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Topic: MGN/MGNX - MASTERNODES - ZK SNARKS - ATOMIC SWAPS - MULTI CHAIN AIRDROP (Read 2816 times)
December 16, 2018, 06:54:35 PM
October 20, 2018, 11:03:08 AM
The project is dead, the developer does not send coins for exchange, the new wallet does not work, it is very difficult to add coins to a new wallet, there is no support. a nightmare. 
1)A pull request was submitted a week or so ago for listing to the BarterDEX. MGNX will be available to trade there in the coming weeks. We have also submitted an application form for listing to the BlockNet DEX.
2) Which wallet are you referring to? If you checked the announcements channel on Discord, you'd see that a few BETA wallets have been released. v0.2.42a is working fine, if you follow the instructions provided by the FAQ I created a few weeks back.
It was released, with a previous MGNX testing chain so you need to replace the parameters in the ports.js and .conf files, then restart the wallet. You should see it begin to sync. From there, you can import the WIF key (if you haven't done so already), and your balance will show up. It's not convenient, but the only version that syncs to the latest chain is 0.2.42b. This version crashes on opening the wallet for Windows and Mac OS.
The instructions are here.
https://cdn.discordapp.com/attachments/388335840356597762/493901260647432193/MGNX_Asset_Chain_FAQ.odt
3) Difficult to add coins? In what way? There is 1 step and that is to import the WIF key of the address you provided in the drop.
4) No support... there are lots of helpful KMD community members and MGN who can assist with troubleshooting, or general support. Just join the MGN Discord here - https://discord.gg/4bmtNzx
October 13, 2018, 01:40:01 AM
The project is dead, the developer does not send coins for exchange, the new wallet does not work, it is very difficult to add coins to a new wallet, there is no support. a nightmare.
September 29, 2018, 10:13:00 AM
until September 7, I sent the form for the swap coins, but so far I have not received my coins, in the channel the discord is not responding, now I downloaded the new purse, I installed the ego, but it gives an error, I have Windows 10
AgamaApp-0.2.42b-beta-windows-installer
AgamaApp-0.2.42b-beta-windows-installer
Only version 0.2.42a is working at the moment. To get it working, you need to follow the instructions from the FAQ created a few days ago:
https://cdn.discordapp.com/attachments/388335840356597762/493901260647432193/MGNX_Asset_Chain_FAQ.odt
September 28, 2018, 11:13:17 AM
until September 7, I sent the form for the swap coins, but so far I have not received my coins, in the channel the discord is not responding, now I downloaded the new purse, I installed the ego, but it gives an error, I have Windows 10
https://b.radikal.ru/b19/1809/c9/311a08565c91.png
AgamaApp-0.2.42b-beta-windows-installer
https://b.radikal.ru/b19/1809/c9/311a08565c91.png
AgamaApp-0.2.42b-beta-windows-installer
September 26, 2018, 04:24:49 AM
The MGNX coin burn will take place on October 4, 2018. We have decided to allocate the remaining premine in the following structure:
80% - Burnt at the address: RD6GgnrMpPaTSMn8vai6yiGA7mN4QGPVMY
13% - SuperNET Donation
5% - Bounty fund
2% - Faucet
All Tx IDs and the addresses for the outlets chosen will be released on the day of the burn.
Also, a reminder that you can track all of the latest MGN/MGNX news from Coinmarketcal. We have a verified admin account, which gives us enhanced visibility.
80% - Burnt at the address: RD6GgnrMpPaTSMn8vai6yiGA7mN4QGPVMY
13% - SuperNET Donation
5% - Bounty fund
2% - Faucet
All Tx IDs and the addresses for the outlets chosen will be released on the day of the burn.
Also, a reminder that you can track all of the latest MGN/MGNX news from Coinmarketcal. We have a verified admin account, which gives us enhanced visibility.
September 25, 2018, 01:29:05 AM
The main drop has been carried out at a 2:1 ratio.
1) In total, there are 4,511,229.33874 coins left over.
2,000,000 at RU7WsqXiQeBpu2CFSuH9KyBu36UPiC5Cr9
2,000,000 at RRsuFMc8BzBofTJn9SEtLikZhN48dZtEBB
511,229 at the genesis address
*The fate of these coins rests in the hands of the community. A vote will take place on Discord tomorrow determining an appropriate allocation of funds.
*A new pull request has been re-submitted with the new chain parameters. One can expect to see MGNX after the release of the next Agama wallet update.
In terms of development for MGNX, next comes chain notarization.
1) In total, there are 4,511,229.33874 coins left over.
2,000,000 at RU7WsqXiQeBpu2CFSuH9KyBu36UPiC5Cr9
2,000,000 at RRsuFMc8BzBofTJn9SEtLikZhN48dZtEBB
511,229 at the genesis address
*The fate of these coins rests in the hands of the community. A vote will take place on Discord tomorrow determining an appropriate allocation of funds.
*A new pull request has been re-submitted with the new chain parameters. One can expect to see MGNX after the release of the next Agama wallet update.
In terms of development for MGNX, next comes chain notarization.
EDIT: I'll try updating my Agama wallet, hopefully it's there
September 23, 2018, 08:20:33 AM
New Agama wallet just add MGNX)
https://github.com/KomodoPlatform/Agama/releases
https://github.com/KomodoPlatform/Agama/releases
September 18, 2018, 05:08:38 PM
ComputerGenie you don`t like girls ? Do you think that she will not do the job right ?
...
My issues are purely technical and administrative; gender has nothing to do with it (other than the fact that I'm not a millennial and I believe that only 2 genders exist). ...
September 18, 2018, 12:07:28 PM
September 18, 2018, 11:52:29 AM
ComputerGenie you don`t like girls ? Do you think that she will not do the job right ?
Why you are so on to her ? Don`t be such a flooood guy and sit down
Why you are so on to her ? Don`t be such a flooood guy and sit down
September 13, 2018, 06:36:40 AM
The main drop has been carried out at a 2:1 ratio.
1) In total, there are 4,511,229.33874 coins left over.
2,000,000 at RU7WsqXiQeBpu2CFSuH9KyBu36UPiC5Cr9
2,000,000 at RRsuFMc8BzBofTJn9SEtLikZhN48dZtEBB
511,229 at the genesis address
*The fate of these coins rests in the hands of the community. A vote will take place on Discord tomorrow determining an appropriate allocation of funds.
*A new pull request has been re-submitted with the new chain parameters. One can expect to see MGNX after the release of the next Agama wallet update.
In terms of development for MGNX, next comes chain notarization.
1) In total, there are 4,511,229.33874 coins left over.
2,000,000 at RU7WsqXiQeBpu2CFSuH9KyBu36UPiC5Cr9
2,000,000 at RRsuFMc8BzBofTJn9SEtLikZhN48dZtEBB
511,229 at the genesis address
*The fate of these coins rests in the hands of the community. A vote will take place on Discord tomorrow determining an appropriate allocation of funds.
*A new pull request has been re-submitted with the new chain parameters. One can expect to see MGNX after the release of the next Agama wallet update.
In terms of development for MGNX, next comes chain notarization.
September 11, 2018, 01:07:50 PM
It's pretty well a shit-show lead by a chick that is in way over her head with not much more ability than to over-promise and under-deliver....
It's truly sad, at this point, that the Komodo name is even attached in any way (no matter how remote) to this mess.
September 11, 2018, 11:30:04 AM
The MGNX main airdrop will take place on September 7, 2018 18:00 EST. All MGN holders who submit forms after this time will be rejected! A snapshot will be taken a few minutes before conducting the drop, so be sure not to move funds between addresses after submission.
I will create a pull request for Agama wallet integration and the BarterDEX exchange listing today.
Upcoming Magna Development
The next step after MGNX integration, is activating BIP66 on MGN for compatibility of atomic swaps. In doing so, we can get Magna listed to the Barter DEX, where the 2 projects can be swapped interchangeably.
Upcoming MagnaX Development
Chain Notarization
Participating in early tests for Komodo's colored token system, which would give users the ability to create their own assets on the MGNX asset chain
Further exchange listings
I will create a pull request for Agama wallet integration and the BarterDEX exchange listing today.
Upcoming Magna Development
The next step after MGNX integration, is activating BIP66 on MGN for compatibility of atomic swaps. In doing so, we can get Magna listed to the Barter DEX, where the 2 projects can be swapped interchangeably.
Upcoming MagnaX Development
Chain Notarization
Participating in early tests for Komodo's colored token system, which would give users the ability to create their own assets on the MGNX asset chain
Further exchange listings
So what happens to the MGNX that was mined on the third chain (is that getting airdropped on the new chain)? I see that the chain has now restarted for a fourth time and the nodes in the OP do not seem to work. Stays stuck at block 0.
September 06, 2018, 10:28:51 PM
Is the development team still anonymous? To get more confidence, this is always an important point. 
September 04, 2018, 05:19:01 AM
Will Magnacoin continue after the swap? And can you please create a new valid discord invite?
Filling out the form now. I take it that it is not too late?
Filling out the form now. I take it that it is not too late?
September 02, 2018, 02:58:11 PM
The MGNX main airdrop will take place on September 7, 2018 18:00 EST. All MGN holders who submit forms after this time will be rejected! A snapshot will be taken a few minutes before conducting the drop, so be sure not to move funds between addresses after submission.
I will create a pull request for Agama wallet integration and the BarterDEX exchange listing today.
Upcoming Magna Development
The next step after MGNX integration, is activating BIP66 on MGN for compatibility of atomic swaps. In doing so, we can get Magna listed to the Barter DEX, where the 2 projects can be swapped interchangeably.
Upcoming MagnaX Development
Chain Notarization
Participating in early tests for Komodo's colored token system, which would give users the ability to create their own assets on the MGNX asset chain
Further exchange listings
I will create a pull request for Agama wallet integration and the BarterDEX exchange listing today.
Upcoming Magna Development
The next step after MGNX integration, is activating BIP66 on MGN for compatibility of atomic swaps. In doing so, we can get Magna listed to the Barter DEX, where the 2 projects can be swapped interchangeably.
Upcoming MagnaX Development
Chain Notarization
Participating in early tests for Komodo's colored token system, which would give users the ability to create their own assets on the MGNX asset chain
Further exchange listings
September 01, 2018, 02:54:20 PM
I think many people will participate in this project. We need to spread the information about this project, so that as many people as possible can learn about it.
September 01, 2018, 01:26:26 PM
Hello
Filled the form more than a week ago, the purse is still empty. When will the enrollment be?
To my question, the answer was never received Filled the form more than a week ago, the purse is still empty. When will the enrollment be?
"the answer was never received", but yet it was sent:
...In regards to the main drop, there is no date and testing will continue until both the MGNX and Komodo team believe the chain to be both bug free and stable for maintaining in the long run...
So, that's on you for not reading the damn thread. September 01, 2018, 11:48:25 AM
Hello
Filled the form more than a week ago, the purse is still empty. When will the enrollment be?
To my question, the answer was never received Filled the form more than a week ago, the purse is still empty. When will the enrollment be?
August 30, 2018, 11:33:02 AM
Block explorer has been down for a while now.
August 19, 2018, 12:59:27 PM
Chain restart 3 has taken place and both snapshots have been delivered. In the case of snapshot 1, a small bonus was added on to cover the opportunity cost of missing out from stakes on chain 2. The cumulative total from both snapshots comes to 672k coins. As there are over 14000 addresses to drop to, people can expect to see coins in their wallets within the next 8hrs. 1-2 seconds seems to be the average between each RPC call.
For those looking to mine, or run a node:
These are the new parameters...
./komodod -ac_name=MGNX -ac_supply=12465001 -ac_staked=90 -ac_reward=2000000000 -ac_halving=525960 -ac_cc=2 -ac_end=2629800 -addnode=45.76.32.178
In regards to the main drop, there is no date and testing will continue until both the MGNX and Komodo team believe the chain to be both bug free and stable for maintaining in the long run. Also, I'd like to apologize to the Komodo dev team and community for delaying their PoS chain tests these past few weeks
For those looking to mine, or run a node:
These are the new parameters...
./komodod -ac_name=MGNX -ac_supply=12465001 -ac_staked=90 -ac_reward=2000000000 -ac_halving=525960 -ac_cc=2 -ac_end=2629800 -addnode=45.76.32.178
In regards to the main drop, there is no date and testing will continue until both the MGNX and Komodo team believe the chain to be both bug free and stable for maintaining in the long run. Also, I'd like to apologize to the Komodo dev team and community for delaying their PoS chain tests these past few weeks
August 17, 2018, 09:44:08 AM
Hello
Filled the form more than a week ago, the purse is still empty. When will the enrollment be?
Filled the form more than a week ago, the purse is still empty. When will the enrollment be?
August 15, 2018, 03:35:36 PM
...as it was coming from Komodo I felt like it could be a good project...
It was never "coming from Komodo". This is a project that someone who has no idea what they are doing learned about things Komodo is working on and announced that she was going to airdrop some coins on a set of Komodo features that weren't even in beta yet. This stuff, literally, hadn't even been tested when she announced it was going live. Since Komodo has a decent community, several of us pitched in to help this non-dev meet what she promised, but since she never cared to keep in contact with her own community or the Komodo community MGNX is going nowhere fast.One cannot stress enough, it was never "coming from Komodo".
August 15, 2018, 01:21:06 PM
Been following the project for a while, as it was coming from Komodo I felt like it could be a good project... Sadly all these days with the cryptos so low make some devs abandon their projects.
I still give an oportunitiy to MGN, even if I'm not a PoS supporter, but let's see how it develops.
I still give an oportunitiy to MGN, even if I'm not a PoS supporter, but let's see how it develops.
August 15, 2018, 01:03:51 PM
The project is very creative. I will follow this project. It's very interesting, I like it. Wish the project success!
Don't waste your time. I had high hopes for this; however, the end result is that the non-dev is absent, completely lost in what she needs to do, not a developer, and doing a bang-up job of doing a whole lot of nothing.
In fact, (like I said 3 days ago) we're still waiting on her to create a 3rd MGNX chain and to airdrop promised funds to the miners and stakers of the 1st 2 chains, so no one should hold their breath waiting on the MGN:MGNX airdrop.
August 15, 2018, 12:27:36 PM
The project is very creative. I will follow this project. It's very interesting, I like it. Wish the project success!
August 12, 2018, 05:06:43 PM
Submitted my airdrop info a couple days ago, nothing yet in my wallet but waiting patiently. Cheers!
MGNX miners are still waiting for info on a 3rd chain and airdrop for the first 2 chains; gl with getting a MGN:MGNX airdrop of any value any time soon. August 12, 2018, 04:22:55 PM
Submitted my airdrop info a couple days ago, nothing yet in my wallet but waiting patiently. Cheers!
August 02, 2018, 08:16:58 PM
I see you have wallets for various types of devices and architectures, but when will it be available to using the Android system?
New MGNX chain have all chances to be included in Agama Mobile Wallet (Android), but it needs to deploy Electrum (SPV) servers and communication between MGNX and Komodo devs. But technically - it's not so hard task. 
August 01, 2018, 08:32:14 PM
I see you have wallets for various types of devices and architectures, but when will it be available to using the Android system?
August 01, 2018, 10:08:06 AM
if I want to send all the coins to one wallet . I get aidrop ? snapshot is tied to date?
August 01, 2018, 05:50:27 AM
Brilliant project. You have an opportunity to get good money here, it is also conserving and maximizing the oil usage.
August 01, 2018, 04:53:43 AM
I am sure many of the participants who gave its support to this project and hopefully make it easy for the project to achieve success.
July 31, 2018, 11:49:59 AM
Why ZK Snarks and not Zerocoin ?
Both are Zero Knowledge Proof methods for achieving anonymity. ZK - Snarks for the MGNX asset chain takes influence from Zerocash protocol, which is more cryptographically sound than Zerocoin in my opinion.
July 31, 2018, 11:46:17 AM
MagnaCoinDev, plz describe your plans on current MGNX chain. In initial announce in first message of this thread launch date is 24 Jul, currently, according to existing explorer MGNX chain have 7806 blocks. But on official site i see launch date as 31 Jul. Will be MGNX chain relaunched or you will keep current chain? What will happen with coins that people are already owned now in current MGNX chain?
Thx in advance for reply.
Thx in advance for reply.
There was a bug in the chain so a restart is necessary. The chain will be launched again at a later time today, but I can't give any specific ETA. I will inform both the MGN and KMD community upon launch.
July 30, 2018, 06:36:07 PM
Why ZK Snarks and not Zerocoin ?
Because 2013 is over? July 30, 2018, 05:28:53 PM
Why ZK Snarks and not Zerocoin ?
July 30, 2018, 04:57:44 PM
MagnaCoinDev, plz describe your plans on current MGNX chain. In initial announce in first message of this thread launch date is 24 Jul, currently, according to existing explorer MGNX chain have 7806 blocks. But on official site i see launch date as 31 Jul. Will be MGNX chain relaunched or you will keep current chain? What will happen with coins that people are already owned now in current MGNX chain?
Thx in advance for reply.
Thx in advance for reply.
July 28, 2018, 01:02:46 PM
...some Komodo members have already mined/staked over 90k coins in a couple of days
...
Hi, Steph, it's good to see you again....
For the record, ~9340 MGNX have been mined in total (some by MGN community members), the instructions and tools to mine/stake have been provided here by "some Komodo members", and everyone has had the same opportunity (give or take a few hours) to stake/mine. Many volunteers from the Komodo community have been scrambling to provide tools to the MGN community (and they were "released" on this very thread, days ago) to make MGNX as easy doable as possible and I'm deeply offended by the implications you are attempting to assert with the quote above.
July 28, 2018, 12:50:11 PM
Watch out with this one!
- Magnacoindev and ZAP cleaned out and abandoned their last project
- This new Komodo chain is 100% premine, giving her a lot of coin to dump on you
- They premined 12 000 000 coins while only 11 000 0000 were needed for airdrop, giving her 12% of the premine + all coins that are not claimed
- The chain has an infinite coin supply
- No future development will happen, just like last time
- While long term hodlers have to wait on their airdrop until August 10, some Komodo members have already mined/staked over 90k coins in a couple of days
- This chain is absolutely not linked in value to the old chain
- The new chain does not have masternodes, it’s not even a PIVX fork anymore, it has nothing to do with the original roadmap but is just using the Magnacoin name to try and drive up price
Keep your monies safe people!
- Magnacoindev and ZAP cleaned out and abandoned their last project
- This new Komodo chain is 100% premine, giving her a lot of coin to dump on you
- They premined 12 000 000 coins while only 11 000 0000 were needed for airdrop, giving her 12% of the premine + all coins that are not claimed
- The chain has an infinite coin supply
- No future development will happen, just like last time
- While long term hodlers have to wait on their airdrop until August 10, some Komodo members have already mined/staked over 90k coins in a couple of days
- This chain is absolutely not linked in value to the old chain
- The new chain does not have masternodes, it’s not even a PIVX fork anymore, it has nothing to do with the original roadmap but is just using the Magnacoin name to try and drive up price
Keep your monies safe people!
1) 100% premine? How do you expect to carry out an airdrop on a completely new chain, if there are no coins to drop in the first place?
2) 11,000,000? Forgetting the additional 216k that will be produced by the time the airdrop is up? Also, it has not been determined how these extra leftover coins will be distributed, or burned even. That's up to the community.
2) You need to look at the chain parameters. No coins will be mined after block 2,629,800 and inflation lowers every 525,960 blocks (1 year or so assuming 60 second blocks).
3) Of course development will happen, except this time we'll indirectly reap the benefits from any advancements in development on Komodo asset chains. I have already been in talks with one of the core devs over securing the chain with dPOW via chain notarization. Also, the ability to create your own token ecosystem on the asset chain itself, using a colored coin system.
4) The asset chain has been started early, so that we can account for any errors that pop up. It was only last week that the KMD team were testing PoS chains. In fact, they have already run into a PoW algo adjustment bug, which will most likely mean a chain restart. This could continue all the way up to the day of distribution.
4) The value is partially derived from peoples willingness to trade back from MGNX to MGN and vice versa. Obviously some airdropped coins could be theoretically sold off on other trading pairs, but the most likely scenario is that people are going to be channelling liquidity through the MGN - MGNX atomic swap pair.
5) That is correct, but the old chain does. The old MGN is intended to run forever and compliment the MGNX asset chain. It has nothing to do with the original roadmap? Except it fulfils our ultimate goal of achieving atomic swaps with any asset on the BarterDEX.
July 28, 2018, 10:51:46 AM
Watch out with this one!
- Magnacoindev and ZAP cleaned out and abandoned their last project
- This new Komodo chain is 100% premine, giving her a lot of coin to dump on you
- They premined 12 000 000 coins while only 11 000 0000 were needed for airdrop, giving her 12% of the premine + all coins that are not claimed
- The chain has an infinite coin supply
- No future development will happen, just like last time
- While long term hodlers have to wait on their airdrop until August 10, some Komodo members have already mined/staked over 90k coins in a couple of days
- This chain is absolutely not linked in value to the old chain
- The new chain does not have masternodes, it’s not even a PIVX fork anymore, it has nothing to do with the original roadmap but is just using the Magnacoin name to try and drive up price
Keep your monies safe people!
- Magnacoindev and ZAP cleaned out and abandoned their last project
- This new Komodo chain is 100% premine, giving her a lot of coin to dump on you
- They premined 12 000 000 coins while only 11 000 0000 were needed for airdrop, giving her 12% of the premine + all coins that are not claimed
- The chain has an infinite coin supply
- No future development will happen, just like last time
- While long term hodlers have to wait on their airdrop until August 10, some Komodo members have already mined/staked over 90k coins in a couple of days
- This chain is absolutely not linked in value to the old chain
- The new chain does not have masternodes, it’s not even a PIVX fork anymore, it has nothing to do with the original roadmap but is just using the Magnacoin name to try and drive up price
Keep your monies safe people!
July 26, 2018, 04:54:05 PM
Just compiled Windows binaries of latest (203eccbd0200d636ffa4b12fd1ed791149636ebc) komodod from dev branch:
mgnx-cli-win-26072018.7z
SHA256: dd27aa95aaee9ebe5b9db7fb9ae77e967ae372d100bfa64059a2aa1ab1112a79
VirusTotal: https://www.virustotal.com/#/file/dd27aa95aaee9ebe5b9db7fb9ae77e967ae372d100bfa64059a2aa1ab1112a79/detection
Archive includes:
This is all you need to start with MGNX on Windows. May be it helps to somebody who want to use CLI on native Windows.
mgnx-cli-win-26072018.7z
SHA256: dd27aa95aaee9ebe5b9db7fb9ae77e967ae372d100bfa64059a2aa1ab1112a79
VirusTotal: https://www.virustotal.com/#/file/dd27aa95aaee9ebe5b9db7fb9ae77e967ae372d100bfa64059a2aa1ab1112a79/detection
Archive includes:
- komodod.exe - Komodo Daemon
- komodo-cli.exe - Komodo Cli Tool
- mgnxd.cmd - batch for start MGNX
- info.cmd - batch to pereodically display wallet / mining / balance info
- fetch-params.bat - batch to automatically fetch required ZcashParams files
This is all you need to start with MGNX on Windows. May be it helps to somebody who want to use CLI on native Windows.
July 26, 2018, 11:05:24 AM
i can not sync with komodo cli
You should use the latest dev branch that should let you sync. If you already have a a chain just wipe it ( save your wallet)
July 26, 2018, 09:43:34 AM
i can not sync with komodo cli
July 26, 2018, 09:03:07 AM
Install Komodo manually - https://docs.komodoplatform.com/komodo/install-Komodo-manually.html
./komodod -ac_name=MGNX -ac_supply=12000000 -ac_staked=90 -ac_reward=2000000000 -ac_halving=525960 -ac_cc=2 -ac_end=2629800 -addnode=45.32.236.224
To setup your node to start mining blocks. You'll need a VPS server because these features are only available via the client and not GUI yet.
./komodod -ac_name=MGNX -ac_supply=12000000 -ac_staked=90 -ac_reward=2000000000 -ac_halving=525960 -ac_cc=2 -ac_end=2629800 -addnode=45.32.236.224
To setup your node to start mining blocks. You'll need a VPS server because these features are only available via the client and not GUI yet.
July 25, 2018, 04:54:31 PM
Dear MGNX Team,
I setup a
Insight Explorer:
http://mgnx.explorer.dexstats.info
Seed node:
78.47.205.239
Richlist (regenerated each 15 minutes):
https://dexstats.info/richlist.php?asset=MGNX
(JSON Snapshot of the whole chain https://dexstats.info/snapshots/MGNX_snapshot.json )
Transparent and Shielded as well as total Coinsupply Info
http://explorer.dexstats.info
Good decision to go for a KMD Assetchains
I setup a
Insight Explorer:
http://mgnx.explorer.dexstats.info
Seed node:
78.47.205.239
Richlist (regenerated each 15 minutes):
https://dexstats.info/richlist.php?asset=MGNX
(JSON Snapshot of the whole chain https://dexstats.info/snapshots/MGNX_snapshot.json )
Transparent and Shielded as well as total Coinsupply Info
http://explorer.dexstats.info
Good decision to go for a KMD Assetchains
July 25, 2018, 02:21:07 PM
Would you be interested in getting your chain notarized on BTC chain in the future using KMD dPOW technology? KMD has been helping projects getting more secure against 51% attack by dPOW, including gamecredits, veruscoin and others. Also dPoW actually is important for future scaling as scaling chains use dPoW to secure themselves as they are added. Join KMD discord to discuss more https://discord.gg/k2qRPD
July 25, 2018, 12:55:52 PM
The Airdrop model and MGNX coin generating scheme is a bit unclear.
So if we have 6 mil MGN on the Magna chain, there will be the posibility to drop up to 12 mil MGNX on the Komodo chain if all addresses Holding those 6 mil MGN were registered for aidrop ?
What happens after airdrop ? Will MGNX be dropped further while the old chain still generates MGN ?
The komodo MGNX chain starts at block 1, with those 12 mil Airdropped coins ?
Or is a fixed number of MGNX allready premined ? If there is a premine done, how do you know how much MGNX to premine, since the Supply of MGN increases with each block. Is there going to be a snapshot Happening for the Airdrop ?
And MGNX Held in the agama wallet will generate coins same as Komodo Held in agama wallet generates Komodo ?
So if we have 6 mil MGN on the Magna chain, there will be the posibility to drop up to 12 mil MGNX on the Komodo chain if all addresses Holding those 6 mil MGN were registered for aidrop ?
What happens after airdrop ? Will MGNX be dropped further while the old chain still generates MGN ?
The komodo MGNX chain starts at block 1, with those 12 mil Airdropped coins ?
Or is a fixed number of MGNX allready premined ? If there is a premine done, how do you know how much MGNX to premine, since the Supply of MGN increases with each block. Is there going to be a snapshot Happening for the Airdrop ?
And MGNX Held in the agama wallet will generate coins same as Komodo Held in agama wallet generates Komodo ?
5,800,000 MGN circulating supply
12,000,000 MGNX is the premine. The amount airdropped is just double the number of coins located at that address on the day of the drop. No snapshot needed.
MGNX also has an increasing supply up until block 5.2 million or so. 90% PoS / 10% PoW split. Check out the specs infographic.
July 25, 2018, 11:23:07 AM
I believe that a new project was initiated by the Komodo platform, because there have been many successful projects initiated by Komodo.
MGNX is not directly affiliated with Komodo. We are using their infrastructure to create an independent asset chain that will work in harmony to perform ZK-Snarks and atomic swaps with Magna coin.
July 25, 2018, 08:43:04 AM
I believe that a new project was initiated by the Komodo platform, because there have been many successful projects initiated by Komodo.
July 25, 2018, 08:14:02 AM
The Airdrop model and MGNX coin generating scheme is a bit unclear.
So if we have 6 mil MGN on the Magna chain, there will be the posibility to drop up to 12 mil MGNX on the Komodo chain if all addresses Holding those 6 mil MGN were registered for aidrop ?
What happens after airdrop ? Will MGNX be dropped further while the old chain still generates MGN ?
The komodo MGNX chain starts at block 1, with those 12 mil Airdropped coins ?
Or is a fixed number of MGNX allready premined ? If there is a premine done, how do you know how much MGNX to premine, since the Supply of MGN increases with each block. Is there going to be a snapshot Happening for the Airdrop ?
And MGNX Held in the agama wallet will generate coins same as Komodo Held in agama wallet generates Komodo ?
So if we have 6 mil MGN on the Magna chain, there will be the posibility to drop up to 12 mil MGNX on the Komodo chain if all addresses Holding those 6 mil MGN were registered for aidrop ?
What happens after airdrop ? Will MGNX be dropped further while the old chain still generates MGN ?
The komodo MGNX chain starts at block 1, with those 12 mil Airdropped coins ?
Or is a fixed number of MGNX allready premined ? If there is a premine done, how do you know how much MGNX to premine, since the Supply of MGN increases with each block. Is there going to be a snapshot Happening for the Airdrop ?
And MGNX Held in the agama wallet will generate coins same as Komodo Held in agama wallet generates Komodo ?
July 24, 2018, 08:38:36 PM
Looking great! Been accumulating MGN for a while now and looking forward to the 2:1 air drop!!
July 24, 2018, 09:00:48 AM
Can we sign our Magna Address with a text that is something else as the KMD address ? We are basically using the KMD address to sign the MGN address, generating a signature string, am i right ? But we can use any other "text" to sign the MGN address, right ?
It's optional. It would be easier and less confusing to use your KMD address for signing the message, however, the message content can technically be anything.
Aha, thanks for Clearing this one out.
Make sure to let us know when the Komodo Wallet Update kicks in. Everyone will Need to download the new Version i think.
July 23, 2018, 10:47:23 AM
Can we sign our Magna Address with a text that is something else as the KMD address ? We are basically using the KMD address to sign the MGN address, generating a signature string, am i right ? But we can use any other "text" to sign the MGN address, right ?
It's optional. It would be easier and less confusing to use your KMD address for signing the message, however, the message content can technically be anything.
July 22, 2018, 09:31:18 AM
There is no coin in the Agama list MGNX
The chain has not been integrated into the Agama wallet yet, but your KMD address will remain the same.
As ive read in discord MGN chanell, Komodo will do an update for their POS coins, and MGNX will be listed on the list. Somethis this next week, we should have a new wallet version.
July 22, 2018, 09:28:11 AM
Can we sign our Magna Address with a text that is something else as the KMD address ? We are basically using the KMD address to sign the MGN address, generating a signature string, am i right ? But we can use any other "text" to sign the MGN address, right ?
July 22, 2018, 01:26:26 AM
If you have a bounty available for spanish translation and/or for promoting your project (in english and/or spanish crypto channels) I would like to reserve it!, this is my portfolio and my previous works and the list of crypto channels where I can promote your project
http://bit.ly/2HvGwNx
Please let me know if you are interesting with a pm, thanks and good luck with your project!
http://bit.ly/2HvGwNx
Please let me know if you are interesting with a pm, thanks and good luck with your project!
July 21, 2018, 08:45:10 PM
There is no coin in the Agama list MGNX
The chain has not been integrated into the Agama wallet yet, but your KMD address will remain the same.
July 20, 2018, 06:34:22 PM
There is no coin in the Agama list MGNX
yes same here
July 20, 2018, 11:12:56 AM
There is no coin in the Agama list MGNX
July 19, 2018, 03:26:32 AM
July 19, 2018, 12:17:34 AM
The project looks great. Your website looks very professional and the ads are very interesting with the team quite well. I hope the contribution of my advertising can help the success of the project.
July 19, 2018, 12:27:57 AM
Good news for Magna coin holders, I think it will give an additional impetus to the growth of the price and the development of the coin as a whole
July 18, 2018, 10:00:24 PM
Russian and Ukrainian translation reserved
July 18, 2018, 07:47:05 PM
reserved for pool
July 18, 2018, 07:41:37 PM
MAGNA & MAGNAX
This thread follows on from the original ANN, which can be viewed from the following link -
HERE
Magna is a project that encompasses 2 cryptocurrencies: a stand alone asset chain built using the Komodo platform (MGNX) and a Masternodes supported blockchain (MGN).
Both were built to provide different utilities, with MGNX acting as a complementary coin for the main chain.
History:
MGN coin was created on November 22, 2017. In terms of distribution, the majority of the premine was sold on the now deceased Coinmarkets exchange. Magna provides anonymity through coin obfuscation and instant transactions via Swift tx. As of July 4, there have been over 326000 blocks mined and the final BR phase was reached 180 days after the inception of the original genesis block.
MGNX is currently being airdropped to all existing MGN holders. The genesis was mined on July 4, 2018 and comes packed with a variety of on-chain features, including: Zk-Snarks, atomic swaps and smart contracts that have the ability to interact with other asset chains.
MN ROI -
223.97%* = July 19, 2018
Track Masternode Statistics:
Masternodes.Online
Masternodes Guide
https://magnacoin.org/Home/MasternodeGuide
MGN Block Explorer
http://216.189.15.128/
MGNX Explorer
http://mgnx.explorer.dexstats.info/
Source Code
Github
Hosting
Node Hosting
Website
http://magnacoin.org
Atomic Swaps
The ability to swap MGN and MGNX simultaneously between 2 parties using the Komodo Easy DEX.
ZK-Snarks
The option to transact privately on MGNX via Zero Knowledge Proofs, which allows coins to be transferred from sender to receiver without revealing any information about the transaction. This is done through Zerocash Protocol and is made possible by using the Jumblr feature for a small transaction fee (0.3%), via the desktop Agama wallet.
Smart Contracts
The -ac_cc parameter has been set to 2, giving MGNX the ability to interact with other asset chains using smart contracts.
Cross Chain DAPPs
Listing to the BlockNet DEX has given the opportunity to bridge interoperability by building DAPPs that share data between multiple chains.
Swap Instructions
The time to claim the airdrop was from July 16 to September 10.
Amount
Everything has been airdropped at a 2:1 ratio.
The remaining MGNX has/will be used in the following manner:
80% - Burnt at the address: RD6GgnrMpPaTSMn8vai6yiGA7mN4QGPVMY
13% - SuperNET Donation
5% - Bounty fund
2% - Faucet
Prequisites
1) Installed the latest version of the Agama desktop wallet
2) A working Magna wallet that is holding coins
Claiming the airdrop
1) Open your MGN wallet
2) Click "File" >> "Sign Message"
3) Enter your MGN address. You'll need to sign a message for each MGN address that holds any coins that you're looking to claim the airdrop from.
4) In the message box, input your KMD address
5) Fill out the claiming form here. Ensure that you have kept track of your signature because this will be used to verify the message.
6) A script will be run to automate the drops.
The original plan was to airdrop within 72 hours of form submission, but this would lead to exploitation from people moving coins around their addresses between windows. Instead, a deadline was set for 25 August, 2018.
Google Form:
https://goo.gl/forms/ADW15nU7Ko4EH9Kq2
Instructions with pictures
https://docs.google.com/document/d/1rj0j7puS8Af5rvPer3Vii70HG37cjUShB121W46p9is/edit?usp=sharing
Setup a node to start mining and staking MGNX
Install Komodo manually - https://docs.komodoplatform.com/komodo/install-Komodo-manually.html
Public Mining Pool - http://pool.komodo.services/
./komodod -ac_name=MGNX -ac_supply=12465003 -ac_staked=90 -ac_reward=2000000000 -ac_halving=525960 -ac_cc=2 -ac_end=2629800 -addnode=142.93.27.180
To setup your node to start mining blocks. You'll need a VPS server because these features are only available via the client and not GUI yet.
FAQ
Refer to our FAQ for getting any questions answered -
https://cdn.discordapp.com/attachments/388335840356597762/493901260647432193/MGNX_Asset_Chain_FAQ.odt
Komodo Chain Notarization Status
https://komodostats.com/acs.php?ac=MGNX
MAGNA
MAGNAX
Apple [MGN]
Mac
Linux [MGN]
Linux 32
Linux 64
Windows [MGN]
Windows 32
Windows 64
Agama [MGNX]
Linux
Mac
Windows
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