Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 71. (Read 1276786 times)

Has anyone heard that Swarm switched from Counterparty to Colu?

Do you mean we can enable smart contract  in mainnet by ourselves without permission of core dev?

So what? They said their software can be connected to Counterparty and is all part of the tech stack. Private ledgers are great for making money, and many vastly successful  Linux distributions use exactly the same business model. You are warning others that Symbiont isn't spending money on Counterparty... but all their activity and statements suggest that they are. Where's your evidence?

Also, smart contracts are waiting on Ethereum to have a stable release, then they will be ported. Stability and performance updates are happening regularly (see last week for example). This 'delay' has nothing to do with XCP devs. It's a strategic decision. And you realize that all of the core devs of Counterparty are still working on it?  

And XCP is open source, so anyone is free to contribute code. You don't need to wait for investors or devs.

I am not criticizing the devs. They have their rights to do more profitable things and they are also under the pressure of their angel investors now. I am just expressing my own frustration and warn others that Symboint investors spend money not for counterparty but only for private ledgers for banks.

The devs work on a private repo, and there are regular updates on the public repo as well. The illusion of a slow pace is because the devs don't promise anything in advance, they deliver code regularly and that's what gets real, tangible results.

If they wanted to pump they could advance flashy buzzwords 12 months before any code exists, and write 4 page blog posts about theory. Remember, Counterparty simply showed up. There was no 12 month announcement and e-mail list building. The code showed up, posted by anonymous devs. XCP seems strange among other Bitcoin projects for this reason, because it's about results much like the work of Satoshi.

Having some experience with dev teams, I much prefer those that code and network with known Wall Street players and finance giants instead of create theatrics to appease a small user-base. But maybe that's just me.

Since Symbiont is funding Counterparty and says it's a 'core aspect' of their toolkit, I doubt it's 'nearing a standstill'.

The devs work on a private repo, and there are regular updates on the public repo as well. The illusion of a slow pace is because the devs don't promise anything in advance, they deliver code regularly and that's what gets real, tangible results.

If they wanted to pump they could advance flashy buzzwords 12 months before any code exists, and write 4 page blog posts about theory. Remember, Counterparty simply showed up. There was no 12 month announcement and e-mail list building. The code showed up, posted by anonymous devs. XCP seems strange among other Bitcoin projects for this reason, because it's about results much like the work of Satoshi.

Having some experience with dev teams, I much prefer those that code and network with known Wall Street players and finance giants instead of create theatrics to appease a small user-base. But maybe that's just me.

Since Symbiont is funding Counterparty and says it's a 'core aspect' of their toolkit, I doubt it's 'nearing a standstill'.

Since Symbiont is funding Counterparty and says it's a 'core aspect' of their toolkit, I doubt it's 'nearing a standstill'.

Since the current pace is nearly a standstill, I would have to agree.

rootstock.io   (Port ETH VM to a BTC pegged sidechain)

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

They said a white paper will be published in couple of weeks. I am waiting to see how they plan to solve the side chain support and security problem. In case the plan is reasonable, a token with fixed exchange rate with BTC and can be instantly converted to Bitcoin could be much more attractive than introducing a new coin, such as ETH and XCP.

So they have a landing page... and are proclaiming to port an unfinished engine onto a theoretical concept. Is anyone supposed to be impressed by this?

rootstock.io   (Port ETH VM to a BTC pegged sidechain)

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

Symbiont and Counterparty
August 20, 2015

At our recent press-event, we issued a number of smart contract-based financial instruments onto the Bitcoin blockchain. This is the culmination of over half a year of hard work by our development team, and a major milestone towards our overarching goal of rapidly developing a platform for the issuance, management and trading of blockchain-based securities.

We had a precise business goal in mind when we started Symbiont, and it was clear that our vision for our securities platform required the full expressiveness of a smart contract implementation. As several realities became abundantly clear to us on both the regulatory and technical fronts, we developed technology based on Counterparty, but which differs from Counterparty itself in a number of key ways, being optimized for a private network with known participants. This technology (layered on the Bitcoin blockchain) was at the root of the demonstration we provided.

Symbiont as a business is, as it has always been, a separate entity from Counterparty. We build products to match our clients’ needs, and Counterparty (as an open, public platform) cannot service all use-cases. However, Counterparty is a core part of the Symbiont “tech stack”, with entirely complementary technology to the other systems we are developing. In cases where public network on public blockchain (Bitcoin) solutions are most appropriate, Counterparty is the prime tool in our toolbelt.

Effectively, nothing has changed with respect to our enthusiasm for the potential of Counterparty, and permissioned ledgers will augment Symbiont’s platform offerings, not compete with the many market uses for Counterparty. We will continue to support the Counterparty ecosystem by providing development resources, funding Ivana Zuber in her position as Executive Director of the Counterparty Foundation and handling incoming business development inquiries. However, as we onboard more clients and partners, and develop more products, we will not be able to discuss if, why or how that client product uses or does not use Counterparty. (Determining use of Counterparty should be clear to anyone via a Counterparty block explorer.)

These are exciting times for blockchain-based technologies, as we stand at the beginning of replacing the core archaic, error-prone banking and securities technology in use today. We thank you all for your interest, and will continue to issue announcements on the relevant blogs (Symbiont or Counterparty) as things develop further.

I am little tired from XCP. Always news coming and always nothing happened/released!

I am little tired from XCP. Always news coming and always nothing happened/released!