Hey gnarl thanks for this, all of your concerns are genuine and it gives us a chance to explain what has been going on with Bay of late.

As you all know this project has not had smoothest of launches, and when the new team got involved the project was quite literally in shambles. There was no control of Bay's own media channels, partial control of some of the sites, a bunch of clients released some of which there was no way of knowing were even trustworthy, and a host of other problems not the least of which is the removal of about 1000btc from the project by it's initial collaborators.

Since then we have set up new official twitter (@bitbaytalk), new facebook page, and have a server ready on bitbay.market which is where the new official site will be hosted.

On the software front David is working on the markets currently, but we felt the need to release new QT wallets while work on the advanced client continues, in beta. This allows people just wanting to stake or send/receive a stable, easy client, right now. And we do literally mean right now. We're leaking today's release here first. It is the new Windows QT BitBay client, which we've tested to work fine all the way from XP to 8.1. You can get it on

http://bit.ly/bitbaywin

This is a short link that points to a file hosted on bitbay.market, which is, until further notice where all our releases will come from. So, Windows users, please DO NOT USE anything that isn't an official release posted by us either on here or through official channels, starting with today's release.

The other piece of news relating to this is that we have setup a base node network of 3 VPS machines, which will be always-on entry points to the network and able to serve the blockchain in a fast and effective fashion to new users even in the early days. They are:

US (New York) Node - 104.236.208.150
Euro (Amsterdam) Node - 188.166.39.223
Asia (Singapore) Node - 128.199.118.67

These nodes are now hardcoded into the new client so connecting should not be a problem. Do let us know if you have any trouble of course!

About GitHub, we'll be putting the whole thing up shortly, users will absolutely be able to report problems and bugs, signatures will be in the releases, and as for your last question, answered above

Next up is Mac and Linux QTs, and after that Android will come as well. Now time to update the OP, soon after that will come the new site on bitbay.market.

A community is coming together on the BitBay Slack, which is really a great tool and we encourage anyone wanting to get involved to join us.

Let us know if you have any questions, we're here!

Markets are getting worked on as we speak, with parts already working. Expect a month or two before we are ready to start testing.

Something ain't right.

My QT install, v 1.0.0.0-g, is now finding a block every 15 minutes or so. says only 26,500,000 Network Weight

For this post, just the facts.



But Im about to go off on a rant about how this whole thing is unfolding.

Aren't we waiting for linux and mac builds since forever??

Hey gnarl, good to see you are fully paying attention, that is exactly the kind of involvement we are hoping for. As explained in the previous post, getting the good ship Bay sailing again has not been simple and we still have a way to go before we get there. So, a few things need explaining as there is a good measure of assumption in your posts. We did not "release" a new build, we released one. And rest assured, us posting it was not at all a reaction to your post. This is something that has been worked on for weeks, and if you check our twitter you will see a hint at this from well before your post. There is no way in hell we were going to be able to design a new UI, get it loaded up into a QT, compile and test all the way from windows XP to 8.1 (which we have done), as well as set up 3 static vps nodes, get command line clients working on them and have QTs use them, all in 7h.

So, your assumption that all of this was caused by your post is we're afraid, incorrect. We have the original dev that worked on the early BitBay wallets doing this, as well as other members of the community. It is all being posted to Github and we'll be linking to that shortly. The newly released wallet is the only one we will support as it is the only one we can say we control fully.

We put the link behind bit.ly for convenience and tracking, mainly as a way to keep on top of how many downloads we have. It simply links to http://bitbay.market/clients/bitbay-qt-win.zip. bitbay.market is not an abandoned blog, it is a website that has not been started yet. We've had our hands full and I myself decided to prioritise QTs as I felt it is important to have stable, working clients for everyone before we do any proper promo.

Now, you seem interested in helping us with release cycles, and to that we can only say, bring it on. I suggest you join us on slack and get to know the new team. You will find it is composed of people who bought into Bay early, and still believe in the concept and want to see it happen, just like you. We also have a bot that gives out unlimited virtual beer. You can PM us on here and we'll get you on.

^ True. Not only that, but they clearly stated that the "markets" they are building are not even for BitBay only. Markets are developed for "Halo" which BlackCoin also gets and probably added to the Halo bitcoin wallet too. So where is the real development for BitBay? After following what's been going on for awhile, I think it's finally time to leave this charade. Only "pegging" is exclusive to bitbay, yet it hasn't been a priority since the project began 3 months ago. When the pieces don't fit and other things take priority for other coins + rushed wallets and no clear answers, it's time to step away. I may invest in BlackCoin since it's getting the markets and they have a much bigger community and support base. I wanted to like this project and put a large investment into something unique and exclusive. Damn it!

For the person above ^

Its not "sketchy" that we havent finished the website. Who would have time for it? I'm working on a highly complex markets system and our other members
were working on the urgency of getting nodes hard coded so you can always stake! The reason this was priority is because if people don't stake for too long, there is a time stamp issue with the block and we would suffer a fork! That problem had to be addressed first. The next thing they will work on is the website.


As for the point about markets not being exclusive to BitBay I agree. But here is something to consider. Blackcoins markets was branded for NightTrader the microtrading exchange platform in their markets. BitBay is a better brand for markets "aka the ebay of bitcoin". So from a marketing perspective, the two coins are very different from each other. I love BC and would never recommend against it. However pegging is good for markets specifically because it can reduce volatility while people make purchases.

Consider that Bitcoin ALSO gets access to the markets. How can we have a market in BlackHalo/BitHalo/BitBay if people can't use the most popular currency of Bitcoin?

Coins have different brands and different roles in the industry. There will always be unique differences between the coins I'm developing for.

Well the questions asked in the previous page are valid and I understand some people want more visibility into the development of a coin.

As long as people here stay polite and ask good questions we are more then willing to answer them in good fashion.

And off course some people are easier satisfied then others but that is no problem .


We are pulling this project back on the track and in my honest opinion I must say we're doing a great job so far.

Nothing great comes without some setbacks.

It tells me that BitBay for you is a "brand" for the markets that you are developing for TWO other coins. But instead of giving BitBay (brand) "NightTrader", only BlackCoin has it? Why is BlackCoin also getting markets if it was "branded" for NightTrader? Really, where does the investment go? such confuse.

You will probably see a lot more coins develop markets. Maybe even with halo tech or something thats just as good. The difference is who the markets are suited for, and the chance of success. Bay will be good for ordinary consumers because it will be pegged to US$, so it will have stable prices. It also has a good chance of success because it will get a flying start because of the alibaba-connection. Meaning there will be real sellers there from the start.