[ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 629.

BitThink

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Quote from: plasm on January 12, 2014, 01:45:48 AM

Quote from: BitThink on January 10, 2014, 11:44:48 PM

Quote from: plasm on January 10, 2014, 11:23:24 PM

Quote from: allwelder on January 10, 2014, 09:09:29 PM

Quote from: plasm on January 10, 2014, 09:28:37 AM

@PhantomPhreak

Hello,when I saw your XCP,I was surprised to find that it's characterized is very similar to my previous thoughts.
This is my postings at December 26.
https://bitcointalksearch.org/topic/m.4154105
Maybe a coincidence?

should be coincidence .

We don't know whether it was a coincidence.I am considering the issue of copyright.

Search "proof by burn" and you will see if it has a copyright, it does not belong to you.

Well,I see. The idea of "proof by burn" don't belong to me.What I mean is: some characteristics of counterparty is similar to my thoughts.

Hi,
https://github.com/PhantomPhreak/counterpartyd

If you download the source code and have a good look, you will understand that the reason here people burnt more than 500 BTC was not just for some thoughts (like someone invested on Visacoin, Neon just based on some posts). This project is promising because the two developers have already spent a lot of efforts and have got concrete results. The system is working now on testnet already. It's not some vaporware stay in paper (let alone some projects, Visacoin and Neon again, don't even have a whitepaper).

BTW: you can see the initial commit was on 15 Dec. Therefore, they begun their work at least one month ago. Moreover, they don't gain any advantage (other than their insider confidence) over normal investors after so much hard working. Therefore, please show some respect to them and stop mentioning about your post again. It's clever for you to find the idea 'proof by burn' independently, but keep referring it as it was created by you does more harm than good to you.

plasm

sr. member

Activity: 325

Merit: 250

Quote from: BitThink on January 10, 2014, 11:44:48 PM

Quote from: plasm on January 10, 2014, 11:23:24 PM

Quote from: allwelder on January 10, 2014, 09:09:29 PM

Quote from: plasm on January 10, 2014, 09:28:37 AM

@PhantomPhreak

Hello,when I saw your XCP,I was surprised to find that it's characterized is very similar to my previous thoughts.
This is my postings at December 26.
https://bitcointalksearch.org/topic/m.4154105
Maybe a coincidence?

should be coincidence .

We don't know whether it was a coincidence.I am considering the issue of copyright.

Search "proof by burn" and you will see if it has a copyright, it does not belong to you.

Well,I see. The idea of "proof by burn" don't belong to me.What I mean is: some characteristics of counterparty is similar to my thoughts.

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: mtbitcoin on January 12, 2014, 01:13:45 AM

Quote from: tk808 on January 12, 2014, 12:18:54 AM

Bitcoins in POB are destroyed forever?

Yes in this case.. Unless you somehow managed to get hold of the exodus address which is very unlikely

Cheers

Everyone has the probability of 1 / (2 ^ 160) in generating a new address which happens to be same as the burn address.

2^160 is larger than the number of atoms of all the found planets in our universe.

mtbitcoin

legendary

Activity: 876

Merit: 1000

Etherscan.io

Quote from: tk808 on January 12, 2014, 12:18:54 AM

Bitcoins in POB are destroyed forever?

Yes in this case.. Unless you somehow managed to get hold of the exodus address which is very unlikely

Cheers

tk808

legendary

Activity: 1512

Merit: 1124

Invest in your knowledge

Bitcoins in POB are destroyed forever?

mtbitcoin

legendary

Activity: 876

Merit: 1000

Etherscan.io

Quote from: flayway on January 11, 2014, 04:20:50 PM

Can i make to blockchain many address and burn from same account but different address or is that more safety make new blockchain account and burn from there?

If i see my address and coins in this page then all have go right with transfer right? http://blockscan.com/burn.aspx

Account is irrelevant as long as you don't burn more than 1 btc from each address and follow the instructions provided earlier

If they appear on the blockscan page above, it is a confirmed burned as reported by the official Counterparty client

cheers

flayway

full member

Activity: 219

Merit: 102

Can i make to blockchain many address and burn from same account but different address or is that more safety make new blockchain account and burn from there?

If i see my address and coins in this page then all have go right with transfer right? http://blockscan.com/burn.aspx

doitnow

member

Activity: 86

Merit: 10

When you finsh this, check your XCP balance in http://www.counterparty-explorer.com/

doitnow

member

Activity: 86

Merit: 10

Quote from: peer2peer360 on January 11, 2014, 01:35:30 PM

I've contacted a few individuals closely contected to this innovative project & no response
from anyone..

who or where can I buy from?

I'm aware of the amount of risked involved & the chances of me lossing my btc
through the Proof-of-Burn process.

I would like to express my interest by investing in this promising project

is there a 3rd party issuing or offering XCP for sale?

PM me

best regards
peer2peer360

You may follow this steps using blockchain wallet. It's the easiest way for non tech guy and worked out well for me.
I copy and paste this instruction from http://counterpartyd-build.readthedocs.org/en/latest/HowToBurn.html#blockchain-info-my-wallet

Blockchain.info My Wallet
To perform a burn on blockchain.info, do the following:

Step 1

First, sign up for a My Wallet account (if you haven’t already) at this link.

Step 2

If you want to burn X BTC (where X <= 1 BTC) from address A, then make sure that there is exactly X + .0001 BTC in address A. (And that you haven’t already burned more than 1 BTC - X BTC at that address.)

Step 3

Click on the “Send Money” tab, then click on “Custom” under “Transaction Type”. Do the following:

Select address A under the “From” box
Enter ‘1CounterpartyXXXXXXXXXXXXXXXUWLpVr’ next to the “To” box.
Enter ‘X’ BTC to the right of that.
Set the “Miners fee” to exactly .0001 BTC.
The change address can be anything, because there should be zero change. (To clarify: you should not burn from an address that has a balance of more than you are burning: we can’t guarantee that Blockchain.info will always list a change output last.)

Step 4

Click “Review Payment”.
Click ‘Show Advanced’.
Verify that all of the input are identical (summing to X + .0001 BTC) and that exactly one output (X BTC) listed.
Click “Send Transaction”.

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: peer2peer360 on January 11, 2014, 01:35:30 PM

I've contacted a few individuals closely contected to this innovative project & no response
from anyone..

who or where can I buy from?

I'm aware of the amount of risked involved & the chances of me lossing my btc
through the Proof-of-Burn process.

I would like to express my interest by investing in this promising project

is there a 3rd party issuing or offering XCP for sale?

PM me

best regards
peer2peer360

first of all you cannot buy it from anyone, because no one can transfer it.

so your three options are:

1. DIY (with some help)
2. have someone else burn for you and have them give you the privkey to the address and trust they don't screw you
3. have someone else burn for you, and trust that they will transfer to you when that is possible.

note that it could be possible to use a trusted escrow service to hold security funds until it gets on mainnet and there is still the chance albeit small that op_return does not get miner support...

flayway

full member

Activity: 219

Merit: 102

I make also blockchain.info wallet transfer. How i can check that XCP balance?

Edit. Find that, http://blockscan.com/balance.aspx

flayway

full member

Activity: 219

Merit: 102

Quote from: PhantomPhreak on January 11, 2014, 10:18:48 AM

Quote from: goldenmail on January 11, 2014, 09:55:02 AM

when i run bitcoin-qt.exe, shows "Error: You need to rebuild the databases using -reindex to change -txindex", the bitcoin.conf is :
rpcuser=rpc
rpcpassword=xxxx
rpcport=18832
rpcconnect=localhost
server=1
daemon=1
txindex=1
who can help me, thanks!

You need to run bitcoind with the command-line option -reindex the first time.

Im very new with things like this so i want confirm before i make anything wrong. I never have get even solo mining with software working so i dont know i make all right now. I want burn my BTC in mainnet to XCP.

So I just get blockchain downloaded and now i need restart my bitcoin client.
I have make bitcoin.conf file manually not with cmd.exe to C:\Users\User\AppData\Roaming\Bitcoin folder and there read next:

rpcuser=rpc
rpcpassword=rpcpw1234
server=1
daemon=1
txindex=1

And now i start my bitcoin-qt.exe again? Or need i first go with cmd.exe to C:\Program Files (x86)\Bitcoin\daemon folder and write "bitcoind.exe -reindex" (without " ")?

How i can make sure that read my config file and run server?

Im reading this thread in page 10 now so if all have explained very later in very simple, im sorry that i ask again

peer2peer360

hero member

Activity: 561

Merit: 500

Institute of Advance Blockchain Research

I've contacted a few individuals closely contected to this innovative project & no response
from anyone..

who or where can I buy from?

I'm aware of the amount of risked involved & the chances of me lossing my btc
through the Proof-of-Burn process.

I would like to express my interest by investing in this promising project

is there a 3rd party issuing or offering XCP for sale?

PM me

best regards
peer2peer360

mtbitcoin

legendary

Activity: 876

Merit: 1000

Etherscan.io

Quote from: prophetx on January 11, 2014, 11:25:01 AM

congrats you now have over 500 BTC burned.

who wants to bet me that by the time this is done over 1000 btc will be burned? i'll give 10:1 odds.

I have added a basic chart to http://blockscan.com .. From what I can see we are averaging approx. 80 BTC burns for the last 6 days. If this trend does indeed continue then we will definitely see more than 1000 BTC burned

cheers

panonym

sr. member

Activity: 266

Merit: 250

Help and Love one another ♥

Quote from: xnova on January 11, 2014, 10:39:52 AM

After you pulled the new update from git, did you rerun setup.py??
(rerunning setup.py will rebuild your virtualenv, with the werkzeug package)

Please see: http://counterpartyd-build.readthedocs.org/en/latest/BuildingFromSource.html#updating-to-the-newest-source

Thanks, that seem to have resolved the situation.
Weird, my mind stopped reading the doc halfway.
Probably because on first-update-this-way I didn't rerun setup.py and yet saw change.

This trouble made me stop from burning more.
Which is probably a good thing after all.

reader31

full member

Activity: 221

Merit: 100

Quote

rofl @ the guy trying to claim copyright on proof of burn...

does he even know what copyright protects? lol!

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

congrats you now have over 500 BTC burned.

who wants to bet me that by the time this is done over 1000 btc will be burned? i'll give 10:1 odds.

xnova

sr. member

Activity: 390

Merit: 254

Counterparty Developer

Quote from: panonym on January 11, 2014, 05:34:54 AM

So, ubuntu 13.10 I did that to update yet another time:

Code:

cd ~/counterpartyd_build
git pull origin master
cd ~/counterpartyd_build/dist/counterpartyd
git pull origin master

But now it isn't working anymore...

Code:

counterpartyd --log-file=-
Traceback (most recent call last):
  File "/home/user/counterpartyd_build/dist/counterpartyd/counterpartyd.py", line 22, in 
    from lib import (config, api, util, exceptions, bitcoin, blocks)
  File "/home/user/counterpartyd_build/dist/counterpartyd/lib/api.py", line 7, in 
    from werkzeug.wrappers import Request, Response
ImportError: No module named 'werkzeug'

I haven't change my counterpartyd.conf yet
Still looking like this:

Code:

[Default]
rpc-user=goodusername
rpc-password=goodpassword
rpc-connect=localhost
rpc-port=8332
#rpc-port=18832   #this is for testnest, for main net 8832 on both xcp & btc.conf

Should I edit it with the following?

Code:

[Default]
bitcoind-rpc-user=goodusernamesamebitcoin.conf
bitcoind-rpc-password=goodpasswordsamebitcoin.conf
bitcoind-rpc-connect=localhost
bitcoind-rpc-port=8332
#bitcoind-rpc-port=18832   #this is for testnest, for main net 8832 on both xcp & btc.conf
rpc-user=differentusername-only4xcp
rpc-password=differentpassword-only4xcp

edit:
I eddited my counterpartyd.conf with what's up.
Still the same problem. Nothing working.
Oh and shouldn't

Code:

counterpartyd --log-file=-

be

Code:

counterpartyd --log-file='/home/user/.config/counterpartyd/counterpartyd.log'

? so at least the log is kept somewhere...

After you pulled the new update from git, did you rerun setup.py??
(rerunning setup.py will rebuild your virtualenv, with the werkzeug package)

Please see: http://counterpartyd-build.readthedocs.org/en/latest/BuildingFromSource.html#updating-to-the-newest-source

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: goldenmail on January 11, 2014, 09:55:02 AM

when i run bitcoin-qt.exe, shows "Error: You need to rebuild the databases using -reindex to change -txindex", the bitcoin.conf is :
rpcuser=rpc
rpcpassword=xxxx
rpcport=18832
rpcconnect=localhost
server=1
daemon=1
txindex=1
who can help me, thanks!

You need to run bitcoind with the command-line option -reindex the first time.

goldenmail

newbie

Activity: 51

Merit: 0

when i run bitcoin-qt.exe, shows "Error: You need to rebuild the databases using -reindex to change -txindex", the bitcoin.conf is :
rpcuser=rpc
rpcpassword=xxxx
rpcport=18832
rpcconnect=localhost
server=1
daemon=1
txindex=1
who can help me, thanks!

Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 629. (Read 1276928 times)