Technically, it is possible to sell MasterCoins right now, since it is possible to send them. It would be like selling litecoins for bitcoins, and you'd have to decide who sends first.

However, once the coins have been transferred a couple times, it gets harder and harder to keep track of them. Software to track MasterCoin transfers is the next major milestone. After that will come the distributed exchange, and you'll be able to sell MasterCoins without having to worry about trust or reputation.


Don't worry, you'll still be able to buy MasterCoins after September 1st, from people like our friend above. However, they could be more expensive!

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.

Done.

Anybody have opinions on what a basic website should cost these days?

I'd like to do "closed bounties" where we announce the bounty, take applications, then choose somebody to implement it. Open bounties (where everybody is doing the same work and the first one done wins) won't attract the best talent.

Right now, post #2 in this thread (https://bitcointalk.org/index.php?topic=265488.0) is kept updated with the current state of everything. I hope to continue updating it regularly.


This is what I'm currently using:
https://github.com/dacoinminster/MasterCoin-Adviser

I figured out how to add you as a "collaborator", but I don't know how to add you as admin . . .

I haven't looked into how to create a top-level github address for my project, but the one you found is not mine (probably it belongs to the alt coin).

I don't have feature-request tracking other than what you've started, and I'm happy to use those tools as long as they work for us.

You can do anything you want with those bitcoins, including buying more MasterCoins.

Your MasterCoins will stay at that address until you publish a message from that address transferring them. The message has to be in a very specific format, but it doesn't matter which bitcoins you use to send the message as long as the message comes from that address.

Watch out: if you do that, you may find yourself the recipient of some money from our project funds

Unrelated note: Anybody watching the Exodus Address probably saw a whole bunch of tiny transactions a few minutes ago; those were MasterCoin (and Test MasterCoin) sends as part of the giveaway thread: https://bitcointalk.org/index.php?topic=272577.msg3014323#msg3014323

Thanks!
0.5 Test MasterCoin: http://blockchain.info/tx/a2421fa6c90e253bcf6d2a3e7cb7740fbabb2bee51b5d07031ad1935b4990a19
0.5 MasterCoin: http://blockchain.info/tx/d10c50c7c12fe6cae4154610f38f1045ec08d10402c1b506bd9ec5fdf5f2f294
(Ignore this one, which I messed up by sending from the wrong address: http://blockchain.info/tx/1bce28bd47ae7622b16acf7736f18d4d83fd48eb7a61f796c08aeae1a8e3709c)


You don't seem to have posted anything yet


Could you maybe post those screenshots so I don't short-change you?


Great job!

1.5 Test MasterCoins: http://blockchain.info/tx/c0ec94d6154edfa1dc250237693b74cf282695bb08042dfa6f35d5c7dfae5890
1.5 MasterCoins: http://blockchain.info/tx/f993be9813e409ee1ce42b14c444af65b789350abe412fd2f8a289082b7b4870


Nobody noticed the first one, and it looks like the second one got deleted. Oh well; you tried.

1.0 Test MasterCoins: http://blockchain.info/tx/75a33ab549f1980b2a10bd8b5641e01094dcfeaf5a116a82bdd48a4bb3c5c02d
1.0 MasterCoins: http://blockchain.info/tx/cdfd4bbf985eefd5139cc23ce367b6a7a7fef0b2d3f1f72baf86ef3b37b61398


OK, I'm a dummy. I just found my reddit inbox with your message AND your invitation to become a moderator. I've subscribed to the RSS feed so hopefully I'll see PMs to my reddit account in the future!

2.0 Test MasterCoins: http://blockchain.info/tx/4452003746886e1517da78419f39a8403b5896567ceb94ba0851dc1411fa637e
2.0 MasterCoins: http://blockchain.info/tx/b91ebba6649df4ea6bc98d412238b8cecbfb75ce6f680ac8d37d15f1314f3c74


That forum does not seem to be widely used, my friend

I originally said to update the original post and send me a PM, but I think just posting again will probably be simpler. Either way works for me.

Using your 13qJCzNQUx7dFcixjq9Rab7wPgUCtYS48v address again:

0.5 Test MasterCoins: http://blockchain.info/tx/7d4eea4e30000701c730a06ba1212299a8b7be166202861f16eecb18086cb5bb
0.5 MasterCoins: http://blockchain.info/tx/012e60064d48dcf1757e69c0fcd5ef1c0fcaffe0b0ce0f953a25f13ea4bfeb25


ripper234 has been by far the biggest promoter of this project in numerous ways. He even made a whole presentation which he delivered at the Israeli bitcoin meetup, as linked above!

Consequently:

20.0 Test MasterCoins: http://blockchain.info/tx/c7447cf2a33617aed6ce7ff6778a6cc6107a66180f70c53639aaa5ee7db9a26a
20.0 MasterCoins: http://blockchain.info/tx/f17d988c49732a1bb9f3022a4bb9f08daa256f7ad0a56ff1d517f49f278a09e3

If anybody is trying to figure out what these funny-looking transactions mean, check out this detailed breakdown: https://bitcointalk.org/index.php?topic=265488.msg2940318#msg2940318

Looks like I'll have a bunch more to giveaway later this week, with all the people who posted the last couple days.

Thanks everybody!

As mentioned in the quote above, I'm also investing on behalf of my dad. This MasterCoin purchase for 4.418 BTC was made by me today on behalf of my dad: http://blockchain.info/tx/20e5b8b7b408a433fff1f39fbd4ae4b10de1cdf8b6dd9f31453e0fa14cac3f78

Again, probably nobody cares, but I just want to be transparent!

Also, thanks to whomever just sent in 50BTC! Are we perhaps picking up some steam in this last week of the fundraiser?

You can also send the ones you already bought to a new address, using the same code I am using to do the giveaway thread: https://bitcointalk.org/index.php?topic=265488.msg2919863#msg2919863

That post links to the python source code as well as a compiled executable

Somebody just sent 44.72135955 BTC to the Exodus Address!

That puts us over 1000BTC of investment from outside investors. Sweet . . .

I think maybe they were trying to purchase an even number of MasterCoins (script says: 4810.07060139 MasterCoins purchased).

If they actually managed to purchase an even number of MasterCoins, that would be pretty impressive, given that the bonus is calculated at 1-second granularity

Hmmm. I'm not sure how your private keys would be exposed. How could that happen? Are you thinking of developing web services which you are worried might get hacked?

I figured people wouldn't care about blowing up half a cent per transaction, but maybe I'm wrong. I'm not opposed to TestNet MasterCoins, although I am trying hard to restrain the scope of this project - maybe this would be another good thing to create a bounty for if lots of people want it.

Yeah, that looks fine. I was viewing the powerpoint presentation on an Android phone when I first saw it, and some of the images had text that read right-to-left, but I don't see that on my PC. It might have been a weird artifact of whatever Android app was interpreting the presentation.

I got this email this morning:


I haven't made plans to attend more conferences yet, but I think a good use of project funds might be to pay travel expenses to a couple conferences. I think most of you would agree? I'd be able to raise the profile of MasterCoin in the bitcoin community, which should positively impact the price of MasterCoins.

However, my wife doesn't much appreciate it when I run off and leave her with the children, so I'd probably only go to ones where I could bring my family with me, which would raise the cost and lower the number of conferences I could attend. We'll see if the oversight board even wants to pay for all that out of project funds. If they don't, or if there is more than a couple conferences a year which need MasterCoin representation, we'd probably need to designate someone else to go.

I know my family is a drag on this project - sorry guys :-/

I'm not seeing a hiccup - can someone post a screenshot?

Have you guys noticed that we've been getting a lot more investors lately? I'm pretty sure that is because of this coindesk article: http://www.coindesk.com/mastercoin-to-create-new-altcoins-in-bitcoins-block-chain/

The article does a really great job of presenting what the project is all about, and we seem to be getting a lot of new investors from it.

For convenience reading, here is the feature request:




Theoretically, MasterCoin parsing could be implemented entirely using greasemonkey. However, this would be extremely non-scalable. I've been trying to focus development efforts on scalable python/C++ code, but there is certainly room to do some Greasemonkey bounties if you guys would like to see that script become more capable.

Ron, I think you have earned considerable additional credit for receiving MasterCoins on the giveaway thread

The slides I looked at really threw me for a loop when some of the pictures had English words right-to-left instead of left-to-right - it took me a minute to figure out, but I assume this made sense to people who are used to reading Hebrew.

"Test MasterCoins" were created for this purpose - everybody gets the same number of MasterCoins and Test MasterCoins, and both run on top of the main bitcoin block chain. This simplifies development somewhat.

Hmmm. Good point. I've removed that line from the OP, and will NOT take reddit upvotes into consideration for the purposes of this giveaway.

Thanks for pointing that out to me. I can tell you are a kind person.

Next batch of sends will be Monday.

Keep in mind that this giveaway ends 8/31, and afterwards I will be distributing the remainder of the funds among those who posted here. Right now that's looking like a pretty large chunk of money for each of you, as the total giveaway is worth over $500, and I've given out maybe 2% of that.