Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 641. (Read 1276796 times)

Yes, fantastic idea, let's take the only new "2nd gen crypto" that has some respectability to it and make it just a little bit scammy by altering the reward structure after the fact.  I have no problem with a dev keeping coins for himself for their hard work, but he laid down the reward system in the first post, changing it now is not kosher.  What in the fuck is wrong with you people?  We have a dev who seems passionate about creating something new, he isn't trying to take your BTC from your wallet, and has set up reward parameters that don't punish late adopters too harshly.  It is basically the fairest and most honest project I have seen in months.  So let's all try to put a stain on it because you need "muh early adopter bonus".  I remember the days where if someone launched an alt with front loaded block rewards, it was automatically labelled scam and looked at with derision.  Now it's just par for the course.  The dev said in his first post that this was alpha software and it was possible to lose your BTC if something breaks.  Everyone was warned, you can wait if you think it is too risky.

PhantomPhreak, don't listen to these greedy assholes.  They just want their early adopter bonus so they can shit the coins all over the order books as soon as it pumps.  Keep doing what you are doing, you have my respect.

Does real BTC actually get transferred from mtQheFaSfWELRB2MyMBaiWjdDm6ux9Ezns's bitcoin wallet to my bitcoin wallet?

raaaaaaaaaaaaaaaaaaah
I hate bitcoind
Crappy for 5 years old. REALLY


edit: wizzardTim, you can try -force
I opted to wait the necessary 4~7h for counterpartyd to sync.

I finally made counterparty running on windows.

I see the number of blocks in the command line. What do i do now?

Kill the command and try the -burn flag? Or open another cmd.exe window while the command is running in the other?

Counterparty is built on top of the Bitcoin blockchain, and as such XCP cannot be mined.

oooh... You're right.This always show zero
Cannot find a trick with auto-labelling? (lost the command to set label) then using:
Should show the balance.
Such basic feature missing -__- After 5 years!

edit: Oh! counterparty wallet show BTC&XCP. No problem. Just address doesn't show BTC.

More important:
Does counterpartyd has a command to show the total number of XCP?
(or list all burning proof and show total XCP, neat way)

Another thing as you're around:
Can you differentiate burning transaction from the soft and from blockchain.info?
Doubt it.

I'm still wondering about this early adopter additional reward. 'seem I'm not the only one thinking about it.
What do you think about it?
You could create an awesome asset, the very first.
Ideally with long term dividend on a betting system, or whatever.

Burning is between block 278310 & 283810. That's 5500 block time.
Could split in 5:
up block 279410 = First 20% time get 50.0% of 1stAsset
up block 280510 = First 40% time get 25.0% of 1stAsset
up block 281610 = First 60% time get 12.5% of 1st Asset
up block 282710 = Last 40% time get nothing
up block 283810 = Last 20% time get nothing
And you keep 9.375% to give as such or resell(XBT) in 2~3 month for bounties for the development of the project.
Feel free to keep a part for yourself 2dev. I'm sure no investor will be against.

Other % possible.
50% - 20% - 10% - nothing - nothing - 20%dev&bounties.
66% - 33% - nothing - nothing - nothing.

I'd like to underline, in plus of the highest risk of burning in the first week;
Our money is blocked for a whole month.
As v0.9 is need for everything. Can't trade it back before, even in case of sudden money need.

Yes: the README had fee_provided and fee_required reversed. Good catch.




Both xnova and I are burning some BTC. No XCP have been reserved for any person or organisation.




Without Eligius, no one can send XCP on mainnet yet. You can on testnet, however.

Bitcoind isn't actually capable of showing the BTC balance of an arbitrary address, so, for the time being at least, neither is counterpartyd.

poppycock

maybe dev are secretly funded by bitcoin foundation to end those silly greedy mastercoin visacoin nxt bitshare etc

Can someone please answer this?  THX

I can help with developer and key components towards the community

Normally I prefer to a project where the developers have fair rewards to keep them working hard. In the description of this project, I cannot see any way the developers can be rewarded other than burning some BTC themselves. Therefore, I think there're three options:
1) they have burnt or will burn considerable amount of BTC so they will get quite a lot of XCP to enjoy the future appreciation. In this case, could the developers provide some evidence of burning to show their confidence in this project?

2) they reserved some part of XCP for themselves. This is fine as long as they make it public how much they reserved, but I haven't seen any claim in the original post.

3) they have no rewards at all. In this case, I am not so comfortable because I don't see why the developers will keep working on this project after their interest is gone. This project will become a completely community-driven project and will not survive long.

Could any developer of Counterparty help clarify on this? Thanks.  

Of course, we destroy money

This project was founded upon burning BTC.  Obviously, we're all rich, don't need jobs and can do this 24/7 just for fun.

May I ask a question about the developer's incentive.

Proof by burn does increase the trust level, but how about the incentive? Have the developers already burned enough BTC to get their shares, or have the developers reserved certain part of XCP for themselves? If not, how can we be sure the developers will concentrate on this project and try their best to improve the value of XCP?

I will hire miners for this project

Pm me

I am running into issues too .. Could the documentation be incorrect?

The github docs state

•Buy BTC for XCP
order --from=mtQheFaSfWELRB2MyMBaiWjdDm6ux9Ezns --get-quantity=10 --get-asset=BTC
--give-quantity=20 --give-asset=XCP --expiration=10 --fee_provided=.001


However when attempting to do a buy using the format above the following exception is thrown :

  File "C:\counterpartyd_build\dist\counterpartyd\counterpartyd.py", line 426, in
    raise exceptions.FeeError('When buying BTC, do not specify a fee provided.')
lib.exceptions.FeeError: When buying BTC, do not specify a fee provided.

https://blockchain.info/address/1CounterpartyXXXXXXXXXXXXXXXUWLpVr
$ 122,887.59

This is getting real.

You look good to go

-------------------------
Balances
+-------+---------+
| Asset |  Amount |
+-------+---------+
|  XCP  | 14.3325 |
+-------+---------+

'tried to transfert XCP.
Problem before the expected problem:

Same error without the --from=send

I expected the command to work,
but then never see the XCP arrive in my safeaddress 'coz even Eligius doesn't process OP_RETURN before v0.9.
So I kind of willingly risked to lose 1XCP, but fail.
(curious: does anyone know an easy way to cancel a transmission that has never been confirmed? be BTC, XCP or whatever)

Did anyone succeed using the send command?
Must have someone who tried before Eligius stopped, or on testnet.
What do I do wrong?

edit: tried to add -paytxfee=0.0001 (error: unrecognized arguments)

Code improvement needed: 'doesn't show BTC balance ? ? ?