5

I am reading up on Mastercoin, and I must say, it is quite confusing. Am I correct in saying that your Bitcoin address is your Mastercoin Address? If so, I have one private key that contains two cryptocurrencies?

3

Yeah, that's right - Mastercoin uses the same address space as Bitcoin.

You can store BTC, MSC, TMSC (Test MSC), and soon many other crypto-currencies on the same address using The Master Protocol.

1

Have a look here: www.youtube.com/watch?v=mAW-kuoZaHU and you'll probably understand how it works.

You download the blockchain with Bitcoin-QT and run my Mastercoins wallet through it.You label the addresses in your QT wallet and you can now send BTC and MSC to these addresses.

  • 1
    link not working.. :( – user568021 Apr 21 '14 at 18:16

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