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Counterparty

XCP

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Market

Market stats

Market cap

$7.2M

Volume (24h)

$0.28

Circulating supply

2.6M XCP

All time high

$103.20

Price change (1h)

+0.01%

Price change (24h)

-0.56%

Price change (7d)

-3.85%

About Counterparty

What Is Counterparty (XCP)?

Counterparty (XCP) is an open-source platform that claims to allow users to create and trade any kind of digital token. Counterparty aims to enhance the functionality of Bitcoin by "writing in the margins" of conventional Bitcoin transactions, allowing for innovation and sophisticated features not feasible with standard Bitcoin software. The Counterparty protocol is claimed to be thoroughly tested. Counterparty aims to allow anyone to write customized digital agreements or programs, known as smart contracts, and execute them on the Bitcoin blockchain. Real-world scenarios are now turned into code and performed automatically without the need for an intermediary using Bitcoin's decentralized ledger network and Counterparty's built-in scripting language.

Where BTC (or Bitcoin) isn't technically viable, Counterparty (XCP) may be employed to give functionality. For example, XCP is used as the currency to pay for all smart contract code execution. XCP represents a stake in the Counterparty protocol and serves as the voting currency for community-driven changes by the community.

A desktop wallet, a web wallet, a mobile wallet, and a chrome extension wallet are the types of wallets available on the Counterparty platform. These wallets aim to give all of the features of the Counterparty reference client while keeping their funds secure.

All transactions are signed on the device when users use one of the Counterparty wallets. Private keys are not saved on the servers. For security, all information sent to the servers is first encrypted by the wallet client, and when users log out, all traces of their session are wiped. For easy and safe access, users only need their unique passcode.

Counterparty tokens, which run on the bitcoin blockchain, can be used for a variety of reasons and act as their cryptocurrency. Custom tokens, unlike regular bitcoin, can be used to represent any value.

Tokens are now being used for:

  • conducting successful crowdfunding and voting

  • monetizing access to DAPP software features

  • representing a product or personal brand

  • acting as a kind of "blockchain domain name"

  • acting as a proxy for real-world goods or services (i.e., tokens redeemable for paper, biofuel, etc.)

  • acting as a reward for providing valuable time or resources

  • acting as an educational service exploring the capabilities of blockchain

… and purely for fun.

History of Counterparty (XCP)

Adam Krellenstein, Evan Wagner, and Robby Dermody are the founders of the Counterparty platform. The platform of Counterparty was founded in 2013.

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Counterparty is on the decline this week.

The price of Counterparty has fallen by 3.85% in the past 7 days. The price declined by 0.56% in the last 24 hours. In just the past hour, the price grew by 0.01%. The current price is $2.76 per XCP. Counterparty is 97.32% below the all time high of $103.20.

The current circulating supply is 2,613,892 XCP.

FAQ

What is the current price of Counterparty?

We update our Counterparty to USD currency in real-time. Get the live price of Counterparty on Coinbase.

What is the market cap of Counterparty?

The current market cap of Counterparty is $7.23M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Counterparty?

The all-time high of Counterparty is $103.20. This all-time high is highest price paid for Counterparty since it was launched.

What is the 24 hour trading volume of Counterparty?

Over the last 24 hours, the trading volume of Counterparty is $0.28.

What other assets are similar to Counterparty?

Assets that have a similar market cap to Counterparty include Ferro, Catgirl, GensoKishi Metaverse, and many others. To see a full list, see our comparable market cap assets.

How many Counterparty are there?

The current circulating supply of Counterparty is 2.6 million.

Can I buy Counterparty on Coinbase?

No, Counterparty is not currently available on Coinbase, but you can sign up to get the latest news on Counterparty and be notified when it gets added to our exchange.

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