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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 515. (Read 1276916 times)

sr. member
Activity: 364
Merit: 250
Owner of Poloniex
An absolute minimum of 1 confirmation is needed for anything to show up in your deposits. After the first confirmation, an attempt is made to send your deposit to the main account. If this fails, then more BTC dust is sent to your XCP deposit address. This needs one more confirmation to clear. Then, another attempt is made, but sometimes the second one can fail, too. After the XCP is finally sent to the main account, an additional two confirmations are needed.

In addition to this, the daemon runs once every ten minutes. So if there are some fast blocks on the BTC network, you can end up with more confirmations.

I've just made a change that should help any stuck deposits (there seem to be three of them right now). Before, one dust transfer was made if the transfer of XCP to the main account failed, and then the daemon just kept trying without any additional dust transfers. The only case in which additional dust would be transferred is if the "TX rejected" error was thrown instead of the "insufficient BTC" error. Since the daemon only runs once every ten minutes, I think it's probably safe to have additional dust transferred after every failure, so I've made that change.

Once the main wallet gets enough XCP, I'll be able to credit people before the move into the main account is complete, but for now, every XCP on balance and available for purchase needs to be available for immediate withdrawal.

Also, at these prices, it's looking like 1 XCP fee and 5 XCP minimum withdrawal might be a bit high...
full member
Activity: 238
Merit: 100
It's inevitable. 1 XCP = 0.1 BTC
Get in now while you can.  Cool

The price is moving up and I regret the early sales I made. Smiley
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
It's inevitable. 1 XCP = 0.1 BTC
Get in now while you can.  Cool
legendary
Activity: 882
Merit: 1002
Quote

Are the deposits working? I did a test deposit and it does not look they are getting credit to the account although they already show on the blockchain

My deposit showed up in exactly 6 confirms. Does seem like some people are having trouble though.
To my knowledge 100% of deposits have been successful. I think it is 6 confirms + a few more due to the sweeping to main acct.

Just have to do the deposit and go do other stuff, bitcoin is slow

my first deposit was 50 XCP ---> got only 31 XCP credited to my account (I PM busoni)
second deposit was 10 XCP--- got 10 XCP and everything was fine.

Hope the first deposit was a one time problem.
legendary
Activity: 1176
Merit: 1134
Quote

Are the deposits working? I did a test deposit and it does not look they are getting credit to the account although they already show on the blockchain

My deposit showed up in exactly 6 confirms. Does seem like some people are having trouble though.
To my knowledge 100% of deposits have been successful. I think it is 6 confirms + a few more due to the sweeping to main acct.

Just have to do the deposit and go do other stuff, bitcoin is slow
legendary
Activity: 876
Merit: 1000
Etherscan.io
What's the point of sweeping it out of the individual deposit account though? I don't really get that.

Suppose five people each deposit one XCP, then one person buys all five XCP and attempts to withdraw them. All the XCP need to be in one account so people who withdraw without depositing can get them.

About the withdrawal fee, it is definitely higher than all the others. The others are supposed to be just TX fees, but the XCP has to cover some hidden costs. Once we see what price XCP settles on initially, I'll adjust it accordingly. I have no intention of profiting off of withdrawal fees.


Many successful deposits went through, and although only one person made a withdrawal, it was also successful (in addition to my many withdrawal tests). So we're launching! BTC/XCP market now live: https://www.poloniex.com/exchange/btc_xcp

Have we decided on a logo yet?

Are the deposits working? I did a test deposit and it does not look they are getting credit to the account although they already show on the blockchain
hero member
Activity: 666
Merit: 500
error while starting counterpartyd server
v0.5
bitcoin 0.8.6

  File "C:\counterpartyd_build\dist\counterpartyd\lib\util.py", line 280, in versions_ch
eck
lib.exceptions.DatabaseVersionError: Unable to check client, database versions. How’s yo
ur Internet access?

internet access is ok
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
spartan HODDDLLL

k, what do we have to do next to get on coincap
newbie
Activity: 37
Merit: 0
legendary
Activity: 876
Merit: 1000
Etherscan.io
We can use the reddit logo for now (since that at least has some public exposure) and decide on an official logo later.



A suggestion was made on this thread to possibly get a logo design competition running on 99designs.com. We definitely need something professionally done.

https://forums.counterparty.co/index.php/topic,28.15.html

Logo looks good, in my opinion. We should use this
sr. member
Activity: 602
Merit: 252
0.15 BTC price has been sniped  Cry

I just missed it. My deposit got more than 6 confirmations, but no balances show right now. A bug? Anyone else got the same issue?
sr. member
Activity: 602
Merit: 252
Just wait, takes some confirmations.

6 confirmations passed!!!

8 confirmations now!
sr. member
Activity: 364
Merit: 264
Just wait, takes some confirmations.
sr. member
Activity: 602
Merit: 252
What's the point of sweeping it out of the individual deposit account though? I don't really get that.

Suppose five people each deposit one XCP, then one person buys all five XCP and attempts to withdraw them. All the XCP need to be in one account so people who withdraw without depositing can get them.

About the withdrawal fee, it is definitely higher than all the others. The others are supposed to be just TX fees, but the XCP has to cover some hidden costs. Once we see what price XCP settles on initially, I'll adjust it accordingly. I have no intention of profiting off of withdrawal fees.


Many successful deposits went through, and although only one person made a withdrawal, it was also successful (in addition to my many withdrawal tests). So we're launching! BTC/XCP market now live: https://www.poloniex.com/exchange/btc_xcp

Have we decided on a logo yet?

Great, let's trade there.

@busoni, how many confirmations does it need to deposit XCP? Deposited and got 1 confirmation, why no balances display?

busoni, I have sent you a PM, why my deposit not show on my balances?

8 confirmations now.

I got them now finally, still long delay.
sr. member
Activity: 364
Merit: 264
We can use the reddit logo for now (since that at least has some public exposure) and decide on an official logo later.



A suggestion was made on this thread to possibly get a logo design competition running on 99designs.com. We definitely need something professionally done.

https://forums.counterparty.co/index.php/topic,28.15.html
newbie
Activity: 37
Merit: 0
sr. member
Activity: 462
Merit: 250
Have we decided on a logo yet?

Believe most are a fan of one of these



I beg to differ.

This is not professionnal looking, and IMHO not balanced. I prefer the one on the top left here (with other colors) http://www.reddit.com/r/xcp

+1

Like the one from reddit.
hero member
Activity: 672
Merit: 500
Have we decided on a logo yet?

Believe most are a fan of one of these



I beg to differ.

This is not professionnal looking, and IMHO not balanced. I prefer the one on the top left here (with other colors) http://www.reddit.com/r/xcp
sr. member
Activity: 602
Merit: 252
What's the point of sweeping it out of the individual deposit account though? I don't really get that.

Suppose five people each deposit one XCP, then one person buys all five XCP and attempts to withdraw them. All the XCP need to be in one account so people who withdraw without depositing can get them.

About the withdrawal fee, it is definitely higher than all the others. The others are supposed to be just TX fees, but the XCP has to cover some hidden costs. Once we see what price XCP settles on initially, I'll adjust it accordingly. I have no intention of profiting off of withdrawal fees.


Many successful deposits went through, and although only one person made a withdrawal, it was also successful (in addition to my many withdrawal tests). So we're launching! BTC/XCP market now live: https://www.poloniex.com/exchange/btc_xcp

Have we decided on a logo yet?

Great, let's trade there.

@busoni, how many confirmations does it need to deposit XCP? Deposited and got 1 confirmation, why no balances display?
hero member
Activity: 588
Merit: 504
Have we decided on a logo yet?

Believe most are a fan of one of these

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