Hi all,

I think you guys are unaware of the rate at which we are accelerating. Hell, my own board of directors (of the Mastercoin Foundation) has more conservative estimates than me ...

However I think that Mastercoin is going to blow up in scale much sooner than we originally planned.

There will be a lot of transactions on it very soon. I think that perhaps in 2-3 months we'll put a lot more strain on the network that SatoshiDice.

We should prepare.

FYI, we have a small $100 bounty for anyone who documents a migration plan off Bitcoin to another dedicated chain. However this is just a backup plan and we don't see this as likely. We want to stay on top of Bitcoin and support its development and usage.

I think we should have a talk about this ASAP - it's in the best interest of both our projects.

I know you all are busy people, let us know when and how and we'll adjust our schedules.

FYI I think we can sponsor or co-sponsor some research into the scalability of Bitcoin itself. What are the current research problems that can increase Bitcoin Scalability? How can we support this effort?

Please add more core developers to this discussion.