XCP Weekly Update #9 - Storj Development Update

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This weeks episode is sponsored by Tokenly '" an open source company building tools to make tokens more useful and usable to everyone

Weekly Update #9:

Robert Ross is a Counterparty Foundation Community Director and the Director of FoldingCoin Inc. Each week Robert and various guests will bring you the news of what has been going on in the Counterparty communities and also touching base on the other Bitcoin 2.0 communities. You can find a complete breakdown of everything discussed on this show by going to this XCPassets.org news blog or read the notes below.

I am happy to announce the ability for paid sponsorship's. I accept any Counterparty Token that is on CoinMarketCap.com in addition to TOPFOLDER tokens, please click below

Thank you to Shawn Wilkinson from Storj for coming on the show. Also thank you to Chris DeRose and Joshua Unseth for their recap of the chit chat.

Please contact me rross@foldingcoin.net with any Counterparty projects you are working on with suggestions to feature them on the show. Or contact me if you would like assistance or advice on how you can create your project on the Counterparty platform. I may not be able to answer your question or help your project, but I will do my best to find the person who can.

If you are an independent artist and would like to hear your song on this show, please email me at rross@foldingcoin.net and we can arrange something. Thank you to Cyrus Youngman and the Kingfishers for the audio segways.

Thank you to Cyrus Youngman and the Kingfishers for the ending song "Chicken Little Blues"

Please join in the discussions on the forums at letstalkbitcoin.com and counterpartytalk.org

All tips and donations for this podcast will be used to better the FoldingCoin Inc project.

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This show is not intended for investment advice.

Counterparty News:

• XCP has a higher price this week, at the time of recording XCP is trading at around 5.7 mBTC peaking at 6.1 mBTC earlier this week

• On the counterpartytalk forums, there was a conversation about the ability to destroy XCP assets. If you try and send them to the very first XCP burn address, they will not send. Adam Krellenstien wieghed in on why you can't send XCP assets to 1CounterpartyXXXXXXXXXXXXXXXUWLpVr:

1. Yes, it is impossible to destroy the tokens in that way. The initial counterparty burn address is an invalid destination address to prevent accidental destruction of coins.

• Adam created a python script that can generate burn addresses for you. Also in the forums, JP Janseen provided a list of already generated burn addresses that you can send assets to instead to destroy them. You can find that list in the link in the show notes.

Asset of the Week:

• The token of the week is Storj. Shawn Wilkinson the Founder and CEO talks about the development stage of Storj Labs.

Project News:

• Coindaddy released a vending machine this week called Coinvend and they have two working examples of it, one being for GRUMPYCAT tokens. Coindaddy's vending machine does work across Bitcoin, Dogecoin, and Litecoin blockchains. This is another service that you can use to sell your Counterparty token easily to the public. You can create your own vending machine for any token you have registered on Coindaddy. Just login at Coindaddy.io to start creating your own vending machines today.

• GetGems announced their newest project 'œJulia'. Julia provides the ability for you to buy and sell Bitcoin on the GetGems mobile app by integrating your Coinbase account.

• As a reminder, Spells of Genesis is running their BITCRYSTALS crowd sale this upcoming Wednesday on Swarm so mark your calendars.

Sponsors and Shout Outs:

• This episode of the XCP Weekly Update is brought to you by Tokenly, an open source company building tools to make tokens more useful and usable to everyone. One of the great tools that Tokenly provides is Tend. Tend is useful for the merchant side of things when it comes to tokens. If you wish to sell a good or service, with Tend you can collect the information you wish from the buyer in a form, and then the buyer chooses which XCP token to pay in that you are accepting. You are emailed all the customers required information and your tokens will already be in your wallet. Tend is what the FoldingCoin Shop will be using for items up for sale. For more information visit letstalkbitcoin.com and click on the 'œToken Services' tab in the menu.

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