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Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 341. (Read 542225 times)

legendary
Activity: 2414
Merit: 1044



First round of tests in Halo worked flawlessly with markets. Moderator account works, Counter-Offer and bidding system is fully functional. Currently only templates available are custom. Reputation system is in its early stages but working. Points are awarded for good behavior and flagged orders cause lower rating.

Will now open testing for core community members on slack and any other volunteers. May wait until templates are fully finished to do full release. So we can test in the meantime. Still need more nodes connected.

Fully decentralized markets now working!

Is this a world first again?
member
Activity: 100
Merit: 10
total coin ~ 1B, quite a lot

Not when you consider pegging and therefore creating reserve.


The coin is also going to be used as a market currency so a lot of coins will be needed with a bit of luck i mean if it gets big then that supply will be perfect imo

Agreed. Anyone create a fraction name yet??

How about a contest for the best named fraction?

edit: Now that I'm thinking of it, trying to match a little bitbay name is hard!

"Bittle"?
"Zimbayski"?
"Bayo's"

A little help here! Grin

I'll join you in this

What by the bay? "waves".

"Wave"
"Splash's"
"Clashes"
hero member
Activity: 732
Merit: 500
total coin ~ 1B, quite a lot

Not when you consider pegging and therefore creating reserve.


The coin is also going to be used as a market currency so a lot of coins will be needed with a bit of luck i mean if it gets big then that supply will be perfect imo

Agreed. Anyone create a fraction name yet??

How about a contest for the best named fraction?

edit: Now that I'm thinking of it, trying to match a little bitbay name is hard!

"Bittle"?
"Zimbayski"?
"Bayo's"

A little help here! Grin
hero member
Activity: 661
Merit: 504
Bittrex's Bay withdrawal process is slow as molasses. Anyone else experiencing this?

Yes. Several people have the same problem. It's a Bittrex thing. Sending to each other is no problem
full member
Activity: 168
Merit: 100
total coin ~ 1B, quite a lot

Not when you consider pegging and therefore creating reserve.


The coin is also going to be used as a market currency so a lot of coins will be needed with a bit of luck i mean if it gets big then that supply will be perfect imo
hero member
Activity: 732
Merit: 500
Bittrex's Bay withdrawal process is slow as molasses. Anyone else experiencing this?
hero member
Activity: 732
Merit: 500
total coin ~ 1B, quite a lot

Not when you consider pegging and therefore creating reserve.
hero member
Activity: 560
Merit: 500
i cant find specs. for this coin
total coin ~ 1B, quite a lot

Specs are on the OP, written in big letters  Wink

But to make life easy here it is:

"
Coin Specs
- POS 2.0
- Block time: 64 seconds
- Nominal stake interest: 1% annually - Min transaction fee: 0.0001 Bay
- Confirmations: 10, maturity: 50
- Min stake age: 8 hours, no max age - Total: 1 Billion
- Ticker: BAY
"
hero member
Activity: 628
Merit: 500
i cant find specs. for this coin
total coin ~ 1B, quite a lot
legendary
Activity: 1288
Merit: 1000

Holy sh*t!
Thats great news!!
Especially the Bay - US dollar pairing!!



Really good news.

Good things ahead for BAY Smiley
hero member
Activity: 732
Merit: 500
legendary
Activity: 1498
Merit: 1001
CryptoCurrency EXchange: https://c-cex.com
full member
Activity: 182
Merit: 100
So here is my current roadmap:

- Mac/Linux: COMPLETE but I'm waiting to release markets with these. We want to do some tests with volunteers to make sure it runs smooth on all systems
- Marketplace for BitBay and Halo: This is already working.
- Templates and counter-offer system, new ui for escrows, etc: This is what is being worked on now

We should test for at least a week privately in the community before official release.

Then I'm going to have to make a decision once that is complete.

NightTrader or Pegging will be after this.

The developement time for either of these paths are as follows... NT gives us an exchange platform to trade Bay especially off market sale of BitBay reserve using time locks.

NightTrader microtrading template: 2-4 weeks
Pegging: 4-6 weeks
Cold Staking: 2 weeks

Awesome. Thanks for this update David.

legendary
Activity: 2414
Merit: 1044
David, has there been any update/changes to the roadmap on the OP, or are we still keeping the priorities as:

- Smart Contracts
- Advanced Smart Contracts: Machine to Machine advanced contract fulfillment (IOT: Internet of Things)
- Multi-Sig
- Joint Accounts
- Muti-Coin Wallet Features
- Decentralized marketplace (A new approach different from OpenBazaar)
- Convert BitBay into a hedging coin (price will be pegged to US$)
- Windows, Mac, Linux, and Mobile Staking Wallets (Android, iPhone, Windows) - In-wallet resources (Chat, Block Explorer, Gaming, Community).

Thanks.


Smart contracts, multisig, joint accounts and multicoin was working in BitHalo for over a year thats not a new feature. I didnt write the OP. So here is my current roadmap:

- Mac/Linux: COMPLETE but I'm waiting to release markets with these. We want to do some tests with volunteers to make sure it runs smooth on all systems
- Marketplace for BitBay and Halo: This is already working.
- Templates and counter-offer system, new ui for escrows, etc: This is what is being worked on now

We should test for at least a week privately in the community before official release.

Then I'm going to have to make a decision once that is complete.

NightTrader or Pegging will be after this.

The developement time for either of these paths are as follows... NT gives us an exchange platform to trade Bay especially off market sale of BitBay reserve using time locks.

NightTrader microtrading template: 2-4 weeks
Pegging: 4-6 weeks
Cold Staking: 2 weeks

Thanks for the heads up. I won' hold you to it, but as to other coins, at least your are trying to set a roadmap goal - which is way more than most coins can begin to replicate!

Got my tax return coming soon. Can't wait to throw some more cheap Bitcoins on Bitbay baggage!!

The roadmap isnt perfect but its good to set the goal. Most developers dont like to promise release dates because of how complex coding is. An inside joke in the coding industry relates to the famous company Valve that made Half-Life and Half-Life 2.

Check this out...
https://developer.valvesoftware.com/wiki/Valve_Time

lol so heck if we can get within a few weeks of a release date thats an accomplishment.
hero member
Activity: 732
Merit: 500
David, has there been any update/changes to the roadmap on the OP, or are we still keeping the priorities as:

- Smart Contracts
- Advanced Smart Contracts: Machine to Machine advanced contract fulfillment (IOT: Internet of Things)
- Multi-Sig
- Joint Accounts
- Muti-Coin Wallet Features
- Decentralized marketplace (A new approach different from OpenBazaar)
- Convert BitBay into a hedging coin (price will be pegged to US$)
- Windows, Mac, Linux, and Mobile Staking Wallets (Android, iPhone, Windows) - In-wallet resources (Chat, Block Explorer, Gaming, Community).

Thanks.


Smart contracts, multisig, joint accounts and multicoin was working in BitHalo for over a year thats not a new feature. I didnt write the OP. So here is my current roadmap:

- Mac/Linux: COMPLETE but I'm waiting to release markets with these. We want to do some tests with volunteers to make sure it runs smooth on all systems
- Marketplace for BitBay and Halo: This is already working.
- Templates and counter-offer system, new ui for escrows, etc: This is what is being worked on now

We should test for at least a week privately in the community before official release.

Then I'm going to have to make a decision once that is complete.

NightTrader or Pegging will be after this.

The developement time for either of these paths are as follows... NT gives us an exchange platform to trade Bay especially off market sale of BitBay reserve using time locks.

NightTrader microtrading template: 2-4 weeks
Pegging: 4-6 weeks
Cold Staking: 2 weeks

Thanks for the heads up. I won' hold you to it, but as to other coins, at least your are trying to set a roadmap goal - which is way more than most coins can begin to replicate!

Got my tax return coming soon. Can't wait to throw some more cheap Bitcoins on Bitbay baggage!!
legendary
Activity: 2414
Merit: 1044
David, has there been any update/changes to the roadmap on the OP, or are we still keeping the priorities as:

- Smart Contracts
- Advanced Smart Contracts: Machine to Machine advanced contract fulfillment (IOT: Internet of Things)
- Multi-Sig
- Joint Accounts
- Muti-Coin Wallet Features
- Decentralized marketplace (A new approach different from OpenBazaar)
- Convert BitBay into a hedging coin (price will be pegged to US$)
- Windows, Mac, Linux, and Mobile Staking Wallets (Android, iPhone, Windows) - In-wallet resources (Chat, Block Explorer, Gaming, Community).

Thanks.


Smart contracts, multisig, joint accounts and multicoin was working in BitHalo for over a year thats not a new feature. I didnt write the OP. So here is my current roadmap:

- Mac/Linux: COMPLETE but I'm waiting to release markets with these. We want to do some tests with volunteers to make sure it runs smooth on all systems
- Marketplace for BitBay and Halo: This is already working.
- Templates and counter-offer system, new ui for escrows, etc: This is what is being worked on now

We should test for at least a week privately in the community before official release.

Then I'm going to have to make a decision once that is complete.

NightTrader or Pegging will be after this.

The developement time for either of these paths are as follows... NT gives us an exchange platform to trade Bay especially off market sale of BitBay reserve using time locks.

NightTrader microtrading template: 2-4 weeks
Pegging: 4-6 weeks
Cold Staking: 2 weeks
full member
Activity: 182
Merit: 100
David, has there been any update/changes to the roadmap on the OP, or are we still keeping the priorities as:

- Smart Contracts
- Advanced Smart Contracts: Machine to Machine advanced contract fulfillment (IOT: Internet of Things)
- Multi-Sig
- Joint Accounts
- Muti-Coin Wallet Features
- Decentralized marketplace (A new approach different from OpenBazaar)
- Convert BitBay into a hedging coin (price will be pegged to US$)
- Windows, Mac, Linux, and Mobile Staking Wallets (Android, iPhone, Windows) - In-wallet resources (Chat, Block Explorer, Gaming, Community).

Thanks.
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