Hi All,
I am happy to see interest in BAY picking up. I saw a few inquiries on pegging and what the future holds. Next week I will be publishing an interview dzimbeck was gracious enough to do, where he explains BitBay's purpose, what has been happening and what we can expect next. I will post a link to it here on BCT when it is finished, so be on the lookout. Once you see it, if you could spread it around we can get even more people to take an interest and see what is happening around here.
Thanks!
The Interview is ready. It is long with a great deal of information I am looking forward to sharing with everyone.
David and I are coordinating the interview's release with updates he is deploying in the next week or so. We are betting his current progress combined with some publicity from the interview will convince investors to check out BAY more closely.
Here is an excerpt from the finished article...
CCN Can you walk me through your vision for BitBay?
David Z. I was on the team when BitBay still consisted mostly of undeveloped ideas. I was already working on decentralized markets with BitHalo, and the guys who brought me in just had a coin and a marketing plan. The original idea for BitBay was an international market, much like EBay. Unlike EBay though, BAY could be used to exchange anything, including the purchase of good and services, negotiating contracts, employment, and even in bartering. Also, unlike EBay, there are no fees. Perhaps most importantly, BitBay will be developed as a secure way for two entities to make any kind of unbreakable contract without the need for anyone else to be involved
no arbiters
no middle-man. This unbreakable contract technology was already a feature I built into BitHalo the year before. I was able to simply integrate it into BitBay.
