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Author Topic: [ANN][MAG][SWAP ON 11.11.18] X11 POS/POW+Masternodes MAGNET / magnetwork.io  (Read 59364 times)
Alexey Sukharev
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November 26, 2017, 04:29:22 PM
 #361


There will be at some point new exchanges added, but for now we concentrate on wallet development. Mac wallet is coming soon. Followed by a smaller wallet update and then we take some time to develop our initial ideas into the wallet. We possibly need a fork for this because most interesting concepts usually need to be programmed into the consensus layer. So before moving on to more exchanges - we need to decide on couple of fundamental ideas how we approach the future plans and what is needed. Being on an exchange means constant communication with the exchange every time wallet update comes out. So for now we hold back on exchanges, but we have seen couple of community initiated requests on smaller exchanges so this might happen before we plan it ourselves.

Thanks for a big and clear answer. So we waiting.
The masternodes are growing fast. The reward is decreasing, so the price may go higher?
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cryptoman104
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November 26, 2017, 05:10:12 PM
 #362

Any roadmap or whitepaper, guys?
dellzxd
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November 26, 2017, 06:00:36 PM
 #363

how put masternode online ?
Alexey Sukharev
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November 26, 2017, 06:39:05 PM
 #364

Watch youtube for Transfercoin masternode setup. There are few videos there. I've used VPS.
dellzxd
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November 26, 2017, 07:18:41 PM
 #365

why i get around 0.01 only ? masternode gives so little ?
richpress
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November 26, 2017, 07:49:44 PM
 #366

why i get around 0.01 only ? masternode gives so little ?
Masternode rewards are half the block reward. If it's a POW block you will get 100 MAG, but if it's a POS block you get small amount since staking doesn't reward much yet (only 2+ million in circulation).
The number of payouts should be even between POW and POS, although sometimes I get unlucky and have all payouts as POS. And sometimes lucky and get most of the payouts as POW Wink So just let it run longer and you'll see better results.
captainbluff
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November 26, 2017, 09:42:56 PM
 #367

why i get around 0.01 only ? masternode gives so little ?

Let your MN run longer, you will see the true rewards Smiley
chrondosia91989
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November 27, 2017, 02:25:35 AM
 #368

MAGNET has been added to...

cryptopool.xyz

1% fee, hourly payouts after first confirmed block, yiimp based pool

Dedicated discord channel for support!

Code:
-a x11 -o stratum+tcp://cryptopool.xyz:3533 -u yourwalletaddresshere -p c=MAG

Come hash with me!
miningpooldotshop
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November 27, 2017, 04:46:48 AM
 #369

MAGNET Mining Pool

http://MiningPool.Shop

No register needed.. based on Yiimp pool..
Payout : Every 1hour
Fee  : 0.9% FEE

Code:
-o stratum+tcp://eu1.miningpool.shop:3533 -u <WALLET_ADDRESS> -p c=MAG

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Code:
Pool host: eu1.miningpool.shop
Pool port: 3533
Pool user: Your_Wallet_Address
Pool pass: c=MAG
Algorithm: X11

dandruff1138
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November 27, 2017, 08:57:59 AM
 #370

Nice to know about its POW

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Ferminer
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November 27, 2017, 09:39:23 AM
 #371

Any other exchanges are in the near future plans?

There will be at some point new exchanges added, but for now we concentrate on wallet development. Mac wallet is coming soon. Followed by a smaller wallet update and then we take some time to develop our initial ideas into the wallet. We possibly need a fork for this because most interesting concepts usually need to be programmed into the consensus layer. So before moving on to more exchanges - we need to decide on couple of fundamental ideas how we approach the future plans and what is needed. Being on an exchange means constant communication with the exchange every time wallet update comes out. So for now we hold back on exchanges, but we have seen couple of community initiated requests on smaller exchanges so this might happen before we plan it ourselves.
Dev, why I run the master, it's some time it's active, and then disappears from the list? And changes its status from "masternode is running" to "updating network list". Huh In this status there will be no rewards? The conf file is correct, creating masternode too.

richpress
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November 27, 2017, 10:01:45 AM
 #372

Any other exchanges are in the near future plans?

There will be at some point new exchanges added, but for now we concentrate on wallet development. Mac wallet is coming soon. Followed by a smaller wallet update and then we take some time to develop our initial ideas into the wallet. We possibly need a fork for this because most interesting concepts usually need to be programmed into the consensus layer. So before moving on to more exchanges - we need to decide on couple of fundamental ideas how we approach the future plans and what is needed. Being on an exchange means constant communication with the exchange every time wallet update comes out. So for now we hold back on exchanges, but we have seen couple of community initiated requests on smaller exchanges so this might happen before we plan it ourselves.
Dev, why I run the master, it's some time it's active, and then disappears from the list? And changes its status from "masternode is running" to "updating network list". Huh In this status there will be no rewards? The conf file is correct, creating masternode too.
No, you will still get rewards when it says "updating network list" .
blockonomy
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November 27, 2017, 10:20:07 AM
 #373

Any other exchanges are in the near future plans?

There will be at some point new exchanges added, but for now we concentrate on wallet development. Mac wallet is coming soon. Followed by a smaller wallet update and then we take some time to develop our initial ideas into the wallet. We possibly need a fork for this because most interesting concepts usually need to be programmed into the consensus layer. So before moving on to more exchanges - we need to decide on couple of fundamental ideas how we approach the future plans and what is needed. Being on an exchange means constant communication with the exchange every time wallet update comes out. So for now we hold back on exchanges, but we have seen couple of community initiated requests on smaller exchanges so this might happen before we plan it ourselves.
Dev, why I run the master, it's some time it's active, and then disappears from the list? And changes its status from "masternode is running" to "updating network list". Huh In this status there will be no rewards? The conf file is correct, creating masternode too.
No, you will still get rewards when it says "updating network list" .
Yes, the network is still small so it may take some time for the local wallet to update the list, during that time running masternodes are still getting rewards.
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November 27, 2017, 10:24:00 AM
 #374

Any other exchanges are in the near future plans?

There will be at some point new exchanges added, but for now we concentrate on wallet development. Mac wallet is coming soon. Followed by a smaller wallet update and then we take some time to develop our initial ideas into the wallet. We possibly need a fork for this because most interesting concepts usually need to be programmed into the consensus layer. So before moving on to more exchanges - we need to decide on couple of fundamental ideas how we approach the future plans and what is needed. Being on an exchange means constant communication with the exchange every time wallet update comes out. So for now we hold back on exchanges, but we have seen couple of community initiated requests on smaller exchanges so this might happen before we plan it ourselves.
Dev, why I run the master, it's some time it's active, and then disappears from the list? And changes its status from "masternode is running" to "updating network list". Huh In this status there will be no rewards? The conf file is correct, creating masternode too.
No, you will still get rewards when it says "updating network list" .
Yes, the network is still small so it may take some time for the local wallet to update the list, during that time running masternodes are still getting rewards.
that is, do not do anything? Everything okay?

richpress
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November 27, 2017, 10:55:01 AM
 #375

Any other exchanges are in the near future plans?

There will be at some point new exchanges added, but for now we concentrate on wallet development. Mac wallet is coming soon. Followed by a smaller wallet update and then we take some time to develop our initial ideas into the wallet. We possibly need a fork for this because most interesting concepts usually need to be programmed into the consensus layer. So before moving on to more exchanges - we need to decide on couple of fundamental ideas how we approach the future plans and what is needed. Being on an exchange means constant communication with the exchange every time wallet update comes out. So for now we hold back on exchanges, but we have seen couple of community initiated requests on smaller exchanges so this might happen before we plan it ourselves.
Dev, why I run the master, it's some time it's active, and then disappears from the list? And changes its status from "masternode is running" to "updating network list". Huh In this status there will be no rewards? The conf file is correct, creating masternode too.
No, you will still get rewards when it says "updating network list" .
Yes, the network is still small so it may take some time for the local wallet to update the list, during that time running masternodes are still getting rewards.
that is, do not do anything? Everything okay?
Yes.
rmmpg
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November 27, 2017, 12:55:11 PM
 #376

Love this project.

Easy to set my 1st masternode (~600 coins/day). Looking to set another masternode in next few days.

Keep the good work dev!
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November 27, 2017, 01:19:34 PM
 #377

I have not received a reward for 12 hours, but my node is shown as "active" and working already 1 day and 6 hours. Paramert "rank" changes, it was recently 99, now 67. What does this mean?

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idev
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November 27, 2017, 01:24:57 PM
 #378

I have not received a reward for 12 hours, but my node is shown as "active" and working already 1 day and 6 hours. Paramert "rank" changes, it was recently 99, now 67. What does this mean?

This is due increased interest in us and our masternodes. At the moment 140 was in the list so the days where You have less payments can occur more often, but in the long run this evens out and on some days the reward payments are occurring in higher numbers.
SeaSoul
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November 27, 2017, 02:06:48 PM
 #379

What is the current profitability of the masternodes?

idev
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November 27, 2017, 02:18:15 PM
 #380

What is the current profitability of the masternodes?

You can check that and more about our Masternodes from www.mnrank.com

Right now it said ROI days 17.
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