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Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay] - page 649. (Read 2376030 times)

legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
OK i got the new wallet now, works great and looks great!
Does the wallet have a default split/merge settings, or do I
need to give it the commands?  Also, it would be nice if the
wallet would update the price once every 10 minutes or 1 hour.

So no "stable release" will be issued anytime soon?  Maybe you
are working on an even-better wallet update first?  The warning
at the bottom might scare off any new investors I'm thinking.

It has built-in settings; however, you can overwrite defaults by giving values in conf. This was talked in the past few pages in this thread. "update the price once every 10 minutes or 1 hour" can be done quite straightforward; however, I am not very keen into things be piled up into burdening the wallet. Right now, price is updated per your click. If more people vote for this option, I'll give it a go.

I got few things to be done to push out the finals. 0) sort of checking overall; 1) I'm a bit uncomfortable till having some minors changed, such as the icons; and 2) tried to make time for a full prepared binaries in a few OS; OSX is definitely the one. I'm bit struggled with making some time out of my work at this time as I'm upon an urgent project that has to be done as soon as I can. Either way, I'll finalize the things asap so that we can keep eye on going forward.
full member
Activity: 156
Merit: 100
OK i got the new wallet now, works great and looks great!
Does the wallet have a default split/merge settings, or do I
need to give it the commands?  Also, it would be nice if the
wallet would update the price once every 10 minutes or 1 hour.

So no "stable release" will be issued anytime soon?  Maybe you
are working on an even-better wallet update first?  The warning
at the bottom might scare off any new investors I'm thinking.
legendary
Activity: 2702
Merit: 1240
http://paperwallet.coinmagi.org/

Keep your coins save on Magi's paperwallet!!

this looks nice!

Nice; to mention, this is provided by ex33s and hosted on his VPS, and there are a few other stuffs under his support.

Both http://paperwallet.coinmagi.org/ and http://poolinfo.coinmagi.org/ is hosted on my VPS (Located in sweden fyi Smiley ).
Yes ex33s Special thanks to you for hosting those websites!!

 Maybe we could ask ex33s (or anybody else) to host also the SweetSpot server information. Right now I can't run my linux miners in energy efficient way because I couldn't find a way to get that BlockReward value from the network.

What do you guys need to make that happen?



 we need access to an API

something like this http://chainz.cryptoid.info/xmg/api.dws?q=getdifficulty but for BlockReward value not difficulty







When you have an account @ Suprnova (https://xmg.suprnova.cc) you can get this from the pool's api:

https://xmg.suprnova.cc/index.php?page=api&action=getblocksfound&api_key=

Returns something like this:

Code:
[{"id":732265,"height":891807,"blockhash":"000000002e3383297eacbcf7c9e3a309d9c5f5820ee6bc2f1c6ecb92777bfaad","confirmations":4,"[b]amount[/b]":1.41384451,"difficulty":1.60396985,"time":1467961388,"accounted":1,"account_id":72721,"worker_name":"gazk.4","shares":64989,"share_id":17891480665,"finder":"user","is_anonymous":0,"estshares":105118},
{"id":732259,"height":891804,"blockhash":"000000009f167852a45ed9c64e655fbbb839b02289f19b481c97fb57547fdb4b","confirmations":7,"[b]amount[/b]":1.41052616,"difficulty":1.34213275,"time":1467961250,"accounted":1,"account_id":118561,"worker_name":"MdbM.1","shares":75717,"share_id":17891440981,"finder":"user","is_anonymous":0,"estshares":87958},



When you click on "My Account" - just click on the Api key and replace "getuserstatus" in the URL with "getblocksfound".
newbie
Activity: 23
Merit: 0
http://paperwallet.coinmagi.org/

Keep your coins save on Magi's paperwallet!!

this looks nice!

Nice; to mention, this is provided by ex33s and hosted on his VPS, and there are a few other stuffs under his support.

Both http://paperwallet.coinmagi.org/ and http://poolinfo.coinmagi.org/ is hosted on my VPS (Located in sweden fyi Smiley ).
Yes ex33s Special thanks to you for hosting those websites!!

 Maybe we could ask ex33s (or anybody else) to host also the SweetSpot server information. Right now I can't run my linux miners in energy efficient way because I couldn't find a way to get that BlockReward value from the network.

What do you guys need to make that happen?



 we need access to an API

something like this http://chainz.cryptoid.info/xmg/api.dws?q=getdifficulty but for BlockReward value not difficulty



legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Because of the problem of not making easy money on ETH etc traders looking for other altcoins to make money.
This results in pumping easy to pump coins, first EMC2, XEM, MYR and NAV.
Also they now started with XMG.

These guys works with thousands of BTC to pump coins.
Look what happened on Polo for NAV and now for XMG.

Don't sell your coins too cheap, they can use 100 BTC to let it rise until 0.001 BTC easily
Just wait and enjoy the ride!

I have been noticing this too, but I think it will be really short since today it has started to go down in price. Still, it would be a great chance to be able to buy cheap XMG before the Proof of Interest campaign starts, as once it increases in price it will be a great opportunity to make decent profits. Now I'm going to try staking XMG on a VPS.  Smiley
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
I don't understand this, it's not my address.



I use also coincontrol having min. amounts around 500.

Where does this come from?
legendary
Activity: 1050
Merit: 1001
can you tell me were is snapshot blockchain _dont want to wait sync.
Thanks

Under the following link you'll find section "Update procedure" that has a link to block chain. 

https://bitcointalksearch.org/topic/m.15314290

http://coinmagi.org/bin/block-chain/

Please use the rc version wallet and follow the "Update procedure".
woow ,thanks a lot, it was quick Wink
full member
Activity: 181
Merit: 100
ALL,

Since I don't see any significant concerns coming up, I recommend using the new RC wallet.  


Nice, it's a very welcome update. You are doing a great job with the wallet.

Agreed, the new wallet is much faster, uses less resources, and almost no micro-managing via coin control now = huge time saver for me!
sr. member
Activity: 476
Merit: 250
ALL,

Since I don't see any significant concerns coming up, I recommend using the new RC wallet.  


Nice, it's a very welcome update. You are doing a great job with the wallet.
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
ALL,

Since I don't see any significant concerns coming up, I recommend using the new RC wallet.  
legendary
Activity: 1190
Merit: 1009
Coin of the Magi!
can you tell me were is snapshot blockchain _dont want to wait sync.
Thanks

Under the following link you'll find section "Update procedure" that has a link to block chain. 

https://bitcointalksearch.org/topic/m.15314290

http://coinmagi.org/bin/block-chain/

Please use the rc version wallet and follow the "Update procedure".
legendary
Activity: 1750
Merit: 1005
Thanks for the info! Smiley
Magi had some pump & dump in the past.
At the end Magi stays nice and stable.
Magi is looking at the future and is very proud at our awesome Magi community! Together we can achieve more!
sr. member
Activity: 428
Merit: 250
Because of the problem of not making easy money on ETH etc traders looking for other altcoins to make money.
This results in pumping easy to pump coins, first EMC2, XEM, MYR and NAV.
Also they now started with XMG.

These guys works with thousands of BTC to pump coins.
Look what happened on Polo for NAV and now for XMG.

Don't sell your coins too cheap, they can use 100 BTC to let it rise until 0.001 BTC easily
Just wait and enjoy the ride!
i think they will not pump it_just ready for delisting it.Why should they pump it  Grin
In your dreams only  Tongue .Be ready for btc pump and all altcoins dump for sure
legendary
Activity: 1750
Merit: 1005
Because of the problem of not making easy money on ETH etc traders looking for other altcoins to make money.
This results in pumping easy to pump coins, first EMC2, XEM, MYR and NAV.
Also they now started with XMG.

These guys works with thousands of BTC to pump coins.
Look what happened on Polo for NAV and now for XMG.

Don't sell your coins too cheap, they can use 100 BTC to let it rise until 0.001 BTC easily
Just wait and enjoy the ride!

Talk of a wallet update and healthy changes to rewards usually get whales interested as well.  Buy the news sell the rumor.  I am just kicking myself now that I didn't use all my money to buy XMG at 1400.   Undecided
Grin
I can understand that amigo.
But no worries Magi will receive more interest!
legendary
Activity: 1050
Merit: 1001
can you tell me were is snapshot blockchain _dont want to wait sync.
Thanks
full member
Activity: 143
Merit: 100
Because of the problem of not making easy money on ETH etc traders looking for other altcoins to make money.
This results in pumping easy to pump coins, first EMC2, XEM, MYR and NAV.
Also they now started with XMG.

These guys works with thousands of BTC to pump coins.
Look what happened on Polo for NAV and now for XMG.

Don't sell your coins too cheap, they can use 100 BTC to let it rise until 0.001 BTC easily
Just wait and enjoy the ride!

Talk of a wallet update and healthy changes to rewards usually get whales interested as well.  Buy the news sell the rumor.  I am just kicking myself now that I didn't use all my money to buy XMG at 1400.   Undecided
legendary
Activity: 1750
Merit: 1005
Because of the problem of not making easy money on ETH etc traders looking for other altcoins to make money.
This results in pumping easy to pump coins, first EMC2, XEM, MYR and NAV.
Also they now started with XMG.

These guys works with thousands of BTC to pump coins.
Look what happened on Polo for NAV and now for XMG.

Don't sell your coins too cheap, they can use 100 BTC to let it rise until 0.001 BTC easily
Just wait and enjoy the ride!
I noticed a raise in value.  Smiley
Let's wait and seen what will happen!
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
Because of the problem of not making easy money on ETH etc traders looking for other altcoins to make money.
This results in pumping easy to pump coins, first EMC2, XEM, MYR and NAV.
Also they now started with XMG.

These guys works with thousands of BTC to pump coins.
Look what happened on Polo for NAV and now for XMG.

Don't sell your coins too cheap, they can use 100 BTC to let it rise until 0.001 BTC easily
Just wait and enjoy the ride!
full member
Activity: 143
Merit: 100
Quote

One of the unique things about magi is that when hashrate goes up, PoW rewards go down.  Going static rewards for PoW would lead to higher hashrates at all times of the day.  This would lead to higher energy consumption to maintain the network, while one of the goals of this coin is to have as energy efficient of a network as possible.

The problem with going static rewards for PoS would be that sizing blocks would be extremely important.  This would be hard for new users to compete with people who are more staking experts.  One advantage to how staking currently works is that casual users can get normal sized transactions through normal use and they will occasional get stakes.  If there was a better use case for the coin casual users would be able to get stakes.  I personally like how magi stakes, but I just want all of the dust rewards to add up to something slightly more.

regarding pos adjust coin pilesize with the new conf parameter is easy works great create a zero micromanagemdnt required pos enviroment

regarding pow there is ways utilize the less rewards with to high hashrate even with static base blockreward
so similar as now less rewards at to high hashrate and a bit more if to much
but with adjusted diff adjustion with less ways to abuse it
and with a much lower max pow reward

so it should be in area 2 - 10 xmg with the clear aim of diff engjne to reach a average value of 5

The block combining/splitting feature is very exiting.  I have recently been making a daily 10kb transaction to combine my smallest transactions. 

Lowering the max pow reward with a better difficulty adjustment might be enough to make things fair.  It will be easier now for stakers to keep weight in the proper range and get closer to expected stake returns.
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