[ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread

[bassclef]

Keep selling guys, there's always someone with stronger hands at the other side.

or a much stupider hand, you know, it could turn out one way or the other.

if XCP was a sure thing, everybody and their mama would have some by now.

If there's a sustained BTC bull market, the good altcoins will likely get a pump, XCP included. Right now money is coming out of alts, into BTC.

[sparta_cuss]

this looks like a great project, but how can it be monatized.

How can what be monetized? You can create businesses that use "pure Bitcoin" features of Counterparty (assets, trading, broadcasts) or more advanced XCP-enabled features (smart contracts, betting, distributions). How you 'monetize' them is entirely up to you. Maybe I'm misunderstanding you?

Counterparty as a project itself is 100% open-source and non-profit, like Bitcoin. You cannot 'monetize' Bitcoin, but you can create projects and exchanges which profit from using it. Does that make sense?

Perhaps Stanley_Cold was asking more specifically about how XCP, the currency, not Counterparty, the protocol, has value.

[supersuber]

Big shoutout to CoinDesk for their article on CoinDaddy.io http://goo.gl/rweFhH  #CoinDesk #Counterparty #Dogeparty #CoinDaddy #Bitcoin

[CryptoClub]

Price looks good to me, I am in. Not going to miss the next run up.

[dexX7]

It would be nice to get a working http://redeem.bitwatch.co/ or else get Counterwallet to work properly with that. Because it doesn't work right now, and its irritating and makes trading on Counterwallet rather unaffordable/impractical compared to your competitors.

Hey there,

I maintain redeem.bitwatch.co. Last I checked, which was some time ago though, it worked with Counter Wallet. Which problem did you face?

[coinomat]

Anyone know situation of Bitnplay poker site? Was that scam? No any reply in any forum in one month.

https://bitcointalk.org/index.php?topic=906413.0
http://forumserver.twoplustwo.com/28/internet-poker/bitnplay-1499482/index4.html
https://forums.counterparty.io/t/ann-bitnplay-a-new-age-for-poker-partner-tokens/676

[pankogulo]

Counterparty Update, Mar 6: Desktop Wallet Release Preparation, New Counterparty Blockchain Explorer, Developer Specification & More: http://counterparty.io/news/counterparty-update-mar-6/

[nutildah]

It would be nice to get a working http://redeem.bitwatch.co/ or else get Counterwallet to work properly with that. Because it doesn't work right now, and its irritating and makes trading on Counterwallet rather unaffordable/impractical compared to your competitors.

Hey there,

I maintain redeem.bitwatch.co. Last I checked, which was some time ago though, it worked with Counter Wallet. Which problem did you face?

It may be a problem on my end. I'll have to update my Java or browser and get back to you. In any case, thanks for contacting me.

[Evil-Knievel]

This message was too old and has been purged

[coinomat]

Counterparty Update, Mar 6: Desktop Wallet Release Preparation, New Counterparty Blockchain Explorer, Developer Specification & More: http://counterparty.io/news/counterparty-update-mar-6/

Well ... this is how the GUI looks like now:

https://i.imgur.com/zgGhVJW.png

It definitely needs to get more sexy (visually) and we really need Trezor support.
Me for example have loads of XCP loaded on my trezor and no idea how to get them off there.

Are you devs making next some smart contract settings to this wallet? What is real situation now with smart contracts? Not so bright, right? Let community know what there are biggest problems and questions now and what is your plans to solve it?  

Before everyone talk sidechains are not so secure than Counterparty. Now situation are that you need some sidechain make your system working? If yes what that actually mean? Can you explain for non tech holders what are going now Thank you.

[yampi]

It would be really useful If we could set miner fee manually.

[romerun]

Looks like counterwallet cannot send btc to a multisig address. It's saying "This field must be a valid Bitcoin address.". Anyone knows if the issue has been reported ?

[Felipez]

How's status on smart contracts?

Rumors on Reddit that Ethereum scraps Serpent. CounterParty fares any better?

Serpent has lost funding. Some projects have been written in Serpent, but according to Vitalik:

    I personally will not have time to continue Serpent development at anything more than the current glacial pace [...]

Unless someone from the Counterparty community wanted to maintain Serpent, it's dead.

It should be possible to fork cpp-ethereum and make Solidity compatible with Counterparty, but the severe limitations in Solidity make me question Ethereum's programmable contract concept.

On the one hand the core concept itself is quite vulnerable to language ecosystem takeovers, because these are miniscule, poorly maintained designer languages based on experimental compilers and VMs. OTOH is the concept of Turing complete code really that much better than a semi-restricted DSL, or even hard coding features into the protocol? If your idea of Turing complete is Python, well Serpent is downright bad. It lacks basic programming features and is in general the opposite of confidence inspiring. Solidity is not much better. They still don't have arrays. I'm not sure it's even worth copying, because it would be trivial for a better approach to crush whatever sliver of a network effect Ethereum has with something better written or written with a better architecture.

[...]

Crafting beautiful UX is infinitely more valuable than offering a Turing Complete™ platform.

Isn't it more viable for anyone with an interesting "contract" idea to just visit https://github.com/CounterpartyXCP/counterpartyd and create a damn pull request? What is so hard or bad about that? It works plenty well for Bitcoin. Who are the industry leaders who don't think that's good enough?

http://www.reddit.com/r/counterparty_xcp/comments/2y0apx/contract_news/

[PhantomPhreak]

How's status on smart contracts?

Rumors on Reddit that Ethereum scraps Serpent. CounterParty fares any better?

Serpent has lost funding. Some projects have been written in Serpent, but according to Vitalik:

    I personally will not have time to continue Serpent development at anything more than the current glacial pace [...]

Unless someone from the Counterparty community wanted to maintain Serpent, it's dead.

It should be possible to fork cpp-ethereum and make Solidity compatible with Counterparty, but the severe limitations in Solidity make me question Ethereum's programmable contract concept.

On the one hand the core concept itself is quite vulnerable to language ecosystem takeovers, because these are miniscule, poorly maintained designer languages based on experimental compilers and VMs. OTOH is the concept of Turing complete code really that much better than a semi-restricted DSL, or even hard coding features into the protocol? If your idea of Turing complete is Python, well Serpent is downright bad. It lacks basic programming features and is in general the opposite of confidence inspiring. Solidity is not much better. They still don't have arrays. I'm not sure it's even worth copying, because it would be trivial for a better approach to crush whatever sliver of a network effect Ethereum has with something better written or written with a better architecture.

[...]

Crafting beautiful UX is infinitely more valuable than offering a Turing Complete™ platform.

Isn't it more viable for anyone with an interesting "contract" idea to just visit https://github.com/CounterpartyXCP/counterpartyd and create a damn pull request? What is so hard or bad about that? It works plenty well for Bitcoin. Who are the industry leaders who don't think that's good enough?

http://www.reddit.com/r/counterparty_xcp/comments/2y0apx/contract_news/

Our compatibility with Ethereum smart contracts is at the virtual machine level, so it doesn't matter what language (Serpent, Solidity, LLL, etc.), you write the contracts in---they'll run on both Counterparty and Ethereum the same. Between the Counterparty and the Ethereum communities, we'll figure out what languages we want to write contracts in and develop those.

[CIYAM]

Our compatibility with Ethereum smart contracts is at the virtual machine level, so it doesn't matter what language (Serpent, Solidity, LLL, etc.), you write the contracts in---they'll run on both Counterparty and Ethereum the same. Between the Counterparty and the Ethereum communities, we'll figure out what languages we want to write contracts in and develop those.

Seriously writing HLLs for an entire new VM is something that takes years (so it is not surprising at all to me that Serpent is failing) so I very much doubt you can just create a new HLL and keep going (but please feel free to prove me wrong).

I have actually worked on such a project (around the time that Java was being designed and built) - so maybe you might want to consider looking at what we have done with AT (our approach will allow C/C++ to be implemented as the smart contract language in only a couple of months - we just need to find one LLVM expert and we already have the funds to pay that person).

Understand that I actually was privy to the Ethereum white paper before it was publicly available and had stated my concerns back then that the design was *wrong* (but hey I'm only a guy with more than 25 years software engineering experience - not a "wonder boy" with my own online magazine).

[Fielding]

Do we have a trading pair for XCP/BTC  in this https://counterwallet.io/,

Thanks.

[Chaykaa]

Claim Your Name @XCP

Lots of assets with girl names, surnames and some boy names have been registered lately. See here http://www.blockscan.com/asset

If your name still isn't claimed, why not register it before someone else does it?

At the moment an asset may not have much value, but who knows about the future? It costs just 0.5 XCP / $0.60 to register a name, and it remains your forever or until you sell it.

[deliciousowl]

Do we have a trading pair for XCP/BTC  in this https://counterwallet.io/,

Thanks.

Soon.

[pankogulo]

In case you missed it, here's the latest news from the Counterparty team:

Announcing Symbiont – Building the Next-Generation Platform for Financial Markets http://counterparty.io/news/announcing-symbiont/

[Felipez]

In case you missed it, here's the latest news from the Counterparty team:

Announcing Symbiont – Building the Next-Generation Platform for Financial Markets http://counterparty.io/news/announcing-symbiont/

Wow! 

So smart contracts are indeed on track!?! Funny it was being questioned yesterday on Reddit.
And the financial platform.. so so so cool! I'm excited to hear more!

Just a question... will XCP be used in such contracts? What will the impact be on XCP price?