may need to install 1.54 as linux requires library match; db is 5.1. Which linux version you're using, option is I compile a wallet for the system you're using, that way you won't need to change libraries that may cause dependency issues.

I should put some numbers; 100 is for testnet in order to have some coins to paly; 10 (odd block number) is a mimic of the mainnet, a value particularly for this low diff, which grows up to 500 when diff hits 150.

We've gone through from million to billion and back to million. 

Just learned your post, this gonna be greatest work ever, would glad to help out; this is from magi by the way.

NOTE: They only work on the testnet. I'd like to collect feedbacks. If everything goes smoothly, we can set up a launch time then. You won't be able to run the wallet without setting the testnet mode, that can be done through magi.conf. The default folder having this file is: %appdata%\magi (windows) or ~/.magi (linux) (sorry we don't have the mac wallet yet). magi.conf should contain this line:
You may also need:

Once conf file is given in the right place, the wallet should be running on the testnet. Go to menu Help -> Debug window -> Console, run
to mine coins ("1" is for 1 cpu core). We will update standalone miner asap. Please request wallets for the operating systems not available yet, I will compile that, going forward, to assure all wallets available at the launch.

About 2400 blocks were minted in the testnet so far; I've done that for various tests. Issues I've got are the network sync which was proven to be the access of money supply once blocks were minted during PoS. It's about the new PoS mechanism. A few linux boxes were set up for tests, some of which had mining enabled and thus the PoS. The blocks minted were sent for verification, for some reason some of them were two more ahead of the boxes being received, that makes inaccessible to the money supply and messed up PoS block processing. All look fine to me now, will need more confirmations on this.

The PoW mining can be done through the Console command: setgenerate true, or setgenerate true 1 (if you want to invest 1 CPU core only so that the computer won't slow down much). My primary interest is not about the M7 PoW part as to this test, but on the PoS. Let me know any questions/issues you have. If you got PoS earnings, appreciated if you can tell me how many coins are in stake, when and the amount you get the stake. I can send you some coins if you need that for test.

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To run the wallet, testnet mode must be set. This can be done through the conf file: magi.conf. The default folder having this file is: %appdata%\magi (windows) or ~/.magi (linux) (sorry we don't have the mac wallet yet). magi.conf should contain this line:
You may also need:
Once conf file is given in the right place, the wallet should be running on the testnet. Go to menu Help -> Debug window -> Console, run
to mine coins ("1" is for 1 cpu core). We will update standalone miner asap. Please request wallets for the operating systems not available yet, I will compile that, going forward, to assure all wallets available at the launch.

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You're right, and in fact any algo cannot resist GPU and ASIC, just timing issue. So cryptonite is basically mined by cuda miner a lot and probably AMD miner will be out soon. The reason we use M7 is that we consider it's a safe algo. Here is what we're goning to do to "resist" GPU.

# diff dependent rewards, some figures will be published and I will be open to suggestions to modify these numbers further, in order to reach a level that GPU mining is not that profitable by comparing mining XMG with mining other coins

# will try to implement block rewards reduction with high diff impact which goes into PoS

# mining favors small hashrate miners is in our consideration

We have few more ideas, but cannot implement all at this time, we do try to improve these by the time, and hopefully.

I will also give detail answers to prior questions when I have more time to be here.

Let me release the testnet wallet by end of today. It would be a good idea to decide the launch time after seeing how the wallet is doing in testnet. Initially I thought Magi was good to go, but I just got a sync issue right before the initial scheduled launch time. That was actually due to the new PoS feature. Because of this, I'd like get more tests and feedbacks from you too. After that we will decide a time for the launch (hopefully this week). Magi is based on standard block chain, not the minichain; the miners for cryptonite won't work, will make sure a miner (CPU) is up before the launch.

The wallet is basically ready, will update (stayed up all night,  )

Will be one or two days.

Also I will give answers regarding prior questions raised, PoW mining period (basically long-term); details as to the amount of coins mined through PoW/PoS with some detail figures (upon change based on suggestions), PoS interest as well.

Apologize to all, the launch has to be postponed. As people pointed out testing in testnet, I will release a wallet for this purpose soon later. There is no advantage mining earlier actually; block reward starts from 10 XMG/block, then increasing with diff, with a maximum of 500 XMG/block at diff=150. I will give detail information, sorry for delay. 

Total coins change to 25 mil, upon community decison though.

Glad to have you too 

GPU will be minable as the algo is like any others out there though different strategy has been used; because of that we think this is a more secured algo. We will see how it is doing as to the efficiency of CPU versus GPU. By the time, we will look into a mechanism (MagiPlan #4) to enhance CPU mining efficiency while weakening the GPU mining.

Miners will be given.

XMG is M7 based, but won't use minichain. Among a few features implemented, XMG emphasizes a new mechanism to resolve a basic deficiency existing in the proof of stake. There are few tries out there but appears to be 'mitigating' this effect but not a solution. This will be the most important task XMG is going to undertake.

Personally I like the design of M7, more secure than others; and its energy efficient. There are X-forever out there by simply adding more and more hash functions, real question if those work out efficiently; so far M7 looks like a good candidate.

How many coins in total you have in mind ideally? Basically issue is not about the total number of coins, Cryptonite has billions, while BTC is 21M, the same order of magnitude here.