If there is an exchange it is on then what is the problem, just put an offer on the exchange? Or would you not consider that an ivnestment into the coin/ecosystem?
-MarkM-
-MarkM-
I'm busy over my heels working on Mastercoin. Mastercoin is poising itself to be the exchange that you could launch these kinds of projects on in the future. It's just not ready yet ... and I think we still need to refine our message ... there's a lot of good opinions about Mastercoin, but a lot of negativity as well, and it is my belief that at least some of the negativity arises from misunderstanding what Mastercoin really is about, its capabilities, or its vision. We're working on improving that
There is one important point here which bytemaster touched on, but no one else seems to have picked up:
* mastercoin relies on a *centralised* price feed for its CFDs
* bitshares do not
Centralisation is something which bitcoin was designed to avoid at all costs, so this is a bit of a backward step for mastercoin.
The big question for me is whether the proposed technique for bitassets to track the 'actual' price of the asset they reflect will actually work. The white paper is somewhat lacking descriptively.
Cheers, Paul.
* mastercoin relies on a *centralised* price feed for its CFDs
* bitshares do not
Centralisation is something which bitcoin was designed to avoid at all costs, so this is a bit of a backward step for mastercoin.
The big question for me is whether the proposed technique for bitassets to track the 'actual' price of the asset they reflect will actually work. The white paper is somewhat lacking descriptively.
Cheers, Paul.
Mastercoin has plenty of different compatible features. CFDs weren't even a thing 1 week ago.
We can copy and adapt whatever technology or idea used by other projects, if they are superior to what we are using.
The benefit of doing all that on Mastercoin is that very quickly we'll all have a unified platform where all these different features co-exist ... we'll let the market decide whether CFDs, Escrow-based Backed Currencies, or BitShares style assets is the better solution. Have no doubt that the BitShares model can be implemented on top of Mastercoin if needed.
Mastercoin is a platform, it is not one feature or another.