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

[flayway]

Looks like we really need some good news

As far I understand devs still support XCP protocol but are full day busy with Symbiont what not really give any value for XCP, right?

There is few project what have sell their shares/cards/what ever through counterparty but there is not really anything what use XCP in any other way than possibility to trade assets/shares?

Everything what happen around XCP, new wallets example mobile btw looking nice, but not have tested are running by community but there are not really anything else than wallets now?

Then if smart contracts are coming to Counterparty that are using XCP for gas or there are not really any fact about this?


Thanks if someone can give some comment about this questions.

[1715152334]

1715152334

[BitThink]

Looks like we really need some good news

As far I understand devs still support XCP protocol but are full day busy with Symbiont what not really give any value for XCP, right?

There is few project what have sell their shares/cards/what ever through counterparty but there is not really anything what use XCP in any other way than possibility to trade assets/shares?

Everything what happen around XCP, new wallets example mobile btw looking nice, but not have tested are running by community but there are not really anything else than wallets now?

Then if smart contracts are coming to Counterparty that are using XCP for gas or there are not really any fact about this?


Thanks if someone can give some comment about this questions.

I will try my best to give my answers of your questions. Matt later may give you his. Hope more answers will be better than only one.

1) yes Symbiont still supports counterparty, but in my opinion mostly on the low level library, cause it is also used by their private ledgers. This explains why they spent months to refactorized it to be more modulized. Now they don't have enough energy and time to spend on the application level, let alone marketing.

2) you can check the assets tab of coinmarketcp to see the assets from various platforms. A few of them are on counterparty but none of them are really popular enough. Most of them were built long ago. Wish there could be more.

3) last year, a desktop version wallet was promised by the devs, but later it was postponed and seems no progress anymore, or I missed the release.

4) smart contracts are in testnet long ago, but now is waiting for Etherium to be mature and thoroughly tested. So no schedule to be on mainnet at all. As we know, etherium has faced their own problems now.

I have tried my best to be as objective as I can. Please correct me if I made any mistake.

[bitcoinrocks]

BitThink, I for one appreciate your comments and analysis which I see as fair and objective.

[flayway]

Looks like we really need some good news

As far I understand devs still support XCP protocol but are full day busy with Symbiont what not really give any value for XCP, right?

There is few project what have sell their shares/cards/what ever through counterparty but there is not really anything what use XCP in any other way than possibility to trade assets/shares?

Everything what happen around XCP, new wallets example mobile btw looking nice, but not have tested are running by community but there are not really anything else than wallets now?

Then if smart contracts are coming to Counterparty that are using XCP for gas or there are not really any fact about this?


Thanks if someone can give some comment about this questions.

I will try my best to give my answers of your questions. Matt later may give you his. Hope more answers will be better than only one.

1) yes Symbiont still supports counterparty, but in my opinion mostly on the low level library, cause it is also used by their private ledgers. This explains why they spent months to refactorized it to be more modulized. Now they don't have enough energy and time to spend on the application level, let alone marketing.

2) you can check the assets tab of coinmarketcp to see the assets from various platforms. A few of them are on counterparty but none of them are really popular enough. Most of them were built long ago. Wish there could be more.

3) last year, a desktop version wallet was promised by the devs, but later it was postponed and seems no progress anymore, or I missed the release.

4) smart contracts are in testnet long ago, but now is waiting for Etherium to be mature and thoroughly tested. So no schedule to be on mainnet at all. As we know, etherium has faced their own problems now.

I have tried my best to be as objective as I can. Please correct me if I made any mistake.

Thanks, this answer is about what I have think about Counterparty situation atm. I think biggest question is now that can Counterparty deliver smart contracts before than other platforms... But what I have read about all others are in same "standby"-mode and any project not really go forward fast now, but I don't know are there building any bigger projects yet for any platforms or everyone are waiting what platform will be best.

[BitThink]

BitThink, I for one appreciate your comments and analysis which I see as fair and objective.

Thank you so much, bitcoinrocks.

[tyz]

Read the first time of Colu. Does it use the Bitcoin blockchain, too, or does it have its own blockchain?

Wondering if there is a big company behind the firm since there is Deloitte listed on the website.

Has anyone heard that Swarm switched from Counterparty to Colu?

[BitThink]

Read the first time of Colu. Does it use the Bitcoin blockchain, too, or does it have its own blockchain?

Wondering if there is a big company behind the firm since there is Deloitte listed on the website.

Has anyone heard that Swarm switched from Counterparty to Colu?

According to their introduction, it's based on colored coin. Yes, it is based on Bitcoin blockchain. However, colored coin based solution only supports issuing, transferring, and verification. Itself does not support decentralized exchange (DEX), so it still needs a centralized exchange to help match sell/buy orders.

[tyz]

Okay, thanks! So NXT for instance is still superior to Colu if I got you right. Does not seem to be a big competitor for counterparty at all.

Read the first time of Colu. Does it use the Bitcoin blockchain, too, or does it have its own blockchain?

Wondering if there is a big company behind the firm since there is Deloitte listed on the website.

Has anyone heard that Swarm switched from Counterparty to Colu?

According to their introduction, it's based on colored coin. Yes, it is based on Bitcoin blockchain. However, colored coin based solution only supports issuing, transferring, and verification. Itself does not support decentralized exchange (DEX), so it still needs a centralized exchange to help match sell/buy orders.

[flayway]

Actually it is only good if devs are busy with Symbiont and that help someway Counterparty. If there need wait Ethereum anyway...


Today we have go to new bottom with price, all buy support is gone.

[Creat0r]

Hi!

My name is Konstantin. I'm cyber•Fund co-founder.
I'm happy to announce now Counterparty is available in cyber•Fund real time portfolio tracker. So you can easy control your portfolio valuation of Counterparty and other cryptoasset that you have in real time.

Look how we do it with our funds - https://cyber.fund/@satoshi_fund

If you are a developer you can easy improve Counterparty main page using Chaingear on github. Stellar, Dash and NuBits have already upgraded their page.

Also  don't forget to follow Counterparty on https://cyber.fund/system/Counterparty.

Thank you for your attention, I will be happy if you will use our service.
Konstantin Lomashuk

[Cornett]

Don't worry guys. The work on XCP is going on behind the scene.

Watch Counterparty Github updates here:
https://github.com/CounterpartyXCP

[deliciousowl]

Don't worry guys. The work on XCP is going on behind the scene.

Watch Counterparty Github updates here:
https://github.com/CounterpartyXCP

It would be nice to have some announcements or information on any of this though. Panic selling perpetuates too quickly in silence.

[xnova]

It would be nice to have some announcements or information on any of this though.

^^^

I was a guest on Robert's Counterparty radio show where I covered the current technical progress we're making on the core Counterparty software: https://letstalkbitcoin.com/blog/post/xcp-weekly-update-18-robby-dermody-and-jop-hartog

To that end, we released 9.51.4 a few weeks back: https://github.com/CounterpartyXCP/counterparty-lib/releases/tag/v9.51.4
It has major performance updates.

Just today, we pushed the "undolog" changes to the "develop" branch (https://github.com/CounterpartyXCP/counterparty-lib/commits/develop), which will make reorg processing almost instantaneous (where before, it could take 15-45 minutes in some cases). This is another major improvement for the core counterparty software, and should be released to "master" within a few weeks, pending some additional testing.

We also made some significant improvements to counterblock, on the "fixes1" branch (https://github.com/CounterpartyXCP/counterblock/commits/fixes1). Those are undergoing testing and will be pushed to master once ready. Counterblock is used by Counterwallet.

And, we are testing counterparty-server against bitcoind 0.11.1, which has been looking good.

Most of this is the unsexy behind-the-scenes work, but they are major strides in helping Counterparty to be a stable and solid option for building a service on, or using in general. For example, Counterwallet stability is much improved over what it was (still not 100% of the way there, but moving in that direction), and the "undolog" updates are very useful for several industry players, like Tokenly.

We have some initial conversations going to possibly identify more long term help that could work on other services, Counterwallet enhancements, etc. This is all very preliminary at this point however, but worth bringing up.

[bitcoinrocks]

I was a guest on Robert's Counterparty radio show where I covered the current technical progress we're making on the core Counterparty software: https://letstalkbitcoin.com/blog/post/xcp-weekly-update-18-robby-dermody-and-jop-hartog

To that end, we released 9.51.4 a few weeks back: https://github.com/CounterpartyXCP/counterparty-lib/releases/tag/v9.51.4
It has major performance updates.

Just today, we pushed the "undolog" changes to the "develop" branch (https://github.com/CounterpartyXCP/counterparty-lib/commits/develop), which will make reorg processing almost instantaneous (where before, it could take 15-45 minutes in some cases). This is another major improvement for the core counterparty software, and should be released to "master" within a few weeks, pending some additional testing.

We also made some significant improvements to counterblock, on the "fixes1" branch (https://github.com/CounterpartyXCP/counterblock/commits/fixes1). Those are undergoing testing and will be pushed to master once ready. Counterblock is used by Counterwallet.

And, we are testing counterparty-server against bitcoind 0.11.1, which has been looking good.

Most of this is the unsexy behind-the-scenes work, but they are major strides in helping Counterparty to be a stable and solid option for building a service on, or using in general. For example, Counterwallet stability is much improved over what it was (still not 100% of the way there, but moving in that direction), and the "undolog" updates are very useful for several industry players, like Tokenly.

We have some initial conversations going to possibly identify more long term help that could work on other services, Counterwallet enhancements, etc. This is all very preliminary at this point however, but worth bringing up.

Thanks for posting.  Any information regarding incorporating Counterparty into a project?

[xnova]

Thanks for posting.  Any information regarding incorporating Counterparty into a project?

What do you mean by "project"?

[bitcoinrocks]

Thanks for posting.  Any information regarding incorporating Counterparty into a project?

What do you mean by "project"?

Any real world application.

[Matt Y]

Thanks for posting.  Any information regarding incorporating Counterparty into a project?

What do you mean by "project"?

Any real world application.

There are a number of projects that use Counterparty already.

[xandry]

Is there any way to refresh asset balances in Counterwallet without logging out/in?

Balances updated in real time, but you can try to switch between balances and "exchange" tab or any other if your balance not updated long time. Log in/logout is most ridiculous variant to update one page. 

[deliciousowl]

Most of this is the unsexy behind-the-scenes work, but they are major strides in helping Counterparty to be a stable and solid option for building a service on, or using in general. For example, Counterwallet stability is much improved over what it was (still not 100% of the way there, but moving in that direction), and the "undolog" updates are very useful for several industry players, like Tokenly.

I'm going to be an enthusiastic optimist and realize that this is 'unsexy' work is exactly what needs to be done if you want XCP in production for business clients. 

[xnova]

Most of this is the unsexy behind-the-scenes work, but they are major strides in helping Counterparty to be a stable and solid option for building a service on, or using in general. For example, Counterwallet stability is much improved over what it was (still not 100% of the way there, but moving in that direction), and the "undolog" updates are very useful for several industry players, like Tokenly.

I'm going to be an enthusiastic optimist and realize that this is 'unsexy' work is exactly what needs to be done if you want XCP in production for business clients. 

Exactly, or for any purpose for that matter. We performed this work due to issues we were seeing, as well as reports from some of the business and groups that have built real-world projects on top of Counterparty (Shapeshift, Tokenly, etc).