Topic: MasterCoin: New Protocol Layer Starting From “The Exodus Address” - page 4. (Read 448418 times)

Do you know who "Robby" actually is? Can you put a name to "Robby"? Also, who are the other people behind the project? I believe there are 2 guys at least.

Counterparty is not anonymous.  Everyone knows it is being built by 'Robby' - https://bitcointalksearch.org/user/rbdrbd-102837

You can check precisely from where the whole thing started: https://bitcointalk.org/index.php?topic=265488.msg3822194;topicseen#msg3822194 

Robby wanted to join Mastercoin and he started telling everyone how they suck and he is an experienced professional who has done many big projects.  Mastercoin didn't get impressed with Robby's 'big swinging dick' attitude - so they told him "No thanks".  So Robby went off and did his own thing: CounterParty.  Robby built something nice.  However, the Mastercoin infrastructure is much more than Robby's fast programming ability.  Mastercoin is a community of dedicated hard working guys who COOPERATE together.  Robby is a single dominant personality who wants to take over and tell others who don't agree with him - they suck. 

We'll see which holds up.  Robby's work is no doubt nice.  But Robby is not a community of cooperating parts.  Counterparty will copy Mastercoin and every step - in some places, CP will even look better.  But CP will not be able to pass MSC as CP is mere a one man show with loads of coding skill. 

It is a shame really.  Mastercoin could have used contributions from Robby.  But his dumb-ass personality got in the way.   He isn't the kind of guy who cooperates with others.  'My way or the highway'.  So - he took the highway.  Bye-bye robby.

I see. Thank you!
So same problem and solution as Counterparty, i guess?

Dominik Ży ：I got more information on this. As it turns out op_return and multisig have NOT been removed. Only one or two developers want to deprecate certain types of multisig transaction.

What are they using then. CheckMultiSig? Bitcoin dev. like that option even less.

No they didn't attack MSC and XCP. They just don't want OP-Return being used for anything other than hashes. Mastercoin doesn't currently use OP_Return so I'm not sure how anyone can assume seizure of the service.

I kinda disagree. Mastercoin data is currently encoded within multisig outputs and the size reduction of OP_RETURN wasn't an issue in the first place.

The proposal to get rid of multisig transactions in the current form altogether is a huge step and nothing that is done within a day.

But even if they dare to push this through it actually doesn't take much to adapt: Mastercoin transaction data is separated from the encoding and transportation layer.

This sounds bad if developer have already cashed out him coins and everyone know about really slowly development speed and then even no any comments about this case... We know this is really big problem the coin when looks like bitcoin core team attack against MSC and XCP.

Until we hear from them we have to assume seizure of service as soon as the Bitcoin devs do act upon MSC's vital Bitcoin functionalities and probably a couple of months until plan B for Mastercoin has been worked out and tested.

Neither with 80 nor 40 byte OP_RETURN was useful to store MSC data because of it's limited length. The Bitcoin core devs were furthermore discussing to drop multisig transactions in their current form as standard transaction type. The MSC devs are acting proactive and are working on a new encoding scheme right now. I see it very positive, because this will yield something even more sophisticated.

I am sure i read that mastercoin had already forseen this and already have plans

It would be good to hear from a MSC dev about this matter

Any comments from developers about Mastercoin and OP_RETURN changes? Can you fix mastercoin code working perfectly without that and how long it takes?

I dumped my last msc:s, this looks like can hit really hard to mastercoin price. When looking msc past development time. Here is coming so slowly project make mastercoin again working like orginally plan was that im not in anymore 

https://masterxchange.com/ or you buy directly using the decentralized exchange built into the wallets http://www.mastercoinwallets.org/

Is Mastercoin on any exchanges?

In case you have missed something about MSC and XCP situation on bitcoin blockchain, please read about last 15 page of Counterparty topic. I think we are mostly in same boat.

Mastercoin balances can be trusted. Our friend appears to have some complaints that some of our bitcoin outputs are (temporarily) unspendable, but I haven't seen any evidence of a way to get a Master Protocol client to display an incorrect balance.

You wonderful angry nerds are all asking the wrong questions.


The real issue at hand here between counterparty and mastercoin is who has the bigger Dick. 


Did all you counterparty people come over here to tell the mastercoin thread how big your dick is, or did you come over here to be a dick?

It's not the size that counts but how you use it. Lol



Mastercoin wants counterparty to succeed, and if you do make a cool feature, then we will steal borrow it.

Yeah I'm also corious of this when dacoinmaster wanted to sell for a total of $1.5M there were apperantly huge demand. And after that was over price just dropped because no one is buying?

In case some of you missed it:

http://www.youtube.com/watch?v=9nMUafL3cN4

Quote from: https://bitcointalksearch.org/topic/m.5795861


What does this mean? Is there now a possibility mastercoins bought from exchanges / users are not valid?