BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[Assassin1412]

New blog post, interesting read 

Who Do You Trust? How BitBays Double Deposit Escrow changes the way we trust each other
https://blog.bitbay.market/double-deposit-escrow-57812d4241aa

[Asimmo]

Staking is so damn unprofitable for this coin ...

High inflation is not profitable either. The gains on staking must be realistic and not put downward pressure on the market. Currently with the staking weight users actually gain closer to 2% which is pretty decent.

Completely correct..
Huge staking is damaging coin hugely as well.
It should be more realistic and relevant..

[Assassin1412]

Staking is so damn unprofitable for this coin ...

High inflation is not profitable either. The gains on staking must be realistic and not put downward pressure on the market. Currently with the staking weight users actually gain closer to 2% which is pretty decent.

Completely correct..
Huge staking is damaging coin hugely as well.
It should be more realistic and relevant..

Yep, just look at most of Dash Clones with > 200-1000% ROI/YEAR and how they're doing now after the bear market 

[abbeyaboli]

Keep up the great work and the results will come. You're a smart man with demonstrable results ...

I am going to buy some BitBay as i think the coin its self is very unique. Thanks

[dzimbeck]

Okay so this post is going to be a bit casual but I will forward it to Sean so they can make a nice tutorial with some screenshots.

If using Markets wallet:
Your account that qualifies should be the one you have open
Go to File->Sign/Verify
In the area to enter your message, paste your ETH address without any spaces or extra stuff
Then click sign
Choose one of your keys from the account you have open that qualifies
Then copy the signature and save it somewhere
Click sign again
Choose the second key from the account you have open that qualifies
Then copy the second signature and save it somewhere
Then close that window and go to the send tab
Click on advanced sending
Click on "Copy redeem script"
Then send an email to Optitoken
The contents should be your redeem script, your ETH address and BOTH of your signatures

Is it safe?
And where exactly the "key from the account you have open that qualifies" located?
Thank you!

Every account comes with two "share" files. key1.share and key2.share. Those are your public keys connected to your private keys. Really just the account that qualifies is the one you have open which is one of the top 500. So yes it's perfectly safe. What you send Opti is your redeem script which is actually just your receiving address written out longer, your ETH address and signatures. You can always contact me in advance if you have any questions about this. Maybe we can make a short video showing how to sign for both QT and Markets or a visual tutorial.

[dzimbeck]

Keep up the great work and the results will come. You're a smart man with demonstrable results ...

I am going to buy some BitBay as i think the coin its self is very unique. Thanks

Nice to have you on board! Let us know on here if you ever have any questions or want to test out the markets. 

[wwzsocki]

Finally, I have invested a few days ago in Bitbay. I was regretting that I haven't invested before spike a few months ago when I evaluated this project. I knew that Dzimbeck will do all what possible to finally be successful with his project. Such a developer is an asset for this project with no doubt. I like this constant development and this is just overwhelming how much only one dev was able to achieve. Few projects with an army of developers are far away behind Bitbay.

[Hammonds]

By the way, this tight integration starts tomorrow or tomorrow indacoin just list BAY and tight intergration is in the future?I think this is why David Zimbeck has said in many interviews that exchange relationships will be very important going forward. Apparently he has multiple ways of handling it so we'll have to see.

[Assassin1412]

Another in-depth review for BAY published. More people are getting aware of BAY each day 
https://www.youtube.com/watch?v=wzmewuM1llM&feature=youtu.be

[Figatko]

Okay so this post is going to be a bit casual but I will forward it to Sean so they can make a nice tutorial with some screenshots.

If using Markets wallet:
Your account that qualifies should be the one you have open
Go to File->Sign/Verify
In the area to enter your message, paste your ETH address without any spaces or extra stuff
Then click sign
Choose one of your keys from the account you have open that qualifies
Then copy the signature and save it somewhere
Click sign again
Choose the second key from the account you have open that qualifies
Then copy the second signature and save it somewhere
Then close that window and go to the send tab
Click on advanced sending
Click on "Copy redeem script"
Then send an email to Optitoken
The contents should be your redeem script, your ETH address and BOTH of your signatures

Is it safe?
And where exactly the "key from the account you have open that qualifies" located?
Thank you!

Every account comes with two "share" files. key1.share and key2.share. Those are your public keys connected to your private keys. Really just the account that qualifies is the one you have open which is one of the top 500. So yes it's perfectly safe. What you send Opti is your redeem script which is actually just your receiving address written out longer, your ETH address and signatures. You can always contact me in advance if you have any questions about this. Maybe we can make a short video showing how to sign for both QT and Markets or a visual tutorial.

Thank you, but BitBay client lets you sign only ".private" files and there are no other options. So I signed two ".private" keys, exactly as you said: "Choose one of your keys... Choose the second key". Is it OK? Can somebody reach my account using these signatures?

[jackmuu]

Check out BitBay (BAY) video review by Cryptolite:

https://bestcrypto.tv/804/bitbay-bay-review/

[vuthanhthanh311]

If any body is trying to use the smart contract bitbay wallet but it always crashes on you, try opening the client as an administrator (  run as administrator) it works for me . whom every it works for can start making smart contracts now in bitbay.

[dzimbeck]

If any body is trying to use the smart contract bitbay wallet but it always crashes on you, try opening the client as an administrator (  run as administrator) it works for me . whom every it works for can start making smart contracts now in bitbay.

Thanks for reporting this, what platform are you running and what directory did you install to?!

[dzimbeck]

Okay so this post is going to be a bit casual but I will forward it to Sean so they can make a nice tutorial with some screenshots.

If using Markets wallet:
Your account that qualifies should be the one you have open
Go to File->Sign/Verify
In the area to enter your message, paste your ETH address without any spaces or extra stuff
Then click sign
Choose one of your keys from the account you have open that qualifies
Then copy the signature and save it somewhere
Click sign again
Choose the second key from the account you have open that qualifies
Then copy the second signature and save it somewhere
Then close that window and go to the send tab
Click on advanced sending
Click on "Copy redeem script"
Then send an email to Optitoken
The contents should be your redeem script, your ETH address and BOTH of your signatures

Is it safe?
And where exactly the "key from the account you have open that qualifies" located?
Thank you!

Every account comes with two "share" files. key1.share and key2.share. Those are your public keys connected to your private keys. Really just the account that qualifies is the one you have open which is one of the top 500. So yes it's perfectly safe. What you send Opti is your redeem script which is actually just your receiving address written out longer, your ETH address and signatures. You can always contact me in advance if you have any questions about this. Maybe we can make a short video showing how to sign for both QT and Markets or a visual tutorial.

Thank you, but BitBay client lets you sign only ".private" files and there are no other options. So I signed two ".private" keys, exactly as you said: "Choose one of your keys... Choose the second key". Is it OK? Can somebody reach my account using these signatures?

Correct! The two private keys connected to your account is what signs. Then Opti only needs your redeem script which contains the public keys so it's
easy to verify.

Bitcoin works with signatures, that is how transactions are also sent so yeah absolutely secure. You can learn more about how the cryptography works in these
really cool videos:
https://www.youtube.com/watch?v=wXB-V_Keiu8
https://www.youtube.com/watch?v=YEBfamv-_do

I'm going to make a graphic to show this process better for both QT and Markets client. The Opti snapshot is the 1st of May if you know you will be on top 500 then surely you can try to sign now.

[Figatko]

Thank you, David!
The last thing I'm not sure is do I need to create some special custom token in eth wallet to receive OPTI. There was an instruction:
https://medium.com/adbank-blog/how-to-add-a-custom-token-to-myetherwallet-fc4f17840ded
But I don't know if that ADB token was just an example and maybe I should create one for OPTI. I couldn't find info.

[dzimbeck]

Thank you, David!
The last thing I'm not sure is do I need to create some special custom token in eth wallet to receive OPTI. There was an instruction:
https://medium.com/adbank-blog/how-to-add-a-custom-token-to-myetherwallet-fc4f17840ded
But I don't know if that ADB token was just an example and maybe I should create one for OPTI. I couldn't find info.

You would just be telling MyEtherWallet to recognize it so you can check your balance and send and stuff. Opti will probably
give some info on that when it launches.

[stonesourcery]

where do we find news about the OPTI airdrop / bonus for holding DigiByte in web wallet / QT Wallet?
today is the deadline for the snapshot , right?

[Bazzzil86]

Airdrop today 

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=BitBay+%28BAY%29&SortBy=0

[stonesourcery]

AWESOME RESOURCE
https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=BitBay+%28BAY%29&SortBy=0

& another relevant site is a time converter
UTC TO GMT CONVERTER
https://www.worldtimeserver.com/convert_time_in_UTC.aspx

[Figatko]

Airdrop today  

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=BitBay+%28BAY%29&SortBy=0

15 May 2018
BitBay (BAY)
Web Marketplace Preview

30 May 2018
BitBay (BAY)
Hire Template Release

30 June 2018 (or earlier)
BitBay (BAY)
Programmable Contracts

30 June 2018 (or earlier)
BitBay (BAY)
Dynamic Peg Release

30 June 2018 (or earlier)
BitBay (BAY)
Web Wallet Marketplace

Really?  
So soon?