Bitcoin Forum
May 24, 2017, 12:46:30 AM *
News: If the forum does not load normally for you, please send me a traceroute.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 236 »
  Print  
Author Topic: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace  (Read 342012 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
BitBaydev
Jr. Member
*
Offline Offline

Activity: 57


View Profile
December 12, 2014, 12:38:43 PM
 #1



- BitBay PC Client
- BitBay Mac Client
- BitBay Linux Client

- BitBay QT PC Client
- BitBay QT Mac Client
- BitBay QT Linux Client
- BitBay QT source




Multisig

What is multisig, and how does it work?
Multisig is a way to let two or more people share control of a wallet. Each person will get their own key, and the wallet can only be accessed if the preset amount of key-holders unlock it.
Multisig can also be used to increase the security of your wallet. For instance, you could set things up so you have to log on from two different computers, or require two separate keys which you store separately. Just always remember to back up both of your keys. Our wizard will guide you through the process.

Smart Contracts

What is a smart contract, and how does it work?
The term “smart contract” is widely used now. The only definition of the term that we accept is a contract that is enforceable without middlemen. A smart contract should also be able to "auto-execute" and be able to sign on your behalf in certain conditions.
Basically, it makes use of the multisig function and/or timelocking. The way we use it on the market place is that both buyer and seller lock a certain amount of Bay in a joint account. If the deal goes well, the parties release the locked Bay. If it goes belly up, both parties loose their locked bay, because one or both will refuse to release the deposit. Once the time runs out, the funds are destroyed and nobody wins. This gives a strong incentive to fulfill your end of the bargain just like when you use an escrow (but without the cost of escrow).
We are at the very beginning with smart contracts, and believe we will see them used in a lot of new ways, like work contracts and the internet of things.

Pegging

How can the freezing/hedging system peg Bay to US$, and how is it possible?
Bay is made to be used by ordinary consumers. They want a currency with a predictable value and without volatility. For example, by deflating the currency, we can make supply match the demand on exchanges. This means we can keep the price equal to a peg price (for example $1). Pegging can be done by controlling supply. By freezing a percentage of the Bay in everyone’s wallet we reduce supply to a level where it meets demand at the price we want.

If coins get frozen then can I still sell them?
In order to allow for a healthy and liquid market, we are considering allowing the sale of reserve coins. However, the condition is, you must lock the coins for 3-6 months and the new buyer will only receive them as reserve. This can allow for new people to enter the market with a long term investment. It may also be useful for large purchases without effecting the price, deposits without using liquid coins or even peer to peer good faith sales or exchange. There are many advantages to frozen assets like lending against them, giving discounts and large swaps.


https://motherboard.vice.com/en_us/article/this-decentralized-bitcoin-market-is-for-legal-stuff-only
http://www.digitaljournal.com/pr/3234741
http://www.superbcrew.com/bitbay-aims-to-close-the-gap-between-digital-currency-and-real-purchases/
http://bitcoinist.com/bitbay-cryptocurrency-software-suite-introduces-new-kind-smart-contracts/
https://steemit.com/bitcoin/@gjsteele71/bitbay-altcoin-interview-exclusive-q-and-a-with-lead-bay-developer-david-zimbeck
https://steemit.com/cryptocurrency/@tonylondon/bitbay-cryptocurrency-software-suite-offers-state-of-the-art-contracts-and-marketplace-solutions
https://steemit.com/cryptocurrency/@munti/3m7rgo-bitbay-has-solved-the-last-mile
http://bitbay.market/unnoticed/
http://www.newsbtc.com/2017/02/20/bitbay-resurfaces-new-wallet-feat-smart-contracting-interface/
https://criptonoticias.com/aplicaciones/bitbay-software-criptomoneda-mas-avanzado-mundo-se-hace-visible/#axzz4eu1LcZRW
http://bluemagic.info/2017/02/01/bitbay-from-violent-storms-to-safe-harbor/
http://finance.yahoo.com/news/worlds-most-advanced-cryptocurrency-software-131300372.html
http://www.cryptocurrencymashup.com/cryptocurrency-news/worlds-most-advanced-cryptocurrency-software-bitbay-makes-itself-visible-yahoo
https://block-chain-invest.com/sujet/david-zimbeck/

David Zimbeck originally started coding almost 4 years ago in BitHalo and was hired to work on the BitBay project. BitHalo was the worlds first smart contracting software in the world. David worked tirelessly when he first had the idea for double deposit. He worked long days and nights in a trailer in North Dakota teaching himself Python from scratch. This was at least a year before Ethereum had launched and was somewhat over-looked by the press despite being the only software that does smart contracts in Bitcoin. In addition, BitHalo was the worlds first multisignature wallet, the first wallet to be dual coin, the first wallet to have automated joint accounts and BitBay was the worlds first wallet to have decentralized markets respectively. His accomplishments do not stop there though. He is one of the world's top chess puzzle makers breaking multiple world records. He is a chess master as well and top notch opening analyst for gambits known for his gung-ho and recklessly aggressive style. David also has worked as a professional actor in "Pirates of the Caribbean 2" as a core pirate booking one of the largest auditions in Los Angeles history out of more than 10,000 people. He spent a month on location in Freeport, Bahamas. Although, hurricane "Wilma" hit at the time forcing the core home early and David did not end up getting a line as intended although he is seen in various parts of the film. He has also done multiple national commercials for Time Warner, AOL, MTV promos and so forth and was one of the soccer players in "SuperBad" although uncredited. He then went on to produce commercials mostly referred through VideoOptimize and David took on some fairly high profile clients such as a Mercedes dealership. He then worked in web design, video editing, data mining, print work and photography. His photography work can be found here. He has also worked as a real estate agent and landsmen doing easements for oil and fiber optic lines. He has also worked as a Hughes Certified satellite installer and water transfer on the oil rigs.

There is a lot of legends surrounding the beginning of this project, one for the history books. The original team was Steven Dai, Lin from BTER and unfortunately Robert Duskes and Ryan Wright. The four founders brought David on with the intention to abuse his name and after the project funded they left with the majority of the funds and tried to drag David's name in the mud. Bitcointalk moderators were unhelpful and the news reported in Zimbecks favor. David exposed the project he himself was involved in after only a few weeks which took quite a bit of courage. Steven Dai blatantly tried to harm investors again in Qtum but was caught red handed since one of the investors positively identified him. David has proved to be a local hero! Without him, this project would have disappeared. But he worked hard for 2 years and built everything that was promised and more, coding a 50,000 line client and doing what large teams are usually unable to accomplish in such a short span of time.


The core slack group:

With the aid of the core slack group and some of the investors, the project has completely blossomed. There is at least 10 guys who work non-stop marketing BitBay, organizing information, organizing bounties, conducting treasure hunts and promos, working with new users, finding bugs, testing the software, writing articles, proof-reading content, running a faucet, using the decentralized markets, making training videos, making commercials and promotional images, helping David be a better leader, and energizing the entire community. There is also a few guys who have stress tested the markets and are now working on various things at once. In order to make sure nobody feels left out, the members of the slack group are discussing who wants to be listed for their contributions as there has been a true collaborative community effort. So the team is in fact quite large and we encourage you to join our slack and keep watch of this post as it may be updated again to reflect this.



Useful Diagrams:



- Block Explorer
- Coinmarketcap
- Bootstrap



- Bittrex
- C-Cex



- Twitter
- Facebook
- Google+
- The new and improved Official Site!
- The original Mirror Site linking directly to Halo ftp

Want to see where all the action is?
Most of the fun, testing and core community chat happens on slack! Please join us there by using this link: http://bitbay.market/wp-login.php?action=slack-invitation



Development is ongoing and any updates to the releases will be posted on slack and on bitcointalk. David has been coding for months and this new release is commercially stable and user friendly. At the time of this post, the first template has been successfully deployed with more to come! Now that the core is updated, the new templates will roll out much faster. And we thank you for your loyalty and patience!
1495586790
Hero Member
*
Offline Offline

Posts: 1495586790

View Profile Personal Message (Offline)

Ignore
1495586790
Reply with quote  #2

1495586790
Report to moderator
1495586790
Hero Member
*
Offline Offline

Posts: 1495586790

View Profile Personal Message (Offline)

Ignore
1495586790
Reply with quote  #2

1495586790
Report to moderator
1495586790
Hero Member
*
Offline Offline

Posts: 1495586790

View Profile Personal Message (Offline)

Ignore
1495586790
Reply with quote  #2

1495586790
Report to moderator
POLONIEX TRADING SIGNALS
+50% Profit and more via TELEGRAM
ALTCOINTRADER.CO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1495586790
Hero Member
*
Offline Offline

Posts: 1495586790

View Profile Personal Message (Offline)

Ignore
1495586790
Reply with quote  #2

1495586790
Report to moderator
BitBaydev
Jr. Member
*
Offline Offline

Activity: 57


View Profile
December 12, 2014, 12:45:09 PM
 #2

So many FUDs in the old thread, to protect our investor and Bitbay Project, we have to start this Self-moderated thread.

Thanks for your understanding and support.

BitBaydev
Jr. Member
*
Offline Offline

Activity: 57


View Profile
December 12, 2014, 02:46:25 PM
 #3

BitBay smart contract wallet:

(New compiled coming soon)

BitBay tutorials, Smart Contracts & Halo Tech

https://www.youtube.com/watch?v=ieTIr71Sb3c

can we please just make up our minds on forums...also, please have David vouch for which one is actually the OFFICIAL thread
thanks

David Zimbeck will confirm this thread.
unusualfacts30
Hero Member
*****
Offline Offline

Activity: 504



View Profile
December 12, 2014, 02:49:25 PM
 #4

Good to see this thread.

I'm looking forward to the marketplace.

Gizfreak
Legendary
*
Offline Offline

Activity: 1036


Allergic to false promises


View Profile
December 12, 2014, 02:53:01 PM
 #5

Good move and really appreciated by a constructive thinking person like me.
Thx and thumbs up Wink
Decentradical
Full Member
***
Offline Offline

Activity: 224


View Profile
December 12, 2014, 03:29:08 PM
 #6

Can we get confirmation that this thread is legit?
silavon
Member
**
Offline Offline

Activity: 66


View Profile
December 12, 2014, 04:28:34 PM
 #7

David and the rest of the healthy core team Bitbay keep up the good work and stick to the plan. I believe you...
nojealousy
Jr. Member
*
Offline Offline

Activity: 46


View Profile
December 12, 2014, 05:09:09 PM
 #8

Bet of the evening:

German Bundesliga, start today 20:30 CET

match:
Hoffenheim - Frankfurt

I bet at least five goals in this game

I - 5000 BitBay
You - 15000 BitBay

Send the contract to
bitbaycologne@gmail.com
nojealousy
Jr. Member
*
Offline Offline

Activity: 46


View Profile
December 12, 2014, 05:14:47 PM
 #9

Bet of Saturday:

German Bundesliga, start tomorrow 15:30 CET

match:
Schalke - 1. FC Köln (Cologne)

I bet that Cologne will win against Schlake with two goals difference

I - 10000 BitBay
You - 75000 BitBay

Send the contract to
bitbaycologne@gmail.com
neo1947
Sr. Member
****
Offline Offline

Activity: 399


don t touch my Bits


View Profile
December 12, 2014, 09:03:18 PM
 #10

“A great pleasure in life is doing what people say you cannot do.” go BitBay go
BAYproviser
Jr. Member
*
Offline Offline

Activity: 37


View Profile
December 13, 2014, 02:39:29 AM
 #11

good news forum link as been replaced on bter thank you
BitBaydev
Jr. Member
*
Offline Offline

Activity: 57


View Profile
December 13, 2014, 02:46:28 AM
 #12

good news forum link as been replaced on bter thank you

Thanks for your support.
BitBaydev
Jr. Member
*
Offline Offline

Activity: 57


View Profile
December 13, 2014, 08:04:27 AM
 #13

Smart contract video:
https://www.youtube.com/watch?v=ieTIr71Sb3c

Halo technology white paper:

Two Party double deposit trustless escrow in cryptographic networks and Bitcoin.

https://mega.co.nz/#!hdISHA7I!ZBOxTw8Sf0plvCdZQKGT_ez8v-m5SUIr2-4RHm6X8yY
risinhigher
Hero Member
*****
Offline Offline

Activity: 686


View Profile
December 13, 2014, 09:07:05 AM
 #14

http://25.media.tumblr.com/4f522b53427b78c76bafe92a59501d54/tumblr_mzg1ynul7E1s36aafo1_500.gif

https://bitminer.io/440627 : EARN FREE BITCOIN 10,000 satoshi per minute!
Gizfreak
Legendary
*
Offline Offline

Activity: 1036


Allergic to false promises


View Profile
December 13, 2014, 10:40:03 AM
 #15

Why do I still see this?



Cmon David, get some sleep.
Sorry if I sound like your mom. Wink
nojealousy
Jr. Member
*
Offline Offline

Activity: 46


View Profile
December 13, 2014, 10:51:39 AM
 #16

One question I have,

is anyone interested in helping out in a bet. I would like to place a bet for European football.
Gizfreak
Legendary
*
Offline Offline

Activity: 1036


Allergic to false promises


View Profile
December 13, 2014, 10:58:19 AM
 #17

One question I have,

is anyone interested in helping out in a bet. I would like to place a bet for European football.
As long as it's gonna be a bet on whether Alemannia Aachen will loose or win, I'm in. Grin
Just joking, but football isn't my thing.
nojealousy
Jr. Member
*
Offline Offline

Activity: 46


View Profile
December 13, 2014, 11:07:07 AM
 #18

One question I have,

is anyone interested in helping out in a bet. I would like to place a bet for European football.
As long as it's gonna be a bet on whether Alemannia Aachen will loose or win, I'm in. Grin
Just joking, but football isn't my thing.

You are a supporter of Aachen ;-)??
Gizfreak
Legendary
*
Offline Offline

Activity: 1036


Allergic to false promises


View Profile
December 13, 2014, 11:12:30 AM
 #19

One question I have,

is anyone interested in helping out in a bet. I would like to place a bet for European football.
As long as it's gonna be a bet on whether Alemannia Aachen will loose or win, I'm in. Grin
Just joking, but football isn't my thing.

You are a supporter of Aachen ;-)??
Not really a supporter, but as I live in the neighborhood I am interested to see how a football club with a Bundesliga stadium survives in the 3. Liga 4. Liga  Grin
nojealousy
Jr. Member
*
Offline Offline

Activity: 46


View Profile
December 13, 2014, 11:14:40 AM
 #20

One question I have,

is anyone interested in helping out in a bet. I would like to place a bet for European football.
As long as it's gonna be a bet on whether Alemannia Aachen will loose or win, I'm in. Grin
Just joking, but football isn't my thing.

You are a supporter of Aachen ;-)??
Not really a supporter, but as I live in the neighborhood I am interested to see how a football club with a Bundesliga stadium survives in the 3. Liga  Grin

You are from the Netherlands...

Yeah, i hope the will survive because for me as a supporter of 1.FC Köln i like the derbys against aachen  Grin Grin Grin
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 236 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!