Get paid to learn smart contracts!Bitbay was the worlds first decentralized markets. We want more people to learn about the awesome unbreakable contracts offered by BitBay and Halo. Learn about it by using the "training" contract offered in the software.
http://motherboard.vice.com/read/this-decentralized-bitcoin-market-is-for-legal-stuff-onlyhttp://www.coindesk.com/bithalo-smart-contracts-without-block-chain-bloat/Here is a training video of a contract being done:
https://www.youtube.com/watch?v=HrXUZRGd1hE&t=1sBitBay runs using "unbreakable contracts" using double deposit. Its been a few years running flawlessly. The fawcet uses the "guarantor" contracts where the deposit is only made by the seller (unilateral) however the theory is the same in the user interface. It is easy to set up using the "Cash for Coins" template.
Unlike other projects, this is not a promotion or vaporware. This software does exactly what it says it does. A lot of investors speculate on coins not even bothering to download the software and see the power of what it offers. This is what we are trying to fix. Get more people interested in caring about the technology and using it. This software has a full user interface and hundreds of little features exhaustively tested over the years. Something we know you will find awesome. There is absolutely nothing like this on the market.
Rising from the ashes! Our upcoming pegging system will force a stable price:
https://www.youtube.com/watch?v=GOIRxGQz4hY&feature=youtu.beHere are some of the things BitBay has to offer:*Unbreakable contracts (Peer to Peer no blockchain bloat)
*Decentralized Anonymous Markets (Peer to Peer no blockchain bloat stronger than Tor)
*Multisignature wallets with dual passwords hidden inside of PNG/JPG images using steganography
*Automated Joint accounts and the ability to sign transactions with 2 computers (hard core security)
*User Friendly Templates for contracts
*Training videos
*Ability to hide any file in an image
*IMAP under the hood full integration with Email, automated negotiation of contracts
*Price tracking so orders always maintain price
*Bitmessage fully integraded decentralized email and markets
*Translates to 92 languages using Google Translate
*Unique change management system which breaks all the change into denominations
*Easy to use accounting panel
*Live Python Debugger, run the interpreter within the software
*Advanced sending with multipay options
*"Pay To Email" tipping system. Hide payments in images direct to email.
*Everything is automated
*Full Offer/Counter-Offer negotiation system.
*Escrow panel with tons of options, anonymous chat
*Feedback and reputation system, see how many contracts gained and lost
*Serverless, everything is Peer to Peer
*Decentralized moderation keys available to trusted users
*Custom contracts and all kinds of contact options
*Start your own market, completely anonymous
*Cash for coins template
*Custom contract template (can do anything you want if you are
familiar with it)
Implications of DDE(Double Deposit Escrow) Smart Contracts and their use cases:Decentralized "Local Bitcoins": Send wires without the fear of theft due to Double deposit
Decentralized exchange of cash for coins
Buy/Sell anything without "Empty Box Scam" NO ARBITER NEEDED. It is self enforcing trade even with untrusted parties
So it works like a decentralized trustless ebay... NO MIDDLEMEN, NO ESCROW NEEDED
Works like decentralized Freelancer/Odesk
Unbreakable Employee contracts. FORCE people to HONOR their word! No more unreliable employees, employers forced to pay as well.
Barter ANYTHING. Use the coins only as self-assurance. Form a farm co-op trade Gold for Silver, Iron for Wheat. No need to use coins can decouple completely from currency.
Some of the templates are still being worked on to make it "Mom friendly" so that it takes as few clicks as possible to form a contract. No need to think of "terms and conditions" contracts are anonymous and self-enforcing. Here is some of the features that we are working on in 2017:
*Exotic spending... we will have the worlds first client to support time locks in the UI, deadmans switch and burn and parking and freezing coins all supported within the UI.
*Cold Staking for both BitBay and BlackHalo... stake using two computers, impossible to hack. Its basically joint account staking
*Custom Staking with Voting! Completely trustless voting and donations via staking.
*Anti-Keylogger: A special on-screen keyboard to obliterate keyloggers once and for all. Even mouse movement loggers will be no match for this unless every movement is recorded
*Tor and proxy options for internet requests
*Buy/Sell template featuring multiple shipping options including a calculator and options to bill in escrow
*Employment template featuring the ability for weekly reports and auto-payment within contract. Payments contingent on reports
*Barter contract with amazing "wish list" where each item can be calculated converting kilograms to hours and ability to know exactly how many "Avocados" you need for a pound of "Tomatoes". Perfect for farming co-op in 3rd world countries. Perfect for trading used items!
*Reverse auctions! Sellers bid for you the buyer
*Normal Auctions... Ebay style decentralized auctions
*Python contracts: Use the python interpreter to make contracts between peers. Pre-approved contracts potentially possible for verified devs and audited code on github.
*API And more!
The developer of BitBay (David Zimbeck) has been coding for years. He speaks with his software, always backing up his word. Unlike other developers he has never abandoned a project. The original founders of BitBay left the project and tried to blame him for their nefarious actions. Yet despite being cyberbullied and propagandized by the founders through the bitcointalk forum, 2 years later he STILL codes the software releasing many updates and a recent fork to POS 3.0. This is why we want you to test the software for yourself! The proof is in the actions!
Bitbay will be releasing a "rolling peg". This is basically a freezing/unfreezing inflation/deflation system that has the ability to create two asset classes "frozen" and "liquid". Based on voting, the supply can decrease or increase allowing a stable price in the markets and the ability to increase price without a market maker. If you are interested more in this come to Bitbay
https://bitcointalksearch.org/topic/bitbay-official-bitbay-thread-smart-contracts-decentralized-markets-rolling-peg-890531 or join our slack
http://bitbay.market/wp-login.php?action=slack-invitation If you've read this far, thanks for listening and we hope you will join us and learn how to use smart contracts!