Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: DGulari on November 29, 2013, 11:58:26 PM



Title: 'Mastercoin is a joke'
Post by: DGulari on November 29, 2013, 11:58:26 PM
What the fuck is wrong with those guys at Colored coin?  Is their project failing so badly that they need to sling mud into our project?  Wow - I didn't expect that.  They must be hurting.


Title: Re: 'Mastercoin is a joke'
Post by: tacotime on November 30, 2013, 12:02:48 AM
It's not a joke.  It's making my transactions take longer and cost more, which is frankly irritating.


Title: Re: 'Mastercoin is a joke'
Post by: BitcoinEXpress on November 30, 2013, 12:03:23 AM


Which Master coin?

Hint: They both were a joke.


~BCX~


Title: Re: 'Mastercoin is a joke'
Post by: DGulari on November 30, 2013, 12:26:41 AM
It's not a joke.  It's making my transactions take longer and cost more, which is frankly irritating.
Every bitcoin transaction makes your transaction take longer and cost more.  The blockchain is not perfect.  Those clever guys at the foundation are going to figure out a solution real soon.  bitcoin had this identical problem long before JR Willet showed up with Mastercoin.  Visa does 20,000 transactions per minute - bitcoin does only 7 / second.  The blockchain was never going to support heavy action anyway.  They will find a nice solution in the next year or two. 


Title: Re: 'Mastercoin is a joke'
Post by: eternaluniverse on November 30, 2013, 12:33:02 AM
Instead of waiting for bitcoin to fix a problem that isnt even a problem for a few years, lets make an alt coin!