When media outlets report on the massive gains seen by cryptocurrencies in the monumental year of 2017, they often reference Ripple (XRP) as the biggest winner, which gained 36,000% in value from start to end. While Ripple did see the greatest price increase throughout the year among large and well-known coins, there are a number of other coins which far outperformed even Ripple. Pepecash On January 1, 2017, an infant Counterparty (XCP) based artwork registry system known as Pepecash was quietly cultivating a community of artists and meme enthusiasts. In mainstream media, Pepe the Frog had been subject to much controversy due to its association
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While many cryptocurrencies exist as competitors to or as evolutions of the Bitcoin protocol, there are other initiatives that instead seek to cooperate and bolster the pioneer blockchain. Perhaps the oldest and most profound of these projects is Counterparty, an asset layer created directly on the Bitcoin blockchain. What is Counterparty? Counterparty (XCP) is a peer-to-peer financial system built directly upon Bitcoin’s blockchain protocol. The coin positions itself as an asset layer on top of Bitcoin and a system that allows for the creation, transfer, and communication of tokens, artwork, and digital assets. Additionally, XCP features its own decentralized exchange for safely
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