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Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
La token have been quite impressive in some ways actually.
The didnt steal the Bitbay funds. They put in the work and their support is excellent with the live chat.
I guess this is just a very complex set up.
I don't claim to understand what is required their end.
They keep making changes and. today so let's give them some time.
So far I think they are pretty good. Exchanges like poloniex would have wallets of for months for bugs.
I think we should certainly not be too critical too early.
If they are tech savvy they will certainly see the clear potential of this project hence why they have probably put quite and bit of time and effort so far.
Bitbay needs to become 100% self reliant. This project has been crushed by 3rd party problem and decisions everytime.
We need an internal exchange. A simple Bitbay to btc or ltc/dodge exchange would be fine. Or at a minimum get with Blocknet.
However better to have it in house.
The project cannot build any real value momentum until we stop hitting 3rd party bumps every time we get slightly moving.
Perhaps the 20 cent default was a bit much in this market. Perhaps 5 cents default to get rolling with some volume.
I think with a polished and fully functioning web wallet it is worth a dollar but we need to get some awareness first.
Plus the community is tiny and has no real clue how to expand. Huge momentum can still be achieved on this forum
But for sure you want a stable exchange and easy to use web wallet before pushing it out there too hard.
Let's give latoken a chance they have done okay and way better than any other exchange that we have tried to work with recently
Do we have any coders that can take a look ove their code? I mean we have the Peg working our own test exchange for a year?
Lets not panic. Hopefully they will give it more time to get it sorted.
The didnt steal the Bitbay funds. They put in the work and their support is excellent with the live chat.
I guess this is just a very complex set up.
I don't claim to understand what is required their end.
They keep making changes and. today so let's give them some time.
So far I think they are pretty good. Exchanges like poloniex would have wallets of for months for bugs.
I think we should certainly not be too critical too early.
If they are tech savvy they will certainly see the clear potential of this project hence why they have probably put quite and bit of time and effort so far.
Bitbay needs to become 100% self reliant. This project has been crushed by 3rd party problem and decisions everytime.
We need an internal exchange. A simple Bitbay to btc or ltc/dodge exchange would be fine. Or at a minimum get with Blocknet.
However better to have it in house.
The project cannot build any real value momentum until we stop hitting 3rd party bumps every time we get slightly moving.
Perhaps the 20 cent default was a bit much in this market. Perhaps 5 cents default to get rolling with some volume.
I think with a polished and fully functioning web wallet it is worth a dollar but we need to get some awareness first.
Plus the community is tiny and has no real clue how to expand. Huge momentum can still be achieved on this forum
But for sure you want a stable exchange and easy to use web wallet before pushing it out there too hard.
Let's give latoken a chance they have done okay and way better than any other exchange that we have tried to work with recently
Do we have any coders that can take a look ove their code? I mean we have the Peg working our own test exchange for a year?
Lets not panic. Hopefully they will give it more time to get it sorted.
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
Basically just withdrawing all funds from Latoken, not possible to trade in Bay, very sad, almost 1 and half months in exchange with non access and exchange has no idea when it will clear, absolutely ridiculous!!! It's really too bad was a big supporter of Bitbay since near day 1 no joke, I held on to them for for 4 years then reinvested because I believed in this new project not realizing that my money would be indefinitely held. 
I think you just don't understand how it works.
You seem to be thinking yiour liquid coins that you sent to latoken that turned into reserve will go liquid again in one month?
They will not.
They will remain reserve until the target is reached.
This does not matter you can sell them on the reserve market.
Better to understand you have 2 coins.
Most of your reserve will remain reserve until adoption kicks off..
As adoption and use requires them to be liquid they will go liquid.
The supply matches the demand. Bay you can consider starts from now.
This is an amazing design. Once you understand it and the implications it is brilliant.
If you want your Bay to be liquid to get the 10000000000% sudden jump from bottom then we need to build genuine demand
Or sell at reserve prices that are way up from the double digit sats some eager dumpers scooped them up for
If it helps consider your Bay to be bayR
Save them or sell them.
Re: Cryptopia Cryptocurrency Platform Services and Development
Its pretty obvious what Grant Thornton is trying to do. They're trying to claim the database is inaccurate and that the customers can have whatever is left in the wallets.
That means Grant Thornton and the Cryptopia thieves can drain most of the wallets coins and claim the database was off on its calculations. It just gives them room to steal the over 90% of the coins that should still be in the wallets.
We know the database is 100% accurate. It was maintained precisely by the Cryptopia staff. We also know that to calculate how much each coin the users own in the database and comparing it to the coins wallets is very simple.
You would just execute very simple sql commands to specify the total amount that users own for each coin and do a quick comparison with whats left in the wallet. I'm assuming they used a sql database. It could be any database and that database would have its own set of database commands.
This is not Mt Gox which lost 100% of their coins. Cryptopia lost between 5% to 10% of the coins on the site. The judge better see through the nonsense that Grant Thornton is doing and put an end to it fast.
The New Zealand judge is just letting them get away with absolute criminal level behavior. Grant Thornton hasn't contacted any of the developers to make sure the coins binaries are up to date so they can be withdrawn.
They haven't secured the coins to prevent future coins from being hacked and stolen. They've sold some office chairs and computers and charged 1 million for something that can be done by grade school teenagers in a couple days.
We need some experts to explain to the judge and point out all the nonsense Grant Thornton has been up to. The judge needs more than just legal arguments he needs to know exactly how everything works.
Right now he's just getting the wool pulled over his eyes by Grant Thornton. They're just snowballing him him with lies because they know the judge doesn't have a clue about how cryptocurrency works.
That means Grant Thornton and the Cryptopia thieves can drain most of the wallets coins and claim the database was off on its calculations. It just gives them room to steal the over 90% of the coins that should still be in the wallets.
We know the database is 100% accurate. It was maintained precisely by the Cryptopia staff. We also know that to calculate how much each coin the users own in the database and comparing it to the coins wallets is very simple.
You would just execute very simple sql commands to specify the total amount that users own for each coin and do a quick comparison with whats left in the wallet. I'm assuming they used a sql database. It could be any database and that database would have its own set of database commands.
This is not Mt Gox which lost 100% of their coins. Cryptopia lost between 5% to 10% of the coins on the site. The judge better see through the nonsense that Grant Thornton is doing and put an end to it fast.
The New Zealand judge is just letting them get away with absolute criminal level behavior. Grant Thornton hasn't contacted any of the developers to make sure the coins binaries are up to date so they can be withdrawn.
They haven't secured the coins to prevent future coins from being hacked and stolen. They've sold some office chairs and computers and charged 1 million for something that can be done by grade school teenagers in a couple days.
We need some experts to explain to the judge and point out all the nonsense Grant Thornton has been up to. The judge needs more than just legal arguments he needs to know exactly how everything works.
Right now he's just getting the wool pulled over his eyes by Grant Thornton. They're just snowballing him him with lies because they know the judge doesn't have a clue about how cryptocurrency works.
Totally agree. Binance captured a HUGE amount of the stolen funds and said they would return them
This judge is likely some old fool who has no clue about these theives and scammers activities.
Or is on the payroll
What a scam. I hope investors are not going to bend over foe grant Thorne and the cryptopia theives.
Best to bring in another legal team that will get to the bottom of this even if they want a slice of the recovery.
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
The price is receding fairly sharply right now. Was this kind of action foreseen in your planning? I mean, it's unlikely that anything will go monotonically up. Do you fully expect the algorithm to always recover (sooner or later) from this sort of action?
Thanks
Thanks
The peg is doing great. The peg is best designed to work with sensible volume.
It is currently at its toughest point. Dragging price from a tiny fraction of a cent straight to 20c on no awareness and fighting those that got it for nothing from bittrex dump.
These are just dust amounts of Bitbay. The peg stops huge % of the minting being dumped by whales who control the market in a huge and damaging way. Dust trades mean nothing to the health of the project. The peg is an amazing.
I think one improvement may be a quicker sharper freeze but that's only maybe because I don't fully understand the reasoning behind the current settings.
If bittrex had not caused a mass dump down to stupid levels this would have had an easier start.
Long term if they pull the full roadmap off with fully operational web wallets and mobile wallets with slick market place this will be a 5 bucks per coin plus project. I see nothing this useful and robust anywhere here except in the dreams and fantasies of white papers to entice investors bitcoin away from them. Bitbay is pretty much there I guess they just need the funds for porting this over to android ios and getting a slick front end ux.
I would suggest we all cut the stake rates by 50% for a year or 2 and the remaining is "donated" in a superblock to fund development.
remember we were all staking for 1.5 Bay for a long time. Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
Keep calm guys
This split if I understand correctly is a issue with all pos coins. The circumstance leading to this are very rare.
It could happen to any pos coin.
Be thankful we have a very competent dev team that can fix and upgrade for future prevention
Also that we are currently on only one exchange and no lasting damage.
Whale remove sell wall at 1000
Don't rush fix. Take long time to test please.
This split if I understand correctly is a issue with all pos coins. The circumstance leading to this are very rare.
It could happen to any pos coin.
Be thankful we have a very competent dev team that can fix and upgrade for future prevention
Also that we are currently on only one exchange and no lasting damage.
Whale remove sell wall at 1000
Don't rush fix. Take long time to test please.
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
3-4 years? Like Craig was saying almost 7! This was the original feature promised since BitBay started. Not to mention the pages and and pages of text talking about it since it's inception. Also it's fully democratic and a user can still trade their reserve. So it's not true to say coins are "frozen" against anyones will. They are more than welcome to sell their BAYR and I'm sure users would love to scoop up a majority of the BAYR at a discount.
Besides, I would rather sell 1% of my bag for what is already 10x of the previous bottom than to have no price protection whatsoever.
Also with liquidity this thing can sky rocket because the economy can inflate because it's super cheap to buy up all of the liquid coins at this point which would push the peg over it's target forcing it to inflate. Not to mention a trader can buy up reserve and sell it at a premium when it converts to liquid. So much strategy involved and I feel like it takes trading to another level.
Besides, I would rather sell 1% of my bag for what is already 10x of the previous bottom than to have no price protection whatsoever.
Also with liquidity this thing can sky rocket because the economy can inflate because it's super cheap to buy up all of the liquid coins at this point which would push the peg over it's target forcing it to inflate. Not to mention a trader can buy up reserve and sell it at a premium when it converts to liquid. So much strategy involved and I feel like it takes trading to another level.
The price in this case is not protected, it is artificial, just some magic meaningless number as long as 99.5% of coins are frozen.
Liquid Bay bring traded now are being protected in a decentralized way.
You have bitbay liquid with the market determined price
You have bitbay reserve with the market determined price.
You have frozen.
This will work even better once the webmarket place is operating well and being used.
You can still sell your bitbay reserve at the Bay Reserve price.
I think the idea is excellent and combined with a full p2pb market place and DDE is it the best project outside of the top 10
Investors are to blame. They continuously fall inti the trap of marketing teams dream white papers. These are often pure techno garbage that sound convincing to the untrained.
Investors that are untrained should keep with completed new designs that have a real use case.
So many investors running to every new dream. That leaves a lot of almost completed interesting designs at good price point for entry.
Investors that are untrained should keep with completed new designs that have a real use case.
So many investors running to every new dream. That leaves a lot of almost completed interesting designs at good price point for entry.
I have spent a long time asking devs and members who have previously picked many good projects.
You need to consider what they promise, what they actually offer now, their use case, their longevity and of course they must be a low cap for maximum gains.
I am buying and already have some small amount due to following advice you must do your own sensible research and asking trusted knowledgeable sources don't just copy me there only few I feel very confident. Not all.
Bitbay
Blacknet
Blocknet
Pivx
Zano
Komodo small amount
Nano very small amount
Ada tiny amount
Eth tiny amount
Ardor small amount
Obyte little bit
Some 15 others but so tiny amount
* if they already have a big cap i only get a tiny amount
I am looking for may be 5 more and lisk waves but only tiny amounts i like low caps that offer large value and more potential rises.
Completed or near completed only. I will not risk on dreams.
Very interesting thoughts, but here it is better not to give specifics to people, because you can then take their mistakes on themselves, give them food for thought, and they will choose and make a decision.You need to consider what they promise, what they actually offer now, their use case, their longevity and of course they must be a low cap for maximum gains.
I am buying and already have some small amount due to following advice you must do your own sensible research and asking trusted knowledgeable sources don't just copy me there only few I feel very confident. Not all.
Bitbay
Blacknet
Blocknet
Pivx
Zano
Komodo small amount
Nano very small amount
Ada tiny amount
Eth tiny amount
Ardor small amount
Obyte little bit
Some 15 others but so tiny amount
* if they already have a big cap i only get a tiny amount
I am looking for may be 5 more and lisk waves but only tiny amounts i like low caps that offer large value and more potential rises.
Completed or near completed only. I will not risk on dreams.
That is true and it is why I said that members should not automatically copy my choices.
They should consider my points and if when applied they feel other projects are superior they should select them
I will be interested to hear their thoughts or specific projects if they find any.
I don't feel it is a problem to say which specific projects you have selected based on certain criteria if you are disclosing you have invested in them yourself. Also important to state they must compare them to other projects themselves first.
Re: Collective DEX Volume is Starting to Outperform Some Major Exchanges
Stakenet's Lightning supported DEX will be a game changer, since it allows instant trading and is an integrated part of a multi currency wallet with inbuilt lightning swaps as well.
Check the picture below. This one could in my opinion easily become the industry leader since you don't need to create accounts, sync with any networks, or anything else than that. Just download the application, and start trading.
https://i.imgur.com/HCXvUjl.png
Check the picture below. This one could in my opinion easily become the industry leader since you don't need to create accounts, sync with any networks, or anything else than that. Just download the application, and start trading.
https://i.imgur.com/HCXvUjl.png
Does this perform real atomic swaps like blocknet DEX? That to me seem like the only true dex with komodo.
How far from completion?
Dex are the way forward.
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
Dynamic Peg FAQ OF THE DAY
Does the Dynamic Peg make BitBay a stablecoin?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
Does the Dynamic Peg make BitBay a stablecoin?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
These tips are great thanks.
2 questions
I just want to make sure of
1/ if I buy from the Bay Reserve on latoken
Can I withdraw to my standard Bay receive address and the exchange will release. My local wallet will auto recognise and assign these to my reserve bay holdings?
2. Is there a very detailed guide on sending my local liquid to local frozen?
For dzimbeck - yes I agree with that.
Thank you
1. Qt wallet will receive it immediately but it does not sum up to reserve. It will become frozen for 1 month so you can not spend it (though you can stake it), when 1 month will pass it may sum up with reserve and liquid depend on peg level after one month (for example if peg will be zero after one month, then all coins will become liquid of course)
2. In Qt wallet you just choose "transfer type" when send
Thanks for the help.
I would apply a merit for you but i don't have any merit yet to send you.
As I notice each bitbay thread poster should send merits to bitbay members if their post is good and worthy of merit.
The reason is that bitbay thread can not go on page 1 unless posters here have earned merit in the last 90 days
Keeping bitbay thread on page 1 is very advantageous and sensible.
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
Dynamic Peg FAQ OF THE DAY
Does the Dynamic Peg make BitBay a stablecoin?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
Does the Dynamic Peg make BitBay a stablecoin?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
These tips are great thanks.
2 questions
I just want to make sure of
1/ if I buy from the Bay Reserve on latoken
Can I withdraw to my standard Bay receive address and the exchange will release. My local wallet will auto recognise and assign these to my reserve bay holdings?
2. Is there a very detailed guide on sending my local liquid to local frozen?
For dzimbeck - yes I agree with that.
Thank you
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
The community is too small. Bitbay must grow the community using the community coins with micro advertising jobs and listing items on the market place competitions. Without increasing awareness even the best project will not progress.
It is very good to see bitbay on an exchange and coinmarket cap.
community must grow and adoption for the market place will be great to attract some big shops
It is very good to see bitbay on an exchange and coinmarket cap.
community must grow and adoption for the market place will be great to attract some big shops
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
I understand.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
Is the donation set on default on the market place and old style wallet?
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
The marketplace has cash for coins contracts. It's totally peer to peer.
This is a very good feature.
Do you mean something like this already exists? Everyone can make there own auto exchange? For any crypto with a block explorer
One simple example
Alice will sell parcel of 50k bitbay for 0.5 btc
Alice lock 50k bitbay supply bitcoin address in contract
Bob take contract supply his bitbay address has time period to send his bitcoin's
Bitbay market verify with block explorer wait 2 confirms and auto send bitbay from Alice to bob?
Is this not possible?
Can be done for any coins with block explorer?
People can sell their own personal coins to individuals with no license right
Just like its own exchange?
Market place can monitor package prices of all sellers and have table with links to each persons own market place?
Buyer protected because bitbay wallet locks Bay once bob agrees contract and Alice coins are unlocked if bob not send in time.
The market place can rely on some block explorers so once agree on contract marker place does rhe work.
Only a suggestion.
Well with double deposit escrow / unbreakable contracts it's not necessary to have the software track block explorers. The users just put their deposits in the contract and then release when funds are distributed. If its a BTC/BAY trade they can of course do that without any risk protected by deposits. The software has some user friendly templates already coded in for users such as cash for coins with price tracking and tracking of market rates. Also auctions, reverse auctions, sales of goods, hiring someone with automated payroll, asking for jobs, barter with supply/demand lists and customizable python contracts.
And also, a user can just write in their own terms to a custom contract. It's the deposits that both users add to the contract that protect the deal.
Thank you for the help.
I understand double deposit escrow for everything that is not digitally verifiable and require human trust and faith is my favorite part and with the peg. The idea is simple but so brilliant this combined with feedback ratings is amazing.
But for things with digital verification possible then dde is not required and remove the iron clad guarantee that you can have with software verification. Also this automation allow bitbay market place to be a huge crypto exchange that is only individuals selling their own individual coins. Marketplace just have a tab for crypto sales and organized market prices.
I was thinking that would be the simple easiest way to have an internal exchange and should be very easy to get that coded in as a feature. Perhaps the bitbay would require some secure block explorers of his own else their can be risk.
If you will say it's not a good idea then I will not mention further. Thanks for you excellent work.
Are coins and tokens that have good value like 0.02 or even 0.2cent on exchanges with no volume the same bad news as coins that haven't made it to an exchange yet? what do you guys have to say about this? i am currently holding two different tokens with good value but no trading volume, any hope for such projects?
No. Playing Dead can be resting. So not always gone for good.
If project has extreme value or rather is way way way below the value it really brings to this environment then only a small effort to awareness to a legitimate hidden gem can bring the biggest returns. Low volume and super low cap with great dev team's and shit marketing teams are the ultimate find. People start to panic with no volume and fill the order books lower and lower
Tokens sadly permit marketeers with no skill set to complete the dreams they can weave to the investors to bring forth those promised dreams. Try to avoid projects that are not almost complete with great use case and individual design.
Catch those under hyped at start, or under hyped and discarded for new over hyped dreams. It is important where in the cycle of great projects you catch them.
I don't really like tokens but accumulating quite a few low volume low caps.
I have spent a long time asking devs and members who have previously picked many good projects.
You need to consider what they promise, what they actually offer now, their use case, their longevity and of course they must be a low cap for maximum gains.
I am buying and already have some small amount due to following advice you must do your own sensible research and asking trusted knowledgeable sources don't just copy me there only few I feel very confident. Not all.
Bitbay
Blacknet
Blocknet
Pivx
Zano
Komodo small amount
Nano very small amount
Ada tiny amount
Eth tiny amount
Ardor small amount
Obyte little bit
Some 15 others but so tiny amount
* if they already have a big cap i only get a tiny amount
I am looking for may be 5 more and lisk waves but only tiny amounts i like low caps that offer large value and more potential rises.
Completed or near completed only. I will not risk on dreams.
You need to consider what they promise, what they actually offer now, their use case, their longevity and of course they must be a low cap for maximum gains.
I am buying and already have some small amount due to following advice you must do your own sensible research and asking trusted knowledgeable sources don't just copy me there only few I feel very confident. Not all.
Bitbay
Blacknet
Blocknet
Pivx
Zano
Komodo small amount
Nano very small amount
Ada tiny amount
Eth tiny amount
Ardor small amount
Obyte little bit
Some 15 others but so tiny amount
* if they already have a big cap i only get a tiny amount
I am looking for may be 5 more and lisk waves but only tiny amounts i like low caps that offer large value and more potential rises.
Completed or near completed only. I will not risk on dreams.
The fastest most tps = most centralized. This is a problem that they can only prentend to solve. The only real possible improvement over btc is variable blocksize. This does not account for dag or nano type designs
This is a very naive statement - some blockchains actually get faster the more its decentralised as they can use the latency of other nodes and delegation and sharding to Increase TPS
But do they also not open themselves to new attack vectors and become less secure?
What about Ada and rchain offer?
Okay which single design offers improvements over bitcoin in all areas without giving up or creating new issues either attack vectors etc?
I have been reading what I can but i am not trained in deep analysis of these designs
Is there a clear design that has more advantages than disadvantages over bitcoin?
So many people and PhDs claiming their design is superior until competitors claim there is blatant weaknesses
If there really is a completed working tested proven design that is faster , more secure, equally decentralized that bitcoin ?which is it and is there wide consensus from peer reviews and reliable sources?
Seems impossible for ordinary members without years of training to correctly assess new designs.
The highest level math and coder I know at my college personally who originally was excited for dag or delegated pos, nano
Now returned and changed his mind to saying simple pos3 design could be the best balance all things considered with some small tweaks to ensure most robust and capable and reliable nodes.
He is now looking at what he called accounts based design but I lost the rest of his message to understand what project this is. It might be blacknet. Since he was looking at that I know. Or it could be something else entirely. That dev was first to upgrade original pos.
As you say perhaps I should have put my post as a question not statement.
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
Is the donation set on default on the market place and old style wallet?
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
The marketplace has cash for coins contracts. It's totally peer to peer.
This is a very good feature.
Do you mean something like this already exists? Everyone can make there own auto exchange? For any crypto with a block explorer
One simple example
Alice will sell parcel of 50k bitbay for 0.5 btc
Alice lock 50k bitbay supply bitcoin address in contract
Bob take contract supply his bitbay address has time period to send his bitcoin's
Bitbay market verify with block explorer wait 2 confirms and auto send bitbay from Alice to bob?
Is this not possible?
Can be done for any coins with block explorer?
People can sell their own personal coins to individuals with no license right
Just like its own exchange?
Market place can monitor package prices of all sellers and have table with links to each persons own market place?
Buyer protected because bitbay wallet locks Bay once bob agrees contract and Alice coins are unlocked if bob not send in time.
The market place can rely on some block explorers so once agree on contract marker place does rhe work.
Only a suggestion.
The fastest most tps = most centralized. This is a problem that they can only prentend to solve. The only real possible improvement over btc is variable blocksize. This does not account for dag or nano type designs