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

[adaseb]

This looks amazing, I hope it all keeps going up and up! We need to make a revolution in music industry and with this site it is possible!

Thanks guys!

Let's open a debate, what do you guys think about a reduction in the block reward in order to drive inflation down?

Do you think current block reward should be adjusted? Do you think the space tends to care about inflation/deflationary coins?

We'll love to hear what you think!

How much is the block reward right now, 314 MC?
Block reward reduction is not something new in crypto, many coins have that implemented (Bitcoin for example  )
So it seems legit for Musicoin too.

It's obvious that you are not a miner and do not compare apples and bananas Bitcoin is Bitcoin and Musicoin is Musicoin !

It's an open debate, don't be disrespectful and propose your solution.
I'm mining Musicoin btw.

Exactly; we would love to know from our community what do you currently think of our block reward; open for discussion/debate!

The only thing you guys can do right now is either leave the block reward the way it is or just reduce it a little; kind of like what ETH did.

I don't know if you guys have the programming knowledge to move into Casper POS since its not even live on ETH yet.

Doing so would be very bad if problems arose in the future. Hence you should just wait until ETH implements POS and then move to Casper.

For now either leave the reward the way it is or just reduce it by a small amount.

[1713928795]

1713928795

[yummyberries]

This looks amazing, I hope it all keeps going up and up! We need to make a revolution in music industry and with this site it is possible!

Thanks guys!

Let's open a debate, what do you guys think about a reduction in the block reward in order to drive inflation down?

Do you think current block reward should be adjusted? Do you think the space tends to care about inflation/deflationary coins?

We'll love to hear what you think!

How much is the block reward right now, 314 MC?
Block reward reduction is not something new in crypto, many coins have that implemented (Bitcoin for example  )
So it seems legit for Musicoin too.

It's obvious that you are not a miner and do not compare apples and bananas Bitcoin is Bitcoin and Musicoin is Musicoin !

It's an open debate, don't be disrespectful and propose your solution.
I'm mining Musicoin btw.

Exactly; we would love to know from our community what do you currently think of our block reward; open for discussion/debate!

The only thing you guys can do right now is either leave the block reward the way it is or just reduce it a little; kind of like what ETH did.

I don't know if you guys have the programming knowledge to move into Casper POS since its not even live on ETH yet.

Doing so would be very bad if problems arose in the future. Hence you should just wait until ETH implements POS and then move to Casper.

For now either leave the reward the way it is or just reduce it by a small amount.

Thanks for your feedback! We really to take into account what you said about ETH and Casper

[Formac]

hellow
very  strange situation with my musicoin wallet
i am use consol wallet on Ubuntu

today i unlock my account for make some transaction and after insert password recieve next in console:
money lost! what is this? how to return and safe money?

Submitted transaction                    fullhash=0x2bfbf9c38c5e22adb7f33a80f225d6575437736ea9dc810dc227fbde12046df0
recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:18]
Submitted transaction                    fullhash=0x0637e9db1dade3941f5d75ca9f10b5618e1629a2590ba57f8d297af0d01bd7d4
recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:18]
Submitted transaction                    fullhash=0x9266fb140cde28b63f82e3f92fd56b8441618b45e18e330fadf71611fd1c4310
recipient=0x6e4Cc3e76765bdc711cc7b5CbfC5bBFe473B192E
INFO [06-24|21:24:19] Submitted transaction                   
fullhash=0xb15cb27043ae5bdb448895d24dfc0ca7133d19f6e8cb83a1a374fc49dbc5d5ea
recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:19] Submitted transaction                    fullhash=0xa185dcc332687c7b986c65a478643a840e8aeac14fb941687e636d24080426a5 recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:20] Submitted transaction                    fullhash=0x8f678b3c87414967bc361bf735ecc94d47b63f20a31008a4d181df4634664177 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:20] Submitted transaction                    fullhash=0xac176d8af1914f69e4174203e31cb78ef4e678c241643084c5df04ef9c83ac0a recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:20] Submitted transaction                    fullhash=0xd2b1f1d33f5222746f1a9255db42960ef8e6359129140f20f6478e1589c61548 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:21] Submitted transaction                    fullhash=0xe91214bceffdf94d3c7e110f23493bc4d2d39372e5b720171063136f34a58bd9 recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:21] Submitted transaction                    fullhash=0x903226f6cb4d6a78d862ae5db53354eae1e12b26f68cbce1e107ca0ed56d919b recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:22] Submitted transaction                    fullhash=0xf33e7704d24be6c0bade7881845c3ffd8bcba8370942684347caa3871c27e03d recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:22] Submitted transaction                    fullhash=0x80a88242537adf5e9a4c1887d01a03f1f57388b8b596d2bec6ed5cc1f992afe4 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:22] Submitted transaction                    fullhash=0xb80eee9ff152c000286e7ba4d38af718ad1015aac7f79f9ecf8f4fc4d64e876a recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:22] Submitted transaction                    fullhash=0x595f5edd8231c4796071abe31836319929a42e0d6d9bb38062e01d8ab0662739 recipient=0x6e4Cc3e76765bdc711cc7b5CbfC5bBFe473B192E
INFO [06-24|21:24:23] Submitted transaction                    fullhash=0xb0dff5cd3c91ea84d0481bbf1024d6ee8315e805974720818c868861182820f0 recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:23] Submitted transaction                    fullhash=0x26dcbc419bd4296a472d4044e871523f043a554a060c9a2114ef5f294388f282 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:23] Submitted transaction                    fullhash=0x9e259dd7f1388a913c2d0932c47c0b291d9e6624a55cd325fdf427fa0be3dc39 recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:24] Imported new chain segment               blocks=1  txs=0   mgas=0.000 elapsed=4.365ms   mgasps=0.000   number=2799744 hash=c919b6…688802
INFO [06-24|21:24:24] Commit new mining work                   number=2799745 txs=42  uncles=0 elapsed=51.869ms
INFO [06-24|21:24:24] Submitted transaction                    fullhash=0x2fbc7d44753d1f9e183a35a2374023528086d0a3e15b41e1c444a3c8e10e5122 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:24] Submitted transaction                    fullhash=0x1f9e40fd6a42c1f84dc85b41795982518206d94e415f14a603fde32278affdd6 recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:25] Submitted transaction                    fullhash=0x60faa1790b6aaf1de69f780eb0f118ae4fc625cdf82499e82506b7059510b8cb recipient=0x6e4Cc3e76765bdc711cc7b5CbfC5bBFe473B192E
INFO [06-24|21:24:25] Submitted transaction                    fullhash=0x85c2237866625a37f362b370aeebb0cf601447360e960fd4c6ff57ff3c9098a5 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:25] Submitted transaction                    fullhash=0x961c7ca45c83fb0a3e83d3f6bb319f65bf4bcbb275318d0996b6c6a87471f2ea recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:25] Submitted transaction                    fullhash=0x9923ce22c55f72696080f2e8be04a804564a1632a0dff3df48bb641de1a30ebd recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:26] Submitted transaction                    fullhash=0xefb6228fb7a80ee4a408bff925988cc807df00e2ad86d1c312750ef133926c46 recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:27] Submitted transaction                    fullhash=0x8204731c67c19d9f09f4c96bc076a1fd9fa9f891b10c8038e8dcbda692371145 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:27] Submitted transaction                    fullhash=0x16aeffd7473d3f9f1670a827a52283069565f184e19dd093f5fd00c29159141f recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:27] Submitted transaction                    fullhash=0xe7fe25ea042816587df58ab8c0096219d83ba51755985487b66402184ca66018 recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:28] Submitted transaction                    fullhash=0x671564505a538405205e67106ba51653d50c5448e90f76c38cd6525f36156615 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:28] Submitted transaction                    fullhash=0x4c0b15580de8dc77d735d76402868943870ea15cd090b4cb12deef80cfd6ff76 recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:28] Submitted transaction                    fullhash=0x2100faad332e8c23c4f2f4f451188d43f66e12537c08b28db7efa34093f40d2e recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6
INFO [06-24|21:24:28] Submitted transaction                    fullhash=0xf1caff4167ea301650854d6691823dc433fa9ab2c05d159b55b1154637f56a21 recipient=0x6e4Cc3e76765bdc711cc7b5CbfC5bBFe473B192E
INFO [06-24|21:24:29] Submitted transaction                    fullhash=0x41be9e906d830e9cf3bb5d34db16367a82eb2a70607a0dd0f1f7dbee2026cdda recipient=0x7097f41F1C1847D52407C629d0E0ae0fDD24fd58
INFO [06-24|21:24:30] Submitted transaction                    fullhash=0x0e3e63de5cf2b3c053ee37511ed085ad35f826b55d4657dd8f1b0cc995b3cd82 recipient=0x8652328B96Ff12B20de5fDc67b67812E2b64e2A6

[orchardcoins]

try pasting your wallet here https://explorer.musicoin.org/ and see if your coins are really gone

[Formac]

0x914d50ba61479863df54e57f5b2ea4656463339a

all money automaticly send to 0x7097f41f1c1847d52407c629d0e0ae0fdd24fd58 when i insert password
I think Musicoin wallet not so safe

[orchardcoins]

0x914d50ba61479863df54e57f5b2ea4656463339a

all money automaticly send to 0x7097f41f1c1847d52407c629d0e0ae0fdd24fd58 when i insert password
I think Musicoin wallet not so safe

very weird man.. it shouldnt be doing that unless you have a malware in your pc

[yummyberries]

0x914d50ba61479863df54e57f5b2ea4656463339a

all money automaticly send to 0x7097f41f1c1847d52407c629d0e0ae0fdd24fd58 when i insert password
I think Musicoin wallet not so safe

Check for malware in your wallet, doesn't obviously sound right.

New artist of the week by the way, vote our next one!

[daj pare]

hellow
very  strange situation with my musicoin wallet
i am use consol wallet on Ubuntu

No idea, these are miners accounts.

I'm using musicoin desktop wallet https://github.com/Musicoin/desktop/releases/tag/1.0.1 and I never had any problems. You also have a Coinomi mobile wallet, it takes 2 min to be installed...

When someone from musicoin.org transfers money, it must be verified by e-mail. Could you please check your system for malware.

[yummyberries]

hellow
very  strange situation with my musicoin wallet
i am use consol wallet on Ubuntu

No idea, these are miners accounts.

I'm using musicoin desktop wallet https://github.com/Musicoin/desktop/releases/tag/1.0.1 and I never had any problems. You also have a Coinomi mobile wallet, it takes 2 min to be installed...

When someone from musicoin.org transfers money, it must be verified by e-mail. Could you please check your system for malware.

Thanks for helping! Indeed, if you have problems with the desktop wallet (You really shouldn't) you can also use the webwallet (Platform one) or Coinomi integrated app

[markiz73]

This looks amazing, I hope it all keeps going up and up! We need to make a revolution in music industry and with this site it is possible!

Thanks guys!

Let's open a debate, what do you guys think about a reduction in the block reward in order to drive inflation down?

Do you think current block reward should be adjusted? Do you think the space tends to care about inflation/deflationary coins?

We'll love to hear what you think!

I think it's time to determine the number of coins. An infinite number is not very correct. It is not recommended to reduce the reward for miners, it will greatly affect the network hashrate and its security.  And finally, tell us about POSh 

[markiz73]

A couple of questions for developers
Do you plan to change the algorithm due to the appearance of Antminer E3?
By default, the blockchain is form on the C drive. How do I make the blockchain form in the same folder as the wallet?

[tbandy]

This looks amazing, I hope it all keeps going up and up! We need to make a revolution in music industry and with this site it is possible!

Thanks guys!

Let's open a debate, what do you guys think about a reduction in the block reward in order to drive inflation down?

Do you think current block reward should be adjusted? Do you think the space tends to care about inflation/deflationary coins?

We'll love to hear what you think!

How much is the block reward right now, 314 MC?
Block reward reduction is not something new in crypto, many coins have that implemented (Bitcoin for example  )
So it seems legit for Musicoin too.

It's obvious that you are not a miner and do not compare apples and bananas Bitcoin is Bitcoin and Musicoin is Musicoin !

It's an open debate, don't be disrespectful and propose your solution.
I'm mining Musicoin btw.

I'm not being disrespectful in anyway, I'm just saying that if now with 250 block reward we're not doing much
When I said much I mean a decent reward, just an example 250 X Block @ Satosho 101 (Actual price)= $1.54 per block
Now imagine that you will receive 200 musicoins per block !
Again I have not used bad words and I have not disrespected anyone I was just expressing my opinion

[tbandy]

This looks amazing, I hope it all keeps going up and up! We need to make a revolution in music industry and with this site it is possible!

Thanks guys!

Let's open a debate, what do you guys think about a reduction in the block reward in order to drive inflation down?

Do you think current block reward should be adjusted? Do you think the space tends to care about inflation/deflationary coins?

We'll love to hear what you think!

I think it's time to determine the number of coins. An infinite number is not very correct. It is not recommended to reduce the reward for miners, it will greatly affect the network hashrate and its security.  And finally, tell us about POSh 

I agree with you 100%

[yummyberries]

A couple of questions for developers
Do you plan to change the algorithm due to the appearance of Antminer E3?
By default, the blockchain is form on the C drive. How do I make the blockchain form in the same folder as the wallet?

Antminers are always a threat, it really depends, we have some plans regarding this, would love to see how ETH casper does.

[yummyberries]

This looks amazing, I hope it all keeps going up and up! We need to make a revolution in music industry and with this site it is possible!

Thanks guys!

Let's open a debate, what do you guys think about a reduction in the block reward in order to drive inflation down?

Do you think current block reward should be adjusted? Do you think the space tends to care about inflation/deflationary coins?

We'll love to hear what you think!

I think it's time to determine the number of coins. An infinite number is not very correct. It is not recommended to reduce the reward for miners, it will greatly affect the network hashrate and its security.  And finally, tell us about POSh 

So instead of a reduction in block rewards you'll prefer a finite number of coins.

Gotcha, we have discussed in Telegram about this and we are happy to receive all your feedback guys! We are happy to have an open community and a debate!

As for now, no plans for block reductions so you miners can feel safe ; remember Ice Age should hit around 4M blocks.

[barbiecover]

This looks amazing, I hope it all keeps going up and up! We need to make a revolution in music industry and with this site it is possible!

Thanks guys!

Let's open a debate, what do you guys think about a reduction in the block reward in order to drive inflation down?

Do you think current block reward should be adjusted? Do you think the space tends to care about inflation/deflationary coins?

We'll love to hear what you think!

I think it's time to determine the number of coins. An infinite number is not very correct. It is not recommended to reduce the reward for miners, it will greatly affect the network hashrate and its security.  And finally, tell us about POSh 

So instead of a reduction in block rewards you'll prefer a finite number of coins.

Gotcha, we have discussed in Telegram about this and we are happy to receive all your feedback guys! We are happy to have an open community and a debate!

As for now, no plans for block reductions so you miners can feel safe ; remember Ice Age should hit around 4M blocks.

So, we have 7 month before PoSh

[MagicSmoker]

A couple of questions for developers
Do you plan to change the algorithm due to the appearance of Antminer E3?
By default, the blockchain is form on the C drive. How do I make the blockchain form in the same folder as the wallet?

Antminers are always a threat, it really depends, we have some plans regarding this, would love to see how ETH casper does.

The current consensus I'm picking up from reading various Discord discussions is that ASICs can't deliver too much better performance than GPUs on Ethash because of the DAG file size. But I'm an EE, not a cryptographer, so...

[markiz73]

Bitmain with Antminer E3 has deceived himself. The price of them is very expensive,  since in some countries, you can buy asics only from intermediaries or smugglers Better to buy a farm on the GPU. The GPU farm has a 3 year warranty. All the miners are now waiting for what will happen with ETH. If the coin passes to the POS, then the stagnation times begin. Musicoin can increase the number of miners, but for this the coin needs to grow in price.
How can I see a list of top wallets on this coin?

[barbiecover]

Bitmain with Antminer E3 has deceived himself. The price of them is very expensive,  since in some countries, you can buy asics only from intermediaries or smugglers Better to buy a farm on the GPU. The GPU farm has a 3 year warranty. All the miners are now waiting for what will happen with ETH. If the coin passes to the POS, then the stagnation times begin. Musicoin can increase the number of miners, but for this the coin needs to grow in price.
How can I see a list of top wallets on this coin?

there's no top list

TOP1 wallet with ~70% coins - https://explorer.musicoin.org/account/0xea62a60b127efd524b6e19791bcb374a49302c71
don't be afraid, it's Bitrexx's wallet

[markiz73]

 605 262 835 coins on the Bittrex wallet of 776 117 568 possible on 28.06.2018   77.9%.
miners wait for pamp very wrong distribution.