The rebranding of mastercoin, and result of nearly a mil on code is pretty interesting.
Look, here's the deal with all the tough love. I always felt jr had alot of class in the way he responded to critics. Hell look at peter todds initial reactions a year ago, they were pretty tough. One of the claims/ questions at the beginning of this project was what happens to MSC if someone copies it. The answer was we have the networking effect, plus will adapt or take any new tech that we need in order to stay on top. So everyone, please forgive me for trying to hold their feet to the fire.
Keep holding our feet to the fire. We welcome it.
You ask about the advantages?
1. Master Core / Omni Core is a drop-in replacement for Bitcoin Core, which is why we have more integrators using it (such as Bitfinex, GoCoin and Expresscoin for Tether).
2. Master Core / Omni Core, written in C++, parses the blockchain in 10 minutes (others, written in python, take over a day - ask exchanges why that’s important)
3. We have never had to turn off or rollback any features/transactions due to faults (or for any other issue).
4. Assets issued on the Master / Omni Protocol are valued higher than all assets on other technologies combined.
5. Master / Omni protocol does not charge native-token fees for core functionality.
6. 10+ person team working on many aspects of development (protocol, core, UI, web, database, dev ops, integration, QA/testing, etc).
This past year was laying the foundation - the initial investment was used for this purpose. A few bold and innovative projects leveraged the protocol during this period. Next year, the wide spread of back-end integrations and new issuers and sponsors will begin to show just how good the platform is. Moving from the Mastercoin Foundation to Omni, giving the foundation and technology to the community, and showing off what a few million dollars worth of development can do is what next year is all about.
Happy New Years, everyone. Keep watching.
Craig
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