So your solution is for everyone to use a webwallet?
And for those who don't want to use a webwallet they should just deal with it?
You like "counterparty on bitcoin" but why is that? What possible benefit does it have other than security?
You are forcing a trade of security for insecurity by running counterparty on bitcoin (security) but requiring everyone to use a webwallet (insecurity). You want to work with the bitcoin devs but what is the point in working with them on a solution and doing all this extra work to play nice with bitcoin if we are just going to be leaving them in the future?
We are all bitcoin supporters or were at one time. But blind loyalty is not helping. You can't just say "I want to stay on the bitcoin network because... BITCOIN 4 LIFE!!".
If you argue that moving CP off of bitcoin is the right move, but right now "would be premature"; Then you agree that it is the right thing to do in the future. If we should move it off bitcoin in the future, why aren't we moving it off now if it is strangling the spread of adoption?
If people could actually download and use the software we would have had such wider adoption and usage.
And "just wait for the webwallet" is not a proper remedy, but more of a band-aid.
On day 1 of a new coin release you are not supposed to have to:
- setup bitcoin daemon
- download a 13gb blockchain
- reindex it
- export keys
- import keys
- rescan
- reimport those keys again when it doesn't work properly
- rescan again
- etc etc
(For those who aren't aware, this is a two-day process unless you torrent the blockchain, in which case maybe an 6 hour process)
The idea that we will be forever paying a tax to our bitcoin overlords in the future for the backbreaking labor of carrying our financial transactions is sickening.For what, security? Really is that the only way we can secure our network? I think not.
Why do I have to buy BTC to use my XCP?
Does no one else see that as a major design flaw?
If Companies are going to issue Stock on the DEX - or merchants are going to hedge their received BTC payments - security IS a must. Merchants use Coinbase/Bitpay for their transactions - are they sacrificing security?
Deterministic Wallets are very secure - btw if you don't want to use a Web Wallet with Bitcoin - you do have to run BitcoindD or QT. Plus you are supporting the Network by running a Full Node.
Bitcoin was also hard to mine early on in it's development and you had to build from source I don't see why this should be any different. The reward is that you get to be an early investor - just like the people who Mined Bitcoins when the difficulty was low.
What do you mean by paying Tax? You are paying for transaction fees - everyone should pay this! Not to mention that they are minor for the advantages Bitcoin provides. The developer's are a different story - in this discussion so far, aside from a few people (Peter Todd) they have been overwhelming condescending, and in many ways unreasonable about things without any adequate logic supporting this. Nevertheless I think it's part of a development process and open-source community that you have to deal with people you don't really like and don't really agree with, and still progress to reaching some kind of understanding.