Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 116. (Read 542115 times)

I think there is a faucet inside the bay market place. Perhaps someone else could confirm.

Also once bay has a build in development fund which i think should be coming soon we could attract attention here with micro tasks.

Stop begging. You already begged in some other topicks. Nobody likes a beggar.

also try to keep this thread going

https://bitcointalksearch.org/topic/ive-compared-syscoin-bitbay-particl-decentralized-markets-comparison-table-2354040

Great update david

This is exactly why we need a new team member to be dedicated to this thread on this board.

So at a later date if other decentralised exchanges do not materialise and work well i guess bitbay has the ability to .....

Did you think any further about using the lock time and amount of bay to attribute rewards to those accumulating and saving? like savings bonds. I think  people would really go for that. Especially once the online wallets and market place are here it would open all this up to the average person who does not want to run a wallet full time.

Well you can but you wont get your POS stake

If I hold bitbay on bittrex all its ok? I can buy more now and holding in bittrex?

hi, thanks but my problem are solved now by adding bitbay.conf file  containing addnode.

Hi everyone! So yes sorry there was no announcement here. The marketing team first tweeted the exotic spend and they I suppose wanted to decouple the promotion of that and the fork despite being all in one update.

They recently tweeted and sent a blast email. I asked them why we didn't post on Bitcointalk and perhaps because nobody was assigned to it. Although that is okay, consider this an official post!

Yes we are forking and everyone must update to the new QT or Markets Client immediately. The fork takes place on the 30th however we need everyone running the new build way before that (hopefully by the 15th we need them signaling the new build).

And of course you should want to stake the new build because the reward was raised from 1.5 coins to 20 coins. This means the reward is now officially close to 1%

If only 1/4 the network is staking then you should have 4x the probability of reward and average 4% per year.

Also the "exotic spend" is here we might be the first client ever to support it! I've never seen software with locktimes in the interface so this is definitely exciting.

The hash puzzle switches is the identical technique used for Blocknets atomic trade by the way. Although we have no intention of building an exchange it's worth noting how much potential these special payments have.

The most practical uses in this update is Notary, Freeze and Switch. If you guys have feedback while testing it let me know as I've tried to keep it very simple.

If your stakes are rejected it might be for another reason as the fork doesn't trigger for a little bit. So potentially check the debug log file and see what the issue is. Maybe your computers clock is wrong. That could cause stakes to be timestamped incorrectly.

It's not accountability because anyone who wants the mod key can have it as long as their intentions are good. In theory the moderation is decentralized. To be honest it's a good question but so far it looks like our users are honoring our request to keep it clean. For the project to get that kind of stigma would not help it's growth in my humble opinion.

For now we shall wait and see. It's definitely a gray area yet nobody has complained or raised any issues yet. The creators of TOR are not responsible either. The mod key exists as a courtesy in case someone wants to volunteer their free time chasing ghosts and hopefully a deterrent to show users where we want the software to shine in a commercial sense. In theory anyone who volunteers to moderate is simply a volunteer. If we have to adjust this in the future we could revisit it later. As of yet, there has been no need. This is still technology in it's infancy.

It is more surprising to me that bitbay even tries to have a single point of moderation at all. To me this opens it up for a single target of accountability.
Better to devise another way.

If users want to decentralise moderation in some way that may be best. 

It seems strange, if BitBay allows anonymous private unmoderated markets with TOR options, how is it possible to avoid drug trading?

you guys seen this table that was posted today


Highlights the great work been done by the team!

@BrechREiZ

thanks, that do the trick  

Thanks for the info. I am looking forward to being able to stake my bays.

I hope David is going to show up soon. Usually he is the most responsive developer of any community I have known ever.

Which makes this all the more unusual.


Should we get a member of the team that can bring over vital information from slack to this thread. This board is still the main jumping place or should I say landing place for noob crypto enthusiasts. Slack or other mediums are for those that are already interested in a specific project.

Cryptohunter,

  I have been using the new wallet to stake (ver. 1.29) with no issues so far.  As for why nothing has been posted here/why no updates etc. I have been trying to get an answer on that also over at the Bitbay Slack.

Thanks

you are talking about which ico? i think you posted in the wrong topic. not to say that you posted before reading.

On Twitter there was quite a build-up and such.

Very strange the new wallet release has happened and nothing announced or mentioned even about it on thread??

Was anything announced on slack about this i mean the ability to send locked coins is actually quite a big deal and opens up a lot of possibilities.

Who is staking with the new wallet already? is the pos rate fixed and returned to the correct amount?

I can only hope there is a nice surprise or something like that coming and that is why they have not made a big deal of the long awaited exotic spending feature?

I see a xmas surprise listed and there was meant to be summer surprise so i'm hoping either we have an indian summer or an early xmas ?

i am waiting for the OSX lite wallet. when will this wallet be released?