Ninjastic
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Board Altcoin Discussion
Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address”
by
NewLiberty
on 28/10/2013, 01:06:40 UTC
Quote from: Luckybit on October 27, 2013, 06:39:55 PM
Quote from: TKeenan on October 27, 2013, 06:49:55 AM
Quote from: zathras on October 26, 2013, 10:02:57 PM
Exactly 619478.59338440 MSC were created and no more will ever be created.
When asked about it, I think Willet replied: "...well, I don't want to say 'never'"

What if you had the choice: the projects dies for lack of development resources - or - 10% dilution for all participants to reach a spectacular success?  

I'd take choice #2.

Never say never.  Or 'ever'.  Smiley  Grin

More Mastercoins doesn't dilute anything if the project is a success. Development resources would come from Bitcoin once the decentralized exchange is built. I don't see how it will be an issue at all.

Also you'll have many commercial interests and venture capitalists who will pour millions into it if it even looks like its a success.

With such ample and excellent development resources, one might first question other aspects of the project.