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

[Peter Todd]

This is amazing. Peter Todd has some intense software security knowledge. And "much of his research covers Proof of Publication and Embedded Consensus systems, both highly relevant to Counterparty technology." (https://www.counterparty.co/team/)

Thanks, although I wouldn't call my knowledge "intense" myself. Rather I'd describe it as very different from what other auditors normally look at. Having Sergio do an audit as well was a smart choice - he thinks very differently than I do and finds issues that I miss all the time, and vice versa!

[Matt Y]

Hi ,

I recently created a Counterparty web wallet. Very cool, and I was able to purchase some SwarmPre with BTC.

I have been trying to get some XCP in the wallet from Poloniex.  I have tried twice to send XCP from Poloniex Exchange to my Counterparty wallet. Each time the transactions have resulted in error. Poloniex has been great about crediting the XCP back to my account on the exchange. However, the question I have is, what is the best way to get XCP into my Counterparty wallet? Strangely this has been the most difficult thing to do.

Any suggestions or help would be appreciated.

This seems like it has to be an issue on Poloniex's side. I'd ask them. All Counterwallet is doing is receiving, which is really hard to mess up. If the coins are not arriving there is some issue on the sending side.

[BitcoinBudz]

Hey guys people are having problems, could someone help this person? I am not sure whats going on with it but seems his transaction was lost.
https://bitcointalk.org/index.php?topic=664662.msg7744055#msg7744055

Thanks.

[cityglut]

Hey guys people are having problems, could someone help this person? I am not sure whats going on with it but seems his transaction was lost.
https://bitcointalk.org/index.php?topic=664662.msg7744055#msg7744055

Thanks.

Can you have him email us at dev@counterparty.co? We need more information than that.

[Maygor]

Hi ,

I recently created a Counterparty web wallet. Very cool, and I was able to purchase some SwarmPre with BTC.

I have been trying to get some XCP in the wallet from Poloniex.  I have tried twice to send XCP from Poloniex Exchange to my Counterparty wallet. Each time the transactions have resulted in error. Poloniex has been great about crediting the XCP back to my account on the exchange. However, the question I have is, what is the best way to get XCP into my Counterparty wallet? Strangely this has been the most difficult thing to do.

Any suggestions or help would be appreciated.

I'm having the same problem at Poloniex. The transaction from Poloniex to Counterwallet failed the first time. They refunded the XCP coins. I've tried again. It failed again. The answer of the Poloniex support: «The XCP network have been slow the whole weekend, we are aware of the issue and working on it».

The withdrawal status changed from "pending" to "processing"…

[520Bit]

As I said before, a one button installation local wallet is very helpful for Newbies.

[Matt Y]

As I said before, a one button installation local wallet is very helpful for Newbies.

+1

Would really love to see this.

[baddw]

Question... I'm looking at the LTBCOIN market here.



First off, the "Order Book" orders under "Selling BTC" and the "Open Orders Selling BTC" don't seem to match up.  E.g. the first line under "Open Orders Selling BTC" has a price of 10,000 LTBCOIN/BTC, while a "Unit Price" of 10,000 LTBCOIN/BTC does not show up under the "Order Book".  

Secondly, take a look at that first "Open Order", Tx ID 72a38.  It shows a "Price" of 10,000 LTBCOIN/BTC.  The "Buy Qty Left" is 100,000 LTBCOIN.  To me, this means that they have an order to buy 100,000 LTBCOIN at a price of 10,000 LTBCOIN/BTC, or 10 BTC worth.  But under "Sell Qty Left" it only shows 0.01 BTC.  If they are only willing to sell 0.01 BTC at a price of 10,000 LTBCOIN/BTC, then they only want to buy 100 LTBCOIN.  These two numbers seem to be in contradiction, or am I missing something here?

EDIT: Also, it would be nice to see BTC transactions under the "Account History" part of Counterwallet.  I am currently using Counterwallet as my main BTC wallet, so it would be nice to see when I have sent/received BTC without having to check my address on a 3rd party site.

bump

[jokumat]

First off, the "Order Book" orders under "Selling BTC" and the "Open Orders Selling BTC" don't seem to match up.  E.g. the first line under "Open Orders Selling BTC" has a price of 10,000 LTBCOIN/BTC, while a "Unit Price" of 10,000 LTBCOIN/BTC does not show up under the "Order Book". 

Secondly, take a look at that first "Open Order", Tx ID 72a38.  It shows a "Price" of 10,000 LTBCOIN/BTC.  The "Buy Qty Left" is 100,000 LTBCOIN.  To me, this means that they have an order to buy 100,000 LTBCOIN at a price of 10,000 LTBCOIN/BTC, or 10 BTC worth.  But under "Sell Qty Left" it only shows 0.01 BTC.  If they are only willing to sell 0.01 BTC at a price of 10,000 LTBCOIN/BTC, then they only want to buy 100 LTBCOIN.  These two numbers seem to be in contradiction, or am I missing something here?

EDIT: Also, it would be nice to see BTC transactions under the "Account History" part of Counterwallet.  I am currently using Counterwallet as my main BTC wallet, so it would be nice to see when I have sent/received BTC without having to check my address on a 3rd party site.

1. This seems to be wrong. One of many Counterparty exchange errors, I guess.

2. Don't use Btc market. It' s not a market. It's a joke.

3. Don't use Counterwallet as your main BTC wallet. It's not mature.

[xnova]

Guys, shortly (i.e. after the buy/sell page rework currently in progress) we will be adding functionality to Counterwallet to make BTC to XCP purchases MUCH easier, bypassing the decentralized exchange.

We will also be adding "market order" capability to the decentralized exchange buy functionality of Counterwallet, which will fill ones order (for BTC to XCP, at least) at the best possible price, allowing it to match immediately if there is any liquidity at all.

Stay tuned...

[stereotype]

Guys, shortly (i.e. after the buy/sell page rework currently in progress) we will be adding functionality to Counterwallet to make BTC to XCP purchases MUCH easier, bypassing the decentralized exchange.

We will also be adding "market order" capability to the decentralized exchange buy functionality of Counterwallet, which will fill ones order (for BTC to XCP, at least) at the best possible price, allowing it to match immediately if there is any liquidity at all.

Stay tuned...

Got there in the end. 

[CryptoFinanceUK]

https://i.imgur.com/TnmZwfv.jpg

SME lending platform emerges from UK Hackathon.

Over the weekend of the 28th and 29th of June, I represented Counterparty at Hackcoin (which is the UKs first digital currency hackathon). One of the five teams developed a prototype for a start-up called Lending Bits, which is a platform that aims to enable SMEs to raise funding by issuing bonds on the Counterparty platform.

More info on our blog.

[mybtclove]

Guys, shortly (i.e. after the buy/sell page rework currently in progress) we will be adding functionality to Counterwallet to make BTC to XCP purchases MUCH easier, bypassing the decentralized exchange.

We will also be adding "market order" capability to the decentralized exchange buy functionality of Counterwallet, which will fill ones order (for BTC to XCP, at least) at the best possible price, allowing it to match immediately if there is any liquidity at all.

Stay tuned...

Glad to hear of countewallet development.

the community should support these endeavors.

great work!

[impulsecorp]

Lending Bits bits looks like a great project, but in the USA wouldn't it violate SEC laws? US companies are not allowed to issue bonds unless they register with the SEC, not to mention they are not allowed to advertise/promote that they are raising financing unless they register with the SEC (this is the "general solicitation" rule).

[CryptoFinanceUK]

Lending Bits bits looks like a great project, but in the USA wouldn't it violate SEC laws? US companies are not allowed to issue bonds unless they register with the SEC, not to mention they are not allowed to advertise/promote that they are raising financing unless they register with the SEC (this is the "general solicitation" rule).

I think the guys are going to be starting in the UK, and will be seeking advice on UK law first. They also plan to use Vennd.io to create a gateway that will only dispense value to KYC authorised Bitcoin addresses to help with AML requirements.

[520Bit]

BTC - The future of gold.

XCP - The future of stock exchange, no middleman.

[baddw]

Lending Bits bits looks like a great project, but in the USA wouldn't it violate SEC laws? US companies are not allowed to issue bonds unless they register with the SEC, not to mention they are not allowed to advertise/promote that they are raising financing unless they register with the SEC (this is the "general solicitation" rule).

I think the guys are going to be starting in the UK, and will be seeking advice on UK law first. They also plan to use Vennd.io to create a gateway that will only dispense value to KYC authorised Bitcoin addresses to help with AML requirements.

So what happens when the bonds are traded around to random people on the DEX?  The distributions will be withheld until the bonds are held by someone with KYC?

[CryptoFinanceUK]

Lending Bits bits looks like a great project, but in the USA wouldn't it violate SEC laws? US companies are not allowed to issue bonds unless they register with the SEC, not to mention they are not allowed to advertise/promote that they are raising financing unless they register with the SEC (this is the "general solicitation" rule).

I think the guys are going to be starting in the UK, and will be seeking advice on UK law first. They also plan to use Vennd.io to create a gateway that will only dispense value to KYC authorised Bitcoin addresses to help with AML requirements.

So what happens when the bonds are traded around to random people on the DEX?  The distributions will be withheld until the bonds are held by someone with KYC?

The thinking is to scan the blockchain to make sure that a bond has never been traded outside of group of authorized participants. So before you buy one of these instruments via the DEX, you'd need to make sure you're registered, otherwise, you'd effectively be destroying its value. So, they're using Vennd and the blockchain history to create a kind of closed market that has less exposure from a regulatory point of view, but retains the benefits of low cost transactions.

I'll point the guys to this thread - they might want to chime in.

[supersuber]

Counterparty ranks 4st among altcoins considered for Chinese exchange BTC38!
http://www.btc38.com/trade/vote_for_trade_en.html
Vote XCP up!

[hozer]

BTC - The future of gold.

XCP - The future of stock exchange, no middleman.

XCP - The future of crypto-commodities trading, direct from farmer to food.

What's the most straightforward way for someone with a semi truck (or a fleet?) to start brokering loads on counterparty?