XBTC is another blockchain asset built using CounterParty. We are currently paying all weekly dividends in the form of XBTC. It's purpose is to provide a 1:1 Bitcoin gateway into the CounterParty protocol (there are several features in the protocol that you can't do with strictly BTC). The reason we are using XBTC is because due to the dust limits (extremely small transactions) imposed by the majority of Bitcoin miners, any smaller shareholders would not receive any payments at all unless it was a very large dividend. XBTC allows us to get around this by being an embedded asset, able to send as little or big of payments as we want (down to 1 satoshi worth). It also can be used to participate in decentralized betting, and you will find that it is much faster and easier to trade with on the Decentralized Asset Exchange. Another added bonus is that all dividends are recorded in the public ledger and viewable on blockscan.com.
