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Author Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg  (Read 541988 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. (2 posts by 1+ user deleted.)
cr197
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June 26, 2017, 10:48:00 AM
 #4881

Hey guys, I'm getting "Error! transaction creation failed" when I try to send BitBay to trex from my qt wallet on windows. Anyone know why?

Have you been staking for a while?
One of the flaws of QT wallets is that they create coin piles that create memory bloat over time since every time you stake a coin input, it splits the input in half.
The Client alleviates this as it's the only wallet that organizes coin inputs - so memory bloat is a thing of the past.

If you've been staking for a while with your QT you might not be able to send a large amount of coins all at once to the exchange.
You might have to send in smaller amounts


Maybe adjust your fee as well in the options menu found in settings tab,


I'm trying to send just 200 sat


That could be your issue.
Bitcoin protocol mandates an 'anti-dust' minimum transaction size - all bitcoin clones follow the same principle. I believe every coin has a different minimum tx size.

The typical anti-dust tx size is around 5555 satoshi, and this applies for BitBay as well.

This is in place to hinder users from spamming and therefore clogging the network with small tx sizes.

If you are trying to send a small amount to exchange, try a minimum of 5555 satoshi.







"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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June 26, 2017, 04:57:57 PM
 #4882

Hey guys, I'm getting "Error! transaction creation failed" when I try to send BitBay to trex from my qt wallet on windows. Anyone know why?

Have you been staking for a while?
One of the flaws of QT wallets is that they create coin piles that create memory bloat over time since every time you stake a coin input, it splits the input in half.
The Client alleviates this as it's the only wallet that organizes coin inputs - so memory bloat is a thing of the past.

If you've been staking for a while with your QT you might not be able to send a large amount of coins all at once to the exchange.
You might have to send in smaller amounts


Maybe adjust your fee as well in the options menu found in settings tab,


I'm trying to send just 200 sat


That could be your issue.
Bitcoin protocol mandates an 'anti-dust' minimum transaction size - all bitcoin clones follow the same principle. I believe every coin has a different minimum tx size.

The typical anti-dust tx size is around 5555 satoshi, and this applies for BitBay as well.

This is in place to hinder users from spamming and therefore clogging the network with small tx sizes.

If you are trying to send a small amount to exchange, try a minimum of 5555 satoshi.








Interesting. I think that might have caused it. I'll have to give it another shot. Thanks

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June 27, 2017, 05:16:19 PM
 #4883

Hello folks, I would like to announce our new BitBay community Discord for those of you who have expressed a preference for it over Slack: https://discord.gg/sP8b66W


The Slack will still remain the primary source to contact the BAY team and get the latest news.

BitBay team member - Take your markets back!
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June 28, 2017, 05:49:09 PM
 #4884

Honestly I almost chucked my computer out of the window just now. I've been syncing the Bitbay client for the last 4 days now and it got to 92% My laptop ran out of battery while i wasnt looking and now im just getting an error message and the client close closes itself down. I've even tryed to re-index the entire blockchain again from the begining but i still get the same message.

Anyone got any ideas because it is driving me insane, so close and this happens.

All i wanted to do was stake my coins.

Im running the client on a Mac if that helps anyone

Here's the error message im getting: http://imgur.com/a/EPpZj

Ive read somewhere there is a bug with the mac client but it was working perfectly untill the battery cut at 92%

Anyone know what i can do?

Thanks
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June 28, 2017, 06:39:53 PM
 #4885

An other vid about Bay with 17k views,
https://www.youtube.com/watch?v=krMfT0QhYZM
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June 28, 2017, 10:41:47 PM
 #4886

Honestly I almost chucked my computer out of the window just now. I've been syncing the Bitbay client for the last 4 days now and it got to 92% My laptop ran out of battery while i wasnt looking and now im just getting an error message and the client close closes itself down. I've even tryed to re-index the entire blockchain again from the begining but i still get the same message.

Anyone got any ideas because it is driving me insane, so close and this happens.

All i wanted to do was stake my coins.

Im running the client on a Mac if that helps anyone

Here's the error message im getting: http://imgur.com/a/EPpZj

Ive read somewhere there is a bug with the mac client but it was working perfectly untill the battery cut at 92%

Anyone know what i can do?

Thanks

Hey so I have noticed that Mac once it goes down it tends to stay down. This means explore package contents find BitBaydata directory delete its contents but keep wallet.dat as that tracks watchonly accounts and resync. There are a few others who expressed slow sync on Mac so we are looking to merge some SPV options for Mac. Also I'm making a Mac Build that is synced in advance. Hopefully it works to greatly help that issue. Sorry I can only imagine how frustrating it is. For me as a coder it is more so hahahaha.

Don't blame me though, blame Bitcoin for constantly having issues when block data gets corrupted. They reindex and resync too. They have RPC disconnect bugs in bitcoin that still effect us and apparently moreso in Mac/WineSkin VM build

Also I added a reindex option specifically for mac! When the software doesn't connect the new build I'm releasing will allow you to wait. Then its reindex will complete and sync again.
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June 29, 2017, 11:06:27 AM
 #4887

Honestly I almost chucked my computer out of the window just now. I've been syncing the Bitbay client for the last 4 days now and it got to 92% My laptop ran out of battery while i wasnt looking and now im just getting an error message and the client close closes itself down. I've even tryed to re-index the entire blockchain again from the begining but i still get the same message.

Anyone got any ideas because it is driving me insane, so close and this happens.

All i wanted to do was stake my coins.

Im running the client on a Mac if that helps anyone

Here's the error message im getting: http://imgur.com/a/EPpZj

Ive read somewhere there is a bug with the mac client but it was working perfectly untill the battery cut at 92%

Anyone know what i can do?

Thanks

Hey so I have noticed that Mac once it goes down it tends to stay down. This means explore package contents find BitBaydata directory delete its contents but keep wallet.dat as that tracks watchonly accounts and resync. There are a few others who expressed slow sync on Mac so we are looking to merge some SPV options for Mac. Also I'm making a Mac Build that is synced in advance. Hopefully it works to greatly help that issue. Sorry I can only imagine how frustrating it is. For me as a coder it is more so hahahaha.

Don't blame me though, blame Bitcoin for constantly having issues when block data gets corrupted. They reindex and resync too. They have RPC disconnect bugs in bitcoin that still effect us and apparently moreso in Mac/WineSkin VM build

Also I added a reindex option specifically for mac! When the software doesn't connect the new build I'm releasing will allow you to wait. Then its reindex will complete and sync again.

Hey thanks for the advice I will try deleting the data directory contents and try again. I'll post results here.

I can imagine that it is more fustrating for you as a coder to be honest, but it's the little issues like this that will put people off adoption. However it's great to hear that it's noted and being worked on. Hope these little bumps can be ironed out as the project has alot of potential in my eyes.

Keep up the good work!
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June 29, 2017, 11:07:35 AM
 #4888

When I downloaded bitcoin blockchain, I had to restart from scratch twice. On the third time it still disconnected after about 4 years of sync, but when I restarted the QT it resumed from existing location.

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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June 29, 2017, 11:11:52 AM
 #4889

When I downloaded bitcoin blockchain, I had to restart from scratch twice. On the third time it still disconnected after about 4 years of sync, but when I restarted the QT it resumed from existing location.

Wow you actually attempted to download the entire Bitcoin blockchain, you must have patience by the bucket load! I've been in crypto sicne 2013 and dont think ive ever done it! I usually just generate pub and priv keys from bitaddress and effectively put my coins in cold storage then import the priv keys into an online wallet or something like electrum when i need them.

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June 29, 2017, 11:45:51 AM
Last edit: June 29, 2017, 12:03:53 PM by cr197
 #4890

When I downloaded bitcoin blockchain, I had to restart from scratch twice. On the third time it still disconnected after about 4 years of sync, but when I restarted the QT it resumed from existing location.

Wow you actually attempted to download the entire Bitcoin blockchain, you must have patience by the bucket load! I've been in crypto sicne 2013 and dont think ive ever done it! I usually just generate pub and priv keys from bitaddress and effectively put my coins in cold storage then import the priv keys into an online wallet or something like electrum when i need them.



It wasn't so bad on a brand new i7 processor.
If it weren't for the damn restarts I would have completed it in about 30 hours.
The hard part was backing it up to my cloud Cheesy  That took almost 4 days!
It worked though. I've downloaded my backup to test it out. Was just a few hours behind the chain!


But there in lies one of the biggest issues with Bitcoin, why support the network that only gives incentives to the miners.

That's why I like Proof of Stake coins so much.

Thankfully, future decentralized exchanges like blocknet will help with the burden of supporting big chain POW coins.





"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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June 29, 2017, 12:37:31 PM
 #4891

When I downloaded bitcoin blockchain, I had to restart from scratch twice. On the third time it still disconnected after about 4 years of sync, but when I restarted the QT it resumed from existing location.

Wow you actually attempted to download the entire Bitcoin blockchain, you must have patience by the bucket load! I've been in crypto sicne 2013 and dont think ive ever done it! I usually just generate pub and priv keys from bitaddress and effectively put my coins in cold storage then import the priv keys into an online wallet or something like electrum when i need them.



It wasn't so bad on a brand new i7 processor.
If it weren't for the damn restarts I would have completed it in about 30 hours.
The hard part was backing it up to my cloud Cheesy  That took almost 4 days!
It worked though. I've downloaded my backup to test it out. Was just a few hours behind the chain!


But there in lies one of the biggest issues with Bitcoin, why support the network that only gives incentives to the miners.

That's why I like Proof of Stake coins so much.

Thankfully, future decentralized exchanges like blocknet will help with the burden of supporting big chain POW coins.






Fair play I've actually just ordered a new laptop which should arrive next week hopefully that works out to be qucker!

I just had a look at blocknet, I dont really understand how it would help with downloading blockchains. I see its a decentralised exchange though. Maybe you could explain a little? Not trolling genuinely interested to know.

Thanks!
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June 29, 2017, 05:41:39 PM
 #4892

When I downloaded bitcoin blockchain, I had to restart from scratch twice. On the third time it still disconnected after about 4 years of sync, but when I restarted the QT it resumed from existing location.

Wow you actually attempted to download the entire Bitcoin blockchain, you must have patience by the bucket load! I've been in crypto sicne 2013 and dont think ive ever done it! I usually just generate pub and priv keys from bitaddress and effectively put my coins in cold storage then import the priv keys into an online wallet or something like electrum when i need them.



It wasn't so bad on a brand new i7 processor.
If it weren't for the damn restarts I would have completed it in about 30 hours.
The hard part was backing it up to my cloud Cheesy  That took almost 4 days!
It worked though. I've downloaded my backup to test it out. Was just a few hours behind the chain!


But there in lies one of the biggest issues with Bitcoin, why support the network that only gives incentives to the miners.

That's why I like Proof of Stake coins so much.

Thankfully, future decentralized exchanges like blocknet will help with the burden of supporting big chain POW coins.






Fair play I've actually just ordered a new laptop which should arrive next week hopefully that works out to be qucker!

I just had a look at blocknet, I dont really understand how it would help with downloading blockchains. I see its a decentralised exchange though. Maybe you could explain a little? Not trolling genuinely interested to know.

Thanks!

I agree having to download the blockchain of each coin you trade is a barrier to entry. Hopefully they add an online block explorer option to get around this.
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June 30, 2017, 12:14:51 PM
 #4893

 
 
BitBay Community Update -  Bounty List

We are excited to announce that the following aspects of the bounty list have been assigned to the marketing team under the coordination of our Head of Marketing, Toomuchfun. To accept a bounty, simply apply for it. If you feel the price for a bounty should be increased you may also let us know your reason and we could potentially do so if it makes sense. To keep up with the momentum we have steadily been building our marketing team, we have decided the best path forward is for marketing to focus on completing these tasks in the immediate short term:
 
Rewrite Halo documentation


Organize and post a treasure hunts


Assist in new PR campaign  


Manage Facebook marketing campaign


Manage Reddit marketing campaign


Improve “Official” Facebook page


YouTube videos about BitBay


SEO Bitcointalk Thread and Website


Create Signature Artwork
  
 
The following bounty tasks are available if anyone would like to put their names forward to contribute:
 
Graphics Designer
 
Make a GIF of the “software in action” - $50
Needs screenshots of markets, list of features with diversity of screenshots compelling marketing and nice animation. Seeing is believing we can use this to post on forums
Requirements:
Must have a background in graphic design or marketing
Consult with Aletha before beginning
 
 
 
Make Infographic - $50
SYS, Open Bazaar vs Bitbay - Revised. Make people understand there is no comparison. We have 2 party escrow and 100s of features. I don't even think OB has wallet functions. You may have to download the competitions wallet to know how far ahead we are.
ETH vs BitBay infographic - Consult with David first so he can make bullet points. The themes are: Our smart contracts apply more to real world situations, ETH is bloatware our stuff is all P2P, we have a user interface and they don't have demo contracts, we have hundreds of features within their wallet yet the mist client is goofy and doesn't let me select text. Do a serious comparison, take notes and report your opinion of differences. ETH has the advantage of being able to issue tokens and do fancy contracts and programmable accounting. A great advantage and although they can do double deposit it required 3 years of work for me to make the user interface, user experience etc and currently we are STILL the only software in the world that does contracting between peers. ETH has a protocol but no UI or demo contracts or way for peers to reach out to each other.
Redesign BitcoinTalk OP infographics - Consult with Craig  yet real graphic design
Requirements:
Must have background in graphic design or marketing
Redesign of “About BAY” infographic.
 
Testers
 
Client bug bounty – $25
Coding bugs only. UI discrepancies do not count
Requirements:
None - feel free to try out every feature you can. If you find any bugs post them in the #support channel on Slack or on Bitcointalk
Make sure you turn ‘on’ your ‘create debug file upon exit’ feature found in your general settings tab
 
 
Public Marketing Bounties:



Find a list of PR firms – $10
Rank your favorite PR firm first, talk to a few and see their outreach, compare prices and let us know which one you think is the best fit for us to hire. Can we reach a larger audience? Is there a Chinese PR firm?! Bonus if you find one that’s cheap.
Requirements:
Inquire with Aletha before beginning


YouTube videos about BitBay - $0.01 per subscriber
Get a youtuber to talk about BitBay and potentially interview a veteran community member or talk about bitbay in general. This is only if they are posting relevant content as a girl who does makeup videos should not be talking about Bitbay. If more than 500 usd in bounties are paid and we don't see effects we might change the bounty reward
If the youtube has more than 100,000 subscribers you get a $100 bonus up to 5 of these bounties can be redeemed before a review. If the youtube has a million subscribers or more we don't care if their content is relevant. It could be a hot chick who normally talks about makeup and we will still take it.
Requirements:
Inquire with Aletha before beginning
 
Placement on new Exchanges campaign – $25 - $1000
https://coinmarketcap.com/exchanges/volume/24-hour/  That link sorts exchanges by volume.
Although it’s true that the peg will make us obsolete to exchanges that don't want to work with us, we need to tap into the Chinese market and hopefully Polo (take a guess which one we will pay 1000 for). Smaller exchanges with almost no volume will get a lower reward and we will base what we pay entirely on volume. The TOP exchanges get a greater reward. But just because it’s the top doesn't mean it will get the maximum reward. The current budget for this will not exceed $3000 dollars until our core team reviews the effects of the new exchanges. IF there are costs involved approve those with us first and we will decide if to pursue said exchange.
Requirements:
Inquire with Aletha before beginning


 
Video Production
 
Video SEO campaign - $25 per video + costs (max 10 videos)
Start grabbing keywords to optimize easy videos. As not only do videos rank on google immediately but they usually rank at the top because google owns youtube. Keywords:"smart contracts" "unbreakable contracts" "decentralized markets" "rolling peg" "bitbay" and maybe run analytics on other keywords. If you want to split the bounty two people can work on this, one to manage SEO keyword research and another to create the videos. If the video is not cool or compelling we reserve the right to reject the attempt to claim this. So talk to core to make sure we like it. The payment of this job may be increased. Might require two people, one with video SEO expertise and one who makes good videos for the keywords.
Requirements:
Inquire with Aletha before beginning

   
 
Writers
 
 “Quality” posts to forums and news articles with good traffic - Price varies based on “quality” of post and location
Post to bitcointalk especially in communities we haven't tapped like Chinese OP. Do NOT SPAM the forums, space out your comments. Do things right, trolling will not be paid and no bots or abusing the bounty. In order to get paid submit links to the comments so we can confirm your count. We will give you a bonus for finding a new relevant forum. Do people post to topix? Where do the chinese post? What forums other than bitcointalk garner traffic? Reddit is included here so this bounty applies to reddit. Make sure the posts are quality. Not all slack members will qualify for this bounty as people should want to promote this way anyways because they love the project. So please ask us before you start. However we need to start reaching out more.
Commenting on news articles is allowed if its not trolling or obvious marketing of our project and it must be on articles that are actually related to the subject. Contact us for GIFs
Requirements:
Inquire with Aletha or Craig before beginning or else you will not receive any bounty.
 
 
 
Translators


Translate Bitcointalk OP - $30 per translation
Translate to chinese, russian, greek, spanish, dutch, french, arabic, hindi. The site will have a plugin that allows visitors to edit so this can be easily managed from freelancer or upwork.
Requirements
Inquire with Translator Manager(s) before beginning


Manage Chinese and/or Spanish communities - $20 per week per community
Our target markets are China and Venezuela cash buyers. Currently both countries have a hard time getting into crypto and our software solves that problems with trustless wires. We can increase payment if you can put in significant hours.
Reach out on QQ and make a list of platforms that are used in China or forums they go to in order to talk about crypto.
Contact their media outlets and bloggers and vloggers.
Should probably speak the language but if we don't have anyone who does then take the bounty and use google translation until someone is found to take your place
Requirements
Inquire with Aletha before beginning


 
 
Web Designer
 
Web Developer Update website – $1000
Contact us for all the details. You may need to take a moment to be familiar with the project.
Requirements:
Inquire with Aletha and David Zimbeck  

We are very fortunate to have such a strong community that it may be the case we have several volunteers working the same tasks. No doubt the marketing team will also end up with additional volunteer tasks to distribute as we start to implement their strategy.
 
So for now, I would invite anyone interested in these tasks to make themselves known. Please be aware the focus is on quality, not quantity, so if you’re struggling for time, please be realistic with what tasks you can manage over a 4-8-week timeframe.
 
Here is an updated list of our current marketing team. I would welcome them to assign themselves for the bounty tasks as well as anyone currently not listed in a specific role who may be interested.
 
 
Head of Marketing – TooMuchFun
Marketing assistant(s) - Lude - Nozulan - Spoink – Mctjin – Rafa – Alfonsorodz
Web Dev(s) – TBA soon
Web Security – Gitgud
Graphic Designer(s) – Seeking Positions
Video producers – Lowercase – Mctjin
Team assistants –  Gitgud – Ratatackeur – xxotakuxx
SEO specialist - silvervox325
Writers – BitBay_guy – GjSteele
Music – Mctjin
Social Media Manager(s) – BitBay_Guy – Mctjin – GjSteele – Lude
BitBay Developers – David Zimbeck – Anoxy – Thehiddenconifold - majd1239 - andreasp1994
Marketplace Manager(s) – rqdxrocket, Jimmyb
Support Manager(s) – Seeking Positions
Requirements
Must have thorough knowledge of the Client
Patience when working with others
Translation Manager(s) – Seeking Position

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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June 30, 2017, 12:38:39 PM
 #4894

Very nice this marketing campaign, It will move a lot of bay.

Good Luck for those who will participate to the Bounty.

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June 30, 2017, 06:35:45 PM
 #4895

Is listing on Polo really can be bought? If so, maybe we could also donate to this?
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June 30, 2017, 10:20:14 PM
 #4896

Great news! I love how the things keep progressing. I also saw that there are over 1000 members in the slack channel now. I have noticed the community has been growing rapidly lately
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July 01, 2017, 04:55:11 AM
 #4897

Is listing on Polo really can be bought? If so, maybe we could also donate to this?

If anyone can find out what different exchanges are charging absolutely, why not. We could use a few new exchanges as that may drive more volume.
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July 01, 2017, 02:08:08 PM
 #4898

NEW BITBAY CONTEST!
Whoever comes closest to guess when we hit 2001 sats on Bittrex will get 5,000 Bay.

State date and time. Time must be in GMT timezone or else it will not be a valid entry.

Also your guess must be posted in the #Speculation channel of the Slack a minimum of 5 hours before we hit 2001 sats.
Only one guess each is allowed.

Good luck!

Seems that you have to do a contest for 999 sats  Grin. I'm joking, I'm a bay holder too

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July 01, 2017, 06:33:24 PM
 #4899

NEW BITBAY CONTEST!
Whoever comes closest to guess when we hit 2001 sats on Bittrex will get 5,000 Bay.

State date and time. Time must be in GMT timezone or else it will not be a valid entry.

Also your guess must be posted in the #Speculation channel of the Slack a minimum of 5 hours before we hit 2001 sats.
Only one guess each is allowed.

Good luck!

Seems that you have to do a contest for 999 sats  Grin. I'm joking, I'm a bay holder too

That one hurt, too close to home! Cheesy

BitBay team member - Take your markets back!
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July 01, 2017, 10:14:34 PM
 #4900

Yeah we got hammered hard by this guy.
https://chainz.cryptoid.info/bay/address.dws?15057.htm

Dumped 4.4 million coins on us last night.
Sadly if he sold conservatively he could have made nearly twice as much.

But one less person to have to deal with in the future.

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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