The March of Counterparty - Highlights from Reddit AMA
Counterparty seems unstoppable these days. Its founders held a Reddit AMA yesterday to update the participants on several ground-breaking projects. AMA means "Ask Me Anything" - Reddit users can ask the host all sorts of questions about any topic. Many Bitcoin personalities have hosted Reddit AMAs to connect with a global online audience, including Julian Assange, Gavin Andresen, Chief Scientist at the Bitcoin Foundation, and the Blockstream team. Last month, in a keynote address at Inside Bitcoins Las Vegas, Overstock.com CEO Patrick Byrne announced a partnership with Counterparty to....
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Counterparty is a Bitcoin 2.0 platform. XCP is the native currency for Counterparty, a Bitcoin 2.0 platform that allows the creation of digital assets. The XCP price surged during the past two months due to several impressive announcements. First, Overstock CEO Patrick Byrne announced the company planned to build a decentralized stock exchange on top of Counterparty. More recently, the Counterparty developers successfully ported the code of Ethereum into Counterparty. However, the XCP price has declined for the past two weeks. Also Read: The March of Counterparty - Highlights from Reddit....
In reply to yesterday's announcement of Ethereum cloning by Counterparty, Ethereum's co-founder Joseph Lubin commented on a Reddit discussion. He said: "Ethereum will ultimately (March 2015 release scheduled) be more general, elegant and powerful. Ethereum, when released, will be 100% feature-free. Instead of providing a handful of hard-coded features, Ethereum is a decentralized application programming, deployment and utilization platform which will enable developers to build any 'features' they can conceive of." Lubin quoted Ethereum CCO, Stephan Tual, who said: "It went from 'ethereum....
Andrew Barisser of Assembly Coins makes strong arguments for building on top of the pure Bitcoin blockchain, rather than creating alternatives. Recently he wrote an open letter to Reddit, where he argued that Reddit should stick to a pure Bitcoin blockchain approach to building their planned cryptocurrency initiative, rather than going sidewise with alternative approaches. Now, probably prompted from the recent news about the Medici stock exchange that is being developed with Counterparty technology, Barisser wrote a post to criticize Counterparty. Also read: Andrew Barisser's Open Letter....
Fresh off the announcement of a new partnership with Overstock, Counterparty is announcing the founding of the Counterparty Foundation, a new non-profit organization. The Counterparty Foundation will be established with the help of Perkins Coie, a law firm that advises many cryptocurrency companies. The Counterparty Foundation will provide enhanced structure and services to the growing Counterparty ecosystem; something that Counterparty founders say has been a much-demanded feature. Also read: Medici Will Be a Real Bitcoin 2.0 Stock Exchange. Counterparty was founded by Robby Dermody, Evan....
Transcription: How many of you heard of Counterparty (github)? Awesome, wonderful, that's encouraging sign. How many of you have a Counterparty asset (counterwallet github)? Oh wow, I am in a good audience here. I thought it was more of a introductory course, but good. I want to try to teach how to use those assets and really start thinking what those assets mean. A lot of you are probably very depressed about the BTC price today but Counterparty is doing well and I think Counterparty is here to stay. I think there's a lot to Counterparty and I think the best way to really introduce us to....