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Author Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread  (Read 1276318 times)
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prophetx
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January 09, 2015, 12:00:32 PM
 #10621

Of course it's 1-4 AM in the US when everyone is asleep and cannot respond.

Very clever.

Yes, Might expect more downwards price-movement when the news trickles
On that note, If anyone would like to sell XCP in batches, without hitting exchanges, you're welcome to PM for a quick sale.


what size batches are we talking about, can you handle 5000+?
Anotheranonlol
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January 09, 2015, 12:41:55 PM
 #10622

Of course it's 1-4 AM in the US when everyone is asleep and cannot respond.

Very clever.

Yes, Might expect more downwards price-movement when the news trickles
On that note, If anyone would like to sell XCP in batches, without hitting exchanges, you're welcome to PM for a quick sale.


what size batches are we talking about, can you handle 5000+?

No, Sent you PM

deliciousowl
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January 09, 2015, 12:56:46 PM
 #10623

otherwise it will look very much like CP is being abandoned with an incomplete dev team.

While I agree with your sentiment that this matter should be cleared up, I wouldn't say the team is 'incomplete' by any means. XCP has two full-time devs, and they just hired another. (And are still hiring). And as it was mentioned many pages previously, the devs that are working on Medici are still very much active on XCP (and the topic of their Overstock work is still directly using the XCP platform).

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January 09, 2015, 03:36:06 PM
 #10624

Is there a possible way to sent an asset with custom BTC fee?

   ~~MZ~~

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January 09, 2015, 03:40:34 PM
 #10625

otherwise it will look very much like CP is being abandoned with an incomplete dev team.

While I agree with your sentiment that this matter should be cleared up, I wouldn't say the team is 'incomplete' by any means. XCP has two full-time devs, and they just hired another. (And are still hiring). And as it was mentioned many pages previously, the devs that are working on Medici are still very much active on XCP (and the topic of their Overstock work is still directly using the XCP platform).

Note, it is necessary here to distinguish between Counterparty (protocol/platform) and XCP (the token).  Medici is being built on Counterparty (protocol/platform) and some aspects of it will use XCP (token).  That is all we really know.

BTC/XCP 11596GYYq5WzVHoHTmYZg4RufxxzAGEGBX
DRK XvFhRFQwvBAmFkaii6Kafmu6oXrH4dSkVF
Eligius Payouts/CPPSRB Explained  I am not associated with Eligius in any way.  I just think that it is a good pool with a cool payment system Smiley
pankogulo
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January 09, 2015, 03:42:01 PM
 #10626

Developers are making great progress as usual: Counterparty Development Update #10: New Counterwallet Release, Desktop Wallet Development & More http://counterparty.io/news/counterparty-development-update-10/

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January 09, 2015, 04:14:27 PM
 #10627

Developers are making great progress as usual: Counterparty Development Update #10: New Counterwallet Release, Desktop Wallet Development & More http://counterparty.io/news/counterparty-development-update-10/

I'm waiting for counterparty-GUI. Do you know when it will release? Approx. time? Smiley

Bumping the post:

Is there a possible way to sent an asset with custom BTC fee?

   ~~MZ~~

pankogulo
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January 09, 2015, 04:21:51 PM
 #10628

Developers are making great progress as usual: Counterparty Development Update #10: New Counterwallet Release, Desktop Wallet Development & More http://counterparty.io/news/counterparty-development-update-10/

I'm waiting for counterparty-GUI. Do you know when it will release? Approx. time? Smiley

Bumping the post:

Is there a possible way to sent an asset with custom BTC fee?

   ~~MZ~~

As mentioned in the post, first version is coming out by the end of the month.

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January 09, 2015, 04:56:17 PM
 #10629

Developers are making great progress as usual: Counterparty Development Update #10: New Counterwallet Release, Desktop Wallet Development & More http://counterparty.io/news/counterparty-development-update-10/

I'm waiting for counterparty-GUI. Do you know when it will release? Approx. time? Smiley

Bumping the post:

Is there a possible way to sent an asset with custom BTC fee?

   ~~MZ~~

This same question was posted and answered recently -

Not sure if this any of these have been posted before, I had just noticed them browsing github

Auction platform that works with counterparty assets:

Smart Contracting As A Service platform (alpha stage):

Ruby gem for communicating with a Counterparty (Bitcoin / XCP) API server:

When you transfer a Counterparty Asset, you send a dust-amount of BTC as well.

Is it possible to transfer any amount (>= dust limit) of BTC in a Counterparty transaction?

For example, an electronics store sells a TV for 1 BTC. However, if you have a discount token, you'll get the TV for 0.9 BTC + 1 discount token. Can the 0.9 BTC + token be transferred in one transaction?

usually you apply the discount at the shopping cart stage, the price is then recalculated at checkout, could be done that way but it's a little cumbersome. (Especially if the user doesn't pay in the end) I think it is possible though. see: https://wiki.counterparty.io/w/Sendmany
Maybe there has been some newer developments on that front though or a more appropriate way

usually you apply the discount at the shopping cart stage, the price is then recalculated at checkout, could be done that way but it's a little cumbersome.

One way to implement a token-based discount is that whoever owns/holds a token gets the discount. Another way (that I had in mind) requires you to transfer it back to the store. In this case it is lot more convenient to transfer both BTC and Counterparty token in the same transaction.
theoritally it's fine to replace the antidust amount sent to the recipipient with any amount larger. However, it's not implemented in the current counterpartyd yet. Maybe later we can customize the amount of BTC we sent in xcp transactions, but I am not sure whether this is really useful.

It actually is implemented, both in the CLI and the API, at a per-transaction level:

Code:
--regular-dust-size REGULAR_DUST_SIZE
                        value for dust Pay‐to‐Pubkey‐Hash outputs, in BTC
--multisig-dust-size MULTISIG_DUST_SIZE
                        for dust OP_CHECKMULTISIG outputs, in BTC

It's useful if you're making a *lot* of (similar) transactions, and want to lower your costs as much as possible. The default fee and dust values are very generous, because they have to work well in all circumstances.

LordMeowMeow
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January 09, 2015, 05:05:35 PM
 #10630

If possible, it would be good to get a word from the devs in re:Medici.
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January 09, 2015, 05:30:28 PM
 #10631

If possible, it would be good to get a word from the devs in re:Medici.

While I wouldn't say no to an update either, you need to think about what you are asking.

The Counterparty Protocol is in an extremely healthy state with a very exciting roadmap ahead. Patrick Byrne saying that he has a "loose alliance" with Counterparty doesn't change that at all. If you think about it, you can only have a loose alliance (if any) with a protocol. The organizational representation of Counterparty - The Counterparty Foundation is just a few weeks old.

Overstock did a talent acquire of some Counterparty Developers with the intention to construct a particular technology, Medici (cryptosecurity infrastructure). The Counterparty Protocol may or may not play a part in that infrastructure (though it could play a significant role with it's blockchain security and smart contracts, for example). It has probably become obvious to everyone involved that other additional technologies are required to make a composite solution for Medici to work in a flawless and familiar way - e.g. reputation systems, fiat pegged cryptocurrency, 3rd party secure asset storage, centralized asset exchange, new regulations, etc.

I would expect that the Counterparty Devs are not at liberty (under NDA for example) to discuss Medici anyway.

Disclaimer: I know nothing, this post is purely speculation on my behalf.


mitache365
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January 09, 2015, 06:12:13 PM
 #10632

good dump. time to pick up some Smiley

BTC
prophetx
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January 09, 2015, 07:46:06 PM
 #10633



Disclaimer: I know nothing, this post is purely speculation on my behalf.



don't worry you are not the only one left in the dark.

on the other hand i learned something interesting about Ethereum the other day.

Muhammed Zakir
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January 10, 2015, 01:26:44 AM
 #10634

This same question was posted and answered recently -

Not sure if this any of these have been posted before, I had just noticed them browsing github

Auction platform that works with counterparty assets:

Smart Contracting As A Service platform (alpha stage):

Ruby gem for communicating with a Counterparty (Bitcoin / XCP) API server:

When you transfer a Counterparty Asset, you send a dust-amount of BTC as well.

Is it possible to transfer any amount (>= dust limit) of BTC in a Counterparty transaction?

For example, an electronics store sells a TV for 1 BTC. However, if you have a discount token, you'll get the TV for 0.9 BTC + 1 discount token. Can the 0.9 BTC + token be transferred in one transaction?

usually you apply the discount at the shopping cart stage, the price is then recalculated at checkout, could be done that way but it's a little cumbersome. (Especially if the user doesn't pay in the end) I think it is possible though. see: https://wiki.counterparty.io/w/Sendmany
Maybe there has been some newer developments on that front though or a more appropriate way

usually you apply the discount at the shopping cart stage, the price is then recalculated at checkout, could be done that way but it's a little cumbersome.

One way to implement a token-based discount is that whoever owns/holds a token gets the discount. Another way (that I had in mind) requires you to transfer it back to the store. In this case it is lot more convenient to transfer both BTC and Counterparty token in the same transaction.
theoritally it's fine to replace the antidust amount sent to the recipipient with any amount larger. However, it's not implemented in the current counterpartyd yet. Maybe later we can customize the amount of BTC we sent in xcp transactions, but I am not sure whether this is really useful.

It actually is implemented, both in the CLI and the API, at a per-transaction level:

Code:
--regular-dust-size REGULAR_DUST_SIZE
                        value for dust Pay‐to‐Pubkey‐Hash outputs, in BTC
--multisig-dust-size MULTISIG_DUST_SIZE
                        for dust OP_CHECKMULTISIG outputs, in BTC

It's useful if you're making a *lot* of (similar) transactions, and want to lower your costs as much as possible. The default fee and dust values are very generous, because they have to work well in all circumstances.

Thanks! I would need counterpartyd for it and it needs whole block chain. I saw that. I was asking if it was possible inside the counterwallet or any other light wallets to do it.

   ~~MZ~~

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January 10, 2015, 11:10:45 PM
 #10635

How safe is https://counterwallet.io?

Can somebody explain to me how is this working? How can we be sure that somebody is not putting a backdoor like form to steal our 12 words password upon login?
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January 10, 2015, 11:25:30 PM
 #10636

My understanding is that Counterwallet has a similar security profile to Electrum.

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January 10, 2015, 11:38:57 PM
 #10637

How safe is https://counterwallet.io?

Can somebody explain to me how is this working? How can we be sure that somebody is not putting a backdoor like form to steal our 12 words password upon login?


It's open-source, and everything is handled using javascript (on your computer). The actual login and transaction signing process isn't done on any server (in fact your passphrase is never sent to counterwallet.io), instead it all happens inside your browser: https://counterwallet.io/js/counterwallet-min.js?v=03f7c112aa43

If you are still worried, you could run Counterwallet, or counterpartyd (the command line client) on your own computer. CounterpartyGUI (graphical user interface for your local computer) is coming soon, see http://counterparty.io/news/counterparty-development-update-10/.

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January 10, 2015, 11:45:19 PM
 #10638

How safe is https://counterwallet.io?

Can somebody explain to me how is this working? How can we be sure that somebody is not putting a backdoor like form to steal our 12 words password upon login?


It's open-source, and everything is handled using javascript (on your computer). The actual login and transaction signing process isn't done on any server (in fact your passphrase is never sent to counterwallet.io), instead it all happens inside your browser: https://counterwallet.io/js/counterwallet-min.js?v=03f7c112aa43

If you are still worried, you could run Counterwallet, or counterpartyd (the command line client) on your own computer. CounterpartyGUI (graphical user interface for your local computer) is coming soon, see http://counterparty.io/news/counterparty-development-update-10/.

Does that mean that I can download the counterwallet.io and make a clone of it, and run it on localhost webserver?

I trust https://counterwallet.io but I can't trust it 24/7. You can never know if somebody's gonna be able at some point to inject some code into the javascript.
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January 10, 2015, 11:54:57 PM
 #10639

Does that mean that I can download the counterwallet.io and make a clone of it, and run it on localhost webserver?

I trust https://counterwallet.io but I can't trust it 24/7. You can never know if somebody's gonna be able at some point to inject some code into the javascript.

Yes.

Also to address your point: I'd say its for hot wallets and convenience. If you are dealing with substantial amounts of funds, it's a better security practice to use counterpartyd and/or cold storage (same as with Bitcoin). You could also add watch-only addresses in Counterwallet.io and sign the transactions offline (that way your funds will remain where they are, even if you get hacked).

Does anyone know if it's possible to create a smart contract that mixes coins? I know there was recently a push for a raffle type script but a mixer would to me be a lot more beneficial for the liberty and freedom ideals.

Tricky question. But I'm guessing it should be possible.

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January 11, 2015, 12:00:55 AM
 #10640

Does that mean that I can download the counterwallet.io and make a clone of it, and run it on localhost webserver?

I trust https://counterwallet.io but I can't trust it 24/7. You can never know if somebody's gonna be able at some point to inject some code into the javascript.

Yes.

Also to address your point: I'd say its for hot wallets and convenience. If you are dealing with substantial amounts of funds, it's a better security practice to use counterpartyd and/or cold storage (same as with Bitcoin). You could also add watch-only addresses in Counterwallet.io and sign the transactions offline (that way your funds will remain where they are, even if you get hacked).

Does anyone know if it's possible to create a smart contract that mixes coins? I know there was recently a push for a raffle type script but a mixer would to me be a lot more beneficial for the liberty and freedom ideals.

Tricky question. But I'm guessing it should be possible.

Nice, thanks.

Is there any archive with the counterparty.io web wallet? It's a paint to recreate all files one by one

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