[ANN][$MUSIC] Musicoin Blockchain Upgrades to V3.0(“Quantitative Tightening 🎸

[orion1424]

Another pool: http://200.109.236.126:83/#/

[1714212049]

1714212049

[1714212049]

1714212049

[1714212049]

1714212049

[Cryptops]

Hello!

I am interested in buy musicoin. Miners interested in selling  contact me by private message please.

I accept offers.

Thanks very much.

[jenifive]

Hello!

I am interested in buy musicoin. Miners interested in selling  contact me by private message please.

I think in 10 sat for coin.

Thanks very much.

Lol more like 150 sat for coin and no less considering the current Network hashrate diffculty.

[kaene]

Hello!

I am interested in buy musicoin. Miners interested in selling  contact me by private message please.

I think in 10 sat for coin.

Thanks very much.

Lol more like 150 sat for coin and no less considering the current Network hashrate diffculty.

You probably haven't seen the specs, price will come down.

Block frequency: 15 seconds/block
Coins per block: 314 MC
Economy: Musiconomy (no halving )

1.808.640 new coins per day ... over 660M coins in a year, inflation is huge on this one (and no halving).

[yummyberries]

Hello!

I am interested in buy musicoin. Miners interested in selling  contact me by private message please.

I think in 10 sat for coin.

Thanks very much.

Lol more like 150 sat for coin and no less considering the current Network hashrate diffculty.

You probably haven't seen the specs, price will come down.

Block frequency: 15 seconds/block
Coins per block: 314 MC
Economy: Musiconomy (no halving )

1.808.640 new coins per day ... over 660M coins in a year, inflation is huge on this one (and no halving).

The math is very accurate. Nonetheless one key element apparently ignored, "Musiconomy".

Musicoin is designed for music consumption, so musician will be next big squad to join and share their works. Since the basic license is called PPP("Pay Per Play"), which is the micro unit of the economy, it can be huge once it scales up with consumers participation (remind me any cryptocurrency has stable consumer base yet? ). Given 100K musicians in the first year, over 1M released tracks, and 100M playbacks, the economy scale will reach 8 digits. Not to mention there are more features with web application, to enable crowd funding for musicians, tipping musicians, and a secret weapon in developing. Once again, it's economy based on delicate design to solve industry problem, not Yet-another-coin.



 

[Cryptops]

Ok, Once read the last messages, edit my post.

I think 50-60 sat is a correct price, but I accept offers.

Hello!

I am interested in buy musicoin. Miners interested in selling  contact me by private message please.

I accept offers.

Thanks very much.

[mozurt]

how much max supply this coin?

[Gandalf86]

how much max supply this coin?

There is no. There will be more and more coins, infinitely.

[redhero]

a mining coin, no cap, i don't want to buy in.

[Lopchi]

I'll just wait untill this is on an exchange. With no cap it will be very cheap.

[Chance567]

The ones worried about the lack of cap may not have given much thought to how this is going to work in a real world situation. The goal is to have a music library to rival the big-name companies like iTunes. That means a BIG user base. What sense would it make to put a cap of the amount of coins in supply if the number of users could quickly exceed the market cap? I wouldn't want anything to do with a music service that I had to wait until someone decided to sell some coins on in order to listen to my music. An infinite supply means quick buys and easy listening.

It's simple economics. If supply is exceeded by demand, the price will rise and it will become a barrier to entry. If the demand exceeds supply, the price will lower and the barrier to entry is removed. They've given the coins a modest valuation of $.01USD/MC. That's a very fair price for anyone to pay to stream a song, and I won't go into detail regarding how the artists are paid because it's clear the naysayers don't really care.

Riddle me this, though. Will you be able to pick it up cheap at an exchange when it hits one? Probably. But, what are your plans for it then? Are you going to hold your bags and hope that somehow what you've bought becomes worth more? By the very logic I'm seeing you guys use here, your investment would be worth less the longer you held onto it. Maybe it's time to stop and look at the merits of the project as a whole, rather than just looking at it as an exchange coin.

[xrp123]

I like musicoin, I'll buy some.

[u200811008]

  It seems good, I would keep my eyes on. Since the supply is no haling, its price maybe go down. 20 -40 sats is OK

[theghost1980]

World’s first smart cryptocurrency for music
....
Please stay tuned, more profound information to come soon.

Hello there guys. I need some guidelines here. Since yesterday I've been trying to mine this coin. I'm n00b mining eth, this is why I ask for some advice. This are my results, questions and explanations so far:

So far I have done the following:

My address, done by the gmc console: 0x9ecc37a0edd7f25e63abae74ecd39136caa1e50d
I have added the genesis node:
admin.addPeer("enode://ba2f6409f9894c12f5aad3471b9c4a2e7999b246af775c39f99d85b020cfc95d0b0dc6dd0985895bb2c4149cb45e4a3c17f7585be326cec293176bf81802a987@104.196.160.105:30303”)
I have started mining, as you can see some of the debug info:
I used the following command: miner.start(), but adding the maximum capacity of my Mac, which is: miner.start(


As you can see the info of the debug:
I0219 03:04:15.553010 eth/backend.go:454] Automatic pregeneration of ethash DAG ON (ethash dir: /Users/SatMan1980/.ethash)
I0219 03:04:15.553014 miner/miner.go:119] Starting mining operation (CPU=4 TOT=5)
I0219 03:04:15.553123 eth/backend.go:461] checking DAG (ethash dir: /Users/SatMan1980/.ethash)

After a while I did a check to be sure is using my last generated address:
personal.listAccounts
["0x9ecc37a0edd7f25e63abae74ecd39136caa1e50d”]

After that you can see:
I0219 03:50:47.662459 miner/worker.go:539] commit new work on block 57507 with 0 txs & 0 uncles. Took 240.141µs
I0219 03:50:48.977625 miner/worker.go:539] commit new work on block 57507 with 0 txs & 0 uncles. Took 362.201µs
I0219 03:50:49.117271 core/blockchain.go:1001] imported 1 block(s) (0 queued 0 ignored) including 0 txs in 200.922606ms. #57506 [314b41d6 / 314b41d6]
I0219 03:50:49.292123 miner/worker.go:539] commit new work on block 57507 with 0 txs & 1 uncles. Took 295.68µs

After one night “mining”:
I0219 10:22:33.212862 core/blockchain.go:1001] imported 1 block(s) (0 queued 0 ignored) including 0 txs in 5.865757ms. #59171 [e13b9812 / e13b9812]
I0219 10:22:33.215125 miner/worker.go:539] commit new work on block 59172 with 0 txs & 0 uncles. Took 205.324µs
> web3.fromWei(eth.getBalance(eth.coinbase), "ether")
0

I’ve been able to locate the wallet file, which in Mac is in: /home/user/Library/Musicoin/Keystore/

Also I’ve been able to open it, (just for checking the balance) on myetherwallet.com:

https://i.imgsafe.org/97abf7ddb8.png

So I have some questions. I will really, appreciate some help, because, as I said before, I’m a musician, so I believe there is a lot of potential on this coin so We could change the music Industry. So please lend a light here:

- What Am I doing wrong? Is anything I need to configure?
- Is it possible to do solo mining? (My Macbook is an i5, showing the following Hashrate 2629836)
- Is it a problem if i have currently installed Parity? (While trying to configure as a solo miner it gives me the following error: Fatal: Error starting protocol stack: listen tcp 127.0.0.1:8545: bind: address already in use)
- Do i need to add any token reference to my ethereum new address? (i still don't get the concept of a coin based on eth, with a "twist")
-How long it should take, saying that I'm doing it right, to mine a block? (1 day, 1 week, 1 year)




Thanks for the help.

[adaseb]

World’s first smart cryptocurrency for music
....
Please stay tuned, more profound information to come soon.

Hello there guys. I need some guidelines here. Since yesterday I've been trying to mine this coin. I'm n00b mining eth, this is why I ask for some advice. This are my results, questions and explanations so far:

So far I have done the following:

My address, done by the gmc console: 0x9ecc37a0edd7f25e63abae74ecd39136caa1e50d
I have added the genesis node:
admin.addPeer("enode://ba2f6409f9894c12f5aad3471b9c4a2e7999b246af775c39f99d85b020cfc95d0b0dc6dd0985895bb2c4149cb45e4a3c17f7585be326cec293176bf81802a987@104.196.160.105:30303”)
I have started mining, as you can see some of the debug info:
I used the following command: miner.start(), but adding the maximum capacity of my Mac, which is: miner.start(


As you can see the info of the debug:
I0219 03:04:15.553010 eth/backend.go:454] Automatic pregeneration of ethash DAG ON (ethash dir: /Users/SatMan1980/.ethash)
I0219 03:04:15.553014 miner/miner.go:119] Starting mining operation (CPU=4 TOT=5)
I0219 03:04:15.553123 eth/backend.go:461] checking DAG (ethash dir: /Users/SatMan1980/.ethash)

After a while I did a check to be sure is using my last generated address:
personal.listAccounts
["0x9ecc37a0edd7f25e63abae74ecd39136caa1e50d”]

After that you can see:
I0219 03:50:47.662459 miner/worker.go:539] commit new work on block 57507 with 0 txs & 0 uncles. Took 240.141µs
I0219 03:50:48.977625 miner/worker.go:539] commit new work on block 57507 with 0 txs & 0 uncles. Took 362.201µs
I0219 03:50:49.117271 core/blockchain.go:1001] imported 1 block(s) (0 queued 0 ignored) including 0 txs in 200.922606ms. #57506 [314b41d6 / 314b41d6]
I0219 03:50:49.292123 miner/worker.go:539] commit new work on block 57507 with 0 txs & 1 uncles. Took 295.68µs

After one night “mining”:
I0219 10:22:33.212862 core/blockchain.go:1001] imported 1 block(s) (0 queued 0 ignored) including 0 txs in 5.865757ms. #59171 [e13b9812 / e13b9812]
I0219 10:22:33.215125 miner/worker.go:539] commit new work on block 59172 with 0 txs & 0 uncles. Took 205.324µs
> web3.fromWei(eth.getBalance(eth.coinbase), "ether")
0

I’ve been able to locate the wallet file, which in Mac is in: /home/user/Library/Musicoin/Keystore/

Also I’ve been able to open it, (just for checking the balance) on myetherwallet.com:

https://i.imgsafe.org/97abf7ddb8.png

So I have some questions. I will really, appreciate some help, because, as I said before, I’m a musician, so I believe there is a lot of potential on this coin so We could change the music Industry. So please lend a light here:

- What Am I doing wrong? Is anything I need to configure?
- Is it possible to do solo mining? (My Macbook is an i5, showing the following Hashrate 2629836)
- Is it a problem if i have currently installed Parity? (While trying to configure as a solo miner it gives me the following error: Fatal: Error starting protocol stack: listen tcp 127.0.0.1:8545: bind: address already in use)
- Do i need to add any token reference to my ethereum new address? (i still don't get the concept of a coin based on eth, with a "twist")
-How long it should take, saying that I'm doing it right, to mine a block? (1 day, 1 week, 1 year)




Thanks for the help.

No you can't solo mine with your i5. You need a GPU. Actually you need multiple GPUs.

[yummyberries]

Do you mind join #support channel of slack.musicoin.org to get some helps from peers?

[theghost1980]

Do you mind join #support channel of slack.musicoin.org to get some helps from peers?

hi there yummy. Thanks for your quick answer. Yep I will be there as soon as I can.

[ICOcountdown.com]

If anyone is selling OTC let me know 

[elbowe]

windows walleT? 

[ICOcountdown.com]

windows walleT? 

There you go:

https://github.com/Musicoin/desktop

Enjoy