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Author Topic: Bata (BTA) 6x Algos Sha256d Scrypt Nist5 Lyra2z x11 x16r | Masternodes  (Read 136126 times)

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #255 on: December 08, 2016, 02:10:19 PM »
I have advised Bittrex of the update to whitepaper, as it looking like volume is not going to get us across the line.

https://www.bittrex.com/Market/Index?MarketName=BTC-BTA

There is a lot of BTA available to buy, anything between 2000 sats to 4000 sats is a great buy considering staking & Barter Market / System is on the way.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #256 on: December 11, 2016, 05:31:34 AM »
I have advised Bittrex of the update to whitepaper, as it looking like volume is not going to get us across the line.

https://www.bittrex.com/Market/Index?MarketName=BTC-BTA

There is a lot of BTA available to buy, anything between 2000 sats to 4000 sats is a great buy considering staking & Barter Market / System is on the way.

I received notification from Bill @ Bittrex that BTA will remain listed at Bittrex, but we need the volume to rise according to the daily Bittrex requirement by January:

https://bittrex.zendesk.com/hc/en-us/articles/202583874-Bittrex-Market-Removal-Policy-Updated-12-01-16

Happy trading.
« Last Edit: December 11, 2016, 05:41:13 AM by Bata.io »

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #257 on: December 12, 2016, 08:48:15 AM »
Let's get some buying happening or trading across all our exchanges.

We are at a low price now, across many exchanges, we are flying very low under the radar.

The problem is it is too low. The spreads are easy to manipulate due to small sell orders driving the price down.

If you are looking to purchase BTA, obviously you want it at the lowest price, but keep in mind things will soon change with releases coming.

Many have stated it previously, including myself, that BTA is at bargain prices right now.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #258 on: December 12, 2016, 11:28:08 AM »
As per previous post:


CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #259 on: December 13, 2016, 08:07:26 AM »
Clearly my message got across...not.

$11 usd trading today (across all exchanges)

Not very reassuring to say the least.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #260 on: December 15, 2016, 10:46:39 AM »

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #261 on: December 23, 2016, 04:21:13 AM »
Dev support advised that I should have a working model (unreleased) in the holiday period.

Keep tuned.

Some heads may spin.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #262 on: December 23, 2016, 04:34:23 AM »
Good find:

https://twitter.com/dhoommachale/status/809248861306769408

India is Returning to Barter System, Bitcoin Appeals to the Masses
https://cointelegraph.com/news/india-is-returning-to-barter-system-bitcoin-appeals-to-the-masses

Barter is the way forward.

Think of it as rather than BTA trying to replace BTC, but as a leverage towards better trade and earning potential.

In a traditional barter platform a company or corporate gives "credit to barter traders if they do not want to swap good, but sell them. The traders are in debt to the company who provides the credit, charging them interest.

In BATA's model no company is involved or creates credit. If you don't want to swap you are paid BTA, which with POS enabled will earn you money.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #263 on: December 29, 2016, 01:41:32 PM »


An example of a corporate model for Barter Trade. Bata (BTA) aims to replace a Trade Credit as per graphic with BTA, which is valued against Bitcoin. The Barter system is not owned by a company, but by peers, decentralising across the globe for local trade or international. The BTA Blockchain is secured by Proof of Work (POW), in addition we are adding Proof of Stake (POS), so that BTA is available to all, not just those with special hardware.
Leverage your stock, services & business relationships.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #264 on: January 01, 2017, 11:32:34 AM »
Via Coincap.io app BTA all time stats.

Many others above in market rank cannot compare.


CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #265 on: January 05, 2017, 06:21:57 AM »
Mining pool added to OP:

HASH REFINERY

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #266 on: January 12, 2017, 08:17:51 AM »
The implementation of POS & POW will be soon, some delays have been incurred due to the holiday season and the distractions & interactions.

We understand the urgency and will ensure that we will release a new type of POW / POS hybrid wallet.

Dev support has confirmed these details with me.

I personally also feel that a release during one of the largest Bitcoin rallies of recent, would not be benefit $BTA, or supporters.

Dev Support may want to chime in to add anything further to this question.

One thing to add is that we can upgrade to the latest litecoin core, with all its developments at any time.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #267 on: January 29, 2017, 08:07:08 AM »
Update Dev Support:

Current PoW reward is 0.78125 Bata per block. So the money supply will not be reached anytime soon.  Since the halving of the reward happens every 100 000 blocks the money supply will be reached somewhere after block 1.8M when the PoW reward is 0.00009536.

It has taken 20 months to reach block ~550K, therefore block 1.8M is approx. 3-4 years away before we reach coin supply.

The type of PoS proposed for Bata will add a maximum of 225000 Bata per year assuming all wallets are staking (not likely to be achieved).
So adding to the total coin supply would allow the coin to introduce a higher minimum block reward for PoW AND/OR a modest PoS reward to keep stability in the network.

Relying on pure PoW mining when the coin supply is reached has not been very successful for other coins that have reached their coin supply. 

We will see how the PoW participation scales as the PoW rewards continue to decrease.  If the value of Bata continues to rise, then yes, PoW mining will continue to support the network.  But if PoW mining participation drops enough to only a couple of pools, then the stability of the blockchain will become an issue.  At that point, extending the coin supply to increase the PoW mining reward or implementing PoS will be needed to maintain the network stability.

Nothing is imminent at the moment, but there is planning going on to prepare for the possible scenarios.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #268 on: February 04, 2017, 01:12:39 AM »
Hello community,

BTA has been approached to become involved in:

https://entangleit.com/

"It's already a Post Quantum World.
Quantum computers are a reality.  The World is entangled.  Security is weak.  It's time to secure our past and future while we still can."

The project has been in research since 2000.

Ask questions please and I will do my best to answer. I may not answer straight away, but post your thoughts or questions.

CryptoOz

  • Guest
Re: $BTA | BATA | Barter via Blockchain. New POW / POS Hybrid in development.
« Reply #269 on: February 04, 2017, 07:50:09 AM »
Hi Peter,

Thanks for the interest.  Bata is very cool and EntangleIT intends to integrate Bata into our Blocklattice.  The purpose is to audit, protect and heal blockchains securely in case of tampering or bugs.  It's purpose is to eliminate scamcoins from the face of the Earth as well.  So, this is not going to be a pump and dump scheme.  This is about saving humanity.  Transaction fees will be absolutely 100% free.  ICO will reserve a developer(s) reward that will not be accessible for 5 years or upon deadman's switch, transferred to designated address for next of kin.

If you are interested further, there is a lot to discuss.  Nothing is in stone yet.  We've begun with a clean slate.  Now's the time to get involved.

Regards,

Richard Anthony Hein
2017-01-23

 

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