I searched this forum but haven’t come up with an answer. Hope wise men from this forum can help.
I’m looking for the info of how to issue alternative currency (not assets, not tokens) but currency similar to XCP, using CP API, and if this is even possible (?).
The main attributes, among others, include creating own wallets and collecting commissions from transactions.
I’m not looking to compete with XCP in any way, rather to see if colored coins idea can be implemented using CP protocol.
Any direction pointing, links, suggestion, advise, critique are welcome and appreciated.
Assets (tokens) are what you are asking about.
Thanks a bunch! will take a look…
Actually, if you really require this specific feature:
"The main attributes, among others, include creating own wallets and collecting commissions from transactions. "
Then it will be possible to implement that as a smart contract, with these as a template:https://github.com/ethereum/serpent/blob/master/examples/subcurrency.sehttps://github.com/ethereum/serpent-go/blob/master/serpent/examples/mutuala.se
Currently the contracts system is only working on the development testnet, until it undergoes extensive testing and security audits.
But It is absolutely possible to get started today, and then use the same scripts successfully on the main network (once all security audits are completed). The Counterparty team puts a high emphasis on protocol security, so I think it is best to use this extra time while they work for learning how to maneuver the contracts themselves (since they already work today, although with ‘monopoly’ money for now).