Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
nonlinearboy
on 21/01/2015, 01:58:43 UTC
Can someone explain medici?

Medici is to stocks and shares what bitcoin is to money.

edit: bitcoin with a lower case b, as both use the Bitcoin network.

So it's like asset exchange on Next? Forgive my ignorance

Counterparty has its own asset exchange. Medici brings regulatory compliance, user interfaces, professional services, off-chain stuff, etc., so that users can trade shares of public companies, e.g., (on Counterparty) legally and easily. Counterparty is the primary technological platform; Medici is an application and service. (Think Bitcoin/Coinbase.)

So the counterparty tokens are linked directly to this correct? Thanks for everyone who has answered me

XCP should be the cheapest and easiest crypto to trade with on any platform built on Counterparty for almost any reason.
agreed for that,
I like the xcp and POB.