Congrats to DMD being growing old,  enjoy your party. |
|
|
|
Great work there XMG Dev, I'm still waiting for 111magic reply so i can finalize the calculation of the upcoming campaign. Hopefully we can pull lots of interest toward XMG in this campaign.
Thanks; hope things keep going. |
|
|
|
Hi guys, I volunteered to manage the Signature Campaign, though it still in planning stage, if the team approved it then we will start to have the Signature Campaign Design Contest, and after the winner is chosen, will proceed to the campaign itself. I want to make clear that it is still in the planning stage and need to be discussed. The plan is to create another thread once the plan is approved and all the details are set so that all the upcoming update will be clear to see in this thread.
Just want to mention a thanks to serjent05's idea, Lion's commitment, starmman assistance, in any forms. Of course, Magic did a lot lot efforts into whatever marketing stuffs, including twitter, as well as goldlabel's facebook campaign. I don't want to lead to any frustrations, but be ready to avoid burning your time. For any on-going efforts, you have my supports. |
|
|
|
Thanks for new wallet running great can you upload somewhere magi.conf or what I have write inside.
Please have a look at http://coinmagi.org/bin/example-conf/magi.conf, and these two lines: # Transaction under stake with a value greater than the threshold is being splitted
stakesplitthreshold=500
# Transactions with values less than the threshold will combine into one
stakecombinethreshold=250 You can check whether settings are set properly by running commands from Console (on Qt wallet): getstakesplitthreshold
getstakecombinethreshold |
|
|
|
Updates (06/22/2016):
New wallet 1.3.0rc1 available:
Download link: http://coinmagi.org/bin/m-wallet-1.3.0rc1/
(I'll fulfill OSX compiling, TBD)
Source: https://github.com/magi-project/magi/tree/1.3.0rc
Block chain: http://coinmagi.org/bin/block-chain/
Release notes: http://coinmagi.org/bin/release-notes.md
Changelog:
# Changed database for storing transaction and block indices from Berkeley DB to LevelDB;
# Enabled block hash storing in storage and loaded directly from disk;
# Fixed "Checkpoint is too old" warning
# PoS stake splitting and combining features, which can be set by stakesplitthreshold=VALUE and stakecombinethreshold VALUE in magi.conf, or by RPC commands: setstakesplitthreshold and setstakecombinethreshold; RPC commands getstakesplitthreshold and getstakecombinethreshold to show their current values;
# Added price information on Qt Overviewpage;
# Qt wallet logo change and GUI improvements;
# Merge pull request of version check updates by feldenthorne; fixed automatic version check including test/rc versions.
# Merge pull request of adding total balance in "Transactions" page by lightsplasher;
Thanks to feldenthorne and lightsplasher for the contributions to the code base and sorry for the long-delayed merge. I am supposed to respond to the pull request significantly fast from now on. If anyone is able to make changes to source, please.
Note 1:
We are changing to leveldb for block index storing. For this purpose, we suggest use of the new wallet in limited occasions. This is the reason of the RC version, though I didn't see any issue in my own side. At this moment, I DON'T recommend using the wallet in your minings, pool server, or exchanges. In my estimate about two weeks long without having any issues coming up, we will roll out a stable release.
Note 2:
Due to change to leveldb data, you have to get rid of the old version of block data before using the new client. To save the time, I have pulled out an up-to-date block chain which can be downloaded from here: http://coinmagi.org/bin/block-chain/
A bit concern of stake splitting & combing in original ppc design since it involves security concerns: https://github.com/magi-project/magi/blob/1.3.0rc/src/wallet.cpp#L1595 // The original design prevents stakes having the same parent transaction from combining
// which somehow reads as encouraging splitting (improve security);
// This mechanism is to be disabled in Magi since combining won't cause security concern
/* Splitting is only enforced at wallet, not by PoS protocol as well as consensus over network.
* Original PPCoin design encourages splitting as per "Lower coinstake combine threshold to
* improve security", which can be understood by the fact that in general PoS, with a large
* number of coins in stake comes greater chance of (PoS) mining blocks. This is not going to
* happen in Magi. Also, hardening nStakeCombineThreshold is impractical since an advanced user
* can easilly make a change to that and rebuild a wallet. The change to nStakeCombineThreshold
* should be available externally, e.g., RPC command, magi.conf configuration file.
** Magi, for optimum staking, nStakeCombineThreshold should be used in combination with nStakeSplitThreshold.*/
Update procedure:
1) Backup wallet.dat to a safe place;
2) Delete everything under the Magi or .magi folder except wallet.dat;
3) Download block chain from here http://coinmagi.org/bin/block-chain/ and unzip the fille;
4) Unzip all of the stuffs under the folder m-blockchain into Magi or .magi;
5) Start up the new wallet.
At the last minute when I compiled the wallet in windows, the price info on the new wallet in Windows seems not working, though it all worked out in my linux machine; we'll fix it in the final version.
I guess this is it.
I'll talk more most likely tomorrow night.
|
|
|
|
Right Cryptonit. Magi team will no give up.
Dev is doing a great job at the moment.
And I honesty think that with the improvements, our awesome community, new campaigns, the nice & stable value of XMG, Magi will have a great future!
Good to hear - Magi has an awesome, active community! community will not help if magi will be delisted from polo I don't understand you're line? Did I miss something? I don't see a warning or received a message about polo delisting Magi. ?? ------------------------------------------ ------------------------------------------ No worries all! Magi is save on polo! He means community won't be help if polo decided to delist, suppose.  |
|
|
|
I would love to, but according to my schedule for the following week, ill be very busy too. I hope someone from the community step up and volunteer to organize this Signature Campaign Idea for XMG. This will promote XMG to other thread of Bitcointalk.org.
And this is THE problem with XMG. So many good thoughts so little time. The only way to save XMG from going to 100 sat would be a well paid team with good programmers and marketing guys. Otherwise I assume the end will come very soon, because the coin will be removed from all exchanges. But with a marketcap of nearly 50.000 there will be no money for a well paid team. Well, end is WE GAVE IT UP. |
|
|
|
http://imgur.com/7n1fvXqI must admit I'm surprised looking at this chart, I didn't know Magi lost so much value compared to BTC in the last year. I really hope thats about to change and we finally move up from here. Looking forwards to new wallet and new improvements. I think that everything should change with the release of the new wallet and Proof of Interest 4. Now it is close to $0.01 in value so it is getting back on track. I am wondering if I could set up a Coin Magi node from within a Raspberry Pi 2. It would be of great help to the Magi network and to preserve the coin for long term. By the way, an online XMG wallet wouldn't be a bad idea after. It would make things pretty convenient to the coin to make it accessible anytime, anywhere. Just sharing my opinion. Online XMG wallet is absolutely a good idea. I like to see p2pool coming up if one can do that. Furthermore, I wish people can contribute to documentations (mining guides, pi setup etc); I'll bring up a wiki site some time that will explain magi and disseminate the idea better. |
|
|
|
Any positive information of xmg? Praying for the next great coin, good luck everyone!  For any big positives may lie in what gonna happen in v1.4 or v1.5, to be honest, if what's planned are to be done and agreed by people desirable to magi. |
|
|
|
|
Not getting well, got working on some stuffs till now. Also need to keep pushing some changes into the code base, so predictable delay of the binary compilation. Stay tuned.
|
|
|
|
Thanks a lot. Can you describe the changes? From looking at the commits: - Added lightsplasher's total balance display
- Fixed automatic wallet update notifications
- Migrated to LevelDB for transaction storage
- Updated checks for PoS blocks
- Updated checkpoint syncing, hopefully eliminating the "checkpoint too old" bug
- Added automatic coin stack merging/splitting (as far as I can tell)
Thanks, mate; almost all done so far. |
|
|
|
i have 464 kh speed in my farm servers. How many xmg i mining per day? Or maybe you know link in profit calculator for this coin?
You can get that by which gives a snapshot of the current reward: {
"hashrate (kh/s)" : 464.00000000,
"difficulty" : 2.93574180,
"difficulty(aver)" : 2.12859090,
"blockvalue" : 33.86911489,
"mining (XMG)" : {
"1 hour" : 6.18831292,
"1 day" : 148.51951001,
"1 week" : 1039.63657009
}
} |
|
|
|
Nice; to mention, this is provided by ex33s and hosted on his VPS, and there are a few other stuffs under his support. |
|
|
|
... I know that Joe is working very hard to give us the best Magi wallet yet! It will probably take some time, but at the end it will be really worth it. Thanks; I hope so. I guess I've done the major changes which are supposed to be done in this update, so I'll make a set of RC version of binaries compiled and available in the following days as possible as I can. The major changes are the much fast wallet, PoS with merging stakes along with a splitting threshold setup (these should really be done long long ago, anyway ..). More details will be covered when I post the binaries. As I got works at weekdays, best time would be weekend. However, I'd accomplish compiling at a couple of OS, plus some stuffs like preparing block chain data, and things which may come up near the end; there would be any chance of delay. |
|
|
|
Glad to see some serious movement here.
P.S. Hey Magic111. Long time no see, mate. Hope everything is ok with you!
Hè Kondiomir, Yes amigo i'am doing ok. Lost a lot of time with learning for my last exams. Now I don't have to learn I can be a lot more active for Magi again! No, learn as far as you can.... btw, good to see you around, kondiomir.. |
|
|
|
wish best for magi.. as long as i don't have rig nothing much i can talk here hehe.. and rent rig was bad idea to do.. think while you are waiting for your rig, why wont your restaurant accept XMG as payment? OT: nice to see you on your jr. member suit NK  Good to see you, Lion. Wakhid, I'll go to Bali one day and spend some XMG to you guys. |
|
|
|
Agree and yes dev joe do what you like to do it's your passion on code. And yes magi is the only one coin that have once great dev like you. And by the time, The other great people will come to this coin too. And also he/she or it will help Magi Rise. Always wish you luck dev and thanks for your effort. Also sorry cannot help anything since the beginning. And keep good work dev, we don't know how close you're with every thing you want to reach.
Sup
wakhid mukti
Thanks wakhid; yet to be great.
...
I think we need to make it very very easy to mine - i'm thinking
one-click mining, or have the wallet set to mine on one thread
automatically as a default. You can have the wallet connect to
a pool (if solo-mining is not an option). I'm not sure how to get
auto-payments to the wallet, maybe the wallet could create an
address just for receiving mining payments.
If that won't work, how about an "anonymous" pool, which requires
only a magi address, and some simplified mining software to go
with it. Getting past antivirus without triggering it is also an issue.
We should make it so anyone, even without technical skills, can mine.
Thanks for the suggestions, Coins-R-Us; I got the point, easy mining. I thought about a plan of wallet improvement and integrating mining into the wallet; by simple clicking enables both PoW and PoS. One of the options and what I wanted to do all along is the P2Pool, which will enable mining to address. Kindly some one would offer such a pool, or I'd do any ways. I also like to see any other opinions coming up.
...
..., maybe magi will be one of the few that really is for anybody.
I hope this is the scene of magi in the near future. there is lot IF because we dont know exact what changes joe wana implement
I'd avoid talking much before delivery, and to avoid frustrating community, the same reason for "No ETA"; but a simple route for the current release, a speeding wallet seems running well; I got sync done in the past few days, everything seems running okay, wallet comes up in a minute or so. I'll get another improvement done plus few minor fixes, then release candidates. but he said he did listen to lot of my suggestions and i did suggest less POW rewards move coinrollout more towards POS and make POS easyer manageable by user (zero micromanagement needed via coin control) if that stuff happens i expect a lower inflation more importance of POS and a rapid raise of coin value (les POW inflation and buy coins to be able produce coins positive market effect on more powerfull POS) i would love a coinsetup where POW create not more than 2% yearly inflation and POS not more than 3% then we have a max 5% inflation and can be considered as a very stable coin setup
Yea bud, you have some good points. I'd take the route of revising the monetary system to make magi healthy; however, I'd resist to make changes for the sake of coin value, very much a scene of pure PoS coins and the like, which, I believe not helping coin value in the long run but a possibility of leading to centralization, let alone fail to catch the interests of miners. In general, the majority of the coins should be distributed through a de-centralized way in a significant long period, over which sufficient miners join the party and get a share. One of the conclusions that the total coins generated, e.g., through PoW, should be much greater than PoS, can thus be drawn; same for why mining should stay low. For this reason, I would not think 2% PoW over 3% PoS is a good combination. Though I tend to stick to PoW, a "smart" bridge of PoW and PoS can be a go, for example, when mining goes misbehaving. I do have to re-evaluate the number of coins being distributed, but most likely I suggest to make no changes for consistency throughout. |
|
|
|
We're going to migrate to LevelDB for block index storing and retrieval. This will speed up the wallet significantly.
https://github.com/magi-project/magi/tree/1.3-exp
1.3-exp contains coarse codes integrated as of yet; it's NOT ready. This is obviously very experimental at this time and yet proves clearance of bugs, that you might not want to try, though I've compiled a wallet currently downloading block chain and going through details. If one is interested, please DO NOT use it in your regular way: don't run it with your old wallet.dat in the directory, and mine or do any other transactions. You'd better to move everything (prior block data + wallet.dat) to elsewhere before launch this experimental wallet. Use your cautions.
So, this is a simple update; I'm posting in case one could help. What I did to spend time on this issue is less urgent compared to other issues; well, I seemed to be in the middle of something; the truth is that there are many stuffs that need to done; tried to get a little step before going into my work. What I intended in the past was to integrate the latest code base. This is mostly a crazy idea for an individual to handle the whole open-source code base.
At this point, it seems a time for me to cover some more. Magi is nearly two years, but we have almost a dev-blank in 2015 and beginning of 2016. All came to stuffs of mine, job-changing-relocation-settle-down, so about a life change.
No ETA until I'm done; reason is that I've to take care of my work well without burning in this crypto land; and uncertainties in coding and testing.
An opinion to magi if you'd ask me, I'd keep it going and that seems my only interest in this crypto, no investment in BTC or any things else at all as I do lose my trusts on some things so called people claimed from time to time, you saw that, went through that, and got your judgement; certainly I am interested to the techs, with freedoms to compose, to tackle the tough. If you'd ask me the plans, I do have many, but I'd refrain to talk much before some thing else are actually done. I provided a few thoughts nearly a year before one can check hundred of pages back, absolutely those I'd carry on. Let's see.
|
|
|
|
|
Show Posts
