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Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 14. (Read 542087 times)

full member
Activity: 176
Merit: 100
Hello,

can I ask how that PEG works? Latoken/exchanges have different wallet like others people?

At Latoken had 1016 BAY Reserved fund I got after some time transfered 10 BAY to liquidity fund.

Here is screen from Latoken:


Now lets look to my personal wallet.


Reserved BAY 1059 and avaiable for liquidity just 0.53 BAY?

Anyone else is able trade at Latoken exchange? Im getting only empty page when I search for BAY.
legendary
Activity: 2412
Merit: 1044
How do I find the version of the Markets Client? When I click on Help/About it just says "Halo 2.5". But that is not the version of the Client proper.

Thanks in Advance

that is the correct version, the QT is on a different version 3.1 than the Python Halo client which is indeed 2.5.
jr. member
Activity: 64
Merit: 2
How do I find the version of the Markets Client? When I click on Help/About it just says "Halo 2.5". But that is not the version of the Client proper.

Thanks in Advance
legendary
Activity: 2412
Merit: 1044
Thanks dzimbeck, all sorted now I think  Wink

Perfect! You're welcome and let me know if you have any other questions.
member
Activity: 96
Merit: 10
Thanks dzimbeck, all sorted now I think  Wink
legendary
Activity: 2412
Merit: 1044
Hi guys, anyone know why it takes 180000 network confirmations before we get our BAY onto LAtoken exchange? its been about a month and a half now and still only around 40k confirmations  Huh

Quote
Your account will be credited after 180000 network confirmations.

You can check current transaction status on the transactions tab.

I also don't see anything in the transactions tab.

Thanks.

You can review the LATOKEN exchange wallet here:
https://chainz.cryptoid.info/bay/wallet.dws?67109.htm

Check for your deposit address. Eventually we hope that LATOKEN will update their UI to include "pending" for BAYR deposits rather than looking up manually on explorer.

Thanks for the reply cr197, I have checked my deposit address and I'm not getting any results, It's showing as sent in my bitbay wallet. when I try to look for the transaction on the BitBay Blockchain Explorer it's not showing any results? And when I look up my wallet address on the explorer it shows my balance and my previous transactions in 2019 but not this recent one?

I have been in contact with LAtoken support and they gave me this message:

Quote
This changing is normal, it is due to the peg
BAY switch to BAYR depending on the vote or BAYR switches to BAY depending on the vote
if inflate or deflate, it is how BAY works. BAY and BAYR are same token actually, in the blockchain it is considered as same token, it is just different states.. For more details you need to contact BAY team and they will explain more.

So do I just have to wait or has something gone wrong do you think?
sorry for being a noob + thanks Smiley

You are on a fork then. You should update the software, backup you wallet and keys, dump your wallet keys to a file(if on QT), remove the blockchain files from data directory, download bootstrap and put it in data directory, import your wallet keys into a new wallet and resynchronize. Your funds are still in your account and after doing all of that you can try sending the transaction again.
member
Activity: 96
Merit: 10
Hi guys, anyone know why it takes 180000 network confirmations before we get our BAY onto LAtoken exchange? its been about a month and a half now and still only around 40k confirmations  Huh

Quote
Your account will be credited after 180000 network confirmations.

You can check current transaction status on the transactions tab.

I also don't see anything in the transactions tab.

Thanks.

You can review the LATOKEN exchange wallet here:
https://chainz.cryptoid.info/bay/wallet.dws?67109.htm

Check for your deposit address. Eventually we hope that LATOKEN will update their UI to include "pending" for BAYR deposits rather than looking up manually on explorer.

Thanks for the reply cr197, I have checked my deposit address and I'm not getting any results, It's showing as sent in my bitbay wallet. when I try to look for the transaction on the BitBay Blockchain Explorer it's not showing any results? And when I look up my wallet address on the explorer it shows my balance and my previous transactions in 2019 but not this recent one?

I have been in contact with LAtoken support and they gave me this message:

Quote
This changing is normal, it is due to the peg
BAY switch to BAYR depending on the vote or BAYR switches to BAY depending on the vote
if inflate or deflate, it is how BAY works. BAY and BAYR are same token actually, in the blockchain it is considered as same token, it is just different states.. For more details you need to contact BAY team and they will explain more.

So do I just have to wait or has something gone wrong do you think?
sorry for being a noob + thanks Smiley
full member
Activity: 307
Merit: 109
Hi guys, anyone know why it takes 180000 network confirmations before we get our BAY onto LAtoken exchange? its been about a month and a half now and still only around 40k confirmations  Huh

Quote
Your account will be credited after 180000 network confirmations.

You can check current transaction status on the transactions tab.

I also don't see anything in the transactions tab.

Thanks.

You can review the LATOKEN exchange wallet here:
https://chainz.cryptoid.info/bay/wallet.dws?67109.htm

Check for your deposit address. Eventually we hope that LATOKEN will update their UI to include "pending" for BAYR deposits rather than looking up manually on explorer.
legendary
Activity: 2412
Merit: 1044
Hi guys, anyone know why it takes 180000 network confirmations before we get our BAY onto LAtoken exchange? its been about a month and a half now and still only around 40k confirmations  Huh

Quote
Your account will be credited after 180000 network confirmations.

You can check current transaction status on the transactions tab.

I also don't see anything in the transactions tab.

Thanks.

If it's BAYR it takes a month to confirm because those are reserve. They should credit to your account if not, ask Latoken and send them the TXID. Also you can check the TXID on chainz.cryptoid you should make sure you aren't on an orphan chain.

If you don't see anything in the transactions tab maybe rescan your wallet or compare the balance to chainz, you should see your Tx there as well.
member
Activity: 96
Merit: 10
Hi guys, anyone know why it takes 180000 network confirmations before we get our BAY onto LAtoken exchange? its been about a month and a half now and still only around 40k confirmations  Huh

Quote
Your account will be credited after 180000 network confirmations.

You can check current transaction status on the transactions tab.

I also don't see anything in the transactions tab.

Thanks.
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
I love this article. It just goes to show how the industry has massive horse blinders on it and when a solution arises, they take a lot of waking up to realize there IS a solution.
The Dynamic Peg fixes this. And the beauty of it is that it can't be broken so it can't fail. It's just a matter of waking up the masses



https://www.forbes.com/sites/seansteinsmith/2020/06/17/bitcoin-failed-as-money-and-that-is-great-news-for-crypto/

Maybe we should email the editor and let them know about the peg release and BitBay as one of the oldest most developed projects.


That's a great idea, I think if we can get the editor to give you a small interview, could be exactly what Bitbay needs now, to let the world know about your genius invention. I think all people need is a small lesson on this peg system, once they can understand it, they will see that is the future of Crypto.
legendary
Activity: 2412
Merit: 1044
I love this article. It just goes to show how the industry has massive horse blinders on it and when a solution arises, they take a lot of waking up to realize there IS a solution.
The Dynamic Peg fixes this. And the beauty of it is that it can't be broken so it can't fail. It's just a matter of waking up the masses



https://www.forbes.com/sites/seansteinsmith/2020/06/17/bitcoin-failed-as-money-and-that-is-great-news-for-crypto/

Maybe we should email the editor and let them know about the peg release and BitBay as one of the oldest most developed projects.
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
I love this article. It just goes to show how the industry has massive horse blinders on it and when a solution arises, they take a lot of waking up to realize there IS a solution.
The Dynamic Peg fixes this. And the beauty of it is that it can't be broken so it can't fail. It's just a matter of waking up the masses



https://www.forbes.com/sites/seansteinsmith/2020/06/17/bitcoin-failed-as-money-and-that-is-great-news-for-crypto/

I agree with you, very good article, thanks for sharing it  Cool
full member
Activity: 307
Merit: 109
I love this article. It just goes to show how the industry has massive horse blinders on it and when a solution arises, they take a lot of waking up to realize there IS a solution.
The Dynamic Peg fixes this. And the beauty of it is that it can't be broken so it can't fail. It's just a matter of waking up the masses



https://www.forbes.com/sites/seansteinsmith/2020/06/17/bitcoin-failed-as-money-and-that-is-great-news-for-crypto/
full member
Activity: 307
Merit: 109
Trading has resumed on LATOKEN
legendary
Activity: 2412
Merit: 1044
lol snorefest still eh?

At least BAY is holding 20 cents. It's out of our control that the crypto space isn't like the good days of altcoin liquidity. Now we need to look for more traditional liquidity methods to increase supply.
full member
Activity: 307
Merit: 109
Bug fixed. Seems there was a bug in the POS alliance coding that was designed to fight spam attacks. But it opened weakness for chain to fork
Testing new QT wallet now. Version 3.1.1
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
This is an exiting time in Bitbay history, things are about to explode, now is the time to buy  Grin Cool
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!

Interesting video, good to see such positive talk on Bitbay, I feel good things for the future with this project  Cool
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