BATA BTA ◈ OLD THREAD - NOW @ https://bitcointalk.org/index.php?topic=2297895.0

[pc888]

Updated website and OP - corrected the links to Paper & Windows wallets. I added link to Mac wallet download.

Let me know if I missed something.

Ah good!  I was looking for the wallet, until I read you accidentally trashed some files on the website.

I will probably compile from source, when I get a moment.

Are you considering a transition from PoW to PoS or even a transition stage where the wallet will be hybrid PoW/PoS?  This transition would be more like a soft fork to make the transition easier for the user (certainly not for the developer).  I find that these wallet changes and hard-forks happen to quickly and people get left behind on the old chain as not everyone checks the forums and websites everyday or week. 

If you know of a developer who can code a POW/POS Hybrid I would offer a bounty.

[1715110380]

1715110380

[1715110380]

1715110380

[1715110380]

1715110380

[1715110380]

1715110380

[pc888]

I just saw this amazing coin. What a reward for the POS ?

The proof of stake inflation rate was voted on and the rates were 5% and 10% - we are planning to do 10%, then 8% and maintaining 5% once the period ends.

[midnight_miner]

Updated website and OP - corrected the links to Paper & Windows wallets. I added link to Mac wallet download.

Let me know if I missed something.

Ah good!  I was looking for the wallet, until I read you accidentally trashed some files on the website.

I will probably compile from source, when I get a moment.

Are you considering a transition from PoW to PoS or even a transition stage where the wallet will be hybrid PoW/PoS?  This transition would be more like a soft fork to make the transition easier for the user (certainly not for the developer).  I find that these wallet changes and hard-forks happen to quickly and people get left behind on the old chain as not everyone checks the forums and websites everyday or week. 

If you know of a developer who can code a POW/POS Hybrid I would offer a bounty.

Going through the wallet code, then I can make some suggestions on path forward.

[midnight_miner]

PC888- Glad to see you back posting! What level of funding are you looking at for the Barter System?

Initial research into platforms I have found a suitable choice and obtained price quote for the barter platform:

Example quote:

Standard Service Setup Fee US$ 500

One time Standard Software Operating Fee
This fee is a combination of the following:

a)  Minimum fee
b)  % of trade volume
 
Monthly fees will be higher of a and b.
 
By way of clarification, software provider will charge 1US$ for transaction of US$ 100.
 
 
a)US$ 350 Monthly
b)1% Monthly
 

Fees include following features,
 
-          Market place with BTA branding

-          Administration section

-          Mobile friendly marketplace

-          iOS App with BTA branding

-          Android App with BTA branding

-          SMS notification (SMS gateway charges will be paid by client)

-          Phone posting (IVR charges will be paid by client)



This quote I have provided has yet to be negotiated to whether we can strike up a deal.

The software would be customized for use of BTA replacing a trade token.

I am not saying that this is the final choice for a Barter platform, but just an example of what pricing would be.

On top of this there are advertising costs for initial campaign. Ongoing advertising costs will come out of fees generated by the platform.

Will this platform be able to keep the anonymity of the participates if Tor or i2P is used?  Does this platform support Tor/i2p as there are exchanges that reject these connections.

This may be a market under-served at the moment.  Not another Silk Road, but a barter system with anonymity build into the platform for those who wish to use it, for legitimate reasons of course!

[pc888]

PC888- Glad to see you back posting! What level of funding are you looking at for the Barter System?

Initial research into platforms I have found a suitable choice and obtained price quote for the barter platform:

Example quote:

Standard Service Setup Fee US$ 500

One time Standard Software Operating Fee
This fee is a combination of the following:

a)  Minimum fee
b)  % of trade volume
 
Monthly fees will be higher of a and b.
 
By way of clarification, software provider will charge 1US$ for transaction of US$ 100.
 
 
a)US$ 350 Monthly
b)1% Monthly
 

Fees include following features,
 
-          Market place with BTA branding

-          Administration section

-          Mobile friendly marketplace

-          iOS App with BTA branding

-          Android App with BTA branding

-          SMS notification (SMS gateway charges will be paid by client)

-          Phone posting (IVR charges will be paid by client)



This quote I have provided has yet to be negotiated to whether we can strike up a deal.

The software would be customized for use of BTA replacing a trade token.

I am not saying that this is the final choice for a Barter platform, but just an example of what pricing would be.

On top of this there are advertising costs for initial campaign. Ongoing advertising costs will come out of fees generated by the platform.

Will this platform be able to keep the anonymity of the participates if Tor or i2P is used?  Does this platform support Tor/i2p as there are exchanges that reject these connections.

This may be a market under-served at the moment.  Not another Silk Road, but a barter system with anonymity build into the platform for those who wish to use it, for legitimate reasons of course!

Good question, yes I was wanting to explore that idea.

[pc888]

Interesting reading regarding https://www.irta.com/ & http://www.bartercard.com.au/  dealings:

http://www.dennis.co.nz/the-barter-series/

There is serious money to be made in the Barter industry and the time is coming to get serious.

I have been in contact with a number of developers who are interested in contributing with the development team of Bata.

So far we have identified some updates required for the current BTA source code which will be undertaken soon. The POW/POS Hybrid wallet / client is being looked into as well - so that the transition from blockchains does not catch anyone by surprise and will give us time to get all exchanges operating on the correct wallet before the Barter Platform is released.

So far BTA is the key element to profits with the exchange as we will not be creating another payment method.

Those who have supported BTA since day one and any new holders of BTA will be continually bear the fruits of trade. The Barter platform will have its own income which I do think a percentage should be set aside for future development, promotion etc.

An E-Book worth taking at look at:

http://www.dennis.co.nz/pdfs/mistakes-of-the-monetary-reformers-1.01.pdf

[kb4scv]

Anyone have issued trading on Bittrex?   Made a couple of trades to buy BTA and it went through and then placed a sell order for the amount and automatically sold it.  Only happened on BTA.  Sent a ticket to Bittrex but have not heard back.  Just wondering if it has happened to anyone else?

[pc888]

Anyone have issued trading on Bittrex?   Made a couple of trades to buy BTA and it went through and then placed a sell order for the amount and automatically sold it.  Only happened on BTA.  Sent a ticket to Bittrex but have not heard back.  Just wondering if it has happened to anyone else?

I have not experienced an issue such as that, but it could be a bot buying. I would be interested to hear what response you get from Bittrex or if anyone else has had the same issue.

Keep us posted. Thanks.

[kb4scv]

Just strange.  I put in a buy and it went through.  Then on Bittrex's end, a sell order for that amount of coins was created and sold all the coins bought with the buy order.  Did it three times in a row and only to BTA. 

I was using my software through the API for the first two buys, but went through Bittrex for the third. 

I will let you know when Bittrex gets back to me, but I cannot buy BTA until it is resolved.

[kb4scv]

Doh, Bittrex has auto-sell feature in their lab tab.  I did not even know it was there. Have no idea how it got turned on, but that was it.  Cost me a pretty penny to find out though!

[midnight_miner]

Doh, Bittrex has auto-sell feature in their lab tab.  I did not even know it was there. Have no idea how it got turned on, but that was it.  Cost me a pretty penny to find out though!

I was watching the trades and scratching my head wondering what was going on...  sorta makes sense now!

Good news the spread was not too large.  You will make back the loss when BATA goes past 2k sat.

[kb4scv]

Doh, Bittrex has auto-sell feature in their lab tab.  I did not even know it was there. Have no idea how it got turned on, but that was it.  Cost me a pretty penny to find out though!

I was watching the trades and scratching my head wondering what was going on...  sorta makes sense now!

Good news the spread was not too large.  You will make back the loss when BATA goes past 2k sat.

yeah, not too worried, but it puzzled the crap out of me for a little bit.  

it sells every ten seconds, so I kept making a buy and it would add all the buys up and dump em!

[cold_nebula]

I see the coin is promising. I hold my coins

[pc888]

I have updated www.bata.io with some colour added to buttons, spacing fixed - cosmetic things. Also did some SEO work.

[grantycoiner]

I see the coin is promising. I hold my coins

Yes going up and up I need to buy more before POS

[grantycoiner]

I have updated www.bata.io with some colour added to buttons, spacing fixed - cosmetic things. Also did some SEO work.

Good work DEV  aka pc888 this BTA coin  barter system is going to be HUGE I have a shop interested in the uk that may offer BTA users 10% discount for paying by BTA..

[pc888]

I have updated www.bata.io with some colour added to buttons, spacing fixed - cosmetic things. Also did some SEO work.

Good work DEV  aka pc888 this BTA coin  barter system is going to be HUGE I have a shop interested in the uk that may offer BTA users 10% discount for paying by BTA..

I can't take the credit for all the work as there has been development collaboration since launch, but thank you on behalf of everyone involved with BTA.
 

[alexrey]

I have updated www.bata.io with some colour added to buttons, spacing fixed - cosmetic things. Also did some SEO work.

Good work DEV  aka pc888 this BTA coin  barter system is going to be HUGE I have a shop interested in the uk that may offer BTA users 10% discount for paying by BTA..

I can't take the credit for all the work as there has been development collaboration since launch, but thank you on behalf of everyone involved with BTA.
 

You are truly a humble and genuine person. Keep up the good work dev!

[pc888]

We have another developer working on the code updates for BTA who has successfully updated to 0.8.7.5 core. There is also a transition to the v2 of the Bitcoin protocol that needs to happen.  On current wallet (core 0.8.6.1) the transition code was disabled.

Before this version is released, testing of the coin transfer, mining and bitcoin v2 protocol transition will be done.

Next upgrade should start soon after the wallet up to date with core 0.10, inline with Litecoin.  This helps keeping the wallet up-to-date and easier to apply any updates that occur with Bitcoin or Litecoin.

Once complete we will be ready to implement the Hybrid wallet (POW / POS).
 

[seedooroff]

Good coin. BUT!!! https://www.virustotal.com/ru/file/e6a141ad6f0207ab6337368e01f3ad46fea35954d7bbb3b0f4b405ef062d0e97/analysis/1474221378/