- 28 June 2019 (206 messages)
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This would allow companies to issue securities on CP, and ensure that the token is only ever held by a select group of customers who have been through the AML/KYC process..... just a suggestion 🙂 -
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸 -
This would help Counterparty's case. I suppose the foundation could maintain the address lists. -
With the big booooommmm lol -
The foundation would not maintain the lists... it would be on the issuer to maintain the lists, as they are the ones who would be doing AML/KYC on the customer and then updating their list..... as with everything in Counterparty, all of the data would need to be encoded on the BTC blockchain.... so, we would simply need a way to create/add/remove a list of addresses and then the asset itself would simply reference the list of addresses
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If I was the company... I would A.) kyc/aml all my customers and come up with a list of addresses for each customer... B.) create a list on CP with all the addresses to add to the list... then C.) issue an asset and restrict the holders to the list created in step B.
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This where SRO would come in as the smart regs on trade pair or indexed market the company is joining... Like a gold index... Silver etc.... Tokenized certification and KYC/AML is dope
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without some way to restrict the list of holders of an asset to a specific list of addresses, we prolly won't have much success with issuing securities, as the SEC has strict rules on aml/kyc and making sure that there are limitations on who can hold said security/token.
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We will get there by 2021, mark my words. Great info Jdog.
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What is the basic differences between Colored Coins and CP?
I’ve read CoinPrism (OA) breakdown of the comparison here: http://blog.coinprism.com/comparison-coinprism-counterparty-mastercoin/ Some things are old (CP now uses OP_RETURN as well) What is the CounterParty view on the feature list and comparison? I’m looking to implement a token based issuance platform on top of either CC or CP. I’d like to know the pros and cons of each. Token exchangeability is important to me, but so are the abilities to implement whitelists or fees on token transfer. ...
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somewhat related post 🙂
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We are going to need a recorder for this room. Too much good info gets lost.
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I’ll provide one.
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Nice try Dan -
He would have burnt through them already
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JK jk
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This is why I also suggest the CES another p2p system some of us here already use in the community... It allows us bring to in the KYC structure and verification of the holders of the assets. Its help ensure the issuers know who they holders are and helps them limit no verified asset holders. The CES community trading accounts attach the CP and this along with Coindaddy being the center peice for that somehow because it allows for asset and wallet verification ... We work in the meantime because the CES allow for KYC/AML
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I would be happy to accept your apology
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I am not allowed to post links yet but I will share the link if needed for the system I am structuring to compliment this need in the community
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Okay, thanks for explaining that and sharing all of your thoughts on the matter. It's all very important to consider now that things are coming to a head in the courts.
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😴
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💪🏻
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would you mind explaining what this message means instead resorting to name-calling?
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Just because I tend to play devil's advocate where I see fit, it doesn't mean that you should demonize me for your own personal agenda
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went to full-blown diagnosis of being dick pretty quickly
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im not a yes-man
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Yeah, I got a sense of seeking clarity rather than to bully, which is why I referred back to the root of the conversation to try and help make sense of that post.
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im also interested in the idea for utility, but not excited about the idea of making it protocol requirement. While this is a protocol anyone should be able to use it. No user should be required to capitulate with foreign laws. however, the foundation is deleware based (as mentioned) therefore the ultimate jurisdiction should be there, YET this is currently abandonware to an extent... yet still running by consensus.
being open-source in nature but also being crypto project there are certain nuances to be considered. often times this means being two different things at once -
i make a point to edit my messages if i need to. Some users it seems do not know it is a feature. thanks for confirming my statement was mostly informative in tone. My apologies if i insulted your intelligence by insinuating it needed to be modified, Larry
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to be honest, i have given things like this considerable thought... additional features that need to be implemented.
However, i am must less apt to share them in a public room as this. It would be irresponsible for me to do that prying eyes of the competition. This could even be users in our own community whose main purpose is to for fork self-interest.
I am at the position where i will contribute to or as a foundation member or do like most and come up with a private solution that is for profit. However, my intention is always to push any improvement upstream. Therefore if/when something is implemented privately it will be made public eventually. -
Of all the notions I've seen to strengthen the platform, few hinge on cohesion. imho.tbh
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Name calling huh I didnt say anything about anyone lol wayment lol
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i was talking to your partner Xcer
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I am not all to edit
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but i thought we were over this "issue"
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I dont have the features cant even share links on here
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Able*
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windows, android... and the web. all seem to offer editing messages. i think the cut off window may be 24 or 48 hours
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the point of all that was to seek clarification in your original message
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it was posted at 1am, so i figured you may have typos or something to help clear up the content. i had to read it several times and did not understand what was being presented
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I was speaking about what Rare was talking about
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Not all projects will have to be in legal complience with one another
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But that dont mean they dont benefit one another in the community some thing will best fit with legal compliance between project and some wont... Just a simple benefit to each other is what matters sometimes is all I was just adding
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i did aplogize lol
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He's da Coin Daddy 😉 -
Big community huug👑
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To continue with the feel good vibes I'd like to point out, I see it as a pretty good sign that people are passionate enough about this projects to butt heads sometimes
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Haha 😍
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A seesaw doesn’t counter balance. We keep climbing slowly, but surely, and once it tips, we’re going to have a lot of fun and I can’t fing wait 😀
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A really good thing having CP as a public ledger for equities and a centralized system for trading is it’s unhackable. Thefts can just be reset in a centralized system. The ledger just serves as a source of public trust 🔥
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It’s the best of both worlds.
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Boooooooommmmm
- 30 June 2019 (46 messages)
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Hey Kid I'm a computer
Stop all the downloading
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I’m not seeing a huge demand for security tokens lately, but the conversations I’ve had always circle around what exchange they could trade on once the one year is up. The exchange would need to be a regulated national securities exchange or at least have the ATS license. I think Tzero only holds ERC-20 security tokens. Liquid is apparently set up, or working to get set up to operate in this market too, but I think they require the company to launch a liquid-specific coin? (I did a whole podcast on this and still don’t fully understand it). I think the Counterparty Dex is the only non-custodial exchange out there that passes the FinCEN muster of not being required to register as an MSB. -
On point here
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I haven't been following this chat too closely, but it looks like you are trying to set up some kind of foundation? I'd be happy to go on it if you need any more people?
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Who are you Sasha? Always looking for honest caring passionate people.
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I'm a fan of the Bitcorn game, which introduced me to counterparty.
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Is it just you or a group?
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"Wheeler, who is also police commissioner, said nothing on Saturday, as hundreds of Antifa protestors gathered on the streets, with some throwing milkshakes — potentially mixed with quick-drying cement — and assaulting Ngo."
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If you would like to run, please announce your candidacy today (last day)... details are in the pinned message here.... we could use a good legal adviser on the foundation😀👍🏻
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whats the latest dev update? are we going to see CIP21 soon? -
Some parties here will have to.... I have to register our project as a MSB with FINCEN
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Had to sorry
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Yeah It would be nice to have this kind of legal help ... I wont be the only legal nerd here lol
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I DM also J prior to your message
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[ANN] Start of the Counterparty Foundation 2019 Election - Nomination Period (Jun 10th - July 1st)Announcing the Start of the Counterparty Foundation 2019 Election - Nomination Period (June 10th - July 1st) The Counterparty Foundation is a group dedicated to advancing the Counterparty protocol and its products, educating the community on the Counterparty technology, driving global Counterparty awareness, and ensuring Counterparty remains a successful and growing platform. The Foundation is governed by five Community Directors. Today, we’re happy to announce the start of the Counterparty ...
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Confirmed my nomination
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You guys and gals best be ready to compete against me. 😎
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Bitcorn
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He says right there Helen, like two messages above....
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Duh
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What's your name for the nomination?
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Can’t make it that easy RYAN 😉
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😂😂😂😂
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Socky Stockton
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Ok
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