Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 57. (Read 1276786 times)
March 17, 2016, 07:58:25 PM
I didn't know you can write smart contracts for ETH and they will also now run on XCP/Bitcoin's network. That's pretty massive in my opinion.
March 17, 2016, 07:15:39 PM
i send xcp from bittrex to polo not receive until now 
March 17, 2016, 06:32:48 PM
Im really happy about this, darkclam (right now is a counterparty asset) is going to be something similar on the clam chain we have a while on it but when i read this on twitter i knew its something really good, its how it was meant to be.
March 17, 2016, 04:26:39 PM
Blockchains can do much more than just payments. One interesting observation is, in our quest to make the Bitcoin blockchain do more than remittances, we have to abandon BTC as the unit of account. Take colored coins, Counterparty, Ethereum, or sidechains for instance. None of these systems uses actual BTC as the unit of account. Not even sidechains will use the BTC unit of account. Instead they have to invent a brand new way to lock up the BTC unit of account and release an alternate unit of account that isn't as limited.
And if you believe the Bitcoin blockchain is the strongest chain, but aren't comfortable with hard forking Ethereum into Bitcoin Core, (never gonna happen) then systems like Counterparty are a valid approach.
So we have a system which is entirely compatible with what is arguably Ethereums biggest selling points (turing complete dApps/smart contracts) with the real negative of slower block times but the real positive of a stronger, battle tested chain with a comparatively long established ecosystem.
And yet..
CounterParty current market cap: $2.70 Million
Ethereum current market cap: $1.37 Billion
Ethereum is worth 378 times as much as CounterParty, ($1.35 Billion more!) Personally I think that disparity is too large to remain forever. XCP is valued around 10 times less than of it's ATH. If Ethereums vision of programmable money in the form of smart contracts takes off, then we will have a wealth of code ready to be ported across to run on bitcoin blockchain too.
The only choice to run them on the bitcoin blockchain is Counterparty. CounterPartys gas costs are deductible in XCP which is removed from supply upon contract execution, rewarding XCP holders. XCP is also deflationary due to being debited when registering 'premium' alphanumeric asset names, and so far near 50k assets have been brought out of nearly 500k total transactions. With a fairly limited total supply (2.6MM) of coin, and a new well-funded fintech offshoot in the form of Symbiont incorporating CounterParty in their stack an uptrack in asset registration and usage of smart contracting when the feature is greenlighted on main-net could feasibly raise the price up an order of magnitude back to previous heights, at least.
And if you believe the Bitcoin blockchain is the strongest chain, but aren't comfortable with hard forking Ethereum into Bitcoin Core, (never gonna happen) then systems like Counterparty are a valid approach.
Quote
"My personal opinion is that XCP-style meta-consensus systems are the next generation from here, at least as far as Bitcoin-based protocols are concerned". -- Vitalik Buterin, Ethereum lead dev
Quote
"So, Counterparty sucks because it is too powerful?
I was involved in the colored coins project for a few months before I moved to my position that XCP-style systems are strictly superior to CC in basically every possible way (and moved to Ethereum full-time, but I will say that Ethereum is not superior to CC in every possible way because it is not directly based on Bitcoin so doesn't have as nice interoperability properties" -- Vitalik Buterin, Ethereum lead dev
I was involved in the colored coins project for a few months before I moved to my position that XCP-style systems are strictly superior to CC in basically every possible way (and moved to Ethereum full-time, but I will say that Ethereum is not superior to CC in every possible way because it is not directly based on Bitcoin so doesn't have as nice interoperability properties" -- Vitalik Buterin, Ethereum lead dev
Quote
Our compatibility with Ethereum smart contracts is at the virtual machine level, so it doesn't matter what language (Serpent, Solidity, LLL, etc.), you write the contracts in---they'll run on both Counterparty and Ethereum the same. Between the Counterparty and the Ethereum communities, we'll figure out what languages we want to write contracts in and develop those. -- Adam Krellenstein, Counterparty lead dev
So we have a system which is entirely compatible with what is arguably Ethereums biggest selling points (turing complete dApps/smart contracts) with the real negative of slower block times but the real positive of a stronger, battle tested chain with a comparatively long established ecosystem.
And yet..
CounterParty current market cap: $2.70 Million
Ethereum current market cap: $1.37 Billion
Ethereum is worth 378 times as much as CounterParty, ($1.35 Billion more!) Personally I think that disparity is too large to remain forever. XCP is valued around 10 times less than of it's ATH. If Ethereums vision of programmable money in the form of smart contracts takes off, then we will have a wealth of code ready to be ported across to run on bitcoin blockchain too.
The only choice to run them on the bitcoin blockchain is Counterparty. CounterPartys gas costs are deductible in XCP which is removed from supply upon contract execution, rewarding XCP holders. XCP is also deflationary due to being debited when registering 'premium' alphanumeric asset names, and so far near 50k assets have been brought out of nearly 500k total transactions. With a fairly limited total supply (2.6MM) of coin, and a new well-funded fintech offshoot in the form of Symbiont incorporating CounterParty in their stack an uptrack in asset registration and usage of smart contracting when the feature is greenlighted on main-net could feasibly raise the price up an order of magnitude back to previous heights, at least.
March 17, 2016, 04:19:28 PM
All assets must be owner verified on https://counterpartychain.io
March 17, 2016, 04:17:13 PM
Nice Leak.
When it will be official presented, then the price will real erupt and will double 10 times imo.
March 17, 2016, 04:08:49 PM
Finally! Can't wait to see some awesome Dapps on the Bitcoin blockchain soon!
Hoping Dogeparty will have the same features soon as well. Fast blocktimes are better for certain types of contracts.
Hoping Dogeparty will have the same features soon as well. Fast blocktimes are better for certain types of contracts.
March 17, 2016, 04:08:34 PM
March 17, 2016, 03:48:55 PM
Can't believe people are ready to sell at this rate...its simply accumulation going on by whales before the price shoots northward
What price do you expect in the next days?
Or in the next weeks?
On poloniex are building BIG buy walls atm from 67 to 60.
With the news that broke about the stuffs XCP devs were building, i feel it would easily cross the current ETH market price.
Talking in terms of USD its should be able to go beyond $8 - $10
So you think it can go to a 900 million dollar market cap?
Then 1 coin would be 342$ Dollar Worth.
Well sky is the limit my friend, never forget even bitcoins were being sold at the rate of peanuts .. and look where it is now
March 17, 2016, 03:42:27 PM
Can't believe people are ready to sell at this rate...its simply accumulation going on by whales before the price shoots northward
What price do you expect in the next days?
Or in the next weeks?
On poloniex are building BIG buy walls atm from 67 to 60.
With the news that broke about the stuffs XCP devs were building, i feel it would easily cross the current ETH market price.
Talking in terms of USD its should be able to go beyond $8 - $10
So you think it can go to a 900 million dollar market cap?
Then 1 coin would be 342$ Dollar Worth.
March 17, 2016, 03:39:40 PM
Can't believe people are ready to sell at this rate...its simply accumulation going on by whales before the price shoots northward
What price do you expect in the next days?
Or in the next weeks?
On poloniex are building BIG buy walls atm from 67 to 60.
With the news that broke about the stuffs XCP devs were building, i feel it would easily cross the current ETH market price.
Talking in terms of USD its should be able to go beyond $8 - $10
March 17, 2016, 03:34:53 PM
Can't believe people are ready to sell at this rate...its simply accumulation going on by whales before the price shoots northward
What price do you expect in the next days?
Or in the next weeks?
On poloniex are building BIG buy walls atm from 67 to 60.
March 17, 2016, 03:26:27 PM
Can't believe people are ready to sell at this rate...its simply accumulation going on by whales before the price shoots northward
March 17, 2016, 03:23:23 PM
Quote
XCP sell orders at exchanges: Poloniex ~ 80,000 and Bittrex around 3300.
So total coins up for grabs is just about 84,000
Compare this to the available supply of ETH, so easy guess where this one is heading Roll Eyes
So total coins up for grabs is just about 84,000
Compare this to the available supply of ETH, so easy guess where this one is heading Roll Eyes
Course counterparty would have to be positioned with just so 0.2BTC
March 17, 2016, 02:43:12 PM
Quote
Wow...finally this coin is reaching its true potential
Still a long way away from what it should be worth...but atleast it has got a move on Cheesy
Still a long way away from what it should be worth...but atleast it has got a move on Cheesy
http://thebitcoinnews.com/counterparty-brings-ethereum-smart-contracts-to-bitcoin-blockchain/
Yes, i caught the news at http://www.bitcoinerrorlog.com/2016/03/17/counterparty-eats-ethereums-lunch-xcp-moons-eth-goes-bearish/
so Chris Derose confirms now. this is fun no matter where it ends
So its official, that Counterparty destroyed right now ETH?
THats crazy. ETH will go under 100 million dollar.
March 17, 2016, 02:35:24 PM
https://news.bitcoin.com/counterparty-supports-segwit-adds-blocktrail-cto-team/
Counterparty Supports SegWit, Adds BlockTrail CTO to Team
Counterparty Supports SegWit, Adds BlockTrail CTO to Team
Sounds good. SegWit is a good thing. Lightning Network not but segwit is. Because it can lower the amount of space needed by percent. If it manages to half the space needed for the same amount of transactions (which is rather an overexaggeration) in a 1MB block then it would allow double the amount of transactions in a 50MB block too. So it is a good thing for the future of bitcoin.
March 17, 2016, 02:25:40 PM
XCP sell orders at exchanges: Poloniex ~ 80,000 and Bittrex around 3300.
So total coins up for grabs is just about 84,000
Compare this to the available supply of ETH, so easy guess where this one is heading
So total coins up for grabs is just about 84,000
Compare this to the available supply of ETH, so easy guess where this one is heading
March 17, 2016, 02:15:33 PM
Quote
Wow...finally this coin is reaching its true potential
Still a long way away from what it should be worth...but atleast it has got a move on Cheesy
Still a long way away from what it should be worth...but atleast it has got a move on Cheesy
http://thebitcoinnews.com/counterparty-brings-ethereum-smart-contracts-to-bitcoin-blockchain/
Yes, i caught the news at http://www.bitcoinerrorlog.com/2016/03/17/counterparty-eats-ethereums-lunch-xcp-moons-eth-goes-bearish/
so Chris Derose confirms now. this is fun no matter where it ends
March 17, 2016, 02:07:39 PM
For reference, since newsBTC article has been removed,
Google cache of http://www.newsbtc.com/2016/03/17/counterparty-brings-ethereum-smart-contracts-bitcoin-blockchain/ :
Google cache of http://www.newsbtc.com/2016/03/17/counterparty-brings-ethereum-smart-contracts-bitcoin-blockchain/ :
Quote
Counterparty Brings Ethereum Smart Contracts To Bitcoin Blockchain
Posted on 11:00 am March 17, 2016 Author JP BuntinxCategories Bitcoin, News
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative - a port of the Ethereum Virtual machine code and modified to use the Bitcoin blockchain - was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to Bitcoin back in 2014. After perfecting this functionality on the Counterparty testnet for quite some time, the team will be launching this Ethereum Virtual Machine to the mainnet today.
Also read: Lisk Raises Over 1.9 Million USD – Establishes Partnerships With Microsoft Azure and IoT Research Lab Chain of Things
Counterparty Explores Ethereum Virtual Machine on Testnet
To get people more excited about this announcement, it is time to take a look at what Counterparty has been trying to accomplish over the past 15 months. Keeping in mind how Counterparty was designed to extend the Bitcoin protocol by focusing on peer-to-peer finance on the blockchain, it only makes sense the team focuses their attention on Ethereum smart contracts as well.
However, there was a glass ceiling for this functionality, as the smart contracts had to be hard-coded into the protocol reference client, which is the same limitation Bitcoin has been facing for this technology since day one. Writing smart contracts which can be executed whenever wanted or needed is the ultimate goal, but until the Ethereum Virtual Machine came along, that was almost impossible to achieve.
On the technical side of Ethereum, there is a significant focus on automating smart contracts, which remove the need for human interaction to verify the outcome of agreements. No hard coding is necessary, as there is a virtual machine at the disposal of users to create new contracts. Having that type of functionality in the Bitcoin ecosystem would be a significant step forward to make the leading digital currency more legitimate.
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative – a port of the Ethereum Virtual machine system and modified to use the Bitcoin blockchain – was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
One of the biggest challenges was making sure Counterparty was compatible with the Ethereum contract language, although the team managed to pass that test with flying colors. Some minor incompatibilities were identified, but after months of hard work, everything has been ironed out.
Mainnet Deployment Is Big News For Bitcoin
Now that Counterparty is ready to launch their smart contract solution for Bitcoin on the mainnet, things will get absorbing for all parties involved. Bitcoin will gain additional practical use case value, as individuals and companies will be able to create automated smart contracts without resorting to an alternative digital currency or blockchain. XCP will get a lot of positive attention too, as they become the world’s first fully-distributed platform for smart contracts.
All in all, smart contracts are a significant development for the digital currency ecosystem in general, as it shows the world why this technology and these protocols are so valuable. Counterparty Contracts will go a long way in this regard, as it is an open platform approachable by anyone in the world, regardless of technical expertise. Quick and convenient deployment of smart contracts on the Bitcoin blockchain is a significant step forward to make Bitcoin more legitimate in the eyes of businesses and consumers.
Source: News tip via email
NewsBTC has contacted the developers for comments. This article is awaiting moderation.
Published by
JP Buntinx
JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard. View all posts by JP Buntinx
Posted on 11:00 am March 17, 2016 Author JP BuntinxCategories Bitcoin, News
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative - a port of the Ethereum Virtual machine code and modified to use the Bitcoin blockchain - was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to Bitcoin back in 2014. After perfecting this functionality on the Counterparty testnet for quite some time, the team will be launching this Ethereum Virtual Machine to the mainnet today.
Also read: Lisk Raises Over 1.9 Million USD – Establishes Partnerships With Microsoft Azure and IoT Research Lab Chain of Things
Counterparty Explores Ethereum Virtual Machine on Testnet
To get people more excited about this announcement, it is time to take a look at what Counterparty has been trying to accomplish over the past 15 months. Keeping in mind how Counterparty was designed to extend the Bitcoin protocol by focusing on peer-to-peer finance on the blockchain, it only makes sense the team focuses their attention on Ethereum smart contracts as well.
However, there was a glass ceiling for this functionality, as the smart contracts had to be hard-coded into the protocol reference client, which is the same limitation Bitcoin has been facing for this technology since day one. Writing smart contracts which can be executed whenever wanted or needed is the ultimate goal, but until the Ethereum Virtual Machine came along, that was almost impossible to achieve.
On the technical side of Ethereum, there is a significant focus on automating smart contracts, which remove the need for human interaction to verify the outcome of agreements. No hard coding is necessary, as there is a virtual machine at the disposal of users to create new contracts. Having that type of functionality in the Bitcoin ecosystem would be a significant step forward to make the leading digital currency more legitimate.
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative – a port of the Ethereum Virtual machine system and modified to use the Bitcoin blockchain – was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
One of the biggest challenges was making sure Counterparty was compatible with the Ethereum contract language, although the team managed to pass that test with flying colors. Some minor incompatibilities were identified, but after months of hard work, everything has been ironed out.
Mainnet Deployment Is Big News For Bitcoin
Now that Counterparty is ready to launch their smart contract solution for Bitcoin on the mainnet, things will get absorbing for all parties involved. Bitcoin will gain additional practical use case value, as individuals and companies will be able to create automated smart contracts without resorting to an alternative digital currency or blockchain. XCP will get a lot of positive attention too, as they become the world’s first fully-distributed platform for smart contracts.
All in all, smart contracts are a significant development for the digital currency ecosystem in general, as it shows the world why this technology and these protocols are so valuable. Counterparty Contracts will go a long way in this regard, as it is an open platform approachable by anyone in the world, regardless of technical expertise. Quick and convenient deployment of smart contracts on the Bitcoin blockchain is a significant step forward to make Bitcoin more legitimate in the eyes of businesses and consumers.
Source: News tip via email
NewsBTC has contacted the developers for comments. This article is awaiting moderation.
Published by
JP Buntinx
JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard. View all posts by JP Buntinx
Oh my my, well and truly XCP goes beyond the moon now...rockets are being fuelled...soon it will be time for LIFT OFF!!!
March 17, 2016, 02:00:58 PM
For reference, since newsBTC article has been removed,
Google cache of http://www.newsbtc.com/2016/03/17/counterparty-brings-ethereum-smart-contracts-bitcoin-blockchain/ :
Google cache of http://www.newsbtc.com/2016/03/17/counterparty-brings-ethereum-smart-contracts-bitcoin-blockchain/ :
Quote
Counterparty Brings Ethereum Smart Contracts To Bitcoin Blockchain
Posted on 11:00 am March 17, 2016 Author JP BuntinxCategories Bitcoin, News
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative - a port of the Ethereum Virtual machine code and modified to use the Bitcoin blockchain - was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to Bitcoin back in 2014. After perfecting this functionality on the Counterparty testnet for quite some time, the team will be launching this Ethereum Virtual Machine to the mainnet today.
Also read: Lisk Raises Over 1.9 Million USD – Establishes Partnerships With Microsoft Azure and IoT Research Lab Chain of Things
Counterparty Explores Ethereum Virtual Machine on Testnet
To get people more excited about this announcement, it is time to take a look at what Counterparty has been trying to accomplish over the past 15 months. Keeping in mind how Counterparty was designed to extend the Bitcoin protocol by focusing on peer-to-peer finance on the blockchain, it only makes sense the team focuses their attention on Ethereum smart contracts as well.
However, there was a glass ceiling for this functionality, as the smart contracts had to be hard-coded into the protocol reference client, which is the same limitation Bitcoin has been facing for this technology since day one. Writing smart contracts which can be executed whenever wanted or needed is the ultimate goal, but until the Ethereum Virtual Machine came along, that was almost impossible to achieve.
On the technical side of Ethereum, there is a significant focus on automating smart contracts, which remove the need for human interaction to verify the outcome of agreements. No hard coding is necessary, as there is a virtual machine at the disposal of users to create new contracts. Having that type of functionality in the Bitcoin ecosystem would be a significant step forward to make the leading digital currency more legitimate.
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative – a port of the Ethereum Virtual machine system and modified to use the Bitcoin blockchain – was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
One of the biggest challenges was making sure Counterparty was compatible with the Ethereum contract language, although the team managed to pass that test with flying colors. Some minor incompatibilities were identified, but after months of hard work, everything has been ironed out.
Mainnet Deployment Is Big News For Bitcoin
Now that Counterparty is ready to launch their smart contract solution for Bitcoin on the mainnet, things will get absorbing for all parties involved. Bitcoin will gain additional practical use case value, as individuals and companies will be able to create automated smart contracts without resorting to an alternative digital currency or blockchain. XCP will get a lot of positive attention too, as they become the world’s first fully-distributed platform for smart contracts.
All in all, smart contracts are a significant development for the digital currency ecosystem in general, as it shows the world why this technology and these protocols are so valuable. Counterparty Contracts will go a long way in this regard, as it is an open platform approachable by anyone in the world, regardless of technical expertise. Quick and convenient deployment of smart contracts on the Bitcoin blockchain is a significant step forward to make Bitcoin more legitimate in the eyes of businesses and consumers.
Source: News tip via email
NewsBTC has contacted the developers for comments. This article is awaiting moderation.
Published by
JP Buntinx
JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard. View all posts by JP Buntinx
Posted on 11:00 am March 17, 2016 Author JP BuntinxCategories Bitcoin, News
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative - a port of the Ethereum Virtual machine code and modified to use the Bitcoin blockchain - was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to Bitcoin back in 2014. After perfecting this functionality on the Counterparty testnet for quite some time, the team will be launching this Ethereum Virtual Machine to the mainnet today.
Also read: Lisk Raises Over 1.9 Million USD – Establishes Partnerships With Microsoft Azure and IoT Research Lab Chain of Things
Counterparty Explores Ethereum Virtual Machine on Testnet
To get people more excited about this announcement, it is time to take a look at what Counterparty has been trying to accomplish over the past 15 months. Keeping in mind how Counterparty was designed to extend the Bitcoin protocol by focusing on peer-to-peer finance on the blockchain, it only makes sense the team focuses their attention on Ethereum smart contracts as well.
However, there was a glass ceiling for this functionality, as the smart contracts had to be hard-coded into the protocol reference client, which is the same limitation Bitcoin has been facing for this technology since day one. Writing smart contracts which can be executed whenever wanted or needed is the ultimate goal, but until the Ethereum Virtual Machine came along, that was almost impossible to achieve.
On the technical side of Ethereum, there is a significant focus on automating smart contracts, which remove the need for human interaction to verify the outcome of agreements. No hard coding is necessary, as there is a virtual machine at the disposal of users to create new contracts. Having that type of functionality in the Bitcoin ecosystem would be a significant step forward to make the leading digital currency more legitimate.
In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative – a port of the Ethereum Virtual machine system and modified to use the Bitcoin blockchain – was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.
One of the biggest challenges was making sure Counterparty was compatible with the Ethereum contract language, although the team managed to pass that test with flying colors. Some minor incompatibilities were identified, but after months of hard work, everything has been ironed out.
Mainnet Deployment Is Big News For Bitcoin
Now that Counterparty is ready to launch their smart contract solution for Bitcoin on the mainnet, things will get absorbing for all parties involved. Bitcoin will gain additional practical use case value, as individuals and companies will be able to create automated smart contracts without resorting to an alternative digital currency or blockchain. XCP will get a lot of positive attention too, as they become the world’s first fully-distributed platform for smart contracts.
All in all, smart contracts are a significant development for the digital currency ecosystem in general, as it shows the world why this technology and these protocols are so valuable. Counterparty Contracts will go a long way in this regard, as it is an open platform approachable by anyone in the world, regardless of technical expertise. Quick and convenient deployment of smart contracts on the Bitcoin blockchain is a significant step forward to make Bitcoin more legitimate in the eyes of businesses and consumers.
Source: News tip via email
NewsBTC has contacted the developers for comments. This article is awaiting moderation.
Published by
JP Buntinx
JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard. View all posts by JP Buntinx
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