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    Author Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread  (Read 1277620 times)
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    lonsharim
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    October 22, 2014, 10:29:22 AM
     #9701


    The same as Counterparty keep BTC same BTCdrak(dev) keep burned Viacoins

    Counterparty no keep BTC, that "destroyed" to address what anyone cant use. Viacoins "burned" coins go back for developers pockets.

    So Counterparty Team can't use that BTC from burning process??

    That is correct, the Proof of Burn address is unspendable, no one has its private keys

    https://blockchain.info/address/1CounterpartyXXXXXXXXXXXXXXXUWLpVr

    For each transaction to this address during the burn period, a certain number of XCP were alloted to the sending address.
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