I disagree. I think that Counterparty adds value to the Bitcoin platform. I envision BTC almost being like gold, not something that will ultimately be used everyday. I think a token built inside of Counterparty will be that everyday used token.
Its kind of like the internet, the original value of the internet was to transfer files from point A to point B.
Then came: email, the browser, instant messaging, online shopping, social media, streaming, ext.....
This adds additional value to the Bitcoin blockchain thus making it more desirable to have.
But i do agree that the miners should work on useless algorithms, that is the best way to keep it just and fair, but building applications inside of that is just fantastic
Its kind of like the internet, the original value of the internet was to transfer files from point A to point B. Then came: email, the browser, instant messaging, online shopping, social media, streaming, ext.....
This adds additional value to the Bitcoin blockchain thus making it more desirable to have.
But i do agree that the miners should work on useless algorithms, that is the best way to keep it just and fair, but building applications inside of that is just fantastic