[ANN] [XMG] MAGI | CPU mining | mPoW | mPoS | [MagiPay]

[111magic]

Is there any white papers about magi?

The pages of official sites about resource - documention didn't work.

Could you help me?


From wan.

Mean this http://arxiv.org/pdf/1409.7948v1

Check this also https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269

[111magic]

I have been finishing up all of the stuffs, and settled down Qt and daemon compiling across a couple of OSs. I should be able to get them out by tomorrow. I'm quite satisfied with how the Qt looks like and behaves in general at this moment, though this won't be the most important feature we might talk about. The v1.3.1 would run quite smoothly compared to any prior versions; I've let it staying on my Mac all day long. On top of this release, we'll get back to the to-do-list. That was talked long time ago if one can recall, but definitely a solid plan we'll proceed with. This coming release is just a part of the list...

Sounds very good. Think we must go for it!
Btw i could use some help with keeping the Magi thread little up to date on Bitcoingarden.

[joelao95]

The info mentioned by starmman and 111magic is about the concept of the coin. mPoS is not so organized at this time, will get hands on that.

[joelao95]

Joe is Magitor still working ok?

That's out.

[joelao95]

I have been finishing up all of the stuffs, and settled down Qt and daemon compiling across a couple of OSs. I should be able to get them out by tomorrow. I'm quite satisfied with how the Qt looks like and behaves in general at this moment, though this won't be the most important feature we might talk about. The v1.3.1 would run quite smoothly compared to any prior versions; I've let it staying on my Mac all day long. On top of this release, we'll get back to the to-do-list. That was talked long time ago if one can recall, but definitely a solid plan we'll proceed with. This coming release is just a part of the list...

Sounds very good. Think we must go for it!
Btw i could use some help with keeping the Magi thread little up to date on Bitcoingarden.

My work buried me a bit today, running out of time though I still keep my eye on the screen. I'll get what's ready ASAP.

[sylph93]

Hi, I bought 62K XMG yesterday.

I compile wallet from github source by myself for my Ubuntu staking machine. I ran it for Solarcoin, IOcoin for 2 years.

When I first open wallet for staking, my weight was 20 and wallet said that it will take 20 days for staking.

Today, I found that staking was off due to lack of my weight.

"Not staking because you don't have enough weight" - message.

If anyone have working magi.conf for smooth staking, plz up.

[th3.r00t]

Hi, I bought 62K XMG yesterday.

I compile wallet from github source by myself for my Ubuntu staking machine. I ran it for Solarcoin, IOcoin for 2 years.

When I first open wallet for staking, my weight was 20 and wallet said that it will take 20 days for staking.

Today, I found that staking was off due to lack of my weight.

"Not staking because you don't have enough weight" - message.

If anyone have working magi.conf for smooth staking, plz up.

Code:

server=1
daemon=1
listen=1
rpcuser=longrpcsolousername
rpcpassword=longrpcsolopassword
rpcport=8232
port=8233
posii=1
stakesplitthreshold=80
stakecombinethreshold=100
addnode=104.128.225.215
addnode=104.131.42.100

That's my magi.conf.
You should wait a bit with opened and unlocked wallet in order to gain staking weight.

[cryptonit]

@sylph93:

stakesplitthreshold=1000
stakecombinethreshold=2500
addnode=104.128.225.215
addnode=104.131.42.100

-------------------------------------------------------

split ur coins in transaction of size 15000 or lower
and then keep the wallet run 24/7
the above conf will make sure that a big stakeholder stake his coins asap

people who hold less coins can leave split/combine at the default setting

the way XMG work if u have to big coin pile or wallet o long offline (a few days is already to long)
u have to repeat the proccess (move coins into 15000 pile) or u wont be able to stake

the trick XMG use is easy with to much coin age or coinweight the chance to stake and the rewards reduce back to impossible to stake without move coins by urself

it rewards 24/7 wallets
it helps in many POS security flaws around many very old coin piles
all that possible attacks cant be made against XMG

[starmman]

it rewards 24/7 wallets
it helps in many POS security flaws around many very old coin piles
all that possible attacks cant be made against XMG

I always try to keep a wallet running 24/7. As you say - it really increases the security of the coin - the more online wallets the better =)

[starmman]

I have been finishing up all of the stuffs, and settled down Qt and daemon compiling across a couple of OSs. I should be able to get them out by tomorrow. I'm quite satisfied with how the Qt looks like and behaves in general at this moment, though this won't be the most important feature we might talk about. The v1.3.1 would run quite smoothly compared to any prior versions; I've let it staying on my Mac all day long. On top of this release, we'll get back to the to-do-list. That was talked long time ago if one can recall, but definitely a solid plan we'll proceed with. This coming release is just a part of the list...

thanks for the update Joe, everything sounds great - I think these things will really increase the value and long term outlook of the coin =)
and if there is any way to spread the workload - i'm sure there will be lots of people willing to contribute (me included)

[sylph93]

@th3.r00t, @cryptonit

Thanks for support. I will open wallet 24/7 as I've done for other PoS coins like SLR, IOC.. etc.

I'm very happy to be a member of Magi community.

 

[starmman]

@th3.r00t, @cryptonit

Thanks for support. I will open wallet 24/7 as I've done for other PoS coins like SLR, IOC.. etc.

I'm very happy to be a member of Magi community.

 

It's great to have more people involved - there has been quite a nice influx of new people on here in 2017 - I'm feeling very optimistic for Magi this year =)

[111magic]

@th3.r00t, @cryptonit

Thanks for support. I will open wallet 24/7 as I've done for other PoS coins like SLR, IOC.. etc.

I'm very happy to be a member of Magi community.

 

It's great to have more people involved - there has been quite a nice influx of new people on here in 2017 - I'm feeling very optimistic for Magi this year =)

Noticed lots of activity here! Very nice. Welcome in the Magi community sylph93

[My9bot]

@sylph93:

stakesplitthreshold=1000
stakecombinethreshold=2500
addnode=104.128.225.215
addnode=104.131.42.100

-------------------------------------------------------

split ur coins in transaction of size 15000 or lower
and then keep the wallet run 24/7
the above conf will make sure that a big stakeholder stake his coins asap

people who hold less coins can leave split/combine at the default setting

the way XMG work if u have to big coin pile or wallet o long offline (a few days is already to long)
i have to repeat the proccess or u wont be able to stake

the trick XMG use is easy with to much coin age or coinweight the chance to stake and the rewards reduce back to impossible to stake without move coins by urself

it rewards 24/7 wallets
it helps in many POS security flaws around many very old coin piles
all that possible attacks cant be made against XMG

thank you soo much
i totally forgot about this part

the way XMG work if u have to big coin pile or wallet o long offline (a few days is already to long)
i have to repeat the proccess or u wont be able to stake

[Abiky]

Yes, I've been on the exchanges this morning - its been quite a busy one, market cap and price are rising very nicely - the market cap has hit $200k again (for only the 3rd time) today

Yeah. Coin Magi's price is having a nice movement in price these days, which it may be a sign that it is getting even more attention than ever. Now it is around the $0.03 USD mark and it may continue to rise if more people join in this exciting cryptocurrency project.

I was going to buy a few Magi myself when they were worth $0.02, but I guess that I'm too late to get them at said prices. Even at today's prices, I consider Magi being cheap, as the development and community it has, as well as having a unique mining algorithm, would've made the coin much more valuable right now.

One of the things, that I admire about Magi is that it promotes low energy consumption in its mining process, as the lower the network hashrate, the bigger the reward which makes it one of the eco-friendliest PoW coins out there.

Nevertheless, I hope that this year would bring many surprises for Magi, making it a cryptocurrency to be held onto for the long term. 

[sylph93]

@sylph93:

stakesplitthreshold=1000
stakecombinethreshold=2500
addnode=104.128.225.215
addnode=104.131.42.100

-------------------------------------------------------

split ur coins in transaction of size 15000 or lower
and then keep the wallet run 24/7
the above conf will make sure that a big stakeholder stake his coins asap

people who hold less coins can leave split/combine at the default setting

the way XMG work if u have to big coin pile or wallet o long offline (a few days is already to long)
i have to repeat the proccess or u wont be able to stake

the trick XMG use is easy with to much coin age or coinweight the chance to stake and the rewards reduce back to impossible to stake without move coins by urself

it rewards 24/7 wallets
it helps in many POS security flaws around many very old coin piles
all that possible attacks cant be made against XMG

BTW, Should I split a pile of coins into 15000 or lower size?
one is 30K-3900 confirmed, the other is 32K-2900 confirmed.

I still get a message "Not staking because .. ' now.

I can wait until the staking begin, if there isn't wrong with my wallet condition.

[111magic]

@sylph93:

stakesplitthreshold=1000
stakecombinethreshold=2500
addnode=104.128.225.215
addnode=104.131.42.100

-------------------------------------------------------

split ur coins in transaction of size 15000 or lower
and then keep the wallet run 24/7
the above conf will make sure that a big stakeholder stake his coins asap

people who hold less coins can leave split/combine at the default setting

the way XMG work if u have to big coin pile or wallet o long offline (a few days is already to long)
i have to repeat the proccess or u wont be able to stake

the trick XMG use is easy with to much coin age or coinweight the chance to stake and the rewards reduce back to impossible to stake without move coins by urself

it rewards 24/7 wallets
it helps in many POS security flaws around many very old coin piles
all that possible attacks cant be made against XMG

BTW, Should I split a pile of coins into 15000 or lower size?
one is 30K-3900 confirmed, the other is 32K-2900 confirmed.

I still get a message "Not staking because .. ' now.

I can wait until the staking begin, if there isn't wrong with my wallet condition.

Did you unluck the wallet? Wallet will give you the option: unlock for staking only

[sylph93]

@sylph93:

stakesplitthreshold=1000
stakecombinethreshold=2500
addnode=104.128.225.215
addnode=104.131.42.100

-------------------------------------------------------

split ur coins in transaction of size 15000 or lower
and then keep the wallet run 24/7
the above conf will make sure that a big stakeholder stake his coins asap

people who hold less coins can leave split/combine at the default setting

the way XMG work if u have to big coin pile or wallet o long offline (a few days is already to long)
i have to repeat the proccess or u wont be able to stake

the trick XMG use is easy with to much coin age or coinweight the chance to stake and the rewards reduce back to impossible to stake without move coins by urself

it rewards 24/7 wallets
it helps in many POS security flaws around many very old coin piles
all that possible attacks cant be made against XMG

BTW, Should I split a pile of coins into 15000 or lower size?
one is 30K-3900 confirmed, the other is 32K-2900 confirmed.

I still get a message "Not staking because .. ' now.

I can wait until the staking begin, if there isn't wrong with my wallet condition.

Did you unluck the wallet? Wallet will give you the option: unlock for staking only

Sure, I unlocked for staking.
The message I've got is 'Not staking because you don't have enough weight"
My network weight was 20 when I first put my coins into my local wallet. message said that it will take 40 days for staking.
The next day weight was dropped to 1, message told me that 780 days for staking.
and soon after..  message changed into "'Not staking because you don't have enough weight" minting icoin was dimmed.

I'm quite new to Magi coin but I've been for 3 years in Crypto world. I alway open wallet and unlock for staking.

[111magic]

Ah ok. Sorry i asked that question.  Hope one of our miners could help you asap.

[starmman]

Sure, I unlocked for staking.
The message I've got is 'Not staking because you don't have enough weight"
My network weight was 20 when I first put my coins into my local wallet. message said that it will take 40 days for staking.
The next day weight was dropped to 1, message told me that 780 days for staking.
and soon after..  message changed into "'Not staking because you don't have enough weight" minting icoin was dimmed.

I'm quite new to Magi coin but I've been for 3 years in Crypto world. I alway open wallet and unlock for staking.

Did you try using coin control to send the coins back to yourself - I usually do that to blocks that have 20k or more confirmations - in theory the settings in the magi.conf should do that for you - but I find the odd block doesn't make it for some reason (maybe its due to the number of coins you have - cryptonits settings will likely be the best for you).

Might also be worth checking your block height against the network and the total weight - you could also be on a fork