Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
Bitye West
on 03/02/2014, 00:34:01 UTC
Install bitcoin, install the counterparty client, place an order:

C:\counterpartyd>python counterpartyd.py order
usage: counterpartyd order [-h] --from SOURCE --get-quantity GET_QUANTITY
                           --get-asset GET_ASSET --give-quantity GIVE_QUANTITY
                           --give-asset GIVE_ASSET --expiration EXPIRATION
                           [--fee_required FEE_REQUIRED]
                           [--fee_provided FEE_PROVIDED]

GET_ASSET would be XCP and GIVE_ASSET would be BTC if buying XCP. Expiration is in blocks.

Submit, and wait for an order match. Then use btcpay to pay for the order.

There, completely trustless and decentralized.



So if I want to sell 800 XCP for 8 BTC I would place the following order:

C:\counterpartyd>python counterpartyd.py order
usage: counterpartyd order [-h] --from SOURCE --get-quantity GET_QUANTITY
                           --get-asset GET_ASSET --give-quantity GIVE_QUANTITY
                           --give-asset GIVE_ASSET --expiration EXPIRATION
                           [--fee_required FEE_REQUIRED]
                           [--fee_provided FEE_PROVIDED]

GET_QUANTITY is 8
GET_ASSET is BTC
GIVE_QUANTITY is 800
GIVE_ASSET is XCP

EXPIRATION is the actual block number I want it to expire at? example: 283905

What do I input for SOURCE, FEE_REQUIRED, AND FEE_PROVIDED?