Omni is a second layer protocol on top of Bitcoin that uses OP_RETURN outputs to track payments and digital assets. Omni was previously called Mastercoin.
Questions tagged [omni]
28 questions
9
votes
2 answers
How does Mastercoin avoid double-spend attacks without it's own blockchain?
Bitcoin's main innovation is the blockchain, responsible for making sure that the same bitcoin cannot be spent twice.
Mastercoin rides on top of bitcoin, but does not have it's own blockchain.
How does Mastercoin avoid double-spend attacks?
Assaf Shomer
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6
votes
1 answer
What are mastercoins used for in Mastercoin?
What are mastercoins used for in the Mastercoin system?
In Bitcoin, bitcoins are the only store of value and are spent as fees that the miners earn. In Ripple, ripples are used as a meta-currency accepted by everyone and are spent as fees that…
ThePiachu
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6
votes
1 answer
What is Mastercoin? Why does it exist?
What is Mastercoin? What is its raison d'être? Have there been any real world examples of its use?
Kinnard Hockenhull
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5
votes
2 answers
Are Mastercoin addresses Bitcoin addresses?
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?
user6398
5
votes
1 answer
does bitcoin have omni layer?
I was looking into omni protocol and couldn't quite figure out some things. I'd really appreciate your opinions. I tried to look into all the bitcoin stachexchange answers, but nothing that much related to what I am asking.
At first, I thought that…
Nika Kurashvili
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3
votes
0 answers
Developing omni USDT wallet APIs?
Is it me or does anyone find references to developing Omnicore USDT wallet REST APIs really hard to get?
I'm looking to develop 5 standalone APIs which are:
1. POST: Send Transaction (signs and return tx hash)
2. GET: Check Balance
3. GET:…
Zinxer
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3
votes
1 answer
How to create an omnilayer transaction by myself?
As far as I understand from reading a specification and this blogpost, creating Omnilayer transactions is a rather tough thing to do yourself, because format is quite intricate. Are there any examples on how to create and decode omni transactions in…
Wunsch Punsch
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3
votes
1 answer
What protocols are built on top of Bitcoin?
Mastercoin is described as:
"both a new type of currency (MSC) and a platform. It is a new protocol layer running on top of Bitcoin like HTTP runs on top of TCP/IP. Its purpose is to build upon the core Bitcoin protocol and add new features".
Are…
Jonathan Deamer
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2
votes
1 answer
missing USDT transaction in Copay or Bitpay Wallets
I have a missing transaction, a guy sent me a bitcoins USDT, on his side we can see the money went out and the transaction is confirmed, on my side the money are not at my wallet, what I can do, here is the hash…
Deyan
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2
votes
2 answers
How can I transfer tether(USDT) using omni JSON RPC API?
I looked for the information but I couldn't find that. It seemed to be done as I always do for Bitcoin though.
Any idea?
Ryu Nishida
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2
votes
1 answer
Sending Bitcoins from a Mastercoin Address
Is there any danger in sending any remaining bitcoin funds that are still sitting in a Mastercoin address, i.e. the bitcoin address from which one sent funds to the Exodus address?
Assaf Shomer
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2
votes
1 answer
How does one send and receive Mastercoins?
I don't really understand how the Mastercoin mechanics work, do I need a special client when operating with Mastercoins? And how should I proceed with the initial investment?
If I were to recieve MCSs would I use my BTC wallet and if so how do I…
user9201
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2
votes
1 answer
How can I buy Mastercoins?
What is currently the best way to purchase Mastercoins?
Are there exchanges out yet?
Do I need some special Mastercoin-Address/Wallet?
user9192
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1
vote
0 answers
Difference between Bitcoin and omni layer
I am really confused on bitcoin core and omni core. I have several doubts, regards this,
it is possible to use bitcoin node for omnicore.
can we use the bitcoin address for usdt.
if we can, how to get the blockchain raw transaction using json rpc.
Sarath Kumar
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1
vote
1 answer
Combining a Bitcoin transaction with one address holding USDT, but no BTC and using another address with BTC to pay for the fees?
I have a Bitcoin address that contains USDT, but NO BTC in it. So I cannot even send the USDT out. But I have another bitcoin address that does have BTC. Can I somehow combine these 2 addresses where I can pay the btc from one address that also pays…
Patoshi パトシ
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