[PAUSED] Giveaway for "MasterCoins" - the new protocol layer built on bitcoin

[klee]

I am waiting for Weedcoin to emerge - then I will be rich 

Seriously, why MC is good for criminals? What is the property that will make it desirable? Anonymity?

[dacoinminster]

Next round of giveaways will be tomorrow at some point. I'll try to answer outstanding questions then too. If others want to chime in and try to answer people's questions, that would be sweet.

Today, I have other stuff I have to attend to.

Thanks for understanding!

[VogueBlackheart]

i tweeted about it a while ago, if that counts!
https://twitter.com/vogueblackheart/status/363010300280184832
1Efx4hma49sLvJCCLFbSAvBB2yCuoh7Kmk

[gmaxwell]

Please stop!

You are creating enormous amounts of  nonredeemable UTXO.  This kind of usage undermines the scalability of Bitcoin because you are pushing data storage into the UTXO set and not merely into the transaction history. The UTXO set must be rapidly available for validation and can not be pruned unlike the rest of the blockchain.  Currently pruning yields 50:1 compression (and improving) of the space required to run a full node. The addition of never-redeemable outputs undermines that.

[TraderTimm]

Please stop!

You are creating enormous amounts of  nonredeemable UTXO.  This kind of usage undermines the scalability of Bitcoin because you are pushing data storage into the UTXO set and not merely into the transaction history. The UTXO set must be rapidly available for validation and can not be pruned unlike the rest of the blockchain.  Currently pruning yields 50:1 compression (and improving) of the space required to run a full node. The addition of never-redeemable outputs undermines that.

Dude, I fucking told these guys....

But no, it commences nonetheless....

[ripper234]

Please stop!

You are creating enormous amounts of  nonredeemable UTXO.  This kind of usage undermines the scalability of Bitcoin because you are pushing data storage into the UTXO set and not merely into the transaction history. The UTXO set must be rapidly available for validation and can not be pruned unlike the rest of the blockchain.  Currently pruning yields 50:1 compression (and improving) of the space required to run a full node. The addition of never-redeemable outputs undermines that.

Do you believe that "Bitcoin" cares about how people use it?
Bitcoin scalability is a definite challenge. We should tackle that challenge as early as possible, instead of nicely asking people to only use it in specific ways.

Willet is open to discuss better, more efficient ways to encode Mastercoin transactions into the blockchain.

gmaxwell, do you belong to the school of thinking that categorizes SatoshiDice as spam?

[ripper234]

Anyway, let's not hijack the donation thread.
I started a new thread where we can discuss this to our heart's content.

[Gavin Andresen]

Please stop!

Yes, please stop polluting the UTXO set. There are much better ways to accomplish what you want to accomplish.

[arc45]

Here's the address I sent 1 BTC from: 12LSJoCAqvVQyvW5qaKGp6ZKMaaZpUcCv3

Here's a blog post I wrote: http://bitbash.blogspot.com/2013/08/considering-mastercoin.html

[wizzardTim]

klee convinced me to support MasterCoin

His address is 13sbvde5fYHeM4UxKJpRxFv7a9MjaKdqPT

[klee]

klee convinced me to support MasterCoin

His address is 13sbvde5fYHeM4UxKJpRxFv7a9MjaKdqPT

I will send wizzardTim's funds in a couple of hours..they are not included in my first deposit in the Exodus address!

[Gigalicia]

I dont have any social media or bitcoin to invest on you, but i give you my world that i will help spread your project when i got the chance.
1NYd4vkVn3BinWEMzBiva7w3wTJRbck2Sm

[DaaBoss]

I do wish I had heard about this before, and not just because of the the giveaway.  Read my post in JR's MasterCoin announcement post why I really do believe that this concept is truly great:   https://bitcointalk.org/index.php?topic=265488.msg3043032#msg3043032   Here's my bitcoin address where I can send and receive coins.  16QVMPtTetYobyKnzrM2mnkuy6dfmMmYG5

I also wish I had more time to buy into the MasterCoin project, but I just don't have the time today or before the end of the month to officially qualify.

[BTC_CG]

Hi, I think it could be a game changer, especially if it stops the block chain competition between altcurrencies and a very easy-to-use client is presented (reversibility is a nice add too)!
I'll contribute to the cause!

address:
14LFF8JV37Bgbwog1sR1qosZTS4Xd47Bi7

Tweets:
https://twitter.com/FPerratone/status/373470389428813825
https://twitter.com/MatericLook/status/373470389282041856
https://twitter.com/FPerratone/status/373733789702582272

retweets by:
@RT_Is_Helpful_ (662 foll., x2)
@LiteCoinNews (503 foll., x3)
@AllThingsBTC (963 foll., x3)

[dacoinminster]

I sincerely apologize to everyone on this thread that I won't be doing the next batch of send transactions today. I've just had too many urgent PR-related and investor-related tasks, and I have simply run out of time. Instead, I'll just do the next and LAST giveaway transactions once the giveaway thread is expired (it expires tomorrow) and you have all told me your promotional efforts. That will be next week some time. I promise that everyone promoting will get paid.

Once the giveaway is done, I'll still have a ton of MasterCoins left over which are earmarked to give away. I'll give those to the top promoters, which you should definitely try to be

Thanks!

[dahongfei]

1Bitcoin4yZjSSPoXUceJaiyQLABx7B2LL

I posted MasterCoin on Weibo (Chinese twitter), targeting Chinese crypo-currency audience.
http://weibo.com/3380829424/A7dwymODK
http://weibo.com/3380829424/A7g9sytRx

[casadebitcoin]

I sincerely apologize to everyone on this thread that I won't be doing the next batch of send transactions today. I've just had too many urgent PR-related and investor-related tasks, and I have simply run out of time. Instead, I'll just do the next and LAST giveaway transactions once the giveaway thread is expired (it expires tomorrow) and you have all told me your promotional efforts. That will be next week some time. I promise that everyone promoting will get paid.

Once the giveaway is done, I'll still have a ton of MasterCoins left over which are earmarked to give away. I'll give those to the top promoters, which you should definitely try to be

Thanks!

I sincerely apologize to everyone on this thread that I won't be doing the next batch of send transactions today. I've just had too many urgent PR-related and investor-related tasks, and I have simply run out of time. Instead, I'll just do the next and LAST giveaway transactions once the giveaway thread is expired (it expires tomorrow) and you have all told me your promotional efforts. That will be next week some time. I promise that everyone promoting will get paid.

Once the giveaway is done, I'll still have a ton of MasterCoins left over which are earmarked to give away. I'll give those to the top promoters, which you should definitely try to be

Thanks!

Have been reading the other thread and have listened to your interview with 'Let's Talk Bitcoin'. Very interesting and following closely... 

Also had my turn at promoting this too...

Very interesting read on Coindesk & Whitepaper...

Public Post on FB = https://www.facebook.com/tomas.leamh
Public Post on Twitter = https://twitter.com/TokamakTX
Retweeting Coindesk article too...

BTC = 19SbxtTYK8gXX7TrSdZUgWxF3ePWJ8QfTS

Best of luck, will be following your progress and am very interested in how this is implemented and how adoption unfolds.

T-

[AlexMc]

My final act of promotion (sort of) has been to add a Countdown Timer signalling the end of the MasterCoin investment window.

https://bitcointalk.org/index.php?topic=285139

I'll monitor it during the day and give it occasional bumps to try to keep it on the first page of the Project Development forum until it's run down to zero.

It's my hope that even if this doesn't attract any more investors on the final day, it may at least reduce the number of refunds you need to process from the Exodus address 

[hl5460]

1Bitcoin4yZjSSPoXUceJaiyQLABx7B2LL

I posted MasterCoin on Weibo (Chinese twitter), targeting Chinese crypo-currency audience.
http://weibo.com/3380829424/A7dwymODK
http://weibo.com/3380829424/A7g9sytRx

I learned the idea of mastecoin from the Weibo and forwarded it.

1K5ZEkQ8Pzwqedg2WHsKQd3xiAGnj7MeCD

I am sending a few coins as well.

[hl5460]

I did a simple Chinese translation on mastercoins and posted them in the following links:


1. http://blog.sina.com.cn/s/blog_d3b90b760101c62a.html

2. Mastercoin的投资机会（北京时间9月1日8时截止）
http://bbs.btcman.com/forum.php?mod=viewthread&tid=5861&fromuid=4242
(出处: 比特人社区)

3. http://8btc.com/thread-609-1-1.html

Hopefully you will see some coins joining in.