yes a lot is happening with BitBay .Today a double deposit web market place demo is up and running and it looks great but more features will be add as time goes on.
This will be huge once it takes off and is much needed really.
I still think the totally decentralised market place relying on no central servers that David has created is amazing.
However I think the masses will appreciate a web browser based service in a big way.
Once it starts to take off and snowball it will be quite something to watch and be in on.
Well people want an easy button. It will allow for a super fast system and even mobile access.
The biggest factor is that we can actually keep transactions protected by DDE smart contracts. This will still allow our web marketplace to give merchants the ability to undercut the competition compared to 3rd party merchant service hosts like eBay, Amazon, or even other crypto marketplaces.
And yeah, if people still want to be decentralized all the way, they can still have it! The best of both worlds with a stable price.
That's the other aspect that people have yet to realize. We are way ahead of all the other stablecoins in regards to real world use. While they are busy trying to build their peg, they still have to come up with services that allow them to actually apply their currency to. Most won't bother trying, they will just use centralized 3rd party service hosts to do that for them.
But that equals fees.
They will never be able to undercut our marketplace services because we don't charge anything to use them!