BitBay Community Update 9/10/2017

David has given a wonderful summation of the exotic spending updates that will be present in the next version of the BitBay market client. You can find all this information at: https://www.reddit.com/r/BitBay/comments/6zca3v/plain_english_breakdown_of_upcoming_exotic/
Work is 99% complete on our very own BitBay block explorer! This will lay the groundwork for us to begin mobile development down the line.

We are proud to announce Bruno Guimarães has accepted the role of Art Director for BitBay. With over 12 years of experience in visual marketing we feel he is more than qualified to take our brand image to the next level!
We have also found an exceptionally qualified individual to take over as head of our marketing team, Traceur! Traceur has over 7 years of experience in B2B marketing, from deep market research to brand strategy, and we are privileged to have such a person assist us in getting the word out.

Our newly appointed Project Manager, Shorn, has been and will be continue to aid in organizing and coordinating activities between the separate teams. This has streamlined our workflow, and we have been generally performing more effectively as a unit thanks to his contributions.

A copywriter has been found, Priscilla, who will assist in making our technical text easily understandable to those who are somewhat new to Blockchain or technology in general, something vitally important as the market expands and average Joes enter the sector.

Several minor (but quite inconvenient, speaking from experience) bugs have been fixed in the Mac version of the Market Client, those issues being an abnormally high rate of CPU usage and images not showing up on the marketplace. Now, it performs equally as well as our Windows market client, which is wonderful news!

A professional and slick explanatory video about the BitBay platform is in the works (the audio sounds great!). This will be a streamlined and convenient way to introduce new users and investors to BAY, something that we all agree is vitally important moving forward.

The next version of BitBay should be coming out relatively quickly. David has had a bit less time as he has had to assist his family during these turbulent times in Florida, but things are more or less still on track.

Links: http://www.Bitbay.market

https://www.reddit.com/r/BitBay/
https://bt.irlbtc.com/view/890531.0
http://bitbay.market/wp-login.php?action=slack-invitation
https://t.me/bitbayofficial
https://discord.gg/sP8b66W
https://twitter.com/BitBayofficial

Hahaha That is terrible!
We very much would welcome your help with translation. Join our slack, and contact aletha
http://bitbay.market/wp-login.php?action=slack-invitation

Yes there is a bounty. Just check with aletha first to make sure she hasn't made a deal with someone else about it.

No, electrum style explorer

Anyone that's been around for a while will tell you to not leave your coins on exchanges. They tend to get "hacked"
That said, the peg is not expected to cause problems in regards to keeping coins on exchanges. David has several solutions to how exchanges can deal with the peg.

No the exchanges need to honor the peg. Also when the peg starts, we begin at full liquidity and can then freeze and unfreeze in either direction (inflate or deflate). It just controls liquidity. However, I really wouldn't keep my Bay on exchanges... it is always best to move it to a wallet.

On this forum other than our weekly updates people aren't quite seeing the action going on in private slack channels. However there are several core members on our team (as on our team page on the site) and I get 100s of messages a day. A lot is going on for PR.

The most consistent PR push will be an ongoing Facebook campaign that we will monitor our target markets for results. There is a list of other things and creative ideas are thrown around daily.

Also exciting news to the holders as posted on Slack...

Bitbays first checklocktimeverify transaction

c18a0e7f4ddd6492fa653d9feebea1fdfd64c24b54f7c691383e2ef3852f885d

That is an example of freezing coins

It was only frozen for 10 minutes

https://chainz.cryptoid.info/bay/tx.dws?c18a0e7f4ddd6492fa653d9feebea1fdfd64c24b54f7c691383e2ef3852f885d.htm

Notice the address was "bRuVYS74nhKMX62oV5HqCTfhBGrYEFAsBL"

but the keys used to sign were actually from "bTuZboysrngsaqJvRj4db4CV2Qa21Q5Jcb"
 
It was locked until this timestamp... 1505429979



So just so you guys know, I'm making steady progress with our locking functions! The next update will have a lot of fun types of payments we can send to each other!

It's just as I'm very strict on security I have to always make sure everything is smooth and we make sure parties are notified when they get these types of payments and that they check the scripts.

This is a good coin
the freebay (faucet) is not working anymore ?
http://bitbay.market/freebay/ ?
any working faucets ?

It's so undervalued although it's a good project ...

This coin is amazing, I've seen coins pump for a promise of what BAY already has.
I was very excited to find a coin this cheap, but this part really bummed me out -


So it basically takes away the whole beauty of Cryptocurrency. If consumers wanted predictable value determined by small group of people they would not get on this market at first place. We already have predictable USDT.
Plus you are restricting investors to use their coins and they are not allowed to sell it whenever they please. 
Crypto is still in embryo phase and its exciting to watch how it develops and where it can go, and rolling out "Pegging" now, in the wild west, just bores me.