The decentralization boom has now reached the process of exchange. MasterCoin with a help of a public fundraiser made almost 5 BTC and spent it on creating a feature that would even further increase the privacy of cryptocurrency exchange. Distributed or Decentralized The MasterCoin team, or should I say MasterCoin’s Distributed Exchange team is as all other by-projects of MSC works around Bitcoin protocol to make another layer where new currencies and digital coins could exist using the original creation of Satoshi Nakamoto. The concept is called CoinJoin and it arrive half a year ago on Bitcointalk forum, where it …

As the new generation of cryptocurrencies is beginning to show its face, another digital coin accelerator rose up to attend the next level of natural Bitcoin evolution. Second Generation Cryptocurrencies Generally speaking, second gen is expanding the functionality of digital coins beyond being a token of exchange or having speculative value. At least, this vague description of what this next gen is given to be the founder of the Bitcoin Alliance of Canada, Anthony Di Iorio. However, thing are a little more complicated. For example, let’s take MasterCoin’s layered structure. MTC are using Bitcoin as a framework upon which they …