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Title: How Seriously Should I Take Counterparty? Post by: KJBit on October 04, 2014, 12:37:04 PM I recently stumbled upon a website called Counterparty (https://www.counterparty.co/ (https://www.counterparty.co/)). They claim to provide an innovative peer-to-peer financial platform that leverages the bitcoin blockchain.
Allegedly, it includes the ability to do the following, among other things: - Token/Asset Creation - Create your own currency (coin) - Issue a crypto-equity (and easily pay dividends to shareholders) - Decentralized Exchange (DEx) - Trade BTC directly for any Counterparty created asset - Peer-to-Peer Betting - Binary bets - Contracts for difference (CfD) All of this sounds very exciting to me. But the problem is, since I'm new to this whole crypto-based technology thing, I am not able to make an educated call on how seriously I should take this technology/service. So can somebody with more experience in this field tell me what are the future prospects of Couterparty? Since this is supposed to be a decentralized service based on bitcoin blockchain technology, can I expect it to be relevant as long as bitcoin is relevant, at least? My main concern here is, if I were to issue a cryto-equity on a real business I own (it's just a blog, nothing too big), using counterparty, can I expect this thing to be around for let's say the next 5 years at least? Your reply will be appreciated. Regards, KJBit Title: Re: How Seriously Should I Take Counterparty? Post by: newIndia on October 04, 2014, 01:18:35 PM I recently stumbled upon a website called Counterparty (https://www.counterparty.co/ (https://www.counterparty.co/)). They claim to provide an innovative peer-to-peer financial platform that leverages the bitcoin blockchain. Allegedly, it includes the ability to do the following, among other things: - Token/Asset Creation - Create your own currency (coin) - Issue a crypto-equity (and easily pay dividends to shareholders) - Decentralized Exchange (DEx) - Trade BTC directly for any Counterparty created asset - Peer-to-Peer Betting - Binary bets - Contracts for difference (CfD) All of this sounds very exciting to me. But the problem is, since I'm new to this whole crypto-based technology thing, I am not able to make an educated call on how seriously I should take this technology/service. So can somebody with more experience in this field tell me what are the future prospects of Couterparty? Since this is supposed to be a decentralized service based on bitcoin blockchain technology, can I expect it to be relevant as long as bitcoin is relevant, at least? My main concern here is, if I were to issue a cryto-equity on a real business I own (it's just a blog, nothing too big), using counterparty, can I expect this thing to be around for let's say the next 5 years at least? Your reply will be appreciated. Regards, KJBit Is not counterparty itself a crypto corrency ? I saw this name on Coin Market Cap. |