MasterCoin: New Protocol Layer Starting From “The Exodus Address”

[ripper234]

Ooh, I have one more announcement to make.

I'm very happy to say that I will be dedicating more time to the Mastercoin project.
I'm still not sure what role will I take yet (beyond being a board member of the Foundation) ... we'll see what fits naturally as time progresses.

I will be starting to manage my own Mastercoin-related tasks on this Trello board (it's still mostly empty). If anyone wishes to join me, you're welcome - just ask for an invite.

[StarenseN]

Ooh, I have one more announcement to make.

I'm very happy to say that I will be dedicating more time to the Mastercoin project.
I'm still not sure what role will I take yet (beyond being a board member of the Foundation) ... we'll see what fits naturally as time progresses.

I will be starting to manage my own Mastercoin-related tasks on this Trello board (it's still mostly empty). If anyone wishes to join me, you're welcome - just ask for an invite.

This is a great news, congrats ripper. The forming core team is full of brilliant people, one more with you on board.

[grazcoin]

I'm happy to announce that the Mastercoin Whitepaper is finally up on github (thanks prophetx for your help!). Pull requests are very welcome ... we have some work to do to standardize the excellent work done in the last few month and reflect it back into the spec, as well as start developing upcoming features in more detail.

That's great news!
No need to keep searching all over the forums.
A central place to discuss Mastercoin Improvement Proposals.

[dacoinminster]

Hey guys - Just a quick warning that I may be unresponsive for a couple days while I catch up on other responsibilities. Thanks!

[hmmmstrange]

I hear color coin is going to release their barely useable alpha of distributed exchange this week

Guys why the hostility towards coloured coins? This is not a competition. We are both trying to solve a problem, just in a different way. Let's be respectful to each other and each others work. 

Finally someone spelt them correctly.

[nanobit]

China is BitShares town. Goodluck

The population of China is some 1.3 billion and U.S. 0.3 billion. Could we similarly summarize USA with a blanket statement that it's Litecoin's town? Why bother trying do anything relating to Bitcoins over there.

[nanobit]

Hi all,

I just wanted to update you guys with the summary of the first board meeting of the Mastercoin Foundation.

Cheers,
Ron

There seem to be 8 people on the board. Would it be possible to add their Bitcointalk nicks somewhere, so people know who they are?

[ASIC-8Tile]

Please PM me if SOMEONE has extra Test Mastercoins they can spare...

[prophetx]

Hi all,

I just wanted to update you guys with the summary of the first board meeting of the Mastercoin Foundation.

Cheers,
Ron

There seem to be 8 people on the board. Would it be possible to add their Bitcointalk nicks somewhere, so people know who they are?

They are on the wiki which is getting cleaned up at the moment (got hit with a bunch of spam so we are reinstalling), more updates should be there next week

http://wiki.mastercoin.org/index.php/The_Mastercoin_Foundation

[Luckybit]

The MasterCoin specification gives an example about accepting a bet
"Once GoldCoins reach a value of 20 or the bet deadline passes, the bet winner gets 99.5% of the money"

But how is it decided (and enforced) who wins and who loses?
Is there something more concrete than discussion in this thread
https://bitcointalk.org/index.php?topic=265488.msg2895109#msg2895109
and
https://bitcointalk.org/index.php?topic=265488.msg3393152#msg3393152

Can it happen automatically (in this case, because GoldCoin in implemented in MasterCoin) without ProofOfAnything
and without having to trust someone?

The data feed decides who wins and who loses and it's independent from both betters.

[Luckybit]

Bitfunder.com is going to exclude US residents from trading on their platform. This could be the first step of shutting down their site (as seen with btct.co). This would cause a huge vacuum in the bitcoin stock world and would create an even greater opportunity for Mastercoin's smart property feature. I'm calling for a dedicated development team and / or dedicated smart property contest.

Your prophecy was correct.

[ripper234]

Hi all,

I just wanted to update you guys with the summary of the first board meeting of the Mastercoin Foundation.

Cheers,
Ron

There seem to be 8 people on the board. Would it be possible to add their Bitcointalk nicks somewhere, so people know who they are?

People can decide on their own Trello id/nick.
I invited the mastercoin board of directors to this board, I imagine most of them won't be active there for the time being.

[ripper234]

BTW, I have a small confession to make:

Up until now, I only ever did one mastercoin transfer, and when I did it I used Willett's old Mastercoin Advisor.

As I'm now diving back into the project, I was wondering if someone could write up a small summary of the different clients out there?

When I write "client" I mean "a piece of software of a web wallet that is currently capable of receiving and sending mastercoins". As far as I understand the two clients we link to from mastercoin.org שרק:

- Masterchest
- Mastercoin Explorer

These aren't really what I'd call clients at this point, more like helper tools similar in nature to the advisor. What is the status of the Ruby client? I will be testing out all these tools in more details when time allows. For now I opened the first issue on the Ruby Client - creating a Windows installer.

Is there active development effort and/or bounties currently directed at implementing such a client?

You know, a client that is actually usable by people who aren't hackers/coders, and might work on Windows (gasp) and have an simple exe or installer and not require someone to preinstall python/ruby/whatnot ... or alternatively a secure web wallet that allows you to create an account?

I think that creating such a client is one of our top priorities, and should come before implementing more advanced protocol features.

[Tachikoma]

Mastercoin-wallet might run on Windows, but the problem is that a lot of libraries are not really easily found on windows. Currently the problem is getting OpenSSL working via ruby bindings on Windows.

Please check out Zathras's wallet software. It is made on Windows for Windows

[ripper234]

Mastercoin-wallet might run on Windows, but the problem is that a lot of libraries are not really easily found on windows. Currently the problem is getting OpenSSL working via ruby bindings on Windows.

Please check out Zathras's wallet software. It is made on Windows for Windows

Link?

[Tachikoma]

I figured board members could find their way around the project  

You might want to ask him for a binary if you don't have any development tools.

[ripper234]

I figured board members could find their way around the project  

You might want to ask him for a binary if you don't have any development tools.

Well, I did admit to being a bit out of touch
It's going to chance now though... thanks.

Ugh, why VB and not C#

I'll check it out, as well as the Ruby wallet.

[Tachikoma]

Ruby wallet won't work until I fix the OpenSSL problems. I will ping you if I can manage that somehow. However since Zathras has an excellent Windows client I won't give this the highest priority.

[ripper234]

Ruby wallet won't work until I fix the OpenSSL problems. I will ping you if I can manage that somehow. However since Zathras has an excellent Windows client I won't give this the highest priority.

I'm installing an ubuntu VM ... and will test it out before you have a Windows port.

[Tachikoma]

Thanks

Edit: Actually managed to make it work, not sure if I can package this all but I will give it a go.