Counterparty

XCP Counterparty Protocol

Counterparty is a protocol for the creation and use of decentralised financial instruments using Bitcoin as a transport layer. It has an open-source and Public Domain reference implementation, counterpartyd, which is available for download/perusal at https://github.com/PhantomPhreak/counterpartyd/.
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Port of Counterparty on Bitcoin (Cash)

Counterparty brings a powerful set of financial tools to Bitcoin.
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Cryptocurrency News

Community curation of the latest cryptocurrency news.
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How can people with non-counterparty bitcoin addresses view their xcp?

If you have a regular bitcoin address and no counterparty wallet, and someone sends counterparty coins to that address, how can they view them? I searched online and found this. But it fails to answer the critical question of how to view xcp coins with a regular non counterparty address? How to import a regular bitcoin address into a counterparty wallet?
submitted by A_solo_tripper to counterparty_xcp [link] [comments]

counterparty bitcoin fee question

Hello, im thinking about using newly created counterparty token in my project. I would like to create app that can send or receive this token. One thing i do not understand is how does the counterparty transaction fee work? as far as i know counterparty transaction is just specially formed bitcoin transaction. that means that it needs to pay bitcoin fee. im wondering how can i let user to operate(send, receive) this token if he doesnt have any bitcoin. it seems to me that tokens are unmoveable without small amount of bitcoin. is there something im missing? Also is there any working implementation of counterparty wallet for particular token on android? Or is there a library for implementing counterparty wallet in java? something like bitcoinj.
submitted by btcdevelop to counterparty_xcp [link] [comments]

Meanwhile over at Counterparty the Devs are busy adding features to Bitcoin - And like "NOW" ....

rubensayshi [10:39 PM] there's a bunch of big projects using counterparty tokens for serious business, in production
afaik that's more than ethereum has, and for good reason, ethereum hadn't even reached their production ready release yet and are still working on a switch of their consensus algorithm cuz PoW isn't safe enough for them with the current hash rate
excluding the DAO insanity xD
the EVM on counterparty will actually work with the existing CP assets, so it's far from seperate. this is actually and advantage because for ethereum contracts to work with a different token then eth it needs to be coded into the contract or if multiple contracts want to be interoperable they need to agree on a standardized contract for the tokens (afaik).
CP already has a standard in place on how everyone should/could be dealing with tokens because we already have the base layer of assets
also if you read around the Symbiont chats enough you should have picked up that they no longer want to be tied to counterparty and visa versa and instead only want to be seen as individuals who work on an open source project.
first last [10:59 PM] Does counterparty has any actual competent project leaders that commit 100% of their productive time to research and development of counterparty itself (not the projects that use counterparty created tokens)? If not and the project operates on some bounty programs, than I consider this project close to dead.
Harri [11:31 PM] first last, Etherem is sand box for Bitcoin
first last [11:41 PM] The counterparty token does not reflect the potential value something that counterparty supposdly should offer to the market. There are only two reasons to explain this: 1. The market is stupid, doesn't understand why counterparty backed by the security of bitcoin blockchain should have value. 2. The market isn't stupid and it sees what is going on, lack of commitment, founders moved to other projects. Which one is true. This is what I'm trying to understand here.
rubensayshi [11:43 PM] both?
Robby Dermody [11:47 PM] regarding commitment, we (I, the board, and several other devs) are in the process of revitalizing the project. I won’t try to convince you on what that means — I think the results will speak for themselves a few months down the road. your #1 is largely the case I think because we’ve done a poor job raising awareness of the project (which works well, today, unlike many other projects). that is under change as well (just last week we put together our outreach team and had our first meeting a few days ago). so I won’t make a bunch of empty promises, but things are definitely headed in the right direction
rubensayshi [11:48 PM] tbh the current protocol has enough features and is stable. if you need tokens on a secure chain then the current version of CP without any development is probably sufficient for a project to use it and never need much change to it?
EVM enables advanced features to be added loosely for people who want it to enhance their current tokens. other people who just want smart contracts but on the bitcoin blockchain.
Harri [11:48 PM] sounds like both are/have been situation, but mean that if it can solve then counterparty is good investment/not even near dead?
rubensayshi [11:49 PM] I agree with Robby that I think counterparty has drifted to the back of peoples mind too much and they now look to do simple token things on ethereum I hate people calling counterparty a good investment, it's a good protocol / product to use if you need tokens.
I don't care about it being an investment or not. and you're guaranteed that it will be there as long as bitcoin and remains secure even if usage would decline instead of grow, if you use counterparty for having a secure decentralized token protocol you won't really care because it's stable and will keep all its properties as long as bitcoin doesn't die.
Harri [11:53 PM] for me it is investment because it is only reason why i have come for cryptos and for counterparty, so used that word. I havent any skills to code etc. Maybe someday hope to start some project around Counterparty or make last one ready if that is someday possible with Counterparty, but its not atm thing for me. but yes it is good protocol / product :slightly_smiling_face: and now things have go much more forward than what was situation few months ago and that is great.
rubensayshi [11:57 PM] also the EVM enables us to loosely add more features through smart contracts, things as complex as the DEX could probably be added as a (big) smart contract. and because the underlying token layer provides a standard for everyone it's easy to have interoperability.
though as we've already seen with the first big smart contract last week, the DAO, it can contain bugs and then it's immutable lol
Robby Dermody [12:01 AM] also on the dev front, I’m in the process of updating and streamlining the toolset — for instance yesterday I took counterblock to python3, in the next few days I’m revamping the build system to be much easier to use and more useful, then I’m going to be revamping the documentation organization and working with others to make better getting started resources for both users and devs.
Counterwallet is in the process of getting much needed updates and improvements — we’ve recently ordered the tasks to work on, and are starting to knock those down P2SH support and some other updates will be hitting develop here in the next few days, and ( @rubensayshi can correct me if I’m off) should hopefully be able to go live on mainnet in 4-6 weeks time
the outreach group will be working to help get this news out there, and raise awareness of CP through our connections with several journalists. it’s run by myself, Trevor, David Allen (who has done this same thing for Gems, LTB, etc) and Matt Young. most of the team has solid marketing and PR-type experience (and we’re open to 1 or 2 more additional members) we’ll be releasing an update shortly with all of this information
first last [12:31 AM] Thanks for answering, Some questions about the potential of counterparty. I see 3 major potential use cases for counterparty. Prediction markets, DEX, IOT. All of them demand some kind of lighting implantation in order to offer high speeds and maintain some decentralization. Will/can Lighting network be used by counterparty? Also what are your thoughts about rejection of counterparty by some of the bitcoin core devs, calling the transaction as spam? Will counterparty have to move to a sidechain? If so, it will probably be less secure. Are there any plans to get the core devs of bitcoin on board with counterparty, as they probably see the potential of ethereum. If ethereum surpasses the market cap of bitcoin than bitcoin will become irrelevant even as a store of value. At least with counterparty bitcoin has a use case, with ethereum bitcoin has no value.
Robby Dermody [12:36 AM] Regarding lightning, @rubensayshi can provide more info here, but AFAIK some CP support should be possible (if @rubensayshi doesn't, I will be looking into it/doing that implementation after this tools work)... Here is some work storj did recently around CP and micropayment channels: https://github.com/f483/picopayments the upcoming p2sh support makes that possible
GitHub F483/picopayments picopayments - Counterparty micropayment channels
F483 [12:36 AM] still doing not done yet
the main probem with counterparty is it doesnt support multiple inputs/outputs in a single tx so two way channels as wcith lighting are not possible, however two unidirectional channles are possible
Robby Dermody [12:38 AM] The rejection from core devs is old news. That was the case in early 2014, (and is still the case with a few, probably). Everyone will have the opinions on embedded consensus, bit CP I think has shown a lot of value to Bitcoin, and we intend to show more. Also, there is really no risk on any kind of censorship of Bitcoin tx... That ship has sailed
(Last I heard, Chris DeRose was even working on lukejr coming around :smile:)
F483 [12:40 AM] @robbyd: I would gladly work with you guys on getting picopayemnts more tightly integrated into counterparty
Robby Dermody [12:40 AM] @f483: we can address that limitation, especially if it impedes lightning network dev
a first step would be removing that limitation
currenly I am implementing this protocol design https://github.com/F483/picopayments#protocol
GitHub F483/picopayments picopayments - Counterparty micropayment channels
Robby Dermody [12:42 AM] @counterpartybitcoin: cp will not have to move to a side chain... That's a big value to it... It runs on Bitcoin mainnet. That won't/shouldn't change in the future, although that's not to say that it couldn't run on a side chain as well possibly, in the future
F483 [12:44 AM] with multiple inpuits and outputs lighting network should be able to be implemented with a design similar to https://github.com/Storj/storjspec/blob/mastestorjlib/micropayments.md#bidirectional-trustless-micropayent-channels
GitHub Storj/storjspec storjspec - Storj protorcol specification and compatibility tests.
im not sure if the whitepaper of lightning network is now updated to use the new opcodes
Robby Dermody [12:48 AM] @f483: would you possibly be open to working on a PR to add multi input/output support to cp-lib? I'd or @rubensayshi would be happy to go over the relevant internals with you, if so
F483 [12:48 AM] im not sure if I have the time for that I currently work full time with storj
rubensayshi [12:48 AM] I've taken a few hours in the past to see how doable it wouldbe though on protocol level it shouldn't be hard the codebase is very biased towards single input / single output
F483 [12:49 AM] helping with micropayments would work as our intrests overlap, but im not sure if going further would be viable for us. i mostly code in the trenches and such decisions are made highr up ...
Robby Dermody [12:50 AM] @rubensayshi: agreed about the single input/output bias...
rubensayshi [12:51 AM] though it's probably the 1 feature that would be at the top of my list cause it enables atomic swaps with a specific person, atm only the DEX enables atomic swaps
F483 [12:51 AM] has the p2sh PR found its way into the main repo yet, or whats the eta on it? yeah I would say its high prio, atomic swapts are pretty nice
rubensayshi [12:52 AM] I rebased it yday
F483 [12:53 AM] nice
rubensayshi [12:53 AM] we gotta make a plan on how to release it testnet first and then mainnet etc
Robby Dermody [12:55 AM] I was planning on merging it into develop this week (everyone feel free to run through the diff again)....the mainnet block is way off in the PR... We can run it on testnet, then at some point (a few weeks, once we get some more validation??), set the mainnet release block and do a new release of the software? (edited)
F483 [12:59 AM] I can checkout your PR later and run my tests with it, see if its still ok
Robby Dermody [12:59 AM] Optimally, I'd like to get the p2sh support in counterwallet ASAP, and reach out to the community to mess around with p2sh multisig via cw... We'd get the best testing, realistically (in addition to the devs mucking with it)
F483 [12:59 AM] ^ this
rubensayshi [1:00 AM] tbh we maybe should reach out to some people who are in production and discuss their testing strategy, because it looks to me like many people either aren't testing or testing on mainnet judging by the activity on testnet.
I think the EVM safeguard discussion is also boiling down to this
F483 [1:01 AM] yeah sometimes I feel only my transactions are on testnet ...
Harri [1:32 AM] sounds pretty good Robby and Ruben, nice work
F483 [1:55 AM] @robbyd: @rubensayshi if we want micropayments to be included in the api I can change the picopayments api to be better suit for that and submit it as a PR instead of being a stand alone project. from there we could evlove it into a more lightning network like protocol once cp supports the needed features
rubensayshi [1:57 AM] atm my focus is mostly on the EVM, but I do think that it would be really nice of we could have an easy way for people to do payment channels with CP and if we have it build into cp-lib then we could also consider it the defacto standard and add support for it to counterwallet
F483 [1:58 AM] I think that would also be in our intrest, as more users = more bugs found/squashed etc
and it is general purpose and in now way limited to storj I think keeping it in picopayments is good for now until I have implemented. Then when it works move it over in a way that makes sense I think I need some basic additional calls that are not exposed (get utxos for address, get rawtx for txit) but I may be able to work around that, not sure yet. (edited)
Robby Dermody [2:30 AM] @f483: that sounds good to me. I would like for your work to see wider use in counterparty-lib if it’s possible… CP really needs this functionality and it makes sense to pull from something already working, especially since that is written in python as well (given the normal caveats about the code styles matching (aiming towards pep8), unit tests, etc …but all of that is rather simple…)
F483 [2:31 AM] yes I agree, I code python 2/3 code and am using pycoin internally to parse/sign etc I try to get 100% coverage and my build fails on lacking pep8 currently no auto travis builds though as I need a local branch for p2sh and a local bitcoind client but as soon as p2sh makes it to the public dev servers I will use them for unit tests
Robby Dermody [3:00 AM] pep8 is rather easy with autopep8 (to at least take care of all the annoying whitespace issues)
Robby Dermody [4:04 AM] ​regarding P2SH:​ p2sh will be merged to develop in a few days and after a few weeks of testing in develop it will go live on mainnet. feature live on mainnet: we’re aiming at 4-6 weeks.
F483 [4:12 AM] I think I should also have working micropayments by then and can start working on a PR for cp-lib, good timing!
rubensayshi [4:15 AM] yea, after the EVM I really want to do auto formatting on the whole codebase to make everything pep8 but it ruins the git history a lot cuz our codebase is pretty ... meh so need a moment when there's not too many outstanding branches open
submitted by phanpp to btc [link] [comments]

Kinda hard question for newbie

Let's imagine a situation: a dude pays me and offers to reduce the transaction amount by a commission. I'm of course a little shocked, well, I tell him that put the minimum commision, it will crawl. and here it hasn't come for this minimum wage for 11 days. and in the mempool, the transaction is stored for a maximum of 14 days. and then I understand that I will be left without anything at all, and I have no trust in the dude. tell me, can I turn cpfp for him if his RBF function is not activated? that is, I do not need to rely on the settings of my counterparty's bitcoin wallet if I am greedy with commissions and then, if I am not at all lucky, I "push" it through cpfp? and if I did cpfp, then is the first part of the transaction considered updated, which knocks down its 14 day timer or not?
submitted by siegsage to Electrum [link] [comments]

The Can Only Be One Global Currency.

A. With automation and billions of people joining the global market, more jobs are moving online. People are becoming freelancers. They will be paid to preform micro tasks. Some call this transition as the 'gig economy'.
It wouldn't make any sense to use local currencies, because of conversion fees and added inconvenience. For the global market to operate properly, a stable, trustworthy global currency must be in place.
B. In the new emerging economy Bitcoin has the opportunity to take the role of the global currency. Roughly speaking, this the market bitcoin is aiming to overtake:
Broad Money (includes coins, banknotes, money market accounts, saving, checking and time deposits) : $80.9 Trillion
People will be able to use it for regular needs but also as a store value for a long term. It should provide a real alternative to Gold: $7.8 Trillion.
C. The reality where machines can operate autonomously and transfer value between themselves, is only achievable using smart contracts. Machines will own themselves and you will only pay for operating costs, no company will be able to compete with autonomous self-owning machines.
With the invention of smart contracts, it means that machines can transact between themselves, they can own a wallet, they can pay money to other machines for services, they can rent themselves for the highest bidder.
For example, if a car owns itself, you, the consumer, will only have to pay for the operating costs of the car. No middle man will take a cut for the service, you will get all the benefits of owning a car without all the burdens that come with it.
Now, because there will always be some people that prefer to pay a little extra to ride a new car, it will enable the new cars to pay the manufacturer fee in order to become financially autonomous in the future.
When fees are paid in full by the consumers, the manufacturer will have bigger profit by selling it to an autonomous corporation, that operates on zero profit, rather than selling it for parts. The same model can scale to factories and if you want to go a step further to smart cities.
According to Cisco the internet of everything has a $19 Trillion potential.
http://ioeassessment.cisco.com/learn/value-stake-analysis
Each time you'll purchase something, you'll automatically become a shareholder in that company and will receive dividends. You will be able to rent, trade and split ownership on the most secure blockchain, bitcoin blockchain.
Apps will manage your portfolio on a decentralized exchange. Each and every purchase will become an investment opportunity. People worry about automation. They think there will be no jobs in the future. Jobs will move into creative domain. Creativity, imagination and attention will be extremely valuable.
The maintenance of our biological existence will be cheap, because of how resources will be managed by machines. Most of our time will be spent in VR. Work will become play. Money will be a way to manage attention of others, because attention is a scarce resource. Propagation of information, or culture, will have a price tag.
If one wishes to advertise their ideas and values, one will have to pay directly for attention. The way I see it, the new dynamic will be that of creating of ideas, designing VAR, being paid for creativity, being paid to create tools that can minimize the lag time between imagination and reality, and being paid for attention, to listen to the ideas, to participate in different worlds - to play.
As we're moving in to AVR. Bitcoin will provide the necessary layer of digital scarcity. A layer that will enable people to create fungible digital assets. That means, that all digital goods will be attached to digital assets and treated as commodities.
All commodities will be traded on a decentralized exchange backed by the most secure blockchain. Centralized solutions will be too unreliable and too expensive. Other blockchains will not be able to compete with the network effect and security of bitcoin blockchain.
D. A scarce resource, such as bitcoin, derives its’ value from the utility it provides. The more use cases Bitcoin has, the higher the value it will have.
Bitcoin will not hard fork in order to include the complex smart contract capabilities. Hard forks are extremely risky, community splitting, and should be avoided at all cost. Sidechains would never be able to provide the security of the main blockchain simply by design.
Peter Todd: “(Merge)-mined sidechains have some really ugly security issues; your funds can be stolen in a reorg attack. Embedded consensus systems like counterparty are as secure as the Bitcoin blockchain. “
What about colored coins?
“There's a lot of stuff that's better done with the much simpler colored coin technology, but equally, there's a lot of stuff colored coins just can't do for technical reasons. In short, if you want to play around with Ethereum-style smart contracts in a decentralized system, you need a token of value like XCP.”
https://www.reddit.com/Bitcoin/comments/2m30j6/counterparty_recreates_ethereum_on_bitcoin/cm0mdpz
The only rational solution is to build on top of bitcoin.
Jeff Garzik: "Counterparty already implemented Ethereum lang on top of Bitcoin block chain. Zero changes or forks required of bitcoin."
https://twitter.com/jgarzik/status/603784205571600384
Counterparty proved to have a solid track record since 2014. No bail outs, no pre mines, ico/ipo nonsense. The whole “move fast and break stuff” philosophy doesn’t work when you’re dealing with money.
Soon smart contracts will be introduced into bitcoin ecosystem without compromising its’ security. There will be no reason to risk your money in an insecure environment when you’ll be able to use smart contracts at the highest security possible.
Unlike other blockchains, counterparty actually being backed by bitcoin security. When value is transferred on Counterparty, Bitcoin must be used for fees.
Each transaction that is made on counterparty platform is adding value to bitcoin. All Bitcoin addresses are XCP addresses. Counterparty already has a decentralized exchange and a powerful asset management platform in place.
I think the majority of people here understand what it means to have a decentralized exchange that can eventually scale and make centralized exchanges completely obsolete.
All Things will become connected to a super cloud. This will eventually replace internet services (such as google and facebook).
With the super cloud we will be able to overcome the dangers of data centralization and replace the business model of advertising, privacy abuse, and outdated intellectual property laws, with frictionless micro transactions.
Storj, a technology that uses counterparty platform, is the beginning of that.
You’ll be paid in micro transactions by simply renting the bandwidth and disk space of your stuff. Micro payment solution will open the door to all the things I’ve mentioned and more, and it is being implemented as we speak.
Assets that can be attached to digital and non-digital commodity, a robust decentralized exchange, micro payments that can scale to manage the new emerging economy and the super cloud, all of that are tools that are being built on counterparty platform today.
A positive feedback loop, with which each additional layer that is built on top of bitcoin, will increase its’ network effect, and thus get it closer to position itself as dominant and most trusted currency there is.
E. We are in the very early days of crypto. Nothing is decided yet.
Let me say this the first currency to dominate the smart contract market will become the default global currency.
There is no reason not to use a currency as regular money and use a different type of crypto for smart contracts. This will just create unnecessary complexity which the market will go against sooner than later.
The path of the least resistance always wins. The crypto that provides what the market needs will win and will be used for ordinary transactions as well as store of value.
If ethereum dominates the new emerging market it will be used for all the things bitcoin was supposed to be used. Calling bitcoin gold and ethereum oil is nonsensical.
In fact, Coinbase, a company that is funded by ‘smart money’, already treats ethereum as a currency.
The whole facebook/myspace comparison already became a cliché, but it has a grain of truth to it. Willing to admit it or not, Ethereum is in direct competition with bitcoin.
In the end of the day, no matter if we're called bitcoin maximalists or not, make no mistake about it, there is only room for one global currency.
TL:DR This post is a summary of the previous discussions I've had here. In short, Crypto-Diversification is a myth.
submitted by numberswords to Bitcoin [link] [comments]

[Hiring] General Web Developer @ Tokenly Inc.

Hello Developers of Reddit! We are Adam B. Levine, founder of the Let's Talk Bitcoin! show and CEO of https://tokenly.com, and Nick Rathman, lead developer and Tokenly co-founder.
We're getting ready to launch our first consumer product bringing non-currency tokens (tokens on the counterparty/bitcoin blockchain and using alexandria.io and IPFS for metadata blockchain and distributed storage) to the non-crypto masses at http://early.token.fm
We're looking for the right self starter to join our seasoned development team at this exciting time..
You are: mature, self directed, product focused and detail oriented. Not too snarky and able to work 100% remotely.
You are based in north american time zones and speak English at native level.
You are excited to engage as part of the team via slack and video chat, and you're satisfied by the prospect of building something useful to non-crypto people today, and then maybe they become crypto people tomorrow.
You see blockchains, tokens, and cryptocurrency generally as a very powerful tool that should be applied where it adds the most value and the least inconvenience/cost/complexity.
Your skill set:
Terms Full Time (part time negotiable for the right candidate)
Compensation: Negotiable Monthly Salary (Bitcoin or USD) & Equity Vest/Stock Options
If this sounds interesting, send me a private message here on reddit and tell us about your experience both as a developer and specifically in cryptocurrency. Please share a project or two you've built. We will be conducting interviews to fill this role the week of May 22nd
Thanks for your time and attention, we look forward to speaking with you soon.
submitted by cryptonaut420 to Jobs4Bitcoins [link] [comments]

[Hiring] General Web Developer @ Tokenly Inc.

Hello Developers of Reddit! We are Adam B. Levine, founder of the Let's Talk Bitcoin! show and CEO of https://tokenly.com, and Nick Rathman, lead developer and Tokenly co-founder.
We're getting ready to launch our first consumer product bringing non-currency tokens (tokens on the counterparty/bitcoin blockchain and using alexandria.io and IPFS for metadata blockchain and distributed storage) to the non-crypto masses at http://early.token.fm
We're looking for the right self starter to join our seasoned development team at this exciting time..
You are: mature, self directed, product focused and detail oriented. Not too snarky and able to work 100% remotely.
You are based in north american time zones and speak English at native level.
You are excited to engage as part of the team via slack and video chat, and you're satisfied by the prospect of building something useful to non-crypto people today, and then maybe they become crypto people tomorrow.
You see blockchains, tokens, and cryptocurrency generally as a very powerful tool that should be applied where it adds the most value and the least inconvenience/cost/complexity.
Your skill set:
Terms Full Time (part time negotiable for the right candidate)
Compensation: Negotiable Monthly Salary (Bitcoin or USD) & Equity Vest/Stock Options
If this sounds interesting, send me a private message here on reddit and tell us about your experience both as a developer and specifically in cryptocurrency. Please share a project or two you've built. We will be conducting interviews to fill this role the week of May 22nd
Thanks for your time and attention, we look forward to speaking with you soon.
submitted by cryptonaut420 to forhire [link] [comments]

ASIC Proof Mining

If your like my team then you invested a ton of money into GPUs and CPUs for Bitcoin mining early on before the ASICs dominated the market. If your also like us then you have switched to doing Altcoin mining since last April and now with the Scrypt ASICs this year you find your self in the same situation where you cant turn a profit. Well we have the next generation of mining for us all. The best part is it is SHA-256 and Scrypt ASIC proof. HOW DOES IT WORK? Instead of mining a coin directly, simply point your GPUs at the [email protected] network developed by Stanford university by downloading their FAH client. What this program does is uses your computer research to help fold proteins for scientific research. No configuration like CGminer or anything else is needed. This program is very well put together and straight out of the box. HOW DO YOU GET COINS THEN? The way Stanford has this setup is you create a user name and you choose a team that you would like to fold with. You are then given credits for the work you do. Now these credits do not mean anything for the folders at [email protected] rather they are for bragging rights as you can see a list of all credits awarded on their stats page and you can see where you stand. Well with the counterparty Bitcoin 2.0 project that has recently been released you are able to build new coins on top of the Bitcoin network that already exists. The benifits of this is unlike altcoins that are subject to attacks and difficulty fluctuating all the time, your coin that you create on counterparty is actually secured by the Bitcoin network itself. What FoldingCoin.net will do is create a coin using the counterparty protocol and distribute them weekly to every participant in the FoldingCoin Team. Please go to folding.stanford.edu for information on the project and go to foldingcoin.net for information on the coin. Lets get these GPUs back to work!
FoldingCoin.net - FLDC is the token name on counterparty.co
submitted by PookTwo to altcoin [link] [comments]

AXA, part owner of Blockstream, and the insurer with the biggest derivatives exposure, also issues "catastrophe bonds" which would pay out in the event of climate change or "large mortality events, such as a pandemic outbreak, regional or world war, nuclear explosion or disaster, or terrorism event"

http://www.artemis.bm/blog/2014/10/21/axa-reported-to-be-readying-new-mortality-catastrophe-bond/
http://www.bing.com/search?q=Axa+sells+biggest+euro+%27cat+bond%27+&go=Submit+Query&qs=bs&form=QBLH
https://duckduckgo.com/?q=axa+climate+change+cat+bonds&ia=web
I don't know much about "catastrophe bonds" yet, and I'm not sure what their significance may ultimately turn out to be.
But I do know that every derivative, including a "catastrophe bond" (or "cat bond"), is basically a financial "bet" between two parties.
So this means that AXA is now in the business of actually helping companies place "bets" on climate change and other major disasters.
Of course, AXA will tell you that they're merely doing this to "mitigate risk".
But remember, every bet has a winning side and a losing side.
So AXA is now offering financial "betting" instruments allowing one side of the "bet" to make money off of "large mortality events, such as a pandemic outbreak, regional or world war, nuclear explosion or disaster, or terrorism event".
Do you want a company like AXA, the insurance company with the biggest derivatives exposure, which now also offers "catastrophe bonds" to let investors profit from global disasters, to also be influencing Bitcoin development by paying the salaries of Blockstream developers?
I know I don't.
The vast unregulated $2.1 quadrillion global derivatives casino is so sprawling and complex and opaque that nobody even knows anymore who owes what to whom.
Seriously. According to Forbes magazine, even the Fed is no longer able to figure out if a US bank is bankrupt or not - because of derivatives:
http://www.forbes.com/sites/stevedenning/2013/01/08/five-years-after-the-financial-meltdown-the-water-is-still-full-of-big-sharks/#43930ad45474
And in the shadowy world of shell companies and the Panama Papers, it's impossible to tell who owns what anymore.
People who closely followed CDOs (collateralized debt obligations, which were one of the main culprits in the 2008 financial meltdown) may have heard about Magnetar Capital - a hedge fund which Goldman Sachs used in order to bet against its own toxic derivatives:
https://duckduckgo.com/?q=goldman+magnetar+site%3Anakedcapitalism.com&ia=web
Meanwhile, Bitcoin is the opposite of derivatives. Bitcoin has no counterparties. Bitcoin is transparent.
And Bitcoin is about ending the tragic misallocation of capital caused by our current corrupt system of central bankers who print up their fantasy fiat money and hand it out to their friends so they can misallocate it on waging wars and destroying our environment.
The real "killer app" of Bitcoin could be to restore rational capital allocation to our irrational capital markets.
And this is the aspect of Bitcoin that is most terrifying to our fiat money masters. They want to be able to keep getting rich off of misallocating capital to destroy our world - and placing bets on the whole thing, while the planet burns down around us.
Bitcoin would put an end to their genocidal, ecocidal gaming and gambling.
Bitcoin is solid money with no counterparties, while derivatives are fragile instruments involving counterparties playing fast and loose in an unregulated casino which almost destroyed the world's financial system in 2008, and could do so again in the near future.
Bitcoin developers should have no involvement with AXA - a company which would be instantly bankrupt if it weren't being artificially propped up by the "fantasy accounting" of derivatives, and which is now in the business of helping investors bet on - and make money on - global disasters.
submitted by ydtm to btc [link] [comments]

So i was on ZeroHedge today, and saw a comment on one of the Bitcoin Articles posted there.

Link to ZH Article
http://www.zerohedge.com/news/2015-04-30/first-blythe-masters-now-goldman-investing-bitcoin
Direct Quote from one of the commenters:
"Mt. Gox is completely irrelevant. It's like some gold bugs being swindled for storing their gold remotely at a vault that rehypothecated their deposits and went bust. It's like comparing MF Global to all the other brokerages. When you hold your wallet at a service like Mt. Gox, you still bear personal responsibility for doing your own due diligence on that counterparty. BitCoins are glorious for transacting online, and I can't wait until a more easily anonymous coin gains traction. Anyone who has tried to buy things online without being personably identifiable knows the banks have you by the balls."
submitted by BitKrow13 to dashpay [link] [comments]

Japanese 'BitGirls' Show Brings Blockchain Voting, Cryptocurrency to TV

This is an automatic summary, original reduced by 79%.
A new cryptocurrency-inspired television show called BitGirls will air on Tokyo MX TV this fall.
The Japanese show features an interactive blockchain voting platform and a girl group crowdsale.
Japanese TV Show BitGirls to Air on Tokyo MX TV. The first season of the show features three young women from Japan.
The show also provides subtitles in both English and Chinese, in hopes that the subject of cryptocurrency will entice investors.
The BitGirls show hopes to succeed both in Japan and internationally.
Traders can purchase tokens with Counterparty, bitcoin, ZAIF, and XEM. What do you think about the Japanese BitGirls TV show? Let us know in the comments below.
Summary Source | FAQ | Theory | Feedback | Top five keywords: BitGirl#1 show#2 tokens#3 Japanese#4 air#5
Post found in /technology, /Bitcoin, /Buttcoin, /btc, /CryptoCurrency and /BitcoinAll.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Raise funds to take a man named Ken, put him in polka striped clothes and let him walk around Tokyo.

Raise funds to take a man named Ken, put him in polka striped clothes and let him walk around Tokyo.
Item Reference: KEN001
If you want to fund or work on this project you are welcome to post in this thread.
COUNTERPARTY/BITCOIN ADDRESS: 187pCPTAH9UTto2XGdGyDXrkdbdhmWBFbV
Reply to the following below:
Contact us at Twitter: @Bitcointime
More projects here:
Bitcoinmeetups.org
This project is listed on Bitcointalk:
This project on Bitcointalk
submitted by MountBlanc to Bitcoin [link] [comments]

Fear the thought. BCY could actually take top spot on Polo in the next 3 weeks!!

Only green basically in a sea of red on the alts in Polo at the moment. This on the back of news that Channel 4 has partnered with EDS on SOG. Big plus for Counterparty, Bitcoin and mainstream adoption. Smallest download on channel 4 game is 50K and the top at 2 million.
submitted by phanpp to btc [link] [comments]

Mike Novogratz’s Bitcoin Investment Firm Announces Conditional Approval for Listing on Toronto Stock Exchange. Trading desk executed approximately US $1 billion of total volume in the most recent quarter, including flows from significant new hedge fund counterparties.

submitted by olahdonat3 to CryptoCurrencyTrading [link] [comments]

Where within the app, is my GetGems Address located?

Am I missing something? I don't know where the counterparty/bitcoin address for my GetGems app is located. OR, how do I top off my GEMZ?
submitted by Lookeeloo to GetGems [link] [comments]

[bitcoin-dev] RBF Pinning with Counterparties and Competing Interest

submitted by gambpang to chibitdevs [link] [comments]

Bitcoin Whale's Bad Trade Leaves Counterparties Holding the Bag

Bitcoin Whale's Bad Trade Leaves Counterparties Holding the Bag submitted by h_lance to Buttcoin [link] [comments]

"A few months after the Counterparty developers started using OP_RETURN, bitcoin developers decreased the size of OP_RETURN from 80 bytes to 40 bytes. The sudden decrease in the size of the OP_RETURN function stopped networks launched on top of bitcoin from operating properly."

Some info on how Core/Greg Maxwell ended Counterparty before it could get started.
Several years ago, there was a conflict between Counterparty and bitcoin developers. Counterparty was using Bitcoin’s OP_RETURN function which enabled anyone to store any type of data in transactions. By using OP_RETURN Counterparty was able to operate as the first decentralized digital asset exchange using blockchain technology.
A few months after the Counterparty developers started using OP_RETURN, bitcoin developers decreased the size of OP_RETURN from 80 bytes to 40 bytes. The sudden decrease in the size of the OP_RETURN function stopped networks launched on top of bitcoin from operating properly. As a result, Counterparty had to move away from the OP_RETURN function and other blockchain projects which were initially planned to launch on the Bitcoin protocol.
https://coinjournal.net/vitalik-buterin-never-attempted-launch-ethereum-top-bitcoin/
The very approach of Ethereum towards smart contracts and Solidity’s so-called Turing-completeness to be used by EVMParty have also been subject to criticism from bitcoin maximalists. In particular, Gregory Maxwell of Bitcoin Core said that the platform’s imperfection consists in including unnecessary calculations in the blockchain, which may apply significant load on the network. Eventually, such approach may slow down the blockchain. Finally, calculating on a blockchain is expensive. Maxwell believes that bitcoin developers’ approach towards smart contracts is way more flexible as it records only confirmations of calculations.
https://busy.org/@gugnik/bitcoin-minimalism-counterparty-to-talk-with-bitcoin-in-ethereish
Feel free to share if you have anything to add. I always remember Gmaxwell getting triggered everytime Counterparty was brought up. He would seemingly go out of his way to tear it down if a post even resembled reference to it. Sadly I don't have any of these other example on hand.
submitted by bchworldorder to btc [link] [comments]

A simulated strategy has no collateral. No collateral keeps Bitcoin Enhanced tokens, like Bitcoin, outside of the systemic and counterparty risks of the fiat system. It also lowers regulatory risk. We are following the lead of Bitcoin as a better way to grow value

submitted by anov996 to LitecoinMarkets [link] [comments]

Are you aware Bitcoin has a meme layer built on top of it? Counterparty was supposed to revolutionize the stock market, but instead it became the spot for rare memes such as Rare Pepes and Bitcorns.

submitted by wardedess to Buttcoin [link] [comments]

Shawn Wilkinson (CEO of Storj) explains why Storj is moving from Bitcoin (Counterparty) to Ethereum. This is what our current Core devs have led us to. We're making backward progress.

Shawn Wilkinson (CEO of Storj) explains why Storj is moving from Bitcoin (Counterparty) to Ethereum. This is what our current Core devs have led us to. We're making backward progress. submitted by BitcoinIsTehFuture to btc [link] [comments]

With All the discussion about OP_GROUP and Counterparty just remember: The problem with Bitcoin's blocksize was not the disagreement, it was the censorship.

Disagreement is part of any change, obtaining 100% support for any initiative is nearly impossible.
With all the discussion around Counterparty and OP_GROUP remember that the problem with Bitcoin Core was not the blocksize disagreement, it was the censorship and propaganda. This censorship, propaganda, and lies that could not be debunked led to a distorted perception of what the best path forward was. This distorted perception, led the way to miner deals, character assassination and ultimately stalling of Bitcoin Core by leaving it with an unviable only path forward.
The Bitcoin Cash community, supports open discussion which would allow the best way forward to be identified and achieved for Bitcoin (Cash).
submitted by btcnotworking to btc [link] [comments]

Tokens on Bitcoin & Counterparty - Dan Anderson June27-2018 CounterTools Bitcoin & Counterparty Wallet Counterparty : Bitcoin Raider  Blockchain Caffe - YouTube Counterparty Risk – How To Protect Your Bitcoin Counterparty XCP - YouTube

Takara wurde von Christian Moss, dem führenden Entwickler von MandelDuck, entwickelt und ist die erste Bitcoin-Geocaching-iOS-App, die Counterparty-Tokens unterstützt. Diese Partnerschaft gibt Spielern die Möglichkeit, mit der API von IndieSquare weltweit nach Bitcoin-Schätzen zu suchen und zu jagen. IndieSquare mit Sitz in Tokio bietet Entwicklern Funktionen zur Verwaltung digitaler Token ... Counterparty uses the Bitcoin blockchain to deliver our transactions, and we have a responsibility and a desire to be conscientious citizens of the Bitcoin community.. Counterparty, as a project, was closely modelled after Bitcoin itself.Counterparty had no ‘IPO’, and its development is entirely supported by community contributions. Counterparty. Counterparty ist eine neue Kryptowährung und hat eine eigene Plattform erstellt. Diese Kryptowährung soll den Bitcoin als Kryptowährung verbessern und erweitern in einer neuen und leistungsfähigen Art und Weise. Haben Sie auch Bitcoin verpasst? Ja dann gibt es hier eine neue Chance. Informieren Sie sich kostenlos zu neuen ... Counterparty smart contracts are Bitcoin aware and can also interact directly with Counterparty tokens. Lightning Network. Currently under development, payment channels support will allow rapid exchange of assets and are compatible with the Lightning Network. Asset Creation. Custom named assets can be created for a small anti-spam fee and numerical assets are free to create. Decentralized ... Counterparty is a platform built for Bitcoin to take advantage of the blockchain technology. It is a protocol consisting of an ensemble of financial tools, which users then utilize in Bitcoin. Blockchain technology helps Counterparty in publicizing and time stamping its messages. The Counterparty Foundation . The Counterparty Foundation is the brains behind the emergence and consistent ...

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Tokens on Bitcoin & Counterparty - Dan Anderson June27-2018

Counterparty Risk – How To Protect Your Bitcoin/ Cryptocurrency 1) Lost Bitcoin on crypto exchanges 2) Victims of MtGox, QuadrigaCX 3) How to protect your bitcoin and crypto 4) Risks of Crypto ... Support Bitcoin and Blockchain education in Atlanta, Bitcoin Donation Address: 38Wp2MYKne3mvUsCftPRycZegXPUJ86Eze. How could the counterparty risk introduced by custodial parties like Tether affect the security of Bitcoin and the cryptocurrency ecosystem at large? The first question is from the patron-only ... Counterparty, Colored Coins, NXT, Asset exchange, these are all regarded as some of the latest (working developments in the Cryptocurrency / Bitcoin communit... How were Counterparty's XCP Created? What is it to 'burn' Bitcoin? In this video, from the heart of the Wynwood district in Miami Florida, I explain the answers to these questions, and discuss the ...

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