|By Marketwired .||
|February 12, 2014 05:37 PM EST||
SAN FRANCISCO, CA -- (Marketwired) -- 02/12/14 -- Developers of the Master Protocol and large holders of Mastercoin (www.mastercoin.org), a metadata layer on the Bitcoin blockchain, today announced an open call for Master Protocol-based projects and funds totaling $30 million to support their development. Developers and entrepreneurs wanting to apply can find details at: www.mscdevs.com.
Approximately 150,000 Mastercoins (MSC) will be put back into the Master Protocol ecosystem for projects building on top of the MSC platform.
"We believe that this kind of reinvestment into the Mastercoin ecosystem is proof-positive of the commitment digital-currency supporters have in the future," said Brock Pierce, Mastercoin Foundation board member.
The Master Protocol enables the creation of a peer-to-peer exchange where traders can buy, sell and trade bitcoins for Mastercoins plus other digital tokens, as well as conduct other smart property transactions. The foundation supports the open-source development of applications that support the Master Protocol and does not have an operational role in peer-to-peer exchange.
According to the website launched for the effort, titled, "Develop Projects On Top of The Master Protocol," some requirements of the projects include:
- Must operate on top of the Master Protocol standard
- Must store its data and records in the Bitcoin decentralized blockchain
- Must use one of the features of the Master Protocol for its operations
- Must add to the infrastructure of the Master Protocol platform
About Master Protocol - The Bitcoin Metadata Layer
Master Protocol is a crowdfunded, Bitcoin blockchain metadata layer that allows for a plethora of new digital currencies and property sales to be created through the Bitcoin blockchain. The Master Protocol removes the typical broker middleman from trading by levering Bitcoin's decentralized, trustless transaction accounting and restoring peer-to-peer exchange as the keystone element of a trade. The principles and features of Master Protocol are detailed in its complete specification. To learn more about Master Protocol, please visit www.github.com/mastercoin-MSC/spec
About the Mastercoin Foundation
The Mastercoin Foundation is a non-profit organization whose mission is to enable and accelerate innovation worldwide by building a technological crowd-sourcing platform for community projects, coupled with a rich financial-exchange system and metadata layer. Members use the Master Protocol Open Source Project and precedents as benchmarks for their metadata embedding standards. For more information, please visit http://www.mastercoinfoundation.org.
Additional Quotes from MSC Holders
David Johnston, Managing Partner, BitAngels DApps Fund I: "It's important for the holders of a digital coin to reinvest in the ecosystem and build up the infrastructure that makes it valuable to users."
Jeremy Kandah, Managing Partner, BitAngels DApps Fund I: "Decentralized applications are going to disrupt the world. Technology will never be built the same. We're on the ground floor of changing the world."
J.R. Willett, Mastercoin Protocol Architect and Board Member: "I'm delighted to see so many start-ups building on top of Mastercoin, and I'm looking forward to being a big part of funding their success."
Brock Pierce, Mastercoin Foundation Board Member: "Experienced investors involved in the Master Protocol have a moral obligation to personally encourage the development of applications on top of the platform."
Ron Gross, Executive Director, Mastercoin Foundation: "The strength of a protocol lies in its ecosystem and usage. I am happy to help bolster the ecosystem surrounding the Master Protocol and encourage others to build around it."
Sam Yilmaz, Executive Director, BitAngels.co; Mastercoin Foundation Board Member: "I'm really enthused about giving my support to the distributed applications, by reinvesting MSC. DApps offer open participation and fair compensation to developers, testers, and miners, and also allows for the monetization of open source. I see this as an exciting expansion of Satoshi's original vision."
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Mar. 25, 2017 03:00 AM EDT Reads: 5,639
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Mar. 25, 2017 02:00 AM EDT Reads: 2,773
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 25, 2017 01:45 AM EDT Reads: 1,411
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Mar. 25, 2017 12:15 AM EDT Reads: 1,541
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Mar. 25, 2017 12:00 AM EDT Reads: 448
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Mar. 24, 2017 11:45 PM EDT Reads: 623
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
Mar. 24, 2017 11:15 PM EDT Reads: 2,489
TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies' information technology needs. By understanding these buyers' content consumption behaviors, TechTarget creates the purchase inte...
Mar. 24, 2017 10:15 PM EDT Reads: 4,146
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
Mar. 24, 2017 10:00 PM EDT Reads: 1,875
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Mar. 24, 2017 08:15 PM EDT Reads: 301
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Mar. 24, 2017 06:30 PM EDT Reads: 2,618
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
Mar. 24, 2017 06:30 PM EDT Reads: 4,123
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Mar. 24, 2017 05:15 PM EDT Reads: 1,307
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Mar. 24, 2017 04:45 PM EDT Reads: 1,776
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
Mar. 24, 2017 04:30 PM EDT Reads: 2,274