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Author Topic: [ANN][MAX] MAXcoin - PoW, ASIC Resistance, Keccak GPU Mining  (Read 914105 times)
maxcoinproject (OP)
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June 21, 2017, 11:49:17 PM
 #10461

I'm Josh, a member of the Maxcoin foundation that developed when the old team (Murphy, Luke, Alex, and others) left. We created a Foundation blog with a roadmap and updates, a bounty to raise funds for development, hired a dev to create an explorer, and tried to get a mobile and web wallet for Maxcoin. Our Slack was always open to the public and we often helped people with their wallet issues. I even created the Maxcoin gold cards with my own money and aimed to offer them as rewards on a StartJOIN project to raise funds to get Maxcoin on Coinomi. It all fell apart for one reason or another. It was very, very difficult and expensive to find a developer to work on Maxcoin because if its unique Schnorr signatures algorithm. The server to run the explorer and other sites became expensive and after a year of bills, we informally disbanded. 

It was a labor of love but I've wanted out for a long time. So, I'm willing to hand over all Maxcoin ownership (domain, this bct account, github access, etc) to a reasonable and polite person that emails me with their real name. If you want to relaunch this gig, I won't stand in your way - in fact, I'll help you in every way I can. I just don't appreciate being accused of dragging this community and coin down. The other Foundation members can testify to my and their good will to make this thing work, and to the tremendous difficulty to succeed after the former team bailed and shut off communication (except for Luke - he was helpful).

Regarding the present salient issues...

The private keys refer to a centralized checkpoint server that was run by a member (Alex) of the first Maxcoin team. He also designed the current website that some of you are calling garbage. When Alex disappeared, it left a security risk because not only was there no checkpoint server protecting against 51% attacks, but if the new team decided to put it back online with the keys Luke provided me, there was still the risk of the rogue Alex putting his back on online and forking the chain. We decided to leave it as is rather than causing alarm. We tried multiple times to contact Alex to ensure us that he intends no malice and would not relaunch his checkpoint wallet. No replies. He also ran Maxcoin News, which he shut down after disappearing.

The Keiser Coins page was well received by the former Maxcoin and current Startcoin communities. It documents the shenanigans of Max and Karl, and I stand by it 100 percent. But I've restored the current site at the official legacy maxcoin.co.uk domain because I'm willing to work with the next team to transfer ownership. I included the warning about the checkpoint private keys because I don't want to see noobs fleeced by Keiser's renewed Maxcoin hype. Until it's fixed, you all need to know - especially the new team. You'll need to release new wallets with an updated private key, or remove that checkpoint functionality altogether. Happy to get you in touch with another old Foundation member who knows more than I.

Josh
maxcoinproject@gmail.com

Algorithm: Keccak (SHA-3) / Generation: 100 million MAX | Block time: 1 minute / Block Rewards: 8 coins per block / Halving every ~4 years | Premine: Zero – not premined / Fees: Zero – no transaction fees ( close to zero ) | Difficulty: Retargets every block. | MAX Speed. MAX Security. MAX Protection. MAXcoin.
BookerT
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June 22, 2017, 12:39:25 AM
 #10462

Well thank you for your reply, sometimes it needs STHF to get the nitty gritty, its certainty is not personal, I think we appreciate your honesty in this matter and your past efforts.
It seems you was caught up in a massive shit storm and a negative crypto market, a no win situation.

Jaerin
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June 22, 2017, 01:55:14 PM
 #10463

Still no deposits on Yobit.  This is looking super clean and organized...
FlungSpun
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June 22, 2017, 02:47:03 PM
Last edit: June 22, 2017, 03:39:31 PM by FlungSpun
 #10464

Still no deposits on Yobit.  This is looking super clean and organized...

If YoBit sync is now at block 1863797
Couple of questions you need to ask yourself.

What is current height of maxcoin blockchain?
which block is my deposit transaction on?
Then you will know when to get concerned.

Jaerin
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June 22, 2017, 03:58:50 PM
 #10465

Still no deposits on Yobit.  This is looking super clean and organized...

If YoBit sync is now at block 1863797
Couple of questions you need to ask yourself.

What is current height of maxcoin blockchain?
which block is my deposit transaction on?
Then you will know when to get concerned.



I'm not concerned, IF I get to trade my maxcoin it's all bonus.  Prior to this it was a dead coin with no exchanges trading it so basically worthless.

Where do you see the sync level of the blockchain on Yobit?
FlungSpun
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June 22, 2017, 04:53:28 PM
 #10466

Still no deposits on Yobit.  This is looking super clean and organized...

If YoBit sync is now at block 1863797
Couple of questions you need to ask yourself.

What is current height of maxcoin blockchain?
which block is my deposit transaction on?
Then you will know when to get concerned.



I'm not concerned, IF I get to trade my maxcoin it's all bonus.  Prior to this it was a dead coin with no exchanges trading it so basically worthless.

Where do you see the sync level of the blockchain on Yobit?
I quite like this about Yobit

In the popup that gives you your deposit address

DEPOSIT MAX
Wallet status: Online (1890808 blocks)
mQBB78Cs57rkRfRsdWrD7Ud6sDTwtRym2S      <<< feel free to donate to my trading fund!!!!! haha Smiley

Max @ 2068260 .... still too early for the popcorn
FlungSpun
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June 23, 2017, 07:12:09 AM
 #10467

Yobit deposits up n ready
saLve88
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June 23, 2017, 04:37:52 PM
 #10468

Why on jubi Is the deposit closed?
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June 23, 2017, 04:46:17 PM
 #10469

Why on jubi Is the deposit closed?
Shenanigans!
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June 23, 2017, 04:53:47 PM
 #10470

Price yobit undervalued or this is the price of MAXCOIN?
addbtc
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June 23, 2017, 05:14:20 PM
 #10471

Kind of frustrating that maxcoin on Yobit is trading at 5-10% of the value on Jubi. I guess I have no choice but to buy maxcoin on Yobit.
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June 23, 2017, 05:18:33 PM
 #10472

Price yobit undervalued or this is the price of MAXCOIN?

Hype vale of MAX @ Jubi

Actual interest in coin on the open market @ YoBit

Would not surprise me in the least the someone somewhere is watching Jubi Sync height (or know exactly when deposits wil suddenly appear)
while skimming up cheap MAX.

Mass sell, crash, poof, over. ..... I could be wrong

Any takers?
rafaeldelrey
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June 23, 2017, 05:50:23 PM
 #10473

I am new to this crytocoin stuff.  I have been using MinerControl and it has mined (through MiningPoolHub) some MaxCoin a couple of days ago. I noted it doesnt auto-exchanged to bitcoin.   Then MiningPoolHub reported it as having a 0.0 profit and market.   WhatToMine also reports it as zero market.  I have just installed the wallet shown in the first post in this topic, but it cant sync with the network.  I saw some discussions above.  Is there a way to convert these MAX to another coin currently?  Could you summarize what happened and what is expected?  I am just trying to learn and figure out the risks of this cryptocoin area.

thanks
MaxLover
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June 23, 2017, 09:46:48 PM
 #10474

It's nice to see that MaxCoin is Kickin' again!  Cool
MaxLover
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June 23, 2017, 10:11:05 PM
 #10475


After 40 confirmations my coins still don't appear on yobit.net
MaxLover
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June 23, 2017, 10:17:52 PM
 #10476


After 40 confirmations my coins still don't appear on yobit.net

Update: After a few more minutes my coins showed up.

Happy trading!  Cool
Equalizer1970
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June 24, 2017, 04:14:21 AM
 #10477

Big discrepancy in price between the Chinese exchange and yobit. Too bad there's no opportunity for arbitrage.

Also, Max was shilling Maxcoin on InfoWars today. Was touting the price as being 25 cents. At least he still loves his own coin.
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June 24, 2017, 10:49:47 AM
 #10478

anyone know how to get a recent/working wallet for maxcoin on mac osx ?

my old one no longer sync's.. so i have some coins from a few years back that i mined but no access to them..
Hyperjacked
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June 24, 2017, 02:14:06 PM
Last edit: June 24, 2017, 02:28:57 PM by Hyperjacked
 #10479

Hey Max Keiser... You in da house?

Let's do something with this coin  Cool

Sign me up...  Grin

Jack
@ohyperjacked

@Hyperjacked1 Twitter
kelly153
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June 24, 2017, 04:44:21 PM
 #10480

$btc = $2600, you missed the boat
$ltc = $43, you missed the boat
$eth = $312, you missed the boat
$max = less than $1
Wake up! Less than $1!

 Wink
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