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Author Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread  (Read 1119716 times)
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mcdoom432
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July 22, 2015, 06:27:29 PM
 #11641

Whats up with the counterparty wallet at  counterwallet.io?
I get a error.

failoverAPI: Call failed (failed over across all servers). Method: get_normalized_balances; Last error: JSON-RPC Error:
Type: Server error

Code: -32000

Message: Bad status code returned: '503'. result body: '{"message": "Server error", "code": -32000, "data": "Counterparty database is behind backend."}'.
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July 22, 2015, 06:36:35 PM
 #11642

Consider that the Overstock news prompted a huge rush, while the current Symbiont developments are far more impressive and as far as I can tell, had barely any effect. I believe eventually it will be possible to pinpoint the exact time everything 'clicks' and perspectives change.

Yeah, pretty ridiculous. An online retailer gets in and there is a 4x jump. Some of the biggest people on wall street get in, nobody cares. There will be a massive jump at some point, but it could be a while. Maybe at the next funding round for Symbiont, maybe smart contracts, maybe when Symbiont opens its doors for business. What a crazy world we live in.

This feels like Franz Kafka "The Castle"...

And looks like XCP will be able to finish smart contracts on mainnet soon, the first milestone of Ethereum is almost released.
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July 22, 2015, 06:45:30 PM
 #11643

This feels like Franz Kafka "The Castle"...


Read the wiki on this, seems super interesting. Too bad it was never finished. That said, I couldn't even finish 1984 as it was too depressing. Wink

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July 23, 2015, 04:28:36 PM
 #11644

Consider that the Overstock news prompted a huge rush, while the current Symbiont developments are far more impressive and as far as I can tell, had barely any effect. I believe eventually it will be possible to pinpoint the exact time everything 'clicks' and perspectives change.

Yeah, pretty ridiculous. An online retailer gets in and there is a 4x jump. Some of the biggest people on wall street get in, nobody cares. There will be a massive jump at some point, but it could be a while. Maybe at the next funding round for Symbiont, maybe smart contracts, maybe when Symbiont opens its doors for business. What a crazy world we live in.
It will rise as soon as it becomes clear that these outstanding business development achievements result in a product that requires xcp in order to be usable. That has never been made cristal clear but I don't blame the counterparty devs for it. There is some strategy behind it... But still it would be nice to see more clarity here...
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July 23, 2015, 04:32:18 PM
 #11645

Just posting some of the open source Counterparty-related projects I've seen on GitHub.

Quote
Counterparty Tokens Availability Checker (via wordlist.txt)
https://github.com/makevoid/counterparty_token_checker

Online tools developed to work with Counterparty transactions. Create, sign, and broadcast multisignature transactions with Counterparty Assets or bitcoins. Operates with Mainnet and Testnet.
https://github.com/amilabs/counterparty-tools/
http://cp-tools.amilabs.co/

 Walletgenie : A modular CLI frontend to bitcoin, counterparty and digitial currency daemons
https://github.com/iswt/walletgenie

A ruby gem for communicating with a Counterparty (Bitcoin / XCP) API server
https://github.com/brighton36/counterparty_ruby

Javascript Library for Counterparty (counterparty.io)
https://github.com/loon3/xcp-tools-js

Gateway/vending machine prototype script for the Counterparty protocol
https://github.com/tokenly/xcp-gateway

A Counterparty and Bitcoin based auction machine
https://github.com/tokenly/auction-machine

A client library for the counterparty API
https://github.com/tokenly/xcpd-client

A Counterparty Transaction Parser component for Tokenly.
https://github.com/tokenly/counterparty-transaction-parser

A Counterparty transaction sender
https://github.com/tokenly/counterparty-sender

Counterparty Transaction Watcher
https://github.com/iswt/PartyChain

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July 23, 2015, 06:04:54 PM
 #11646

Very cool.  Do any of those allow me to send XCP without running a full bitcoin node?
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July 23, 2015, 06:44:22 PM
 #11647

Consider that the Overstock news prompted a huge rush, while the current Symbiont developments are far more impressive and as far as I can tell, had barely any effect. I believe eventually it will be possible to pinpoint the exact time everything 'clicks' and perspectives change.

Yeah, pretty ridiculous. An online retailer gets in and there is a 4x jump. Some of the biggest people on wall street get in, nobody cares. There will be a massive jump at some point, but it could be a while. Maybe at the next funding round for Symbiont, maybe smart contracts, maybe when Symbiont opens its doors for business. What a crazy world we live in.
It will rise as soon as it becomes clear that these outstanding business development achievements result in a product that requires xcp in order to be usable. That has never been made cristal clear but I don't blame the counterparty devs for it. There is some strategy behind it... But still it would be nice to see more clarity here...

I agree. I guess the leap for me is that these big names would invest in the Counterparty founding team, whose expertise is, Counterparty, and then not use it. Additionally, with a bit of research I think it becomes apparent that XCP is needed to make the whole process work.

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July 23, 2015, 08:22:37 PM
 #11648

Consider that the Overstock news prompted a huge rush, while the current Symbiont developments are far more impressive and as far as I can tell, had barely any effect. I believe eventually it will be possible to pinpoint the exact time everything 'clicks' and perspectives change.

Yeah, pretty ridiculous. An online retailer gets in and there is a 4x jump. Some of the biggest people on wall street get in, nobody cares. There will be a massive jump at some point, but it could be a while. Maybe at the next funding round for Symbiont, maybe smart contracts, maybe when Symbiont opens its doors for business. What a crazy world we live in.
It will rise as soon as it becomes clear that these outstanding business development achievements result in a product that requires xcp in order to be usable. That has never been made cristal clear but I don't blame the counterparty devs for it. There is some strategy behind it... But still it would be nice to see more clarity here...

If XCP become someday expensive, anyone can't say it was not fair for everyone. There have been two(?) change to buy with burning price and really long with small money. Also big moneys don't have choose price. They only blame and told it was altcoin, unfair launch etc.

I read yesterday this reddit post and and I even can't understand much of it, but still all their problems what I can find, I think are already solved with Counterparty

https://www.reddit.com/r/Bitcoin/comments/3e8a4v/jeff_g_throwing_the_hammer_down_today_on_devlist/
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July 23, 2015, 08:30:34 PM
 #11649

Symbiont mentioned: http://www.bloomberg.com/news/articles/2015-07-23/nasdaq-expects-to-be-first-exchange-to-use-bitcoin-technology

Currently #1 on Reddit https://www.reddit.com/r/Bitcoin/comments/3ebwtk/nasdaq_expects_to_be_first_exchange_using_bitcoin/

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July 24, 2015, 02:39:38 PM
 #11650

Very cool.  Do any of those allow me to send XCP without running a full bitcoin node?

Some like XCP Wallet (extension) for Chrome work entirely out of the browser.
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July 24, 2015, 02:42:25 PM
 #11651

Getting mining on board seems like the next
step in the future of cryptocoins
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July 24, 2015, 02:46:28 PM
 #11652

Getting mining on board seems like the next
step in the future of cryptocoins

are you kidding me sir ?
this is coin asset , not mining and never
just Buy , Hold then Sell when the value increase from when you buy  Wink

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July 24, 2015, 03:29:32 PM
 #11653

Very cool.  Do any of those allow me to send XCP without running a full bitcoin node?

Some like XCP Wallet (extension) for Chrome work entirely out of the browser.

Has anyone used any of these to send XCP without running bitcoind or counterpartyd?
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July 24, 2015, 05:17:00 PM
 #11654

We're back with our regular community updates! http://counterparty.io/news/counterparty-community-update-july-24/

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July 24, 2015, 07:56:39 PM
 #11655

We're back with our regular community updates! http://counterparty.io/news/counterparty-community-update-july-24/

Yay! Have missed these - great to see them back.
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July 24, 2015, 08:19:59 PM
 #11656

We're back with our regular community updates! http://counterparty.io/news/counterparty-community-update-july-24/

Very nice, thank you! Good things to come for XCP.
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July 25, 2015, 05:11:06 PM
 #11657

We're back with our regular community updates! http://counterparty.io/news/counterparty-community-update-july-24/

Quote
Over the last year and a half, Counterparty has evolved into the most advanced platform for creating financial instruments on top of Bitcoin, used by an increasing number of innovative projects. During the last couple of months, our goal was to wrap up the large scale improvements to the Counterparty software suite, complete comprehensive security audits, and once the protocol reaches a mature state start focusing on and building tools and services around it. Symbiont is a step in that direction, developing products that will be utilizing this technology, and we’re very excited to see it be put into use in systems that power modern finance.

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July 25, 2015, 08:43:54 PM
 #11658

We're back with our regular community updates! http://counterparty.io/news/counterparty-community-update-july-24/

Quote
Over the last year and a half, Counterparty has evolved into the most advanced platform for creating financial instruments on top of Bitcoin, used by an increasing number of innovative projects. During the last couple of months, our goal was to wrap up the large scale improvements to the Counterparty software suite, complete comprehensive security audits, and once the protocol reaches a mature state start focusing on and building tools and services around it. Symbiont is a step in that direction, developing products that will be utilizing this technology, and we’re very excited to see it be put into use in systems that power modern finance.

I don't understand the emphasis. The Counterparty Protocol is a purpose-built financial services layer on top of Bitcoin. XCP tokens are the necessary analogue of BTC (wrt. transaction fees) to prevent abuse of the upcoming smart contract system. Symbiont was founded in part by the founders of the Counterparty Project. Of course the emphasised sentence holds true.

A liquid XCP/BTC market (particularly on the DEx, via semi-centralised means or othewise) will actually make it look like the smart contract fuel is being paid directly with BTC with the XCP supply regulating the perceived BTC fuel fee. A very clever self regulating system.
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July 25, 2015, 08:52:37 PM
 #11659

We're back with our regular community updates! http://counterparty.io/news/counterparty-community-update-july-24/

Quote
Over the last year and a half, Counterparty has evolved into the most advanced platform for creating financial instruments on top of Bitcoin, used by an increasing number of innovative projects. During the last couple of months, our goal was to wrap up the large scale improvements to the Counterparty software suite, complete comprehensive security audits, and once the protocol reaches a mature state start focusing on and building tools and services around it. Symbiont is a step in that direction, developing products that will be utilizing this technology, and we’re very excited to see it be put into use in systems that power modern finance.

I don't understand the emphasis. The Counterparty Protocol is a purpose-built financial services layer on top of Bitcoin. XCP tokens are the necessary analogue of BTC (wrt. transaction fees) to prevent abuse of the upcoming smart contract system. Symbiont was founded in part by the founders of the Counterparty Project. Of course the emphasised sentence holds true.


It's been said in various places that there has been ambiguity on this point and that Symbiont may not use Counterparty/XCP. I do agree that this post should not have been needed and that it should have already been obvious that Symbiont will use Counterparty/XCP.

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July 25, 2015, 10:34:25 PM
 #11660

It's been said in various places that there has been ambiguity on this point and that Symbiont may not use Counterparty/XCP. I do agree that this post should not have been needed and that it should have already been obvious that Symbiont will use Counterparty/XCP.

Quote
Over the last year and a half, Counterparty has evolved into the most advanced platform for creating financial instruments on top of Bitcoin, used by an increasing number of innovative projects. During the last couple of months, our goal was to wrap up the large scale improvements to the Counterparty software suite, complete comprehensive security audits, and once the protocol reaches a mature state start focusing on and building tools and services around it. Symbiont is a step in that direction, developing products that will be utilizing this technology, and we’re very excited to see it be put into use in systems that power modern finance.

I don't understand the emphasis. The Counterparty Protocol is a purpose-built financial services layer on top of Bitcoin. XCP tokens are the necessary analogue of BTC (wrt. transaction fees) to prevent abuse of the upcoming smart contract system. Symbiont was founded in part by the founders of the Counterparty Project. Of course the emphasised sentence holds true.

You'd be surprised. If I got a $1 for each time I heard that, I'd retire. I'm really, really glad that was posted. If you want to get into a fight on Reddit,  post how obvious it is. I'm doubtful that even this update will clear people up.

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