Topic: BATA BTA ◈ OLD THREAD - NOW @ https://bitcointalk.org/index.php?topic=2297895.0 - page 16. (Read 283709 times)

From BTA Slack

midnightminer:


Some not very interesting news but important: Bata blockchain enforced version 4 of the blocks at Block # 675533



Which means wallets (before 0.10) that do not support version 4 will be stuck at this block.

great  to hear

Go Midnightminer.

At present development is working dynamic checkpoints. Our source code (0.10.4) is much newer than those other crypto's that have dynamic checkpoints - most have static checkpoints, which we currently do. Therefore more coding is required than a copy and paste. Once midnightminer is completed we will be able to update Bittrex and all other wallets. Midnightminer has been working day and night on the update.

Once this is completed we will update you to the progress on all projects.

Any news on the master nodes and how to run it???

Also I would like to know if you transfer BTA to cold storage on what website can I enter the shared key the amount of coins (just like https://blockchain.info).

Bta should be in the top 10 or 20 where it belong , how can we achieve that.

Development Update via Slack:

Midnightminer:
"I am moving towards getting the wallet out of maintenance on Bittrex.  That means solving the 51% attack.  There are 2 paths I am taking this week.  Continue the update of the wallet to Core 0.12 and implementing dynamic checkpoints in the current wallet version."

Bittrex in maintenance?

Thanks guys, that is all really helpful. Not panicking or anything, just thought it was strange I haven't been able to move my BATA for so long.
I will definitely be holding onto them as they have performed well for me so far.

I think the introduction of the new wallet will restore some faith in the coin and we should see a steady price increase. When masternodes are iimplemented we should see the price soar. 10k is needed to run a masternode, so I'd hold for now. If you've got more than 10k then you might want to lock into some profit, saving enough for a masternode.

"Bittrex Under Maintenance"
This means that no deposit or withdrawals of BTA until our Hybrid Pow/Pos Wallet is released. This is a security measure triggered by multiple double spend attacks on a number of POW based cryptocurrencies. For more information regarding double spending visit: https://en.bitcoin.it/wiki/Double-spending

Reasons to hold onto BTA are the developments due soon:

https://bata.io/development

We are sitting at 70,139.15% all time growth, which has been achieved with no funding, or premine. Not many other cryptocurrencies can have those kind of stats.

https://bitcointalksearch.org/topic/m.19459031
Bittrex will stay in maintenance until we switch to hybrid mode. This will be soon, I think in the next two weeks.

Hi all, hoping someone here can clue me in on BATA -

I own quite a lot - I think I bought a small amount on a random tip a good while (over a year?) ago - they seem to have nicely gained in price and are now worth a not unsubstantial amount of BTC.
However I notice that for the last month or so I have not been able to move them in my Bittrex account - the wallet is locked as "under maintenance". I see one reference to this in the thread above (recently - sorry I don't have time to read a whole 125 page thread). But it doesn't really make it clear what the issue is.
So can someone tell me what is so good about this coin? Why can't I move my BATA balance on Bitrex (not even sure if I want to - if there is good reason I will probably just hold onto it - give me a reason!).

Waiting for that Masternode update 
If things are looking grate, then you'll have a new investor 

Profit Shares Update via Slack:

by BiznatchEnterprises

https://github.com/BiznatchEnterprises/ProfitSharePlatform

Profit Shares Platform is a closed-source (soon to be open-source) conceptual network used to self-regulate "cryptomarkets", They can be considered a "controlled" alternative to exchange tokens. These will never become volatile digital assets and remain secured using cryptography. They remain 100% backed at all times by a secondary blockchain asset such as BTC, BTA, ETH and STRAT. Crowdfunding BATA projects using non-expiring, liquid capital profit shares. Profit Shares can offer liquid, stable and consistent returns for investors.

The shares are mathematically controlled to prevent crashing. Price per share = fund balance / total shares The community decides on their price movements and thus controls their volatility by allowing the fund administrators (or in the future - smart contracts) to remove funds for development use or require new business profits to be distributed with shareholders. This unique and transparent system is still in experimental and development stages. We fully welcome all questions or new ideas.

Profit Shares will also work through a node system, but these nodes will not require any coins to be operated. A web-server running PHP, and general web-development experience. Secondary nodes will be compatible with Desktop, Tablet, Mobile and other devices. No coins will be required to run these services – if you’re running a primary node then you have the ability to charge user-fees on your own terms. We’re going the let the free-market decide ROI on running network nodes for Profit Shares, There will be no direct network fees implemented during the initial launch but this feature may be introduced in the future depending on community developments.

This will allow users to purchase & create bond like financial instruments using blockchain technologies. Variable, programmable investment terms and flexible rates of return can be created using a new technology for smart-contracts. Profit Shares can generate a yield to the holder of these instruments and provide a transparent, affordable, easy to use platform for investment funds, businesses and even governments. One can think of the Profit Shares Platform like an ultra advanced version of kickstarter while integrating peer to peer exchanges for digital financial assets.

Multiple forms of payment can be integrated within the platform. Automated transaction processing within a timely manner, allows the network to function in real-time ecommerce industries.

The address should start with "B".

I tried to withdraw bata to an adress very similar to this address:
1J5TNrB3WF4BPzdpt5dPBXkty2tBhsjTyC

why does it say invalid adress?

I think this coin has really bright future

BATA have now new bottom price 22k.

Development Update via Slack:

by Midnightminer

An update on the development:
Most of the wallet is updated to Core 0.12 to keep up to the changes implemented in Bitcoin and other coins such as Dash, PIVX, etc that have Masternodes.
The current issue is the mining or Block Generation code.  Having some issues at the moment.  I hope to resolve over the next few days.

Target for this week will be a Core 0.12 wallet successfully compiled and ready for testing on the weekend.
Next week will be integration of PoW/PoS.
Following this will be Masternode integration testing.

Bittrex suggested that we keep the BTA wallet in maintenance mode until we release Hybrid due to the rate that other blockchains are being attacked.

The team would have to agree with the suggestion. We do not want to compromise anyone's BTA that is held on Bittrex.

We are maintaining the hashrate and Midnightminer is working hard on the Hybrid. An update on progress will be made at the end of the week.

Information regarding Masternodes will also be made available at the end of the week.

Last but certainly not the least, an update on Profit Shares (release has been purposely held back due to current events) by the end of the week.