Epicenter brings you in-depth conversations about the technical, economic and social implications of cryptocurrencies and blockchain technologies. Every week, we interview business leaders, engineers academics and entrepreneurs, and bring you a diverse spectrum of opinions and points of view. Epicenter is hosted by Sebastien Couture, Brian Fabian Crain, Friederike Ernst, Meher Roy and Felix Lutsch. Since 2014, our episodes have been downloaded over 8 million times.
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episode 74: Robby Dermody: Counterparty – Assets, Dividends and Decentralized Exchange
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 in this episode:
- 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
Episode links:
- Counterparty
- Counterparty Architecture
- Devon Weller A Specification for the Counterparty Protocol
- Counterwallet
- Symbiont
- Blockscan Voting Scoreboard
This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/074