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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 196. (Read 1276789 times)

legendary
Activity: 1008
Merit: 1000
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.


Do we know or do we have reason to assume that the twitter post by Patrick that he wants to announce something in Las Vegas in good news for counterparty? Was that discusses here before?

That is something I am assuming based off of information that is available in the public domain. I could be wrong.

http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/08/01/the-man-who-would-undo-wall-street-by-offering.html?page=all

http://www.wired.com/2014/07/overstock-and-cryptocurrency/

http://insidebitcoins.com/las-vegas/2014/agenda

The topic of Patrick's keynote is: The blockchain has proved very well suited to the exchange of digital currency. But what about exchanging shares of public companies? Overstock.com CEO Patrick M. Byrne, a longtime critic of Wall Street, is actively pursuing a model for trading stock on a peer to peer basis *using the Bitcoin protocol*. In his talk, Byrne will discuss the challenges and opportunities presented by a decentralized stock exchange.

It says he's looking to use the Bitcoin protocol. The only 2.0 platform that is *built on bitcoin* and has publicly stated they've spoken to Overstock is Counterparty. If Mastercoin or Colored Coins were speaking with Overstock I think we would have heard something about it by now.



I think Bitshares tried a dialogue with them. Don't have the details, maybe someone can fill in.
hero member
Activity: 647
Merit: 510
Counterpartying
hero member
Activity: 647
Merit: 510
Counterpartying
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.


Do we know or do we have reason to assume that the twitter post by Patrick that he wants to announce something in Las Vegas in good news for counterparty? Was that discusses here before?

That is something I am assuming based off of information that is available in the public domain. I could be wrong.

http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/08/01/the-man-who-would-undo-wall-street-by-offering.html?page=all

http://www.wired.com/2014/07/overstock-and-cryptocurrency/

http://insidebitcoins.com/las-vegas/2014/agenda

The topic of Patrick's keynote is: The blockchain has proved very well suited to the exchange of digital currency. But what about exchanging shares of public companies? Overstock.com CEO Patrick M. Byrne, a longtime critic of Wall Street, is actively pursuing a model for trading stock on a peer to peer basis *using the Bitcoin protocol*. In his talk, Byrne will discuss the challenges and opportunities presented by a decentralized stock exchange.

It says he's looking to use the Bitcoin protocol. The only 2.0 platform that is *built on bitcoin* and has publicly stated they've spoken to Overstock is Counterparty. If Mastercoin or Colored Coins were speaking with Overstock I think we would have heard something about it by now.

sr. member
Activity: 441
Merit: 250
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.


Do we know or do we have reason to assume that the twitter post by Patrick that he wants to announce something in Las Vegas in good news for counterparty? Was that discusses here before?
hero member
Activity: 647
Merit: 510
Counterpartying
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.

hero member
Activity: 689
Merit: 507
Seems reddit is getting into the cryptosecurity game. Wouldn't Counterparty be the best option for this? http://techcrunch.com/2014/09/30/reddit-scoops-up-50m-series-b-from-sam-altman-a16z-sequoia-at-500m-valuation/
Either theyll use Counterparty or run into high development costs or unforeseen problems (such as centralization). Interested to see this play out.

https://www.cryptocoinsnews.com/andrew-barissers-open-letter-reddit-build-bitcoin/

It mentions Counterparty
sr. member
Activity: 432
Merit: 250
Seems reddit is getting into the cryptosecurity game. Wouldn't Counterparty be the best option for this? http://techcrunch.com/2014/09/30/reddit-scoops-up-50m-series-b-from-sam-altman-a16z-sequoia-at-500m-valuation/
Either theyll use Counterparty or run into high development costs or unforeseen problems (such as centralization). Interested to see this play out.
sr. member
Activity: 390
Merit: 254
Counterparty Developer
counterwallet domain updated to counterwallet.io on the servers. if you're logged in, it will require you to page refresh then log back in

(counterwallet.co still works and will automatically redirect to use counterwallet.io)
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
Have coinmarketcap.com listed already all real counterparty assets? http://coinmarketcap.com/assets/

you have to post on their thread and gliss will evaluate
full member
Activity: 134
Merit: 100
Have coinmarketcap.com listed already all real counterparty assets? http://coinmarketcap.com/assets/
legendary
Activity: 1008
Merit: 1000
Counterparty devs are responsive, not to mention one of the fastest dev teams out there AND one of the only dev teams that not only works for free, but also spends their own personal funds to move a project forward.

Agree with this. I'm wondering whether the devs have any plans to create a foundation and accept memberships/donations to help even more with development?

Counterparty devs are anonymous, so difficult to create any kind of foundation with that. Maybe a few big holders who are not averse to being public can get together and make one.

What ?? They're not anonymous.

were, not are

Didn't know that.

Who are PhantomPhreak and cityglut?
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
Counterparty devs are responsive, not to mention one of the fastest dev teams out there AND one of the only dev teams that not only works for free, but also spends their own personal funds to move a project forward.

Agree with this. I'm wondering whether the devs have any plans to create a foundation and accept memberships/donations to help even more with development?

Counterparty devs are anonymous, so difficult to create any kind of foundation with that. Maybe a few big holders who are not averse to being public can get together and make one.

What ?? They're not anonymous.

were, not are
hero member
Activity: 672
Merit: 500
Counterparty devs are responsive, not to mention one of the fastest dev teams out there AND one of the only dev teams that not only works for free, but also spends their own personal funds to move a project forward.

Agree with this. I'm wondering whether the devs have any plans to create a foundation and accept memberships/donations to help even more with development?

Counterparty devs are anonymous, so difficult to create any kind of foundation with that. Maybe a few big holders who are not averse to being public can get together and make one.

What ?? They're not anonymous.
sr. member
Activity: 378
Merit: 250
Counterparty devs are responsive, not to mention one of the fastest dev teams out there AND one of the only dev teams that not only works for free, but also spends their own personal funds to move a project forward.

Agree with this. I'm wondering whether the devs have any plans to create a foundation and accept memberships/donations to help even more with development?

Counterparty devs are anonymous, so difficult to create any kind of foundation with that. Maybe a few big holders who are not averse to being public can get together and make one.

Oh yes, you are right. I guess that is what will eventually happen, but if it means the current devs retiring from the project I think it wouldn't be good for it to happen any time soon.
legendary
Activity: 1008
Merit: 1000
Counterparty devs are responsive, not to mention one of the fastest dev teams out there AND one of the only dev teams that not only works for free, but also spends their own personal funds to move a project forward.

Agree with this. I'm wondering whether the devs have any plans to create a foundation and accept memberships/donations to help even more with development?

Counterparty devs are anonymous, so difficult to create any kind of foundation with that. Maybe a few big holders who are not averse to being public can get together and make one.
member
Activity: 118
Merit: 10
A difference which makes a difference
Yet another advantage of the Counterparty Protocol running on the Bitcoin Protocol - it will benefit from Bitcoin's other broadcast channel developments - http://kryptoradio.koodilehto.fi/. See Coindesk's article too - http://www.coindesk.com/bitcoiners-finland-send-cryptocurrency-radio/.

So is it true to say that the Counterparty Protocol transactions are currently being beamed to the majority of the population of Finland? The Counterparty Protocol Broadcast Transactions are literally being broadcast!  Grin



legendary
Activity: 1008
Merit: 1000
I would like to see a feature in counterwallet which adds up the total balances of all the addresses. Currently, it shows them separately, and I have to add manually to get the total for any asset.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
I feel like complaining about BTC being too slow completely and entirely misses the point and magnitude of its innovative properties. It's like being suddenly confronted with a flat screen HD TV when the pinnacle of technology you've encountered was a radio, and the only thing you have to say is "ah but you can't smell the contents".  Roll Eyes

Bank to bank transfers across countries take days if not weeks.
Bank to bank transfers in the same bank take like 10 minutes.
Credit card transactions take months to confirm.

It's really ridiculous, and the only people that HFT benefits are those with tons of money to begin with.

Besides, absolutely nobody is stopping people from creating a very low latency Counterparty asset exchange(s) (off-chain).


+1
I could not agree more, 10 minutes if fine for almost all normal uses, people need to learn a bit of patience.


i call bullshit.

i have been using counterwallet, dogeparty and clearinghouse lately to gather info for a report i am writing, and i have to say XCH is the best out of the 3

not only is it fast, but the dev's are responsive and have fixed some of the issues with the wallet.

it is a BREEZE to use. i know there is a slight advantage to be using BTC for dividend payments, but not having to sit there and waste 10 minutes of your life that has real value to people.

I re-call bullshit?

Counterparty devs are responsive, not to mention one of the fastest dev teams out there AND one of the only dev teams that not only works for free, but also spends their own personal funds to move a project forward.

When you make a dividend payment with Counterparty, you are not required to wait 10 minutes for it to go through, you can just walk away and reclaim that 10 minutes of your life and the transaction will go through without you. The same time is spent either way.

The usability of both wallets is practically identical as well. So again, the only advantage XHC has, is speed.


i never said the XCP dev's are not responsive.  please don't put words where there aren't any.

the main branch has a good team and indeed will benefit from the XCH team's contributions, however the backbone they are working with is bit gimped, as we all know from the op return 80  gimp to 40, and the 10 minute confirms.  of course bitcoin has other advantages like network effect, stability and having the code worked on by many people.

forget about high frequency trading when we talk about machine to machine electronic markets, it is nice to get higher frequency and resolution.

BTC is fine for stuff like trading equities and settling between off chain accounts, but for other use cases 10 minutes just doesn't cut it.

btw i now own XCP, XDP and XCH Smiley

sr. member
Activity: 378
Merit: 250
Counterparty devs are responsive, not to mention one of the fastest dev teams out there AND one of the only dev teams that not only works for free, but also spends their own personal funds to move a project forward.

Agree with this. I'm wondering whether the devs have any plans to create a foundation and accept memberships/donations to help even more with development?
hero member
Activity: 647
Merit: 510
Counterpartying
I feel like complaining about BTC being too slow completely and entirely misses the point and magnitude of its innovative properties. It's like being suddenly confronted with a flat screen HD TV when the pinnacle of technology you've encountered was a radio, and the only thing you have to say is "ah but you can't smell the contents".  Roll Eyes

Bank to bank transfers across countries take days if not weeks.
Bank to bank transfers in the same bank take like 10 minutes.
Credit card transactions take months to confirm.

It's really ridiculous, and the only people that HFT benefits are those with tons of money to begin with.

Besides, absolutely nobody is stopping people from creating a very low latency Counterparty asset exchange(s) (off-chain).


+1
I could not agree more, 10 minutes if fine for almost all normal uses, people need to learn a bit of patience.

i call bullshit.

i have been using counterwallet, dogeparty and clearinghouse lately to gather info for a report i am writing, and i have to say XCH is the best out of the 3

not only is it fast, but the dev's are responsive and have fixed some of the issues with the wallet.

it is a BREEZE to use. i know there is a slight advantage to be using BTC for dividend payments, but not having to sit there and waste 10 minutes of your life that has real value to people.

I re-call bullshit?

Counterparty devs are responsive, not to mention one of the fastest dev teams out there AND one of the only dev teams that not only works for free, but also spends their own personal funds to move a project forward.

When you make a dividend payment with Counterparty, you are not required to wait 10 minutes for it to go through, you can just walk away and reclaim that 10 minutes of your life and the transaction will go through without you. The same time is spent either way.

The usability of both wallets is practically identical as well. So again, the only advantage XHC has, is speed.
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