'Stablecoin History: The Master of All AltCoins' by AlyzeSam cryptocurrency stablecoins
temporary central role in the Mastercoin protocol”
"Alternate blockchains [that] compete with Bitcoins financially, confuse our message to the world, and dilute our efforts. These barriers interfere with the adoption momentum of Bitcoin and the adoption momentum of alternate currencies as well, regardless of how well-conceived their rules may be."Colored Coins were repeatedly noted as the beginning of Bitcoin 2.0, as the expansion of utility in the Bitcoin blockchain.
"I think criminals will prefer to deal with stable currencies rather than unstable ones. Also, betting on data streams will likely be a breeding ground for insider trading. ." With the emergence of Mastercoin, several similarly advanced technologies surfaced, including Tether, Factom, and Mastercoin's main competitor, Counterparty, which reached the front as the best technology in enhancer space by the end of 2013. Many projects were inspired by Mastercoin and started offering innovative services to their clientele while leaving them stress-free about blockchain safety concerns.
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