Counterfork is a decentralized grassroot project by and for the Counterparty stake holders.
Counterparty has always been a blockchain agnostic project, and time is due for Counterparty to expand to other blockchains.
Our mission is to ensure that any project carrying the Counterparty brand fairly rewards the Counterparty community. This involves:
Take a snapshot of Counterparty at a certain block height. Carry all XCP and token balances forward on the new chain.
Each project (and community) is free to choose on which chains their tokens shall hold utility. This snapshot approach removes the risk of bad actors taking control of their asset names.
We will support Counterparty Cash IF (and only if) they do this. If not, we consider it an illegitimate attack on Counterparty and we will launch the legitimate Counterparty Cash first.
Next up is Counterparty Lite on Litecoin. This is a bit more challenging from a technical pow and consultation with programmers is needed for how best to carry forward balances.
Down the line, the mission is to have Counterparty versions on all major chains. Remember, if we don’t fork first, bad actors will come and screw us over!
As a purely decentralized project, everyone who believes in Counterparty is welcome to join the Counterfork!