Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
What about requiring the issuer to put collateral (xcp) into the system. For example: I issue LTC within Counterparty and have to put up xcp worth the amount of LTC that is bought from me. This would make the system more safe/reliable and boost the demand for xcp.
Funnily enough, I just posted a similar idea in the main Counterparty forums.
+1
@xnova, thanks for your post above. Any comment form developers on the collateral idea? Ad- and disadvantages? Posibility of implementation?