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281  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 21, 2014, 06:06:34 PM
Food for thought, and why using the BTC Blockchain is a good idea.

Linked by Gavin in his AMA:

"Distributed Consensus from Proof of Stake is Impossible"
https://download.wpsoftware.net/bitcoin/pos.pdf
282  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 20, 2014, 04:17:11 PM
Speaking of upward pressure on XCP, have you guys seen this?  Smiley

"bitSIM will enable anyone with a mobile phone to securely own and perform Counterparty and Bitcoin transactions and streamline access and control of their Blockchain Assets. Vennd.io will provide the basis for liquidity providers to list their assets on a secondary market rather than a centralized registry. Details of the first instrument to be listed for sale will be released in the following weeks."

http://www.bitsim.co/
283  Local / Altcoins (Deutsch) / Re: counterparty?? on: October 20, 2014, 04:13:28 PM
Overstock hat vor kurzem bekannt gegeben, dass sie evtl Firmenanteile (oder stocks) über einen der Beiden oben genannten verkaufen wolle.
https://poloniex.com/exchange/btc_xcp
hat ja einen immensen Druck nach oben ausgelöst...

Es kommt noch mehr... Vennd und BitSIM setzen sich zusammen, damit man auf fast jedem Handy der Welt Bitcoin, XCP und Counterparty Tokens handeln kann. Das programm ist dann direkt in der Simkarte selbst...

http://www.bitsim.co/
http://bravenewcoin.com/news/vennd-powers-next-gen-crowd-funding/

Das Vennd team ist top, und ich kann mir gut vorstellen, dass es noch mehr Druck nach oben geben wird.
284  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 20, 2014, 01:58:42 PM
Think about it, 1500% within less than a year and it's not even mainstream.  Cool
285  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SWARM] Swarm - Cryptoequity Crowdfunding - Official Thread on: October 19, 2014, 09:58:55 AM
I've been following SWARM since before it was even official, and the SWARM team is clever and motivated so I don't really understand the whining here. It appears people want things to happen instantaneously, without giving that much thought.  Huh
286  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 16, 2014, 10:24:12 AM
What if the US doesn't approve Overstocks Counterparty business plan what will happen to Counterparty? If the partnership between Counterparty and Overstock doesn't work out is that the end of Counterparty?

It will definitely not be the end of Counterparty. Government regulation cannot stop peer-to-peer innovation, only slow it down and demonize its users. And so far, this strategy has not worked in their favor. Much like Bitcoin, XCP is here to stay.
 
287  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 15, 2014, 02:57:12 PM
I have read the "18 Myths" article and  they seem to brush it off, but I was wondering if that is true. Is it slower than BTC and if so, how much slower?

Sending and receiving XCP is the same speed as BTC transactions, because they are BTC transactions. Trading on the decentralized exchange is slower than centralized exchanges, and most other features take longer than centralized approaches. This is a necessary sacrifice for the security and reliability of a decentralized system.

Also, would my coin be offered on the XCP system only and is that community large enough for a successful coin? I understand that it can be on an exchange (Poloniex) if, I assume, some sort of criteria is met. Are there other exchanges possible as well?

Recently XCP has experienced an upswing, as Overstock has begun cooperating with the Counterparty team. You can be part of the rapidly growing Counterparty community, but your target demographic could include anyone, and you can create gateways to even let people buy tokens with non-crypto currencies.

Finally, as hard as I have tried, I cannot seem to find a straightforward (and believable) answer regarding that Reddit post of a couple of days ago. This one:

http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/

Could someone either tell me the story on this in an easy to understand manner or point me to somewhere where it is addressed in such a way. 500 pages on this forum is quite a milestone, but it is also tough to pin down specific answers.

The Counterparty team never issued such a warning.  And if I remember correctly, the blacklist is only there because of the WAY data is encoded, not because of what is encoded.

P.S: Counterparty is not a company, nor an organization. XCP is essentially an open-source community that never raised any funds, or sold any product.
288  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 11, 2014, 02:56:26 PM
Can anyone explain me where i find the XCP wallet? I bought some XCP on BTER and want to put it cold storage.
I only see github links but i cant compile.

If you want to put it into cold storage, you can put it on any BTC address where you own the private key. If you want to retrieve your funds from cold storage, you can then import the private key into http://counterwallet.io.

Or you can create an armory offline address:
http://support.counterparty.io/support/articles/5000004858-cold-storage-of-counterparty-assets-btc-using-armory-
289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 10, 2014, 06:25:28 AM
Call To Action: It is time to review all repo-based bitcoind & bitcoin-qt packages. Packagers are slipping things in...
http://www.reddit.com/r/Bitcoin/comments/2isd06/call_to_action_it_is_time_to_review_all_repobased/
290  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 10, 2014, 05:42:10 AM
I am translating XCP wallet to Chinese, it is a great project! Cheesy

Thank you! That is one of the most important steps for Counterwallet right now.
291  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 07, 2014, 09:16:18 AM
My estimate is 1 XCP = 10 BTC. But then again I've been called insane before...  Roll Eyes

You are insane (calling again Grin)

This is a game changing development. Congrats to the whole Counterparty team.

Yep.

Since we can expect lots of new users to get curious about Counterparty, I am reposting this article with a slight update. Here are 15 Counterparty Myths and their responses:

http://coinedtalk.com/12-myths-about-counterpartyxcp/
292  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 07, 2014, 09:10:50 AM
My estimate is 1 XCP = 10 BTC. But then again I've been called insane before...  Roll Eyes
293  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: September 30, 2014, 08:32:51 PM
Seems reddit is getting into the cryptosecurity game. Wouldn't Counterparty be the best option for this? http://techcrunch.com/2014/09/30/reddit-scoops-up-50m-series-b-from-sam-altman-a16z-sequoia-at-500m-valuation/
Either theyll use Counterparty or run into high development costs or unforeseen problems (such as centralization). Interested to see this play out.
294  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: September 28, 2014, 03:42:03 PM
i call bullshit.

i have been using counterwallet, dogeparty and clearinghouse lately to gather info for a report i am writing, and i have to say XCH is the best out of the 3

not only is it fast, but the dev's are responsive and have fixed some of the issues with the wallet.

it is a BREEZE to use. i know there is a slight advantage to be using BTC for dividend payments, but not having to sit there and waste 10 minutes of your life that has real value to people.

Well, Counterwallet != Counterparty. The status of any given wallet in no way shape or form represents the actual protocol or its functionality.

Also, shorter block times have some very negative aspects:
- Requires increased bandwidth (internode communication).
- More forks & re-org time = More wasted hash-power, causing lower effective security.
- Shorter blocks mean more confirmations are required.

Not to mention that the Viacoin team apparently accepted funding and sold XCH. (No proof-of-burn). I sadly do not see any benefit.
295  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][GEMS]| SOCIAL MESSAGING APP OWNED BY THE USERS | Gems public sale | on: September 27, 2014, 04:37:20 PM
I would be concerned that a future btc update would break counterparty, hence GEMS.

Sorry but that is not possible. There are endless ways to encode data in transactions, and they are required for Bitcoin to work at all. Counterparty is here to stay.  Smiley



296  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: September 27, 2014, 04:34:32 PM
Hello good day imagine this wallet must have some kind of personal problem with me. I'm still having the same problem accessing the wallet, it hangs and does not how to use it and the same thing happens when using another browser.
Ideas of what could be the problem?

Try going to Counterwallet, and pressing CTRL+F5 to refresh the page and clear your cache. Then try to login again. It's possible this may work.
297  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: September 27, 2014, 01:55:26 PM
I feel like complaining about BTC being too slow completely and entirely misses the point and magnitude of its innovative properties. It's like being suddenly confronted with a flat screen HD TV when the pinnacle of technology you've encountered was a radio, and the only thing you have to say is "ah but you can't smell the contents".  Roll Eyes

Bank to bank transfers across countries take days if not weeks.
Bank to bank transfers in the same bank take like 10 minutes.
Credit card transactions take months to confirm.

It's really ridiculous, and the only people that HFT benefits are those with tons of money to begin with.

Besides, absolutely nobody is stopping people from creating a very low latency Counterparty asset exchange(s) (off-chain).
298  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: September 25, 2014, 11:30:55 AM
You guys probably be surprised how some multi-million (if not billion) international finance companies use outdated software which allows any schlub with a google search and copy paste to send and execute malicious code. Even if fixes were available, they literally didn't update their software for whatever reason. (or because, I kid you not, they did not like the new version). In some cases direct execution and grabbing of any data could be done through a spoofed email to pretty much anyone in the staff...

It's like looking at a tank from the outside and realizing that inside everything is taped together with duct tape.

Counterparty has plenty of room to prove itself... And as long as the Bitcoin blockchain has stability and integrity, XCP will also, and that's a mighty cow to tip.
299  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: September 25, 2014, 09:21:45 AM
In regards to the DEX, it seems to be best for large transactions. This thread suggests that centralized exchanges place larger orders on the DEX when placed in their own order books: https://forums.counterparty.co/index.php/topic,661.0.html

I especially like Counterparty for betting, especially with large amounts. There is no chance in hell I would trust a centralized betting site with 1+ BTC. Betting that I can trust some usually anonymous server operator is not something I would like to gamble with. Not only do they charge ridiculous fees, but they could also skip town with your cash any time.

300  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: September 23, 2014, 11:24:54 AM
Poloniex has added SWARM trading: https://poloniex.com/exchange/btc_swarm
 Shocked
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