Mastercoin Faucet: New Bounty ($500-$850)

[Mondy]

What exactly is mastercoin? Is it an alt coin??

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[dacoinminster]

What exactly is mastercoin? Is it an alt coin??

No. A new protocol layer being built on top of bitcoin. Mastercoin is to bitcoin as http is to tcp/ip.

Our website: http://www.mastercoin.org
Our subreddit: http://www.reddit.com/r/mastercoin
The bitcointalk thread where I launched our kickstarter: https://bitcointalk.org/index.php?topic=265488.0 (used for ongoing Mastercoin discussion)
The spec: https://github.com/mastercoin-MSC/spec
Wiki FAQ: http://wiki.mastercoin.org/index.php?title=FAQ
Thread for buying and selling Mastercoins: https://bitcointalk.org/index.php?topic=287145.0
Our current 300 BTC coding contest: https://bitcointalk.org/index.php?topic=292628.0

[ripper234]

What exactly is mastercoin? Is it an alt coin??

http://wiki.mastercoin.org/index.php/FAQ#What_is_Mastercoin_and_why_is_it_needed.3F

I just gave a talk yesterday that explained this, we'll the upload high quality video soon.
In the meantime, here's the low res video we have + slides (hit Play to see animations).

[chengzi0418]

my  account 

14Defj1xE3CyJmVuiFdLaZ5GKCa4nWe9zn

my english is not very good.

[zebigfoot]

is this a test phase for the faucet , with bounties given out for any bugs found ?

[grishnakh]

Theymos forgot to send this to altcoin hell.

[dexX7]

is this a test phase for the faucet , with bounties given out for any bugs found ?

It's a test phase giving out very smallish amounts of Test MSC to see, if everything goes smooth.

Is there something you found?

The real MSC are ready to be distributed, so let's fix it before going live.

Bug bounties were not intended, but if it's worth, then a report shall be worth something, too.

Please contact me via PM or at dexx@bitwatch.co, if it's sensible.

[Martijnvdc]

I would be interested in doing this, but that's quite a low bounty for something that takes so long to do...

[prophetx]

FYI I posted your request on the main thread

https://bitcointalk.org/index.php?topic=265488.msg3801432#msg3801432

[prophetx]

great job on putting this together

if anyone wants to help spread the word for the faucet on bitcointalk you can use this code in your signature:

Code:

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

[prophetx]

is this a test phase for the faucet , with bounties given out for any bugs found ?

It's a test phase giving out very smallish amounts of Test MSC to see, if everything goes smooth.

Is there something you found?

The real MSC are ready to be distributed, so let's fix it before going live.

Bug bounties were not intended, but if it's worth, then a report shall be worth something, too.

Please contact me via PM or at dexx@bitwatch.co, if it's sensible.

how many people have tried this out so far?

[JOSE2014]

My mastercoin address :

K3N6M6VLLPYSiCBFSDKecaHsKnsqcv7Tgk

Thanks

[pinkie31]

where to get mastercoin wallet please?

[prophetx]

where to get mastercoin wallet please?

you can use bitcoin-qt for the time being

check http://wiki.mastercoin.org for how this works.  all mastercoins are stored in the bitcoin blockchain.

[dexX7]

Code:

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

Wow, I'm not really a fan of flashy signatures, but it look great! Thanks for including it into yours!

So far:

 - 222 Mastercoin rewards (unique, 0.0005-0.0025 MSC)
 - 301 Test Mastercoins rewards (0.0001 TMSC)

... were claimed. The amount of daily visitors is very constant over the last days and mastercoin.org is the main source of new visitors.

I have received a great suggestion about some UI changes via email which I will implement sooner or later. I wish I would invest more time in the faucet. Still need to mail the follow up..

[maxbit]

Just received the Mastercoin thx! awesome! Question: Can i go back to get more after 1 day? Where can I get more Mastercoin, I am new to this so I don't have much other coins like btc.

[dexX7]

Just received the Mastercoin thx! awesome! Question: Can i go back to get more after 1 day? Where can I get more Mastercoin, I am new to this so I don't have much other coins like btc.

Right now you can only receive one reward, sorry! But it's still enough to play around a bit - you can send small amounts.

Here is a very large thread with buyers and sellers:

https://bitcointalk.org/index.php?topic=287145.0

[51trillion]

JqUVdikDtwSxZVsRQ3vbfRVmuWKjN1CgEp

[dexX7]

JqUVdikDtwSxZVsRQ3vbfRVmuWKjN1CgEp

That's not how it works!

Please visit www.mastercoin-faucet.com to claim some MSC.

Notice to all:

It has come to my attention that the signing/message verification considers some (valid) signatures as invalid. Will be fixed after the weekend. Some UI changes are on the way, too and I'm thinking about dropping the verification via bitcointalk.org and replaced with something else. It's not intuitive and causes confussion, but on the other hand, it's educational. Seems that the instruction is not good enough, I guess.

Cheers!

[dacoinminster]

Hey Dexx,

I see that Ron originally listed the bounty as $500 to $850 in this thread.

It appears that you have done the full $850 worth of work, so I have put a pending payment for $850 for you in our ledger (https://docs.google.com/spreadsheet/ccc?key=0AtCyUJvk_IyNdGpVcnpBN2tOczFmbVRnck5TWjZuRFE&usp=sharing#gid=0).

I will send BTC worth $850 (according to the 3-day average from bitstamp) the next time I access project funds (probably within a few days) to your address 11NiSNoGYomEA3ZHEN4R9ne4kwDjECsAy.

Thanks for your work on this!

-J.R.