Topic: [ANN][MAG] MAGNET - GOES STELLAR - More in description / magnetwork.io - page 41. (Read 83023 times)
February 20, 2018, 10:30:22 PM
super cool on the Pairing. That will drive support.
February 20, 2018, 02:40:10 PM
http://magnetwork.io/ANNimg/magnet-80.png
OFFICIAL ANNOUNCEMENT
MAG/LTC
Due higher fees on BTC transactions, community reached out with a request for MAG/LTC pair on coinexchange.io
CE reacted fast and here it is!
https://www.coinexchange.io/market/MAG/LTC
OFFICIAL POOL NEWS
In order to provide a better service and mining experience. We are now in the process of updating the pool software for magnetpool.io so miners currently connected to our existing pool stratum will lose connection.
We will post an announcement once the update process has completed and instructions on how to connect your miner to the new software which will be available on http://magnetpool.io
Payments will be made to all miners on existing stratum ports after the last connection is dropped.
nicee
February 20, 2018, 04:04:20 AM
Magnet added to ezpool.net
----====== Miner settings =====-------
stratum+tcp://eu.ezpool.net:2882
Username: your_magnet_address
pass : x
===============================
Good luck !
----====== Miner settings =====-------
stratum+tcp://eu.ezpool.net:2882
Username: your_magnet_address
pass : x
===============================
Good luck !
February 19, 2018, 04:39:09 AM
The MN Manager app has now been released in Beta for Android!
Current version provides the same functionalities as the online check tool (www.magnetwork.io/checkmn/) for masternodes.
Features
- search and create custom list for masternodes you own
- check real-time network statistics
- browse the explorer for any masternode on the network
Upcoming
- iOS release
- real-time masternode reward notifications
- more data monitoring options
READ MORE ABOUT THE RELEASE - http://magnetwork.io/2018/02/17/we-are-live-on-google-play/
I am Buying the little dips guys. I hope you will prove those people wrong who calling it scam.
People called Dash and ETH a scam too.
February 18, 2018, 06:06:49 PM
Added MAGNET coin
on poolmin.com
Fee only 0.5% - Random 0% fee
Payment every 1 hour
With the profitability tool just enter your hash rate and find how much you get
[/center
on poolmin.com
Fee only 0.5% - Random 0% fee
Payment every 1 hour
Code:
-a x11 -o stratum+tcp://mine.poolmin.com:3533 -u-p -c=MAG
With the profitability tool just enter your hash rate and find how much you get
[/center
February 17, 2018, 11:52:38 PM
cкиньтe пoжaлyйcтa ccылкy для кoшeлькa и мacтepнoды Win 64
February 17, 2018, 04:58:22 AM
https://i.imgur.com/Zovyl62.png
The MN Manager app has now been released in Beta for Android!
Current version provides the same functionalities as the online check tool (www.magnetwork.io/checkmn/) for masternodes.
Features
- search and create custom list for masternodes you own
- check real-time network statistics
- browse the explorer for any masternode on the network
Upcoming
- iOS release
- real-time masternode reward notifications
- more data monitoring options
READ MORE ABOUT THE RELEASE - http://magnetwork.io/2018/02/17/we-are-live-on-google-play/
I am Buying the little dips guys. I hope you will prove those people wrong who calling it scam.
February 16, 2018, 04:56:49 AM
why magnet qt wallet is syncing very slow in comparison of others ? is there any reason ?
It was always very fast in here
February 15, 2018, 10:26:46 AM
Is there a MN hosting service that supports MAG?
I think there is some shared MN/ MN hosting services available if you get into the discord channel but please be careful who you deal with. Verify with other community members first before you engage in a MN service, alot of scams going around.
February 15, 2018, 10:22:22 AM
Good evening.
Thanx a lot for explanation, but still I have questions.
If nethash changes and it is a cause of blocks-per-day fluctuations,
why thereis so big and stable difference between declared (960)
and calculated (1650+) blocks per day? Is it only problem of difficulty's function or
there are some other problems?
MAGs have mined alot, in whitepaper about 35 millions for 1'st year and now
we have almost half of this quantity.
First of all sorry for not being able to check here as much as in the beginning of the network. Growing network needs more attention than ever before.
Lets go with the explanations!
I quickly resolve another message here on the forum, before answering the quoted one.
Whoever posted here that we "raped" the chain before going public.
No, we did not. Here - https://bitcointalksearch.org/topic/annmag-magnet-goes-stellar-more-in-description-magnetworkio-2402932 - on page 32 there is an explanation and if You need more - feel free to read through the whole ANN thread to get even better picture. We fight the FUD a lot and give out many explanations on the topic.
Next about the blocktime info.
If You check our explorer here - http://explorer.magnetwork.io/ You can see easily that often 2-3 blocks are found within a minutes time.
We are still a small growing network and the hashrate fluctuations create this effect so blocks are found faster.
This is no scam or anything particular happening actually. When we gain more momentum after releasing some of our main features in 4-5 months time, the hashrate stability will improve and blocks will be found in a more stable rate. Blocktime in specs always refers to the numeric value in the source code that is the basis for algorithm when re-targeting difficulty, but this is almost never consistent with the real-time results.
So it all depends what difficulty adjust algo chain is using.
We are a fork of Transfercoin and chose to inherit their custom algo for difficulty adjust. We use exponential moving for re-targeting (very similar to Kimoto).
The other classic way to go is to use re-target "family" of simply taking the average and adjusting it by X, but in case of a big hashrate spike, it would take forever to even out the difficulty.
Our algo re-targets in 6 blocks, doesn't matter the size of the spike. This solution may bring faster blocks at the start of the chain when smaller hashrates and more fluctuations, but does not get the chain stuck in case of hashrate spikes (that we have had a lot actually).
So suggesting that we have done anything to manipulate the code in our favor (chain "raping" accusation etc.) is simply ignorant. If You check our GitHub, You can see that we have been forked 14 times and starred by other developers 18 times at the time of writing this. If there was any trouble with the code, any backdoor or malicious entries - developers would have found those fairly quickly and our story would have ended. Instead we have 1000+ MNs on the network and very supportive community of 500-1000 users on slack/Discord.
In conclusion - if we are not here answering every day, we are working on the chain. Lot of FUD often comes from not knowing all the pieces to the puzzle. One way to stay in the loop is to follow our developers blog.
Last post there will share some light on whats to come in near future - http://magnetwork.io/2018/02/04/developer-diaries-from-the-trenches/
Best way is actually to join our Discord channel for live help and info. We (dev team / support / community) are 24/7 there to answer questions and help out - https://discord.gg/EtEGyEn
Thanx a lot for explanation, but still I have questions.
If nethash changes and it is a cause of blocks-per-day fluctuations,
why thereis so big and stable difference between declared (960)
and calculated (1650+) blocks per day? Is it only problem of difficulty's function or
there are some other problems?
MAGs have mined alot, in whitepaper about 35 millions for 1'st year and now
we have almost half of this quantity.
Will see what explanations will give us the dev.
Hope soon and will be fixed if it is mistake.
It is include POS Block.
Block time seem only count for POW block
Hope soon and will be fixed if it is mistake.
Can somebody epxplain what happens with MAG specifications?
In whitepaper says:
Block Time: 90 secs per block.
Block Reward: 200
Block Reward Halving: every 360 000 blocks
So, it is 24*3600/90=960 blocks per 24h
I put command "getinfo" in the console of debug window of the latest magnet wallet
and it says for now 10.02.2018/20:16:
{
"version" : "v1.3.0.0-61403",
"protocolversion" : 61403,
"walletversion" : 60000,
"darksend_balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 151856,
"timeoffset" : 1,
"moneysupply" : 14718352.13753063,
"connections" : 13,
"proxy" : "",
"difficulty" : 47615.84673888,
"testnet" : false,
"keypoololdest" : 1511982826,
"keypoolsize" : 1001,
"paytxfee" : 0.00010000,
"mininput" : 0.00000000,
"unlocked_until" : 0,
"errors" : ""
}
We are at block #151856
151856/960=151.18 days or more than 5 months BUT the project was started in November of 2017,
about 3 months before, not 5 months.
And finally i do some researches.
I open my transactions and take two points:
1. txid: 46615bd7d579ed98b9ae8ab1e85d4a15bda3a2dff7564fc3d6860f10fc4bc502 at 02.12.2017, 14:01 / 115814 confirmations
2. txid: 67fb03fa05ea16f2c3d470bb926209228c7d508fe73742bd98d7fba746380fd5 at 20.12.2017, 13:51 / 86227 confirmations
So, from 1 to 2 was 115814-86227=29587 blocks
29587/(20-2)=1644 blocks per day which is greater than specified 960 blocks/day
Lets take some other points:
3. txid: 95dfb03afec12ddf0f1a64b59077bb04236ff228e5b806922db1d050d1b2775e at 19.12.2017, 10:00 / 88129 confirmations
4. txid: 6d4afb499e3eafa0b3076ca03c5607347aa9fd0baf973a563141fba606db53d5 at 03.02.2018, 10:08 / 12092 confirmations
So, from 3 to 4 was 88129-12092=76037 blocks
76037/46=1652 blocks per day, almost the same like from 1'st case
Could somebody explain all this?
In whitepaper says:
Block Time: 90 secs per block.
Block Reward: 200
Block Reward Halving: every 360 000 blocks
So, it is 24*3600/90=960 blocks per 24h
I put command "getinfo" in the console of debug window of the latest magnet wallet
and it says for now 10.02.2018/20:16:
{
"version" : "v1.3.0.0-61403",
"protocolversion" : 61403,
"walletversion" : 60000,
"darksend_balance" : 0.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 151856,
"timeoffset" : 1,
"moneysupply" : 14718352.13753063,
"connections" : 13,
"proxy" : "",
"difficulty" : 47615.84673888,
"testnet" : false,
"keypoololdest" : 1511982826,
"keypoolsize" : 1001,
"paytxfee" : 0.00010000,
"mininput" : 0.00000000,
"unlocked_until" : 0,
"errors" : ""
}
We are at block #151856
151856/960=151.18 days or more than 5 months BUT the project was started in November of 2017,
about 3 months before, not 5 months.
And finally i do some researches.
I open my transactions and take two points:
1. txid: 46615bd7d579ed98b9ae8ab1e85d4a15bda3a2dff7564fc3d6860f10fc4bc502 at 02.12.2017, 14:01 / 115814 confirmations
2. txid: 67fb03fa05ea16f2c3d470bb926209228c7d508fe73742bd98d7fba746380fd5 at 20.12.2017, 13:51 / 86227 confirmations
So, from 1 to 2 was 115814-86227=29587 blocks
29587/(20-2)=1644 blocks per day which is greater than specified 960 blocks/day
Lets take some other points:
3. txid: 95dfb03afec12ddf0f1a64b59077bb04236ff228e5b806922db1d050d1b2775e at 19.12.2017, 10:00 / 88129 confirmations
4. txid: 6d4afb499e3eafa0b3076ca03c5607347aa9fd0baf973a563141fba606db53d5 at 03.02.2018, 10:08 / 12092 confirmations
So, from 3 to 4 was 88129-12092=76037 blocks
76037/46=1652 blocks per day, almost the same like from 1'st case
Could somebody explain all this?
It is include POS Block.
Block time seem only count for POW block
First of all sorry for not being able to check here as much as in the beginning of the network. Growing network needs more attention than ever before.
Lets go with the explanations!
I quickly resolve another message here on the forum, before answering the quoted one.
Whoever posted here that we "raped" the chain before going public.
No, we did not. Here - https://bitcointalksearch.org/topic/annmag-magnet-goes-stellar-more-in-description-magnetworkio-2402932 - on page 32 there is an explanation and if You need more - feel free to read through the whole ANN thread to get even better picture. We fight the FUD a lot and give out many explanations on the topic.
Next about the blocktime info.
If You check our explorer here - http://explorer.magnetwork.io/ You can see easily that often 2-3 blocks are found within a minutes time.
We are still a small growing network and the hashrate fluctuations create this effect so blocks are found faster.
This is no scam or anything particular happening actually. When we gain more momentum after releasing some of our main features in 4-5 months time, the hashrate stability will improve and blocks will be found in a more stable rate. Blocktime in specs always refers to the numeric value in the source code that is the basis for algorithm when re-targeting difficulty, but this is almost never consistent with the real-time results.
So it all depends what difficulty adjust algo chain is using.
We are a fork of Transfercoin and chose to inherit their custom algo for difficulty adjust. We use exponential moving for re-targeting (very similar to Kimoto).
The other classic way to go is to use re-target "family" of simply taking the average and adjusting it by X, but in case of a big hashrate spike, it would take forever to even out the difficulty.
Our algo re-targets in 6 blocks, doesn't matter the size of the spike. This solution may bring faster blocks at the start of the chain when smaller hashrates and more fluctuations, but does not get the chain stuck in case of hashrate spikes (that we have had a lot actually).
So suggesting that we have done anything to manipulate the code in our favor (chain "raping" accusation etc.) is simply ignorant. If You check our GitHub, You can see that we have been forked 14 times and starred by other developers 18 times at the time of writing this. If there was any trouble with the code, any backdoor or malicious entries - developers would have found those fairly quickly and our story would have ended. Instead we have 1000+ MNs on the network and very supportive community of 500-1000 users on slack/Discord.
In conclusion - if we are not here answering every day, we are working on the chain. Lot of FUD often comes from not knowing all the pieces to the puzzle. One way to stay in the loop is to follow our developers blog.
Last post there will share some light on whats to come in near future - http://magnetwork.io/2018/02/04/developer-diaries-from-the-trenches/
Best way is actually to join our Discord channel for live help and info. We (dev team / support / community) are 24/7 there to answer questions and help out - https://discord.gg/EtEGyEn
February 15, 2018, 06:45:12 AM
why magnet qt wallet is syncing very slow in comparison of others ? is there any reason ?
It was always very fast in here
February 15, 2018, 05:39:43 AM
why magnet qt wallet is syncing very slow in comparison of others ? is there any reason ?
February 15, 2018, 04:53:37 AM
Does anybody mine coins successfully?
I failed to connected the mining pools.
I can not find trade interface on the mainstream
exchanges.Is the coin still living?
Very Active Devs behind the coin and it is Very active coin. I failed to connected the mining pools.
I can not find trade interface on the mainstream
exchanges.Is the coin still living?
Check Twitter, Discord
February 15, 2018, 02:05:24 AM
Is there a MN hosting service that supports MAG?
February 14, 2018, 06:45:32 PM
If it reaches 0.20 USD I would buy it at that time, at most 2K mag to save it and the rest I would mine with my Machine, MAG has a huge potential, it is a golden opportunity to buy it at that price.
February 14, 2018, 05:00:48 PM
Almost a full retracement from last all time highs, seeing possible support at 3500-3700 satoshi range, if this breaks which is likely we will look to 2500 for the next support.
If you are on the sidelines looking at this coin it could be a really good time to buy, look at the chart, almost a full correction from 19k back to 3k-4k range.
I would buy a little bit at these levels and set some bigger buys around 2500-3k and hope they get filled, considering what this coin and community have gone through the past couple months I would say that hopefully the bumps in the road are over but the dev team and community have proven strong I think.
If you are on the sidelines looking at this coin it could be a really good time to buy, look at the chart, almost a full correction from 19k back to 3k-4k range.
I would buy a little bit at these levels and set some bigger buys around 2500-3k and hope they get filled, considering what this coin and community have gone through the past couple months I would say that hopefully the bumps in the road are over but the dev team and community have proven strong I think.
February 14, 2018, 02:26:20 AM
Does the wallet have to remain open or unlocked for the masternode to work?
Is anyone using staking = 0?
How long does it take before you see rewards?
yeah, you can close your wallet after starting a masternode.
wait a few minutes then check if your masternode appeared on the network - http://magnetwork.io/checkmn/
you need to set staking = 0 in magnet.conf
Are you sure, you have to set staking = 0?
Because I have staking = 1, and I'm getting MN rewards and POS too.
Base of my exp in cold wallet setting (NOT VPS)
Staking=0
ONLY MN Address get the Staking & MN Reward
Rest of your wallet balance in your other address in QT dont get any staking rewards
Staking=1
All address in your wallet get staking rewards
BUT.. Sometime you will be "kicked" from MN List (inactive if you check in masternode.online)
February 13, 2018, 03:41:47 PM
What are the prospects for your project in the world and how can it benefit?
February 13, 2018, 01:45:41 PM
The recommendation is that you should set staking=0 in the conf file on the masternode.
The small rewards you are getting on your MN is normal - you should get the larger 100 rewards soon. On average, it currently works out around 45 MAG a day for an MN, but remember this is an average. Over 1 month, it should work out at 45 a day, even if you do go some days with any 100 MAG rewards.
The small rewards you are getting on your MN is normal - you should get the larger 100 rewards soon. On average, it currently works out around 45 MAG a day for an MN, but remember this is an average. Over 1 month, it should work out at 45 a day, even if you do go some days with any 100 MAG rewards.
February 13, 2018, 11:54:41 AM
Does the wallet have to remain open or unlocked for the masternode to work?
Is anyone using staking = 0?
How long does it take before you see rewards?
wait a few minutes then check if your masternode appeared on the network - http://magnetwork.io/checkmn/
you need to set staking = 0 in magnet.conf
Are you sure, you have to set staking = 0?
Because I have staking = 1, and I'm getting MN rewards and POS too.
Thank you I'll will try staking = 1
After 2 days .008 mined. Every time I login to my pc. The masternode cannot be found in http://magnetwork.io/checkmn/. I have to unlock the cold wallet and restart. Are you using hot wallet or cold wallet?
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