- 07 January 2024 (603 messages)
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Under 4 hours remaining ⏰
𝗣𝗲𝗽𝗲 𝗙𝗹𝘆𝗲𝗿𝘀 𝗩𝟮
#1-20 Gold Label Auction
Only 2️⃣ spots available in the top 20 floor bids‼️
Highest bid gets🥇and any tie bids go to first bidder
📌 https://scarce.city/auctions/pepe-flyers-v2-gold -
These people are regarded
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Like I said, I am a crayon connoisseur - so educate me. Don't XCP nodes exist that make sense of the XCP data? Aren't those nodes necessary to translate the OP return data into usable XCP asset data?
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If not, what do they do?
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well you do pay... its typically in the native token of the ecosystem. If I create an ETH NFT, there is no secondary token I must burn. I use ETH.
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Very few people run the nodes. I would wager 99% of users rely on custodial services
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So go back to eth 🤣
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And if XCP nodes are not needed, then why is XCP needed? Just make a stamp protocol, and let the OP_Return data wars commence. You don't even need XCP it seems, you can just make your own protocol that uses (abuses) OP_Return, and then a few elder wizards can get pissed again and cut OP_Return to 2 bytes and that'll be our end game
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you realize you could only send btc for free if you were a stake holder
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we don't abuse OP_RETURN we abuse the UTXO set
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This is because ETH is turing complete and has the functionality of NFTs build into it? BTC has no such inherent functionality.
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BTC cannot send "colored coins" without extending the protocol. And if it can, then I'm not sure why XCP should be involved in this discussion. It's the same OP_Return right? Go and make your own protocol for stamps and figure out your own incentives and structure and we'll all compete in the same space and piss off the Bitcoin core team and users. Or, if stamps NEED XCP to survive, then they should be invested in XCP's survival and thriving? That just makes sense to me
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sacrifice a FLOCK
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Haha I know I’m so confused
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we aren't really arguing about anything. we are just working to maintain and build infra to continue CP whil Jdog takes his fork on jdogparty
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Here's a succinct explanation of what we're doing @katiecharm. We don't need xcp because numerics don't require burning xcp. https://x.com/mikeinspace/status/1669467334145179649?s=20Mike In Space (@mikeinspace) on X
A clip from my recent appearance on the @ShitcoinDotCom podcast explaining the fundamental difference between Ordinals and Stamps.
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I'm all for any resolution that preserves the value of my rare pepe set well into the 2040s. It doesn't seem to me that flooding the protocol with free transactions that will make everything unusable is a good way to preserve anything? It seems very much like a self destructive cancer. This is exactly why fees were implemented on bitcoin to begin with
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there are way more BTNS transactions than stamps
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yeah because no one considered devaluing the integrity of the space taking steps backwards
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from my db i'm seeing 23369 numeric asset stamps and 233 named stamps. I believe Jdog saw more than that in one day on btns
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this is not including src-20 which are no longer part of CP whatsoever.
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I hope Jdog doesn’t, but the only thing causing the fork is not agreeing on the XCP fee?
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no
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No. There's no fork.
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So if bitcoin core cuts OP_Return down to the bone you'll still be alright? If XCP ceases to exist you'll still be alright? If your position is that you are happy to destroy XCP in order to create a new protocol that spams the ever loving shit out of the blockchain, why wouldn't you anticipate that you'd be angering a LOT of people? Also, you should anticipate those same people are not going to want to let you use their rails? This seems like a lack of forethought - but sure, I'll watch the video
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Numerics are gone. I don't think they are coming back to xchain even if the fee were added.
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The rails is Bitcoin, Katie. These exact same arguments were used against Counterparty in 2014. History sure does rhyme
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jajajajja but you dont see that you are talking about BTNS??
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XCP should have always required XCP to send XCP assets and should have incentivized staking it. These ideas were radical back then, but they have been tested enough on secondary layers now that they are fairly solid - not fool proof, but a pretty good way to protect a secondary layer
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I don't think she knows what that is. No one does
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this is the fork xchain will be implementing, which is a divergence from the core CP bits.
https://github.com/jdogresorg/counterparty-lib/releases/tag/v9.62.0
stamps and team are here to help build new infra to support CP and all of it's users. The chat regarding the jdogparty should really be in a new channel -
What we are seeing now are merely consequences of having bad economics, including spam attacks
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define spam
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Spam or adoption
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How does bitcoin define it
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Rugpull 🤣
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Thousands of users entering a space
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Yea, it’s just the fee basically. If stamps agrees with a fee, why not update?
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So you decide tax them....
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23369 assets since march is spam? where users have spent in some cases $3000 for a single one?
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Still, I don't understand - it should be trivial for stamps and numerics to build their own infastructure and operate stamps and their numerics completely separate from XCP. At least this is what they are arguing - that XCP isn't important and so they don't have to respect it.
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So it seems we shouldn't even be having this conversation.
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entertaining to see the assumption that the majority of old users will automatically have volition in spams favor, maybe you are right to some degree about things
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If assets *require* XCP to play nice with them to exist, well then that sounds like it makes them XCP assets then
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they should have built their own protocol
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And XCP should require XCP to operate with it.
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Both are to blame, but this occured because of a critical economic incentive flaw with XCP to begin with. And I'm in favor of a hard fork to fix that permanently.
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Is the others SRC that don’t depend on CP? Because I’m seeing 235,000
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incredible leech though potentially destabilizing the whole ecosystem and then trying to fear monger about not having corebits and pretending there is such massive underlying integrity at stake from switching to a different repo
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If you don't require your citizens to pay taxes, you also can't be mad when infrastructure collapses due to tragedy of the commons.
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its not bitcoin
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correct. Take a look at how many BTNS transactions are flooding the database
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If a decentralized protocol requires people to interact with it politely in order for it to exist, that is a shit protocol.
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please, start the jdogparty chat we will continue building counterparty here
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The only way to harden XCP against future spam attacks and exploits, and also ensure it's long term survival, is to incentivize holding it in a way that maintains the network.
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Adoption. Scaling. Users.
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And it is incredibly centralized because *someone* has to decide how much it costs to burn to mint an asset
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Your people are soulless weak degens that will go onto the next scam.
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no, is incredibly centralized bc the web that has been claiming to be the main explorer has started showing just some assets not all
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Again, solvable if xcp required fees, and if stamps had paid those fees. Then no one would have been able to complain. This problem seems so simple to me, and I think I'm supposed to be of the bottom 10% in intelligence in this chat? And yet some of you don't see it? How can you make it free to abuse XCP protocols, and then upset when people abuse XCP protocols? And act like it's an ethical failing when someone suggests it should cost money to use XCP protocols, which then goes to incentivize XCP holders, node owners, and infrastructure providers?
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exactly
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But you mis understand the tramp stamp real motivation. Their intent was always to fork cp
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Stamps were being assholes, it's true. But just because a blackhat abuses a flaw in a system, doesn't make the flaw in the system not true. And the network approach should not be - let's go about our business and pretend that doesn't exist, we banned the offending IP addresses
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jajajaja the burn of xcp dont help infraestructure owners, node operators just xcp bagholders
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right, why wouldnt they have built their own protocol from the beginning?
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I agree there has been too much reliance on what had already been built. That needs to be rectified.
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Before Stamps, almost all of use were XCP holders and proud of it
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lmao
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yes yes yes, and solvable by making the infastructure providers and node owners ALSO xcp bag holders by requiring a stake. An economic problem already well solved by current masternodes. For example, look at what Firo does along with others. Stake #x of counterparty and provide an always-on server to run your node on. Congrats, you're a counterparty masternode and now you are eligible to receive fees as your stake. Oh, and now it costs #x to send an XCP asset, which isn't much, but it's enough to prevent the chain from getting clogged.
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Now, new peeps arrive which is cool, use the platform, and criticize us because we want XCP used on CP
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I honestly could care less if some 120lb cuck from sanfran wants to buy real nft's instead of trash
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Oh man you showed us.
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they can keep washing out each other's VC projects
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🤤🦍 Aryan Jabbari 🦍🤤 (@AryanJabbari)
View original
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Sanfran? 😂 dude you realize that we’re all viewed as ghey shitcoiners, right? Counterparty has no high-ground. Luke wants to eat your cat too
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At any point any one or group of people could have minted any number of numerical assets. This scenario was always a possibility, the only reason it wasn’t don’t was because xcp simply wasn’t that popular. Seems silly to make it into something it isn’t.
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wen laser-eyed-horse-head decal... i'm sure some ppl want the opp to rip the decal off n stomp on it. 😛
I still got pair #1 & #2 of the Pepe Flyers... maybe should throw pair #2 up for auction on scare.city... any interest? -
I do have a XCP stake, run two CP/BTC nodes, and have always supported an XCP fee in a logical way (it pumps my bags too).
Just not a forced fee by an angry dev which controls the ecosystem threatening a fork. The fee doesn't solve any of the problems with which why the fee was proposed in the first place (the 8GB db bloat)
the only real discussion here is how to correctly move CP forward and let the jdog fork go on its way.
realistically an even fee across all named and numeric assets would make more sense . -
Random Thought: PPL can hate me if they need to, sometimes one has to play the villan to force conversations and development forward... I'm fine being the Luke Dash Jr of Counterparty, and do what I feel is necessary to push CP towards a more decentralized future.
While hating me, some things to keep in mind :
- I have been here in CP for 10+ years and have a vested interest in it's success (1% XCP, 40K asset names, huge NFT collection, etc).
- I have built the tools that I wanted to use to help CP usage grow (XChain, FreeWallet, etc) instead of just contributing opinions.
- I have been saying CP needs dev help for database optimization, faster APIs, open source explorers, etc the entire time I have been involved in CP.
- I have made a decision for my PERSONAL project XChain.io to no longer support numerics, as I believe they are spam.
- I have NOT pushed/merged any v9.62.0 code to counterparty-lib repo
- I have NOT mentioned or supported the v9.62.0 fork through any CP community owned properties (CP API, website, twitter, github, etc)
- The XCP fee on numerics discussion has been going on for years, this is not something new, but it needs a resolution.
- If code / ledger can be taken over by a single entity/dev (even me), then CP is way too centralized.
- This is a learning opportunity for people to see how code & ledger forks are different.
- The v9.62.0 fork doesn't activate until block #829020, so 30+ days for discussion and solutions
- My hope is that the CP dev community comes together and pushes forward solutions in a decentralized way to avoid any fork drama
Science is messy... sometimes gotta crack a few eggs to make a delicious omlet 🤷 -
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#ChessNotCheckers
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lmao a J-Dog decal would be hillarrrious.
Submit your v1s at https://scarce.city/submissions. Can make for a good nft.nyc auction.Scarce CityAn online marketplace for Bitcoin goods and Bitcoin NFTs
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Jdog is likely the sole reason why we are here today.
Maybe someone else would have stepped up, maybe not.
Jdog supported CP when no one cared using his own money and funds to keep it going. -
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it seems all of the 'devs' do
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I'm not an OG but J-Dog himself wants to go on his merry way (and cheers to him for that). He no longer wants the burden/drama of maintaining. Cheers to J-Dog and thank you. Counterparty is still in good hands.
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💯
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IMO there is no need to fork XCP at all. Jdog created a set of tools such as xchain.io, Freewallet app, coindaddy etc. etc. & he is paying for all the maintanace costs -server fees, putting working hours for maintencance etc. etc.. He has decided -for their own reassons- to stop supporting stamps. Fair enought
The solution might be for the "Stamps team" (and everyone that is interested for stamps support) to create & maintain their own set of tools/apps -running under the same XCP/protocol chain- that will support, display & interact with only stamps (and not the rest of the tokens on XCP). Also running their own XCP nodes -ie everytning that is needed-
XCP protocol does not need to fork, everything will be stored under the same protocol/chain. Only the tools interacting with the protocol will change (ie differnet app/tools for different usages)
not quite sure why all the drama here.... just my 2 satoshis
*unless there was/is/going to be a change on XCP protocol level, that introduces limitations to the stamps -and then yes, a fork might be needed- -
Including J-Dog himself.
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Stamps team doing exactly this.
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great! so... where exactly is the problem if xchain does not display stamps anymore?
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Just to be crystal clear: I am not taking/choosing sides here... (ie Jdog VS stamps)
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The only issue is that it was so abrupt that it’s caused some panic, we’ll get past it
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It's a short-term problem for Stamps projects that relied on xchain API that will be fixed soon.
There's no real drama here. Just a lot of chatter. -
Protocol changes that no one agreed on
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Not true.
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Tbf… no protocol changes have been made, though I’m not sure xchain qualifies as a “counterparty explorer” anymore
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Fees on numerical assets
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with still no guide for consensus, other than avoiding voting
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No, that’s cool.
But if you’re an insurance company, what version are you most likely to insure from death …
The dude who’s been here since the start, spent his own money, always responsive and helpful….
Or
Some new comers who have been here for less than a year
This is nothing against any of the stamps devs, it’s just a fact -
This didn't happen.
Also, there was agreement. -
savage af I like it
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Option 1 is not an option.
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Numerics are gone and I imagine they will stay gone even if a fee is enacted next month because the underlying issue will not have been solved
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soon
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What you say is fine... but leaving the dispensers without visualization and having problems from one hour to the next was not responsible in my opinion... I remember seeing you happy at the beginning of the stamps, in fact it was good to see you there! I'm sorry this suffers from so many unnecessary emotions... as a developer I suppose you take into account that there will be many people affected without technical knowledge to solve their problems... surely we would not have gotten here without your contributions and dedication... but I think you could have broken the eggs for the omelet even warning people that the menu would be a delicious omelette...
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go cry somewhere else
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I'm not crying.. and can you stop making fun of everyone? Maybe you just enjoy feeling like a winner?... If you're happy without seeing the stamps... I congratulate you... but grow up, friend.
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he cant is a dickhead just thinking in him and is pointers
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Is it about perceived fairness or solving an 8GB database bloat issue? That won’t solve itself
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I’m not sure I understand the 8GB, what’s this in reference to?
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DB that CP node depends on.
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counterparty db
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But what’s the 8GB? What’s so special about 8
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Current number.
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It's super tiny
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si
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and should have no problem if designed properly with a few thousand records
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we aren't talking millions of assets
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it can run on a raspberry pi
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look how many transactions btc handles we are only dealing with a very minor percentage
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the point exactly.
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this whole mess is because of perception of the db growing too quickly for issuances. which is solved through db optimization, and everyone agrees to that
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fees do nothing to solve that. and wouldn't really inhibit any 'spam' at only 0.1 XCP
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U guys should start your own chat
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he meant btc fees
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Maybe not, but it would make the people who’ve been here forever much more accepting and happy about stamps itself
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how so?
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Bags, baby. Bags.
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we simply could just start spamming named assets with random characters
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what is so hard about this
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CounterParty Explorer soon
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oh your xcp bags, i see it's about growing the bags not solving hte underlying issues
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go for it because the possibilities outweigh the number of potential assets
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cool. i'm sure jdogparty will censor those as well.
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hardly
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You xcp maxi stay your ignorant ways
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Solutions are being built
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Pay the fee or eat deez nuts
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Just ignore, fren.
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ignorant ways? lmao there still isnt any thoughts from devs about consensus
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just, voting isnt precedent
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wat
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Annnnyway, this will be my only mention that today is the first wide initial distro of the PEPEAMCANI card, which has largely remained undistributed since 2017.
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There are 136 of the initial 168 to distribute. In the cards description, as stated, 51% of all proceeds are going to charity (in the name of the Rare Pepe project and the early AI art community), namely the organization known as AMCANI which builds remote neurosurgery hospitals in developing countries.
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0.75 eth is the starting price, and the price goes up by 0.01 eth for every card sold. This is, from the best of my research, the first dedicated charity nft in human history.
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Also, starting on January 13th, six days from now, one will be be burned every day until they are all gone. If interested, get ahold of me. First come, first serve.
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ETH??? Ma'am we're Bitcoin maxis in this room
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Whats meth
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I will accept equivalent price in btc. It's just the charity address is in ETH
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This is all going to AMCANI:
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lol, I can't provide the address due to auto mod. Early sales were available to holders of KEKSBASILISK, and $2800 has already been raised.
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just most of the people who were euphoric about KEKSBASILISK were meth heads, and they were the ones who showed initial interest. But yes, I'm aware of how stupid eth is. The donation will be converted to even more worthless fiat before given to the organization
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Also, if for some reason you scored a KEKSBASILISK during their initial distribution back in 2017, you own a gold mine right now. It was discovered it was the earliest significant use of AI in an nft (known so far) and so is trading anywhere from $5000 to $15000 currently.
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type in amcani and then dot org
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i can't link the address or auto mod will take me out
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i am sorry they are not registered with that particular charity site lol. still, i invite you to visit their website. the card came about because of a friend of mine in 2017 wanted a way to raise money for their cause... hence the name PEPEAMCANI
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please feel free to check the card out from the pepe dot wtf website; i'd link, but again, those are forbidden here.
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in an address bar, or google, type in amcani and then dot org. visit their actual website and check them out.
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I get how the internet works, thank you.
I was moreso looking for vetting of this AMCANI organization. There is none. -
I get that, and would appreciate any more research you find into that. If you can find cause that the charity isn't worthy, I'm happy to redirect funds to something else. But the card literally came about because a friend in 2017 knew them and was trying to fundraise for them, which was the card's entire purpose. But yeah, let me know if you find anything. It just seems more to me they are a very small operation.
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I found they have a profile on Guidestar dot org, if that helps. They also have a LinkedIn, and some other social web pages. And were posting pictures of doing surgery in Vietnam as recent as 2023
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"AMCANI in Vietnam
This program focuses on improving the quality of education and services at Hue University Medical Center in Central Vietnam. The University supplies doctors, nurses, pharmacist and dentist for the 20 million people of central Vietnam and Laos as well as providing indigent care for the region surrounding Hue. We have been working there since 2005 and are currently involved with the Departments of Neurosurgery, Anesthesia, Rehabilitation and Physical Medicine, Obstretics and Gynecology, Anesthesia and Vascular surgery. We try to supply equipment as well as training teams twice a year. In addition to the practice improvements in the Departments above we are building a regional epilepsy surgical service." (from guidestar) -
OK, thank you. We get it.
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I’d argue the first NFT ever, the FDCARD was
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It incentivized a worthy cause, donating hash power to folding, absolutely. But it wasn't an nft specifically to raise money for charity. But sure, you are free to believe that and I won't argue. So it would make this one the first nft to raise money specifically for a charity.
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The Villar token, 100% of the funds were donated to John’s family
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Outstanding history lesson, and worthy cause, though I could argue semantics and say that John's family is not a charitable non profit organization. Still though, good history and I welcome the correction.
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Cool I think what you’re doing is awesome, good luck
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Armando (John's son) is still doing well... Here is a photo of him right before Christmas with Javier and Javier's daughter.... Yet another way in which CP community is different... John dead 3+ years and community STILL supporting his son/legacy ❤️
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Sounds like a nice charity
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Alright then I will postulate FOLDERPEPE created specifically to reward participants of Foldingcoin to contribute to Stanford's Folding@Home https://rarepepenews.com/tag/folderpepe/
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More history lesson for me; thank you. What did this mean "Contribute to FoldingCoin by folding 100k FAH points or more per month (starting with November, 2016)"
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Were FAH points an asset or something you earned from running cycles?
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The idea that XCP holders want the price of the token to go up is reasonable.
It makes our community more prosperous as a whole.
If you buy a house in a development, is it a bad thing for the people living in that development to want their houses to be worth more? -
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People run FAH in order to do work loads that find proteins that may potentially contribute to finding the cure to diseases like Alzheimer Diabetes cancer etc. There are people that do it completely altruistically without expecting anything in return. Earning FAH points does not give you any monetary reward, just bragging rights on the top folder list. The Asset is Folderpepe, it was given out to those Foldingcoin participants that completed a minimum number of points every month for more than 2 years. As you probably know, it turned out that Rare Pepes are now considered of historical value so the 600 Folderpepe that were exclusively distributed in this way incentivized people to contribute more to running THE FAH model during its time of distribution
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The token is burned bitcoin. So essentially it’s bitcoin who wouldn’t want more bitcoin with extra utility
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In the US, you need to be a permanent resident typically for 5 years before you can qualify for citizenship.
I’m not saying Stamps members aren’t citizens, but most haven’t been here more than a year.
The time you put in counts and should be considered when determining consensus by the devs.
The vast majority of CP citizens who have been here greater than a year want the fee added. -
Was wondering why my body / back / kidneys hurt so much the past couple days of non-stop coding… guess I’m sick…. FML 🤷🏻♂️😜
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Damn dude that sucks
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Pain is just weakness leaving the body…. I’ll be fine👍🏻
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We had Covid in early August, by day three it was brutal. Fevers and every joint hurt. After confirmed test we got ahold of a teledoc through push health who wrote a script for Paxlovid. Closest thing to figure magic i know / within 24 hours we felt 95% better, though still had lingering symptoms for a month afterwards
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Hoping you feel better soon. You are too important to be down
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Funny how ppl react when they feel threatened... I've never been on any XCP Foundation paperwork.... so, clearly this is just yet another lame intimmidation tactic some will try... gluck with that 🤷️️️️😂️️️️️️
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lol
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Thanks Katie... i'll be fine in a few hours... drugs for the win 🙂
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Wtf is this?
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just some of the hate I consistently get for making any decision... lol 😛
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That’s fucked up and clearly crosses a line. If anyone in the stamps community did that they can fuck off and die.
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@mikeinspace it was this guy. Clearly some problems.
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Where’s that from? This chat?
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Dev
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I’m banned tell him to fuck off and die please
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Great no context hahaha
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The same way they've always been managed. There are no changes as far as Counterparty goes.
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Which wallet can I use?
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tell them to go fugg themselces lol
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You are OBLIGOR
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Props for the first ogre themed nft monster named OBLIGOR
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Aren't you also a decade+ OG? Why aren't you on the side of the rest of the decade+ OGs? Shouldn't you be pro-XCP fees and XCP longevity?
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I’ve been here since 2016/2017 so if that makes me an OG fine. I’m also like… the creator of Bitcoin Stamps, so well… that’s that…
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Not a bagholder of xcp tho
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u said you have 5 of them lol
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True 😂
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5 bags
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I'm gonna mint some named assets that are just random characters and send them to your wallet
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Now it just lives in the chat
A111FFFFFF -
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i just wish xchain would filter ALL STAMP: descriptions so it's less confusing for all the named stamps.
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will be easier with the fork at least to not duplicate everything
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otherwise we have to sit around and wonder what happens if hundreds of thousands of named stamps end up there as spam?
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is there a jdogparty JIP request or something?
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You really need to learn how ledgers and forks work bro.... its prolly not gonna go how you think it is... maybe tone down the rhetoric and get back to working on database optimizations in counterparty to allow CP to scale and support your infastructure without the need for XChain APIs...... or continue focusing on trying to villanize me and calling things jdogparty and waste more valuable time before the activation block.
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aint no party like a jdogparty cause a jdog party dont stop
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I been here online since 92... by 2012 I stated am here to leverage abundance sustainability by paying it forwards online earned income to those who pinboard blogs to teach cross promote n give back... what are yall doing daily?
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thanks
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seems that subassets doesnt show in xchain
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Yes they do👍🏻 only numerics are gone… named assets n subassets remain 👍🏻
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sub-assets look good to me kek
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Fixed ur permissions…. U should be good now
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No more DMs pls…. All communication thru public channels / forums pls👍🏻
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and getting 429 in the console
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429 == rate limiting
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Comet?
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regardless of how it goes i think it's best that all stamps (including named) are removed from xchain / freewallet so it's clear for users where they can interact with them. Your intentions are clear now at least so it's quite refreshing. No need to feel villanized. I figure we'll celebrate over some scotch one of these days.
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We are now on presence of the real peak jdog
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fascinating...
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I see there's plenty been happening the last 24 hours!
I'm not fully caught up yet, will catch up later -
meanwhile, a boring question, does anyone know what this error means and what I can do about it?
is it just because my fee isn't high enough? -
based card hehe
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look after yourself JDog... hydrate, moisturize, touch grass etc :)
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deffo. all the chaos aside. hope you knock that fever out real quick. be good to have you back at full steam. Thanks for all the clarity lately. it's been refreshing for the focus on what needs to be done!
- 08 January 2024 (1209 messages)
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the reason I ask here, is I have never seen this message before
I will fwd this to the freewallet group also. -
I’ve seen it a couple times…. I believe it is related to a breakdown in communication with Addrindexers… Try your transaction again, and if it fails consistently, please create an issue on GitHub with the details and the CP Devs will look into it👍🏻
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okay, thanks JDog
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Honestly if I felt XCP had more of a future and if it incentivized holders and nodes I'd be more inclined to spend some creativity on it and try to hype it up. I'm sure others feel the same way. As it is it feels like a legacy protocol that's been degraded by others, but I would love to get euphoric about XCP again.
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But the current state of it makes it hard to do so for a new project. However it is the ultimate keeper of the insane rarity and locked value of the rare pepes which are legit a big deal being some of the earliest nfts ever, so it matters that it continues to exist for decades to come
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Also, I can't send photos but all of xchain and counterparty seem to be eating shit at the moment unfortunately.
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"DataTables warning: table id=DataTables_Table_0 - Ajax error. For more information about this error, please see {web address}
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U should be good now….. also… ur prolly being rate-limited… change IP or wait a minute n try again🤷🏻♂️
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Aha, probably rate limited. Also, I want to buy some ad space on xchain; I'll send the email to the contact at the bottom of the page, but looking to spend about $500 over the coming couple of months. Excited to be in a position to support the site.
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Not to mention Spells of Genesis & a wide array of even earlier one-off projects/experiments that are now highly sought after by collectors.
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Amazing amount of history on Counterparty... The best part is its not going anywhere b/c its all on Bitcoin.
I tried collecting stuff on other old, now-obscure chains like NXT & NEM, but it just doesn't have the same allure as nobody cares about those chains... -
exactly why stamps chose to be a part of the legacy! It's a fun ride in either case. Villified or not we're all in the same historic boat rooted in bitcoin history.
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shit, I have a great idea. What if XCP or Stamps or someone ran a side chain with the OP_Return data pointing to the side chain data that held the actual entire whole nft? That way, as long as both chains are still running, the entirety of the NFT exists
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I'd literally invest money and creativity into that
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having ALL of the data on bitcoin is cumbersome and too expensive
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But a small entry embedded in bitcoin blockchain that directs to an inexpensive side chain? Now that I can get behind. And then of course you're going to have to incentivize token holders who run full nodes and stake, because you want a functioning economy.
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XCP is a great example of tragedy of the commons when you don't incentivize token ownership
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If a side chain held the actual nft data, and secured itself with hashes / pointers embedded in OP_Return, wow - that would be powerful. Hell, if stamps did that I'd even get involved
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Because nobody will run that side chain.
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Is this what Stacks is kind of doing? I'm not completely familiar with how they work.
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They will run that side chain if you allow token holders to stake their tokens, run a full node, and get paid with tx fees. Require anyone minting or sending an asset to have to pay a tx fee in the new native token.
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A solved problem.
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From what I understand (and i could be wrong): Stacks are only saving *part* of the nft data (the header) directly on bitcoin, which is very expensive - but not as ludicrous as ordinals. Still wasteful and silly imho.
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Because the meme for both ordinals (and stamps) is onchain data preservation. Practical or not, that’s what the market wants. The market has repeatedly rejected offchain solutions. By onchain I’m referring to base chain bitcoin.
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Wasteful and silly, maybe… it’s what the market wants. I don’t presume to be smarter than the market. I only wish to cater to the market
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A room full of engineers always want to “engineer” the best solution to an art problem without any understanding of the actual psychology of the average buyer. That’s how we got Raretoshi on Liquid. No one wants that shit.
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It goes beyond that, you’re right: no one will run it, and it lacks the memetic juice to be desirable to the market
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memetic juice doesnt exist
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If the market wants me to tape a banana to a wall, guess what? I’m gonna tape a banana to the wall. 🍌
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Crypto is predicated on it. So is Counterparty and Rare Pepe. Its memes all the way down
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people will call a dog with a hat a meme coin
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Dogwifhat
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and then feel empowered selling for a 10,000x
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And now they are millionaires. I wish I hadn’t faded dog wif hat. Kinda funny tho seeing frog enjoyooors turn up their nose to a dog meme
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its not a meme
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come on boost the dog has a hat
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its a picture of a dog with a hat with no objective humor
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other than making vc cucks a little triggered
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trad*
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by non trad
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“Our frog memes are so much more high brow, please pass the grey poupon”
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thanks for saying it for me
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/p CHAMPAGNE
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I kind of find this fascinating. The cofounder of Doge made a blockchain in 2013 called Bells. It was lost to history and recently unearthed. They did 9 million inscriptions in 1 week.
https://x.com/adamamcbride/status/1744195059065508339 -
dogwifhat price today, WIF to USD live price, marketcap and chart | CoinMarketCap
The live dogwifhat price today is $3.32 USD with a 24-hour trading volume of $413,889,940.25 USD. We update our WIF to USD price in real-time.
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Mike wif hat…. Hmmm…
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Quantum computing power to handle that database lolz
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That's got the memetic juice.
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Interesting you can still issue a numeric asset on Freewallet. Will that be removed as well? Kind of confusing to issue it and not have access to them.
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I think we need to also allow numbers in named assets as well - it super limits the memetic juice
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Numbers are important. No numbers left behind!!
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You can still "burn bitcoin" on freewallet and the burn was like a decade ago.
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that's useful at least. everyone loves to burn btc to reduce supply.. isn't that why 7800 sats were used for so long on the multisigs?
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damn numbers again
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are numbers allowed in BTNS btw? That could be fun
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Okay then good luck spending $20k to mint an ordinal, and I hope the winklevoss twins buy it since that’s the only one who can afford it
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holy shit. it's a field day on BTNS
TICK must be 1 to 250 characters in length
TICK characters allowed are :
Any word character (alphanumeric characters and underscores)
Special characters: ~!@#$%^&*()_+-={}[]\:<>.?/
Most printable emojis in U+1F300 to U+1F5FF
250 Numbers in a row for a ticker symbol!! I'm excite. What wallet will support these? -
A side chain to store the nfts is the actual solution. The base chain should not be storing every dog jpg people want to trade and normally I don’t side with the core “anti spam” luddites but in this case I definitely would
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And if the side chain is incentivized by allowing master nodes to earn tokens; and it costs tokens to send an asset (as it obviously should) then there’s no issue. It’s much better than having the file header stored on chain and then centrally stored in some website
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LOL plenty of deep pocket collectoooors in this space. I've made much more than $20K on Stamps. That's like maybe 1 sale.
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I like my art being on the UTXOs
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You know you're creating conjuring up a shitcoin in a Bitcoin chat, right?
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Yes it’s obvious you’ve gone full sell out route and it’s not pretty
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I don't want this to be on a sidechain.
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A side chain that stores file markers in OP-Return is better than counterparty even. If that’s a shitcoin then so is XCP
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Yes.
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The point is not to supplant Bitcoin with a shitcoin, nor to spam Bitcoin into unusability / but to build a responsible secondary layer as everyone has envisioned
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its for using the testnet if i am not mistaken
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It should be obvious a secondary layer needs to be linked to Bitcoin (and require BTC to transact) but also have its own moving parts.
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I mean, who are the core devs now that jdog is stepping down. Have they come out and said publicly - no changes at all for XCP?
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oh that's cool. are numerics still ok on testnet in FW? Haven't checked
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Ah, so you're proposing XCP be said shitcoin?
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If so, then I take that as a sign they are fine with xcp being a degraded legacy protocol that refuses to keep up with the time
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Now I'm listening. Lol
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i believe the focus is on performance increases first
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I think it’s a great proposal that XCP have a separate chain that stores raw asset data (optional) but what’s not optional is requiring XCP to send and transact data. Currently XCP nodes exist out of the goodness of their heart for no incentive.
So you have a token that doesn’t incentivize its holders and doesn’t incentivize its node owners and you wonder why you have a tragedy of the commons.
Proposal 1. a small XCP fee be required for sending all XCP assets. It can begin at 0.1 XCP and later be made into a dynamic fee.
Proposal 2. XCP++ come into existence as a side chain that can optionally store actual NFT data, or maybe just headers, for the cost of more XCP -
Wait, no, XCP can't be that token. There's no staking with XCP.
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Not currently, no
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I am proposing that be on the road map for being built
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rich rich
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lol maybe we move to proof of stake
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did somebody say steak?
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Staking is - take x amount of counterparty and stake it while running a full node. You are now an XCP masternode. You earn a small percentage of all XCP fees
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Doesn’t necessarily need to be inflationary at all
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This at least USES the XCP instead of just stupidly burning it
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Yes - you need to have a certain amount of XCP staked and be running a full node
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send me some XCP i'll stake it for you on my nodes
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To prevent Sybil spam
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Wut? How are the current XCP nodes covering storage costs?
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Are you referring to proposal 1 or 2?
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That's another good question. Lol
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out of pocket. runningn about $3k per month with heavily redundant sql clusters and all the fun stuff to handle massive traffic
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Right.
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Yes fucking exactly - there’s zero incentive to sustain the xcp network currently, and less than zero incentive to build anything new on top of it
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a steaking side chain
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Imagine if bitcoin were created with such terrible economics in mind
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there's loads of incentive with the current growth from stamps
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So why are you pitching a sidechain?
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i'm happy to spin up more nodes and continue supporting counterparty. not turn things down and rate limit.
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dafuq is fatch
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i'm just here for the steak
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I explained it pretty well. Because currently there is no incentive to run an XCP node, and no disincentive for spamming the network.
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The side chain opens up the possibility of storing actual nft data if one is willing to spend additional XCP - which is used to incentivize side chain nodes who maintain the full copy of the chain
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the incentive is to be able to dev upon counterparty and build new things
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because you can't rely on other peoples infra obvs
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So we spend dev cycles on a sidechain that doubles as file storage? And then people run that sidechain on top of their $3K per month server?
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realistically you can host fednode for perhaps a few hundred dollars a month. I'm just going way overboard to support the growth atm
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Sorry, you keep bringing up the $3k a month server. So someone is doing that benevolently now for xcp? And when they cease to want to spend $3k a month benevolently, XCP dies? Don’t you see the problem with that
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If your crypto project depends on someone playing nice, it’s not a very decentralized nor censorship resistant project
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as long as it keeps growing no problem.
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Imagine if Satoshi said that Bitcoin miners will do it out of the goodness of their heart.
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That’s what we have currently and what you’re defending - and acting like incentivizing them is sacrilege and a ridiculous burden
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A handful of people do this. $3K a month is egregious, just a number @reinamora_137 threw out. But let's call it $200 a month.
And yes, I do see the problem with that. -
The only reason Counterparty exists today is likely through Jdog's benevolence for the better part of a decade. This is laudable and its great that Jdog did this, but at the same time it does illustrate how precarious the situation is.
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Okay, I’m more likely to spend a couple hundred a month on an XCP server if I’m getting a drip of XCP fees.
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Hell I would literally do that if being an xcp masternode was a thing
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No. We need to be incentivized. I just frankly don't see the incentives in your sidechain if storage is already being done elsewhere.
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You are intentionally conflating proposal 1 and 2 in order to strawman the entire argument
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Proposal 1, it should cost XCP to send XCP assets. Full nodes reap the tx fees
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Start there
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Do you agree
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YOu also have to look at the overall landscape. Counterparty doesn't exist in a vaccum. Is a sidechain storing media a good engineering solution? Maybe it is! Does the market want that? That's the question... engineering is downstream of memetics when it comes to blockchain
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damn engineers and their numbers
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I just want to save jpegs on chain....
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I think these should be two separate proposals.
I actually don't know if I agree with costing XCP to send. Maybe, actually. Very, very maybe.
I agree nodes should get a piece of the XCP used to transactel. -
The market doesn’t want anything until you create it and show it’s viable. The market wants foolish instant gratification / it’s useless trying to pander to it. Build cool shit, and let the idiots come play
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i think the incentive on the node operation is to be involved in the community, build up a nice bag of assets along the way.
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For years, storing data onchain was considered "the dumbest thing" all you need is a HASH! Turns out, the market wants dumb shit
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I mean, sure, yeah, but where are we getting these dev cycles?
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Always blocking shit, I swear.
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These literally are two separate proposals, hence why they are called Proposal 1 and Proposal 2. I’m sorry I overloaded you with good ideas all at once and you couldn’t take the intensity. Let’s start small. Proposal 1.
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censorship resistant
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No it just made everyone else lazy and complacent wrt running a block explorer
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agreed
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Sounds great, and bitcoin isn’t the place to store entire files, and if you disagree you’re just being silly. Maybe in such a foolish scenario blackrock and JP Morgan can store a 64x64 dog gif in 2050, but no one else will find it useful
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truth. made it easy to work on other cooler things instead of worrying about the basics that should be part of the protocol (irt lazy devs')
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Please think of the future
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I JUST TOLD YOU.
Maybe to send transactions.
Yes to nodes getting a piece.
No to sidechain. -
Tell that to the 50 million Ordinals and the millions being invested in it
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Okay so we do agree on proposal 1. That’s a start!
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That's the thing. That's exactly it.
We're just being silly. -
The 10 year history of counterparty is full of twists and turns, this is just the latest one
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Just because rich people do dumb shit with their money doesn’t make it a good idea. Elon also bought Twitter for 50 billion dollars. Doesn’t make it a good idea
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I am hoping out of this kink in the hose can come a new counterparty that actually will get creative attention and get people excited about it again. Because as is it seems xcp is being kept in hospice and refused visitors
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Maybe what needs to happen is a fork and XCP++ to be birthed if the changes proposed are too radical for the devs
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fuck around and find out is the motto
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Good tooling and marketplaces came out of that dumb idea. The Ordinals ecosystem is actually quite amazing in terms of what has been built in one year. We can bang our fists and say "the market is wrong and stupid" and that's fine, but mindshare and network effect is what matters and Ordinals has that
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PSBT became a thing due to Ordinals. Taproot now has actual uptake because of Ordinals
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But who's writing this fork if it's "too radical for the devs?"
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non-devs
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Bitcoin full nodes being run have never been higher because of Ordinals
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Yes, and this is because several venture capitalists are funding their own infrastructure from the ground up, so they can have complete control over their projects. This is an impossibility with Counterparty, fundamentally due to the way in which XCP was created.
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Your maximalist attitude of “money makes right, always” isn’t endearing. By your motto you should have long since moved onto ETH by now. It’s also no wonder with such a philosophy you saw an opportunity to degrade XCP for personal profit and took it. I remember you as being more thoughtful and more motivated by the art, not the subjective profits. I would urge you to return to your more altruistic and objective roots you entered the space with in 2016
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That being said, pure purist ideals are also toxic.
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BTC maxis insisting no other chains can ever exist has obviously been shown to be untrue
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You don't build a Google without VC funding. Its the way of the world.
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it's the same reason stamps run our own nodes, for full control. however not funded by any VC's. It's more about what you build on top of bitcoin or xcp, and not just worrying about profits from the core layer
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It’s a good thing you didn’t invent Bitcoin, or you would have ICO’d it
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Bitcoin Monks are my favourite Maxis. Noone is here to actually make money lol
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i mean unless you run mining rigs as well which has been working out nicely 🙂
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I don't know why you would say that, of course we're all trying to make money. Of course we all like money.
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Whatever your priority is will dictate what you will do. If your goal is to make money, and that is what you are maximizing for - your actions will destroy everything else except that goal. You have become the embodiment of corporate cancer that is destroying this planet. If your priority is to build cool shit / you will maximize for that goal, and not care what traditions or venerable institutions you tear down along the way.
Just be careful you don’t tear down the pavement under your feet -
Not me, I actively try to make decisions that will lose me money
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That’s why I spent a considerable fortune in 2017 buying counterparty at its peak