Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
What is stopping me from modifying the Counterparty installation on my system to provide all of the same functionality without burning XCP?
The network effect. It would be a one person party that's implementing updates from the real dev team.
So the Counterparty protocol checks to make sure XCP was burned when scanning for transactions?
Yes, something is in place to make sure XCP is burned in transactions where it's required.