kondiomir
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Activity: 1568
Merit: 1000
Twitter @Acimirov
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February 17, 2015, 10:02:46 PM |
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It seems vary good chance to expand Magi. We should try it for shure!!
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xms
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February 17, 2015, 10:35:20 PM |
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it is indeed very good to let more people know about how good and honest #magi #(XMG) is. so start slow and promote for the long-term
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XMG: 9Dqt2gQz5iNFFsMiFS3ftDd486RQQFW9Sx , BLE: JTk35RjRPD5wUzRRRUEb6t84QRvJKkfeFz
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Zywiec
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February 17, 2015, 11:48:27 PM |
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It seems vary good chance to expand Magi. We should try it for shure!! Completely agree with this voice.
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cryptonit
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Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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February 18, 2015, 12:39:19 AM |
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nice team nice ideas im adding a few magi to my portfolio even as DMD Diamond core member i have a round 20% of my investments outside of DMD one issue i can see is there is no group stake active in ur POS settings group stake is like this https://chainz.cryptoid.info/dmd/block.dws?798632.htmwhere when coins are older than max age they try to stake together with other old coins and if successful they merge together into one coin pile at minting proccess at ur explorer i say always only split stake happening at POS block so i guess group stake is not active or configured in a way that it never happens with group stake implemented u never ever have to care about merge dust together with coin control with well balanced settings its a self regulating system i think u have some nice interesting innovations at ur coin some we might give a closer look thats the reason why i wana point at a codepart that in my opinion could need some improvement special now that one of ur coders design noblecoin POS i hope he there also code a group stake able version of POS (i hold some noble too ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) )
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joelao95 (OP)
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Activity: 1190
Merit: 1009
Coin of the Magi!
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February 18, 2015, 02:52:02 AM |
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nice team nice ideas im adding a few magi to my portfolio even as DMD Diamond core member i have a round 20% of my investments outside of DMD one issue i can see is there is no group stake active in ur POS settings group stake is like this https://chainz.cryptoid.info/dmd/block.dws?798632.htmwhere when coins are older than max age they try to stake together with other old coins and if successful they merge together into one coin pile at minting proccess at ur explorer i say always only split stake happening at POS block so i guess group stake is not active or configured in a way that it never happens with group stake implemented u never ever have to care about merge dust together with coin control with well balanced settings its a self regulating system i think u have some nice interesting innovations at ur coin some we might give a closer look thats the reason why i wana point at a codepart that in my opinion could need some improvement special now that one of ur coders design noblecoin POS i hope he there also code a group stake able version of POS (i hold some noble too ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ) It's our pleasure. For the group stake, it will be nice to have coins controlled in an amount of "middle" value because of the PoS-II design. Though it's a good idea, I am a little bit worry about staking by exchange or cloud staking pools. Exchanges could be advantageous in this regard once coins automatically gets consolidated. The PoS-II enables a staking window for best results; with many small transactions will come less advantageous as like staking huge amount coins in a transaction. In other words, people can be diligent to stake "effectively", while some parties won't be able to do so; that seems not a bad news. And yeah, we get chance to spread the PoS-II (like NOBL) and I welcome anyone else who is interested to this idea. That turns out it seems going nice so far.
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cryptonit
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bit.diamonds | uNiq.diamonds
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February 18, 2015, 08:46:11 AM Last edit: February 18, 2015, 10:30:49 AM by cryptonit |
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It's our pleasure. For the group stake, it will be nice to have coins controlled in an amount of "middle" value because of the PoS-II design. Though it's a good idea, I am a little bit worry about staking by exchange or cloud staking pools. Exchanges could be advantageous in this regard once coins automatically gets consolidated. The PoS-II enables a staking window for best results; with many small transactions will come less advantageous as like staking huge amount coins in a transaction. In other words, people can be diligent to stake "effectively", while some parties won't be able to do so; that seems not a bad news.
And yeah, we get chance to spread the PoS-II (like NOBL) and I welcome anyone else who is interested to this idea. That turns out it seems going nice so far.
group stake is in wallet code each DMD wallet utilize group stake coin age between min and max age try to split stake (=if successful minted coin pile is split in 2 parts same as all ur XMG POS blocks) coin age above max age try to group stake (=a coin pile above max age check if he is below 100 dmd if yes he seek if another coin pile above max age and below 100 dmd is in wallet and repeat that until all together are over 100 dmd and then this group stake together and if successful minting a block they merge together and become one coin pile) the reason this not work in most pos coins is because they copy code and dont analyze it in detail and adapt values in ur case without check ur code if u keep the important code parts for group stake unchanged then the value which is set at 100 at dmd is for u linked to POW reward and 1/3 of it (if u did keep that original code lines) the orgin of group stake comes from original PPC code and there the group value is linked to pow block reward value and in code not explained and a note with do not touch (which 99% of devs did and by this achieved to have group stake inactive) planing to have a nice amount of XMG i hope u get group stake in so i can let the wallets run 24/7 without fear coin piles split stake into dust size
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batesresearch
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Activity: 2424
Merit: 1148
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February 18, 2015, 10:39:08 AM |
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Coin Magi has been added to CryptoCloudHosting.org following a community request.
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Visit Satoshi's Place, a Bitcoin Hub based in Bury, Manchester, UK. Website: https://satoshisplace.co.ukGoals: Educate & Onboard users in to Bitcoin. Lightning network⚡️
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111magic
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Activity: 1750
Merit: 1005
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February 18, 2015, 11:10:51 AM |
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Nice. Magi accepted as digital currency on www.CryptoCloudHosting.orgThanks and welcome to the great Magi community!
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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batesresearch
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February 18, 2015, 01:22:22 PM |
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No problem. Magi seems like a great idea and great community. If you do have any hosting queries or requests please don't hesitate to contact me.
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Visit Satoshi's Place, a Bitcoin Hub based in Bury, Manchester, UK. Website: https://satoshisplace.co.ukGoals: Educate & Onboard users in to Bitcoin. Lightning network⚡️
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joelao95 (OP)
Legendary
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Activity: 1190
Merit: 1009
Coin of the Magi!
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February 18, 2015, 02:30:05 PM Last edit: February 18, 2015, 06:45:03 PM by joelao95 |
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It's our pleasure. For the group stake, it will be nice to have coins controlled in an amount of "middle" value because of the PoS-II design. Though it's a good idea, I am a little bit worry about staking by exchange or cloud staking pools. Exchanges could be advantageous in this regard once coins automatically gets consolidated. The PoS-II enables a staking window for best results; with many small transactions will come less advantageous as like staking huge amount coins in a transaction. In other words, people can be diligent to stake "effectively", while some parties won't be able to do so; that seems not a bad news.
And yeah, we get chance to spread the PoS-II (like NOBL) and I welcome anyone else who is interested to this idea. That turns out it seems going nice so far.
group stake is in wallet code each DMD wallet utilize group stake coin age between min and max age try to split stake (=if successful minted coin pile is split in 2 parts same as all ur XMG POS blocks) coin age above max age try to group stake (=a coin pile above max age check if he is below 100 dmd if yes he seek if another coin pile above max age and below 100 dmd is in wallet and repeat that until all together are over 100 dmd and then this group stake together and if successful minting a block they merge together and become one coin pile) the reason this not work in most pos coins is because they copy code and dont analyze it in detail and adapt values in ur case without check ur code if u keep the important code parts for group stake unchanged then the value which is set at 100 at dmd is for u linked to POW reward and 1/3 of it (if u did keep that original code lines) the orgin of group stake comes from original PPC code and there the group value is linked to pow block reward value and in code not explained and a note with do not touch (which 99% of devs did and by this achieved to have group stake inactive) planing to have a nice amount of XMG i hope u get group stake in so i can let the wallets run 24/7 without fear coin piles split stake into dust size You're right, I have overlooked this part and will check it out.
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joelao95 (OP)
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Activity: 1190
Merit: 1009
Coin of the Magi!
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February 18, 2015, 02:31:10 PM |
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No problem. Magi seems like a great idea and great community. If you do have any hosting queries or requests please don't hesitate to contact me. I'm sure we're on the way; appreciated for adding magi.
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joelao95 (OP)
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Merit: 1009
Coin of the Magi!
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February 18, 2015, 06:32:53 PM |
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joelao95 (OP)
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Coin of the Magi!
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February 18, 2015, 06:37:15 PM |
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Magi is in a position to take advantage of a great opportunity that can propel the currency to great heights. 1) Image if Magi and 9 other CC community ran indiegogo and kickstarter what do you think would be done differently? - we would allow for CC donations in addition to fiat donations, - we would encourage sponsorship (perks, campaign, and video), - we would give every member some free CC to intrigue and inspire them, - we would help promote the campaigns we sponsor, - we would find a way to promote the site, campaigns, all of the coins involved - we would share revenue between the 10 CC communities - we would share the work of the site - we would form an admin to organize the day-to-day we would form a CC community based crowdfunding business. 2) Image if 80% of indiegogo and kickstarted profits were divided by 10 then each portion used to buy the respective CCs of each team so each and every team is paid in his own currency. and 3) Image naming that business PICISI @Armis we have spoken the plan, and glad to see reaching out opportunity. However, what's there is totally UNCLEAR to me. 80% of indiegogo and kickstarted profits were divided by 10 then each portion used to buy the respective CCs of each team so each and every team is paid in his own currency. Is this what we're supposed to get to?
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111magic
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Activity: 1750
Merit: 1005
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February 18, 2015, 10:28:16 PM |
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What other coins are join in Armis?
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bitcoin: bc1qyadvvyv29z08ln2ta7g3uqwzkscr7wq4p09wuz
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digibob00
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February 18, 2015, 11:17:46 PM |
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Hi guys, some new fresh result http://raspi2miner.is-great.org/xmg-with-rpi2-new-mine-speed-record/. With stable overclock of Raspberry Pi 2 @ 1 ghz without any additional heatsink you can mine XMG Magi Coin @ 5.24 Khash with minerd compiled like on my previous post ( http://raspi2miner.is-great.org/xmg-magi-coin-rpi2-optimized/). Fantastic, 5.24 Khash with low powered device! Now next step. Regards --------------------------------------------------------------------------------------------------------------------------- If u like my work, please donate something XMG ( 9RrUH5arc9dZw2jYCfm1CYWmV5o7NzsWaD ) or Bitcoin ( 14aQ7WSfrfcmbWztHUoYU6YJrQoLE38g6n ) ---------------------------------------------------------------------------------------------------------------------------
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Spexx
Sr. Member
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Mining Co-operative
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February 19, 2015, 02:03:36 AM |
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Brilliant work ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Sending you some XMG.
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Spexx
Sr. Member
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Mining Co-operative
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February 19, 2015, 03:06:50 AM |
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Windows 64 and 32 bit Software ReleaseThis is an updated XMG Miner Speed Controller offering greater precision than the previous version. It works exactly the same as before, only better. https://www.dropbox.com/s/wbtmlktiy32b3xw/XMGMinerSpeed.exeIf you already have this software installed, then you do not have to download from this link but can run the C:\XMGminer\MinerSpeed\Setup.bat file instead which includes an option to download and install the latest version for you. Either way ... the result is the same. Happy hashing ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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joelao95 (OP)
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Activity: 1190
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Coin of the Magi!
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February 19, 2015, 03:20:10 AM |
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Thank you both for the works, I will personally donate some bounties.
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joelao95 (OP)
Legendary
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Activity: 1190
Merit: 1009
Coin of the Magi!
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February 19, 2015, 03:36:14 AM |
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@Armis we have spoken the plan, and glad to see reaching out opportunity. However, what's there is totally UNCLEAR to me. 80% of indiegogo and kickstarted profits were divided by 10 then each portion used to buy the respective CCs of each team so each and every team is paid in his own currency. Is this what we're supposed to get to? The simple answer is YES. The plan calls for 10 different coin communities to be represented in the coop, when profits come in they are to be distributed as follows: "Distribution Payout 80% to Host CCs, 10% to Mgmt, and 10% to Equity" as indicated here: https://bitcointalk.org/index.php?topic=957862.msg10480538#msg10480538Let's assume the PICISI profit for the month is $100,000. 80% of that would be $80,000 for Teams (aka Host CC), that would then get divided by 10 resulting in $8,000 per team, if we were doing the conversion today we would buy $8000 worth of MAGI, + $8000 worth of EMC2, + $8000 worth of each of the other coins involved and pay it out to the respective teams at the address allocated for that purpose. From there you would distribute your funds to your team members according to the plan you outline for that purpose. Keep in mind that most of the revenue will be derived from fiat so every month a new influx of fiat will be used to purchase your coin on the open market thereby directly driving your coin up. Knowing that you have that stable and reliable monthly income will indirectly drive the value of the coin up as well. All of the above is aside from the other benefits that will drive the value of your coin up. When you become the Host CC for an Organizer all CC contributions to that profile and or campaign(s) for that member will be converted to your coin. When that member wants to have a campaign contractor do a video, create an article, or anything else to promote his campaign he will very likely use the CC in his account because it is viewed as cash as opposed to the fiat which must remain in place until the end of the campaign. This adds impressions, and adds real life utility to your coin. Every time someone goes to that campaign to donate fiat they will see your coin there as well, providing yet another valuable impression. Even if there were no profit payout incentive all of the other benefits from enrollment make the endeavor well worth the work because it drives your coin value up, increases coin awareness, increases utility, and increases your community size (more investors). What is the plan asking you to do -- weave baskets, no. It's asking you to promote your coin along will PICISI, the site or campaign on the site. The plan motivate each of us to do more marketing, and to make sure that our outreach is effective. Armis, thank you for the detail explanation; I'd believe this is a nice project. We will surely take a closer look, while at the same time it sounds too good, considering that we're only investing sort of "advertising". I'd think the funds should go for some "purposes" which should be the core part of this project, rather than buying off coins from market or kinda back to advertising. And these to me seem not the best reason for people to contribute to crowdfunding, probably at least can't last longer; my thinking so far.
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