[Linuxptp-users] Stuck in the ptp4l command

[Namit A. <nam...@gm...>]

Hi All,
         I am running linuxptp in software mode. This is the command that 
I gave:
ptp4l -i eth0 -m -S
ptp4l[2562.960]: port 1: INITIALIZING to LISTENING on INITIALIZE
ptp4l[2562.961]: port 0: INITIALIZING to LISTENING on INITIALIZE
ptp4l[2569.982]: port 1: LISTENING to MASTER on 
ANNOUNCE_RECEIPT_TIMEOUT_EXPIRES
ptp4l[2569.982]: selected best master clock 080027.fffe.907de9
ptp4l[2569.982]: assuming the grand master role

It is stuck at this point. Is there any solution for this??

Also, can you explain me who is master, grandmaster and slave here. My 
guess is system clock is slave, eth0 is master and ptp4l is grandmaster. 
Am I right or wrong??