BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[Piston Honda]

lol see you in 2030

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[cr197]

Have you even checked the progress?

Defi wallet GUI is almost complete. Just need to finish updating the coding in BitBay to make compatible.
https://dzimbeck.github.io/test-page/


Once NightTrader core backend coding is done we can complete bridge coding.
New frontend is nearing completion.

Will update community with images once completed

[cr197]

BitBay's Weekly Update (4/28)

Dear BitBay Community,

As we near completion of our development we have decided to start posting weekly update to share our progress:

- Updated some features on the BitBay.Market website including an updated roadmap. It's exciting to see how many milestones have been completed and how close we are to completing the core build. We still are waiting to start the last bit of development needed for our coin to be able to bridge to the Ethereum network. After doing so we will be able to provide Defi with the revolutionary dynamic peg protocol. If we get delayed too much longer we will look for alternative ways to complete design.

- Beta testing of our decentralized marketplace on EtHalo continues to make progress. Thanks to the community for helping us test. We feel most bugs are now discovered. We feel the implementation of double deposit escrow smart contracts on the Ethereum network will significantly contribute to the expansion of our decentralized marketplace, and give BitBay more recognition. BitBay will be able to work on both our own marketplace and Ethereum's marketplace once the bridge coding fork is complete

As always, we encourage you to reach out to us with your feedback, suggestions, or any questions you may have. Your insights are invaluable to us, and we are here to listen. Join us on telegram for a more active community.

The BitBay Team

[cr197]

BitBay Weekly Update (June 4th)

Development Updates:

- We have exciting news to share! Our developer has managed to allocate some time in his busy schedule to start updating the C++ code for BitBay. This update will enable BitBay to bridge into the Ethereum-based ecosystem as an ERC-20 token. More time will be allocated as he completes his other major task. This will allow us to bring the dynamic peg protocol to all EVM's. It is a form of price stability without being hard pegged.

- Additionally, we have discovered that Avalanche (AVAX) has released a protocol that allows any ERC-20 token to be used for gas on any platform. This development will significantly benefit BitBay's bridge in the DEFI sector. https://twitter.com/el33th4xor/status/1665368786004852737?s=20. Bridged BitBay tokens still utilize a form of our dynamic peg protocol, the peg requires more contracts than usual. With this new protocol from AVAX, swapping and adjusting the peg index will become extremely affordable. You can find the Goerli Testnet of BitBay's Swap here: https://dzimbeck.github.io/test-page/.

- Moreover, this improvement will enhance the cost-efficiency of our EtHalo marketplace. The Goerli Testnet EtHalo beta can be accessed at: https://bithalo.org/Ethalo/. EtHalo is a double deposit escrow marketplace that operates without a middleman. By eliminating the need for a middleman, we reduce fees and increase profitability.

Thank you for your continued support! We are getting closer to the finish line! For more information on how the dynamic peg works feel free to check out this presentation: https://bitbay.market/downloads/bitbay-dynamic-peg-intro.pdf