Post
Topic
Board Project Development
Re: BitShares and Mastercoin - a comparison
by
bytemaster
on 21/11/2013, 23:35:55 UTC
Bitshares and Mastercoin are similar but Bitshares is more decentralized and pays dividends.

What makes you say Bitshares is more decentralized? What I've seen and read, I can't find anything that would back this up. The amount of PTS that was mined in a week surprised everyone and what I've learned it was/is mostly done by big players. There was only a few days when regular folks could find blocks by themselves.

I'm happy to be proven wrong, but so far I haven't seen anything that would back up the claim that PTS mining would have been better model for the little people who can't invest a lot up front versus Mastercoin's "Exodus August" model, where even small players had an equal possibility to invest.

Small players can BUY PTS today just like they could buy Mastercoin.   Furthermore, there are 1000's of small players who have received PTS and anyone mining within the first 48 hours generated at least one block.    How many people currently own Mastercoin?