Post
Topic
Board Altcoin Discussion
Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address”
by
Nagan
on 06/02/2014, 13:54:32 UTC

17rExRiMaJGgHPVuYjHL21mEhfzbRPRkui -->
--> 1CKPYQPiVKMBEHqWco9sNNLNeTCjGSxfrn  (MSC receiver)
--> 1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P (a marker for a parser to identify a Mastercoin transaction)
--> 16FcCqZk5XF4sDkcFGQ5twbt7S3E8GdsHh (encoded control data: how many MSC has been sent, type of transaction, is it MSC or TMSC, etc. It's not a "real" Bitcoin address!)
--> 17rExRiMaJGgHPVuYjHL21mEhfzbRPRkui (change received back to source)
The amount of bitcoins transfered is pretty much irrelevant, as long as it fits the Mastercoin spec.


@Nagan Thanks for the very detailed answer,
I need some more details, now I understand that
all the control data of who sent what to who
is encoded in the multisig 3rd transaction. Can
somebody give me the exact details how it's encoded ?

here is the raw transaction:
http://blockexplorer.com/rawtx/f4ff244d1595b340e5634dde6b077ee99e6657c411e1f6701a9967e5bc850a57

Thanks in advance
Roman


Hi Roman,

I have to take a read on the specifications to decode it.
Is there anything specific you have to solve here?

Cheers