[ANN] [POW] [MSR] Masari - simple, scalable, and secure cryptocurrency

[thaer]

Masari (MSR) is a scalability-focused and privacy-ensured cryptocurrency.

Specifications
* PoW algorithm: CryptoNight Fast
* Protocols: SECOR, RingCT, CryptoNote, LWMA, WHM
* Max supply: ~18.5 million (with tail emission)
* Block reward: Smoothly varying recurrence relation starting at around 35 MSR per block, block_reward(block_height) = (2^64 - 1 - total_supply(block_height - 1)) * 2 ^ -19 * 10 ^ -12
* Block time: 120 seconds up to block 363,000, 60 seconds onwards (with introduction of Uncle Mining)
* Difficulty: Re-targets at every block
* Genesis block:  Saturday, 2 September 2017 21:20:46 UTC

Exchanges
https://tradeogre.com/exchange/BTC-MSR
https://www.southxchange.com/Market/Book/MSR/BTC
https://app.stex.com/en/basic-trade/pair/BTC/MSR/
https://crex24.com/exchange/MSR-BTC
https://bisq.network/markets/?currency=msr_btc

Market Indicators
https://coinmarketcap.com/currencies/masari/ (market price tracker)
https://coinlib.io/coin/MSR/Masari (market price tracker)
https://www.cryptunit.com/ (profitability metrics)
https://www.cryptoisme.com/ (profitability metrics)

Funding
 https://funding.getmasari.org/ - Masari community funding system

* There is a 4 day gap between the genesis block and this announcement on Bitcointalk, accounting for less than 1% of the total supply mined during that time period (excluding tail emission); the amounts mined by the developer (~0.5%) were used for developer bounties and the funds were completely dispersed by the last event on (Feb 5 2019) .

Games
Masari Dice - https://www.southxchange.com/Market/Book/MSR/BTC
Win Masari by guessing what the last digit of the next Masari block hash will be - hhttps://masari.win/

Research
https://lab.getmonero.org/pubs/MRL-0005.pdf - Ring Confidential Transactions (transactions use RCT by default in Masari)
https://cryptonote.org/whitepaper.pdf - CryptoNote v2.
WHM DAA - https://getmasari.org/research-papers/wwhm.pdf
SECOR (Uncle mining) - https://github.com/masari-project/research-corner/blob/master/secor/secor.pdf
Blocktree - https://github.com/masari-project/research-corner/blob/master/blocktree/blocktree.pdf

Discussion Forums
Slack: invitation disabled, please use Discord
Open invitation link for Discord: https://discord.gg/sMCwMqs
Telegram: https://t.me/masaricurrency

Pools
https://miningpoolstats.stream/masari

Block Explorer
https://www.msrchain.net/
https://explorer.getmasari.org/

Sources
Source - https://github.com/masari-project/masari

Releases
https://github.com/masari-project/masari/releases/

Web Wallet
https://wallet.getmasari.org/
https://www.masariwallet.com/

This announcement page is still under development.

Please feel free to download and start mining some Masari!

Best regards,
Thaer

getmasari.org

Anuncio Español / Spanish Announcement
中国公告 / Chinese Announcement
الاعلان العربي / Arabic Announcement

[1713243573]

1713243573

[Retired]

Is it being traded on any exchanges?

[hitscan]

Pre-mine,coins per block???

[Greedy_bear]

I'll be waiting for whitepaper for this! Looks solid.

[Retired]

Are you planning to update the fork to the latest Monero updates as they become available?

[farfiman]

another scam. oh well.

[TheKryptonian]

1) You said "no pre-mine" but yet I launched the daemon 20 mins ago and already saw 4000+ blocks taken.

2) Your logo is literally just the monero logo re-colored.

If you are a serious coin, please explain.  Someone mined a lot before launch.

[c789]

The info at monerolink isn't even relevant. It hasn't applied for some time. Details: https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html

TLDR: the monerolink doc was written in part by a paid member of the Zcash team, Andrew Miller, and they wrote it knowing full well that their critique only applies to older versions of Monero.

[farfiman]

1) You said "no pre-mine" but yet I launched the daemon 20 mins ago and already saw 4000+ blocks taken.

2) Your logo is literally just the monero logo re-colored.

If you are a serious coin, please explain.  Someone mined a lot before launch.

He started mining on linux(no windows version yet) and gave no announcement before he started. Scamcoin.

[byronnlewis]

They are a quite authentic option for reliable transfers in cryptocurrency world.Thankfully its plunge will be a salutary caution to most folks.

[thaer]

The network has started this Saturday, with the source public since then, and only the infrastructure setup being the main bottleneck to announce on here - it is by no means a pre-announcement, as it was never planned to be a released coin.
For example, Litecoin had a few days difference between an announcement on here, and the genesis block. (edit: this claim about Litecoin was incorrect)
I understand the fear of scamcoins, and I would agree if it was the case, though there are no pre-mines in the genesis block compared to something like Sumokoin with 10% of the coins and had deliberately with-held the network from the public for almost a month.

Please feel free to ask any other questions you have.

Best,
Thaer

[PorcoRosso]

First block mined GMT: Saturday, 2 September 2017 г., 21:20:46
how much premine?

[TheKryptonian]

The network has started this Saturday, with the source public since then, and only the infrastructure setup being the main bottleneck to announce on here - it is by no means a pre-announcement, as it was never planned to be a released coin.
For example, Litecoin had a few days difference between an announcement on here, and the genesis block.
I understand the fear of scamcoins, and I would agree if it was the case, though there are no pre-mines in the genesis block compared to something like Sumokoin with 10% of the coins and had deliberately with-held the network from the public for almost a month.

Please feel free to ask any other questions you have.

Best,
Thaer

So you mined 4000 blocks without announcing it (you can't call it "public" just because you posted something to your GitHub, no one was looking there except you) but you want to insist this isn't a pre-mine because it wasn't in the genesis block?  Why do you think we care whether the coins were pre-mined from the genesis block vs. pre-mined by ninja mining for 3 days?

I'd love for you to convince me this isn't a  scamcoin, but how do you expect anyone to believe you when you make such a bad argument?  It would almost be better for you to admit you pre-mined 4000 blocks as a pre-mine, but note that if there is 1 block pet minute, then a 3-day pre-mine will be less than 1% within a year.

edit: just saw it's a 2-minute blocktime, so the number would be 2% in a year, but then less than 1% in two years and even smaller after that.  This is quite small compared to most pre-mines, and if you commit to use it for bounties and development, this could be quite successful.  But when you insist there's no pre-mine, you sound like a scammer.

[thaer]

The network has started this Saturday, with the source public since then, and only the infrastructure setup being the main bottleneck to announce on here - it is by no means a pre-announcement, as it was never planned to be a released coin.
For example, Litecoin had a few days difference between an announcement on here, and the genesis block.
I understand the fear of scamcoins, and I would agree if it was the case, though there are no pre-mines in the genesis block compared to something like Sumokoin with 10% of the coins and had deliberately with-held the network from the public for almost a month.

Please feel free to ask any other questions you have.

Best,
Thaer

So you mined 4000 blocks without announcing it (you can't call it "public" just because you posted something to your GitHub, no one was looking there except you) but you want to insist this isn't a pre-mine because it wasn't in the genesis block?  Why do you think we care whether the coins were pre-mined from the genesis block vs. pre-mined by ninja mining for 3 days?

I'd love for you to convince me this isn't a  scamcoin, but how do you expect anyone to believe you when you make such a bad argument?  It would almost be better for you to admit you pre-mined 4000 blocks as a pre-mine, but note that if there is 1 block pet minute, then a 3-day pre-mine will be less than 1% within a year.

Hi there,
You are correct on the concern for post-genesis block, and I have already edited my announcement post accordingly. In the worst-case scenario I would have 0.5% of the coins. As an argument, I'll re-iterate that this is not a pre-announcement, was announced when I had the seed nodes and the corresponding website ready, and as a comparison I've stated your argument would then claim that Litecoin is also a scamcoin because it was not pre-announced on Bitcointalk.

Let me know if this clarification is satisfactory.

[Bumbr]

There are no pre-mines

Just put down the correct premine amount here  plz.

[c789]

What I'd like to know is if you knew about https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html before I made that post above.

If you say you didn't, I'd find that very difficult to believe since you say "Masari started off as a pet project to understand Monero's inner workings, but has turned into its own blockchain project." If you were working on it that deeply, you would have followed Monero activities closely since it, like most cryptos, has frequent code updates. That news would have been almost impossible to miss. It was all over here, redditt, coindesk...pretty much everywhere. It was big news for weeks and people still drag it up.

If you say you did know about it, then you'd know those issues have been fixed for some time, so why the need to make another coin to fix a problem that hasn't existed for the better part of this year?

There are no good answers to that question. It makes the project look either completely uniformed or out to get a fast buck. So does the premine.

[megacrypto]

Is it traded anywhere?

[thaer]

What I'd like to know is if you knew about https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html before I made that post above.

If you say you didn't, I'd find that very difficult to believe since you say "Masari started off as a pet project to understand Monero's inner workings, but has turned into its own blockchain project." If you were working on it that deeply, you would have followed Monero activities closely since it, like most cryptos, has frequent code updates. That news would have been almost impossible to miss. It was all over here, redditt, coindesk...pretty much everywhere. It was big news for weeks and people still drag it up.

If you say you did know about it, then you'd know those issues have been fixed for some time, so why the need to make another coin to fix a problem that hasn't existed for the better part of this year?

There are no good answers to that question. It makes the project look either completely uniformed or out to get a fast buck. So does the premine.

I have been interested in Monero back in June, then started playing with the code and whitepapers in July. I'd like to know if the belief difficulty is due to assumed knowledge? Please take a look at the code in its current form, you'll see that it has started late July, has been rebased to use Monero's 0.11.0.0 version, and the main bulk of the additions have been around RingCT and the core tests. This is an artifact of me wanting to see the RingCT's whitepaper in action, and is a big factor why I have re-written core_tests (an easy way to study the code). The spend distribution was peripheral part of the code that I did not delve deep into, and is complex enough that I wanted to postpone further research into it. I figured this problem would be remedied by the increase in ring size limit in the upcoming Monero fork, but did not come across that response by the Monero team. The spend distribution point is also not the sole reason for this fork, and really only boils down to interest in how Monero works.

[D3legacy]

Smells very fishy to me

[thaer]

This project is already tanking..No premine and fair launch, except for the 4k blocks I just solo mined. LOLOL

This type of launch is a dime a dozen these days, projects without wallets, or fully thought through prior to launching. It's amazing that this is still happening..

So much potential and ruined based on devs actions so early on.

We'll let time decide