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Author Topic: [ANN] MagicCoin.io | MAGE - 神奇硬币 | Only 3,750,000 Coins will be sold (ICO)  (Read 9432 times)
delarey
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January 02, 2018, 08:28:42 AM
 #101

dude, does not matter who gets the block, the pool payout is proportional. Every block is only 0.5 MAGE, check the block explorer.
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delarey
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January 02, 2018, 08:47:46 AM
 #102

I have already paid out over 100MAGE from my own wallet because of orphaned blocks and you still call me a scammer. Dude, get a grip. This has cost me a lot of money which is why I stopped the pool.
casanovam
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January 02, 2018, 10:05:31 AM
 #103

Pool offline. Paying wallet now for shortfall.

Status: 0/unconfirmed, broadcast through 8 nodes
Date: 02/01/2018 09:30
To: Pool-Wallet Mi528BtwjzRBuQuWATSaRiVESbWxmgNbDi
Debit: -115.00 MAGE
Transaction fee: -0.0001 MAGE
Net amount: -115.0001 MAGE
Transaction ID: dcb160ffd8205d6ce596d6e6c9c302f683cd14a0da037fcb8528ba22e646d2fe

Now I will restart the pool so payments are processed. give it a few minutes for my transfer to be confirmed.

Will the pool work? I see that the shake is shaking, but nothing comes to the wallet.
delarey
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January 02, 2018, 11:13:04 AM
 #104

The shake is shaking? WTH? I don't understand this. There is noone at my pool as it is not online, at least not to the public, at least when the coin daemon takes exorbitant transfer fees, I will owe myself and not you guys. Sorry, but I cannot run a pool for everyone if it is going to cost instead of make money, especially such a high amount. I made a loss of over $600 by running the pool for 1 day publicly. I will spawn pools again for other coins, but definitely not this one. I suspect we are all being scammed considering the wallet is now in maintenance mode at Cryptopia and the stated reason references some article about Coin of the Magi (XMG).

I have logged a support ticket with Cryptopia, but I suspect that this is something similar to what is going on with Bitmark for the last 14 months.

Please, if anyone from the MagicCoin team is still monitoring this, explain what on earth is going on.

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January 02, 2018, 11:17:24 AM
 #105

You decide don't publish enough amount of information, it's good, you decide do it in language that we don't understand, it's very good. GJ
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January 02, 2018, 11:36:43 AM
 #106

Can someone with the knowledge explain how to solo mine or where to download the tools?

On a different note, I believe delarey is legit, although I don't understand why he feels obliged to compensate for orphaned blocks.
delarey
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January 02, 2018, 11:58:05 AM
 #107

"addr" : "139.99.106.136:9091",

"addr" : "207.246.122.119:9091",

"addr" : "45.63.13.83:9091",

"addr" : "45.43.21.172:9091",

"addr" : "104.207.155.138:9091",

"addr" : "45.77.87.191:9091",

"addr" : "38.130.225.242:9091",

these are all active peers. put the addresses in your magiccoin.conf file as:

addnode=address
addnode=address

on per line

eg.
addnode=207.246.122.119
addnode=45.63.13.83

You get the picture, I am sure


delarey
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January 02, 2018, 11:58:52 AM
 #108

Solo mining would be futile unless you have a warehouse full of GPUs. You need a stratum server to mine with ASICs.
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January 02, 2018, 12:28:38 PM
 #109

http://pool.hashfarm.co.za does not work ((

Is there another pool?
delarey
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January 02, 2018, 01:19:50 PM
 #110

no, the pool has been shut down for now. I will only start another pool once we get some clarity from the Dev team about some incorrect behaviour from the wallet and a status on the Cryptopia deposits. If we start a new pool it will be MPOS so everyone can manage their own payouts and see their profit. Only way not to have accusations of fraud and what not.
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January 02, 2018, 01:29:26 PM
 #111

Here is the Exact message on Bitcointalk. It seems that they have indeed disabled the wrong coin. LOL


   
Re: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]
December 30, 2017, 06:28:57 AM
Reply with quote  #21545
m-wallet version v1.4.5.1

Hard fork will take place at block #1606950. See below for the details of hard fork.

Qt-Wallet and Daemon:

https://github.com/magi-project/magi/releases
http://m-core.org/download/
http://m-core.org/bin/m-wallet-1.4.5.1/

Source code: https://github.com/magi-project/magi/

Windows: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-win.zip
Linux: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-linux.tar.gz
Mac OS X: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-osx.dmg
FreeBSD: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-freebsd.tar.gz

Block chain: http://m-core.org/bin/block-chain/

v1.4.5.1
=============
This release schedules a hard fork at block #1606950 as a solution to the current mining issue that miners cannot mine blocks:

- The PoW / PoS block generation rule is disabled.

- Difficulty adjustment algo switches back to MQW at #1606948.

- Block drift time is limited within 5 min.

- Remove IRC and add DNS seeds.

Quick guide:

- Windows: unpack the files and run the wallet directly;
- Mac OS: unpack the files and copy to the Application folder, and then run the wallet directly;
- Linux: unpack the files and run the wallet directly.

Quick startup I (without touching the block-chain):

0) Backup wallet.dat;
1) Launch the new wallet.

Quick startup II (replacing the block-chain):

0) Backup wallet.dat;
1) Download block-chain data from here: http://m-core.org/bin/block-chain;
2) Delete all of the contents under the .magi (unix-like system) or Magi (OS X or Windows) folder, except for wallet.dat and magi.conf;
3) Unzip the file and copy the folders under "m-block-chain" into the .magi (unix-like system) or Magi (OS X or Windows) folder;
4) Launch the new wallet.

Note to v1.4.5.1
---------------------
v1.4.5.1 is compatible with the current block chain.

Things explained..

Firstly, I admit what's going on isn't good to the situation, and I do see there are needs of further works to fulfill the purpose of the coin.

There is no rollback. I learned few requests about actions on the miners who mined (future) blocks that the generic miners can't mine, and for that, rollback is one of the approaches. However, taking into account the overall situation that time to time transactions are involved, especially exchanges, there will be more damage to the coin when we cease the chain or perform a rollback.

As explained shortly in previous post, what happens is associated with the PoW / PoS rule in combination with the fact that 2-hour future blocks allowed as in the original design. I do see in this rule weakness because of the PoW block generation capable of being on a 10-min pattern without the PoS blocks. The another feature of MAGI's network that is intentionally kept at low hash rate comes a likability that one with a reasonable amount hash can launch a future block attack, the chance of this is increased by a fact that generic users can't make valid blocks owing to the PoW / PoS rule; these blocks are supposed to reset the block time.

By overviewing the situation, I see there is a difficulty in maintaining low-hash rate network, as individuals can always acquire big hash rate. In contrast, advantage lies in a network with huge amount of hash that individuals can't compete with. Nevertheless, it's not our intention to compromise the purpose because of the weakness. The PoS is supposed to dilute such weakness; I'm seeing the merit of the PoW / PoS rule when used beautifully. We shall make efforts on this aspect.

Let us know any questions / suggestions.
herma
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January 03, 2018, 06:06:08 PM
 #112

Here is the Exact message on Bitcointalk. It seems that they have indeed disabled the wrong coin. LOL


   
Re: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]
December 30, 2017, 06:28:57 AM
Reply with quote  #21545
m-wallet version v1.4.5.1

Hard fork will take place at block #1606950. See below for the details of hard fork.

Qt-Wallet and Daemon:

https://github.com/magi-project/magi/releases
http://m-core.org/download/
http://m-core.org/bin/m-wallet-1.4.5.1/

Source code: https://github.com/magi-project/magi/

Windows: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-win.zip
Linux: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-linux.tar.gz
Mac OS X: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-osx.dmg
FreeBSD: http://m-core.org/bin/m-wallet-1.4.5.1/m-wallet-1.4.5.1-freebsd.tar.gz

Block chain: http://m-core.org/bin/block-chain/

v1.4.5.1
=============
This release schedules a hard fork at block #1606950 as a solution to the current mining issue that miners cannot mine blocks:

- The PoW / PoS block generation rule is disabled.

- Difficulty adjustment algo switches back to MQW at #1606948.

- Block drift time is limited within 5 min.

- Remove IRC and add DNS seeds.

Quick guide:

- Windows: unpack the files and run the wallet directly;
- Mac OS: unpack the files and copy to the Application folder, and then run the wallet directly;
- Linux: unpack the files and run the wallet directly.

Quick startup I (without touching the block-chain):

0) Backup wallet.dat;
1) Launch the new wallet.

Quick startup II (replacing the block-chain):

0) Backup wallet.dat;
1) Download block-chain data from here: http://m-core.org/bin/block-chain;
2) Delete all of the contents under the .magi (unix-like system) or Magi (OS X or Windows) folder, except for wallet.dat and magi.conf;
3) Unzip the file and copy the folders under "m-block-chain" into the .magi (unix-like system) or Magi (OS X or Windows) folder;
4) Launch the new wallet.

Note to v1.4.5.1
---------------------
v1.4.5.1 is compatible with the current block chain.

Things explained..

Firstly, I admit what's going on isn't good to the situation, and I do see there are needs of further works to fulfill the purpose of the coin.

There is no rollback. I learned few requests about actions on the miners who mined (future) blocks that the generic miners can't mine, and for that, rollback is one of the approaches. However, taking into account the overall situation that time to time transactions are involved, especially exchanges, there will be more damage to the coin when we cease the chain or perform a rollback.

As explained shortly in previous post, what happens is associated with the PoW / PoS rule in combination with the fact that 2-hour future blocks allowed as in the original design. I do see in this rule weakness because of the PoW block generation capable of being on a 10-min pattern without the PoS blocks. The another feature of MAGI's network that is intentionally kept at low hash rate comes a likability that one with a reasonable amount hash can launch a future block attack, the chance of this is increased by a fact that generic users can't make valid blocks owing to the PoW / PoS rule; these blocks are supposed to reset the block time.

By overviewing the situation, I see there is a difficulty in maintaining low-hash rate network, as individuals can always acquire big hash rate. In contrast, advantage lies in a network with huge amount of hash that individuals can't compete with. Nevertheless, it's not our intention to compromise the purpose because of the weakness. The PoS is supposed to dilute such weakness; I'm seeing the merit of the PoW / PoS rule when used beautifully. We shall make efforts on this aspect.

Let us know any questions / suggestions.

This is the topic of coin MagicCoin (MAGE) is not coin Magin Coin, pleade dont post MAGI Coin on here
Andrey123
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January 09, 2018, 07:17:32 AM
 #113

Why did the price drop from $ 100 to $ 3?
Coin scam?

Hello! Voluntary donations that will go towards the development of my coin.
34bwEhH3GMx6swYXt2NBfFbYGkdTcaWtXz....BTC

sd1
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January 09, 2018, 08:04:13 AM
 #114

Why did the price drop from $ 100 to $ 3?
Coin scam?
normal for small volume coins...
should be temporary.
thienytcc88
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January 10, 2018, 02:33:18 AM
 #115

Why did the price drop from $ 100 to $ 3?
Coin scam?
Not sure. But it is really an opportunity of longterm investment. Just try to hold for long time.
GoldSeal
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January 12, 2018, 01:10:58 AM
 #116

So I put 154 mage in a wallet. Has anybody figured out how staking should work? Is this expected to generate an additional 7.5 coins every 12 hours?

Moving to Puerto Rico...
sd1
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January 12, 2018, 12:56:21 PM
 #117

IS there a block explorer?
Tabushov
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January 12, 2018, 09:07:13 PM
 #118

where is the bottom of this coin?
the price goes lower and lower !!!
herma
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January 13, 2018, 10:28:39 AM
 #119

where is the bottom of this coin?
the price goes lower and lower !!!
Do not worry that the price at the bottom will not fall deep, wait 8 days for the lending program to start.

MAGE is in its first program and will be available after 90 days
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January 13, 2018, 09:03:19 PM
 #120

Anyone can confirm that at the moment the POS actually works? What is the sequence of actions for this?
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