- 08 January 2024 (1209 messages)
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As well that’s why for years I haven’t gone full tilt into any nfts because Ethereum has always seemed yucky, even though that’s where the obvious money was. I made the mistake of eschewing it thanks to the wisdom of the BTC maxis. But also XCP provides zero incentives for developing or building on it at all.
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It's a catch-22.
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Other than the fact that xcp was the birthing ground for nfts, which has tons of value today. But there’s no value prop in making new nfts in 2024 on counterparty. All you’ll do is frustrate the collectors who want to pay you ethereum for your work
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It pains me that the first thing a LOT of collectors do when they get a rare Pepe is send it to a centralized vault so they can have a fucking representational Eth nft
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It’s instant access to ETH liquidity and services
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"But there’s no value prop in making new nfts in 2024 on counterparty."
Around 200,000 assets have been issued on Counterparty over the last decade. 40,000 of which (20%) were issued in 2023 alone. Bitcoin Stamps. Counterparty has never been more popular. -
Anyway, my rant for the night is over. I do want XCP to do more than survive - I want it to thrive and I want to want to own a big bag of it again. And I also want others to want that.
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You can vault a pepe then take a loan against it with something like arcade.xyz
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Maybe forking it and creating XCP++ is the path forward to that.
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It’s completely ridiculous, I love the new world of post modern finance
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I can’t really code, I’m more of an ideas guy, but I’ll ask GPT-4 what to do and I’m sure it can help me whip something up.
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AI coded blockchains are coming fellas / hope you wizards are ready
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NFT loans are like my favorite thing ever for the sheer insanity of it.
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You can still burn BTC for xcp on testnet… hence why the burn option… try to burn on mainnet… u will get error in wallet👍🏻
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The world is insane, why shouldn’t we borrow against our frog jpegs
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I know a guy on the early ai chat who is willing to loan people $5000 at 10% interest using the KEKSBASILISK card as collateral.
….for the record this is a card who’s private key was wadded up on a post it in a storage bin at the bottom of a closet somewhere for 7 years until someone noticed it was the first major usage of AI art a couple of months ago.
The future is ridiculous and I love it. -
On Bitcointalk you can get no collateral loans for up to $1k or maybe even more, based on the standing of your account & its ability to generate ad revenue from your signature space. The idea is you don't want to f up your account by not repaying your loan, and most of the time it works (people repay their loans).
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My americanpegasus account was hacked years ago, and I’ve unsuccessfully tried to prove it’s my account so many times but they want me to sign a message using an old address at a specific time frame and window and do a song and dance and fuck it
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I’d love to have my OG account back but damn.
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I can legit help you with that... I remember you from back then
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I was literally xmr’s biggest cheerleader. They got me out of the rat race
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Allowed me the courage to quit the military, which was huge
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I owe XMR a lot.
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I currently run my market and trading chat here on telegram called (affectionately) “americanpegasus” - which is the name of the link too
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Thanks for caring
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In the 50s the tradesmen were furious that the capitalists were getting rich without doing a day of hard labor. In the 90s the capitalists were furious that the tech nerds were getting rich without ever stepping inside a factory. In the 2000s the nerds were upset that the dot com kids were getting rich without ever touching hardware, purely by programming. In the 2010s the programmers were furious that the crypto kids were getting rich without ever deploying their own software.
So what makes the crypto kids furious in 2020s and 2030s? Likely kids using AI to code their own blockchains and assets and doing zero work -
It's probably silly and I don't care... but my thing was in yer whosits and it made me chuckle
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If you are doing a charity and want to diversify the sources... probably try something like engiven. So you can just give btc people a btc addy.. eth an eth, so on...
Cuts down the need for additional explaination. -
Okay I’ve never actually looked at engiven before and that is an amazing service - damn
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I did a fundraiser for a non profit on xcp in 22'
It went really well (for me) but because there was a diversification of sources (btc from xcp and eth from emblem) we used engiven for the charity and they accept all types of coins.
Just a heads up -
Very fucking useful! Thanks for encouraging me to check them out. I don’t think it really applies here because I’m selling a thing (an nft) of which a portion goes to charity, but I’ll check their user docs and rules
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Holy fuck... ayo... I helped somebody in the xcp chat.
I'm about to wake my wife up -
That's exactly what I did.
A percentage of sales went to them -
I sold the nfts and gave them the monies and posted the links on the website of my tx sending monies so people didn't think I was buying hottubs and Japanese toilets with the child labor breadingtons
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Funny thing is a part of the fundraiser was a vinyl record... scrilla showed me when explaining btc. And that record was created by Bitcoin Audio.
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I heard that Burris is a baaaad muthaaaa
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....I'm just talking bout Burris
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Look... this is the most I think I've ever said in this chat cause I'm usually people watching while smarts shout at each other.
But I'm new... 21' new
I build stuff here...
I do stuff here..
You WILL not find a better group of people or a place that supports creators and innovators.
Also you get to read some fucking too tier sarcasms.
All jokes aside.. this is Sparta. One person/dev/collector/fren here is worth like 60 somewhere else
And I've been most places.
See past whatever trepidation and build ur house out of bricks. -
Michelangelo was the OG dumbass. Sculpting David out of marble ... didnt he know of clay?
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Surely you’re not suggesting every dog jpeg should be stored on the Bitcoin blockchain. Your analogy is poor.
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It would be like every artist needing to create painting and art in the Sistine chapel to be remembered, when that’s obviously not true
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Bitcoin maxis: the base layer can’t do everything - secondary layers will be needed in order to scale
Also bitcoin maxis: anything that isn’t base layer is shit and useless. I got my stash of bitcoins, as long as daddy Blackrock pays me for them I don’t care about usability or the future -
Also also bitcoin maxis: “Lightning networks”
…but that doesn’t even have anything to do with what we’re talking ab-
“LIGHTNING NETWORKS” -
Where did i say "every" artist? In the physical world great art are made on cardboard (for trading cards), paper canvas, ivory, marble... almost anything can serve as an art medium. Depends on context. Same for blockchain. Fully onchain, hash, naked token .. all depends.
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Its not a good analogy IMO, digital artist should care a lot about permanece. Thats why we dont have many sculptures done in wood from over >500 year. And thats why we dont have many napking artpieces. If you ask artist in Stamp space or Ordinals Im sure 99% want their art on-chain.
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Man this place is on FIRE!
For sure more interest in counterparty than I can remember for a long time. -
both down for me too
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Why have all well-known exchanges terminated XCP trading?
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Link
Buy Bitcoin and Crypto, trade over 500+ coins, stake, try demo trading, and get soaked in play2earn games. Welcome to the cryptocurrency exchange of the free
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For now, grab some XCP here:
https://t.me/xcpdesk
Good things are coming, I can feel it..... -
Counterparty Price | XCP Price Index, Live Chart and GBP Converter - Binance
2024-01-08 - The live price of XCP is $5.133367 with a market cap of $13.42M GBP . Discover current price, trading volume, historical data, XCP news, and more.
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If it’s a recent dispense, you probably just need to wait a few minutes for xchain to update balances
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xchain is almost half hour behind https://xchain.io/blocks
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But we already solved this: Bitcoin has a fee market. Those willing to pay the fee get included in blocks, we don’t need to worry about what the base layer can or cannot do. The market will decide.
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nice! great to see the usage uptick. that's a great sign for growth and user base
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xchain parsing lagging because numeric spamming is continuing.... wont speak anymore on it... other than to say.... you all know my views, this spamming needs to stop ASAP...
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heading back to bed.... still got a 103 temp and didn't sleep last night
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confused if numerics are filtered out, but nonetheless. even btns broke xchain so it seems super fragile
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rest up. hope you feel better soon
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I would encourage that jdog merges it on his fork so we can move on to more important topics
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Counterparty is parsing blocks good the bottleneck is in the counterparty2mysql PHP script running for xchain right?
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no problems here
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loads of api requests and traffic to stampchain. nearly record highs! I'm bullish!
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and you said you didnt want to force a fork.... spamming numerics and taking xchain down as some power play is not gonna go how you think bro..... you just lit a fire under me to ACTUALLY fork.... up til now was all just threatening fork to force CP dev to cooperate and progress.... but, this spamming just forces me mto make a choice.... have XChain down for 30+ days... or force a fork and solve these problems immediately
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We aren’t forking
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Didnt want to do it.... but its done now... will be updating xchain to run in 9.62.0 and add immediate fee on numerics.... suck we are where we are, but as I said before, I wont let one project attack/cripple CP
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just FYI... stamps devs are still playing games and spamming numerics to take xchain down.... done with all these childish games
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gonna put 9.62.0 on xchain and be done with it... sorry guys... tried to avoid a fork (my history demonstrates it clearly).... but DONE dealing with this Stamps drama and need to move on.
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This is not true ser is another 10k src721 collection minted by openstamp, another team working on stamps
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users seeing the value of CP assets and paying to mint art work is not spam ser
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jdogparty ensues
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please adjust to remove all stamp named assets as well. more named 10k collections coming
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counterparty is functioning 100% normally
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jdogparty is down because of shit infrastructure
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keep playing checkers bro.... chess time
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cute
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suddenly not feeling so sick... got plenty of energy to work on xchain updates now... yay!
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this is what you run xchain on?
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So am I gonna have two copies of all my NFTs, one on XCP and one on JdogCP?
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for my part I’m super pumped to see the increased adoption of the platform. I think that the large volumes of numeric asset registrations are a priori a good thing(TM) that should be supported if at all possible. (though I’m also not against additional XCP fees where necessary) I totally see how @jdogresorg is burnt out with all of the incredible work he’s done to support the ecosystem over the years ❤️, but I think a fork would be an unfortunate outcome… as others have said, the STAMPS registrations aren’t a protocol-level problem at all. and it’s simply unnecessarily difficult to use Counterparty to run a simple block explorer. I think we should all focus our efforts on making it easier and cheaper to run a block explorer so that we’re not faced with false dilemmas
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everything takes place in the dev channel... for the past 9+ months.... always talking in circles... unfortunately, feel the drama has to spill out into the main channel in order to let ppl know what is going on... a chain fork is a serious thing.... I am doing what I need to keep xchain up and running and am setting up xchain on 9.62.0 with activation of numeric fees in 20 blocks.... maybe the community wont come with me.... maybe my fork is just run on xchain to keep it up while community decides what is best for main counterparty.... but as for me, I am done with trying to be nice, and ask nicely and be patient..... this has been an issue for 9+ months and I am DONE
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okey lets put things in perspective, what will change with a fee added? fee is absorved by the minting platforms and all the tx goes through cp normally, they face with counterparty2mysql script and xchain is down again do you see that this doesnt solve anything?
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Not to pile on but I want to point out that these things can all be true at once:
- The performance issues that have surfaced are independent of numeric asset issuances
- Counterparty handles existing tx volumes fine.
- counterparty-lib can and should be improved to handle higher tx vols performantly
- there is a real discussion to be had about whether and where XCP-denominated fees should be added to the protocol -
awesome! I certainly hope to see you and other core devs make improvements to CP...... not sure I want CP to turn into some ETH style 10k PFP spamming platform.... but hey, if that is what the counterparty community wants, and they value one newcomer project over everything else... that is their choice.... I am making decision I feel are best for myself, and for the Counterparty community 🤷️️️️️️
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if there are more assets on counterparty, the first ones get more value bc more people uses the platform and are more rares
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this is onlly if the fee is implemented on the core CP bits.
And yes if the fee is taken care of by the minting service and seamless to the user then yes xchain has the same problems from the minting volume because of the script that migrates cp data into xchain db's -
which WILL be a problem as more named stamp assets are created at volume regardless of fees on one or the other
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this is what i was meaning my english is not perfect thanks for translation
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ser, please admit that you are forking from the core CP bits. The core CP is fine, and devs are rallying behind all the upgrades mentioned.
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henceforth jdobparty in 20 blocks. nobody is angry about it
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stampchain has seen record api usuage and no problems either
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lol... yeah... with no APIs, no traffic... but keep playing games... lol
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a sole xchain problem shouldn't hold the CP community hostage
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LOL we use xcp.dev API heavily
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we are building that apis
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and yes it has apis and we are using it
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more calls coming to support the core CP community and not have to worry about xchain performance
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really? wonder why all your stamps infastructure stopped working when xchain put rate limiting on then? cuz xcp.dev is ready to go
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when did it stop?
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stampchain never used xchain api's
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just stopped third web sites like rarestamp
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all this is lame and pointless bickering... i'm running 9.62.0 on xchain now and the chips can fall where they may... back to bed now
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been working with xcp.dev on the public apis ofc since we couldn't ever rely on xchain
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LOL... yep... you totally werent' relying on xchain infastructure at all
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enable rate limiting and traffic drops by 70%.... but totally not stamps beating on xchain... lol
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as i told you this was me
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just call it jdogparty and be done with it. everyone is grateful for the clarity and longevity of your tenure. no need to keep threatening the core CP user base.
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We should give the devs at least a few days as an option to push the change to the official repo.
Instantly automatically forces a fork. -
and we relayed bc 9 months ago we were talking and you told us to use it, my fault, wrong decission i should have done my own infraestructure for this and dont relay on third parts but was the best option at the moment, as i was new and as i thought xchain was opensource, again my fault bc i didnt research about it enough, now working on replacement for all your apis in a opensource repo
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why a few days? this was a proposal on the table that everyone was planning for in 30 days.
It's only childish behavior and shit infrastructure is why xchain is forking early. This is fair usage, and usage that will continue with named assets. fee or not. both of which will take down xchain regardless of some trivial fee. -
yes this will force a fork bc for a non oficial non opensource explorer has problems in one service he uses, not bc of a low performance counterparty-lib just because HIS PRODUCT is not allowed to run in high usage enviroments and dont want to fix it bc is working on btns
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I agree, that would be better
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stop playing games.... a fork was threatened 9+ months ago in may... I backed down to let everyone talk and decide on a path forward.... yesterday I enable rate-limits on xchain... today stamps numeric spamming continues to try and take xchain down.... I see through your fakeness.... yet here you are faking like the voice of reason and "cant we all just wait".... I've waited 9+ months... been more than patient... done.
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this REALLY should have a fee on broadcasts as well in CP to make the playing field level. That's where the real spam is. Completely useless data filling up the DB.
The numeric assets are valid images and completely usable with all CP features -
nobody gives a shit about your penny fees or threats bro. make it 20XCP for each issuance if you really want to kiill CP adoption as you say you do.
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ser you are not just adding rate limit, you removed a part of the protocol so xchain is not a full explorer anymore, is now a directory, and what i dont understand is why are not you removing it also for the counterparty2mysql
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please remove all stamp transactions from you directory as well. it's bullshit that you would try to represent some of them while hating on others.
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what does that even mean? you are going to remove them or not?
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childish images that don't directly adress things don't help anyone and is why the community is being held hostage by xchain.
I'll mention it again since it hasn't been addressed. Stamps will progress with many named assets and 10k collections that will continue to be a problem for your xchain directory if those are not removed immediately -
the fork addresses things 🤷️️
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like what?
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a pointless fee that will be absorbed by the minting utilities?
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Why don't u argue on other wallet/browser creators to give u free infrastructure, pay to play, you list any bitcoin asset on eth u pay a tax
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done talking.... back to coding... suggest you do the same 👍️️️️️️
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continuing to flood your beloved archaic infrastructure and bring down xchain so we can continue to hear the complaining
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10k named collection at least would pay a fee like rest of us
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they do give us free infrastructure
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Now THATS a threat
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sure but they will still take down xchain
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the fee is not the problem
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^^
This -
The problem is u can't except a decision in how someone runs his own product, build ur own
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we are
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Stop trolling then
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but we won't allow the entire CP community to be held hostage by an angry dev
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Then make less noise build faster and crack on.
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he can move on to jdogparty and let us continue building CP
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I don't feel held hostage... do I count as the community?
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LOL
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Love watching you reeee every day
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Ooooh gaslighting much?
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i have nothing to whine about
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i don't' give a shit about his fee on his fork
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or on the core CP bits. we will continue to support the core CP bits regardless
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you mean my intentions of fully supporting ALL cp assets and supporting growth. Not inhibiting it and limiting usage?
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how so ser? it's truth
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my intentions are transparent in that statement
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You still don’t get it. U are the mark. 🤣🤣🤣
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I have a legitimate question... At least I think it's legitimate.
Why were stamps using numbered assets to begin with? It's not like they're easier to look at or manage. I have a couple. Why didn't they use named assets from the start? -
Plus you don't own how the "stamp" protocol inputs data, was done by adding base64 before bitcoin stamps
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the mark for speaking out against a directory that censors, restricts access, and pushes roadbloaks to devs building on an open source protocol? hilarious to say the least!
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Let jdog concentrate on what he wants to show on his product, and u concentrate on your own infrastructure, what will be will be
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best thing i've seen you type
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Can I show my danks on any stamp infrastructure
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So, The World Temple has been set up to handle bitcoin via cp with tokens... what is the goal here... I've been stating since 2012 am here online with cloud to pay it forwards <online earned income> every 7 days as a bloggers, artists, digital finance etc...to inspire families to leverage abundance sustainability while transitioning here to digital coin... what are you all doing?
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Your stamps are going to zero.
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Do u see me complaining?
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fully onchain at least no pointers to broken websites and stored at xchain
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guess since RAREPEPE image is not stored on chain that RAREPEPE is worthless 😂️️️️️️😂️️️️️️
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you can believe that imags have to be stored on-chain... but its clear that it is not necesaary
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just a few more blocks 🙂
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Those damn Chinese rats 🐀
This happened overnight. Fastest 10K mint we’ve ever seen. 30 minutes. Incredible.
Stamps is finally hitting the big leagues! Filling up them blocks!
https://x.com/mikeinspace/status/1744374076724924538
Btw, lack of freewallet/xchain support didn’t incumber the 10K mint at all. Tooling is being built by multiple teams to obviate the need for it. In this case, OpenStamp doing some very cool stuff with PSBT.
https://x.com/btcopenstamp/status/1744339619729297617 -
Ya and burn down the Louvre too because the Monalisa is not stored on chain
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Fake and ghey!
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Just like the peoples ignoring the reasoning for paying it forwards for abundance sustainability programming, by the peoples for the peoples globally. Computers amplify capitalism, anyone know how to drive manual, or u on some AI project working for the machine here vs one another?
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Again trolling on the very thing that made you want to be apart of this community
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eh... I think the 50K MINT transactions spammed via BTNS in less than 12 hours a fwe weeks might be the fastest mint.... but hey... dont care about promotion, so not trying to make it this vs that... glad your seeing some ppl using your stuff.... definite value in open/fair mints 👍️️️️
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am i the trol ser? you have been trolling full week
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@teysol you really should take a close look at the Stamps ecosystem. Happy to jump on a call anytime.
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Me, I've said max 15 comments
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SPAMMORS
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true sorry i thought i was answering gmoney
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does anyone see the irony here. 50k mint on CP is ok? hahah hilarious. I'd call for a fork with broadcast fees.
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this 50k mints are not paying fee neither
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bitching about actual art projects on CP and simultaneously creating a shitcoin shitshow on CP at the same time. What's the motive?
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What happened to all that xcp u bought to do named stamps?
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so... get CP community to put fee on what you feel is abusive behavior.... as I am 🤷️️️️️️
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You’re getting out of hand with the personal attacks
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it's just waiting to deploy some 10k named asset collections to take down jdobparty xchain after he forks is all
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i prefere look for REAL solutions that solves the problems of scaling that adding a fee, i dont have 1% of XCP (dont want to neither) i prefere having a btc fee that has some purpose not just pump and dump a token
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he did call it a FORK.WAR afterall
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Thanks for FINALLY showing your true intentions.... to take XChain down cuz u salty 🤷️️️️️️
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infrastructure that needs to be throttled and scale down to handle a heavy load is a major wakness
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I look forward to 10K named assets being spammed 🙂
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gotta troll with the rest of these clowns
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i don't see the difference between numbers and letters for the same asset / image so what's the point
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FORKOFF.WAR actually... side-note: send ur address... i'll send u some 🙂
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As we argue, I think it’s pretty evident that the genie is out of the bottle. I can’t stop it, neither can Kevin. There are MANY active teams now working on Stamps. And most of them are not even in this room.
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i love this place! thanks fren 1MZUaVy6y7vmwh2MqMKTFy2JiqXteyevpN
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yes, you have a whole army of 3000+ ppl who can come in here and scream "stamps"... doesnt mean you speak for the community (or that I do)... I'm making decisions i feel are right for CP... same as you 🙂
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we are in alignment. everything else is just noise trolling
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hahaha on stamps it's pending
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more assets though
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I have no army. I control no one.
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can barely control myself jajaj
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i did
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hrm... not that I can recall... I remember ppl passing around asset ownership a few years ago, issuing a subasset, then passing asset ownership on to the next person to issue a subasset.... cant remember the asset name tho
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Pfpepe is one that works this way
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is there a way to batch create assets? like. mint 5000 xcp assets in some software automated way?
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Noone right here... oh?! How so?
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not that I am aware of.... I wrote some scripts to batch register assets in 2014 when I registered about 40K asset names.... but haven't used it since then.... bulk registrations are tricky, cuz you can only chain so many txs together... so gotta seed the bulk registration wallet with a bunch of UTXOs.... so you can have thoussands of pending issuances at one time
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go to your safe space then
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it's just a silly game with imaginary things anyway sheesh why so serious
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you are the trol that doesnt hear that cp is not xchain and that cp is working smoothly and cant handle this and more, you can check how xcp(.)de is working good
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is there minting api calls on xchain? like, if we make a website so people can mint their own assets with our art, is there an api call that would let us do that?
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Technical Specification | Counterparty
Read API Function Reference
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maybe for you.... a ledger with hundreds of millions of dollars locked up on it is nothing to play around with... we may all be using CP for fun / lulz... but there is serious money on the chain, so forks (especially ledger forks) should be taken very seriously and avoided at all costs 🤷️️️️
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we are on same page still... doing what we both feel is best for CP.. but worth mentioning that more at stake here than stamps vs xchain
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this is counterparty api
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like i said, imaginary things.
It's a function of wanting growth, growing users, and raising the value of all assets. vs stagnation, rate limiting, and inhibiting development -
Oh. Misread Juan's ask. I'm sure he won't mind.
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but yeah from what i understand you are staying in consensus on the ledger hashes anyway so it's not really that big of a deal for sorting things out later and maintaining the value. which we both definitely want.
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it does get everyone RILED up for some solid memeing though
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Now THATS a threat
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In case you still haven't checked it out, now's a good time as ever to peep https://rarepepewallet.wtf/wallet.
Things may get a bit choppy out there in 4 or 5 blocks.Rare Pepe WalletCollect rare pepes and mint new pepes on Bitcoin.
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Especially if you're trading Stamps for non-stamps and such.
Kk, gl all. -
Sounds like you should go start developing Solana shitcoins then and leave counterparty for those who aren't swayed by the whims of 17 year olds.
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Lmao thanks
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I had this thought this morning - a chain fork is a serious thing, and it's messy. And then we'll have two sets of damned pepes, etc etc. What about a chain relaunch? If you create a superior version of XCP, let's call it XCP++, why not just launch a fresh chain and product?
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jdogparty. would keep things clear for the community
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No this attack is good. Makes us stronger
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All I see are two loud and angry voices because their money-making scheme was destructive to the protocol and shut down, and now they are mad they can't continue to destroy the protocol with their money making scheme, and are angry at the one guy trying to make the protocol actually better? Do you even hear yourselves?
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Rare Pepe collectors be damned.
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"wait wait let's see what hamas has to say for itself"
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This we actually agree on.
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However, a divisive chain fork might cause some real damage when people aren't even sure what Rare Pepe they're buying. On the other hand, I feel that jdog is such a large part of xcp that if he reboots a new chain, the original might die. Perhaps there can be some kind of bridging or onboarding process of old assets.... I don't honestly know the answer to this one.
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My Rare Pepe bags are unobtanium heavy and have dramatically changed my real life multiple times - I hold them dear and consider this conversation very important in terms of my actual practical life and future. If rare pepes went to zero due to the protocol collapsing, that would represent a massive material loss for a LOT of people across the internet, including me.
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Without an xcp tx fee there are other attacks that can happen. Correct me if I'm wrong but there is an actual limit for how many XCP assets can be transferred per block right - which is why stamps were a problem to begin with.
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So let's say an OG bitcoin whale is annoyed by the counterparty spam and gets their hands on 5 million ZOMBIEPEPES
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And proceeds to instigate a spam attack at cost to themselves and floods the xcp tx queue to the point of being completely unusable. The cost of such an attack wouldn't be trivial, but it would definitely be possible for a whale with 10k bitcoins.
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An xcp fee-market for tx solves this before it even starts. If the btc whale wants to spam the xcp network then they'll also be paying the xcp masternodes who are securing the network for their trouble.
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there is no counterparty chain and xcp nodes do not communicate
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I know this. however that is what I am proposing.
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In order to advance the protocol and make it censorship resistant.
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No.
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But XCP should be required to send XCP assets.
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nobody is angry, and nothing is shut down to be clear. I agree the stamps devs are working rapidly to improve the protocol and make it more robust into the future. with or without fees. It's making counterparty stronger and more resiliant to not rely on one public source of truth.
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And the logical place for that XCP to go is full nodes who are also staking large amounts of XCP.
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I'm sorry that the idea of XCP being useful makes it sound like a shitcoin. Burning your useful token also makes it sound like a shitcoin.
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Redistributing XCP to XCP holders and those who validate the network with a full node shouldn't be a controversial take.
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And eventually, if it survives long enough it will require a central source of truth to change the math so it can still function. Hence, it's not censorship resistant.
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Yes an arbitrary amount decided upon by a centralized authority.
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It's not self sustaining.
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i would stake large amount of xcp for a node if it makes sense
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Is it bitcoin that decides on the amount of XCP burned per mint? Or is that a hard coded constant by a central dev
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me too!
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Yes THANK YOU. Some sanity.
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Imagine hosting a node, getting paid a small sack of XCP and being able to use that XCP to pay for your own sends and mints.
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Burning is shitcoin mindset.
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hardcoded in protocol... eventualy we will move to dynamic fee... but hardcoded for now 0.5 XCP = named assets, 0.25 XCP on subassets... and soon 0.10 XCP fee on numerics
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Nope. It’s an offering to the gods
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Please explain how you will game a system where you must run a full node and also stake a large amount of XCP. Don't worry, I'll wait. Or you can just "reeee" and claim "shitcoin!" without being able to respond to the core argument, which is solid - and also in practical use in several respected privacy blockchains
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really no reason they shouldn't all be at 0.5 XCP and add in broadcast fees. these are just random numbers
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A valid consensus mechanism.... that requires eventual centralized human intervention. The bitcoin wiki is wrong and stupid about this.
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Yes, doesn't make it how it must always remain.
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CP doesn't have traditional nodes... netework is not any stronger by more ppl running nodes... nodes dont communicate with one another, they just talk with BTC blockchain.... TLDR, no XCP staking, no way to incentivize ppl to run nodes (nor should we, dont need lots of nodes), all CP been running on prolly 1-2 nodes this entire time.... the Blockchain is the source of truth 🙂
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Strict adherence to the past without regard for what makes sense in the present is fiat tier stupidity.
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for sure open to changing... just stating what we currently have 🙂
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Well the idea for traditional nodes does play into the idea of eventually running a sidechain that can store nft headers, and eventually maybe nft data itself - for the cost of XCP. Hence the XCP++ proposal.
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yes, thank you for the clarification for us crayon connoisseurs
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3rd parties offering tokenized services will run their own nodes eventually
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You already deal with centralization of authority without blockchain... blockchain ain't gonna free us... just a lid on system now with cloud... anyone got a blog to pin to mine for paying it forwards to those inspiring abundance sustainability... keep using your local currency also.
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Best thing is that an XCP++ would be fully compatible with XCP. And people could ignore it if they wanted to. However if you wanted to cheaply store the entire data of your nft, you could insert a chain name / hash / or whatever into the OP_RETURN which specifies: hey, this is an XCP++ asset, you can find the specific nft data at [location]. The person who hardcoded that into the XCP++ blockchain would pay some XCP to everyone running an XCP++ node for storing their stupid dog jpeg in perpetuity. Of course, deletion is a real possible problem, but solvable with some hoop jumping. Or maybe it's just permanent, who knows.
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Go start your own xcp++ let us know how it goes
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i'm just an ideas guy
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with a big mouth
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proof of burn incentivizes holders in a terribly exponential way such that no one is incentivized until a vast majority of the protocol token is burnt and the supply constraints are felt (at like 80% burned) at which point manual intervention is necessary because the ecosystem cannot even function anymore at the hard coded rates. it's mathematically and economically dumb.
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it only appeals to non-imaginative bitcoin maxis who can't conceive of anything else ever being valuable but their boomer bits
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Fear not. Trust the plan
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"don't look up"
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This is math. We don't rely on faith. Satoshi didn't ask us to take his word on it - he wrote an elegant proof showing how the system would work and incentivize miners and holders in a novel scheme. The first reply on the mailing list (as I recall) was "gaaaaaaaay"
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good thing I just pushed it to my own personal repo and not to counterparty-lib
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this would be an attack to the protocol itself
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semantics... some could see your spamming of numerics as an attack on CP the last 9+ months.... stop with the drama.... fork has happened... lets figure out how to move forward now
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I'm an idiot who can't set up a printer without help.... but ABSOLUTELY NOT
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Anyone got a link to the chat for Counterparty Classic?
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censorship is being supported in xchain now
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You either die a hero or live long enough to see yourself become Lukedashjr
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Are your feet tired from virtually running around in circles and seemingly getting nowhere? Do you wish you can just throw on a pair of sneakers and run away from all this drama? Well, you're in luck!
https://pepeflyers.com/sales/pepe-flyers-v2-green
Get yours today. -
Best take of the day
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there seems to be a lot of confusion about what's happening with @jdogresorg 's "fork". what @jdogresorg seems to be doing is just running xchain.io off of a custom version of the counterparty software that implements a protocol "hard fork" (that the community generally seems not to be in support of).
what that means is that that balances of some users will be misreported on xchain.io, but only slowly, over time, as users actually interact with numeric assets over time. everyone else running the counterparty software will report the correct balances, and you definitely won't lose your XCP or tokens or anything like that -
what if he runs freewallet off that fork?
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Freewallet IS running off that fork.
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Al (@al_fernandz)
I'm stopping counterparty data updates for http://pepe.wtf for the time being. Be good
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we can agree to disagree that the general community disagrees with the XCP fee.... IMO the CP community agrees with the XCP fee... Your just listening to the very new / loud voices of the stamps devs..... stick around a bit... you can see WAY more people in support of the XCP fee than not in support of it
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will the main counterwallet servers run on this fork too?
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No.
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nope.... everything that I run for "counterparty" (websites, all the API servers, counterwallet, etc) will stay on 9.61.0 as that is what is officially "Counterparty" at this time
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If numerics are now hidden through the tooling why would the xcp fee even matter at this point? No one will be issuing them on that fork.
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I'd like there to be an option for "not right now—not because xchain.io is overloaded"
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"that the community generally seems not to be in support of" this is bullshit
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The community doesn't want a fork.
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why make it so personal? XCP fee should be or not be... me being overloaded or not should have NOTHING to do voting... I wasnt overloaded 9 months ago when I brought up this issue, or during the 9+ months of conversation 🤷️️️️
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proof of work fee or GFY is the consensus
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You run a node?
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It isn't.
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Yup there is that option
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Also, odd place to just chuck in the phrase "proof of work."
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5 xcp bag holder says wat
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Anywho, reminder that https://rarepepewallet.wtf/ runs off the Counterparty API. If you haven't checked it out, now's a great time.Rare Pepe Wallet
Collect rare pepes and mint new pepes on Bitcoin.
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I think there needs to be some clarity, people have basic questions.
-Is there a double spending danger between forks?
-Do I now have two rarepepes one on each fork?
-If I stamp using the 0.1 chain does it show up on the non 0.1 chain?
-If I mint on one chain anything is it on both?
-What other things do -non technical- (the majoirty) of users need to keep in mind to avoid rekt? -
A lot of these questions are thought exercises people need to think through, FWIW. The answers aren't always apparent just like that.
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That is going to lead to rekt
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Honestly most people dont read much, its amazing that they are able to use counterparty at all considering they are used to metamask and press buttons
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For ALL of us to move forward we need mega easy answers
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We also cant get new people if there is fork fud, one bad experince, starts a story ect
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Probably.
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so, theoretically, someone could say "hey, I'll sell you X if you give me Y.", the other person agrees, and the X seller could say "see, on xchain.io it says that you received the money; give me Y now" even though the transaction sending X is only valid on J-Dog's fork: the Y seller could be duped into thinking they've been paid
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Before we go into the merits of each fork, ALL of us need answers for people
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If integrated in the counterparty repository.
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This conversation is not about who or which is better, has more merit, but rather an emergency FAQ so that people dont get rekt, and new users are not turned away due to confusion and fud, on top of that scam prevention
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it will
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They will only be on one chain
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from this point on, but the old ones?
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what happens if somebody trades one of those for any Rare Pepe?
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There's nothing to trade on the J-Dog fork.
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Other way around, what happens if somebody creates a numerical in current counterparty, not in J-Dog fork, without paying the XCP fee and trade it in the DEX for any Rare Pepe?
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I'd imagine core sees the trade while J-Dog doesn't.
That's what I mean by there's nothing to trade on the J-Dog fork. -
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Ser I always count on your answers
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It's funny because I always count on yours.
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IMO it would make sense to call the stamp fork, stampparty or something
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But currently stamps is not forked
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i didn't think there was a stamp fork
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The Stamp folk are running core.
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lol
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so basically we have counterparty (w/ stamps) and counter-counterparty?
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counter-counterparty = party ?
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or -party
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?
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pretty sure that is not correct
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so far differences are very small, mostly is about the same except for the numerical issuances
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wrong... all continues on the same.. only difference is after block #824,888 numeric assets that dont pay a 0.10 XCP fee will not exist on xchain.
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such a beautiful UI.... I wonder how many wallets the API drives and how many users it has 😛️️️️️️
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and numerics that I make on the stamp chain, for free, will not show up on xchain or freewallet
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Correct.
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so legacy pre stamps numerica no longer exist on xchain? or specifically things with the "STAMP:" prefix?
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no numerics
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The good news is that OKX is integrating full stamps support into their wallet. should bring a nice amount of users to the core CP user base and a well built wallet option.
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all numeric assets that existed on 9.61.1 before block 824888 still exist in 9.62.0.... XChain does not show ANY numerics at this time.... maybe after all this drama is done, I will reconsider my position... but for now, no numerics on xchain period.
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Also It will be fun to pay for millions of numeric assets on the jdogparty, only to have that XCP balance still exist on core to pay for millions of named assets as well.
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fortunately, your spamming will have a BTC cost associated with it.... try to take down xchain all you want bro... it'll only make it stronger 🙂
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obvs people are willling to pay the btc fee no problem
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and thank you for finally clarifying your intentions.... true community member... planning how to take down xchain so your project can get some news... again, not gonna play out how you think... you'll see
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0.1 xcp is not a deterent to anything expecially if those funds can be used twice
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nobody is trying to take down xchain. simply trying to make CP stronger and more resilient
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it's just. a coincidence. i didn't even know a mint was happening today
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me neither
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CP is already stronger cuz of this... ppl scambling now to make database updates i've been screaming that CP needs for years..... sucks how it is coming about, but your correct... overall, CP is growing and becoming stronger
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-Do I now have two rarepepes one on each fork?
-How are we going to declare the truth of which asset is - the asset- on the directory or index level? Open for discussion
-If I stamp using the 0.1 chain does it show up on the non 0.1 chain? No numerics on the 0.10 chain currently will show up on xchain or freewallet
-If I mint on one chain anything is it on both? no numerics currently on 0.10 fee chain
-What other things do -non technical- (the majoirty) of users need to keep in mind to avoid rekt? -
Dont trade any numerics for a while n you should be fine 🙂
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JDog playing with the prey before he kills it lol
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to be clear... not playing games... we are talking about a ledger with hundreds of millions of value locked up on it... every decision is weighted
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Considering that numerics are the hot item right now, the dont trade for now asumes that there will only be one fork in the future, correct?
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good luck with OKX onboarding users to CP.
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Right. The assumption is that this'll get straightened out in the short-term.
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Since they are the main thing traded right now, there are people that could get rekt
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already got binance n OKX reaching out about listing BTNS tokens whenever I am ready... seems the chinese community is really supportive of BTNS and has been using it a bunch the past months while i've been focused elsewhere.... I dont think funding BTNS or getting it listed on exchanges will be any problem... but thanks for your concern 👍️️️️️️
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cool. they are already implementing stamps
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awesome! I look forward to when you open source your indexer... and add more functionality beyond just copycat BRC-20 DEPLOY/SEND! Hope the best for Stamps
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GitHub - jdogresorg/Broadcast-Token-Naming-System: Broadcast Token Naming System (BTNS) specs, docs, and tools
Broadcast Token Naming System (BTNS) specs, docs, and tools - jdogresorg/Broadcast-Token-Naming-System
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side-note: provided working spec and indexer code for BTNS 8+ months ago 🤷️️️️️️ ... whats taking you so long? 😛️️️️
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i'm just here for the memes. i got a day job lol
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ahh... back to no worries and just here for the memes attitude... got it 👍️️️️
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if it was clear what was the motivation of all this fork...
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yeah... paint it however you want bro... paint it that it is all about BTNS... even tho I wrote BTNS 9 months ago... haven't promtoted it, tell ppl not to use it... and plan to migrate it off CP before it becomes an issue..... your perspective is off....
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Funny enough... BTNS would never have even existed and been created of SRC-20 devs would have worked with CP community to discuss how to implement in a way that made sense instead of spamming numeric assets for "MINT" transactions.... Bitcoin Stamps was fine n I was on board with it.. src-20 is where all went to shit
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but we are where we are... time to move forward.
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will be trippy having OKX using both forks of CP
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What happens to balances on BTNS?
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oh sheesh this again. We didn't think it was prudent to spam the CP database broadcasts for the long term so that was a dumb idea.
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Lets not make this about BTNS... if you want to leran about btns you can do so at btns.wtf and btns.xchain.io.... you can mint and send stuff around the network if your truly interested... not discussing it here anymore, as its not relevant
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Right... blogging and paying it forwards is a good start now with cloud... online earned income... the digital nfts are like video game currency to me... no different.
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Kind of sounds like chatgpt
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why would i support spamming CP with things that have nothing to do with art. That was agreed to be a bad idea and you continued with it
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Seriously.
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We are beyond he said she said at this point, Im just trying to figure out the best message for the tons of new people using numerics . right now
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I doubt, do nothing is going to work
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Best tech doesnt always win
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and the sink does work