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Author Topic: [ANN] Medusa Coin - POW + POS + Masternode  (Read 563 times)
MedusaMMC (OP)
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November 28, 2024, 02:18:34 AM
Last edit: November 29, 2024, 02:29:08 PM by MedusaMMC
 #1

Hello, this is just a brief description as we were preparing to make this complete but today the dev setup the github with the wallets and eagle eyed miners and / or masternode lovers have found the wallets and started mining already  Grin so here is the coin basics and we will get the socials added in the next few hours , in the mean time happy mining already!

Medusa Masternode Coin:

ALGO: QuarkHash

BLOCKTIME: 60 Sec

MATURITY: 100 Blocks

MAX SUPPLY: 21 Million

PREMINE: 210,000 (1%)

POW: Block 1 - 100000

POS: Block 100001 -->

MASTERNODE COLLATERAL: 5000

REWARDS POW: 2.1 COIN

REWARDS POS: 10 COIN

More to be updated.


Mining pool: -a quark -o stratum+tcp://eu.coin-miners.info:3500 -u WALLET_ADDRESS.WORKER_NAME -p c=MMC

for solo mining use this as a password -p c=MMC,m=solo

https://pool.coin-miners.info/

to check your mining status https://pool.coin-miners.info/?address=


Discord: https://discord.gg/wKyDh9jaD9
Explorer: http://134.209.197.211:3001/
Wallets - Linux - Windows - MacOS https://github.com/MedusaMMC/Blockchain/releases
scorpio18
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November 28, 2024, 09:20:33 AM
 #2

This is a bit too shady. There is no website, no Explorer, no Discord, etc. I won't recommend you guys running the Windows wallet.

MedusaMMC (OP)
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November 28, 2024, 09:28:26 AM
 #3

Please re read the first post as to why its announced early. Explorer, discord, etc all on the way. Already 750 blocks mined and hashrate is increasing quickly.
scorpio18
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November 28, 2024, 09:37:54 AM
 #4

Please re read the first post as to why its announced early. Explorer, discord, etc all on the way. Already 750 blocks mined and hashrate is increasing quickly.

Sorry to say this, but that's just a shity excuse. How did the miners or masternode lovers find your coin on Github when they don't even know your coin name? You can easily reset the chain with a new genesis block.

Why did you let your dev upload the source code early when the website or explorer is not ready yet? That's just a miscommunication, and it means you are not fit to be a coin leader.

MedusaMMC (OP)
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November 28, 2024, 09:57:24 AM
 #5

Thankyou for your suggestion, and opinions, wishing you a great day.
samwang0829
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November 28, 2024, 10:14:25 AM
 #6

I have downloaded your wallet for several hours now, but I still can't start mining. When will I be able to mine? Please speed up!
MedusaMMC (OP)
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November 28, 2024, 11:48:06 AM
 #7

Block explorer added - Still in progress but it is functional now
THE509KING
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November 28, 2024, 04:47:55 PM
 #8

how would i start mining this? sorry noob question
MedusaMMC (OP)
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November 28, 2024, 06:05:26 PM
 #9

You would need to join a mining pool when we are added to one, people are mining now but have not shared if its a joinable pool or solo miners
THE509KING
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November 28, 2024, 06:09:50 PM
 #10

You would need to join a mining pool when we are added to one, people are mining now but have not shared if its a joinable pool or solo miners

i would like to solo do i use the wallet or do i use a mining software
MedusaMMC (OP)
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November 28, 2024, 06:24:22 PM
 #11

You can mine in the wallet using debug window using setgenerate true and your number of CPUs threads example:

setgenerate true 32

I am waiting the proper guides to come from the developer with all mining possibilities
THE509KING
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November 28, 2024, 06:38:59 PM
 #12

You can mine in the wallet using debug window using setgenerate true and your number of CPUs threads example:

setgenerate true 32

I am waiting the proper guides to come from the developer with all mining possibilities


thanks Grin
MedusaMMC (OP)
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November 29, 2024, 08:13:36 AM
 #13

Discord channel added, chain now reached 2000 blocks.
MedusaMMC (OP)
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November 29, 2024, 02:28:38 PM
 #14

Mining pool: -a quark -o stratum+tcp://eu.coin-miners.info:3500 -u WALLET_ADDRESS.WORKER_NAME -p c=MMC

for solo mining use this as a password -p c=MMC,m=solo

https://pool.coin-miners.info/

to check your mining status https://pool.coin-miners.info/?address=
samwang0829
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November 29, 2024, 03:33:18 PM
 #15

Mining pool: -a quark -o stratum+tcp://eu.coin-miners.info:3500 -u WALLET_ADDRESS.WORKER_NAME -p c=MMC

for solo mining use this as a password -p c=MMC,m=solo

https://pool.coin-miners.info/

to check your mining status https://pool.coin-miners.info/?address=

good
primecoredev
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December 17, 2024, 01:51:04 PM
 #16

You can mine in the wallet using debug window using setgenerate true and your number of CPUs threads example:

setgenerate true 32

I am waiting the proper guides to come from the developer with all mining possibilities

60% block reward for Masternodes and 40% for POS after Block height 100000? correct me if I'm wrong please
MedusaMMC (OP)
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December 21, 2024, 10:37:05 AM
 #17

Yes that is correct 👍
primecoredev
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December 21, 2024, 09:24:28 PM
 #18

Yes that is correct 👍
Excuse my curiosity, but how are you going to fund the project? I see there is a premine 1% (I think that's not enough to fund it), there is no dev percent and address there, or will you subtract some as a dev fee from the POW, POS, or masternodes coins?. PS, I know that decenomy uses a different approach than yours by mining all the coins at once & then spread the coins among masternodes but yours is different that is why I'm asking & the second reason I'm asking to be sure not another coin which will live 1-3 months and then game over!
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