Product and Service Updates March 17, 2014Our goal will be to offer daily updates on our new Asset Backed Coin services on a daily basis with the Counterparty Community. If there are importnt questions the community demands of us, please do ask us these questions. Our mission is to build a reputable service that can increase the value of XCP holders.
Thank you JahPowerBit for his impressive BootleXCP wallet workWe would like to thank
JahPowerBit for his amazing wallet work with BootleXP and his upcoming wallet launch. We have forked our own BTT_XCP version of the wallet to create an Asset Trading Wallet. You may check out our initial
Repo fork here. We have scaled down the wallet functionality to essentialy focus on digital asset sales and physical redemption. Yes. Our trading wallet is ugly as it is our first born. however, we think asset trading is immensely difficult and we will be looking to incrementally add new wallet features that benefit dumb, lowest barrier to digital asset trading. If you have any thoughts/criticisms, we warmly welcome them.
If you like JahPowerBit's work, please donate to his efforts. We have donated 150XCP in thank yous!Proof of Donation here:
http://www.blockscan.com/address.aspx?q=1AJh4ADaYTNvMJidWz5aUetqnmdeiNSySEBitcoinTangibleTrust welcomes our First Counterparty Community Gold BuyerA Counterparty community member reached out out to us to explore diversifying their holdings into our digital Gold Coins. We are working with the buyer get started on our purchase and proof of custody process. As we are new, we are moving slowly to ensure they are comfortable and in control. With their permission, we will also document the transaction in the threads on Bitcointalk and the Counterparty Forums. We will be conducting this purchase at zero fees to establish initial credibility and reputation for our value proposition. If you'd like to work with us on a trial basis for a small gold order, please PM us. We'd love to work with you today as BTC prices continue to fall and Gold continues to rise!
Temporary Counterparty Issuance Fee ReductionWhy is a temporary reduction in Counterparty fees important to the Counterparty ecosystem? It reduces the cost of business model testing for companies seeking to build on the Counterparty protocol. With our first customer above, we are forgoing all our XCP issuance fees to help them launch their first digital coin purchases with BitcoinTangibleTrust. The reduced counterparty fees will make this and other marketing promotions less costly so that we may survive before our burned XCPs run out while searching for a business model. We support the community in the issue of SPAM assets and expect that our use of noninteresting names will be disincentive for Spammers to hoarde asset names. We look forward to an implementation of Proof of Stake voting as the new method for fee issuance.
Our ASK for Community help today At Bitcoin Tangible Trust, we are looking for global reputable Gold and Silver Sellers, Custodians, outside the USA, who will accept BTC. If you know of any website or contact you think is reputable, will you please PM us with your insights and introductions? Thank you to the community members who have already shared their resources so far.
Thank you Counterparty Community,
Thank you Counterparty Devs
Bitcoin Tangible Trust Team
