Just wondering if Brock Pierce resigned or was removed from the mastercoin foundation board?
edit: JR, can you please confirm that Brock is not in possession of one of the 1000 btc foundation wallets?
By my calculation, there is a 28% chance (2 out of 7) Brock has over 1/3 of the foundation's remaining funds. We, as investors, deserve to get some answers.
Topic: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread - page 44. (Read 165316 times)
July 11, 2014, 04:18:54 PM
July 11, 2014, 03:20:26 PM
MASTERCHEST WALLET *FULLY* DEPRECATED
Since we’ve been adding new features to the Master Protocol and enabling these new features on the Bitcoin blockchain, Masterchest Wallet is now fully end-of-life and deprecated, and can no longer be used.
Users who wish to use a downloadable wallet will be able to use Master Core once it is released.
To continue using the addresses in your wallet and your Master Protocol tokens, please use the following instructions to export your private keys from Bitcoin Core for import into Omniwallet:
https://docs.google.com/document/d/1AJLyNFOTnHRPB435rsbLJqlMPIWp-QIsRWVrIPcKAmo
Since we’ve been adding new features to the Master Protocol and enabling these new features on the Bitcoin blockchain, Masterchest Wallet is now fully end-of-life and deprecated, and can no longer be used.
Users who wish to use a downloadable wallet will be able to use Master Core once it is released.
To continue using the addresses in your wallet and your Master Protocol tokens, please use the following instructions to export your private keys from Bitcoin Core for import into Omniwallet:
https://docs.google.com/document/d/1AJLyNFOTnHRPB435rsbLJqlMPIWp-QIsRWVrIPcKAmo
The website still has a link to the Masterchest windows wallet.
Do you mean the web version of this wallet? If so, the highlighted sentence above leaves doubt on whether the wallet you are able to download now is still good. July 09, 2014, 08:58:30 PM
How will the holders of Mastercoins, who funded the creation of Omniwallet, be compensated now that the project is for-profit?
Maybe mastercoin.org can "sell" Omniwallet to a new corp "omniwallet inc." for x amount (17,857 MSC = $250,000/14) MSC.
Omni wallet inc. can then raise funds using both btc and MSC. (Btc for liquidity and MSC to pay mastercoin.org)
July 09, 2014, 08:39:10 PM
I don' know enough about Mastercoin to how how this will work. Does the "issuer" (e.g., Realcoin, Inc/Ltd/???) have the ability to censor transactions, and/or reverse transactions?
If realcoins is issued using mastercoin smart property, the issuer can't censor or reverse a valid transaction.
July 09, 2014, 10:39:20 AM
I can't wait to see what happens when you pair a digital currency with the looming failure that is the US Dollar.
I don' know enough about Mastercoin to how how this will work. Does the "issuer" (e.g., Realcoin, Inc/Ltd/???) have the ability to censor transactions, and/or reverse transactions?
Only time they can censor is when they are issuing the realcoins for dollars or redeeming the realcoins for dollars. While they are in the wild, *no one can censor them.
*miners could censor realcoin transactions just like they theoretically can censor bitcoin transactions.
July 09, 2014, 09:39:40 AM
I can't wait to see what happens when you pair a digital currency with the looming failure that is the US Dollar.
I don't know enough about Mastercoin to know how this will work. Does the "issuer" (e.g., Realcoin, Inc/Ltd/???) have the ability to censor transactions, and/or reverse transactions?
July 09, 2014, 05:47:14 AM
"RealCoin" will be 'backed' by the US Dollar.
Hahahahahahahaha *deep breath* hahahahahahahahahaha!
Oh man, this is just too good. Please, continue, I can't wait to see what happens when you pair a digital currency with the looming failure that is the US Dollar.
Hahahahahahahaha *deep breath* hahahahahahahahahaha!
Oh man, this is just too good. Please, continue, I can't wait to see what happens when you pair a digital currency with the looming failure that is the US Dollar.
July 08, 2014, 08:05:40 PM
http://blogs.wsj.com/moneybeat/2014/07/08/dollar-backed-digital-currency-aims-to-fix-bitcoins-volatility-dilemma/
You sure realcoin is going to be issued on mastercoin?
You sure realcoin is going to be issued on mastercoin?
July 08, 2014, 07:22:34 PM
Why Mastercoin trade volume is so low? We get new centralized exchange and still 24 hour volume worth of $338. In coinmarketcap.com that is same level with Tickets what have higher trade volume. Still price is "+15.63 %" 
http://coinmarketcap.com/volume.html#msc
http://coinmarketcap.com/volume.html#mscSpeaking objectively, it is because the distribution is low and concentrated in MSC. Like with Bitcoin, the majority of those interested already invested what they were willing to invest in the past, and since bid support is currently low since it depends on growth and not much has happened in the past couple months, any increasing ask support will send it down like it has been. 'No news is good news', so they say, which I'll admit is not very encouraging.
However, as I understand it, MasterCore as a reference platform will help accelerate development into the other features and there still is $1.8M (3x more than what we first crowdfunded with) to leverage and grow with instead of just simply working under the paradigm of cutting costs. We're reoptimizing effort vs expected output wherever we can with an emphasis of expanding into the most conducive areas of value.
I am so disappointed with MSC team! Wasting hundreds BTC and nearly one years, you guys provide no wallet easy to use and commit suicide by manipulating the MSC price in the fundraising of MAIDSAFE.
It's time to change the record- I think we've heard this one before.........
Read the MSC blog- cool stuff is coming. Give it time.
You can change the record all you like, you just can't change the fact.
'Cool stuff coming'? What that silly eco project? Another guitarist trying to sell their future income as a stock offering? What is the latest ill conceived 'crowdfunding' effort coming to MP?
Even API Net which should have been an excellent crowd fund project got KILLED on Mastercoin because the platform now has a reputation slightly less than a serial child rapist who kills puppies in his free time. In view of that, Ron at MP has hired a guy to find a guy to hire, to fix the bad reputation. Since Johnstom hired Terpin as PR man, MasterProtocol has had one serious PR fuck-up after another. Spectacular mismanagement on the face of MP. I feel sorry for the guys actually doing their job and building something good. However zero interface and zero communication with the public has truly killed any change MP ever had. Now JR has a new baby to play with and 1.6 million in the bank - no need to waste time with MP any more.
If API Net was choose Counterparty platform for their crowd fund that was success sure. Now that looks like mastercoin killing all good ideas who try use their platform.. I dont see any reason why anyone want even use anymore MSC for crowd fund when there is working platform available which is only little confused and not yet really user friendly but mastercoin is not even that.
Also if we looking this bitcointalk topic and counterparty there have posted same time 96 page when here have same time 37. Looks like their community is much more active and devs pushing forward project 10times faster than mastercoin devs who only waste investors moneys..
July 08, 2014, 03:45:33 PM
How will the holders of Mastercoins, who funded the creation of Omniwallet, be compensated now that the project is for-profit?
July 08, 2014, 01:51:23 PM
Why Mastercoin trade volume is so low? We get new centralized exchange and still 24 hour volume worth of $338. In coinmarketcap.com that is same level with Tickets what have higher trade volume. Still price is "+15.63 %" http://coinmarketcap.com/volume.html#msc
http://coinmarketcap.com/volume.html#mscSpeaking objectively, it is because the distribution is low and concentrated in MSC. Like with Bitcoin, the majority of those interested already invested what they were willing to invest in the past, and since bid support is currently low since it depends on growth and not much has happened in the past couple months, any increasing ask support will send it down like it has been. 'No news is good news', so they say, which I'll admit is not very encouraging.
However, as I understand it, MasterCore as a reference platform will help accelerate development into the other features and there still is $1.8M (3x more than what we first crowdfunded with) to leverage and grow with instead of just simply working under the paradigm of cutting costs. We're reoptimizing effort vs expected output wherever we can with an emphasis of expanding into the most conducive areas of value.
I am so disappointed with MSC team! Wasting hundreds BTC and nearly one years, you guys provide no wallet easy to use and commit suicide by manipulating the MSC price in the fundraising of MAIDSAFE.
It's time to change the record- I think we've heard this one before.........
Read the MSC blog- cool stuff is coming. Give it time.
You can change the record all you like, you just can't change the fact.
'Cool stuff coming'? What that silly eco project? Another guitarist trying to sell their future income as a stock offering? What is the latest ill conceived 'crowdfunding' effort coming to MP?
Even API Net which should have been an excellent crowd fund project got KILLED on Mastercoin because the platform now has a reputation slightly less than a serial child rapist who kills puppies in his free time. In view of that, Ron at MP has hired a guy to find a guy to hire, to fix the bad reputation. Since Johnstom hired Terpin as PR man, MasterProtocol has had one serious PR fuck-up after another. Spectacular mismanagement on the face of MP. I feel sorry for the guys actually doing their job and building something good. However zero interface and zero communication with the public has truly killed any change MP ever had. Now JR has a new baby to play with and 1.6 million in the bank - no need to waste time with MP any more.
July 08, 2014, 01:03:28 PM
Why Mastercoin trade volume is so low? We get new centralized exchange and still 24 hour volume worth of $338. In coinmarketcap.com that is same level with Tickets what have higher trade volume. Still price is "+15.63 %" http://coinmarketcap.com/volume.html#msc
http://coinmarketcap.com/volume.html#mscSpeaking objectively, it is because the distribution is low and concentrated in MSC. Like with Bitcoin, the majority of those interested already invested what they were willing to invest in the past, and since bid support is currently low since it depends on growth and not much has happened in the past couple months, any increasing ask support will send it down like it has been. 'No news is good news', so they say, which I'll admit is not very encouraging.
However, as I understand it, MasterCore as a reference platform will help accelerate development into the other features and there still is $1.8M (3x more than what we first crowdfunded with) to leverage and grow with instead of just simply working under the paradigm of cutting costs. We're reoptimizing effort vs expected output wherever we can with an emphasis of expanding into the most conducive areas of value.
I am so disappointed with MSC team! Wasting hundreds BTC and nearly one years, you guys provide no wallet easy to use and commit suicide by manipulating the MSC price in the fundraising of MAIDSAFE.
It's time to change the record- I think we've heard this one before.........
Read the MSC blog- cool stuff is coming. Give it time.
July 08, 2014, 06:30:07 AM
http://blog.mastercoin.org/2014/07/08/omniwallet-is-recruiting-a-ceo/
Please read the post for more details and how to apply for the position.
Quote
TL;DR – We are recruiting a CEO for a new company – Omniwallet.co – which will be “the Blockchain.info of altcoins and appcoins”. Please review the interim business plan and the Omniwallet service and submit applications here (the standard $6000 referral reward does not apply here).
Please read the post for more details and how to apply for the position.
July 05, 2014, 04:58:29 PM
Why Mastercoin trade volume is so low? We get new centralized exchange and still 24 hour volume worth of $338. In coinmarketcap.com that is same level with Tickets what have higher trade volume. Still price is "+15.63 %" http://coinmarketcap.com/volume.html#msc
http://coinmarketcap.com/volume.html#mscSpeaking objectively, it is because the distribution is low and concentrated in MSC. Like with Bitcoin, the majority of those interested already invested what they were willing to invest in the past, and since bid support is currently low since it depends on growth and not much has happened in the past couple months, any increasing ask support will send it down like it has been. 'No news is good news', so they say, which I'll admit is not very encouraging.
However, as I understand it, MasterCore as a reference platform will help accelerate development into the other features and there still is $1.8M (3x more than what we first crowdfunded with) to leverage and grow with instead of just simply working under the paradigm of cutting costs. We're reoptimizing effort vs expected output wherever we can with an emphasis of expanding into the most conducive areas of value.
July 05, 2014, 02:00:47 PM
Why Mastercoin trade volume is so low? We get new centralized exchange and still 24 hour volume worth of $338. In coinmarketcap.com that is same level with Tickets what have higher trade volume. Still price is "+15.63 %" http://coinmarketcap.com/volume.html#msc
http://coinmarketcap.com/volume.html#msc July 05, 2014, 01:45:39 PM
A CRITICAL update (build 0040) has been posted for MasterChest Wallet v0.4a that addresses an edge-case to crowdsale parsing discovered during internal testing. No current user balances are affected, but this update is required for all users to stay in consensus as additional Smart Properties and crowdsales are issued.
Please update your wallet now by downloading the new version at:
https://masterchest.info/wallet.aspx
Please update your wallet now by downloading the new version at:
https://masterchest.info/wallet.aspx
Omniwallet is not affected?
I do not believe so? From what I learned the past few days, MasterCore and Mastercoin use mastercoin-tools as a reference, so I believe Masterchain and MasterChest have to update their use of mastercoin-tools when mastercoin-tools gets update.
Take this as a simple forum reply/musing until someone qualified can reclarify and/or correct me.
Omniwallet is not affected.
vokain you wrote the "MasterCore and Mastercoin use mastercoin-tools as a reference". Not sure what you mean by that exactly...
Omniwallet uses mastercoin-tools. MasterCore is a new reference implementation that will be released by the end of the month, and will replace mastercoin-tools as the reference implementation. By then, Omniwallet will switch to using MasterCore (this integration work is already in progress).
Both Masterchain and MasterChest are targeted for deprecation.
July 05, 2014, 11:37:38 AM
A CRITICAL update (build 0040) has been posted for MasterChest Wallet v0.4a that addresses an edge-case to crowdsale parsing discovered during internal testing. No current user balances are affected, but this update is required for all users to stay in consensus as additional Smart Properties and crowdsales are issued.
Please update your wallet now by downloading the new version at:
https://masterchest.info/wallet.aspx
Please update your wallet now by downloading the new version at:
https://masterchest.info/wallet.aspx
Omniwallet is not affected?
I do not believe so? From what I learned the past few days, MasterCore and Omni********* use mastercoin-tools as a reference, so I believe Masterchain and MasterChest have to update their use of mastercoin-tools when mastercoin-tools gets updated.
Take this as a simple forum reply/musing until someone qualified can reclarify and/or correct me.
July 05, 2014, 05:05:36 AM
A CRITICAL update (build 0040) has been posted for MasterChest Wallet v0.4a that addresses an edge-case to crowdsale parsing discovered during internal testing. No current user balances are affected, but this update is required for all users to stay in consensus as additional Smart Properties and crowdsales are issued.
Please update your wallet now by downloading the new version at:
https://masterchest.info/wallet.aspx
Please update your wallet now by downloading the new version at:
https://masterchest.info/wallet.aspx
Omniwallet is not affected?
July 04, 2014, 06:49:36 PM
A CRITICAL update (build 0040) has been posted for MasterChest Wallet v0.4a that addresses an edge-case to crowdsale parsing discovered during internal testing. No current user balances are affected, but this update is required for all users to stay in consensus as additional Smart Properties and crowdsales are issued.
Please update your wallet now by downloading the new version at:
https://masterchest.info/wallet.aspx
Please update your wallet now by downloading the new version at:
https://masterchest.info/wallet.aspx
July 03, 2014, 12:55:42 PM
MSC on poloniex:
https://poloniex.com/press-releases/2014.07.02-Mastercoin-Now-Available-for-Trading-on-Poloniex
https://poloniex.com/press-releases/2014.07.02-Mastercoin-Now-Available-for-Trading-on-Poloniex
Nice.
MasterCore is forked from Bitcoin Core. It should be easier now for other exchanges to add MSC.
but still! Poloniex decided to implement the soon-to-be deprecated mastercoin-tools despite MasterCore alpha being live and beta soon in August. I'm really impressed on their part
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