Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 137. (Read 542151 times)

I think those choosing to use the full client should download the entire chain. The api will open bitbay up to the main stream when we have mobile apps and websites running on top of bitbays core

Okay well you are right. And those two things are on the list. We need fancy graphics, the market table itself can be given a great style. Forms and buttons can be given style. Font's and so much can be altered. I would need a graphics guy to work with our skin in order to do that.

Currently we have the background transparency which looks okay. There is a nice gradient on the menu and various other things so we at least have something to build on.

"Fast sync" is one of the first things on the list. Just realize it will have to be optional because users sacrifice security when trusting a block explorer. Also, if too many people do it, then security is reduced and the chain is easier to attack.

So in order to set that up we would need multiple online block explorers similar to electrum. The next update is exotic spend and the fork, after that is templates. So this is already in my notes.

Yes I meant fancy graphics or something. People got used to just click and go to beautiful sites where they can find everything they want. But OK, they learn about BitBay and that it has some advantages, they bother to install the software and wow, waiting to syncronise for a pair of days and watching the poor graphic design.
These two things work together. It would be great if at least one was changed: having a lite client or fancy graphics or anything solving this.
Bitbay is ready for a long time to accept traders, wasn't it so a year ago? But still sometimes I look and see noone there or a pair of coin offers from some community member.

Hey so whenever a troll shows up, using a brand new account and says things that don't make sense just post the wall of features

http://www.bitbay.market/features

EDIT:
Judging from your earlier post history you claimed to be interested in BitBay...

"Taking an interest in this project.  I've familiarized myself with the client and things seem to work as they should" ~ Preventative.Measures

So why would you say that and a couple posts later say you downloaded it and it doesn't work. Why go from taking an interest to trolling? Sorry I didn't notice your comment history at first.

We have executed 1000s of contracts on this platform what are you even referring to?

Did you accept the Faucet contract with Craig? You asked me about the barrier to entry and I explained it to you.

You claim I'm getting defense however all I did was answer your questions in a cogent manner. I'm the coder okay and you claim I can't finish it alone. But do you realize we are almost done? You don't seem to realize there is very few blockchain coders in the world finding more coders isn't easy.

@preventative.Measures

I think you definitely have the wrong idea about what's going on with BitBay. If you're having technical issues with the client we'll gladly assist you, furthermore any specific feedback will allow for us to improve the client in the future.

As for saying an explainer video would be a waste of resources, I think you contradicted yourself when in your own post you admit to being confused as to "what BitBay does". A good explainer video would assist in the average person's understanding of what BAY is 

Tried that.  It doesn't work.

 
You can't clearly and succinctly explain the basic mechanics of your project to laypeople (potential investors) and you wonder why BAY is less than vaporware at this point?  Doge does one thing well...be retarded.  And it does that exceptionally well.

What does BAY do, exactly?  The answer is nothing.  You explained a few posts back how a basic transaction performs in BAY, and even that, the core of its functionality, needs substantial thought and revision, which you cannot see because you've assumed the fool's errand of attempting this whole project solo.


You'll need it if you're the sole dev and are wasting time on here getting defensive.  Go to a local college and recruit someone.  Do something.  It's obvious you can't finish this thing by yourself.  Hiring a bunch of internet flunkies to create an advertising video = waste of resources and waste of time when the project can't deliver on any of its stated goals.

What Bitbay needs is a niche for it's marketplace. Like Facebook had Harvard community as a niche. A small, obtainable nucleus around which people can form and trade stuff.

Grey market products seems an obvious choice but that has it's own connotations. It could be much lower key, like the lending economy. Smart contract escrows could be used for lending stuff out to people in the neighbourhood. IE, 0% transaction, 100% collateral. That way people can confidently give out their gear knowing that they'll receive it back in perfect condition or be reimbursed. 

Think small, really small, put the bar all the way down and then you can start get that snowball rolling.   

Why bother? Because investors deserve the software they came for. It's not a goner if there is a 25-50 million dollar marketcap and 50k to 500k of daily organic volume. We don't fake volume like some of the other coins.

Also the software has the most features of anything else out there. This thing really works. Download it and see for yourself. Can you explain why it's not above Dogecoin? Dogecoin doesn't do anything. Why do so many honest projects fall below vaporware?

Anyways thanks for the good luck.

You have to download Ethereum blockchain to user their service and it's like 100 times the size of ours. We had an issue with Mac sync that was fixed in the recent build.

As for the UI... calling it "horrible" doesn't really tell me anything. We have a wizard, help boxes, tons of things including tutorial videos, templates etc.

What does it need fancy graphics or something? Should it sing to you? I mean in reality people use microsoft word and it doesn't have 3d animations and cater to every graphical need.

There is a difference between UX and UI. Our markets use a table but that's needed for when you change from Sales to Coins for Cash for example or when you switch to auctions. Each category changes the feel of the markets and the columns on the table.

We can get around sync but at the cost of your security and the security of the blockchain. I'm not sure we need that liability. However, it is a good idea and it's considered something to tackle. In BitHalo I don't make users download the chain. The problem is altcoins don't have access to things like API requests for unspent transactions. On chainz they make you get an API key so we need our own block explorer which requires multiple servers so users can know there is know their inputs and values are accurate. This is peoples money we are talking about, it's not a trivial thing.

lol ouch...man, bitbay still going eh?  why bother.  i wish you luck though, but imo she's a goner (since awhile).

Totally agree, had horrible experience with this

Ask that question in the thread of any coin, and you will always get yes as an answer.

That said, I think BitBay is the best investment you can find in crypto. It has the most secure and advanced wallet you'll find in any coin. Lots of features that no other coin has. And it is extremly undervalued.

The roadmap is on the OP. Here is what is planned...

Next update:
Time locks, burn/notary, Freezing of coins (needed for the swap of frozen coins)
And the fork update to the staking reward

After that each template is released one by one Buy/Sell, Employ/Hire, Barter, Python templates

Then the API which should be easy since I am letting people use the interpreter.

Then finally the first demo client of the long awaited peg. Here we will be able to test the feel of it by simulating it on the client side.

Then the peg becomes hard coded for the mining rules and we build the API commands for the exchanges and talk to them about what they need.

whats road map for peg

Well you've got a point he comments on tons of different threads like a comment a day. Kinda odd. However,  I think he came by from Sys thread if you notice he posted there shortly after. It's really trivial and lame tbh. We didn't fud them I only responded to Sid's comment and now a few of them are upset. Just let it pass I guess. The funny thing is, I want them to be successful and stated a few times that no harm was intended and was only responding to things that were said about us that are untrue.

I think the best thing to do is if you are an investor of BitBay always remember to be respectful of other communities unless of course it is a trap coin. I prefer to be friendly with other devs to chat about crypto and theory and stuff... not to compete with them.

Oh well...

The race is always with ourselves. We never gauge our progress or skill in terms of what everyone else is doing.

That is why we pioneer ideas here.

above post made by a bot by the looks of his post history.

Do not like BitBay ...Honestly

Thanks to Meta’s connections, he was able to get his friend Taha to integrate BitBay into his chrome price tracker extension. Now you can track the price of BitBay in your chrome browser! https://chrome.google.com/webstore/search/bitbay%20bay%20price?hl=en-US

The website bounty list has been completed in full in regards to web development tasks. Thanks to Shorn for all the fast and hard work! We still have some work to do with finalizing text documentation so we can begin translating our website to other languages.

The marketing team continues there work with the "La Baleine" French community along with others.

Our marketing survey has provided us will excellent feedback. We are still recording data, so if you haven’t already done so feel free to take our survey with a chance to win 2000 Bay reward for the person who provides the best suggestion regarding BitBay’s future marketing and development!
You can take the survey here: https://bitbay.typeform.com/to/RHhm6b

We are prepping for the production of a new professional commercial to be featured on our website and youtube. This will take some time as we will utilize all our recent marketing research to provide a commercial relaying the communities input - seeing is believing!
   
As always - thanks for supporting BitBay!

Links:
https://www.reddit.com/r/BitBay/
https://bitcointalksearch.org/topic/bitbay-official-bitbay-thread-smart-contracts-decentralized-markets-rolling-peg-890531
http://bitbay.market/wp-login.php?action=slack-invitation
https://t.me/bitbayofficial
https://discord.gg/sP8b66W
https://twitter.com/BitBayofficial
Bitbay.market

I think once the api is done and we get some websites and mobile version then more mainstream people will adopt it.
ebay resellers will be able to make money just from the fees especially over seas with the auto added on evil ebay fees and taxes now.

If that gets done before the peg then we can look at pegging much higher to start.

The possibilities are endless but there is only so much one person can do.

Bitbay eventually needs sidechains to enable other teams to plugin and fund raise then build on top of the core. Although even without this it can rival the top 10 projects.