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3841  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 17, 2015, 11:29:15 AM
btw im curious who are still busy making a movi/video for XMG Grin

Saw some posts about people working on those! But don't know how many! Every video is welcome for the contest!

There is at least me !

Erkallys thats nice amigo. Received 3 other video's also! Hope to receive some more! Smiley
3842  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 17, 2015, 05:32:46 AM
Thanks for the symbols.

The MaxMiner pool seems down, will try to contact the owner.

I am running into some important private stuffs which are supposed to be done tomorrow morning, will make some posts after that.
Thanks Joe. Good luck!
3843  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: March 17, 2015, 04:50:54 AM
Ok you right about that Wpalczynski! Sorry for that. Will keep the thread clean.
3844  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 16, 2015, 10:08:33 PM
btw im curious who are still busy making a movi/video for XMG Grin

Saw some posts about people working on those! But don't know how many! Every video is welcome for the contest!
3845  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 16, 2015, 09:28:38 PM
Strange! If Joe will be online he will check that out. Thanks for sharing!
3846  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 16, 2015, 08:47:53 PM
Also sent some XMG already just as gesture and because i like this. People helping eachother!! Well done guys! Smiley

Tnx 111magic!
Your welcome!
Guys make sure you have your wallet address in your signature.
Team will sent some XMG now and than! Wink
3847  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 16, 2015, 08:27:24 PM
Also sent some XMG already just as gesture and because i like this. People helping eachother!! Well done guys! Smiley
3848  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 16, 2015, 08:17:17 PM
Woohoo, I have voted for Magi just seconds ago Cheesy
Now Magi have 41 votes (that's 6.1%, let's targeting 10%) Cool

Voted XMG has has 45 votes now  6.6%
Its good,but we can do better than that Wink


Magi has also some votes from newbies. They can not vote yet in the poll!
Should be awesome if Magi could pass Darkcoin! Smiley
3849  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: March 16, 2015, 06:20:41 PM

Sounds like SuperNET to me. Especially the API thing and being able to run on any type of currency.

I'm not so sure, isn't SuperNET using the various coins as features apart of the network? For example BBR will be the anonymous layer, etc...

I am not advocating that at all, I'm advocating for a truly coin agnostic platform that only uses Crypto Currencies as a method of barter/payment and nothing more.


Something that allows people to spend any crypto anywhere that accepts crypto as payment?

like shapshift and xmr.to?
Or do you mean Magi XMG? (Coin of the Magi)
Magi launched own standalone payment short time ago.
3850  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 16, 2015, 11:21:17 AM
Erkallys why not? Are you a miner? If you are you might join the PoM.

Yes I am but I couldn't let my computer mine for months.

How one can join the PoM?
Sorry Hefty team has not finished the plan (rules and rewards). Hope team can present it soon.
3851  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 16, 2015, 11:18:21 AM
Some good news for the community: Smiley
We can start a new PoM soon.
Always good to recieve more donations   (99TPno3sPeUfDh9tq4To7xkLAYNQV1Qri1)
but for starting the new PoM we achieved more than minimum required fund. Thanks for that.
Team is working now on solid and fair plan.

Thanks for update. Funds so far are about 23K XMG or so.

23K XMG? I saw on the blockchain that address (99TPno3sPeUfDh9tq4To7xkLAYNQV1Qri1) still on 13088 XMG, is there another address else that?
There is another donation of 10k XMG. Joe can you add that one?
3852  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NobleCoin[NOBL] - Proof Of Stake | MARKETPLACE on: March 15, 2015, 09:57:21 PM
there is a lot more going on than you know But what you have said about Rofo, is completely wrong, he will never leave noble, that is a fact, I know this, I have spoken to him myself at great length but it is far from my place to interject other than to say, those of you that know what rofo did and how he handled everything in the early days he has not changed, he will continue to run the website and the marketplace and when all is said and done with this change over you will see that ... but time has to be given in this case. I cannot say anymore, but I have a lot riding on this too, I have invested from my pension almost every week since day 1 of Noble either in hash or as I have on many occasion fiat injection... if you know Rofo go talk to him, he is as approachable as he was from day 1 ... jaded a little maybe, but has always got time for the committed holders of noble ... mark my words, I will publicly give away my noble if Rofo walks ...  quote me and mark my words on this day !!  

I agree that "Rofo" "will never leave noble" (based on what I read). What you guys need to do is to come up with something to relieve his pressure as a dev, he'll be happy to take a role in the coin. I can understand what he is talking about when he invested a year into the coin and tried to establish business around it, however he mostly forgot this is crypto, most of people approaching crypto is for profits and most of them just come and go. As a dev, I can understand the feeling, luckily I won't quit my real job.
Good to see that our brilliant and motivated developer gives his time and energy to helping others. The Nobl community will determine welcome this help. Fits well in the programm of the Coin of the Magi. Fair and respect for other coins.
3853  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 15, 2015, 08:20:02 PM
This poll ...

https://bitcointalk.org/index.php?topic=915569.0

... is putting us right up there with the most well-known names. Gotta be good.

We are already famous. It is just that not enough people know it yet.

Onwards and upwards Smiley
https://bitcointalk.org/index.php?topic=915569.0

11 more votes and Magi is on same spot as Darkcoin.
 Wink
3854  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: March 15, 2015, 07:53:34 PM
Any thougths/research on Magi (https://bitcointalk.org/index.php?topic=735170.0)?
They have CPU mining, PoS-II, PoM & Unique BLK reward and are building there own payment processor.
From a first look the project looks pretty sophisticated. I think I try to upread on it today or tommorow.

Nice to see that Magi (XMG) can be discussed here also.
If you have questions just ask.
Always welcome.

Since you are part of the Magi community I though I would ask you if you have any personal information on the cryptocoins-dice gambling site owner who went by the name Bobbax (new account he used for the gambling site scam).  He seems to have been involved with Magi as well.  Have a read through the thread below and if you have any information to help the community please post it there.  These sort of thiefs need to be rooted out of the crypto scene.

https://bitcointalk.org/index.php?topic=988226.msg10765725#msg10765725
I will check for you. Hate scams!! Will contact our dev for delete this one in our Magi thread! Thanks amigo!

https://bitcointalk.org/index.php?topic=988226.new#new

Link is deleted from our original Magi (XMG) thread.
3855  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 15, 2015, 07:43:55 PM
when does start the POM campaign ?
We are working on solid and fair plan.
If we know the date team will inform the community asap.
3856  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 15, 2015, 06:43:16 PM
Erkallys why not? Are you a miner? If you are you might join the PoM.
3857  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 15, 2015, 05:57:48 PM
Some good news for the community: Smiley
We can start a new PoM soon.
Always good to recieve more donations   (99TPno3sPeUfDh9tq4To7xkLAYNQV1Qri1)
but for starting the new PoM we achieved more than minimum required fund. Thanks for that.
Team is working now on solid and fair plan.

Thanks for update. Funds so far are about 23K XMG or so.

That's nice! Think there will be another donation coming! Smiley Will let you know tonight!
3858  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 15, 2015, 02:37:49 PM
what happened with block reward yst/today? Smiley from 5xmg earnings a day (few days ago) to 25 xmg ystday Smiley
Maybe Magic? Smiley
3859  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 15, 2015, 07:06:30 AM
What is POM ?

Good question; no one was questioning this before, though we're talking "CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay]". PoM has more meaning (since we're advising 1st PoM) than a single campaign as done before (which was an approach to protect coin distribution): https://bitcointalk.org/index.php?topic=802681.0; some details here: http://arxiv.org/pdf/1409.7948v1.pdf

PoM - proof of mining; by it's definition, the more mining efforts being placed, the more rewards one gets. This is typically right in mining any coins, while it's particularly emphasized in Magi (on individuals' participation), because of the design of PoW block reward. A simple description of the block reward is that it decreases with increasing network hashrate, and may hit zero when network hash is significantly high. A consequence of this is big miners get frustrated. If one is familiar with the block reward (https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269), you will see block reward could be easily hitting zero. A point here, which was also being argued among people, is who will exit if mining nothing? This is where PoM campaign will be functioning. The campaign will encourage people to keep mining by rewarding despite the amount of block reward. To understand the purpose of the PoM campaign , we can see what happens if we're on the opposite situation - what if generic miners quit first?: 1) big miners keep mining, 2) because of miners quitting, network hash getting low, block reward increasing, and big miners get rewarded more! So now you see PoM campaign is trying to protect the network and to ensure FAIR coin distribution.

To the individuals, PoM means one will receive better rewarding by long term mining. Provided that we, the generic miners, form a solid league, won't give up mining in any situation. One will receive less mining share if big miners are present since they have more hash weight over the rest of miners. It should be noted, however, that coin distribution is pretty much protected by the significantly reduced block reward, as much less coins will be mined in this case. At the time of big miners' leaving, network hash decreasing, not only one gets higher mining share, but also the block reward is high. Then you know why Magi can achieve the FAIRness in coin distribution.

Some good news for the community: Smiley
We can start a new PoM soon.
Always good to recieve more donations   (99TPno3sPeUfDh9tq4To7xkLAYNQV1Qri1)
but for starting the new PoM we achieved more than minimum required fund. Thanks for that.
Team is working now on solid and fair plan.

3860  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: March 15, 2015, 06:51:40 AM
nice coin
Thanks and welcome in our Magical community.

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