Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
techo051
on 18/03/2014, 20:21:30 UTC
I really don't think 5 XCP is a big price to a serious issuance now. the problem is just that it is burnt. However, even there will be 10k assets, 50k XCP is still a small part of 2.6M. Moreover, the fee can be reduced later when XCP appreciate a lot.

Please don't low the fee too much and otherwise there will be a lot of rubbish asset names.

I completely agree. BTT I think what you are doing is interesting but I don't understand why you need to issue assets with unique names. If someone wants to redeem a silver coin what difference does it make which one they send to you for redemption?