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

[jamesbr0wn]

I've purchased some XCPs @ poloniex, and want to withdraw it, is there a way to do it without using counterpatyd.exe? For example, for MSC you just need to create new address in your bitcoin wallet, will the same work with XCP?

yes.
(keep in mind that you wont be able to send the xcp back to poloniex without counterpartyd)

And good luck getting that working right, because the devs don't read or respond to the technical support section on the counterparty forums.

[lonsharim]

I've purchased some XCPs @ poloniex, and want to withdraw it, is there a way to do it without using counterpatyd.exe? For example, for MSC you just need to create new address in your bitcoin wallet, will the same work with XCP?

yes.
(keep in mind that you wont be able to send the xcp back to poloniex without counterpartyd)

And good luck getting that working right, because the devs don't read or respond to the technical support section on the counterparty forums.

Yes, they are actually robots who are expected to work 24/7 on the code, review it, fix bugs and respond on the forums to every single question including those that have been answered before.

[flatfly]

Jah's GUI worked great last night, but this morning when trying to send XCP I'm getting:

transmit() got an unexpected keyword argument 'ask'

Using latest binaries from firefly.

Sorry for that! i miss one modification in counterpartyd 6.1. I did a push with fix:

https://github.com/JahPowerBit/BoottleXCP

Thanks! Firefly can you post an updated binary?

I guess you're talking to me
Stay tuned... I will prepare a new build as soon as possible.

[ddink7]

I've purchased some XCPs @ poloniex, and want to withdraw it, is there a way to do it without using counterpatyd.exe? For example, for MSC you just need to create new address in your bitcoin wallet, will the same work with XCP?

yes.
(keep in mind that you wont be able to send the xcp back to poloniex without counterpartyd)

And good luck getting that working right, because the devs don't read or respond to the technical support section on the counterparty forums.

Yes, they are actually robots who are expected to work 24/7 on the code, review it, fix bugs and respond on the forums to every single question including those that have been answered before.

Not to mention they aren't getting paid one cent, other than the increase in value of their holdings.

[flatfly]

Jah's GUI worked great last night, but this morning when trying to send XCP I'm getting:

transmit() got an unexpected keyword argument 'ask'

Using latest binaries from firefly.

Sorry for that! i miss one modification in counterpartyd 6.1. I did a push with fix:

https://github.com/JahPowerBit/BoottleXCP

Thanks! Firefly can you post an updated binary?

I guess you're talking to me
Stay tuned... I will prepare a new build as soon as possible.

Here we go. You can grab it from the below post. Does it fix the issue?
https://forums.counterparty.co/index.php/topic,74.msg814.html#msg814

[delulo]

the first thing that happens when I open http://dre.natverk.org/BoottleXCP-0003-win3264.exe is "phyton.exe isnt working anymore - looking for a solution"... It doesnt start.
Anyone has the same problem or knows a solution?

[flatfly]

the first thing that happens when I open http://dre.natverk.org/BoottleXCP-0003-win3264.exe is "phyton.exe isnt working anymore - looking for a solution"... It doesnt start.
Anyone has the same problem or knows a solution?

Do you use a non-English version of Windows?
Also, try the latest build, which is BoottleXCP-0004 (see above post)

[delulo]

the first thing that happens when I open http://dre.natverk.org/BoottleXCP-0003-win3264.exe is "phyton.exe isnt working anymore - looking for a solution"... It doesnt start.
Anyone has the same problem or knows a solution?

Do you use a non-English version of Windows?
Also, try the latest build, which is BoottleXCP-0004 (see above post)

yes I use non English Windows...
bitdefender blocks the link http://trax.x10.mx/BoottleXCP-0004-win3264.exe  . How can I know its safe?

[flatfly]

the first thing that happens when I open http://dre.natverk.org/BoottleXCP-0003-win3264.exe is "phyton.exe isnt working anymore - looking for a solution"... It doesnt start.
Anyone has the same problem or knows a solution?

Do you use a non-English version of Windows?
Also, try the latest build, which is BoottleXCP-0004 (see above post)

yes I use non English Windows...
bitdefender blocks the link http://trax.x10.mx/BoottleXCP-0004-win3264.exe  . How can I know its safe?

Well it's signed by me and guaranteed to be clean. I do encourage you to verify the SHA256 hash and GPG signature to be on the safe side. Also submitting new binaries to virustotal.com is often a good idea.

[delulo]

sure i strongly assume its ok. When I access the site it is reported that  Mal/HTMLGen-A was found... probably a false positive...

[flatfly]

sure i strongly assume its ok. When I access the site it is reported that  Mal/HTMLGen-A was found... probably a false positive...

I will double-check it but it's most certainly a false positive.
Thanks for reporting this.

[led_lcd]

I'm glad to see the first DEX in action, but I'm slightly disappointed by how it is done right now.

Especially the fee-policy seems strange to me. It can't be that a DEX is much more expensive than a centralized one. I see the need for trolling prevention, but what's the point of having a troll-free DEX that is not used because it's too expensive? There is one fundamental problem if users can set the fee required when placing an offer: The market does not necessarily converge to one price. There might be one price for low fees and another for high fees. this makes the whole thing very complicated to use.

And the following DEX features are lacking (or please point me to the docs if I'm not up to date):

• minimum match quantity should be selectable when placing an offer. If I want to sell 100x<asset> I might not want to to have 100 trades of 1x<asset>, especially if the process is not automized
• multisig escrow solution. Trading XCP/BTC is ok now because both are built on top of the same blockchain and the protocol can act as the escrow. But If I would like to trade PPC for BTC, how would that work trustlessly?

However: keep going on, the bleeding edge of crypto is exciting....

Hi, you've got good points and I'll try and answer your questions.

As you know, the fee policy is only required for orders which involve the sending or receiving of BTC. Assets within Counterparty can be traded on the DEX completely frictionless and trustlessly. Since BTC cannot be held in escrow there are some measures that need to be put in place to disincentivize troll orders.

I agree that it is slightly cumbersome to use the DEX as it stands. However, the convenience that you and I seek as users are just functions of the client software. Things that I hope to see develop as Counterparty becomes more mature:

1) The client should have an option to automatically calculate the 'full' price of an order including the fee. One click to expand the underlying orders. Another click on a line item to match an order price.

2) The client could have an optional automatic BTC pay option to release payments after x confirmations of an order match. It would be optional as not everyone would want to use such a feature.

Regarding cross blockchain trading, personally I'm not sure how it would be possible to do it trustlessly. However, it has been discussed in this thread regarding the creation of a DAC which can provide a service to automatically sell and buy 'XBTC' which is a Counterparty asset based asset and held at parity with BTC. The DAC would be transparent, auditable and the health of the DAC could be seen on a dashboard. The DAC would not be trust less but the transactions would be provable. There are some additional complications when extending this to a different blockchain, but I think it is feasible to create a DAC for such purposes. You would then be able to trade frictionlessly between XCP and XBTC, and in your case XCP and XPPC.

As a side note, in your question about trading for PPC is that because you are interested in the utility of PPC? ie you want to use PPC to purchase goods or proof of stake. Or are are you interested in PPC as an investment opportunity and wish to participate in the price movements?

If it is the latter, then you do in not need to own PPC in order to be able to participate in the price movements of PPC. In theory, with a bull CFD on a BTC/PPC broadcast feed, with a leverage of 1, you could participate in the price movements of PPC without owning PPC. Do note though that the payouts for bets and CFDs in Counterparty is in XCP.

[delulo]

sure i strongly assume its ok. When I access the site it is reported that  Mal/HTMLGen-A was found... probably a false positive...

I will double-check it but it's most certainly a false positive.
Thanks for reporting this.

you're welcome.
Any update?
I need to be able to send xcp! People want to buy..
What is the fastest and safest way to get there?!
I am trying this for days now... super annoying.
Nothing against you. Highly appreciate your efforts!!

[kdrop22]

sure i strongly assume its ok. When I access the site it is reported that  Mal/HTMLGen-A was found... probably a false positive...

I will double-check it but it's most certainly a false positive.
Thanks for reporting this.

you're welcome.
Any update?
I need to be able to send xcp! People want to buy..
What is the fastest and safest way to get there?!
I am trying this for days now... super annoying.
Nothing against you. Highly appreciate your efforts!!

The fastest and safest way right now is to use the command line.

[ddink7]

Jah's GUI worked great last night, but this morning when trying to send XCP I'm getting:

transmit() got an unexpected keyword argument 'ask'

Using latest binaries from firefly.

Sorry for that! i miss one modification in counterpartyd 6.1. I did a push with fix:

https://github.com/JahPowerBit/BoottleXCP

Thanks! Firefly can you post an updated binary?

I guess you're talking to me
Stay tuned... I will prepare a new build as soon as possible.

Here we go. You can grab it from the below post. Does it fix the issue?
https://forums.counterparty.co/index.php/topic,74.msg814.html#msg814

Perfect, works great! Thanks.

[bloshappat]

WHEN WILL THERE BE A CLIENT FOR THE NORMAL PEOPLE

or shall we crash the XRP market

The installing for receiving the XRP is impossible,

?counterpartyd_binaries-master??

As I still have the XRP on an exchange, unable to receive them, I will sell them to dump-price......

[supervine]

WTF going on with new releases?
I was using DEX successfully and happily, until latest updates.
On these updates commands "market" and "fee-provided" was canceled and not working anymore.
So I don't see any way to get orders list ("market" did it).
And fee is now setting up in some mysterious automatic way. And while you cannot set according fee - you cannot bypass trolls or even get your order matched to existing.
Example from now. There is order of 7 XCP at price 0.009 and fee-required=0.0125999.
I tried few times to match this order. But automatic fee always less than required and I did not get the match, so my order expired and I lost 0.011 and then 0.012 in fees. It's 14$ pure lost. And I didn't get anything.
Even if I'll find a way to set order with appropriate fee, I'll pay fee of at least 0.012599 (about 1.4 XCP) to buy that order of 7 XCP => 20% fee. More expensive than that I cannot imagine...

Can anyone make thing clearer?

[PhantomPhreak]

WTF going on with new releases?
I was using DEX successfully and happily, until latest updates.
On these updates commands "market" and "fee-provided" was canceled and not working anymore.
So I don't see any way to get orders list ("market" did it).
And fee is now setting up in some mysterious automatic way. And while you cannot set according fee - you cannot bypass trolls or even get your order matched to existing.
Example from now. There is order of 7 XCP at price 0.009 and fee-required=0.0125999.
I tried few times to match this order. But automatic fee always less than required and I did not get the match, so my order expired and I lost 0.011 and then 0.012 in fees. It's 14$ pure lost. And I didn't get anything.
Even if I'll find a way to set order with appropriate fee, I'll pay fee of at least 0.012599 (about 1.4 XCP) to buy that order of 7 XCP => 20% fee. More expensive than that I cannot imagine...

Can anyone make thing clearer?

I retired the market command (as I explained on GitHub) because the functionality that it (poorly) provided should really be relegated to an external tool. Blockscan's will work for you until someone writes one.

There's a bug in the fee code which your comment pointed me to. I'll fix it now.

[led_lcd]

WHEN WILL THERE BE A CLIENT FOR THE NORMAL PEOPLE

or shall we crash the XRP market

The installing for receiving the XRP is impossible,

?counterpartyd_binaries-master??

As I still have the XRP on an exchange, unable to receive them, I will sell them to dump-price......

The web client will be coming soon.

You don't need to have counterpartyd to receive XCP on your existing BTC addresses. However, without Counterpartyd you won't be able to move the XCP out of those addresses.

What is the problem you are experiencing with countepartyd? Please post your operating system, steps you are following and what the error is.

I'm sure someone here or in the official forums can help you out.

[PhantomPhreak]

WTF going on with new releases?
I was using DEX successfully and happily, until latest updates.
On these updates commands "market" and "fee-provided" was canceled and not working anymore.
So I don't see any way to get orders list ("market" did it).
And fee is now setting up in some mysterious automatic way. And while you cannot set according fee - you cannot bypass trolls or even get your order matched to existing.
Example from now. There is order of 7 XCP at price 0.009 and fee-required=0.0125999.
I tried few times to match this order. But automatic fee always less than required and I did not get the match, so my order expired and I lost 0.011 and then 0.012 in fees. It's 14$ pure lost. And I didn't get anything.
Even if I'll find a way to set order with appropriate fee, I'll pay fee of at least 0.012599 (about 1.4 XCP) to buy that order of 7 XCP => 20% fee. More expensive than that I cannot imagine...

Can anyone make thing clearer?

I retired the market command (as I explained on GitHub) because the functionality that it (poorly) provided should really be relegated to an external tool. Blockscan's will work for you until someone writes one.

There's a bug in the fee code which your comment pointed me to. I'll fix it now.

counterpartyd will also now print the final provided/required fees in BTC before asking to confirm the order.