Post
Topic
Board Announcements (Altcoins)
Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread
by
ejinte
on 28/04/2015, 02:09:22 UTC
We almost never watch this thread anymore, since it tends to be more of a trollbox than a forum, I think you'll usually get better results on reddit: http://www.reddit.com/r/omni/
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My answer is the same as it has always been. The near-term reason is the phase-2 distributed exchange which has all child currencies trading decentralized against OMNI. (phase 1 was Omni trading against bitcoin). The longer term plan is: http://blog.omni.foundation/2014/06/11/mastercoin-is-for-burning/
..........


So now when you're here, perhaps I could ask a few questions as well:

*When will the phase-2 distributed exchange disturbed exchange be launched? Last year in March there was a big countdown and me and I think many else thought the DEx would be released then.

*Do you think anyone would use this DEx? I mean, the transaction volume for OMNI token right now is really low and consists of MAID to almost 100%. Why would anyone want the hassle of first exchanging the tokens for OMNI and then to BTC or whatever? One would most certainly make a loss in such trade since the liquidity will be low.

*When is the windows version of MasterCore coming? There was a similar countdown like the one with the DEx, when I and perhaps other thought it would be something we could really use. Only to find out that it's only for LINUX users.

*Don't you think that other projects like maidsafe and ethereum will be able to do the exact same things as OMNI but with better functionality? To be honest, sitting around waiting for block feels a bit like 2012, both when I'm using BTC and OMNI.

*Do you think OMNI tookens every will be worth more than 0.02BTC each again? What do you think when I say I bought mastercoins for 0.419BTC from a website the mastercoin foundation promoted on their front page?

Appreciate your answers, mastermind/omni.