Pages:
Author

Topic: MasterCoin: New Protocol Layer Starting From “The Exodus Address” - page 5. (Read 448462 times)

legendary
Activity: 1106
Merit: 1026
What about a bounty to find the first asset listed in MSC ?

Broadcasting an asset create transaction (or any other one that is not yet "official") is something that can be handcrafted within minutes. The blueprint is there.

Introducing new features into the wild is still more time consuming - and I think we should figure out why in greater detail. This begins by finalizing the specification and ends with a broad implementation on all wallets and transaction explorers to maintain consensus. It's all about not rushing things which may lead to race conditions, altered states (= balances) and minimizing further changes to the transaction type in a short timeframe right after, to name a few reasons.
hero member
Activity: 647
Merit: 510
Counterpartying
to close the gap - does anyone has a clue why both xcp and msc are so little demanded? too early? no pumping possible? I do not know exactly for msc but xcp is also traded in bulks outside exchanges, but comparing the amount traded per day is for both extremely low

or is it simply the market structure with all coins already in existence?

As of now the required functionality to support higher demand is not there. When it's easier to get utility out of the coins, the volume that they are trading with will increase.
sr. member
Activity: 294
Merit: 250
Counter wallet is super slick, no denying that, and bug issues arn't an issue with the counter party dev team, they are fast

Unless these are hard to solve core issues. It's one thing to patch small cosmetic bugs and whole other thing to address core issues.

Herp. You are very biased and it shows.

The wish should be for BOTH projects to succeed. the space is large the need is great and both team are doing a good job in a short period of time. There should be mutual support and even help.

The projects, awareness to them and therefore penetration are not even in "diapers", it is still the first triamester. the potential market cap is in the trillions for crypto and both these projects are a speculative 40M combines. That's 0.004%.

Relax. there is no real competition here.

Especially these 2 projects are establishing the BTC abilities and penetration which give both a greater chance at success than NXT or other new networks.  

I was just stating clear facts. CP has no money, no funding, no presence at conventions and 2 anonymous devs. I know some of you people bought into their IPO, trying to get same deal easly MSC investors got (I was not early investor btw).

You are right about no real competition going on. CP is not a real competitor. This will become very obvious soon enough when dozens of Mastercoin smart contracts are going to pop up, which have already been paid for by the way, not just pipe dreams. Only exciting smart app CP has is LTBCoin, which I'm not even sure will stay with them or stay exclusively with them. Adam B said he'll consider moving it to other platforms.
full member
Activity: 210
Merit: 100
Counter wallet is super slick, no denying that, and bug issues arn't an issue with the counter party dev team, they are fast

Unless these are hard to solve core issues. It's one thing to patch small cosmetic bugs and whole other thing to address core issues.

Herp. You are very biased and it shows.

The wish should be for BOTH projects to succeed. the space is large the need is great and both team are doing a good job in a short period of time. There should be mutual support and even help.

The projects, awareness to them and therefore penetration are not even in "diapers", it is still the first triamester. the potential market cap is in the trillions for crypto and both these projects are a speculative 40M combines. That's 0.004%.

Relax. there is no real competition here.

Especially these 2 projects are establishing the BTC abilities and penetration which give both a greater chance at success than NXT or other new networks.   
hero member
Activity: 742
Merit: 500
to close the gap - does anyone has a clue why both xcp and msc are so little demanded? too early? no pumping possible? I do not know exactly for msc but xcp is also traded in bulks outside exchanges, but comparing the amount traded per day is for both extremely low

or is it simply the market structure with all coins already in existence?
newbie
Activity: 58
Merit: 0
Counter wallet is super slick, no denying that, and bug issues arn't an issue with the counter party dev team, they are fast

Unless these are hard to solve core issues. It's one thing to patch small cosmetic bugs and whole other thing to address core issues.

Mastercoin dont have this problems because nothing ready yet Cheesy How much mastercoin was when you buy in?

http://thelins.se/learnqt/wp-content/uploads/mainwindow-empty-300x212.png         http://mastercoin.files.wordpress.com/2014/03/istock_000021618161small.jpg?w=300&h=200               http://coachingcommons.org/wp-content/uploads/2010/12/RIP-347-x-300-289x250.jpg
sr. member
Activity: 294
Merit: 250
Counter wallet is super slick, no denying that, and bug issues arn't an issue with the counter party dev team, they are fast

Unless these are hard to solve core issues. It's one thing to patch small cosmetic bugs and whole other thing to address core issues.
legendary
Activity: 910
Merit: 1000
Counter wallet is super slick, no denying that, and bug issues arn't an issue with the counter party dev team, they are fast
legendary
Activity: 1008
Merit: 1000
After this answer can you tell us what all is better in XCP than in Mastercoin? If we look now, today, not "after 6month more development".

Nothing, except that Herp invested  a lot in MSC and nothing in XCP.

Herp's analysis is backed by Herp's rating agency, so of course its true Roll Eyes

I have both XCP and MSC and follow both the threads here. XCP thread has got its own Herp named halfcab, though he has mellowed down a lot recently.
newbie
Activity: 58
Merit: 0
I personally have zero BTC invested in Mastercoin, and several BTC invested in Counterparty. I'm not rich by any mention of the word, from what I've seen Counterparty appears to be ahead specifically where it counts, but I have nothing against Mastercoin. Who knows maybe I'm wrong. Have you seen the screenshots of the Counterparty Web Wallet ? Good God, it looks like it was crafted by someone with some serious skills. I've seen a few complaints about the usability of the Mastercoin web wallet. I would invest in Mastercoin at least a little, but the price seems high to get decent ROI; however I assume that would be moot point if the meat of Mastercoin plans come to fruition.

You're confused. Complaints you've seen were about the off-line wallets like Masterchest and this online wallet https://masterchain.info/ People (myself included) were complaining about these two for not being user friendly enough.

However, you're praising Counterparty for their web wallet that no one got their hands on, screenshot only, while Mastercoin has a user friendly wallet called Omniwallet in alpha stage https://test.omniwallet.org/ which you can already try out.

Well, I just tried out https://testnet.counterwallet.co/ and https://test.omniwallet.org/ , counterwallet won this round hands down - ui is slick, feeling like a complete product ready to launch next week, has chat, private keys are deterministically seeded like electrum, while I could not even create my wallet on omniwallet,


Yeah, I've just checked the counterp thread report thread on your forum. Seems this wallet is a disaster. Everyone's getting a ton of errors. It's not functional by a long shot. Useless at this stage.

Better error than nothing. There is now million dollars worth of community working to find bugs and devs coding like crazy monkeys for fix that all.
sr. member
Activity: 476
Merit: 250
What about a bounty to find the first asset listed in MSC ?
sr. member
Activity: 294
Merit: 250
I personally have zero BTC invested in Mastercoin, and several BTC invested in Counterparty. I'm not rich by any mention of the word, from what I've seen Counterparty appears to be ahead specifically where it counts, but I have nothing against Mastercoin. Who knows maybe I'm wrong. Have you seen the screenshots of the Counterparty Web Wallet ? Good God, it looks like it was crafted by someone with some serious skills. I've seen a few complaints about the usability of the Mastercoin web wallet. I would invest in Mastercoin at least a little, but the price seems high to get decent ROI; however I assume that would be moot point if the meat of Mastercoin plans come to fruition.

You're confused. Complaints you've seen were about the off-line wallets like Masterchest and this online wallet https://masterchain.info/ People (myself included) were complaining about these two for not being user friendly enough.

However, you're praising Counterparty for their web wallet that no one got their hands on, screenshot only, while Mastercoin has a user friendly wallet called Omniwallet in alpha stage https://test.omniwallet.org/ which you can already try out.

Well, I just tried out https://testnet.counterwallet.co/ and https://test.omniwallet.org/ , counterwallet won this round hands down - ui is slick, feeling like a complete product ready to launch next week, has chat, private keys are deterministically seeded like electrum, while I could not even create my wallet on omniwallet,


Yeah, I've just checked the counterp thread report thread on your forum. Seems this wallet is a disaster. Everyone's getting a ton of errors. It's not functional by a long shot. Useless at this stage. Like:

Quote
I went to the DEX and tried to buy about 3x the amount of actual test coins I had (balance now shows 5x) and got this error

failoverAPI: Call failed (failed over across all servers). Method: transmit; Last error: JSON-RPC Error:[/size]Type: Server error[/color]
[/size]Code: -32000[/color]
[/size]Message: {'message': 'TX rejected', 'code': -22}[/color]
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
I personally have zero BTC invested in Mastercoin, and several BTC invested in Counterparty. I'm not rich by any mention of the word, from what I've seen Counterparty appears to be ahead specifically where it counts, but I have nothing against Mastercoin. Who knows maybe I'm wrong. Have you seen the screenshots of the Counterparty Web Wallet ? Good God, it looks like it was crafted by someone with some serious skills. I've seen a few complaints about the usability of the Mastercoin web wallet. I would invest in Mastercoin at least a little, but the price seems high to get decent ROI; however I assume that would be moot point if the meat of Mastercoin plans come to fruition.

You're confused. Complaints you've seen were about the off-line wallets like Masterchest and this online wallet https://masterchain.info/ People (myself included) were complaining about these two for not being user friendly enough.

However, you're praising Counterparty for their web wallet that no one got their hands on, screenshot only, while Mastercoin has a user friendly wallet called Omniwallet in alpha stage https://test.omniwallet.org/ which you can already try out.

Well, I just tried out https://testnet.counterwallet.co/ and https://test.omniwallet.org/ , counterwallet won this round hands down - ui is slick, feeling like a complete product ready to launch next week, has chat, private keys are deterministically seeded like electrum, while I could not even create my wallet on omniwallet,
legendary
Activity: 910
Merit: 1000
Well to be honest, your not being fair here,
Your forgetting mastercoin has got a large  funding it can use for development for a long time aswell as for PR and ADvertisement
Mastercoin has a face to the public, not unknown devs
Mastercoin is probably a safer bet, and sometimes slow and steady wins the race,

There is no reason why they can't co exist in a trillion dollar space, i hope both are succesful

Mastercoin do need to start making quicker progress, i can agree with you there

newbie
Activity: 58
Merit: 0


Quote
The founders of the project prefer to stay anonymous. Any financial support is provided via donations. General idea of the Counterparty is built on the most strong and important basics of Bitcoin evolving them further. It is not a company to gain profit or receive investments.


http://coachingcommons.org/wp-content/uploads/2010/12/RIP-347-x-300.jpg




After this answer can you tell us what all is better in XCP than in Mastercoin? If we look now, today, not "after 6month more development".
sr. member
Activity: 294
Merit: 250
...

Quote
The founders of the project prefer to stay anonymous. Any financial support is provided via donations. General idea of the Counterparty is built on the most strong and important basics of Bitcoin evolving them further. It is not a company to gain profit or receive investments.


newbie
Activity: 58
Merit: 0
newbie
Activity: 58
Merit: 0
@ Mastercoin

Price is tanking,

Investors need confidence

Please try aspire confidence of this project, in any way possible

Countdown/ revealing secret progress/ who knows,

Sooner than later

Thanks

The obvious advantages Mastercoin has are not clearly presented in a digestible format. The list of upcoming Dex is really impressive and will make Mastercoin the best 2.0 to be on. Most investors are not really aware. You have to skim the blog entries and piece a lot of information together to make sense of that.

The main .org website doesn't say any of this, in a clear cut sort of way. I'd say a new consolidated website is in order. One they have for the moment is still based on the pre-release stuff with some new additions but it doesn't present people the full picture.

This makes Mastercoin a very undervalued coin because for many people the presentation is important. Mastercoin suffers in this area.         The package sells the product, as they say.

Main website needs to be much more appealing. Now it looks like an academic website rather than one meant for actually living, breathing everyday users. Highest focal point of website should be smart property. When people click that they are sent to a mastercoin wiki page. Dedicated sections like white paper and such should be removed. No one cares about "whitepapers" and even knows wtf that is except some radical geeks which is not target audience. Keep stuff like "whitepaper" in consolidated wikis where casual users don't get to see this dorky pimpled face ugliness plastered all over the place. Mastercoin needs to be more like Apple and less like Microsoft in its presentation. At the moment looks more like NASA, so it's not even close to Microsoft.

If you have good cash reserve, which Counterparty and others don't have, make full use of it and don't use some crappy basement dweller web designer that does it cheap. Get some good talent to design the website, preferably someone with artistic inclinations with proven track record. You want polished and effective website that draws people in, not some geeky made crappy website like Counterparty has for example that looks like Github. Just commission a kick-ass website to blow the others out of the water. This should boost Mastercoin valuation like crazy and bring it closer to its real value.

This makes Mastercoin a very undervalued coin because for many people the presentation is important. Mastercoin suffers in this area.         The package sells the product, as they say.

This week best joke. "Undervalued mastercoin"  Grin



Just like NXT, XCP and so many other altcoin communities, you became too greedy too fast.

XCP is only what have many orginal owners and really fair launch. There no have 5 "herb guys" who "know" right price and sell alpha stage shit with high price. Also XCP is only which ANN tread this read "this is alpha stage if you invest you can lose all" but still XCP is more ready than any other  Cheesy



sr. member
Activity: 294
Merit: 250
@ http://blog.mastercoin.org/2014/01/12/a-note-about-the-price-of-msc/

Not sure this type of defensive attitude is constructive. I get short term and long term and most of the people who posted here didn't buy into MSC hoping they'll get something for nothing overnight (myself included).

Having an inviting, inclusive web presence is not short term thinking, by the contrary. You can't build a community around ultra geeky techy stuff, that only a very limited and narrow audience understands and gets. You want to be inclusive, rather than exclusive. Sure, you can have some exclusivist ultra geeky development, that's all over the place, or you can have a spark, an appealing image and something that manages to capture the crowd. It's right to say NXT doesn't have much substance, but if you check their forums you'll see they do have a community MSC doesn't have because of the noninclusive approach. You may find yourself pretty lonely down the road and that's not a place where you want to be. Do you want to be the lonely geek with hugely undervalued project that gets bought out for peanuts or do you want to be one who puts Next, Counterparty and others out of business?

Why do you think Mastercoin forum isn't that populated? It's because you've pushed this geeky centered message and very little focus on promotion and community building. Community means support, means spreading a positive message, means people there that will stand by you. It means a lot of things. It also means voluntarism, dedication and very often offers to work for free, not to mention people who would buy into the project, helping it grow organically. This should be of paramount importance for you especially due to the nature of the smart contract system. You want a strong community there to help build these contracts. That will be the make or break for Mastercoin eventually, the ability to create an ecosystem of smart apps that will outmatch the competition. Yes, I know Mastercoin will have best suite of smart app lineup but think of what a stronger community involvement could achieve.

You may think perception is not important. You are so wrong. Perception is everything in life. Esse est percipi. No one sees things how they really are, but how they appear to be.

Since you've brought up Google as an example of long term focus, of a company who didn't get "distracted by share price"; Google would have failed miserably had the 2 founders called the shots early on, instead of hiring Erich Schmidt which was also helped by VCs. Contrary to public perception, Google cared a lot about share price, regardless of what spin you may have heard. Those who don't care about share price end up being bought for pennies on the dollar, very often below book value. Take someone like Warren Buffett who may say he doesn't care about stock prices and wants long term focus but he'll go out of his way to promote the crap out of his portofolio every chance he gets. He's one of the best promoters I've seen to date. He even managed to transform the annual Berkshire annual letter into some kinda` Woodstock event with lots of media circus. Of course, very often hypocrisy is the name of game and taking these guys' words at face value is big mistake. You have to look at what they do, not what they say.

Also, when it comes to "decentralized jobs" as MSC put it, MSC price matters because it's not same thing if MSC price is at 0.1 or at 0.01 or 1 BTC. Many MSC bounties would be totally unappealing and worthless if MSC price were to be low. This substantially impacts development speed and effectiveness.
legendary
Activity: 1358
Merit: 1003
Ron Gross
Hello everyone!

So much stuff is happening, sadly I don't have time to frequent the forums more (thanks for everyone who is bridging the gap via Facebook and other means!)

Please see this post on mastercointalk (you're welcome to use it more, we're seeing a great pickup in traffic there).

Quoting here:

Quote
Hello everyone!

We have been testing out a cool virtual office platform called Sococo (thanks Marv for suggesting and pushing that!)

Here is the link to my private office. You are always welcome to stop by, say hello, and chat about Mastercoin! I don't promise I'll always have time, but you can schedule something via meetme.so/RonGross.

We're just starting to use this platform and are still learning the ropes. I think we may want to publicly share some of our meetings, and invite people to join in as listeners. FYI the recurring meetings we have are Daily Standup Meetings, Weekly Dev Meetings, Weekly All Hands Meetings, and we're starting to do Weekly Planning Meetings as well.

We'll post updates about this as we go along - in the meantime, come visit me on Sooco!
Pages:
Jump to: