Post
Topic
Board Altcoin Discussion
Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address”
by
subSTRATA
on 29/12/2013, 20:57:06 UTC
So I decided to check this new hot protocol over faucet. I entered all data properly and to my surprise got 0.0000546
BTC on my Bitcoin address but 0.00125 MSC to Mastercoin address. Now I'm totally confused about the whole deal here.

1. Why amounts for BTC and MSC differ?
2. When it comes to how much BTC and MSC one receives over faucet, is ratio constant or random?
3. What happens with my 0.0000546 BTC if I spend my 0.00125 MSC or I do it the other way around? In other words,
are those 0.0000546 BTC now bound to 0.00125 MSC or not?

http://mastercoin-explorer.com/transactions/5c707b42cebe78283eb2d4c61e4dd7d4a241f35690b265e862844b58ef489bbe