Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
fractastical
on 22/06/2014, 15:31:33 UTC
These posts, although unpleasant, are also necessary to learn and grow. If we don't understand what we are doing wrong we will continue to do so.

One of the main differences between Nxt and XCP is that NXT has a central lead, someone who is directly responsible and invested in the success of the currency. With XCP no one person is any more invested than the next. We all stand to gain and lose just as much as we invested.

NXT has someone to say "hey, this is a problem, so we are going to do this". Where as XCP doesn't have that central lead or authority. This was the decision of the developers to create a grass-roots free-growing enterprise and only the future will tell how it all turns out. I don't support this model and in the past I have voiced my opinions on the subject so I wont rehash them. It's also important to understand that NXT isn't limited by outside factors (BTC). NXT lives and dies by its own decisions. It is not arbitrarily limited or denied (OP return anyone?) by external forces (BTC developers). The initial XCP developers chose to attach this project to BTC for certain reasons and it was their right to choose so.

Really good points. I assume that Swarm will rapidly become the largest single holder of XCP, so we are very strongly incentivized to see XCP grow.  I have lot of ideas about how this can be done, and invite anyone interested in the future success of Counterparty to contact me individually. (joel a t swarmcorp dot c o m)

Quote
Hard to argue with that.

Agreed.