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Author Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread  (Read 1244234 times)
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deliciousowl
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May 10, 2015, 07:56:32 AM
 #11401

Does Symbiont or the Counterparty Foundation hold any XCP?

You for real?  Grin

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May 10, 2015, 08:46:50 AM
 #11402

Does Symbiont or the Counterparty Foundation hold any XCP?

  WTF.  Of course No  Grin

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stereotype
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May 10, 2015, 09:45:49 AM
 #11403

Does Symbiont or the Counterparty Foundation hold any XCP?

You for real?  Grin

Dont be too harsh. Maybe he had experience with that questionable farce, we call MSC.  Grin
xyzzyx
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May 10, 2015, 02:25:17 PM
 #11404


FYI, Bittrex is contemplating delisting XCP:

"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on May 15th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC."

https://bittrex.com/Market/Index?MarketName=BTC-XCP

"An awful lot of code is being written ... in languages that aren't very good by people who don't know what they're doing." -- Barbara Liskov
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May 11, 2015, 08:57:06 AM
 #11405


FYI, Bittrex is contemplating delisting XCP:

"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on May 15th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC."

https://bittrex.com/Market/Index?MarketName=BTC-XCP


Good. Bittrex is a manipulative exchange and I wouldn't trust them with peanuts. At least it will reduce risk exposure.
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May 12, 2015, 03:32:29 PM
 #11406

Is there any way to know if this is insider selling?
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May 13, 2015, 01:35:04 PM
 #11407

How big of a concern is it that Bitcoin could build Counterparty-esque functionality directly into their protocol?
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May 13, 2015, 02:10:57 PM
 #11408

Does anybody know whether NASDAQ adopting blockchain technology would affect Symbiont?

(https://www.cryptocoinsnews.com/nasdaq-details-upcoming-use-bitcoins-block-chain-tech/)

For example, could it blaze a regulatory trail which would help? Or could it steal their thunder and make it hard for small start-ups to offer something unique enough to muscle in on the big boys' territory?
deliciousowl
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May 13, 2015, 02:46:16 PM
 #11409

Does anybody know whether NASDAQ adopting blockchain technology would affect Symbiont?

(https://www.cryptocoinsnews.com/nasdaq-details-upcoming-use-bitcoins-block-chain-tech/)

For example, could it blaze a regulatory trail which would help? Or could it steal their thunder and make it hard for small start-ups to offer something unique enough to muscle in on the big boys' territory?

Small start-up? Did you look at the people involved in Symbiont?  Wink

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May 13, 2015, 02:50:28 PM
 #11410


Small start-up? Did you look at the people involved in Symbiont?  Wink

Lol, yes you have a point. But relatively speaking they are small compared to NASDAQ.
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May 13, 2015, 02:53:19 PM
 #11411

Hello Everyone ! Here is a little bounty for 0.5 BTC

Hello Everyone

I have a little bounty. A little hack into an existing wallet

I would like you to take breadwallet ios source code.  https://github.com/voisine/breadwallet

Look under
Code:
- (BOOL)signTransaction:(BRTransaction *)transaction

and see if you can replace the transaction object in order to include a transaction generated by the counterparty API output :

From : http://counterparty.io/docs/api/#transaction-encodings
Send 1 XCP (specified in satoshis) from one address to another.

Code:
payload = {
           "method": "create_send",
           "params": {
                      "source": "1CUdFmgK9trTNZHALfqGvd8d6nUZqH2AAf",
                      "destination": "17rRm52PYGkntcJxD2yQF9jQqRS4S2nZ7E",
                      "asset": "XCP",
                      "quantity": 1
                     },
           "jsonrpc": "2.0",
           "id": 0,
          }

I expect two outcomes
The outcome would to the feasibility is  :

1. Done the source code has been updated to include a hard coded transaction request to the API that can be signed and broadcasted
2. Source code not updated but with a detailed description why this function can't be used out of the box and why.

Second output

Is a rough estimate about half a page on what would it take to implement counterparty API to breadwallet source code. This mean allowing people to view and send not only bitcoin but other asset counterparty.

Depending on the feasibility we might we could start a bigger the full project.

Thank you a lot

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pankogulo
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May 15, 2015, 12:34:38 PM
 #11412

New community update is live at http://counterparty.io/news/counterparty-update-may-15/ (We're transferring support to CounterpartyTalk.org, so please read this one)

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May 18, 2015, 09:42:04 PM
 #11413

How feasible would it be for the Bitcoin devs to duplicate Counterparty's functionality without the XCP coin?
Matt Y
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May 18, 2015, 09:53:38 PM
 #11414

How feasible would it be for the Bitcoin devs to duplicate Counterparty's functionality without the XCP coin?

It's not possible.

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May 18, 2015, 10:15:03 PM
 #11415

How feasible would it be for the Bitcoin devs to duplicate Counterparty's functionality without the XCP coin?

It's not possible.

What would make it impossible?  I was just digging around and found this post from over a year ago with the opposite answer to the same question:

https://bitcointalk.org/index.php?topic=395761.msg5467658#msg5467658
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May 18, 2015, 10:22:33 PM
 #11416

How feasible would it be for the Bitcoin devs to duplicate Counterparty's functionality without the XCP coin?

It's not possible.

What would make it impossible?  I was just digging around and found this post from over a year ago with the opposite answer to the same question:

https://bitcointalk.org/index.php?topic=395761.msg5467658#msg5467658

That person is wrong. I'll let someone who's more technical take the question from here if they have any interest. I'd not worry about it though, if that's what you're doing, worrying about an investment you made in XCP.

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May 18, 2015, 10:32:27 PM
 #11417

How feasible would it be for the Bitcoin devs to duplicate Counterparty's functionality without the XCP coin?

It's not possible.

What would make it impossible?  I was just digging around and found this post from over a year ago with the opposite answer to the same question:

https://bitcointalk.org/index.php?topic=395761.msg5467658#msg5467658

That person is wrong. I'll let someone who's more technical take the question from here if they have any interest. I'd not worry about it though, if that's what you're doing, worrying about an investment you made in XCP.

Can you tell me in conceptual terms why it can't be done?  Why can counterpartyd do something that bitcoind can't do?  That doesn't make sense to me.
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May 18, 2015, 10:39:47 PM
 #11418

Another thing that's been bugging me.  What is the incentive to run a Counterparty node?  If there is no strong incentive, how can we hope to have a strong network?  It would be like a secure database (Bitcoin) with an otherwise vulnerable application stack (Counterparty).
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May 18, 2015, 10:42:12 PM
 #11419

How feasible would it be for the Bitcoin devs to duplicate Counterparty's functionality without the XCP coin?

It's not possible.

What would make it impossible?  I was just digging around and found this post from over a year ago with the opposite answer to the same question:

https://bitcointalk.org/index.php?topic=395761.msg5467658#msg5467658

That person is wrong. I'll let someone who's more technical take the question from here if they have any interest. I'd not worry about it though, if that's what you're doing, worrying about an investment you made in XCP.

Can you tell me in conceptual terms why it can't be done?  Why can counterpartyd do something that bitcoind can't do?  That doesn't make sense to me.

How big of a concern is it that Bitcoin could build Counterparty-esque functionality directly into their protocol?
It's not possible. Bitcoin can't escrow value, which means that you can't build (decentralized) smart contracts directly onto it. That's the value of XCP. It can actually act as a value escrow.

The reason it won't be built into the BTC protocol is because it's a huge risk. It would get away from BTC's main function as an engine for settling BTC transactions. As you see with colored coins, you can do some asset registration if you're creative. But you will never be able to escrow value on Bitcoin.
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May 18, 2015, 11:16:16 PM
 #11420

How big of a concern is it that Bitcoin could build Counterparty-esque functionality directly into their protocol?
It's not possible. Bitcoin can't escrow value, which means that you can't build (decentralized) smart contracts directly onto it. That's the value of XCP. It can actually act as a value escrow.

Very interesting, thank you.  Is any data stored in the Counterparty network or is everything stored on the Bitcoin blockchain?

EDIT: Is escrow critical in some, most, or all of Counterparty's functions?
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