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Author Topic: [ANN] {m-face} [XMG] Coin Magi | CPU mining | PoS-II | PoM | [MagiPay]  (Read 1833 times)
m-project (OP)
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February 24, 2015, 01:16:17 AM
Last edit: February 24, 2015, 01:42:39 AM by m-project
 #1

    The m-face project

    This thread could likely be the official thread of Coin Magi, to be a community coin [read below]. We are currently expanding the team, please read following instructions. Reply to this thread or send us message.

    If this project goes alive, "m-project" will be the official account for Coin Magi and this thread will be the official thread. Both of them and other important documents will be co-held by the core team members by then. Expected timeline is more than 6 months.

    The following naming is temporarily and might be subject to change upon community votes.

    Project name: MagiFace
    Codename: m-face
    Github: m-face (supposed to be the official account in the future)
    Bitcointalk account: m-project (supposed to be the official account in the future)
    Gmail: mface.project@gmail.com


    Definition

    The m-face will be basically the big MagiTeam. We are forming the m-face team which will serve as the core of Coin Magi. All of above accounts will be held by the core members of m-face, likely including the Coin Magi code base when time comes.

    Objective of Coin Magi

    Fair, cost effective, energy efficient and to be useful

    Objective of the m-face project

    The m-face project will mitigate the influence of a person / team on the coin; to form a "big" magiteam in support of the development of Coin Magi, particularly implementing "to-be-useful" of Coin Magi

    Background

    The success of a coin is rather than the success of a person or a team, but a consequence of the involvement of the community and the rest of the world. We've seen coins come and go, and this "behavior" seems to become "normal" in the cryptoworld. The fact is that none of us need developing more and more coins for practical use; the reason of the emerging of more coins is mostly profit-driven based. We have seen many examples in 2014 that coins born, being developed, people's giving up, community takeover & dying away. Coin Magi was born nothing special, but has found reasons to exist. Going forward, hence, I intend to make it more community friendly and have the community's involvement as much as possible to be in the long run. More importantly, Coin Magi will get more activities compared to what's now led by a person or a team.

    In the sense I personally view at, Coin Magi absolutionly deserves a much more extended attention. The design of PoW makes it mineable with CPU or a smart device, by which at a point Coin Magi is contributing to the global efforts in saving energy. In addition, if one hasn't realized the benefit of PoS-II, he/she should read NOBL community who has been following the PoS-II course. PoS-II is a much better alternative if one is seeking solutions regarding the weakness of the tradition PoS.

    A coin project is not about price driving though we care about it; the ambitious goal is to get usefulness and put it in a much bigger level. We only see the end by endless thinking, where we need more hands.

    Benefit

    No doubt that most of people step into crypto for profits. There does be a reason which sounds incentive to one to be in the team. Coin Magi is very much at its early stage; there is no much advantage for people being with it from the beginning or stepping in at this point. Being in the team you can observe the project in the long run.

    The organization of m-face

    People who approach a coin typically belong to one of the following types:
    #1, investors - buy and sell
    #2, #1 + mining
    #3, #2 + get involved in community
    #4, #3 + development
    #5, really like coin magi despite the price, and doing any activities relevant to Coin Magi

    The m-face will mostly consist of #3 ~ #5. However, I strongly push the team into the higher level [read below].

    Implementation of m-face

    How to participate

    My idea at this moment is coarse, and the idea of this is mostly to expand our team. We need more hands to help marketing and development. Here following are the steps if one wish to get into m-face (aka, extended MagiTeam):

    1. Send / PM us a message and express your intenion to be in the team; the message should include: reason (why you'd like to join), your expertise, and the tasks you wish to contribute to. Example, one can simply contribute to advertising / answering people's questions; or you can simply say that you are unable to do special things but simply likes Coin Magi and want to stay with us and help us. If you are new to Coin Magi, please be focus on the reason why you want to join.

    You can also send to email: coinmagicorp@gmail.com

    2. I personally don't like to enforce any tasks to specific person, or push for the results if one is on a project. However, one being in the team must maintain regular activities, for example, social media. We (current magiteam or the m-face team in the future) will maintain regular review on the member, and will put forward people to be removed from the member list, which happens once peope agree (with enough votes).

    3. People in the team will get access to a special section hosted for example in m-talk.org, a chat platform and any other member resources. Access is subject to revoking if one gets removal from the member list.

    The second level of MagiFace - The magi core team

    This is the most important part of this project. I won't get it rolling if none of people satisfying the requirement show up. The core members will much responsible to keep Coin Magi going. All of important documents, accounts and even the coin code base will be shared among them. Once we achieved at this level, Coin Magi will be really a community coin. Some initial requirements:

    • One who wishes to be in the team sends in application, including statements: reason and why the core team needs you) must be done before getting evaluated
    • One must be at least six months being with Coin Magi; evidence mush be shown.
    • Your activities will be reviewed by the community and will , and your account will be voted.
    • Any evidence to show Coin Magi is really the coin you like and wish to engage with.

    The bottom line is the m-face core team won't be initiated if I failed to see above people. [/li][/list]

    The m-face project

    We welcome any people who are interested to Coin Magi send us a message in order to be in. We will also send invitations to people we have in mind. As a start and to get this project rolling, I propose the following initiative projects (will communicate with people who are the author / involved).

    We push every tiny idea (tell us if you want) onto the list of project, simply because every tiny things can grow up to be a big tree.

    • The MagiPay project
           We're get rolling on this

    • The minerd software package
           Software package (by Spexx)
            Gui (by  NeedIfFindIt and JansonX)

    • Minerd for Smart devices
           Raspberry Pi

    Projects on hold:
    • Cloud mining

    Benefits the project leader will be receive

    • We will gather funds to reward efforts developer put into
    • Community donation

    http://coinmagi.org/misc/images/magi-thread/Heading-v2-00.png
    http://coinmagi.org/misc/images/magi-thread/OP/space.png
    http://coinmagi.org/Site/icons/images/fc-webicon-facebook.png  http://coinmagi.org/Site/icons/images/fc-webicon-twitter.png  http://coinmagi.org/Site/icons/images/reddit-academy.png  http://coinmagi.org/Site/icons/images/YouTube-logo.png
    Freenode IRC: #magi  |   Skype: coin.magi  |   QQ group: 337678945  |   Email: support@coinmagi.org
    http://coinmagi.org/misc/images/magi-thread/OP/space.png
    MagiPub | MagiPay | MagiMining (Discussion) | MagiDev | MagiCampaign
    http://coinmagi.org/misc/images/magi-thread/OP/space.png
    http://coinmagi.org/misc/images/magi-thread/OP/line-02.png
    Website | Forum | Wallet Downloads | Source code
    (wallet version: 1.2.1.1)


    http://coinmagi.org/misc/images/magi-thread/magi_260.png
    Launched on Sep. 15, 5:00 PM EST

    http://coinmagi.org/misc/images/magi-thread/OP/Magi-sum-07.png

             # CPU Miner (source code)
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png NeedIfFindIt's GUI Magi Miner - Auto-adjusting hashrate: 0.9.6 Alpha, Files hosted on coinmagi.org; Another simple gui
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png Spexx's package - Original post, Release 12/03/2014, Release 11/02/2014, Speed controller ; Files hosted on coinmagi.org
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png MarcusDe's package - Dowload, Guide, Generic miner; Files hosted on coinmagi.org
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png Running miner in a VPS [linux os]
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png Cygwin compilation (windows)
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png Compile and run CPU miner on Mac OS
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png How to run a minerd

              # Wolf's optimized miner (source code)
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png Download from sourceforge

              # Wolf's optimized miner V2 (source code)
               http://coinmagi.org/misc/images/magi-thread/OP/bullet-01.png Optimizing of Wolf's code (~50%+): Download from sourceforge

              # m-cpuminer-legacy-v2 (source code)
                 This miner (optimized V2) is the same as generic CPU minerd except an additional option flag "-e cpu_efficiency", that allows adjusting cpu efficiency between 1 - 100.
    Code:
    minerdlegacy -o stratum+tcp://pool_url:pool_port -u pool_user.worker -p password -t thread_numbers -e cpu_efficiency


    http://coinmagi.org/misc/images/magi-thread/OP/space.png
    [Donating the magi-project]
    XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
    BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq
    LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC


    01/26/2015: Optimized miner; https://bitcointalk.org/index.php?topic=735170.msg10273772#msg10273772
    01/04/2015: MagiPay internal tests; https://bitcointalk.org/index.php?topic=735170.msg10039030#msg10039030
    12/31: Sharping the PoW rewarding system & updates to make PoS-II the most secure coin so far; https://bitcointalk.org/index.php?topic=735170.msg9991269#msg9991269
    12/28: Magi JSON-RPC libraries for C++ and Node.js; https://bitcointalk.org/index.php?topic=735170.msg9967546#msg9967546
    12/20: Some notes; https://bitcointalk.org/index.php?topic=735170.msg9900074#msg9900074
    12/03: Preview of MagiPay - standalone payment gateway for Magi; https://bitcointalk.org/index.php?topic=735170.msg9731024#msg9731024
    11/12: Magi Multipool; https://bitcointalk.org/index.php?topic=735170.msg9526629#msg9526629
    11/11: MagiTeam & roadmap & plans; https://bitcointalk.org/index.php?topic=735170.msg9511891#msg9511891
    11/10: Bittrex market is live; https://bittrex.com/Market/?MarketName=BTC-XMG
    11/09: Magi-stratum for setting up pools; https://bitcointalk.org/index.php?topic=735170.msg9493680#msg9493680
    11/08: Poloniex trading and escrow service; 720,000 XMG burned (93m4hAxmCcGXMfnjVPfNhWSjb69sDziGSY); https://bitcointalk.org/index.php?topic=735170.msg9475622#msg9475622
    11/06: Coins Source Trust Index (7/7); https://bitcointalk.org/index.php?topic=735170.msg9460819#msg9460819
    10/30: MagiTor and some other updates; https://bitcointalk.org/index.php?topic=735170.msg9378469#msg9378469; Downloads: http://coinmagi.org/files/magi-release/magitor
    10/24: Mandatory wallet update [Hardfork] M7M-v2, block rewards, difficulty adjustment - Magi quantum wave (MQW) and PoW-II phase updates; https://bitcointalk.org/index.php?topic=735170.msg9310611#msg9310611
    10/17: Enhancing CPU mining: M7M hardfork in testnet 10/17/2014 8:00 PM EST; https://bitcointalk.org/index.php?topic=735170.msg9230961#msg9230961
    10/07: Coin swap final: total 227,140 XMG will be used for swap, that is only 0.9% of total supply; swap ratio: 16 old Magicoin => 1 XMG; coins swapped no more than 10% of total XMG in circulation, escrow will be used to hold unswapped coins: https://bitcointalk.org/index.php?topic=821170.msg9190490#msg9190490; unswapped coins (except some bounties we paid, like translation, video, etc) will be destroyed. I believe this is very much a guarantee for the miners/investors.
    10/07: PoS-II: https://bitcointalk.org/index.php?topic=735170.msg9121445#msg9121445
              Coming updates & regarding coin swap; https://bitcointalk.org/index.php?topic=735170.msg9111697#msg9111697
    10/02: Anyone can lead a MagiCampaign; https://bitcointalk.org/index.php?topic=735170.msg9060955#msg9060955
    09/29: Proof of mining campaign; https://bitcointalk.org/index.php?topic=735170.msg9019696#msg9019696
                                                     https://bitcointalk.org/index.php?topic=802681.0
    09/28: Releasing MagiPublication (http://arxiv.org/abs/1409.7948), new block rewards explained, statement of future plans; https://bitcointalk.org/index.php?topic=735170.msg9008850#msg9008850
              [Available online] https://bitcointalk.org/index.php?topic=735170.msg9023457#msg9023457
    09/26: About the new block reward and more; https://bitcointalk.org/index.php?topic=735170.msg8976083#msg8976083
    09/25: Proposal of algo revision, half-closed source code, pool limiting hash; https://bitcointalk.org/index.php?topic=735170.msg8968087#msg8968087
    09/24: Initiate coin swap; https://bitcointalk.org/index.php?topic=735170.msg8950501#msg8950501
    09/23: Build a solid cpumining network; pls setup FREE VPS; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103
    09/21: How does the new block rewarding system look like: fist look; misc (IRC): https://bitcointalk.org/index.php?topic=735170.msg8919460#msg8919460
    09/20: Need five pools to support Proof of Mining Campaign; https://bitcointalk.org/index.php?topic=735170.msg8906452#msg8906452
    09/20: Mandatory wallet update v1.0.0.2; https://bitcointalk.org/index.php?topic=735170.msg8898198#msg8898198
    09/19: MagiPlans and more info; https://bitcointalk.org/index.php?topic=735170.msg8892210#msg8892210
    09/19: An potential adjustment of block rewards - diff; https://bitcointalk.org/index.php?topic=735170.msg8884670#msg8884670
    09/18: Urgent, please repond; https://bitcointalk.org/index.php?topic=735170.msg8878920#msg8878920
    09/16: XMG needed for bounties (translation); https://bitcointalk.org/index.php?topic=735170.msg8851642#msg8851642
    09/16: A short summary and an issue to be resolved; https://bitcointalk.org/index.php?topic=735170.msg8845155#msg8845155
    09/13: Mining test before launch; https://bitcointalk.org/index.php?topic=735170.msg8824996#msg8824996
    09/13: A guide for VPS mining; https://bitcointalk.org/index.php?topic=735170.msg8800103#msg8800103
    09/10: OP & coin distribution review; https://bitcointalk.org/index.php?topic=735170.msg8755719#msg8755719
    09/07: About CPU PoW algorithm; https://bitcointalk.org/index.php?topic=735170.msg8716805#msg8716805
    09/04: Miners, possible M7-N algo; https://bitcointalk.org/index.php?topic=735170.msg8680640#msg8680640
    08/30: 2nd testnet; https://bitcointalk.org/index.php?topic=735170.msg8593208#msg8593208
    08/25: cpu&gpu miners ported; cudaminer needs test though: https://bitcointalk.org/index.php?topic=735170.msg8533387#msg8533387
    https://github.com/magi-project
    08/23: CPU miner is ready for 2nd test: https://bitcointalk.org/index.php?topic=735170.msg8499202#msg8499202
    08/21: we got an issue, will fix and run the testnet again: https://bitcointalk.org/index.php?topic=735170.msg8463488#msg8463488
    08/20 (PoS-II): https://bitcointalk.org/index.php?topic=735170.msg8453963#msg8453963
    08/18: 1st testnet; https://bitcointalk.org/index.php?topic=735170.msg8427923#msg8427923
    Summary of past important updates: https://bitcointalk.org/index.php?topic=846579.0





    12/13: Crypto Mining Blog: http://cryptomining-blog.com/4017-coin-magi-xmg-cpu-only-alternative-crypto-currency/
    12/01: Coinkita.com (a bitcoin educational community startup) (Indonesian ): http://coinkita.com/xmg-magi/
    11/23: BTC-Germany: http://blog.btcgermany.eu/altcoin-der-woche-magicoin-xmg/
    11/15: The Bitcoin News: http://thebitcoinnews.com/2014/11/15/coin-magi-cpu-miners-dream-proof-of-mining-pos-ii/
    11/14: Coins Source: http://www.coinssource.com/coin-magi-a-cpu-miners-dream-proof-of-mining-pos-ii/
    10/31: Mundo Crypto: La moneda de distribución justa (Spanish); http://www.mundocrypto.com.ve/uncategorized/magi-xmg-la-moneda-de-distribucion-justa/
    10/29: The Einsteinium News: https://sites.google.com/site/einsteiniumbiz/home/page-2
    10/28: The Bitcoin News: http://thebitcoinnews.com/2014/10/28/coin-magi/
    10/28: Cryptos.Us: http://cryptos.us/crypto-news/item/58-coin-magi-a-unique-cpu-coin
    10/21: Satoshis.Guru: http://www.satoshis.guru/home/coin-info/magicoin/
    10/19: The Cryptocoin Chronicle: http://cryptocoinchronicle.com/2014/10/magicoin-coin-cpu-miner/



    http://coinmagi.org/misc/images/magi-thread/OP/space.png
    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png
    Payment gateway
    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png



    Coin Magi is listed in the TOP position of Coin Market App along with
    Bitcoin, Litecoin, Ripple, BitsharesX, NXT, and Peercoin.

    https://i.imgur.com/TPYbHXK.png  https://i.imgur.com/A1kebUF.png



    http://coinmagi.org/misc/images/magi-thread/OP/timeline-0-01.png
    http://coinmagi.org/misc/images/magi-thread/OP/space.png


    http://coinmagi.org/misc/images/magi-thread/OP/space.png
    http://coinmagi.org/misc/images/magi-thread/OP/timeline-1-01.png
    http://coinmagi.org/misc/images/magi-thread/OP/timeline-2-01.png



    How does it work?
    1. A merchant creates an account at m-epays.com; after successful registration one can create a payment box;
    2. m-epays.com issues MagiPay account details;
    3. Integrate MagiPay to merchant's website;
    4. Customer clicks the 'Pay with magi' button, MagiPay connects to m-epays.com server and requests for a specific payment box;
    5. m-epays.com issues a MagiPay address and the total amount to be paid;
    6. Customer sends coins to the MagiPay address;
    7. Once the payment is received and confirmed, the server informs the successful payment;
    8. After 1 hour upon the payment is received, the server automatically transfer the amount of magi to merchant's registered external wallet address.

    What's special?
    1. Fully configurable compared to the third party service provider, since we ourselves will develop and manage the system;
    2. Using the payment service provided by MagiPay will be free, in comparison with cases which charge minimum 0.5%. Additional feature to make use of the free service is the inclusion of fiat/BTC-XMG conversion, which practically reduces charge accumulated during the process, where payment is done typically by, for example, the credit card.
    3. Delivery:
    • Phase #1: Basic functionality, e.g., buying goods online via using XMG (end of December or so)
    • Phase #2: Embedded with advanced features (survey, see blow)
    • Phase #3: The inclusion of the fiat/BTC-XMG exchange.

    Survey of advanced features:  
    https://docs.google.com/forms/d/1cq1E-8hvOcaOaAFPES9X9IIf1gV9ZP-ibgWbVUsBOfY/viewform?usp=send_form




    PoW phase I:  block 1 - 50,000; block rewards between 5 and 300 XMG
    PoW phase II: block > 50,000;   block rewards between 3 and 50 XMG
    PoS-II: initiated at block 10080 (see following details)


    Code:
    addnode=104.128.225.215
    addnode=216.189.144.213
    addnode=162.245.217.165
    addnode=104.131.57.65
    addnode=104.131.42.100

    Code:
    posii=0
    (Disable PoS-II)



    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    http://coinmagi.org/misc/images/magi-thread/OP/space.png

    A network-dependent rewarding system: proof-of-mining (http://arxiv.org/abs/1409.7948)
    http://coinmagi.org/files/publications/proof-of-mining-arxiv.png
    arxiv is an e-prints. it has received paramount attention in the academy: http://en.wikipedia.org/wiki/ArXiv [Begun on August 14, 1991,
    arXiv.org passed the half-million article milestone on October 3, 2008. By 2012 the submission rate had grown to more than 7,000 per month].




    Games



    MagiSocial

    Faucet


    Donation:
    XMG:  95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
    BTC:  188AmugttD1jfy2xYNy6muTzVzYha1JEuq
    LTC:  Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC
     
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    joelao95
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    Coin of the Magi!


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    February 24, 2015, 01:17:19 AM
     #2

    reserved.


      Coin MAGI  . XMG   
    Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
      ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
      ANN THREAD MAGIPAY FAQ FORUM
    .CPU Mining   PoS-II   PoM   Unique Block Reward 
    joelao95
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    Coin of the Magi!


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    February 24, 2015, 01:17:28 AM
     #3

    reserved.


      Coin MAGI  . XMG   
    Coin Source : Trust Verified    [ ★ ★ ★ ★ ★ ★ ★ ]
      ♓.NΣTWORK-DΣPΣNDΣNT  RΣWARDING SYSTΣM  ※ 
      ANN THREAD MAGIPAY FAQ FORUM
    .CPU Mining   PoS-II   PoM   Unique Block Reward 
    Gladimor
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    February 24, 2015, 01:21:43 AM
     #4

    Interesting, I still remember the day this coin launched Smiley chilling in IRC and all...

    Best of luck on this project and endeavour!

    Mining since 2014
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