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Author Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg  (Read 541882 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.)
stereotype
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March 20, 2017, 12:52:39 PM
 #3981

good volume today. I think people are starting to realise that david is actually one of only a handful of coders/designers on this board that create useful game changing tech.

Thats Dai, diversifying.  Tongue

Can't believe he faked the volume on Qtum.
Waiting for Glebby, et al, to show us the trail. But yeah, a hideous ICO precedent, for others to follow.  Cry 
dzimbeck
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March 20, 2017, 12:55:13 PM
 #3982

good volume today. I think people are starting to realise that david is actually one of only a handful of coders/designers on this board that create useful game changing tech.

Thats Dai, diversifying.  Tongue

Can't believe he faked the volume on Qtum.
Waiting for Glebby, et al, to show us the trail. But yeah, a hideous ICO precedent, for others to follow.  Cry  

No need, raised almost all the money in 90 minutes. A joke. We should give ourselves a little more credit. Who needs proof? We've seen him do the exact same thing before. There was more than enough problems that they were already proven to be untrustworthy. For some people no amount of proof is good enough. Belief is a choice. Dwindling in disbelief (is simply denial).

Regardless, today is a big day for us. We are at our all time high. So after 2 years despite the bullshit we have fully recovered because we have real technology and people are finally starting to notice. Thanks to everyone for your patience.
whale_shark
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March 20, 2017, 02:23:35 PM
 #3983

Decentralised voting! WOW that's awesome guys!

Wish Bitcoin would adopt this feature to help stop their arguing!

Can the voting be used for anything or just deciding on the pegging increments once that's implemented

The proposal that is my favorite for Bitcoin is actually the BIP 100 which lets the miners vote on blocksize. Simple, secure and they know best because they buy the hardware and process transactions so they know the throughput and can absolutely adjust to it. Besides, Bitcoin is so centralized they are some of the only ones who even bother to download the chain.

Of course we already have that now. We can vote on whatever we want. But that doesn't directly effect block size or anything but at least the community can vote to increase it and we can fork. A recent discussion on slack was weather or not we should do a vote to increase the stake because the reward is less than 1% by mistake.

If we ever fork though i would be interested in exploring some anon feature that is easy to implement.




David will there be potentially more Anon features?
dzimbeck
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March 20, 2017, 03:02:08 PM
 #3984

For new people to the coin we have decentralized markets, 2 party escrow unbreakable contracts, and soon we will have a decentralized peg.

Here is our wall of features that already exist:
bitbay.market/walloffeatures/

Here is a series of videos of the client in use:
https://www.youtube.com/watch?v=HrXUZRGd1hE&list=PLILfNPSQCo6yjFiwXY6-C-ikIDs6v2nHU

Join us on slack for more questions.

On the 22nd we do the full release of cold staking, voting, tor support and many other features.

About a month after that we will have full support in the user interface for exotic spending such as:
Locktimes, Dead mans switch, parking, 6a/burn, freezing etc all correctly labeled in the UI (its a feature needed to prepare for the rolling peg)

Hopefully i can finish that one early so i can start working on the next template.

Thanks.
dzimbeck
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March 20, 2017, 03:03:20 PM
 #3985

Decentralised voting! WOW that's awesome guys!

Wish Bitcoin would adopt this feature to help stop their arguing!

Can the voting be used for anything or just deciding on the pegging increments once that's implemented

The proposal that is my favorite for Bitcoin is actually the BIP 100 which lets the miners vote on blocksize. Simple, secure and they know best because they buy the hardware and process transactions so they know the throughput and can absolutely adjust to it. Besides, Bitcoin is so centralized they are some of the only ones who even bother to download the chain.

Of course we already have that now. We can vote on whatever we want. But that doesn't directly effect block size or anything but at least the community can vote to increase it and we can fork. A recent discussion on slack was weather or not we should do a vote to increase the stake because the reward is less than 1% by mistake.

If we ever fork though i would be interested in exploring some anon feature that is easy to implement.




David will there be potentially more Anon features?

Will consider it, like maybe if we have to fork to update the POS reward we can maybe add one. It very much depends on my schedule.
denam
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March 20, 2017, 03:06:56 PM
 #3986

It is good to see to coin is back from long sleep and rising to the moon. dzimbeck did a fantastic job to bring some innovative features.
Karartma1
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March 20, 2017, 05:36:48 PM
 #3987

Nice uptrend and volume. My Bay bought during the infamous Bter ICO now value more than 3 years ago. I've never sold them which probably makes me a believer in this coin and in the work of everybody worked for this.
Now let's move on! Wink
funsponge
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March 20, 2017, 05:59:44 PM
 #3988

Great to see Davids hard work getting the attention it deserves.

This new wallet released this week will blow everything else away.
R-J-F
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March 20, 2017, 07:29:53 PM
 #3989

Nice uptrend and volume. My Bay bought during the infamous Bter ICO now value more than 3 years ago. I've never sold them which probably makes me a believer in this coin and in the work of everybody worked for this.
Now let's move on! Wink

Same here but, I've added quite a bit since the ICO. Never doubted David's conviction to see this project through.

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
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March 20, 2017, 08:47:50 PM
Last edit: March 20, 2017, 09:12:22 PM by klex22
 #3990

its so easy to trick people today, theyre just too naive (thats why there are so many scam coins cuz people believe everything they say). The way i see it is that the safest bet is to go with developers that have shown dedication and actually deliver the promised things.
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March 21, 2017, 01:28:17 AM
 #3991


It's nice to see that everyone is excited about the price increase in Bay. But keep it honest, and don't post under fake nicks trying to pretend to be some well known investors etc.
I just deleted a post by PolychainCapital after confirming that they have not posted in this forum. I will delete any similar attempts too.

temnize
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March 21, 2017, 09:29:28 AM
 #3992

hello, there anyone tell me
1.if the bays need transfer to client or the qt wallet will always be there so it is ok in wallet?
2. if need transfer then how? it seems i cant use the wallet.dat in client and find the bays directly.
Munti
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March 21, 2017, 09:44:13 AM
 #3993

hello, there anyone tell me
1.if the bays need transfer to client or the qt wallet will always be there so it is ok in wallet?
2. if need transfer then how? it seems i cant use the wallet.dat in client and find the bays directly.

You do not have to transfer your Bay to the client. For now both wallets work. That said, we do recommend that you use the client for a number of reasons.
Your wallet.dat from the QT wallet can not be used in the client because the client is multisig. You have to send the coins from QT to client.
cr197
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March 21, 2017, 09:49:57 AM
 #3994

hello, there anyone tell me
1.if the bays need transfer to client or the qt wallet will always be there so it is ok in wallet?
2. if need transfer then how? it seems i cant use the wallet.dat in client and find the bays directly.

You do not have to transfer your Bay to the client. For now both wallets work. That said, we do recommend that you use the client for a number of reasons.
Your wallet.dat from the QT wallet can not be used in the client because the client is multisig. You have to send the coins from QT to client.


If you need help understanding the Clients setup and it's differences from the typical QT wallet (Bitcoin clone), please refer to these videos to help you
https://www.youtube.com/playlist?list=PLILfNPSQCo6yjFiwXY6-C-ikIDs6v2nHU

Remember one of the main differences between the Client and the QT wallet, is that the Client requires 2 keys to create an account. Make multiple backups of these keys and store in safe locations.

Let us know if you need more help

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
cryptohunter
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March 21, 2017, 09:50:58 AM
 #3995

Seems the market woke up and found something worthy to invest in.

volume up 5x,  price up  3.5 times. Very nice.


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March 21, 2017, 10:32:14 AM
 #3996


Bitbay skyrocketing.

3 years of hard work, dedication and measured design priorities by dzimbek starting to pay off.
Johnny00
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March 21, 2017, 10:48:28 AM
 #3997

And this is only on bittex. Just imagine on poloniex.  Hopefully it's new investors realizing the potential.


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ljb281
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March 21, 2017, 10:56:53 AM
 #3998


Bitbay skyrocketing.

3 years of hard work, dedication and measured design priorities by dzimbek starting to pay off.

And this is only on bittex. Just imagine on poloniex.  Hopefully it's new investors realizing the potential.

it is us, /biz/

http://i68.tinypic.com/2ezoaz5.png

http://i65.tinypic.com/de8tjr.png

we discovered this coin 2 days ago - we liked it, so we shilled it

you're welcome for the gainz
cryptohunter
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March 21, 2017, 11:02:13 AM
 #3999


Bitbay skyrocketing.

3 years of hard work, dedication and measured design priorities by dzimbek starting to pay off.

And this is only on bittex. Just imagine on poloniex.  Hopefully it's new investors realizing the potential.

it is us, /biz/





we discovered this coin 2 days ago - we liked it, so we shilled it

you're welcome for the gainz


that's awesome cheers Smiley it's a great project so it's good to see people recommending it.

ljb281
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March 21, 2017, 11:08:56 AM
 #4000


Bitbay skyrocketing.

3 years of hard work, dedication and measured design priorities by dzimbek starting to pay off.

And this is only on bittex. Just imagine on poloniex.  Hopefully it's new investors realizing the potential.

it is us, /biz/

http://i68.tinypic.com/2ezoaz5.png

http://i65.tinypic.com/de8tjr.png

we discovered this coin 2 days ago - we liked it, so we shilled it

you're welcome for the gainz


that's awesome cheers Smiley it's a great project so it's good to see people recommending it.

thank you for doing that for me hehe
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