Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 624. (Read 1276928 times)

Oh, I miss it, careless I am, careful you are

Does the same balance that expected checked at blockscan.com and counterparty-explorer.com mean with high probability(>99%) that burn went right?

Question, are there plans to launch a XCP foundation (similar to MSC and NXT)?
Something to coordinate the effort of advancing the coin?

From the post #1

The most difficult part is the trust issue. Has to find a way to sign the transaction without asking for password/private key. Maybe create an offline app to sign the transaction. It will be great if blockchain.info could provide an OAuth-like API to sign a certain transaction.

Maybe a stupid question, why choose to be a self-moderated topic?

MSC does the same way, but Nxt does not.

Waiting for your client release 

They have changed the syntax parameters in the latest build. A change log would be nice :-)

Try prefixing your your counterparty.conf file with the following "--bitcoind"

for example
rpc-port=8332 ---> bitcoind-rpc-port=8332

Cheers

Hey Guys,

I rebuilt counterpartyd with the latest code updates, but when I tried to run  


I get the following error,


I have the bitcoin-qt running already and the config file for both the counterpartyd and bitcoind have the rpc password already set properly. This setup was working a feew days back. Not sure if something changed recently.

heres my bitcoin.conf file,



This is my counterparty.conf file,


I was trying to get counterpartyd running on the mainnet to do some testing and ran into this error. Any insights would be helpful. Thx.

xnova or Phantom :

Can you summarize as to what is the format of encoding for the [data] field in the transaction table so I can decode and show this correctly on the block explorer?

Thanks

Hi

I have just updated the Blockscan.com code to reflect most of the newer changes in the new database. So it should be for the most part updated to date as of now. You should be able to verify your balance correctly at blockscan.com

I am still working through some of the other minor issues due to the new data stream

FYI: We burned more than 90 BTC yesterday (based on UTC time)

Cheers

Just ignore it. It's a meaningless post to increase the post count.

I can't read this. Can you text some in English?

As the core Counterparty team, our goal is to construct and facilitate the use of the Counterparty protocol and reference implementation. Our idea is that through the merits of the technology, and their obvious usefulness, as well as future efforts to promote use (bounties, awareness campaigns, etc), the community and industry will naturally build upon them (much like water flows through the path of least resistance). Through this, we do not require a foundation or any centralized "top-down" organization of that nature, which can often get in the way as much as it can help.

That being said, having the support of active members of the community (e.g. BitThink and mtbitcoin for writing block explorers and several of you guys answering questions in the forums) is a HUGE part of what will make Counterparty successful. Thank you all for your support thus far.

Yes, one is planned. (At this point I cannot provide any more information beyond that.)

However, I'd like to reiterate that any member of the community interesting in building a wallet or anything else on top of counterpartyd should definitely feel free to do so. If you have development skills, don't just wait for us, feel free to put them to use!

With the above figures given thats either miscalculated or short sightedness..

XCP being highly rare (after crowd-funding) Expect XCP To be 1 BTC= 10 XCP (soon)

XCP may have the opportunity to set the standards for decentralized, Peer2peer, trustless technology

giving the current state of things...

With the Belief that at some point there will be a XCP Foundation
to watch over the day-to-day operation of this project

there is a great amount potential in this project that seems so promising.

to Investors/Dev/XCP Community may 2014 be a prosperous year for you

Is there a plan to create a more user-friendly client with GUI?

I am thinking a lightweight web client supporting blockchain.info wallets will be really useful to attract average users.

Whether wizkid057 (Eligius pool op) will allow txns utilizing OP_RETURN through Eligius (after burn, once all of our txns have no unspendable txouts) is unknown. However, it doesn't matter, as we also have support for multisig based transactions released today. As PhantomPhreak noted earlier (https://bitcointalksearch.org/topic/m.4471853), all Counterparty functionality is now available on mainnet via counterpartyd's new support for multisig, meaning we don't *need* 0.9 to be released, or OP_RETURN pool support. However, once 0.9 is released and deployed across the major pools, we will switch to using OP_RETURN as the primary encoding method.

We encourage all of you to test the counterpartyd featureset on mainnet, to the extent that you feel comfortable (remember, there are likely still bugs, play with isolated wallets with small amounts of XCP/BTC, for maximum safety).

Are there any updates on whether Eligius will be able to support OP_RETURN?

Actually this is a very good question. For all us investors, especially those who want to see the price of XCP increase 10x or even 100x, to understand the demand of XCP is very important.

Let's check the feature of XCP one by one.
1) issue and order
If I am not wrong, any issue can be priced either in XCP or BTC. If an asset is priced in XCP, then the orders can be matched and finished immediately. For BTC priced orders, BTCPay message is need to finished the matched order. Therefore, it's possible people may prefer XCP priced issue to BTC priced issue due to instant transaction. If the XCP price is relatively stable, people may buy certain amount of XCP with BTC in beforehand, and then use XCP to buy assets instantly.

2) dividend
It seems the dividends have to be paid in XCP, unless the dividends are paid outside of the exchange. Therefore, the asset issuers most likely will buy XCP for distributing the dividends.

(Actually, I am not sure about this. If there're good 3rd party software support, it is equally easy for the issuers to pay the dividends in BTC, because they have all the investors BTC addresses. The exchange has to provide more convenience to attract more issuers to pay dividends in XCP instead.)

3) broadcast and bets.
It seems betting fee are all in XCP, so people need XCP to make a bet.

Therefore, to some extent XCP is like the token in a casino and BTC is like the money, but the supply of token in XCP exchange is limited. If there're more issuers,  more (bet) users, and more BTC go into the exchange, the value of token will increase, and the price of XCP is finally determined by how many users and how many funds will go into the exchange.