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

[Anotheranonlol]

Huge rise, interesting! 

Interesting to see when BTC38 markets show up, perhaps you can reach their support.

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[Fernandez]

The exchange will be built on top of counterparty, is that confirmed? Thats one of the biggest news ever, if true.

[Matt Y]

The exchange will be built on top of counterparty, is that confirmed? Thats one of the biggest news ever, if true.

Confirmed.

[Fernandez]

The exchange will be built on top of counterparty, is that confirmed? Thats one of the biggest news ever, if true.

Confirmed.

Link? The Wired article says the coders have been hired, not that it is going to built on top of Counterparty.

[PhantomPhreak]

The exchange will be built on top of counterparty, is that confirmed? Thats one of the biggest news ever, if true.

Confirmed.

Link? The Wired article says the coders have been hired, not that it is going to built on top of Counterparty.

I can confirm it. Patrick Byrne discussed the matter extensively in his talk at Inside Bitcoins, which is not yet online. Right now, there's just this.

[asnghost]

Awesome news! Congrats XCP team and community!

[mitache365]

pump is over here maybe 

[520Bit]

The exchange will be built on top of counterparty, is that confirmed? Thats one of the biggest news ever, if true.

Confirmed.

Link? The Wired article says the coders have been hired, not that it is going to built on top of Counterparty.

I can confirm it. Patrick Byrne discussed the matter extensively in his talk at Inside Bitcoins, which is not yet online. Right now, there's just this.

Great. Finally, we are here. XCP - Bitcoin inside.

[bitcoinpaul]

pump is over here maybe 

I suspect this will go for a while.

[freedomfighter]

Congratulations to the CP team,

Few questions please:

1) in a new coindesk article it says that all 3 of you are moving away from the CP project and that an entire team is being sought. is it true or is it just two?

2) Is Medici going to be built based on the CP technology or on top of and as part of the CP platform? this is important to determine if this is really related or not to CP

3) what is the usage of XCP in this context? is the plan for it to still be the exclusive dividend token for medici and all its public companies as in all other projects?

Thank you

FF (still holding on to my originally burned XCPs)

[Kergekoin]

Congratulations the the CP team,

Few questions please:

1) in a new coindesk article it says that all 3 of you are moving away from the CP project and that an entire team is being sought. is it true or is it just two?

2) Is Medici going to be built based on the CP technology or on top of and as part of the CP platform? this is important to determine if this is really related or not to CP

3) what is the usage of XCP in this context? is the plan for it to still be the exclusive dividend token for medici and all its public companies as in all other projects?

Thank you

FF (still holding on to my originally burned XCPs)

+1. Those need to be answered.

[Spratan]

As an explanation, what this means is that Overstock.com has committed to using Counterparty as the platform for issuing securities on the Bitcoin blockchain, e.g. for public companies, over all other Bitcoin 2.0 tech. Robby (xnova) and Evan (cityglut) will be working on that particular goal, because of their expertise with Counterparty, even as we hire more developers to work with me full-time on the core protocol and ecosystem.

Thanks Adam for those clarifications!

So will that Overstock system be more like a public frontend other companies that want to go public or "dual list" their shares can use or will it be a non public enterprise version of Counterparty?

Remains the question: And XCP will have the same functions and value in that Overstock-System?

It'll be a frontend to the existing network, and it'll use XCP like everything else.

[weex]

I don't know about #1, but 2 and 3 are positive for XCP. Medici will use Counterparty as it stands on the Bitcoin block chain, not just the technology or some kind of reset. XCP would be the best choice for cheap, simple dividends but of course bitcoin could be used for that as long as they're ok with miner fees.

[Equality 7-2521]

Coindesk Article: http://www.coindesk.com/overstock-hires-counterparty-developers-build-cryptosecurity-stock-exchange/

[Matt Y]

Congratulations to the CP team,

Few questions please:

1) in a new coindesk article it says that all 3 of you are moving away from the CP project and that an entire team is being sought. is it true or is it just two?

2) Is Medici going to be built based on the CP technology or on top of and as part of the CP platform? this is important to determine if this is really related or not to CP

3) what is the usage of XCP in this context? is the plan for it to still be the exclusive dividend token for medici and all its public companies as in all other projects?

Thank you

FF (still holding on to my originally burned XCPs)

Just going to answer these until Adam or other official representative comes by.

1. Adam is staying at Counterparty full time. Robby and Evan are going to be spending much of their time with Overstock in their new roles there. I would imagine they will still be somewhat involved in the day to day of Counterparty, but that's for them to answer. Regardless, the Overstock project is so good for Counterparty, that if Robby and Evan spent all their time on it, it would be hard to say they were not working full-time on Counterparty. It's hard to think of more important work other than direct protocol development, which I'm sure is still very much a priority.

2. It's going to be built on Counterparty and as part of the Counterparty platform.

3. XCP will be used in a similar context to how it's used now. To facilitate trades, create assets, and so on. Dividends can be paid in any currency, however, XCP is good to facilitate trades with.

This is the best news we could hope for. The most meaningful traction we could ask for. A deep partnership with a visible, powerful man who shares a very similar ideology to the Counterparty project, its community, and founders. This should certainly get the attention of Reddit should they move forward with their plan to give back 1% of Reddit equity to community members.

This is the best article so far: http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/

[bitcoinpaul]

2. It's going to be built on Counterparty and as part of the Counterparty platform.

On Counterparty network or on Counterparty code?

[Matt Y]

2. It's going to be built on Counterparty and as part of the Counterparty platform.

On Counterparty network or on Counterparty code?

On the Counterparty network. Not a fork. As much a part of Counterparty as possible.

[Equality 7-2521]

2. It's going to be built on Counterparty and as part of the Counterparty platform.

On Counterparty network or on Counterparty code?

On the Counterparty Protocol. Read the last few pages of the thread for multiple independent confirmations of this.

[bitcoinpaul]

BCNext wants to know: "What benefit will holders of XCP get (like 100x rise of the price)?"

[GSI_Kristjan]

This could prove to be the most promising altcoin news up to date.
Will be following the progress with great interest!