IndieSquare Wallet vs Others: Is it a Step Forward?

By November 21, 2015Bitcoin Business

Decentralized exchanges have paralleled projects such as Colored Coins that allow for individual claims of ownership via the blockchain . But they’ve always edged more towards crypto enthusiasts or experts in terms of access because they only exist on 2.0 platforms such as Counterparty CT r: 133 , NXT CT r: 104 , and Bitshares CT r: 78 . But Koji Higashi and his team at IndieSquare have produced a wallet capable of a native solution for these issues. The Indie Approach Taking the initiative to combine the native features of a mobile crypto wallet and the Counterparty system is an accomplishment in itself, but IndieSquare has managed to go one step further by natively supporting Shapeshift.io features within the wallet app , or as Koji himself put it: “For a lot of users getting XCP is a big hurdle. That’s one of the reasons we added support for ShapeShift so beginners can start experiencing Counterparty and the decentralized exchange more casually. Now we have integrated ShapeShift in our wallet, if you have some btc, you can purchase XCP, a native Counterparty token, easily and can issue your original token or start trading for other Counterparty tokens through XCP all within IndieSquare Wallet. So yes in a way, you can consider our wallet a bitcoin CT r: 6 wallet with Counterparty features.” When asked why his team chose Counterparty over any other 2.0 platform, Koji gave this response: “I see. A very good question. So the big part about choosing Counterparty over say… Colored Coins, for example, is Counterparty already has a functional decentralized exchange where you can trade your own tokens with other people in a decentralized way. When we started working on the project, we have looked into BiShares, NXT, and others too as they have their […]

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