Minexcoin - A new era of payments

[Superphu]

Noob Question:
Can someone tell me what the difference between MinexSystemWallet and Minex Escrow is? What should I choose?
Didn't understand what exactly "Escrow" is :/

Thank you !!

[1714943940]

1714943940

[MineCoin.org]

Noob Question:
Can someone tell me what the difference between MinexSystemWallet and Minex Escrow is? What should I choose?
Didn't understand what exactly "Escrow" is :/

Thank you !!

MinexSystemWallet it is our direct wallet and Minex Escrow it is confidant.

[AmarO]

Why is your team a bunch of kid?

[SuperTramp]

Hey, just wanted to give you guys a heads-up. The acronym "MNC" has been used
for MinCoin since it's launch back on April 3rd, 2013.
See thread here: https://bitcointalk.org/index.php?topic=165397.0

-ST

[MineCoin.org]

Hey, just wanted to give you guys a heads-up. The acronym "MNC" has been used
for MinCoin since it's launch back on April 3rd, 2013.
See thread here: https://bitcointalk.org/index.php?topic=165397.0

-ST

Hello.

Its not a problem. Till Minexcoin  is not listed on exchange we can change on free abbreviation.

[hansen.ng]

Why is your team a bunch of kid?

how is that relevant? vitalik buterin was 21 when he released Ethereum , evan spiegel was 21 when he founded snapchat, mark zuckerberg was 20 when he founded facebook  etc
What have you achieved and how old are you?

[supercops]

I like this project and have confident it will succeed.
I have several bitcoin already put in before ICO is finished next month.
So I am eagerly anticipating any new news to come up from the creators of this new coin.

[hansen.ng]

I like this project and have confident it will succeed.
I have several bitcoin already put in before ICO is finished next month.
So I am eagerly anticipating any new news to come up from the creators of this new coin.

I heard they will have minexbank ready 1 week before the end of ICO.

[Herdirfauzi]

I hope this project will be successful in the next day, Goodluck!

[Anjing Lu]

I like this project and have confident it will succeed.
I have several bitcoin already put in before ICO is finished next month.
So I am eagerly anticipating any new news to come up from the creators of this new coin.

I heard they will have minexbank ready 1 week before the end of ICO.

Good sounds, and is the function minexbank same like exchanger, so we can deposit and withdrawal just with simple steps?

[MineCoin.org]

I hope this project will be successful in the next day, Goodluck!

Thank you.


Join Minexcoin ICO: https://minexcoin.com/?r=site/ico
INVESTMENTS ARE ESCROWED
Get 35% bonus.

[necromastery]

Good luck minexcoin. I see since the investments are escrowed, everything runs so smoothly 

[MineCoin.org]

Good luck minexcoin. I see since the investments are escrowed, everything runs so smoothly 

Thank you.

[tehMoonwalker]

my bounty stakes are the same for weeks, is this normal?

[MineCoin.org]

my bounty stakes are the same for weeks, is this normal?

Stakes update once a week. The last update was last Thursday. Write your referral link and we'll see if everything is all right.

[tehMoonwalker]

my bounty stakes are the same for weeks, is this normal?

Stakes update once a week. The last update was last Thursday. Write your referral link and we'll see if everything is all right.

https://minexcoin.com/ref/1646

[MineCoin.org]

my bounty stakes are the same for weeks, is this normal?

Stakes update once a week. The last update was last Thursday. Write your referral link and we'll see if everything is all right.

https://minexcoin.com/ref/1646

We checked your profile. At the moment, you have 9400 shares. Today there will be an creditting for a week.

I like this project and have confident it will succeed.
I have several bitcoin already put in before ICO is finished next month.
So I am eagerly anticipating any new news to come up from the creators of this new coin.

I heard they will have minexbank ready 1 week before the end of ICO.

Good sounds, and is the function minexbank same like exchanger, so we can deposit and withdrawal just with simple steps?

The uniqueness of Minexbank lies in the fact that you do not need to transfer anything to anyone to receive income. You "park" the coins in your oun wallet and get a interest for that. Thus, by freezing coins on their own wallets, participants not only receive income, but also maintain the stability of the entire Minex ecosystem. Because "parking", decreases offer and increases demand for a Minexcoin on the market. Where do the coins for the payment of Minexbank come from? Minexbank receives them in their reserves as a percentage of the additional issue of coins. 20% of the volume of emissions. New coins appear in the system thanks to mining (PoW).
Minexbank is the first trustless bank.
Happy Minex! 

[loremipsum]

I like this project and have confident it will succeed.
I have several bitcoin already put in before ICO is finished next month.
So I am eagerly anticipating any new news to come up from the creators of this new coin.

I heard they will have minexbank ready 1 week before the end of ICO.

Good sounds, and is the function minexbank same like exchanger, so we can deposit and withdrawal just with simple steps?

The uniqueness of Minexbank lies in the fact that you do not need to transfer anything to anyone to receive income. You "park" the coins in your oun wallet and get a interest for that. Thus, by freezing coins on their own wallets, participants not only receive income, but also maintain the stability of the entire Minex ecosystem. Because "parking", decreases offer and increases demand for a Minexcoin on the market. Where do the coins for the payment of Minexbank come from? Minexbank receives them in their reserves as a percentage of the additional issue of coins. 20% of the volume of emissions. New coins appear in the system thanks to mining (PoW).
Minexbank is the first trustless bank.
Happy Minex!  

Yes the idea is good, the only thing I would like to know more concerns the PoW mining. They said they plan to use the Mars algo. If this is the case, they will have to develop a new miner (there is no miner for Mars right now). I like the idea of a completely new algorithm, but it will not be easy to develop an efficient miner that is publicly available.

[Nixzor]

It seems that the Mars algo isn't that complicated by todays standards and a miner can be fairy easily developed for cpu and gpu mining. I expect soon that FPGA miners will arrive also.
Here is a clear explination about the algo and how it works:
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.35.5887&rep=rep1&type=pdf

I have also found an academic paper published in 2004 that that can break 21 out of the 32 rounds for MARS. Please note that unless all 32 rounds are broken, the algo is safe and so are your Minexcoins. (and the question remains: what if there has been some progress since 2004 in this direction???)
https://www.schneier.com/academic/paperfiles/paper-mars-attacks.pdf

[loremipsum]

It seems that the Mars algo isn't that complicated by todays standards and a miner can be fairy easily developed for cpu and gpu mining. I expect soon that FPGA miners will arrive also.
Here is a clear explination about the algo and how it works:
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.35.5887&rep=rep1&type=pdf

I have also found an academic paper published in 2004 that that can break 21 out of the 32 rounds for MARS. Please note that unless all 32 rounds are broken, the algo is safe and so are your Minexcoins. (and the question remains: what if there has been some progress since 2004 in this direction???)
https://www.schneier.com/academic/paperfiles/paper-mars-attacks.pdf

Thanks for this. My maths aren't good enough to be able to understand how it works exactly and whether it can be broken. But from what I get, this is vulnerable to being attacked so, perhaps, the team should consider switching to a different algo. But I'm sure the team will have looked into these papers.