Counterparty is a peer-to-peer financial platform and distributed, open source Internet protocol built on top of the Bitcoin blockchain and network. It was one of the most well-known "Bitcoin 2.0" (later known as non-fungible token) platforms in 2014, along with Mastercoin, Ethereum, Colored Coins, Ripple and . It is a "metacoin"-type protocol. It provides such features as tradable user-created currencies, additional financial instruments and a decentralized asset exchange.
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