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

[Spratan]

The next mega-bubble will start with crypto 2.0, especially XCP, not BTC or altcoins...
It is only the beginning.

[Patel]

Congrats xnova, very happy for you since you invested a lot of personal resources for Counterparty.

Is the other developer mentioned in the announcement, Phantom Phreak?

[PhantomPhreak]

Congrats xnova, very happy for you since you invested a lot of personal resources for Counterparty.

Is the other developer mentioned in the announcement, Phantom Phreak?

No, I will be staying to continue to work on Counterparty full-time. The other hire is Evan Wagner (cityglut).

[weex]

Guess this is a good time to put this out: http://davidsterry.com/blog/2014/10/what-is-counterparty/

Very exciting news for Robby and Adam and everyone here!

[Spratan]

Congrats to dev for their visions ! I remember when devs have to pay from their own pockets after a hack 6 months ago.

People where complaining that we've burned and destroyed sacred BTC or even we were bloating the blockchain with 0.01% more data...Now Counterparty is becoming the next financial standard and a Nasdaq Cie will choose Counterparty to issue stocks, and I suppose dividends...

[Matt Y]

This is about as meaningful as it gets with regards to traction.

Yes, we'd like commit millions of dollars to build a decentralized stock exchange with you on that platform you built. K, thanks.

Well done Adam, Evan, Robby, and the rest of the Counterparty team.

[Patel]

Congrats xnova, very happy for you since you invested a lot of personal resources for Counterparty.

Is the other developer mentioned in the announcement, Phantom Phreak?

No, I will be staying to continue to work on Counterparty full-time. The other hire is Evan Wagner (cityglut).

Much appreciated Phantom. Been following/lurking/supporting this protocol since the beginning.

[LordMeowMeow]

 

Congrats to the XCP team. Here's to even better/bigger things to come.

[delulo]

The next mega-bubble will start with crypto 2.0, especially XCP, not BTC or altcoins...
It is only the beginning.

+1 Definitely!

Would be nice if there could be some more detailed info on how the Stock-issuing-system-by-Overstock described here http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/ and Counterparty (the protocol and wallet) interact.

Is the Overstock-Platform a Frontend with all the basic functions and rules Counterparty has atm?

And XCP will have the same functions and value in that Overstock-System?

[Equality 7-2521]

http://insidebitcoins.com/news/breaking-bitcoinconf-patrick-byrne-ceo-of-overstock-announces-stock-market-based-on-bitcoin-block-chain/25275

[Matt Y]

Twitter stream: https://twitter.com/search?q=%23bitcoinconf&src=typd&lang=en

[PhantomPhreak]

As an explanation, what this means is that Overstock.com has committed to using Counterparty as the platform for issuing securities on the Bitcoin blockchain, e.g. for public companies, over all other Bitcoin 2.0 tech. Robby (xnova) and Evan (cityglut) will be working on that particular goal, because of their expertise with Counterparty, even as we hire more developers to work with me full-time on the core protocol and ecosystem.

[delulo]

As an explanation, what this means is that Overstock.com has committed to using Counterparty as the platform for issuing securities on the Bitcoin blockchain, e.g. for public companies, over all other Bitcoin 2.0 tech. Robby (xnova) and Evan (cityglut) will be working on that particular goal, because of their expertise with Counterparty, even as we hire more developers to work with me full-time on the core protocol and ecosystem.

Thanks Adam for those clarifications!

So will that Overstock system be more like a public frontend other companies that want to go public or "dual list" their shares can use or will it be a non public enterprise version of Counterparty?

Remains the question: And XCP will have the same functions and value in that Overstock-System?

[PhantomPhreak]

As an explanation, what this means is that Overstock.com has committed to using Counterparty as the platform for issuing securities on the Bitcoin blockchain, e.g. for public companies, over all other Bitcoin 2.0 tech. Robby (xnova) and Evan (cityglut) will be working on that particular goal, because of their expertise with Counterparty, even as we hire more developers to work with me full-time on the core protocol and ecosystem.

Thanks Adam for those clarifications!

So will that Overstock system be more like a public frontend other companies that want to go public or "dual list" their shares can use or will it be a non public enterprise version of Counterparty?

Remains the question: And XCP will have the same functions and value in that Overstock-System?

It'll be a frontend to the existing network, and it'll use XCP like everything else.

[delulo]

As an explanation, what this means is that Overstock.com has committed to using Counterparty as the platform for issuing securities on the Bitcoin blockchain, e.g. for public companies, over all other Bitcoin 2.0 tech. Robby (xnova) and Evan (cityglut) will be working on that particular goal, because of their expertise with Counterparty, even as we hire more developers to work with me full-time on the core protocol and ecosystem.

Thanks Adam for those clarifications!

So will that Overstock system be more like a public frontend other companies that want to go public or "dual list" their shares can use or will it be a non public enterprise version of Counterparty?

Remains the question: And XCP will have the same functions and value in that Overstock-System?

It'll be a frontend to the existing network, and it'll use XCP like everything else.

yhup yhup. I tend to super critical but this has my approval!
Well done my friend!

And he’s committing between five and ten percent of Overstock’s cash flow—”single-digit millions”—to the company’s cryptosecurity project. “Building this—and being the company that owns this—can be more valuable than Overstock,” he says. “It can be more valuable than Alibaba.”

http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/

[statdude]

So, is overstock actually listing on XCP?

[statdude]

I'm certain Ryan Charles knows about Counterparty because Counterparty uses Insight, which he has worked on. https://github.com/bitpay/insight

That, combined with the Overstock news (which I'm guessing is coming from Patrick on the 6th), makes me confident that Counterparty will not be overlooked as a possible solution if Counterparty is in line with what they're looking for.

Sounds like this price swing should have been anticipated for the 6th,
not sure how i skimmed that in your post

[Matt Y]

So, is overstock actually listing on XCP?

It seems they are building a decentralized stock market that will use Counterparty as the back end technology. In addition to that, there appears to be plans for O Coin which will be some sort of secondary stock offering of Overstock.com.

[romerun]

Wow. It's no question that Counterparty is the Internet of 2.0 space.

[fox19891989]

Huge rise, interesting!