Quote from: FrictionlessCoin on December 24, 2013, 03:23:14 AM

Quote from: Exocyst on December 24, 2013, 02:08:43 AM

Quote from: FrictionlessCoin on December 23, 2013, 09:21:36 PM

Furthermore, each coin is dirt cheap, so using is as a platform for Colored Coins makes more sense.

Your argument is misleading, i.e. one satoshi could be colored. Furthermore, it is unlikely that a competitor in the "advanced feature race" which fails to take advantage of the enormous security and value of the bitocin blockchain will be successful. Might discussion in this thread be centered on MasterCoin rather than advertising/discussing competitors? In that spirit, I have some questions regarding issuance of new currencies and datastreams in the mastercoin protocol.

What possibilities are there to automate the stability concept of Escrow-Backed User Currencies? (If unfamiliar, see: https://github.com/mastercoin-MSC/spec)

I am wondering what mastercoin protocol features exist or could exist for a decentralized system to both issue and manage a user currency on the mastercoin protocol. In this way users could trust the design of a "user issued" currency on the mastercoin protocol rather than an individual. Specifically, how might a network of users or an instrument such as a separate blockchain possess the capacity to distribute or transact a mastercoin protocol user issued currency? I can think of many ways to create an automated, redundant system which could do this but all of them suffer significant counterparty risk, i.e., they require trust in the creator of the distribution system rather than trust in the distribution system itself. Is there some possibility to decentrally sign mastercoin protocol data streams or transactions?

You forget that there is code that treats anything less than around 5,000 satoshi as 'dust'. Therefore there is considerable effect of the price of the coin.

I see. You are right about thatExcepting that such discussion belongs somewhere like here: https://bitcointalk.org/index.php?topic=106373.340

Is there somewhere to actually discuss mastercoin features with active developers?