[ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 643.

xibeijan

legendary

Activity: 1232

Merit: 1001

Thanks.

Quote from: panonym on January 05, 2014, 09:03:56 PM

xibeijan, for your question:
The --fee_provided=.001 or --fee_required=.001 might be in XCP.
From what I understand, they are optional.
But honestly I don't know about them.
Not digged that yet.

I wish I knew. Also, who would get the --fee_required?

panonym

sr. member

Activity: 266

Merit: 250

Help and Love one another ♥

xibeijan, for your question:
Transfering XCP cost no fee in XCP. Same for assets.
But you have to have BTC on the same privkey as it will cost you 0.0001 BTC for each transfer.
The data will be save in the OP_RETURN function on bitcoind v0.9, allowing 80 byte if I'm correct.

The --fee_provided=.001 or --fee_required=.001 might be in XCP. edit: answered it's in BTC.
From what I understand, they are optional.
But honestly I don't know about them.
Not digged that yet.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: PhantomPhreak on January 05, 2014, 08:57:50 PM

For now I'll refer you to the documentation for the answer to that question.

That's what I've been reading, but it's late so many I missed something.

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

Or maybe not?

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: PhantomPhreak on January 05, 2014, 08:57:50 PM

Why would you need an XCP fee to put data in a Bitcoin transaction?

OK, my question was not as precise as your answer.

So, a BTC fee is required?

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: xibeijan on January 05, 2014, 08:49:15 PM

Quote from: xibeijan on January 05, 2014, 08:23:26 PM

Quote from: PhantomPhreak on January 05, 2014, 08:13:57 PM

Simply transferring XCP, for example, does not incur an XCP fee.

How is this possible, if the XCP transactions need to be written into the bitcoin block chain?

Still wondering how this is possible. Thx.

Why would you need an XCP fee to put data in a Bitcoin transaction?

Quote from: xibeijan on January 05, 2014, 08:55:26 PM

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

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

order --from=mtQheFaSfWELRB2MyMBaiWjdDm6ux9Ezns --get-quantity=10 --get-asset=XCP
--give-quantity=20 --give-asset=BBBC --expiration=10

Why does first have --fee_provided, second have --fee_required and third have no fee?

Again, all fees are in XCP?

How does this actually get recorded into BTC blockchain without BTC fee?

For now I'll refer you to the documentation for the answer to that question.

xibeijan

legendary

Activity: 1232

Merit: 1001

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

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

order --from=mtQheFaSfWELRB2MyMBaiWjdDm6ux9Ezns --get-quantity=10 --get-asset=XCP
--give-quantity=20 --give-asset=BBBC --expiration=10

Why does first have --fee_provided, second have --fee_required and third have no fee?

Again, all fees are in XCP?

How does this actually get recorded into BTC blockchain without BTC fee?

xibeijan

legendary

Activity: 1232

Merit: 1001

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

Sorry, still trying to get my head around it. What units are --fee_provided in, BTC or XCP?

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

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: PhantomPhreak on January 05, 2014, 08:50:37 PM

Quote from: xibeijan on January 05, 2014, 08:45:10 PM

I can run two bitcoind's at the same time using the -datadir option. Can I also run two counterpartyd's at the same time? I'd like to have testnet and mainnet running at same time, rather than switching back and forth.

An instance of counterpartyd running on testnet does not conflict with an instance of counterpartyd running on mainnet.

Excellent. Thanks.

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: xibeijan on January 05, 2014, 08:45:10 PM

I can run two bitcoind's at the same time using the -datadir option. Can I also run two counterpartyd's at the same time? I'd like to have testnet and mainnet running at same time, rather than switching back and forth.

An instance of counterpartyd running on testnet does not conflict with an instance of counterpartyd running on mainnet.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: xibeijan on January 05, 2014, 08:23:26 PM

Quote from: PhantomPhreak on January 05, 2014, 08:13:57 PM

Simply transferring XCP, for example, does not incur an XCP fee.

How is this possible, if the XCP transactions need to be written into the bitcoin block chain?

Still wondering how this is possible. Thx.

xibeijan

legendary

Activity: 1232

Merit: 1001

I can run two bitcoind's at the same time using the -datadir option. Can I also run two counterpartyd's at the same time? I'd like to have testnet and mainnet running at same time, rather than switching back and forth.

panonym

sr. member

Activity: 266

Merit: 250

Help and Love one another ♥

'feeling more and more question will be skipped as the message speed increase over time.
But still get a few, good.

I'm in for the XCP/BTC, asset/BTC, asset/XCP descentralized exchange.
All the rest is obscure.

A copypast of what I wrote in another project post: (which could give HUGE succes to your project)
I wish to see a descentralized email-like system, where I can give priority-reading/answering to the people that pay to contact me.
Free or minimal fee goes into 1 folder, a subalias or something.
Others are categorized between x$ & y$. Or classified by amount max to min.
'Details, but I think you get the idea.
Have you the skill to develop such a system? 'possibility to include it somehow in counterpartyd?

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: xibeijan on January 05, 2014, 08:32:02 PM

Quote from: PhantomPhreak on January 05, 2014, 08:29:50 PM

Quote from: xibeijan on January 05, 2014, 08:23:26 PM

Are feed's names (i.e. TEXT) owned by those who initialise/buy them? Or can anyone post to any feed?

A feed is a series of broadcasts from a given address.

So, users just subscribe to a bitcoin address? How do they know what it's about?

Where does the --text=TEXT parameter come in?

I don't know about 'subscribe', but yes. They know what it's about by the --text=TEXT parameter.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: PhantomPhreak on January 05, 2014, 08:29:50 PM

Quote from: xibeijan on January 05, 2014, 08:23:26 PM

Are feed's names (i.e. TEXT) owned by those who initialise/buy them? Or can anyone post to any feed?

A feed is a series of broadcasts from a given address.

So, users just subscribe to a bitcoin address? How do they know what it's about?

Where does the --text=TEXT parameter come in?

I can run two bitcoind's at the same time using the -datadir option. Can I also run two counterpartyd's at the same time? I'd like to have testnet and mainnet running at same time, rather than switching back and forth.

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: xibeijan on January 05, 2014, 08:23:26 PM

Are feed's names (i.e. TEXT) owned by those who initialise/buy them? Or can anyone post to any feed?

A feed is a series of broadcasts from a given address.

Quote from: panonym on January 05, 2014, 08:28:26 PM

So every transaction of XCP or asset just require the standard 0.0001 BTC fee?

Correct.

panonym

sr. member

Activity: 266

Merit: 250

Help and Love one another ♥

Quote from: cityglut on January 05, 2014, 08:24:33 PM

Quote from: panonym on January 05, 2014, 08:17:39 PM

So every transaction of XCP or asset will have a 0.0001 BTC fee.
0.001 BTC fee is ONLY for burning through counterpartyd.
Then why using your soft to burn if it cost me 9x less using blockchain.info ?
Much more easy, cheaper, almost unfair.

Where did you see that it cost .001 BTC to burn through counterpartyd?

The fee for all XCP transactions is the same.

An old post. As transaction <1kB fee was 10 time higher.
Miss read/remember?
So every transaction of XCP or asset just require the standard 0.0001 BTC fee?

cityglut

full member

Activity: 216

Merit: 100

Quote from: panonym on January 05, 2014, 08:17:39 PM

So every transaction of XCP or asset will have a 0.0001 BTC fee.
0.001 BTC fee is ONLY for burning through counterpartyd.
Then why using your soft to burn if it cost me 9x less using blockchain.info ?
Much more easy, cheaper, almost unfair.

Where did you see that it cost .001 BTC to burn through counterpartyd?

The fee for all XCP transactions is the same.

xibeijan

legendary

Activity: 1232

Merit: 1001

Quote from: PhantomPhreak on January 05, 2014, 08:13:57 PM

Simply transferring XCP, for example, does not incur an XCP fee.

How is this possible, if the XCP transactions need to be written into the bitcoin block chain?

Are feed's names (i.e. TEXT) owned by those who initialise/buy them? Or can anyone post to any feed?

panonym

sr. member

Activity: 266

Merit: 250

Help and Love one another ♥

So every transaction of XCP or asset will have a 0.0001 BTC fee.
0.001 BTC fee is ONLY for burning through counterpartyd.
Then why using your soft to burn if it cost me 9x less using blockchain.info ?
Much more easy, cheaper, almost unfair.

BldSwtTrs

legendary

Activity: 861

Merit: 1010

God, why I have this message :

Code:

Traceback (most recent call last):
  File "C:\counterpartyd_build\dist\counterpartyd\counterpartyd.py", line 413, i
n 
    util.bitcoind_check(db)
  File "C:\counterpartyd_build\dist\counterpartyd\lib\util.py", line 19, in bitc
oind_check
    block_count = bitcoin.rpc('getblockcount', [])
  File "C:\counterpartyd_build\dist\counterpartyd\lib\bitcoin.py", line 51, in r
pc
    raise exceptions.BitcoindRPCError('Cannot communicate with Bitcoind. (counte
rpartyd is set to run on {}, is Bitcoind?)'.format(network))
lib.exceptions.BitcoindRPCError: Cannot communicate with Bitcoind. (counterparty
d is set to run on mainnet, is Bitcoind?)

C:\counterparty_build\counterpartyd.conf :

Quote

[Default]
rpc-connect=localhost
rpc-port=8332
rpc-user=rpc
rpc-password=password

C:\Program Files (x86)\bitcoin\bitcoin.conf :

Quote

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

Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 643. (Read 1276806 times)