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One of the most striking things about Counterparty is that its native cryptocurrency, XCP, was created and distributed by destroying bitcoins in a process known as “proof-of-burn”. All XCP that will ever exist were given out proportionally to those who recognized...

Over a week ago, internal testing began on Counterwallet and today we are happy to announce that Counterwallet is available for public testing. Get testnet BTC using the BTC testnet faucet. To obtain testnet XCP, either burn testnet BTC using Counterwallet or post a...

Counterparty is a ‘metacoin‘ protocol and currency built on top of Bitcoin by hiding message data in Bitcoin transactions. Counterparty provides functionality for a distributed exchange, user-created assets, contracts for difference, betting, and other powerful...

The exchanges on which Bitcoin stocks are traded have had regulatory and internal problems, and thus far have had difficulty staying open. As a result, some Bitcoin stocks have stopped trading altogether, while others have turned to roundabout methods to continue...

Tim Swanson, an accomplished business consultant and author, just released a new book entitled Great Chain of Numbers: A Guide to Smart Contracts, Smart Property and Trustless Asset Management. This work includes a chapter on ‘next generation’ digital currency...

An anonymous white hat hacker recently discovered a vulnerability in the counterpartyd code, which he exploited to steal 35,000 XCP from Poloniex, a centralized exchange on which XCP is traded. The bug was quickly fixed and the fraudulent transaction invalidated, but...