And regarding my proposal for a CNAME from faucet.mastercoin.org?
faucet.bitwatch.co goes currently to a webhost. I was looking for ways to process the payout. My first idea was to generate the raw transactions via PHP (which works perfectly fine) and then sign and push them, but I'm stuck at the point where the tx are signed. Therefore I came to the conclusion that I do want to run my own bitcoind instance on a VPS. faucet.bitwatch.co is probably not final and I was also thinking about purchasing mastercoin-faucet.com or mastercoinfaucet.com.
Please make sure you use multisig transactions.
Yes, of course. Dispite the frown I also want to generate tx that send the change to the 1-of-2 output to minimize wasted coins (= 1 input [sender], 3 output [exodus, receiver, 1-of-data/sender]).. even if those tx take a while to be confirmed (it's not that bad), this can be countered by using a pool of multiple payout addresses.
i think you ought to explain here that Mastercoin address is a Bitcoin address, and that the address should either come from blockchain.info wallet (maybe even link to the blockchain wallet set up page) or bitcoin-qt.
Agreed. There needs to a some more explaination anyway, like a smallish tutorial how a user can use their MSC and generate transactions.
Can this be done from Blockhain.info account? I can't get the Bitcoin QT on my hardrive (using only SSD), it eats too much of space (although i'm not even sure it needs to sync fully for this to be done).
I think blockchain.info is able to generate signed messages, yes. Another great thin-client that allows signing is Electrum (
www.electrum.org).
No, it just checks karma. I think making it a requirement (if this is even possible) would be too intrusive, same goes for Facebook and potential MSC pages or groups. But this brings me to the idea to suggest users to join the FB group and to subscribe to the subreddit!