BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[dzimbeck]

It should be a modified version of one of Albert Einstien's quotes

Relativity can't be true because light is only measured in air. Thus any dense material with a refractive index less than 1 has hardly been used to measure its speed. So measuring light in a "vacuum" would be almost exponentially faster. So whatever space agencies claim lights speed is in a vacuum must be untrue, they are probably even lying.

http://abcnews.go.com/Technology/story?id=120095

The light speed record has been "broken" scientists find convenient excuses to explain away the results as usual. It falls into the realm of pseudoscience.

The reality is quite simple. Light is not a constant, thats the part being lied about. Measuring in air shows the speed we are given except air is extremely dense filled with tons of elements (light of course moves slower in water and other materials with higher refractive index). So experiments show already circumstantial evidence that there is something seriously wrong with the theories.

Thus excuses are given to make our text books fit their models. Students must not question authority!



As you can see I'm not a fan of Einstein.

Tesla had like a zillion patents invented radio (before Marconi), wireless energy transfer, alternating current and pretty much everything we rely on today. Tesla should have been the man of the century.

[dzimbeck]

On that note...

[cr197]

If anyone here just recently took my faucet, I want to apologize. I sent you an email. I'm currently testing the new build so we can't currently do a transaction together until the new version is released to public and both of us are running Client on same version

[edmundduke]

So many memes poping up in here. Meanwhile Bay making a leg down towards 100 sats, last opportunities to get it this cheap before the rolling peg kicks in.

[dzimbeck]

If anyone here just recently took my faucet, I want to apologize. I sent you an email. I'm currently testing the new build so we can't currently do a transaction together until the new version is released to public and both of us are running Client on same version

Ahh good point you might want to take that contract down. And only keep test contracts up or even send them privately.

[cr197]

Testing out the new build! Cold staking securely between 2 computers connected on my LAN line!
This is epic!
Easy to setup as well!

https://chainz.cryptoid.info/bay/address.dws?6623.htm

[88998899]

Hello people! BlackHalo and BitBay one project?what they are different?

[Munti]

Hello people! BlackHalo and BitBay one project?what they are different?

Right now Blackhalo and BitBay are identical. The big difference will be the rolling peg. Only BitBay will get that.
Also, the development is done here in bitbay. Blackcoin community is not very active on Blackhalo. This will result in more differences. There is already a community driven project that will be included in BitBay but not Blackhalo.

[wosch76]

Hello people! BlackHalo and BitBay one project?what they are different?

Right now Blackhalo and BitBay are identical. The big difference will be the rolling peg. Only BitBay will get that.
Also, the development is done here in bitbay. Blackcoin community is not very active on Blackhalo. This will result in more differences. There is already a community driven project that will be included in BitBay but not Blackhalo.

can you tell more about that community driven project?
thanks

[Munti]

Hello people! BlackHalo and BitBay one project?what they are different?

Right now Blackhalo and BitBay are identical. The big difference will be the rolling peg. Only BitBay will get that.
Also, the development is done here in bitbay. Blackcoin community is not very active on Blackhalo. This will result in more differences. There is already a community driven project that will be included in BitBay but not Blackhalo.

can you tell more about that community driven project?
thanks

Sorry, not yet.

[Karartma1]

It should be a modified version of one of Albert Einstien's quotes

As you can see I'm not a fan of Einstein.

Don't look at the finger, look at the moon. I do not endorse Einstein either but I love that quote  

[dzimbeck]

Hello people! BlackHalo and BitBay one project?what they are different?

Right now Blackhalo and BitBay are identical. The big difference will be the rolling peg. Only BitBay will get that.
Also, the development is done here in bitbay. Blackcoin community is not very active on Blackhalo. This will result in more differences. There is already a community driven project that will be included in BitBay but not Blackhalo.

can you tell more about that community driven project?
thanks

Also the markets are more active here, the community works much harder, helps me test, helps market, it has a more marketable brand name, is a more active slack and unlike Blackcoin I have much more control over the coins protocol. Distribution may be a bit better too.

I'm not knocking BLK, I develop in both. However the rolling peg is at least one feature that will set this apart. And if we decide to add other features (like zcoins) we can do that as well. I don't control BLK github. However because BlackHalo is dual coin I also use it to store my Bitcoin using BitHalo. Also their dev janko is very active working on colored coins and Java based applications. So they have their own thing going for them. They do alot of proof of stake enhancing. Rat4 made my staking commands for POS 3

[dzimbeck]

It should be a modified version of one of Albert Einstien's quotes

As you can see I'm not a fan of Einstein.

Don't look at the finger, look at the moon. I do not endorse Einstein either but I love that quote  

Cool quote! Yeah he definitely was interesting. My step-father met him I think when he was younger he was installing antennas and was at Einstein's house or something. It's a small world

The paper moon is a mystery to me, maybe it's made of cheese. Still wonder in awe what stars are. I remember my mom laughed one day when we were walking and I stopped and freaked out pointing at the moon and was like "What the fuck is that thing??!?! No seriously what is that thing!?!" It was amusing

[88998899]

Thank you!Now I begin to understand what was happening.

[LostLady]

david, whats the time line for the peg? just wondering how long i have to accumulate. i think everyone should buy 1 million bay and just set it and forget  about it.

[dzimbeck]

david, whats the time line for the peg? just wondering how long i have to accumulate. i think everyone should buy 1 million bay and just set it and forget  about it.

Its on the way, voting is part of the preparation. There is still a lot to do. Next comes locktimes and exotic spending. That is needed so we can do the timelock with frozen coins. Then I need templates done and finally the API after that it will be very historic as Halo will be complete.

Then pegging. First will come a demo client that enforces pegging on the client level. That way we can simulate it a bit test it and get a feel for what is coming and the user experience. Then comes a lite daemon simply for exchanges to check accounts and do basic API accounting. Then we test on the network for real and do the fork. At about that same time we need an exchange. So you guys have time, don't worry. There will be several updates potentially one for each template. It depends on how fast I can get each template done.

[cr197]

david, whats the time line for the peg? just wondering how long i have to accumulate. i think everyone should buy 1 million bay and just set it and forget  about it.

Its on the way, voting is part of the preparation. There is still a lot to do. Next comes locktimes and exotic spending. That is needed so we can do the timelock with frozen coins. Then I need templates done and finally the API after that it will be very historic as Halo will be complete.

Then pegging. First will come a demo client that enforces pegging on the client level. That way we can simulate it a bit test it and get a feel for what is coming and the user experience. Then comes a lite daemon simply for exchanges to check accounts and do basic API accounting. Then we test on the network for real and do the fork. At about that same time we need an exchange. So you guys have time, don't worry. There will be several updates potentially one for each template. It depends on how fast I can get each template done.

Could you explain what exotic spending is?
Heck that is new to me.

[88998899]

QT Wallets will be permanently maintained?Or go to Market BitBay Client?

[dzimbeck]

david, whats the time line for the peg? just wondering how long i have to accumulate. i think everyone should buy 1 million bay and just set it and forget  about it.

Its on the way, voting is part of the preparation. There is still a lot to do. Next comes locktimes and exotic spending. That is needed so we can do the timelock with frozen coins. Then I need templates done and finally the API after that it will be very historic as Halo will be complete.

Then pegging. First will come a demo client that enforces pegging on the client level. That way we can simulate it a bit test it and get a feel for what is coming and the user experience. Then comes a lite daemon simply for exchanges to check accounts and do basic API accounting. Then we test on the network for real and do the fork. At about that same time we need an exchange. So you guys have time, don't worry. There will be several updates potentially one for each template. It depends on how fast I can get each template done.

Could you explain what exotic spending is?
Heck that is new to me.

I just mean support for locktime, burn, parking etc in the UI in the advanced payment and history menu

[dzimbeck]

QT Wallets will be permanently maintained?Or go to Market BitBay Client?

QT will soon be abandoned because of pegging. It is highly likely i will not update it anymore. The markets client will take over.