Dump XCP and try to invest on good project ..XCP would be worst performed coin of 2017
yes!u are right
XCP has been declining for a long time now. It was a great idea and it had a good branding, team once upon a time. But now its just a underdeveloped coin.
Unfortunately, it was really a great idea, but just in the past. Anyway I hope it is great again.
I do not understand your fud. Counterparty is one of the few cryptos out there that actually has a working product already.
Do not you know that cp before the rival is ethereum? Compared to eth... NO, compared lisk waves, Where is cp now?
Do not you know that cp before the rival is ethereum? Compared to eth... NO, compared lisk waves, Where is cp now?
Are you talking about product or market cap?
I do not think Ethereum is
the rival of Counterparty at all, as it suits a totally different usecase. I much rather put our company's tokens on top of Counterparty as it grants us a whole different standard of security. Bitcoin is turing incomplete to achieve a high level of security. ASICs and generally the by far highest hash rate of the Bitcoin blockchain reemphasizes the power of Counterparty. On the other side, Ethereum offers a turing complete language that lets you program anything into the chain that you like, even if its main purpose is to harm the chain.
So if you like experimentation, try Ethereum. If you prefer security, go with Bitcoin/Counterparty.
Counterparty has its rightful purpose already and has implementations coming up that make it suit even better that purpose.
We are still early in the era of crypto. You will be suprised how charts can flip. The time will come where people will understand.
In terms of security, I get that the bitcoin blockchain has the most hashing power and is likely the most secure. However, could you go into more detail of the pros and cons of turing completeness?
In terms of it being a trust minimizing system, wouldn't the number of Counterparty nodes have something to say?
At the end of the day it isn't really about whether one is better than the other. On a personal note, Counterparty tokens do more or less exactly what I want tokens to do. It serves my needs! The fact that you can send tokens to anybody with a bitcoin address whether they like it or not is nice. For example one of our artists, Jack, released a song using mostly Andreas Antonopoulos' voice. Jack didn't ask for permission to use it so he shared some of his tokens with Andreas. You can see that Andreas' donation address has 100 of the token:
https://xchain.io/address/1andreas3batLhQa2FawWjeyjCqyBzypd Here's the song for those that are curious:
https://youtu.be/5e1tW6DgiBQbtw Andreas didn't seem to mind:
https://twitter.com/schmellypanties/status/891988015110922240