Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
panonym
on 05/01/2014, 23:46:33 UTC
feed-issuers have the added incentive of developing a reputation: the more often they maintain their feeds to the satisfaction of those who are betting, the more trusted they will become, and hence the more often betters will bet on feeds issued by them.
This betting system seem to rely on trust... That's a problem to me.
We can bet anything, but the feed output is under control of a single one.
Nothing stop him to feed the opposite of the true result of the bet.
Do I miss something?

OK I give up trying to install counterpartyd, I am too stupid to do that.
Don't lower yourself Wink
Hard at the beginning, but can work. [not done yet on my side, hopefully soon]
Start by adding txindex=1 in your bitcoin.conf, then do a bitcoind -reindex (this will take you +12h, that you will anyway need to do in the future to have full potential of your XCP)