Post
Topic
Board Altcoin Discussion
Re: [ANN] Masterchain.info private Fiat on the blockchain with distributed exchange
by
grazcoin
on 26/04/2014, 11:42:53 UTC
Congrats Graz!

I've been using the masterchain.info wallet to do simple sends and I'm happy with the results.

I'm confused about these new currencies though.  Are they implemented as master protocol user-currencies or
something else?   I have no idea what a meta-chain or a nested chain is.

Also, do you have any plans to support trading of MaidSafe coins now that the crowdsale has finished?



Thanks!

The new currencies  are mastercoin protocol based, but the exodus address (and the control of the whole chain) is given to the user that issues the coin, and therefore they are not connected to MSC. These are not the user currencies from the Mastercoin spec.
On each such chain (MSC, GRZ, etc) internal user currencies (as mentioned in the mastercoin spec), as well as any other mastercoin spec feature could be added.

The original MSC is the first "mastercoin protocol based" coin, using the exodus 1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P
Any other coin on masterchain, e.g. GRZ uses the same protocol and the same parsing stack, but it has its own unique address - for GRZ it is 1GRazCon4gDqTh1pMNyh1xHVWnbQEVPfW8

As for MediaSafe coins - I don't plan to add them to masterchain.info in the near future, as I am too busy with the development of the multi-exodus feature. This does not influence the MSC balance which should be in consensus with other MSC implementations.