[Q&A] Counterparty Foundation Election 2015 Q&A

Q1: Your thoughts on XCP and crypto-exchanges: we all want to see XDP gain popularity on crypto-exchanges. Personally I would be relatively more interested in the possibility of getting existing exchanges tapping into the DEx than more exchanges adding XCP.
What are your thoughts on this - more exchanges or more integration with the CP DEx?

First priority : Get XCP-BTC vending machine(s) up and running.This will make it a lot more convenient to get XCP.
Second priority : Get XCP listed on major fiat exchange(s). This adds credibility and makes Counterparty mainstream.
Third priority : Educate people that the DEX is a niche exchange. It is here to stay, but it’s not an alternative to traditional exchanges.
Fourth priority : Encourage a centralized exchange to automatically support all Counterparty assets. It may be integrated with the DEX. There are several possibilities:
Idea: Centralized Market on top of DEx
How about an Auction DEX?
How about a Semi-Decentralized Exchange?

Q2: In order of your preference in terms of end user community engagement, etc. what do you think should get more attention in 2015 - Counterwallet, counterparty-gui or something else?

Counterwallet needs a few cosmetic face-lifts such as removing inner scroll bars and formatting tables better. Other than that I’d focus 100% on the GUI wallet. The GUI wallet will support plugins, which will be of great value to third party developers as well as end-users.

Q3: What do you see as the main impediment to increased adoption by developers (main reasons in order of significance)?

  1. Small community (can and should increase since every Bitcoin user is a potential CP user)
  2. Lack of knowledge (like, ehmm, isn’t Counterparty a fork of Colored Coins …)
  3. Uncertainty to whether and when smart contracts will go live

Q4: Features (apart from Smart Contracts, which are a big theme in 2015): what do you see as high priority features for this year - off-chain transactions, counterparty-gui plugins, mobile client support, etc.?

1 Smart contracts
2. GUI wallet

Get these live asap. Once these are live I believe the platform will grow exponentially. Then it’s all about maturing the code, documenting, encouraging and supporting the pioneers of peer-to-peer finance.

Regarding J-Dog’s questions about XCP; this text from October should be a sufficient answer.