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Author Topic: [ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]  (Read 2375273 times)
starmman
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February 13, 2017, 01:27:21 PM
 #14641

Without formal announcement, I'd mention briefly three major works. The first item should be done in this year 2017.  

1. It won't be done without a hard fork, and it will be a major one.

* Optimization on the difficulty adjustment algorithm that expects a fast response to the network hashrate
* Adjustment of PoW algo
* Establish a channel between PoW and PoS
* PoS-II to "mPoS".

The above are four optional areas of improvements, each or all of which should (successfully) lead to support of efficient mining by the low-end devices (except the last one that's PoS).

2. Migrating and combining with the latest bitcoin code base, which, I guess, is yet existed in PoS coins; I believe this way would move the coin much better and strong.

3. Continue / improve Magi's payment gateway: m-epays; it's not our intention to invent a payment gateway, but a way to speed the coin to be accepted and used.

A more detailed roadmap will be announced in the OP and our website in following weeks. The site is currently been worked on. Details are to be announced.

Also, I intend to bring the forum m-talk.org into a good shape, however, I barely have the time and also web skills. If anyone is willing to assist or take this job, drop me a message.

Since we had a slack channel (https://coinmagi.slack.com/), if anyone want to joint, send me your email address; I'll send out invitations:

joelao98@gmail.com

or contact the team:

contact@coinmagi.org



Thanks for the detailed update I think you hit the nail on the head with the priorities.

I can help with the web side if needed - I'll be a bit slow, as things are a bit manic these days, I'm more into back-end development - but have worked on many web projects in the past - but I'm not good at making things look pretty.

Drop me a line with some requirements when you get time (no pressure). I was on the site a few days ago - and its completely full of spam - I suspect a spam filter will be up there.
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BlockchainDynamics
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February 13, 2017, 02:27:02 PM
 #14642


Yup congratulations to Magi for winning the 2016 Wolong for Friendliest Community!

http://www.blockchaindynamics.net/wolong-awards.html 
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February 13, 2017, 02:46:21 PM
 #14643


Yup congratulations to Magi for winning the 2016 Wolong for Friendliest Community!

http://www.blockchaindynamics.net/wolong-awards.html 

Thank you very much BlockchainDynamics! Its very nice for Magi to win this award.
Magi team is proud on our awesome community and this prize confirms the appreciation for this.
Magi hope to win again a prize next year. Smiley & for your show Magi would like to say keep up the good work BlockchainDynamics!

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
starmman
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February 13, 2017, 03:18:43 PM
 #14644


Yup congratulations to Magi for winning the 2016 Wolong for Friendliest Community!

http://www.blockchaindynamics.net/wolong-awards.html 

Thanks BlockchainDynamics - its really great for Magi to get some recognition =)
starmman
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February 13, 2017, 04:07:35 PM
 #14645

I just upgraded to the new wallet from the RC - I like the look of the new version - seems to be a bit more streamlined - and also seems a bit faster =)

Thanks Joe =)
joelao95 (OP)
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February 14, 2017, 02:19:18 AM
 #14646


Thanks for the detailed update I think you hit the nail on the head with the priorities.

I can help with the web side if needed - I'll be a bit slow, as things are a bit manic these days, I'm more into back-end development - but have worked on many web projects in the past - but I'm not good at making things look pretty.

Drop me a line with some requirements when you get time (no pressure). I was on the site a few days ago - and its completely full of spam - I suspect a spam filter will be up there.

Thanks for help. I'll PM about the m-talk.


  Coin MAGI  . XMG   
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joelao95 (OP)
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February 14, 2017, 02:24:10 AM
 #14647


Yup congratulations to Magi for winning the 2016 Wolong for Friendliest Community!

http://www.blockchaindynamics.net/wolong-awards.html 

Cheers! I'll appreciate 111magic who is the best to keep this coin in years going to be frank.


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joelao95 (OP)
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February 14, 2017, 02:26:30 AM
 #14648

I just upgraded to the new wallet from the RC - I like the look of the new version - seems to be a bit more streamlined - and also seems a bit faster =)

Thanks Joe =)

I've put what I thought would be there, but probably not; just let me know. :-)


  Coin MAGI  . XMG   
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cryptonit
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February 14, 2017, 12:42:15 PM
 #14649

looks good
stay on this road
 

1. It won't be done without a hard fork, and it will be a major one.

* Optimization on the difficulty adjustment algorithm that expects a fast response to the network hashrate
* Adjustment of PoW algo
* Establish a channel between PoW and PoS
* PoS-II to "mPoS".



 
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111magic
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February 14, 2017, 03:59:17 PM
 #14650


Yup congratulations to Magi for winning the 2016 Wolong for Friendliest Community!

http://www.blockchaindynamics.net/wolong-awards.html 

Cheers! I'll appreciate 111magic who is the best to keep this coin in years going to be frank.
Thanks for the nice words Joe.
I think we do it together. Let's continue and show the crypto world how great & unique Magi is.
With for sure Magi's awesome & most friendly community.

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
l8nit3
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February 14, 2017, 05:52:48 PM
 #14651

Mining away like a boss on my i5, i3, and even my little netbook lol. Just wondering, are there any thoughts of a GOU miner or is that not possible at this point?
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February 14, 2017, 06:21:56 PM
 #14652

Mining away like a boss on my i5, i3, and even my little netbook lol. Just wondering, are there any thoughts of a GOU miner or is that not possible at this point?
To much hashrate will bring the blockreward down. So not at this point.

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
l8nit3
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February 14, 2017, 07:12:21 PM
 #14653

Mining away like a boss on my i5, i3, and even my little netbook lol. Just wondering, are there any thoughts of a GOU miner or is that not possible at this point?
To much hashrate will bring the blockreward down. So not at this point.
Got ya, so its a possibility, just not a good idea at this point. Due to there being no GPU miner currently available, do we have any idea what the diff between CPU and GPU mining would be? Would it be a massive difference like scrypt? or something like XMR where CPU mining is still somewhat feasible even with GPU mining available? Im sorry, I cant remember the actual term for the relationship between CPU and GPU hashrates.
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February 14, 2017, 07:21:36 PM
 #14654

Mining away like a boss on my i5, i3, and even my little netbook lol. Just wondering, are there any thoughts of a GOU miner or is that not possible at this point?
To much hashrate will bring the blockreward down. So not at this point.
Got ya, so its a possibility, just not a good idea at this point. Due to there being no GPU miner currently available, do we have any idea what the diff between CPU and GPU mining would be? Would it be a massive difference like scrypt? or something like XMR where CPU mining is still somewhat feasible even with GPU mining available? Im sorry, I cant remember the actual term for the relationship between CPU and GPU hashrates.
I hope a good miner or dev can answer your question.

bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
joelao95 (OP)
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February 15, 2017, 01:33:39 AM
 #14655

Mining away like a boss on my i5, i3, and even my little netbook lol. Just wondering, are there any thoughts of a GOU miner or is that not possible at this point?
To much hashrate will bring the blockreward down. So not at this point.
Got ya, so its a possibility, just not a good idea at this point. Due to there being no GPU miner currently available, do we have any idea what the diff between CPU and GPU mining would be? Would it be a massive difference like scrypt? or something like XMR where CPU mining is still somewhat feasible even with GPU mining available? Im sorry, I cant remember the actual term for the relationship between CPU and GPU hashrates.

There are many sayings about GPU miners, while it's obviously not published anywhere and thus no clue the difference between them. In any cases, we're working on this regard, and have to come to a conclusion at some time soon as I'd expect. 


  Coin MAGI  . XMG   
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ex33s
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February 15, 2017, 06:03:00 AM
 #14656

For one who missed the poolinfo page, here is the new link:

http://poolinfo.systms.org

Thanks to ex33s for years' contributions in a couple of things.

An little update on that site.

I've enabled the following

* HTTP2
* Site now responds to IPv6, so now the site responds to both IPv4 and IPv6
* I've installed SSL cert so the site now works with https instead of http

Any old links to the site using http will continue to work but you will be redirected over to https instead.

Still working on getting the wallet up and running so I can fetch proper data from it and present it on the site.

starmman
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February 15, 2017, 10:46:55 AM
 #14657

For one who missed the poolinfo page, here is the new link:

http://poolinfo.systms.org

Thanks to ex33s for years' contributions in a couple of things.
I like the look of the new page - looking very pretty - added to my bookmarks =) I look forward to seeing the page with the wallet running
xms
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February 15, 2017, 09:20:54 PM
 #14658

hey magi friends,

Just installed the new magi wallet, and i must say it lookes very neat and clear.

i like the value for magi at that moment and for the wallet in total but can it be changed from dollars to euro's in the future?

very good work for all who worked on the wallet but spacial thanks to Joelao95

greatings xms

XMG: 9Dqt2gQz5iNFFsMiFS3ftDd486RQQFW9Sx ,  BLE: JTk35RjRPD5wUzRRRUEb6t84QRvJKkfeFz
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February 16, 2017, 01:31:02 AM
 #14659

stakesplitthreshold and stakecombinethreshold, are they unique feature of Magi coin? I've never seen before but it's really awesome!

If so, dev of this coin is genius.  Grin

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joelao95 (OP)
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February 16, 2017, 02:56:14 AM
 #14660

For one who missed the poolinfo page, here is the new link:

http://poolinfo.systms.org

Thanks to ex33s for years' contributions in a couple of things.

An little update on that site.

I've enabled the following

* HTTP2
* Site now responds to IPv6, so now the site responds to both IPv4 and IPv6
* I've installed SSL cert so the site now works with https instead of http

Any old links to the site using http will continue to work but you will be redirected over to https instead.

Still working on getting the wallet up and running so I can fetch proper data from it and present it on the site.

Thanks, take time.


  Coin MAGI  . XMG   
Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
  ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
  ANN THREAD MAGIPAY FAQ FORUM
.CPU Mining   PoS-II   PoM   Unique Block Reward 
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