Bitcoin Forum

Local => Alt Coins (India) => Topic started by: 111magic on August 29, 2014, 06:56:40 AM



Title: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on August 29, 2014, 06:56:40 AM
Hard fork [client version v1.2.0.1]

Please update the wallet to v1.2.0.1 (mandatory):

Windows: http://coinmagi.org/files/magi-release/win32_magi_v1.2.0.1.zip (http://coinmagi.org/files/magi-release/win32_magi_v1.2.0.1.zip)
Linux: http://coinmagi.org/files/magi-release/linux_amd64_magi-qt_v1.2.0.1 (http://coinmagi.org/files/magi-release/linux_amd64_magi-qt_v1.2.0.1)
Source code: https://github.com/magi-project/magi/ (https://github.com/magi-project/magi/)

This update includes the following hard forks:
PoS hard fork at block 131100 for better staking results (Expected on January 6)
PoS-II Protocol V2 hard fork at block 131300 (Expected on January 6)
PoW-V2 hard fork: 1/7/2015, 12:00:00 PM EST time (GMT-5:00)

Details regarding this update: https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269

http://coinmagi.org/misc/images/magi-thread/Heading-v2-00.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/Site/icons/images/fc-webicon-facebook.png (http://www.facebook.com/CoinMagi)  http://coinmagi.org/Site/icons/images/fc-webicon-twitter.png (https://twitter.com/CoinMagi)  http://coinmagi.org/Site/icons/images/reddit-academy.png (https://www.reddit.com/r/coinmagi)  http://coinmagi.org/Site/icons/images/YouTube-logo.png (https://www.youtube.com/user/TheCoinMagi)
Freenode IRC: #magi (https://kiwiirc.com/client/irc.freenode.net/#magi)  |   Skype: coin.magi  |   QQ group: 337678945  |   Email: support@coinmagi.org
http://coinmagi.org/misc/images/magi-thread/OP/space.png
MagiPub (https://bitcointalk.org/index.php?topic=846100.0) | MagiPay (https://bitcointalk.org/index.php?topic=886892.0) | MagiMining (https://bitcointalk.org/index.php?topic=848697.0) (Discussion (https://bitcointalk.org/index.php?topic=859820.0)) | MagiDev (https://bitcointalk.org/index.php?topic=848731.0) | MagiCampaign (https://bitcointalk.org/index.php?topic=735170.msg9158683#msg9158683)
http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/misc/images/magi-thread/OP/line-02.png
Website (http://www.coinmagi.org) | Forum (http://www.m-talk.org) | Wallet Downloads (http://coinmagi.org/files/magi-release/) | Source code (https://github.com/magi-project/magi)
(wallet version: 1.1.0.2)

Coins Source Trust Index (http://www.coinssource.com/trust-index/magi-xmg/)
http://www.coinssource.com/wp-content/themes/enfold/images/trust-index/verified/7.png (http://www.coinssource.com/trust-index-verification/)
http://www.coinssource.com/trust-index/magi-xmg/

http://coinmagi.org/misc/images/magi-thread/magi_260.png
Launched on Sep. 15, 5:00 PM EST

http://coinmagi.org/misc/images/magi-thread/OP/Magi-sum-07.png

http://poolinfo.coinmagi.org/ (http://poolinfo.coinmagi.org/)
https://www.magipool.info/ (https://www.magipool.info/)
Multipool mining guide: https://bitcointalk.org/index.php?topic=735170.msg9529437#msg9529437 (https://bitcointalk.org/index.php?topic=735170.msg9529437#msg9529437)
CPU mining discussion thread: https://bitcointalk.org/index.php?topic=859820.0 (https://bitcointalk.org/index.php?topic=859820.0)

          # Minerd (source code (https://github.com/noncepool/m7magi-cpuminer-v2))
           http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png A simplified miner enclosed a few compilations: (http://coinmagi.org/files/magi-minerd/Magi-miner-v0.1.zip) download link (http://coinmagi.org/files/magi-minerd/Magi-miner-v0.1.zip)
           http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png Spexx's guide and miner dowloads (https://bitcointalk.org/index.php?topic=735170.msg9412187#msg9412187)
           http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png MarcusDe's guide and miner dowloads (http://graymines.net/miners/magi/v2) (generic miner (http://graymines.net/miners/magi/cpuminer_win64_magi_byMarcusDe-generic.zip))
           http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png VPS mining (https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103), cygwin compilation (windows) (https://bitcointalk.org/index.php?topic=735170.msg8825199#msg8825199)
           http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png Compile and run CPU miner on Mac OS (https://bitcointalk.org/index.php?topic=735170.msg9576881#msg9576881)
           http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png How to run a minerd (https://bitcointalk.org/index.php?topic=735170.msg8825278#msg8825278)

[MagiIntro Video] - What is Coin of the Magi?
https://i.imgur.com/mMheZRm.png (http://youtu.be/7EkAbPacS7c)  http://coinmagi.org/misc/images/video/video-01.png (https://www.youtube.com/watch?v=jpvpO0OE7Dw)
http://coinmagi.org/misc/images/magi-thread/OP/space.png
[Donating the magi-project]
XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq
LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC


12/31: Sharping the PoW rewarding system & updates to make PoS-II the most secure coin so far; https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269
12/28: Magi JSON-RPC libraries for C++ and Node.js; https://bitcointalk.org/index.php?topic=735170.msg9967546#msg9967546
12/03: Preview of MagiPay - standalone payment gateway for Magi; https://bitcointalk.org/index.php?topic=735170.msg9731024#msg9731024
11/12: Magi Multipool; https://bitcointalk.org/index.php?topic=735170.msg9526629#msg9526629
11/11: MagiTeam & roadmap & plans; https://bitcointalk.org/index.php?topic=735170.msg9511891#msg9511891
11/10: Bittrex market is live; https://bittrex.com/Market/?MarketName=BTC-XMG
11/09: Magi-stratum for setting up pools; https://bitcointalk.org/index.php?topic=735170.msg9493680#msg9493680
11/08: Poloniex trading and escrow service; 720,000 XMG burned (93m4hAxmCcGXMfnjVPfNhWSjb69sDziGSY (https://bchain.info/XMG/addr/93m4hAxmCcGXMfnjVPfNhWSjb69sDziGSY)); https://bitcointalk.org/index.php?topic=735170.msg9475622#msg9475622
11/06: Coins Source Trust Index (7/7); https://bitcointalk.org/index.php?topic=735170.msg9460819#msg9460819
10/30: MagiTor and some other updates; https://bitcointalk.org/index.php?topic=735170.msg9378469#msg9378469 (https://bitcointalk.org/index.php?topic=735170.msg9378469#msg9378469); Downloads: http://coinmagi.org/files/magi-release/magitor (http://coinmagi.org/files/magi-release/magitor/)
10/24: Mandatory wallet update [Hardfork] M7M-v2, block rewards, difficulty adjustment - Magi quantum wave (MQW) and PoW-II phase updates; https://bitcointalk.org/index.php?topic=735170.msg9310611#msg9310611
10/17: Enhancing CPU mining: M7M hardfork in testnet 10/17/2014 8:00 PM EST; https://bitcointalk.org/index.php?topic=735170.msg9230961#msg9230961
10/07: Coin swap final: total 227,140 XMG will be used for swap, that is only 0.9% of total supply; swap ratio: 16 old Magicoin => 1 XMG; coins swapped no more than 10% of total XMG in circulation, escrow will be used to hold unswapped coins: https://bitcointalk.org/index.php?topic=821170.msg9190490#msg9190490; unswapped coins (except some bounties we paid, like translation, video, etc) will be destroyed. I believe this is very much a guarantee for the miners/investors.
10/07: PoS-II: https://bitcointalk.org/index.php?topic=735170.msg9121445#msg9121445
          Coming updates & regarding coin swap; https://bitcointalk.org/index.php?topic=735170.msg9111697#msg9111697
10/02: Anyone can lead a MagiCampaign; https://bitcointalk.org/index.php?topic=735170.msg9060955#msg9060955
09/29: Proof of mining campaign; https://bitcointalk.org/index.php?topic=735170.msg9019696#msg9019696 (https://bitcointalk.org/index.php?topic=735170.msg9019696#msg9019696)
                                                 https://bitcointalk.org/index.php?topic=802681.0 (https://bitcointalk.org/index.php?topic=802681.0)
09/28: Releasing MagiPublication (http://arxiv.org/abs/1409.7948), new block rewards explained, statement of future plans; https://bitcointalk.org/index.php?topic=735170.msg9008850#msg9008850
          [Available online] https://bitcointalk.org/index.php?topic=735170.msg9023457#msg9023457 (https://bitcointalk.org/index.php?topic=735170.msg9023457#msg9023457)
09/26: About the new block reward and more; https://bitcointalk.org/index.php?topic=735170.msg8976083#msg8976083
09/25: Proposal of algo revision, half-closed source code, pool limiting hash; https://bitcointalk.org/index.php?topic=735170.msg8968087#msg8968087
09/24: Initiate coin swap; https://bitcointalk.org/index.php?topic=735170.msg8950501#msg8950501
09/23: Build a solid cpumining network; pls setup FREE VPS; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103
09/21: How does the new block rewarding system look like: fist look (https://bitcointalk.org/index.php?topic=735170.msg8919002#msg8919002); misc (IRC (http://coinmagi.org/files/misc/irc-log-09-21.txt)): https://bitcointalk.org/index.php?topic=735170.msg8919460#msg8919460
09/20: Need five pools to support Proof of Mining Campaign; https://bitcointalk.org/index.php?topic=735170.msg8906452#msg8906452
09/20: Mandatory wallet update v1.0.0.2; https://bitcointalk.org/index.php?topic=735170.msg8898198#msg8898198
09/19: MagiPlans and more info; https://bitcointalk.org/index.php?topic=735170.msg8892210#msg8892210
09/19: An potential adjustment of block rewards - diff; https://bitcointalk.org/index.php?topic=735170.msg8884670#msg8884670
09/18: Urgent, please repond; https://bitcointalk.org/index.php?topic=735170.msg8878920#msg8878920
09/16: XMG needed for bounties (translation); https://bitcointalk.org/index.php?topic=735170.msg8851642#msg8851642
09/16: A short summary and an issue to be resolved; https://bitcointalk.org/index.php?topic=735170.msg8845155#msg8845155
09/13: Mining test before launch; https://bitcointalk.org/index.php?topic=735170.msg8824996#msg8824996
09/13: A guide for VPS mining; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103
09/10: OP & coin distribution review; https://bitcointalk.org/index.php?topic=735170.msg8755719#msg8755719
09/07: About CPU PoW algorithm; https://bitcointalk.org/index.php?topic=735170.msg8716805#msg8716805
09/04: Miners, possible M7-N algo; https://bitcointalk.org/index.php?topic=735170.msg8680640#msg8680640
08/30: 2nd testnet; https://bitcointalk.org/index.php?topic=735170.msg8593208#msg8593208
08/25: cpu&gpu miners ported; cudaminer needs test though: https://bitcointalk.org/index.php?topic=735170.msg8533387#msg8533387
https://github.com/magi-project
08/23: CPU miner is ready for 2nd test: https://bitcointalk.org/index.php?topic=735170.msg8499202#msg8499202
08/21: we got an issue, will fix and run the testnet again: https://bitcointalk.org/index.php?topic=735170.msg8463488#msg8463488
08/20 (PoS-II): https://bitcointalk.org/index.php?topic=735170.msg8453963#msg8453963
08/18: 1st testnet; https://bitcointalk.org/index.php?topic=735170.msg8427923#msg8427923
Summary of past important updates: https://bitcointalk.org/index.php?topic=846579.0





12/13: Crypto Mining Blog: http://cryptomining-blog.com/4017-coin-magi-xmg-cpu-only-alternative-crypto-currency/
12/01: Coinkita.com (a bitcoin educational community startup) (Indonesian ): http://coinkita.com/xmg-magi/
11/23: BTC-Germany: http://blog.btcgermany.eu/altcoin-der-woche-magicoin-xmg/
11/15: The Bitcoin News: http://thebitcoinnews.com/2014/11/15/coin-magi-cpu-miners-dream-proof-of-mining-pos-ii/
11/14: Coins Source: http://www.coinssource.com/coin-magi-a-cpu-miners-dream-proof-of-mining-pos-ii/
10/31: Mundo Crypto: La moneda de distribución justa (Spanish); http://www.mundocrypto.com.ve/uncategorized/magi-xmg-la-moneda-de-distribucion-justa/
10/29: The Einsteinium News: https://sites.google.com/site/einsteiniumbiz/home/page-2
10/28: The Bitcoin News: http://thebitcoinnews.com/2014/10/28/coin-magi/
10/28: Cryptos.Us: http://cryptos.us/crypto-news/item/58-coin-magi-a-unique-cpu-coin
10/21: Satoshis.Guru: http://www.satoshis.guru/home/coin-info/magicoin/
10/19: The Cryptocoin Chronicle: http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/



http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/misc/images/magi-thread/OP/exchanges-01.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png
Bittrex (https://bittrex.com/Market/?MarketName=BTC-XMG) | Poloniex (https://poloniex.com/exchange/btc_xmg) | Cryptoine (https://cryptoine.com/trade/xmg_btc) | Bitspark (https://www.bitspark.io/) | C-Cex (https://c-cex.com/?p=xmg-btc) | Betasharex (https://betasharex.com/trade/XMG/BTC) | Bleutrade (https://bleutrade.com/exchange/XMG/BTC)

Buy Magi using fiat currency
(USD, Euro, Pounds)
LiteBit.eu (https://www.litebit.eu/coin/xmg/en/)

http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/misc/images/magi-thread/OP/voting-01.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png
bter (https://www.bter.com/voting) | cryptsy (https://www.cryptsy.com/coinvotes/) | crypto-trade (https://crypto-trade.com/voting) | askcoin (https://askcoin.net/votes)

http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/misc/images/magi-thread/OP/block-explorers-01.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png
m-chain.info (official) (http://m-chain.info) | CryptoID (https://chainz.cryptoid.info/xmg) | Bchain.info (https://bchain.info/XMG/) | Blockexperts (http://blockexperts.com/xmg) | MultiFaucet (http://www.multifaucet.tk/index.php?blockexplorer=XMG)

http://coinmagi.org/misc/images/magi-thread/OP/space.png
Payment gateway
http://coinmagi.org/misc/images/magi-thread/OP/space.png
MagiPay (under development) (http://www.m-epays.com/) | Cointopay (http://cointopay.com/)

http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/misc/images/magi-thread/OP/pools-01.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png
(http://poolinfo.coinmagi.org)
Nonce-pool (http://magi.nonce-pool.com) | Suprnova (http://xmg.suprnova.cc) | SuchPool (http://suchpool.pw/xmg/index.php) | Hashhot (http://xmg.hashhot.com/) | MagiPool (https://pow.magipool.info/) | Becausepool (https://www.becausepool.com/index.php?coin=xmg)

MagiPool
https://www.magipool.info/ (https://www.magipool.info/)

Multiple Pool
https://multi.magipool.info/ (https://multi.magipool.info/)


Rent or lease mining rigs (https://www.miningrigrentals.com/rigs/m7m)
https://www.miningrigrentals.com/images/mrr-logo2 (https://www.miningrigrentals.com/rigs/m7m)
http://coinmagi.org/misc/images/magi-thread/OP/merchants-02.png

Blueprint Enhancement Service (https://sites.google.com/site/blueprintenhancementservice/)
https://i.imgur.com/aeYTY1b.jpg (https://sites.google.com/site/blueprintenhancementservice/)

https://pexpeppers.com/ (https://pexpeppers.com/)
https://i.imgur.com/gVegTI7.png (https://pexpeppers.com/)

http://www.armisgame.com/ (http://www.armisgame.com/)
https://i.imgur.com/SEWVed3.jpg (http://www.armisgame.com/)

http://hausfay.com/ (http://hausfay.com/)
http://hausfay.com/sites/all/themes/hausfay/logo.png (http://hausfay.com/)

http://bitscoinshop.com.br/en/ (http://bitscoinshop.com.br/en/)
https://i.imgur.com/lC5gwBy.jpg (http://bitscoinshop.com.br/en/)

Tourism in Indonesia (yogyakarta) offered by Coinkita
https://i.imgur.com/Ddlfwbb.jpg (https://bitcointalk.org/index.php?topic=735170.msg9486366#msg9486366)


Paper wallet (http://paperwallet.coinmagi.org/)
https://i.imgur.com/LM27tgR.png (http://paperwallet.coinmagi.org/)
https://bitcointalk.org/index.php?topic=735170.msg9431836#msg9431836


Coin Magi is listed in the TOP position of Coin Market App (https://play.google.com/store/apps/details?id=coin.market.app.com) along with
Bitcoin, Litecoin, Ripple, BitsharesX, NXT, and Peercoin.

https://i.imgur.com/TPYbHXK.png  https://i.imgur.com/A1kebUF.png



http://coinmagi.org/misc/images/magi-thread/OP/timeline-0-01.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png


http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/misc/images/magi-thread/OP/timeline-1-01.png
http://coinmagi.org/misc/images/magi-thread/OP/timeline-2-01.png


MagiPay - standalone payment gateway for Magi
http://www.m-epays.com (http://www.m-epays.com)
http://coinmagi.org/misc/images/magipay/magiflow-01.png

How does it work?
1. A merchant creates an account at m-epays.com; after successful registration one can create a payment box;
2. m-epays.com issues MagiPay account details;
3. Integrate MagiPay to merchant's website;
4. Customer clicks the 'Pay with magi' button, MagiPay connects to m-epays.com server and requests for a specific payment box;
5. m-epays.com issues a MagiPay address and the total amount to be paid;
6. Customer sends coins to the MagiPay address;
7. Once the payment is received and confirmed, the server informs the successful payment;
8. After 1 hour upon the payment is received, the server automatically transfer the amount of magi to merchant's registered external wallet address.

What's special?
1. Fully configurable compared to the third party service provider, since we ourselves will develop and manage the system;
2. Using the payment service provided by MagiPay will be free, in comparison with cases which charge minimum 0.5%. Additional feature to make use of the free service is the inclusion of fiat/BTC-XMG conversion, which practically reduces charge accumulated during the process, where payment is done typically by, for example, the credit card.
3. Delivery:
  • Phase #1: Basic functionality, e.g., buying goods online via using XMG (end of December or so)
  • Phase #2: Embedded with advanced features (survey, see blow)
  • Phase #3: The inclusion of the fiat/BTC-XMG exchange.

Survey of advanced features:  
https://docs.google.com/forms/d/1cq1E-8hvOcaOaAFPES9X9IIf1gV9ZP-ibgWbVUsBOfY/viewform?usp=send_form (https://docs.google.com/forms/d/1cq1E-8hvOcaOaAFPES9X9IIf1gV9ZP-ibgWbVUsBOfY/viewform?usp=send_form)




PoW phase I:  block 1 - 50,000; block rewards between 5 and 300 XMG
PoW phase II: block > 50,000;   block rewards between 3 and 50 XMG
PoS-II: initiated at block 10080 (see following details)


Code:
addnode=104.128.225.215
addnode=216.189.144.213
addnode=162.245.217.165
addnode=104.131.57.65
addnode=104.131.42.100

Code:
posii=0
(Disable PoS-II)



http://coinmagi.org/misc/images/magi-thread/OP/space.png

http://coinmagi.org/misc/images/magi-thread/OP/space.png

http://coinmagi.org/misc/images/magi-thread/OP/space.png

http://coinmagi.org/misc/images/magi-thread/OP/space.png

http://coinmagi.org/misc/images/magi-thread/OP/space.png

http://coinmagi.org/misc/images/magi-thread/OP/space.png

http://coinmagi.org/misc/images/magi-thread/OP/space.png

http://coinmagi.org/misc/images/magi-thread/OP/space.png

A network-dependent rewarding system: proof-of-mining (http://coinmagi.org/files/publications/A%20network-dependent%20rewarding%20system%20-%20proof-of-mining.pdf) (http://arxiv.org/abs/1409.7948)
http://coinmagi.org/files/publications/proof-of-mining_arxiv.org.png
arxiv is an e-prints. it has received paramount attention in the academy: http://en.wikipedia.org/wiki/ArXiv [Begun on August 14, 1991,
arXiv.org passed the half-million article milestone on October 3, 2008. By 2012 the submission rate had grown to more than 7,000 per month].


Videos
https://www.youtube.com/watch?v=7EkAbPacS7c
https://www.youtube.com/watch?v=W71FVD6YWM8
https://www.youtube.com/watch?v=jpvpO0OE7Dw
https://www.youtube.com/watch?v=UaJKTWugF8s

  • Dutch (by 111magic): https://bitcointalk.org/index.php?topic=829467.0
  • Indonesian (by feryjhie): https://bitcointalk.org/index.php?topic=760497.0
  • Chinese (by baby222): https://bitcointalk.org/index.php?topic=763187.0
                                   https://bitcointalk.org/index.php?topic=786053.0
  • Portuguese (by libivan): https://bitcointalk.org/index.php?topic=763774
  • Spanish (by zarton): https://bitcointalk.org/index.php?topic=767083.0
  • Hebrew (by hustler100): https://bitcointalk.org/index.php?topic=768497.0
  • Swedish (by blacksails): https://bitcointalk.org/index.php?topic=771526.0
  • Turkish (by Professor James Moriarty): https://bitcointalk.org/index.php?topic=771373.0
  • Italian (by Yza_azY): https://bitcointalk.org/index.php?topic=771928.0
  • French (by torpedo): https://bitcointalk.org/index.php?topic=771859.0
  • Indian (by alanswami): https://bitcointalk.org/index.php?topic=772324
  • Russian (by fsb4000): https://bitcointalk.org/index.php?topic=774235
  • German (by blubberli): https://bitcointalk.org/index.php?topic=776461.0
  • Greek (by Dimafiore): https://bitcointalk.org/index.php?topic=781652.0

Games
Dice: http://xmg.maxbet.club (http://xmg.maxbet.club)
Jackpot lottery: http://lotto.ddns.net/magilotto (http://lotto.ddns.net/magilotto)

Faucet
http://www.multifaucet.tk/index.php?faucet=XMG (http://www.multifaucet.tk/index.php?faucet=XMG)


Donation:
XMG:  95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq
LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC
 


Title: Re: The most innovative altcoin is coming. Magicoin XMG
Post by: 111magic on September 02, 2014, 08:02:36 PM
Test progressing well.
Launch comes closer.
Details and info will follow on this page.


Title: Re: The most innovative altcoin is coming. Magicoin XMG
Post by: ekin4 on September 04, 2014, 03:34:28 PM
I didn't see any innovations here...


Title: Re: The most innovative altcoin is coming. Magicoin XMG
Post by: 111magic on September 04, 2014, 03:49:45 PM
New translation into Italian. (by olafwani)
https://bitcointalk.org/index.php?topic=769060


Title: Re: The most innovative altcoin is coming. Magicoin XMG
Post by: 111magic on September 06, 2014, 06:25:50 AM
A quick update: the estimate of the release date will be around September 11th, I will give details on Sunday.


Title: Re: The most innovative altcoin is coming. Magicoin XMG
Post by: 111magic on September 06, 2014, 03:00:49 PM
New translation: Swedish (by blacksails) https://bitcointalk.org/index.php?topic=771526.0
New translation: Turkish (by Professor James Moriarty) https://bitcointalk.org/index.php?topic=771373.0


Title: Re: The most innovative altcoin is coming. Magicoin XMG
Post by: 111magic on September 08, 2014, 07:42:27 PM
The official launch is scheduled on September 12 will be Friday 20:00 ET
http://youtu.be/UaJKTWugF8s




Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on September 22, 2014, 06:24:28 PM
Thread is updated!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on September 26, 2014, 03:25:52 PM
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.


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: vipgelsi on September 26, 2014, 03:27:42 PM
So far coin seems uneventful.


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on September 26, 2014, 07:18:19 PM
So far coin seems uneventful.

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.


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on September 28, 2014, 06:58:30 PM
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.


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 01, 2014, 09:22:42 AM
Proof of mining campaign mining starts. To protect miners
Here is the link: https://bitcointalk.org/index.php?topic=802681.0

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


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on October 07, 2014, 11:22:24 AM
Proof of mining campaign mining starts. To protect miners
Here is the link: https://bitcointalk.org/index.php?topic=802681.0

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

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


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 09, 2014, 09:09:41 AM
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



Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 12, 2014, 06:44:23 AM
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


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


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 13, 2014, 01:27:57 PM
[MagiIntro Video] - What is Coin of the Magi? http://youtu.be/7EkAbPacS7c
http://cryptomagic.com/misc/images/video/MagiIntro-02.png (http://youtu.be/7EkAbPacS7c)
Enjoy!

Super video!!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 16, 2014, 09:04:57 AM
Part 1 Magi XMG MASTERPLAN

Test phase.                  Target successfully achieved


XMG thread translations.      
Dutch https://bitcointalk.org/index.php?topic=740276.0
Indonesian https://bitcointalk.org/index.php?topic=760497.0
Chinese https://bitcointalk.org/index.php?topic=763187.0
https://bitcointalk.org/index.php?topic=786053.0
Portuguese https://bitcointalk.org/index.php?topic=763774
Spanish  https://bitcointalk.org/index.php?topic=767083.0 (https://bitcointalk.org/index.php?topic=767083.0)
Hebrew  https://bitcointalk.org/index.php?topic=768497.0 (https://bitcointalk.org/index.php?topic=768497.0)
Turkish https://bitcointalk.org/index.php?topic=771373.0
Italian https://bitcointalk.org/index.php?topic=771928.0
French https://bitcointalk.org/index.php?topic=771859.0
Indian https://bitcointalk.org/index.php?topic=772324
Russian  https://bitcointalk.org/index.php?topic=774235 (https://bitcointalk.org/index.php?topic=774235)
German https://bitcointalk.org/index.php?topic=776461.0
Greek http:// https://bitcointalk.org/index.php?topic=781652.0
Romanian https://bitcointalk.org/index.php?topic=779717.0


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://bitcointalk.org/index.php?topic=802681.0

XMG Proof of biking campaign (unique).   
https://bitcointalk.org/index.php?topic=820255.0

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://bitcointalk.org/index.php?topic=822547.0

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.




Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on October 17, 2014, 08:43:02 AM
new unique give-away!
http://bitcoingarden.tk/forum/index.php?topic=1491.0


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 17, 2014, 09:00:43 PM
new unique give-away!
http://bitcoingarden.tk/forum/index.php?topic=1491.0
A few examples of the Magi XMG giveaway on http://bitcoingarden.tk/forum/index.php?topic=1491.0

https://i.imgur.com/p5XLeb3l.jpg
Magi was inside the salt mine in Praid, Romania.

https://i.imgur.com/5dbgjQ4.jpg



Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on October 21, 2014, 09:22:25 AM
http://cryptocoinchronicle.com/
http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/

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


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on October 23, 2014, 08:31:51 AM
http://cryptocoinchronicle.com/
http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/

Check the front page!
Magi XMG has two videos out there
Another item
http://www.satoshis.guru/home/coin-news/magicoin/
Thanks!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 24, 2014, 01:07:10 PM
https://i.imgur.com/82THLGv.png


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 26, 2014, 01:18:09 PM
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://bitcointalk.org/index.php?topic=735170.msg9230961#msg9230961. 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


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 26, 2014, 09:50:55 PM


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



Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 28, 2014, 09:16:36 PM
For updates check: https://bitcointalk.org/index.php?topic=735170.0

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


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on October 31, 2014, 08:15:16 PM
http://multifaucet.tk/images/multifaucet.png

XMG added to MultiFaucet.tk (http://multifaucet.tk/)



Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 04, 2014, 07:55:50 PM
More news updated in the ann thread!

10/31: Mundo Crypto - Magi (XMG) : La moneda de distribución justa (Spanish); http://www.mundocrypto.com.ve/uncategorized/magi-xmg-la-moneda-de-distribucion-justa/

New services:
XMG payment accepted

http://www.armisgame.com/
https://www.pexpeppers.com

Magi XMG paper wallet:
http://paperwallet.coinmagi.org/

explanation
https://bitcointalk.org/index.php?topic=735170.msg9436603#msg9436603


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 07, 2014, 09:36:37 PM

http://www.coinssource.com/trust-index/magi-xmg/
Magi (XMG) gets highest score! 7 Stars!!

Update the thread.


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 08, 2014, 10:28:28 PM
XMG now also on Poloniex! ;D
https://www.poloniex.com/exchange/btc_xmg


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 10, 2014, 12:09:28 PM
Magi XMG also added on BITTREX! :)

https://bittrex.com/Market/?MarketName=BTC-XMG


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: ekin4 on November 10, 2014, 05:04:02 PM
It's added in Poloniex. That's great news!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 10, 2014, 05:24:21 PM
Thank you.
Magi (XMG) is still the unique next generation coin.
Year 2015 will bring Magi in the top of the best altcoins.


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 14, 2014, 07:41:46 PM
This is a update how Magi (XMG) is doing after almost 2 months!
If you can help Magi (XMG) grow/expand pls sent me pm!
Original thread: https://bitcointalk.org/index.php?topic=735170.0



http://coinmagi.org/misc/images/magi-thread/Heading-v2-00.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png

Magi (XMG) the unique next generation coin. Two months after launch!
Magi (XMG) scored seven stars in the coin trust verification. That is the maximum score they give!


Coins Source Trust Index (http://www.coinssource.com/trust-index/magi-xmg/)
http://www.coinssource.com/wp-content/themes/enfold/images/trust-index/verified/7.png (http://www.coinssource.com/trust-index-verification/)
http://www.coinssource.com/trust-index/magi-xmg/

Part 2 Magi XMG MASTERPLAN

Test phase.                  Target successfully achieved

XMG thread translations.      
Dutch https://bitcointalk.org/index.php?topic=740276.0
Indonesian https://bitcointalk.org/index.php?topic=760497.0
Chinese https://bitcointalk.org/index.php?topic=763187.0
https://bitcointalk.org/index.php?topic=786053.0
Portuguese https://bitcointalk.org/index.php?topic=763774
Spanish  https://bitcointalk.org/index.php?topic=767083.0 (https://bitcointalk.org/index.php?topic=767083.0)
Hebrew  https://bitcointalk.org/index.php?topic=768497.0 (https://bitcointalk.org/index.php?topic=768497.0)
Turkish https://bitcointalk.org/index.php?topic=771373.0
Italian https://bitcointalk.org/index.php?topic=771928.0
French https://bitcointalk.org/index.php?topic=771859.0
Indian https://bitcointalk.org/index.php?topic=772324
Russian  https://bitcointalk.org/index.php?topic=774235 (https://bitcointalk.org/index.php?topic=774235)
German https://bitcointalk.org/index.php?topic=776461.0
Greek  https://bitcointalk.org/index.php?topic=781652.0 (https://bitcointalk.org/index.php?topic=781652.0)
Romanian https://bitcointalk.org/index.php?topic=779717.0

 Magi XMG exchanges.   
https://bittrex.com/Market/?MarketName=BTC-XMG
https://www.poloniex.com/exchange/btc_xmg
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://bleutrade.com/exchange/XMG/BTC
https://betasharex.com/trade/XMG/BTC

 Magi XMG voting   

https://crypto-trade.com/voting               
https://www.cryptsy.com/coinvotes/
https://www.bter.com/voting
https://askcoin.net/votes

 Magi XMG give-aways.               
http://bitcoingarden.tk/forum/index.php?topic=1491.0
https://www.reddit.com/r/coinmagi/comments/2m75wf/giveaway_for_supporting_suchpool/

 Magi XMG website.               
www.cryptomagic.com

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

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

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

Magi XMG Skype.
coin.magi

 Magi XMG email.
support@coinmagi.org   

 Magi XMG IRC.
https://kiwiirc.com/client/irc.freenode.net/#magi

 Magi XMG game.                  
http://xmg.maxbet.club/
http://lotto.ddns.net/magilotto

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

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

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

Magi XMG Proof of mining campaign (unique). Finished.
https://bitcointalk.org/index.php?topic=802681.0

XMG Proof of biking campaign (unique).   
https://bitcointalk.org/index.php?topic=820255.0

XMG Service and market         
https://sites.google.com/site/blueprintenhancementservice/
https://pexpeppers.com/
http://www.armisgame.com/
http://hausfay.com/
http://bitscoinshop.com.br/en/
https://bitcointalk.org/index.php?topic=735170.msg9486366#msg9486366

 Magi XMG android wallet app.         
in development

 Magi XMG downloads.(Wallet)         
http://coinmagi.org/files/magi-release/

 Magi XMG pools         
http://magi.nonce-pool.com/
https://xmg.suprnova.cc/
http://suchpool.pw/xmg/index.php
http://xmg.hashhot.com/
https://pow.magipool.info/

 Magi XMG pool info
http://poolinfo.coinmagi.org/

 Magi XMG paper wallet.         
http://paperwallet.coinmagi.org/

Magi XMG smart payment services            
in development

 Magi XMG other websites   
http://8btc.com/thread-7626-1-1.html
http://www.coinssource.com/trust-index/magi-xmg/         
http://www.worldcoinindex.com/
http://www.coinmarketcap.com/
http://www.satoshis.guru/?page_id=358
https://www.cryptonator.com/rates/XMG-BTC
http://bitcoingarden.tk/forum/index.php?topic=1415.0
https://bitcointalk.org/index.php?topic=848731.0
https://bitcointalk.org/index.php?topic=846100.0
http://en.wikipedia.org/wiki/ArXiv
https://www.magipool.info/
https://multi.magipool.info/

 Magi XMG faucet                  
http://www.multifaucet.tk/index.php?blockexplorer=XMG

 Magi XMG media                  
http://arxiv.org/abs/1409.7948  
http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/
http://www.satoshis.guru/home/coin-news/magicoin/
http://cryptos.us/crypto-news/item/58-coin-magi-a-unique-cpu-coin
http://thebitcoinnews.com/2014/10/28/coin-magi/
https://sites.google.com/site/einsteiniumbiz/home/page-2
http://www.mundocrypto.com.ve/uncategorized/magi-xmg-la-moneda-de-distribucion-justa/

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

Magi XMG videos   
http://v.youku.com/v_show/id_XODAzMDU3NjEy.html
https://www.youtube.com/watch?v=0SlbEB_ZcTg (Spanish subtitle)
https://www.youtube.com/watch?v=7EkAbPacS7c
https://www.youtube.com/watch?v=W71FVD6YWM8
https://www.youtube.com/watch?v=jpvpO0OE7Dw
https://www.youtube.com/watch?v=UaJKTWugF8s         
               
Magi XMG POS II (unique)   

Magi XMG Blockexplorer
https://chainz.cryptoid.info/xmg/
https://bchain.info/XMG/            

 Magi XMG airdrop               
https://bitcointalk.org/index.php?topic=822547.0

Magi XMG 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 Magi XMG:

Obtaining global acceptance.
Grow into the top of the altcoinwereld.
Expansion of cooperation with BTC.
Large number of usage possibilities.
Despite the tough competition always stay unique.
XMG will continuously go with the upcoming future changes





Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 14, 2014, 09:23:04 PM
https://i.imgur.com/vSAWchJ.png (http://poolinfo.coinmagi.org/)


 LIVE Overview: http://poolinfo.coinmagi.org/


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on November 15, 2014, 07:05:02 PM
Magi (XMG) new Article

http://www.coinssource.com/coin-magi-a-cpu-miners-dream-proof-of-mining-pos-ii/


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 21, 2014, 10:01:25 PM
[MagiTeam & roadmap & plans]

http://coinmagi.org/misc/images/magi-thread/OP/timeline-0-01.png
http://coinmagi.org/misc/images/magi-thread/OP/space.png
http://coinmagi.org/misc/images/magi-thread/OP/timeline-1-01.png
http://coinmagi.org/misc/images/magi-thread/OP/timeline-2-01.png


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: PeteAugustus on November 24, 2014, 06:50:02 AM
well a lot has developed for magi since this time. I think it is fair and very worth while.


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on November 26, 2014, 11:20:16 AM
***Magi is altcoin of the week*** on http://blog.btcgermany.eu/ (http://blog.btcgermany.eu/)

Magi (XMG) is coin of the week on German investors site! Nice article!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on November 27, 2014, 09:50:58 AM
Magi (XMG) accepted on cointopay.
Lots of new services there!
Enormous possibilities with Cointopay!
Definitely worth to see! Check it here: www.cointopay.com
Again great step forward for Magi (XMG)!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on December 08, 2014, 07:28:49 PM
[MagiPay - standalone payment gateway for Magi]

I have mentioned our standalone payment gateway sometimes ago; here is how it looks like. The expected delivery is about three weeks from now. This development is parallel to the coin itself as marketing feed and making 'real' things.

http://www.m-epays.com (http://www.m-epays.com)

What's the 'real'?

The motivation is to create a real land for Magi. Any things can be speculative, instances existed here and there, now and then. Speculation is just about imagination, upon manipulated/semi-manipulated/virtual facts. Being the kind way we call it investment. Things should be pretty straightforward, without complicating the stuffs and confusing people's mind. It's pretty funny that value does be created from vacuum (theory of matters creation from null as proposed in physics is absolutely unique). When we talk about the value of gold, it exists in applications of jewelry, electronics, chemistry, medicine, to name a few, even food, and of course investment. When we talk about magi, it can be something (whether useful or not) missing in the space, for example, to achieve the fairness (absolutely relative to a counterpart) while I suspect my confidence in speaking of values by this argument. Additionally, let's talk something like warming up the room by mining, or evaluating CPU performance :-D, what else then, maybe as a course for one to learn CS science, but of course, investment. Seriously, as a medium of exchange, it should be exchangeable with stuffs.

How does it work?

1. A merchant creates an account at m-epays.com; after successful registration one can create a payment box;
2. m-epays.com issues MagiPay account details;
3. Integrate MagiPay to merchant's website;
4. Customer clicks the 'Pay with magi' button, MagiPay connects to m-epays.com server and requests for a specific payment box;
5. m-epays.com issues a MagiPay address and the total amount to be paid;
6. Customer sends coins to the MagiPay address;
7. Once the payment is received and confirmed, the server informs the successful payment;
8. After 1 hour upon the payment is received, the server automatically transfer the amount of magi to merchant's registered external wallet address.

What's special?

1. Fully configurable compared to the third party service provider, since we ourselves will manage the system; this way comes flexible features to be developed; so please suggest what we can do to make 'special'.

2. Using the payment service provided by MagiPay will be totally free, in comparison with cases which charge minimum 0.5%. Additional feature to make use of the free service is the inclusion of fiat/BTC-XMG conversion, which practically reduces charge accumulated during the process, where payment is done typically by, for example, the credit card.

We will make this system be usable in the first place. Going forward, magi will integrate this system with the planned marketplace, which would be something I can foresee. Though it's far from the right time to speak of the necessity where we invest our efforts, we just start from here.

Magi (XMG) will get standalone payment gateway!!!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on December 10, 2014, 11:51:12 AM
Magi (XMG) accepted on cointopay.
Lots of new services there!
Enormous possibilities with Cointopay!
Definitely worth to see! Check it here: www.cointopay.com
Again great step forward for Magi (XMG)!

Magi also added on www.litebit.eu
https://www.litebit.eu/coin/xmg/en/
Buy Magi/XMG here and pay with different payment options!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: lama82 on December 21, 2014, 09:45:29 AM
Preview new developments Magi (XMG)

MagiPay: m-epays webgui:

https://bitcointalk.org/index.php?topic=735170.msg9731024#msg9731024


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on December 23, 2014, 07:54:32 AM
The unique Magi (XMG) has launched the New Years lottery in the IRC.
Buy 1 ticket for 1 XMG and win the grand prize! Jackpot is 1000 XMG (or more)
END ON 12/31/12 at 06:00pm EST
Check the Magi IRC here:

https://kiwiirc.com/client/irc.freenode.net/#magi
First register your nick.
Ask for address
!address
Deposit some XMG and buy your ticket.
Command for lottery:
!tip rafflebot 1

You can buy more than one ticket but only one at the time!

Good Luck and enjoy!!


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on December 31, 2014, 03:40:55 PM
Hard fork [client version v1.2.0.1]
[12/31] PoW & PoS updates

Please update the wallet to v1.2.0.1 (mandatory):

Windows: http://coinmagi.org/files/magi-release/win32_magi_v1.2.0.1.zip (http://coinmagi.org/files/magi-release/win32_magi_v1.2.0.1.zip)
Linux: http://coinmagi.org/files/magi-release/linux_amd64_magi-qt_v1.2.0.1 (http://coinmagi.org/files/magi-release/linux_amd64_magi-qt_v1.2.0.1)
Source code: https://github.com/magi-project/magi/ (https://github.com/magi-project/magi/)

This update includes the following hard forks:
PoS hard fork at block 131100 for better staking results (Expected on January 6)
PoS-II Protocol V2 hard fork at block 131300 (Expected on January 6)
PoW-V2 hard fork: 1/7/2015, 12:00:00 PM EST time (GMT-5:00)


# Piece of info
Magi Cheat Sheet v1: http://coinmagi.org/files/misc/magi-cheat-sheet-v1.pdf

# Brief summary

  • Implement a filter for the difficulty data and stabilizing yielded block rewards; anticipation is improved accuracy of the block-rewarding (MagiReward) system in responding to the actual network hashrate;
  • Introduce a CPU miner targeting at reducing hash rate (https://github.com/magi-project/m-cpuminer-legacy (https://github.com/magi-project/m-cpuminer-legacy)) which is much more meaningful for magi in comparison with any other coins;
  • Adapt a close limitation of the PoS stake weight which disables potential PoS attack via accumulating significant amount of coins or offline stake time;
  • Other miscellaneous updates.

Huge amount of energies consumed in the cryptocurrency has been a big issue, which is totally opposite to the global efforts in saving energy. This issue should be resolved sooner or later in order to advance the cryptocurrency any further. As one of the possible solutions, that's the reason we have PoS. However, the pure PoS mode would never give rise to decentralization. Any approaches are vain if decentralization cannot be maintained, unless one agrees with a coin with limited time of mining or with total premining, or the such likes. The PoW should be remained in order to distribute coins into a broad audience over time.

The basic rule of dealing with the energy concern is to involve a "braking" mechanism in coin design. Such a rule exists in every piece of things in nature: why earth/electrons should circle the sun/nucleus without collapsing or departure? or just imagine a vehicle without brakes. Bitcoin or litecoin does not put actual limits in the rewards, or that simply not functioning properly. That's where magi plugs in.  

What do we need to save energy?

On the whole, mining should be encouraged at a lower hashrate level.

# MagiReward-V2

The issue to be solved in this upgrade is the removal of the vague dependence of block rewards on the difficulty, due to the fluctuating nature of block time. A basic consideration is applying a filter to smooth out the difficulty data. Details are as follows.

http://www.coinmagi.org/misc/images/magi-thread/OP/2014-12-29/pow-II-V2-diff.png

# Necessary to adjust miner efficiency?

A direct consequence of the above implementation is the well-shaped block rewards in which big rewards due to network fluctuation are totally avoided. The following figures disclose the real situation most likely:

http://www.coinmagi.org/misc/images/magi-thread/OP/2014-12-29/pow-II-blkrewards-01.png

Mining at a network hashrate of 22 Mh/s results in 50 XMG/block, whilst hashrate increases to 36 Mh/s like mining the air.

Who shall mine nothing?

Provided that I have a miner with hash rate of 1000 kh/s; I would have big concern of yielding nothing at its full speed, but I don't care throwing 10kh/s at nothing. The reality behind this scene will be a different story; at the time by which the exit of miners will pull the block reward back to some numbers, one is able to mine something by then. Reducing hash rate does sound the right action in this incident.

Attenuating hashrate of miners in mining bitcoins is very unusual or pointless, since the higher the hash rate, the greater the bitcoin amount mined. Except this sole "advantage", there are dozens of facts people should be aware of that increasing hash rate comes along the wrong direction: 1) running a PC miner is totally incompetent since every single person in the world would like to sharpen their miners with high hashrate; 2) running 100% CPU usage miners is impractical in most of situations even if one can do so; 3) mobile devices are incompetent under this scene.

It will be wise to run a hashrate-depressed miner under the improved MagiReward system. Technically by doing so it's possible to run miners everywhere.

# m-cpuminer-legacy

We are "joking" the miner, but this is for real that you'll need it; running it in VPS without incurring limitation imposed by vendors? working computers / school's super computer? :D Here is the option.

https://github.com/magi-project/m-cpuminer-legacy

Code:
minerdlegacy -o stratum+tcp://pool_url:pool_port -u pool_user.worker -p password -t thread_numbers -e cpu_efficiency

This is none different from the regular miner, except that an option "-e cpu_efficiency" is added, where cpu_efficiency is a number between 1 - 100, for example, 50 representing for 50% of CPU usage. A few instances:


Given 10~30% CPU usage, the miner is more like a regular program. Please notice that neither I nor the magi team shall be responsible for any consequence because you run the miner in your working computers or school super computer.

# PoS-II-V2

What we have done in this upgrade is adding rigorous limitation on the amount of coins in one transaction for staking purpose, and reducing maximum staking time within two weeks. We don't expect impact on typical situation where one remains wallet online for PoS stake; the offline time should not exceed more than a week. We also recommend to keep 100 - 1000 XMG in one transaction for best results.

Again, magi implemented a braking mechanism which makes it more secure compared to any other PoS coins. To understand that, take a look at the basic PoS mining equation:

Code:
hashProofOfStake <= [Coin-age] x [Target]
[Coin-age] = [amount of coins] x [days in stake]
and,
Code:
[PoS-block-reward] = [Coin-age] x APR / [days in a year] 

Apparently [Coin-age] is a paramount quantity for PoS, which is the driving force for people to stake with as many coins/days as possible. The major weakness in this mode is a possibility of attacking the network by mining a number of blocks ahead of other PoS miners, which can be done via accumulating significant [Coin-age] by

1) having significant amount of coins, which is technically difficult to be achieved in PPC, but rather easy in a freshly created coin;
2) accumulating significant amount of offline days of coins which shall not undergo any transactions before staking, which is a rather feasible approach.  

Approaches to resolve the above situation have been proposed, mostly by manipulating the staking days. In contrast to PPC's linearly increasing coin age with time, BC and RDD are two example coins with efforts towards this, but neither of them take care of both situations simultaneously. The BC's V2.0 takes the staking time out of the equation, i.e., [Coin-age] = [amount of coins], which does not solve the issue #1. It is also none organic that one cannot buy advantages from staking time using a cheap PC, in addition to simply buying coins. The growth rate of staking days over time is compromised in RDD if one stakes coins over a month; it should be noted that any desired attack can happen within a month staking time. In addition to the above point, one should be aware that the difference in the number of coins under stake should be emphasized too. The system should encourage one staking with more coins, but discourage greedy accumulations.

Magi's PoS-II?

Magi takes the following form for coin age:
Code:
[Coin-age] = [amount of coins] x M(coins, days)
where M(coins, days) is a function of the amount of coins, and the days under stake. [Coin-age] is also the so called stake weight. The best description of M is shown below:

http://www.coinmagi.org/misc/images/magi-thread/OP/2014-12-29/pos-II-V2-02.png

It's rather empirical to determine the best value of stake days. I am rather taking time to sit down and figure, with a basic rule in mind, to limit it within a week. Let's see how it solves the PoS issues:

1) one holding more than 3000 XMG does not result any good in the stake weight; for staking over 25,000 XMG is like staking with nothing;
2) the maximum offline stake time is four days, beyond which staking weight starts to drop; it's unlikely to accumulate infinite staking time.

A side advantage of the PoS-II is that significant amount of offline time is not allowed. There is no advantage of gaining coin age for offline more than 4 days. For any online stake holders, the block time will be refreshed upon finding blocks. The stake weight (coin-age) nearly increases proportional to the amount of coins when coins in one transaction are between 100 and 1000 XMG.

# Misc updates

1) PoS status update in wallet GUI; please be aware that "expected time to earn reward" is only an estimate.  

2) Correction of the money supply shown in API calls: getinfo by reducing 720,000 XMG, which was burned (https://bitcointalk.org/index.php?topic=735170.msg9900074#msg9900074 (https://bitcointalk.org/index.php?topic=735170.msg9900074#msg9900074)).

3) Added API calls:

Code:
getnetstakeweight

Code:
getmininginfo
"Expected PoS (hours)" : 3

Code:
getnewblockvaluebynumber 122478
{
    "flags" : "proof-of-work",
    "difficulty" : 1.62299710,
    "difficulty-V2" : 1.54876817,
    "blockvalue" : 5.36191184,
}

Mining calculator:
Code:
getminingbykhps 10
{
    "hashrate (kh/s)" : 10.00000000,
    "difficulty" : 1.56666109,
    "difficulty(aver)" : 1.35112710,
    "blockvalue" : 5.23089843,
    "mining (XMG)" : {
        "1 hour" : 0.03245060,
        "1 day" : 0.77881439,
        "1 week" : 5.45170070
    }
}


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on January 02, 2015, 07:45:05 PM
I have updated the first post!
Check the wallet updates
https://bitcointalk.org/index.php?topic=760945.0


Title: Re: The most innovative and fairest altcoin is launched Magicoin XMG
Post by: 111magic on June 08, 2015, 08:55:22 PM
Magi (XMG) keeps going on with awesome developments!
With the great support from theFruitsClan a new project will be in progress!
If you have a special request just post them here.

https://i.imgur.com/yKixepe.png

 ;D ;D ;D

To ask the community for their favorite game TheFruitsClan will make a form where you can tell us what's you're favorite game!

Hi you all,
i want to ask you to fill out the from, we want to make some gameservers for you and we want to know what game would you like to have.
http://www.thefruitsclan.nl/index.php/nl/?option=com_content&view=article&layout=edit&id=108

thx ;)

Voted!  Well, voted for CS:S and CS:GO if that is allowed...but did my vote go through?  There was no confirmation.  Put up a results chart!

BTW, I'll message you or hop on TeamSpeak in the next hour or so, if that's okay.  Doing some work from home because of my injury :-\

https://i.imgur.com/BkttYpZ.png

Nice, Pick your favorite!!  ;)


XMG coin of Magi
Counterstrike Source
Counterstrike go
Team Fortress 2
Others

http://www.thefruitsclan.nl/index.php/nl/?option=com_content&view=article&layout=edit&id=108