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XCP Price Today
The live Counterparty price today is $9.3853 with a 24-hour trading volume of $1,006.11. Counterparty is 5.73% in the last 24 hours.The current MyToken ranking is #-- ,with a live market cap of $24,331,650.14 . It has a circulating supply of 2,592,517 XCP and a max supply of 0 XCP.
What Is Counterparty?
Contract coins are used to provide functionality that is technically impossible to use bitcoin for. For example, contract coins are the currency used to pay for all smart contract code execution. More generally, contract coins represent an agreed equity stake in the contract network and are the voting currency for the community to decide on changes in functionality. Contracocoins are created by "burning" Bitcoins, which are sent to an unconsumable address in exchange for contracocoins, ensuring that they are distributed evenly and fairly. In January 2014, more than 2,100 bitcoins were burned, creating about 2.6 million contract coins.
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