Boosting liquidity and speed of BTC trades

Hey all,

I saw on BitcoinTalk the Counterparty dev team is open to suggestions about improving the experience of Counterwallet.

I would just like to say, adding liquidity and related boosting speed of trades on Counterwallet would go far towards increasing liking.

In general, this can be accomplished by incentivizing people to stay logged into Counterwallet.

If mix BTC (and XCP assets) in the background with CoinJoin, by default, then everyone is incentivized to stay logged in  :wink: .

Counterparty platform benefits in terms of liquidity because trades will execute more frequently.

Dark Wallet is attempting to create this functionality in JavaScript, which is what Counterwallet is.

Good suggestion. It’s best to create an issue here:

That’s a good idea, but I’m not sure if it’ll solve this particular
problem… Users selling BTC (the users that have to stay logged in) are
already rather incentivised to stay logged in by the BTC miners’ fee
that they pay for making the sell offer. If they log out prematurely,
then they lose that fee.

That said, there’s a lot of room for
innovation in Counterwallet, e.g. with things like automatic mixing. And
it’s actually much easier to mix Counterparty assets than it is to mix
Bitcoin, because the former doesn’t associate funds with outputs.)

  1. CoinShuffle implemented in CarbonWallet clone by Google developer

    Wallets implementing CoinShuffle to auto-shuffle coins upon receipt of the coins.

    2. Event: ACM CCS 2014

    VerSum: Verifiable Computations over Large Public Logs

    Jelle van den Hooff (MIT); M. Frans Kaashoek (MIT); Nickolai Zeldovich (MIT)

    This is very important development for Counterparty security. Developers take notice.