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Topic: [PAUSED] Giveaway for "MasterCoins" - the new protocol layer built on bitcoin - page 11. (Read 38049 times)

legendary
Activity: 1358
Merit: 1003
Ron Gross
Anyway, let's not hijack the donation thread.
I started a new thread where we can discuss this to our heart's content.
legendary
Activity: 1358
Merit: 1003
Ron Gross
Please stop!

You are creating enormous amounts of  nonredeemable UTXO.  This kind of usage undermines the scalability of Bitcoin because you are pushing data storage into the UTXO set and not merely into the transaction history. The UTXO set must be rapidly available for validation and can not be pruned unlike the rest of the blockchain.  Currently pruning yields 50:1 compression (and improving) of the space required to run a full node. The addition of never-redeemable outputs undermines that.


Do you believe that "Bitcoin" cares about how people use it?
Bitcoin scalability is a definite challenge. We should tackle that challenge as early as possible, instead of nicely asking people to only use it in specific ways.

Willet is open to discuss better, more efficient ways to encode Mastercoin transactions into the blockchain.

gmaxwell, do you belong to the school of thinking that categorizes SatoshiDice as spam?
legendary
Activity: 2408
Merit: 1121
Please stop!

You are creating enormous amounts of  nonredeemable UTXO.  This kind of usage undermines the scalability of Bitcoin because you are pushing data storage into the UTXO set and not merely into the transaction history. The UTXO set must be rapidly available for validation and can not be pruned unlike the rest of the blockchain.  Currently pruning yields 50:1 compression (and improving) of the space required to run a full node. The addition of never-redeemable outputs undermines that.


Dude, I fucking told these guys....

But no, it commences nonetheless....
staff
Activity: 4200
Merit: 8441
Please stop!

You are creating enormous amounts of  nonredeemable UTXO.  This kind of usage undermines the scalability of Bitcoin because you are pushing data storage into the UTXO set and not merely into the transaction history. The UTXO set must be rapidly available for validation and can not be pruned unlike the rest of the blockchain.  Currently pruning yields 50:1 compression (and improving) of the space required to run a full node. The addition of never-redeemable outputs undermines that.
newbie
Activity: 30
Merit: 0
i tweeted about it a while ago, if that counts!
https://twitter.com/vogueblackheart/status/363010300280184832
1Efx4hma49sLvJCCLFbSAvBB2yCuoh7Kmk
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
Next round of giveaways will be tomorrow at some point. I'll try to answer outstanding questions then too. If others want to chime in and try to answer people's questions, that would be sweet.

Today, I have other stuff I have to attend to.

Thanks for understanding!
legendary
Activity: 1498
Merit: 1000
I am waiting for Weedcoin to emerge - then I will be rich  Roll Eyes

Seriously, why MC is good for criminals? What is the property that will make it desirable? Anonymity?
hero member
Activity: 1068
Merit: 523
I'm convinced MasterCoin will be big!!

17QPQqf2W99ttqJsqqDN1HKAncVkcsCqBB

I posted a discussion thread with questions on the Ripple forum.
https://ripple.com/forum/viewtopic.php?f=1&t=3596

Do you think MasterCoin is a competitor to Ripple? Could you issue Ripple IOUs for MasterCoins, and the 'commodity coins' they can create?
newbie
Activity: 12
Merit: 0
Convinced 2 friends to invest.

17nnHLr8gKn6quWJo2orbkxgPj8Y9vcMZj
full member
Activity: 129
Merit: 100
[

Your project sounds very interesting!! There's a lot of crap around at the moment, but MasterCoins sound like a very inovative idea.

1HMGA2Jj2q4xV8uefkHEWa9sewmDcYxzj9

I'll do some more reading and then see what I can come up with.

You don't seem to have posted anything yet Smiley



Here is a post I made on the eMunie forum.
http://forum.emunie.com/threads/until-emunie-comes-out-what-are-you-mining.18/page-3

I've also changed my signature! Sorry for the delay!!!! Smiley
member
Activity: 78
Merit: 10
MasterCoin is so cool!!!

The more I read, the better it sounds.
hero member
Activity: 672
Merit: 500
dacoinminster, is buying some mastercoins a kind of promotional activity one can include in his/her post here?

I'm looking for promotions that reach new people who haven't heard about the project, so that probably wouldn't cut it. Sorry!
I asked it because I saw some people posting in this thread referring to their purchase as their act of promotion, I also guessed it is not a promotional act so I thought it best to ask you directly Smiley
legendary
Activity: 1806
Merit: 1024
This is a project worth supporting.

I'll be adding MasterCoin link to my signature and keep it for at least a month - probably longer.


1HrMBZwe3X1YTKcEKds3bSebHsfb5c3spn


ya.ya.yo!
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
dacoinminster, is buying some mastercoins a kind of promotional activity one can include in his/her post here?

I'm looking for promotions that reach new people who haven't heard about the project, so that probably wouldn't cut it. Sorry!
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
BTC: 182osbPxCo88oaSX4ReJwUr9uAcchmJVaL

* promotion on free webspace, which attracts search engine traffic, especially when looking for last week/24h:
http://pastebin.com/zKbBqJFQ
* Added link to signatue.

Good luck!

I love this quote from the pastebin:

Quote
* Until 1.9.2013 you can purchase MasterCoins by sending your bitcoins to the Exodus Address, which is: 1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P
* Join the giveaway thread:
https://bitcointalksearch.org/topic/m.3006275
* buy from me after 1.9.2013 for rate of 1 MasterCoin for 1 BTC or more ...

That's 100x return on investment. You are nearly as optimistic about this project as I am Smiley

Still, that pastebin is probably not going to reach very many people who don't already know about the project. I got your PM about other ways you'll be promoting, which I'll take into consideration. Thanks!
hero member
Activity: 672
Merit: 500
dacoinminster, is buying some mastercoins a kind of promotional activity one can include in his/her post here?
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
Note: aTriz send me screenshots of his IRC promotion, so I'll include him in the next round, using 1LjT88X7Zu8BdbqJw8vfRa83NJuzYL9kqm
legendary
Activity: 1498
Merit: 1000
Update for my Giveaway application:

Bought some (send to Exodus address BTC)

https://bitcointalksearch.org/topic/m.3018340

and updated my signature!  Grin

EDIT: Pinned the official launch thread in my FB group UbiCrypt (see sig)! This is a closed group with 88 members.
Also posted there the Coindesk article.
And tweeted (87 followers)!! https://twitter.com/kLee1977/status/372355952017567745
member
Activity: 78
Merit: 10
Yeah, MasterCoin looks really exciting!!

1Kk6eLpM3cpgC4NEzXLzjKvdndd8bPox6f


Started a thread with follow up responses to replies on a Ripple focused forum in their alt coin section.
https://xrptalk.org/topic/253-mastercoin-not-the-alt-coin-something-way-more-interesting/

Started a thread with follow up responses to replies on another Ripple focused forum:
http://opencoin.in/general-ripple-discussion/mastercoin-potential-rival-to-ripple/

Posted a comment on reddit:
http://www.reddit.com/r/mastercoin/comments/1lgrw1/mastercoin_new_protocol_on_top_of_bitcoin/

Changed my forum signature on this forum too. Will keep that now - I'm a MasterCoin convert!!


I've done a lot more reading on MasterCoin - I really wish you well!!!

And I really respect you saving your weekends to be with your family - your priorities are set correctly, so when you focus on MasterCoin my feeling is you will be very focused on that priority as well Smiley
legendary
Activity: 1358
Merit: 1003
Ron Gross
Thanks!

I saw some weird 0.00006 BTC tx and figured out they were MSC, but I hoped the Greesemonkey script would somehow parse them ... not saying that this was announced anywhere, just kind of hoped it would "just work" Smiley

You can actually prove that the transaction is what I claim using MasterCoin-Advisor python script (or executable). Just enter the currency type, amount, and your bitcoin address, and it should spit out the outputs you see in the transaction.

Silly me, I'm doing too many things at once ... I forgot that I already "complained" that the script doesn't yet parse them just a few days ago Smiley

Haven't had time to test the advisor yet, busy busy schedule.
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