Counterparty Implements Multisignature Addresses and Free Numeric Tokens
Counterparty, the open source, community-driven, peer-to-peer financial platform built on top of the Bitcoin blockchain, announced that its developers have successfully implemented Bitcoin multisignature address handling. Multisignature addresses are addresses associated with more than one private key and require m of n keys in order to spend funds. This enables enhanced security, since private keys can be stored on separate machines, as well as advanced features, such as sharing an address and its funds with team members, family or company management. Also read: How a Bitcoin Transaction....
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Counterparty, a free and open source platform offering powerful P2P financial tools, recently announced its successful implementation of multisignature addresses. According to the information available on its blog, Counterparty has decided to release this feature upon reaching the block 333,500. Alongside the multisignature address feature, the company is also planning to offer free custom tokens. Earlier, it used to charge 0.5 XCP for the same. What are Multisignature Addresses? Multisignature addresses is an additional layer of security for ones' cryptocurrency wallets. In normal cases,....
For everyone confused by the drama surrounding certain blockchain projects this week, it might be time to take a break and look at some alternative platforms – starting with Counterparty. As examples of what the platform can do, Bitcoin.com asked Trevor Altpeter and other members of the Counterparty Foundation to name their favorite projects built using....
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....
Amidst bitcoin's disruption of the online payments industry, heated debates over pending regulations and the slow and steady expansion of bitcoin ATM locations, it can be easy to lose sight of the widespread impact bitcoin, and more importantly, the technology behind it, is making beyond digital money. In yesterday's roundup, we gave a broad-scale overview of Crypto 2.0 with insight from the emerging sector's major players. Today, we'll look at the recent news in the space to illustrate how this sector of industry is seeking to move bitcoin forward. Counterparty launches multisig....
One of the major news items (so far) this month has been Overstock.com's plans to launch a crypto stock exchange named Medici. As part of those plans, the online retailer (which begun accepting bitcoin at the beginning of this year) hired developers from Counterparty to make the exchange platform happen. Counterparty is a peer-to-peer, decentralized platform that allows its user base to "create and trade their own tokens for bitcoins and XCP," in addition to speculating and hedging against currencies, commodities, and more. And they're planning to aid in their own future growth with the....