Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 213. (Read 1276789 times)

That's nice of the Doge's to join the Caterparty https://bitbucket.org/dahozer/catcoin/src/1334bea032455073d9929b26577dbbb6bc9ace08/counterpartyd/?at=default

And while I was catnapping, some namesquatter issued OATS, anyone know anything about '[email protected]' ?

With Counterwallet (I can't speak for Dogeparty Wallet), your passphrase is your private key. If you know your passphrase, then your funds are safe.

@Counterparty team

I have reported a huge issue for Dogeparty wallet here https://bitcointalksearch.org/topic/m.8376961

Not sure if Counterwallet have the same issue, but it is necessary to investigate because Dogeparty wallet is a copy of Counterwallet.

I should always backup my private key.

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Agreed, especially since it's rather clever: http://en.wikipedia.org/wiki/Counterparty

Great post, Matt. I've never personally been a fan of the doge-things. However, they've done a lot for Bitcoin/alt coins in terms of exposure, so I can respect and appreciate the community they've built as well.

I think "Counterparty" is much cooler sounding, though.

You mean there can be a max of 10 billion of any token including XDP in Dogeparty? What is that limit in Counterparty?

I agree... And its not like it takes a huge investment to burn some "XDPs."

I have to take back what I said about Dogeparty being Counterparty 2.0... Its exactly Counterparty 1.0 minus several features. But I can see how it can serve as a stepping stone for people who want to get into asset creation and cryptocurrency in general.


the price of doge has actually gone down since I bought some to burn... guess there just isn't that much interest. but anyway its been fun creating assets for a few cents a pop. their token limit goes up to 10 billion in case you are wondering. heh.

Dogeparty is good for Dogecoin but it will not save it by itself. They also have to merge mine with Litecoin. Normally merge mining would seal the fate of the currency as miners would get lots of doge for free and mostly dump it. Dogeparty could give dogecoin some value just as the dns use case gives namecoin some value.

Dogeparty is then something that shibes should really jump on and have a great time with. Already they've created tons of funny tokens. Once the novelty runs out, I think we're going to see them incorporate it into all the interesting charity and content creation that they do. Artists are drawn to doge so I can see musicians, writers, comedians, and others doing their crowdfunding through dogeparty. It seems lots of shibes think people are burning money to help the price of doge but that's only a temporary side effect. I purchased doge specifically to burn it.

Where does that leave Counterparty? Just as Bitcoin is the serious big brother to Dogecoin and even to Litecoin, Counterparty will be what serious interests use for tokens that require stronger security and more liquidity.

So I think it's good and have an equal investment in xcp and xdp. xdp has a higher chance of failure on the technical side but a better chance at being known in the important market segment of content creators. If things go south with dogecoin but dogeparty is used widely, they could switch over to Litecoin. Interesting times.

And not to mention, Clearinghouse actually has a working block explorer at http://xch.blockscan.com  

Cheers

This is a post I made elsewhere touching on Dogeparty and what it means to Counterparty.

I am invested in Counterparty so when I look at Dogeparty, I look at it a bit differently that most people as my first thought is what effect will it have on Counterparty.

For Dogecoin I think Dogeparty is fantastic. Doge has a low hashing rate and the inflation makes it worse all the time. There was a figure out out recently that Doge could be 51% attacked at a cost of $450 for whoever pointed the hashing power at it and away from Bitcoin. Perhaps these features:

- Create coins
- Crowdfund
- Pay dividends to shareholders
- Decentralized exchange
- Peer-to-Peer betting (binary/cfd)

Will help spark additional interest in Doge and prevent such a low cost attack.

Doge has one of the most active and ingenious communities of any coin I think. Certainly in a sea of marketing terribleness, Doge did something new and exciting and they have continued to innovate and lead the way. Dogeparty is a natural extension of that and it will be a great fit.

I'm even more excited from the Counterparty side. I would be thrilled to see Counterparty forked and placed on all blockchains that wanted it. If I had to choose a blockchain to put a Counterparty clone on first, it would without a doubt be Doge.

There is little to no overlap of the Counterparty and Dogecoin communities. The very things that attracted early investors to both projects repulsed the other group because the projects were basically polar opposites. Now these two groups of early adopters are being brought together by technology. There will be much more crossover in the communities. More people will fully understand how awesome the Counterparty technology is, which is a big deal because explaining Counterparty to a Bitcoiner is similar to explaining Bitcoin to someone that has never heard of Bitcoin.

EDIT: All Counterparty clones are also really good for the main project. It is the very definition of free marketing. As people come to understand the technology better, they will invest/diversify into Counterparty. I see very, very little risk of current Counterparty community members pulling money out of Counterparty to invest in a clone that largely rides on the Counterparty devs to continue developing, on a blockchain that is less popular than Bitcoin. My hope is that soon every blockchain has Counterparty attached to it and the weird thing is blockchains that don't have Counterparty on them.

Why is nobody using Counterparty betting feeds to offer binary options and other trading tools? I'd really like to see that happen, for bitcoin and alts especially but for other things too.

Copies are made and that is good. Each copy has some changes and different rout of development.
That has been the case of the so many PC typs in the PC revolution, the so many internet sites doing the same thing in the bubble, the so many social networks copying from one another (YASNS), smartphone apps, etc.
It usually challenges the leader, and steers innovation.
It is a good thing for the entire ecosystem... and definitely for counterparty.
would you rather counterparty being an obscure platform that no-one takes interest in its development? Of-course not....

also different values and different developments

cheaper copies are only created to have popularity with the same brand name

Don't manipulate plz. facts strait - clearinghouse came out before dogyparty.

clearinghouse.cc registered in April and released on Monday.
dogyparty.io registered in July and released on Wednesday.

evidence all there on public record -
http://whois.domaintools.com/clearinghouse.cc
http://whois.domaintools.com/viacoin.org
http://whois.domaintools.com/dogeparty.io

There will always be faster and cheaper copies.
After Dogeparty, last one is ClearingHouse XCH using viacoin.

Even the oldest clients will not allow you to burn today.

This doge burning could provide more value to doges, and boost its price, which could bring the hash rate closer to that of Litecoin. I'd like to see Litecoin do the same cloning of Counterparty, I even suggested that in one of the threads a month or two ago, but it looks like Litecoin is left to fend for itself and will eventually lose users and miners to Dogecoin. Now that Dogeparty gives additional value to doges, it will not surprise me if it happens.

Mmm I dunno about that. Being backed by the doge standard isn't much to brag about these days. They have lots of work to do before they come close to catching up.

But wanting to get in on a "Counterparty 2.0" at the beginning hell yeah I'll burn a few doges.

Where I have to hand it to them is a "Dogeparty" does sound a lot more fun than a "Counterparty."