EB74 – Robby Dermody: Counterparty - Assets, Dividends And Decentralized Exchange
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In the crowded race to become the leading ‘Bitcoin 2.0’ platform, Counterparty has stood out by avoiding fancy crowdsales and instead building a platform that works. The protocol, which sits on top of Bitcoin and thus benefits from the security of its mining power, allows issuing assets, paying dividends or trading in a decentralized way. Over the past year, it has been the platform of choice for many crowdsales and is also what powers LTBCoin.
Co-Founder Robby Dermody joined us for a discussion of the features and evolution of the project.
Topics covered included:
- Why they create the initial XCP supply by destroying bitcoins
- What the different components of the Counterparty system are
- What distinguishes embedded consensus systems like Counterparty
- Why crowdfunding has become a major use case for Counterparty
- Why Counterparty’s Ethereum-style smart contracts will play an important role in the future
- Their new company Symbiont, which aims to commercialize Counterparty's technology
Links mentioned in this episode:
- Counterparty:
http://bit.ly/1DbbQfa- Counterparty Architecture:
http://bit.ly/1aaHr5n- Devon Weller A Specification for the Counterparty Protocol:
http://bit.ly/1GDnNeA- Counterwallet:
http://bit.ly/1F5QHFt- Symbiont:
http://bit.ly/1GgDGcg- Blockscan Voting Scoreboard:
http://bit.ly/1FvILdTSponsors:
- Buy and sell alt coins instantly with
http://ShapeShift.ioShow notes:
http://epicenterbitcoin.com/podcast/074SoundCloud:
http://soundcloud.com/epicenterbitcoin/eb-074Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture.
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