[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 587.

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: joelao95 on January 29, 2017, 02:40:25 PM

Quote from: starmman on January 29, 2017, 03:51:50 AM

- has the _II gone? I always associate magi with Σ_II

IMO it might be better to drop the _II thing off; II was initially correlating with PoS, so called "PoS-II", which, from what I can see, is sort of mixing with, for example, PoS2.0 or whatsoever few other PoS things out there. Regarding PoS, I'm under impression of putting a more general representation of, say magi's PoS, and would give the abbreviation mPoS a go, which was mentioned a while ago as a planned thing. Additionally, considering II is not much related to PoW, Σ itself stands for magi (currency symbol as well), and for both PoW and PoS.

Quote from: starmman on January 29, 2017, 03:51:50 AM

- will new users easily be able to associate the coin with the logo?

A good point. Actually that's been one of the reasons I had in mind to make such a change. The present version looks pretty, but not so distinct to distinguish the sigma, especially when it comes to 16x16; for example, the icon on http://coinmarketcap.com/currencies/magi/. Making the sigma distinct at a small scale, and standing out from a list of coin icons would benefit obviously. According to my tests, the new wallet has a better visual across a couple of different desktops. When we talk about the big version like 1024, however, it isn't looking so nice; better designs with enhancements would make it better, and I hope I can improve further or someone can help.

Let me know any ideas, and if one wants to try different designs.

Thanks for the clarification Joe - then all makes sense to me =)

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: ?? on ??

What is exactly the end goal of magi

That's one for Joe or 111magic to answer officially =)

I see Magi as a coin that is scaled for fairness, the algorithm is unique as it stops rewarding when big miners get on board - so makes it better for the smaller miner and deters the larger miner. This could make the coin valuable - and helps with even distribution, since its difficult to mine a lot of - it could also make the larger miners move away from the coin as they can't make immediate profit - but as more people get involved I think the rarity of the coin will increase and this will hopefully translate to greater value.

There is certainly no other project like Magi around. It has quite a few USP's.

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: preble on January 30, 2017, 10:21:55 PM

this community is much more active than coins that have 10 times the market cap. either magi is way undervalued or the others are overvalued or both.

Thanks for the nice words Preble & CrazyC265.
Magi community is indeed very friendly and active.
You are very welcome here!

preble

newbie

Activity: 54

Merit: 0

this community is much more active than coins that have 10 times the market cap. either magi is way undervalued or the others are overvalued or both.

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: byter.sky on January 30, 2017, 01:11:23 PM

looks like again till 10k we can go now easy . Best time to buy now cheap Wink

Haha, hope it says lower for a bit longer - so more people can get involved. I also think Magi will hit 10k again sometime this year,

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: s0sunny on January 30, 2017, 12:37:12 PM

Is POI campaign still running? If yes, how long it will last?

POI ended a couple of weeks ago - the payout was 6.7%, pretty good for 3 months of keeping funds in a wallet - I've been picking a few extra Magi up whilst they have been relatively cheap.

byter.sky

sr. member

Activity: 428

Merit: 250

looks like again till 10k we can go now easy . Best time to buy now cheap Wink

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: s0sunny on January 30, 2017, 12:37:12 PM

Is POI campaign still running? If yes, how long it will last?

No amigo POI campaign IV was finished. Magi hopes to launch a new POI campaign in the future.

s0sunny

newbie

Activity: 32

Merit: 0

Is POI campaign still running? If yes, how long it will last?

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: the_drugs on January 30, 2017, 11:38:10 AM

You'll have to excuse me if this has been answered somewhere else earlier in the thread. I tried searching and I think i understand but I'm not too sure
for POW, this is just like any other coin, you mine and get rewards, seems simple enough. Go too high in hash and the difficulty will increase to negatively impact performance, again, makes sense.
for POS, as I understand it, all you need to do is hold coins in the wallet, and you'll incur basically "interest"? Is this correct?
Sorry, somewhat new to magi and very excited to get on board!

No problem if those questions are asked before. Reading all posts here (730) pages takes days

https://bitcointalksearch.org/topic/m.9991269
Above the link with more info about POS.

Magi also had (4 times) the Proof of Interest campaigns were you can receive interest with keeping coins in your wallet. Last Poi campaign gave 6.7% Interest.
Any questions just ask and welcome.

the_drugs

newbie

Activity: 40

Merit: 0

You'll have to excuse me if this has been answered somewhere else earlier in the thread. I tried searching and I think i understand but I'm not too sure
for POW, this is just like any other coin, you mine and get rewards, seems simple enough. Go too high in hash and the difficulty will increase to negatively impact performance, again, makes sense.
for POS, as I understand it, all you need to do is hold coins in the wallet, and you'll incur basically "interest"? Is this correct?
Sorry, somewhat new to magi and very excited to get on board!

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: AttorneyBitcoin on January 30, 2017, 02:39:07 AM

Quote from: preble on January 29, 2017, 11:43:21 PM

I see a massive pump coming for magi. The volume has increased a lot recently over 2000 a day over the last month. For a coin of this size that is very substantial.

I am also impressed with this coin. I mine and stake it in wallet. I will accept it for payment of my legal services until further notice. George D. Greenberg, Esq. www.attorneybitcoin.com

Thats very nice, thank you and welcome in our awesome Magi community!

jpx3m

newbie

Activity: 27

Merit: 0

Quote from: joelao95 on January 28, 2017, 10:33:37 PM

While this sounds secondary, I'd post preliminary switch of logo to a new version (blue the primary) for clarity and simplicity:

http://coinmagi.org/files/logo/v2/magi-blue_512x512.png

http://coinmagi.org/files/logo/v2/magi-green_512x512.png

I propose in all of the situations where logos are used a switch should be done. Pls help to spread the words.

Here is a link to png files: http://coinmagi.org/files/logo/v2/, where you can also find the .svg. You're very welcome to improve / design logos.

@goldlabel, initial logo pngs will be remained here: http://coinmagi.org/files/logo/v1/

these logo looks great.

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: AttorneyBitcoin on January 30, 2017, 02:39:07 AM

Quote from: preble on January 29, 2017, 11:43:21 PM

I see a massive pump coming for magi. The volume has increased a lot recently over 2000 a day over the last month. For a coin of this size that is very substantial.

I am also impressed with this coin. I mine and stake it in wallet. I will accept it for payment of my legal services until further notice. George D. Greenberg, Esq. www.attorneybitcoin.com

Nice to see more positive words about magi - lets see if there is a pump - if so, I hope enough people have filled their boots this time. We still need more volume of bittrex. Great to see there are more services available =)

AttorneyBitcoin

full member

Activity: 167

Merit: 101

Quote from: preble on January 29, 2017, 11:43:21 PM

I see a massive pump coming for magi. The volume has increased a lot recently over 2000 a day over the last month. For a coin of this size that is very substantial.

I am also impressed with this coin. I mine and stake it in wallet. I will accept it for payment of my legal services until further notice. George D. Greenberg, Esq. www.attorneybitcoin.com

preble

newbie

Activity: 54

Merit: 0

I see a massive pump coming for magi. The volume has increased a lot recently over 2000 a day over the last month. For a coin of this size that is very substantial.

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

Quote from: starmman on January 29, 2017, 03:51:50 AM

- has the _II gone? I always associate magi with Σ_II

IMO it might be better to drop the _II thing off; II was initially correlating with PoS, so called "PoS-II", which, from what I can see, is sort of mixing with, for example, PoS2.0 or whatsoever few other PoS things out there. Regarding PoS, I'm under impression of putting a more general representation of, say magi's PoS, and would give the abbreviation mPoS a go, which was mentioned a while ago as a planned thing. Additionally, considering II is not much related to PoW, Σ itself stands for magi (currency symbol as well), and for both PoW and PoS.

Quote from: starmman on January 29, 2017, 03:51:50 AM

- will new users easily be able to associate the coin with the logo?

A good point. Actually that's been one of the reasons I had in mind to make such a change. The present version looks pretty, but not so distinct to distinguish the sigma, especially when it comes to 16x16; for example, the icon on http://coinmarketcap.com/currencies/magi/. Making the sigma distinct at a small scale, and standing out from a list of coin icons would benefit obviously. According to my tests, the new wallet has a better visual across a couple of different desktops. When we talk about the big version like 1024, however, it isn't looking so nice; better designs with enhancements would make it better, and I hope I can improve further or someone can help.

Let me know any ideas, and if one wants to try different designs.

starmman

legendary

Activity: 1484

Merit: 1029

Quote from: joelao95 on January 28, 2017, 10:33:37 PM

While this sounds secondary, I'd post preliminary switch of logo to a new version (blue the primary) for clarity and simplicity:

I propose in all of the situations where logos are used a switch should be done. Pls help to spread the words.

Here is a link to png files: http://coinmagi.org/files/logo/v2/, where you can also find the .svg. You're very welcome to improve / design logos.

@goldlabel, initial logo pngs will be remained here: http://coinmagi.org/files/logo/v1/

Interesting, I like the simplicity in the new logo - wondering a couple of things
- has the _II gone? I always associate magi with Σ_II
- will new users easily be able to associate the coin with the logo?

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

While this sounds secondary, I'd post preliminary switch of logo to a new version (blue the primary) for clarity and simplicity:

I propose in all of the situations where logos are used a switch should be done. Pls help to spread the words.

Here is a link to png files: http://coinmagi.org/files/logo/v2/, where you can also find the .svg. You're very welcome to improve / design logos.

@goldlabel, initial logo pngs will be remained here: http://coinmagi.org/files/logo/v1/

111magic

legendary

Activity: 1750

Merit: 1005

Quote from: starmman on January 27, 2017, 06:48:09 AM

Volume on Bittrex is nudging up a little - not sure if there is enough there to stop XMG from being delisted - but looking pretty close...

Think we need all Magi friends to help with more volume there.

Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 587. (Read 2376034 times)