Joe could you check this? Link is from old website.
Yeah, will check this. Thanks Joe. Anybody who noticed a link in the more than 500 pages of posts what needed to be add in the updated OP let us know! |
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[MagiTor ..]1. MagiTorMagiTor has been overdue; however, the Tor wallet is here now. Please make sure you have made a backup of your wallet (wallet.dat) before using ANY new wallets.   Nodes in case you can't sync: connect=nb57fbprx2pstey5.onion
connect=efgnprvedrxxot7l.onion
connect=mwjrcnqk6oj4s3qn.onion
connect=w7z5pnnpa377fovn.onion
connect=qpv345rnosrrfjwc.onion Joe could you check this? Link is from old website. |
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If the developer or the creator of a coin is anonymous it is a big no go for me.
I do agree with this. New technology opens new markets, and throughout history, every growing, innovative market must respond to the nuisance of scammers, opportunists, and other dishonest actors. The vision of digital currency is different among people. The time of quick money is over. New technology will make the difference. If a developer really wants to achieve something more than it is for the trust better to not be anonymous. I understand that a little privacy may be necessary. There are a number of agencies that provide authentication. Look for instance at http://www.coinssource.com/trust-index-verification/but that's just my opinion!  |
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It's very good Magi likes to hear many opinions from our great community. It gives Joe a good idea about what people do like and don't like.
That way hè can give Magi an awesome future!
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hey,
i dont know anything about changeing the algo on Magi but i believe in Joelao95 .
So whatever he's is doing about the algo, is making the best coin even better!
greatings
Really nice words xms! I have the same and think Joelao95 is an awesome dev hè will and can do awesome things in this world of digital currencies! 100% |
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Just received message that gorilla.exchange is down for security reasons! Hope to receive more info what will happen or happend with the XMG there!
Btw I agree with the Frisian. If you like to purchase some XMG this might be the best moment! Or set buy-orders.
Received message that gorilla.exchange is closed! Received no answer what will happen or happend with my balance there. |
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Just received message that gorilla.exchange is down for security reasons! Hope to receive more info what will happen or happend with the XMG there!
Btw I agree with the Frisian. If you like to purchase some XMG this might be the best moment! Or set buy-orders.
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As to prior posts for PoS, thanks.
I might talk over some weakness. First off there are not many PoS coins on the top of the list -- a simple feel; there were some top coins but seem having dropped down. PoS gets value diluted in particular with high interest; PoS make people tend to accumulating -- seems good, but not quite; PoS could be easier to manipulate, and tend to be a P & D which can quite be done if one is able to do that. These issues wouldn't matter much if the market value is so huge that no single person is able to do that, but not good for young magi at this stage. And importantly, PoS means one must buy in order to engage into it.
Speaking of the security, there exist weakness in PoS too. People who hold a great deal of coins having the ability to launch an attack, by having offline stake days and coming online at a moment; people might not intentionally fire up an attack but simply a desire to get more PoS coins and they know how-to. The consequence might be an attack like, minimum - hard fork, that would be a severe incident enough to a coin. Again this is easy to be accomplished for a young coin. Such issues were talked over in NOBL when switched to PoS (and given the try to PoS-II then, to be exact). Magi's PoS-II did some tricks along that, but I won't be able to guarantee 0% risk at this time.
In my view, PoW & PoS is most secure, but feel free to discuss, I might be wrong.
Thanks for the prior PoW comments; I'd think & figure & talk again, it may take time as I am still limited to free time.
So PoS coins do have also a risk!? I think there are some nice ideas already posted it the thread. Maybe the option of adjusting and improving M7M with mix of yescrypt and PoS-III would be a good idea. |
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 Looks still nice if you look for longer period! |
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guys
cloud2b.de is down for me, what happened.
This is what I got 9 days ago: Dear ***,
Hi, miningpool.cc will stop all services within the next few days. Please payout all left coins from your account to your offline wallet. Stratum services will stop in the next few hours. Thank you for being part of miningpool.ccI suppose cloud2b.de=miningpool.ccLahlor post this on 26 july Think he has not solved the problem with his pool yet! This one seems ok: https://bitcointalk.org/index.php?topic=1114449.0My magi wallet crashes every x hours. I dont know why. Logs ok and stops immediatly and magid cashes. Maybe DoS attacks?
That's strange! My wallet works fine! Windows wallet is fine. i mean the daemon and wallet on linux for the pool. I dont know what is happening. Will do some investigations. So far the pool keeps closed. Payout will work so far. |
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price is going down every days.... make me want to sell all my magi coin
Price has been lower some time ago. I have 100% trust in Magi and his Dev, Community and team. I can get excited about being POS only so that miners can't take advantage of the network.
I am not supportive of increasing the POS % however, the goal should be for securing the network and processing transactions rather than lining bagholders pockets.
Joe think Magi received some nice responses. Might be good to discuss the different options and go for the best one! Maybe new meeting would be an idea. |
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You don't need to clone the algo - as a matter of fact, take the opportunity to tune the parameters of the KDF to your liking. I disagree. It will cause only confusion. People still confuses groestl^2 with groestl-myr. If it is called the same, it must be the same. But I'll agree the KDF of yescrypt has... some very interesting properties. Hmm nice to see the ideas. Think Magi has to look into those options. So there is option 1) M7M with PoS-III and more adjustments option 2) KDF option 3) yescrypt. Or are there more good options? |
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Good words Joe. It's also awesome to see so many respons from the Magical Magi community! 15 september 2015 Magi will celebrate its first Birthday. I think we all can be proud at our dev, team and awesome community! I will look and work out some ideas about Magi's birthdayparty! For the people who already joined the tasks from the give-away here http://bitcoingarden.tk/forum/index.php?topic=4358.0 don't forget to add the links there. |
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heya magi people! i would like to thank Joelao95 for fixing ERM wallet issue! It's been 2 month since we had this issue and since then ERM is stucked! Due to this fix, the ERM team are now able to continue the planned stuff. To XMG DEV, we owe you big  Thanks again -lionheart78 of ERM Team Lionheart78 nice to see you back here! heya 111magic!!! Thanks , XMG community is blessed to have a great dev and team of people like you to manage XMG and vice versa, it is always refreshing to visit your lively thread! More Power to XMG Dev and Community!!! Thanks for your nice words Lionheart78. Indeed we are very happy with our community and Dev. Give-away http://bitcoingarden.tk/forum/index.php?topic=4358.0 |
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I wish to speedup wallet startup time. On slow atom cpu it is annoying. Maybe we can change DB format (like novacoin, dash).
And I like idea to some increase of POS reward.
Thanks for comments, will check out DB things and see if that improves startup time. Regarding PoS, what's interest you like; the APR is not that low actually by comparing with other coins, and the staking can be offset by PoS-II at some conditions. I've always thought that around 10 percent would be a good rate for PoS but it is just a gut feel. A hard fork or algorithm change might cause issues with the exchanges and I'm not sure that would be worth the risk. I'd vote for adding setstakesplitthreshold and some feedback on coin weight to the advanced coin control dialog though. I would not do any major hard fork unless there is a clear indication from the community – perhaps a vote could be setup for this? You have a good point there. If Magi switch algo it must be very good that the exchanges don't make a problem about it. So Magi will not rush but will make informed decisions! We need to look carefully at every possibility to the advantages and disadvantages. |
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heya magi people! i would like to thank Joelao95 for fixing ERM wallet issue! It's been 2 month since we had this issue and since then ERM is stucked! Due to this fix, the ERM team are now able to continue the planned stuff. To XMG DEV, we owe you big Thanks again -lionheart78 of ERM Team Lionheart78 nice to see you back here! |
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I like what I am reading. Magi is awesome. Solid coin.
Thanks for the nice words guys! That's very motivating. |
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