Rank #1891
xcp Counterparty
$ 3.49
0.00002898 BTC
2,898 satoshies
Market Cap
9,04 MLN. $
24 Hour Trading Vol
4,258.2855 $
Circulating Supply
2,59 MLN.
Total Supply
2,64 MLN.
Max Supply
-
Fully Diluted Valuation
10,40 MLN. $
Low
Range
High
Info
1h
24h
7d
1m
1y
max
-
-
-
-
-
-
Counterparty Price Statistics
3.49 $
3.3592 $ / 4.04888 $
4,258.2855 $
#1891
9,04 MLN. $
91.13 $
-96.17%
10 January, 2018, (8 years ago)
0.1343 $
2,496.76%
25 October, 2019, (6 years ago)
Counterparty Top Markets
Counterparty Performance
Trading Pair
day
week
month
xcp
/
usd
2.64%
-1.41%
-1.33%
xcp
/
btc
2.64%
-1.41%
-1.33%
xcp
/
eth
2.64%
-1.41%
-1.33%
About Coin
Counterparty is a platform for user-created assets on Bitcoin. It’s a protocol, set of specifications, and an API. Taken together, it allows users to create and trade assets on top of Bitcoin’s blockchain. In this way, Counterparty is similar to platforms like Waves or Ethereum. Of course, the difference is Counterparty integrates directly with Bitcoin. Therefore, it comes will all the security and reliability (and issues) that are part of the Bitcoin blockchain. This is a fairly old project. In fact, it pre-dates Ethereum with its launch in 2014. It was the original asset creation mechanism. As you’re probably aware, Counterparty has faded from prominence over the years. This is largely due to the rise of the ERC-20 token standard on Ethereum.
While we’ve become used to calling blockchain assets, tokens, it doesn’t necessarily have to be the case. An asset can represent anything that has value or is rare. As a result, Counterparty steers clear of the word “token” in their marketing and documentation. They’re much more interested in digital assets of all kinds, not just currencies, securities, and utility tokens. Digital assets can be a digital marker of a physical object, an easy way to manage shares in your company, or reputation karma for a website. These are all types of assets you could create on Counterparty (or Ethereum or Waves, for that matter). Counterparty creates the set of rules, requirements, integrations, etc that are necessary for assets on the Bitcoin blockchain. It’s the infrastructure behind user-created assets in much the same way that the ERC-20 protocol sets up guidelines and standards for asset creation on Ethereum.
One useful function of digital assets is as a marker of ownership or voting rights. Imagine a scenario where you issued a digital asset to each of your company’s board members in proportion to the amount of voting power held. Or if you gave your stockholders a digital asset as a marker of the amount of stock they owned. If you issued your stock asset, you could then use Counterparty’s distribution function to pay out dividends in BTC based on the amount of digital stock asset each person owned.
Counterparty addresses many of the same issues as Ethereum or Waves, but on the Bitcoin blockchain. While that does come with some advantages, ultimately it is not as strong a platform for development as its competitors. It’s best suited for applications that need to interface with Bitcoin or assets that have a specific connection to the Bitcoin ecosystem.
Where is Counterparty available for purchase?
You can exchange XCP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Counterparty is Dex-Trade, notably the XCP/BTC pair, which saw a trading volume of $ 3,441.23 in the past day. Additionally, Zaif is popular alternative for trading tokens.
What is the highest value Counterparty (XCP) has ever reached?
Counterparty (XCP) reached its peak price at 91.13 $ on 10 January 2018, approximately 8 years ago ago. Presently, the current price is -96.17% lower than this all-time high.
What is the historical minimum price for Counterparty (XCP)?
The minimum price reached for Counterparty (XCP) was 0.1343 $, documented on 25 October 2019, more than 6 years ago. In comparison, the current price is 2,497.57%, it above this historical low.
What is the fully diluted valuation of Counterparty (XCP)?
The fully diluted valuation (FDV) of Counterparty (XCP) stands at $ 10,40 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of XCP tokens. The realization of this FDV might take several years depending on the emission schedule of XCP tokens.
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