LAUNCHING IN THIS MONTH ...
The Protocol:—-
The technology that allows Counterparty Cash nodes to communicate with each other via the Bitcoin Cash blockchain.
ASSETS :—
Create your own digital tokens in a matter of seconds, which can represent anything and are easily exchanged peer-to-peer.
XCP:—
The native currency of Counterparty, used for advanced features and representing stake in the protocol
counterparty.cash (XCPC) is used to provide protocol functionality. For instance, XCPC is the currency used to pay for the execution of all smart contract code. More generally, XCPC represents stake in the Counterparty protocol, running on the Bitcoin (Cash) chain and is the voting currency for changes to be decided on by the community.
XCPC will launch in Feb, 2018.
It is proposed there will be a “burning”
In January 2014, over 2,100 bitcoins were burned, creating about 2.6 million XCP.
January 2018, XCPC is a community consultation period.