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The competition is mounting

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biophil:

--- Quote from: luckybit on March 20, 2014, 06:04:27 pm ---
--- Quote from: biophil on March 20, 2014, 12:31:57 pm ---Just a friendly PSA: Counterparty (XCP) just started beta-testing their new "counterwallet" thing https://testnet.counterwallet.co/#, a web wallet that will take XCP from being a crappy alpha-quality command-line hacker gizmo to being the world's best trustless IOU and betting platform.

--- End quote ---
It's not trustless. They don't even allow for collateral. If they backed issuance by collateral so people who buy the token don't have to worry about being scammed or people not redeeming then it could work.

--- End quote ---

What I meant was that their distributed exchange is completely trustless, but of course you have to trust an asset issuer that their asset is what they say it is. Are you implying that BitShares ME will have trustless collateral?

luckybit:

--- Quote from: biophil on March 20, 2014, 12:31:57 pm ---Just a friendly PSA: Counterparty (XCP) just started beta-testing their new "counterwallet" thing https://testnet.counterwallet.co/#, a web wallet that will take XCP from being a crappy alpha-quality command-line hacker gizmo to being the world's best trustless IOU and betting platform.

There are a couple businesses that have already started issuing some kind of shares on XCP, and Adam B. Levine is planning to issue his new coin on Counterparty as soon as the web wallet actually works.

TL;DR: Counterparty is building momentum.

Go get 'em, bytemaster!

--- End quote ---

It's not trustless. They don't even allow for collateral. If they backed issuance by collateral so people who buy the token don't have to worry about being scammed or people not redeeming then it could work.

Right now Counterparty is just a hacker toy in testing phases.

JakeThePanda:

--- Quote from: BldSwtTrs on March 20, 2014, 12:41:20 pm ---Meanwhile MSC, after 7 months of nothing, just delivered a half working BTC/MSC exchange.

Mastercoin is so funny.

--- End quote ---

To be fair, Bitshares is closing in on 5 months with no product.  From what I understand, the initial BitsharesX launch will also be a watered down version.

BldSwtTrs:
Meanwhile MSC, after 7 months of nothing, just delivered a half working BTC/MSC exchange.

Mastercoin is so funny.

biophil:
Just a friendly PSA: Counterparty (XCP) just started beta-testing their new "counterwallet" thing https://testnet.counterwallet.co/#, a web wallet that will take XCP from being a crappy alpha-quality command-line hacker gizmo to being the world's best trustless IOU and betting platform.

There are a couple businesses that have already started issuing some kind of shares on XCP, and Adam B. Levine is planning to issue his new coin on Counterparty as soon as the web wallet actually works.

TL;DR: Counterparty is building momentum.

Go get 'em, bytemaster!

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