PoW mining method
Circulating offer 2,616,088 XCP
The startup was launched in 2014 (official site counterparty-io).
Counterparty is a decentralized, open-source platform that provides access to powerful financial instruments for free.
By using Bitcoin’s internal reserves, the Counterparty team intends to create a secure and reliable market on the blockchain, increasing the functionality from the payment system to the financial platform with expanded tools.
Users can carry out trade, business and participate in contracts without the involvement of any intermediaries.
To date, support for smart contracts built with the help of the Ethereum virtual machine is integrated. This feature allows you to sell various digital assets on specific principles, similar to Ethereum’s smart contracts. Fund’s transactions are conducted instantly, reducing the load on the Bitcoin blockchain. Besides, developers introduced multi-signature technology, which increases the reliability of the system as a whole.
The platform’s software has been tested by leading experts for security and reliability.
XCP is an internal coin that is used as the main means of payment, as well as for creating new assets and bets. Coin holders can participate in voting and surveys related to further project development. A specially created secure and convenient GUI wallet is provided for storing coins. XCP is traded on many popular exchanges.