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

[hyunsookmom]

How do you buy this coin?

[1714731401]

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[Matt Y]

Really looking forward to the web wallet implementation.

When? Whos working on it?

Soon (weeks?).

xnova is leading the project and updates can be found here: https://forums.counterparty.co/index.php/topic,79.msg450.html#msg450

[peled1986]

XCP's market cap has now exceeded Mastercoin's!

P.S. Bear in mind, that the current valuation is WITHOUT a popular desktop GUI (bounty still being decided I think) and web wallet.

P.P.S. How long do you think it'll be before the media perk up and notice a new Top 10 (or even Top 5?) coin?

Wow, this was much faster then I expected!
(Seriously people, some of us need to work today ).

true.. so true 

[Matt Y]

How do you buy this coin?

Available here: https://www.poloniex.com/exchange/btc_xcp

[flayway]

As soon as the Web wallet is out I'm donating a few Grand!!!!

Are you halfcab also in forced hold mode?  

[qwertyqwerty]

How many coins are there ? 21M ?

2,648,755.92
http://blockscan.com/default.aspx

This number can only go down (asset issuance currently consumes 5 XCP per asset.)

Where do those 5 XCP go?
Does this mean all XCP will be consumed eventually?
Sounds strange...

Sorry, I haven't done enough research yet...

Announcement: The develop branch of counterparty now specifies that 5 XCP is destroyed in all future asset issuances (after block 281235 281236). If we decide to make this official, the fixed amount will be temporary, and should be determined by a distributed, proof-of-stake voting system as soon as possible.

PS: you are also working on a GUI?
I was a fan of your Electrum builds in the past

[SyRenity]

As soon as the Web wallet is out I'm donating a few Grand!!!!

+1 - just give us a wallet to send XCP's already!

[ddink7]

I just sent the following to Coindesk, Bitcoin Magazine, MCMxchange, and Cryptsy. Matt, I hope you don't mind that I quoted you:

Subject: Counterparty (XCP) Surpasses Mastercoin at Coinmarketcap.com

All: Counterparty is a newly created, fully functioning, distributed exchange. We have just been listed on coinmarketcap.com and are currently the seventh largest cryptocurrency by market cap. In fact, we surpassed Mastercoin.

Counterparty is one of the most fairly distributed coins in the crypto community, being distributed according to a "proof of burn" schema, where bitcoins were sent to an unspendable address as proof of their destruction, and XCP were awarded in exchange. No developers were enriched by this project. (P.S. I myself am just a community member; I have no official standing and I do not represent the development team.)

Counterparty is a community created protocol, which allows anyone to make and use decentralized financial assets that utilize the bitcoin protocol as a transport layer in order to provide the following functionalities:

- Distributed exchange
- Financial derivatives
- User created assets
- Dividends
- Betting

Counterparty differs from projects that hope to eventually offer a similar functionality because:

- Fully functioning - We are live.
- No IPO -  Counterparty is a currency, not a corporation.
- No funding - Donation driven.
- No corporate ties -  Free from outside influences.
- No fees - Free to use.
- No hype - The technology speaks for itself.
- Anonymous creators - Focus is on the protocol.
- Fair initial distribution - Risk and opportunity were shared equally.
- Development speed - Created from scratch in about a month.
- Open source - Anyone can add additional functionality.

Annoucement: https://bitcointalk.org/index.php?topic=395761.0
Website: https://counterparty.co/
Distributed Exchange Order Book: http://blockscan.com/order_book.aspx
Block Explorer: http://blockscan.com/
Reddit: http://www.reddit.com/r/Bitcoin/comments/1wtz2b/2124_btc_destroyed_in_proofofburn/

[SyRenity]

If people can +1 / expand on my post at "List of all cryptocoins" thread to get it included there, it might give XCP a bit more visibility:
https://bitcointalk.org/index.php?topic=134179.msg5173994#msg5173994

[SyRenity]

Btw, forgot my obligatory congratulations video for a new crypto-platform :
https://www.youtube.com/watch?v=wTP2RUD_cL0

[Matt Y]

Btw, forgot my obligatory congratulations video for a new crypto-platform :
https://www.youtube.com/watch?v=wTP2RUD_cL0

Not available in the US.

[flayway]

Btw, forgot my obligatory congratulations video for a new crypto-platform :
https://www.youtube.com/watch?v=wTP2RUD_cL0

Not available in the US.

Fiatleak looks like bitcoin not available also. lol.

http://vimeo.com/77804133

[SyRenity]

Btw, forgot my obligatory congratulations video for a new crypto-platform :
https://www.youtube.com/watch?v=wTP2RUD_cL0

Not available in the US.

You the US guys have your own licensees :
https://www.youtube.com/watch?v=lAD6Obi7Cag&feature=kp

[qwertyqwerty]

Someone posted a teaser video of counterparty here

http://www.youtube.com/watch?v=McNclx2Zck8

[Schollepetzer]

Hmmmm I cant get this running.

I cloned counterpartyd_build, then installed the python file, then reindexed bitcoin qt. Seems to start with server command and is catching up blocks.

However sending doesnt work:

Code:

counterpartyd send --source=address1 --destination=address2 --quantity=100 --asset=XCP

It says:

Code:

Transaction (unsigned): 
"HUGE NUMBER!"
Confirm? (y/N) y
Transaction aborted.

So why is transaction aborted? I have sufficient XCP on address1 and sufficient BTC to pay the fee. Also I have set up bitcoin.conf and counterpartyd.conf correctly...

Some Ideas whats wrong here?

[lonsharim]

Is there any easy to understand documentation on how to create an asset? I would like to offer some shares in a mining operation
distributed in a decentralized exchange. I think it'll be a world first

Have you already setup counterpartyd first?
http://counterpartyd-build.readthedocs.org/en/latest/

Once you have done that and have some XCP then you need to execute an issuance on the command line
https://forums.counterparty.co/index.php/topic,62.0.html

I think it costs 5 XCP to create your asset and you need some dust in your bitcoin address to make the transaction.

[BldSwtTrs]

Will the 5 XCP to create an asset be ajusted downward if the price keep rising?

[lonsharim]

Will the 5 XCP to create an asset be ajusted downward if the price keep rising?

It's currently a deterrent against spammer and trolls, and if the price is going north I am sure it will have to be revised because we can't risk it being too expensive to create an asset.

[cityglut]

Is there any easy to understand documentation on how to create an asset? I would like to offer some shares in a mining operation
distributed in a decentralized exchange. I think it'll be a world first

It is a work in progress, but please see the wiki: https://counterparty.co/wiki/assets

A more readable version of the wiki is forthcoming. In the meantime, please PM me if you have any questions.

[WinterParker]

What do you guys expect the price to venture to short term??? long term??