Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
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
Can we calculate the scalability then? Like calculating the XCP inflation rate against the burning costs for deploying a smart contract on top of Counterparty. Would be interesting to know.
From your link:
Quote
The first thing that comes to mind as the simplest solution to the "XCP running out" problem is to set a gas rate that's directly proportional to the remaining supply with the lower limit set to 0.00000001 XCP and rounding to the nearest 8 decimal places.
What will be the starting price then? How much XCP is needed for creating (1) a short and (2) a long smart contract?
Thanks a lot!
