Re: [ANN][MAST] MastCoin | CoinRecycler | ANON

Is the coin recycler up and running?

If so could some kind person please link how toy use it?

If got a few coins to chuck its way possibly.

Cheers

Yes, CoinRecycler is operational! You can use it in two different ways - either via the web interface at http://recycle.mastcoin.org, or within the MastCoin wallet. The basic process for either method is the same though:

1) Specify which coin you want to recycle: DOGE, WC, XLB, CLOAK, and CRYPT are the coins that are currently supported
2) Specify the MastCoin address where you want to receive your MastCoin after the recycling has been completed
3) CoinRecycler will give you a deposit address, then just send your coins there.

The current process for using CoinRecycler in the MastCoin wallet is a bit clunky because it hasn't been integrated into the GUI yet. We're hard at work on that and anticipate finishing work on the initial GUI wallet integration soon. To use CoinRecycler in the wallet, you need to use the console. Go to the top menubar, click Help, then click Debug Window. Click the Console tab, and type the following commands in the box below:

getnewaddress
(This gives you a new MastCoin address - copy and paste it into the next command.)

getdepositaddress DOGE YourNewAddressHere
(You can also use WC, XLB, CLOAK, or CRYPT in place of DOGE)

Then just send your coins to that address - note it can only be used once, as it is one-time-use to help improve anonymity.

Here's a screenshot to better illustrate the process:

Many thanks for that.

Is there plans afoot to incorporate more coins into the recycler??

I think theres endless possibility which coin could be added into coinrecycler