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

[idev]

MAG is going Stellar! Read more here - https://magnetwork.io/mag-goes-stellar/







X11 POS+Masternodes Network
https://magnetwork.io/



Growing through sustained development, we strongly focus on community.
Our network has been built to harness the full power of blockchain technology and drive forward
with new, innovative ideas which fully explore the opportunity blockchain presents.

We aim to engage users and investors with a full suite of strong progressive and advanced features.
We are also highly committed to operating a robust and stable network and
providing strong support through user-friendly documentation and social engagement.




Name: MAGNET
Ticker: MAG



Algoritm:  x11
Type: Hybrid POS

Block Time: 60 Seconds
Difficulty Retargeting: Every Block
Total Supply: Ongoing / 60 million maturing by year 2028
Premine: 250 000 MAG for Network Nodes
Masternode Collateral: 10 000 MAG
POS Rewards: For a detailed breakdown and 121 months projection visit this link.
Minimum Staking Age: 60 min
POS Algo: X11








MORE AVAILABLE WALLET VERSIONS HERE

We have now updated the wallet so the seeds initialization is automatic.
The wallet will first connect to our DNS seeds initializers to discover active nodes then fallback to a list of hardcoded nodes should it fail.
Note that the process may take a few minutes to initialize and start syncing but is now fully automated.

---

To Access Magnet Wallet Data Folder

Win
Locate folder %Appdata%/Mag

Linux
Ctrl+H in Home folder should reveal .mag folder.
If not - start the wallet and close to create it.

Mac OS X
Alt(Option) + Finder > GO > Library.
When the Library opens find Application Support > Mag

-



Source Code
GitHub

Discord
https://discord.gg/EtEGyEn
For technical attention and problem solving join Discord and find #tech-support channel

Twitter
https://twitter.com/magnetwork_io

Telegram
https://t.me/magnetwork_io

Explorer
https://explorer.magnetwork.io/
http://explorer2.magnetwork.io/


Masternode Setup Guide
Official Guide

Tools
https://magnetwork.io/checkmn/
https://www.litemint.com
-
https://bitgoal.io/
https://masternodes.talium.tech/magnet.html
https://masternodes.online/
http://mymasternode.com/
http://mnrank.com/




MAGNET is available to trade on

www.cryptopia.co.nz

www.coinexchange.io

www.stellarport.io

www.bitebtc.com

-

Magnet devs posting in this thread: idev and blockonomy

www.magnetwork.io

[dunca.marin]

others... exhanges dou you plan..?

[johntwo]

OP says "No Premine"

Already at block 9900+ and 250 GH/s.  Minutes from launch.

Scam.

[crypt0biwan]

OP says "No Premine"

Already at block 9900+ and 250 GH/s.  Minutes from launch.

Scam.

too bad, liked the ANN at first..

[nyo_x]

OP says "No Premine"

Already at block 9900+ and 250 GH/s.  Minutes from launch.

Scam.

too bad, liked the ANN at first..

same, out

[HizzoP]

sinchronize wallet with 3 week history.It is second announce?

[olkah]

https://www.virustotal.com/ru/file/d6b9e091a698b47dc54fe4473578fe0e583a21f3768820fdb40da617e898c3f8/analysis/1510684674/

[Children of Gaia]

No Premine

250k genesis block and 3 weeks of hidden mining. GET OUT.

[olkah]

DEV EXCHANGE +
THE EXACT NUMBER MONTH AND YEAR

[Brucelats]

OP says "No Premine"

Already at block 9900+ and 250 GH/s.  Minutes from launch.

Scam.

We have been setting up the masternodes (and actually still are) for the network to be stable from the start. This is the standard procedure for setting up networks.
The same goes for the hashrate - this is needed for the network to be safe from outside attacks.

Most of the coins that were mined during testing the mainnet period will be sold cheaply on the exchange once its established.

Why are you so stupid. You make nice looking wallet, you have decent looking ANN and seems like you know ur stuff, but obviously you are idiot. If you say premine then on launch we start from block 0. ALso you have 250k coins and will make 25 MASTERNODES so you will reduce profits of every investor by A LOT.

And what is nicehash port?? wtf is this, not everyone have asics.

[Angelo38]

Do not reach or download the wallet and I leave
The premine left the difficulty very high

[nyo_x]

OP says "No Premine"

Already at block 9900+ and 250 GH/s.  Minutes from launch.

Scam.

We have been setting up the masternodes (and actually still are) for the network to be stable from the start. This is the standard procedure for setting up networks.
The same goes for the hashrate - this is needed for the network to be safe from outside attacks.

Most of the coins that were mined during testing the mainnet period will be sold cheaply on the exchange once its established.

Why are you so stupid. You make nice looking wallet, you have decent looking ANN and seems like you know ur stuff, but obviously you are idiot. If you say premine then on launch we start from block 0. ALso you have 250k coins and will make 25 MASTERNODES so you will reduce profits of every investor by A LOT.

And what is nicehash port?? wtf is this, not everyone have asics.

+9900 blocks * 200 = 1 980 000

[johntwo]

No Premine

250k genesis block and 3 weeks of hidden mining. GET OUT.

Testing period was around 10 days and not 3 weeks. If You are trying to raise FUD then please at least be precise.
Masternode network without previously setup masternodes cannot work and be safe for users. Common practice is to setup masternodes before going public.

There have been couple of incidents where testnet safe network did not perform well in real environment so that was our decision to run mainnet for 10 days and see how it performs.

The fact of the matter is:

1) You lied when you said no pre-mine because of genesis block

2) You have admitted you are going to sell coins on the exchange, which is a dev dump.

3) Your excuses are shitty, you could have used a testnet.  Or you could have run the mainnet for only a day or a few hours.  Or you could have tested with mainnet then re-launched with same parameters.

Pre-mines are allowed in crypto.  Lying about them, then being defensive when called out, is not.  You will probably get some hopeful suckers to mine and buy your coin, so you will still profit.  But I hope the majority here will not support it.  You should feel ashamed.  Your excuses about security concerns are silly, as no one is attacking a coin this young, and you have over-centralized the coin for yourself, WHICH IS JUST AS DANGEROUS BECAUSE IT MEANS YOU CONTROL THE NETWORK.

Scam.

[AlexaUA]

No Premine

250k genesis block and 3 weeks of hidden mining. GET OUT.

Testing period was around 10 days and not 3 weeks. If You are trying to raise FUD then please at least be precise.
Masternode network without previously setup masternodes cannot work and be safe for users. Common practice is to setup masternodes before going public.

There have been couple of incidents where testnet safe network did not perform well in real environment so that was our decision to run mainnet for 10 days and see how it performs.

How much premine? Node for sync?

[Twinkledoe]

We have been setting up the masternodes (and actually still are) for the network to be stable from the start. This is the standard procedure for setting up networks.
The same goes for the hashrate - this is needed for the network to be safe from outside attacks.

Most of the coins that were mined during testing the mainnet period will be sold cheaply on the exchange once its established.

Why are you so stupid. You make nice looking wallet, you have decent looking ANN and seems like you know ur stuff, but obviously you are idiot. If you say premine then on launch we start from block 0. ALso you have 250k coins and will make 25 MASTERNODES so you will reduce profits of every investor by A LOT.

And what is nicehash port?? wtf is this, not everyone have asics.

I think if the dev is really serious in bringing this project on the table, he will answer the above statement in a diplomatic way, in which, the reason behind doing such act will be reasonable here.

Maybe just transparency is needed to gain his loyal supporters so as not to receive accusations from left to right. And maybe thru time, he will prove that his coin is worth mining.

[g0atios]

Super clueless... disappointed. Had a really good looking ANN then you drove it right off a cliff

[johntwo]

LOL, how does a HERO member on Bitcointalk not understand how this works?

I will say, at least he's a honest about dumping over 1.9M coins once exchange hits..

Most of the coins that were mined during testing the mainnet period will be sold cheaply on the exchange once its established.

I think account sales are allowed on BitCoinTalk.  I don't know if it's a bought account (I have no reason to think it is), but you can easily imagine that the account rank possibly has nothing to do with the level of knowledge about Crypto.

[olkah]

WE NEED MORE POOL

[Children of Gaia]

Testing period was around 10 days and not 3 weeks. If You are trying to raise FUD then please at least be precise.
Masternode network without previously setup masternodes cannot work and be safe for users. Common practice is to setup masternodes before going public.

There have been couple of incidents where testnet safe network did not perform well in real environment so that was our decision to run mainnet for 10 days and see how it performs.

I don't want to argue, but I think that "no premine" means fair start from 0 block. There is 250k genesis block and almost 10k blocks instamine, so be honest - delete "no premine" from announce.
Anyway good luck and bye, I am out.

[Crypt0Greek]

OP says "No Premine"

Already at block 9900+ and 250 GH/s.  Minutes from launch.

Scam.

too bad, liked the ANN at first..

and out of the blue the ANN title was changed ! lol