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1121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 27, 2014, 01:11:04 AM
From what I can tell... the question is, will this new technology be built into BTC itself, will it be utilized in something like XCP which is built on top of BTC, will it be implemented in another BTC-related way like with sidechains, or will it happen in a separate blockchain like NXT?

Can anyone tell me where Ethereum fits into all of this?  I'm not clear on how it compares.
1122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 26, 2014, 08:57:46 PM










Jbx7yxGqSDvseXM71G89hu2Q2eghzLas9d

Love it, I think it's perfect.
1123  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 26, 2014, 03:54:59 PM
Congratulations!  Looks fantastic!

How often are buy orders placed?
1124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 26, 2014, 03:45:48 PM
Can anyone tell me if WC is still in PoW?

Is hashcows the only multipool?
1125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | PoS | No premine on: April 26, 2014, 02:54:18 PM
The link is working for me but I see a broken image where maybe the logo should be.  Not complaining though.  Glad to have it, thank you.

How many other coins have multipools?
1126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 25, 2014, 09:29:13 PM
Dev's: a few questions please:

1) I saw the "creating an asset" clip. I noticed that dividends can be paid with any currency and not just XCP. what was the reasoning behind this? it would seem that this can be a legitimate area for creating an exclusive need and use for xcp.

2) what (if at all) is in your view the potential affect of side chains on the CP future plans and development. Assuming that the potential security and implementation flaws in that are solved, and it is launched by the end of say 2014?

3) what is the road map for enabling XCP exclusive uses on the CP platform?

4) Are you for example planning to create actual real world samples of XCP exclusive advanced applications (such as advanced financial products and betting applications) or is your role expected to exclusively provide tools for entrepreneurs to go ahead  (or not) and use the platform for development of such products? or is it a combination of both?
 


Hi freedomfighter, good questions!

1. This is how it used to be. However, there are multiple good reasons for allowing arbitrary dividend distribution. We want to make the technology as useful as possible here, and not limit functionality for unnecessary reasons that limit the usefulness of the platform to others.

Insofar as enabling additional uses and business models to be able to work well with the underlying technology, XCP is (and will continue to be) still used exclusively for all binary options (“betting”) and  CFD functionality, and we believe it will show immense value there. Counterwallet will have the GUI for this in the next number of weeks, and there are a number of other (3rd party) efforts here underway in the community that we are aware of.

2. Regarding sidechains, your assumption is a big one. The security concerns around sidechains (and merge mining in general) are significant, especially when we're talking about potentially placing massive value on them. There are also significant economic incentivization concerns as well, given that token seigniorage is a moot point here, beyond that incurred through BTC itself.

However, to properly entertain the question... assuming those are both “solved”, there are two comments we could make here:

a. N-way pegged sidechain technology is a low-level, base technology, not a “shrink wrapped” product.  Thus, the specific offerings, end-user tech (web wallets, etc), community, and more must still be formed around them. The certainly respectable and admirable innovations of the Bitcoin developers aside, this is actually where the majority of the effort lies.

b. if the tech is secure and proven enough, Counterparty could employ a sidechain to get features such as quicker block times, etc. Of course, our use of it won't be in the context of a 2-way pegged chain, for instance, but the thing to understand here is that Counterparty is not tied to any specific technology. We use embedded consensus tech today, but that doesn't mean we have to use it 3 years down the road, for instance, if something else comes along that is decidedly superior. This is an organic effort, technology included.

The major value in what we are building rests on the businesses sprouting up around this, as well as all of the software and product offerings being developed. To generalize that point: the value and longevity of most any technology comes from actual human use and human mindshare, as opposed to being an intrinsic aspect of the technology itself. (Technology people oftentimes do not understand this.)

Given this, our focus has now shifted on utilizing our first mover advantage around promoting and establishing Counterparty as a solid platform for building “Bitcoin 2.0” businesses and applications (and we welcome any and all community support here in getting the word out – it's absolutely critical). As this equity builds, it becomes a positive feedback loop where the businesses building on Counterparty indirectly advocate for it, via the use and support of the tech, and quite often their support of liquidity in the DEx.

3. Covered in point #1. Betting and CFDs are the major things here, which should be in the GUI “shortly”. We also have another very, very interesting development under the works (i.e. in a closed beta) which should bring more value and liquidity to the market. Very excited about this. The person working on this knows what I am talking about Smiley, and can provide more detail here if he so wishes.

4. As the dev team, our mandate is to manage the spec, reference client, website, and counterwallet. Our goal in doing this is to create an open platform that others can use and build profitable business models on. This is already happening (we've had probably 10 phone calls this week with interested entrepreneurs that are already starting to build on Counterparty, and I'll be in SV next week promoting it). We're also started a bizdev campaign. On top of this all, we've had companies starting to offer assets on the Dex, and 3rd party devs are starting to develop their own technology around it. We want to create the base platform and tools that allow users to relatively easily add value. This is where our success lies.

The problem here is that our marketing is currently very much lacking, so word about all of this is not diffusing well. We recognize this and are doing something about it...thus the job post, which is already showing a lot of promise with regard to the responses received. We will also be starting a bi-weekly google hangout show soon, which should better help get the word out about all the great stuff going on with Counterparty.

Hopefully those responses will help. Our bizdev is already ratching up, and marketing will be shortly. However, we need community involvement on bitcointalk and elsewhere to make folks aware of Counterparty. The more people can help spread the word, the better. Smiley



Uproarious applause and kudos to xnova for his professionalism and intellectual ability! Smiley
1127  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | Pow phase over!| PoS | No premine on: April 23, 2014, 04:40:09 PM
Same here.  What signs?
1128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Cinni | Pow phase over!| PoS | No premine on: April 22, 2014, 03:00:11 PM
Any progress on coinmarketcap.com?
1129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 19, 2014, 05:46:04 PM
So coingifts wants 3.5BTC for the ROCKMINER asset.  That seems reasonable to me.  Let's keep it professional.

no it's utterly pointless when there are many other alternatives out there that don't cost 2 g's.

sometimes i feel like very few people on this forum have any common sense.

You can't build a world-class financial framework and expect its participants to give away their assets.  But they might....  If we want ROCKMINER here, we should procure a guarantee from that company and then chip in to buy the asset name.

not smart.

give incentive to bad behavior because the protocol was designed poorly.

The free market was not designed poorly.
1130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 19, 2014, 04:49:14 PM
So coingifts wants 3.5BTC for the ROCKMINER asset.  That seems reasonable to me.  Let's keep it professional.

no it's utterly pointless when there are many other alternatives out there that don't cost 2 g's.

sometimes i feel like very few people on this forum have any common sense.

You can't build a world-class financial framework and expect its participants to give away their assets.  But they might....  If we want ROCKMINER here, we should procure a guarantee from that company and then chip in to buy the asset name.
1131  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 19, 2014, 04:00:15 PM
in my opion a great possibility to get order into the asset exchange:

https://forums.counterparty.co/index.php/topic,220.0.html

My first reaction here is that it adds complexity to Counterparty which it doesn't need.  We should focus on simplicity as much as possible.  IMHO, the simplest, most natural solution is best in situations like this, and that solution is the free market.
1132  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 19, 2014, 03:10:29 PM
So coingifts wants 3.5BTC for the ROCKMINER asset.  That seems reasonable to me.

Buy it now Bid: 10BTC

I don't think anyone else is bidding.  If they do they're hoping to sell for more and that seems like a silly strategy given that the ROCKMINER company hasn't even decided to participate in Counterparty.
1133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 19, 2014, 03:05:07 PM
So coingifts wants 3.5BTC for the ROCKMINER asset.  That seems reasonable to me.  Let's keep it professional.
1134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 19, 2014, 02:39:23 PM
This coin just will not dump.
1135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 19, 2014, 02:17:34 PM
Quote
seems like  people enjoying register so many good assets name."A total of 859 valid #Counterparty assets issued"

is there any plan for those assets to be verified or any solutions in the future?

This problem with  assets name rush registration make people who truly have those assets  have to pay to those greedy registers.

About ROCKMINER ,the CEO of the ROCKMINER said he can  use anther name on Counterparty if he wants issue his stock on Counterparty.

But i dont think that is the best solution for him or anyone who will have the same problem in the future.

We must have seen this coming.  We can't expect users to not do this out of the goodness of their hearts.

coingifts, what would you sell your ROCKMINER asset for?
1136  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 19, 2014, 01:44:12 PM
Quote
Rockminer was considering IPO via CounterParty, it will be ideal for both.

However a user sniped the name, and now the issuer thinks shareholders would be confused having multiple, but similar sounding asset names, and so perhaps might not go ahead, I sent PM to the user, because if he has interests of counterparty at heart he would transfer the asset, however he is too short sighted and greedy and instead wants to sell. He potentially dealt a big blow to counterparty with that move.

I'm OK with free market stuff.  The user should set his price and maybe Rockminer will buy it or the community might pitch it to buy it if they trust Rockminer will really launch.
1137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread on: April 16, 2014, 08:09:28 PM
Isn't there a decentralized exchange working?

Edit: Do I have to download the wallet for that?
1138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread on: April 16, 2014, 07:56:39 PM
How can I buy MSC?  I'm on masterchain.info but I don't see how to deposit BTC and trade.
1139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 16, 2014, 07:28:43 PM
Is this VHS or Beta?

I've mentioned it before and I need to mention it again.  I'm a little dismayed that MSC is moving up in price while XCP is moving down.  I like XCP better for some reason, although I'm not completely sure why.  I think MSC's initial lack of progress turned me off.

Any really sober and unemotional comments on this?
1140  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT NEW Proof Of Transaction - PoT / PoW / PoS UPDATE NOW! on: April 16, 2014, 07:10:47 PM
Cool I like that.
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