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June 24, 2014, 09:38:52 AM |
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Just collecting basic answers and facts for OP or for a wiki. Please modify, erase, complete, and help !
The 1st post on thread and homepage on website should have EASY TO UNDERSTAND paragraphs on each below:
1) What is counterparty ? [ in tech and easy speak]
For people who are dissatisfied with centralized financial solutions and institutions, Counterparty is a peer-to-peer financial market which provides a medium for secure transactions that do not require a trusted third party. Unlike Wall Street, we have assembled a free to use software platform that allows everyone access to financial instruments that were previously cost prohibitive or not available.
eg. A
eg. B
eg. C
2) Why should I be interested in counterparty ? [with real and potential simple examples]
Non economical Fundamentals : + top devs (competent, publicly known AND totally honnests, remember how they handled losts, paid from their own pockets) + unique technology, + First Proof of Burn, means the most fair and optimized distribution, with no instamine or premine possible + gigantic market (Assets, CFD...) + unique community, + betting function, betting site perfectly working : xbet.io, + No direct competitors + Private + blockscan + Code inspected by XXX
Financial + Only 2M coins. It will never rise (On the contrary with burnings for assets) + XCP is already a success and already made 4X + First big IPO with Swarm - X,000 BTC + X assets, and growing. List of (real) assets here : + Trading with XCP on the distributed exchange is (and always will be) cheaper and 700 % faster than with BTC + You can use only XCP for making bets, CFDs and asset callbacks. Forthcoming complex features and financial instruments will also likely be restricted to denomination in XCP. + All future proof-of-stake voting, e.g. for protocol changes, voting functionality, DACs, etc. is determined by XCP holdings.
So Will XCP > 100$ ? The main mantra is XCP is tied to BTC, the leader, which is going mainstream now. CP is the next logic natural step, not Litecoin, nor Peercoin, nor any substitute.
Why only 2$ now ? - Never had marketing actions. Only starting marketing actions. link to the last news and events : - Prefer to focus on Technology until now. - Wallet online and not on windows for the moment. Perfectly working but a huge psychological hurdle for almost every investors ("Not really owning my money it can disappear"). Nxt made 3X as soon as Windows was effective.
3) How do I buy XCP ? [ past[proof of burn,etc] & present way ]
4) How do I store XCP ? [ simple explanations of the 3 wallet types and again why one may need the entire bitcoin blockchain & qt ]
5) A quick outline of future plans for Counterparty including other ALT blockchain links, etc, etc
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