Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 284. (Read 1276789 times)

I understand myself as a small venture capitalist in the cryptoworld. this project has by far the funniest market valueation. AFAIK at least 3 people (you, xnova and phantomfreak) are working full time on this project, jahpowerbit and cityglut at least half-time (I think jah also full-time), there is much progress been made and some real-world projects are growing. counterwallet has unique features and xcp is the only currency which can be used for escrow and betting (although complicated). This project never stucked due to money reasons - even some of the most known guys in the bitcoin-sphere (peter and sergio) were hired to check the code, the developers have shown a very high level of coding skills as well as high intellectual capabilities - and the price does one thing: it goes down all the time and even losing with regard to other cryptocurrencies.

I am in 6-8 Projects where prices at least make some sense, one also was massively undervalued and corrected over the last weeks. I do not even know why I write this down and not simply buy more - but either me is stupid or this complete market is stupid. Anyway PLEASE KEEP THIS HIGH QUALITY OF WORK and do not care for the price. Prices are not always an indicator of quality. Let me know if I can help you. 

Although I realize no one is making bets (posting, just in case someone was perhaps thinking about it), there is some trouble with my VPS at the moment, so Broadcasts for these addresses will resume tomorrow:
1FwFY4tJWpu5LzFqbQEJ5gSRxzXyWA7Vt1 (Gold/USD London Fixing)
1E7qexXyupzYqx9R6rbUt2PciyTZ35MBDf (BTC/USD Bitstamp)

I'll add and automate a backup node in near future.

Version 9.18.0 is out, which fixes another bug that triggered a sanity check error on testnet.

The job fair was great. Robby and I were able to meet with a number of qualified candidates for the marketing and development positions we're looking to fill. It also turned out to be a fantastic way to raise the general awareness of Counterparty. Almost everyone we spoke to had a reaction that ranged from enthusiastic to incredibly excited. We were congratulated and thanked many times for our efforts. It felt great to get such positive feedback from people who are outside our tighter knit community here on Bitcointalk and Counterparty.co.

We're heading off to speak at an Ethereum Meetup tonight, we have a potential speaking event at Stanford on Monday where Robby will probably give a short presentation after Max Levchin (Co-Founder of Paypal), and that will be followed up with Robby presenting at the Silicon Valley Bitcoin Meetup.

We've also had the fortune of meeting with a number of individuals and Counterparty entrepreneurs privately and again the reception and progress has been great.

Adam attended the MIT Bitcoin Meetup yesterday and had a similar reception.

The main price driver and use case for XCP is binary and complex betting as XCP is the only currency that can be escrewed. When betting functionality goes live in Counterwallet and feed sites pop up, the price of XCP will increase.

Definitely not true.  There was a 30+ minute block about 10 blocks ago:

http://blockr.io/block/info/299101
http://blockr.io/block/info/299102

Although it should be said that there can always be discrepancies in timestamps due to people not being sychronized, so this should be taken with a grain of salt.  However, I remember a couple of weeks ago when I sent a transaction, it took nearly 40 minutes for it to be verified because there was no block generated in that time (real-world, wall-clock time).

The 10 minute average block generation time is just that, an average.  There are 2-second blocks to balance out the 40-minute blocks.  If there were a 20-minute cutoff, it would shorten the average block time.

Yes it's right! it's already implemented for sweeping. We can generalize for all transactions.

Interesting

It may be a good idea.

XCP  can not bring profits to shareholders at present , so the Price is going down.

We can think about re-burnt the xcp to get a chance to re-design a profitable one, and that will make the new-xcp as a real DAC.

Let us think about it.  

Yeah and then the difficulty goes up and you end up with 30 minute blocks.

edit: The Bitcoin wiki says I'm wrong:

But I distinctly remember 30 minute blocks when Counterwallet was first launched. Any ideas?

Hey guys, counterwallet testnet went down due to a minor bug we've fixed (counterpartyd has a protection system that notices if things don't match up and errors out). It's been fixed and it's coming back up, but testnet is getting like 3-5 blocks a minute now, so it will take awhile to catch up... (seems like someone is throwing a bunch of hashpower at it!)

Also, old.counterwallet.co is going to be taken down on the 8th or 9th. If you still use that for whatever reason, please move your stuff off to counterwallet.co. Thanks.

hahaha sorry remember now!

Ohhh. Sorry I didn't realize you were using a sock-puppet, let me edit that.

 

Edit: Thanks Bellebite.

I think all XCP's should be re-burnt and replaced with a shared ownership of some of kind of fee structure within the system (then dividends can be paid to shareholders). XCP's are a pretty pointless design element of the system (unless someone can explain otherwise) and there doesn't seem to be any element in the system to provide financial incentives in any way.

Prime opportunity for CounterParty

I thought this was already implemented, pretty damn smoothly too from what i experienced.

When I went to sweet privkeys from burn, I could simply paste a privkey of a wallet containing enough BTC dust, without having to send that BTC first to the wallet that contained XCP


https://wiki.counterparty.co/w/Main_Page

so,where's this wiki page

IMHO, It's the job of the wallet. It's sufficient to have a single address with a bit of BTC in the wallet. This can be a nice feature to add to the Counterwallet.