Mastercoin/Safecoin 0.000055 Transactions

Fraser999

newbie

Activity: 1

Merit: 0

The 0.000055 BTC transaction contains info about your MaidSafeCoin transaction (also called SPT or Smart Property Token). I believe it exists just to get that info stamped onto bitcoin's blockchain.

It's safe to carry on spending your bitcoin as normal. Here's a quote from one of the mastercoin guys (MSC is mastercoin, not MaidSafeCoin by the way):

Quote

Your MSC and SPT balances stay with an address, and not with any particular BTC that also live on the address. You can safely move the two independently.

traderman

legendary

Activity: 1260

Merit: 1001

I just got the same transaction, what is that?

Quote from: /dev/null on April 25, 2014, 01:37:31 PM

Anyone care to explain me about these transaction and how their system works?

Lets say If i bought some safecoins and got them as 0.000055 tx on a address where I have around 5 btc.
Can i send my bitcoin transactions normally? If yes what will happen if that 0.000055 tx will be included as input in my bitcoin transaction.

in short: what will happen to my safecoins If I will send that 0.000055 transaction along with my other bitcoins.

/dev/null

sr. member

Activity: 308

Merit: 250

Anyone care to explain me about these transaction and how their system works?

Lets say If i bought some safecoins and got them as 0.000055 tx on a address where I have around 5 btc.
Can i send my bitcoin transactions normally? If yes what will happen if that 0.000055 tx will be included as input in my bitcoin transaction.

in short: what will happen to my safecoins If I will send that 0.000055 transaction along with my other bitcoins.

Topic: Mastercoin/Safecoin 0.000055 Transactions (Read 717 times)