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Author Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread  (Read 1244210 times)
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bitcoinrocks
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August 20, 2015, 04:11:50 PM
 #11781

The takeaway should be that Symbiont has a lot more resources than Counterparty has alone, so we'll be working on products that are orthogonal to Counterparty *as well*. (We'll also have more resources than ever dedicated to Counterparty itself.)

Are you speaking from the perspective of Counterparty or Symbiont?  If the former, you're saying that the Counterparty dev group will be working (in part) on products orthogonal to Counterparty?  If the latter, is Symbiont currently working on any product that incorporates Counterparty?

When I wrote 'we', I meant 'Symbiont'; Symbiont is doing a lot with Counterparty.

We would love to know any more about that.  Anything at all.
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Matt Y
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August 20, 2015, 04:26:23 PM
 #11782

Update: We will use Counterparty for everything it's good for, when our clients want a solution that requires something like Counterparty and regulations permit it.

Reaction: FML, it's over. Oh, and can we have more information, please, even though you just updated us.

I don't even know what to say.

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August 20, 2015, 04:34:42 PM
 #11783

Update: We will use Counterparty for everything it's good for, when our clients want a solution that requires something like Counterparty and regulations permit it.

Reaction: FML, it's over. Oh, and can we have more information, please, even though you just updated us.

I don't even know what to say.

Previously we thought we knew of a Counterparty project which Symbiont was working on.  Now we know that we don't.

Also your first sentence (sarcastic because that isn't new information) and your second sentence (sarcastic because we are being greedy for *more* new information) are in complete disagreement with each other.
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August 20, 2015, 04:39:46 PM
 #11784

It's like we're reading two different things. Best luck to you, I don't have the will to repeat things to try to make you see what's clearly written in the update. Sell your XCP quick, I guess.

bitcoinrocks
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August 20, 2015, 04:41:48 PM
 #11785

It's like we're reading two different things. Best luck to you, I don't have the will to repeat things to try to make you see what's clearly written in the update. Sell your XCP quick, I guess.

You must be really busy, I guess.
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August 20, 2015, 04:42:16 PM
 #11786

Wow, lots of weak hands holding XCP,
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August 20, 2015, 04:42:22 PM
 #11787

Symbiont is funding Counterparty development and they are going to be using Counterparty where the usecases are appropriate.  Doesn't really change the innate worth of the platform either. It works.

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August 20, 2015, 04:43:08 PM
 #11788

Symbiont is funding Counterparty development and they are going to be using Counterparty where the usecases are appropriate.

That's not news.  We did get some news this morning though.
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August 20, 2015, 04:43:21 PM
 #11789

You must be really busy, I guess.

I could make the time, I just don't have the will to do it. Best luck to you.

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August 20, 2015, 05:09:25 PM
 #11790

Is there a rough timescale for when CP will implement Pythereum smart contracts?
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August 20, 2015, 05:36:53 PM
 #11791

I am speechless. Thanks for the cheap XCP. Dump on what appears to be a perfectly nice community update. Again, speechless but I won't look a gift horse in the mouth.
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August 20, 2015, 06:43:09 PM
 #11792

The takeaway should be that Symbiont has a lot more resources than Counterparty has alone, so we'll be working on products that are orthogonal to Counterparty *as well*. (We'll also have more resources than ever dedicated to Counterparty itself.)

Are you speaking from the perspective of Counterparty or Symbiont?  If the former, you're saying that the Counterparty dev group will be working (in part) on products orthogonal to Counterparty?  If the latter, is Symbiont currently working on any product that incorporates Counterparty?

When I wrote 'we', I meant 'Symbiont'; Symbiont is doing a lot with Counterparty.
What would be a typical use case for counterparty (xcp) and what would be a typical use case for a separate (private) counterparty technology based chain?
I mean a specific one... not an abstract description, if you would like to provide that. 
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August 20, 2015, 06:49:21 PM
 #11793

Is there a rough timescale for when CP will implement Pythereum smart contracts?

My guess would be months as they want to wait for a couple formal security audits.

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August 20, 2015, 08:45:25 PM
 #11794

I am speechless. Thanks for the cheap XCP. Dump on what appears to be a perfectly nice community update. Again, speechless but I won't look a gift horse in the mouth.

I agree. It's a great time to shake weak hands though. With the recent BTC drop, a lot of people are on edge.
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August 20, 2015, 09:01:28 PM
 #11795

It seems like people were so badly abused by shit coins that they are living in an alternate reality when looking at a real project.

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August 20, 2015, 09:19:03 PM
 #11796

I would like to thank the Counterparty Foundation for the update. If you simply look at it from a Counterparty Protocol perspective - it was just a positive announcement that a serious company like Symbiont will use Counterparty as appropriate. Open-source projects can benefit hugely from the support and resources of a well established company in their domain.

The Counterparty Protocol remains as a maturing project that can be used by anyone to build additional functionality. If you are really concerned about the fiat denominated value of XCP you can build something to provide more utility to XCP.

Smart Contracts are coming.
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August 20, 2015, 09:56:42 PM
 #11797

I understand right like now XCP is in same place than every other similiar projects, anyone not really use it?  Smiley What we are waiting now? Smart contracts where everyone have look, wait and hype other projects? Some of that have even bitcoin core devs push it forward and keep peoples know it is what they want?

This time there is zero number of projects what don't waiting other projects smart contracts instead of have even testing XCP smart contracts in test net? So, so far I don't see really reason to worry before first side chains project are out and everyone start use their smart contracts. Or that is my hope I really don't understand so much about this all systems Smiley


Thanks for devs to keep community to know what you are doing so often.  Smiley Sometimes some word out can be nice from you also, we all can't read githupreposwhatevertootechinformation. I know there have also Counterparty Foundation updates but still it is nice if you write something sometimes Smiley
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August 20, 2015, 10:12:12 PM
 #11798

Seems oversold. But then again when it fell from .25 to .07 it seemed too much of a fall then. Who knows when it will finally find a stable floor that doesnt keep adjusting lower

Seems to be a dearth of mature market participants investing in projects with a long term purview.
All we ever see is occasional rises followed by sadly inevitable dumps often past the previous floor for no real logical reason - even if the news is groundbreaking andnoverwhelmingly positive. Guess people can profit at any levels trading waves or shorting

All of this news had been spelt out previously.
I cant understand nor explain rash dumping after that announcement unless english is not the native langauge seems like a gross misintepretation to me
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August 21, 2015, 03:44:07 AM
 #11799

Now we know it very clear that Symbiont "supports" counterparty but not "relies" on counterparty any more. Symbiont relies on the counterparty technology instead. If Symbiont succeeds, it does not mean the success of counterparty, but only means there's a successful company backs up counterparty.
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August 21, 2015, 04:13:02 AM
 #11800

Now we know it very clear that Symbiont "supports" counterparty but not "relies" on counterparty any more. Symbiont relies on the counterparty technology instead. If Symbiont succeeds, it does not mean the success of counterparty, but only means there's a successful company backs up counterparty.

What's the difference between relying on Counterparty and Counterparty technology? Counterparty technology = Counterparty...

Besides that, Counterparty also relies on Symbiont as Symbiont actively funds Counterparty development. Seems like a pretty symbiotic relationship.

I'm really not sure what you guys were expecting. If you wanted more than what's in the announcement you should have sold a long time ago.

"Counterparty is a core part of the Symbiont “tech stack”, with entirely complementary technology to the other systems we are developing."

"nothing has changed with respect to our enthusiasm for the potential of Counterparty, and permissioned ledgers will augment Symbiont’s platform offerings, not compete with the many market uses for Counterparty."

"We will continue to support the Counterparty ecosystem by providing development resources, funding Ivana Zuber in her position as Executive Director of the Counterparty Foundation and handling incoming business development inquiries. "

"However, as we onboard more clients and partners, and develop more products, we will not be able to discuss if, why or how that client product uses or does not use Counterparty. (Determining use of Counterparty should be clear to anyone via a Counterparty block explorer.)"

"That's not what the post said at all. The technology that Symbiont has developed outside of Counterparty does not overlap or compete with Counterparty at all. They're different things for different uses, one being private network/private blockchain/permissioned access, and the other (Counterparty) being public blockchain, public ledger, open access."

"To reiterate, Counterparty is still being actively supported and developed (by symbiont staff members, nonetheless). You can see that just by looking at the github."

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