MasterCoin (MSC)

MasterCoin (MSC) is an open-source, fully-decentralized asset platform built on the Bitcoin blockchain. It is a software layer that enables creating and trading custom digital assets and currencies. Utilizing the most audited and secure blockchain, Bitcoin, MasterCoin transactions are conducted on the Bitcoin blockchain and provide next-generation features. By offering the ability to create tokens representing custom currencies or assets, MasterCoin has become a leading Bitcoin-based token protocol.

One of the key features of MasterCoin is its support for decentralized crowdfunding. Participants in crowd sales can send bitcoins or tokens directly to an issuer address, and the Omni Layer’s automated system delivers the crowdfunded tokens to the sender without needing a trusted third party. In addition, MasterCoin provides distributed exchanges that allow participants to trade tokens for other tokens or bitcoins directly on the blockchain, eliminating the requirement for a centralized exchange.

MasterCoin offers easy-to-use and secure web wallets, making it convenient for users to send and receive Bitcoin or Omni assets. It is integrated with top Bitcoin and altcoin exchanges, providing a seamless experience for users. The platform also features an easy-to-integrate server daemon based on Bitcoin Core and a fully-validating desktop wallet and client based on Bitcoin Qt. With over 1200M USD in asset market cap as of 2017, MasterCoin has proven to be a reliable and popular choice for asset creation and exchange on the Bitcoin blockchain.