Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
Matt Y
on 25/09/2016, 05:37:44 UTC
Quote from: altcoinrich on September 25, 2016, 04:48:47 AM
Quote from: Matt Y on September 25, 2016, 04:34:38 AM
Quote from: crotchsausage on September 24, 2016, 09:23:02 PM
Is it confirmed already that XCP will be used for EVM gas and burned?

Yes.

https://counterpartytalk.org/t/emvparty-discussion-gas-cost-for-contract-execution/2055/65

What does this mean? Will there be EVMparty token which is burned from xcp?

XCP will be burned to power smart contracts and prevent spam, thus decreasing the total supply of XCP over time. There will not be a new token that's burned in place of XCP. It's just XCP being burnt to execute smart contracts.