Cryptocurrency Q&A How does XCP work?

How does XCP work?

CryptoLord CryptoLord Thu Sep 19 2024 | 7 answers 1740
Could you please explain in simple terms how XCP, the Counterparty protocol, functions? I'm curious to understand its technical workings and how it enables the creation and trading of assets on the Bitcoin blockchain. Is it a smart contract platform, or does it work in a different way? And how does it ensure security and integrity of transactions? How does XCP work?

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