Questions tagged [omni]

Omni is a second layer protocol on top of Bitcoin that uses OP_RETURN outputs to track payments and digital assets. Omni was previously called Mastercoin.

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does bitcoin have omni layer?

I was looking into omni protocol and couldn't quite figure out some things. I'd really appreciate your opinions. I tried to look into all the bitcoin stachexchange answers, but nothing that much ...
Nika Kurashvili's user avatar
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Does support HD wallets multi networks?

Due to bip 44 list https://github.com/satoshilabs/slips/blob/master/slip-0044.md HD wallets support multi coins. does it mean HD wallets support multi networks? like omni for bitcoin, TRc20 for ...
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Where to find the amount that is being sent in a signed transaction? [closed]

I was looking at a transaction I just signed for USDT and I decoded it to compare stuff to my original address and amount. Just to be careful. I found the address that the data is being sent to in ...
coder123's user avatar
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How to accept USDT payments the right way? [closed]

We are developing an e-commerce solution and consider USDT to accept payments. At the moment as I understand we can generate many addresses (1 per transaction) with BIP32 spec approach. Based on Omni ...
shalakhin's user avatar
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Difference between Bitcoin and omni layer [closed]

I am really confused on bitcoin core and omni core. I have several doubts, regards this, it is possible to use bitcoin node for omnicore. can we use the bitcoin address for usdt. if we can, how to ...
Sarath Kumar's user avatar
3 votes
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564 views

Developing omni USDT wallet APIs? [closed]

Is it me or does anyone find references to developing Omnicore USDT wallet REST APIs really hard to get? I'm looking to develop 5 standalone APIs which are: 1. POST: Send Transaction (signs and ...
Zinxer's user avatar
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missing USDT transaction in Copay or Bitpay Wallets

I have a missing transaction, a guy sent me a bitcoins USDT, on his side we can see the money went out and the transaction is confirmed, on my side the money are not at my wallet, what I can do, here ...
Deyan's user avatar
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Combining a Bitcoin transaction with one address holding USDT, but no BTC and using another address with BTC to pay for the fees?

I have a Bitcoin address that contains USDT, but NO BTC in it. So I cannot even send the USDT out. But I have another bitcoin address that does have BTC. Can I somehow combine these 2 addresses where ...
Patoshi パトシ's user avatar
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Can an invalid Omni transaction be confirmed by bitcoin miners?

Is it possible that a well formed Omni transaction (with valid Omni layer data) be valid for Bitcoin miners while being invalid for the Omni token being used ?
user2284570's user avatar
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Transaction stuck in the Omni layer

A friend of mine accidentally transferred USDT from Binance to GDAX ... and apparently it's stuck in the Omni layer which handles these types of transactions. However GDAX is not looking for them and ...
Ole's user avatar
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How can I transfer tether(USDT) using omni JSON RPC API?

I looked for the information but I couldn't find that. It seemed to be done as I always do for Bitcoin though. Any idea?
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How to create an omnilayer transaction by myself?

As far as I understand from reading a specification and this blogpost, creating Omnilayer transactions is a rather tough thing to do yourself, because format is quite intricate. Are there any examples ...
Wunsch Punsch's user avatar
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Are mastercoin transfers transparent on the blockchain?

The mastercoin specification (https://github.com/OmniLayer/spec) details an obfuscation process, but doesn't provide the motivation for implementing this obfuscation. Why does mastercoin use this ...
morsecoder's user avatar
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Why is the Mastercoin Exodus address used in every mastercoin transaction?

Mastercoin initially did fundraising through 1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P. It now seems to be used in every Mastercoin transaction (it has been used in thousands of transactions). Why is the ...
morsecoder's user avatar
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How do I get started with mastercoin? What tutorial or guide is a good start? [closed]

How do I get started with Mastercoin? Are there useful tutorials or guides? I am looking at creating a cryptocurrency on Mastercoin so as to leverage on the features of the Bitcoin blockchain and ...
Ifetayo's user avatar
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Is there a volume chart for Omni assets? [closed]

I am looking for trade / transaction volume charts for Omni assets like http://www.ripplecharts.com/ (seeking information of for example - how many MaidSafeCoins have been traded in the last week and ...
ThePiachu's user avatar
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Mastercoin API - what to use?

I am interested in communicating with the Mastercoin network through an API to control various assets. In Bitcoin, I would run the Bitcoin daemon and use the documented API. For Mastercoin, I'm ...
ThePiachu's user avatar
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What are mastercoins used for in Mastercoin?

What are mastercoins used for in the Mastercoin system? In Bitcoin, bitcoins are the only store of value and are spent as fees that the miners earn. In Ripple, ripples are used as a meta-currency ...
ThePiachu's user avatar
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Are Mastercoin addresses Bitcoin addresses?

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 ...
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9 votes
2 answers
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How does Mastercoin avoid double-spend attacks without it's own blockchain?

Bitcoin's main innovation is the blockchain, responsible for making sure that the same bitcoin cannot be spent twice. Mastercoin rides on top of bitcoin, but does not have it's own blockchain. How ...
Assaf Shomer's user avatar
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What is Mastercoin? Why does it exist?

What is Mastercoin? What is its raison d'être? Have there been any real world examples of its use?
Kinnard Hockenhull's user avatar
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1 answer
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What protocols are built on top of Bitcoin?

Mastercoin is described as: "both a new type of currency (MSC) and a platform. It is a new protocol layer running on top of Bitcoin like HTTP runs on top of TCP/IP. Its purpose is to build upon the ...
Jonathan Deamer's user avatar
0 votes
3 answers
530 views

How is the security of Mastercoin different than that of Bitcoin?

Mastercoin is based on Bitcoin, and has a very similar security model. However various parameters make the security different (some better, some maybe worse). How exactly do they differ, security ...
ripper234's user avatar
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Is mastercoin a perpetual bitcoin machine

If Alice sends Bob one bitcoin on the mastercoin network, this transaction is technically implemented using a standard bitcoin transaction with a negligible amount. Isn't that equivalent to creating ...
Assaf Shomer's user avatar
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2 answers
189 views

Mastercoin vs Quantum Computers [duplicate]

Assuming quantum computers become mature enough to effectively crack elliptic curve cryptography of the type used by bitcoin, is Mastercoin secure?
Assaf Shomer's user avatar
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Sending Bitcoins from a Mastercoin Address

Is there any danger in sending any remaining bitcoin funds that are still sitting in a Mastercoin address, i.e. the bitcoin address from which one sent funds to the Exodus address?
Assaf Shomer's user avatar
2 votes
1 answer
548 views

How does one send and receive Mastercoins?

I don't really understand how the Mastercoin mechanics work, do I need a special client when operating with Mastercoins? And how should I proceed with the initial investment? If I were to recieve ...
user9201's user avatar
2 votes
1 answer
2k views

How can I buy Mastercoins? [closed]

What is currently the best way to purchase Mastercoins? Are there exchanges out yet? Do I need some special Mastercoin-Address/Wallet?
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