Actually I am gonna go away now.. not gonna get into this.
It's your choice to do it. I just shared
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The technical weakness of CounterParty is that Bitcoin can't verify the CounterParty transactions, thus there is no record of the consensus about which CounterParty transactions are valid:
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The technical weakness of CounterParty is that Bitcoin can't verify the CounterParty transactions, thus there is no record of the consensus about which CounterParty transactions are valid:
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the first part is true (Bitcoin does not validate Counterparty transactions), but it doesn't follow that there is thus no record of consensus. counterparty keeps its own "ledger in a ledger" that it assembles from decoding Counterparty protocol data payloads from any Bitcoin transaction that contains them, using the reference client code at https://github.com/CounterpartyXCP/counterparty-lib ,
it has been working well for over 2.5 years now
There is no longest chain rule Nash equilibrium if the miners aren't validating the CounterParty transactions.
You can dump that technobabble nonsense on the fools here, but you can't fool me.
Remember I warned about the failure of The DAO and the technical problems. Heck I told the founders of Ethereum back in 2014 this would happen.
Ethereum was working fine also, until the money honeypot was large enough and the breakage was significant enough, and then it was proven I was correct.
Nobody listens to an expert. So go ahead...
More discussion was here:
https://bitcointalk.org/index.php?topic=1518508.msg15283868#msg15283868
https://bitcointalk.org/index.php?topic=1518508.msg15284907#msg15284907
https://bitcointalk.org/index.php?topic=1518508.msg15371923#msg15371923