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

[Matt Y]

Apparently the Symbiont cryptosecurity has been issued but how do you buy it?

http://www.coindesk.com/smart-contracts-platform-symbiont-issues-its-first-cryptosecurity/

Here is the press release: http://www.prnewswire.com/news-releases/symbiont-issues-first-ever-smart-securities-300123160.html

Bloomberg: http://www.bloomberg.com/news/articles/2015-08-04/wall-street-meet-block-368396-the-possible-future-of-finance

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[MidwestMiner]

Don't let go cheap. Once the market in general starts realizing the weight of the recent news we should have ATH within a few weeks. Sub $20 million is ludicrous for XCP.

[Matt Y]

And now total XCP for sale on Poloni is down almost 20% from a week ago. BTC trying to buy Xcp is up almost 20% in the same period.

[dexX7]

http://www.bloomberg.com/news/articles/2015-08-04/wall-street-meet-block-368396-the-possible-future-of-finance provides a hint: block 368396.

When looking through that block, there are three notable transactions, with bare multisig encoding:

- https://blockchain.info/tx/adb8129bed9efb0b6ebf4bac8fee2d70ab41fea7a0027b9371c100fa360bb38a
- https://blockchain.info/tx/1c751d4af1fa2385d6df008fede770f365b71c8138b180cc75813e0955d3d0ea
- https://blockchain.info/tx/b7547019ee64f438a05d4458ff879765d984a541a046871d5495d0d0cf92c413

Looks like the Symbiont mainnet testing started at least two days ago.

[Matt Y]

https://www.reddit.com/r/Bitcoin/comments/3fsikd/symbiont_issues_securities_on_the_bitcoin/

[metacoin]

Hello everyone, I'm new here and new to counterparty. If I understood correctly counterparty protocol "lives" inside bitcoin blockchain by storing information inside of it. Previously I heard couple of times the in futire bitcoin blockchain might be pruned because its size is increasing so rapidly. Again, if I understood it correctly pruning will remove uninportant bits of data from blockchain to make it more lightweight and bitcoin more usable for everyone. So the question is, if bitcoin blockchain will be pruned can this make counterparty protocol completely non functional? Sorry if I sound dumb or something, still new to all this. Thanks in advance!

This is not an issue. No worries.

this is not quiet an explanation I wanted to receive. why is this not a problem? in fact I asked 3 or 4 people already and all said the same "it's not an issue" but no one explained why.

Regardless of whether or not there exist pruned nodes on the network, all full-nodes (including all solo-miners and pool operators) are by definition non-pruning nodes. Transactions that contain OP_RETURN data are included in blocks which are identified by their hash. As a result, OP_RETURN data is always included in the equation that results in a block hash. So that data is secured by the block chain, as explained in the satoshi whitepaper on pages 6 through 8.

Nodes that run pruning software don't store all transactions on their hard drive. It's sort of like SPV nodes, they depend on other full nodes or trusted nodes to send them verified block hashes. Pruning nodes verify the data and then delete it, IIRC.

[eustress]

It looks like they beat Overstock and their TØ offering...

Byrne, an outspoken crusader for this type of technology, is intent on being the first to offer what’s called a cryptosecurity.

Source: http://www.wired.com/2015/06/overstock-will-issue-private-bond-powered-bitcoin-tech/

Unless it is the same announcement...

[eustress]

Shouldn't this be on Blockscan??? https://www.blockscan.com/

Edit: Not necessarily, depends on the version of the Counterparty Protocol that Blockscan are using versus what Symbiont are using.

[poloskarted]

https://www.reddit.com/r/Bitcoin/comments/3frw0v/wall_street_meet_block_368396_the_possible_future/
Good discussion here of the latest announcements ^

PS, these are entirely unrelated but nice to see. Two big players in the physical->digi gold representation market up on CounterParty.


https://midasrezerv.com/
http://blockscan.com/assetInfo/MRCDEMO
http://finance.yahoo.com/news/midas-rezerv-announces-first-gold-143600705.html
https://www.techinasia.com/tech-in-asia-tour-road-to-tokyo-2015-bangkok/



http://www.hayekgold.co/
http://blockscan.com/assetInfo/XHYK
http://www.businessinsider.com/hayek-cryptocurrency-backed-by-gold-2015-5?IR=T

[eustress]

The article left out the important point that it not proof of existence or even a token system, but a complete smart contracts ('smart securities') platform. If it were anything else, there'd be no automatic dividend payments, conversions, cap table management, etc.

- Adam Krellenstein

Source: https://www.reddit.com/r/Bitcoin/comments/3frw0v/wall_street_meet_block_368396_the_possible_future/ctrk5sh

Edit: Also explains why it's not on Blockscan.

[ElitistCA]

What caused current price growth?

[poloskarted]

http://www.bloomberg.com/news/articles/2015-08-04/wall-street-meet-block-368396-the-possible-future-of-finance provides a hint: block 368396.

When looking through that block, there are three notable transactions, with bare multisig encoding:

- https://blockchain.info/tx/adb8129bed9efb0b6ebf4bac8fee2d70ab41fea7a0027b9371c100fa360bb38a
- https://blockchain.info/tx/1c751d4af1fa2385d6df008fede770f365b71c8138b180cc75813e0955d3d0ea
- https://blockchain.info/tx/b7547019ee64f438a05d4458ff879765d984a541a046871d5495d0d0cf92c413

Looks like the Symbiont mainnet testing started at least two days ago.

maybe (1)founder stock, (2)convertible preferred stock, (3)convertible notes
I heard also that another entity was planning to issue partner shares using Symbiont platform too 

[Matt Y]

What caused current price growth?

Read the post directly above yours, then click the link, then read the posts on that page.

Direct link to entire Reddit thread: https://www.reddit.com/r/Bitcoin/comments/3frw0v/wall_street_meet_block_368396_the_possible_future/

[jrmg]

Total XCP for sale on Poloni has decreased by almost 10% within the last week. It's going to get interesting unless some of you guys want to start dumping.

23.7 total sell orders 33106 XCP and now 27761 XCP. Price go really fast up when there coming more big buyers if big holders know value of their coins 

[nextgencoin]

can't login into counterparty at the moment?

[andyatcrux]

can't login into counterparty at the moment?

counterwallet.io is working fine for me.

[eustress]

It looks like they beat Overstock and their TØ offering...

Byrne, an outspoken crusader for this type of technology, is intent on being the first to offer what’s called a cryptosecurity.

Source: http://www.wired.com/2015/06/overstock-will-issue-private-bond-powered-bitcoin-tech/

Unless it is the same announcement...

I wasn't far wrong - Byrne said T0 is "ledger-agnostic" and that it could use Counterparty.

[BitThink]

Chrome reports that the certificate of counterwallet.co has expired for 153 days already. Can we still trust it?

[andyatcrux]

Chrome reports that the certificate of counterwallet.co has expired for 153 days already. Can we still trust it?

I wouldn't when we have counterwallet.io to use.

[NorrisK]

Total XCP for sale on Poloni has decreased by almost 10% within the last week. It's going to get interesting unless some of you guys want to start dumping.

23.7 total sell orders 33106 XCP and now 27761 XCP. Price go really fast up when there coming more big buyers if big holders know value of their coins 

It is probably the new buyers moving their coins out of polo or atleast out of the order books. Interesting indeed, glad I decided to hold on XCP for a bit