Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 349. (Read 542239 times)

Some folks are never satisfied. Those of us who have been with BitBay since day one are still here and pleased with the progress and amount of work that is going into this. Just to have BitBay alive and trading after what happened is fine with me. We know all the "bells and whistles" will come and we certainly appreciate the amount of work going into this.

So, no offense meant to anyone here but, how about supporting what is currently going on and the rest will come. David, thanks for hanging in there, I know you didn't have to but, I think we have a good chance to show some people what you can do under pressure!  Keep up the good work!

 

For the person above ^

Its not "sketchy" that we havent finished the website. Who would have time for it? I'm working on a highly complex markets system and our other members
were working on the urgency of getting nodes hard coded so you can always stake! The reason this was priority is because if people don't stake for too long, there is a time stamp issue with the block and we would suffer a fork! That problem had to be addressed first. The next thing they will work on is the website.


As for the point about markets not being exclusive to BitBay I agree. But here is something to consider. Blackcoins markets was branded for NightTrader the microtrading exchange platform in their markets. BitBay is a better brand for markets "aka the ebay of bitcoin". So from a marketing perspective, the two coins are very different from each other. I love BC and would never recommend against it. However pegging is good for markets specifically because it can reduce volatility while people make purchases.

Consider that Bitcoin ALSO gets access to the markets. How can we have a market in BlackHalo/BitHalo/BitBay if people can't use the most popular currency of Bitcoin?

Coins have different brands and different roles in the industry. There will always be unique differences between the coins I'm developing for.

We've been planning this for a while, your post was a complete coincidence in timing but we through it a fantastic chance to engage with you and as you say, all you have done is to politely point out some very valid points.

We cannot fully support previous wallets because, we did not build them and do not control them. We were not part of BitBay when they were made. We decided to release because it is important for people to have access to updated wallets. We did so without a website because waiting for the website would mean delaying wallets, not something anybody gains from at the moment. Support FAQs will be up soon, and again, we are here, on BCT, on Twitter, on FB to answer to anybody that has a problem. So we are not in a situation of 'no support' at all, we are simply working on better channels for it. We are not secluding anything to our Slack, you were invited to it because it is where the active Bay community hangs out, so it is the most direct (and pleasant) way to get in touch. You are completely in your right to decline this invitation, nobody ever said it was the only way through which you'd get support (just currently the best one).

Once again I would like to make the point that none of these procedures have been done in a rushed or careless fashion. The fact that you have not heard from Bay on BCT is not to be construed as us not being very busy putting this project back on track.

Now about promises of github - here you go: https://github.com/oxidian/BitBay

This is the source to the new QT client. Clone away, look about, and by all means if you want to get involved in dev let us know.

There is nothing 'sketchy' about the team now running this project. Yes there was at the start, as everybody knows, this was a complete mess that ended in one of the biggest FUDstorms ever. It is only natural that all of you on here need to be reassured, and we will keep doing that until we achieve your trust.

^ True. Not only that, but they clearly stated that the "markets" they are building are not even for BitBay only. Markets are developed for "Halo" which BlackCoin also gets and probably added to the Halo bitcoin wallet too. So where is the real development for BitBay? After following what's been going on for awhile, I think it's finally time to leave this charade. Only "pegging" is exclusive to bitbay, yet it hasn't been a priority since the project began 3 months ago. When the pieces don't fit and other things take priority for other coins + rushed wallets and no clear answers, it's time to step away. I may invest in BlackCoin since it's getting the markets and they have a much bigger community and support base. I wanted to like this project and put a large investment into something unique and exclusive. Damn it!

Hey bitcoindev,
Timing sure made it look like a rushed build fix to me.  If you planned and released it like this on purpose, my bad.

I still stand by what I have tried to politely point out here.
The 2 different sized builds available previously still appear sketchy. Trying to distance yourself from them now (in bold above) appears really sketchy.
Releasing a build through an obfuscated link, to a website that is not even started, without source code or hash, appears really sketchy.
Twittering to the world to get this build, before the website is done or even a tech support faq is available, appears really sketchy.
Secluding any tech support or bug reporting in an invite-only support forum, that is not searchable or usable by normal users, appears really sketchy.
Seeing all your responses actively defending these rushed and unsafe release procedures appears really sketchy.

If you cannot take the time to finish the website, provide a support faq, stand behind each build and release it safely, and work with the users openly, Why should anyone trust the software with their money?

I guess everyone will just have to wait and see if your promises about github are true.
If that occurs, I guarantee more people will support this project. Myself included.
Until then, it just appears too darn sketchy...

Hey gnarl, good to see you are fully paying attention, that is exactly the kind of involvement we are hoping for. As explained in the previous post, getting the good ship Bay sailing again has not been simple and we still have a way to go before we get there. So, a few things need explaining as there is a good measure of assumption in your posts. We did not "release" a new build, we released one. And rest assured, us posting it was not at all a reaction to your post. This is something that has been worked on for weeks, and if you check our twitter you will see a hint at this from well before your post. There is no way in hell we were going to be able to design a new UI, get it loaded up into a QT, compile and test all the way from windows XP to 8.1 (which we have done), as well as set up 3 static vps nodes, get command line clients working on them and have QTs use them, all in 7h.

So, your assumption that all of this was caused by your post is we're afraid, incorrect. We have the original dev that worked on the early BitBay wallets doing this, as well as other members of the community. It is all being posted to Github and we'll be linking to that shortly. The newly released wallet is the only one we will support as it is the only one we can say we control fully.

We put the link behind bit.ly for convenience and tracking, mainly as a way to keep on top of how many downloads we have. It simply links to http://bitbay.market/clients/bitbay-qt-win.zip. bitbay.market is not an abandoned blog, it is a website that has not been started yet. We've had our hands full and I myself decided to prioritise QTs as I felt it is important to have stable, working clients for everyone before we do any proper promo.

Now, you seem interested in helping us with release cycles, and to that we can only say, bring it on. I suggest you join us on slack and get to know the new team. You will find it is composed of people who bought into Bay early, and still believe in the concept and want to see it happen, just like you. We also have a bot that gives out unlimited virtual beer. You can PM us on here and we'll get you on.

That looks like the old wallet, have you downloaded the latest version we just posted?

Something ain't right.

My QT install, v 1.0.0.0-g, is now finding a block every 15 minutes or so. says only 26,500,000 Network Weight

For this post, just the facts.



But Im about to go off on a rant about how this whole thing is unfolding.

Aren't we waiting for linux and mac builds since forever??

Hi Bitbaydev,

Well at least you respond like you care, but I mostly see hand-waving and explanations. No change in procedure.
Its too bad, this looks really cool and promising, but there are just too many GIANT RED FLAGS.

You just "released" another build as a reaction to one reported issue.
You built and released it in less than 7 hours since I posted, there is no way it was tested thoroughly.
You put it behind bitly, so no one knows where it is coming from, and Bitbay.market is an abandoned blog...

There is no hash or proof it is even bitbay code, and no one is standing by it and saying they built it.
This build is a different size , again. (first 48mb, then 45mb, now 25mb... what was removed?)
Chrome wont download it. Virustotal results have changed, now warnings come from clam-av heuristics.
https://www.virustotal.com/en/file/60fcc150cf64ed90660366ff8f5dcf85500d81e19622bb90f6ca859e8896fade/analysis/
The details show it was built on a different system than the last 2, who built this one?

Come on... This is not how you release quality software. Especially software that holds money.
Its releases like this that kill coins. I have seen it happen multiple times here. It ticks me off...
I would like to see this go mainstream, it has a great foundation, but sketchy stuff like this can kill it.

If you guys need help testing and releasing a product professionally, I can be bribed with beer and bitcoins.
Seriously. Fresh install testing, multiple os's, new user experience, beta testing, secure release procedures...
My problem reporting and recommendations are much more pleasant if I am properly beered and bribed.

Either way, I will wait until its available on github and released with someones reputation backing it.
Twitter that when it happens!
Good luck.

Markets are getting worked on as we speak, with parts already working. Expect a month or two before we are ready to start testing.

This is great, thank you!
The wallet works fine. When can we expect the markets?

Hey gnarl thanks for this, all of your concerns are genuine and it gives us a chance to explain what has been going on with Bay of late.

As you all know this project has not had smoothest of launches, and when the new team got involved the project was quite literally in shambles. There was no control of Bay's own media channels, partial control of some of the sites, a bunch of clients released some of which there was no way of knowing were even trustworthy, and a host of other problems not the least of which is the removal of about 1000btc from the project by it's initial collaborators.

Since then we have set up new official twitter (@bitbaytalk), new facebook page, and have a server ready on bitbay.market which is where the new official site will be hosted.

On the software front David is working on the markets currently, but we felt the need to release new QT wallets while work on the advanced client continues, in beta. This allows people just wanting to stake or send/receive a stable, easy client, right now. And we do literally mean right now. We're leaking today's release here first. It is the new Windows QT BitBay client, which we've tested to work fine all the way from XP to 8.1. You can get it on

http://bit.ly/bitbaywin

This is a short link that points to a file hosted on bitbay.market, which is, until further notice where all our releases will come from. So, Windows users, please DO NOT USE anything that isn't an official release posted by us either on here or through official channels, starting with today's release.

The other piece of news relating to this is that we have setup a base node network of 3 VPS machines, which will be always-on entry points to the network and able to serve the blockchain in a fast and effective fashion to new users even in the early days. They are:

US (New York) Node - 104.236.208.150
Euro (Amsterdam) Node - 188.166.39.223
Asia (Singapore) Node - 128.199.118.67

These nodes are now hardcoded into the new client so connecting should not be a problem. Do let us know if you have any trouble of course!

About GitHub, we'll be putting the whole thing up shortly, users will absolutely be able to report problems and bugs, signatures will be in the releases, and as for your last question, answered above

Next up is Mac and Linux QTs, and after that Android will come as well. Now time to update the OP, soon after that will come the new site on bitbay.market.

A community is coming together on the BitBay Slack, which is really a great tool and we encourage anyone wanting to get involved to join us.

Let us know if you have any questions, we're here!

Before you recommend this to anyone...

A fresh install does not sync.
There is no troubleshooting faq.
There are no instructions for adding nodes in main thread, or on the website.
It only attempts to contact 2 hardcoded ip addresses, one is unpingable, and the other times out..

There are 2 different versions of the 'current official release' available for download.
One installs a bitbay.conf with no nodes, and one does not even create it.

The source code linked to is 3 months old, there are no reported issues or community involvement.
https://github.com/bitbayteam/bitbay

The official bitcointalk threads link to this bitbaysetup.exe, and Virustotal says its sketchy...
https://www.virustotal.com/en/file/506bc9dee4bac3f78b91e305f8de1789fbe9ead57eb96be6172bdce9f91bb031/analysis/

The official bitbay.org's link to this bitbaysetup.exe, that is a different size, and Virustotal says its sketchy...
https://www.virustotal.com/en/file/2aeadbb0d74e80de70b0216ccb6fd65fa4bdf3855b43a64a8e9d5b48bc1256d8/analysis/1423640551/

All the new users are doing this now...



So,
When will the real open source link be available?
Will users be able to report problems and bugs?
Will a hash+pgp signature be posted with the next build to ensure the download is the same release code\build?
When will a real official/professional release that works from a fresh install be available?


 

https://blog.coinjar.com/2015/02/10/introducing-hedged-accounts/

Lovely stuff finally following Bay on twitter now, thanks for the links Gizfreak will join Google-Community in a minute when i remember my password.


Wicked that's brilliant!  I  will create an account and post here the user name, or better yet i will pm you very soon!

Yes!  You can join us on slack! The guys are on there every day and its really positive. We can send you an invite if you give us a username.

The most recent updates are twittered at https://twitter.com/bitbaytalk and I myself publish them at the Google+ Community (see my signature)

I have held Bitbay for awhile now not because of pegging but decentralized market i know it's going to be awesome.

Good to here guess the project only needs you to complete markets for Bay bit of a catch 20, you look for coders to help but that takes the time from the progress you would have made without looking.

Either way i am here for the long road

Cheers for the information is there anyway i can keep more up to date away from here? 

They are only refactoring the code which means making it more efficient which is a totally seperate project. I'm currently the only coder for markets and pegging. The markets for BitBay is what is being working on right now and my deadline is within the month... all Halo clients use the same platform since smart contracts need a market environment to thrive.

Pegging is coming soon but I would say stay with Bitbay because you believe in it not because you are waiting for right before pegging to buy.

but coders are on deadline for Halo.. you said markets are far BlackCoin (Halo) and pegging is for BitBay. So when can we get an update for THIS coin (pegging)?? Otherwise, maybe should buy BlackCoin first? Such confuse. Hope to see update on pegging asap.