Software:Dogeparty
| Developer(s) | Jeremy Johnson, Javier Varona |
|---|---|
| Stable release | 9.59.3
|
| Written in | Python |
| Operating system | Cross-platform |
| License | MIT |
| Website | https://www.dogeparty.net |
Dogeparty is a peer-to-peer financial platform and distributed, open source Internet protocol built on top of the Dogecoin blockchain and network.[1] It is a meta-layer protocol forked from Counterparty which provides numerous features and functions including tradable user-created currencies, broadcasts, dividends, and a decentralized asset exchange.[1][2]
Initial Launch Period (2014 - 2016)
Dogeparty was created and launched by a team of developers from two organizations, Humint and Social Giver, in August of 2014 within a scope of time that saw the introduction of similar projects including Counterparty, Mastercoin, Ethereum, NXT, Ripple and BitShares.[3] Dogeparty has a native currency, XDP, which was created at the launch by a "proof of burn" which distinguishes itself from alternatives like crowdsales or ICOs. The "burn" was purposefully designed as a transformational process by which users converted Dogecoin to XDP in a transaction which sent Dogecoin to a provably unspendable Dogecoin address with no known private key.[3] This was intended to establish legitimacy by eliminating any source of unfairness in the form of a fundraising windfall to the developers.[4] The 2014 "burn" locked away just over 1,854,583,718 Dogecoin, worth approximately $268,914 at that time.[5] XDP is used in the Dogeparty protocol to create new named assets, sub-assets, and may also be used to buy, sell, or trade assets on the platform's built-in decentralized exchange.[2] The first user asset named "LTBC" was created on August 13, 2014 and a description "For Adam" was added to the asset on the same day.[6] The platform ran until May of 2016 at which time it was abandoned by the original developers which resulted in the wallets becoming inoperable.[7]
Relaunch Period (2021 - Present)
In August of 2021 the Dogeparty Foundation was formed by three founding members (Jeremy Johnson, Ryan Baptiste, and Javier Varona) and the Dogeparty servers were brought back to life.[8] To help ensure its future survival, the Foundation offered newly created Dogeparty utility tokens (XDP) which were offered as part of a new self-titled "bern" period. The new XDP tokens were offered at a rate of 1 XDP for 10 Dogecoin and the resulting 3,019,958 Dogecoin was deposited in a wallet address controlled by the Dogeparty Foundation for the general purpose of maintaining continuity of the Dogeparty platform. The funds are managed and allocated to various functions as needed by consensus of the three founders and five annually-elected community directors.[2]
References
- ↑ 1.0 1.1 Rizzo, Pete (2015-03-03). "CoinDaddy Launches WHOIS-Style Search Engine for Digital Assets" (in en). https://www.coindesk.com/markets/2015/03/03/coindaddy-launches-whois-style-search-engine-for-digital-assets/.
- ↑ 2.0 2.1 2.2 "Dogeparty.net | Dogeparty is a layer on the Dogecoin network for new coins that foster creativity and promote social good.". https://dogeparty.net/.
- ↑ 3.0 3.1 "Dogecoin Community Burning Currency for Dogeparty" (in en-US). 2014-08-14. https://www.ccn.com/dogecoin-community-burning-currency-dogeparty/.
- ↑ Rob. "Counterparty, Dogeparty, and Why the Term 'Burning' Gives the Wrong Impression" (in en). https://letstalkbitcoin.com/blog/post/counterparty-dogeparty-and-why-the-term-burning-gives-the-wrong-impression.
- ↑ "SoChain Dogecoin Blockchain Explorer". https://chain.so/address/DOGE/DDogepartyxxxxxxxxxxxxxxxxxxw1dfzr.
- ↑ "Dogeparty Asset Timeline". https://jpjanssen.com/timeline/dogeparty.html.
- ↑ "Dogeparty: NFT meta-layer on top of Dogecoin (Part 1)" (in en). 2022-04-05. https://doggfather.medium.com/dogeparty-nft-meta-layer-on-top-of-dogecoin-part-1-3105d7b24abf.
- ↑ "Dogeparty: What has happened since relaunch in fall 2021 (Part 2)" (in en). 2022-04-05. https://doggfather.medium.com/dogeparty-what-has-happened-since-relaunch-in-fall-2021-part-2-47a324303080.
External links
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