Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 254. (Read 542115 times)

That's kind of what I was hoping for. I didn't know you had other features? We should triage and come up with a list of things that are comparable.

I could, but I don't really see the point. I'd just end up adding a few more of our features to balance it. I mostly made that as a comment to the way you guys have tried to define what is relevant and what is positive.
I have a better idea. Why don't we make a comparison together? Without the cheap tricks we both have been using. Both projects are solid, and we can all be proud of what we have built. Let everyone see clearly what strenghts and weaknesses there are in our different approaches.

good work Munti,Bay will shake the decentralised market.
D Zimbeck is a great coder the world will grasp this soon.
Regards

Syscoin has whitelisting reselling and wholesaling 3 features Bay doesn't have.

Sys supports native btc addresses on chain.

Sys can roll fwd any improvements in btc core.. I dunno if Bay does that?

Sys in 2.1 will have 3 level moderation a safe search a ban allowing only direct purchases and a straight ban.

Sys blockmarket will be able to have people login to a hosted website and use the marketplace with their private keys stored in Javascript.

Sys payment gateways and ecommercr plugins will allow bidirectional gateways to common shopping carts and online systems such as PrestaShop eBay open cart and more.

Can you update the chart and add these for sys? Thanks!

I thought you guys might want to see a list of features in Bay.
Never mind the comparing with sys. I made that as a response to them in this thread: https://bitcointalksearch.org/topic/syscoin-vs-bitbay-1456464

I will open source when the time is right. Obviously, that time should be after we get to see the market react to a completed project, and we have lots of time to market it and everything.

Also the comment about "web interface". I agree. However, I really think the UI is very good. Especially compared to what it was 2 years ago.

However, it makes me wonder if a browser version is possible. It might be with an api, perhaps eventually could look into a web developer to make a web front end that communicates to the api? Its a lot of work to do something like that. Maybe a mobile app would be more important in that case. It would be nice to have some VC before attempting something like that.

I hope that we will not  (anytime soon) open source the code nor open it for peer review. To be fair I would trust nobody in this environment. If you spend 2+ years of your life writing code every day just to have someone else press copy and paste at this stage of the crypto game then it is pointless supporting coins with huge time scales on development.

Like darkcoin did ....maybe release parts of it after we are several updates (ie years) ahead.

There is simply no moral  code in this arena.

The people you see there demanding  open source regarding your given project are the opens that will be the first to click copy and paste.

Agreed. These things are invaluable, especially if you're already trying to take customers out of their comfort zone with new technology.

I think Bitbay miss one important thing: beautiful and friendly user interface. People got used to web design with good looking font styles, clear presentation, big pictures, shopping cart and wishlist buttons and so on.
Can it be done in BitBay? Maybe the option to open in browser, like NXT, NEM?

I guess I'm hoping to not have to repeat this for the next year. It says it in our documentation, in articles, in forums, on slack all about the advantages here. You know this has all been discussed at length. We know its true. The only thing lacking is more articles, more users more marketing etc.

As you know I support other developers in their quest, its hard work!!

With that said, I don't think I've been shy to say that double deposit escrow is a absolutely superior technology in every way shape and form!!

Not to mention, this software is 50k lines of totally original code and 2 years in the making.

There is also many more features like automated joint accounts, live translations, templates, price tracking bots, live price feeds, counter-offer systems, accounting, change management systems, p2m, imap and bitmessage, steganography, advanced sending, reputation system, etc. Dude the list is so long I probably forgot most of the things it does under the hood.

The contracts aren't blockchain based so it doesn't add to the stress on the payment protocol. People need to remember that Bitcoin is a payment protocol FIRST not second!

So it is in my opinion a horrible idea to conflate. Adding things to the blockchain that belong as separate protocols especially since contracts can and should be done peer to peer. Why force the whole blockchain to know you are selling your 1950s coin collection?! They don't care and it doesnt effect the outcome of the payment in the slightest.

Do we really need to notarize everything? No! We notarize houses, yachts, stocks, things of great value.

Now I'm not entirely sure about the full details of sys and its blockchain, I know they use links to images so thats good. But still links should not be on a blockchain either.

However I hope the increasing of 6a is a temporary solution and that there is a long term plan to not make the markets blockchain based. I see this as a "convenient place to communicate". But just because its convenient doesn't mean its the correct way to do things. We discussed bloat recently, it was interesting to hear some of his methods of attempting to tackle the issue.

The thing of it is, Bitcoin already has a bloat problem... which has yet to be solved.

Bitcoin is a payment system, a bank. Its not a place to store everything.

My software was around before Etherium was even announced!! That shows you how long I've been working on this. It is completely unfair to compare seasoned software with new software.

I think the media has totally censored Halo in Lieu of Etherium which has been so much hype. They are a money vacuum, sucking up funds and resources. The media puts all their eggs in one basket forgetting that there is other ways to manage a blockchain. Blockchains arent powered by unicorns and rainbows... Etherium has scaling issues that go complete ignored. They may solve it, but even if they do, double deposit will always have scope well beyond "decentralized markets". It permeates all agreement and in my opinion deserves much more attention.

You can do double deposit on any coin, this software was designed to accommodate that without lock times.

Of course the media may end up censoring Halo anyways because it cuts out middle men. And they are the middle men.


By the way, I realize that entertaining "comparisons" of protocols is just asking for a debate. I'm not interested in criticizing other projects including Ethereum. They probably do great things there.
The reason we have the tech we do in Bitbay is because I believe its the best way. And of course its still the only smart contracting software in the world. Can you name another smart contracting software?

Anyways, all these coins especially Sys, have my full respect. Even Eth. Their work is hard... people seem to be thinking this is a competition. I'm not here competing with other coins. I'm just making the tech that I know in my heart is the best. I've never seen this as a competition, but a tech breeding ground. We can't force people to use it, but if we market it hard enough they will use it.

You should also remember I came to this party for double deposit. Thats why I got into crypto. That hasn't changed. Of course double deposit is the best way to do things. How many people have stopped to think about how backwards the legal system really is? We are literally living in a giant asylum. Double deposit could change that, bring people back to the hand shake deal.

This software BitHalo BlackHalo BitBay should have been on the damn cover of Forbes! It should be in Times magazine. But you have to realize the media is the gatekeepers and technology that seeks to eliminate middle men won't necessarily get the warmest reception.

Regardless, Bitbay increases your profit margins since you pay no fees to escrow. So the only thing lacking is media attention. And i think its naive to base faith in the technology of something just because it pumps or not.

Does Dogecoin have better technology than Bitbay? Just sayin...

I'd rather they added bitbay than either of the other two mentioned

Also David can I ask are you 100% confident that Bitbay is going about things in a better way than syscoin?? I mean from what little I can understand it certainly seems Bitbay is going to scale better and not require 10000tb hard drives to hold the blockchain etc.

I keep seeing sys vs bitbay debates. There is one running on the main forum now. As yet the sys devs have not shown up but I'm sure they will given time. I guess no need to up the anti yet but there is only so long bitbay can remain passive in the face of copycats claiming superiority especially if that is not justified. I like both projects but really if bitbay is clearly superior this should become common knowledge to people at some point.

Yeah interesting... they seem to be hype magnets. However, the media should really not put all their faith in one protocol. They are sidelining Bitcoin in some ways, consider that Bitcoin can do smart contracts using BitHalo as well. Etherium is not tested as secure yet.

Gemini now supports ether trading!
This is great news for altcoins - especially programmable smart contract altcoins!

Through much consideration we have decided to wait with the official public release of the new client once all 3 operating systems are ready for launch and the Buy/Sell template is completed. For now, this update will include a final version of the Windows client and beta version for the Mac and Linux clients. For official downloads of the new client, please visit our website, Bitbay.Market or in the OP of this thread. You can also build the bitbay deamon yourself by going to our new github source: https://github.com/dzimbeck/BitBay Note: That is the deamon only, not the whole client.

We are asking help from the community with testing out the new OS beta versions. Bug bounties will be provided and David will greatly appreciate the effort. Please post any bugs found either on BCT or our Slack “Client” channel to claim your bounty. To further entice volunteers we will provide treasure hunts that will require using the clients many features to find and unlock hidden faucets on the marketplace. David’s been working hard at creating a client compatible with Mac 32 and 62 builds. The Linux 32 and 64 builds have been working like a charm in testing. We have been trying our best to find any bugs in the windows version - so far we’ve only found some minor issues that have been easy to fix (posted on our Slack “Client” channel), thus we feel very comfortable to announce a final version of the Windows client at this time. We will post our first treasure hunt on both BCT and Slack after the release of the new versions. So stick around… many exciting things to come with BitBay.

Feel free to join us on slack:
http://bitbay.market/wp-login.php?action=slack-invitation

Take your time before marketing but also take your time with marketing. An official blog post (last was more than 6 months ago), newsletter, reddit and other social media channels marketing would be nice, and getting in touch with some crypto news sites to run the release details.

Yes no need to rush let's get everything ready for a very smooth and successful release. No point marketing hard things that are not ready for new people to the scene to understand and get to use without confusing them and putting them off.

Perhaps even a move to pos3 first too. Rather wait a week or two more and feel and feel those coming to bitbay are getting the best user experience we can give them right now.

Thanks for everything David

Hey everyone! So I wanted to let you all know we did meet the deadline of the 30th for all 3 builds. However, the guys at slack felt that it was last minute for big marketing push so we are changing our
approach to coding deadlines vs marketing deadlines. This build does not have the next template but it does have major performance updates and the 3 platforms we so badly needed.

I'm extremely happy with these builds. Now we will work on almost all mac and linux. And with any exceptions I have building source we can link to with automated building scripts!

Finally I'm extremely relieved to be able to get back on those platforms after a delay of at least 6 months. Since we got the builds last minute around the 1st of the month, we should have links up shortly.

I will definitely want Mac and Linux testers, there will be a small push for testers in blackcoin and bitcoin as well to speed this up. (waiting for their site to be updated as well)
So now, github is updated, ive got 5 building environments set up at home with lots of scripts and automation... still need to automate my builds a bit more but its getting very nice. Plus we have dominated every
bug on the list. Special thanks to the members who helped me test. Thank you so much.

Future deadlines will decouple my coding deadline with the marketing deadline so we always get builds with 2 weeks lead time to market them. With build in hand. But I will always set separate coding deadlines. This one month deadline proved to be accurate give or take a few days.

I'm going to wait for the core slack team to update the links and post their announcements and feedback on this. So just keep posted for that in the next day or two.

Yea that's on my list of things to do. Learn the advanced sending tab features.

So many features!
There's nothing out there that even comes close to comparing to all the options you are providing us!