Has mastercoin finally died?

[speedy]

Is anyone else tired of seeing the tonne of coins that say that they can do decentralized exchanges? Everyone is promising it including Mastercoin, yet we havent seen anything real yet. Check this out:

http://wiki.mastercoin.org/index.php/Decentralized_exchange

The Master Protocol enables the peer-to-peer exchange of any cryptocurrency or token with any other cryptocurrency or token.

Really? So why is Mastercoin tanking, and why are people still using bter.com and cryptsy if Mastercoin can do that? It seems like some people just like to blow a lot of hot air.

As I understand it, a blockchain can only be sovereign over itself, not other coins (I think Bytemaster once said that). That's why the only explanation of decentralized exchanges that I like so far is the Bitshares X model.

[emski]

Wtf is mastercore?

According to http://www.mastercoin.org/ : "The beta release of the flagship reference client of the Mastercoin Foundation for integrators, exchanges and wallets."

[xeroc]

Wtf is mastercore?

[emski]

Master Core launches in: 0d, 0h, 15m, 43s
(8pm Eastern, August 1, 2014)

[gyhy]

Down at 25 on coin market cap, it looks like they are no longer a real contender.

it's died

[bytemaster]

Down at 25 on coin market cap, it looks like they are no longer a real contender.