|
Matt Y
|
 |
August 21, 2015, 04:19:04 PM |
|
Not being around for 8 months - maybe I missed some developments- are there programmers aside from the founders working on this or is it just the General manager?
You should be able to look on Github and find out pretty easily who's making the commits. If the founders are the only ones working on it, this is the community's failure, not theirs. |
|
|
|
|
|
|
|
|
|
|
|
|
Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Matt Y
|
|
August 21, 2015, 04:27:48 PM |
|
If the big companies and banks are just intested in the technology, they can just build their own network with counterparty technology, just as what have already been done by Symbiont. As a private ledger they certainly don't need the existing network (holders and assets).
Counterparty or more precisely XCP certainly still has its value as an established public platform supports smart contracts. However, next time don't to be too excited when we see news that XYZ company or ABC bank invests in Symbiont or intested in counterparty technology.
Re 1st paragraph: They clearly said that Symbiont tech does not compete or overlap with Counterparty tech. They have built other solutions (permissioned ledgers) and will use those when that's what clients want -- which is probably what most clients want atm if you look at the current permissioned ledger craze. This is a good way to get business and wait until people/regulations come around and clear up. To sum it up -- they have more than one solution and are in a discovery phase. When Counterparty tech is applicable to use, they will use it, because they did not build any overlapping or competing tech. Re 2nd: I don't really know what to say. Obviously an investment in Symbiont is good, but does not have an immediate effect on the price of XCP, especially when Counterparty's main use is not even online. And yeah, of course I would rather have someone dump 20m into XCP, but it's super unrealistic to think that will happen. The mention of Red Hat earlier in the thread was a good one. It's a billion dollar business that repackages open source software and resells it with added stuff. The software Red Hat pushes is very, very successful in part because of Red Hat sometimes selling it to businesses. |
|
|
|
|
Matt Y
|
|
August 21, 2015, 04:30:31 PM |
|
Am I the only one that was hoping Symbiont's first project (their blockchain-based security issuance) would incorporate Counterparty? For me, that's what this dump was about. We potentially had a near-term, real world, major use case for Counterparty by a VC-backed company and yesterday we found out that we don't. That's not to say Counterparty is dead, far from it, but this news was a letdown for me for that reason.
Yeah, that sucked. I'm more speaking to the recent dump that came with the announcement even more recently. This is what makes no sense to me. |
|
|
|
|
deliciousowl
|
|
August 21, 2015, 08:07:06 PM |
|
As others have mentioned this looks like a successful open-source funding model, wherein the business element funnels funding into the open-source development. It didn't kill Linux, quite the opposite actually.  |
|
|
|
BitThink
Legendary
 Offline
Activity: 882
Merit: 1000
|
|
August 22, 2015, 12:33:05 AM |
|
If the big companies and banks are just intested in the technology, they can just build their own network with counterparty technology, just as what have already been done by Symbiont. As a private ledger they certainly don't need the existing network (holders and assets).
Counterparty or more precisely XCP certainly still has its value as an established public platform supports smart contracts. However, next time don't to be too excited when we see news that XYZ company or ABC bank invests in Symbiont or intested in counterparty technology.
Re 1st paragraph: They clearly said that Symbiont tech does not compete or overlap with Counterparty tech. They have built other solutions (permissioned ledgers) and will use those when that's what clients want -- which is probably what most clients want atm if you look at the current permissioned ledger craze. This is a good way to get business and wait until people/regulations come around and clear up. To sum it up -- they have more than one solution and are in a discovery phase. When Counterparty tech is applicable to use, they will use it, because they did not build any overlapping or competing tech. Re 2nd: I don't really know what to say. Obviously an investment in Symbiont is good, but does not have an immediate effect on the price of XCP, especially when Counterparty's main use is not even online. And yeah, of course I would rather have someone dump 20m into XCP, but it's super unrealistic to think that will happen. The mention of Red Hat earlier in the thread was a good one. It's a billion dollar business that repackages open source software and resells it with added stuff. The software Red Hat pushes is very, very successful in part because of Red Hat sometimes selling it to businesses. Yes, I agree most of you have said. My post is by no means complaining. Actually I owns a lot to the devs since I earned quit a lot as a burner. Moreover, I am not saying Symbiont is doing something wrong. As a company, they are certainly doing the right thing, as obviously only private ledger brings revenue currently. I am just want to warn the new comers to not have an unrealistic expectation that price of XCP will be immediately pushed up if Symbiont gets more funding. I prefer the XCP increase steadily with the growing usage. Hate to see another pump and dump. Concentrate on the progress of counterparty itself and less on Symbiont. |
|
|
|
|
|
Matt Y
|
|
August 22, 2015, 02:56:41 AM |
|
Makes sense. The only thing I'd say is almost nothing goes up super smoothly. We'll see more pumps and more dumps unless the project dies.
|
|
|
|
tyz
Legendary
Offline
Activity: 3360
Merit: 1530
|
|
August 22, 2015, 01:40:06 PM |
|
I having problem to log into my counterparty account on counterwallet.io. I got the following message:  I tried it several times. |
|
|
|
|
pankogulo
Full Member
Offline
Activity: 121
Merit: 100
Counterparty General Manager
|
|
August 22, 2015, 01:55:07 PM |
|
I having problem to log into my counterparty account on counterwallet.io. I got the following message: I tried it several times. having the same problam, anyone knows what is going on? Devs have been notified, so hopefully the issue will be resolved soon. Coindaddy doesn't seem to be experiencing any issues at the moment, so feel free to use that server https://counterwallet.coindaddy.io/ |
|
|
|
|
|
tyz
Legendary
Offline
Activity: 3360
Merit: 1530
|
|
August 22, 2015, 03:08:25 PM |
|
Okay, thanks. I did not know that the coindaddy wallet is also an option to counterwallet.io. |
|
|
|
|
tyz
Legendary
Offline
Activity: 3360
Merit: 1530
|
|
August 22, 2015, 03:36:53 PM |
|
Two questions since I am pretty new to Counterparty.
1) I've created an account with counterwallet, bought some coins and transferred them to my wallet. Now, my wallet also shows a Bitcoin balance of around 5000 sats. But I have never transferred any BTC to my counterwallet. What is this about?
2) I realized that there is not a translation of counterwallet for all languages. Are there any bounties to translate the wallet? I've got some experience in translations.
|
|
|
|
|
BitThink
Legendary
Offline
Activity: 882
Merit: 1000
|
|
August 22, 2015, 03:52:46 PM |
|
Two questions since I am pretty new to Counterparty.
1) I've created an account with counterwallet, bought some coins and transferred them to my wallet. Now, my wallet also shows a Bitcoin balance of around 5000 sats. But I have never transferred any BTC to my counterwallet. What is this about?
2) I realized that there is not a translation of counterwallet for all languages. Are there any bounties to translate the wallet? I've got some experience in translations.
1) it's normal. A XCP transaction has to be a valid BTC transaction so it requires a non-dust amount of BTC to be sent. 2) I don't know. |
|
|
|
|
pankogulo
Full Member
Offline
Activity: 121
Merit: 100
Counterparty General Manager
|
|
August 22, 2015, 03:56:35 PM |
|
2) I realized that there is not a translation of counterwallet for all languages. Are there any bounties to translate the wallet? I've got some experience in translations.
There are no bounties for translation currently. If you're interested, here's the Counterwallet localization page: https://www.transifex.com/counterparty/counterwallet/ |
|
|
|
bitcoinrocks
Legendary
Offline
Activity: 1372
Merit: 1000
|
|
August 22, 2015, 04:20:03 PM |
|
Am I the only one that was hoping Symbiont's first project (their blockchain-based security issuance) would incorporate Counterparty? For me, that's what this dump was about. We potentially had a near-term, real world, major use case for Counterparty by a VC-backed company and yesterday we found out that we don't. That's not to say Counterparty is dead, far from it, but this news was a letdown for me for that reason.
Yeah, that sucked. I'm more speaking to the recent dump that came with the announcement even more recently. This is what makes no sense to me. Was it made known previous to this most recent announcement from Symbiont that their blockchain security would not incorporate Counterparty? |
|
|
|
|
|
Matt Y
|
|
August 22, 2015, 05:14:04 PM
Last edit: August 22, 2015, 05:37:04 PM by Matt Y |
|
Am I the only one that was hoping Symbiont's first project (their blockchain-based security issuance) would incorporate Counterparty? For me, that's what this dump was about. We potentially had a near-term, real world, major use case for Counterparty by a VC-backed company and yesterday we found out that we don't. That's not to say Counterparty is dead, far from it, but this news was a letdown for me for that reason.
Yeah, that sucked. I'm more speaking to the recent dump that came with the announcement even more recently. This is what makes no sense to me. Was it made known previous to this most recent announcement from Symbiont that their blockchain security would not incorporate Counterparty? Blockchain security? |
|
|
|
bitcoinrocks
Legendary
Offline
Activity: 1372
Merit: 1000
|
|
August 22, 2015, 06:11:52 PM |
|
Yes, their smart security issued on the bitcoin blockchain.
|
|
|
|
|
|
Matt Y
|
|
August 22, 2015, 06:24:44 PM |
|
Well, there was the thread on Counterparty that discussed it and it was also discussed in the Skype chat. You could have also looked at the block and transactions yourself to find out what was the case.
|
|
|
|
bitcoinrocks
Legendary
Offline
Activity: 1372
Merit: 1000
|
|
August 22, 2015, 09:53:39 PM |
|
Well, there was the thread on Counterparty that discussed it and it was also discussed in the Skype chat. You could have also looked at the block and transactions yourself to find out what was the case.
This thread? https://counterpartytalk.org/t/what-exactly-happened-on-block-368-396/1391/12Nothing was made clear in that thread until Symbiont issued their most recent announcement. I'm not sure why you think a) the realization that Symbiont's security issuance does not use Counterparty, and b) Symbiont's most recent announcement, took place at different times: Yeah, that sucked. I'm more speaking to the recent dump that came with the announcement even more recently. According to the posts in that thread (and this thread), those two things happened at the same time. |
|
|
|
|
|
Matt Y
|
|
August 22, 2015, 09:56:10 PM |
|
Well, there was the thread on Counterparty that discussed it and it was also discussed in the Skype chat. You could have also looked at the block and transactions yourself to find out what was the case.
may I ask what skype chat is that? There is a public Skype Counterparty Skype chat that anyone can join. If you PM me your username i can add you to it. |
|
|
|
|
Matt Y
|
|
August 22, 2015, 10:00:02 PM |
|
Well, there was the thread on Counterparty that discussed it and it was also discussed in the Skype chat. You could have also looked at the block and transactions yourself to find out what was the case.
This thread? https://counterpartytalk.org/t/what-exactly-happened-on-block-368-396/1391/12Nothing was made clear in that thread until Symbiont issued their most recent announcement. I'm not sure why you think a) the realization that Symbiont's security issuance does not use Counterparty and b) Symbiont's most recent announcement took place at different times: Yeah, that sucked. I'm more speaking to the recent dump that came with the announcement even more recently. According to the posts in that thread (and this thread), those two things happened at the same time. The first post in that thread which was made 18 days ago says "FACT: No Counteparty transactions in that block." That should pretty clearly answer a and b for you. There was an additional conversation about it in the public Sktype chat, which any XCP investor/potential investor should be in. The Skype channel has been mentioned in this thread and is also on the Counterparty site: http://counterparty.io/support/Not sure if the link works, but I can add people if it doesn't. |
|
|
|
|
