Counterparty: Peer-to-Peer Finance on Bitcoin

Hi, all! I&#x27;m one of the developers of this project, and I&#x27;m also a long-time Hacker News reader. If you have any questions about Counterparty, please don&#x27;t hesitate to ask! Better yet, if you think you might want to build something on top of Counterparty (which is a totally open platform), we welcome all contributions to any of our GitHub repositories (<a href="https://github.com/CounterpartyXCP/" rel="nofollow">https:&#x2F;&#x2F;github.com&#x2F;CounterpartyXCP&#x2F;</a>).

Alternatives are:<p><a href="http://mastercoin.org" rel="nofollow">http:&#x2F;&#x2F;mastercoin.org</a><p>and<p><a href="http://nxt.org" rel="nofollow">http:&#x2F;&#x2F;nxt.org</a>

I wish somebody would write a blog post summarizing and comparing all the developments in this field.<p>First I heard about Colored Coins &#x2F; BitcoinX [1], then Mastercoin [2], then Etherium [3], then CounterParty [4], nxt.org [5] and TruthCoin [6].<p>Some people think, that Bitcoin protocol can and eventually will be extended for smart properties and there is no need in all of this.<p>[1] <a href="http://coloredcoins.org/" rel="nofollow">http:&#x2F;&#x2F;coloredcoins.org&#x2F;</a><p>[2] <a href="http://www.mastercoin.org/" rel="nofollow">http:&#x2F;&#x2F;www.mastercoin.org&#x2F;</a><p>[3] <a href="https://www.ethereum.org/" rel="nofollow">https:&#x2F;&#x2F;www.ethereum.org&#x2F;</a><p>[4] <a href="https://www.counterparty.co/" rel="nofollow">https:&#x2F;&#x2F;www.counterparty.co&#x2F;</a><p>[5] <a href="http://nxt.org" rel="nofollow">http:&#x2F;&#x2F;nxt.org</a><p>[6] <a href="https://github.com/psztorc/Truthcoin" rel="nofollow">https:&#x2F;&#x2F;github.com&#x2F;psztorc&#x2F;Truthcoin</a>

Here is the web wallet, which includes decentralized exchange, smart property creation, and dividend distributions.<p><a href="https://www.youtube.com/channel/UC8L6aXXyobFGD2ADJVwRGoQ" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;channel&#x2F;UC8L6aXXyobFGD2ADJVwRGoQ</a>

Read the following &quot;with approximately 2.6 million XCP created by burning bitcoins in January 2014&quot; on the wiki ... Is someone knowledgable enough to explain what they mean?<p><a href="https://wiki.counterparty.co/w/Main_Page" rel="nofollow">https:&#x2F;&#x2F;wiki.counterparty.co&#x2F;w&#x2F;Main_Page</a>

It says &quot;Enter your 12 word passphrase&quot; at their bitcoin wallet login prompt. Hard core.

is xbet (built using counterparty) the first truly decentralised, trustlesss p2p betting platforms?<p>the possibility of using broadcasts as heartbeats and warrant canaries too interest me greatly this seems to fit the job<p>exciting stuff. Bookmarked for reading later.