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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 116. (Read 1276789 times)

legendary
Activity: 1260
Merit: 1168
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newbie
Activity: 6
Merit: 0
There is 1300 cheap XCP in Bter Smiley

Now 1665 and it is mine ;-)

And to those who want to dump ... 30 BTC Buy wall in Poloniex.

PS: I need a funny Vanityname for a Wallet which will soon get to the XCP Richlist on various block explorers ;-) Ideas appreciated.

Look like it was remove before you get a  chance to buy, maybe fake sell wall
legendary
Activity: 1554
Merit: 1000
legendary
Activity: 1260
Merit: 1168
This message was too old and has been purged
newbie
Activity: 16
Merit: 0
There is 1300 cheap XCP in Bter Smiley
sr. member
Activity: 350
Merit: 250
Price is still falling an when will it recover no one knows.
hero member
Activity: 700
Merit: 500
★ IT's Party Time! ★

observation: both the magnitude and the depth of the drop follows almost exactly as the magnitude and depth of the first big rise

It is a shame this is one of worse investments in the alt-coins in last few months  . Even a few scam coin have lost less  Huh

who can explain this

ethereum investor pay 25.000 btc  ...  here is smart contract, the first multisig, the real working decentralize exchange, only little more volume than bitbay .   and lose no much more than the same when bitbay known scam how is this?

the chinese exchange btc38 xcp is number 1 on the vote list. for months no word .  we community need to add exchange and work promotion .



I can explain that we will return to the 0.008 soon
newbie
Activity: 6
Merit: 0
https://i.imgur.com/6WPVmKr.png
observation: both the magnitude and the depth of the drop follows almost exactly as the magnitude and depth of the first big rise

It is a shame this is one of worse investments in the alt-coins in last few months  . Even a few scam coin have lost less  Huh

who can explain this

ethereum investor pay 25.000 btc  ...  here is smart contract, the first multisig, the real working decentralize exchange, only little more volume than bitbay .   and lose no much more than the same when bitbay known scam how is this?

the chinese exchange btc38 xcp is number 1 on the vote list. for months no word .  we community need to add exchange and work promotion .

legendary
Activity: 1260
Merit: 1168
This message was too old and has been purged
sr. member
Activity: 308
Merit: 250
Can someone please tell me why i cannot release my xcp from the the market in wallet?

It will not let me cancel my order even after a week?

This is crazy i have btc in there also just my xcp says in escrow  Huh

Not to worry i have just checked open orders and it expires in 17 hours my bad
sr. member
Activity: 308
Merit: 250
Can someone please tell me why i cannot release my xcp from the the market in wallet?

It will not let me cancel my order even after a week?

This is crazy i have btc in there also just my xcp says in escrow  Huh
full member
Activity: 121
Merit: 100
Counterparty General Manager
That is what my real question is and it is a problem that probably affects both counterparty foundation and the bitcoin foundation.
What is to stop someone with deep pockets and a programmer influencing the entire election?

I'm not sure how much damage a rogue community director can do, so its probably not a critical problem - if someone wants to buy votes then I say we let them.

Not sure how voting is going to work for other board members, but I think its a Foundation membership rather than XCP holder thing for that - or perhaps both, which would probably work out best imo.

Yes, Industry Directors are chosen by Industry members (businesses that support the foundation by paying for one of the Industry tier), while the Founding Directors (Robby and Adam) remain the same and ensure that the board as a whole keeps working in the best interest of Counterparty and its ecosystem.
sr. member
Activity: 378
Merit: 250
That is what my real question is and it is a problem that probably affects both counterparty foundation and the bitcoin foundation.
What is to stop someone with deep pockets and a programmer influencing the entire election?

I'm not sure how much damage a rogue community director can do, so its probably not a critical problem - if someone wants to buy votes then I say we let them.

Not sure how voting is going to work for other board members, but I think its a Foundation membership rather than XCP holder thing for that - or perhaps both, which would probably work out best imo.
hero member
Activity: 522
Merit: 500
Another question I had regarding membership is what measures are taken to prevent interference of votes via autonomous means; I wrote briefly about this on another website ( https://www.backed.io/posts/post/37 )?

Here's the voting procedure for the Community Director that will take place on April 2nd.

  • Every community member may self nominate, or be nominated by another member. Each candidate must hold at least 50 XCP, which they will prove by signing a specific message (chosen by the Executive Director) with their private key.
  • At the start of the two week voting period the Executive Director will generate a Bitcoin address for each candidate, issue a specific vote token of 10 million units, divisible, and locked and issue a dividend to XCP holders with this vote token as the dividend asset. (Meaning that all XCP addresses will receive some quantity vote token in proportion to their XCP balance.)
  • During this two week voting period owners of addresses with a vote token balance may send vote tokens to one or more of the addresses corresponding to the candidate(s) they wish to vote for.
  • Immediately after the two week voting period the Executive Director will tally and report on the results of the voting. The candidate address with the highest vote token balance will be announced as the winner of the election, and will receive the Community Director position for the term of 1 year from the date of the end of the voting period.

Oooh exciting.

I wonder if someone will try to buy votes.

That is what my real question is and it is a problem that probably affects both counterparty foundation and the bitcoin foundation.
What is to stop someone with deep pockets and a programmer influencing the entire election?
sr. member
Activity: 378
Merit: 250
Another question I had regarding membership is what measures are taken to prevent interference of votes via autonomous means; I wrote briefly about this on another website ( https://www.backed.io/posts/post/37 )?

Here's the voting procedure for the Community Director that will take place on April 2nd.

  • Every community member may self nominate, or be nominated by another member. Each candidate must hold at least 50 XCP, which they will prove by signing a specific message (chosen by the Executive Director) with their private key.
  • At the start of the two week voting period the Executive Director will generate a Bitcoin address for each candidate, issue a specific vote token of 10 million units, divisible, and locked and issue a dividend to XCP holders with this vote token as the dividend asset. (Meaning that all XCP addresses will receive some quantity vote token in proportion to their XCP balance.)
  • During this two week voting period owners of addresses with a vote token balance may send vote tokens to one or more of the addresses corresponding to the candidate(s) they wish to vote for.
  • Immediately after the two week voting period the Executive Director will tally and report on the results of the voting. The candidate address with the highest vote token balance will be announced as the winner of the election, and will receive the Community Director position for the term of 1 year from the date of the end of the voting period.

Oooh exciting.

I wonder if someone will try to buy votes.
full member
Activity: 121
Merit: 100
Counterparty General Manager
Another question I had regarding membership is what measures are taken to prevent interference of votes via autonomous means; I wrote briefly about this on another website ( https://www.backed.io/posts/post/37 )?

Here's the voting procedure for the Community Director that will take place on April 2nd.

  • Every community member may self nominate, or be nominated by another member. Each candidate must hold at least 50 XCP, which they will prove by signing a specific message (chosen by the Executive Director) with their private key.
  • At the start of the two week voting period the Executive Director will generate a Bitcoin address for each candidate, issue a specific vote token of 10 million units, divisible, and locked and issue a dividend to XCP holders with this vote token as the dividend asset. (Meaning that all XCP addresses will receive some quantity vote token in proportion to their XCP balance.)
  • During this two week voting period owners of addresses with a vote token balance may send vote tokens to one or more of the addresses corresponding to the candidate(s) they wish to vote for.
  • Immediately after the two week voting period the Executive Director will tally and report on the results of the voting. The candidate address with the highest vote token balance will be announced as the winner of the election, and will receive the Community Director position for the term of 1 year from the date of the end of the voting period.
hero member
Activity: 522
Merit: 500
request: make the cost for joining the foundation a little cheaper; $50 USD is pretty excessive in my opinion.

I understand the price is an incentive for keeping the process fair and trying to weed out those who would attempt to have 300 accounts, but setting the bar at $50 is a bit ridiculous considering it is a huge amount in many third world countries. And if counterparty's true aim is "to power the decentralization of finance and support the creation of superior, frictionless, decentralized financial tools" then allowing a far larger pool of members

Even as someone who lives in a first world country, I am hesitant to spend $50 on an annual membership. Perhaps making a lottery for those who cannot afford the $50 would be a good way to foster larger community involvement in the foundation.

Another issue is that the bitcoinfoundation itself only charges $25 USD for an annual membership.

The price for the annual membership is currently set to $30 (during the duration of the campaign you can use the coupon code CTGIVEAWAY, if you complete the giveaway at http://cointelegraph.com/giveaway you will also get $10 worth of XCP and $20 worth of store coupon, so you pay $30 and get $30 XCP and Counterparty items in return (plus all the other benefits the annual membership offers)). After the campaign ends we will consider lowering the fee if the majority of the community shares these concerns.

Another question I had regarding membership is what measures are taken to prevent interference of votes via autonomous means; I wrote briefly about this on another website ( https://www.backed.io/posts/post/37 )?
full member
Activity: 121
Merit: 100
Counterparty General Manager
request: make the cost for joining the foundation a little cheaper; $50 USD is pretty excessive in my opinion.

I understand the price is an incentive for keeping the process fair and trying to weed out those who would attempt to have 300 accounts, but setting the bar at $50 is a bit ridiculous considering it is a huge amount in many third world countries. And if counterparty's true aim is "to power the decentralization of finance and support the creation of superior, frictionless, decentralized financial tools" then allowing a far larger pool of members

Even as someone who lives in a first world country, I am hesitant to spend $50 on an annual membership. Perhaps making a lottery for those who cannot afford the $50 would be a good way to foster larger community involvement in the foundation.

Another issue is that the bitcoinfoundation itself only charges $25 USD for an annual membership.

The price for the annual membership is currently set to $30 (during the duration of the campaign you can use the coupon code CTGIVEAWAY, if you complete the giveaway at http://cointelegraph.com/giveaway you will also get $10 worth of XCP and $20 worth of store coupon, so you pay $30 and get $30 XCP and Counterparty items in return (plus all the other benefits the annual membership offers)). After the campaign ends we will consider lowering the fee if the majority of the community shares these concerns.
legendary
Activity: 2128
Merit: 1002
http://www.coindesk.com/lead-developers-leave-overstocks-medici-project/

Quote
Dermody and Wagner confirmed the shift, indicating that they have since launched a new business to be announced soon. Both continue to work on their bitcoin-based asset transfer protocol Counterparty.

Does anybody know anything about the "new business"? Does it have anything to do with Counterparty? Or, is it something Darmody and Wagner are doing outside of Counterparty? I haven't seen this discussed and was hoping somebody could shed some light on this.

Thanks!


That type of information is usually under a NDA cover and no one will spill the beans.
sr. member
Activity: 310
Merit: 250
it may sounds like a word from out of blue - but just would like say that XCP developers and a way how this coin has been distributed is enough credible for me.
Wish the dev team all the best.
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