Hello people! BlackHalo and BitBay one project?what they are different?
Right now Blackhalo and BitBay are identical. The big difference will be the rolling peg. Only BitBay will get that.
Also, the development is done here in bitbay. Blackcoin community is not very active on Blackhalo. This will result in more differences. There is already a community driven project that will be included in BitBay but not Blackhalo.
I thought blackhalo was an older version?
Are you saying blackhalo benefits from bitbays updates exactly as bitbay does?
So blackcoin has right now access to all the features bitbay has??
We here is a few things to understand first. When I started, it was in BitHalo. I needed a protocol that was cross-platform. Double deposit escrow was designed to liberate a lot of people and industries. It had to be cross-platform.
At the time, I was the only person in the world coding actual real world implementations, specifically software implementations that was NOT an altcoin. In fact, this is why it was so hard to get me to do a coin in the first place as I didn't ever intend to be a pumper or a fundraiser. My implementation into Blackcoin was for speed, POS which was better than POW and the multipool interested me. I hold like 300k Black which isn't much. Obviously I'm way more invested here not only in money but in time. 2 years exclusively marketing BitBay.
Now consider that BitHalo being the media darling has a good reason to be branded as it is the only software in the world to do contracts on the Bitcoin blockchain. However its slow. Nobody wants to wait a day for confirmations.
Also, I had to make a solution in Bitcoin because the crazy Bitcoin foundation can't even frikkin agree on blocksize.
So enter BitBay, I was put in a project and have definitely found myself taking it over and have full control over the github. This is a very big deal. I can't change Blackcoin Github and to be honest, when I discussed the BlackHalo software... I was crudely told I was coding "in an echo chamber". Its been fairly hard to make progress there. But I don't want to pull support for them either and so why wouldn't I not fix bugs for the software itself? A lot of my updates this year were performance updates.
Every single piece of marketing, branding, time, energy, community, etc is done HERE. This is where I get the support and testing. I've asked Blackcoin to help test and nobody has done so and has been apathetic to the idea... perhaps they are exhausted from the price drop or the lack of branding. There are a few loyal members left and then there is Gritt and Janko who are still very active and doing colored coins implementations and other things.
Regardless, we have an extremely strong brand and one of the best tight knit communities I've been a part of.
You might think my answer is indirect. Yes up until this point they have gotten all of our improvements and that is because rat4 added the custom staking command that is completely essential for BitBay. Without those simple API commands, I would not be able to vote, cold stake, or spend from any p2sh or multisig and this includes frozen coins. So I am completely obligated to at least give them staking.
Beyond that though. I was just involved in a discussion with Sirlose/Munti and he raised a very good point. The community has been a gem for me, some of the core community have sort of been guardian angels. The amount of hours Sirlose and Craig put into this weekly is a lot. Without it, I wouldn't have gotten this far.
So we will discuss which features to release from this point forward for BlackHalo and when. I can assure you BitBay gets the Lion-share, the community is overpowered and does a ton of work and BitBay as a brand is more conducive to markets. BitBay as in E-Bay brands better for markets on its own virtue and it has been used a lot. Almost nobody uses BitHalos markets. So I don't even check them and consider I have almost completely stopped marketing BitHalo altogether my most recent PR moves have all been BitBay exclusively (with only brief mention of BitHalo when the reverse used to be true).
The major different up until this point has been decentralized pegging. This feature is not to be underestimated. It's my ace in the hole. It is a feature I consider potentially just as powerful than double deposit. It changes the entire crypto industry when you have a currency that can protect its own value and roll in any direction without using centralized forces or trading tricks. It even opens the doors to decentralized backing.
I can't implement that into BLK because I don't control their github and they don't seem to have an interest in it anyways.
As for the templates, I personally think there is no reason not to release them as otherwise the software is only limited to custom templates. But then again, they don't use the markets, most of the community didn't bother to help test them etc.
So Sirlose and I will meet with some of the other core to discuss what BlackHalo gets (and when more crucially) from this point moving forward. And how to release features in BitHalo that are cross platform. It's funny Blackcoin wasn't my coin to begin with, I was just a community member so everything they got was for free. So it is possible to do a delayed release for certain BlackHalo features or not release newly developed features such as anti-keylogger and other bonus features that are not being supported by the community itself.
Decentralized pegging opens the doors for bonds, credit swaps, decentralized backing, different types of liquidity sub-premium and premium classes of money and just redefines crypto assets in general.
We will discuss it and let you know how things beyond pegging apply. But I can assure you. Pegging is extremely powerful. You can't have decentralized markets without price stability. We can't even survive as a currency if we can't grow in price and we don't want to manipulate price so we need technology to eliminate the market maker!! To be honest, it blows my mind that there isn't millions flowing through BitBay as we speak. But there is some sense in future templates and features going here so let me discuss that with core and get back to you with how we handle releases now that the promise of Cold Staking was honored. NightTrader is a different subject completely and since I've had to abandon the microtrading protocol the only other way is atomic trade but again i run into the problem of it being a cross platform solution. Thats why the design of that is on hold.
