Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
DGulari
on 30/11/2013, 21:05:11 UTC
Got them via the Exodus address, no other previous owners.
Wow!

This is actually a very interesting post.  That he specifies 'no previous owners' to indicate somehow that these are more pure that others which have bounced around a bit.  On the surface, you might think that is laughable.  But it is not.  Because of the discrepancies between validation systems, those coins bounced around a lot may finally get resolved as 'invalid'.  It would be on the final holder to take that loss.  Therefore, if a person had some coins on an address which he knew to be invalid on the other system (Masterchest, Mastercoin explorer) and sold those - in the end, that would be a fraud.  So, I'd rather only take coins with 'no previous owners' - than those of uncertain nature.  It is a peculiar aspect of the state of the system today.  I think it will soon be resolved.  But it is not resolved now.  Time to take a step back from the DEx and perfect the three validation engines so there is perfect agreement between them.  

Going too fast - doesn't help anyone.
Hmmm.  Interesting.  Couldn't they just make a script that searched on every MSC transaction (There aren't very many yet) and where they find disagreement they can shoot up a flag?  It seems like this would only take one day for all three programmers to work on.  They could meet - run the script - discuss what caused the failure on the non-agreeing system(s) - Put the code right - move to the next inconsistency - until they all agree.  8 hours at most.  Then, get back to work on the DEx.  Done.  That might even shut up Killerstorm.