Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
warriraj
on 24/02/2014, 17:31:41 UTC
Cross-post proposal for protocol change: https://forums.counterparty.co/index.php?topic=132.0

+1 for XCP escrow replacing the unwieldy BTC fee system entirely!

Glad to see progress is being made on this.

One suggestion I have is: make the XCP escrow a fixed amount of XCP instead of a percentage. Calculating percentages is frustrating for people and adds an additional barrier to using the DEX--this has been demonstrated by the many questions in this thread about how the BTC fees work.

It is much easier/more intuitive for the seller to calculate a percentage himself and use that as the fixed XCP escrow amount than the other way around.

Does that mean I should have XCP balance to use DEX?