MasterCoin: New Protocol Layer Starting From “The Exodus Address” - page 33.

Bebopzzz

newbie

Activity: 53

Merit: 0

Quote from: cityglut on January 02, 2014, 12:27:04 PM

Some people here may be interested to know about a project I'm involved with called Counterparty, which is rather similar to Mastercoin. We just launched, and we have a working distributed exchange, plus price feeds, bets, CFDs, and user-created assets. We're not using an Exodus address, but are rather
initializing balances in XCP (the native currency) with 'proof of burn', destroying BTC in miner's fees. There's no centralization at all, and there's a functional reference client.

The main thread is here:
https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761.

well I guess this is flattery...

Mastercoin has it's attempt at a Litecoin-equivalent.

jeroenn13

hero member

Activity: 644

Merit: 500

Quote from: cityglut on January 02, 2014, 12:27:04 PM

Some people here may be interested to know about a project I'm involved with called Counterparty, which is rather similar to Mastercoin. We just launched, and we have a working distributed exchange, plus price feeds, bets, CFDs, and user-created assets. We're not using an Exodus address, but are rather
initializing balances in XCP (the native currency) with 'proof of burn', destroying BTC in miner's fees. There's no centralization at all, and there's a functional reference client.

The main thread is here:
https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761.

We have Mastercoin, thank you.

cityglut

full member

Activity: 216

Merit: 100

Some people here may be interested to know about a project I'm involved with called Counterparty, which is rather similar to Mastercoin. We just launched, and we have a working distributed exchange, plus price feeds, bets, CFDs, and user-created assets. We're not using an Exodus address, but are rather
initializing balances in XCP (the native currency) with 'proof of burn', destroying BTC in miner's fees. There's no centralization at all, and there's a functional reference client.

The main thread is here:
https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761.

NewLiberty

legendary

Activity: 1204

Merit: 1002

Gresham's Lawyer

https://equities.wedbush.com/clientsite/Research/ActionAlertFilePreview.asp?UUID=8F27B170-5C0F-4A17-8A59-A33229236B04

niner

full member

Activity: 189

Merit: 100

You are here ---------> but you're not all there.

crypto-coverage starts at 08:00 in the video

ninjaboon

legendary

Activity: 2128

Merit: 1002

Quote from: hl5460 on December 31, 2013, 05:25:28 PM

Mastercoin exposed on CCTV. With comments:
Mastercoin born in Sep 2013.
Integrated into the core protocol of BTC.
More secure and more flexible in transaction.
The current price for MSC is 180.25 USD.
Screenshot taken by Really Li.

video:
http://cctv.cntv.cn/lm/huanqiucaijinglianxian/index.shtml

wow, posted this info to my whatsapp group, over 200 people in it.

hl5460

legendary

Activity: 1621

Merit: 1000

news.8btc.com

Mastercoin exposed on CCTV. With comments:
Mastercoin born in Sep 2013.
Integrated into the core protocol of BTC.
More secure and more flexible in transaction.
The current price for MSC is 180.25 USD.
Screenshot taken by Really Li.

video:
http://cctv.cntv.cn/lm/huanqiucaijinglianxian/index.shtml

eXclusiveOR

jr. member

Activity: 60

Merit: 1

Quote from: Patel on December 31, 2013, 03:49:57 PM

Quote from: eXclusiveOR on December 31, 2013, 03:38:28 PM

Quote from: Patel on December 31, 2013, 03:29:08 PM

Quote from: eXclusiveOR on December 31, 2013, 03:27:05 PM

Quote from: Patel on December 31, 2013, 03:26:16 PM

Quote from: eXclusiveOR on December 31, 2013, 03:24:41 PM

On masterxchange and other websites it looks like MSC/BTC is traded regularly. But when I look for an MSC wallet all of them are coming with a lot of warnings about being experimental and how only wallets with small amounts for testing should be used with them.

Despite their alpha status, is anybody here using one of the wallets to send MSC frequently and can say something about stability of these wallets? Which wallet has failed on you, which one was reliable so far? Any experiences?

What do you mean by wallet? A mastercoin wallet is a bitcoin address. And sending/receiving is working fine

http://wiki.mastercoin.org/index.php/Wallet

I dont think anyone is using those wallets. Majority of the people are just storing their MSC on their own bitcoin addresses.

Mh, what about https://masterchain.info/ then? It's the first option being listed here.

yeah but you can just use mastercoinadvisor.exe to send MSC, Why would you want to keep your MSC on a webwallet instead of your own private key?

I am just curious about how people are doing their MSC transactions, maybe someone else has a different opinion on this (I personally don't like web wallets either, but they exist and are being used, so there obviously are people who want to use them). And as long as there is no nice and clean GUI for MSC transactions its usage will be limited mostly to tech-savvy users. So I am curious whether there is already a promising candidate for filling this gap or we are still at the very beginning.

Patel

legendary

Activity: 1320

Merit: 1007

Quote from: eXclusiveOR on December 31, 2013, 03:38:28 PM

Quote from: Patel on December 31, 2013, 03:29:08 PM

Quote from: eXclusiveOR on December 31, 2013, 03:27:05 PM

Quote from: Patel on December 31, 2013, 03:26:16 PM

Quote from: eXclusiveOR on December 31, 2013, 03:24:41 PM

On masterxchange and other websites it looks like MSC/BTC is traded regularly. But when I look for an MSC wallet all of them are coming with a lot of warnings about being experimental and how only wallets with small amounts for testing should be used with them.

Despite their alpha status, is anybody here using one of the wallets to send MSC frequently and can say something about stability of these wallets? Which wallet has failed on you, which one was reliable so far? Any experiences?

What do you mean by wallet? A mastercoin wallet is a bitcoin address. And sending/receiving is working fine

http://wiki.mastercoin.org/index.php/Wallet

I dont think anyone is using those wallets. Majority of the people are just storing their MSC on their own bitcoin addresses.

Mh, what about https://masterchain.info/ then? It's the first option being listed here.

yeah but you can just use mastercoinadvisor.exe to send MSC, Why would you want to keep your MSC on a webwallet instead of your own private key?

eXclusiveOR

jr. member

Activity: 60

Merit: 1

Quote from: Patel on December 31, 2013, 03:29:08 PM

Quote from: eXclusiveOR on December 31, 2013, 03:27:05 PM

Quote from: Patel on December 31, 2013, 03:26:16 PM

Quote from: eXclusiveOR on December 31, 2013, 03:24:41 PM

On masterxchange and other websites it looks like MSC/BTC is traded regularly. But when I look for an MSC wallet all of them are coming with a lot of warnings about being experimental and how only wallets with small amounts for testing should be used with them.

Despite their alpha status, is anybody here using one of the wallets to send MSC frequently and can say something about stability of these wallets? Which wallet has failed on you, which one was reliable so far? Any experiences?

What do you mean by wallet? A mastercoin wallet is a bitcoin address. And sending/receiving is working fine

http://wiki.mastercoin.org/index.php/Wallet

I dont think anyone is using those wallets. Majority of the people are just storing their MSC on their own bitcoin addresses.

Mh, what about https://masterchain.info/ then? It's the first option being listed here.

Patel

legendary

Activity: 1320

Merit: 1007

Quote from: eXclusiveOR on December 31, 2013, 03:27:05 PM

Quote from: Patel on December 31, 2013, 03:26:16 PM

Quote from: eXclusiveOR on December 31, 2013, 03:24:41 PM

On masterxchange and other websites it looks like MSC/BTC is traded regularly. But when I look for an MSC wallet all of them are coming with a lot of warnings about being experimental and how only wallets with small amounts for testing should be used with them.

Despite their alpha status, is anybody here using one of the wallets to send MSC frequently and can say something about stability of these wallets? Which wallet has failed on you, which one was reliable so far? Any experiences?

What do you mean by wallet? A mastercoin wallet is a bitcoin address. And sending/receiving is working fine

http://wiki.mastercoin.org/index.php/Wallet

I dont think anyone is using those wallets. Majority of the people are just storing their MSC on their own bitcoin addresses.

eXclusiveOR

jr. member

Activity: 60

Merit: 1

Quote from: Patel on December 31, 2013, 03:26:16 PM

Quote from: eXclusiveOR on December 31, 2013, 03:24:41 PM

On masterxchange and other websites it looks like MSC/BTC is traded regularly. But when I look for an MSC wallet all of them are coming with a lot of warnings about being experimental and how only wallets with small amounts for testing should be used with them.

Despite their alpha status, is anybody here using one of the wallets to send MSC frequently and can say something about stability of these wallets? Which wallet has failed on you, which one was reliable so far? Any experiences?

What do you mean by wallet? A mastercoin wallet is a bitcoin address. And sending/receiving is working fine

http://wiki.mastercoin.org/index.php/Wallet

Patel

legendary

Activity: 1320

Merit: 1007

Quote from: eXclusiveOR on December 31, 2013, 03:24:41 PM

On masterxchange and other websites it looks like MSC/BTC is traded regularly. But when I look for an MSC wallet all of them are coming with a lot of warnings about being experimental and how only wallets with small amounts for testing should be used with them.

Despite their alpha status, is anybody here using one of the wallets to send MSC frequently and can say something about stability of these wallets? Which wallet has failed on you, which one was reliable so far? Any experiences?

A mastercoin wallet is a bitcoin address. And sending/receiving is working fine

eXclusiveOR

jr. member

Activity: 60

Merit: 1

On masterxchange and other websites it looks like MSC/BTC is traded regularly. But when I look for an MSC wallet all of them are coming with a lot of warnings about being experimental and how only wallets with small amounts for testing should be used with them.

Despite their alpha status, is anybody here using one of the wallets to send MSC frequently and can say something about stability of these wallets? Which wallet has failed on you, which one was reliable so far? Any experiences?

udecker

full member

Activity: 142

Merit: 252

Quote from: Tachikoma on December 31, 2013, 07:37:09 AM

Quote from: prophetx on December 31, 2013, 07:15:05 AM

new blog post

INTRODUCING THE FIRST TWO FULL-TIME MASTERCOIN DEVELOPERS

http://blog.mastercoin.org/2013/12/31/introducing-first-two-full-time-mastercoin-developers/

Wow you beat me to it! The last few weeks have been crazy but I'm happy I can finally let the world know I will be spending more time on Mastercoin in the following months

Maran, congrats to you and Jeffrey! This project will be greatly benefitted by your full-time involvement. Looking forward to seeing the great things you’ll accomplish!

marcelus

sr. member

Activity: 297

Merit: 250

Quote from: Tachikoma on December 31, 2013, 07:37:09 AM

Quote from: prophetx on December 31, 2013, 07:15:05 AM

new blog post

INTRODUCING THE FIRST TWO FULL-TIME MASTERCOIN DEVELOPERS

http://blog.mastercoin.org/2013/12/31/introducing-first-two-full-time-mastercoin-developers/

Wow you beat me to it! The last few weeks have been crazy but I'm happy I can finally let the world know I will be spending more time on Mastercoin in the following months

Excellent

Voodah

sr. member

Activity: 266

Merit: 250

Quote from: Tachikoma on December 31, 2013, 07:37:09 AM

Quote from: prophetx on December 31, 2013, 07:15:05 AM

new blog post

INTRODUCING THE FIRST TWO FULL-TIME MASTERCOIN DEVELOPERS

http://blog.mastercoin.org/2013/12/31/introducing-first-two-full-time-mastercoin-developers/

Wow you beat me to it! The last few weeks have been crazy but I'm happy I can finally let the world know I will be spending more time on Mastercoin in the following months

Congratulations !

This is excellent news and long overdue.

superfluouso

full member

Activity: 201

Merit: 100

Excellent news! Congrats to both of you. Welcome to the project Jeffrey and thanks for bringing your skills to the cause!

Tachikoma

hero member

Activity: 938

Merit: 1000

Quote from: prophetx on December 31, 2013, 07:15:05 AM

new blog post

INTRODUCING THE FIRST TWO FULL-TIME MASTERCOIN DEVELOPERS

http://blog.mastercoin.org/2013/12/31/introducing-first-two-full-time-mastercoin-developers/

Wow you beat me to it! The last few weeks have been crazy but I'm happy I can finally let the world know I will be spending more time on Mastercoin in the following months

marcelus

sr. member

Activity: 297

Merit: 250

Quote from: prophetx on December 31, 2013, 06:48:47 AM

bitcoin is not an efficient market either... and it could all come tumbling down tomorrow as real researchers with phd's have pointed out. but it hasn't; at least not yet.

people are already trying to game the system... this was discussed a while back I believe it was someone who calculated that confirmation power of 3 bitcoin confirms equals 2.5 for mastercoin. (i'm recalling this from memory so someone feel free to look it up and correct me) anyway so one simply needs to wait 7 or 8 blocks, the role of the protocol does not include enabling high frequency crack trading.

This was said by JR in a debate with killerstorm on reddit. I don't think there has been meaningful research done on it.

Quote from: prophetx on December 31, 2013, 06:48:47 AM

user currencies are separate in the spec from smart properties which could be stocks, bonds, etc.

Ah OK I misunderstood the nomenclature then.

Topic: MasterCoin: New Protocol Layer Starting From “The Exodus Address” - page 33. (Read 448480 times)