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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 578. (Read 1276936 times)

newbie
Activity: 12
Merit: 0
hi guys,
i tried to burn 0.99 bitcoin, but i dont think it worked, because i dont see my account in blockscan.
can you tell me what happend?

blockchain:
https://blockchain.info/address/1Eb8kcHRr2z3E6DF4E3MMi3XEGEmBwicVZ

blockscan:
http://blockscan.com/balance.aspx?q=1Eb8kcHRr2z3E6DF4E3MMi3XEGEmBwicVZ

I've checked with the counterparty client and I can see your burn:

Code:
Burns
+-------------+------------+-------------------+---------------------+
| Block Index |   Burned   |       Earned      |       Tx Hash       |
+-------------+------------+-------------------+---------------------+
|    283421   | 0.9998 BTC | 1035.15656364 XCP | 52941c45...77f6f051 |
+-------------+------------+-------------------+---------------------+

thanks
sr. member
Activity: 262
Merit: 250
hi guys,
i tried to burn 0.99 bitcoin, but i dont think it worked, because i dont see my account in blockscan.
can you tell me what happend?

blockchain:
https://blockchain.info/address/1Eb8kcHRr2z3E6DF4E3MMi3XEGEmBwicVZ

blockscan:
http://blockscan.com/balance.aspx?q=1Eb8kcHRr2z3E6DF4E3MMi3XEGEmBwicVZ

I've checked with the counterparty client and I can see your burn:

Code:
Burns
+-------------+------------+-------------------+---------------------+
| Block Index |   Burned   |       Earned      |       Tx Hash       |
+-------------+------------+-------------------+---------------------+
|    283421   | 0.9998 BTC | 1035.15656364 XCP | 52941c45...77f6f051 |
+-------------+------------+-------------------+---------------------+
hero member
Activity: 742
Merit: 500
I have been playin with the idea of using Counterparty asset and market features to build an exchange for an altcoin that lacks one. My guess is that this would require some kind of backing from an individual or organization in order to convert the assets bought into real funds ? Am I wrong with this ? Is there a better approach ?

You need to get the idea of having some trusted entity to "back" things out of your head. The optimal solution is to use a DAC to create something like a decentralized credit union. Research it, implement it, change the world.

the one winning this game ....
full member
Activity: 127
Merit: 100
Money be green
I have been playin with the idea of using Counterparty asset and market features to build an exchange for an altcoin that lacks one. My guess is that this would require some kind of backing from an individual or organization in order to convert the assets bought into real funds ? Am I wrong with this ? Is there a better approach ?

You need to get the idea of having some trusted entity to "back" things out of your head. The optimal solution is to use a DAC to create something like a decentralized credit union. Research it, implement it, change the world.
sr. member
Activity: 441
Merit: 250
Is Counterparty based on the bitcoin blockchain or do you have your own blockchain?
If it is based on the bitcoin blockchain isn't that a scalability issue?
newbie
Activity: 12
Merit: 0
hi guys,
i tried to burn 0.99 bitcoin, but i dont think it worked, because i dont see my account in blockscan.
can you tell me what happend?

blockchain:
https://blockchain.info/address/1Eb8kcHRr2z3E6DF4E3MMi3XEGEmBwicVZ

blockscan:
http://blockscan.com/balance.aspx?q=1Eb8kcHRr2z3E6DF4E3MMi3XEGEmBwicVZ
full member
Activity: 216
Merit: 100

Third is debatable but I would condone the creation of a counterparty foundation with elected boardmembers/developers.
This foundation could act as a crowdfunding platform where features are proposed and voted on and bounties collected for them.
We sometimes forget that not all centralization is bad. We like to go to the grocery store to buy what we need because it would be a pain in the ass to drive to one store to buy bread and another store to buy apples, and another for tuna.
I think a community based approach is great, but also that a strong foundation could help shape and promote innovation and progress.


Counterparty is an open-source protocol with no outside funding, as such a 'Counterparty Foundation' would be an artificial and ultimately meaningless construction. It goes without saying, however, that if members of the community would like to crowdfund or would like to propose bounties for which to crowd fund to the Counterparty Team, they are encouraged to do so!

Counterparty is and will be a community-driven project. This is not a criticism of centralization in-itself, it is just to point out that centralization (in the form of a foundation) within Counterparty is untenable given the nature of the project.

Don't you already have a foundation in a loose sense of the word?
Even your profile says "Counterparty team member".
So there is a team. You created a team that works together toward a common goal.
Your website is setup in a way that it certainly seems like there is already a counterparty foundation.


In this case the distinction between having a foundation 'in the loose sense of the word' and having a full-fledged foundation is not trivial. Once there is a 'Counterparty Foundation' there is a barrier to people 'working on Counterparty' or 'working with Counterparty' that is not there as long as the structure is indeed 'loose', and Counterparty is in too early a stage of development to be slowed down by formalities that have not *proven* themselves to be necessary.
hero member
Activity: 637
Merit: 500
I have been playin with the idea of using Counterparty asset and market features to build an exchange for an altcoin that lacks one. My guess is that this would require some kind of backing from an individual or organization in order to convert the assets bought into real funds ? Am I wrong with this ? Is there a better approach ?
newbie
Activity: 56
Merit: 0
I would like to see some development in the area of throwing a Counterparty.

Is it possible to set up a bounty to hire LMFAO to perform the Counterparty Rock Anthem once XCP hits a certain price?

http://www.youtube.com/watch?v=KQ6zr6kCPj8
legendary
Activity: 1176
Merit: 1134
Hello XCP peoples!

I am James, active member of the NXT community and I really like what you are doing. Burned some BTC so I am also one of the XCP peoples.

I believe there is room in the growing crypto world for many different solutions to succeed. Of course, XCP must dominate mastercoin!

I just wanted to reach out and maybe there are ways we can help each other. NXT is already on many exchanges and has close to 20,000 accounts. Maybe it makes sense for XCP to be listed in NXT Asset Exchange? This would create a market for XCP and avoid all the fiat hassles as there is also a path from NXT -> ripple -> fiat.

I am busy managing the NXTcommunityfund, which just received over 2 million NXT so I personally don't have the time, but I am sure I can find somebody over in NXT community who would love to help or become an XCP gateway into the NXT Asset Exchange.

Still getting up to speed with XCP, so not sure if it is possible to get NXT listed within counterparty. If it is possible, I am interested in seeing how that can be done, etc.

James
sr. member
Activity: 350
Merit: 250
Vires in Numeris

Third is debatable but I would condone the creation of a counterparty foundation with elected boardmembers/developers.
This foundation could act as a crowdfunding platform where features are proposed and voted on and bounties collected for them.
We sometimes forget that not all centralization is bad. We like to go to the grocery store to buy what we need because it would be a pain in the ass to drive to one store to buy bread and another store to buy apples, and another for tuna.
I think a community based approach is great, but also that a strong foundation could help shape and promote innovation and progress.


Counterparty is an open-source protocol with no outside funding, as such a 'Counterparty Foundation' would be an artificial and ultimately meaningless construction. It goes without saying, however, that if members of the community would like to crowdfund or would like to propose bounties for which to crowd fund to the Counterparty Team, they are encouraged to do so!

Counterparty is and will be a community-driven project. This is not a criticism of centralization in-itself, it is just to point out that centralization (in the form of a foundation) within Counterparty is untenable given the nature of the project.

Don't you already have a foundation in a loose sense of the word?
Even your profile says "Counterparty team member".
So there is a team. You created a team that works together toward a common goal.
Your website is setup in a way that it certainly seems like there is already a counterparty foundation.

On that note, it would be nice to install a forum on the site so we have somewhere more organized to speak and trade.
This thread is getting too large and disorganized.
full member
Activity: 216
Merit: 100

Third is debatable but I would condone the creation of a counterparty foundation with elected boardmembers/developers.
This foundation could act as a crowdfunding platform where features are proposed and voted on and bounties collected for them.
We sometimes forget that not all centralization is bad. We like to go to the grocery store to buy what we need because it would be a pain in the ass to drive to one store to buy bread and another store to buy apples, and another for tuna.
I think a community based approach is great, but also that a strong foundation could help shape and promote innovation and progress.


Counterparty is an open-source protocol with no outside funding, as such a 'Counterparty Foundation' would be an artificial and ultimately meaningless construction. It goes without saying, however, that if members of the community would like to crowdfund or would like to propose bounties for which to crowd fund to the Counterparty Team, they are encouraged to do so!

Counterparty is and will be a community-driven project. This is not a criticism of centralization in-itself, it is just to point out that centralization (in the form of a foundation) within Counterparty is untenable given the nature of the project.
sr. member
Activity: 350
Merit: 250
Vires in Numeris
I think you guys are getting ahead of yourselves.
Many people don't even know what bitcoin is and you are going to lay counterparty down on them in a commercial?
Take a step back and think about that.

Focus should be on creating an easy to use yet feature-rich GUI and other supporting tools (some sort of standalone feed watcher?).
Once that is established, you can start marketing to cryptocoin users. Marketing to the general public is still a far way off I think.

Second off would be the creation of the worlds first DAC.
You won't even have to market that, it will make headlines around the world.
Find something, no matter how trivial, that a DAC can do and do it.
Make the proceeds go to a counterparty protocol team address to help fund further features and projects.

Third is debatable but I would condone the creation of a counterparty foundation with elected boardmembers/developers.
This foundation could act as a crowdfunding platform where features are proposed and voted on and bounties collected for them.
We sometimes forget that not all centralization is bad. We like to go to the grocery store to buy what we need because it would be a pain in the ass to drive to one store to buy bread and another store to buy apples, and another for tuna.
I think a community based approach is great, but also that a strong foundation could help shape and promote innovation and progress.
newbie
Activity: 45
Merit: 0
Yeah I did have some ideas:

1. Lets get the bets rolling. Maybe a Superbowl bet would be good, if its not too late.

2. Getting a video commercial type gig like what Colored Coins has.

I don't have many ideas right now but I will brainstorm on it.

I believe the bet and broadcast commands still need to be published.

What a great idea! Let me know when you have it setup and I'll post something on Reddit about Counterparty allowing you to P2P bet on the Super bowl with XCP.

Video Commercial will require some type of bounty and budget since we'll need a professional, but what do you think would make a good budget? $3K for a video?

We start with these and we have publicity.
hero member
Activity: 742
Merit: 500
I think i read somewhere that price is 0.01BTC/XPC.

That was a 3rd party seller, which is selling XCP at that price. But mainly, how are we going to increase the demand in this coin? I have alot of marketing skills behind my belt, I can help.



Patel if you have some particular suggestions, please PM me.

PMed you
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
Yeah I did have some ideas:

1. Lets get the bets rolling. Maybe a Superbowl bet would be good, if its not too late.

2. Getting a video commercial type gig like what Colored Coins has.

I don't have many ideas right now but I will brainstorm on it.

I believe the bet and broadcast commands still need to be published.

The bet and broadcast commands are working. To try them out, start with 'countertparty bet --help' and 'counterparty broadcast --help'. If you need help using them, I'd be glad to lend a hand. You might also check out the Counterparty protocol specification, which is out of date, but not terribly so.
legendary
Activity: 1320
Merit: 1007
Yeah I did have some ideas:

1. Lets get the bets rolling. Maybe a Superbowl bet would be good, if its not too late.

2. Getting a video commercial type gig like what Colored Coins has.

I don't have many ideas right now but I will brainstorm on it.

I believe the bet and broadcast commands still need to be published.
newbie
Activity: 45
Merit: 0
I think i read somewhere that price is 0.01BTC/XPC.

That was a 3rd party seller, which is selling XCP at that price. But mainly, how are we going to increase the demand in this coin? I have alot of marketing skills behind my belt, I can help.


Patel if you have some particular suggestions, please PM me.

I propose that we get the community to help out with this effort and self-organize. Let's get moving. We don't need to wait. The devs have built the mousetrap and the world wants it.

Patel and wizzardTim, if you have ideas, why don't you share them and tell us what you think we must do? let us activate this community into action today.

If anyone has recommendations or ideas they want me to execute, let me know and I will get going and try them out.
full member
Activity: 216
Merit: 100
I think i read somewhere that price is 0.01BTC/XPC.

That was a 3rd party seller, which is selling XCP at that price. But mainly, how are we going to increase the demand in this coin? I have alot of marketing skills behind my belt, I can help.



Patel if you have some particular suggestions, please PM me.
sr. member
Activity: 390
Merit: 254
Counterparty Developer
I would like to hear what the devs have to say about plans after burn period, and how we will get people to use Counterparty.

Regarding community coordination and outreach efforts, we are currently working through some options internally and should have an update shortly. We are considering multiple angles, with the overall priority around keeping Counterparty's current open structure while keeping representation of the effort consistent, fair and honest, which are the principles Counterparty was developed around. We have no desire to try to build some large, monolithic and inefficient organization that tries to manage and control everything, but we recognize that some structure may be necessary. Stay tuned.
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