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It's an exciting prospect to trade financial assets on a decentralized, trustless network. Definitely the right direction. But I'm not psyched about having to
by barisser 12y ago
It's an exciting prospect to trade financial assets on a decentralized, trustless network. Definitely the right direction.
But I'm not psyched about having to think about Counterparty's internal XCP currency, even if it isn't used for most purposes. It's an annoying barrier to have to transact in an altcoin to access certain functionality.
Other implementations use pure Bitcoin only, and are much less overwrought with complexity than Counterparty: https://coins.assembly.com https://coins.assembly.com
- PhantomPhreak 12y agoQuite generally, Counterparty functionality that requires the use of XCP simply can't exist on platforms without their own currency. That's why it's there.
- jc123 12y agoWhy didn't you join Overstock, why only Robby?
- TylerE 12y agoCounterparty isn't an altcoin. All XCP transactions are BTC transactions.