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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 358. (Read 1276826 times)

sr. member
Activity: 262
Merit: 250
@LED_LCD, @CityGlut @Community

Video Update: Things are going well!

It was great speaking to you halfcab123. All the best and let me know if there is anything I can help you with.
member
Activity: 70
Merit: 10
why is not the ideal solution?
how long does counter party have to implement it? more so, the question,
when is luke JR getting rid of multisig?
how quickly qould it take development wise to change to something like that miltisig p2sh


1) The implementation complexity is greater than with OP_RETURN.
2) The fees are higher, too.
3) You are still creating outputs that are not immediately provably prunable.
4) It's generally hackish.

jgarzik, for one, would probably dislike the idea of using P2SH because of 3) and 4), I'd guess.

On the other hand, both P2SH and bare multi-sig give us a lot more space to work with than 80 bytes, so in the long run, unless the size of the OP_RETURN space gets increased dramatically, we also have a significant incentive to keep putting our data in fake ECDSA public keys.

There's no rush at all to move away bare multi-sig, which it has not been decided to retire anyway. It won't take long to start using other encoding methods, and I'm working on this (including pay-to-pubkeyhash) right now anyway.

PhantomPhreak,
are you in contact with the btc core devs so that there will no be any kind of negative surprise that Counterparty can not adapt to fast enough?

Yes. Of course, Bitcoin Core is entirely open source, and dramatic changes to the functionality of the software are always knowable in advance. (Unfortunately, we missed the merging of the 40-byte OP_RETURN into Bitcoin Core.) Code for getting around the disabling of bare multisig outputs will be out very soon, just in case, though.

good that I didnt sell any Smiley
legendary
Activity: 1106
Merit: 1016
090930
Why not just use the official windows binaries? That would be the fastest way to get boottleXCP up and running.  They are on github repo, I don't have the exact link at hand though

What happens when you use the windows binaries and then there's an update? Counterparty won't run unless it's up to date right and then you have to rely on someone to keep building binaries up to date with the latest commits or version updates

Can someone correct me ?

Under Windows, you can always manually update the counterpartyd daemon embedded in BoottleXCP by getting the latest counterpartyd master ZIP file from github and extracting it into the following location (overwriting existing files):

 %APPDATA%\Boottle000\0010FL\Python33\BoottleXCP\counterpartyd

 or

 C:\Documents and Settings\USERNAME\Application Data\Boottle000\0010FL\Python33\BoottleXCP\counterpartyd

Hopefully, BoottleXCP should soon have the built-in ability to update counterpartyd to the latest version in a click.
legendary
Activity: 1106
Merit: 1016
090930

Such an awesome surprise! So this means we can expect many more great things Smiley
Kudos, Jah!   Best news in a while.
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
Is there any reason why

Code:
run.py counterpartyd server

Would throw a syntax error?
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
JahPowerBit, developer of BootleXCP and pyrpcwallet, will join Counterparty full-time.

https://www.counterparty.co/fulltime-developer-counterparty/


to the mooon!
member
Activity: 61
Merit: 10
Why not just use the official windows binaries? That would be the fastest way to get boottleXCP up and running.  They are on github repo, I don't have the exact link at hand though
http://www.reddit.com/r/xcp/comments/1zzhyg/
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
Why not just use the official windows binaries? That would be the fastest way to get boottleXCP up and running.  They are on github repo, I don't have the exact link at hand though

What happens when you use the windows binaries and then there's an update? Counterparty won't run unless it's up to date right and then you have to rely on someone to keep building binaries up to date with the latest commits or version updates

Can someone correct me ?
full member
Activity: 209
Merit: 148
Why not just use the official windows binaries? That would be the fastest way to get boottleXCP up and running.  They are on github repo, I don't have the exact link at hand though
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com


You have windows right?  To be honest if people can trust me I'll do remote sessions and help people set this up. I used to do remote sessions for my business for 3 years+

That being said I am going to try and get started on my video tutorials covering Linux window and mac

I'm trying the build from source instructions one more time,  I'm on the APSW step now.  Thank you for the kind reply.  Do you mind if I PM you for help?

Not at all. Anyone who needs helps feel free to let me know.
member
Activity: 114
Merit: 10


You have windows right?  To be honest if people can trust me I'll do remote sessions and help people set this up. I used to do remote sessions for my business for 3 years+

That being said I am going to try and get started on my video tutorials covering Linux window and mac

I'm trying the build from source instructions one more time,  I'm on the APSW step now.  Thank you for the kind reply.  Do you mind if I PM you for help?
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
I'm disappointed at the ease of use after this long.  I burned with the web wallet but I'm still struggling to actually move my XCP anywhere or do anything with it.  That's definitely holding the value of this down...real people can't do anything except speculate while it's sitting in an exchange.


on the other hand it Equally Might be holding the price up as its not so easy to move the coins into exchanges- , counter wallet is out soonish, not long too wait and find out

Sorry but that is a completely ridiculous argument.  That means that you're hoping that locking people's money up who aren't tech savvy enough to sell it is a good idea for the overall health of the coin.  It's frankly absurd that in 3 months a decent GUI can't be produced; or even Windows based instructions for Boottle.

The last thing you can say is that development is slow here. It's a world first, practically 7 weeks old or maybe 6 since the burn was over with unsurpassed achievements and progress.

do you want the community to also buy some XCPs for you? or a wallet will be enough?  
facepalm.

You have windows right?  To be honest if people can trust me I'll do remote sessions and help people set this up. I used to do remote sessions for my business for 3 years+

That being said I am going to try and get started on my video tutorials covering Linux window and mac
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
why is not the ideal solution?
how long does counter party have to implement it? more so, the question,
when is luke JR getting rid of multisig?
how quickly qould it take development wise to change to something like that miltisig p2sh


1) The implementation complexity is greater than with OP_RETURN.
2) The fees are higher, too.
3) You are still creating outputs that are not immediately provably prunable.
4) It's generally hackish.

jgarzik, for one, would probably dislike the idea of using P2SH because of 3) and 4), I'd guess.

On the other hand, both P2SH and bare multi-sig give us a lot more space to work with than 80 bytes, so in the long run, unless the size of the OP_RETURN space gets increased dramatically, we also have a significant incentive to keep putting our data in fake ECDSA public keys.

There's no rush at all to move away bare multi-sig, which it has not been decided to retire anyway. It won't take long to start using other encoding methods, and I'm working on this (including pay-to-pubkeyhash) right now anyway.

PhantomPhreak,
are you in contact with the btc core devs so that there will no be any kind of negative surprise that Counterparty can not adapt to fast enough?

Yes. Of course, Bitcoin Core is entirely open source, and dramatic changes to the functionality of the software are always knowable in advance. (Unfortunately, we missed the merging of the 40-byte OP_RETURN into Bitcoin Core.) Code for getting around the disabling of bare multisig outputs will be out very soon, just in case, though.
member
Activity: 114
Merit: 10
I'm disappointed at the ease of use after this long.  I burned with the web wallet but I'm still struggling to actually move my XCP anywhere or do anything with it.  That's definitely holding the value of this down...real people can't do anything except speculate while it's sitting in an exchange.


on the other hand it Equally Might be holding the price up as its not so easy to move the coins into exchanges- , counter wallet is out soonish, not long too wait and find out

Sorry but that is a completely ridiculous argument.  That means that you're hoping that locking people's money up who aren't tech savvy enough to sell it is a good idea for the overall health of the coin.  It's frankly absurd that in 3 months a decent GUI can't be produced; or even Windows based instructions for Boottle.

The last thing you can say is that development is slow here. It's a world first, practically 7 weeks old or maybe 6 since the burn was over with unsurpassed achievements and progress.

do you want the community to also buy some XCPs for you? or a wallet will be enough?  
facepalm.
full member
Activity: 210
Merit: 100
I'm disappointed at the ease of use after this long.  I burned with the web wallet but I'm still struggling to actually move my XCP anywhere or do anything with it.  That's definitely holding the value of this down...real people can't do anything except speculate while it's sitting in an exchange.


on the other hand it Equally Might be holding the price up as its not so easy to move the coins into exchanges- , counter wallet is out soonish, not long too wait and find out

Sorry but that is a completely ridiculous argument.  That means that you're hoping that locking people's money up who aren't tech savvy enough to sell it is a good idea for the overall health of the coin.  It's frankly absurd that in 3 months a decent GUI can't be produced; or even Windows based instructions for Boottle.

The last thing you can say is that development is slow here. It's a world first, practically 7 weeks old or maybe 6 since the burn was over with unsurpassed achievements and progress.

do you want the community to also buy some XCPs for you? or will a wallet be enough?  
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
I'll make a video tutorial today long over due
legendary
Activity: 910
Merit: 1000
its not an argument, its just a different perspective on the fact its hard to move around XCP, to do with supply and demand , and your obviously mis interpreting my point from it
i want a gui out as i want cheap coins

 so i am not sure your point here.
member
Activity: 114
Merit: 10
I'm disappointed at the ease of use after this long.  I burned with the web wallet but I'm still struggling to actually move my XCP anywhere or do anything with it.  That's definitely holding the value of this down...real people can't do anything except speculate while it's sitting in an exchange.


on the other hand it Equally Might be holding the price up as its not so easy to move the coins into exchanges- , counter wallet is out soonish, not long too wait and find out

Sorry but that is a completely ridiculous argument.  That means that you're hoping that locking people's money up who aren't tech savvy enough to sell it is a good idea for the overall health of the coin.  It's frankly absurd that in 3 months a decent GUI can't be produced; or even Windows based instructions for Boottle.
legendary
Activity: 910
Merit: 1000
I'm disappointed at the ease of use after this long.  I burned with the web wallet but I'm still struggling to actually move my XCP anywhere or do anything with it.  That's definitely holding the value of this down...real people can't do anything except speculate while it's sitting in an exchange.


on the other hand it Equally Might be holding the price up as its not so easy to move the coins into exchanges- , counter wallet is out soonish, not long too wait and find out
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