Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance

Quote from: ElTomeko27 on January 18, 2015, 12:53:37 PM

Patrick Byrne talks with cointelegraph

CT: Will Medici only be working with Counterparty?

PB: No. There are two different projects. Medici is one product, and Counterparty is a different set of developers. They are not tied together, although they will have certain shared relationships.

CT: What and when is the first deliverable for Medici?

PB: The technology platform that would allow us to issue a crypto-security and have our own crypto-coin, we can finish in Q1 [first quarter]

So what is the XCP role in this project??

Counterparty lets anyone create their own crypto-coins/tokens/assets and trade them without ever using XCP (only BTC transaction fee). Counterparty is much, much more than just XCP. And only Overstock can comment on this further. The devs are under contractual obligation to not say anything without the approval of Overstock.

Quote from: jrmg on January 18, 2015, 01:02:23 PM

Was smart contracts copied from Ethereum or write own?

https://bitcointalk.org/index.php?topic=850070.msg10191605#msg10191605

Factom come under Counterparty not MSC? One of good news? 3 day ago mastercoin dev wrote in msc thread factom is coming to MSC.

Counterparty smart contracts use the Ethereum virtual machine (same programming language, 100% compatibility), but the port of that onto the BTC network and Counterparty platform itself is original. And yes, Factom will be on Counterparty.