Are Mastercoin addresses Bitcoin addresses?

Question

I am reading up on Mastercoin, and I must say, it is quite confusing. Am I correct in saying that your Bitcoin address is your Mastercoin Address? If so, I have one private key that contains two cryptocurrencies?

score 3 · Accepted Answer · answered Jan 20 '14 at 12:37

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Yeah, that's right - Mastercoin uses the same address space as Bitcoin.

You can store BTC, MSC, TMSC (Test MSC), and soon many other crypto-currencies on the same address using The Master Protocol.

answered Jan 20 '14 at 12:37

ripper234

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Panos · Answer 2 · 2014-02-03T23:08:52.837

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Have a look here: www.youtube.com/watch?v=mAW-kuoZaHU and you'll probably understand how it works.

You download the blockchain with Bitcoin-QT and run my Mastercoins wallet through it.You label the addresses in your QT wallet and you can now send BTC and MSC to these addresses.

edited Feb 03 '14 at 23:08

answered Jan 28 '14 at 15:50

Panos

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link not working.. :( – user568021 Apr 21 '14 at 18:16

Are Mastercoin addresses Bitcoin addresses?

2 Answers2