Topic: The most innovative and fairest altcoin is launched Magicoin XMG - page 2. (Read 15558 times)

For updates check: https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170

Magi XMG news:
http://cryptos.us/crypto-news/item/58-coin-magi-a-unique-cpu-coin


Magi added on new exchange:
https://bleutrade.com/exchange/XMG/BTC

https://github.com/magi-project/m7m-cpuminer-v2

Remember Wallet update:

1. M7M-v2 (hardfork on 10/26/2014 9:30:00 AM EST)

A switchover of the mining algorithm to M7M-v2 will occur on 10/26/2014 9:30:00 AM EST. Details about M7M-v2 can be found here: https://bitcointalksearch.org/topic/m.9230961. The expected hashrate using the new algo is 2.545 times less than that with the prior algo. To continue with mining, download the new minerd (we will add download links here and in the OP soon), and follow the pool mining guide.

Be sure that you are using the new wallet v1.1.0.1 too.

2. Block rewarding system (hard fork at block 32,750)

A change in the block rewarding system is needed. This won't change the block rewards, but to be better to comply with the change of hashrate due to the M7M-v2 algo. The new algo leads to less network hashrate; the new block rewards will have maximum value at diff = 0.68 (for low block height); according to hashrate = diff * 2^32/180, that is about 16 Mh/s. We have also made increasing maximum diff with block height, to allow more people mining later on, e.g., optimum hashrate of 27 Mh/s which produces 300XMG at block 40,000.

3. A new difficulty adjustment method - Magi quantum wave (MQW) (hard fork at block 33,500)

Superficially a name here: Magi quantum wave (MQW) (http://en.wikipedia.org/wiki/Wave_function). This adjustment is done by averaging prior 15 block difficulties. A significant difference here from other adjustment implementations is that each block difficulty accounted is given a weight, and higher weights are given to more recent blocks; in addition to that, block time is also taken into account. Usually the lower difficulty, the smaller block time. The adjustment algo considers less weight of a block which has the lower difficulty. See details here: https://github.com/magi-project/magi/blob/master/src/main.cpp#L1296

4. Finalizing the PoW-II

As we can see the PoW-I  (will be finished at block 50,000) has produced less coins than expected. To continue the CPU mining, also along with the new algo implementation, it will be very necessary to continue the PoW mining, that will finally make XMG a hybrid PoW/PoS-II coin and that is supposed to remain years long. The hybrid system is more secure than the pure PoW or pure PoS. The PoW-II block reward has maximum 50 XMG and minimum 3 XMG, with the same block rewarding adjustment as the PoW-I. Similarly, the optimum diff grows over time.

Wallet v1.1.0.1:

http://cryptomagic.com/files/magi-release/v1.1.0.1/

Github source code: https://github.com/magi-project/magi

Another item
http://www.satoshis.guru/home/coin-news/magicoin/
Thanks!

http://cryptocoinchronicle.com/
http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/

Check the front page!
Magi XMG has two videos out there

new unique give-away!
http://bitcoingarden.tk/forum/index.php?topic=1491.0

Part 1 Magi XMG MASTERPLAN

Test phase.                  Target successfully achieved


XMG thread translations.      
Dutch https://bitcointalksearch.org/topic/--740276
Indonesian https://bitcointalksearch.org/topic/pre-ann-testnet-xmg-magi-new-pos-ii-distr-paling-terjamin-tor-anon-m-760497
Chinese https://bitcointalksearch.org/topic/xmg-magi-pos-tor-m7-763187
https://bitcointalksearch.org/topic/xmg-magi-pos-ii-m7m-cpu-786053
Portuguese https://bitcointalksearch.org/topic/ann-inicio-12-set-xmg-magi-1o-pos-ii-distib-justa-tor-m7m-so-cpu-763774
Spanish  https://bitcointalksearch.org/topic/ann-xmg-magi-1-pos-ii-distr-justa-tor-m7m-solo-cpu-767083
Hebrew  https://bitcointalksearch.org/topic/ann-xmg-pos-ii-torm7m-cpu-768497
Turkish https://bitcointalksearch.org/topic/xmg-magi-new-pos-ii-most-secured-distr-tor-anon-771373
Italian https://bitcointalksearch.org/topic/ann-xmg-magi-nuovo-pos-ii-distr-sicura-tor-anon-m7-771928
French https://bitcointalksearch.org/topic/pre-ann-2e-test-xmg-magi-pos-ii-dist-plus-securise-tor-anon-m7-771859
Indian https://bitcointalksearch.org/topic/re-pre-ann-2nd-test-xmg-magi-pos-ii-distr-tor-anon-772324
Russian  https://bitcointalksearch.org/topic/coin-magi-xmg-m7m-cpu-bittrex-poloniex-ccex-cryptoine-774235
German https://bitcointalksearch.org/topic/launched-xmg-magi-1st-pos-ii-fair-distr-tor-m7m-cpu-776461
Greek http:// https://bitcointalksearch.org/topic/ann-launch-on-sep-13-xmg-magi-1st-pos-ii-fair-distr-tor-m7m-cpu-only-781652
Romanian https://bitcointalksearch.org/topic/ann-lansare-13-sep-xmg-magi-i-pos-ii-distr-corecta-tor-m7m-doar-cpu-779717


XMG exchanges.               
https://cryptoine.com/trade/xmg_btc
https://c-cex.com/?p=xmg-btc
https://c-cex.com/?p=xmg-usd
https://www.swisscex.com/market/XMG_BTC
https://betasharex.com/trade/XMG/BTC

XMG voting                  
https://www.cryptsy.com/coinvotes/
https://www.bter.com/voting

XMG give-aways.               
http://bitcoingarden.tk/forum/index.php?topic=1398.0

XMG website.               
www.cryptomagic.com

XMG reddit.                  
https://www.reddit.com/r/coinmagi

XMG twitter.               
https://twitter.com/CoinMagi

XMG facebook.            
https://www.facebook.com/CoinMagi

XMG game.                  
http://xmg.maxbet.club/

XMG donations.               
http://goo.gl/forms/WhcB7aHsFT

XMG Coinmarketapp.            
http://www.coinmarketapp.com/

XMG international.            
http://8btc.com/thread-10795-1-1.html

XMG Proof of mining campaign (unique).   
https://bitcointalksearch.org/topic/ann-proof-of-mining-campaign-xmg-magi-1st-pos-ii-tor-m7m-cpu-only-802681

XMG Proof of biking campaign (unique).   
https://bitcointalksearch.org/topic/ann-proof-of-biking-campaign-pob-820255

XMG Service and market         
https://sites.google.com/site/blueprintenhancementservice/
more in development

XMG android wallet app.         
in development

XMG payment services            
in development

XMG other websites            
http://www.worldcoinindex.com/
http://www.coinmarketcap.com/
http://www.satoshis.guru/?page_id=358
https://www.cryptonator.com/rates/XMG-BTC
http://8btc.com/thread-7626-1-1.html
http://bitcoingarden.tk/forum/index.php?topic=1415.0

XMG faucet                  
in development

XMG media                  
http://arxiv.org/abs/1409.7948 
more in development

XMG whitepaper      
http://cryptomagic.com/files/publications/A%20network-dependent%20rewarding%20system%20-%20proof-of-mining.pdf

XMG TOR            
Wallet enables the Tor anonymity                  

XMG POS II (unique)            
still to come

XMG airdrop               
https://bitcointalksearch.org/topic/pre-poad-magi-xmg-proof-of-airdrop-campaign-eta-coming-soon-822547

XMG videos
https://www.youtube.com/watch?v=7EkAbPacS7c&feature=youtu.be
https://www.youtube.com/watch?v=jpvpO0OE7Dw
https://www.youtube.com/watch?v=UaJKTWugF8s&feature=youtu.be
https://www.youtube.com/watch?v=W71FVD6YWM8

Vision Statement and goal:

Magi XMG has to become a professional decentralized payment network used by millions of people across the world. XMG is a fair coin without premine. XMG will be used as currency in order to pay for goods and services on the internet or in shops, restaurants, hotels, etc.
XMG should be treated as your normal wallet, and sometimes even better than that!
Just like in real life, pay attention to your wallet. XMG makes it easier than ever to send your money worldwide, you always have control over your money.

Objective of XMG:

Obtaining global acceptance.
Large number of usage possibilities.
Despite the tough competition always stay unique.
XMG will continuously go with the upcoming future changes
This is a short version of the plans to XMG.

Super video!!

Give-away finished.
China start with XMG.
http://8btc.com/thread-10795-1-1.html
http://8btc.com/thread-7626-1-1.html

Twitter give-away campaign!
Check out this:
http://bitcoingarden.tk/forum/index.php?topic=1398.0
http://coinzen.org/index.php/topic,1131.0.html

Just started:
XMG Magi for the Chinese market
http://8btc.com/thread-8726-1-1.html
More information will follow.

Proof of mining campaign mining starts. To protect miners
Here is the link: https://bitcointalksearch.org/topic/ann-proof-of-mining-campaign-xmg-magi-1st-pos-ii-tor-m7m-cpu-only-802681

This is a great application.
Magi XMG will be the first parts listed in the TOP position Google play, coinmarketapp with Bitcoin, Litecoin, Ripple, BitsharesX, NXT, and Peercoin.
https://play.google.com/store/apps/details?id=coin.market.app.com

Right now, people are working on an application portfolio minor for Android and iOS
Info on this will follow.
Magi XMG is added on the votinglist on www.cryptsy.com

XMG is now really stand out as unique altcoin

XMG update:

XMG Magicoin is added Swissex and CCEX
XMG added to two exchanges in one day.
Check it out. https://www.swisscex.com/market/XMG_BTC
https://c-cex.com/
XMG added to the votinglist of BTER.
https://bter.com/
Vote.

On the contrary. Because it is a unique coin this Chinese developer will make XMG to be a big success.
Everything new has more problems starting up.
Most problems have been resolved and the mining is stable. XMG has now for days the highest BTC volume of trading on exchange Cryptoine.
XMG is waiting for a big exchange.
Then it will go even better.
In the background, people are busy with marketing and promotions. It's not even two weeks ago that the coin has been launched.
We would like to go fast, but there are plenty of examples in the crypto world that patience will be rewarded.

So far coin seems uneventful.

हमारे अनुयायियों के लिए टिप.
XMG खरीद करने के लिए बहुत लंबा इंतजार मत करो.
XMG बड़े एक्सचेंजों राज्य, मूल्य वृद्धि पर हैं.
सवाल यह होगा नहीं है कि क्या है.
प्रश्न जब है.
Tip for our followers.
Do not wait too long to purchase XMG.
XMG large state exchanges, prices are on the rise.
The question is not whether it will happen.
The question is when.

Thread is updated!