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Hi everyone.
I created a new address in blockchain.info and got some mastercoins from the faucet. How do I use these? what makes them different and how can I distinguish between a mastercoins and bitcoins?
Can I use .00005 to create a distributed app? If so how? How does a distributed App lets say bitUSD actually keep pegged to USD if people are trading them, because there is also supply demand. does that mean the creator has to create a certain amount of coins to represent the USD but what if the demand is higher will the software just create more to match the price of USD? How does all that work?
Also if I want to buy more mastercoins how do I go about doing that?
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- 11 years ago
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- reddit.com/r/mastercoin/...