Support the show, consider donating: 3PUpexWAmAVjk6g1EMHWLFZyqXuLLryarX (http://bit.ly/1IX41tJ) 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/1FvILdT Sponsors: - Buy and sell alt coins instantly with http://ShapeShift.io Show notes: http://epicenterbitcoin.com/podcast/074 YouTube: https://youtu.be/FUZJ0QRjVUI Epicenter Bitcoin is hosted by Brian Fabian Crain & Sébastien Couture. - Visit our website: http://epicenterbitcoin.com - Subscribe to our newsletter: http://epicenterbitcoin.com/newsletter - Twitter: http://twitter.com/epicenterbtc