Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance

Some of our community members have expressed concerns that Bitcoin Core may be modified to prevent Counterparty from working in future versions down the track.

Is this a genuine concern of just FUD?

That is FUD. There are many ways to store Counterparty data in the blockchain. It's not leaving any time soon, no worries. Everything is stored in the blockchain, and cannot be changed or manipulated without manipulating the blockchain itself.

That's right. It's pretty much impossible to prevent Counterparty from using Bitcoin, because of the many ways in which Counterparty can store data in the blockchain.

BTC has strong incentives to prevent/penalize "parasitic" data in its un-prunable blockchain.

Just for the record, Counterparty transactions are prunable from the Bitcoin blockchain.

Thanks for that valuable information. XCP is a most tempting hedge against ViaCoin, but I worry about the arms race between BTC and XCP.

If XCP used a more welcoming and suitable, less hostile blockchain, I'd pull that trigger so hard the truck would back itself up! And I hate mixed metaphors.