[Q&A] Counterparty Foundation Election 2019 Q&A


Do not vote for me! Leave me at 1 vote!

If someone votes me in, I will resign!

I will put all my votes towards you sir! You deserve it!!!

Ryan Baptiste :us:
Candidate #2


I am who you are … OK
First of all, I read your text English hard.

I would like to say one more thing.

Every person should reaffirm that they have gained much more than modern supercomputers that were born together without breaking the light of life ever since the birth of the earth without exception about 4.6 billion years.

This existence is one of the laws of the universe that can not escape the infinite possibilities

± 0 = infinite

Is showing.

That is one of the reasons why you feel your baby is mysterious.


I am located in Ontario Canada just outside of Toronto. The land of the nice and determined.

I plan on helping the foundation identify weakness in the CP ecosystem and address those weakness asap. The most important issues from my perspective are 1) getting XCP relisted on exchanges 2) Updating the website to a modernized look and feel 3) updating and releasing an official counterparty wallet that is also mobile 4) addressing/updating the newsletter and social media profiles 5) continuing on CIPS and code base. I will reply later with more details on these points.

If we had $5000 in funds that need to be spent, I think that money would best go towards maintance and server costs for the next year. Currently Jdog has been covering these expenses on his own. CP needs to take back the costs of operation rather then relying on help from one person.

I have more detailed thoughts on my next post and the ones to follow.


Long Live CP.

Ryan Peters


Hello @chiguireitor .

Thank you for your questions. Sorry for the delay in reply but Ive been giving these questions careful consideration, as it brings up many great points worth addressing. Ill get right to it.

I believe in addition to the general fund counterparty wallet that already exsists, I believe we should create three more fund wallet addresses. Devops, Dev and PR. The community and users can direct donations to the wallet they feel would benefit the donation the most. We can leave the general fund up for those who are indecisive or indiscriminate as to where their donations end up. The general wallet can be used to top up funding for approved initiatives that are just shy of full funding to help expedite.

In regards to maintaining the wallets one of the issues I struggle with is who is the custodian of the wallet/private keys and how do we trust they will act in good faith? Re implementing the multisig function for the donation wallets would alleviate the risk of hoping custodian(s) act in good faith.

Another idea would be to elect a wallet custodian/treasurer from the foundation once the foundation is established.

I would first prefer a multisig option for the wallets but if that cannot be implemented then I believe electing a wallet custodian / treasurer would be the second best option. Community can elect the foundation and then community can elect a treasurer.

Figuring out a way to allocate funds to specific projects based on priorities is a next issue the foundation has to figure out. I believe we draft up things we feel need to be done and conduct a vote on their perspective priorities. Once we establish a hierarchy of things that need to be done, we allocate funds, find the resources and get them done.

From what I understand the out-of-pocket costs that have been covered by J-Dawg for the last 2 years or so, stands at about $500 a month. These monthly costs need to be covered by the foundation/community/users. This should be top priority for the foundation to maintain an active wallet that will pay out hosting and server fees. It’s not responsible for the platform to rely on an individual to pay. Once the foundation is established these costs should be immediately taken over from J-Dog and paid by the foundation/custodian. I will personally commit .20 BTC to this cause and will encourage other users to chip in and secure the funding needed to maintain these costs.

I agree with the circle CI and would like to find out what that cost is monthly. This is another cost that should be covered by the foundation.

In regards to tracking improvements and Bug fixes, perhaps this is something one of the foundation members can take care of. I understand the paid position perspective but at this point in CP (lack of funds and liquidity) perhaps we should assign this role them somebody on the foundation willing to contribute on this end. I’m still torn on this issue so any feedback would be greatly appreciated.

I’m not sure what deployment of new instances to geo distribute is. Can you please clarify?

Although this isn’t an area of expertise for myself, here are my thoughts. The way that things have been handled dev wise with bug fixes pull requests version release additions to the code base etc has been handled exceedingly well by you. Without your support and a handful of others counterparty would of been left for dead. The foundation will help to support you and others to continue your good work. This should be a paid position as it’s one of the most important pieces to the CP ecosystem. Iam just not sure if its a bounty, commission or a full time paid position. Your thoughts here would be greatly appreciated.

In regards to the wallet. This is another issue that should be figured out ASAP. Our current counter wallet is only available web-based and not a mobile app which is silly. Counter wallet is also clunky with a simple, effective but shitty interface. All the functions are great but the interface could use some work. I’m not sure what Jdog would say but I would be interested in having free wallet be the official xcp wallet and if possible rebranded to the xcp wallet. I’ve already publically committed to funding and opening freewallet up to the public. I stand by my pledge I’d be interested in everyone’s thoughts on this including and especially @jdogresorg.

I’m a strong advocate for redesigning and rebranding the webpage basically modernizing it as the content and functions are fine but the way theyre presented needs to change to the current landscape. The foundation should choose a template of choice/rough outline of the new site, and find a developer on fiverr, Upwork, freelancer etc.
Newsletter etc.
I believe we need to improve the newsletter to better reflect what is happening with CP rather then the projects that have /are using CP. In my opinion the newsletter should lead off with addressing the CP improvements, future plans, exciting new features, how it works, what it does etc. Then it should speak and showcase the projects running on CP. I have a rough template in mind and will follow up shortly on this matter. As for examples, explainer vids and youtube videos I have a few ideas for this that will tie into the website quite nicely.
Social media
Its my opinion that social media should be run by someone on the foundation who will be active in engagement with the BTC community. Social media is the best (because its free) to promote and excite new potential users. Pointing to use cases, CP feature sets and what is going on is just a small way to get people familiar with the platform and become users themselves. WE need someone on the foundation to promote and push all types of engagement on this front.

I would petition you to maintain as fulltime developer for CP as you have been doing. I would be interested in hearing your proposal for what you need inorder to continue on. I know many counterparty whales and BTC holders that would be interested in securing you full time for dev work. Iam interested in hearing what you need to feel secure enough. WE need you John, we cant afford to see you go.

Hope this helps. Please let me know if there is anything else. These thoughts are rough but in time we can revive XCP through proper PR, get it re-listed on exchanges and open the door to a new group of users.

Long Live Counterparty!

All the best,

Ryan Peters


Yes I’m great! Couldn’t be happier! :us::us::muscle:t2::heart_eyes::grinning:

Ryan Baptiste :us:


Greetings, all
Nominee No.1
Hon. Larry Shelton

RE: { I propose these things be outsourced to prospective companies and organizations, by the Foundation and as a community director, I plan to use my positioning that I have a part of a Global Consortium Banking network membered by Veterans and many great men of service. I propose a similar Counterparty based Debt Clock app, website, or something similar to ledger all the liabilities and accounts payable for the Foundation on behalf of the community. This keep the whole community aware at all times whats happening with the general funds of the community. }

  • DevOps:
    • Main servers, web page, bootstrap images hosting. This has been covered by jdog out of pocket for the past year and a half (at least).
    • Circle CI was taken down because the member that paid it went away, we should get that back online again.
    • Improvements and bugfixes need to be tracked by someone, this should be a paid position.
    • Deployment of new instances to geodistribute counterparty.

  • DEV:
    • Bug fixes, Pull request reviewal, version release control, etc.
    • Improvements and additions to the XCP codebase.
    • Development or funding of already existing wallets to further their functionality.

{ I propose that improvements and additions come through new token projects and communities, and we assist them with community or project capital structuring as a community, this makes its more lucrative for businesses, organizations, and governments to assist and get involved to better understand the needs, improvements, and additions to link our Counterparty Community to the Global Banking System.If not pushing us to the forefront of it with the power of our Bitcoin layer and protocol. We should be responsible as the Foundation on behalf of the entire community to make sure the community as a whole is receiving quality services that incorporate Counterparty into there applications on the main site Counterparty.io. This Community Initiative on and for the positive growth of the entire community will require for new CIP and extension of the XCP Codebase, we also need to make sure as the foundation that there is always a way to access and receive XCP. There we should be focused on the development of quality based products centered around XCP and its protocol and the chosen project that will premiere as the use cases of the Community. }

  • PR:
    • Webpage redesign, rebranding (maybe not changing the name, but look at enjincoin’s page and look at ours, which one would you use?)
    • Newsletter, documentation, examples, youtube videos.
    • Social media management and engagement. Not just posting a tweet once a month.

{ I propose also in addition to new professional user cases and application similar to a Bitpay and we need to involve automatic posting and much more SEO tools to expand marketing outreach and this can be done by also outsourcing the right PR’s and Brand Ambassadors, and Marketing & Bank network. I have the network and plan to make this available to all in the Counterparty Community. This will relieve the stress from Jdog and others who have given numerous assets & also many free-will contributions to the Counterparty Community; as well as my self.}

Long live Counterparty…
Best regards,

In the care of:
Hon. Larry Shelton
On behalf of:
H.I.M Dr. Lawiy Zodok El
World Temple
World Chaplin
Ph. No. 832 576 6806


Love this GSOS!

My votes have all been casted to you sir! You deserve it!

Ryan Baptiste :us::jp::canada::rocket::earth_americas::pray:


I am crying now.
I received your feelings.
I tried to put all the votes that can be entered into you. But that is not acceptable.
And I feel that being put into the others will ignore your feelings.
And I feel that I can trust this CP community again. All the current candidates are wonderful. Together with Mr. Titanium, I would like to participate in making people involved with CP happy. Although I can not speak English properly, I am determined to impose my own hardships. I will withdraw my last statement and prepare for my vote.



You are awesome sir! So happy about this. TY!

I will help you the best I can learn English!

Thank you! :us::jp::canada:

Ryan Baptiste


I am grateful to you.
I look forward to the day when I can talk with you in English.




And thank you all.
And thank you to everyone who put me a vote.

XCPs are promised for issue caps and are consumed each time they are used. This shows the height of value preservation ability. And XCP can express human life. XCP is a proof of an asset that can provide the world with new value that is equally available to people around the world. Eventually people will understand the performance of XCP. The value is different from the currency that can only be used for settlement such as BTC.
In order to make the best use of XCP performance, it depends on the design of the system and the convenience and completeness of the future.

Osamu Takehisa :jp
Candidate #4


This is great that we have many donating their personal funds to support the work on Counterparty.
I do want to say to all future members of the Foundation…
Counterparty needs to SCALE big time.
Either by moving the chain/promoting the use of Sidechains to buy time for the LN part.
I for one prefer keeping it in bitcoin IMO.
And I imagine that Counterparty can merge alot of RGB code-a LN token creation platform with it:

And I do hope the foundation looks into ways to fund the token via the asset itself. DAO funds?
Donation are cool but are not a sustainable way to work IMO

Anyway good luck y’all
I hope and based on all the people nominated will work on making Counterparty to be being seen as modern platform again.


Thanks for your consideration, everyone who voted
If I make it on the foundation or not, I’ve enjoyed the challenge.
I will do my best attempt to answer any last minute questions. thanks again
:smiley: :eight:


Congrats to all the winners!

We are lucky to have you all!

Thank you!
Ryan Baptiste :us::canada::jp:

1 Like

Thanks guys.
I enjoyed talking to you in this CP election.
And I’m glad to have someone understand it. I hope you improve CP to a better mechanism and gain the trust of many people.
My XCP was mostly limited to ZAIF, so I couldn’t use it this time.
If we can participate again next year, I would like to improve and take on challenges. However, it is a pity that XCP holders have hardly participated in the polls. It may be limited to ZAIF as well as me. And it is a pity that FISCO is too indifferent.
We also think that we need to consider moving only the agreed XCP to another new asset.
I always support CP development.

Thank you very much.

GSOS Osamu Takehisa


To everyone again
I have something to tell you.
XCP is an item that can express human life. We can express in a time series the people supported by the present people.
It is an unprecedented view of the world. I hope everyone works with confidence.
Attitude and completion increase the number of followers. Most people don’t know the value of XCP, but believe in your ability.
I support CP.

GSOS Osamu Takehisa


Dear CP Developers

The end of the shaky capitalist economy is near. At that time, CP can be an economic system that saves the world. People are given unlimited value creation ability at the time of birth. I want you to be able to express that life. I would like you to create a core economic system.

We are allowed to be able to burn lives. The flame can create value.

Although our existence is finite, its will and trace can remain infinite as long as the universe exists.

You should take it immediately.

I love you all.

Osamu Takehisa



Do you have any of your thoughts expanded?

If you can use a quick translator, I can review and edit so it’s easier for you.


Ryan :us::jp::canada::earth_americas:

1 Like

Thank you Ryan.

What is a quick translatoreasier app? It can not be found in the appstore. Is there a way to get it? I designed a mechanism to increase the value of GN. The mechanism of GSOS is a mechanism that limits the stability of value, and there is no bubble. I think that if it can be incorporated as a mechanism that can not be exploited by traders even in XCP, it will be a mechanism that does not lose its operation. There is also a way to incorporate AI into CP and make it operate with a sense of stability. There are many things I need to do. It is about completing the cultivation system, the economic system and the energy supply system according to the laws of nature. All are my important missions.




Can you email it to this email address. This isn’t my personal email address but for public safety, it will suffice.


I will give it a shot at translating.

I will send back to you to review what you think and you can release publically if you wish.


Ryan :us::jp::canada::earth_americas:

1 Like