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by barisser 4271 days 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

2 comments

Quite 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.
Why didn't you join Overstock, why only Robby?
Counterparty isn't an altcoin. All XCP transactions are BTC transactions.