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Author Topic: [PRE] [PoAD] [Magi] [XMG] Proof of AirDrop Campaign~ ETA Coming Soon  (Read 8703 times)
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justkinko
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October 21, 2014, 09:36:27 AM
 #21

I just funded over 10+ XMG addresses for everyone who participated. Keep it rolling.
New retweet messages will be announced soon and will continue to payout 1 XMG per RT!


done well   @cnnov
please give me some coins

wallet:94T423VqVmtCQGJgb7Zepga3iTiJpKnKoC
maronk
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October 21, 2014, 10:14:55 AM
 #22

watching Shocked Shocked Shocked Shocked
SamWalters
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October 21, 2014, 03:45:11 PM
 #23

justkinko please remove your address from this thread. It is against the rules of bitcointalk

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
abc333
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October 22, 2014, 09:03:48 AM
 #24

Very good coin.But you did not say to take part in the activities of the method.So this activity is not active.I have read it twice, know the participation conditions, but does not know how to participate in.

JimmyTaylor
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October 23, 2014, 06:26:51 AM
 #25

ABC it is not live yet it is only pre-ann for the coin magi airdrop campaign.

Coin Magi the First M7M coin defeating botnets and benefiting community at large. join irc for rain of xmg https://kiwiirc.com/client/irc.freenode.net/#magi
SamWalters
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October 26, 2014, 06:10:10 AM
 #26

MANDATORY UPDATE REQUIRED ALL WALLETS!

[hardfork] - sorry we have a few hardforks to be done and all gonna happen soon

1. M7M-v2 (hardfork on 10/26/2014 9:30:00 AM EST)

A switchover of the mining algorithm to M7M-v2 will occur on 10/26/2014 9:30:00 AM EST. Details about M7M-v2 can be found here: https://bitcointalk.org/index.php?topic=735170.msg9230961#msg9230961. The expected hashrate using the new algo is 2.545 times less than that with the prior algo. To continue with mining, download the new minerd (we will add download links here and in the OP soon), and follow the pool mining guide.

Be sure that you are using the new wallet v1.1.0.1 too.

2. Block rewarding system (hard fork at block 32,750)

A change in the block rewarding system is needed. This won't change the block rewards, but to be better to comply with the change of hashrate due to the M7M-v2 algo. The new algo leads to less network hashrate; the new block rewards will have maximum value at diff = 0.68 (for low block height); according to hashrate = diff * 2^32/180, that is about 16 Mh/s. We have also made increasing maximum diff with block height, to allow more people mining later on, e.g., optimum hashrate of 27 Mh/s which produces 300XMG at block 40,000.

3. A new difficulty adjustment method - Magi quantum wave (MQW) (hard fork at block 33,500)

Superficially a name here: Magi quantum wave (MQW) (http://en.wikipedia.org/wiki/Wave_function). This adjustment is done by averaging prior 15 block difficulties. A significant difference here from other adjustment implementations is that each block difficulty accounted is given a weight, and higher weights are given to more recent blocks; in addition to that, block time is also taken into account. Usually the lower difficulty, the smaller block time. The adjustment algo considers less weight of a block which has the lower difficulty. See details here: https://github.com/magi-project/magi/blob/master/src/main.cpp#L1296

4. Finalizing the PoW-II

As we can see the PoW-I  (will be finished at block 50,000) has produced less coins than expected. To continue the CPU mining, also along with the new algo implementation, it will be very necessary to continue the PoW mining, that will finally make XMG a hybrid PoW/PoS-II coin and that is supposed to remain years long. The hybrid system is more secure than the pure PoW or pure PoS. The PoW-II block reward has maximum 50 XMG and minimum 3 XMG, with the same block rewarding adjustment as the PoW-I. Similarly, the optimum diff grows over time.

Wallet v1.1.0.1:

http://cryptomagic.com/files/magi-release/v1.1.0.1/

Github source code: https://github.com/magi-project/magi

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
PeteAugustus
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October 27, 2014, 04:16:35 AM
 #27

updating now thanks sam
SamWalters
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October 30, 2014, 06:55:56 AM
 #28

Ron says there is some things to work out with the Magi since it is a new algo m7m rather than the traditional copy/paste coins. I hope he makes an announcement to keep us in the loop. He did mention this to me recently on irc when he was on elaborating on the plans.

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
JimmyTaylor
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November 04, 2014, 05:23:08 AM
 #29

Any news on this? Still waiting for it.

Coin Magi the First M7M coin defeating botnets and benefiting community at large. join irc for rain of xmg https://kiwiirc.com/client/irc.freenode.net/#magi
SamWalters
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November 09, 2014, 09:54:52 AM
 #30

Ron is still on this campaign don't worry there is some issues need to be hammered. This will pan out once he makes the fix to the new algo script to match magi.

Follow the official thread: https://bitcointalk.org/index.php?topic=735170.0

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
PeteAugustus
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November 09, 2014, 10:18:25 AM
 #31

Thanks looking forward to this!
SamWalters
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November 10, 2014, 05:33:31 AM
 #32

Thanks for your support guys

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
SamWalters
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November 11, 2014, 08:22:37 AM
 #33

https://www.miningrigrentals.com/rigs/m7m


Mining Rig Rentals just added a m7m algo section!!

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
SamWalters
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November 11, 2014, 08:19:36 PM
 #34

Great idea on the timeline. The one I created needs to be graphically updated. I'll use your updates in it.

Yes, I am on the magi team and I will make sure we set the proper foundation to grow as a community.

I want us to realize something. We have a team, yes, but the team is only partial of what is needed with magi.

The more we expand its community, the more we earn. There is no need to be greedy or hide the fact you are mining Magi.

It is very important to spread adoption of magi because it reflects on your earnings on a wider scale.

Communities and Groups should be formulating with the team to progress in the opportunity magi has presented.


[MagiTeam & roadmap & plans]







Here something has happened /gonna happen.


1) So far I liked the XMG implementation and what's been happening; myself had a lot time spent on the basic stuffs. Speaking of a coin/cryptocurrency, obviously we need far more than that. But speaking of a coin/cryptocurrency, we do need strong fundamentals. I am not pretty getting the idea why a coin should be mined only 7 days with GPU / ASIC and then fully relies on PoS, do you? This is where I see interesting in XMG. The M7M algo (v1 & v2) just sits there well; I couldn't imagine there goes on tons of numerical/floats computations in addition to hash in order to maintain the public ledger in this system. The floats computation like the M7M algo appears to be a mess regarding the calculation, but just going well. M7M is never a beauty of perfect ago, but it works as far as we can see, along with many other adjustments.


2) MagiNeXT:

i) First and most importantly, we'll put reasonable amount of efforts into the coin itself as done in the past.

ii) There are numerous stuffs we can talk to reach out Magi services, but we'd focus on a few features as the targets which shall be done in the near future. The primary goal is to implement real stuffs to get XMG used in our life; this not only gives XMG a life but also us a life.

# Simplifying using Tor/PoS, something like turning it on and leave it; ideas are developing and being in progress; we'll be able to talk more once almost there.

# Marketplace; this is far more than interesting, but will get community to participate together.

# Payment gateway system; it's pretty easy to be done by getting into service like coinpayments. Addition to that I've been in touch by the 3rd party about developing a payment gateway system; I am lack of idea when I am typing, but thought this might be something we should develop. Surely we need to think about the necessity and some further more before getting going. Any ideas are appreciated.

# I guess a few above points are 'big' plans. Some tech stuffs are covered in the "Timeline". These are never a complete list. We need to sort out our own features while I must agree all coins including bitcoin should head towards the same direction. Please suggest what features XMG should take/focus. If you want discussion, head to this thread:

https://bitcointalk.org/index.php?topic=848731.0


3) MagiTeam: something community should be aware of:

111magic has been working with me pretty a while (this reminds months back when he was using his laptop to mine coins); I am pretty impressed by his passion on XMG; it appears he will keep doing XMG stuffs, if you have questions but can't find me or get reply from me, shoot him a PM.

SamWalters has many awesome ideas from which I have educated myself. One thing for sure is that you can always get positive energy by reading his posts. SamWalters will be our think tank & marketing expert; if you have an idea, let's get it to him.

ex33s is currently running services including dice game and paper wallet; ex33s will be in support of the coming marketplace site and adviser of many more other services currently in progress. I'm quite impressive by his constant tagging me over IRC, of course, his dice game at the beginning, Smiley but he is very good at stuffs more than that, for example, web apps.

I would like to welcome jawitech as our new team member. jawitech will act as "think-tank" (I've been already benefited a lot from him), replying to your questions and together with others be responsible for the marketing. You may already see jawitech's active posts, feel free to PM him whenever you have questions.

Basically that's all we announce at this moment, but we actually have more people working on XMG; when time comes and they are willing to be public, we will certainly give more information.

I & the team can merely do part of jobs, however, the constant growth of a coin needs efforts from the whole community. We're here open to all of you, for any one of you has ideas/comments or you're experienced on something on which we are lack of attention, do not hesitate to let us know. We do have sizeable funds hanging there for contributors, but we do welcome people to work together as like a team.

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
SamWalters
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November 11, 2014, 08:26:39 PM
 #35

MiningRigRentals is getting hash power eaten!! People are enjoying the new m7m algo.
Watch when other clones develop ontop of magi's innovation. I see a trend about to happen.



Rent at hash power at:
- https://www.miningrigrentals.com/rigs/m7m

Mine at:
- http://suchpool.pw/xmg
- http://xmg.suprnova.cc

Buy / Sell at:
- https://cryptoine.com/trade/xmg_btc
- https://poloniex.com/exchange/btc_xmg
- https://bittrex.com/Market/Index?MarketName=BTC-XMG
- Market Cap: http://coinmarketcap.com/currencies/magi

Want to earn bounties for spreading the word?
Give me a pm with your idea how you want to bring in more miners.

Remember:
There is no need for greed. The more miners that join Mining Magi, it increases adoption, volume, and better mining rewards.
More investors see the benefit long term since Magi is becoming the ultimate antibotnet central authority that delivers against those who game the system in this industry.

Pm me to receive a bounty for sharing the word around and building a community for magi XMG!

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
belmonty
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November 11, 2014, 08:33:04 PM
 #36



What is required to qualify for AirDrop?
You must be at one point, have participated in the Magi XMG thread at: https://bitcointalk.org/index.php?topic=735170.0




Is it too late to participate in the Magi XMG thread to qualify for AirDrop now, or does the date we paticipate not matter?
SamWalters
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November 11, 2014, 08:51:55 PM
 #37

Airdrop is still in development... its pending launch still. You have time to participate when it goes live. Stay tuned Ron will update us

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
PeteAugustus
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November 12, 2014, 04:07:12 AM
 #38

good work on the updates Sam and progress being made.
SamWalters
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November 13, 2014, 09:16:11 AM
 #39

Start mining at http://suchpool.pw/xmg

I support Magi the first anti-botnet mining network to give regular miners the fair chance of mining. Talk to #Magi on IRC: https://kiwiirc.com/client/irc.freenode.net/#magi or on BitcoinTalk: https://bitcointalk.org/index.php?topic=735170.0
JimmyTaylor
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November 14, 2014, 06:24:38 AM
 #40

Start mining at http://suchpool.pw/xmg

I'll start mining there I see there is more blocks being found there now.

Coin Magi the First M7M coin defeating botnets and benefiting community at large. join irc for rain of xmg https://kiwiirc.com/client/irc.freenode.net/#magi
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