I think we need a way for users to make their broadcast feeds public and accessible, without creating their own page: To quote user Weex from http://forums.counterparty.co: You're talking about a directory of broadcast feeds? That would be really cool. Each broadcasting entity could have a page listing all of their broadcast feeds, the individual broadcasts, their logo, a link to their website, etc. I actually think blockscan.com is the best candidate for adding this since they already have broadcast feeds. Yes, there should be a way to have a complete and bet-able feed completely within Counterparty without relying on an external feed. I am located in a jurisdiction where I think that running feeds would be construed as running a casino or some BS, and therefore I do not want to have to set up a website (which would be tied to my name in one form or another) in order to set up a feed. I proposed a block hash lottery on github, where few would win a lot. I think this would take advantage of the true potential of XCP escrow. |
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I was discussing this idea with a mate a few months ago.
Well you should have done it. This is great. I love the game, from whenever I saw it in that show. A lot of things can be done on/with the blockchain, people just need to let their imagination loose. Especially feed based betting with full built-in escrow of the funds... I'm waiting for it to take off. Honestly. In Counterparty, anyone can create their own feed for the price of a BTC transaction fee, and anyone else can bet arbitrary XCP amounts which are stuck on the blockchain until the bet is resolved or expires. Example; "Will BTC go over $1000 this year? y=1 n=2" with a value of -1 (so it doesn't resolve a bet), and then you post on the same feed with the resolution of the bet at the end of the year (either 1 or 2) or if it reaches $1000. You can bet on ANYTHING this way. People just need to know that you are a reliable feed operator and wont report the wrong thing (you can charge a % fee for your services). CfDs are also supported, but there is a bug to iron out before they can go online again. On github, I suggested implementing betting on block hashes directly (trustfree) as well, without a feed! This may appeal to the people who find RPS to be too much of a hassle..  For example (I am in no way shape or form connected to these sites, but you can check that they are reliable directly on the blockchain http://blockscan.com ): http://betxcp.comhttp://xbet.io |
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Hello XCP community, We are pleased to announce that we have uploaded a new version for the XBet.IO website. The new version entails several significant improvements. Expect a new major feature to be added in the next couple of days. User feedback is what helps us improve. Your comments are welcome. Regarding this: I think we need a way for users to make their broadcast feeds public and accessible, without creating their own page:
We are working on that feature for a while now, expect an update soon. So glad to hear someone is listening to my immature criticisms (inside joke). |
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Wow, the idea is very good. I just try it, but they always say "No counterparty servers are currently available. Please try again later. ERROR: Request Time out." Personally i want to try, but too bad. I think this better than classic dice game  Where did you see that error? I think the servers were being updated. (The devs are constantly working on it, really, like 24/7.. haha) |
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I think we need a way for users to make their broadcast feeds public and accessible, without creating their own page: To quote user Weex from http://forums.counterparty.co: You're talking about a directory of broadcast feeds? That would be really cool. Each broadcasting entity could have a page listing all of their broadcast feeds, the individual broadcasts, their logo, a link to their website, etc. I actually think blockscan.com is the best candidate for adding this since they already have broadcast feeds. |
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Just a thought, anyone working on a prediction market about global events, stock prices, or anything like that?
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Have you guys seen this? It's peer-to-peer RPS and RPSLS on the Bitcoin blockchain. (and supports bets on the outcome).  http://counterwallet.co |
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I mean I know Vennd helped make the storj and swarm ipo virtually non technical and user friendly. But I still do not like trying to market Counterparty technology to someone who has no clue what a blockchain is like my mother in law.
For people who understand how the technology of XCP functions, it really markets itself... But it's better to give at least some attention to the general public, or someone else might. |
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CP is trying to bring Wall st to decentralized blockchain technology. AJ who doesn't even use E-Trade should not be lured into it. Of course I want it to be as simple and user friendly as humanly possible. But only to the point where people with a basic understanding of this new thing called crypto currencies will want to use.
I think eventually there will be plenty of Counterparty uses, where people don't even have to KNOW that they are using Counterparty in order for it to work. It's just a question of time, really. |
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Other not inconsiderable issues aside, is it me or is the name and colors scheme a bit too feminine? Face it, your initial audience is 95% guys given the current makeup of the crytpo scene. I think that you'll face a hurdle just getting dudes interested in putting a Gem app on their phone. Reminds me too much of the other Jem. http://blogs-images.forbes.com/scottmendelson/files/2014/03/o_jem.jpgBut dude, think of all the crypto babes you could get |
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Legal compliances turned Zurker down, so this one as it's supposed to be decentralized by nature won't be affected by those legal skirmish.
What puzzles me is that Gems is planned to be buildt on top of bitcoin network, which is freakingly slow for instant messaging. I think that's the main flaw in the design.
I'm not sure if this is the case, or how the system works. However: With a decent internet connection and network propagation, zero confirmation transactions take less time than the ability for a human to react. |
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Any objective reason for the increase in xcp price atm?
How is the Overstock deal going so far?
I'm guessing Overstock prefers to stay quiet about its specific deliberations, we'll have to wait and see. Well, crypto exchange rates are not necessarily known for making sense... Maybe it's all the things we don't know about... But here goes: Development is progressing rapidly everywhere! And many XCP projects are making progress. http://storj.io/http://swarmcorp.com/http://getgems.org/http://betxcp.com/(remind me of some other ones in case I'm forgetting something) Also, Counterparty has implemented multi-sig on testnet, and once it reaches the mainnet, it will be a valuable feature for Blockchain-based companies, DAOs, escrows and security conscious individuals. (A multi-signature address is an address that is associated with more than one ECDSA private key. The simplest type is an m-of-n address - it is associated with n private keys, and sending bitcoins from this address requires signatures from at least m keys. A multi-signature transaction is one that sends funds from a multi-signature address.) |
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Good points but you'd need some numbers to really quantify the ability to crack such passwords. A major flaw is relying on their server software to generate the passwords in the first place and can't even generate your own passwords or truly control your own wallet as you mention in #2. We must either use their software which likely still has the major flaws pointed out much earlier in this thread or spend a few years learning to code your own version as they suggest. They didn't care about the third option, turning your back on XCP which people chose instead.
Letting people choose their own deterministic passwords didn't work out very well for NXT. I've seen at least 50 reports of people whose funds immediately vanished because they chose an insecure one. If you are really that concerned about your security, you can add an offline watch-only address and manually sign your transactions (within Counterwallet). Unfortunately we're up against many true believers who blindly reject the idea of pushing the dev's to make counterparty better who have ignored or silenced the voice/s of reason asking for improvements.
Citation? The idea of allowing native counterparty gambling satoshi dice style was another million dollar idea they ignored afaik. They could relatively easily adapt the protocol similar to chancecoins first whitepaper to allow staking coins to back the house to get an average 1% return of all dice style bets that could be made natively by gamblers if the protocol was updated to allow it. I actually suggested something similar. But Counterparty does have trustless betting (rock paper scissors, rock paper scissors lizard spock). Adopting bad advice such as implementing a centralized web wallet,
Counterwallet is distributed across nodes and never handles any personal data. I could not think of a less 'centralized' web interface if I tried. |
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Thanks for being so receptive !
1/ The 12 words password is the first hurdle. I can understand it because it is a web wallet, so the password must be really long. Anyway, I always read than lowercase dictionnary word without special character is crackable. I have no confidence in your password system I didn't see elsewhere, even in cryptoland -> big fail.
Anyway why did you choose a web wallet ?
You're very welcome! The password has to be really long, because the addresses and private keys are generated directly from the password itself. This is the only real way of ensuring that your password is never sent to any server outside of your own computer. Other websites and wallets have a different wallet system, which you are used to, because they store your password on a server and they have access to it. As we know from Mt.Gox, this is an extremely bad idea. On the other hand, Counterwallet is deterministic and uses math to create your account without ever sending your personal information outside of your pc. Your passphrase IS your wallet. And to make it easier to login, Counterwallet now has funcionality where you can use a specially created URL and your own password to access your account. Press the gear at the top right to set this up. 2/ A windows wallet is a must have. Next and Bitshares X have it. For masses, you don't "own" your money if it is not "installed" on your computer and it is not different for having it on an exchange (I know it is wrong). Consequently, I won't invest much.
Counterparty assets can be secured at a higher level than NXT or Bitshares, see the next point for an explanation. Also, if you want a local wallet, counterpartyd is available. This is a reference client that supports all functionality of Counterparty, and connects to Bitcoin Core. However, it is a command line interface and takes a while to set up, which may be confusing to non-technical users. You can also run your own instance of Counterwallet. And while it is possible to do so now, there is development ongoing to make it easier. It seems unsafe to have money here, I can't understand how to back up my money, I am sure I will receive one day a mail saying all is gone due to a hack -> big fail.
Create an offline Bitcoin address, send XCP and assets to this address. Voila! Your XCP and assets are now as safe as cold storage Bitcoins. Just make sure you backup your private key securely. |
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We all know that XCP can or will be worth 100 M$, then 1B$ as soon as and only if XCP is totally user-friendly, like almost everybody is requesting since beginning. It can be a matter of days with just a will. Perhaps a common list of 10 dumbest point that prevent people to use it confortably ? Are devs really aware of theses problems ? I don't see any amelioration coming in the current road-map, full of minor bugs and coding things I am not skilled enough to understand.
Can you list a few of these "10 points" that cause difficulty? I'd be more than glad to explain anything, or create any materials that may help the end-user. If only technical users raise awareness of issues, the focus is going to be entirely technical. It would be great to hear more from the community about how to make Counterwallet more friendly. And I'm sure that in time, other people will create wallets for XCP. NOTE: It is important to remember people are having problems with the wallet program, and not the protocol itself. Counterwallet is just what you 'see', and has no direct effect on the functioning of Counterparty. A user-friendly GUI, and an emphasis on UX (user experience) is the next step, and is actually a separate project that communicates with the protocol (Counterwallet<->Counterparty). A product is never finished anyway, and investors won't wait "ad vitam eternam". Look how DRK is loosing its leadership in the anonymous race with extra-long developments and geeky features, like mixing rounds that only make people wonder how anonymous it is, and spreads doubt and uncertainty when using it.
It is also the case that DRK represents anonymity, which is steadily being implemented into Bitcoin. Once enough 'anonymizing' services and wallets exist, it is not a surprise that DRK value will fall. Additionally, non-Bitcoin based coins and platforms understandably carry a lot of speculation and stigma. Proof-of-work and proof-of-stake clones often follow a pump&dump progression, and from a market perspective, establishing a causal link with any real attributes is often challenging. The market is sincerely waiting for a simpler counterparty or else a more friendly clone will be created in no time.
I am sure that dogeparty or even clearinghouse won't do any coding but will have a perfect tool for dummies, and consequently for masses and then businesses! No need for a simpler or friendlier clone, just various different wallets for different users. How a user interacts with the protocol requires absolutely no change in how it actually works behind the scenes. |
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First off, it is very very unlikely his issue with not being able to enter text into a text field is related to Counterwallet problems. Second of all, we don't know whether his 'missing' BTC are actually missing, have been matched in an order, or anything else. To fix these issues, more information is required.
If you guys are crypto literate and want things to get better, please submit detailed reports of your bugs.
And the ones who are not literate? You are making my point, for me. You are complaining that an open-source software, being worked on by several full-time developers in an attempt to make it more user-friendly, is not user-friendly enough yet. What more can I offer you than patience? Think about it this way, if you shared this mentality in 2009-2010, you probably would not have bought any Bitcoin. Anyone is welcome to contribute in whatever way they can, and want. But the criticism has to be constructive, in order to have any benefit whatsoever. |
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I took the time to read everything on the website ( http://getgems.org/), and on second thought this sounds really fascinating actually. Rewarding people for inviting new users using exodus funds is a great idea. Maybe I'll finally have the chance to make a social media account. (I avoid FB because of most of the reasons explained here.) |
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parker928's experience IS replicated over and over again, without doubt, and is the very reason i personally have been banging on about the client/protocol only being attractive to geeky users who get a kick out of understanding the back-end mechanics, OR, for a company/business to make use of and develop for their own ends.
Again, the technical nature of this excludes a huge demographic either by bamboozling them, boring them, or like me and parker928, completely frustrating them to the point of annoyance.
Again, again, the Devs (and patient others) will be answering people like parker928 for eternity, until the Devs mum and dad are able to make a simple trade without turning to their son/s for guidance.......you have asked your family to engage with the client, while you watch them, haven't you Devs???
Now it may be good to remember that Counterparty is open-source. Furthermore, not to be disrespectful, but did you put this much pressure on Bitcoin devs in the first year of its existence? Just because its early stages of development were too 'nerdy'? Please realize that you guys are screaming insults because of something that started significant development 4 months ago. ( https://github.com/CounterpartyXCP/counterwallet/graphs/contributors). That is hardly eternity. And, more importantly, Counterparty is one of the projects that has a full-time dev team. And unlike pretty much every single other platform launch, Counterparty did not beg the community for money. Progress relies on the input of the community (you) and financial self-reliance. That's right, you're essentially getting this for 'free', and development is further along than many platforms which raised 1000+ BTC in funds. First off, it is very very unlikely his issue with not being able to enter text into a text field is related to Counterwallet problems. Second of all, we don't know whether his 'missing' BTC are actually missing, have been matched in an order, or anything else. To fix these issues, more information is required. If you guys are crypto literate and want things to get better, please submit detailed reports of your bugs. If you think this is frustrating, how do you think the developers must feel about vague descriptions of errors filled with ad hominems and curses. Any time I talk to them, they are busy with coding. Coding what? Counterparty. Counterpartyd is stable and functioning well. Your anger towards a GUI which is under continuous, and incessant, development seems really unfounded. If you want to help, please document and submit your error reports, with as much detail as possible. Ranting really doesn't help anyone. Remember, no software can succeed without people to test it. |
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I think the main issue here is that people do not see the potential of XCP feed based betting, and XCP trustless betting. They focus too much on the 'coin' and 'asset' aspects of it, that the ability to create and place your own bets with only a line of text goes unnoticed.
This functionality alone is mind-boggling.
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At 10 billion units, you could make them indivisible. But I think a lower amount would be preferrable.
I'm interested to see how this project will progress, cheers!
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