Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 386. (Read 542094 times)

Just in case you haven't heard about this:

From Cryptoarticles http://www.cryptoarticles.com/crypto-news/bitcointalk-user-spreading-malicious-clients-opal-considering-blockchain-rollback

"We have received a report that concerns anybody who frequently visits the BitcoinTalk forums, and has updated one of their coin clients as of late. A user by the name of “diabanhxeo” has been spreading hacked cryptocurrency clients for various coins, containing a backdoor in order to steal wallet.dat files.
OPAL.png
The report was brought to our attention by the Opalcoin team, as they had noticed there was a hacked/misbehaving client on the network. It turns out one of the Bitcointalk forum users has been spreading an infected client; not just for OPAL, but also for different altcoins which have seen wallet updates as of late.

These hacked clients contain a backdoor, giving that user access to any computer where these malicious clients are installed. As a result, he/she will then breach your computer and attempt to steal any of your wallet.dat files. The wallet.dat file contains your coin balance and transaction history, so your coins could be gone before you know it.

Fake downloads are rather easy to spot though, as the download links are usually embedded in a reply, and not posted by the official coin developers or team members. It also appears this user targeting Windows users specifically, and uses RAR files to package the malicious client, whereas coin developers usually use ZIP files."

Edited for brevity...
 

I would suggest to keep a thread like this here alive for publicity purpose.
Team posting updates, newbies questioning and so on.

For the "real" talk about technical stuff and the like, I would appreciate a forum on the main site and/or a decent chat function in the client.

Just my 2 BAY

https://p2pwallet.cc/

Something BitBay might want to be on?

Nubit \thread

Please explain how you can 'peg' the coin?

Ive seen many coins say/attempt this in the past and none successful...

not too worry we saw 100 the 14 dec we will see higher than 110+ satoshis soon enough 

You are the best!!!

+1000

Cant wait for all the big stuff to happen.

David excellent work...

Great video!

I am using qt wallet since I remember you mentioned that previous wallets were created by Flubber and they might be vulnerable so I uninstalled them. Where can we download new smart contract wallet?

Kick ass.
Looking forward to an updated roadmap.

You just can't peg a coin.

Its one of the last things to accomplish on the official roadmap. I understand where David was going when he starting talking of it prematurely, he wanted to try and protect the investors.
But without anybody using the coin (without the marketplace) I really cant see it working. I was one of the first supporters of NuBits(a true hedging coin), go look at how they are pegging and you'll start to get a idea on how it would work.

I don't see it working without a marketplace driving that engine. But have no fears, that engine is being built as we speak. 

Glad to see you in better moods David.

Now get your ass back to work.


__

It got pretty low. Peeps picked up cheap. Cant blame folks for day-trading it now. Its one of the reasons peeps attack a coin. To see it bounce all over the place.

No bounce.. No bucks..

Great Job on the new wallet. Very impressive considering all that has been going on it's a big accomplishment. 

great video but their one thing that bothers me about this wallet is that the meter bar its full blue at 100% all the time its looks like its always loading even if its done should be replaced with a simple ok check icon or another type of bar im sure im not the only one that looks at it and says hmm is it done or still synchronizing

im just saying

Hi guys, I'm back in business. Here is a link to a demo video showing smart contracts. Let the community know. I'm at work again and will be sure to have new features rolling out soon.

Smart contracting demo:
http://youtu.be/KZjbllGYTLQ

deff loading my wallet with Bay,thanks Bay team,

It's a chicken-egg problem

Pegging pros:

- Long term investor protection
- Once stabilised, vendor protection

Pegging cons:
- Requires trading volume in order to stabilise
- Discourages short term trading.

Is finally this coin gonna be pegged?

Welcome 

finally found this thread.

Yes - the technicals are getting more sophisticated these days. Glad you were up to interpreting them