Author

Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 172. (Read 542140 times)

legendary
Activity: 2412
Merit: 1044
And keep up the great work, David.

Any estimated time table on the forking?

Well as you know forks need to be planned and adopted by ALL our users. So yes hopefully within 1-2 months(when it triggers). I'm going to do a list of performance updates first. Those updates may not even be synchronized but I will definitely let you guys know when its ready. Since the fork would be adopted early to ensure it transitions correctly.
sr. member
Activity: 294
Merit: 250
And keep up the great work, David.

Any estimated time table on the forking?
full member
Activity: 240
Merit: 100
For those who have not submitted a request to get BAY on Poloniex

https://poloniex.com/coinRequest


I also like the idea of getting BAY on Cryptopia like CryptoHunter mentioned. However, we would have to pay to get on there.

It would take 2 million Dotcoins which is approximately $1,735. Or could opt for the combo deal of 2.8 million Dotcoins which would get Bay on the exchange, 1 month reward slot, 2 month tipping slot, and 1 month of being a featured currency




Since AFAIK, we would not have to pay anything to get on Poloniex, and that is the better exchange, we should focus on getting on there for now. I do like Cryptopia, though




I have a sneaking suspicion that BAY will be added to Polo with PIVX and ARK after the scheduled delisting.

So I'm HODLing  Grin
I sure hope so!

I think all of us are holding Smiley. I don't plan on letting go of any BAY for a long time
sr. member
Activity: 294
Merit: 250
I have a sneaking suspicion that BAY will be added to Polo with PIVX and ARK after the scheduled delisting.

So I'm HODLing  Grin
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
We just smashed through a relatively huge sell wall of approximately 13 btc at 650 sats!


that was a nice take down...

next huge wall is 4000 sats....

hold spartans.

newbie
Activity: 13
Merit: 0
Bitbay is crushing it today! Keep on going....  Smiley
full member
Activity: 240
Merit: 100
We just smashed through a relatively huge sell wall of approximately 13 btc at 650 sats!
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Nice upswing today against a btc upswing too and ltc.

I wonder if a certain exchange will list us soon. Got to be a possibility now really.

Any mini updates of things happening in the background?

I know you guys love slack but It's great to keep this thread on page 1 as much as possible so many new members looking for good opportunities. I get told thanks for pointing people to bay quite a bit and they say they never heard of it before. Hard to believe but I guess there are so many shitcoins clogging up the ann section it's not easy to spot the useful ones.

I'm updating the OP actually... and I'm still working on the next round of performance updates and a may release the stake update with it.

That sounds great david. Does this stake update put the rewards back to 20.5 or is there a incremental staking reward based on amount held and duration?

There is something psychological about having a targe to reach and maintain. People who are gathering block all say nearly got my  5k this is something bay can achieve too. After that they are staking for 10k. The motivation to accumulate and hold it is very powerful.

I think it's an ATH today for bay. Must be with BTC price so high too. New highs are always good to see.

legendary
Activity: 2412
Merit: 1044
Nice upswing today against a btc upswing too and ltc.

I wonder if a certain exchange will list us soon. Got to be a possibility now really.

Any mini updates of things happening in the background?

I know you guys love slack but It's great to keep this thread on page 1 as much as possible so many new members looking for good opportunities. I get told thanks for pointing people to bay quite a bit and they say they never heard of it before. Hard to believe but I guess there are so many shitcoins clogging up the ann section it's not easy to spot the useful ones.

I'm updating the OP actually... and I'm still working on the next round of performance updates and a may release the stake update with it.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Nice upswing today against a btc upswing too and ltc.

I wonder if a certain exchange will list us soon. Got to be a possibility now really.

Any mini updates of things happening in the background?

I know you guys love slack but It's great to keep this thread on page 1 as much as possible so many new members looking for good opportunities. I get told thanks for pointing people to bay quite a bit and they say they never heard of it before. Hard to believe but I guess there are so many shitcoins clogging up the ann section it's not easy to spot the useful ones.
legendary
Activity: 2412
Merit: 1044
Thank you Dave for the analysis! Much appreciated.

I shared it on the Blocknet's thread.


P.S. @Cryptohunter you're welcome to rejoin the Blocknet thread if you'd like to.


Sure, congrats. You guys have made a tremendous comeback. Awesome
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Thank you Dave for the analysis! Much appreciated.

I shared it on the Blocknet's thread.


P.S. @Cryptohunter you're welcome to rejoin the Blocknet thread if you'd like to.


Thanks, that's cool Smiley
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
Thank you Dave for the analysis! Much appreciated.

I shared it on the Blocknet's thread.


P.S. @Cryptohunter you're welcome to rejoin the Blocknet thread if you'd like to.
Ano
sr. member
Activity: 1148
Merit: 253
I will appreciate the honest efforts of dzimbeck who made this coin after a long time of dead. Feeling awesome to be part this community we have the bright future ahead.
legendary
Activity: 2412
Merit: 1044
OP_IF 4 OP_CHECKLOCKTIMEVERIFY OP_DROP OP_DUP OP_HASH160 1482743eb5d9a986192273431c1d575537a29c5b OP_EQUALVERIFY OP_CHECKSIG OP_ELSE OP_DUP OP_HASH160 409434b90caf84e237ccaf1d517584dbaeb953b5 OP_EQUALVERIFY OP_CHECKSIGVERIFY OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL OP_ENDIF

Thats the part right there....

I edited my post above, I haven't like totally dissected the script but yeah at first glance looks good. The CLTV is there.

Its saying if the time is one way it goes to the one account if its the other way it goes to the other account. There is a hash in there to redeem
it most likely the hash of the secret that unlocks the TX.

But that online decoder is really messy... I would have to decode it elsewhere and look more closely at it when I wake up.

But yeah seems like its okay so far.

that is great news, without the centralised exchanges making the markets then better projects will have more chance of rising to the top Smiley


Well maybe just ask Dan for more insight into the script itself... that way you can break it down to other communities and better understand it. He maybe can simply show where its scripted in the code.

I doubt they will give away any hints to the secret sauce and besides I am banned from their thread for calling him and synchist a couple of wimps who ran from bct because they got some heat from scamp dash back in the xc days. I just think they should have stuck it out on this board.

I am in favour of their dex though. I mean the market making on the exchanges is terrible right now. We need a dex or several dx's right now.

Anyway back to bitbay discussions I see we are holding stable at our new M cap. This is great even though we deserve far more really Smiley just a matter of time. I like stacking like this anyway gives time to move out of other projects with profit to accumulate a few more bays. oF course would not complain if i wake up to 20k -50k sats one day.




But its no secret... here is part of the hex of the sys redemption TX hash

06918c0662e80bdfd18b6436d6d03c7dc4b2640d

which is in this script...
02ec6c520a16732221299d4e1086361178a6b8915c74b22628dc3243af03b214f7 3045022100c5be42d6eb9b23634c038217f07401a9928b9819cfeb96ddf2c003775032276702205 e53936e44b2c1f7e7fb9c1b58a7c42a8ac51485049cdce3ff49bd6ad7afa160[ALL] 03345a1703469b66af61c17c5db392a152d8199da7f6b97b4e0ece5bf75f9b0b37 0 6354b17576a914409434b90caf84e237ccaf1d517584dbaeb953b588ac6776a9141482743eb5d9a 986192273431c1d575537a29c5b88ada91406918c0662e80bdfd18b6436d6d03c7dc4b2640d8768

Which matches the hash of the first BITCOIN script i checked...
OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL

meaning... that the hash unlocked this transaction:
https://chainz.cryptoid.info/sys/tx.dws?175335.htm

So publishing the secret hash on Bitcoins chain unlocks Sys transaction because it used the same hash. Like I said, I'm not really going too deep into it but superficially it looks good.

I already know how to do AT but have no time to work on it as my workload is already crazy. So yeah excited to see where they go with this. Wish I bought more honestly... hopefully they get a really nice UI. There is a lot left for them to do but this looks like a good start.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
OP_IF 4 OP_CHECKLOCKTIMEVERIFY OP_DROP OP_DUP OP_HASH160 1482743eb5d9a986192273431c1d575537a29c5b OP_EQUALVERIFY OP_CHECKSIG OP_ELSE OP_DUP OP_HASH160 409434b90caf84e237ccaf1d517584dbaeb953b5 OP_EQUALVERIFY OP_CHECKSIGVERIFY OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL OP_ENDIF

Thats the part right there....

I edited my post above, I haven't like totally dissected the script but yeah at first glance looks good. The CLTV is there.

Its saying if the time is one way it goes to the one account if its the other way it goes to the other account. There is a hash in there to redeem
it most likely the hash of the secret that unlocks the TX.

But that online decoder is really messy... I would have to decode it elsewhere and look more closely at it when I wake up.

But yeah seems like its okay so far.

that is great news, without the centralised exchanges making the markets then better projects will have more chance of rising to the top Smiley


Well maybe just ask Dan for more insight into the script itself... that way you can break it down to other communities and better understand it. He maybe can simply show where its scripted in the code.

I doubt they will give away any hints to the secret sauce and besides I am banned from their thread for calling him and synchist a couple of wimps who ran from bct because they got some heat from scamp dash back in the xc days. I just think they should have stuck it out on this board.

I am in favour of their dex though. I mean the market making on the exchanges is terrible right now. We need a dex or several dx's right now.

Anyway back to bitbay discussions I see we are holding stable at our new M cap. This is great even though we deserve far more really Smiley just a matter of time. I like stacking like this anyway gives time to move out of other projects with profit to accumulate a few more bays. oF course would not complain if i wake up to 20k -50k sats one day.


legendary
Activity: 2412
Merit: 1044
OP_IF 4 OP_CHECKLOCKTIMEVERIFY OP_DROP OP_DUP OP_HASH160 1482743eb5d9a986192273431c1d575537a29c5b OP_EQUALVERIFY OP_CHECKSIG OP_ELSE OP_DUP OP_HASH160 409434b90caf84e237ccaf1d517584dbaeb953b5 OP_EQUALVERIFY OP_CHECKSIGVERIFY OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL OP_ENDIF

Thats the part right there....

I edited my post above, I haven't like totally dissected the script but yeah at first glance looks good. The CLTV is there.

Its saying if the time is one way it goes to the one account if its the other way it goes to the other account. There is a hash in there to redeem
it most likely the hash of the secret that unlocks the TX.

But that online decoder is really messy... I would have to decode it elsewhere and look more closely at it when I wake up.

But yeah seems like its okay so far.

that is great news, without the centralised exchanges making the markets then better projects will have more chance of rising to the top Smiley


Well maybe just ask Dan for more insight into the script itself... that way you can break it down to other communities and better understand it. He maybe can simply show where its scripted in the code.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
OP_IF 4 OP_CHECKLOCKTIMEVERIFY OP_DROP OP_DUP OP_HASH160 1482743eb5d9a986192273431c1d575537a29c5b OP_EQUALVERIFY OP_CHECKSIG OP_ELSE OP_DUP OP_HASH160 409434b90caf84e237ccaf1d517584dbaeb953b5 OP_EQUALVERIFY OP_CHECKSIGVERIFY OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL OP_ENDIF

Thats the part right there....

I edited my post above, I haven't like totally dissected the script but yeah at first glance looks good. The CLTV is there.

Its saying if the time is one way it goes to the one account if its the other way it goes to the other account. There is a hash in there to redeem
it most likely the hash of the secret that unlocks the TX.

But that online decoder is really messy... I would have to decode it elsewhere and look more closely at it when I wake up.

But yeah seems like its okay so far.

that is great news, without the centralised exchanges making the markets then better projects will have more chance of rising to the top Smiley
legendary
Activity: 2412
Merit: 1044
OP_IF 4 OP_CHECKLOCKTIMEVERIFY OP_DROP OP_DUP OP_HASH160 1482743eb5d9a986192273431c1d575537a29c5b OP_EQUALVERIFY OP_CHECKSIG OP_ELSE OP_DUP OP_HASH160 409434b90caf84e237ccaf1d517584dbaeb953b5 OP_EQUALVERIFY OP_CHECKSIGVERIFY OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL OP_ENDIF

Thats the part right there....

I edited my post above, I haven't like totally dissected the script but yeah at first glance looks good. The CLTV is there.

Its saying if the time is one way it goes to the one account if its the other way it goes to the other account. There is a hash in there to redeem
it most likely the hash of the secret that unlocks the TX which when published unlocks the TX on the other chain... I suppose if we want to get technical we should see if that hash is the same as the one used on that SYS transaction by decoding their transaction. But like the online decoder isn't really pretty but then again i just dumped the whole TX on it.

But that online decoder is really messy... I would have to decode it elsewhere and look more closely at it when I wake up.

But yeah seems like its okay so far.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
who here has tested blocknet?

I haven't followed what they have been doing lately. They had one attempted pump a year ago or so which fell flat on its face.

Unless the dev has learned proper crypto recently I wouldn't put much trust on anything he creates, given how silly his anonymization ideas were with the original XCurrency coin a few years back.

Them adding BitBay is more of a PR stunt trying to pump their coin using BitBay's name than anything.

,,



he was talking about blocknet i think not bay



Yea, got that, a little late!  Grin Grin


Smiley

Anyone heard from david is block is working and he has personally tested a bay to sys or btc ltc trade?

I am itching to test it if it works.

I've already asked them to let us test. Will let you know when we test. Perhaps I can ask for SYS txids of an actual atomic trade. That would show weather or not they are coding a real product.

So far just waiting to hear back from then and will update you when we confirm it works. Maybe some community members can partake in testing.
http://imgur.com/a/rautK


https://blockexplorer.com/address/32XgCkwi7jSaNXFN2ANVLPedW739YEvibx  (P2SH Address)


https://blockexplorer.com/address/1BvGk9ySEiDoC3YMYU8oENJ86R2NpCaDVc

syscoin2 tx info


https://chainz.cryptoid.info/sys/tx.dws?196309ce2ae28d15c893d6eb496b2e611ce4815288b48df81c12f42080d156de.htm


and claim tx


https://chainz.cryptoid.info/sys/tx.dws?175335.htm

Am I missing something? The script says p2sh but don't see CLTV in the script.

Ok lol man I need sleep... I wasn't looking at the right place. Yeah just to show everyone the actual script here...
https://blockchain.info/tx/467100964890804ef6fa919569d0dff86ad11706681c86b957806e668c470bec?format=hex

Thats the hex Bitcoin TXID from an online decoder, sort of messy but it shows it. They don't seem to be able to display it in a nice way.

{
   "result": {
      "asm": "0 0 -105 OP_CHECKLOCKTIMEVERIFY OP_MUL OP_UNKNOWN OP_1ADD de388e0aee98ff2a432463f1930ac20e5143288e71a48bf7ef8e00000000de2102ec6c520a16732 221299d4e1086361178a6b8915c74b226 dc3243af03b214f74730440220481207ff16757ce54eeb8674ae88406e0c738c350a1996ed90d87 e dc3cec3602204eacdcf4c23008adcafc0e193a8881396c3b81b8229b9c6ae4e1dc4ea46a9d60 33 22803 OP_2SWAP OP_CODESEPARATOR OP_RESERVED2 a51b08d43bbfad866d1c4d46b40b2413b8cf99f455db27713ec1004c4f OP_IF 4 OP_CHECKLOCKTIMEVERIFY OP_DROP OP_DUP OP_HASH160 1482743eb5d9a986192273431c1d575537a29c5b OP_EQUALVERIFY OP_CHECKSIG OP_ELSE OP_DUP OP_HASH160 409434b90caf84e237ccaf1d517584dbaeb953b5 OP_EQUALVERIFY OP_CHECKSIGVERIFY OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL OP_ENDIF OP_INVALIDOPCODE OP_INVALIDOPCODE OP_INVALIDOPCODE OP_INVALIDOPCODE 64 [error]",
      "type": "nonstandard",
      "p2sh": "3NMgXWLSAG5oJL4SmYK2PHKCVms5D5KKtm"
   },
   "error": null,
   "id": null
}

the depositing transaction was this one...
https://blockchain.info/tx/8eeff78ba4718e2843510ec20a93f16324432aff98ee0a8e38de388be895b1e9?format=hex



So verified they have a working dex 100%?
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