Been quiet in here for a while... figured i'd share some of the interesting discoveries of the past few days in here for those who are not in the main CP Channel

https://github.com/KontorProtocol/Documentation

TLDR.... Adam and team been planning an alternate / new metaprotocol on Bitcoin for quite a while... started working on it before the CP 2.0 fork (domain name registered over a year ago, KONTOR asset registered immediately after CP 2.0 fork).... also explains why they were so invested in forcing atomic swaps into the CP protocol without community consensus..... it was necesary for them to be able to put CP tokens on UTXOs as off-ramps from CP and an on-ramp to their new metaprotocol

https://i.gyazo.com/eeeaae407bd28d9afbb6fbef385ba163.png

Atomic swaps that are and were never actually atomic swaps lol

Weird they chose to name it something that exists and is well defined

Notice the Hybrid UTXO model... take CP token into KOR utxo.. then detach the asset into the KOR balance... also notice, that you can only "detach" assets from a KOR utxo to have it enter the KOR ledger/smart contracts... seems like a 1-way peg to vampire-attack the tokens and value from CP, Ordinals, BRC-20.... Also interesting that they took money from the CP community to work on CP, funds from VC investors to work on Counterparty/Horizon... and worked on Kontor the whole time in the background.... explains a bunch of things like why atomic swaps were forced, why some of the CP functionality was crippled (dispensers), and why Adam freaked out and rage-quit the CP channel when asked about funding.... didn't want anyone digging to deep into what they were ACTUALLY doin... launching a new metaprotocl.

Adam and team totally transparent as always 😜️️️️️️

Fuck Adam

Bought the domain one week before he created his fork channel

kinda like "NFTs" being a generic term for things now... when most are not "non-fungible tokens"... atomic-swaps are another case like that where the clearly defined definition has morphed into some nebulous all-emcompasing term

They also airdroping 10% of kantor to xcp holders

Kontor tokenomics is very "ambitious"

10% airdrop… not all to xcp holders… doesnt say that… prolly airdropping to other communities as well like ordinals n such

They aren't atomic swaps?

I didn't understand it neither

Adamic swaps

They are atomic swaps by definition

There are many things I don't like how has been implemented and very opinated things but atomic swaps is a win for the protocol

If I have to swap a nakamoto I would use an atomic swap for sure

Not rely on dispensers, OTC or emblem for it

Looking forward to an open marketplace to list sale offers

Firemints is there for you

Needs some love

But is working

Also the open book I did is OpenSource for anyone to implement it

I'll check them out
Thanks

This one is pretty cool technically as the psbt is stored on bitcoin using Olga encoding

So all the markets can share listings and add their fee on top of it

Is it on your GitHub? Could you link plz?

sure sir https://github.com/JavierCervilla/BTC_OPENBOOK

is live here: https://openbook.0.srcpad.pro/docs

this also indexes all the atomic swaps occuring on bitcoin of counterparty assets in any market

once i finish what we are building now will come back to this and give it some love

They are not… an atomic swap is a cross chain event these happen on the same chain

Im personally not gonna stop using emblem...

P2p transaction, involving an all-or-nothing agreement

"Removal of middleman"

That does not make it something that occurs between two chains

Irrelevant to what chain its occurring on. It is the type of swap between p2p

It can occur cross chains. Or same chain.

“Atomic swaps are a way to exchange cryptocurrencies directly across different blockchains. “

That is one case use. Yes

It is a case use

Not how all these define it

An atomic swap is a method for exchanging one cryptocurrency for another directly between two people (peer-to-peer) without needing to trust a third party, like a centralized exchange (e.g., Coinbase or Binance).
​The key term is "atomic," which in this context means the transaction is "all-or-nothing." It either completes exactly as agreed, with both parties receiving their new coins, or it fails entirely, and both parties get their original coins back. This process eliminates the risk of one person sending their funds but not receiving the other person's funds in return.

It has always meant across Chains and that’s how it’s described everywhere I’ve looked too. It’s just being used as it sounds better than utxo trading via multisig txs

https://cp20.tokenscan.io/asset/KONTORONBTC
Called it
Hhaha zadams party 6.143

I am not in disagreement with the cross chain swaps.

Atomic swaps refers that is doing in one tx with atomic principles that means if one of the parts fails the tx fails can be or not crosschain

Yeh but anyone that’s been around crypto for long enough and spent in the Adam bubble understands it to means to swap coins across chains

I love emblem too but atomic swaps is more secure that was my point

Got your point

Just found the forum post. Will run it across Gemini Pro for a quick report

Post: The concept was first presented by Nolan in a May 2013 BitcoinTalk post titled "Alt chains and atomic transfers"

Concept: Nolan's idea was to create a secure, decentralized way for different blockchains to exchange cryptocurrency directly.

And it goes on

So it isn't wrong to say crosschain swaps. But Bitcoin and Counterparty are a case use

Yeh I know it’s not wrong but “atomic swaps” the way the term it’s being used here is just dex essentially

And yeh it’s new and it’s cool and safe but it’s just a dex trade really facilitated by multisig and utxo

Swapping XCP for a rarepepe on xcpDex isnt an atomic swap and also incurs no one loosing coins

Yeah I want everybody to be happy... 90% of my views are just for the "what im gonna use" pov.

Im moving all my utxo out of one corner into another. Is there any plan on connecting to firemints.xyz with rarepepewallet.wtf by chance?

I'm not sure how to do it sir not sure if is possible

Need to talk with looney

it would be much appreciated, if possible

Will ask him