Counterparty XCP to Sentient Coin SEN Exchange

Crypto Pair Details: XCP to SEN

Counterparty XCP

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.

Sentient Coin SEN

Consensus is the open-sourced, decentralized artificial intelligence platform, powered by native cryptocurrency, and built with the vision to improve the governance mechanisms at all levels of organizational structures: community, startup, non-profit, enterprise, city, county or the entire country. Once fully realized, Consensus AI will be able to offer automated, data-driven solutions to the most complex problems of our collective co-existence by modelling the potential outcomes of proposed changes. Consensus will help govern communities, societies and countries in a more cost efficient, transparent and progressive manner. This will be implemented via collective voting, initiatives proposal and funding, execution reporting and intelligent algorithms that will perform project analysis and model the outcomes with the efficiency, budgetary concerns, social, environmental and other factors under consideration. Mission The mission of Consensus is to achieve collective governance based on interdependence using advanced technologies. Abstract There are three main components to the Consensus system: the Sentient blockchain network built with verified nodes that allows running distributed machine learning, the Research Platform with extended data collection and modelling capabilities and the AI Advisor — a standalone system constantly monitoring and learning from the incoming available data that is used to make predictions. Later stages of development will include internally and externally built Dapps for various governance applications.

SOURCE: COINGECKO

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