 MAGNETX11 POS/POW+Masternodes  Our network is designed so anyone can benefit from holding and supporting the coin. Magnet will be mining oriented. We strongly believe mining plays crucial role in cryptocurrencies and in their security. We will find a way to run own miners on solar power efficiently and direct our resources at researching the solar-mining tech. 
Name: MAGNET
Ticker: MAG
Algoritm: x11 Type: Hybrid POS/POW Both running forever after coin has matured Blocktime: 90 sec per block MasternodesRequirement: 10 000 Masternode Rewards: 50% of the mining rewards POSYearly interest: 7% Min. Staking Age: 24 hours / 960 confirms Max. Staking Age: 48 days POWBlockreward: 200 Blockreward Halving: every 360 000 blocks Total coins: 144 000 000 250 000 MAGs was extracted in first block for setting up healthy amount (25) of Masternodes before going public. This is needed for network safety and all future rewards are used to sustain the network. Mainnet was run 9 days before the official [ANN] to test out masternode behaviour and network strenght.    To Access Magnet Wallet Data FolderWin Locate folder %Appdata%/Magnet LinuxCtrl+H in Home folder should reveal .magnet folder. If not - start the wallet and close to create it. - Close wallet and open magnet.conf file from data folder. Paste following code in magnet.conf file. rpcallowip=127.0.0.1
rpcport=17179
rpcuser=INSERT_YOUR_OWN
rpcpassword=INSERT_YOUR_OWN
server=1
daemon=1
listen=1
staking=1
port=17177
debug=all
addnode=35.195.167.40:17177
addnode=35.199.188.194:17177
addnode=104.196.155.39:17177
addnode=35.197.228.109:17177
addnode=35.198.35.45:17177
addnode=35.197.145.93:17177
addnode=35.199.1.114:17177
addnode=35.201.4.254:17177
addnode=35.188.240.39:17177
addnode=35.199.48.8:17177
addnode=146.148.79.31:17177
addnode=104.196.202.240:17177
addnode=35.195.122.245:17177
addnode=35.198.82.29:17177
addnode=35.200.247.198:17177
addnode=35.200.22.69:17177
addnode=35.201.14.20:17177
addnode=35.198.23.18:17177
addnode=104.199.194.138:17177
addnode=35.185.189.143:17177
Save and re-open the wallet for network syncing.  Source CodeGitHubSlackhttps://magnetworks.slack.com/Slack InviteFor technical attention and problem solving join slack and find a way to #techsupport channel Twitterhttps://twitter.com/magnetwork_ioMagnet Mining Poolhttp://magnetpool.io:8080/stratum+tcp://magnetpool.io:3000 MAGNET will soon be available on www.coinexchange.iowww.magnetwork.io I am quite gullible and so i have mined many SCAM coins. but this one right here is too cheap a scam for me. I mined for 10 minutes. I'm out The first page of the ANN said enough Too much premine???
YES, which he lied about and with some flimsy excuse |
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Theoretically you are correct but masternodes are only one piece of the puzzle. We need to create massive demand for XLR besides getting enough coins for a masternode. Then the price will shoot up!
These are some nice nice, and true words. What I want to hear the most is the idea; the action to be executed. What exactly has to be done to create that massive. Join telegram or slack and share your ideas with Dev or maybe me. Not vague ideas but rather specific ones That's a really nice and well composed guide Andy. It's impressive. It'll sure help a lot of newbies and even some pros too. Just one little recommendation though. Like you said every MN requires a unique IP. A unique IP can be bought once and its permanently yours unlike a VPS that has to be renewed every month. Hence its a lot more economical to simply buy an additional IP for your second masternode than to buy another VPS. |
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I have a second IP and another client. Can't get it to change data directories. ./solaris-cli -datadir="/root/solaris1/.solaris" Then I get the error error: too few parameters i used this: ./solaris-cli -datadir=[DIR] -config=[DIR]/solaris.conf [COMMAND] Thanks schyter. Just to clarify, [DIR] is obviously the directory of your second client, did you put it in quotes or without? And what is the [COMMAND] exactly? That's probably what's causing the error with not enough parameters. - No quotes
- command is simply 'command'. You don't just type ```./solaris-cli```
There weren't enough parameters because you only specified the solaris-cli directory without giving a command or specifying the Conf file directory It's always ./solaris-cli [COMMAND] eg ./solaris-cli getinfo |
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I have a second IP and another client. Can't get it to change data directories. ./solaris-cli -datadir="/root/solaris1/.solaris" Then I get the error error: too few parameters i used this: ./solaris-cli -datadir=[DIR] -config=[DIR]/solaris.conf [COMMAND] |
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It's funny how most of us are hoping XLR would increase in price and get more attention and traction in the crypto world yet as of now only one person has contributed to the funding of Solaris on masternodes.pro
Facta, non verba.
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 Today I have used the spork key to enforce budget system payments for Solaris from November 13 at 14:00 UTCThis should solve the improper reward distribution we see at the moment.Thanks for your support! Thanks @Keesdewit. You have been great Would it be possible for someone to share an active Invite link for the Solaris Slack channel? Thanks!
For now, pm me your email address if you need an invite. If there's someone who can help to create a slack auto-invite for our slack workspace, it'd be great. Otherwise I'd figure out how to do that later |
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The poll seems broken to me. I can't select anything or see results.
The poll isnt broken. You are a bitcointalk newbie. Bitcointalk admin says The poll is +18  I really like this promotion as I can see its already having a big effect with over 40 re-tweets already which is great to see. I promote Solaris a lot on Twitter so it would also be nice to see some people make their own tweets about Solaris and share their experience about the coin, this will help promote the coin a lot better. Just think not many people even know about Solaris and its in the top 10 best masternodes coins so the dev is doing something right. Solaris can easily be a $5+ coin at the current supply and low marketcap. Just need more people to know about this great coin.
I see you @vella85. I see how you promote Solaris on twitter. To be frank, nobody really deserves that Retweet and Follow reward more than you do. If everyone else would do up to just a quarter of what you do, Solaris would be $50 or $100 by now. And if every one else would promote Solaris up to half of what you do, Solaris would be about $164 (at present coinmarketcap #70) |
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I have noticed the 0.66666 XLR per payount on the Masternodes on the block explorer.
The extra 0.2666 XLR you are enjoying right now belongs to the Solaris budget system for the most part and a little portion to miners
This discrepancy will be corrected using the spork system.
Enjoy it while it lasts ;-)
Thank you for your support
SolarisCore Team
Thank you for the clarification. I'm enjoying the bigger Masternode payments, but it's definitely more important for there to be some coins going into the development fund to help secure the future of Solaris, marketing, exchanges, development etc... so I would be more then happy to donate that .266 extra from each Masternode payment back to the development fund once the spork fix is in place. *I don't even know what a "Spork" means in crypto.... here in the USA a "Spork" is this:  (spoon + fork) hahahaha... thats what it means in crypto too. Its like an incomplete fork; a fork done softly thus "soft fork" We would have to update our clients for this to be corrected using the spork system In fact, its actually self-limiting. And by that i mean, if everything is left as it is without dev's adjustment, i think everything will be corrected from block 86,400 instead of the previously planned 43,201 Anyway, I'm enjoying it too. What can I say  |
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Keep it on your local desktop or mobile wallet for now
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FOLLOW and RETWEET Promo
Duration: 1 week
To be eligible for the draw, the participant must satisfy the following conditions
1. Must follow @solariscoin on twitter and must retweet the campaign post
To be eligible to claim the 100 XLR after being the lucky winner of draw, participant must satisfy the following conditions
1. Must be a member of either the solaris slack or telegram (this condition will be applied if participants are many.)
2. Must have 30 or more followers on twitter
Winner will be selected using a twitter RT random selector software to fairly and transparently choose the winners
Promotion may be done weekly till the end of the month
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Great! it all looks good.
The issue now will be with the exchanges.
lets see how things go
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Hello! can anybody help me? Today I used the swap service ( https://solaris.swapyourcoins.today/) from the old wallet (nist 5) coins are gone, but in the new wallet (xevan) - Conflicted, and no coins! Here is your fix: open your debug console and type in then wait for a few minutes for your wallet to sync
Provisional Instructions to Sync stuck wallets
LOCALIf your wallet is stuck add these nodes provided by lyceebit addnode=92.222.48.122:60020
addnode=88.164.70.252:60020
addnode=198.12.123.195:60020
addnode=45.76.21.103:60020
addnode=188.167.144.142:60020
addnode=212.24.96.87:60020
addnode=80.209.230.151:60020
to your solaris.conf in your local wallet usually found at ( C:\Users\User\AppData\Roaming\Solaris ) LINUX VPSIf you are using a linux VPS to run masternodes, go to where you installed your solaris wallet and add the nodes For those that followed my MN guide, this is what you will have to do: - cd solaris
- ./solaris-cli getinfo (look for blocks; if wallet is synced to the latest block, do not proceed. If it is stuck, proceed with the commands)
- ./solaris-cli stop
- nano /home/user/.solaris/solaris.conf (if you get the following resonse
-bash: nano: command not found then you need to install nano with the following command sudo apt-get install nano Next is to copy and paste(with right-click) all the working addnodes from lycheebit into the file Ctrl X is to exit Entr is to approve |
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Same my wallet is not syncing past block 43200
that is because the whole network was transitioning from phase 1 of POW which ends at 43,200 to phase 2 of POW which starts at 43,201 Check again, Your wallet should sync perfectly now |
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Hooray !!
We just entered phase 2 of POW - [block’s 43201-151200] 20% MN (0.4 XLR) / 70% MINER (1.4 XLR) / 10% Available to the budget system (0.20 XLR)
I was the first to recieve the masternode reward!!
Join the masternode holders channel today Retweet this: https://twitter.com/BitcoinGhana/status/928165362906132481 |
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I don't believe the ROI is less then 100% a year but lets say it is, does it really matter as I'm sure the price per coin will be worth a lot more in say 6 months to a year from now as the supply will remain low. I am expecting the price per coin to be worth at least a few dollars so for anyone buying a masternode now will make even more then the 100% ROI in a year. Its only if the coin doesn't go up that the ROI will take longer and will be under 100% which I can't see happening with Solaris. I also think that the price increase will also offset more masternodes being run as I'm sure this will also pick up over time which as we know lowers the masternode reward but I think the price rise will offset this as well. Solaris has so much potential and the ones that are getting in now will benefit in the long term.
Yeah I agree, in fact, I'm thinking this coin is still a baby compared to other masternode coins out there atm. I'm willing to bet that if we burn some of the supply after the swap out for those stuck on topia then that should help increase the price! Watch this coin pull a DMD and be worth 20K in a years time from now man that would be awesome but easily achievable with how little of the supply that is available and the number of exchanges that we can purchase them on. Once the mining period ends I think that is when things are going to get interesting! Yeah, i also agree. Solaris has displayed a considerable level of trust from genesis and so I can actually consider that part of the total supply meant for the swap already burnt because it will never hit the open market or ever be part of circulating supply and will get burned at the end of the swap. What will ultimately increase the price is in the latter part of the quote below there are some coin that give more than 2000% as of now. In actual sense these numbers don't matter so much. Solaris isn't offering <100%. I stand to be corrected but i don't think ROI can be found anywhere in the source code of Solaris. You could actually wake up tomorrow and see the ROI to be 200% if the number of people deciding to run masternodes has suddenly dropped. What happens is that there is a relatively constant amount of Solaris going out to compensate all masternodes and the network really doesn't care how many there are. Its just gonna try to share the reward equally among all the masternodes. So if you are more you each receive relatively less. Also if you are more the network is stronger and if you are more there is some kind of relative price pump if there are not many weak hands holding precious XLR. Even so i must say that even if i were to decide the ROI of masternodes for a long term coin like Solaris, i would never go beyond 100% even at the genesis. Google "inflation" and maybe you will find out why i am saying this. If you so desire high ROI then you are thinking short term for Solaris and rather unfortunately many of us are thinking short term CryptoTrading is any open market. the price of crypto is determined by traders in a much rather decentralized manner. Assuming up to 80% of us decide not to sell any XLR below 0.001 btc in this November, it will almost instantly become the new price and 1 masternode with be worth BTC1 in one or two days. But there will surely be a pathetically weak set of people who just cant help selling when they see little profits on the coin because they feel someone might sell ahead of them. Then follows the second set of people who are not as weak as the first set but jsut cant be patient when they see the coin dropping because the first set of weak hands sold cheap and caused the price to drop. The long and short of all i am saying is that - ROI depends on MN block reward and number of nodes
- Low ROI is not always bad but it shouldn't be too low
- We the holders are the ones who determine the price of Solaris and not the roadmap or what Dev, keesdewit or some few others are doing
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Actually the annual profit return is more than 100% where did you get your information of masternode annual profit being less than 100% from? maybe we could correct them if possible. there are some coin that give more than 2000% as of now. In actual sense these numbers don't matter so much. Solaris isn't offering <100%. I stand to be corrected but i don't think ROI can be found anywhere in the source code of Solaris. You could actually wake up tomorrow and see the ROI to be 200% if the number of people deciding to run masternodes has suddenly dropped. What happens is that there is a relatively constant amount of Solaris going out to compensate all masternodes and the network really doesn't care how many there are. Its just gonna try to share the reward equally among all the masternodes. So if you are more you each receive relatively less. Also if you are more the network is stronger and if you are more there is some kind of relative price pump if there are not many weak hands holding precious XLR. Even so i must say that even if i were to decide the ROI of masternodes for a long term coin like Solaris, i would never go beyond 100% even at the genesis. Google "inflation" and maybe you will find out why i am saying this. If you so desire high ROI then you are thinking short term for Solaris and rather unfortunately many of us are thinking short term CryptoTrading is any open market. the price of crypto is determined by traders in a much rather decentralized manner. Assuming up to 80% of us decide not to sell any XLR below 0.001 btc in this November, it will almost instantly become the new price and 1 masternode with be worth BTC1 in one or two days. But there will surely be a pathetically weak set of people who just cant help selling when they see little profits on the coin because they feel someone might sell ahead of them. Then follows the second set of people who are not as weak as the first set but jsut cant be patient when they see the coin dropping because the first set of weak hands sold cheap and caused the price to drop. The long and short of all i am saying is that - ROI depends on MN block reward and number of nodes
- Low ROI is not always bad but it shouldn't be too low
- We the holders are the ones who determine the price of Solaris and not the roadmap or what Dev, keesdewit or some few others are doing
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