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- Mastercoin abstract "Omni (formerly Mastercoin) is a digital currency and communications protocol built on the bitcoin block chain. It is one of several efforts to enable complex financial functions in a cryptocurrency. Planned features include the development of a decentralized exchange and the implementation of smart property and savings wallets.J. R. Willett published the first draft of the Mastercoin protocol in January 2012 as a white paper, in which he proposed that existing bitcoin protocol “can be used as a protocol layer, on top of which new currency layers with new rules can be built without changing the foundation.”The Mastercoin project officially launched on July 31, 2013, with a month-long fundraiser in which anyone could buy Mastercoins - the digital tokens that the protocol uses to conduct transactions – by sending bitcoins to a special “Exodus Address”. The idea was that as the platform was being developed, the tokens would become more valuable and investors could sell their Mastercoins to realize a return.A nonprofit organization called the Mastercoin Foundation was formed to handle the funds sent to the address.Despite warnings that Mastercoin might just be an elaborate scam, some 500 people invested, sending a total of about 5000 bitcoins worth about US$500,000 at the time.As of January 2014, J.R. Willet is employed full-time by the Mastercoin Foundation as \"chief architect\"As of February 2014, Mastercoin was the world's seventh largest cryptocurrency by market capitalization according to coinmarketcap.com.In April 2014, MaidSafe used a crowdsale to raise over $7,000,000 in Mastercoins and bitcoins. The value of the Mastercoins (half the currency) subsequently declined, leaving the total from the sale at $5,500,000. In July, MaidSafe COO Nick Lambert was among a number of people joining the Mastercoin board as observers.In March 2015 Mastercoin efforts were rebranded as Omni. Omni role in bitcoin ecosystem is declared as being a platform for decentralized protocols like Factom and MaidSafe. «A common analogy that is used to describe the relation of the Omni Layer to bitcoin is that of HTTP to TCP/IP: HTTP, like the Omni Layer, is the application layer to the more fundamental transport and internet layer of TCP/IP, like bitcoin.»".
- Mastercoin wikiPageID "41857874".
- Mastercoin wikiPageLength "6112".
- Mastercoin wikiPageOutDegree "11".
- Mastercoin wikiPageRevisionID "690429044".
- Mastercoin wikiPageWikiLink Bitcoin.
- Mastercoin wikiPageWikiLink Category:2013_introductions.
- Mastercoin wikiPageWikiLink Category:Alternative_currencies.
- Mastercoin wikiPageWikiLink Category:Bitcoin.
- Mastercoin wikiPageWikiLink Category:Cryptocurrencies.
- Mastercoin wikiPageWikiLink Communications_protocol.
- Mastercoin wikiPageWikiLink Cryptocurrency.
- Mastercoin wikiPageWikiLink Digital_currency.
- Mastercoin wikiPageWikiLink MaidSafe.
- Mastercoin wikiPageWikiLink White_paper.
- Mastercoin wikiPageWikiLinkText "Mastercoin Foundation".
- Mastercoin wikiPageWikiLinkText "Mastercoin".
- Mastercoin image "Mastercoin_logo.png".
- Mastercoin imageTitle "Mastercoin logo".
- Mastercoin wikiPageUsesTemplate Template:Cryptocurrencies.
- Mastercoin wikiPageUsesTemplate Template:Infobox_currency.
- Mastercoin wikiPageUsesTemplate Template:Official_website.
- Mastercoin wikiPageUsesTemplate Template:Reflist.
- Mastercoin subject Category:2013_introductions.
- Mastercoin subject Category:Alternative_currencies.
- Mastercoin subject Category:Bitcoin.
- Mastercoin subject Category:Cryptocurrencies.
- Mastercoin hypernym Currency.
- Mastercoin type Currency.
- Mastercoin type Thing.
- Mastercoin comment "Omni (formerly Mastercoin) is a digital currency and communications protocol built on the bitcoin block chain. It is one of several efforts to enable complex financial functions in a cryptocurrency. Planned features include the development of a decentralized exchange and the implementation of smart property and savings wallets.J. R.".
- Mastercoin label "Mastercoin".
- Mastercoin sameAs Q15494057.
- Mastercoin sameAs Mastercoin.
- Mastercoin sameAs Mastercoin.
- Mastercoin sameAs マスターコイン.
- Mastercoin sameAs m.0_ldz_r.
- Mastercoin sameAs Mastercoin.
- Mastercoin sameAs Q15494057.
- Mastercoin sameAs 万事达币.
- Mastercoin wasDerivedFrom Mastercoin?oldid=690429044.
- Mastercoin isPrimaryTopicOf Mastercoin.