Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 193. (Read 542140 times)

"Bay is the way!"

Another totally excellent feature.

You're welcome. Feel free to try out the markets with us and join our slack. There is a lot of people who will be happy to do a contract with you. Like we said a lot of the contracts were removed so our core sellers could clear their emails for the speed boost awaiting the 22nd update. You can wait until then if you like.

Many thanks for the excellent replies, much appreciated.  Have bought some bitbay and plan to hold for some time. 

BitBay Release 1.26 Feature Focus – Anti-Keylogger


If you are unfamiliar with keyloggers, this form of spyware is one way hackers use to discover your passwords. By hiding a small program deep inside your system’s folders, a keylogger records each letter or number pressed on your keyboard. The keyloggers store this information in files to be retrieved later by the person who placed it there.

The BitBay Anti-Keylogger brings up an onscreen keyboard and a timer lasting approximately one second. When you hover over a letter with your mouse pointer the timer starts. If you move to another letter the timer starts over. If you stay on the letter you want entered, the timer completes and the letter is entered into the passphrase field. Users will want to be sure to remember to use the Shift key first for capital letters.

As you can imagine, while this feature eliminates concerns you may have about keyloggers stealing your private information, it also slows down how quickly you can enter your passwords. This issue is less of a concern when you realize you are still able to type in the passphrase field as well. This means if you have a long code consisting of many words like I do, you can type in the majority of it using the keyboard, and use the Anti-Keylogger to obscure just some of the letters. If this is your long term vault for the majority of your BAY, you may want to only use the Anti-Keylogger, but if it is the account you use regularly to access the BitBay Marketplace you might choose to use it for just a portion of your passphrase. The choice of how much you use this new feature is yours.

In a world where even our own governments are caught attempting to monitor everything we do online, the Anti-Keylogger is just one more way BitBay is looking out for your security. I don’t know of any other cryptocurrency out there with as many built in features to assure your coins are never stolen.

Please join us at BitBay Slack (http://bitbay.market/wp-login.php?action=slack-invitation) for access to the core team and the very latest updates.

BitBay Marketplace Site - http://bitbay.market

Yes it has been discussed. There are several resons we don't allow darknet items. The most important one is that neither David nor the team is willing to be involved in illegal activities in any way. Another reason is that the legal market is so much bigger than the illegal one, that it doesn't make sense to focus on darknet. Some vanilla items might be ok per se, but having them listed in the same market that sells anything from electronics to baby cloths is not. It is however possible to use private markets for that. There have been several posts relevant to this question starting here: https://bitcointalksearch.org/topic/m.17782226



We don't have a big marketing budget, but we do have some money for it. More importantly, we have some very skilled people on the team that work for free or symbolic pay. Lately we have also seen several community members helping out.
2017 is the first year we have started marketing, and we have already done a bit.
-We had a big buzzword campaign.
-Twitter and facebook are active again.
-Blog on bitbay.market has new articles all the time.
-Several articles written for/by other outlets (4 or 5 this far in 2017 I think. Last two are mentioned on previous page in this thread)
-Radio interview with David

More is in the pipeline...




You can actually do that already with custom contracts. But I assume you are talking about the templates that will make it a lot more user friendly. We never give ETA's, but now that important improvements and features are mostly done, David will focus on the templates.  



Because most of those that have been active in posting contracts are now busy testing the new release. Also David recently posted this in our slack:

"Please everyone who does a lot of contracts... do me a favor and in the email you use for contracts please do the following:
IF you are not involved in any active contracts, please clear all your orders
Then please go into the email you use for contracts and delete all emails that have the subject line as "Halo"
So everything should be clear unless you are negotiations in a contract then finish it and do this step
The reason is because I'm trying to increase performance of emails and for old unencrypted emails the inbox will simply bloat"

The marketplace will fill up again once the new release is out. But there is only so much the team can do. The community has to help get this going by posting contracts, so lets hope many in here will do that.

I discussed this with Meta recently. A mobile version of Halo would require a rewrite of Halo completely and thus millions of dollars. I would probably have to at least project manage that or spec out a lot of the ideas and give the sections of source code needed and the solutions to the non-trivial problems of a cellphone app. With that said, someone can find an investor who wants to buy rights to a mobile app... they just need to realize I'm not going to be in a golden cage. I can help show them what needs to be done and can negotiate how they can make a good return off the app purchases and other things but it will be up to them to push it or we would need to find a manager who is willing to throw a few years of his life into it. And I think the money needed for that would be in the multi-millions. It could net a tremendous amount of profit though... so it's always something to keep in the back of our minds. Meta was under the opinion that it would be the catalyst to take BitBay to the top 5.

Okay so there is so much to mention here...

First off the reason why it's not Darknet is because I'm not anonymous and I'm trying to reach a wider audience. With that said, this is probably the perfect "Darknet" market... its what Shadowcash is attempting and we've been done with it over a year with much more features especially hard core security ones to boot. Their markets don't even exist yet and they got the idea of double deposit from Halo. I even remember when VeritasBS tried to reverse engineer my code because I refused to work on his coin. There was a funny dispute on reddit about that years ago. The only thing BitBay doesn't have is anonymous transactions like Monero. Bitmessage is completely anonymous though and I've discussed with a security expert and he thinks Bitmessage might be more anonymous than Tor (due to control of exit nodes attack on Tor).

The power of double deposit escrow and pegging are a million times more powerful than some small dark market in the corner of the internet. This is tech that can truly change the world for the better. I've fallen in love with double deposit ever since I had the idea 4 years ago.

The news already did an article on my markets and I think this article explains it best:
https://motherboard.vice.com/en_us/article/this-decentralized-bitcoin-market-is-for-legal-stuff-only

I'm a freedom lover and want to free people. But this means freeing people who don't realize they need to be freed. Average everyday consumers, the ones whose souls need it the most. Double deposit escrow is the PERFECT tool to eliminate deception from society. 2 party trustless double deposit escrow is why I've worked 4 years straight in Bitcoin as a dev on Halo.

So I will then ask you, don't you see the value in the unbreakable contracts?

You claim that Ebay and Amazon are so much better, but have you considered the sellers can send you an empty box and complain and reverse paypal payments? And what about Freelancer and Elance? Are you aware they can lie about their credentials and pad their hours and do poor work? And what about the fees middle men collect? And there is tons of other kinds of contracts. Everything in society is based on agreement. We have solved agreement which is a major piece of the puzzle. And the rolling peg is the beginning of the solution to the economy aspect (supply/demand).

Sure you can find more items on Ebay and Amazon but we have already discussed reselling E-bay items on the Bitbay markets by forwarding shipping. Middle men must be eliminated from society once and for all it is a bad foundation for any contract. The only people who should be judge, jury and executioner of a contract are the two parties themselves. Any addition of a third party destroys the truth and freedom of the deal. If the root of the tree is bad, the leaves perish. We are planting a NEW TREE. This tree is designed to be healthy and bear fruit. Do you really think this coin won't be huge in the future? Look at what it does.

Deception is not possible in BitBay. The deposits are placed by both sides so they MUST be honest or lose their deposits! How can I limit this important concept to a small subsection of the internet?

Just so you know, we have the moderation key but Bitmessage is practically a decentralized internet... so we can't know about every market that exists there. We moderate the ones we know about.

I'm aware I'm not liable for the "internet" and cannot possibly prevent how people use the software nor do I want to nor am I legally obligated to(I'm just an open source dev). But still we are looking to reach a much bigger audience.

I've done a big initiative to market recently and it was a big distraction from work. We have published tons of articles over the past month including a paid PR campaign. But that means I'm editing interviews, articles and managing community and it is as you say impossible to do that and code. Happily, the slack and bitcoin talk group is probably one of the best and tight knit in all of crypto. These guys are there to test and constantly give enthusiasm to the project.

As for the synchronization that can eventually be solved by having the client look up the balance on chainz. But for now it downloads the blockchain. With that said BitHalo does not download the chain and uses the method i just described.

The Cash for Coins templates work. The rest of the templates are coming very soon. For now you can still hire people using the custom template.

As for orders there was always about 10 or so on the markets you have to wait for the markets to sync it can take hours. Also i think most of the orders are pulled waiting for the updated build on the 22nd.

And I don't think you were being negative, those are very cutting edge questions that need to be asked.

Hi Just wondering what the reason is that no darknet items aren't allowed on bitbay?  I'm not saying I'm in favour of all of them by any stretch but thought the more vanilla items could potentially be ok?  Has this discussion been had?

Also if there is only 1 (great) developer and no marketing budget how will word spread?  Marketing is clearly an issue at the moment.

Also how long before the other smart contract options are available, like "find a job" or "hire someone"? They look useful.


Thanks.

David is snowed under with the work we have now I know. However porting to a mobile version ....is this possible by a 3rd party without giving them the source? I mean is this something we could group fund for another coder to do whilst david is doing the peg etc?

So like the android/ios version just connects to the main net of bay? on top of it without that coder needing source access?

Be good if we had a bot in bay to confirm ebay identity through some kind of ebay action we read that only the account holder can do or provide. This could be private from the outside but bay software knows and gives them a rating based on that or could be an open reference for users on the market place/

You as a seller can set a custom deposit close to zero but still if they don't hold Bay you are forced to take some risk. You can do kyc.

but for those new to bay coming to get some bay for the first time I would  rather not do a guarantor one. Better to let the buy take the risk and I'll rely on my rep as a great seller on the marketplace to encourage them to go first.

This is the one...https://youtu.be/aL2e8FniDWg

They are excellent and I have seen quite a few which were very very good.

I haven't seen the one for setting up the cash for bay one.

What about our training videos?

https://youtu.be/HrXUZRGd1hE?list=PLILfNPSQCo6yjFiwXY6-C-ikIDs6v2nHU

I think we should make a guide for this specifically for those new to bay from outside crypto.

If we are thinking of getting bay to a wider audience we should be garnering support from those outside of this sphere as much as possible.

Nearly got a reasonable btc whale interested in bay but turned me down for another project. I think he is making the wrong choice but whales do what they want I guess.

Excellent article! Nice work David, you have positioned BitBay to be the future while Bitcoin is destined to be the past. We are ready!

You can buy BAY with cash on the markets themselves using unbreakable contracts and DDE. Its much safer because there are no chargebacks and the seller must release bay because of double deposit and two-party escrow.

I like them, and I think it might be worth considering further down the line. But atm it's people that are already into crypto that buy Bay, and they have bitcoin and can buy cheaper on exchanges.