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

[BitThink]

So who will take over the implementation of mastercoind?

[jeroenn13]

What is the status on this news from the weekly update last week:

"Further, support to decode Simple Sends, next to the support we already had for Fundraiser decoding balance is correctly calculated for both Fundraiser and Simple Send transactions.An alpha release is targeted around the 21st of February, with focus purely on a Simple Send read-only balance."

[ripper234]

So who will take over the implementation of mastercoind?

We have a very good development team and are actively hiring more people.
Nothing changes regarding the March 15 deadline for the DEx (mastercoind was not going to make that deadline anyway).

In fact, we have some thoughts about the continuation of mastercoind - we have seen that mastercoin-tools is a fully functional library that supports several good implementations, and it may be a great basis for the project going forward and make the Go based mastercoind much less urgent. It is now much more of "reference implementation" that mastercoind.

We may still sponsor/develop the continuation of a high performance Go based imlementation AKA mastercoind - but it's just not in our focus right now.

Hint: expect some cool releases next week for at least two mastercoin wallets. Mastercoin will finally start getting usable!

[vokain]

So who will take over the implementation of mastercoind?

...
In fact, we have some thoughts about the continuation of mastercoind - we have seen that mastercoin-tools is a fully functional library that supports several good implementations, and it may be a great basis for the project going forward and make the Go based mastercoind much less urgent. It is now much more of "reference implementation" that mastercoind.

We may still sponsor/develop the continuation of a high performance Go based imlementation AKA mastercoind - but it's just not in our focus right now.
...

so I guess the next question might be, will mastercoin-tools help new developers pick up and go like mastercoind was purportedly supposed to do? What will mastercoind do that mastercoin-tools can't, if anything?

[junsha]

1. Should Android wallet based on the GO stuff?

2. Will Tachikoma leave some design documents, I mean not only code, but things like use case, class diagram, sequence chart ,state machine... just like a real software engineering process.

This makes other engineer(s) easy to catch up.
And a good design makes easy to maintain and add new features.

[dacoinminster]

1. Should Android wallet based on the GO stuff?

2. Will Tachikoma leave some design documents, I mean not only code, but things like use case, class diagram, sequence chart ,state machine... just like a real software engineering process.

This makes other engineer(s) easy to catch up.
And a good design makes easy to maintain and add new features.

1. No. It should probably use the existing bitcoin wallet as a starting point

2. Yes, and he'll still be around for questions

[udecker]

Regarding using mastercoin-tools as your reference client, be aware that it is based deeply around libbitcoin/sx/obliesk. Currently, AFAIK these tools do not compile under Windows. There is some talk about it, but nothing has come out of that yet. Doing some work around that would probably be one of your first steps, along with an automated build system for all supported architectures. Maybe create a bounty or something similar to help move that along.

Beyond that, mastercoin-tools' method of data storage is error prone and may need some work (i.e. many .json files on the drive, instead of a database -- lacking ACID, data controls, etc). Plus, it calls out to sx and manually parses through the output of the command, which will be lacking performance-wise (i.e. rapid process instantiation/takedown) and command output string parsing is normally pretty fragile by nature.

Past that, it may work... not sure of the API...haven't taken a good look there.

Care to lend a hand? 

[rbdrbd]

Regarding using mastercoin-tools as your reference client, be aware that it is based deeply around libbitcoin/sx/obliesk. Currently, AFAIK these tools do not compile under Windows. There is some talk about it, but nothing has come out of that yet. Doing some work around that would probably be one of your first steps, along with an automated build system for all supported architectures. Maybe create a bounty or something similar to help move that along.

Beyond that, mastercoin-tools' method of data storage is error prone and may need some work (i.e. many .json files on the drive, instead of a database -- lacking ACID, data controls, etc). Plus, it calls out to sx and manually parses through the output of the command, which will be lacking performance-wise (i.e. rapid process instantiation/takedown) and command output string parsing is normally pretty fragile by nature.

Past that, it may work... not sure of the API...haven't taken a good look there.

Care to lend a hand? 

Hah, actually, you got to my post before I could delete it. Dang.

And actually, the reason I deleted it on second thought is because based on my earlier experiences with a mastercoin reference client (as well as initially putting the idea out there), I didn't want to kick off anything else or get involved in any degree... nor do I have the time. However, honestly I just wanted to throw in a few pointers that may help your team out.  Just some technical considerations to be aware of, as you consider potential reference clients. Best of luck!

[udecker]

Regarding using mastercoin-tools as your reference client, be aware that it is based deeply around libbitcoin/sx/obliesk. Currently, AFAIK these tools do not compile under Windows. There is some talk about it, but nothing has come out of that yet. Doing some work around that would probably be one of your first steps, along with an automated build system for all supported architectures. Maybe create a bounty or something similar to help move that along.

Beyond that, mastercoin-tools' method of data storage is error prone and may need some work (i.e. many .json files on the drive, instead of a database -- lacking ACID, data controls, etc). Plus, it calls out to sx and manually parses through the output of the command, which will be lacking performance-wise (i.e. rapid process instantiation/takedown) and command output string parsing is normally pretty fragile by nature.

Past that, it may work... not sure of the API...haven't taken a good look there.

Care to lend a hand? 

Hah, actually, you got to my post before I could delete it. Dang.

And actually, the reason I deleted it on second thought is because based on my earlier experiences with a mastercoin reference client (as well as initially putting the idea out there), I didn't want to kick off anything else or get involved in any degree... nor do I have the time. However, honestly I just wanted to throw in a few pointers that may help your team out.  Just some technical considerations to be aware of, as you consider potential reference clients. Best of luck!

I’m glad I captured it. 

Honestly, development progress is coming along quite nicely, and several teams are already in testing of their work.  I’m quite impressed with what I’m seeing. 

The items you described above (and that I quickly captured, because good comments need to stick around) are some conceptual elements that are being discussed and addressed, as we speak.  Not saying we’ve solved them, but they’re on deck.

Please don’t hesitate to offer pointers, or to get more heavily involved.  The more masterminds the better.

The most recent dev update has been prepared and posted by Ryan :
http://blog.mastercoin.org/2014/02/22/development-update-7-wallets-and-smart-naming/

In it, you’ll see lots of updates on where we are, what we’re doing, and where we’re headed. 

Anyone wanna come along?

Craig

[udecker]

I was wondering about what will happen to the test mastercoins...
will they be deleted when the protocol is working? Otherwise,
 it could be that they become valuable as well.

Selnu, TMSC are not deleted. 

TMSC are used to test new features on the Master Protocol, and TMSC do not have value.  They are only active for new features until a certain block number is designated for release, at which point MSC become active to use with those features.

TMSC having any value would undermine its' purpose, and any TMSC used for testing new features should be returned to the location from where they were obtained, including faucets, to keep them recyclable for new features in the future.

[StarenseN]

The most recent dev update has been prepared and posted by Ryan :
http://blog.mastercoin.org/2014/02/22/development-update-7-wallets-and-smart-naming/

In it, you’ll see lots of updates on where we are, what we’re doing, and where we’re headed. 

Anyone wanna come along?

Craig

Good to see (promising) updates. I liked the concept of “Proof of Sacrifice”, great idea to filter assets spams.

Can't wait to be around mid-march

[ripper234]

1. Should Android wallet based on the GO stuff?

1. No. It should probably use the existing bitcoin wallet as a starting point

Well ... a pure Android wallet wouldn't be written in either Python or Go, but rather in Java.
A wallet that relies on the server can use whatever server tech for backend including mastercoin-tools.

[editor499]

Please don’t hesitate to offer pointers, or to get more heavily involved.  The more masterminds the better.

The most recent dev update has been prepared and posted by Ryan :
http://blog.mastercoin.org/2014/02/22/development-update-7-wallets-and-smart-naming/

In it, you’ll see lots of updates on where we are, what we’re doing, and where we’re headed. 

Anyone wanna come along?

Craig

wow, thanks for sharing 

[zathras]

Hey guys,

Quick x-post to say I'll be releasing the first proper alpha of my wallet for testing later tonight.

You guys whom have done Class A sends manually via the advisor script would be great first testers

https://bitcointalk.org/index.php?topic=484025.0

Thanks
Zathras

[littleblue]

Hey guys,

Quick x-post to say I'll be releasing the first proper alpha of my wallet for testing later tonight.

You guys whom have done Class A sends manually via the advisor script would be great first testers

https://bitcointalk.org/index.php?topic=484025.0

Thanks
Zathras

great job！
buy msc！
 

[hill]

Hey guys,

Quick x-post to say I'll be releasing the first proper alpha of my wallet for testing later tonight.

You guys whom have done Class A sends manually via the advisor script would be great first testers

https://bitcointalk.org/index.php?topic=484025.0

Thanks
Zathras

NICE!

[520Bit]

Keep moving, I can't wait to see how MSC will go to the moon.

[bitwhizz]

Amazing, well done, testing it asap

[qznc]

Nice job, way to go!

[littleblue]

any good news about wallet？