Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 270. (Read 1276789 times)

This is an insanely good idea.

hey guys
i am working on a new project -> http://www.cryptoassetcharts.info
showing charts for decentralized assets and want to grab the data from counterparty. but i am very busy atm and dont have time to run an own bitcoin daemon with counterpartyd and grab the API

is somebody in the community willing todo this work and provide me tradedata and orderbook? NXT and NAS was easy (public nodes, clean API).. please email me at office (at) cryptocoincharts (dot) info

thanks

You do want it to be visible how many dividends are earned - that's a huge benefit of on blockchain accounting - it's completely transparent. Of course there is no link between your identity and said address without your willing participation - in other words transparent and anonymous accounting!

I imagine in the long run something like a zerocoin style mixing could be possible in Counterparty - but realistically the amount of hype around these 'anonymity' improvements is very disproportional to what they actually bring to the table. For example Darkwallet is mostly just a technically elegant replacement for using a centralized exchange to mix, the later of which is despite all flaws a very much functional system that still solves exactly the same problem. And Darkcoin is just another Auroracoin style scam.

Wow, hope to be able to buy Overstock shares with Counterparty soon ! 

Yes, there has been contact between Counterparty and Overstock.

Agreed. Privacy is critical to counterparty.

I should add a picture of fire engine putting out a fire the page tomorrow

Can a dev confirm or deny talks with overstock ?

I suggest to change the title of this thread to 'XCP First Anonymous Asset Exchange'.

Positive mentioned,thanks.

I'm not sure if this has been posted:


Source:

http://www.ecommercebytes.com/C/abblog/blog.pl?/pl/2014/5/1401323908.html

I dont know is that possible make, but i start think how it working if everyone who want mix coins buy asset and asset automatically send back after x time or when its buyed 100% to every address who have buy it. Example what i mean there is asset quantity 100, and there is 100 people who are interested make 1coin mix with 100 people, they all buy 1 quantity of this asset and when its fulfilled, asset sending it randomly back. Or then that waiting there coming like 5x 100 mixer full and mix with each other and with everyones coins.

We apologize, you are correct. We do not mean to mislead anyone. As it stands, trading XCP for XCP appears to be a trivial obfuscation as it is still a direct public link in the chain of ownership. (Please largely ignore our previous post as we misunderstood your initial qualms and we addressed the wrong thing entirely). However, it may prove to be one of a number of tools which when used in combination provide varying degrees of anonymity: from trivial obfuscation to near total anonymity.

As you say, if a number of orders could be bundled together to make one composite order (from one address say) and then redistributed after being matched (to new addresses) then we have more significant privacy.

Privacy in Counterparty is really important.
Like with bitcoin, we don't want people to know how many dividends we earned and which assets we are holding, or even trades strategy on each asset, etc

So a mixer or other privacy system is a big improvement, or requirement.

Yes, I watch it for a long time, I found that it is a very promising coins!
 

Of course, xcp!
This is a very good coin, it has great potential!
 

But, again, there can only be two parties to a trade, right?  And it's an atomic transaction, right?  If I trade 1BTC to you, in return for 1BTC from you, we both end up with 1BTC, and both of our BTC's can be traced to the transaction where we openly and transparently swapped 1BTC for 1BTC.  Such a transaction could never be mistaken for anything other than an attempt to obfuscate, and it really doesn't even do a good job of that.

CoinJoin and Darksend work because they have a BUNCH of inputs from a BUNCH of addresses, all sending (say) 10 DRK as input, all receiving different outputs, where all of the outputs are to new wallet addresses and/or third parties, and everything is bundled into one large transaction that is signed by all sending addresses so that it is impossible to match up the inputs with the outputs, since the inputs are all standardized and the outputs are in randomized order.

The whole reason why it works is that it takes coins from more than 2 senders, so there is some plausible deniability there.  If you and I both have 10 $1 bills, and we each drop the $1 bills into a hat, and then we each pull out $10 from the hat and go on our separate ways, there's no denying what the hell is going on.  It's a pointless transaction.  We each put in $10, and we each took out $10.

But now think if 20 people (let's call them A_1 through A_20) walk up to the hat, and each of them deposits 10 $1 bills, so there's now $200 in the hat.  Now 20 new people (B_1 through B_20) walk up and withdraw varying amounts out of the hat -- some take $1, some take $9, some take $10, some take $5 -- it's impossible for an outside observer to determine which of the depositors gave the money to which of the withdrawers.  (And of course some of the withdrawers are proxies for the original depositors anyway -- i.e., new wallet addresses or even stealth addresses.)  If the police come up to A_3 afterwards and say "Hey!  You sent money to B_17, who is a drug dealer!" then they can never prove it because there were 19 other people acting as senders in the transaction, and any one of them could have been the one who sent the money to B_17.

sounds great!

Its a win if people standardize the amounts they want to mix, so .1, 1btc, 10btc and 100btc - This can be a best practices thing with it just the unwritten rule those are the increments or a drop-down preset option for this trade-for-same transaction.

Jeremy Lam, the creator of Vennd, was interviewed by Adam on Let's Talk Bitcoin today. He outlines how Vennd which runs on top of Counterparty will allow easier IPOs and cross-blockchain trading. Incredibly awesome technology.

http://letstalkbitcoin.com/blog/post/ltb-113-enabling-tech