Counterparty is a transport layer built on bitcoin protocols used to establish and use decentralized financial instrument protocols. In simple terms, XCP can be understood as a number of "small BTCs" ie XCP = "small BTC" but these "small BTCs" (XCP) not only have currency trading capabilities, but XCP also has an asset distribution Shares), dividend distribution and betting capabilities. BTS / XCP / NXT is currently relatively active three two tokens. The XCP posted an announcement on the bitcointalk forum on January 2, 2014 to distribute the XCP, by assigning it to destroy BTC, the so-called PoB (Poor-of-Burn), and each address is limited to one burn BTC way, so that you can more fairly allocate XCP. Duration of 1 month, ending on February 2.