Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 36. (Read 542196 times)

Is BAY operating on Latoken's test environment yet?  Has Latoken not got back to us yet to confirm this?

Confirming everything is back up and running smoothly :  I just updated node list in configuration file restarted the client and in minutes it shynched back; didn't even need to delete peeer.dat file.

Thanks for being helpful , really appreciated

Only issue, if we can consider it such, is the number of active connections to Bitbay network that I never manage to get over 3; but until everything it up and running it's fine.

Well once we get on Latoken or another exchange to get some volume it can hopefully fund more exchanges. Cryptobridge will not be worth adding the peg because they have their own token that is issued on Bitshares so the logistics of enforcing our liquidity system would not work with them. However Blocknet and Komodo we can make code for them. Current priority is get listed and get the party started and work on advising exchanges.

Okay cool, well so long as we have bay there for promotions I guess it does not matter where it comes from. I was just thinking it would have been best if everyone was contributing to bay to the pot that we use for airdrops and competitions.

We really need to educate people so that they are not wishing to immediately dump bitbay for fiat or btc at these misery levels

Are LA token really solid enough for us to switch on the pegging? I mean unless the other exchange we have now ( the only one CMC is listing) will implement the pegging also will we not have to lose that listing?

Maybe better to just get listed on LA token without the peg first? see how they go or we could end up with no exchanges right?

Why is blocknet not listed on cmc, not the project but their exchange listings volume for other alts?

They must have the required volume by now.

Still I think most people will agree unless we are controlling our own exchange (even super basic like btc/ltc /bay only) and have control over our own CMC listing and something to keep the peg rolling if others boot us then we are always vulnerable.  Just some kind super basis on/off ramp to btc or ltc that can reach the CMC listing threshold in volume even with our annoying churners that love bitbay would be cool.

Shame binance were not interested in REAL projects.

Would love to see a competition running on this board for the best items listed for sale on bitbay web market place getting prizes in bitbay (once we have some sensible volume). Or even just some nice banner for sigs and avatars competition paid in bitbay... or well ...there are a ton of things we could get people involved with.

Cryptobridge does not seem too bad? what have they said about implementing the peg? would be nice to have a few listing with the peg until we get our own stable and fully 3rd party proof exchange.

blocknet dx at blocknet.co ,cyrptobridge

Hello, where can I buy bays?

Our seed nodes were down, so maybe that's why. You should restart the client. You can also PM me the config file and debug.log as well. Worst case scenario you should just delete the peers.dat(after making a copy) and let it build that again.

Is there any workaround for this?

I copied the node list here https://chainz.cryptoid.info/bay/#!network selecting the one related to my wallet version , that is qt 2.1.1., but it didn't work. 

Also, just to clear the field from possible mistakes, may someone please post here, or pm me, the correct syntax of those few lines of text to be typed into .conf file right above the node list?

I think the reason some people didn't get a connection was some seed nodes went offline.

Everything is running smoothly on my end too.  I now have 33 connections to the BitBay network which, for me, is a record.

The router thing was nothing to do with the problem; I HAD to change the router (it was a new one) and it was only after that I noticed the connection problem.  The two events were unrelated.

I cannot agree more about having our own exchange; as I'm sure you are aware I have commented on this already.  I have made the same point as yourself; as we can't trust anyone else to run the peg, we must do so ourselves.  And the way to do that is to utilise the existing in-house beta-site exchange.  

It really can't be rocket science to make this into a fully-functional public trading platform for BAY.

Listings on Latoken etc would, of course, be useful.  But the in-house platform must become the default exchange for BAY  trading and the ultimate 'fall-back position' in the event of malicious delistings.

For whatever it's worth - everything is running smoothly on my end; but I haven't changed a router or anything.

Also: we just need to have our own exchange. Period.
It sucks to have to depend on anybody else to run your stuff.  Right?
BUT, what we have makes us different, solid and transparent; and we learn as we go.
The powers that be are not as humanitarian oriented as David, shall we say.

So, we basically have an exchange in place that is running the peg beta site, so why not just use that?
It's right in front of our faces. Bay can't truly trust another exchange - ever.
...Unless they list us for FREE.

Yes, that's right.  I am talking about the behaviour of my BAY wallet relative to wallets of other coins.

I am running v.2.1.0.0., which I thought was the latest version. 

Thanks for answering, anyway am running V. v2.1.1.0 of Bitbay QT wallet just to understand it's a matter of version or what.

Also, you talk about other wallets : guess you are referring to other coins' wallets, correct?

No, it's definitely not just you.  I swapped my net router over to a new one earlier today and when I tried to restart the BAY wallet I couldn't get any connections.

It's now 3 hours behind and still no connections.  I've never experienced this before, and my other wallets appear to be unaffected.

Please send debug.log
Also make sure there was no change to antivirus, firewall or other things. Also you can add nodes from https://chainz.cryptoid.info/bay/#!network

It's fifteen hours now my wallet is offline and shows zero connection to Bitbay network : didn't change anything lately and it was three weeks it was running correctly ( apart from the fact I only managed to have a max of 3 active connections to the network); anyone have a clue on what could be the reason ? Is it a general issue or is it only me experiencing this issue? Any pratical suggestion on what could I try to make it work again?
Thanks in advance for your help.

That's really good to hear.  Thanks for that info David, it's very encouraging. 

LAtoken said we would have a test environment in a few days. Will know soon.

Are you referring to the Latoken exchange here?  If so, what is the likelihood of a test environment being provided this month?  Or, if not this month, then this side of Christmas?

Most of the team is not active. Only myself, Yshurik, Craig, Alec as the most active members. Others do participate when they can so just know I do notice and appreciate the contributions of each community member. This does not mean work isn't getting done as right now I'm updating Halo and writing some pseudocode for multisig exchange consulting.

As for the donation, the new QT comes with it built in but it is not hard coded as a blockchain rule. Like I was saying it's like a snake eating it's own tail. We are not short on BAY for paying people, we are short on liquidity for them to cash it out. So better off to spend on airdrops, promotion and market growth. We are patient, we can still survive this bear market. What people will see when the smoke clears is who is still standing. As we are liked by the hard core decentralized devs, cryptoanarchists, freedom lovers, Komodo and Blocknet we can still keep a huge following in the groups that saw Bitcoin for what it was really worth. Promotion will be key now that we have the product, let's see if the exchange will give us a test environment this month.