Facts, Just saw a article that when u want a large btc sell order u can crash the market because its very volatile. U can start selling 10 btc at 10000 but end up at 6000 so if u want large sell quantities u have to do it over some time. Holding the price down every time it comes back up. So i really hope that is not the case and they are not selling off all the alts and btc. It would explain the price dump at the moment.  Even so in my explanation i spoke of 10 btc u all know wat the CM bank has.  So couple of weeks lo prices and yard sale in crypto.  I hope i am wrong! But brace for the worst.

Achillis thanx for the answer, I'll try it today when ill get to my rigs - one question ...
why does config file have algo "crypto night" when its neoscrypt? and the url is "stratum+tcp://xmr.suprnova.cc:5222"? is it suppose to be like this?

other question is do i have to have vivo wallet installed on my rig? on other SOLO MINING threads (for other coins) instructions say that i have to instal coin wallet on rig.

Thanx in advance!

i think it was some guy in innova that made a windows version of sentinel

Indeed i use it. Just make a shortcut method and it works great.

Hello.

There is no window guides or instructions because as most of the developers - we are more comfortable in linux.
There is lot of people who compiled from source in Ubuntu and we have not recorded not 1 problem.

If You are programmer by trade You should be able to understand the concept of open source. Everybody is running the same code and wallets are compiled from it as well. Who would go on with the lengths of creating a whole new codebase with added trojan for every OS and then giving them out publicly so everybody with a bit of knowledge can link the virus infested code to Us?  Does not sound like a realistic scenario, does it?

If You need help getting into slack or discord then i am starting really to question Your abilities as a programmer. Programmer does not give up when they insert their email wrong.


Too many scare stories and FUD is going on lately. Lets just recap what has happened in the short lifetime of Magnetwork:

START

I saw here earlier someone again spreading the FUD about premine being huge again and we are not being transparent about it. Also that network security does not take 9 days to establish or doesnt need to be cared that much. Our start was so rough because after starting our mainnet and renting miners to test it out.. someone with a 100TH mining power started to mine on our just established network without it being public.. it stopped at some point but we were puzzled about it. That much mining power at that early in networks start can corrupt the network consensus on some wallets. We realized the connection was hostile. We fought with the illegal miners few more times and decided to go public first chance with the chain instead of trying to make sense of it or make it safer.. because the answer to the problem was more nodes and being public could solve it.

EARLY STAGES

When we went public with the chain.. since ANN was messed/rushed due the unexpected miners, we had 1 little line saying "no premine" in the ANN thread. Not even in the heading but in the description. It was there because we used other ANN as a template to work on. As the mistake came to public we removed it right away and gave a proper explanation about the true premine that was 0.625% and not 1.9 million as lot of people were saying. Total supply was 1.3 millions at the time they were accusing us of premine 1.8 million so its clear someone overreacted. Explanation about the real premine during the test phase (ca.800k coins) can be found on ANN thread page [18] with detailed calculations and plans where those coins will be spent. Now.. back to the network - the minute we went public possibly the same miners started to DDOS attack our mining pool. We fought with the problem until we resolved it but attacks kept on happening to other pools. This can checked easily from ANN thread where people having trouble with DDOS alot. Someone has been sabotaging Us from the start.

RECENT EXCHANGE TROUBLE

Whoever claimed that network security is not the "thing to worry about" ... this lock out with coinexchange.io that lasted 3 days was achieved by those early attacks. Some parts of the exchange wallet were corrupted and it took so long to discover them because exchange has obligation to keep some parts of their server side code undisclosed so troubleshooting was painful.. but at last we succeeded and now back on track finally. This 3 days were a mess in the price because wallet maintenance means lot of demand without supply so price skyrocketed and people started to accuse exchange and us of being frauds and not letting people to sell when tackled the technical problem for 3 days and tried to stay calm. The price surge happens always when exchange puts the wallet in maintenance and demand it there. Absolutely normal and expected thing to happen and we notified people about it.

ACCUSATIONS VS REALITY

One of the last things popped out was someone accusing us of being in control of the market because of that premine. Real premine during testing period was around 800k coins. We have paid away around 400k to exchange fees, marketing fees, translation fees, outsourced coding when we need help and so in total we have control over about 400k mags that is put away for future developments and needs. This is around 8% of the current circulating supply right now and it is decreasing every minute. More coins get created, less our control % will be. If You consider the fact we are using most of the coins to pay for services then what centralized control we are talking about here?

As a last thought i will now list here things we have done during 1 month we have been on the market:

- established a safe network start so no loss of coins has been recorded up to date
- fixed the "masternode not in the list" problem when it occurred
- built a masternode check tool for better overview for the users (it will soon be available for the android with even more features)
- added user requested multiple node monitoring option to the tool
- took care of the exchange code problem
- released wallets for all the bigger operating systems
- we give literally almost 24h support on slack/discord and react to user suggstions
- we put out very understandable guides and tutorials for people with less experince in MN tech
- under a month and we have 250+ people on slack / 100+ on discord channel opened week ago / 380+twitter followers / 270+ masternodes and we are growing

All of the above was achieved without a proper website/roadmap and only with showing community that we care.

So now YOU are the one to decide if we are here to scam or to stay and put in the work...


P.S. Website is almost done. We are finishing up on the whitepaper and roadmap needs bit more discussing so we can put out the timeline that is solid and achievable.