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

[Anotheranonlol]

Thanks for the confirmation -- I was afraid of that. With the things that have happened in the past with exchanges and such, I've become extremely wary of putting funds on a site where they could potentially get access to the address. Is there anything in place to keep this from happening with Counterparty?

My understanding of the way that Counterwallet works is that the information is never really stored "on the site".  The wallet is generated on-the-fly when you input the 12-word passcode.

Question for Counterparty devs: Is the passcode sent to the server(s) or is it all kept in the user's browser and run through client-side scripting?  If someone compromised the webserver, is there any chance that they could see the passcode "in the clear" in the logs, or as _POST or _GET variables within the webserver software itself?

It's not sent to the server, only in browser memory client side and wiped upon session exit.

[ranlo]

And just to be sure, if I import the private key associated with the shares I have, and have it swept to a new address on Counterparty, those shares will also change ownership over to the new address? Or how does that part work?

Right, they will be moved to the new address, but you can always click the "Show Private Key" of the address to back up.

Thanks for the confirmation -- I was afraid of that. With the things that have happened in the past with exchanges and such, I've become extremely wary of putting funds on a site where they could potentially get access to the address. Is there anything in place to keep this from happening with Counterparty?

My understanding of the way that Counterwallet works is that the information is never really stored "on the site".  The wallet is generated on-the-fly when you input the 12-word passcode.

Question for Counterparty devs: Is the passcode sent to the server(s) or is it all kept in the user's browser and run through client-side scripting?  If someone compromised the webserver, is there any chance that they could see the passcode "in the clear" in the logs, or as _POST or _GET variables within the webserver software itself?

And just to be sure, if I import the private key associated with the shares I have, and have it swept to a new address on Counterparty, those shares will also change ownership over to the new address? Or how does that part work?

Yes, the shares will be transferred to the new address which is generated as part of the deterministic wallet.

Thanks for that, guys! So basically we can:

1) Sweep the address to Counterparty
2) Take the private key from Counterparty (the address that was swept to)
3) Import that key to BitcoinQT, MultiBit, etc. and use as normal again, while still using Counterparty for the shares

[Matt Y]

https://twitter.com/CounterpartyXCP/status/496396246526205953

[xnova]

Thanks for the confirmation -- I was afraid of that. With the things that have happened in the past with exchanges and such, I've become extremely wary of putting funds on a site where they could potentially get access to the address. Is there anything in place to keep this from happening with Counterparty?

And just to be sure, if I import the private key associated with the shares I have, and have it swept to a new address on Counterparty, those shares will also change ownership over to the new address? Or how does that part work?

It's possible for you to download and run Counterwallet locally. I understand that the Counterparty team will be making it even more easy to automatically download and run Counterwallet locally. You can then use the sweep function locally to move your assets into your deterministic wallet.

Yes, we have a full packaged desktop installer planned for linux, macosx, windows

tasks to get there:
https://github.com/CounterpartyXCP/counterpartyd_build/issues/61
https://github.com/CounterpartyXCP/counterpartyd_build/issues/62
https://github.com/CounterpartyXCP/counterpartyd_build/issues/63

[romerun]

Thanks for the confirmation -- I was afraid of that. With the things that have happened in the past with exchanges and such, I've become extremely wary of putting funds on a site where they could potentially get access to the address. Is there anything in place to keep this from happening with Counterparty?

And just to be sure, if I import the private key associated with the shares I have, and have it swept to a new address on Counterparty, those shares will also change ownership over to the new address? Or how does that part work?

It's possible for you to download and run Counterwallet locally. I understand that the Counterparty team will be making it even more easy to automatically download and run Counterwallet locally. You can then use the sweep function locally to move your assets into your deterministic wallet.

Yes, we have a full packaged desktop installer planned for linux, macosx, windows

tasks to get there:
https://github.com/CounterpartyXCP/counterpartyd_build/issues/61
https://github.com/CounterpartyXCP/counterpartyd_build/issues/62
https://github.com/CounterpartyXCP/counterpartyd_build/issues/63

good decision moving to Docker.io

[BitcoinTangibleTrust]

Quick DigitalTangible Update:

We're testing out leaderboards for our gold assets.  We'd welcome your thoughts on how we can improve the presentation with the aim to make the leaderboards appealing and encouraging for individuals to learn more about gold-linked assets.



https://digitaltangibletrust.com/proof-of-custody/

Feedback welcomed in reply, PM, or via email at support@digitaltangibletrust.com.

Thanks to the Counterparty Community!

PS: Nice work Swarm!

[PhantomPhreak]

Attention: Some recent optimizations to the DEx have to be rolled back. You may have noticed BTC orders haven't been settling as they should recently.

v9.38.0 will be mandatory by block 314250 (24 hours from now). The upgrade should be perfectly straightforward.

[toffoo]

* Added a Team page at: https://www.counterparty.co/team/

Nice, but FYI this page isn't rendering for me good on Safari/OSX:

This page is also not rendering for me with Chrome or Safari:

https://www.counterparty.co/xcp/

...but with IE7 it looks PERFECT

[deliciousowl]

This page is also not rendering for me with Chrome or Safari:

https://www.counterparty.co/xcp/

...but with IE7 it looks PERFECT

Works on Firefox too. I think it should distinguish between centralized exchanges and the Counterwallet decentralized exchange. It would emphasize just how important a decentralized exchange really is.

[iram3130]

* Added a Team page at: https://www.counterparty.co/team/

Nice, but FYI this page isn't rendering for me good on Safari/OSX:

This page is also not rendering for me with Chrome or Safari:

https://www.counterparty.co/xcp/

...but with IE7 it looks PERFECT

It's working super on IE, Firefox, Tor.

I use that 3 but can't say about Safari/OSX.

[jrmg]

For me chrome show right.

[mishax1]

Really ?

[JahPowerBit]

Really ?

Thank to report Misha. I just push a fix in Github. Will be online asap.

[led_lcd]

Thank to report Misha. I just push a fix in Github. Will be online asap.

Hi JahPowerBit, in Counterwallet balances don't seem to get updated properly:

https://forums.counterparty.co/index.php/topic,188.msg3004/topicseen.html#msg3004

[CounterpartyRippler]

The orignial address I sent the the coins to is not shown in my account, a different address is showing.

Look up what "deterministic wallet" means.
You used a wrong pass phrase.

[JahPowerBit]

Thank to report Misha. I just push a fix in Github. Will be online asap.

Hi JahPowerBit, in Counterwallet balances don't seem to get updated properly:

https://forums.counterparty.co/index.php/topic,188.msg3004/topicseen.html#msg3004

Hi led_lcd,
Robby and I work on the problem. Counterblockd freezes sometime without obvious reasons.  It works after a restart. I just keep searching right now where the problem comes, and keep you informed.

[deliciousowl]

Finally, a German news article about peer-to-peer finance (mentions Counterparty):

"Bitcoin: US-Onlinehändler Overstock erwägt Kryptoaktien"
http://www.heise.de/newsticker/meldung/Bitcoin-US-Onlinehaendler-Overstock-erwaegt-Kryptoaktien-2282433.html

Translation: "US Online Retailer Overstock considers Cryptoequity (Cryptostock)"

[BldSwtTrs]

I am probably asking a stupid question here, but is there a way to make the matching happens on a central server outside the protocol and still use Counterparty to make the settlement?

[PhantomPhreak]

I am probably asking a stupid question here, but is there a way to make the matching happens on a central server outside the protocol and still use Counterparty to make the settlement?

It's definitely possible, but not currently supported. Such a system also wouldn't have many advantages over the current one.

[BldSwtTrs]

I am probably asking a stupid question here, but is there a way to make the matching happens on a central server outside the protocol and still use Counterparty to make the settlement?

It's definitely possible, but not currently supported. Such a system also wouldn't have many advantages over the current one.

Wouldn't it allow to make trading easier and also scale better?

I see how counterparty could disrupt the custodian and clearing houses business but I really don't see how it can compete with centralized exchanges.