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Minor corrections #19

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8 changes: 4 additions & 4 deletions README.md
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Expand Up @@ -65,7 +65,7 @@ to be immensely successful, how the different types of decentralized
applications can be classified, and introduces terminology that aims to
be accurate and helpful to the community. Finally, this paper postulates
that these decentralized applications will some day surpass the world’s
largest software corporations in utility, user-base, and network
largest software corporations in utility, user-base, efficiency, and network
valuation due to their superior incentivization structure, flexibility,
transparency, resiliency, and distributed nature.

Expand Down Expand Up @@ -191,7 +191,7 @@ because they don’t issue and manage a token. (The development and
operation of these projects depends on donations instead.)

### The value of DApps and their tokens
For a complete analysis about why tokens associated with DApps, and the networks powering the DApps are valuable, [see this paper](https://docs.google.com/document/d/1Qh0KIQpy3Ob070BKHNA82fYGL0atlGSfmKCKJpS-QH8/edit).
For a complete analysis about why tokens associated with DApps, and the networks powering the DApps are valuable, [see this paper](https://github.com/DavidJohnstonCEO/TheValueofAppCoins).

The operation of a DApp
-----------------------
Expand Down Expand Up @@ -315,7 +315,7 @@ Operating under open-source licenses allows DApps to be open for
innovation without restrictions of copyright or patent. In addition, by
being completely open-source, decentralized applications can operate
under the legal model of open-source software. Bitcoin, for example,
uses the MIT open-source software license. The Master Protocol
uses the [MIT open-source software license](http://opensource.org/licenses/MIT). The Master Protocol
similarly, requires all code that is based on it to be open-source and
available to the community.

Expand Down Expand Up @@ -450,7 +450,7 @@ The current state of type II and III DApps

One mechanism by which type II DApps can leverage the block chain of
type I DApps is by embedding additional data to the transactions taking
place in the type I DA. The Master Protocol, for example, embeds
place in the type I DApp. The Master Protocol, for example, embeds
additional data on the transactions of the Bitcoin network. Although
currently (February 2014) Mastercoin embeds its additional data in an
ad-hoc way into the Bitcoin block chain, the release of the 0.9 version
Expand Down