MasterCoin: New Protocol Layer Starting From “The Exodus Address” - page 68.

bitwhizz

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Quote from: ?? on ??

Quote from: bitwhizz on November 17, 2013, 05:12:22 PM

people... stop spamming this thread, only say productive things please,

Dacoinminister, we havn't heard a reply from you about lukes patch, what's your take on this matter?

/\experienced stock market investors stop asking questions !~only MSC pump posts please!LMFAO Cheesy

welcome to my ignore list

Edit, when i said 'people', infact its just haighst , now he's on ignore, this thread looks alot more decluttered

bitwhizz

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people... stop spamming this thread, only say productive things please,

Dacoinminister, we havn't heard a reply from you about lukes patch, what's your take on this matter?

haightst

newbie

Activity: 42

Merit: 0

Quote from: ripper234 on November 17, 2013, 03:26:42 PM

Quote from: bitwhizz on November 17, 2013, 02:52:32 PM

Ripper, how will lukes patch affect plans of the mastercoin protocol, iss it something to be worried about?, are their contingency plans?, what are they? this is the only area which i am unclear of

Good question. How is his thread coming along?
We need someone qualified with mining / mining pool dynamics to comment here.

Quote from: zbx on November 17, 2013, 03:12:42 PM

False. The blockchain is only a specific backend infrastructure. If and when that infrastructure no longer suits our purposes, we'll migrate.

Quote

Then what is Mastercoin?

Mastercoin is an endeavor to accelerate and encourage human innovation.

Yeah, I know how that sounds.

I'll try to give you guys more details as soon as I manage to get some free time.
I invite you all to our upcoming Meetup/Webinar on Thursday - I will be speaking about Mastercoin in the Israeli Mastercoin Foundation's first official meetup.

MSC is an attempt to put a freestyle stock market onto the bitcoin blockchain..keep it simple bro Cool

ripper234

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Ron Gross

Quote from: bitwhizz on November 17, 2013, 02:52:32 PM

Ripper, how will lukes patch affect plans of the mastercoin protocol, iss it something to be worried about?, are their contingency plans?, what are they? this is the only area which i am unclear of

Good question. How is his thread coming along?
We need someone qualified with mining / mining pool dynamics to comment here.

Quote from: zbx on November 17, 2013, 03:12:42 PM

False. The blockchain is only a specific backend infrastructure. If and when that infrastructure no longer suits our purposes, we'll migrate.

Quote

Then what is Mastercoin?

Mastercoin is an endeavor to accelerate and encourage human innovation.

Yeah, I know how that sounds.

I'll try to give you guys more details as soon as I manage to get some free time.
I invite you all to our upcoming Meetup/Webinar on Thursday - I will be speaking about Mastercoin in the Israeli Mastercoin Foundation's first official meetup.

killerstorm

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Activity: 1022

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Quote from: ?? on ??

weeeeee? sounds purty centralized ta me! Roll Eyes

This isn't a researcher. This is an asshole who tries to improve his accounts' status by posting many half-inane messages. Basically, his messages are related to topic in question, but are generally meaningless.

It's easy to recognize his posting style.

zbx

member

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Quote from: ripper234 on November 17, 2013, 02:50:30 PM

Quote from: zbx on November 17, 2013, 06:42:48 AM

Mastercoin that is not built directly on top of Bitcoin is not Mastercoin. The Mastercoin protocol was not build on top of the Bitcoin blockchain only to leverage its proof-of-work.

False. The blockchain is only a specific backend infrastructure. If and when that infrastructure no longer suits our purposes, we'll migrate.

Then what is Mastercoin?

bitwhizz

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Ripper, how will lukes patch affect plans of the mastercoin protocol, iss it something to be worried about?, are their contingency plans?, what are they? this is the only area which i am unclear of

ripper234

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Ron Gross

Quote from: haightst on November 16, 2013, 11:13:57 AM

====>Researcher here!

*per* >>

http://fc14.ifca.ai/bitcoin/cfp.html

" Paper submissions must be anonymous "

...so umm how do I prove that I wrote that one? =)

>>is that @$1000 cash or in BTC?~tia!!~ Cool

You're a researcher, figure it out

We'll pay via BTC or MSC.

Quote from: zbx on November 17, 2013, 06:42:48 AM

Mastercoin that is not built directly on top of Bitcoin is not Mastercoin. The Mastercoin protocol was not build on top of the Bitcoin blockchain only to leverage its proof-of-work.

False. The blockchain is only a specific backend infrastructure. If and when that infrastructure no longer suits our purposes, we'll migrate.

vokain

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Quote from: FTWbitcoinFTW on November 17, 2013, 09:30:20 AM

With the actual rate, Exodus has $2M on bounty to push Mastercoin on stage.

Indeed, it's a very good news and maybe we should think bigger !

don't worry, you shall see in the coming weeks, there are certainly developments on that particular front that we shall soon see the fruits of our labor of.

But the best way to accomplish putting Mastercoin on stage is by building the "product" we say we'll have first.

FTWbitcoinFTW

sr. member

Activity: 476

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With the actual rate, Exodus has $2M on bounty to push Mastercoin on stage.

Indeed, it's a very good news and maybe we should think bigger !

vokain

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Quote from: BitThink on November 17, 2013, 07:28:59 AM

The problem now is if Luke's patch is applied in all big pools, Mastercoin will be DoA. Only one MSC transaction is allowed in 10 minutes in that case. MSC relies on BTC, but BTC community seems care nothing about MSC. In that thread, nobody even mentioned MSC except me.

First they ignore you...

Tachikoma

hero member

Activity: 938

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For anybody who is looking to buy some coins and/or want's to help test my wallet and the distributed exchange and who is not afraid of command line installations on OSX or Ubuntu. I just posted an distributed exchange message for 10 MSC @ 0.2 a coin. X-post from my development thread.

BitThink

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The problem now is if Luke's patch is applied in all big pools, Mastercoin will be DoA. Only one MSC transaction is allowed in 10 minutes in that case. MSC relies on BTC, but BTC community seems care nothing about MSC. In that thread, nobody even mentioned MSC except me.

zbx

member

Activity: 64

Merit: 10

Mastercoin that is not built directly on top of Bitcoin is not Mastercoin. The Mastercoin protocol was not build on top of the Bitcoin blockchain only to leverage its proof-of-work.

haightst

newbie

Activity: 42

Merit: 0

Quote from: bitwhizz on November 17, 2013, 06:22:53 AM

Quote from: murraypaul on November 17, 2013, 04:52:29 AM

Quote from: BitThink on November 15, 2013, 02:37:28 AM

It's better to begin setting a MSC mining pool now. MSC transactions will be given the highest priority and each miner believes in MSC can join this pool instead.

Or do what should have been done right from the start, and run Mastercoin as a real alt-coin rather than piggy-backing on Bitcoin.

worst idea ever

MSC = lets' create unsecured "securities" lmao! Grin

killerstorm

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Quote from: bitwhizz on November 17, 2013, 06:22:53 AM

Quote from: murraypaul on November 17, 2013, 04:52:29 AM

Or do what should have been done right from the start, and run Mastercoin as a real alt-coin rather than piggy-backing on Bitcoin.

worst idea ever

FYI it is possible to use 'side-chain' approach: Mastercoin will be as secure as Bitcoin and would be able to benefit from Bitcoin integration (i.e. Bitcoin <-> Mastercoin distributed exchange), but won't require space in Bitcoin blockchain.

More info here: https://bitcointalksearch.org/topic/merged-mining-vs-side-chains-another-kind-of-merged-mining-313347

bitwhizz

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Quote from: murraypaul on November 17, 2013, 04:52:29 AM

Quote from: BitThink on November 15, 2013, 02:37:28 AM

It's better to begin setting a MSC mining pool now. MSC transactions will be given the highest priority and each miner believes in MSC can join this pool instead.

Or do what should have been done right from the start, and run Mastercoin as a real alt-coin rather than piggy-backing on Bitcoin.

worst idea ever

haightst

newbie

Activity: 42

Merit: 0

Quote from: prophetx on November 17, 2013, 04:35:45 AM

Quote from: haightst on November 16, 2013, 11:13:57 AM

Quote from: ripper234 on November 15, 2013, 11:59:23 PM

Are there any researches among us?

I am putting up a $1000 bounty for writing what may be the first peer-reviewed Mastercoin paper. Details:

Quote

http://fc14.ifca.ai/bitcoin/cfp.html

The first person or team to get a paper accepted into the Financial Crypto 14 conference, receives the bounty.

FYI the workshop is sponsored by The Bitcoin Foundation.

====>Researcher here!

*per* >>

http://fc14.ifca.ai/bitcoin/cfp.html

" Paper submissions must be anonymous "

...so umm how do I prove that I wrote that one? =)

>>is that @$1000 cash or in BTC?~tia!!~ Cool

when they are published they are not anon, this is simply for peer review.

also note that you must be able to follow the Lecture Notes in Comp Sci format for the submission and basically submit it in Latex format.

found it , i'm reviewing this format now! *many thanks

murraypaul

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Quote from: BitThink on November 15, 2013, 02:37:28 AM

It's better to begin setting a MSC mining pool now. MSC transactions will be given the highest priority and each miner believes in MSC can join this pool instead.

Or do what should have been done right from the start, and run Mastercoin as a real alt-coin rather than piggy-backing on Bitcoin.

prophetx

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he who has the gold makes the rules

Quote from: hl5460 on November 16, 2013, 08:27:24 PM

Quote

Asicminer has already developed an OSE system that relies on a centralized server to parse the transaction data that represents certain information. If MSC is BTC 2.0, this OSE system of Asicminer could be like BTC 1.5.

Detailed introduction of the OSE system(in chinese):
http://bitell.sinaapp.com/show.php?tid=679

I have contacted Rockxie on adopting MSC for Asicminer. But it seems that they would like try out their stuff first.

interesting.

i thought they were going to branch something off from CC. this is disappointing that it is a centralized server, only a matter of time until some group takes advantage of this...

Topic: MasterCoin: New Protocol Layer Starting From “The Exodus Address” - page 68. (Read 448462 times)