bitcoinrocks
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Activity: 1372
Merit: 1000
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May 20, 2015, 02:05:35 AM |
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I sent some XCP to a new BTC address and blockscan.com shows the XCP there but none of the BTC dust shows up in Multibit. What does that mean?
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Matt Y
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May 20, 2015, 03:06:24 PM |
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Kergekoin
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May 21, 2015, 06:28:39 AM |
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This and the comments was interesting reading. Thank you for linking. |
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Praxis
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Activity: 1118
Merit: 1004
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May 21, 2015, 02:27:51 PM |
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I am excited about Symbiont.io ... These guys are serious it's not just a few geeks sitting in their mom's basement!  It's in NY on Broadway, team of extremely talented programmers with an amazing idea. They also seem to be financed. However it all looks like it's in its diapers still , ie. very early stages. |
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Matt Y
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May 21, 2015, 03:02:49 PM |
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I am excited about Symbiont.io ... These guys are serious it's not just a few geeks sitting in their mom's basement! It's in NY on Broadway, team of extremely talented programmers with an amazing idea. They also seem to be financed. However it all looks like it's in its diapers still , ie. very early stages. I would guess that the limiting factor will be regulation and compliance, not technology creation. If you listen to Robby's more recent interview on Let's Talk Bitcoin, he mentions that they've chosen a market that's away from the retail consumer to limit the amount of regulation/compliance. He then declines to mention what market Symbiont will enter, even on a broad scale, which in and of itself is a good sign (that they fear competition). You can infer what markets they may go after by looking at Mark Smith's LinkedIn. https://www.linkedin.com/in/markshelbysmith |
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Matt Y
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May 21, 2015, 05:05:39 PM |
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Also potentially interesting is that Symbiont is already listed in SenaHill's portfolio. They will very likely lead the initial round of funding. http://senahill.com/our-portfolio/ |
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Praxis
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Activity: 1118
Merit: 1004
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May 21, 2015, 06:22:26 PM |
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Thanks for sharing, Matt. Extremely interesting info. “After studying the intricacies of the blockchain over the last few years and working with Counterparty on a separate project it became clear that blockchains in general, and Counterparty specifically, could solve long standing, previously intractable problems that exist in modern financial market” Mark Smith, CEO of Symbiont |
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Kergekoin
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May 28, 2015, 05:48:26 AM |
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Another swing high or some hidden information behind the XCP price rise?  |
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Matt Y
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May 28, 2015, 06:27:34 AM |
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nakaone
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May 28, 2015, 12:59:22 PM |
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nice conversation on reddit also - even as a first week burner it is extremely complicated to follow all developments in counterparty |
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Matt Y
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May 29, 2015, 03:13:33 PM |
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bitcoinrocks
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Activity: 1372
Merit: 1000
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May 29, 2015, 06:17:55 PM |
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Does usage of Counterparty's smart token system burn any XCP?
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Matt Y
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May 29, 2015, 06:28:38 PM |
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Does usage of Counterparty's smart token system burn any XCP?
Nonnumerical asset creation carries a .5 XCP fee, currently. That fee can be adjusted, if needed. |
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romerun
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Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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May 31, 2015, 06:23:01 PM |
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Is it possible for Counterparty to utilize the speed of the lightning network ? For example, 2 parties trusting the same lightning pool.
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Matt Y
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May 31, 2015, 06:46:20 PM |
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Is it possible for Counterparty to utilize the speed of the lightning network ? For example, 2 parties trusting the same lightning pool.
I don't know. I would only say that the white paper is v 0.5, so whatever happens with the actual technology is probably quite a way out. Anyone know more? |
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mtbitcoin
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Activity: 876
Merit: 1000
Etherscan.io
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June 01, 2015, 03:17:54 AM |
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Does usage of Counterparty's smart token system burn any XCP?
I assume you are referring to smart contracts? Then yes. Xcp is used as gas for the contract execution |
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bitcoinrocks
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Activity: 1372
Merit: 1000
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June 01, 2015, 01:23:48 PM |
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Does usage of Counterparty's smart token system burn any XCP?
I assume you are referring to smart contracts? Then yes. Xcp is used as gas for the contract execution Aren't Counterparty's smart tokens completely distinct from its smart contracts? |
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Matt Y
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June 01, 2015, 04:50:07 PM |
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Does usage of Counterparty's smart token system burn any XCP?
I assume you are referring to smart contracts? Then yes. Xcp is used as gas for the contract execution Aren't Counterparty's smart tokens completely distinct from its smart contracts? Yes, the tokens are separate. The "smart" terminology is a bit confusing. You can just call tokens, tokens. That way there will not be confusion with the smart contracts, which, as Matt mentioned, will use XCP as gas. Tokens are .5 XCP to create. The XCP is burned. |
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