Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
GeminiSimba
on 21/10/2014, 15:41:30 UTC
I'm trying to understand all this. What is the difference between counterparty and clearinghouse? And why would one choose one platform over another? Are they both compatible with btc? A good friend of mine told me to come here and check out clearinghouse, he said that is the platform his company is actively looking at implementing into their business (a gaming company) much like how overstock is doing with counterparty.

I just went to clearinghouses page and it says they are based off the counterparty protocol and also run on the bitcoin blockchain. In other words they are a counterparty clone without the exposure and interest of big companies. As far as which is better? Well if they are clones then from a technical standpoint both are pretty much the same, the big difference will be in the people who are the lead developers of the coin and also the "community" of the coin. In the case of counterparty, the CEO of Overstock specifically said in his speech that he went to a bitcoin conference, met the counterparty guys "randomly" and had such a good connection with the devs he decided on the spot that he wanted to work with them.