[ANN][MUN] Muniti: First touristic cryptocurrency - X11, D2D - Multi-algo soon

[murraypaul]

What address is the Premine in? I want to check

extract from the first post :
The address for first maildrop  is mWuwabhbmNHyYNLbQ8pzYfnFymHm5JicXf.
The address for the bounties is me4HkydLYfdH3PP2oDudqRYnpFvxuCL3K2.
The rest of the reserve for the other distributions is situated in magsvXHxvJhN3i3pEoSCPGJr5VwzFVgkrF.

http://chainz.cryptoid.info/mun/address.dws?mWuwabhbmNHyYNLbQ8pzYfnFymHm5JicXf.htm
Balance   0.0 MUN
http://chainz.cryptoid.info/mun/address.dws?me4HkydLYfdH3PP2oDudqRYnpFvxuCL3K2.htm
Balance   0.0 MUN
http://chainz.cryptoid.info/mun/address.dws?magsvXHxvJhN3i3pEoSCPGJr5VwzFVgkrF
Unknown address, not seen on the network yet.

[radi324]

What address is the Premine in? I want to check

extract from the first post :
The address for first maildrop  is mWuwabhbmNHyYNLbQ8pzYfnFymHm5JicXf.
The address for the bounties is me4HkydLYfdH3PP2oDudqRYnpFvxuCL3K2.
The rest of the reserve for the other distributions is situated in magsvXHxvJhN3i3pEoSCPGJr5VwzFVgkrF.

http://chainz.cryptoid.info/mun/address.dws?mWuwabhbmNHyYNLbQ8pzYfnFymHm5JicXf.htm
Balance   0.0 MUN
http://chainz.cryptoid.info/mun/address.dws?me4HkydLYfdH3PP2oDudqRYnpFvxuCL3K2.htm
Balance   0.0 MUN
http://chainz.cryptoid.info/mun/address.dws?magsvXHxvJhN3i3pEoSCPGJr5VwzFVgkrF
Unknown address, not seen on the network yet.

Let me get back from work and I will check on whether the address has changed. Rest assured the pre-mine is still here and safe, and that the only transfers recently done were from the smaller wallet in order to test the paper wallets. Screenshots will be provided as well just for surety's sake.

[novag]

What happens - Current Difficulty - 22?

Its Begin?

[Eastwind]

I mined a few when the difficulty was 3. I think some multipool messed up their reward system, they think it is still profitable to mine at difficulty 22. Maybe they are people behind yesterday's selling. The difficulty was about 15 when the selling started.

The unknown is 90% of the mining power now.

[murraypaul]

What address is the Premine in? I want to check

extract from the first post :
The address for first maildrop  is mWuwabhbmNHyYNLbQ8pzYfnFymHm5JicXf.
The address for the bounties is me4HkydLYfdH3PP2oDudqRYnpFvxuCL3K2.
The rest of the reserve for the other distributions is situated in magsvXHxvJhN3i3pEoSCPGJr5VwzFVgkrF.

I don't think those addresses line up with this?

http://chainz.cryptoid.info/mun/#!rich

The total of the top 5 addresses is additively what I would expect for all the premine. At first I was thinking 2 of those would have to be poloniex and bittrex - but maybe they spread out over smaller wallets for safety.

#1, #2 and #3 on the richlist are definitely coins from the premine, you can trace their transactions (from block 53553) all the way back to block 1.

http://chainz.cryptoid.info/mun/address.dws?mcgeM2eL2XrgpG9K4nCeqvTHf9KXAiidNT.htm receives the 24,334,133 million coins in block 1.
In block 422 almost all are transferred to http://chainz.cryptoid.info/mun/address.dws?mVZDni44JhVnhkKu26TE3Q98uRPrC2Waiq.htm
In block 1050 they are transferred to http://chainz.cryptoid.info/mun/address.dws?meN5b73QegEppQmwCx9fcNv4TmQTy8bGh9.htm
In block 2068 they are transferred to http://chainz.cryptoid.info/mun/address.dws?mbU4opnpyG5NoPShxCLJawbdzUPKbnnTqw.htm
In block 2070 they are split as ~7M to http://chainz.cryptoid.info/mun/address.dws?mWuwabhbmNHyYNLbQ8pzYfnFymHm5JicXf.htm and ~17M to http://chainz.cryptoid.info/mun/address.dws?mW3ou5vELkqTHs7tvQJYm66rE9u42QPy5n.htm

The address receiving the 7M is one that had been regularly mining, by the look of it.
In block 22297 the 7M transfers to http://chainz.cryptoid.info/mun/address.dws?mYx67d6MCrkbtDeRZHPj6rpWoedmWDFwFb.htm then in block 53373 to http://chainz.cryptoid.info/mun/address.dws?mX99GbGrNxaVDseC6oA1Rkzwi5Mo2bFroP.htm, then in block 53553 (now down to 6M) to http://chainz.cryptoid.info/mun/address.dws?mZXUsuy8SkrtjD5QcKgnvRJ49YPhmzcG9U.htm and in the same block (now down to 5.5M) to http://chainz.cryptoid.info/mun/address.dws?mW15iv1mMh5kN3n2JjPndUXxt6jF1mHv8Z.htm (#2). Basically 500k was split off at each point.

The ~17M was transferred in block 22294 (now down to 16.5M) to http://chainz.cryptoid.info/mun/address.dws?mTtrqAooKh44qSd8G5nQbyZNrVmgzkRFCk.htm (#1)
#3 is formed by funds split off from the movements above.

This all looks like reasonable preparation for coin distribution, breaking the premine down into smaller amount to divide between areas/people.

[novag]

How many coins will be distributed in one hand?

[radi324]

How many coins will be distributed in one hand?

156 for each household.

Here's a picture of the main wallet:



And this one is of the secondary wallet:

http://i1067.photobucket.com/albums/u429/radi324/munitisecondarywallet_zps036bfb69.jpg

As MurrayPaul explained, the only transfers were from the secondary wallet in order to test and prepare the paper wallets which will be distributed. Eventually the secondary wallet will be at 0 as the paper wallets are distributed.

[novag]

So exciting news!

Keep going!

[YBC]

One question to raise - what would Muniti do if it was subjected to a 51% attack? At the moment trading volume/ price is too low to raise much interest - but would be a concern if D2D took off as expected.

Great response from both of you above - thanks!

[IMZ]

Hey!!

We are IndiaMikeZulu, and we come in peace. Our 'Crypto Town Project' is 'regional' -- that is, it is about crypto development in Australia, which has some oddities that make 'regional co-operation' valuable.

You guys may be the only other coiners with a tourism-development project. Nice!!!

 Yes, there are commercial developments underway, but not tourism development.

So, we couuld hate each other -- we are in competition. Or . . . we could say, 'Well, let's co-operate. There is room for all.'

Do you have a travel agent accepting Muniti or Other? We are looking for one in Perth, Western Australia. Let's swap contacts!

Mark Blair, very bottom left hand corner of Australia

http://www.reddit.com/r/GotCrypto/comments/25b033/commercial_development_workshop/

[novag]

Not a bad idea by the way, I think Radi ponder your offer and take the right decision.

[fairglu]

One question to raise - what would Muniti do if it was subjected to a 51% attack? At the moment trading volume/ price is too low to raise much interest - but would be a concern if D2D took off as expected.

If it takes off, you can expect the miners to jump on it very quickly, if only because profitability pools will automatically make the switch.

[Eastwind]

One question to raise - what would Muniti do if it was subjected to a 51% attack? At the moment trading volume/ price is too low to raise much interest - but would be a concern if D2D took off as expected.

If it takes off, you can expect the miners to jump on it very quickly, if only because profitability pools will automatically make the switch.

If it takes off, I will point my miners to this coin. At present, it is not profitable to mine at difficulty 15. So I buy instead of mining here.

[novag]

Profit will be in near future.

[radi324]

Hey!!

We are IndiaMikeZulu, and we come in peace. Our 'Crypto Town Project' is 'regional' -- that is, it is about crypto development in Australia, which has some oddities that make 'regional co-operation' valuable.

You guys may be the only other coiners with a tourism-development project. Nice!!!

 Yes, there are commercial developments underway, but not tourism development.

So, we couuld hate each other -- we are in competition. Or . . . we could say, 'Well, let's co-operate. There is room for all.'

Do you have a travel agent accepting Muniti or Other? We are looking for one in Perth, Western Australia. Let's swap contacts!

Mark Blair, very bottom left hand corner of Australia

http://www.reddit.com/r/GotCrypto/comments/25b033/commercial_development_workshop/

Please contact our team on muniticoin@gmail.com with more details regarding your project. There are a lot of Maltese emigrants in Australia and we'd like to work with you. So far, no travel agent is accepting Muniti but we're certainly open to such opportunities.

On a related note - ex-Inter and ex-Argentina captain Javier Zanetti is currently in Malta, as he is a cultural ambassador for Malta. We will be trying to contact him in order to obtain an endorsement on Muniti if possible. It will be very difficult, that is certain, but if it works out - it would be a great promotional boost.

[novag]

HI Radi offer some options for the development of the coin:

1. Suggest use this coin in the banking sphere (what ever the bank), for example, use them as coupons on ebay, or something like that.
2. Create some dividends to investors of the coin.
3. Suggest your ideas for the development of a coin.

[BohemianStalker]

Coin must go proof of stake or it dies.

Thats all, thats how you create a value in national crypto - get rid of miners / daily dumpers.

[novag]

And what about the communication with public (government) services, this is the national currency?

[radi324]

And what about the communication with public (government) services, this is the national currency?

Before even remotely considering having Muniti work alongside the Euro, there is a very, very long way to go. Suffice it to say that such a proposition would only be feasible at the end of the D2D distribution.

[novag]

And what about the communication with public (government) services, this is the national currency?

Before even remotely considering having Muniti work alongside the Euro, there is a very, very long way to go. Suffice it to say that such a proposition would only be feasible at the end of the D2D distribution.

This is good because the smaller states advantageous to emphasize its independence and uniqueness, as well as attracting attention in terms of tourism and other profitable activities!