Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 27. (Read 542196 times)

The QT uses only one key. The markets client uses two. However the web wallet uses compressed key format and markets wallet uses uncompressed. So until the web wallet is fixed I think there is no other way to use the two keys. We might add compatibility to markets wallet if time allows. However we update the web wallet anyways.

i know, i have 2 private keys en is not working for me 

The web wallet is on a different fork, so simply sending coins from there to the QT Wallet will not work.


Here is a guide on how to import your web wallet private key into the latest version of the QT Wallet:
https://forum.bitbay.market/t/how-to-import-your-bitbay-web-wallet-private-key-into-the-bitbay-qt-wallet/2227

Dynamic Peg FAQ OF THE DAY: What is the voting algorithm, and how does it work?

Find the answer here:
https://forum.bitbay.market/t/what-is-the-voting-algorithm-and-how-does-it-work/2193

the webwallet from bitbay don't  work for the moment, the problem is my 2 private keys...

I understood you have your coins on a webwallet : so did I months ago.
What I meant is when I decided to switch to qt wallet  I :
- installed it on my pc
- waited for it to be synched to latest block
- sent a small bay amount from my web wallet to my qt one
- waited a couple of minutes to check it reached my qt wallet
- sent the remaining webwallet balance to my qt receiving address.

  no it is the webwallet...

any exchange in near future?

Can't you just install the QT wallet, wait for it to Synch and then send your Bay to your new QT wallet's address?
I follow above mentioned steps : just did a first test transaction of a couple of bay and when I was sure it worked I sent the rest.

Hey, i want to use the qt wallet, i have 2 private keys...from the multi sign webwallet. How can use the keys? I cant connect... Sad

Shame because their exchange was holding bay on coinmarketcap

I note Blocknet have on their roadmap that the coins listed on blocknet will be on coinmarket cap in 2and quarter 2020 which could be excellent news for many projects destroyed at the hands of centralized exchanges

Dynamic Peg FAQ OF THE DAY: What keeps users from voting to pump or dump the price overnight?

Read the answer here:
https://forum.bitbay.market/t/what-keeps-users-from-voting-to-pump-or-dump-the-price-overnight/2184

The JPL license is what asks coins to airdrop or pay BTC, but it's not guaranteed they would.

And yeah cryptobridge closed so it wouldn't have mattered. Also, their volume and liquidity was very low. Some days we were the top in volume on their exchange for
just a few grand. The key moving forward is to seek out liquidity and volume and exposure.

With nxt the clones must air drop 20% I think to holders of nxt

That is the same thing bay is going with right? So that is quite a huge lump for new dev teams to contend with that will hopefully put them off but if we obfuscate the code too then we should be okay

Regarding the crypto bridge kyc I expect they were compelled to do that. Did they refuse to employ the peg?

Really smaller exchanges should go for it for the volume it will generate for them once word gets out


Comment on this one if you like to bring awareness to bitbay
https://bitcointalksearch.org/topic/m.53832763

Also don't forget to list your reasons for believing Bitbay or any other of your favourite projects on there if you think they are credible  for 50x against bitcoin. I doubt many alts are to be fair.

I will ask all projects that really have a good chance at a 50x based on novel design and usecase
Looking for 10 ro 20 but Bitbay is clearly near the top. It should be top 25 at a minimum.

With is own bitcoin exchange built into the wallet a mandatory dev fund and voting and a few tweaks for assured  tx speed to handle higher traffic ( variable block size?) And web / phone markets that are fully synced and functional with the original marketplace would mean it has everything to be top 3 really

Sort  of Amazon Ebay futures markets insurance actually everything lol

Bittrex delisting handed some lucky people this under 50 sats

20? 20 you say??

A bit of an underestimate I think!!

https://www.youtube.com/watch?v=p4wM5KvUGEc

cryptobridge instituted a really strict kyc policy with no notice and then shut down a week later. Super shady...

I will double check that but I think they said that it was 136k

Obfuscate, license what we can to lock this baby down.

I also noticed that Blocknet said binance tried to get their code to copy
We will have 20 bitbays in a few months once people realize what you have created.

I guess it is unlikely any reputable teams will refuse to pay the % but license + obfuscation for the win.
That Harry Potter stuff has stumped a lot of copycats.

Regardless of the roi I am looking forward to the day Bitbay is serving up every item and service you could ever want. No middlemen no 3rd party escrow...just streamlined efficient trade. The potential is massive there is only the small matter of just getting to the critical mass to get the network effect going. Wonder what the tx this baby will take?

Great work can't wait to see how this goes. Did cryptobridge not go with the peg?

I wonder why bittrex removed bay? Did they say? Most of their new ones are junk and will be dead in 6 months.

The JPL license will be helpful and although it won't prevent cloning, it would help in some cases to generate income from projects who are willing to pay the up front fee. Obfuscation of the variables helps for now. Nobody has complained about it and when someone wants the source I give it to them anyways. For the peg people might ask, I was considering releasing partial source and then leaving out important parts so it can be partially audited but not cloned. Either that or do some obfuscation there as well.

Wait you are saying Blocknet had 136K USD in volume?! In one day?

I would  have preferred obfuscation then rely on license in 5 years or even 10 but I guess there is a reason we are going this route.
The key is just getting awareness out there now
Commenting on my thread in the alt discussion board is a good start but so much more can be done on this forum alone. Just attracting 100 new serious investors and community  members would make a huge difference

The entire community needs to pull together organize and start showing people what Bitbay can do.
The development pot can be put to very good use
I have mine on donate I hope everyone else is doing the same. I think a vote to make it default and mandatory for 2% of stakes and aliderbvoluntary for higher amounts could  be an idea if we come up with some productive and inventive ways for putting those coins to use. It is important to build the demand out as we use the coins.

Micro jobs are the way to go. Get a following of people earning Bitbay from.promoting or even building useful features on top of Bitbayvia the api

Blocknet need to be listed with coin market cap as an exchange I don't know what the hold up is they did 136k yesterday  apparently.

Also the I wonder if it would be possible for the dev pot to have a sum put into an auto trader Bitbay account where people can purchase Bitbay directly from the wallet with bitcoin which self replenished itself from the market. That should be easy to set up right?

Or even if you can work out any way for btc/bay automated exchange in Bitbay wallet would be a huge advantage. Total self reliance.

If the dev team does NOT obfuscate the code for at least 24 months then they are definitely asleep at the wheel!! 

Don't imagine that some poxy licence is going to protect Mr Zimbeck's creation from being exploited by someone, somewhere.   Just try to enforce licencing conditions against an anonymous corporation in some Central Asian backwater.  Best of luck with that!