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Alternate cryptocurrencies / Mining (Altcoins) / Magi XMG mining
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on: January 10, 2018, 04:30:46 PM
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Summary Magi (XMG) is a PoW/PoS hybrid coin (mPoW/mPoS). Magi is designed with difficulty dependent mining reward for proof-of-mining (PoW) blocks in order to put network hashrate under a certain limit. Magi at the first time implements a novel proof-of-staking mechanism, to frustrate potential attack through accumulating a large number of coins and offline staking time (read more..). Magi is at the first concentrating on the low cost in maintaining its block system, for example, through cost effective mining devices. To this end, Magi, aiming at fairness, cost effective and energy efficiency, strives for every single effort to make mining be available to everyone, and provides an even playing field for people looking to issue digital coins without expensive equipment.
mPoW, the magi's proof-of-work (PoW) protocol, in addition to required computational works to be done to deter denial of service attacks, is also a network-dependent rewarding model system. The mPoW rewards participants who solve complicated cryptographical questions not only to validate transactions but also to create new blocks and generate coins. The amout of coins generated are constantly monitored by the mPoW protocol and tuned on the basis of an attraction-repulsion model: 1) incremental rewarding to stimulate network activities during passive mining phase, and 2) decremental rewarding to mitigate redundant mining sources during agressive mining phase. mPoW can effectively govern the magi's network and limit it under a certain scale, enabling the general devices to be capable of mining magi. ++ For details - A network-dependent rewarding system: proof-of-mining
mPoS, the magi's proof-of-stake (PoS) protocol, aims to achieve distributed consensus through operations in addition to mPoW. mPoS is designed such that it rejects potential attacks through accumulating a large amount of coins or offline staking time, either of which leads to security concerns. Similar to mPoW's operation, mPoS is constructed in accordance with the concept of the attraction-repulsion model. Magi hybridizes mPoW with mPoS, and integrate both consensus approaches in order to acquire benefits from the two mechanisms and create a more robust payment system. ++ For details - magi's PoS[/center]
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Local / Alt Coins (Nederlands) / 🌟FUNDFANTASY FINANCIEEL FANTASY PLATFORM🌟
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on: December 31, 2017, 09:23:06 AM
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⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃ ⸭⸭⸭FUNDFANTASY IN DE MEDIA ⸭⸭⸭⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃ ⸭⸭⸭Reviews ⸭⸭⸭ ⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃⁃ ⸭⸭⸭Telegram CAMPAGNE IS GEOPEND⸭⸭⸭(100,000FUNDZ Beschikbaar)Word lid van onze Telegramgroep en ontvang 10 FUNDZ[Voorwaarden]- Slechts één aanvraag per deelnemer. - Je moet eerst lid worden van onze Telegramgroep voordat je de tokens aanvraagt. - Door lid te worden van onze community hopen we dat je je op een respectvolle manier uit kan drukken in onze kanalen. - Nieuwe aanmeldingen worden chronologisch beloond en zijn afhankelijk van het moment van verzending van de aanvraag. ⸎ Link naar Telegram⸎ [Aanvraagformulier] [Volg ons] |
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Other / Off-topic / Pwned?
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on: July 04, 2017, 05:15:29 AM
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Just like to share something with you all. Its off-topic for my favorite currency so thats why i posted it here. You can check if you been pwned here: https://haveibeenpwned.com |
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Alternate cryptocurrencies / Service Announcements (Altcoins) / Magi XMG the unique and fair currency launched Proof of Interest 3
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on: December 01, 2015, 08:46:01 PM
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 Banks do give interest but not very much! Magi does this better!
The Coin of the Magi is the digital currency of the future, fair unique and for all people living everywhere!Rules for the Magi Proof of Interest 3 2016! The base is very simple. Time period: The Proof of Interest will last 3 months. When can I register to participate? Registration will be open: 01-12-2015 How do I sign up? Tell me that you want to join the PoI here: http://bitcoingarden.tk/forum/index.php?topic=5721.msg103927#msg103927 Registration is done by posting your XMG address replying here on Bitcoingarden or PM me here or make a post here with MAgi wallet-address in your signature! What information should I include? Write your participating wallet XMG address in a reply here: http://bitcoingarden.tk/forum/index.php?topic=5721.msg103927#msg103927 (only one address allowed to join, all addresses will be made public at the end of registration in interest of fairness of the campaign.) (only one address a person allowed to join) The team will check the address's initial balance, and that balance will start participating in the PoI. (After confirmation participant) When will I receive my interest? Interest will be paid on 01-04-2016 What happens if I have more XMG in my wallet on 01-04-2016? You will receive interest on the amount present in your wallet on that date. (Advantage participant) What happens if I have less XMG in my wallet on 01-04-2016? You will not receive any interest from campaign, if your initial balance has decreased more than 15% at the campaigns end! (Drawback participant) What happens if I XMG have used to pay for goods? This has no negative effect on your interest. (Receipt required) How will be interest distributed? The interest will be distributed by means of a specific calculation. This can be influenced by the number of participants, level of the fund and total number of coins that participate.Team will check addresses random and record the coins in that address. Based on that the interest calculation will be done! Who will pay the interest for this Proof of Interest campaign? I received the donation of will follow (hope 25.000 XMG again) (For the third time! Love this guy) On his request, the donor will remain anonymous! Payouts will be done by me. Interest will be paid to the designated address wallet. Changes of participating address during the Proof of Interest is possible only once per user in the 3 months period (changing is not advisable, though). Exchanges or wallet address on an exchange are excluded from participation. Your XMG balance for joining the Proof of Interest has to be min. 500 XMG NOTE: The team reserves it's right to send a warning to a drawback member, that his balance is decrease more than 15% on their regular random balance checks. There will be a limit set for the amount of people who can join the Proof of Interest. Max 150 people! Remember the more coins you have in your wallet the higher the amount of coins you will receive by interest!  |
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Alternate cryptocurrencies / Mining (Altcoins) / Magi XMG special guide for new people joining the Crypto-world!
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on: October 11, 2015, 08:44:33 PM
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“Mining your first coin” an absolute beginners guide So you want to feel the experience of mining but you are just an average Joe with just a normal computer? Notice, this tutorial is for windows users (sorry, I don’t have any Mac). WARNING: before you go any further into reading, this is not a “get rich quick” guide, in fact most probably you will have to pay more in electricity costs. This is a guide to help you make the first steps and give you a window to this exiting new world of crypto-currencies, do your calculations before keeping your computer open for months. (time to refresh this boring math classes from school times). I am assuming that you have all heard that mining Bitcoin with a normal computer is impossible, that’s true but if you are new in Crypto you probably think that you can mine any other altcoin which valued 0.0000something over Bitcoin. Unfortunate that’s not the case, since most of the alternate coins are also difficult to mine without a super powerful graphic card. So what do you do if you have a normal computer without a 300+ USD graphic card but you want to mine a coin, to feel the thrill of your computer generating some coins, to learn how to sent and receive or to experiment with trading? XMG The Coin of Magi  Hopefully for you there are some coins out there that you can mine only with a CPU so anybody with a normal computer that can operate any modern operating system can participate in the digital coin revolution. The most stable and with the biggest community, CPU only coin, is the Coin Magi (Currency Code: XMG). In the following steps i am going to explain you, step by step, how to start mining Magi and i will also supply a bunch of links to read more and also how you could get more Magi for free, are you ready? let’s start mining… Step 1: You need to have a Magi coin address in order to register to the pool and receive the coins that you mine, so the absolute first step is to download the Magi Wallet. In crypto world you have to be extremely careful and download executable files only from trusted sources, download your wallet in the official website.    Step 2: Once the download finish, you will have a file “m-wallet-latest-win.zip” in your downloads or anywhere else you saved it. Unzip the file and click in the bin folder, here you will find two different versions and you have to choose according to your operating system, if you don’t know if you have a 32 bit or 64 bit operating system, you need to find it, for Windows XP, Vista or 7 and for Windows 8. Now that you know which operating system version to use, copy the folder 32 or 64 to your “Program Files” directory or anywhere else at your convenience and rename it to something relevant like “Magi”. Now open the folder, right click on the file “magi-qt.exe” and click on “Send to” -> “Desktop (create shortcut)”. Step 3: Now that you have Magi installed in your computer, open the wallet using the link at the desktop. It might take some time to open, don’t worry, it didn’t freeze, just give it some time and it will open. At this point you will need some patience, the wallet will start downloading the blockchain (think about it like the database of the coin), it can take a couple of hours depending on you computer and your internet speed. You will know that you are downloading normally as long as you see the block(s) remaining on the bottom bar working, click here to check how your wallet will look like during this process. You will know that you finish the synchronization when your bottom bar will be fully black and a green tick icon will appear on the bottom right, this indicates that you are fully synced, click here to check how your wallet will look when you will be fully synced. Step 4: Now that you are fully synchronized you are ready to grab your address and register to the mining pool. In your wallet open the “Receive coins” tab, here you see your XMG address called no label. Double click on the (no label) and name it “Mining Pool” or create a new address, keep in mind that you can have as many address you want in a wallet and it’s always a good idea to separate your addresses in order to keep control of the payments. After you choose which address you will use open the mining pool registration page http://pom.m-hash.com/index.php?page=register and complete the form. Fill a username, add the address that you wish to receive the payment (you can copy from your wallet, right click -> copy address), your password (remember to keep it different and strong), your emails and a PIN that you are going to need to make any changes in your account. step5-dashboardStep 5: If you successful register to the pool (i don’t remember if you need to confirm your email, check it out anyway), you should be able to login at http://pom.m-hash.com/index.php?page=login using your email and your password. After successfully login you will be redirected in your dashboard where you will find your mining performance (your Hashrate is your mining speed counted in KH/s), how much is your balance and many information’s and statistics about the pool and mining Magi in general. Don’t get yourself worried if all this looks very complicated, with time you will be familiar with most of these numbers. The next task is to create a worker, in the left bar click to “My Account -> My Workers” and then add a worker name and a worker password and click the button “Add New Worker”. Note that you can have multiple workers under one account, for example you could call one worker “desktop” and another one like “laptop” or “office” (I am not responsible if they found you and get you fired  ). Step 6: And now we go to the “juicy” part, download the latest version of the Sweetspot at the address http://xmg.makejar.com/. At the moment of writing the newest version is the 1.0.1 (direct link here). Unzip the file, move it to a location of your convenience and open the included file “sweetspot.exe”. The first field is a drop-down menu to choose the pool, this is an easy one, just choose the first option “mining.m-hash.com:3334” (you are free to try any other mining pool but for the shake of simplicity my guide is assuming that you follow the step 3 and you have an account at pom.m-hash.com). At the second field you have to fill your username (the one that you open the account in the mining pool at step 3) then a dot (.) and the worker name that you choose at the step 4. The final result should be like that “username.workername”. Third field is the worker’s password, fill the password that you select on the step 5 (not your account’s password but the one that you select for the worker at “My Account -> My Workers”. WARNING: At this point it’s important to notice that you need to make sure that your CPU is clean of dust and with new glue, if you are not sure if your CPU can handle high volumes of work at long time then it’s wise to download a tracking temperature software and google your CPU and your temperatures to make sure that you are in the normal limits or don’t go more than 50% use by selecting the relevant option (Max CPU) in the Sweet Spot Magi Miner. At this point i am sure that you can’t wait any more, select Don’t Limit at the CPU Target, set the Max CPU at a safe limit like 60% or 70% and fire it up by pressing the button “Start Miner”. If everything goes fine you should be watching something like that. Step 7: After a couple of minutes the Dashboard on the pool’s page should start getting some data, if you see the box “My Hashrate” having a different value than 0.00 KH/s then i finish my job, you are hashing successfully! From this point and on you probably need to dig deeper and explore all the different options on Sweet Spot. If you wish to maximize your hashing rate first think that you need to check is the amount of Threads in the Multitasking field, find your CPU, google it and check how many cores (Threads) it has, your best friend in finding the optimal settings is any tracking temperature software or the Windows Task Manager. Try to avoid thinking how you can “melt your computer” running it at maximum performance 24/7 but finding the optimal comfortable level. Check out the following video that demonstrates how to use Sweet Spot. https://www.youtube.com/watch?v=u-dZe_PpMc0You want some free Magi? try the following faucets and earn some XMG’s for free Magi Steep Rocks 0,009-,9 60 min. MultiFaucet 0,01 12 horas Cryptospout 0.036 -,144 60 min. You want to learn more about Magi? Coin Magi main thread on bitcoingarden http://bitcoingarden.tk/forum/index.php?topic=4544.0IRC Magi channel https://kiwiirc.com/client/irc.freenode.net/#magiOfficial Magi twitter account https://twitter.com/CoinMagiMagi Evangelist, follow him for news and bounties: https://twitter.com/Coin_Magi_XMG |
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Local / Altcoins (criptomonedas alternativas) / [ANN] [XMG] Magi | 1ª POS-II | PoW| Tor | M7M-v2|
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on: August 28, 2015, 03:25:47 PM
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La moneda Magi, la moneda única de nueva generación para toda gente en cualquier parte! La moneda Magi (XMG) es un sistema de pago en línea que permite pagos instantáneos a cualquier persona en el mundo sin necesidad de un intermediario.
Con la moneda Magi, cualquiera en el mundo puede obtener monedas digitales a través de sus ordenadores personales y un proceso de minado basado en software. La moneda Magi elimina la naturaleza competitiva del minado y ofrece un nuevo "campo de juego" para cualquiera que quiera obtener monedas sin necesidad de un equipo costoso. La moneda Magi se distingue de entre otras por su equidad, costo efectivo y eficiencia energética para poder mantener el funcionamiento del sistema.  PROOF OF WORK – POW
M7M (v2) Funcion hash – Minada solo con CPU
Algoritmo secuencial iterativo y cálculo numérico que opera a través de puntos flotantes GMP para desactivar la ejecución paralela
Tiempo entre bloques: 3 minutos
MagiQuantumWave (MQW) la dificultad se ajuste por bloque
La recompensa por bloques depende de la dificultad para así desactivar a los "grandes mineros" PROOF OF STAKE II – POS-II
Nuevo mecanismo de "stake" PoS-II
El peso de la moneda depende de la transacción; Tiempo mínimo: 2 horas
Peso máximo : véase en la siguiente explicación
La tasa de interés depende del peso de la red, máximo 5%;
Tiempo entre bloques: 1.5 minutes;
Hash del bloque: SHA256;
Madurez: 120 MONEDEROS MAGI WEB:  MagiPay pasarela de pago independiente de Magi
_______________________________________________________________________________ _______________________________________________ MAGI MINING Magi está diseñada para ser eficiente en su conjunto con la energía requerida, a través de una variedad de mecanismos de ajuste dinámicos, así como su enfoque en la minería CPU. El concepto en general es reducir el consumo de energía durante la fase POW. Mientras tanto el uso de híbridos POW / PoS asegura la red. Magi mina con su ordenador Nuevo en el mundo del "Crypto"? Pools |
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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][2nd Proof of Mining Campaign] Coin Magi |PoS-II| PoM|MQW third Pool
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on: July 08, 2015, 08:10:36 PM
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What is PoM?PoM - Proof of Mining; in simple, the magi team rewards commensurate coins to every participant in this campaign, in accordance with your CPU hashrate invested into mining XMG. PoM is also a built-in feature of XMG, thanks to the block reward design (see this link for more information). A detail explanation is shown below: 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.pdfPoM - 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. The XMG's block reward design has to bring the network hashrate into an equilibrium which would never go a very high or low number. Though the equilibrium state is strongly affected by the coin price, it is anticipated that the total hashrate could stay an appropriate level. This is a good feature to avoid huge waste of electricity consumed in the Bitcoin or other Altcoin's network. However, the weakness lies in the fact that one can gain reasonably high hashrate to dominate over the rest of the network. Although this is undesirable feature, we have taken a strategy, i.e., the PoM campaign, to avoid big-hash miners. In general, people mine for profits, that means miners leave when they are unsatisfied with mining rewards. The PoM campaign encourages the persistence of generic miners by giving away a certain amount of coins to each participant. So one will receive mining reward plus PoM campaign reward. Even mining gets zero reward, one will receive the benefit from this campaign. To the XMG network, we will have a fixed number of people mining around to compete the big-hash miners. In normal situation, people would quit after mining something without a reasonable ROI. This is primarily the reason of this campaign, and it is anticipated that the generic miners will maximize their shares. What does "2nd PoM" mean?The initial PoM (1st) is launched here: https://bitcointalk.org/index.php?topic=802681.0. DurationAbout two months. Participation & Rules# https://xmg.cloud2b.de/index.php?page=contactform&action= Fill in this contactform and give username you use in the pool. # You must mine with your CPU and total hashrate not exceeding 250 kh/s. Pool rulehttps://xmg.cloud2b.de is our second official pool (created and managed by Lahlor) designed for PoM; mining hashrate higher than 250 kh/s is not allowed. Warning will be giving to people who put miners exceeding 250 kh/s, followed by account locking and worker removal if hashrate is not depressing upon warning. RewardWe have a certain amount of pre-set funds available at this time, and intend to get more funds. The funds will be distributed into all of the participants. The following will affect the amount of coins one will receive. # The number of participants; # The reward will be proportional to 1) hashrate (up to 250 kh/s) 2) mining duration (we will make sure the method of how-to-calculate soon) PoM Funds
Funds raised up by donations (to be listed); total funds: 23,088.0 XMG
All further donations will be added up to the funds:
99TPno3sPeUfDh9tq4To7xkLAYNQV1Qri1
No deadline for participation
Earlier participants receive higher reward
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Alternate cryptocurrencies / Announcements (Altcoins) / MAGI XMG Proof of Interest 2015 II starts on 01-08-2015! Register is open!!
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on: June 21, 2015, 10:31:27 PM
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Magi XMG Proof of Interest II 2015 Launch 01-08-2015 Coin of the Magi the next generation digital currency! twitter @103tango Banks do give interest but not very much! Magi does this better!
The Coin of the Magi is the digital currency of the future, fair unique and for all people living everywhere!
Rules for the Magi Proof of Interest II 2015!The base is very simple.
Time period: The Proof of Interest will last two months.
When can I register to participate? Registration will be open: 01-07-2015
How do I sign up? Tell me that you want to join the PoI here: http://bitcoingarden.tk/forum/index.php?topic=3990.msg93574#msg93574 Registration is done by posting your XMG address replying here on Bitcoingarden or PM me here or in bitcoingarden.tk, cryptotalk.us, cryptos.us, cryptocointalk.com & altcoinsfoundation.com
What information should I include? Write your participating wallet XMG address in a reply here: http://bitcoingarden.tk/forum/index.php?topic=3990.msg93574#msg93574 (only one address allowed to join, all addresses will be made public at the end of registration in interest of fairness of the campaign.)
(only one address a person allowed to join)
The team will check the address's initial balance, and that balance will start participating in the PoI. (After confirmation participant)
When will I receive my interest? Interest will be paid on 01-10-2015
What happens if I have more XMG in my wallet on 01-10-2015? You will receive interest on the amount present in your wallet on that date. (Advantage participant)
What happens if I have less XMG in my wallet on 01-10-2015?
You will not receive any interest from campaign, if your initial balance has decreased more than 15% at the campaigns end! (Drawback participant)
What happens if I XMG have used to pay for goods? This has no negative effect on your interest. (Receipt required)
How will be interest distributed? The interest will be distributed by means of a specific calculation. This can be influenced by the number of participants, level of the fund and total number of coins that participate.Team will check addresses random and record the coins in that address. Based on that the interest calculation will be done!
Who will pay the interest for this Proof of Interest campaign? I received the donation of 25,000 XMG.
(For the second time! Love this guy)
On his request, the donor will remain anonymous! Payouts will be done by me.
Interest will be paid to the designated address wallet.
Changes of participating address during the Proof of Interest is possible only once per user in the two months period (changing is not advisable, though).
Exchanges or wallet address on an exchange are excluded from participation.
NOTE: The team reserves it's right to send a warning to a drawback member, that his balance is decrease more than 15% on their regular random balance checks.
If you have questions don't hesitate just ask me.
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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][2nd Proof of Mining Campaign] Coin Magi |PoS-II| PoM|MQW 2nd Pool
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on: June 21, 2015, 08:29:41 AM
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What is PoM?PoM - Proof of Mining; in simple, the magi team rewards commensurate coins to every participant in this campaign, in accordance with your CPU hashrate invested into mining XMG. PoM is also a built-in feature of XMG, thanks to the block reward design (see this link for more information). A detail explanation is shown below: 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.pdfPoM - 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. The XMG's block reward design has to bring the network hashrate into an equilibrium which would never go a very high or low number. Though the equilibrium state is strongly affected by the coin price, it is anticipated that the total hashrate could stay an appropriate level. This is a good feature to avoid huge waste of electricity consumed in the Bitcoin or other Altcoin's network. However, the weakness lies in the fact that one can gain reasonably high hashrate to dominate over the rest of the network. Although this is undesirable feature, we have taken a strategy, i.e., the PoM campaign, to avoid big-hash miners. In general, people mine for profits, that means miners leave when they are unsatisfied with mining rewards. The PoM campaign encourages the persistence of generic miners by giving away a certain amount of coins to each participant. So one will receive mining reward plus PoM campaign reward. Even mining gets zero reward, one will receive the benefit from this campaign. To the XMG network, we will have a fixed number of people mining around to compete the big-hash miners. In normal situation, people would quit after mining something without a reasonable ROI. This is primarily the reason of this campaign, and it is anticipated that the generic miners will maximize their shares. What does "2nd PoM" mean?The initial PoM (1st) is launched here: https://bitcointalk.org/index.php?topic=802681.0. DurationAbout two months. Participation & Rules# http://minerclaim.net/index.php?page=contactform&action= Fill in this contactform and give username you use in the pool. # You must mine with your CPU and total hashrate not exceeding 250 kh/s. Pool rulehttp://minerclaim.net/index.php is our second official pool (created and managed by Lahlor) designed for PoM; mining hashrate higher than 250 kh/s is not allowed. Warning will be giving to people who put miners exceeding 250 kh/s, followed by account locking and worker removal if hashrate is not depressing upon warning. RewardWe have a certain amount of pre-set funds available at this time, and intend to get more funds. The funds will be distributed into all of the participants. The following will affect the amount of coins one will receive. # The number of participants; # The reward will be proportional to 1) hashrate (up to 250 kh/s) 2) mining duration (we will make sure the method of how-to-calculate soon) PoM Funds
Funds raised up by donations (to be listed); total funds: 23,088.0 XMG
All further donations will be added up to the funds:
99TPno3sPeUfDh9tq4To7xkLAYNQV1Qri1
No deadline for participation
Earlier participants receive higher reward
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Alternate cryptocurrencies / Altcoin Discussion / MAGI XMG Proof of Interest 2015 launch on 01-04-2015!
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on: March 29, 2015, 07:17:32 PM
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Magi XMG Proof of Interest 2015 Launch 01-04-2015 Earth is something Magical. Coin of the #Magi will show the magic of digital currency! (quote twitter @103tango) Banks give interest. Today, not much! Magi does this better!
The Coin of the Magi is the digital currency of the future, fair unique and for all people living everywhere!
Rules for first Magi Proof of Interest 2015!The base is very simple.
Time period: The Proof of Interest will last two months.
When can I register to participate? Registration is now open!
How do I sign up? Tell me that you want to join the PoI here: http://bitcoingarden.tk/forum/index.php?topic=3265.0
What information should I include? Give your wallet XMG address in a post here: http://bitcoingarden.tk/forum/index.php?topic=3265.0 (only one address allowed to join)
I want to join the Proof of Interest but don't want to share my walletaddress? Just PM me the information.
I will check the balance, and that balance will start participating in the PoI. (After confirmation participant)
When will I receive my interest? Interest will be paid on 01-06-2015
What happens if I have more XMG in my wallet on 01-06-2015? You will receive interest on the amount present in your wallet on that date. (Advantage participant)
What happens if I have less XMG in my wallet on 01-06-2015?
you will not receive any interest if you have more than 20% less coins in your wallet! (Drawback participant)
What happens if I XMG have used to pay for goods? This has no negative effect on your interest. (Receipt required)
How will be interest distributed? The interest will be distributed by means of a specific calculation. This can be influenced by the number of participants, level of the fund and total number of coins that participate.Team will check addresses random and record the coins in that address. Based on that the interest calculation will be done!
Who will pay the interest for this Proof of Interest campaign? I received the first donation of 25,000 XMG. On his request, the donor will remain anonymous!
Interest will be paid to the designated address wallet.
Changes during the Proof of Interest are not possible.
Exchanges or wallet address on an exchange are excluded from participation.
If you have questions don't hesitate just ask me.
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Alternate cryptocurrencies / Marketplace (Altcoins) / Magi (XMG) video contest started!
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on: February 13, 2015, 10:24:28 PM
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Great cryptocommunity, think its time for Magi (XMG) to have a new nice and modern video. Magi is the coin of the future and a modern video would fit very good. So i would like to start a video contest. The task is simple: Create a modern video of the Magi (XMG). Use your imagination. It can be a handy video include how a starter can easily mine XMG or a promotional video. Minimum time duration of the video is 90 seconds. If we have enough participants we put an end-date for posting the video link here in the thread. Then I create a new topic with all the video links Everyone can vote for which video is best for the Coin of the Magi. Prize money at this moment: 1st 2000 XMG 2nd 1500 XMG 3rd 750 XMG Any questions just ask!  |
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Alternate cryptocurrencies / Service Announcements (Altcoins) / Magi (XMG) Unique coin of the future keeps growing
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on: February 13, 2015, 03:01:34 PM
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Magi (XMG) marketingteam is looking for people who speak the following languages: Portuguese, Chinese = done, Japanese, Indonesian = done, Spanish, Romanian, French, Korean.
Magi (XMG) marketingteam is also looking for a suitable poker site that accepts Cryptos.
Marketingteam also welcomes any information from the community about possible extensions and wishes for XMG!
if you can help it send me pm.
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Alternate cryptocurrencies / Marketplace (Altcoins) / Magi (XMG) New Year lottery has launched in the IRC! Take a shot
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on: December 22, 2014, 11:20:15 PM
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The unique Magi (XMG) has launched the New Years lottery in the IRC. Buy 1 ticket for 1 XMG and win the grand prize! Jackpot is 1000 XMG (or more) -------------------------------------------------------------------------------------------------------------------------------------------- EDIT: BTW made a little mistake: Grand price will be min. 1000XMG and max. 10.000XMG! The more tickets were sold the higher the Jackpot! ------------------------------------------------------------------------------------------------------------------------------------------- END ON 12/31/12 at 06:00pm EST Check the Magi IRC here: https://kiwiirc.com/client/irc.freenode.net/#magiFirst register your nick. Ask for address !address Deposit some XMG and buy your ticket. Command for lottery: !tip rafflebot 1 You can buy more than one ticket but only one at the time! Good Luck and enjoy!! # Minerd ( source code)  A simplified miner enclosed a few compilations: download link Spexx's guide and miner dowloads MarcusDe's guide and miner dowloads ( generic miner) VPS mining, cygwin compilation (windows) Compile and run CPU miner on Mac OS How to run a minerd[MagiIntro Video] - What is Coin of the Magi?  12/03: Preview of MagiPay - standalone payment gateway for Magi; https://bitcointalk.org/index.php?topic=735170.msg9731024#msg973102411/12: Magi Multipool; https://bitcointalk.org/index.php?topic=735170.msg9526629#msg952662911/11: MagiTeam & roadmap & plans; https://bitcointalk.org/index.php?topic=735170.msg9511891#msg951189111/10: Bittrex market is live; https://bittrex.com/Market/?MarketName=BTC-XMG11/09: Magi-stratum for setting up pools; https://bitcointalk.org/index.php?topic=735170.msg9493680#msg949368011/08: Poloniex trading and escrow service; 720,000 XMG burned ( 93m4hAxmCcGXMfnjVPfNhWSjb69sDziGSY); https://bitcointalk.org/index.php?topic=735170.msg9475622#msg947562211/06: Coins Source Trust Index (7/7); https://bitcointalk.org/index.php?topic=735170.msg9460819#msg946081910/30: MagiTor and some other updates; https://bitcointalk.org/index.php?topic=735170.msg9378469#msg9378469; Downloads: http://coinmagi.org/files/magi-release/magitor10/24: Mandatory wallet update [Hardfork] M7M-v2, block rewards, difficulty adjustment - Magi quantum wave (MQW) and PoW-II phase updates; https://bitcointalk.org/index.php?topic=735170.msg9310611#msg931061110/17: Enhancing CPU mining: M7M hardfork in testnet 10/17/2014 8:00 PM EST; https://bitcointalk.org/index.php?topic=735170.msg9230961#msg923096110/07: Coin swap final: total 227,140 XMG will be used for swap, that is only 0.9% of total supply; swap ratio: 16 old Magicoin => 1 XMG; coins swapped no more than 10% of total XMG in circulation, escrow will be used to hold unswapped coins: https://bitcointalk.org/index.php?topic=821170.msg9190490#msg9190490; unswapped coins (except some bounties we paid, like translation, video, etc) will be destroyed. I believe this is very much a guarantee for the miners/investors. 10/07: PoS-II: https://bitcointalk.org/index.php?topic=735170.msg9121445#msg9121445 Coming updates & regarding coin swap; https://bitcointalk.org/index.php?topic=735170.msg9111697#msg911169710/02: Anyone can lead a MagiCampaign; https://bitcointalk.org/index.php?topic=735170.msg9060955#msg906095509/29: Proof of mining campaign; https://bitcointalk.org/index.php?topic=735170.msg9019696#msg9019696 https://bitcointalk.org/index.php?topic=802681.009/28: Releasing MagiPublication (http://arxiv.org/abs/1409.7948), new block rewards explained, statement of future plans; https://bitcointalk.org/index.php?topic=735170.msg9008850#msg9008850 [Available online] https://bitcointalk.org/index.php?topic=735170.msg9023457#msg902345709/26: About the new block reward and more; https://bitcointalk.org/index.php?topic=735170.msg8976083#msg897608309/25: Proposal of algo revision, half-closed source code, pool limiting hash; https://bitcointalk.org/index.php?topic=735170.msg8968087#msg896808709/24: Initiate coin swap; https://bitcointalk.org/index.php?topic=735170.msg8950501#msg895050109/23: Build a solid cpumining network; pls setup FREE VPS; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg880010309/21: How does the new block rewarding system look like: fist look; misc ( IRC): https://bitcointalk.org/index.php?topic=735170.msg8919460#msg891946009/20: Need five pools to support Proof of Mining Campaign; https://bitcointalk.org/index.php?topic=735170.msg8906452#msg890645209/20: Mandatory wallet update v1.0.0.2; https://bitcointalk.org/index.php?topic=735170.msg8898198#msg889819809/19: MagiPlans and more info; https://bitcointalk.org/index.php?topic=735170.msg8892210#msg889221009/19: An potential adjustment of block rewards - diff; https://bitcointalk.org/index.php?topic=735170.msg8884670#msg888467009/18: Urgent, please repond; https://bitcointalk.org/index.php?topic=735170.msg8878920#msg887892009/16: XMG needed for bounties (translation); https://bitcointalk.org/index.php?topic=735170.msg8851642#msg885164209/16: A short summary and an issue to be resolved; https://bitcointalk.org/index.php?topic=735170.msg8845155#msg884515509/13: Mining test before launch; https://bitcointalk.org/index.php?topic=735170.msg8824996#msg882499609/13: A guide for VPS mining; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg880010309/10: OP & coin distribution review; https://bitcointalk.org/index.php?topic=735170.msg8755719#msg875571909/07: About CPU PoW algorithm; https://bitcointalk.org/index.php?topic=735170.msg8716805#msg871680509/04: Miners, possible M7-N algo; https://bitcointalk.org/index.php?topic=735170.msg8680640#msg868064008/30: 2nd testnet; https://bitcointalk.org/index.php?topic=735170.msg8593208#msg859320808/25: cpu&gpu miners ported; cudaminer needs test though: https://bitcointalk.org/index.php?topic=735170.msg8533387#msg8533387https://github.com/magi-project08/23: CPU miner is ready for 2nd test: https://bitcointalk.org/index.php?topic=735170.msg8499202#msg849920208/21: we got an issue, will fix and run the testnet again: https://bitcointalk.org/index.php?topic=735170.msg8463488#msg846348808/20 (PoS-II): https://bitcointalk.org/index.php?topic=735170.msg8453963#msg845396308/18: 1st testnet; https://bitcointalk.org/index.php?topic=735170.msg8427923#msg8427923
12/13: Crypto Mining Blog: http://cryptomining-blog.com/4017-coin-magi-xmg-cpu-only-alternative-crypto-currency/12/01: Coinkita.com (a bitcoin educational community startup) (Indonesian ): http://coinkita.com/xmg-magi/11/23: BTC-Germany: http://blog.btcgermany.eu/altcoin-der-woche-magicoin-xmg/11/15: The Bitcoin News: http://thebitcoinnews.com/2014/11/15/coin-magi-cpu-miners-dream-proof-of-mining-pos-ii/11/14: Coins Source: http://www.coinssource.com/coin-magi-a-cpu-miners-dream-proof-of-mining-pos-ii/10/31: Mundo Crypto: La moneda de distribución justa (Spanish); http://www.mundocrypto.com.ve/uncategorized/magi-xmg-la-moneda-de-distribucion-justa/10/29: The Einsteinium News: https://sites.google.com/site/einsteiniumbiz/home/page-210/28: The Bitcoin News: http://thebitcoinnews.com/2014/10/28/coin-magi/10/28: Cryptos.Us: http://cryptos.us/crypto-news/item/58-coin-magi-a-unique-cpu-coin10/21: Satoshis.Guru: http://www.satoshis.guru/home/coin-info/magicoin/10/19: The Cryptocoin Chronicle: http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/
Payment gateway
  How does it work?1. A merchant creates an account at m-epays.com; after successful registration one can create a payment box; 2. m-epays.com issues MagiPay account details; 3. Integrate MagiPay to merchant's website; 4. Customer clicks the 'Pay with magi' button, MagiPay connects to m-epays.com server and requests for a specific payment box; 5. m-epays.com issues a MagiPay address and the total amount to be paid; 6. Customer sends coins to the MagiPay address; 7. Once the payment is received and confirmed, the server informs the successful payment; 8. After 1 hour upon the payment is received, the server automatically transfer the amount of magi to merchant's registered external wallet address. What's special?1. Fully configurable compared to the third party service provider, since we ourselves will develop and manage the system; 2. Using the payment service provided by MagiPay will be free, in comparison with cases which charge minimum 0.5%. Additional feature to make use of the free service is the inclusion of fiat/BTC-XMG conversion, which practically reduces charge accumulated during the process, where payment is done typically by, for example, the credit card. 3. Delivery: - Phase #1: Basic functionality, e.g., buying goods online via using XMG (end of December or so)
- Phase #2: Embedded with advanced features (survey, see blow)
- Phase #3: The inclusion of the fiat/BTC-XMG exchange.
Survey of advanced features: https://docs.google.com/forms/d/1cq1E-8hvOcaOaAFPES9X9IIf1gV9ZP-ibgWbVUsBOfY/viewform?usp=send_formPoW phase I: block 1 - 50,000; block rewards between 5 and 300 XMG
PoW phase II: block > 50,000; block rewards between 3 and 50 XMG
PoS-II: initiated at block 10080 (see following details)
addnode=104.128.225.215
addnode=216.189.144.213
addnode=162.245.217.165
addnode=104.131.57.65
addnode=104.131.42.100
posii=0 ( Disable PoS-II) Games Faucet Donation:
XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
BTC: 188AmugttD1jfy2xYNy6muTzVzYha1JEuq
LTC: Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC |
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Alternate cryptocurrencies / Announcements (Altcoins) / Magi (XMG) can use your help with expanding and growing more!
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on: December 13, 2014, 09:55:18 AM
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This is a update how Magi (XMG) is doing after almost 3 months! XMG is growing and building everyday more and more. Yesterday Magi (XMG) is added on www.litepaid.com and has achieved the perfect combination. Buy XMG on litebit and use on litepaid. (for companies and other services) Magi is only launched three months ago. As you can see below, there is much achieved within this short period. But this is just the beginning, Magi must continue to grow and will continue to develop. If you can help Magi (XMG) grow/expand more pls sent me pm! (or can help updating the XMG threads in other languages) Original thread: https://bitcointalk.org/index.php?topic=735170.0 Magi (XMG) the unique next generation coin. Three months after launch!
Magi (XMG) scored seven stars in the coin trust verification. That is the maximum score they give!
In these days, it is important to have a verification.
7 stars, you do not get very easy! For more information check www.coinssource.com Part 3 Magi XMG MASTERPLAN Test phase. Target successfully achieved XMG thread translations. Dutch https://bitcointalk.org/index.php?topic=740276.0Indonesian https://bitcointalk.org/index.php?topic=760497.0Chinese https://bitcointalk.org/index.php?topic=763187.0 https://bitcointalk.org/index.php?topic=786053.0Portuguese https://bitcointalk.org/index.php?topic=763774Spanish https://bitcointalk.org/index.php?topic=767083.0Hebrew https://bitcointalk.org/index.php?topic=768497.0Turkish https://bitcointalk.org/index.php?topic=771373.0Italian https://bitcointalk.org/index.php?topic=771928.0French https://bitcointalk.org/index.php?topic=771859.0Indian https://bitcointalk.org/index.php?topic=772324Russian https://bitcointalk.org/index.php?topic=774235German https://bitcointalk.org/index.php?topic=776461.0Greek https://bitcointalk.org/index.php?topic=781652.0Romanian https://bitcointalk.org/index.php?topic=779717.0 Magi XMG exchanges. https://bittrex.com/Market/?MarketName=BTC-XMGhttps://www.poloniex.com/exchange/btc_xmghttps://cryptoine.com/trade/xmg_btchttps://c-cex.com/?p=xmg-btchttps://c-cex.com/?p=xmg-usdhttps://www.swisscex.com/market/XMG_BTChttps://bleutrade.com/exchange/XMG/BTChttps://betasharex.com/trade/XMG/BTCHong Kong exchange will add Magi (XMG) soon!
https://www.bitspark.io/ Magi XMG voting https://crypto-trade.com/voting https://www.cryptsy.com/coinvotes/https://www.bter.com/votinghttps://askcoin.net/votes Magi XMG give-aways. http://bitcoingarden.tk/forum/index.php?topic=1491.0 (finished)https://www.reddit.com/r/coinmagi/comments/2m75wf/giveaway_for_supporting_suchpool/ (finished)http://list.coinmagi.org/ (running) Magi XMG website. www.cryptomagic.com Magi XMG forum. http://www.m-talk.org/Magi XMG reddit. https://www.reddit.com/r/coinmagiMagi XMG twitter. https://twitter.com/CoinMagiMagi XMG facebook. https://www.facebook.com/CoinMagiMagi XMG Skype.coin.magi Magi XMG QQ groupQQ group: 337678945 Magi XMG email.support@coinmagi.org Magi XMG IRC.https://kiwiirc.com/client/irc.freenode.net/#magi Magi XMG game. http://xmg.maxbet.club/http://lotto.ddns.net/magilottoMagi XMG donations. http://goo.gl/forms/WhcB7aHsFT Magi XMG Coinmarketapp. http://www.coinmarketapp.com/ Magi XMG international. http://8btc.com/thread-10795-1-1.htmlMagi XMG Proof of mining campaign (unique). Finished.https://bitcointalk.org/index.php?topic=802681.0XMG Proof of biking campaign (unique). https://bitcointalk.org/index.php?topic=820255.0XMG Service and market https://sites.google.com/site/blueprintenhancementservice/https://pexpeppers.com/http://www.armisgame.com/http://hausfay.com/http://bitscoinshop.com.br/en/https://bitcointalk.org/index.php?topic=735170.msg9486366#msg9486366http://cointopay.com/Buy Magi XMG using fiat currency https://www.litebit.eu/coin/xmg/nl/https://www.litebit.eu/de/https://www.litebit.eu/en/Buy Magi XMG using fiat currency guide in Dutchhttp://t.co/wpYzJzOuFw Magi XMG android wallet app. in development
Magi XMG downloads.(Wallet) http://coinmagi.org/files/magi-release/ Magi XMG pools http://magi.nonce-pool.com/https://xmg.suprnova.cc/http://suchpool.pw/xmg/index.phphttp://xmg.hashhot.com/https://pow.magipool.info/https://www.becausepool.com/index.php?coin=xmghttps://multi.magipool.info/ Magi XMG rent or lease miningrigshttps://www.miningrigrentals.com/rigs/m7m Magi XMG pool infohttp://poolinfo.coinmagi.org/ Magi XMG paper wallet. http://paperwallet.coinmagi.org/Magi XMG smart payment services
http://cointopay.comMagi XMG standalone payment gateway in development preview http://www.m-epays.com/
https://bitcointalk.org/index.php?topic=886892.0
Survey for MagiPay gateway
https://bitcointalk.org/index.php?topic=735170.msg9779546#msg9779546
Magi XMG other websites
http://8btc.com/thread-7626-1-1.html
http://www.coinssource.com/trust-index/magi-xmg/
http://www.worldcoinindex.com/
http://www.coinmarketcap.com/
http://www.satoshis.guru/?page_id=358
https://www.cryptonator.com/rates/XMG-BTC
http://bitcoingarden.tk/forum/index.php?topic=1415.0
https://bitcointalk.org/index.php?topic=848731.0
https://bitcointalk.org/index.php?topic=846100.0
http://en.wikipedia.org/wiki/ArXiv
https://www.magipool.info/
https://multi.magipool.info/
Magi XMG faucet
http://www.multifaucet.tk/index.php?blockexplorer=XMG
Magi XMG media
http://cryptomining-blog.com/4017-coin-magi-xmg-cpu-only-alternative-crypto-currency/
http://thebitcoinnews.com/2014/11/15/coin-magi-cpu-miners-dream-proof-of-mining-pos-ii/
http://coinkita.com/xmg-magi/
http://www.coinssource.com/coin-magi-a-cpu-miners-dream-proof-of-mining-pos-ii/
http://blog.btcgermany.eu/altcoin-der-woche-magicoin-xmg/
http://arxiv.org/abs/1409.7948
http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/
http://www.satoshis.guru/home/coin-news/magicoin/
http://cryptos.us/crypto-news/item/58-coin-magi-a-unique-cpu-coin
http://thebitcoinnews.com/2014/10/28/coin-magi/
https://sites.google.com/site/einsteiniumbiz/home/page-2
http://www.mundocrypto.com.ve/uncategorized/magi-xmg-la-moneda-de-distribucion-justa/
Magi XMG whitepaper
http://cryptomagic.com/files/publications/A%20network-dependent%20rewarding%20system%20-%20proof-of-mining.pdf
Magi XMG videos
http://v.youku.com/v_show/id_XODAzMDU3NjEy.html
https://www.youtube.com/watch?v=0SlbEB_ZcTg (Spanish subtitle)
https://www.youtube.com/watch?v=7EkAbPacS7c
https://www.youtube.com/watch?v=W71FVD6YWM8
https://www.youtube.com/watch?v=jpvpO0OE7Dw
https://www.youtube.com/watch?v=UaJKTWugF8s
Magi XMG POS II (unique)
Magi XMG Tor wallet
https://bitcointalk.org/index.php?topic=735170.msg9378469#msg9378469
Magi CPU mining guide
http://poolinfo.coinmagi.org/
https://www.magipool.info/
https://bitcointalk.org/index.php?topic=735170.msg9529437#msg9529437
https://bitcointalk.org/index.php?topic=859820.0
Magi XMG Blockexplorer
https://chainz.cryptoid.info/xmg/
https://bchain.info/XMG/
http://m-chain.info/
http://www.multifaucet.tk/index.php?blockexplorer=XMG
http://blockexperts.com/xmg
Magi XMG airdrop
https://bitcointalk.org/index.php?topic=822547.0
Magi XMG banner
http://prntscr.com/5cgzks
Magi XMG logo
https://i.imgur.com/ci3VGp9.png
http://imgur.com/Nn7TGGq
Magi XMG Vision Statement and goal:
Magi XMG has to become a professional decentralized payment network used by millions of people across the world. XMG is a fair coin without premine. XMG will be used as currency in order to pay for goods and services on the internet or in shops, restaurants, hotels, etc.
XMG should be treated as your normal wallet, and sometimes even better than that!
Just like in real life, pay attention to your wallet. XMG makes it easier than ever to send your money worldwide, you always have control over your money.
Objective of Magi XMG:
Obtaining global acceptance.
Grow into the top of the altcoinwereld.
Expansion of cooperation with BTC.
Large number of usage possibilities.
Despite the tough competition always stay unique.
XMG will continuously go with the upcoming future changes
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Alternate cryptocurrencies / Altcoin Discussion / Think with us on the future of digital currency.
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on: November 20, 2014, 10:34:41 PM
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Think with us on the future of digital currency. Bitcoin has existed for a number of years. Bitcoin whether it is an experiment that was later received an additional stimulant by the banking crisis has seen tremendous growth. Many people got into the world of digital currency. Soon there arose several new altcoins. Some with innovations. Some copied and various scams. People learned from bad investments and lost money. Some people who had purchased a number of bitcoins in time earn a lot of money. The criminal world saw the advantage of bitcoin. The mining of Bitcoins is now only reserved for people with money. Because of these reasons, new people are reluctant to step into the digital currency. We need to do something about that! Two months ago, the Magi (XMG) successfully launched. This coin is the future of the digital currency. The new generation of coin. Magi (XMG) already achieved a lot in the past two months . More new developments will follow. Magi will not be a competitor of bitcoin. But Magi will help Bitcoin, attract new people into the world of digital currency. Magi is a fair coin and to mine for everyone. Mining Magi is how Satoshi meant mining to be for BTC in 2009. Magi is therefore a fair coin and had no IPO or premine. Magi aslo received the the maximum score of the trust verification. This distinguishes Magi itself already to a number of other coins. The community of Magi will offend no other coins. Magi is also unique and the only coin using M7M algo. For new people joining the world of digital currency those things gives confidence. I can indicate a lot of unique and original developments of Magi (XMG). But better take look for yourself. https://bitcointalk.org/index.php?topic=735170.0At this moment more and more people are discovering the unique Magi (XMG). The more people the more competitors are alert to the growth of XMG. Some accept and support XMG. Some go into battle to try to stop the growth. Looks like Magi (XMG) works with a growing circle and the stable base has already been laid. The outer ring is getting stronger every day. Magi (XMG) will extend from the outer ring to the inside. (on the growth model) It seems it looks like the same growth model that made BTC big! It means that Magi (XMG) will continue to grow step by step. Given Magi continues to grow in this way, it could mean that Magi will be a great long-term investment! The community of the Magi is very committed and loyal and the developer is a modest fair and very smart man. In this short period, he still gets more appreciation for his development of Magi and the unique campaigns such as the proof of mining campaign. If you agree with the fact that for the benefit of the future of digital currency the time for a change has come! If you want or can contribute with this send me a pm. Together we can achieve more! |
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A network-dependent rewarding system: proof-of-mining
