Post
Topic
Board Project Development
Re: BitShares and Mastercoin - a comparison
by
markm
on 08/11/2013, 22:22:25 UTC

Thanks for actually indicating an exchange. I posted in some thread or other some time ago asking what exchange it is on when someone posted about it having some certain price or other, but so far I had not stumbled upon any response.

Personally I did stumble upon it a day or few before the deadline, decided it sounded worth checking out so I started the process of reading up on it but by the time the deadline hit what it was that was to be created still did not seem to have even been decided. Even reading the last few days it seems the process of working out what it is that Mastercoin is going to be still seems to not be quite figured out yet though various prototypes do at least seem now to be able to read each other's messages once they have seen them not figured them out quite right and been tweaked again, and I read today that what one person has been using for a protocol or standard or syntax or somesuch he does expect will actually end up in the specs when next the specs are released.

So It does seem much closer now to actually being a particular protocol or set of protocols one could by this point maybe dig into enough to try to figure out whether they seem well thought out.

But not only are the centralised data feeds a concern but also it now seems that possibly the whole pegged currencies based on data feeds might be going on the back burner? Whereas that was what I thought we were deciding whether to buy into during those days I did have before the deadline in which to decide whether they did sound like they would work. So if I had bought in I would now be having to worry that that stuff is maybe no longer what the project is even about?

So yeah it still seems too early yet to even know where this project is even heading. Contracts for difference now possibly, maybe?

-MarkM-