Author

Topic: Mastercoin/Safecoin 0.000055 Transactions (Read 714 times)

newbie
Activity: 1
Merit: 0
April 26, 2014, 09:45:09 AM
#3
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.
legendary
Activity: 1260
Merit: 1001
I just got the same transaction, what is that?

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.
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.
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