Topic: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread - page 13. (Read 165237 times)

That sucks mishax.  It is odd that BTER suddenly has trading again.  Something big approaching?

I've got a question..   what community are you talking about ? 

The Decentralized Exchange, phase II (token exchange) has been live on testnet for several months.  The past two months' development related to the DEx have been devoted to cleaning up the math (with increased precision), cleaning up the math (perfecting the matching engine), testing, and cleaning up the math.  Decentralized exchanges aren't easy.  And it works.  A release is tentatively expected within the next 6-8 weeks, with approximately a month's worth of blocks until the live blockheight (to allow integrators time to integrate).


The development direction of Omni comes from two sources: really good ideas, and what integrators are asking for.  We've been compiling a list of the "what if's" and the "wouldn't it be nice if's."

Some examples of the "wouldn't it be nice if's":
1. We'd like to be able to select which assets my address can receive.
2. We'd like to tag which addresses can receive our asset.
3. We'd like better pending transaction support.
4. We'd like a send-all function.
5. We'd like a crowdsale function that works with bitcoins.
6. We'd like to change attributes of our asset.

Some examples of the "what if's":
1. What if an asset could carry a unique identifier, per token?
2. What if we could "tag" addresses that we trusted?
3. What if we could pass partially signed transactions as payload within an OP_RETURN?
4. What if you could send a message along with your send?  What if it were encrypted?

And the list goes on.  

However, there's a real world need on the other side of house as well:
1. We need something that can make transactions in Java (OmniJ)
2. We need RPC calls to pull unspent transactions for multisig addresses
3. We need RPC calls to output raw transactions to be signed
4. We need a mobile-friendly web wallet to hold our assets
5. We need APIs to poll information about assets


The result of the election was that the four open seats were filled, by myself, Antony Vo, David Gilman and Patrick Dugan.  

I'll chime in with the rest of them on this thread: http://www.reddit.com/r/omni/comments/36d60w/board_elections/


Caring about Omni and shouting it from the hilltops are two different things.

David Johnston did not stand for re-election during the recent board election due to his focus on Factom.  He is still a mastercoin holder as well as an Omni advocate and technologist, and we consider him a good friend.  He is not actively involved in the development of Omni.

Judith is extremely active on social media on behalf of Omni and a number of innovative projects.  I am on phone calls with her almost daily with integrators as they progress through their projects and new integrators looking to get started.  She is the engine behind basically all Omni communication with partners.  

The energy you see for projects that use Omni for their assets (MaidSafe, Synereo, La'Zooz, Tether, etc.), is in many ways because we think they're extremely good ideas, in addition to using Omni as their platform of choice.  

Less visible are the deep integrations.  Projects such as Factom, Tether and others spur additional third-party development (hardware based transactions, mobile-to-mobile applications, etc), some of which are in stealth mode.


You need to watch the repos: https://github.com/OmniLayer
Most DEx RPC calls were completed (many were still stubs a week ago), STO functionality was revamped, and we got good news from one of the deep integrators.

The four members you mention were the ones present at the weekly all-hands that added something to the agenda document.  Not present (nor tracked) are the integration developers who are working on their projects that use Omni.  


Personally, I feel like I'm still building something. :-) But I think your definition of "finishing" includes the following things delivered by the Omni technologists in the past two years, of who I am extremely proud:

1. The idea: JR.
2. The first crowdsale, ever: David, Ron, BitAngels, Mastercoin
3. The original parsers: Maran, Jeff, Zathras, Grazcoin, Grimetz, Bitoy
4. The original block explorers: http://masterchest.info
5. The original web wallet: https://masterchain.info
6. The original desktop wallet: https://bitcointalk.org/index.php?topic=484025.0;all
7. The first decentralized exchange, ever: Zathras, Grazcoin, Bitoy, Curtis
8. The first decentralized crowdsale, ever: http://maidsafe.net
9. The first mastercoin exchange: https://masterxchange.com
10. The flagship web-wallet reference client: https://omniwallet.org
10. The addition of asset extensibility (used by Tether, Synereo, La'Zooz)
11. The addition of asset proportional distribution "Send-to-Owners" (used by La'Zooz)
12. The release of OmniJ (Sean's amazing work being used by several outside projects)
13. The release of OmniSharp (Shannon's library for .NET and web developers)
14. The release of Omni Wallet Desktop for Windows: http://blog.omni.foundation/2015/03/09/official-release-omni-wallet-desktop-for-windows/
15. All of the integrations across many many blockchain companies (see the list on http://omnilayer.org)


At least one developer works full time on Omni (possibly two - both are anonymous and I have no idea if the other one actually ever sleeps).  Judith lives in Israel but is on phone calls with me at hours where she should've been asleep for 4 hours, so I'm assuming she's full-time as well. :-)

The rest of us are working on projects that relate to, or rely upon Omni.  Contributions that go into Omni come from a variety of sources (GoCoin provided the ruby code to parse incoming pending transactions, for example, in use by ShapeShift.io and others, Leverage Holdings provided test code for automating DEx transactions, etc).

Omni is an open-source project that many of us believe in - to create a free and fair financial system based upon the rules of math, where creative developers and entrepreneurs can leverage these tools and create applications never before conceived.  We do it because we know what it can do.


All of the funds from the Mastercoin crowdsale were invested in the development, and have been spent, as of December of 2014.  A small amount remains to keep the domains renewed and the servers running.  Companies currently sponsor development on Omni either with funds, or with resources.  We've found that resources are as good as funds.  People are building on it because they know what it can do, too.

Thanks for the awesome questions!

Craig

HI Folks,

Wondering if someone in the Mastercoin world can help me.

I have a 10 MSC that I acquired a year or so ago, the old fashioned way with original command line software thingie.

I have my MSC listed on the masterchain.info site through my BTC address.

Do I need to convert them over to another place? Is there an official exchange where I can now sell the MSC for BTC?

Sorry to be out of the loop, its been a while.  ://

Thanks!!

Hollings

*When is the windows version of MasterCore coming? There was a similar countdown like the one with the DEx, when I and perhaps other thought it would be something we could really use. Only to find out that it's only for LINUX users.