# FAQ

**URL:** https://forums.counterparty.io/c/support/knowledge-base/31.md?page=1

[Latest](https://forums.counterparty.io/latest.md) · [Categories](https://forums.counterparty.io/categories.md)

**Page:** 2

---

## [What does the small-print number surrounded by parentheses next to a Counterwallet token balance mean?](https://forums.counterparty.io/t/what-does-the-small-print-number-surrounded-by-parentheses-next-to-a-counterwallet-token-balance-mean/2395)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [October 16, 2016, 9:05am UTC](https://forums.counterparty.io/t/what-does-the-small-print-number-surrounded-by-parentheses-next-to-a-counterwallet-token-balance-mean/2395 "2016-10-16T09:05:52Z")

</div>

It looks like this: The smaller number shows the current token balance at this address including unconfirmed transactions. Typically you will see this if you send tokens or create a DEx order. In this particular cas…

---

## [How to sweep XCP or BTC from a Blockchain.info wallet?](https://forums.counterparty.io/t/how-to-sweep-xcp-or-btc-from-a-blockchain-info-wallet/1215)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 11:11am UTC](https://forums.counterparty.io/t/how-to-sweep-xcp-or-btc-from-a-blockchain-info-wallet/1215 "2015-05-23T11:11:52Z")

</div>

There are several formats of private keys. For this purpose we’ll focus on two: compressed and non-compressed. Counterwallet uses the compressed WIF (begins with a letter). You Have a Non-Compressed Private Key (starts …

---

## [I burned BTC through blockchain.info, how do I access my XCP?](https://forums.counterparty.io/t/i-burned-btc-through-blockchain-info-how-do-i-access-my-xcp/1158)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 8:30am UTC](https://forums.counterparty.io/t/i-burned-btc-through-blockchain-info-how-do-i-access-my-xcp/1158 "2015-05-23T08:30:50Z")

</div>

This problem has been getting worse - now there are 3 types of possible answers. If your wallet isn’t recovery phrase-based, you probably want the 2nd approach as your old style wallet (the 3rd approach) has been convert…

---

## [How to read the combined asset/token (currency) pairs such as BTCXCP in DEx?](https://forums.counterparty.io/t/how-to-read-the-combined-asset-token-currency-pairs-such-as-btcxcp-in-dex/2072)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 16, 2016, 4:22am UTC](https://forums.counterparty.io/t/how-to-read-the-combined-asset-token-currency-pairs-such-as-btcxcp-in-dex/2072 "2016-05-16T04:22:50Z")

</div>

Counterwallet uses the standard approach used for exchanges. As per here, The first currency of a currency pair is called the “base currency”, and the second currency is called the “quote currency”. The currency pair s…

---

## [Does Counterwallet have two-factor authentication (2FA)?](https://forums.counterparty.io/t/does-counterwallet-have-two-factor-authentication-2fa/2071)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 16, 2016, 3:56am UTC](https://forums.counterparty.io/t/does-counterwallet-have-two-factor-authentication-2fa/2071 "2016-05-16T03:56:10Z")

</div>

No, it does not. The only "factor" you need is your pass phrase. It wouldn't make any sense to offer 2FA when Counterwallet isn't the only way to access the wallet.

---

## [What are my options in terms of dividend distribution?](https://forums.counterparty.io/t/what-are-my-options-in-terms-of-dividend-distribution/1173)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 2\
**Last updated:** [December 24, 2015, 2:53am UTC](https://forums.counterparty.io/t/what-are-my-options-in-terms-of-dividend-distribution/1173 "2015-12-24T02:53:10Z")

</div>

Dividends can be paid in BTC or XCP. Depending on issuer and holder preferences, asset can be issued in and dividends paid in XCP or BTC on or the both tokens (BTC and XCP). Dividend payouts can be automated by usi…

---

## [How can I "watch" my Counterwallet address for changes without logging in?](https://forums.counterparty.io/t/how-can-i-watch-my-counterwallet-address-for-changes-without-logging-in/1214)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 3\
**Last updated:** [March 14, 2016, 9:53am UTC](https://forums.counterparty.io/t/how-can-i-watch-my-counterwallet-address-for-changes-without-logging-in/1214 "2016-03-14T09:53:42Z")

</div>

Currently there is no direct way, but there is an easy way to do this with in blockscan.com. In the Blockscan portal you can setup an automated address monitor for your address: Login to http://blockscan.com/login2 A…

---

## [Exploring counterparty.db using a Sqlite GUI](https://forums.counterparty.io/t/exploring-counterparty-db-using-a-sqlite-gui/1846)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 1\
**Last updated:** [March 11, 2016, 12:57pm UTC](https://forums.counterparty.io/t/exploring-counterparty-db-using-a-sqlite-gui/1846 "2016-03-11T12:57:33Z")

</div>

Get Sqlite Explorer/Studio from SQLiteStudio or Sqlite Browser (http://sqlitebrowser.org) Make a copy of counterparty.db and open it in Sqlite Explorer (we haven’t used the Browser for this how-to) In Sqlite Explorer, g…

---

## [How to import private key from Counterwallet to another wallet?](https://forums.counterparty.io/t/how-to-import-private-key-from-counterwallet-to-another-wallet/1740)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [January 9, 2016, 1:43pm UTC](https://forums.counterparty.io/t/how-to-import-private-key-from-counterwallet-to-another-wallet/1740 "2016-01-09T13:43:02Z")

</div>

Using your Counterwallet pass phrase you can generate private keys that belong to the wallet and import them to any “open” wallet that allows import of standard Bitcoin private key (privkey). This FAQ explains how to exp…

---

## [What do I need to start using Counterwallet?](https://forums.counterparty.io/t/what-do-i-need-to-start-using-counterwallet/1156)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 8:24am UTC](https://forums.counterparty.io/t/what-do-i-need-to-start-using-counterwallet/1156 "2015-05-23T08:24:58Z")

</div>

For the visually-oriented, the process is explained here: http://counterparty.io/get-started/. If you prefer to read, keep going. Counterwallet can run on mainnet (the "real" Counterparty network) and on testnet (a tes…

---

## [How do I participate in crowdfunding of projects issued on Counterparty?](https://forums.counterparty.io/t/how-do-i-participate-in-crowdfunding-of-projects-issued-on-counterparty/1153)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 8:13am UTC](https://forums.counterparty.io/t/how-do-i-participate-in-crowdfunding-of-projects-issued-on-counterparty/1153 "2015-05-23T08:13:58Z")

</div>

The Counterparty Project does not endorse or provide crowdfunding or crowdsourcing service. This feature used to be available in Counterwallet.io for a short while in 2014, but such services are today available from thir…

---

## [What is a distributed exchange? How do I use it?](https://forums.counterparty.io/t/what-is-a-distributed-exchange-how-do-i-use-it/1185)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 5\
**Last updated:** [June 27, 2015, 7:04am UTC](https://forums.counterparty.io/t/what-is-a-distributed-exchange-how-do-i-use-it/1185 "2015-06-27T07:04:42Z")

</div>

A distributed exchange is such exchange where there is no single person or organization that manages and operates the exchange, that matches offers and moves funds between participants. The Counterparty Distributed Exch…

---

## [Can I pick my own 12-word pass phrase that is not so random?](https://forums.counterparty.io/t/can-i-pick-my-own-12-word-pass-phrase-that-is-not-so-random/1216)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 2\
**Last updated:** [May 28, 2015, 7:28am UTC](https://forums.counterparty.io/t/can-i-pick-my-own-12-word-pass-phrase-that-is-not-so-random/1216 "2015-05-28T07:28:59Z")

</div>

Yes, you can, but the whole point of it being random is that it is otherwise much easier to guess and much less secure. If you select a "user friendly" pass phrase, how likely is it that another person will select a pa…

---

## [How can I remove ("delete") unwanted assets from my wallet?](https://forums.counterparty.io/t/how-can-i-remove-delete-unwanted-assets-from-my-wallet/1229)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 1\
**Last updated:** [May 24, 2015, 10:14am UTC](https://forums.counterparty.io/t/how-can-i-remove-delete-unwanted-assets-from-my-wallet/1229 "2015-05-24T10:14:03Z")

</div>

Sometimes users end up with unwanted Counterparty-based assets (tokens, coins) such as unused "voting tokens" in their wallet. There is no straightforward way to delete them. A workaround way to remove them is to cre…

---

## [How to sign a message in Counterwallet?](https://forums.counterparty.io/t/how-to-sign-a-message-in-counterwallet/1230)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 3\
**Last updated:** [May 24, 2015, 10:10am UTC](https://forums.counterparty.io/t/how-to-sign-a-message-in-counterwallet/1230 "2015-05-24T10:10:31Z")

</div>

Pick the address you want to sign a message with, go to Address Actions \> Sign Message.

---

## [Why can I no longer trade to and from BTC in Counterwallet?](https://forums.counterparty.io/t/why-can-i-no-longer-trade-to-and-from-btc-in-counterwallet/1228)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 24, 2015, 4:32am UTC](https://forums.counterparty.io/t/why-can-i-no-longer-trade-to-and-from-btc-in-counterwallet/1228 "2015-05-24T04:32:57Z")

</div>

Trading Counterparty assets for Bitcoin, as currently implemented in the protocol, is a two-step process requiring settlement transactions ('BTCpays') to be made soon after any orders match. Unfortunately, such a system …

---

## [I get "You appear to be logged into Counterwallet elsewhere", what's that about?](https://forums.counterparty.io/t/i-get-you-appear-to-be-logged-into-counterwallet-elsewhere-whats-that-about/1227)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 24, 2015, 4:32am UTC](https://forums.counterparty.io/t/i-get-you-appear-to-be-logged-into-counterwallet-elsewhere-whats-that-about/1227 "2015-05-24T04:32:16Z")

</div>

It's a warning that can appear in two situations: You are logged into Counterwallet elsewhere (as in, for example, another of the Counterwallet.io servers (at this moment hosted by the Counterparty project there's thr…

---

## [Where are Counterwallet account aliases and watched addresses stored?](https://forums.counterparty.io/t/where-are-counterwallet-account-aliases-and-watched-addresses-stored/1221)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 24, 2015, 3:56am UTC](https://forums.counterparty.io/t/where-are-counterwallet-account-aliases-and-watched-addresses-stored/1221 "2015-05-24T03:56:10Z")

</div>

They are stored on the Counterwallet server and hence not "portable" across different Counterwallet instances that are hosted by different entities. On counterwallet.co aliases multiAPI() is used to store those on clus…

---

## [How to backup 12-word Counterwallet passphrase?](https://forums.counterparty.io/t/how-to-backup-12-word-counterwallet-passphrase/1220)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 24, 2015, 3:55am UTC](https://forums.counterparty.io/t/how-to-backup-12-word-counterwallet-passphrase/1220 "2015-05-24T03:55:32Z")

</div>

Counterwallet pass-phrase cannot be reset (restored, recovered) It is so by design. It is impossible for Counterwallet or anyone from the Counterparty Project to help you recover your (or anybody else's) pass-phrase s…

---

## [Making a Multisig Tx in the CLI](https://forums.counterparty.io/t/making-a-multisig-tx-in-the-cli/1219)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 24, 2015, 3:49am UTC](https://forums.counterparty.io/t/making-a-multisig-tx-in-the-cli/1219 "2015-05-24T03:49:05Z")

</div>

An example multi‐sig source transaction is tx hash e06d22276699de6ed1c5322133b0968114067ce833120bb9126182a1ad19de83 Here's how you can make a multisig transaction: counterparty-client --unconfirmed --testnet --databa…

---

## [Can I recover my Mastercoin/Omni asset that I mistakenly sent to a Counterwallet address?](https://forums.counterparty.io/t/can-i-recover-my-mastercoin-omni-asset-that-i-mistakenly-sent-to-a-counterwallet-address/1218)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 11:19am UTC](https://forums.counterparty.io/t/can-i-recover-my-mastercoin-omni-asset-that-i-mistakenly-sent-to-a-counterwallet-address/1218 "2015-05-23T11:19:37Z")

</div>

Yes. Please contact your Omniwallet support for instructions on how to do that. Do not share your pass phrases, passwords, or private keys with anyone! In case you need the private key for your address: access your wall…

---

## [How can I change my pass phrase?](https://forums.counterparty.io/t/how-can-i-change-my-pass-phrase/1213)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 11:09am UTC](https://forums.counterparty.io/t/how-can-i-change-my-pass-phrase/1213 "2015-05-23T11:09:24Z")

</div>

It is not possible to change the pass phrase of a deterministic wallet. Workaround for Difficult Pass Phrase You can create another wallet and if you are happy with the new pass phrase, back up the new pass phrase (t…

---

## [Where does the pass phrase word list come from?](https://forums.counterparty.io/t/where-does-the-pass-phrase-word-list-come-from/1212)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 11:07am UTC](https://forums.counterparty.io/t/where-does-the-pass-phrase-word-list-come-from/1212 "2015-05-23T11:07:36Z")

</div>

From this page here: https://en.wiktionary.org/wiki/Wiktionary:Frequency\_lists/Contemporary\_poetry The same word list is used by Electrum.

---

## [What is a deterministic wallet?](https://forums.counterparty.io/t/what-is-a-deterministic-wallet/1211)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 11:07am UTC](https://forums.counterparty.io/t/what-is-a-deterministic-wallet/1211 "2015-05-23T11:07:07Z")

</div>

A deterministic wallet is a system of deriving keys from a single starting point known as a seed. The seed allows a user to easily back up and restore a wallet without needing any other information and can in some cases …

---

## [I installed Counterparty Federated Node - what next?](https://forums.counterparty.io/t/i-installed-counterparty-federated-node-what-next/1210)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 11:05am UTC](https://forums.counterparty.io/t/i-installed-counterparty-federated-node-what-next/1210 "2015-05-23T11:05:59Z")

</div>

You can use curl to test it. If your Federated Node runs on another system, you can connect to it remotely: Ensure firewall is off or that port TCP/4000 is open (or otherwise tunnel your traffic to your Federated No…

---

## [Can I use pybtctool with counterpartyd to sign a transaction?](https://forums.counterparty.io/t/can-i-use-pybtctool-with-counterpartyd-to-sign-a-transaction/1209)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 10:57am UTC](https://forums.counterparty.io/t/can-i-use-pybtctool-with-counterpartyd-to-sign-a-transaction/1209 "2015-05-23T10:57:17Z")

</div>

Yes, but it may not work for some particular transactions (maybe because of a bug in pybtctool), when the address isn't in the local instance of Bitcoin Core. The transaction should be signed manually (e.g. with the py…

---

## [How can I externally generate a 12 pass phrase for my user suitable for Counterwallet?](https://forums.counterparty.io/t/how-can-i-externally-generate-a-12-pass-phrase-for-my-user-suitable-for-counterwallet/1208)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 10:56am UTC](https://forums.counterparty.io/t/how-can-i-externally-generate-a-12-pass-phrase-for-my-user-suitable-for-counterwallet/1208 "2015-05-23T10:56:14Z")

</div>

You can use the same script as Counterwallet: https://github.com/CounterpartyXCP/counterwallet/blob/master/src/js/components/logon.js

---

## [Is there a way to run counterparty-server so that it accepts SSL connections?](https://forums.counterparty.io/t/is-there-a-way-to-run-counterparty-server-so-that-it-accepts-ssl-connections/1207)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 10:55am UTC](https://forums.counterparty.io/t/is-there-a-way-to-run-counterparty-server-so-that-it-accepts-ssl-connections/1207 "2015-05-23T10:55:28Z")

</div>

No and yes. The current code does not allow that because the developers believe it can be done cleaner, safer and easier elsewhere. However you can use a round-about way to accomplish that. For example, with stunnel…

---

## [Can I use sqlite to read database of Counterparty directly?](https://forums.counterparty.io/t/can-i-use-sqlite-to-read-database-of-counterparty-directly/1201)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 10:42am UTC](https://forums.counterparty.io/t/can-i-use-sqlite-to-read-database-of-counterparty-directly/1201 "2015-05-23T10:42:11Z")

</div>

Yes, with sqlite3 CLI. Note that this bypasses some protocol checks, for example it does not ensure that the DB is up-to-date. Examples Select top 10 holders of all Counterparty-issued assets: SELECT COUNT(\*) AS …

---

## [Is it possible to move ownership of an asset from one address to another (and from single to multi sig address)?](https://forums.counterparty.io/t/is-it-possible-to-move-ownership-of-an-asset-from-one-address-to-another-and-from-single-to-multi-sig-address/1206)

<div class="topic-metadata">

**Author:** [@something](https://forums.counterparty.io/u/something)\
**Replies:** 0\
**Last updated:** [May 23, 2015, 10:53am UTC](https://forums.counterparty.io/t/is-it-possible-to-move-ownership-of-an-asset-from-one-address-to-another-and-from-single-to-multi-sig-address/1206 "2015-05-23T10:53:43Z")

</div>

Yes, it is possible to move ownership of an asset from one address to another. Bitcoin currently (Sep 2014) won’t relay m-of-n (non-P2SH) multisig where n \> 3, so Counterparty is limited to that for now.

[Previous page](https://forums.counterparty.io/c/support/knowledge-base/31.md)

[Next page](https://forums.counterparty.io/c/support/knowledge-base/31.md?page=2)
