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Author Topic: Bata (BTA) 6x Algos Sha256d Scrypt Nist5 Lyra2z x11 x16r | Masternodes  (Read 136135 times)

CryptoOz

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I have heard back from almost every exchange that lists BTA regarding updating to Bata Core to v0.10.4. Some have completed or are in the process of updating.

Unfortunately still no response from YObit. I have submitted 2x via Dev Maintenance request and one support ticket since core v0.10.4 has been released. Hopefully they respond.

CryptoOz

  • Guest
Cryptopia wallet in maintenance mode whilst doing the update to wallet.

CryptoOz

  • Guest
Keep tuned for some news to be posted on Sunday sometime.

CryptoOz

  • Guest
Profit Shares Platform v1.0


Profit Shares Platform is a closed-source conceptual network used to self-regulate “cryptomarkets”,

They can be considered a “controlled” alternative to exchange tokens. These will never become volatile digital assets and remain secured using cryptography. They remain 100% backed at all times by a secondary blockchain asset such as BTC, BTA, ETH and STRAT. Crowdfunding BATA projects using non-expiring, liquid capital profit shares.

Profit Shares can offer liquid, stable and consistent returns for investors. In the next few months will be inviting the public to try our beta platform and contribute to the growth of BATA. Feel free post any questions, comments or feedback here and take a look at a limited Graphical User interface preview located at https://shares.bata.io/admin/
« Last Edit: May 15, 2017, 12:34:02 PM by Bata.io »

CryptoOz

  • Guest
RE Profit Shares:

The shares are mathematically controlled to prevent crashing. Price per share  = fund balance / total shares

The community decides on their price movements and thus controls their volatility by allowing the fund administrators (or in the future - smart contracts) to remove funds for development use or require new business profits to be distributed with share holders. This unique and transparent system is still in experimental and development stages. We fully welcome all questions or new ideas.

CryptoOz

  • Guest
Hello everyone, I will be removing any reference to Yobit off Bata.io and contacting CoinGecko, Coinmarketcap and Worldcoinindex to remove off their websites. Yobit has not responded to my support requests and any message whether it be via BCT, Twitter etc. If anyone has any ideas or wants me to set up a donation address to PAY YOBIT to do something, let me know.

« Last Edit: May 17, 2017, 07:08:39 AM by Bata.io »

CryptoOz

  • Guest
Added the information below to FAQ download on https://bata.io/development
-------------------------

Can Profit Shares Platform be compared to a bond market for Crypto projects? (if it is more like shares, what is the difference between the assets on profit shares platform and a new token?)

In some ways, yes a Bond and Profit Share have similarities. The Profit Share will be represented using a Dynamic Token asset. They can be considered smart-contracts with unlimited potential in terms of technical functionality and financial liquidity. Each Profit Share token will fully represent an existing digital or physical asset such as Bitcoin, BTA, bullion or even fiat currency. Essentially - they're an external method for representing something of value using crypto-signatures. In the use of a Profit Share, they become a digital loan contract with static or dynamic capabilities for return rates, terms of repayment and even controlling liquid venture capital by multiple entities.

What are the requirements to host a primary or a secondary node?

To host a primary node for Profit Shares: will require a web-server running PHP, and general web-development experience. Secondary nodes will be compatible with Desktop, Tablet, Mobile and other devices. No coins will be required to run these services - if you're running a primary node then you have the ability to charge user-fees on your own terms. We're going the let the free-market decide ROI on running network nodes for Profit Shares, There will be no direct network fees implemented during the initial launch but this feature may be introduced in the future depending on community developments.

To stake Bata once Hybrid PoW/PoS is implemented 1000 BTA is required. Staking will give effectively give 5% interest per annum. Example of rewards can be found here: https://bata.money/downloads/BataRewards.pdf

To operate a Masternode 10000 BTA is required. More details on ROI will be provided and will be made available on https://bata.io/development.

BBP Unbernodes ROI have not been confirmed.


Will street shares be hosted on Ethereum or the StratisPlatform? (If so what is the role of the nodes? To my knowledge the node system (like x11?) has not been implemented on Ethereum smart contracts)

The BATA development team will be introducing our own side-chain framework that will allow for ease of integration for existing blockchain technologies, and standardizing new application developments for cross-platform development. More information https://github.com/BiznatchEnterprises/BlockchainFramework

Do you have any wire frames of the GIU interface or Profit shares platform?
Here is an overview for a custom fund front page. http://shares.bata.io/admin/
An example of some of the account features and layout can be seen here: http://shares.bata.io/admin/account.html

CryptoOz

  • Guest
Bata Profit Share platform Beta Release coming soon. We are aiming at June 1 2017.



CryptoOz

  • Guest
Yobit exchange wallets and withdrawals are back online. Will add back to the website soon.

secco

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  • Yobit exchange wallets and withdrawals are back online. Will add back to the website soon.

    Did they finally update?
    Hacker, Pirate, Milf Hunter, Owner of Bitcoin Garden

    CryptoOz

    • Guest
    Yobit exchange wallets and withdrawals are back online. Will add back to the website soon.

    Did they finally update?

    I believe so, can't say I found out first hand. I was advised by a member of development team. We have not been contacted by YObit.

    CryptoOz

    • Guest
    BTA Development recently has set up a mining pool. Which we will be using as preferred mining pool. Fees are 0.5%.

    We must ensure that we maintain the hashrate for security of the network. Our Hybrid is still on the way, which will strengthen the security of the network, but until then we still need to keep mining.


    http://pool.midnightminer.net/

    CryptoOz

    • Guest
    Development on the BTA PoW/PoS Hybrid is aiming to complete before block 700k (which we estimate at current hashrate will take 22 days to reach.)

    Profit Shares update:

    Sorry for the delays, extensive testing is under-way. Also some recent new improvements are being implemented that will attempt to diversify Profit Share funds between multiple administrators for safety, as well as assist the BTA network maintain network integrity. More updates will be released here very soon... thanks for your patience!


    CryptoOz

    • Guest
    A number of POW cryptocurrencies have attacked recently with a 51% attack.

    We were hit first time and lost a small number of BTA. Bittrex noticing put our wallet into maintenance mode, which we thank them for. We decided to lift the number of confirmations and put the wallet back online.

    More coins started to get attacked, with much higher confirmations, so Bittrex proactively put our wallet into maintenance before we were attacked again.

    For an attack to be worth the time and money, the reward must also be high. We since actively been monitoring the hashrate of each pool and maintaining our own pool with higher hash rates  than any pool approaching the 50% mark. Just over a Bitcoin of hash rentals has been spent since attack to ensure the network security is maintained.

    We have created a second pool which we will also be maintaining.

    In addition I have ordered mining hardware to the value of just under $10k USD, but must wait for delivery.

    We are fast tracking Hybrid Pow/Pos, which the goal is to have in place before block 700k - which is estimated at 20 days or so. This will ensure that BTA cannot be targeted by a 51% attack and strengthen security.

    We also decided that we did not need the extra attention, making ourselves a target again, so Profit Shares release has been delayed until July approximately.

    For the latest updates, please make sure to join the Slack Community.

     

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