Bitcoin Forum

What is MACRO?
MACRO solves one of the major problems of owning crypto currencies.  When it comes to derivative based trading for altcoins, your options are extremely limited.

With MACRO it is now possible to short any altcoin on the market, and also to trade altcoins with leverage (margin trading).

In this way, MACRO is a hedge against risk in the altcoin market.

For example, let's say you want to open a short position for 100 ABCoins. That means you want to buy 100 ABCoins hoping that the price will go down.

Using our decentralised exchange (MACROex), 100 ABCoins are borrowed to the user, and automatically sold for the equivalent amount in MACRO. If the price of ABCoin falls, the user now buys back 100 ABCoins using MACRO, and keeps the difference made from this transaction for himself as profit.

Having asset protection in place by reducing your exposure is a fundamental requirement in today’s markets.  MACRO makes this a seamless process, we offer something no other altcoin can, which is peace of mind.

MACRO also makes it possible for users to trade any altcoin on the market using leverage.

Our margin trading feature is unique in the altcoin world. Basically, it allows you to automatically borrow funds from the MACROex pool of liquidity to trade any altcoin.

For example, let's say you want to open a long position for 100 ABCoins. That means you want to buy 100 ABCoins hoping that the price will go up. The system will automatically draw these coins from the MACROex pool of liquidity, at the best rates available. Your position will have a maximum period (defined by the balance in the pool), after which you will have to reimburse the 100 ABCoins (close the position).

At any time before the expiration date, you can close your position. This will reimburse the system, and you will keep the profit.

The same goes for short positions, where you borrow altcoins and immediately sell for MACRO.
If there is no funds immediately available in the pool of liquidity, you will not be able to open your position.

The MACROex pool of liquidity is used to make margin trading and short selling possible. It does not serve the purpose of buying or selling coins, it serves only as margin requirements. Funds in pool are to cover for eventual losses that may occur and to actualise all profits. When the maturated loss equals almost all your wallet balances, you may get a margin call and have your position force-closed to avoid further losses.

MACRO Deterministic Wallet
MACRO uses a deterministic wallet. What is a deterministic wallet?  It's a wallet that you can backup once and it stays backed up forever because all future addresses are determined in advance.

It can also be stripped down to a very small size which could be easily backed up on paper (e.g. with a QR code). This is a direct contrast to the current non-deterministic wallets where the keys are random but are precompiled ahead of time so that you're safe only if you backup at least every 100 get addresses or sends, which grow large and harder to backup on paper over time.

MACRO’s deterministic wallet eliminates the need to consistently back up your addresses.

This feature allows users to restore their wallet in case of loss, or to easily transport their wallet onto another machine.

The MACRO wallet uses the blockchain as the only source of information; we do not want users to be tied to a third-party storage.

In order to achieve this, the client watches the next addresses that are going to be used in its deterministic sequence.

Is it Bittrex confirmed coin?

A NO-ICO coin. I wish you good luck with your project, meanwhile can you give us more details about email payment? Is it like Paypal? :)

Indeed it is, you can expect live trading to begin within the next few hours ;)

Hi dev, i can't download windows-qt  wallet  from mega, please replace to another filehosting

when start mining phase?

Exchange？

No pool available?

https://www.virustotal.com/it/file/90c5a26220a8f8859da89c8c381f5c0e6421e0560f1c6a955324ef1828189cfb/analysis/1441013469/

version" : 1000001,
"protocolversion" : 70010,
"walletversion" : 60000,
"balance" : 0.00000000,
"blocks" : 269,
"timeoffset" : 0,
"connections" : 2,
"proxy" : "",
"difficulty" : 2.80434167,
"testnet" : false,
"keypoololdest" : 1441014382,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""

any pool?

thanks

That's one of the things I'm paranoid about. If you shelf coins that are from before a certain date, is there going to be a point when the community gets sick of preserving the ledger back to that date?

any pool?

Thanks

Pool please ?!

Ill try to mine some

is there no pool? would like to mine some

No pool? Seems like something new Im in

Pool ROD!

http://pool.rodlycirus.org/

Happy Mining!!

I noticed the 22 mil put up on Bittrex had an extra 24k in it. what are they for? and what just happened to 113 of them?

Cheers.

Thanks

New pool? Let's see how it works :)

Wow, straight on Bittrex!

Any bounties for a Mac wallet?

how many conf?

SO how much were you paid to say that? The miner pool was for other coins, Any questions about coins are removed, (even valid ones)  the premine wallet is being sold.. three other threads here would disagree with you, And I was the buy support early on.... But whatever.... shill

I based my review on current code/OP, I do not offer review service or get paid for it. I just do it at random.
I did point out that the thread is badly managed, and there is lack of transparency.
The dev of this coin can release something great or dump everything, but as far as I am concerned the code
is clean.

Well those coins i quickly bought yesterday and sold between 27k and 30k turned ok. Can buy shit loads back =win