BitBay: New wallets released!
Bitbay, an application I've been keeping track of for a while, has been slowly growing themselves under the radar as perhaps the greatest decentralized marketplace nobody has heard of.
They released their new QT wallets recently with a new UI, and this actually runs on my Linux machine. 😬 You will be able to stake this coin on the QT wallet, unlike the web version.
But guys, take a look at bitbay.market if you're interested in going long on a reliable investment. Their features page is nothing to play with:
- Decentralized Anonymous Markets for anyone to start their own P2P marketplace.
- Double Deposit Escrow to prevent scams. If someone scams you they lose their profits.
- Dynamic Peg to eliminate volatility while orders are being completed.
- Anti-Keylogger to prevent stealing of information.
- Tor and proxy options for adding that additional layer of untraceability to your computer.
They say you will be able to buy and sell anything online. Land has already been sold and settled on the blockchain. It makes renting easier, and can just about replace Ebay.
Their biggest competitor is Syscoin, which has a much larger user base because of their marketing. However Bitbay is by far the better product, it's only a matter of time to see who is the champion in the field of decentralized markets.
I will be keeping track of this new technology and showing you guys how well it works as I begin using it. A mobile app will be released in February, and a new Marketplace UI for desktop in March. If you're on this coin, just HODL.
