So where do mastercoins come from?  How are they made and why can't unlimited be made. I don't understand how you get mastercoins if you can't mine them. For me Mastercoin looks like another ripple with unfair distribution and no mining.

I think I like the philosophy behind Counterparty better than mastercoin. So my personal choice would be Counterparty.

- Now I am just looking to have technical questions answered. What are the differences between the technical protocols of Mastercoin vs. Counterparty.
- What are the confirm times of blocks on both of these coins?
- How many coins will there ever be on both of the coins?
- What algorithm do they use that is comparable to mining?
- What features does one offer that the other can't offer?