Bitcoin Security Enforcer Needed for Mastercoin Projects – $1000 referral bounty

CC 2.0 License Wikimedia

We want someone to manage the security testing for Mastercoin clients. The job description would mainly consist of:

  1. Creating bounties
  2. Publishing them on various channels
  3. Evaluating the responses and coordinating fixes with the dev team
I started this as an hourly bounty ($40/hr plus dev MSC distribution), but it can may evolve to be more than that.
We will pay a $1000 (paid in btc) bounty if you refer the person who is hired.
Please send an email to dom (at)
Bitcoin Security Enforcer Needed for Mastercoin Projects – $1000 referral bounty

Meet Ups and More Mastercoin Bounties

Week 47.2013

Big things are happening and we need your help.  But before we get into that we have a video of Ron Gross, Mastercoin Foundation’s Executive Director, speaking about Mastercoin at the Mastercoin Israel meet up which took place earlier this week.


Now that you had a chance to watch that video and know all about Mastercoin, you’re ready to kick down some bounties!

Earlier today we kicked-off the first Documentation Contest with a $5000 Bounty.  We also have a few other bounties open as well as several job opportunities.  And if you have some great ideas we also now how a process for proposing bounties as well.  If you need some more ideas check out the slides form Ron’s presentation.

Mastercoin Slides

If you are into the 300 BTC Distributed Exchange Code Contest taking place right now we have a list of all the GitHub repo’s which have been updated.  Head over to the development thread on to see how you can help in development or testing.

We now have local chapters in New York, Israel, UK and China. Thank you to those who made this possible.

Active Bounties

Check the Bounty spreadsheet for links to these opportunities.  If you decide to take on a bounty and recommend a bounty give some thoughts the responsibilities of what it means to being a feature owner.

Bounty Name Bounty Size Currency
Spend from Multisig 1500 USD
Localization of at least one client 500 USD
Document a rough plan to migrating off the Bitcoin blockchain into a new altchain (possibly merged mined) 300 USD
Economic research – why does MSC have value? 500 USD
First peer reviewed academic paper about Mastercoin 1000 USD
Get an existing nonprofit organization to accept Mastercoin 200 USD
Build a budget website 1000 USD
Write spec for voting on Bounties 250 USD
Write a white paper for BitAngels on how to use the Mastercoin Smart Property / User Currencies to list a BitAngelscoin 1000 USD

Have some great ideas?  Voice yourself.  And see our Bounty Process.

Open Positions

See the Open Positions List on Trello.

Currently looking for:

Security Auditor
Chief Financial Officer
Executive Assistant
Social Media Analyst
Project Manager

Protocol & Proposals

The Mastercoin Protocol v1.2 master repository on GitHub

Proposal for Standardizing the Distribution Rate of Dev MSC via the MSC Protocol

Code Repositories

Below are the repo’s on GitHub which have been updated recently.  Click on the link for more details.








If you are interested in project statistics head over to


MSC Price Chart as of 22-NOV-2013 :

chart_1 (3)

(X-axis: time; Y-axis: Price of 1 MSC in BTC)

Note that trading is manual at this time, a list of contacts is in the Order Book spreadsheet.


The Mastercoin community is expanding rapidly, here are some of the sites where you can find us and join in the conversation:












Ron Gross, Executive Director, Mastercoin Foundation will be speaking at Inside Bitcoin taking place in Las Vegas December 11-13.

Local Chapters

We now have local chapters in New York, Israel, UK and China.  Thanks to all who made this possible:

Israel – founded by Ofer RotemStas Oskin and Amnon Gilboa.
China – founded by Red Li and Zhen Li.
UK – founded by Eric Benz.
New York – founded by Jeffrey Parries.

Interested in starting your own local chapter here are the instructions.

Mastercoin Foundation

Smart Property Lead

We are excited to announce a new addition to the team: Taariq Lewis recently took on the Smart Property Lead position.


Mastercoin Fund Ledger (MSC) 10071.6150979
Exodus MSC 563162.35762218 End of Exodus 9/1/2013
Dev MSC 56316.235762218 Years since Exodus 0.22569854646742
Total MSC 619478.593384398 Available Dev MSC 8155.66935554026
Mastercoin Primary Fund Ledger (BTC)
Beginning Balance 4740.6200979
Overall Balance 4436.2910979

Source: Fund Ledger

Meet Ups and More Mastercoin Bounties

Calling All Writers: Mastercoin Documentation Contest – $5000 Bounty

logo mscThe first documentation contest is underway and we are looking for people to contribute.  Our goal is to crowd-source world-class documentation of all things Mastercoin for our Wiki.

For inspiration we would love if the Wiki content is on par with the professional approach of these: Ripple Wiki, Wiki, or API documentation and Support.


Document as much as possible by using social media channels to obtain the best, crowd sourced content.


The total bounty will be $5000.  Contest ends December 3, 2013 at Midnight GMT.


The bounty will be divided up by number of pages posted to the Wiki.   Only QUESTION (#1), ANSWER (#2) and WIKI (#4) tasks are paid and split equally.

Anyone can work on an item so if you only do #1 or #2 or #4 then you will only get 33% credit so long as it is completed and gets through #4; the only exception is when there are translations involved.

For example, if 50 pages are posted each page gets paid out $100, if you did four #1 tasks of Trello items that were posted in English and translated into Hebrew then you will receive $100.

$5000 / 50 = 100, $100 / 4 = $25, $25 x 4 = $100

Get Started:

Start out on the contest’s Trello Board, we have seeded it with several topics.  You can log in using a google account or set up an account.

If you do not see a question or subject matter that you want to work on, post a comment here describing the subject or question, please keep it simple (i.e, What is Mastercoin; Mastercoin Links; Constructing a Transaction; Transaction Processing).

We are paying out on content already submitted. If you already have content on the Wiki you should post a comment on the Trello board with a link to the content.

If you are translating into a second language, make a comment on the Trello item so you get credit (make sure to include a link to the wiki article in another language).


    1. QUESTION: Post a link on the Trello Card to at least one question on Quora or or some other location on the Internet.  Once this is done one of the Admin’s will move it to the Answers list.  If the Question does not exist, post a comment in the card titled “POST MORE QUESTIONS HERE“.

2. ANSWER: When you get some answers (you can answer your own question, but the purpose is for it to be a community effort) pull together the content you believe should be used for that particular item and post it to the Trello Card.  Once this is done one of the Admin’s will move it to the Voting list.

3. VOTING: You must get 3 Votes on your Trello Card and no one making an absolute objection to your content.  We will ask the developers and the Board members to vote.  Feel free to post on

4. WIKI: Once the content is up-voted someone will need to obtain a log in to the Mastercoin Wiki and add a page with the content.  Then put the wiki link into the Trello Card and post on the contest discussion board on that you are done.

Contest will end  at midnight GMT on December 3, 2013.

Please post questions here as a comment and they will be answered within 24 hours.

Calling All Writers: Mastercoin Documentation Contest – $5000 Bounty