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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 575. (Read 1276981 times)

full member
Activity: 127
Merit: 100
Money be green
is there a step by step for dummies how to burn a btc ?
or is it too late?


See here - http://counterpartyd-build.readthedocs.org/en/latest/HowToBurn.html. Just follow the instructions in the "Without using counterpartyd" section.
ok , i have successfully burned a btc , how do I get the XCP's now ?

They'll be credited to the same Bitcoin address from which you burned. Just check http://www.blockscan.com/. If its not there right away just give it a few hours.
sr. member
Activity: 491
Merit: 250
S P 8 D E
is there a step by step for dummies how to burn a btc ?
or is it too late?


See here - http://counterpartyd-build.readthedocs.org/en/latest/HowToBurn.html. Just follow the instructions in the "Without using counterpartyd" section.
ok , i have successfully burned a btc , how do I get the XCP's now ?
sr. member
Activity: 462
Merit: 250
Is anyone else confused about this address - http://www.blockscan.com/address.aspx?q=1FCkCQCnEtHQ3j7NqdkAnkqQUvqfti4XoA? I fail to see the transactions required to achieve it's balance.

Edit: I can understand this a bit more after checking this transaction on Blockchain.info - https://blockchain.info/tx/e4c7f4aa3bc124a108227acf510615b2d63a5d73fe6466de5e7aec9ce26760eb. I still don't see how the XCP have been successfully credited to the above address.

Oh wait, I see what you are saying now.  Brain is fried.  Yeah, I don't get it either.

Sure there is a simple explanation, but I haven't touched the software yet so I have no clue how it all works.
sr. member
Activity: 462
Merit: 250
Is anyone else confused about this address - http://www.blockscan.com/address.aspx?q=1FCkCQCnEtHQ3j7NqdkAnkqQUvqfti4XoA? I fail to see the transactions required to achieve it's balance.

Edit: I can understand this a bit more after checking this transaction on Blockchain.info - https://blockchain.info/tx/e4c7f4aa3bc124a108227acf510615b2d63a5d73fe6466de5e7aec9ce26760eb. I still don't see how the XCP have been successfully credited to the above address.

I think dude must be updating blockscan.com or something?  It isn't showing the most recent burns either, so assuming info on the site is inaccurate at the moment.
sr. member
Activity: 491
Merit: 250
S P 8 D E
is there a step by step for dummies how to burn a btc ?
or is it too late?


See here - http://counterpartyd-build.readthedocs.org/en/latest/HowToBurn.html. Just follow the instructions in the "Without using counterpartyd" section.

thanks
full member
Activity: 127
Merit: 100
Money be green
is there a step by step for dummies how to burn a btc ?
or is it too late?


See here - http://counterpartyd-build.readthedocs.org/en/latest/HowToBurn.html. Just follow the instructions in the "Without using counterpartyd" section.
sr. member
Activity: 491
Merit: 250
S P 8 D E
is there a step by step for dummies how to burn a btc ?
or is it too late?

full member
Activity: 127
Merit: 100
Money be green
Is anyone else confused about this address - http://www.blockscan.com/address.aspx?q=1FCkCQCnEtHQ3j7NqdkAnkqQUvqfti4XoA? I fail to see the transactions required to achieve it's balance.

Edit: I can understand this a bit more after checking this transaction on Blockchain.info - https://blockchain.info/tx/e4c7f4aa3bc124a108227acf510615b2d63a5d73fe6466de5e7aec9ce26760eb. I still don't see how the XCP have been successfully credited to the above address.
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
It would be nice to have a simple command to take the other side of bets or orders just by specifying the transaction hash. Otherwise you risk a mistype in this long command.

something like counterpartyd hit_order or counterpartyd hit_bet

But maybe that's a feature that the GUI should handle, not the protocol itself.

Yes, that would be nice, but I think that I'll put it on the back burner for the CLI. As always, pull requests are welcome!
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
So it looks like even though I set the betting fee for my Super Bowl feed to 0, I still received 0.0001086 BTC from jimhsu's bet transaction.

Is this supposed to happen?

Transaction is here:
https://blockchain.info/tx/c1cfe0315493ac2cd140c2bf17aa8bbcf5cef265c22b6d6c3f453975e7875038

Yes. That amount is in addition to the bet fee, which is paid when the bet is settled, is in XCP, and is proportional to the amount wagered.
legendary
Activity: 1120
Merit: 1000
Where can one buy XCP at this point? "Burning" is no longer an option?
legendary
Activity: 1176
Merit: 1134
I have some press contacts that would be interested in the Counterparty story after the burn period has ended.

With Wwat press story should we lead?
  • Counterparty and the end of Proof of Burn.
  • Counterparty and creating your own currency without mining
  • Counterparty: Satoshi Nakamoto is back with a new shadowy group

I am curious and seeking new ideas from the community.

From a professional standpoint, I like 2. From a "sensationalism sells" standpoint, 3 sells.
XCP is most differentiated by its proof of burn origins. It is the first ever crypto that did this isn't it?

The other things are stuff other crypto can claim and with limited PR ammunition, I would think it best to go with strongest point. Proof of Burn is so radical, just getting that out there should get a lot of coverage.

Once people find out about proof of burn and they want to dig deeper, then all the other stuff can be presented.

James


Yes and thank you. So you're looking at #1. The Proof of Burn idea is the first evert for a project of this size. The Proof of Burn story can have radical perspective and the coverage would be interesting. Yes, the bait will bring more eyes to the project and more work with XCP.

Your thoughts are helping here. Good work.
I have some experience with Market Positioning. I am glad to help! This whole proof of burn is radical for the crypto community, can you imagine what the mainstream press's reaction will be when they find out we burned over $2 million of BTC!? We should get at least that in free press coverage. "$2 million dollars goes up in flames!"

I think there is a chance to get onto mainstream media with this. Just need the right contacts.

XCP, we are so crazy we must be onto something big!

When people realize there is actually a well thought out rationale behind it, they realize XCP creators are a pretty smart bunch of guys. If they are so principled and intelligent, this XCP must be really good. Also, XCP is the FIRST community that actually welcomed me, a clear outsider from a different crypto if you look at my sig.

Presumptive sale! What XCP actually does will go way above most people's heads. I think the important thing to get across is that Proof of Burn serves a very real purpose. It is probably the most fair way to start a crypto. It doesn't even dilute BTC. I think people will understand the philosophical underpinnings of Counterparty.

With over 300 cryptos out there, gotta establish some uniqueness. Dominate that category, get into people minds and never let them forget. That is the key.

emunie and etherium are stumbling out of the gate with their money grabbing tactics and dilutive aspects of their currencies. I dont know much about mastercoin, other than they spend way too much on marketing.

Fairness, openness and the counterparty culture. Make that the story. I suggest to avoid all the comparisons against mastercoin, emunie, etc. Sell them on the culture and XCP wins. The reason is XCP tech must be so good they didn't need the funds to develop it. Investors will figure this out on their own.

2 to 3 month lead on mastercoin, no funny business with allocation of initial funds. I am a bit tired, so I apologize for rambling, but I hope there is enough coherent stuff in my post to be of use.

I am not quite sure how yet, but I have a very strong feeling that NXT and XCP will really help each other out. I did post good things about XCP today on NXT thread and not sure if that caused the doubling of burns today. I would not be surprised at all if a lot of NXT'ers are also XCP'ers.

My assessment is that both NXT and XCP will come out way on top of the other second gen cryptos

James




full member
Activity: 238
Merit: 100
I have some press contacts that would be interested in the Counterparty story after the burn period has ended.

With Wwat press story should we lead?
  • Counterparty and the end of Proof of Burn.
  • Counterparty and creating your own currency without mining
  • Counterparty: Satoshi Nakamoto is back with a new shadowy group

I am curious and seeking new ideas from the community.

From a professional standpoint, I like 2. From a "sensationalism sells" standpoint, 3 sells.
XCP is most differentiated by its proof of burn origins. It is the first ever crypto that did this isn't it?

The other things are stuff other crypto can claim and with limited PR ammunition, I would think it best to go with strongest point. Proof of Burn is so radical, just getting that out there should get a lot of coverage.

Once people find out about proof of burn and they want to dig deeper, then all the other stuff can be presented.

James


Yes and thank you. So you're looking at #1. The Proof of Burn idea is the first evert for a project of this size. The Proof of Burn story can have radical perspective and the coverage would be interesting. Yes, the bait will bring more eyes to the project and more work with XCP.

Your thoughts are helping here. Good work.

Depends on who the audience is, if it is a general audience. Not familiar with Bitcoin, they might not have a clue as to what proof of burn is.
In which case, describing uses cases like -> trading assets (gold, USD) in a decentralized manner and the betting platform might help.
full member
Activity: 219
Merit: 102
I have some press contacts that would be interested in the Counterparty story after the burn period has ended.

With Wwat press story should we lead?
  • Counterparty and the end of Proof of Burn.
  • Counterparty and creating your own currency without mining
  • Counterparty: Satoshi Nakamoto is back with a new shadowy group

I am curious and seeking new ideas from the community.

From a professional standpoint, I like 2. From a "sensationalism sells" standpoint, 3 sells.
XCP is most differentiated by its proof of burn origins. It is the first ever crypto that did this isn't it?

The other things are stuff other crypto can claim and with limited PR ammunition, I would think it best to go with strongest point. Proof of Burn is so radical, just getting that out there should get a lot of coverage.

Once people find out about proof of burn and they want to dig deeper, then all the other stuff can be presented.

James


Yes and thank you. So you're looking at #1. The Proof of Burn idea is the first evert for a project of this size. The Proof of Burn story can have radical perspective and the coverage would be interesting. Yes, the bait will bring more eyes to the project and more work with XCP.

Your thoughts are helping here. Good work.

Small quotes with little humor about Satoshi is allways good Smiley
newbie
Activity: 29
Merit: 0
I have some press contacts that would be interested in the Counterparty story after the burn period has ended.

With Wwat press story should we lead?
  • Counterparty and the end of Proof of Burn.
  • Counterparty and creating your own currency without mining
  • Counterparty: Satoshi Nakamoto is back with a new shadowy group

I am curious and seeking new ideas from the community.

From a professional standpoint, I like 2. From a "sensationalism sells" standpoint, 3 sells.
XCP is most differentiated by its proof of burn origins. It is the first ever crypto that did this isn't it?

The other things are stuff other crypto can claim and with limited PR ammunition, I would think it best to go with strongest point. Proof of Burn is so radical, just getting that out there should get a lot of coverage.

Once people find out about proof of burn and they want to dig deeper, then all the other stuff can be presented.

James


Yes and thank you. So you're looking at #1. The Proof of Burn idea is the first evert for a project of this size. The Proof of Burn story can have radical perspective and the coverage would be interesting. Yes, the bait will bring more eyes to the project and more work with XCP.

Your thoughts are helping here. Good work.
legendary
Activity: 1176
Merit: 1134
I have some press contacts that would be interested in the Counterparty story after the burn period has ended.

With Wwat press story should we lead?
  • Counterparty and the end of Proof of Burn.
  • Counterparty and creating your own currency without mining
  • Counterparty: Satoshi Nakamoto is back with a new shadowy group

I am curious and seeking new ideas from the community.

From a professional standpoint, I like 2. From a "sensationalism sells" standpoint, 3 sells.
XCP is most differentiated by its proof of burn origins. It is the first ever crypto that did this isn't it?

The other things are stuff other crypto can claim and with limited PR ammunition, I would think it best to go with strongest point. Proof of Burn is so radical, just getting that out there should get a lot of coverage.

Once people find out about proof of burn and they want to dig deeper, then all the other stuff can be presented.

James
newbie
Activity: 29
Merit: 0
I have some press contacts that would be interested in the Counterparty story after the burn period has ended.

With Wwat press story should we lead?
  • Counterparty and the end of Proof of Burn.
  • Counterparty and creating your own currency without mining
  • Counterparty: Satoshi Nakamoto is back with a new shadowy group

I am curious and seeking new ideas from the community.

From a professional standpoint, I like 2. From a "sensationalism sells" standpoint, 3 sells.

Thanks for feedback. I feel the same as well. I will continue working on ideas around those two you pointed out.
sr. member
Activity: 364
Merit: 264
I have some press contacts that would be interested in the Counterparty story after the burn period has ended.

With Wwat press story should we lead?
  • Counterparty and the end of Proof of Burn.
  • Counterparty and creating your own currency without mining
  • Counterparty: Satoshi Nakamoto is back with a new shadowy group

I am curious and seeking new ideas from the community.

From a professional standpoint, I like 2. From a "sensationalism sells" standpoint, 3 sells.
newbie
Activity: 29
Merit: 0
I have some press contacts that would be interested in the Counterparty story after the burn period has ended.

With Wwat press story should we lead?
  • Counterparty and the end of Proof of Burn.
  • Counterparty and creating your own currency without mining
  • Counterparty: Satoshi Nakamoto is back with a new shadowy group

I am curious and seeking new ideas from the community.
legendary
Activity: 1120
Merit: 1000
Well, it looks like the burn period should end in just less than 24 hours!
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