BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 22.

BitBayDoc

jr. member

Activity: 193

Merit: 3

Quote from: Piston Honda on March 31, 2020, 01:58:37 PM

lol i think you'll have to push any 'target' out from 2021 to....2025 lol sad.

@TinyPiston - You're sad, lol - and I'm a BitBay Multimillionaire again! Shocked

AHAHAHAHAHAAaaa!!!
And it's just gettin' started... Suck on that 'target' TinyP.

Thank You David Z & BAY Team! Grin

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Piston Honda on March 31, 2020, 01:58:37 PM

lol i think you'll have to push any 'target' out from 2021 to....2025 lol sad.

The price is up to 8 cents already due to the peg and if it wasn't for censorship and having to deal with scam exchanges making it hard to list we would be at the top of the charts and you know it. We live in an Idiocracy and you can choose to not be part of it. Admit it, you don't enjoy being a shill. Deep down you wish you were nicer.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

lol i think you'll have to push any 'target' out from 2021 to....2025 lol sad.

BitBaydev

member

Activity: 155

Merit: 11

https://bitbay.market

** Community Update **

The BitBay devs have now restarted work on the required updates to make the web wallet compatible with the new Dynamic Peg protocol.

And after the web wallet has been updated, we'll be releasing an update for the Android app, and then... building a new iPhone app for all our patient iOS users!

Roll Eyes

raisinbran

jr. member

Activity: 64

Merit: 2

In order to avoid confusion, would it be possible to rename BitBayWin.zip to BitBayWin_v23.zip and BitBaySetup.exe to BitBaySetup_v23.exe?

raisinbran

jr. member

Activity: 64

Merit: 2

I just renamed the BitBay directory to BitBayOld and did a clean install to BitBay.

tradersnow

jr. member

Activity: 90

Merit: 3

Quote from: raisinbran on March 31, 2020, 05:55:43 AM

I use the Markets Client. Can I just:
1. Save my keys
2. Do a complete uninstall
3. Download the latest version and do a virgin install?
I don't mind syncing from scratch.

That should do it, right?

Technically, you should be able to do that and get on the correct chain; however, it's recommended to use the bootstrap, as that will give your wallet another level of correct block verification.

If you do complete uninstall and sync from scratch, just double check to make sure that 1. your keys are backed up, and 2. that the bitbaydata folder has been fully removed.

raisinbran

jr. member

Activity: 64

Merit: 2

I use the Markets Client. Can I just:
1. Save my keys
2. Do a complete uninstall
3. Download the latest version and do a virgin install?
I don't mind syncing from scratch.

That should do it, right?

BitBayDoc

jr. member

Activity: 193

Merit: 3

OK, I will do mandatory update on my Markets Client that I stake on.
I used to hate doing this; very nerve wracking in the beginning, now its not so stressful.
Everything is so fast and "smooth". Nothing to be scared of.
Great instructions (see above), easy to follow.
...Resync-ing now after putting in bootstrap. Thanks!

tradersnow

jr. member

Activity: 90

Merit: 3

Quote from: BitBayDoc on March 30, 2020, 01:13:23 PM

@tradersnow - What if we are on the right chain and our market client is working beautifully.
Do we still need to update also? Thanks.

Hey Doc we recommend that everyone update to the latest version of QT even if they are already on the correct chain, so you don't end up experiencing this problem in the future. The new wallet contains some counter measures against chain split. So by updating you protect both yourself and the rest of the network.

BitBayDoc

jr. member

Activity: 193

Merit: 3

@tradersnow - What if we are on the right chain and our market client is working beautifully.
Do we still need to update also? Thanks.

tradersnow

jr. member

Activity: 90

Merit: 3

OFFICIAL UPDATE:
Thank you everyone for your patience this past week. Here are the step-by-step directions for updating the BitBay Markets Client and getting on the correct chain.

*** Please note: This is a mandatory update for all users. ***

You must use the combination of new wallet and bootstrap versions to be sure to get on the correct chain.

Here is the guide to completing the update for the BitBay Markets Client:
https://forum.bitbay.market/t/how-to-fix-the-chain-split-issue-on-market-client-mandatory-for-all-users/2318

Please follow each step carefully!
If you have any questions or need technical support, please let the team know in the Discord #support channel here:
https://discordapp.com/invite/jRkjCxf (edited)

Those of you that use Qt wallet please refer to the instructions we have previously posted:
https://forum.bitbay.market/t/how-to-fix-the-chain-split-issue-on-qt-wallet-mandatory-for-all-users/2317

BitBayDoc

jr. member

Activity: 193

Merit: 3

Bay Reserve is Quietly the largest gaining coin (percentage wise - 72.8%) on LAToken right now...

tradersnow

jr. member

Activity: 90

Merit: 3

Quote from: raisinbran on March 27, 2020, 04:28:54 PM

I use the market client. Will it have to be updated as well as the Qt? There don't SEEM to be problems.

Thanks a bunch for your work

The Markets Client is also being updated as well, and both will have checkpoints so this rare issue doesn't happen again. The update for the Markets Client will come a day or two after the QT Wallet update announcement, which will be posted here soon.

Thank you everyone for your patience.

raisinbran

jr. member

Activity: 64

Merit: 2

I use the market client. Will it have to be updated as well as the Qt? There don't SEEM to be problems.

Thanks a bunch for your work

dzimbeck

legendary

Activity: 2412

Merit: 1044

We have to tell all the block explorers to update they are on the wrong chain. Also we will push a new QT with a checkpoint and a patch.

BubbleButtBabe

newbie

Activity: 30

Merit: 0

Keep calm guys

This split if I understand correctly is a issue with all pos coins. The circumstance leading to this are very rare.
It could happen to any pos coin.
Be thankful we have a very competent dev team that can fix and upgrade for future prevention
Also that we are currently on only one exchange and no lasting damage.

Whale remove sell wall at 1000

Don't rush fix. Take long time to test please.

marecek666

member

Activity: 236

Merit: 12

sorry devs, but this is not very good :-/

qt wallet is not able to keep synced to the correct chain, deleted whole data folder and tried with bootstrap from your site (26MAR2020 version) synced fully but lost correct chain after that sync again. Generated several POS blocks which are not in the blockexplorers.
https://bay.tokenview.com/en/ - this is at block 2540431
https://chainz.cryptoid.info/bay/ - this one at 2538761
my wallet after new sync from bootstrap is at 2536470

And another, a lock of my coins in the wallet. I really want to know if I will be able to move my coins out of it after the 30 days and if there will be working BAY network again.

Going through the BAY website, blog, forum (Announcements category) and there is nothing about current situation. Your main website should be your first place to inform users that there is something wrong going on and currently it is not safe to send BAY coins because of multiple forks in the network.

hopenotlate

legendary

Activity: 3528

Merit: 1234

Top Crypto Casino

Quote from: tradersnow on March 26, 2020, 09:59:47 AM

** Important update **

The solution to split problem is finished and is now being tested by the team. As it involves syncing with/without bootstrap, we expect it to take the rest of the day. New update will come tomorrow.

What is this split problem? Guess it is something related to all those minig transactions flooding my qt wallet recently: may you please explain it a bit more?

tradersnow

jr. member

Activity: 90

Merit: 3

** Important update **

The solution to split problem is finished and is now being tested by the team. As it involves syncing with/without bootstrap, we expect it to take the rest of the day. New update will come tomorrow.

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