Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
porqupine
on 23/03/2014, 01:29:05 UTC
Quote from: baddw on March 23, 2014, 01:20:35 AM
Quote from: Luke-Jr on March 22, 2014, 11:24:19 PM
Quote from: samperi649 on March 22, 2014, 11:17:10 PM
Wait for Zerocoin to boot BTC out.
You prefer an altcoin that requires centralised trust, over a decentralised Bitcoin? Smiley

Decentralized Bitcoin, which requires getting the permission of ~15 powerful individuals in order to have transactions confirmed; transactions which fully comply with the existing Bitcoin specifications and implementations?

Since OP_Return was reduced to 40 bytes right before the release of .9, Counterparty is currently using Multi-sig (which was supposed to be deprecated) which is undesirable for reasons aforementioned by Peter Todd. On the other hand I do not think I've seen anyone present a line of technical reasoning as to why OP_Return 40 is alright while OP_Return 80 is undesirable.