If anyone is wondering how to use specific features or anything, I can make an explainer video soon enough. Can you guys let me know what you would like to be included?  What a great idea! very important for adoption! I think a good place to start is xbet.io Could you make a video on how to bet using xbet? many people need this and i think a video is the best way to go. Okay. I haven't used Xbet but I will try. Can you do a Step by Step buy and sell assets video? The way they have them matched can be a bit confusing and exact explanation would be great. If you want you can buy some of my stock for a example and I will give you a discount for the good deed.
No need to give me a discount. I am doing this to help adoption of XCP.  P.S. To anyone wondering, NICEPLUM assets do not represent ownership of Niceplum or ownership of rights of Niceplum. All holders of NICEPLUM coin receive distribution payments from profits of Niceplum music. It's a COIN that pays out from music profits in XCP. |
|
|
|
|
Would there be any way to integrate XBTC into the protocol directly?
|
|
|
|
If anyone is wondering how to use specific features or anything, I can make an explainer video soon enough. Can you guys let me know what you would like to be included? |
|
|
|
can you explain the difference to bitshares?
To be perfectly honest I have no idea what bitshares is doing. There are so many different types of shares (X, XT, XTS, AGS, PTS, Protoshares, etc.) and it confuses the hell out of me. They're also changing their idea constantly. They want to create 8-9 different blockchains, and a system called DPOS where people VOTE on blocks (sort of like mining by hand? or something). Im fairly sure nobody really understands BitShares. |
|
|
|
Really? Satoshi didn't create BTC to get rich? Have you asked him why he hasn't distributed to charity the 1 million or so btc he mined?
As far as I know, none of Satoshis funds have been moved. This ensures the safety of the value of Bitcoin. If the 1 million started moving, faith in Bitcoin would be destroyed. you probably don't get that and that is why xcp will continue to devalue relative to btc. (hey if i am wrong i have a shit ton of xcp  ) currently the only inherent value is attached to the issuance fee... oh those greedy developers making people pay a fee. That the only value is attached to the issuance fee is absolutely false . First of all the XCP fee is destroyed, and not sent to anyone. The inherent value is that it's 700% faster, easier, and cheaper to use for Counterparty features than BTC. It's necessary for many Counterparty features. Phantomphreak already addressed this several times in this thread. Counterparty started out fair in every aspect, including letting people use Bitcoin without restriction. This establishes XCP with its legitimate starting value. Some reasons why XCP has value:
1) Trading with XCP on the distributed exchange is (and always will be) cheaper and faster than with BTC.
2) You can use only XCP for making bets, CFDs and asset callbacks. Forthcoming complex features and financial instruments will also likely be restricted to denomination in XCP.
3) All future proof-of-stake voting, e.g. for protocol changes, voting functionality, DACs, etc. will be determined by XCP holdings.
XCP is the native currency of Counterparty and its sole first-class citizen. If the Counterparty protocol has great value (as I'm sure that it does), then so does XCP.
P.S. Please explain how artificially limiting the features of an open-source protocol is a 'rational economic decision'. If enough people use it, then enough people will implement a different solution which will result in a flash-crash because of the artificial limitations. Is that rational? No, it's called a pump and dump. Look at the post above mine for a good explanation of why Counterparty has legitimate instead of artificial value. This is the reason why I listed my assets on Counterparty, and only Counterparty. Bitcoin is money for a free market. Counterparty is the market for a free society. |
|
|
|
i dont recall that the 0.3% is taken on btc trades, only meta coin trades. then the msc fee is burned which lowers the total supply of msc.
Sorry, but it's true.  The BTC fee isn't burned though, it goes directly to J.R. Willett.  i don't see a well thought out economic model for xcp. don't take offense guys, we all have met in person, but this part needs to be boned up a lot if you all are going to be able to eat.
P.S. Your point is actually exactly the same I have been trying to make. Mastercoin was made to pump its own value artificially and make MSC holders rich at the expense of others. Just because Counterparty isn't fuelled and motivated by greed, does not mean it doesn't have inherent value. Satoshi didn't create Bitcoin to get rich, and Counterparty devs did not create XCP to get rich. They want to make the ecosystem healthier and a better place, not run a get rich quick scheme..... There's enough pump and dumps around if you want to focus on that... |
|
|
|
As you can see from the post just above this, there is a reason for a comparison style chart and really the effort should go beyond that into more detailed comparisons of each project, including usability.
Competition is a sign of a market maturing and I personally can't wait for a little more of it. Competition has moved the 2.0 space forward dramatically already and it will continue to do so in the future. It's important that people have a number of platforms to choose from so that they can work through their decision making process and choose whatever solution is best for their needs.
You should probably also mention the following:
- NXT only supports trading between NXT and assets, not assets with assets. Counterparty supports trading between Bitcoin, assets, and XCP
- Mastercoin requires you to send a small amount of BTC to the founder every time you use its features. They claim this is necessary, but Counterparty doesn't do it.
- Mastercoin will charge 0.3% for trading Bitcoin as well as user-created assets. Counterparty does not.
|
|
|
|
Diese XCPs (der Währungsteil) ist der als allgemein gültige Kryptowährung gedacht oder nur auf den XCP Handelsplattformen gültig?
Eigentlich beides. XCP wird gebraucht damit viele der aspekte von Counterparty ueberhaupt funktionieren koennen. Es kann natuerlich auch als normale Kryptowaehrung benuetzt werden, aber XCP ist eher als interne Waehrung des Counterparty protokols gedacht. Alle Bitcoin addressen sind XCP bzw. Counterparty addressen. |
|
|
|
"SOVA - UHU - OWL" by Milan Lukáčhttp://filipmartinka.com/1.jpghttp://filipmartinka.com/4.jpghttp://filipmartinka.com/2.jpghttp://filipmartinka.com/3.jpg
Measurements: 32x19x14cm
Estimated value: 26 BTCThis is your chance to own a true piece of Eastern European culture. While original sculptures by this artist are difficult to come by as it is, this bronze sculpture is one of only TWO ever made. The other is in private possession of the artist himself. No more can ever be made, as the original form does not exist anymore. This owl, like most of the works of Lukáč, represents the struggle of people versus political oppression. It is an archetypal symbol of wisdom and knowledge. Milan Lukáč (born 1962) is the sculptor of the Holocaust memorial on "Rybné námestie" in Bratislava, Slovakia. He has also sculpted the "Iron Curtain" monument close to Devin Castle, near Bratislava, which was unveiled by the Queen of the United Kingdom, Elizabeth II herself. In 1995, Lukáč sculpted a bust of Pope John Paul II, which the Pope personally received during his 1995 visit to Slovakia. Other well-known public works: 1998 - Monument for political prisoners in Žilina, Slovakia 2000 - "Der Punkt", Monumental sculpture in Donaustadt, Austria Awards: 1985 Prize for the Young Sculpture, Académie des Beaux-Arts, Paris, FR 1988 Prize "Martin Benka", SK 1990 Prize "portrait Paul-Louis Weiller", Académie des Beaux-Arts, Paris, FR 1992 Laureat d´Eurocreation, Niort, FR 1993 Artist Studio, Kulturkontakt Vienna, AT 1997 First Prize Holocaust monument, Bratislava, SK 1998 Prize Itineraire, Salon Levallois, FR
|
|
|
|
What happened to this coin, the price keeps going down.
Even though that's not really accurate... People either don't know about it, don't understand it, and/or have alt-coin fatigue. Give it some time. P.S: The people who do the most trading are not necessarily the most technically skilled. We can expect a lot more activity once counterparty becomes more understandable to end-users and people from the finance sector. This is something we have seen / are seeing with Bitcoin. However, because the fundamentals are already accessible, we can expect this paradigm shift to happen in a shorter time frame. - The Internet was initially for 'hobbyists' who understood enough about Computers to make it run. Now the majority of people have some form of internet connected device, and can use it easily.
- Bitcoin started as a form of 'monopoly money' that people were using like gold in a MMORPG. You had to beg for someone to sell you a pizza for 5000 BTC. It worked, but it wasn't easy to understand and its value was not recognized.
- Counterparty started with incredible code voodoo that accomplishes exactly what it claims. There were no promises or persuasion tactics made. XCP has competitive advantages in its field, in that it is the first and only working peer-to-peer financial market. It is a unique new concept, built using Bitcoin like Bitcoin was built using the Internet. It is progressively getting easier to use, but at the moment people cannot yet intuitively grasp this concept.
tl;dr: If you were asking questions like this when Bitcoin started, you would have probably missed out on a great opportunity. |
|
|
|
So we are less likely now to be kicked out of Bitcoin protocol by its devs?
Counterparty was, and is fully safe. It was misinformation, FUD and sensationalist reporting. |
|
|
|
please explain to me how I can store my XCp on my computer. I cannot find a wallet for my windows 7 computer.
I am totally confused. Is their actually a functioning wallet I can use to store XCP ?
Is XCP related to bitcoin ?
XCP is the internal Counterparty currency and technically "a part of Bitcoin" and can be stored on normal Bitcoin addresses. Maybe this can help: https://www.counterparty.co/get-started/There is also a web wallet: http://counterwallet.coYou can send XCP to any Bitcoin address and redeem them later, as long as you have the private key. |
|
|
|
One of Swarm's main focuses for the next couple months will be improving the user experience around Counterparty, after which we expect that no one will be able to say that NXT or any other altcoin has better UI.
Top notch. I knew this was just a matter of time. |
|
|
|
|
I really don't understand this flood of NXt posts here...
I mean, I was fairly interested in NXT, but they ended their funding process sooner than officially announced. As a result, 71 addresses owned 100% of the coins. On top of that, proof-of-stake rewards those who are holding the most coins.
This is more unfair than all the childish "I'm going to sell all XCP I got!" threats here. I mean, if you're ready to dump your stock so quickly simply because of a personal disagreement and/or misunderstanding based on vague forum posts, then I would be scared for NXT holders worldwide. What if you suddenly decide to dump those? Besides, if I wanted a currency where 10% own 50% and the rich get richer, I'd stick to the U.S. Dollar...
|
|
|
|
|
It's irrelevant how high the competition can climb, but very important how hard they can fall. I'm sure people investing in Madoff were also like "wow look at all the money!" before everything broke apart.
Sorry to be so blunt, but Counterparty is not another pump & dump coin. You can't expect it to explode to the moon and back underground within a week. It's a working, developing eco-system. If you want a quick buck, go buy BillCosbyCoin or whatever the day its released and sell it once it hits coinmarketcap. If you want to be part something greater, use and expand Counterparty.
It doesn't take that much research to realize Counterparty has serious competitive advantages and will be around for quite a while.
|
|
|
|
I have just read the last pages, and I am in a very bad mood...
Guys, we must recognize that Counterparty is very useful but XCP is useless.
Even Swarm won't use XCP, and community even thinks it is better for XCP because of risks ?!...Are we kidding ?
What happens with community's minimal ambition, competition and risk tolerance ?
Did you notice that even Maidsafe is ahead us !!! What a "chaotic IPO" !!!!
Nxt is 10 times more valuated, and its assets exchange, which was after CP, is not better but far more used now. Battle lost.
Sorry for be provocative, but we can't have a XCP as low as 0.0035 BTC anymore, it is insane. It should be in the top 5 easily NOW.
XCP is a necessary intermediate for escrow and other functionality of Counterparty, and it opens up a lot of possibilities for future uses. It's part of how the protocol works, the market hype is hardly relevant to that. Every time someone wants to create an asset, 0.5 XCP is destroyed which increases scarcity. So while it is necessary for internal functionality, it will actually become more valuable as people create more assets. Please look into all the ways that XCP is used... For example, the potential for prediction markets without central control is massive. Counterparty is the only feature-complete decentralized asset solution on the market, so why are you comparing it to projects that do not have any of the existing features? Because they spent most of their funding on marketing instead of results? Because market traders are not going crazy over the value? Because they promised you something years in advance? Counterparty works, the rest only makes promises. Bitcoin took years to become noticed, and XCP is still in the early phases. Why do you expect Counterparty to immediately go to the moon? This is not some marketing-fuelled smoke and mirrors pump and dump, its real... Once people stop the 'hype' and actually try using the features, they may notice that only Counterparty provides what they need to conduct their crowdfunds, DAOs, distributions and decentralized bets. I think you are too impatient, and more concerned about personal profits than how useful the existing functionality really can be. |
|
|
|
I can't take the lies anymore. Go compare NXT's UI ( http://nxt.org) to Counterpary's UI. NXT's is definitely winning on the UI front. Counterparty has feeds, betting and CFDs, which NXT doesn't do yet. NXT has a decentralised asset exchange with faster trading via 1 minute block times and doesn't waste any energy because it's proof-of-stake. Counterparty has 10 minute block times and relies on Bitcoin, which requires a couple nuclear power plants to run. I would not say Counterparty is the most "technologically advanced" either, since it's simply embedding it's protocol inside Bitcoin, something that has disadvantages. Sure it means less code and less work, but it also means some tradeoffs. There are advantages and disadvantages when comparing Counterparty with other decentralized exchanges. NXT is by far the most user friendly I have found. Well. The NXT decentralized asset exchange only supports trading between NXT and assets, not assets and other assets. It also doesn't have automating distribution payments (dividends). Not to mention, there are various security issues with NXT, such as address collisions. These are very important factors to be considering, and are quite a bit more significant in the grand scheme of things than whether a block takes 1 or 10 minutes. From a financial perspective, NXT is much worse. All existing NXT coins were distributed across only 71 different addresses, and remains very centralized today (from a financial perspective). Not only that, but reliably forging NXT blocks requires a lot of NXT, making the rich richer. This is made worse by making it possible to 'lease' forging power to other users, which makes mining pools more popular. So in summary, NXTCoin is missing 95% of Counterparty features, makes the rich richer, is objectively less secure, and encourages mining pool centralization and forging multiple times simultaneously. Presumably that's why they decided to call it forging. |
|
|
|
He says he placed two buy orders for two tokens and one of the orders ate his btc
It really sounds like he is trying to scam you. This situation does not seem logical. Since months I have been buying and following XCP. At the moment my faith in succes is getting lower and lower. Being a technical noob myself, I can only come to the conclusion; XCP is way to technically complicated for the regular human being to become a big succes.
Have you tried Counterwallet? In my opinion it isn't any harder than using a regular Bitcoin wallet whatsoever. Can you please explain what you think is too complicated? What kind of video tutorials would you like to see? I will gladly take the time to explain if need be. Also, the counterpartyd protocol does not have to be understood by everyone. The point is that it works. More and more higher-level applications and graphical user interfaces will be built, making it super easy for the end user. SWARM will make crowdfunding easier to use, and VENND will make buying tokens as easy as sending BTC to an address. Instead of concluding something based on no argument provided, it would be beneficial if you pointed out what confuses you, so that we can work on explaining it to the community. |
|
|
|
Ok, thanks.
Kind of disappointing that it must be a URL and not live entirely within the XCP protocol. I understand the need/desire for metadata, but there are some bets that are fairly simple and IMO should be able to fit within the constraints of a simple Text Label and Value pair, given that certain metadata (date/timestamp etc.) is embedded by nature of the protocol anyway. Also, the need to specify an end date or recurring interval is kind of iffy for Bitcoin Difficulty, since each interval could be anywhere from 10 to 16 days, although generally it has been in the 11-13 day range lately.
It's entirely possible to implement something like satoshidice or other betting types using fully peer-to-peer technology. Counterparty has all the fundamentals laid out already. I'm pretty sure we will be seeing something like that in the future. So far the development of the counterparty protocol has exceeded my expectations, and I don't see a foreseeable reason why that would change. |
|
|
|
|
Show Posts
