Post
Topic
Board Altcoin Discussion
Re: OFFICIAL LAUNCH: New Protocol Layer Starting From “The Exodus Address”
by
dacoinminster
on 05/09/2013, 18:55:53 UTC
I've just updated http://mastercoin-explorer.com/.
[..]
Edit: There was a small bug right after posting this where it would set currency_id to 0 and 1 instead of 1 and 2. This has been fixed.

I am checking one of the first tx to 1EXoDus address from:
https://blockchain.info/address/1PA8qhEzW7to6EeqBAdhVZYGbVj2MfmN2n
which was 16BTC and it happened 2687249 seconds (around 31.1 days) before 1.9.2013.
The bonus is then 10% for a week, which is 10%*2687249/(3600*24*7)=>44.43%
[this fits to 4 weeks = 40%]
or in dacoinminsters:
160000000000+71091243386=231091243386
which is:
2310.91243386 mastercoins

Comparing to the mastercoin-explorer:

http://mastercoin-explorer.com/homes?address=1PA8qhEzW7to6EeqBAdhVZYGbVj2MfmN2n
gives:
Bought 1600.0 Mastercoins and got a 699.4835978835979 Mastercoins extra.
This gives 2299.483597884 mastercoins

minor remark: precision of 8 decimal, and not 13.

where is the mistake?

The blockchain.info timestamps aren't based on data stored in the block chain - they appear to be a timestamp set by blockchain.info when they first see a transaction. I also made the mistake of assuming they were from the block chain, and my greasemonkey script also incorrectly calculates the bonus by a small amount.

MasterCoin-Explorer is getting really good. I don't know of any outstanding bugs, but I'm still looking. (see next post)

If somebody wants to make a list of the refunds I need to make, that would be helpful. I plan to make a list myself before I issue refunds to people who purchased after the deadline, but it would be nice to have a publicly vetted list to double-check against.

I had hoped to not refund the people who sent before the deadline but didn't make it into the block chain until after the deadline, but that would make calculating bonuses for those people weird (negative bonus?) so I think I'll have to refund those folks too, as implied by some of the calculations I see earlier in this thread.

The advertisements for buymastercoin.com are a bit of a grey area, but after talking to the site owner, I'm leaning towards treating those just like other investments, to keep things simple.

I'm in the process of finalizing the composition of the MasterCoin Foundation board. If you made a major investment and would like to sit on the board (which has veto power over my expenditures) let me know ASAP!

Thanks!