In a double boiler, combine the chocolate and 1/2 cup butter; melt, but do not over heat; set aside to cool to room temperature.
Combine the granulated sugar and water in a small saucepan; bring to a boil.
Continue to boil, over medium heat, without stirring until the mixture reaches 240°F on a candy thermometer.
Meanwhile, beat together the egg whites, cream of tartar, vanilla extract and salt to stiff peaks.
Slowly pour in the sugar syrup in a thin stream, hitting the side of the bowl and not the beaters.
Continue beating the frosting for 10 to 15 minutes until the meringue is completely cool.
When completely cool, slowly begin to add the butter, a few tablespoons at a time; beat until smooth after each addition.
Add the melted chocolate to the meringue mixture in about 4 additions; beat well after each addition.
Continue beating until frosting reaches a spreadable consistency; this may take 15 minutes or so and may be necessary to chill the frosting, for several minutes, before beating it again to get it to stiffen; aternatively, place the frosting bowl in an ice bath while continuing to beat constantly until the icing stiffens sufficiently.