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Showing 8 of 8 results by ghosthardware
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Topic
Board Altcoin Discussion
Re: could monero replace bitcoin soon?
by
ghosthardware
on 17/07/2015, 16:11:54 UTC
I don't think it will supplant BTC's top spot anytime soon, but I do think the two will peacefully coexist.
 
Post
Topic
Board Altcoin Discussion
Topic OP
Monero QT wallet?
by
ghosthardware
on 17/07/2015, 15:57:54 UTC
http://digitalnotetalk.org/sites/digitalnotetalk.org/files/media/deposit_1.png

I took this screenshot from another crytonote coin. It looks good but the userbase is low compared with Monero.
Last I tried to download monero there was some dependency issues on osx, and it was command line only on the official download. I tried the site but got no luck. Is there any official noob-friendly QT wallet available with familiar interface like this one for Monero?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
ghosthardware
on 13/06/2015, 22:03:58 UTC
@ghosthardware , the news article you posted on UBS is impressive! Wow. That could be a game-changer if they're experimenting with XCP? The article doesn't say that but it can certainly be interpreted like that.

As for thegrid.io, I know about it but can't see the relevance to XCP?

Anyway, thanks for the excellent posts! Much appreciated.

Thegrid accepts bitcoin already for membership. They hand out NFC asset tokens right now for founding members on their paid signups. See screenshot


http://i.imgur.com/G6miI3P.png

With XCP they can issue assets for any member on their platform in conjuction with taking a btc payment for instance (they currently have around 45,000 members)

http://www.crowdfundinsider.com/2014/10/52009-ex-googler-launches-pretail-campaign-a1-grid-web-design-platform-sleeker-alternative-wordpress-dragondrop-wix-ensures-output-elegance/
https://www.linkedin.com/pulse/why-grid-game-changer-eric-haley

Bear in mind this is no official statement or confirmation. Purely a speculative heads up. Anyone could have issued that asset. Just piecing 2+2 together here.

It's actually disappointing that it only went up as much as it did on volume that's still so low. We'll see what happens in the coming days.
Well, Symbiot faith is not 100% ties to XCP, I heard xnova said that their startup consults about blockchain solutions, not specifically about Counterparty.

Right, but the success of symbiont (involving whatever combination of platforms in whatever configuration) grants the ability to leverage a 'greater' vision, one which you might expect the ones architecting said vision to involve their first construction (counterparty) in the final design - CounterParty might be now a brick to symbiont's block but in turn the symbiont block (built with counterparty amongst others) could be imagined as a larger block boosting counterparty to higher floors in the next build.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
ghosthardware
on 13/06/2015, 20:46:37 UTC
 if you're a speculative investor who likes to keep a finger on market pulses this could have some connection..

Quote
"We're also working on private blockchains and 'known' networks, as we think that might be a better application of the technology for some institutions. The idea with smart securities is that the battery comes included: to create contracts that can act on the blockchain autonomously, from issuance and corporate actions to decentralized secondary trading, clearing, settlement and transfer."
Smith says the early target is illiquid securities and funding activities — including both traditional venture-capital and crowdfunded private-equity transactions, as well as other applications like merchant banking, intercompany funding, and syndicated loans. The firm is already integrated into multiple tier-one banks' development programs and blockchain pilots. Many are focused on smaller use cases that don't already have processing intermediation in place, relying instead on spreadsheets and fax, and at least a few should be implemented by year's end.

https://bitcoinmagazine.com/20836/ubs-bank-experimenting-smart-bonds-using-bitcoin-blockchain/

Quote
Smart-bonds are one of the first publicly confirmed technologies the Swiss banking giant is said to be exploring since the launch of The innovation Lab in April to explore how blockchain technologies could improve the banking sector. The creation of the lab came after the publishing of an extensive report about the benefits of the blockchain by the international bank.

When the report was published, UBS Group CIO Oliver Bussmann told the Wall Street Journal, “I believe – and this is my personal view – that blockchain technology will not only change the way we do payments, but it will change the whole trading and settlement topic.”

Or this..?

http://i.imgur.com/osClu9V.png
https://www.reddit.com/r/Bitcoin/comments/2io7pi/new_artificial_intelligence_thegridio_by_exgoogle/cl4m2fg?context=3
https://thegrid.io/team/
http://blockscan.com/assetInfo/THEGRIDTEST
Post
Topic
Board Altcoin Discussion
Re: Is CounterParty (XCP) severely undervalued?
by
ghosthardware
on 13/06/2015, 20:37:23 UTC
http://i.imgur.com/RPHRlK8.png

Last week, while everyone was Reddit arguing over the block size non-issue, a rather substantial piece of news slipped under the radar.

 Symbiont Raises $1.25M Seed Funding from Former NYSE CEO for ‘Smart Securities’ on the Blockchain

As Bitcoin Magazine reports:

In March, Bitcoin Magazine reported that Counterparty founders had joined with MathMoney f(x) and its founder Mark Smith as co-founders of the new fintech company Symbiont

Quote
Symbiont has announced that it has secured $1.25 million of seed funding from influential financial market leaders including Duncan Niederauer, former CEO of the New York Stock Exchange (NYSE). A ‘Series A’ round of institutional investment is expected to close in the third quarter of 2015.

So why is this a big deal? Anyone who follows Counterparty would have seen this post on March 10: Announcing Symbiont – Building the Next-Generation Platform for Financial Markets

From that blog post:

Quote
With the approaching release of the Turing Complete smart contracts system on mainnet, we are at the point where less work needs to be done on the core protocol and more on tools and services that make use of it.

Symbiont is our next step in that direction. Because Symbiont’s technology platform will be based around Counterparty, the core Counterparty technology will remain open source, and will benefit from the greatly increased resources and sustainability this change brings.

We’re all very excited about the potential positive impacts not only to Counterparty, but to the blockchain’s adoption in the systems that power modern finance…

And then on March 31st, this was released: Symbiont Creates Ripple Gateway for Counterparty XCP

Quote
"Symbiont.io, the blockchain based FinTech startup bridging the gap between mainstream finance and crypto-financial technology, has announced its first product: a Ripple Gateway for Counterparty, over which XCP, Counterparty’s native currency, or any other Counterparty asset may be sent.

“Symbiont is proficient with all of the most advanced technologies in crypto-finance, and is always ready to use the right tool for the job. With this marriage of the Counterparty and Ripple networks, each benefits from compatibility with the other, and the whole is greater than the sum of its parts,”…

In summary, Symbiont is working with all of the leading technologies in crypto-finance (so others besides Counterparty too such as Hyperledger, Ripple, Sidechains. Being that the founders of Symbiont are also the founders of Counterparty, we would expect a large number of their projects to be XCP based. They also have an intimate knowledge of the technology, being that they built it.

For anyone who doesn’t know the intimate inner workings of Counterparty, here is a fact worth knowing (in regards to scarcity):

Quote
XCP is the fuel for smart contracts. When smart contracts are running, fuel is used for each execution step. Appropriately enough, this fuel is burned (destroyed). This means that the supply of XCP is continously decreasing. However, the cost of fuel adjusts proportionally as the supply of XCP goes down, so that it cannot reach 0

So how does this relate to pumps and dumps? While everyone was busy fucking around with worthless alt coins, investors who look at the fundamentals and pay attention to worthy news, were busy accumulating XCP.

It’s pretty clear, with the XCP price near all time lows the last few months, that anyone who believes in the Counterparty technology should have been taking advantage of the sale. With a $1.25m seed round from very prominent investors, and a Series A coming in Q3 (estimated), Symbiont has plenty of funding and backing to pursue a variety of Counterparty based projects. The XCP all time high spike was caused by the Medici news, which was far less significant than the recent news regarding Symbiont, and the relationship they have with Counterparty. Granted, that ATH spike was definitely attributed to some FOMO from the simultaneous BTC bubble, we see at least some upward movement from here. We don’t have a target, don’t care to make one, aren’t investment advisers and don’t give investment advice.

Quote
"We're also working on private blockchains and 'known' networks, as we think that might be a better application of the technology for some institutions. The idea with smart securities is that the battery comes included: to create contracts that can act on the blockchain autonomously, from issuance and corporate actions to decentralized secondary trading, clearing, settlement and transfer."
Smith says the early target is illiquid securities and funding activities — including both traditional venture-capital and crowdfunded private-equity transactions, as well as other applications like merchant banking, intercompany funding, and syndicated loans. The firm is already integrated into multiple tier-one banks' development programs and blockchain pilots. Many are focused on smaller use cases that don't already have processing intermediation in place, relying instead on spreadsheets and fax, and at least a few should be implemented by year's end.

https://bitcoinmagazine.com/20836/ubs-bank-experimenting-smart-bonds-using-bitcoin-blockchain/

Quote
Smart-bonds are one of the first publicly confirmed technologies the Swiss banking giant is said to be exploring since the launch of The innovation Lab in April to explore how blockchain technologies could improve the banking sector. The creation of the lab came after the publishing of an extensive report about the benefits of the blockchain by the international bank.

When the report was published, UBS Group CIO Oliver Bussmann told the Wall Street Journal, “I believe – and this is my personal view – that blockchain technology will not only change the way we do payments, but it will change the whole trading and settlement topic.”
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
ghosthardware
on 13/06/2015, 20:17:13 UTC
http://i.imgur.com/RPHRlK8.png

Quote
It’s pretty clear, with the XCP price near all time lows the last few months, that anyone who believes in the Counterparty technology should have been taking advantage of the sale. With a $1.25m seed round from very prominent investors, and a Series A coming in Q3 (estimated), Symbiont has plenty of funding and backing to pursue a variety of Counterparty based projects. The XCP all time high spike was caused by the Medici news, which was far less significant than the recent news regarding Symbiont, and the relationship they have with Counterparty. Granted, that ATH spike was definitely attributed to some FOMO from the simultaneous BTC bubble, we see at least some upward movement from here. We don’t have a target, don’t care to make one, aren’t investment advisers and don’t give investment advice.

By the way, can someone please make a decent charting website for XCP?

Disclaimer: We are long XCP. While everyone was out chasing unicorn dust in alts, we have been accumulating XCP.


For further analysis: http://[Suspicious link removed]/cYyGrU


Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
ghosthardware
on 10/06/2015, 23:46:20 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
ghosthardware
on 10/06/2015, 23:34:49 UTC
What is stopping me from modifying the Counterparty installation on my system to provide all of the same functionality without burning XCP?

The network effect. It would be a one person party that's implementing updates from the real dev team. Wink

I'm still not clear on this.  Let's say I'm a company that wants to create an interface for smart contracts.  Why can't I modify the counterpartyd instance running on my server to execute smart contracts without burning XCP?

As already answered: Network effect.

The question is akin to asking why you can't modify the bitcoind instance running on your server to process transactions without debiting BTC, whilst you CAN do it, you will need to convince the super majority of users to agree that that's a good idea.

XCP acts as a anti-spam token, and an economic reward, if you tried to create your fork you would really just end up switching it to an XCP alternative token to fulflll those functions. Your newly created tokens properties (distribution, adoption, upside potential of continuing to hold or hoard) would have to match or usurp the previous

http://www.prnewswire.com/news-releases/symbiont-smart-securities-funding-announcement-strategy-300096175.html

Quote
Symbiont 'Smart Securities™' technology secures backing by an all-star lineup of financial leaders
 
NEW YORK, June 9, 2015 /PRNewswire/ -- Symbiont, a pioneer in the creation of Smart Securities on the blockchain, has secured $1.25M of seed funding from influential financial market leaders. Early investors include Duncan Niederauer, former CEO of the NYSE Euronext; Matt Andresen, founder of the Island ECN and trading head at Citadel; Getco, LLC founders Dan Tierney and Stephen Schuler through Wicklow Capital; Scott Carmilani, Chairman and CEO of Allied World Assurance Company; and Celeridem FinTech Fund. A 'Series A' round of institutional investment is expected to close in Q3 2015.

The new company is seeking to eliminate many of the inefficiencies and opaqueness that have developed on Wall Street by utilizing the speed and security of cryptographic distributed ledgers known as blockchains to enable faster markets that are more efficient, and exhibit lower costs with increased liquidity, transparency, and security.

The development of Smart Securities promises to transform the way that issuance, trading and settlement takes place in the capital markets. By making programmable versions of traditional securities available on a distributed ledger, the platform will allow institutional and retail users to issue, trade and process a range of instruments more efficiently in a single, global, decentralized and distributed peer-to-peer financial network.

"Symbiont is bridging the gap between Wall Street and the emerging blockchain ecosystem. It's an exciting, timely and much-needed development for the long-term health of the markets," said Niederauer, Managing Member of 555 Capital and a member of the Symbiont Board of Directors, for whom this is the first investment in the bitcoin ecosystem.

"This is a once-in-a-generation opportunity to leverage this previously unimaginable technology for the greater good of investors, financial institutions, and global financial markets," said Mark Smith, co-founder and CEO of Symbiont. "The blockchain not only has the potential to democratize markets but to drive down the cost of doing business across all sectors."

Interest in the use of blockchain technology is growing rapidly with the realization of its importance in the creation of trusted networks to more rapidly and cost-efficiently trade and process financial transactions.

Symbiont was formed as a combination of MathMoney (fx) and Counterparty, creator of the Counterwallet deterministic web wallet, which was founded in 2013. Smith is joined at Symbiont by co-founders Robbie Dermody (President); Evan Wagner (MD, Operations); and Adam Krellenstein (CTO).

The issuance of the first Smart Securities is expected later in 2015.

About Symbiont
Symbiont is bridging the gap between the emerging blockchain ecosystem and Wall Street. They are developing a platform that allows financial market participants to create programmable versions of traditional securities that take the form of SMART SECURITIESTM: self-executing digital contracts that are stored in a distributed ledger called a "blockchain". The platform will allow users to issue, manage, locate, and trade smart securities™ efficiently in a single, global, peer-to-peer financial network.

SOURCE Symbiont


Great news on the seed funding. It's reassuring to see devs working diligently in the background moving forwards on true 2.0 tech despite some of the recent perceived setbacks. CounterParty team never rests on their laurels or tries to take the easy route.

The magnitude of the potential of this technology is hard to grasp for a layman. On a zoomed out view once you see where the trends are inevitably going pieces start falling into place. I'm Excited to follow the progress of the formal A funding round and also very pleased to see the first issuance should also happen this year

For those that don't know Symbiosis (from Greek σύν "together" and βίωσις "living") is close and often long-term interaction between two or more different biological species. The aptly named Symbiont seems to strategically place itself as a bridge between emerging novel 2.0 superstars. CounterParty is one of the chief foundation/building blocks where it makes total sense to use as smart contract vehicle, asset registration system for private debt, kickstarter fundraising and more.

CounterParty adopters are in the minority of altcoin market particpants following a mature project which pushes the envelope whilst many dinosaur coins are still cloning litecoin source, coming up with a story about how their coin will be the next bitcoin with a marketing campaign and calling it a day. IMO that was the teenager phase. CounterParty is clearly in adulthood and targeting big-boy markets. It means we might well be in it for the long haul but as this is new ground with previously unattainable market share the potential rewards are far greater. Smart contracting and p2p marketplaces could revolutionize finance as we know today and counterparty is right now one of the premier candiates to take advantage of it's prime position. On a long term view a market cap of $2.5 million dollars for this ecosystem is peanuts.  It reminds me of bitcoin at dollar parity, and I can't help comparing it to a deflated air-ship- there is so much room to grow it's not even funny.  A recent article sums up the direction well.

Quote
"We're aiming for a generic platform that is agnostic to underlying distributed technology, so not only Bitcoin but Ripple, Ethereum, Hyperledger, and a proprietary stack built around Counterparty are all in play," he says. "We're also working on private blockchains and 'known' networks, as we think that might be a better application of the technology for some institutions. The idea with smart securities is that the battery comes included: to create contracts that can act on the blockchain autonomously, from issuance and corporate actions to decentralized secondary trading, clearing, settlement and transfer."
Smith says the early target is illiquid securities and funding activities — including both traditional venture-capital and crowdfunded private-equity transactions, as well as other applications like merchant banking, intercompany funding, and syndicated loans. The firm is already integrated into multiple tier-one banks' development programs and blockchain pilots. Many are focused on smaller use cases that don't already have processing intermediation in place, relying instead on spreadsheets and fax, and at least a few should be implemented by year's end.
Symbiont aren't alone, with many others in the space crossing over to blockchain work now, but Smith argues there are "maybe three or fewer firms" in the industry that have both the financial understanding and technical expertise to do it right.
"Most people entering now are trying to execute on things like how to 'tokenize' a security, on that plane of the learning curve, which we were doing two years ago," he says. "Though that's an interesting process, to us, the real value proposition in convincing an institution to rip out systems, and change protocols, must go well beyond that."


ShapeShift.io has released the first-ever cryptocurrency exchange app for iPhone. Buy or sell Counterparty XCP instantly and on-the-go with the ShapeShift App.

Download the app: http://apple.co/1FU6Njm

Learn about the app in this Forbes article: /1dtZqVX]http://[Suspicious link removed]/1dtZqVX

NOTE: ShapeShift will be adding their Android app soon. Stay tuned!

http://i.imgur.com/MxVBuMjl.png

Thank you. Made a purchase today using it! Works extremely smoothly. Even stored the XCP directly on the phone like BTC before moving to counterwallet -
which you can't do with some of the other coins as there is no iOS wallet yet
Was waiting for something like this