BitBay News
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BitBay
[BAY]
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Dear BitBay Community,
We are delighted to present a concise update on our recent meeting held on August 9th. This update revolves around our collective journey and the symbiotic relationship between BitBay and NightTrader, further fostering a united growth trajectory.
- Mutual Growth Encouragement: The meeting was dedicated to exploring the remarkable potential of the synergy between NightTrader and BitBay. Discussions unveiled how each platform can mutually fuel the growth of the other, creating a dynamic ecosystem that amplifies opportunities and influences.
- Strategic Development Review: We're pleased to share that the meticulous review of the Programming Milestone for voting is well underway. Our dedicated team is ensuring a thorough evaluation to align with the interests of our valued BitBay and NightTrader communities.
- Future Hardfork Milestone: Another significant advancement is the ongoing development of the Milestone for the Future Hardfork. This endeavor is a testament to our commitment to enhancing our platforms, ultimately benefiting both BitBay and NightTrader users.
As we continue this shared journey, we remain committed to transparency, innovation, and creating sustainable value for our vibrant BitBay community.
Warm regards,
The BitBay Team
To the BitBay Community
We are excited to share the latest developments and progress made during our recent meeting, which was held with a strong focus on advancing NightTrader's and Bitbay's capabilities and expanding our presence in the global markets. Here's a comprehensive summary of the key highlights:
Comprehensive Business Services Package by PwC: We are pleased to inform you that PVC is finalizing a comprehensive package of business services tailored to meet the unique needs of NightTrader. This strategic collaboration promises to bolster our business operations, further enhancing our capacity to serve our valued users.
Milestone Discussions and Transaction Time Optimization: We engaged in constructive discussions on optimizing transaction times for various coins, a crucial aspect of our commitment to seamless and efficient trading experiences. The team is actively exploring innovative ways to implement these changes and meet the evolving needs of the crypto community.
Node Troubleshooting Initiative: Our development team is gearing up to initiate a comprehensive node troubleshooting exercise. This concerted effort will bolster the stability and performance of our platform, ensuring uninterrupted access for our users.
Integration of Trading Bots: We are dedicated to harnessing cutting-edge technology to empower our users' trading strategies. In line with this vision, we explored incorporating trading bots into the NightTrader platform. These discussions are indicative of our commitment to staying ahead of the curve in the ever-evolving world of crypto trading.
Enhanced Withdrawal Process Control: Our meeting featured constructive discussions on refining the withdrawal process and enhancing control mechanisms between nodes. These deliberations underscore our commitment to security and efficiency in all aspects of our platform.
Establishing a Robust Backup Process: Recognizing the importance of uninterrupted website availability, we discussed and strategized setting up a robust backup process between nodes. This proactive approach reaffirms our dedication to providing a seamless user experience.
Managing Multi-Region NightTrader Operations: As NightTrader expands its reach to multiple regions, we delved into comprehensive discussions on effectively managing and coordinating these iterations. Simultaneously, we explored strategies to maintain consistent branding and impactful advertising efforts to enhance NightTrader's global presence.
Presentation on Multi-Region Domains: Our diligent developers will create a compelling presentation to explore the possibilities of multi-region domains. This strategic initiative aims to unlock new markets and provide access to NightTrader for a broader audience.
We are grateful for your unwavering support, and these developments are a testament to our unwavering commitment to continuously advance the NightTrader and BitBay
Happy Trading!
Best regards,
The NightTrader and BitBay Team
NightTrader and BitBay Weekly Newsletter
Bringing You the Latest Updates in NightTrader and BitBay Development
Dear NightTraders,
We hope this newsletter finds you well and excited for the latest developments in the NightTrader community. The weekly development meeting was held yesterday, and we have some exciting updates to share with you.
Opening Trading for ETH and DAI on the Horizon
We're thrilled to announce that open trading for ETH and DAI will be available soon on NightTrader! Our smart contracts have undergone final polishing to ensure a smooth and secure trading experience. Stay tuned for further updates on the launch of ETH and DAI trading.
Partnership with PwC Financial Advisor Group
NightTrader has been actively collaborating with the esteemed PwC Financial Advisor Group. In a recent meeting, we have identified various needs in aspects of our business plan development, investor support, certification of security and IT standards, compliance requirements evaluation, and more. We anticipate receiving a formal offer from PwC next week, solidifying our partnership and opening new doors for NightTrader.
API Requirements for Documentation
To provide you with enhanced documentation and facilitate integration with NightTrader, we are working on a API requirements. These guidelines will streamline the process of connecting external systems to our platform, allowing for seamless interaction with NightTrader's features and functionalities.
Coingecko and CoinMarketCap Listing Preparation
We understand the importance of visibility and accessibility for NightTrader, and that's why we're actively working on fulfilling the requirements for listing on popular platforms such as Coingecko and CoinMarketCap. Our team is diligently collecting the necessary data and fulfilling the prerequisites to ensure BitBay receives the recognition it deserves.
Trading Bot on NightTrader Coming Soon
We're thrilled to announce that a trading bot will soon be live on NightTrader! This exciting addition will empower traders with automated trading strategies, allowing for increased efficiency and expanded trading opportunities. Stay tuned for further updates on the trading bot's release. Big Thanks to Anoxy for this one! Amazing work.
Withdrawal Issues Resolved
Our developers have successfully identified and resolved the withdrawal issues reported by some users. Through rigorous troubleshooting and meticulous attention to detail, we have rectified the problem to ensure smooth withdrawals for all NightTrader users. We apologize for any inconvenience caused and appreciate your patience throughout the process.
We hope you find these updates inspiring and promising for the future of NightTrader. As always, we're grateful for your continued support and look forward to sharing more exciting news in the weeks to come.
Happy trading!
The NightTrader and BitBay Team
Hello NightTraders,
During our recent meeting held on June 21, 2023, we discussed and made progress on several important matters. Here's a summary of the key points:
Frontend Coding Integration: Our developers are focused on integrating frontend coding into the current NightTrader system. This integration will improve the user interface and overall user experience.
Fine-tuning Solidity Contracts: We are in the process of fine-tuning our Solidity contracts, which will be audited once they are completed. This meticulous approach ensures the security and reliability of our smart contracts.
Pseudo-Coding Support: We will provide additional clarification and commenting on pseudo-coding to support the development of the Bridge and Hard Fork coding components.
Testing for QT Wallet Functionality: We are preparing to commence testing for Milestone 1, focusing on QT Wallet functionality. This testing phase will ensure the smooth operation and reliability of this key feature.
Potential Integration with Novacoin: Once the hardfork is completed on Novacoin's side, we may explore the possibility of integrating with their platform. This potential collaboration could bring exciting opportunities for both NightTrader and Novacoin users.
We continue to work diligently on these developments, and your support is greatly appreciated. Stay tuned for future updates as we strive to enhance the NightTrader platform and provide you with exceptional trading experiences.
Best,
The BitBay Team
Development Updates:
EtHalo Beta Testing still in progress. We are actively gathering feedback from our testers, which will help us improve and refine the platform for the final frontend GUI design build.
DEFI bridge coding has finally begun. Currently developers are working on organizing/compartmentalizing tasks into milestones to prioritize the most important tasks.
Thank you for being a part of our journey and stay tuned for more updates.
Development Updates:
We have exciting news to share! Our developer has managed to allocate some time in his busy schedule to start updating the C++ code for BitBay. This update will enable BitBay to bridge into the Ethereum-based ecosystem as an ERC-20 token. More time will be allocated as he completes his other major task. This will allow us to bring the dynamic peg protocol to all EVM's. It is a form of price stability without being hard pegged.
Additionally, we have discovered that Avalanche (AVAX) has released a protocol that allows any ERC-20 token to be used for gas on any platform. This development will significantly benefit BitBay's bridge in the DEFI sector. https://twitter.com/el33th4xor/status/1665368786004852737?s=20. Bridged BitBay tokens still utilize a form of our dynamic peg protocol, the peg requires more contracts than usual. With this new protocol from AVAX, swapping and adjusting the peg index will become extremely affordable. You can find the Goerli Testnet of BitBay's Swap here: https://dzimbeck.github.io/test-page/.
Moreover, this improvement will enhance the cost-efficiency of our EtHalo marketplace. The Goerli Testnet EtHalo beta can be accessed at: https://bithalo.org/Ethalo/. EtHalo is a double deposit escrow marketplace that operates without a middleman. By eliminating the need for a middleman, we reduce fees and increase profitability.
Thank you for your continued support! We are getting closer to the finish line! For more information on how the dynamic peg works feel free to check out this presentation: https://bitbay.market/downloads/bitbay-dynamic-peg-intro.pdf
Dear BitBay Community,
As we near completion of our development we have decided to start posting weekly update to share our progress:
Updated some features on the BitBay.Market website including an updated roadmap. It's exciting to see how many milestones have been completed and how close we are to completing the core build. We still are waiting to start the last bit of development needed for our coin to be able to bridge to the Ethereum network. After doing so we will be able to provide Defi with the revolutionary dynamic peg protocol. If we get delayed too much longer we will look for alternative ways to complete design.
Beta testing of our decentralized marketplace on EtHalo continues to make progress. Thanks to the community for helping us test. We feel most bugs are now discovered. We feel the implementation of double deposit escrow smart contracts on the Ethereum network will significantly contribute to the expansion of our decentralized marketplace, and give BitBay more recognition. BitBay will be able to work on both our own marketplace and Ethereum's marketplace once the bridge coding fork is complete
As always, we encourage you to reach out to us with your feedback, suggestions, or any questions you may have. Your insights are invaluable to us, and we are here to listen. Join us on telegram for a more active community.
The BitBay Team
