How to use Mastercoin @MSCProtocol #Crowdify #Tools

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Mastercoin is a  service provider of  cryptocurrencies which built on the Bitcoin block chain. This service first provide by J. R. Willett  in January 2012 as a white paper, here he suggest about bitcoin that is  “can be used as a protocol layer, on top of which new currency layers with new rules can be built without changing the foundation.It is one of several prominent efforts to enable complex financial functions in a cryptocurrency. He want to add some new feature and planed like , development of a decentralized exchange and the implementation of smart property and savings wallets.

 

mastercoin-org

Launching  after a month , This service of mastercoin become very much popular because any user can buy coin which using digital token protocol like bitcoin”Exodus address”.Here user can sell their mastercoins when it demands raise up. As of January 2014, J.R. Willet is employed full-time by the Mastercoin Foundation as “chief architect ” Now yet Mastercoin is the seventh largest cryptocurrencies provider. 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.

Introduction to Mastercoin –

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Do you have any tips for using Mastercoin? Please add them to this list. Please vote up or down any tips that are already here. Thank you!

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Do you know any Mastercoin alternatives? Please add the names of each tool to this list and help others to find them and try them out. Please vote up or down any alternative so we find the most popular ones. Thank you!

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