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

DIGITAL-DEMON

newbie

Activity: 29

Merit: 0

Quote from: shaydinblue on April 01, 2020, 10:21:22 AM

if your wallet is syncing, it's working. It takes about 4 hours even with the bootstrap. The blocks are being pulled from the bootstrap file instead from peers and uses that info to build the new files that you see. You'll be good when your wallet syncs. You might need to restart your wallet to see your frozen balances in the correct spot if you voluntarily froze any coins.

Thanks for the response buddy!! Wink

shaydinblue

jr. member

Activity: 48

Merit: 1

if your wallet is syncing, it's working. It takes about 4 hours even with the bootstrap. The blocks are being pulled from the bootstrap file instead from peers and uses that info to build the new files that you see. You'll be good when your wallet syncs. You might need to restart your wallet to see your frozen balances in the correct spot if you voluntarily froze any coins.

DIGITAL-DEMON

newbie

Activity: 29

Merit: 0

Just downloaded new QT and bootstrap. I am using Windows 10, 64bit.

Inserted bootstrap.dat into Appdata/Roaming/Bitbay, alongside wallet.dat.
Launched QT.

Bootstrap is being ignored. Whole new set of files are created instead, and QT is syncing from scratch.

Any ideas?

BitBaydev

member

Activity: 155

Merit: 11

https://bitbay.market

Want to see what BitBay’s Dynamic Peg looks like under the microscope?

Here’s an example of how “BAYtoshis” are organised into indexed columns instead of a disorganised pile of satoshis like #Bitcoin!

Why do we do it this way? Find out more tomorrow ...

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: 2414

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: 2414

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.

Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 22. (Read 542306 times)