Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
We don't hold any physical gold.
All gold is held at the Custodian company.I will add this question to the FAQ as well. Thank you!
We are working on delivering "Proof of Custody" which will include insurance against theft and custodian loss. These centralized features already exist with most precious metal custodian services. However, we do believe that this service can be decentralized as well: Custodian Drone Storage Machines!
All gold is held at the Custodian company.I will add this question to the FAQ as well. Thank you!
We are working on delivering "Proof of Custody" which will include insurance against theft and custodian loss. These centralized features already exist with most precious metal custodian services. However, we do believe that this service can be decentralized as well: Custodian Drone Storage Machines!
How will you prove that the custodian holds the gold to back every coin?
How does this insurance work? Will there be an independent insurance contract between the coin holder and an insurance company? Which insurance company?
Custodian Drone Storage Machines?
