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1641  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: January 01, 2015, 08:21:53 PM
This was just sent to me. Its interesting. What do you guys think of the "bronze" package?
http://99designs.com/pricing
1642  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: January 01, 2015, 08:18:17 PM
Everyone, this was submitted in Trello a while ago too. Would like to share these logos here:
https://trello-attachments.s3.amazonaws.com/546c685d137b47cfb2309f7b/2000x1043/959c4dac78db7640f26c88f494d342a8/BitBay-Logo.png
1643  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: January 01, 2015, 08:17:35 PM
David, please, listen to me. As far as I know you are not a graphic designer either. Please let a professional handle this. Anyone who is not a graphic designer professionally simply cannot know or select what is a good logo. It's like if you were not a programmer and someone showed you some code and asked if you thought it was good. You have no idea, and it looks like it works, but it actually is full of holes and backdoors because you have no idea what you are looking at. It's the same thing for graphic design, except people think anyone can just look at something and know if it's "good" or not. The reality is that they can't, which is obvious with the people saying some of these logos are "good" when they look like they were designed by middle schoolers for a class assignment. If you want BitBay to look credible, you have to shell out the cash for professional design -- for the logo, for the UI, for the website, everything.

It's 2015 now, and people are accustomed to a certain style and usability in apps and websites. If you can't deliver that (and from what I've seen you can't without outside professional design help), nobody is going to take BitBay seriously. You raised a ton of money via the IPO, you can afford a few hundred dollars for some professional design work.

Hey there, I agree with what you are saying also. However keeping the community engaged is also nice. We will award winners regardless of if the logo gets used or not. With that said, if you know any professional designers im more than happy to meet with them. Youve gotta realize, I'm on a brutal deadline now. So I've got very limited time to manage every minor project. If im not coding, I'm eating networking or sleeping. We've got a dev fund and some BitBay also I'm ok with paying out of pocket a bit too. So management/secure a good project manager is the bigger challenge than actually just shelling out coins.

Actually, I used to do professional design from editing to commercials and graphics. But of course time is a concern. A good project manager is needed. And just because there are funds, budgeting is critical. There is no right answer to correct budgeting. It takes someone with excellent foresight and business acumen to budget properly.

So yeah, im looking for a supercoder, project manager and some people to step up to do these engaging community bounties. Just relax, let everyone enjoy the competition. We will pick winners regardless of if the logo gets used or not. We can always change the logo and if anyone knows a pro designer, I'm more than happy to look at his resume/work etc.

Everyone knows my original intention was to be project manager. However now, I've got many different things to work on in the code and it will be months before i can relax. I can give as much time as possible to work on project management but it comes second to coding.
1644  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: January 01, 2015, 08:03:50 PM


would get a lot of media attention if we used these well known colours which would increase awareness?

Just my 2 cents worth?

Did these quickly - i could do them better or someone else with graphic design skills

Haha very reminiscent of Ebay. The only thing is, we need the logos symbol to fit within a circle on a coin so it can be used on coinmarketcap.com etc
1645  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: January 01, 2015, 05:57:44 PM
Actually I think some of the logos were pretty interesting. There is one other I got sent via email or on Trello I should look for it and post it here too.
1646  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: January 01, 2015, 11:07:08 AM
hey is there a reason images arent showing for me on bitcointalk
Had the same prob yesterday, when I tried to link. The Imgur link worked though.

i know why imgur is blocked at my location... can see them in Tor
1647  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: January 01, 2015, 10:15:31 AM
Any update, David?

yeah for sure, please move to the new thread https://bitcointalk.org/index.php?topic=890531

and also reddit.com/r/bitbay

all of the updates are there. The community is working on slack and ive got an updated client coming shortly.
1648  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: January 01, 2015, 09:17:48 AM
hey is there a reason images arent showing for me on bitcointalk
1649  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: December 31, 2014, 02:08:35 AM
heres my entry for the contest
let me know what you think

l personally don t think that re-branding is a good idea! original BitBay logo is just perfect one coz nothing to hide,ha?

I do like the logo, someone sent me one a while ago which was also nice. If we get some submissions it might be interesting to see. But actually, there is a bunch of things on Trello AND we just synchronized the Trello with Slack! So maybe we can bring some people there too. We can do more bounties too. I think its a good way to keep people involved.
1650  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: December 30, 2014, 10:11:19 PM
Quote
Hello Twitter! # My first tweet
in chinese.
That's all I see at the official Twitter page?
Not very much for a promising project like BitBay imo

Should we change it to say "BitBay Official" instead? My partner who runs my twitter may have some advice on it. We can perhaps pay to market it a little bit.
Who runs the twitter? Can you add me on skype?
1651  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|Rebrand on: December 30, 2014, 10:04:46 PM
This was a great idea Steve, this kind of thing can not only help us disperse our Bitbay more evenly, but it can spark some community interest.
1652  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|IoT Tech on: December 30, 2014, 03:47:58 PM
New Logo contest for BitBay
We plan to rebrand bitbay project.


We have 1 million baycoin(about 0.6btc)  bounties for our new logo contest winner.
First winner will get 0.5 million bitbay
Second winner will get 0.3 million bitbay
Third winner will get 0.2 million bitbay.

community will vote for this.
The contest will end at 10th Jan.


Design Brief

We are looking for something possibly abstract to represent BitBay which is both our currency, and also a decentralized service set that can enable blockchain based service, such as decentralized marketplace and decentralized smart contract applications.

We looking for something that can double as a logo for our decentralized service and a symbol for bitbay currency.

Good luck !
Thanks for your support.


you can post your logo in this thread.

Damn! Nice bounty! Thats really a great way to distribute our sacks of BitBay. Lets do this so we can hit every milestone on Trello.  Grin
1653  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|IoT Tech on: December 30, 2014, 03:46:48 PM
As for the c++ implementation. I can use the same libraries for scripting in c++.

What tool so you use to integrate the python and c++?

Well I can do it manually. And my friend tells me I can actually do python inside of c++. There is also cython. So there are 3 options. I'm going to do it in traditional c++ when I finish unless I find a really strong dev who wants to do it.

I'm talking to a "superdev" right now but I'm not sure if he will do it fast enough. But I'm doing markets first so we have a little time.
1654  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|IoT Tech on: December 30, 2014, 04:48:12 AM
checklocktimeverify also allows parking as an elective to tighten supply more and it means i can do Halo escrows in one beautiful TX

Elegant, right up to the part about miners counting votes. How would that be implemented?

Its very easy you have a vote on increase or decrease of interest every 500 or so blocks.

They vote by paying to a voting address 5500 satoshis(the network minimum) perhaps one vote per address. It can for example be calculated based on balance of the sender like staking. Then the small 5500 satoshi votes are added up, they have the vote in the script or 3 different addresses are used.

The increase and decrease in interest for example can be like .1% for every 500 blocks. Obviously this can compound really fast so even that can be too high

so its +.1%
or     -.1%
or     even/not enough votes
1655  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|IoT Tech on: December 30, 2014, 12:56:02 AM
checklocktimeverify also allows parking as an elective to tighten supply more and it means i can do Halo escrows in one beautiful TX
1656  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|IoT Tech on: December 30, 2014, 12:53:47 AM
So David, can you ELI5 how you are going to peg bitbay with wallet transaction scripts?

On a protocol level I have been deliberating over a few ways to do it. Basically, you make the first rule a mining rule that makes it so transactions before the fork are all conditionally frozen to spend X% of the input.

Then the transaction is tagged much in the way a colored coin is tagged.

So, you can use checklocktimeverify to freeze the funds as a requirement, although i think that is overengineering it maybe.

Possible other ways are to tag it with a required script with a special meaning in OP_RETURN

another way is to require a script in the transaction that would be redundant, but meaningful to miners and require it in order to color the coin.

Shit, you can even burn an encoded coin as a requirement.

Then, you make the miners require you pay X% back to yourself as change and freeze it in the input (if it is deflation)
Or, you allow spending X% of the frozen input to any external address to be marked as liquid (inflation)

Also, any coins that stake must be forced to either freeze or include a script.

Then you can set a hard % from the fork. Lets say 10% of the supply becomes liquid. So 100 million liquid coins.
Any input before block X can only spend 10% in this example.

Then, in order to set the network variables we have two options and im leaning towards voting.

You set it so, simply pay coins to a voting address which gets counted every X blocks. Its possible to give a "master key" by letting one vote count for more. Or just make it purely democratic.

That vote determines if we are inflating or deflating.

Now, in order to peg, we just need to make sure the inflating and delfating amouns match the market price. However, i do like the idea of growing the coins value. So maybe we can just vote on deflating slowly for a while so the price can rise and put a buy wall below it. Its really up to you guys. Since there is a few people with a lot of coins, ironically it can keep a lot of coins off market too which i think is actually nice in the beginning.

miners would have to count votes and keep track of the rates for all the blocks. so the miners properly enfore the mandatory scripts.
1657  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|IoT Tech on: December 30, 2014, 12:40:19 AM

By the way not sure if I  mentioned this earlier but I DID find a way to test out pegging in Python before forking. It was a really good realization. I realized, I can add the rules needed to peg on the client side directly in the Halo wallet! Granted, only people running the client would follow the rules, but the transaction scripts would be essentially the same as they would when they become hard coded mining rules. This saves me the trouble of building in c++. Then when I finish and prove the concept, my merge into c++ should be much more trivial.

I will think of some ways people can help. Trello was my first attempt. I think it would be good to have a project manager for the bounties and somebody to help manage.

I'm not sure I follow, perhaps I'm a bit thick. By "pegging" we mean that we arbitrarily set the value of bitbay, in this case, to equal the value of some other object? As an example, let's peg bitbay to USD. Let's decide to peg bitbay at USD $0.25, a quarter. What does it mean that you can accomplish that in the wallet? The wallet is simply a container. It doesn't know anything about value. Even if it does transactions, if I buy a glove for 35 bitbay, the wallet doesn't care what value the coins have in USD or BTC or walnuts, it just sends or receives 35 bitbay coins. In order to peg a coin, you must be able to control the value that the coin trades for on the exchanges. You would need a very tight control on the money supply to do that.

Can you please explain to me how you can set the price of a bitbay coin anywhere by doing something in the wallet?

Doing it in the wallet i can force transaction scripts. Its just to prove the concept and then i bring those scripts into c++ as mining rules. Take a look at NuBits and BitUSD all variations on similar themes. The rules will control supply to reflect demand. Lots of people wanted this to be a peg that grows and moves so perhaps we add voting to allow the users to influence market conditions and have a default if no vote is casted.

Basically the rules allow deflation and inflation.

I'm still not following, NuBits is using trading bots on every exchange to keep the price stable near $1.00. bitUSD traders expect it to be near a dollar so they trade it on the exchanges in a way to keep it near a dollar. Both coins are Market Pegged. Neither is Wallet Pegged. A coin is a store of value, but the wallet doesn't know that or care. What do transaction scripts have to do with pegging the price? Why would you need to test pegging in wallets? My wallet doesn't care how much USD the incoming coins are worth. To peg bitbay you have to control the exchange price, I would think. Also, be careful thinking you can port python code into C++. It may not be as easy as you think, especially if you really have no knowledge of C++.

Yeah im not using trading bots its purely control over supply and demand. And most likely a buywall. There will probably not be a sell wall because I dont believe in custodial wallets although we can discuss it after the fork.

I think you are misunderstand the wallet peg. Because python is high level language, its easy to prove the concept in the wallet. The wallet can read the scripts the same way miners do. But it is not at all what i will be releasing. Think of it like a "testnet"... where we dont need to fork to try out new rules.

Then after im sure there is no way to use checklocktimeverify to hack your way out of having assets frozen or liquid, i can make it a hard coded rule.

As for the c++ implementation. I can use the same libraries for scripting in c++. Also, I use daemons to communicate (aka blackcoind bitbayd) so those RPC calls refer to libraries in the program itself.

Also, I do have some c++ experience granted years ago when i was in my teens. I'm self taught Python and from everything I've learned, reading the bitcoin source isn't too hard.

But yeah having a c++ guy on board would be nice. Its not needed. When I set out to do something, I do it. That is how Halo got built. I was determined and did lots of hard work.

With that said I'm in discussions with a guy who thinks he can port my python to c++ as a hard coded mining rule. My guys went out and looked for devs but so many of them are wishy washy. So I'm going to code everything I have to get to our milestones and go from there. Wink

As for the "email tipping" update, its because I'm doing a major BitHalo release with a new UI. So this is basically the last few features that are not markets. So email tipping, sending to multiple simultaneous addresses (useful for joint accouns and tipping), automatic signing of joint payments (really useful for hackproof wallets), first time user wizard (completely needed for everyone who is new to Halo to set up email, wallets, everything)

When thats done, I can finish the markets. Bitmessage is already in the client so to get the markets coded its mostly very UI and template heavy. And i can give periodic updates.

If you want, i can explain in depth how the pegging is done from a scripting perspective.
1658  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|IoT Tech on: December 29, 2014, 10:23:39 PM
Making claims without substantiation is what Bitbay has been about so far. If you own close to 100 mil coins, provide your wallet address and move coins afterwards to prove it.

BBRU7aDjAzsDPXo6gvKEJJdo34L5sZDAqb

FYI the buywall of 8BTC is mine:), when i am done with that close to 110mil
You can see all my transactions, so now it's your turn..



wow huge stash Smiley

how many btc have you used to accumulate this amount?

btw david

was there a way to strip the scammers of their bay?

Absolutely there is. But its such a highly controversial thing to do. For example, do you remember when Vericoin rolled back the blockchain?! Lots of people said it went against everything crypto is about.

On the other hand this is a totally different situation. I personally do not care if my Bay is stripped since it was simply part of Steves offer. When it was offered i thought they would buy it with real bitcoins and those bitcoins would also go to development. Obviously that isnt what happened. And I think Bob dumped most of his coins. But there really is no telling if he or anyone from his group rebought. And since its so much further down the blockchain, I don't think we can know what anyone has anymore.
1659  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Decentralized Marketplace|Smart Contracts|IoT Tech on: December 29, 2014, 12:00:35 PM

By the way not sure if I  mentioned this earlier but I DID find a way to test out pegging in Python before forking. It was a really good realization. I realized, I can add the rules needed to peg on the client side directly in the Halo wallet! Granted, only people running the client would follow the rules, but the transaction scripts would be essentially the same as they would when they become hard coded mining rules. This saves me the trouble of building in c++. Then when I finish and prove the concept, my merge into c++ should be much more trivial.

I will think of some ways people can help. Trello was my first attempt. I think it would be good to have a project manager for the bounties and somebody to help manage.

I'm not sure I follow, perhaps I'm a bit thick. By "pegging" we mean that we arbitrarily set the value of bitbay, in this case, to equal the value of some other object? As an example, let's peg bitbay to USD. Let's decide to peg bitbay at USD $0.25, a quarter. What does it mean that you can accomplish that in the wallet? The wallet is simply a container. It doesn't know anything about value. Even if it does transactions, if I buy a glove for 35 bitbay, the wallet doesn't care what value the coins have in USD or BTC or walnuts, it just sends or receives 35 bitbay coins. In order to peg a coin, you must be able to control the value that the coin trades for on the exchanges. You would need a very tight control on the money supply to do that.

Can you please explain to me how you can set the price of a bitbay coin anywhere by doing something in the wallet?

Doing it in the wallet i can force transaction scripts. Its just to prove the concept and then i bring those scripts into c++ as mining rules. Take a look at NuBits and BitUSD all variations on similar themes. The rules will control supply to reflect demand. Lots of people wanted this to be a peg that grows and moves so perhaps we add voting to allow the users to influence market conditions and have a default if no vote is casted.

Basically the rules allow deflation and inflation.
1660  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open on: December 29, 2014, 11:16:47 AM
I'm already ahead of the curve in getting retribution for the Initial Coin Offering investors. I've had some lengthy conversations with multiple national lawyers who specialize in Cyber Security and Fraud. Currently we are choosing the best source for representation to determine the best path for quick prosecution. So far it seems best to focus on those holding U.S. passports and Bter exchange as a fraudulent website. If anything, we can make it impossible for these guys to enter the USA again without answering to authorities.

I encourage those who have been affected to send me a PM with your testimony. It's easier to reference when talking about the case.

I also encourage those involved in the Initial Coin Offering itself to drop me a line. Cooperation makes things easier on all parties.

I'm not asking for any money and I will personally be funding the initial resources and filings.

Ok "Diabolic"... I mean Ryan/Bob lol. I remember your fake profile from the unmoderated thread.

The fact you think I am someone I'm not shows how delusional you are. No, I'm not Bob, or Ryan, but I have been in contact with both of them to acquire more information.

Actually, you and Lin are the only ones who havent contacted me personally yet regarding details.

Everyone involved will see justice, those who choose not to cooperate will be targeted first. David, we already have enough information about you. Your relatives will receive the letters first (SEC). At this point, I have been given enough info about you from your friends and partners, your role and replies to me are no longer needed and will be ignored. Carry on, I have work to do.


I was hired as a developer(and still doing the task I was hired to do), there is no law that was broken. Also, your chat history has only been about me. (what a shock) you only have been in contact with Bob and Ryan. You mean the guys that created and pumped the project, got a rebate and abandoned it? Yes add to boot defamation, brand damage extortion, threats etc. You really need to get a life.
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