Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
Bitcoin++
on 26/06/2014, 08:48:58 UTC
The ability to create an asset, distribute pieces of it to various parties, then pay distributions/dividends on profit or income to the pieces of said asset, as shown in this video: https://www.youtube.com/watch?v=eyzA5Lj1ajM

Dividends may even find a (perhaps unintended) use as address alias. Say I create a token called MYNAME. I issue only one share and keep it to myself.

Instead of handing out my bitcoin address, I tell people my asset name instead. It is easy to remember and to type in. To send me bitcoin you need to pay me a dividend. Right now that's too practical, but say that a wallet program automates this.

For example, in the "Pay to" field in Electrum you could insert either an address or a token name. Perhaps the token name could be of format [TOKEN]@XCP. This would truly make bitcoin the email of money.