Hello!
I have been finding my self re-searching 2.0 protocols lately.
My first memory of Counterparty was when the "burn" was taking place. I thought it was a crazy idea at the time. It's nice to see the project is moving forward a year+ later.
So, as I keep reading through the previous forum posts and researching cases XCP being utilized, I do have one question.
Should I keep XCP on counterwallet mid to long term? What recourse or precautions can I take if the site goes MIA?
As long as you have your 12 word mnemonic phrase you always have access to your coins, even if the site goes MIA :-)
You can always retrieve your keys using
https://blockscan.com/tool_generatekey and or the just released chrome XCP wallet