Post
Topic
Board Altcoin Discussion
Re: OFFICIAL LAUNCH: New Protocol Layer Starting From “The Exodus Address”
by
freedomno1
on 26/08/2013, 22:02:23 UTC

Well I still am learning how the Mastercoin system works but I'll contribute to passing around the idea.

I borrowed bybitcoins post and added a few more things since it made a nice template and posted it in a topic in the forums and on the asicminer forums.
1EByjy9e4FeGZuTV4Rx5hbf4PnFt7jGh8M
Best of Luck with your proof of concept and design

https://bitcointalk.org/index.php?topic=279860.msg2996791#msg2996791
https://asicminer.info/forum/index.php?page=Thread&postID=258#post258

Nobody noticed the first one, and it looks like the second one got deleted. Oh well; you tried.

1.0 Test MasterCoins: http://blockchain.info/tx/75a33ab549f1980b2a10bd8b5641e01094dcfeaf5a116a82bdd48a4bb3c5c02d
1.0 MasterCoins: http://blockchain.info/tx/cdfd4bbf985eefd5139cc23ce367b6a7a7fef0b2d3f1f72baf86ef3b37b61398


Thanks for the Mastercoins I will have to try harder Smiley

I received the Mastercoins via my QT wallet if I send my remaining balance to the exodus address how would I differentiate them from the bitcoins I received from other sources.

As an implementation question I can differentiate the two Mastercoin transactions above.
However how would it work if I transferred the balance in my wallet to exodus.
(Would they be recalculated as part of a mastercoin or are they identified as mastercoins already)

When reading the paper I noted this part that said

"all transfers of value are still stored in the normal bitcoin block chain, but higher layers of the protocol assign additional meaning to some transactions."

If that higher layer of protocol design is assigned to the current test coin and mastercoin I possess how do I determine it's existence

Sorry if this question is a bit confusing still on the learning curve.
Off to catch up on 28 pages Smiley