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Author Topic: [ANN] [POW] [MSR] Masari - simple, scalable, and secure cryptocurrency  (Read 85176 times)
megacrypto
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October 02, 2017, 12:18:56 AM
 #101


@jbmustaq @lexphor thank you for the kind words! I feel that it's a vocal minority that can paint the discourse in a way the silent majority may disagree with.

While some are unwarranted (like the attempt to deface the project by @micronotecoin), the rest I think is mostly sensitivity to potential value for early adopters.
There's a great blog post I've read recently that touches on this with respect to the network effect for cryptocurrencies, https://blog.blockonomics.co/predicting-the-path-for-bitcoin-c9d27b28df8 - it's an interesting perspective!


actually i was following both you here and the micronote project (and to say the truth, he did solve the pool fix) and with the heat that he has given you, one would've thought that there was more potential to XUNC than MSR .... but .... XUNC is no longer running , and MSR got on its first exchange Smiley)

good work Smiley))

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1714823427
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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xC234710Nx
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October 02, 2017, 12:24:04 AM
 #102

Iv got 300H on the main pool. with a zero payout for over half an hour. Something is not right, can we get another pool setup vs use these sketchy pools?
oslak
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October 02, 2017, 12:31:37 AM
Last edit: October 02, 2017, 01:22:50 AM by oslak
 #103

Iv got 300MH on the main pool. with a zero payout for over half an hour. Something is not right, can we get another pool setup vs use these sketchy pools?

Coin maturity is 60 blocks. About 2-3 hours to mature and payment every hour. The blocks you had shares need 60 more to mature for the pool to release payment. Pre-mature balance will not appear.
oslak
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October 02, 2017, 01:15:35 AM
 #104

someone wants masari so much.
from 50kh/s nethash to 1.5Mh/s

sstercan
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October 02, 2017, 01:35:38 AM
 #105

someone wants masari so much.
from 50kh/s nethash to 1.5Mh/s


wov
miyagiman
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October 02, 2017, 03:20:19 AM
 #106

someone wants masari so much.
from 50kh/s nethash to 1.5Mh/s

https://i.imgur.com/aM0zM9z.png
Is that why I went from 500MSR/day to 60?  Tongue
thaer (OP)
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October 02, 2017, 04:07:38 AM
 #107

once we get to a healthy hash rate these heavy variations will smooth out Smiley The network hash rate was increasing anyway, and the network's difficulty is currently at ~280 KH/s
oslak
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October 02, 2017, 04:14:52 AM
 #108

I posted some promotion on other coins' thread to help spread hashes. SIGT thread
thaer (OP)
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October 02, 2017, 06:28:03 AM
 #109

Thaer,

Thanks for the response. Please don't let my candidness offend you.

Other than desire to make this technology reach more public, I assume your group knows how RCT works and Masari will implore R&D to further improve it? My question on item4 is how the funds(4k blocks) will be managed but I can't find any concise response. Creating and launching a blockchain always espouse resources from its creator. Selling some funds to recover your out of pocket and for maintenance of infrastructure is understandable.

Good luck on your project. I hope for your success. I will be mining and buying some.

@oslak I've studied the CryptoNote protocol well enough, and have an understanding of RingCT's inner workings (the initial reason for researching into Monero). My educational background is in Computer Science, so I can get by on understanding the Math involved, though I doubt t would be able to out-compete professional cryptographers and people with PhD's in Mathematics Smiley My R&D efforts will be focused on scalability, as that is more in line with my skillset. The group involved with this project will be mostly focused around scalability and ease-of-use, though this doesn't discount future R&D efforts into RCT's protocol.

Apologies I missed the intent regarding #4 - I am a HODLer, and any rewards from blocks I have mined will be HODLed. The extent of use for my holdings have been giving out small sums for friends to play with, or sums as a thank you for helping out in behind the scenes work (i.e. infrastructure consulting).

If you're concerned about any pump & dump scenarios, we're only a month in, there are plenty of early miners, some of which have large hash rates, and we're at ~23k blocks - the only market influence I have on the coin's marketplace is my development efforts in the project. This coin will have over 2.6 million blocks before tail emission kicks in (~10 years), and miners have plenty of time to speculate and profit off of Masari.

P.S. I appreciate the candidness!
oslak
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October 02, 2017, 09:23:18 AM
 #110

Thaer,

Since Masari have most of what other currency have, block explorer, exchanges, pools, active developers etc..

Why dont you apply for listing at:

Whattomine. The thread is managed by fredeq
http://whattomine.com/contacts/new

https://coinmarketcap.com/

https://www.cryptocompare.com/

Listing on other coin promotion websites. I will update this list.
ulfsaar
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October 02, 2017, 09:35:44 AM
 #111

Hi. Is this project active? why only a few pages after a month of announcement?

Is it too late to mine and invest on this coin? Is the dev still active?

Thank you.
oslak
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October 02, 2017, 09:38:45 AM
 #112

Hi. Is this project active? why only a few pages after a month of announcement?

Is it too late to mine and invest on this coin? Is the dev still active?

Thank you.

Yes its very much active. The @developers can give you a better perspective.
Good luck!
ulfsaar
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October 02, 2017, 09:44:13 AM
 #113

Hi. Is this project active? why only a few pages after a month of announcement?

Is it too late to mine and invest on this coin? Is the dev still active?

Thank you.

Yes its very much active. The @developers can give you a better perspective.
Good luck!

Okay thank you. But the hashrate is already too high and blockchain is on 23,000 blocks.
The exchange it is listed is new? Isn't it risky to expose coins on small(unknown maybe) exchanges?

Im looking for roadmap. Is there a roadmap?
oslak
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October 02, 2017, 09:47:44 AM
 #114

Hi. Is this project active? why only a few pages after a month of announcement?

Is it too late to mine and invest on this coin? Is the dev still active?

Thank you.

Yes its very much active. The @developers can give you a better perspective.
Good luck!

Okay thank you. But the hashrate is already too high and blockchain is on 23,000 blocks.
The exchange it is listed is new? Isn't it risky to expose coins on small(unknown maybe) exchanges?

Im looking for roadmap. Is there a roadmap?


Im also looking for a roadmap. A timeline or work schedule where you can see punchlist of accomplishment.
ulfsaar
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October 02, 2017, 09:50:57 AM
 #115

Hi. Is this project active? why only a few pages after a month of announcement?

Is it too late to mine and invest on this coin? Is the dev still active?

Thank you.

Yes its very much active. The @developers can give you a better perspective.
Good luck!

Okay thank you. But the hashrate is already too high and blockchain is on 23,000 blocks.
The exchange it is listed is new? Isn't it risky to expose coins on small(unknown maybe) exchanges?

Im looking for roadmap. Is there a roadmap?



Im also looking for a roadmap. A timeline or work schedule where you can see punchlist of accomplishment.

That would be good for this coin. A very clear roadmap.

So many coins on cryptonote algorithm lately. Is this coin any different?

Its like mushroom. Other coins just dont have any plans at all

I hope this one is serious and be successful.

Also be listed on bigger exchange.
Boris_01
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October 02, 2017, 09:54:50 AM
 #116

I do not know how to register a wallet from a miner if the exchange gives 2 addresses
http://rgho.st/8Z76PKjGJ/thumb.png
So?
NsGpuCNMiner -a cryptonight -allpools 1 -o stratum+tcp://masari.superpools.net:3333 -u Last address.Payment ID -p x     
oslak
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October 02, 2017, 09:55:46 AM
 #117

Hi. Is this project active? why only a few pages after a month of announcement?

Is it too late to mine and invest on this coin? Is the dev still active?

Thank you.

Yes its very much active. The @developers can give you a better perspective.
Good luck!

Okay thank you. But the hashrate is already too high and blockchain is on 23,000 blocks.
The exchange it is listed is new? Isn't it risky to expose coins on small(unknown maybe) exchanges?

Im looking for roadmap. Is there a roadmap?



Im also looking for a roadmap. A timeline or work schedule where you can see punchlist of accomplishment.

That would be good for this coin. A very clear roadmap.

So many coins on cryptonote algorithm lately. Is this coin any different?

Its like mushroom. Other coins just dont have any plans at all

I hope this one is serious and be successful.

Also be listed on bigger exchange.


I dont know about other coins, but there are some launches lately with good roadmap. Some are looking in integrating VPN services.

Well this coins seems to have good potential. Also developers have skills.

I just hope he will continue to develop this one.
oslak
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October 02, 2017, 09:59:45 AM
 #118

I do not know how to register a wallet from a miner if the exchange gives 2 addresses

So?
NsGpuCNMiner -a cryptonight -allpools 1 -o stratum+tcp://masari.superpools.net:3333 -u Last address.Payment ID -p x     

You have to ask pool operator if his pool supports payment id transfers.

Or you can run a local wallet. download the link on first page for your os. run the daemon then generate address on simplewallet.
Dev can also write a simple guide for us newbies.

Good luck.
oslak
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October 02, 2017, 10:06:55 AM
 #119

Thaer,

I think you should edit the title of the Announcement. "POW" is missing.
 Wink
daninimmer
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October 02, 2017, 10:31:48 AM
 #120

I do not know how to register a wallet from a miner if the exchange gives 2 addresses
http://rgho.st/8Z76PKjGJ/thumb.png
So?
NsGpuCNMiner -a cryptonight -allpools 1 -o stratum+tcp://masari.superpools.net:3333 -u Last address.Payment ID -p x     

You can not directly mine the address of the exchange Sad
You need to have your own Wallet or wait for the developers to complete the Web Wallet.

But I study it to see if I can solve it at https://masari.superpools.net
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