Mastercoin.pro mining Site

J. R. Willett published the first draft of the Mastercoin protocol in January 2012 as a white paper, in which he proposed that existing Bitcoin protocol “can be used as a protocol layer, on top of which new currency layers with new rules can be built without changing the foundation.”

The Mastercoin project officially launched on July 31, 2013, with a month-long fundraiser in which anyone could buy Mastercoins - the digital tokens that the protocol uses to conduct transactions – by sending bitcoins to a special “Exodus Address”.

The idea was that as the platform was being developed, the tokens would become more valuable and investors could sell their Mastercoins to realize a return.

A nonprofit organization called the Mastercoin Foundation was formed to handle the funds sent to the address.[2]Despite warnings that Mastercoin might just be an elaborate scam, some 500 people invested, sending a total of about 5,000 bitcoins worth about US$500,000 at the time.

As of January 2014, J.R. Willet is employed full-time by the Mastercoin Foundation as "chief architect"

As of February 2014, Mastercoin was the world's seventh largest cryptocurrency by market capitalization

In April 2014, MaidSafe used a crowdsale to raise over $7,000,000 in Mastercoins and Bitcoins. The value of the Mastercoins (half the currency) subsequently declined, leaving the total from the sale at $5,500,000. In July, MaidSafe COO Nick Lambert was among a number of people joining the Mastercoin board as observers.

In March 2015 Mastercoin efforts were rebranded as Omni. Omni role in Bitcoin ecosystem is declared as being a platform for decentralized protocols like Factom and MaidSafe. A common analogy that is used to describe the relation of the Omni Layer to Bitcoin is that of HTTP to TCP/IP: HTTP, like the Omni Layer, is the application layer to the more fundamental transport and internet layer of TCP/IP, like Bitcoin.

LEGIT OR SCAM?

Mastercoin.pro is LEGIT.

So I jumped on the 'free plan' cloud mining bandwagon a few months back(in December 2019)

I know that there are free cloud mining scams everywhere. In fact, cloud mining is more or less a scam at this point. But hear me out.

I signed up for this free cloud mining service in 2019 December(about 27th of December) and I saw that they had a free plan.

So I inputed my details, started mining ETH and forgot about it. Like any normal person.

About 3 weeks later(today), I was greeted with an alert from my Luno app. Turns out that this free cloud mining platform had sent me their ETH minimum withdrawal amount(0.008) minus their free account fee(0.002)

And here is a screenshot of the withdrawal request.

Yes, I'm also shocked at the fact that I got paid.

So I'm here now to personally tell you that Mastercoin.pro is NOT a scam. Remember, I didn't pay any upfront costs to get that money, and the fact that that's possible is just insane.

I'm not endorsing that you actually go ahead and PAY for any of their services. You can cash out completely free if you're into that kind of thing.

Sign up here if you're interested.

https://mastercoin.pro/?ref=vanessaagsangre

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