[ANN][MAG] MAGNET - GOES STELLAR - More in description / magnetwork.io

[THELOSTONE]

BUYER BEWARE

As most any that has a Magnet Masternode has noticed, there has been a giant decrease in the amount of MN rewards being received.
Well I solved the mystery and Dev has yet to fix the issue.

In this POW/MN system, the block reward should be split 50/50, but Malicious miners with modified code have been able to steal all 100% of block rewards using a modified client. Most anyone with a Magnet MN will tell you that around the 17th of Jan rewards stopped flowing in. well here are some address that would explain such a event.

http://35.202.4.153:3001/address/MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH
http://35.202.4.153:3001/address/McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw

I won't go into detail as to how the code was modified but know that I may have found 3 more address doing the same.

Proceed with Caution.

[1715044819]

1715044819

[shixd8899]

Ashare has been innovating for the shortcomings of the block chain technology, and has its own original technology, which perfectly realizes the combination of block chain and storage. It is now at a low price.

[Lakeluke_again]

Ashare has been innovating for the shortcomings of the block chain technology, and has its own original technology, which perfectly realizes the combination of block chain and storage. It is now at a low price.

Ashare? what is the trading code for it?

[blg42598]

Waiting for Cryptopia listing, get ready everyone!

[loki762]

Waiting for Cryptopia listing, get ready everyone!

That's doesn't help when the MAG network has been compromised.

[blg42598]

Waiting for Cryptopia listing, get ready everyone!

That's doesn't help when the MAG network has been compromised.

Not comprised, just a DDoS

[ftguy]

BUYER BEWARE

As most any that has a Magnet Masternode has noticed, there has been a giant decrease in the amount of MN rewards being received.
Well I solved the mystery and Dev has yet to fix the issue.

In this POW/MN system, the block reward should be split 50/50, but Malicious miners with modified code have been able to steal all 100% of block rewards using a modified client. Most anyone with a Magnet MN will tell you that around the 17th of Jan rewards stopped flowing in. well here are some address that would explain such a event.

http://35.202.4.153:3001/address/MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH
http://35.202.4.153:3001/address/McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw

I won't go into detail as to how the code was modified but know that I may have found 3 more address doing the same.

Proceed with Caution.

Well, I have a MN and I received 5 rewards of 100 MAG each, starting from 19th, so I am not sure what you discovered but whatever it was, the developer must have fixed it.

[loki762]

My experience is that the first week my MN was earning a lot of rewards but then they dropped off suddenly and dramatically starting last week with no change to my MN.  I thought something was wrong with it so I started of from scratch but now things are even worse.  AFAICT there's something definitely wrong.

[DudeNamedSteve]

BUYER BEWARE

As most any that has a Magnet Masternode has noticed, there has been a giant decrease in the amount of MN rewards being received.
Well I solved the mystery and Dev has yet to fix the issue.

In this POW/MN system, the block reward should be split 50/50, but Malicious miners with modified code have been able to steal all 100% of block rewards using a modified client. Most anyone with a Magnet MN will tell you that around the 17th of Jan rewards stopped flowing in. well here are some address that would explain such a event.

http://35.202.4.153:3001/address/MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH
http://35.202.4.153:3001/address/McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw

I won't go into detail as to how the code was modified but know that I may have found 3 more address doing the same.

Proceed with Caution.

Straight FUD man. Newbie account really leaves me with doubt, and this dump in price seems all too fishy. No disrespect, but can we get more details and someone to double check the findings.
I'm no core dev, but all the links you provided are dead according to the internet.

https://imgur.com/a/bykWX

Thanks for helping us understand what you believe you found, no disrespect, but please back the claim.

[DudeNamedSteve]

My experience is that the first week my MN was earning a lot of rewards but then they dropped off suddenly and dramatically starting last week with no change to my MN.  I thought something was wrong with it so I started of from scratch but now things are even worse.  AFAICT there's something definitely wrong.

I see you joined January 7th, so two weeks ago? How long is the Magnet MN stake? I'd love to understand more, screenshots of your old MN and the current.

Thanks my man! Best regards

[loki762]

My experience is that the first week my MN was earning a lot of rewards but then they dropped off suddenly and dramatically starting last week with no change to my MN.  I thought something was wrong with it so I started of from scratch but now things are even worse.  AFAICT there's something definitely wrong.

I see you joined January 7th, so two weeks ago? How long is the Magnet MN stake? I'd love to understand more, screenshots of your old MN and the current.

Thanks my man! Best regards

Yes, that's about when I started my MAG MN.  That was the good week, last week was abysmal, so I started over from scratch with a Windows cold wallet/VPS config. rather than pure VPS.  Actually, I can't even get the shots because the explorer is down.  From what I've seen so far, it looks like there are some who haven't had any change in rewards starting last week and many who have.  Good thing my CRC MN is still going strong.

[NGWM]

BUYER BEWARE

As most any that has a Magnet Masternode has noticed, there has been a giant decrease in the amount of MN rewards being received.
Well I solved the mystery and Dev has yet to fix the issue.

In this POW/MN system, the block reward should be split 50/50, but Malicious miners with modified code have been able to steal all 100% of block rewards using a modified client. Most anyone with a Magnet MN will tell you that around the 17th of Jan rewards stopped flowing in. well here are some address that would explain such a event.

http://35.202.4.153:3001/address/MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH
http://35.202.4.153:3001/address/McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw

I won't go into detail as to how the code was modified but know that I may have found 3 more address doing the same.

Proceed with Caution.

http://explorer.magnetwork.io/  = Coin Supply (MAG) of 11 969 932 MAG-units (MEZ 24012018-09:44)

What is your Problem, this sounds very fishy for me, too!!!
It seems, you want some cheap MAG´s on our costs...

Sorry, but this is the impression you communicate, "newbee" (And I´m quite sure, it´s your secound account or so, for propaganda...) !!!

[loki762]

There's something definitely wrong, you can check the discord.  A lot of users are complaining of issues.

[kruseno]

Is there any timeline on when the platform will actually be up and running?

[Achillis]

Hey everyone saw that everyone is getting nerves.  This is not the first time that miners got 100% reward early starting that also happend. But the dev dit a fantastic job on fixing it he is very involved with this project. That pulled me over to investing. Al the FUD going on right now is not getting to me at al, i am very confident that all will be solved. Many investors of new scam mn popping up like crazy will come eventually over to mag. This is a decline because lot of ppl are just seeing short term gains and now jumping over to new mn with hi ROI. But they gonna regret it. This dev posted more info than all of the other coins combined.  And be glad there is room to grow and improve where else u are gonna invest in ?

[NGWM]

Hey everyone saw that everyone is getting nerves.  This is not the first time that miners got 100% reward early starting that also happend. But the dev dit a fantastic job on fixing it he is very involved with this project. That pulled me over to investing. Al the FUD going on right now is not getting to me at al, i am very confident that all will be solved. Many investors of new scam mn popping up like crazy will come eventually over to mag. This is a decline because lot of ppl are just seeing short term gains and now jumping over to new mn with hi ROI. But they gonna regret it. This dev posted more info than all of the other coins combined.  And be glad there is room to grow and improve where else u are gonna invest in ?

Exactly!!! Thank you, pointing this out!

[bigmodul]

Really someone gets all 100% of rewards!
https://altmix.org/coins/11-Magnet/explorer/address/McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw
https://altmix.org/coins/11-Magnet/explorer/address/MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH
Maybe I'm wrong and it should be so, but I do not think so.
I am the holder of MN.
MN payments are available, but they are less than stated at https://masternodes.online/currencies/MAG/ or http://mnrank.com/.
DEV please explain why some addresses get all 100% of rewards and do not pay MN?

[THELOSTONE]

BUYER BEWARE

As most any that has a Magnet Masternode has noticed, there has been a giant decrease in the amount of MN rewards being received.
Well I solved the mystery and Dev has yet to fix the issue.

In this POW/MN system, the block reward should be split 50/50, but Malicious miners with modified code have been able to steal all 100% of block rewards using a modified client. Most anyone with a Magnet MN will tell you that around the 17th of Jan rewards stopped flowing in. well here are some address that would explain such a event.

http://35.202.4.153:3001/address/MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH
http://35.202.4.153:3001/address/McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw

I won't go into detail as to how the code was modified but know that I may have found 3 more address doing the same.

Proceed with Caution.

Well, I have a MN and I received 5 rewards of 100 MAG each, starting from 19th, so I am not sure what you discovered but whatever it was, the developer must have fixed it.

No the developer has not fixed it. Some people are still getting rewards during  Malicious miners downtime. Dev stated themselves that they were aware of issue but chose not to disclose.

[THELOSTONE]

BUYER BEWARE

As most any that has a Magnet Masternode has noticed, there has been a giant decrease in the amount of MN rewards being received.
Well I solved the mystery and Dev has yet to fix the issue.

In this POW/MN system, the block reward should be split 50/50, but Malicious miners with modified code have been able to steal all 100% of block rewards using a modified client. Most anyone with a Magnet MN will tell you that around the 17th of Jan rewards stopped flowing in. well here are some address that would explain such a event.

http://35.202.4.153:3001/address/MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH
http://35.202.4.153:3001/address/McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw

I won't go into detail as to how the code was modified but know that I may have found 3 more address doing the same.

Proceed with Caution.

Straight FUD man. Newbie account really leaves me with doubt, and this dump in price seems all too fishy. No disrespect, but can we get more details and someone to double check the findings.
I'm no core dev, but all the links you provided are dead according to the internet.

https://imgur.com/a/bykWX

Thanks for helping us understand what you believe you found, no disrespect, but please back the claim.

So the links to the Magne coins block explorer goes dead and you immediate lable me as a fudder because I have new ish account?

If you had taken the time to even look into what i posted you would have seen that no this is not fud but a serious issue that was swept under the rug.

When i originally brought it to the Devs attention he stated, " oh we have a random reward system so 6 days is normal" even though they already knew the issue existed.

as for your proof: https://imgur.com/a/O9Ms1

[THELOSTONE]

Hey everyone saw that everyone is getting nerves.  This is not the first time that miners got 100% reward early starting that also happend. But the dev dit a fantastic job on fixing it he is very involved with this project. That pulled me over to investing. Al the FUD going on right now is not getting to me at al, i am very confident that all will be solved. Many investors of new scam mn popping up like crazy will come eventually over to mag. This is a decline because lot of ppl are just seeing short term gains and now jumping over to new mn with hi ROI. But they gonna regret it. This dev posted more info than all of the other coins combined.  And be glad there is room to grow and improve where else u are gonna invest in ?

Exactly!!! Thank you, pointing this out!

Only one problem with what he is pointing out. The Dev has not fixed the problem yet and has said so himself.

Let me be clear, I am only here giving the information because Dev would take me seriously in the discord.
Take it for what it is but let not pretend we are all good to go