Here is why the developers are full of shit when saying they are using the name Counterparty only because it is the name of the protocol for xcp cash.
If counterparty is the name of the protocol then why don’t you just rename your project something else like DeWeller’s cash and on the project’s site specify it is using the counterparty protocol.
A lot of software companies do this when developing new projects on top of other software. You and i know this. The ONLY reason you are not because you want brand recognition. At least be honest about that.
Guess who helped build that brand for the last few years? We did. The owners of Counterparty. Who either by word of mouth, through social media and through our hard earned cash made the project worth what it is today. And because of that it has brand recognition in the community.
You want to take all that and say you don’t owe us anything? Excuse me if I balk at that.
If you believe so much in your project and want to go against everyone’s wishes then don’t use the counterparty name. But you can most certainly specify in your site that your new project is using the counterparty name.
That would be fair if you want to go ahead and do a burn.