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Author Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread  (Read 1243446 times)
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March 17, 2016, 02:58:34 PM
 #12181

XCP price go to 0.009
I hope you are correct 10-20 minutes ago i saw a huge panic sale on polo and some of them are start crying in the troll box
as i expect if dev is not wake up with yes or no to the coming news this coin will be priceless for long time from now

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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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March 17, 2016, 03:07:29 PM
 #12182

http://counterpartynews.com/

Latest News

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March 17, 2016, 03:13:23 PM
 #12183

XCP price go to 0.009
I hope you are correct 10-20 minutes ago i saw a huge panic sale on polo and some of them are start crying in the troll box
as i expect if dev is not wake up with yes or no to the coming news this coin will be priceless for long time from now

Dev already responded in SLACK:

Robby Dermody [1:38 PM]
no official release will be forthcoming. we’ve been discussing this feature internally, but can’t publicly comment on it at this time. newsBTC ran with an article they shouldn’t have
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March 17, 2016, 03:14:12 PM
 #12184

https://news.bitcoin.com/counterparty-supports-segwit-adds-blocktrail-cto-team/

Counterparty Supports SegWit, Adds BlockTrail CTO to Team

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March 17, 2016, 03:24:02 PM
 #12185

Quote
I hope you are correct 10-20 minutes ago i saw a huge panic sale on polo and some of them are start crying in the troll box
as i expect if dev is not wake up with yes or no to the coming news this coin will be priceless for long time from now

that's what you wanted to buy a cheap coin Tongue

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March 17, 2016, 03:26:10 PM
 #12186

XCP price go to 0.009
I hope you are correct 10-20 minutes ago i saw a huge panic sale on polo and some of them are start crying in the troll box
as i expect if dev is not wake up with yes or no to the coming news this coin will be priceless for long time from now

Dev already responded in SLACK:

Robby Dermody [1:38 PM]
no official release will be forthcoming. we’ve been discussing this feature internally, but can’t publicly comment on it at this time. newsBTC ran with an article they shouldn’t have
Thank you for updating .
some improvement in the market right now if the leak news coming true that would be like bullet in the chest of ETH
good luck

            ▄▄████▄▄
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.SEMUX
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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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Master_dandosha
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March 17, 2016, 03:28:42 PM
 #12187

Quote
I hope you are correct 10-20 minutes ago i saw a huge panic sale on polo and some of them are start crying in the troll box
as i expect if dev is not wake up with yes or no to the coming news this coin will be priceless for long time from now

that's what you wanted to buy a cheap coin Tongue
i already bought my coins at 80 and if it is going to be a total lost i am not selling at the prices right now

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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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March 17, 2016, 03:45:26 PM
 #12188


Can't they at least change the default "filler" text in the slider?

Quote
Lorem ipsum

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March 17, 2016, 03:48:20 PM
 #12189

Quote
I hope you are correct 10-20 minutes ago i saw a huge panic sale on polo and some of them are start crying in the troll box
as i expect if dev is not wake up with yes or no to the coming news this coin will be priceless for long time from now

that's what you wanted to buy a cheap coin Tongue
i already bought my coins at 80 and if it is going to be a total lost i am not selling at the prices right now

let's keep thumbs. this goes to soon return to the old rates from several months or 0.030Btc

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March 17, 2016, 04:28:45 PM
 #12190

XCP price go to 0.009
I hope you are correct 10-20 minutes ago i saw a huge panic sale on polo and some of them are start crying in the troll box
as i expect if dev is not wake up with yes or no to the coming news this coin will be priceless for long time from now

Dev already responded in SLACK:

Robby Dermody [1:38 PM]
no official release will be forthcoming. we’ve been discussing this feature internally, but can’t publicly comment on it at this time. newsBTC ran with an article they shouldn’t have
Thank you for updating .
some improvement in the market right now if the leak news coming true that would be like bullet in the chest of ETH
good luck

It would also be a big boost for Bitcoin, I'd be surprised if they decided NOT to do it.
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March 17, 2016, 04:34:11 PM
 #12191

 :
Quote
It would also be a big boost for Bitcoin, I'd be surprised if they decided NOT to do it.

Overstock news tomorrow ..... tomorrow will be given Tongue
PhantomPhreak sits quietly and does not say anything Tongue

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March 17, 2016, 06:32:28 PM
 #12192

Wow...finally this coin is reaching its true potential
Still a long way away from what it should be worth...but atleast it has got a move on  Cheesy

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March 17, 2016, 06:42:25 PM
 #12193

Quote
Wow...finally this coin is reaching its true potential
Still a long way away from what it should be worth...but atleast it has got a move on  Cheesy

http://thebitcoinnews.com/counterparty-brings-ethereum-smart-contracts-to-bitcoin-blockchain/

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March 17, 2016, 06:57:11 PM
 #12194

Quote
Wow...finally this coin is reaching its true potential
Still a long way away from what it should be worth...but atleast it has got a move on  Cheesy

http://thebitcoinnews.com/counterparty-brings-ethereum-smart-contracts-to-bitcoin-blockchain/

Yes, i caught the news at http://www.bitcoinerrorlog.com/2016/03/17/counterparty-eats-ethereums-lunch-xcp-moons-eth-goes-bearish/

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March 17, 2016, 06:57:11 PM
 #12195

Quote
Quote
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.

Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.

The state of this project is not good.  The effective strategy seems to be "wait and see what happens no matter how long it takes".  Meanwhile competing projects press forward and gain mindshare even if their implementations are not perfect.  Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome.

100% agree. Eth smart contracts would bring Counterparty back to competing for a spot in the top coins.

Time for a bull market

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March 17, 2016, 07:00:58 PM
 #12196

For reference, since newsBTC article has been removed,

Google cache of http://www.newsbtc.com/2016/03/17/counterparty-brings-ethereum-smart-contracts-bitcoin-blockchain/ :

Quote
Counterparty Brings Ethereum Smart Contracts To Bitcoin Blockchain
Posted on 11:00 am March 17, 2016 Author JP BuntinxCategories Bitcoin, News



In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative - a port of the Ethereum Virtual machine code and modified to use the Bitcoin blockchain - was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.

For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to Bitcoin back in 2014.  After perfecting this functionality on the Counterparty testnet for quite some time, the team will be launching this Ethereum Virtual Machine to the mainnet today.

Also read: Lisk Raises Over 1.9 Million USD – Establishes Partnerships With Microsoft Azure and IoT Research Lab Chain of Things
Counterparty Explores Ethereum Virtual Machine on Testnet

To get people more excited about this announcement, it is time to take a look at what Counterparty has been trying to accomplish over the past 15 months. Keeping in mind how Counterparty was designed to extend the Bitcoin protocol by focusing on peer-to-peer finance on the blockchain, it only makes sense the team focuses their attention on Ethereum smart contracts as well.

However, there was a glass ceiling for this functionality, as the smart contracts had to be hard-coded into the protocol reference client, which is the same limitation Bitcoin has been facing for this technology since day one. Writing smart contracts which can be executed whenever wanted or needed is the ultimate goal, but until the Ethereum Virtual Machine came along, that was almost impossible to achieve.

On the technical side of Ethereum, there is a significant focus on automating smart contracts, which remove the need for human interaction to verify the outcome of agreements. No hard coding is necessary, as there is a virtual machine at the disposal of users to create new contracts. Having that type of functionality in the Bitcoin ecosystem would be a significant step forward to make the leading digital currency more legitimate.

In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative – a port of the Ethereum Virtual machine system and modified to use the Bitcoin blockchain – was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.

One of the biggest challenges was making sure Counterparty was compatible with the Ethereum contract language, although the team managed to pass that test with flying colors. Some minor incompatibilities were identified, but after months of hard work, everything has been ironed out.
Mainnet Deployment Is Big News For Bitcoin

Now that Counterparty is ready to launch their smart contract solution for Bitcoin on the mainnet, things will get absorbing for all parties involved. Bitcoin will gain additional practical use case value, as individuals and companies will be able to create automated smart contracts without resorting to an alternative digital currency or blockchain. XCP will get a lot of positive attention too, as they become the world’s first fully-distributed platform for smart contracts.

All in all, smart contracts are a significant development for the digital currency ecosystem in general, as it shows the world why this technology and these protocols are so valuable. Counterparty Contracts will go a long way in this regard, as it is an open platform approachable by anyone in the world, regardless of technical expertise. Quick and convenient deployment of smart contracts on the Bitcoin blockchain is a significant step forward to make Bitcoin more legitimate in the eyes of businesses and consumers.

Source: News tip via email

NewsBTC has contacted the developers for comments. This article is awaiting moderation.

Published by
JP Buntinx

JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard. View all posts by JP Buntinx
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March 17, 2016, 07:07:39 PM
 #12197

For reference, since newsBTC article has been removed,

Google cache of http://www.newsbtc.com/2016/03/17/counterparty-brings-ethereum-smart-contracts-bitcoin-blockchain/ :

Quote
Counterparty Brings Ethereum Smart Contracts To Bitcoin Blockchain
Posted on 11:00 am March 17, 2016 Author JP BuntinxCategories Bitcoin, News



In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative - a port of the Ethereum Virtual machine code and modified to use the Bitcoin blockchain - was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.

For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to Bitcoin back in 2014.  After perfecting this functionality on the Counterparty testnet for quite some time, the team will be launching this Ethereum Virtual Machine to the mainnet today.

Also read: Lisk Raises Over 1.9 Million USD – Establishes Partnerships With Microsoft Azure and IoT Research Lab Chain of Things
Counterparty Explores Ethereum Virtual Machine on Testnet

To get people more excited about this announcement, it is time to take a look at what Counterparty has been trying to accomplish over the past 15 months. Keeping in mind how Counterparty was designed to extend the Bitcoin protocol by focusing on peer-to-peer finance on the blockchain, it only makes sense the team focuses their attention on Ethereum smart contracts as well.

However, there was a glass ceiling for this functionality, as the smart contracts had to be hard-coded into the protocol reference client, which is the same limitation Bitcoin has been facing for this technology since day one. Writing smart contracts which can be executed whenever wanted or needed is the ultimate goal, but until the Ethereum Virtual Machine came along, that was almost impossible to achieve.

On the technical side of Ethereum, there is a significant focus on automating smart contracts, which remove the need for human interaction to verify the outcome of agreements. No hard coding is necessary, as there is a virtual machine at the disposal of users to create new contracts. Having that type of functionality in the Bitcoin ecosystem would be a significant step forward to make the leading digital currency more legitimate.

In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative – a port of the Ethereum Virtual machine system and modified to use the Bitcoin blockchain – was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.

One of the biggest challenges was making sure Counterparty was compatible with the Ethereum contract language, although the team managed to pass that test with flying colors. Some minor incompatibilities were identified, but after months of hard work, everything has been ironed out.
Mainnet Deployment Is Big News For Bitcoin

Now that Counterparty is ready to launch their smart contract solution for Bitcoin on the mainnet, things will get absorbing for all parties involved. Bitcoin will gain additional practical use case value, as individuals and companies will be able to create automated smart contracts without resorting to an alternative digital currency or blockchain. XCP will get a lot of positive attention too, as they become the world’s first fully-distributed platform for smart contracts.

All in all, smart contracts are a significant development for the digital currency ecosystem in general, as it shows the world why this technology and these protocols are so valuable. Counterparty Contracts will go a long way in this regard, as it is an open platform approachable by anyone in the world, regardless of technical expertise. Quick and convenient deployment of smart contracts on the Bitcoin blockchain is a significant step forward to make Bitcoin more legitimate in the eyes of businesses and consumers.

Source: News tip via email

NewsBTC has contacted the developers for comments. This article is awaiting moderation.

Published by
JP Buntinx

JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard. View all posts by JP Buntinx

Oh my my, well and truly XCP goes beyond the moon now...rockets are being fuelled...soon it will be time for LIFT OFF!!!  Grin

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hoertest
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March 17, 2016, 07:15:33 PM
 #12198

Quote
Wow...finally this coin is reaching its true potential
Still a long way away from what it should be worth...but atleast it has got a move on  Cheesy

http://thebitcoinnews.com/counterparty-brings-ethereum-smart-contracts-to-bitcoin-blockchain/

Yes, i caught the news at http://www.bitcoinerrorlog.com/2016/03/17/counterparty-eats-ethereums-lunch-xcp-moons-eth-goes-bearish/

so Chris Derose confirms now. this is fun no matter where it ends   Smiley
maxraj
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March 17, 2016, 07:25:40 PM
 #12199

XCP sell orders at exchanges: Poloniex ~ 80,000 and Bittrex around 3300.
So total coins up for grabs is just about 84,000

Compare this to the available supply of ETH, so easy guess where this one is heading Roll Eyes
SebastianJu
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March 17, 2016, 07:35:24 PM
 #12200

https://news.bitcoin.com/counterparty-supports-segwit-adds-blocktrail-cto-team/

Counterparty Supports SegWit, Adds BlockTrail CTO to Team

Sounds good. SegWit is a good thing. Lightning Network not but segwit is. Because it can lower the amount of space needed by percent. If it manages to half the space needed for the same amount of transactions (which is rather an overexaggeration) in a 1MB block then it would allow double the amount of transactions in a 50MB block too. So it is a good thing for the future of bitcoin.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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