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

[Matt Y]

Is there a ballpark time frame as to when XCP is on Ethereum Main net.

A few months was the timeline given. Ruben is working on it full-time and progress can be seen on Github. Discussions regarding the project are held on slack. counterparty.slack.com I think is the URL. It has been posted earlier in this thread a number of times.

EDIT: And Dom is correct in his post just above this. Counterparty is not putting XCP on Ethereum, they are putting the Ethereum VM on CP so smart contracts can be carried out on the Bitcoin blockchain.

[1714102517]

1714102517

[1714102517]

1714102517

[pankogulo]

We just released the Counterparty Foundation Board Announcement with some important updates. Please read the announcement on our blog -> https://counterparty.io/news/counterparty-foundation-board-announcement/

[bitcoinrocks]

With all due respect, this sounds like a tail chase.  These types of organizational efforts may sound good conceptually but in practice all they add is bureaucracy.  A small project like this needs one person who cares enough about it to be in charge and invest a lot of time into it.  I don't know whether or not a person like that exists for this project.

[Matt Y]

With all due respect, this sounds like a tail chase.  These types of organizational efforts may sound good conceptually but in practice all they add is bureaucracy.  A small project like this needs one person who cares enough about it to be in charge and invest a lot of time into it.  I don't know whether or not a person like that exists for this project.

Clearly that person is Robby.

[bitcoinrocks]

With all due respect, this sounds like a tail chase.  These types of organizational efforts may sound good conceptually but in practice all they add is bureaucracy.  A small project like this needs one person who cares enough about it to be in charge and invest a lot of time into it.  I don't know whether or not a person like that exists for this project.

Clearly that person is Robby.

Then this project does not need:

a formal Counterparty Foundation, board, and bylaws

[prophetx]

With all due respect, this sounds like a tail chase.  These types of organizational efforts may sound good conceptually but in practice all they add is bureaucracy.  A small project like this needs one person who cares enough about it to be in charge and invest a lot of time into it.  I don't know whether or not a person like that exists for this project.

Clearly that person is Robby.

Then this project does not need:

a formal Counterparty Foundation, board, and bylaws

why not?  i think it's cool to have to interface with professional organizations.

if u don't like it u don't need to be involved in it at all.

but let the rest of us do as we please...

i don't understand why people always feel the need to try to impose their beliefs on others...  guess human war will never end.

[eindbaasje]

[bitcoinrocks]

why not?  i think it's cool to have to interface with professional organizations.

Because it has never worked well for any other similarly-sized software project.  As a very small project, Counterparty is at a disadvantage in several ways, but at an advantage in terms of agility and its ability to operate under a single clear vision.  Creating a foundation, board, and bylaws takes away those advantages.  A project doesn't create those things because they're cool.  They're created because the project becomes big enough to require them and this project isn't even close to big enough for that.

Robby feels this is necessary because Counterparty has stakeholders and he doesn't want the associated accountability but that doesn't change any of the above.

[prophetx]

i get this feeling very often. lol

[cyberhacker]

any ETA of smart contract mainnet integration?

[Matt Y]

any ETA of smart contract mainnet integration?

Few months.

[_Victory_]

i thought counterparty was dead because the main devs went to overstock.com

[Praxis]

i thought counterparty was dead because the main devs went to overstock.com

It's not dead.  It's in a "sleeping dragon" phase.  Be prepared for when the dragon wakes up again.

[crotchsausage]

Where in Github can see last updates about Eth VM? Can Devs give any comment about Eth VM development stage?

[kahir]

Good to see some investment into the ecosystem with DevParty.

Does anyone have a good grasp as to where the XCP technology is versus other alternatives to expanding Bitcoin's functionality? There doesn't seem to be a whole lot of new projects being built and I am wondering why. Is the Ethereum smart contracts wait holding up progress?

[andulolika]

Good to see some investment into the ecosystem with DevParty.

Does anyone have a good grasp as to where the XCP technology is versus other alternatives to expanding Bitcoin's functionality? There doesn't seem to be a whole lot of new projects being built and I am wondering why. Is the Ethereum smart contracts wait holding up progress?

Id say they avoid to give anything specifical till they actually have it

[TrevorXCP]

Check out the most recent Counterparty Update which includes development updates, ecosystem news, election results, a new Telegram chat and more!

http://counterparty.io/news/counterparty-update-050916/

[Corepolitics]

Check out the most recent Counterparty Update which includes development updates, ecosystem news, election results, a new Telegram chat and more!

http://counterparty.io/news/counterparty-update-050916/

Thanks, a very clear read showing the project is moving forward in a positive direction. It's great to see some renewed community framework being established! Good work

For anyone who hasn't taken a look I'd also recommend reading https://www.reddit.com/r/counterparty_xcp/comments/4gpdsx/we_are_the_counterparty_foundation_community/
Some nice commentary there from guys building innovative projects on the counterparty system.

[pankogulo]

Hey all, we just released the latest updated on Counterparty Smart Contracts: https://counterparty.io/news/proposal-for-ethereum-smart-contracts-on-counterparty-mainnet/

[SebastianJu]

Hey all, we just released the latest updated on Counterparty Smart Contracts: https://counterparty.io/news/proposal-for-ethereum-smart-contracts-on-counterparty-mainnet/

this is big. weird that everyone is silent in this thread.

The uproar happened already when the rumour came into light. It seems now that it becomes reality everyone knows already about it. Or is this again just a plan?