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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 543. (Read 1276933 times)

hero member
Activity: 588
Merit: 504
Blockscan.com: I think you're missing the point when you refer to XCP as a "Distributed Exchange" instead of a "Decentralized Exchange"

A distributed exchange is easy and no big deal.

A _decentralised_ exchange, however, is groundbreaking.
Can you elaborate on the difference?

something like AWS is distributed, but not decentralised. You could have many nodes/participants but all under ownership or control of a central authority. With something like XCP, this control is in the hands of multiple, unrelated parties. ie no single entity can be targetted as a weak link point of failure (at least that's my intepretation)
hero member
Activity: 640
Merit: 500
Archduke of Criptoaerica, vassal of WallStreetCafe
After i put an order i get this:

Code:
raise exceptions.BitcoindError('{}'.format(response_json['error']))
lib.exceptions.BitcoindError: {'code': -22, 'message': 'TX rejected'}
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
Attention: I'm removing the asset name checksum in the next commit to develop.

What is this and why are you removing it?

Also, what happens to the 5 XCM fee you pay when you issue an asset?

It's a character that for the past week has been appended to all asset names to catch common typos. It's counter-intuitive and unnecessary, mostly.

That's still there.
legendary
Activity: 861
Merit: 1010
Blockscan.com: I think you're missing the point when you refer to XCP as a "Distributed Exchange" instead of a "Decentralized Exchange"

A distributed exchange is easy and no big deal.

A _decentralised_ exchange, however, is groundbreaking.
Can you elaborate on the difference?
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
In my mind, I like to compare XCP and MSC as Linux and M$ (with the broken IE), and http://blog.mastercoin.org/2014/02/06/we-are-hiring-developers-developers-developers/ has just confirmed half of it
sr. member
Activity: 602
Merit: 252
How do I set up my BTC wallet to trade on the DEX.

I would appreciate it if someone could explain it in a way a non techie could understand.


I apologize if this has been posted already.


Regards

I have a tutorial (non-tech guy) in Chinese w/ pictures here: https://forums.counterparty.co/index.php/topic,48.0.html

You can use goolge translation to go through. If there is large demand of this kind of tutorial, I can translate it in English.

Reading the translated version in Chrome has resulted in a slight migraine. Can you please translate it into english ? If I get it to work I will make a screen recording video tutorial.

I have done the translation. Hope it helps. https://bitcointalksearch.org/topic/how-to-install-use-counterpartyxcp-client-hand-by-hand-w-pictures-451908
legendary
Activity: 1232
Merit: 1001
Attention: I'm removing the asset name checksum in the next commit to develop.

What is this and why are you removing it?

Also, what happens to the 5 XCM fee you pay when you issue an asset?
full member
Activity: 238
Merit: 100
Attention: I'm removing the asset name checksum in the next commit to develop.

Hey PhantomPhreak how'd you feel about a phone interview so I can write an article and also make a youtube video advertising the project ? Or maybe a Skype interview ? I have all the necessary equipment and media outlets to make some serious content shine!  Cool

PhantomPhreak and team is Satoshi 2.0  Smiley
hero member
Activity: 561
Merit: 500
Institute of Advance Blockchain Research
I'm so surprised at how little reactions I get when I talk about a functioning Dex (although in alpha) being in place, wether it be on Reddit or diverse chats of the crypto community.

I'm amazed at how little knowledge of the overall cryptos most "traders" have so far.

I guess they'll finally take a look when if it's worth thousands or millions in a few months.

Actually, it shouldn't come as a surprise.

Parts of the cryptocommunity is fixed on

BTCitcoin being an online currency & NOT

BTCitcoin being a Protocol


It's my understanding that bitcoin is still highly
technical for some people to grasp the full potential
of this young emerging & disruptive innovation.

if some people can barely wrap their minds
around how bitcoin can be used as a currency

Than, how does someone expect one to understand
bitcoin being the Protocol which was given as a platform
to build upon.

BTCitcoin 2.0 "Setting the Standards for future Bets & Trades"

Wall Street will be arriving soon http://entrepreneur.com/article/230346

Now It's only a matter of time.
legendary
Activity: 1232
Merit: 1001
Blockscan.com: I think you're missing the point when you refer to XCP as a "Distributed Exchange" instead of a "Decentralized Exchange"

A distributed exchange is easy and no big deal.

A _decentralised_ exchange, however, is groundbreaking.
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
I just found a bad (and silly) bug in the order/bet matching code that was indeed preventing counterpartyd from sorting things properly. I've just update the code to sort the right way from block 284500 on, so this change will be backwards-compatible. However, you must update your clients now. The change has been pushed to both branches.
legendary
Activity: 876
Merit: 1000
Etherscan.io

When two orders at different prices are matched, the final price is always that of the earlier order. (It's the same with bets and odds.)

Noted. Tq. I was looking at the data in the order_matches table and it looked as if the higher price was matching (later order) but I might have been mistaken
full member
Activity: 216
Merit: 100
Attention: I'm removing the asset name checksum in the next commit to develop.

Hey PhantomPhreak how'd you feel about a phone interview so I can write an article and also make a youtube video advertising the project ? Or maybe a Skype interview ? I have all the necessary equipment and media outlets to make some serious content shine!  Cool

Sorry, but that's not very likely to happen.

At least for now, the Counterparty team will only do written interviews. If you would like to set something up, please PM one of us (xnova, PhantomPhreak, or me).
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
I am confused. Does the exchange ensures the lowest asks will be filled first? If not, it's quite counter-intuitive. Previously, dgex, the Nxt exchange also did not ensure this and it's quite easy for people to manipulate the price.

counterpartyd matches orders based on the best available price, yes, if the fee conditions are satisfied.
Then may I ask how come the price listed in blockscan as others pointed out can be matched? Is it a bug, or just there were no better price? Thanks a lot.

Actually what I noticed is that you can technically "overpay" for an existing order if I am not mistaken. So this would mean that when an order is matched, the matched prices would not necessarily be the same the order requested price. Most of the times this would not be an issue as both prices would be the same.

I am not entirely sure which price to display at blockscan so at the moment I am sticking to ask order price and not the actual (possibly overpaid) price paid. I am waiting this out till the official web gui comes out and then will standardize the prices and other variables

Cheers

When two orders at different prices are matched, the final price is always that of the earlier order. (It's the same with bets and odds.)
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
Attention: I'm removing the asset name checksum in the next commit to develop.

Hey PhantomPhreak how'd you feel about a phone interview so I can write an article and also make a youtube video advertising the project ? Or maybe a Skype interview ? I have all the necessary equipment and media outlets to make some serious content shine!  Cool

Sorry, but that's not very likely to happen.
legendary
Activity: 876
Merit: 1000
Etherscan.io
I am confused. Does the exchange ensures the lowest asks will be filled first? If not, it's quite counter-intuitive. Previously, dgex, the Nxt exchange also did not ensure this and it's quite easy for people to manipulate the price.

counterpartyd matches orders based on the best available price, yes, if the fee conditions are satisfied.
Then may I ask how come the price listed in blockscan as others pointed out can be matched? Is it a bug, or just there were no better price? Thanks a lot.

Actually what I noticed is that you can technically "overpay" for an existing order if I am not mistaken. So this would mean that when an order is matched, the matched prices would not necessarily be the same the order requested price. Most of the times this would not be an issue as both prices would be the same.

I am not entirely sure which price to display at blockscan so at the moment I am sticking to ask order price and not the actual (possibly overpaid) price paid. I am waiting this out till the official web gui comes out and then will standardize the prices and other variables

Cheers
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
Heads up, I see some more invalid order matches:

3288   284402   1AQPf7f3y37NN9XsYkfGGALHQiW1ig3MXb   2014-02-06 05:29:18   023d390307488909fc6b05a37a3335...   Invalid: invalid order match ID, 023d390307488909f...
3286   284391   1JUXwDjh21yLkUhKNdggenexZK8XpeXTRx   2014-02-06 04:26:13   023d390307488909fc6b05a37a3335...   Invalid: invalid order match ID, 023d390307488909f...
3285   284390   1CJTDpHBvcQw4e7FCKzkT9j62PuXegWdYN   2014-02-06 04:14:45   023d390307488909fc6b05a37a3335...   Invalid: invalid order match ID, 023d390307488909f...
3282   284386   1CJTDpHBvcQw4e7FCKzkT9j62PuXegWdYN   2014-02-06 04:26:07   023d390307488909fc6b05a37a3335...   Invalid: invalid order match ID, 023d390307488909f...

Someone needs to update their client?

Holy crap, that's me! Well, 1JUXwDjh21yLkUhKNdggenexZK8XpeXTRx and 1CJTDpHBvcQw4e7FCKzkT9j62PuXegWdYN at least. Wish I'd seen this thread earlier :-(

Already posted about this here:
https://bitcointalk.org/index.php?topic=406408.20
And here:
https://forums.counterparty.co/index.php/topic,2.0.html

I thought I was up to date. I cloned from master yesterday. Did a git pull from ~/counterpartyd today, but forgot to also run git pull in ~/counterpartyd/dist/counterpartyd , which I'm guessing is what has bitten me.

Would you do another test purchase now, so that I can be absolutely sure that the problem has in fact been fixed for you? As stated, the devs will compensate you for the BTC you send in those transactions.
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
How do I set up my BTC wallet to trade on the DEX.

I would appreciate it if someone could explain it in a way a non techie could understand.


I apologize if this has been posted already.


Regards

I have a tutorial (non-tech guy) in Chinese w/ pictures here: https://forums.counterparty.co/index.php/topic,48.0.html

You can use goolge translation to go through. If there is large demand of this kind of tutorial, I can translate it in English.

Reading the translated version in Chrome has resulted in a slight migraine. Can you please translate it into english ? If I get it to work I will make a screen recording video tutorial.
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
Attention: I'm removing the asset name checksum in the next commit to develop.

Hey PhantomPhreak how'd you feel about a phone interview so I can write an article and also make a youtube video advertising the project ? Or maybe a Skype interview ? I have all the necessary equipment and media outlets to make some serious content shine!  Cool
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
Attention: I'm removing the asset name checksum in the next commit to develop.
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