Ethercoin is an asset backed by ether, which does not exist yet itself. Same shit different name. Look what the "Devs" said. This alone explains what they have in mind. Huh? |
|
|
|
Announcement (cross-post): v9.47.0 is out. See the CHANGELOG for details.
Most important changes: mainnet multisig support and numeric asset names (both will go live with block 333500).
https://github.com/CounterpartyXCP/counterpartyd/blob/master/CHANGELOG.md- multi‐signature address support (protocol change: 333500)
- numeric asset names (protocol change: 333500)
- kickstart functionality
- better process‐locking
- improvements to documentation
- graceful shutdown of processes
- faster server startup
- support for jmcorgan Bitcoin Core fork for block explorer
- change first testnet block to 281000
- make protocol changes always retroactive on testnet
 Note: The numeric assets are FREE to create. (Only a BTC transaction fee is required.) |
|
|
|
The main component of Ethereum is the smarts contracts system. It's a scripting language and EVM (virtual machine). This allows you to create autonomous contracts between two or more individuals (or just one, in some cases). They work much like real life contracts. The terms are stated and agreed upon by everyone, and the Bitcoin network and EVM ensure that everything in the contracts is automatically executed and verified. This makes it possible to create financial instruments, and decentralized applications (dAPP). For example you could create a Bitcoin lottery, which is 100% fair and escrows user funds. Or options, futures, satoshidice.... It's turing-complete, so you can create pretty much anything. The only limitation is the cost of "gas", which is required for each computational step. All contracts are executed by all computers on the network, and form a verifiable consensus. You can also do this on Bitcoin (with Counterparty): http://counterparty.io/news/counterparty-recreates-ethereums-smart-contract-platform-on-bitcoin/But it's still on the development test network, since it has to be audited for security purposes prior to release. |
|
|
|
My to-do, inspired by this thread: - Fly above the haters
- Score cheap coins.
- Wait for XCP devs to wizard contracts support into completion and send XCP to a gazillion digits
|
|
|
|
|
If you want to stay on top of the ball, believe the devs when they say "major announcement" and subscribe to e-mail updates on github. That's how many people found out. It's not some secret skull and bones club... If you're doing trading/short-term investment (<1 year), then it's advantageous to keep informed.
There's also a newsletter on Counterparty.io for example. With regular dev and community updates... as well as news.
|
|
|
|
|
Not recognizing true value of XCP is my favorite thing about crypto market psychology.
|
|
|
|
Interesting that it states that Paycoin will be built right on top of the Bitcoin blockchain, apparently like Counterparty without a sidechain?
This is not the Paycoin thread, and Counterparty does not have a sidechain (and is not on a sidechain). |
|
|
|
XCP is going to #2 market cap. Give it a month or two.  I'd say six months... possibly a year. 0.01800 2176.307 39.17353BTC Nice sell wall on BTER... Someone really want to push the price down...
Great. I'll pick some up. |
|
|
|
Sidechains are highly theoretical and still have major security concerns. However, if these problems can somehow be overcome, we'd certainly consider moving to a sidechain [...] but there is a major security advantage to running on mainnet, especially for the lower-frequency, higher value type financial transactions that are our target.
|
|
|
|
Thanks to Bitcoin I actually have something to greatly look forward to next year when the stock market crashes, not worried at all!
I hope it's around the same time Counterparty's Medici shows up. |
|
|
|
It took me quite some time to realize that you can sign up for official Counterparty news updates via email. It's at the bottom of the page, if anyone else missed it: http://counterparty.io/ |
|
|
|
I was going to invest in this one but I decided not to seeing NXTTY unable to get past even 5,000 downloads. ai think this is a one in a thousand chance of getting traction.
Social media campaigns need LOTS of real-life traction, sticker giveaways, campaigns, posters, conferences, contests, etc... And lots of user buzz. Look at how Reddit got started for a good 'guide'. |
|
|
|
I've read that currently that's the limit as a result of the Bitcoin protocol (and how Counterparty works), although it's only temporary. edit: clarification |
|
|
|
XCP - No premine, No IPO, the second generation bitcoin.  Well, I've really never liked the term Bitcoin 2.0. It implies that it's being replaced. Counterparty is more like a financial toolkit (Bitcoin + other features). |
|
|
|
If I pick up a few XCP am I limited to an online wallet? Or has anyone developed an alternative. I prefer to keep my coins offline. However, this is more an asset and so I presume exists almost as if in the cloud?
XCP, and all assets are stored on the Bitcoin blockchain. So any Bitcoin address where you know the private key is fine. If you are not opposed to command line clients, you could also run Bitcoind and Counterpartyd locally. https://github.com/CounterpartyXCP/counterpartyd |
|
|
|
We have enabled full multisig support in Counterwallet. You can create multisignature addresses, view their balances, create transactions and sign them within the wallet. These features are currently available only in develop. Feel free to give them a try and report any bugs you encounter. Hurray! |
|
|
|
|
I really like that XCP = Deflationary Smart Contracts Fuel.
That leaves a lasting impression.
|
|
|
|
|
TileCoin makes people so angry. That's fascinating.
|
|
|
|
|
Show Posts
