novag
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June 16, 2014, 05:55:52 PM |
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Where is Radi, he is tossed the coin?
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Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank. http://aikivindo.com.uaBTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
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YBC
Newbie
Offline
Activity: 47
Merit: 0
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June 16, 2014, 06:12:08 PM |
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Where is Radi, he is tossed the coin?
I guess so - on his message history he is actively posting on other coins but not muniti
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balu2
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June 16, 2014, 06:50:49 PM |
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I think someone tried to pump it on bittrex today - 10x price rise then fell back down
we need to build up that buysupport little by little. crazy buy-in is not good right now. maybe later when ltc turns.
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novag
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June 16, 2014, 07:22:36 PM |
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I think someone tried to pump it on bittrex today - 10x price rise then fell back down
we need to build up that buysupport little by little. crazy buy-in is not good right now. maybe later when ltc turns. If d2d frozen or dead, nothing will help.
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Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank. http://aikivindo.com.uaBTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
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balu2
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June 16, 2014, 09:06:30 PM |
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I think someone tried to pump it on bittrex today - 10x price rise then fell back down
we need to build up that buysupport little by little. crazy buy-in is not good right now. maybe later when ltc turns. If d2d frozen or dead, nothing will help. what do you mean with that? I don't understand. Spreading negativity is not needed.
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novag
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June 16, 2014, 09:11:56 PM |
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I think someone tried to pump it on bittrex today - 10x price rise then fell back down
we need to build up that buysupport little by little. crazy buy-in is not good right now. maybe later when ltc turns. If d2d frozen or dead, nothing will help. what do you mean with that? I don't understand. Spreading negativity is not needed. I mean, we wait for positive news from devs, and hope and belive in good!
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Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank. http://aikivindo.com.uaBTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
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radi324 (OP)
Full Member
Offline
Activity: 196
Merit: 100
Muniti creator
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June 17, 2014, 09:45:56 AM |
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I apologise for the lack of updates; it has been a hectic week for various reasons, most of them personal, and I had to take a step back and leave the running of affairs in the hands of the rest of the team. I'm only posting a quick update from my mobile phone as I am currently abroad. One of the Dev members has managed to contact a local programmer who is interested in the project, and the main topic was multi-algo. It is possible to fork Muniti into a coin which would utilise X13, SHA-256, sCrypt, Blake and Groestl. This would make it resistant against 51% attacks which are threatening BTC and also disallow the monopoly of ASICs, as each of the 5 algorithms would have an equal share on the net hashrate. The implementation of multi-algo however remains dependent on the value of MUN once the first phase of D2D has ended. We're currently several thousands of Euro out of pocket and while that was to be expected, it's certainly no fun. I'll update the topic title and ask one of the members to issue the multi-algo news on Twitter and on the website.
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novag
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June 17, 2014, 10:30:08 AM |
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I apologise for the lack of updates; it has been a hectic week for various reasons, most of them personal, and I had to take a step back and leave the running of affairs in the hands of the rest of the team. I'm only posting a quick update from my mobile phone as I am currently abroad. One of the Dev members has managed to contact a local programmer who is interested in the project, and the main topic was multi-algo. It is possible to fork Muniti into a coin which would utilise X13, SHA-256, sCrypt, Blake and Groestl. This would make it resistant against 51% attacks which are threatening BTC and also disallow the monopoly of ASICs, as each of the 5 algorithms would have an equal share on the net hashrate. The implementation of multi-algo however remains dependent on the value of MUN once the first phase of D2D has ended. We're currently several thousands of Euro out of pocket and while that was to be expected, it's certainly no fun. I'll update the topic title and ask one of the members to issue the multi-algo news on Twitter and on the website.
At last good news!So that's why Radi was in discussions on branch MYR, this idea is very good, but only technically implementation may not be so simple. But if everything is done MUN just fly to the moon!
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Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank. http://aikivindo.com.uaBTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
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cryptoface
Member
Offline
Activity: 67
Merit: 10
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June 17, 2014, 10:32:28 AM |
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I apologise for the lack of updates; it has been a hectic week for various reasons, most of them personal, and I had to take a step back and leave the running of affairs in the hands of the rest of the team. I'm only posting a quick update from my mobile phone as I am currently abroad. One of the Dev members has managed to contact a local programmer who is interested in the project, and the main topic was multi-algo. It is possible to fork Muniti into a coin which would utilise X13, SHA-256, sCrypt, Blake and Groestl. This would make it resistant against 51% attacks which are threatening BTC and also disallow the monopoly of ASICs, as each of the 5 algorithms would have an equal share on the net hashrate. The implementation of multi-algo however remains dependent on the value of MUN once the first phase of D2D has ended. We're currently several thousands of Euro out of pocket and while that was to be expected, it's certainly no fun. I'll update the topic title and ask one of the members to issue the multi-algo news on Twitter and on the website.
thanks for the update, and that multi algo would be great! but why are you ignoring the request of the community to show us some proof off the d2d, just send us a few photos so we can see it is actually started and then we can use those photos to spread the good news of the d2d on twitter.
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Eastwind
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June 17, 2014, 11:15:45 AM |
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thanks for the update, and that multi algo would be great! but why are you ignoring the request of the community to show us some proof off the d2d, just send us a few photos so we can see it is actually started and then we can use those photos to spread the good news of the d2d on twitter.
Maybe because he is out of the country at the moment. I hope Rad can ask his team to send him a few pictures.
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YBC
Newbie
Offline
Activity: 47
Merit: 0
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June 17, 2014, 09:31:52 PM |
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so it's adresses on place #1-#4 on the richlist, yes? I was calulculating from the ann 76mio coins total the premine for distribution (32%) is 24,3 million wallet #1 to #4 combined are holding roughly that. Maybe not a bad idea to show those adresses directly in the ann and be transparent with regular updates hoch much has been distributed already and in what way exactly. The better the transparency and accounting for with the premine the more trust you will have in the end of the day. I am confused.... if addresses #1-#4 are the premine... and the D2D distribution has already started, surely sum of 1-4 should be significantly less than 32%? More like 24%?
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griffitsj
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June 18, 2014, 11:44:32 AM |
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Come on the price is tanking. Let's see some pictures of the D2D in Malta - surely someone has a mobile phone with a camera.
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novag
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June 18, 2014, 12:26:59 PM |
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Difficulf is grow up, then prise was up!
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Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank. http://aikivindo.com.uaBTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
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axsdf
Member
Offline
Activity: 84
Merit: 10
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June 18, 2014, 12:29:59 PM |
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On a related note, another prominent Maltese magazine published an article about it.
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griffitsj
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June 18, 2014, 12:34:39 PM |
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On a related note, another prominent Maltese magazine published an article about it.
Can you provide more details - like the name of the magazine, or even better a url or scanned image. That would be great
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fairglu
Legendary
Offline
Activity: 1100
Merit: 1032
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June 19, 2014, 06:57:41 AM |
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Let's see some pictures of the D2D in Malta - surely someone has a mobile phone with a camera.
Pictures are what made this coin/thread different from the myriad others, would be nice to get more!
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YBC
Newbie
Offline
Activity: 47
Merit: 0
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June 19, 2014, 10:07:55 PM |
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Any news from anyone, or evidence of D2D? Why are 90% of all coins in the top 4 addresses if they should have already been distributed? http://chainz.cryptoid.info/mun/#!rich
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novag
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June 20, 2014, 06:43:55 AM |
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Any news from anyone, or evidence of D2D? Why are 90% of all coins in the top 4 addresses if they should have already been distributed? http://chainz.cryptoid.info/mun/#!rich Good question, wait answer from Radi!
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Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank. http://aikivindo.com.uaBTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
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griffitsj
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June 22, 2014, 06:50:02 AM |
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The OP gives the wallet address of the first distribution. The balance of that wallet is zero and the transactions show it has been split up into lots of small chunks of 24mun. Looks ok to me from a short glance.
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Eastwind
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June 22, 2014, 02:57:51 PM |
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Any news from anyone, or evidence of D2D? Why are 90% of all coins in the top 4 addresses if they should have already been distributed? http://chainz.cryptoid.info/mun/#!rich Good question, wait answer from Radi!It is a staged distribution. It will take many months. So most the coins should still be in the known wallets. From the OP Coin distribution: details The total number of coins will be 76000000. 32% of them will be premined, i.e. 24182000. 1% of the pre-mine will be reserved for l-Istrina. According to the latest census, there are 150141 private households. Each household will be receiving 156 Muniti. Our team's rigs will also be mining Muniti, which reserve will be dedicated for bounties and logistics. The distribution will initiate on the 5th of June, 2014. The first distribution will consist of 30% of each household's total entitlement, meaning that every household will receive 47 Muniti. The distribution will take place over a period of 30 days, sending out the paper wallets locality by locality. This will ensure that the distribution takes place step by step and in piecemeal fashion. The second part of the distribution will start on the 16th of August, 2014, which is the morrow of a national holiday: the Holy Feast of St. Mary. On this day in 1942, a British convoy managed to make it to the Grand Harbour at the end of WWII, saving the Maltese people from famine after being bombarded by the enemies for a long period of time, cutting off all supplies and help from outside. The second distribution will consist of 28% of each household's total entitlement, meaning that every household will receive 44 Muniti. The same method and length of time as the first distribution will be used. The third distribution will take place on the 9th of December, 2014, which is another day following a national holiday - "Il-Vitorja" (the Victory). Another 28% of each household's entitlement will be distributed, which amounts to 44 muniti. The final distribution will take place on the 11th of February, and will consist of the remaining 14% of the entitlement, amounting to 22 Muniti. 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.
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