Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 103. (Read 1276789 times)

As long as you have your 12 word mnemonic phrase you always have access to your coins, even if the site goes MIA :-)

You can always retrieve your keys using https://blockscan.com/tool_generatekey and or the just released chrome XCP wallet

Grats guys on getting added to Shapeshift! Keep up the epic work

For larger amounts the best way is to do Armory cold storage with transaction signing in Counterwallet, I think.

http://support.counterparty.io/support/solutions/articles/5000004858-cold-storage-of-counterparty-assets-btc-using-armory-

ShapeShift.io has added Counterparty (XCP) to Instant Altcoin Exchange

XCP users can now exchange instantly with Bitcoin and 25+ other altcoins with ShapeShift. No account needed.

Hello!
I have been finding my self re-searching 2.0 protocols lately.
My first memory of Counterparty was when the "burn" was taking place. I thought it was a crazy idea at the time. It's nice to see the project is moving forward a year+ later.
So, as I keep reading through the previous forum posts and researching cases XCP being utilized, I do have one question.

Should I keep XCP on counterwallet mid to long term? What recourse or precautions can I take if the site goes MIA?

Loon is working on a javascript tool for asset transfers / broadcasts. Maybe this is what you need?
See Github - https://github.com/loon3/xcp-tools-js.

voted. I only have dust on counterwallet. Would be nice if I could vote with my cold stash, but my bitcoind/counterpartyd are out of sync for months. Anyone tried the chrome counterwallet extension ? does it work great ? can it broadcast feed ?

"A" is the prefix for numeric assets. This is a special class of assets with no issuance fee. The asset name begins with A followed by a very large integer between 26^12 + 1 and 256^8.

View this list of assets - http://xcp.pw/allassets.html - to get a sense of the both numeric and alphabetic assets.

In case you were wondering where the Counterparty community has been hanging out recently - it's on the official Counterparty forum https://forums.counterparty.io/latest. Come and join our discussions or create a new topic....

Why can't counterparty asset name  begins with the letter "A"?

The public voting scoreboard is now live on Blockscan https://blockscan.com/vote/XCPELECTION. You can monitor the rankings of our four candidates there.

For Q&A and support please use this thread: https://forums.counterparty.io/t/q-a-counterparty-foundation-voting-q-a/1008

The Counterparty Foundation is announcing the start of the two-week long voting period for the election of three community directors. Since voting is starting three days later than announced, we will extend the voting period till block 352718 (in about 2 weeks).

There has been a change in the voting procedure. Few months back we’ve disabled sending dividend payments based on XCP balances to avoid spam. However, since Counterparty is a decentralized system, this means we have disabled this feature for ourselves as well. Therefore, we won’t be able to implement the announced voting procedure based on dividend payment. Instead, voting will be based on broadcasting votes.

For more info please read the official thread: https://forums.counterparty.io/t/announcing-the-start-of-the-counterparty-foundation-voting-period/1006

yep, great article!

I just had to re-post this (originally saw this tweeted through counterparty) but my gosh I'm reading this now and it's got to be the BEST and most COHERENT article giving an argument for Bitcoin (both the blockchain and the currency) against those who think that the blockchain and currency can or should be separated. Specifically the argument clarifies why Bitcoin's best feature is the fact that it's an alternative currency and whoever thinks it's best features are the alternative use cases of blockchain as just some kind of glorified ledger or database needs to get their facts right lmao!
Whoever wrote this is genius!

https://medium.com/@beautyon_/grundsaudaag-jour-de-la-marmotte-ground-hog-day-8570677dd90b

Counterparty community update is live at http://counterparty.io/news/counterparty-update-apr-3/

It does. Thanks for the explanation.

Very different.

It's a centralized multi-sig service that works with 'oracles': "Oraclize takes care of providing the 2nd signature to your partially signed transaction."

There are many project like this, and I actually think the term "smart contracts" does not necessarily apply here. The contracts still have a mediator (Oraclize), and are not programmable/customizable. I would call it a "multi-signature oracle service" or something like that... The potential uses for this are numerous, but greatly exaggerated in variety.

The point of Counterparty 'smart contracts' is to be able to create entirely custom decentralized applications from scratch, on a fully peer-to-peer system. I'm actually thinking we could refer to this as dApps, programmable money, or something similar until people learn the difference. I can't even count the amount of times people were underwhelmed by the idea of Counterparty smart contracts, because they've seen dozens of projects with basic multi-sig acting as middlemen and have become convinced that that is a 'smart contract'. It's not... at least not really.

Counterparty/Ethereum mercilessly blow these out of the water since you are able to code new features.

Once you see the difference here, it's really hard to unsee:

• 'Buzzword' smart contracts are multi-signature/Bitcoin services which are mediated by some 3rd party/website. They are not fully decentralized, and cannot be programmed.
• 'Real' smart contracts support turing-complete scripting for making your own, fully or partially decentralized financial instruments and tools.

In fact, the first can be done using the latter. But absolutely not vice versa.

Note that I'm not saying that Oraclize and others are not providing a great service. They very well might be, and in many cases this is extremely useful. However, I think we need some sort of way to distinguish between distributed, programmable contracts and static, semi-centralized ones.

I hope this makes sense...

https://www.oraclize.it/home/features

http://www.reddit.com/r/Bitcoin/comments/316whq/oraclizeit_a_new_platform_for_smartcontracts_and/

can someone put that into a perspective regarding counterparty?

it looks quite nice

Thought it was a nice post as well and shared it with a few friends. ^^