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

[yufu571]

Recently, a user did the following MSC tx:

Qty: 30 MSC   
MSC Receiving: 1Mp1Wy6g5F8STm67LvvmGNTJpSdhuTufL2
MSC sending: 1K7ebt2PamR7Q7qD75v7HMj5EmSPWrmcLQ

Bitcoin tx:
https://blockchain.info/tx/80a087558fa95e105dcde0935c1994906d2a1b16e34ca70aecf12e3c04d10c70

Result:

The transaction showed up in MyMastercoin.com
http://mymastercoins.com/default.aspx?XID=4713 with a tx id of
80a087558fa95e105dcde0935c1994906d2a1b16e34ca70aecf12e3c04d10c70
but both Mastercoin-explorer.com and Masterchest.info could not find this transaction id.

Balance of MSC receiving address 1Mp1Wy6g5F8STm67LvvmGNTJpSdhuTufL2 showed that the 30MSC has not been credited at Mastercoin-explorer
http://mastercoin-explorer.com/addresses/1Mp1Wy6g5F8STm67LvvmGNTJpSdhuTufL2
and also at Masterchest.info
https://masterchest.info/lookupadd.aspx?address=1Mp1Wy6g5F8STm67LvvmGNTJpSdhuTufL2

Please advise what could be the problem.

Thanks

same question here:
https://blockchain.info/zh-cn/tx/cc4dce59fd4d6975f3d61e069eb8419ec6c4cb8dbc0c9cccdfb9cd4b25888576
the 20.4 MSC is not displayed at Masterchest.info：
https://masterchest.info/lookupadd.aspx?address=1JUMcAgaPKgyV7pF6HeqqWVoQKWgUKoNVg
but the trade displayed at: http://mymastercoins.com/default.aspx?XID=4715
what is the problem？

[BitThink]

I have the similar question too.
http://mymastercoins.com/default.aspx?XID=4720

This transaction is in neither mastercoin-explorer nor masterchest.

[Tachikoma]

Mastercoin-explorer is lagging behind because of a piece of recursive validation code I added. I think I must have a loop somewhere because I found the code eating up 7GB of ram and still validating transactions this morning. Looking into it now  

[Bitoy]

I have the similar question too.
http://mymastercoins.com/default.aspx?XID=4720

This transaction is in neither mastercoin-explorer nor masterchest.

If the transaction has at least 1 confirmation. It will appear in mymastercoins.com.

[Bitoy]

Recently, a user did the following MSC tx:

Qty: 30 MSC   
MSC Receiving: 1Mp1Wy6g5F8STm67LvvmGNTJpSdhuTufL2
MSC sending: 1K7ebt2PamR7Q7qD75v7HMj5EmSPWrmcLQ

Bitcoin tx:
https://blockchain.info/tx/80a087558fa95e105dcde0935c1994906d2a1b16e34ca70aecf12e3c04d10c70

Result:

The transaction showed up in MyMastercoin.com
http://mymastercoins.com/default.aspx?XID=4713 with a tx id of
80a087558fa95e105dcde0935c1994906d2a1b16e34ca70aecf12e3c04d10c70
but both Mastercoin-explorer.com and Masterchest.info could not find this transaction id.

Transaction is valid.
http://mymastercoins.com/default.aspx?addr=1Mp1Wy6g5F8STm67LvvmGNTJpSdhuTufL2
http://mymastercoins.com/default.aspx?addr=1K7ebt2PamR7Q7qD75v7HMj5EmSPWrmcLQ

[dacoinminster]

By the way, is there any further word on the 'share buyback' proposal?  If it has been cancelled, I'd like to adopt one position.  If it is forthcoming, I'd like to adopt another position.  If it is still being debated, I'd like to adopt another.  Part of 'full disclosure' is mentioning the state of this proposal.  Can we have a word on this please?

It is on hold for now. I still want to do it though. We'll probably be debating it for a long time, but I'll wear the opposition down eventually

[klee]

By the way, is there any further word on the 'share buyback' proposal?  If it has been cancelled, I'd like to adopt one position.  If it is forthcoming, I'd like to adopt another position.  If it is still being debated, I'd like to adopt another.  Part of 'full disclosure' is mentioning the state of this proposal.  Can we have a word on this please?

It is on hold for now. I still want to do it though. We'll probably be debating it for a long time, but I'll wear the opposition down eventually

I have my catapult ready to bring down their walls!

[dacoinminster]

Notice of proposed expenditure ($900 worth of BTC to yuval):

On Sun, Dec 8, 2013 at 10:37 PM, yuval wrote:

    Payment address:
    19stRngXs2m1LZf48ievFTEyrUwSjwqGKf

    I understand. Keep up the fantastic work guys.

    On Mon, Dec 9, 2013 at 6:22 AM, Ron  wrote:

        J.R - Yuval did about 30 hours of work for us, on various tasks including website design, business cards, blog templates changes, conference calls etc.
        Yuval - please send J.R a payment address for receiving $900 (in BTC).
        J.R - please include Yuval in the next payment batch.

All project expenditures are publicly tracked here: https://docs.google.com/spreadsheet/ccc?key=0AtCyUJvk_IyNdGpVcnpBN2tOczFmbVRnck5TWjZuRFE&usp=sharing#gid=0

[zathras]

Mastercoin-explorer is lagging behind because of a piece of recursive validation code I added. I think I must have a loop somewhere because I found the code eating up 7GB of ram and still validating transactions this morning. Looking into it now  

How is that for timing?  Hehe.  Masterchest.info scanning engine is offline, should have it back up in a couple of hours.

Thanks!

EDIT:  All back online & up to date now, apologies for the delay in displaying new transactions.

[prophetx]

The Mastercoin Faucet is now live and there is a bunch of Mastercoin to give out.

Go here and follow the instructions:

http://mastercoin-faucet.com/

Or if you are feeling generous to help your fellow, you may also insert this code into your signature:

Code:

[size=14pt][url=http://mastercoin-faucet.com/][glow=purple,12][color=yellow]Mastercoin Faucet - Give Away [/color][/glow] [/url][/size]

Big UP to dexX7 for completing the bounty

help upvote this if you are on reddit

http://www.reddit.com/r/Bitcoin/comments/1sll2o/use_your_reddit_karma_points_and_bitcoin_address/

[Vigil]

How many MCs were given for every BTC donated to the Exodus address?

[BitThink]

How many MCs were given for every BTC donated to the Exodus address?

100

[Vigil]

How many MCs were given for every BTC donated to the Exodus address?

100

One more question... how do I get a MC wallet, or do I need one?

[BitThink]

How many MCs were given for every BTC donated to the Exodus address?

100

One more question... how do I get a MC wallet, or do I need one?

MC wallet is just a bitcoin wallet completely controlled by yourself (not something like the address in the exchange), but it's better to use a client you can specify the sending address.

For example, if you have address A, B, and C in a wallet and A address have some MSC in it. When you want to send someone MSC, you have to send a small amount of BTC from A, and not all clients allow you to specify A as the sending address.

[Vigil]

How many MCs were given for every BTC donated to the Exodus address?

100

One more question... how do I get a MC wallet, or do I need one?

MC wallet is just a bitcoin wallet completely controlled by yourself (not something like the address in the exchange), but it's better to use a client you can specify the sending address.

OK. I sent my MCs to a bitcoin address but it just says that they are bitcoins. How is anyone supposed to tell the difference between MC and bitcoins if they aren't distinguished?

[BitThink]

How many MCs were given for every BTC donated to the Exodus address?

100

One more question... how do I get a MC wallet, or do I need one?

MC wallet is just a bitcoin wallet completely controlled by yourself (not something like the address in the exchange), but it's better to use a client you can specify the sending address.

OK. I sent my MCs to a bitcoin address but it just says that they are bitcoins. How is anyone supposed to tell the difference between MC and bitcoins if they aren't distinguished?

You can check your MSC balance with http://mymastercoins.com/,   http://mastercoin-explorer.com/, and http://masterchest.info

To a normal BTC client, what you received are just a very small amount of BTC, but according to the MSC protocol, you received certain amount of MSC and the amount was encoded in the blockchain and has nothing to do with the amount of BTC you received. That small number of BTC is just there to satisfy the anti-dust requirement.

[Vigil]

How many MCs were given for every BTC donated to the Exodus address?

100

One more question... how do I get a MC wallet, or do I need one?

MC wallet is just a bitcoin wallet completely controlled by yourself (not something like the address in the exchange), but it's better to use a client you can specify the sending address.

OK. I sent my MCs to a bitcoin address but it just says that they are bitcoins. How is anyone supposed to tell the difference between MC and bitcoins if they aren't distinguished?

You can check your MSC balance with http://mymastercoins.com/,   http://mastercoin-explorer.com/, and http://masterchest.info

To a normal BTC client, what you received are just a very small amount of BTC, but according to the MSC protocol, you received certain amount of MSC and the amount was encoded in the blockchain and has nothing to do with the amount of BTC you received. That small number of BTC is just there to satisfy the anti-dust requirement.

OK, I think I get it. The MCs are basically piggy-backed on that negligible amount of BTC to my address and the BC...

[BitThink]

How many MCs were given for every BTC donated to the Exodus address?

100

One more question... how do I get a MC wallet, or do I need one?

MC wallet is just a bitcoin wallet completely controlled by yourself (not something like the address in the exchange), but it's better to use a client you can specify the sending address.

OK. I sent my MCs to a bitcoin address but it just says that they are bitcoins. How is anyone supposed to tell the difference between MC and bitcoins if they aren't distinguished?

You can check your MSC balance with http://mymastercoins.com/,   http://mastercoin-explorer.com/, and http://masterchest.info

To a normal BTC client, what you received are just a very small amount of BTC, but according to the MSC protocol, you received certain amount of MSC and the amount was encoded in the blockchain and has nothing to do with the amount of BTC you received. That small number of BTC is just there to satisfy the anti-dust requirement.

OK, I think I get it. The MCs are basically piggy-backed on that negligible amount of BTC to my address and the BC...

If you look at the transaction detail, you will find it is a send-to-many transactions. One transaction to The Exodus Address to indicate it's a MSC transaction, one transaction to your address to indicate the recipient, and a transaction to another address and that address is made up to include the amount and other informations.

[addzz]

the faucet works great!

I tried it out yesterday and the process was easy to use and understand.

[W2014]

At Bitcoin conference, two 'gurus' draw a crowd

http://www.usatoday.com/story/tech/2013/12/11/the-bitcoin-world-has-its-own-brand-of-gurus/3987573/

Mastercoin Foundation, Bitshares and ColoredCoins Form Self-Regulatory Organization to Ensure Continued Free Operation of New Bitcoin Applications and Protocols

http://sg.finance.yahoo.com/news/mastercoin-foundation-bitshares-coloredcoins-form-160000194.html