Just a work-in-progress update on my (thin) Mastercoin client.

I've been working on a Mastercoin client that uses a combination of the Mastercoin ruby library and Mastercoin-explorer in order to create a thin-client implementation for Mastercoin. This means that you don't need a local synchronised Bitcoind instance in order to make Mastercoin payments. Right now this is a very centralised solution but once the Alpha version is out I will create a Mastercoin-server project that will enable users to setup their own Mastercoin servers which clients can connect to; think Electrum.
 
All the client requires is a private key of a Mastercoin address and enough Bitcoin balance to create a valid transaction. I just send my first valid multi-sig Mastercoin transaction so I figured this is as good as time as any to show some early wip screenies.




The first real transaction can be found on Mastercoin-explorer and Blockchain.info

There is still a lot of work to do but at least we are getting somewhere. I hope somebody else can send some multisig transactions soon so we can finalise the spec and start working on the next feature

This will be my last post for a while as I will be leaving the country and be without internet for a few days. See you all on monday