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sep 28, 2017 - Enhanced Sends With Memo Field Support

Description:

An asset send transaction during this time required a P2PKH output to the receiver of an asset. This is in addition to the message data output (encoded in OP_RETURN).

The additional output was an unnecessary burden that, on average, was five times more expensive to spend than it's worth. The primary use case for a memo field is to identify transactions to merchants and exchanges.

This Counterparty Improvement Proposal reduced the cost associated with accepting or listing XCP and Counterparty assets.

Author: Joe Looney & needmoney90

Added to timeline:

Date:

sep 28, 2017
Now
~ 8 years ago