Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
dexX7
on 07/06/2015, 12:12:05 UTC
I love the counterparty project but I think Overstock and others went for colored coin because

4) Nasdaq will use Open Assets

My very best guess: the news about Nasdaq and Overstock might be connected.

I tend to believe it makes sense to use a colored coins like system for plain settlement, due to the much lower overhead, compared to global consensus systems such as XCP. It's clear that this comes with significant limitations though.