[ANN] - The Real MasterCoin Protocol 1.0 was just launched

[ripper234]

For those who are not aware, MasterCoin is not just an alt that was recently released, it is actually the name for a much deeper project created more than a year ago by dacoinminster. The name chosen by the recent alt is unfortunate.

The original MasterCoin is not really an alt, but rather another coin embedded within Bitcoin. I advise you all to read up on it, it's fascinating. Investment in creating/bootstrapping MasterCoin is open from today until the end of August, after which the number of MasterCoins will be set. No, there is no code or binaries yet, the bootstrapping BTC will be used to fund the project.

[datguyian]

So just to clarify, this is different from this mastercoin? https://bitcointalk.org/index.php?topic=242406.0

EDIT: Ok, yeah, looks completely different after reading his OP again. It does sound interesting...

[TheSwede75]

'old' Mastercoin was just a crappy alt. The new project is completely different and developed by a really well respected developer.

[ripper234]

'old' Mastercoin was just a crappy alt. The new project is completely different and developed by a really well respected developer.

The 'old' MasterCoin is actually the new MasterCoin ... just a bit underdeveloped. The crappy alt is just some random alt the usurped the name.

[Hydroponica]

'old' Mastercoin was just a crappy alt. The new project is completely different and developed by a really well respected developer.

The 'old' MasterCoin is actually the new MasterCoin ... just a bit underdeveloped. The crappy alt is just some random alt the usurped the name.

Hey, I have an idea. Go fuck yourself. The name MasterCoin, didn't belong to anyone at the time. Still doesn't.

[Hydroponica]

Read it. So, I send you 1 Bitcoin, you send me 100 MasterCoins, and maybe, they will be worth something some day? Are you people on glue?

[TheSwede75]

Read it. So, I send you 1 Bitcoin, you send me 100 MasterCoins, and maybe, they will be worth something some day? Are you people on glue?

Like any of your joke coins will be around or worth anything in a few months? I'd rather support development of something new then dress of the same useless crap code in a new logo and ship a new shitcoin every few weeks.

[shakezula]

Any protocols that build on the BTC blockchain will long outlast any of the foocoin clones.

[lishbtc]

This looks interesting - already raised almost a quarter million (2000+ BTC) and I think he's staking $100K+ of his own money too...  Some interesting concepts in the paper...

[Magic8Ball]

Looks very interesting. Will be following this closely.

[lishbtc]

There is a giveaway thread too for anyone interested...

[lishbtc]

Just a quick heads up, only a week left to get in on the issue of Mastercoins (before end of August)

[claycoins]

interesting concept, I hope he can pull it off.