

Munti is by far the best one to ask about this, economics is his specialty and he has given me some helpful advice on the subject. We are still talking about all the possible scenarios and best ways to use the tools.

You point about "some of your bay being frozen" is 100% correct. Its not a voluntary freeze, it's mandatory. However, if you make accounts reflect their prices in BTC/Fiat then that amount should remain stable and perhaps is a more user friendly display.

The maximum deflation might be 1-2% per day. That has not been decided yet. Perhaps clients will choose to vote based on a math algorithm, we still need to run tests.

Lets say for example you have 100 coins. If after 1 month it deflates 50% to hit a target (perhaps ICO price) then you will have 50 reserve and 50 liquid. Those liquid coins should be worth more though in theory because supply went down. The voting is decentralized. If the community decides that deflation is stable it wont change much from 50/50. If it inflates you can sell the reserve.

If you want to sell reserve we are considering adding a 3-6 month time locked sale. This prevents is from having the same properties as the liquid coins and also gives it some similarities to a future. Perhaps locked coins will get sold at a discount. Only a person who plans on holding bay for years would want that OR maybe a person doing a sort of credit swap and they dont want to damage the market?! In my opinion this feature is what Bitcoin is missing. That and speed and time locks(and hell 20 other things).

 
1383  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 02, 2015, 10:51:55 PM
Wow, this is the best and perhaps only decentralized market coin I have seen.  I am gonna buy more on this dips.  I did download the beta and applied the update.   It looks awesome.  Great job Devs.  I do have few questions and some suggestions if you don't mind.

Does this beta gui has same block chain as in regular bitbay wallet?  Also does the contract/market functional too?   I been selling on ebay for long time and this looks very viable option if it has wider acceptance.  

I noted few message above regarding marketing.  I would like offer some suggestions on that.  Forget about marketing, and materials etc.  All you need to do is have fancy professionally done OP with roadmap and *working products*.  Best way to market is for the price to go rocket up.  This will turn lots of heads and gain exposure on media.  You don't need perfect product, just hope and imagination is what you need to offer.  You already have fully working products?  Why not ditch services like jobs/barter/hire etc and set it for perhaps Bitbay 2.0.  But finish simple contract/market platform where simpleton like me can post and make a sale.    It would serve great for coin exchange also.  For example, on stock market, there is grey pool for big boys where they buy and sell big chunk outside stock exchange so the market price does not get affected.  What we need is simple yet polished product and not jack of all trade.  Something like Apple Iphone vs Samsung Galaxy.  Both are great but Apple is more simpler and intuitive to use.  You need an Apple like products.  Simple yet does what it does best.

Make a attainable roadmap, with realistic steps and goals.  Release products in timely fashion, and I am sure price will go up, which in turn,will bring in more crowds.  

Let me tell you, you want to be Ebay of Crypto land.  Ebay had first comer advantage and no one can challenge that anymore.  Bitbay also has potential to be one.  But time is of essence and lots competitor are cropping up.  Do it or become irrelevant.  Simple.


Yes it is the same blockchain, all accounts are multisig. However the decentralized markets run off the blockchain to prevent bloating. The contracts have been functional for over one year tried and tested(Its BitHalo/BlackHalo). So you are in good hands. The markets are functional, im happy to do a contract with you. If you wish to post to the markets, please use "Custom Contract" template. I dont control the op but i will let the slack group know that we should have some nice diagrams. Price should go up when pegging/hedging is finished. However personally within the next month or two should be a good time to buy(thats only my opinion, i dont trade coins). I dont give people "hope and imagination" im sorry man, ive always given people concrete products. I cant stand hype and vaporware.

You already CAN post and make sales of any kind, you can hire barter trade coins whatever you want right now using the custom template. Just make deposits equal to the amount. AND you can type the amounts in Dollars it will automatically detect the market price and convert it.

There will be a decentralized coin exchange. You can look up NightTrader and that runs through BlackHalo and BitBay will be supported. However its not going to be finished until the templates are done.

I understand simple but simple and decentralization are actually complex to combine. For example for a cellphone app, you would need servers since phones don't have enough memory to run a program like this. However I think the "templates" will be the simple you are looking for. No other coin will make Halo "irrelevant" since Halo is the only smart contracting platform available right now and its been around for one full year. In my opinion there will always be people who enjoy the software and it will always be a part of crypto. Software takes time and patience and thats why you see almost no competitors(other projects arent being honest or are trying to be dark markets). Also, Apple has billions of dollars to put into UI, Halo/BitBay has only one coder and you are talking to him. This is my best effort to keep it simple Wink ... like the setup wizard for example.

Thank you for the suggestions and support! Please let me know any feedback you have, its helpful.

Lol.  You have done a amazing job for one man show.  I was particularly impressed how installation proceeded like a software, unlike other  crypto mumbojumbos.  Only other wallet worthy of mention is VRC.  And yes I understand "simple" can be complicated on coding part.  And thats why Apple stands out.  But you need to remember Apple started out of garage, and its their product philosophy or rather Steve Jobs, that carried them all this years.  

Good to hear that contract/trading platform is fully functional.  But you will always have this problem.  No products listed, no one will buy.  No buyers so no one will list.  Its chicken and egg problem.  All other auctions sites failed because of this.  Only Ebay stands strong because its monopolistic presence reinforces itself.

Unless you are targeting corporation/business market, you would need to do mass marketing.  Either tried and true marketing blitz which cost lots of money or something like viral marketing.  Either way, its full time work and doubt if you can do it all alone, coding, relations, marketing etc etc.

Or, price goes up. All problem solved.  When people realize what a solid wallet you have, they will be thrilled.  But first they need to come and rising price will get their attention.

Perhaps Bitbay coin price fluctuation isn't your concern and it shouldn't be, but remember more supporters you have, more help you will have and words can spread faster.  I myself only came about your coin during my routine 700 pages coin chart scan.  Other wise, I would have never heard of it.  Trust me, price goes up, boards will be filled and more converts will show up.  Some of them might even start lending hands or donations or start listing contracts.  Who knows.

I know for sure at least beefed up OP page will help.  Use lots of cool graphics and plainly laid out road map with past accomplishments.  Put in dates too if possible.  Basically its same information but laid out better with cooler graphics.  Check out EKN op page ( https://bitcointalk.org/index.php?topic=1019681.0 ).  Mostly its copycat vaporware with thin promises, not like Bitbay with solid product, and yet I bought in for quick ride because I know crowds will buy into it.  I bet you EKN will be has been in few months with missing dev.  But point is, people are people and they like cool looking stuff.  Just look how long EKNs OP page is.  Picture tells thousand words, and this is reason why corportions spends billions on marketing, letting people know what a great product they have.  

I am willing to donate some coins for graphic artist to "renovate" OP, and list some item when "template" is finished and off the beta status.  

It seems to me that perhaps you are perfectionist, trait that I admire, but seriously consider bring out the core product out of beta, cut out all the excess for future development, laid it out on roadmap on revamped OP page.  At least this will clearly show advanced wallet that you have.  Right now, you don't even have screen shot of beta wallet.  sigh.

I am speculator/investor so I do not mind dips( actually I love it), but clearer presentation will benefit whole community.  Bitbay is one of my few long term holds and will add more when I see dips and funds become available.  




Thanks this is very good feedback. In fact, a fund was set up recently that one of our most trusted slack members manages (if you want to coordinate on slack let us know) this is the wallet they set up B6HtsEuEQfzJTsf751xFj11DpuFjzQfgiS and im sure they will really appreciate the hand. Of course even if you don't donate I will make sure to set up a better OP. I think you are correct and some infographics and a great looking OP is a very good idea. I'm going to point some of them to this comment you made and see what they think.

Have you looked into the pegging/hedging system that will get added to BitBay? If not, i highly recommend looking at that because it pretty much is exactly what you asked. You said if price goes up, then it will market itself and that system is designed to allow demand matching supply in a completely decentralized way.
1384  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 02, 2015, 10:41:51 PM
I have the idea. Why not inform alibaba/aliexpress and other such sellers about bitbay? Just sending them messages and emails? I think many of them could be happy to have another opportunity to sell, in addition with what they already have.

Yeah this is eventually the plan. I was even thinking of having a permanent shop for trusted suppliers. So people who want to sell millions in volume can contact us and get on a special list so their listings are always in the client. Regardless, I'm trying to finish templates first so all the forms are user friendly.

In fact, once i finish an api, why cant we make a little program that does affiliate orders. So somehow a user can place ebay orders from other suppliers in BitBay that they would be willing to broker? This was we can wire through popular providers. IF there was a gateway. The thing is, it might be a little bit more expensive since the person reselling will want to mark up any item. However, it does populate the markets and i think thats kind of cool.
David l just would like to wish you good luck at Mind the Gap crypto 2.0 virtual seminar.

Thank you sir, it will be interesting. Smiley
1385  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 02, 2015, 07:16:59 PM
Wow, this is the best and perhaps only decentralized market coin I have seen.  I am gonna buy more on this dips.  I did download the beta and applied the update.   It looks awesome.  Great job Devs.  I do have few questions and some suggestions if you don't mind.

Does this beta gui has same block chain as in regular bitbay wallet?  Also does the contract/market functional too?   I been selling on ebay for long time and this looks very viable option if it has wider acceptance.  

I noted few message above regarding marketing.  I would like offer some suggestions on that.  Forget about marketing, and materials etc.  All you need to do is have fancy professionally done OP with roadmap and *working products*.  Best way to market is for the price to go rocket up.  This will turn lots of heads and gain exposure on media.  You don't need perfect product, just hope and imagination is what you need to offer.  You already have fully working products?  Why not ditch services like jobs/barter/hire etc and set it for perhaps Bitbay 2.0.  But finish simple contract/market platform where simpleton like me can post and make a sale.    It would serve great for coin exchange also.  For example, on stock market, there is grey pool for big boys where they buy and sell big chunk outside stock exchange so the market price does not get affected.  What we need is simple yet polished product and not jack of all trade.  Something like Apple Iphone vs Samsung Galaxy.  Both are great but Apple is more simpler and intuitive to use.  You need an Apple like products.  Simple yet does what it does best.

Make a attainable roadmap, with realistic steps and goals.  Release products in timely fashion, and I am sure price will go up, which in turn,will bring in more crowds.  

Let me tell you, you want to be Ebay of Crypto land.  Ebay had first comer advantage and no one can challenge that anymore.  Bitbay also has potential to be one.  But time is of essence and lots competitor are cropping up.  Do it or become irrelevant.  Simple.


Yes it is the same blockchain, all accounts are multisig. However the decentralized markets run off the blockchain to prevent bloating. The contracts have been functional for over one year tried and tested(Its BitHalo/BlackHalo). So you are in good hands. The markets are functional, im happy to do a contract with you. If you wish to post to the markets, please use "Custom Contract" template. I dont control the op but i will let the slack group know that we should have some nice diagrams. Price should go up when pegging/hedging is finished. However personally within the next month or two should be a good time to buy(thats only my opinion, i dont trade coins). I dont give people "hope and imagination" im sorry man, ive always given people concrete products. I cant stand hype and vaporware.

You already CAN post and make sales of any kind, you can hire barter trade coins whatever you want right now using the custom template. Just make deposits equal to the amount. AND you can type the amounts in Dollars it will automatically detect the market price and convert it.

There will be a decentralized coin exchange. You can look up NightTrader and that runs through BlackHalo and BitBay will be supported. However its not going to be finished until the templates are done.

I understand simple but simple and decentralization are actually complex to combine. For example for a cellphone app, you would need servers since phones don't have enough memory to run a program like this. However I think the "templates" will be the simple you are looking for. No other coin will make Halo "irrelevant" since Halo is the only smart contracting platform available right now and its been around for one full year. In my opinion there will always be people who enjoy the software and it will always be a part of crypto. Software takes time and patience and thats why you see almost no competitors(other projects arent being honest or are trying to be dark markets). Also, Apple has billions of dollars to put into UI, Halo/BitBay has only one coder and you are talking to him. This is my best effort to keep it simple Wink ... like the setup wizard for example.

Thank you for the suggestions and support! Please let me know any feedback you have, its helpful.
1386  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 02, 2015, 03:45:43 PM
I have the idea. Why not inform alibaba/aliexpress and other such sellers about bitbay? Just sending them messages and emails? I think many of them could be happy to have another opportunity to sell, in addition with what they already have.

Yeah this is eventually the plan. I was even thinking of having a permanent shop for trusted suppliers. So people who want to sell millions in volume can contact us and get on a special list so their listings are always in the client. Regardless, I'm trying to finish templates first so all the forms are user friendly.

In fact, once i finish an api, why cant we make a little program that does affiliate orders. So somehow a user can place ebay orders from other suppliers in BitBay that they would be willing to broker? This was we can wire through popular providers. IF there was a gateway. The thing is, it might be a little bit more expensive since the person reselling will want to mark up any item. However, it does populate the markets and i think thats kind of cool.
1387  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 02, 2015, 12:41:58 PM
Will there be an update/roadmap soon?

On the previous page i uploaded an update to the windows client. And soon there will be an update with templates I'm working on that now.
1388  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 02, 2015, 12:40:01 PM
I'll be doing a blogpost as part of a Syscoin Marketplace competitor research blog. I had some questions about BitBay as I featured it as one of the leading contenders in the marketplace space.

1) Since BitHalo uses BitMessage, would you be able to do off-line sales like that with blockchain versions of marketplace?
2) Are you using the moderation layer of BitHalo to censor offers? If so, what sort of incentives will users have to become moderators?
3) How would you support anonymity... i mean interms of obfuscating IP addresses not necessarily encrypting messages which come OOTB with BitHalo.

Yeah you can do offline sales absolutely. At some point, you need to broadcast though. This in effect is better than blockchain versions because its peer to peer. This really avoids blockchain bloat. Although Bitmessage itself could get bloated. However in that case changing/adding ports, establishing whitelists and dividing markets will solve that issue. Link markets dynamically the way the internet currently does.

Currently, moderation is used to delete offers for highly illegal things not censor them (that would be impossible since everything is encrypted coming in unless every offer was reviewed in advance). Obviously we dont want organ trading and other crazy things on there. Lets do our best keep this clean so we can reach the masses. Of course we cant possibly know all the markets because bitmessage decryption keys are based off the market name.

So a moderator broadcasts a message to say a market or an order should be ignored. However, a node would have to be connected to see that. Nodes that dont connect within the 2 day period will simply not see it. A permanent ban can happen by checking a server and eventually a burn address can be used. Incentive for moderation is just based on good behavior and constant connectivity. A merchant who always uses the markets and does great can be issued the moderation key. If you place that key in the folder your version of Halo is instantly converted to the mod version with extra options.

This system is extremely anon. The IP addresses are encrypted with a supermoderator key. So only I hold that one and it can be used for very positive reasons. For example, a node who is always connected can be added to knownnodes.dat in bitmessage so we have faster markets(without revealing the ip itself). However consider that I only can see an ip address of a market that im connected to. If something happens in a market I dont see it would be impossible to log that due to the nature of Bitmessage. And ive never bothered to decrypt them anyways because we are not big enough to need the performance boost of new known nodes.

Its like triple anomynoty. First with bitmessages encryption then we encrypt again in Halo and finally the p2p negotiations are encrypted with there key. So unless you are a peer to a transaction there is absolutely no way to intervene.

I should add, if you use Tor with Bitmessage or Bitcoin you lose all of your anomynoty. There is some great articles on that. In fact it even opens you up to some really powerful attacks by controlling exit nodes. So I'm looking forward to developements in i2p and mesh(people can always add Tor manually to their config file but i dont recommend it).

Thanks,

So if a node is offline for more than 2 days its p2p memory pool of transactions is erased correct? What happens if someone pays for an offer but that node is offline for longer than 2 days? Not saying it is a common scenario just asking the what if's...

Thanks for the clarification I will add them to the blog post. Looking fwd to your comments.

Great question! We recommend that you keep the client on during negotiations. If its responding to an offer it will time out after a couple days. We also recommend you use encrypted email instead of bitmessage during a p2p negotiation for reliability and speed. However bitmessage itself will send messages again until they have been received but i have to admit I'm not sure I like their protocol and might change it. They send 2 days then 4 then 8 so there are gaps I think. Instead for now the way to fill that in if you chose to use Bitmessage during negotiations is for the client to automatically resend the message. Also, for timeouts all my templates will give a lot of extra time to plan for delays. You can extend time of escrow by mutual agreement.
1389  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 02, 2015, 01:12:04 AM
Poor Bitbay, poor Dzimbeck, coins were dumped in the low-cost, it seems, Bitbay is not far away from the dead, sad!

1390  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: May 01, 2015, 10:53:24 PM
Hey everyone, ive uploaded an update to BlackHalo with some performance enhancements as well as bug fixes. Templates are not ready yet (except
custom of course works). Templates will be rolled out in the next update followed by NightTrader.

www.davtonia.com/blackhalo/blackhaloupdate.exe

Thanks!

(Note: this is not the full installer, its only for updating current installations. If you want the full installer go to the BlackHalo.info website)
1391  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 01, 2015, 10:48:53 PM
Ok so here is an update installer for the windows client. Its mostly just performance enhancements and a few fixes like the bug in the previous page.
This update isnt being rolled out for linux yet. Instead that will probably be uploaded when i finish the templates.

www.davtonia.com/blackhalo/bitbayupdate.exe
1392  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: May 01, 2015, 07:50:46 PM
I'll be doing a blogpost as part of a Syscoin Marketplace competitor research blog. I had some questions about BitBay as I featured it as one of the leading contenders in the marketplace space.

1) Since BitHalo uses BitMessage, would you be able to do off-line sales like that with blockchain versions of marketplace?
2) Are you using the moderation layer of BitHalo to censor offers? If so, what sort of incentives will users have to become moderators?
3) How would you support anonymity... i mean interms of obfuscating IP addresses not necessarily encrypting messages which come OOTB with BitHalo.

Yeah you can do offline sales absolutely. At some point, you need to broadcast though. This in effect is better than blockchain versions because its peer to peer. This really avoids blockchain bloat. Although Bitmessage itself could get bloated. However in that case changing/adding ports, establishing whitelists and dividing markets will solve that issue. Link markets dynamically the way the internet currently does.

Currently, moderation is used to delete offers for highly illegal things not censor them (that would be impossible since everything is encrypted coming in unless every offer was reviewed in advance). Obviously we dont want organ trading and other crazy things on there. Lets do our best keep this clean so we can reach the masses. Of course we cant possibly know all the markets because bitmessage decryption keys are based off the market name.

So a moderator broadcasts a message to say a market or an order should be ignored. However, a node would have to be connected to see that. Nodes that dont connect within the 2 day period will simply not see it. A permanent ban can happen by checking a server and eventually a burn address can be used. Incentive for moderation is just based on good behavior and constant connectivity. A merchant who always uses the markets and does great can be issued the moderation key. If you place that key in the folder your version of Halo is instantly converted to the mod version with extra options.

This system is extremely anon. The IP addresses are encrypted with a supermoderator key. So only I hold that one and it can be used for very positive reasons. For example, a node who is always connected can be added to knownnodes.dat in bitmessage so we have faster markets(without revealing the ip itself). However consider that I only can see an ip address of a market that im connected to. If something happens in a market I dont see it would be impossible to log that due to the nature of Bitmessage. And ive never bothered to decrypt them anyways because we are not big enough to need the performance boost of new known nodes.

Its like triple anomynoty. First with bitmessages encryption then we encrypt again in Halo and finally the p2p negotiations are encrypted with there key. So unless you are a peer to a transaction there is absolutely no way to intervene.

I should add, if you use Tor with Bitmessage or Bitcoin you lose all of your anomynoty. There is some great articles on that. In fact it even opens you up to some really powerful attacks by controlling exit nodes. So I'm looking forward to developements in i2p and mesh(people can always add Tor manually to their config file but i dont recommend it).
1393  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 30, 2015, 01:31:12 PM
Such a great bitbay, the price is so low, it is covered up tall image of david. The bitbay team of the promotion personnel should work hard.


It is indeed a great Bitbay, the price is where the market believe it should be and to be honest i am happy with it where it is at the moment it is no rush is it? I am sure the right promotions will come when they are ready, this is still in beta testing so lets wait until public release.

@ David I am running linux and it has come to my notice the last few times logging in that i am lagging and getting a slow response has anyone else reported this?

Thanks.

Yes it mostly on Linux and I'm pretty sure the issue is going to be fixed in the next version i think. Ive made some UI performance updates.

Oh that is good thank you for letting me know that it is not just my computer lol I will look forward and stay tuned to catch the next fixed version as I would love to do some trades on there but I am not really able to like this. UI performance update sounds good to me. I will be here Smiley

Yes this next version is focused on stability and its my closest version yet to being commercial. ive got to see if the bug for speed in linux i fixed was not related to a common pyqt bug or not. I changed the way file saving is done so your hard disk doesnt slow the GUI down. Tons of changes were made. Most critically, i made it so BitBay deletes old emails once contracts complete. That will speed up messaging too. So now, there is just templates and NT exchange.

Sounds very good being closer to commercial and I feel privileged to have a nice stack this early on! The projects future looks so bright bringing what is needed to the crypto world not taking from it like 7/10 try/want to do.

Yeh the speed issue is a little annoying but I will be holding out however long it takes to be fully fixed as I have tried it on windows and it is much more smooth and responsive. The templates are to make the process even easier I take it?

It is already simple I may add but anything to make it easier and more simple for average joe will be awesome. Looking forward to NT get some decentralized trading going on!

The templates are for all of the things needed. Forms, for example shipping information or bank or funding info. Perhaps encrypted info and any automation. Like if an automated payment is needed etc.
1394  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 29, 2015, 11:52:47 PM
Such a great bitbay, the price is so low, it is covered up tall image of david. The bitbay team of the promotion personnel should work hard.


It is indeed a great Bitbay, the price is where the market believe it should be and to be honest i am happy with it where it is at the moment it is no rush is it? I am sure the right promotions will come when they are ready, this is still in beta testing so lets wait until public release.

@ David I am running linux and it has come to my notice the last few times logging in that i am lagging and getting a slow response has anyone else reported this?

Thanks.

Yes it mostly on Linux and I'm pretty sure the issue is going to be fixed in the next version i think. Ive made some UI performance updates.

Oh that is good thank you for letting me know that it is not just my computer lol I will look forward and stay tuned to catch the next fixed version as I would love to do some trades on there but I am not really able to like this. UI performance update sounds good to me. I will be here Smiley

Yes this next version is focused on stability and its my closest version yet to being commercial. ive got to see if the bug for speed in linux i fixed was not related to a common pyqt bug or not. I changed the way file saving is done so your hard disk doesnt slow the GUI down. Tons of changes were made. Most critically, i made it so BitBay deletes old emails once contracts complete. That will speed up messaging too. So now, there is just templates and NT exchange.
1395  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 29, 2015, 12:15:41 PM
The old wallet kept on crashing on me. So I reverted back to old wallet. I hope that wont effect staking. Since I am running windows xp Wink

Can you PM me with a description of what happened? Thanks
1396  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 29, 2015, 12:14:18 PM
Such a great bitbay, the price is so low, it is covered up tall image of david. The bitbay team of the promotion personnel should work hard.


It is indeed a great Bitbay, the price is where the market believe it should be and to be honest i am happy with it where it is at the moment it is no rush is it? I am sure the right promotions will come when they are ready, this is still in beta testing so lets wait until public release.

@ David I am running linux and it has come to my notice the last few times logging in that i am lagging and getting a slow response has anyone else reported this?

Thanks.

Yes it mostly on Linux and I'm pretty sure the issue is going to be fixed in the next version i think. Ive made some UI performance updates.
1397  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 28, 2015, 02:21:32 PM
David,

I'm having issues with the marketplace as well.  Syncing to correct block but the history tab has "no internet connection" and the balance on main tab is "not up to date" and doesn't reflect my correct balance. Been since the 21st that something went wonky as I had a deposit to wallet then but my deposit to wallet from the 25th refuses to show up.

Do we just need to wait for next update? My balance on the block explorer is correct, just not in wallet.

Yes the issue you are having is the same as above. The google server it pings to see if there is internet connection is down. Thus it doesnt realize its online. Ive already fixed this. Either it will come back online or in the next update a different method is already being used.
1398  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: April 28, 2015, 10:24:27 AM
Hmm if you click on the history tab, does it say "not connected to the internet"? Because, the software checks a standard ip address to see if the internet is going. Specifically, http://74.125.228.100 which is a google ip address that used to give a quick response for slow internet. I noticed that link has been down. My new version im working on also checks google.com if that fails i suppose i could also check to see if we connected to any nodes on the network as an alternative although that isnt immediate.

So yeah, it should synchronize even if it says 0% i know thats sort of strange however, that address should come back online. If it thinks its not connected to the internet it wont get the time online and thus will not be able to calculate an estimated block height(of course it can also use the computers timestamp but its always best to have 2 because of differences in timestamps).

Anyways, let me know if that node goes back online otherwise it will be in the next update. If it is stuck at block 80640, you could try restarting your client. Just exit and come back in. If it still is stuck please send me the debug.log which is in the bitbaydata folder.
1399  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 28, 2015, 12:24:43 AM
anyways guys, im almost done with cold staking. I just had some questions for rat4 about submitting the block. IF you guys hear from him, let me know. I sent him an email. Rat4 if you see this please check your email buddy.
1400  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 28, 2015, 12:19:06 AM
What's the best way to buy Blackcoins with cash?

buy bitcoin at an ATM and exchange for Blackcoin.

There's no bitcoin ATM near me.

You can post in BlackHalo markets, i will sell you some on contract. If you post, PM me and let me know you did that and if i see the order still there i will take it. You should set the amount you want to buy, deposits equal to the amount and just post using the "custom contract" template the others are not yet active.
We we set the exchange rate the date of acceptance plus a small markup.

If you type a dollar sign $ in front of your payment it converts to fiat for you.
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