[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 521.

xms

full member

Activity: 223

Merit: 100

Quote from: Crypto Details on June 10, 2017, 12:33:55 PM

★ ☆ ✮ ✯ ✮ ✯ ✯ ✯ ✮ ☆ ★

Dear XMG Community,

Just added Magi (XMG) in our Directory.

In case of any query feel free to contact us anytime.

⇨ www.cryptodetails.com

hello all,

new exchange listed here, very good work everybody

gr xms

Crypto Details

newbie

Activity: 57

Merit: 0

https://www.cryptodetails.com/images/logo.png

★ ☆ ✮ ✯ ✮ ✯ ✯ ✯ ✮ ☆ ★

Dear XMG Community,

Just added Magi (XMG) in our Directory.

In case of any query feel free to contact us anytime.

⇨ www.cryptodetails.com

msada777

newbie

Activity: 14

Merit: 0

Quote from: rotzbouf on February 08, 2017, 06:12:27 AM

I will keep a eye on this coin. Looks quite promising.

yes dear it is only thinking of your people which gave you strength to your work.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: zhongzy on June 09, 2017, 10:12:49 PM

its impossible to speculate long term but if you believe the project has potential then hold and let it grow.

I agree with those words. Magi is a long-term currency.

http://cryptoguru.tk/Faucet/index.php?Currency=XMG
Faucet is working fine!
Free Magi (XMG)

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: chalsengi on June 09, 2017, 10:06:25 PM

The M7 revision used by this coin is interesting to me. I'm trying to find an algo that is truly CPU-only, in that both GPU and ASIC miners cannot at any time in the future replace CPU efficiency for mining.

I think that a CPU-only algo is very important for phone mining (and storage-mining too actually), and I see a huge user base potential for such an algo in the future.

Where can I find more details as to how the algo is now and forever 'CPU-only'. Is there source code?

I thought there is a android app were you can mine Magi M7. I can not find it at the moment. I will post the link here when i do. If you like to receive more info pls check the OP or join Slack and share your questions with our developer/team. You are welcome.

zhongzy

sr. member

Activity: 546

Merit: 250

its impossible to speculate long term but if you believe the project has potential then hold and let it grow.

chalsengi

newbie

Activity: 49

Merit: 0

The M7 revision used by this coin is interesting to me. I'm trying to find an algo that is truly CPU-only, in that both GPU and ASIC miners cannot at any time in the future replace CPU efficiency for mining.

I think that a CPU-only algo is very important for phone mining (and storage-mining too actually), and I see a huge user base potential for such an algo in the future.

Where can I find more details as to how the algo is now and forever 'CPU-only'. Is there source code?

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Quote from: The Frisian on June 09, 2017, 05:43:03 AM

Quote from: HR on June 08, 2017, 05:22:56 PM

How does PoS-II stack up against Ouroboros?

Is there already a coin using Ouroboros instead of a "old" POS blockchain protocol?

http://i64.tinypic.com/2m35k46.jpg

Link ? : https://bitcointalksearch.org/topic/ouroboros-a-self-docking-blockchain-1941842

I'm more interested in knowing how PoS-II compares with Ouroboros, specifically with respect to what they consider to be a fundamental design challenge.

"The PoS Design challenge. A fundamental problem for PoS-based blockchain protocols is to
simulate the leader election process. In order to achieve a randomized election among stakeholders,
entropy must be introduced into the system, and mechanisms to introduce entropy may be manipulated
by the adversary. For instance, independently of the solution, an adversary controlling
a set of stakeholders may choose to simulate the protocol execution trying different sequences of
stakeholder participants so that it finds a favorable chain continuation that biases the leader election.
To prevent this manipulation, honest stakeholders must be able to add sufficient entropy and
counter any lookahead performed by the adversary." - https://iohk.io/research/papers/#9BKRHCSI

I'm no coder, but I can read and understand the basics as well as comprehend the theoretical, and it seems to me that PoS-II does a very good job of addressing this "fundamental challenge". I'm hoping for serious treatment of the subject, which I think would also put PoS-II in a very favorable light.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: The Frisian on June 09, 2017, 05:43:03 AM

Quote from: HR on June 08, 2017, 05:22:56 PM

How does PoS-II stack up against Ouroboros?

Is there already a coin using Ouroboros instead of a "old" POS blockchain protocol?

Link ? : https://bitcointalksearch.org/topic/ouroboros-a-self-docking-blockchain-1941842

Thanks theFrisian. Will keep eye on it.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: 111magic on June 08, 2017, 04:16:35 PM

Magi added on new Crypto trade platform.
See message below:

Coin Magi (XMG) Listed in CryptoDAO Limited- Crypto Trade Platform, Multi Wallet and Crypto Loan Provider(Beta Version)
Send us Coin Magi Bounty/Donation: 96zQCZi3D2PsYYcM2zH8HZx7YVyBF8Zvds

Our Standard Platform:
BTC/XMG:https://cryptodao.com/site/index/XMG/BTC
LTC/XMG:https://cryptodao.com/site/index/XMG/LTC
ETH/XMG:https://cryptodao.com/site/index/XMG/ETH
USD/XMG:https://cryptodao.com/site/index/XMG/USD
RUR/XMG:https://cryptodao.com/site/index/XMG/RUR

MT4 Based PRO Webtrade Platform
BTC/XMG: https://cryptodao.com/trade2/index?symbol=cryptodaoxmgbtc

Coin Magi Webwallet
https://cryptodao.com/site/register

Thanks Cryptodao and welcome in our Magi community!

Added here yesterday

Let's help Magi and bring some volume there!

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: The Frisian on June 09, 2017, 05:43:03 AM

Quote from: HR on June 08, 2017, 05:22:56 PM

How does PoS-II stack up against Ouroboros?

Is there already a coin using Ouroboros instead of the "old" POS blockchain protocol?

Really dont know. Maybe Joe knows this!

The Frisian

legendary

Activity: 1019

Merit: 1003

Senior Developer and founder of ViMeAv ICT

Quote from: HR on June 08, 2017, 05:22:56 PM

How does PoS-II stack up against Ouroboros?

Is there already a coin using Ouroboros instead of a "old" POS blockchain protocol?

Link ? : https://bitcointalksearch.org/topic/ouroboros-a-self-docking-blockchain-1941842

HR

legendary

Activity: 1176

Merit: 1011

Transparency & Integrity

Quote from: 111magic on June 08, 2017, 11:27:27 AM

Quote from: Ryan Dugan on June 08, 2017, 11:21:58 AM

Quote from: 111magic on June 06, 2017, 02:45:40 PM

Quote from: Ryan Dugan on June 06, 2017, 02:42:31 PM

I thought this eas a nonesense coin. Then I see thst massive cap the huge jump and value of the coin. I thought a out it before
but I never bought. Regret regret.... What you gonna do ? I do wish I had bought back then and staked till now. That would have been great.

You are still in time amigo. Magi is just starting up. More and more developments & improvements are coming.

Ok cool but help me understand something. What is M7 algo ?? Never heard of it. Please say it is an asic resistance. I hate those things.
I saw the graph on bittrex damn man I should have bought a few days ago. Unless I can mine it I don't know. Thank you for the help much appreciated.

Oh who are you btw ? Part of the team or just a large bag holder ?

Welcome amigo. I'am part of the Magi team.
Not a large bag holder.
Check this post of our genius developer and it gives you answers.

https://bitcointalksearch.org/topic/m.9991269

https://bitcointalksearch.org/topic/m.8307440

https://bitcointalksearch.org/topic/m.17799521

There are good links with much info.

I've been dying for the opportunity to ask this. Grin

How does PoS-II stack up against Ouroboros?

They're both favorites of mine. What are the main similarities and differences? And, can you give us again an exec summary for the improvements on PoS?

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: starmman on June 08, 2017, 04:36:53 PM

Quote from: 111magic on June 08, 2017, 04:16:35 PM

Magi added on new Crypto trade platform.
See message below:

Coin Magi (XMG) Listed in CryptoDAO Limited- Crypto Trade Platform, Multi Wallet and Crypto Loan Provider(Beta Version)
Send us Coin Magi Bounty/Donation: 96zQCZi3D2PsYYcM2zH8HZx7YVyBF8Zvds

Our Standard Platform:
BTC/XMG:https://cryptodao.com/site/index/XMG/BTC
LTC/XMG:https://cryptodao.com/site/index/XMG/LTC
ETH/XMG:https://cryptodao.com/site/index/XMG/ETH
USD/XMG:https://cryptodao.com/site/index/XMG/USD
RUR/XMG:https://cryptodao.com/site/index/XMG/RUR

MT4 Based PRO Webtrade Platform
BTC/XMG: https://cryptodao.com/trade2/index?symbol=cryptodaoxmgbtc

Coin Magi Webwallet
https://cryptodao.com/site/register

Thanks Cryptodao and welcome in our Magi community!

Cool, always good to get a new exchange involved - does the multi wallet also stake?

Didn't hear of this one before, is it well established/trusted?

I dont have any spare magi to offer on the exchange right now. I think We'll need a few people to put some Magi and/or BTC into the exchange to get some liquiduty

Looks like its English and Chinese!
Thats awesome! Magi likes a exchange with Oriental language

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: evok3d on June 08, 2017, 04:41:55 PM

Quote from: Ryan Dugan on June 06, 2017, 02:42:31 PM

I thought this eas a nonesense coin. Then I see thst massive cap the huge jump and value of the coin. I thought a out it before
but I never bought. Regret regret.... What you gonna do ? I do wish I had bought back then and staked till now. That would have been great.

MAGI has not even started yet. I have been in and out of the community for some years now. There are not many coins with this many pages in their thread and the great vibe and advice by the people involved. I really have a strong belief that XMG will come around soon enough.

Good work!

Hello Evok3d, welcome back amigo & thanks for the good words!

evok3d

sr. member

Activity: 534

Merit: 250

The Protocol for the Audience Economy

Quote from: Ryan Dugan on June 06, 2017, 02:42:31 PM

I thought this eas a nonesense coin. Then I see thst massive cap the huge jump and value of the coin. I thought a out it before
but I never bought. Regret regret.... What you gonna do ? I do wish I had bought back then and staked till now. That would have been great.

MAGI has not even started yet. I have been in and out of the community for some years now. There are not many coins with this many pages in their thread and the great vibe and advice by the people involved. I really have a strong belief that XMG will come around soon enough.

Good work!

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: 111magic on June 08, 2017, 04:16:35 PM

Magi added on new Crypto trade platform.
See message below:

Coin Magi (XMG) Listed in CryptoDAO Limited- Crypto Trade Platform, Multi Wallet and Crypto Loan Provider(Beta Version)
Send us Coin Magi Bounty/Donation: 96zQCZi3D2PsYYcM2zH8HZx7YVyBF8Zvds

Our Standard Platform:
BTC/XMG:https://cryptodao.com/site/index/XMG/BTC
LTC/XMG:https://cryptodao.com/site/index/XMG/LTC
ETH/XMG:https://cryptodao.com/site/index/XMG/ETH
USD/XMG:https://cryptodao.com/site/index/XMG/USD
RUR/XMG:https://cryptodao.com/site/index/XMG/RUR

MT4 Based PRO Webtrade Platform
BTC/XMG: https://cryptodao.com/trade2/index?symbol=cryptodaoxmgbtc

Coin Magi Webwallet
https://cryptodao.com/site/register

Thanks Cryptodao and welcome in our Magi community!

Cool, always good to get a new exchange involved - does the multi wallet also stake?

Didn't hear of this one before, is it well established/trusted?

I dont have any spare magi to offer on the exchange right now. I think We'll need a few people to put some Magi and/or BTC into the exchange to get some liquiduty

111magic

legendary

Activity: 1750

Merit: 1005

Magi added on new Crypto trade platform.
See message below:

Coin Magi (XMG) Listed in CryptoDAO Limited- Crypto Trade Platform, Multi Wallet and Crypto Loan Provider(Beta Version)
Send us Coin Magi Bounty/Donation: 96zQCZi3D2PsYYcM2zH8HZx7YVyBF8Zvds

Our Standard Platform:
BTC/XMG:https://cryptodao.com/site/index/XMG/BTC
LTC/XMG:https://cryptodao.com/site/index/XMG/LTC
ETH/XMG:https://cryptodao.com/site/index/XMG/ETH
USD/XMG:https://cryptodao.com/site/index/XMG/USD
RUR/XMG:https://cryptodao.com/site/index/XMG/RUR

MT4 Based PRO Webtrade Platform
BTC/XMG: https://cryptodao.com/trade2/index?symbol=cryptodaoxmgbtc

Coin Magi Webwallet
https://cryptodao.com/site/register

Thanks Cryptodao and welcome in our Magi community!

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: Ryan Dugan on June 08, 2017, 11:21:58 AM

Quote from: 111magic on June 06, 2017, 02:45:40 PM

Quote from: Ryan Dugan on June 06, 2017, 02:42:31 PM

I thought this eas a nonesense coin. Then I see thst massive cap the huge jump and value of the coin. I thought a out it before
but I never bought. Regret regret.... What you gonna do ? I do wish I had bought back then and staked till now. That would have been great.

You are still in time amigo. Magi is just starting up. More and more developments & improvements are coming.

Ok cool but help me understand something. What is M7 algo ?? Never heard of it. Please say it is an asic resistance. I hate those things.
I saw the graph on bittrex damn man I should have bought a few days ago. Unless I can mine it I don't know. Thank you for the help much appreciated.

Oh who are you btw ? Part of the team or just a large bag holder ?

The M7M algorithm is unique to magi - it effectively combines a few algorithms together to make it very difficult to ASIC and also has an inbuilt limit which reduce rewards as hash power increases which makes it more difficult for large miners from coming in and taking all the coin.

Magi is very unique (and also good for the environment - as it needs less power to PoW), I suspect it could cause some interesting supply/demand mechanics as popularity grows

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: Ryan Dugan on June 08, 2017, 11:21:58 AM

Quote from: 111magic on June 06, 2017, 02:45:40 PM

Quote from: Ryan Dugan on June 06, 2017, 02:42:31 PM

I thought this eas a nonesense coin. Then I see thst massive cap the huge jump and value of the coin. I thought a out it before
but I never bought. Regret regret.... What you gonna do ? I do wish I had bought back then and staked till now. That would have been great.

You are still in time amigo. Magi is just starting up. More and more developments & improvements are coming.

Ok cool but help me understand something. What is M7 algo ?? Never heard of it. Please say it is an asic resistance. I hate those things.
I saw the graph on bittrex damn man I should have bought a few days ago. Unless I can mine it I don't know. Thank you for the help much appreciated.

Oh who are you btw ? Part of the team or just a large bag holder ?

Welcome amigo. I'am part of the Magi team.
Not a large bag holder.
Check this post of our genius developer and it gives you answers.

https://bitcointalksearch.org/topic/m.9991269

https://bitcointalksearch.org/topic/m.8307440

https://bitcointalksearch.org/topic/m.17799521

There are good links with much info.

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 521. (Read 2375642 times)