Mastercoin Seeks Second Start With Omni Reboot
Mastercoin's leadership team admits it has been fighting an uphill battle. The project, one of the first in the crypto 2.0 space - perhaps by virtue of its early status and public controversies - continues to be dogged by outspoken critics who seek to decry the project as dead. The decline has been sharpened by the spike in interest surrounding competitor Counterparty, which after launching in 2014 forged a partnership with Overstock and has seen new entrepreneurs use its platform to release assets on the bitcoin blockchain. In 2015, however, Mastercoin is seeking to turn the page as Omni,....
Related News
Mastercoin launched its distributed exchange today. Mastercoin has launched a decentralized exchange feature, which is in effect a distributed exchange. Several months ago, the Mastercoin team launched the idea for this type of exchange. The concept had potential, as shown by the raising of 4.740 Bitcoins in a public kickstarter (this was worth about $600.000 at the time). The development process had contests for bounties to get developer's attention. “We got some excellent developers to kick in and start developing four different wallets, and saw the ‘Bitcoin 2.0’ ecosystem built up from....
PRESS RELEASE. Omni Futures LLC has received significant interest since its recent founding and is starting series A funding from additional investors for a new project, Omni II, to develop additional infrastructure in cryptocurrency mining. According to Ali Farhat, Managing Director of Omni Futures, “Overwhelming interest in a new proprietary mining technology has shown demand for a build-out of our infrastructure.” To develop Omni II for anticipated launch during calendar year 2021, an investor roadshow is being planned, with stops in New York, Miami, Las Vegas, Los Angeles,....
Omni Layer, the initiative to build a protocol layer over the Bitcoin blockchain and other systems, is a pretty intense project. The software allows users to transact with tokens with asset representations. Omni has so many versatile uses that it provides a cryptocurrency asset landscape in this environment. The omni asset, being the first to be....
Alternative currencies have become a popular topic in the Bitcoin space. We have Litecoin and Primecoin introducing alternative mining algorithms with novel properties, PPCoin replacing mining entirely with a non-costly alternative, Ripple creating a cryptocurrency network that can store credit relationships and user-defined currencies, and over seventy more up and running with new ones being created every week. One particularly interesting project that has received a large amount of attention over recent months, however, is Mastercoin. The key difference in Mastercoin is this: rather than....
Bitcoin.com recently chatted with the Omni Foundation’s Patrick Dugan about the project Omni Layer. Omni has launched another release cycle of the Omni Layer platform. The platform creates a layer over the Bitcoin blockchain, enabling various use cases for asset trading and creation. Omni Layer and Blockchain-Based Bearer Bonds. In the interview with....