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

[yns1971]

Hi, here are some updates:

* Much more efficient transactions are coming.
- A single asset send will require less space, thus be cheaper.
- To save even more space; several assets and recipients can be grouped together. This will result in much lower fees.
- The Pepe community generously donated XCP (and Pepes) for development, and it's being worked on as we speak
- https://counterparty.io/donate/

* Memo in send
- An optional text memo can be included in sends
- This is particularly useful for exchanges
- Will be added together with more efficient send

* Smart Contracts
- A Counterparty tailored virtual machine has been suggested (read more on Counterpartytalk)
- My "pet project" is a lottery. A bot address will always be available to play against and winnings are up to 1000x. Technically it's not too hard to implement, but need to discuss with community whether this a feature we want or not. Feel free to leave your opinion on Reddit

This will make XCP great again!Thanks for you

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[Ihavearealjob]

I am trying to send XCP to a different wallet from my Counterwallet.  I get a message , "Insufficient BTC at address blahblah. (Need approximately 0.00166956 BTC.). You must have a small amount of BTC in this address to pay the Bitcoin miner fees. Please fund this address and try again."

The thing is that I have .0017 btc in the account..

What is the solution here. 

[chanmaleng]

Hi, here are some updates:

* Much more efficient transactions are coming.
- A single asset send will require less space, thus be cheaper.
- To save even more space; several assets and recipients can be grouped together. This will result in much lower fees.
- The Pepe community generously donated XCP (and Pepes) for development, and it's being worked on as we speak
- https://counterparty.io/donate/

* Memo in send
- An optional text memo can be included in sends
- This is particularly useful for exchanges
- Will be added together with more efficient send

* Smart Contracts
- A Counterparty tailored virtual machine has been suggested (read more on Counterpartytalk)
- My "pet project" is a lottery. A bot address will always be available to play against and winnings are up to 1000x. Technically it's not too hard to implement, but need to discuss with community whether this a feature we want or not. Feel free to leave your opinion on Reddit

when is this released?

[bitex.in]

e.g. If I created an assets approx 1 billion and send it to 10000 different account how much fee will be chargerd ? ..............thanks

[FandangledGizmo]

Hi, here are some updates:

* Much more efficient transactions are coming.
- A single asset send will require less space, thus be cheaper.
- To save even more space; several assets and recipients can be grouped together. This will result in much lower fees.
- The Pepe community generously donated XCP (and Pepes) for development, and it's being worked on as we speak
- https://counterparty.io/donate/

* Memo in send
- An optional text memo can be included in sends
- This is particularly useful for exchanges
- Will be added together with more efficient send

* Smart Contracts
- A Counterparty tailored virtual machine has been suggested (read more on Counterpartytalk)
- My "pet project" is a lottery. A bot address will always be available to play against and winnings are up to 1000x. Technically it's not too hard to implement, but need to discuss with community whether this a feature we want or not. Feel free to leave your opinion on Reddit

One of the main issues myself and other users are facing at the moment based on support issues on the forums are sweeping XCP assets in counterwallet.

Do you know if that's being worked on?
I see you personally released something in github to sweep assets is that a working alternative?

Otherwise we have to go through a ten step raw transaction creating and signing procedure, thanks.

[calligrapher]

this is a very undervalued shit in this cryptocurrency world. i mean, come on look at that website, xcp has 30m market cap and there are 400m market capped coins which doesn't even have a decent web site.

development team should announce something that tells they are back on their project.

[calligrapher]

i feel like we are on our way to moon

[Jpja]

I see you personally released something in github to sweep assets is that a working alternative?

It's working granted the UTXO API is working. Unfortunately sometimes, for some users, it is not. I will try to find time to update it with multiple APIs tonight.

[FandangledGizmo]

I see you personally released something in github to sweep assets is that a working alternative?

It's working granted the UTXO API is working. Unfortunately sometimes, for some users, it is not. I will try to find time to update it with multiple APIs tonight.

Great stuff

[statdude]

If someone would like to send counterparty assets now, and do not want to use browser wallet (https://counterwallet.io/ )
I find working alternative, where you can set your own fee high.
It is called CounterTools
and you can find it on github: https://github.com/Jpja

But I am really worrying about Counterparty condition and looking for info saying this network isn't going to be dead project..
What's the devs plans to save this coin?

Project is not dead at all

however i feel they are putting too much weight on the lightning network to help long tx times and fees.

[B RAD LEE]

Dont think I've ever seen a dead project double in price in less than a month. Maybe from $0.01 to $0.02 but not $10 to $20. So the far better question is how did you guys double your price in such short time? I'm only just now taking notice of counterparty so I don't know whats going on here? What's driving the price?

Is the price expected to keep climbing like this in the short term? Mid term?

THanks

[Jpja]

Reply to recent comments

1. Just updated the sweep tool - https://github.com/Jpja/Sweep-XCP-Paperwallet

It's more stable now but there's still one scenario it may not work. It collects UTXO's from Bitpay (and if it does not work; it tries Blockchain.info's API). If you are blocked from both these, a transaction cannot be created. This may be the case if you're on VPN or Tor.

The signing, btw, is inside the browser, so no keys ever leave your computer.

2. To reduce fees and confirmation times, new more efficient transaction encodings are being developed. A simple send with memo will be launched soon. It will cut tx cost. Another proposal, that I really like, is MCAT. It pools together transactions so that each one takes very little space. It will cut tx fees by a lot. https://github.com/deweller/cips/blob/cip-13-mcat/cip-0013.md

3. I won't speculate on the price but can mention that on the Chinese exchange Bter XCP is currently trading for $47 in CNY. I've heard multiple warnings about Bter though, so please do your own due diligence. https://coinmarketcap.com/currencies/counterparty/#markets

[notsoshifty]

3. I won't speculate on the price but can mention that on the Chinese exchange Bter XCP is currently trading for $47 in CNY. I've heard multiple warnings about Bter though, so please do your own due diligence. https://coinmarketcap.com/currencies/counterparty/#markets

XCP deposits to BTER are disabled at present (although withdrawals are perhaps working). I don't know how long that's been the case, or how long it's likely to stay like that.

[calligrapher]

bter is not a scammer site but it is a pain in the ass to get money out from there. at least they are not claiming the money:)

at past i seriously struggled to take my money. some deposits and some withdrawal options are disabled. it seems like novadays xcp is disabled.

on twitter, i am seeing so many pepecash and xcp hype coming from chinese, korean and japanese people. i don't know if its just a regular pump but it seems like there is plenty of rooms to go for xcp in far east;)

[Rumhurius]

2nd Presale and moving to LTC WHEN ?

BTW:
an editable passphrase that contains more then 12 alphabetic words would be nice then!

[m4nki]

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[RayX12]

Could this coin moon?

https://counterparty.io/news/counterparty-update-62317/

[Jpja]

Thank you for using Counterparty 

I'm sure you'll be happy to know that one of our most respected community members played the demo and liked it. She participated in the ICO too, I think.

You may check out the XCP Slack, Telegram and Counterpartytalk.

[cloverme]

Thank you for using Counterparty 

I'm sure you'll be happy to know that one of our most respected community members played the demo and liked it. She participated in the ICO too, I think.

You may check out the XCP Slack, Telegram and Counterpartytalk.

I will for sure.... thanks for the help. I believe I met her in the game as well, very cool to connect with the community leaders with my project 

[garthkiser]

EDIT: The sweep tool did not actually fail. It returned an error code but the transaction went through. It can be found here: https://github.com/Jpja/Sweep-XCP-Paperwallet

I have a private key to a BTC address containing SJCX, but not a passphrase for an associated Counterparty wallet. The "sweep" function is commonly used in this case, but users have reported problems with it for some time: https://counterpartytalk.org/t/problems-sweeping/643/24

None of the solutions posed there or elsewhere worked for me.

So is there any other option for me than syncing the whole BTC blockchain or giving up my private key to someone who has?

I'd hoped to find a tool such as this that works: https://github.com/Jpja

Unfortunately the "sweep"  tool there also failed in my case.

Thanks.