Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
+1
Transparency is really important here.
- Publish the BTC and XCP collected somewhere !!
Transparency is really important here.
- Publish the BTC and XCP collected somewhere !!
I agree.
Quote
- 2.5% is waaaay too much (I seem to be alone here) 100BTC daily trade won't last and soon if another exchange adds XCP, you're dead in the water.
I think it is fine, today's volume shows it is not an issue. I don't think any exchange will take XCP soon, as it is much different then adding a bitcoin-based altcoin, so I think it's OK to charge a premium for the time being.
The faster the payback of lost coins, the better! (But I am biased, I lost BTC!)
I'm in agreement here. Permit me to summarize the last 30 pages of this thread:
1) Bug in the protocol allows a hacker to steal 80 BTC from an exchange.
2) Community freaks out, insisting that the exchange write off some of that loss.
3) Community continues to freak out over fees which are instated to recover part or all of the loss.
What businessman in his right mind would add XCP to his exchange under those circumstances? You and I are in this because XCP represents a revolution in crypto. Exchanges are in this because trading XCP means making a profit. The current alpha quality of the code, along with the community response (at first being on Busoni's side, then turning against him when he doesn't comment on "taking a haircut" on his loss), makes XCP far too speculative, in its current form, for any rational exchange to accept.
Plus, why? We have the world's first DEX--why not use it?
Because most of the kiddies here wanted to see this on an exchange and on coinmarketcap. Their wish has been granted, and now they are complaining like a bunch of french girls. 'I gambled with WEEKS old code, on a WEEKS old exchange, and now my money is gone'. And they seem surprised. Incredible. Just don't play with daddy's toys, man up, take your loss, and we can all move on. Hopefully you will get wiser next time, but this is what you get for being a greedy guinea pig. But thanks for exposing the bug
