Magi XMG unique M7Mv2 PoS-II PoW next generation currency for people everywhere!

[111magic]

MAGI
Website | Downloads |  Exchanges | Forum | MagiPay | CPU Miner | Features | FAQ

Facebook | Twitter | Reddit | Youtube | Freenode IRC: #magi | Slack | Telegram
Launched on Sep. 15, 2014, 5:00 PM EST

New m-wallet v1.4.4.1

m-wallet v1.4.3

v1.4.3 - (08/25/2018)
v1.3.1 Release - (02/10/2017)
v1.3.0rc1 - (06/22/2016)
v1.2.0.1 Release (Hard Fork) - (12/31/2014)

MagiPay - Standalone Payment Gateway
https://www.m-pays.com/

Roadmap:
https://roadmap.coinmagi.org/

Features:
A network-dependent rewarding system: proof-of-mining
mPoS

CryptoID: https://chainz.cryptoid.info/xmg (by fairglu)
Pool Info: https://poolinfo.systms.org (by ex33s)
https://poolinfo.systms.org/map (by ex33s)

Summary

Magi (XMG) is a PoW/PoS hybrid coin (mPoW/mPoS). Magi is designed with difficulty dependent mining reward for proof-of-mining (PoW) blocks in order to put network hashrate under a certain limit. Magi at the first time implements a novel proof-of-staking mechanism, to frustrate potential attack through accumulating a large number of coins and offline staking time (read more..). Magi is at the first concentrating on the low cost in maintaining its block system, for example, through cost effective mining devices. To this end, Magi, aiming at fairness, cost effective and energy efficiency, strives for every single effort to make mining be available to everyone, and provides an even playing field for people looking to issue digital coins without expensive equipment.

mPoW, the magi's proof-of-work (PoW) protocol, in addition to required computational works to be done to deter denial of service attacks, is also a network-dependent rewarding model system. The mPoW rewards participants who solve complicated cryptographical questions not only to validate transactions but also to create new blocks and generate coins. The amout of coins generated are constantly monitored by the mPoW protocol and tuned on the basis of an attraction-repulsion model: 1) incremental rewarding to stimulate network activities during passive mining phase, and 2) decremental rewarding to mitigate redundant mining sources during agressive mining phase. mPoW can effectively govern the magi's network and limit it under a certain scale, enabling the general devices to be capable of mining magi. ++ For details - A network-dependent rewarding system: proof-of-mining

mPoS, the magi's proof-of-stake (PoS) protocol, aims to achieve distributed consensus through operations in addition to mPoW. mPoS is designed such that it rejects potential attacks through accumulating a large amount of coins or offline staking time, either of which leads to security concerns. Similar to mPoW's operation, mPoS is constructed in accordance with the concept of the attraction-repulsion model. Magi hybridizes mPoW with mPoS, and integrate both consensus approaches in order to acquire benefits from the two mechanisms and create a more robust payment system. ++ For details - magi's PoS

 [MagiIntro Video] - What is Coin of the Magi?


Wallet (v1.4.4.1)
Windows (ZIP): http://coinmagi.org/bin/m-wallet-1.4.4.1/m-wallet-1.4.4.1-win.zip
Windows Installer (x32/x64): http://coinmagi.org/bin/m-wallet-1.4.4.1/m-wallet-1.4.4.1-win-setup.exe

Linux: http://coinmagi.org/bin/m-wallet-1.4.4.1/m-wallet-1.4.4.1-linux.tar.gz
Mac OS X: http://coinmagi.org/bin/m-wallet-1.4.4.1/m-wallet-1.4.4.1-osx.dmg
FreeBSD: http://coinmagi.org/bin/m-wallet-1.4.4.1/m-wallet-1.4.4.1-freebsd.tar.gz

Block chain: http://coinmagi.org/bin/block-chain/
Release notes: http://coinmagi.org/bin/release-notes.md

Logo:

http://coinmagi.org/files/logo/v2
Old version: http://coinmagi.org/files/logo/v1

Specifications
Symbol: Σ

Proof of Work (PoW)
Disable huge hash - Specific PoW block reward design to maintain the network hashrate and make mining available to CPU (more..)
M7M (v2) PoW hash function
Block time - 3 minutes
MagiQuantumWave (MQW) difficulty adjustment per block

Proof of Staking II (PoS-II)
Security enhanced - Variable coin age depending on the staking time (more..)
Minimum coin age - 2 hours
Interest rate - network weight dependent with maximum 5%;
Block time - 1.5 minutes
Block hash - SHA256
Maturity: 120
     (Set posii=0 in magi.conf to disable PoS-II)

Total supply: 25 million
RPC - 8232, P2P - 8233

Exchanges
Bittrex | Cryptopia | Novaexchange | CryptoDAO | YObit.net

CPU Miner

http://m-core.org/resources/mining.html

Source: https://github.com/magi-project/m-cpuminer-v2
GUI (m-cpuminer-qt): Windows 64, 32, Mac OS X, Linux 64, Source, Github release
NeedIfFindIt's GUI Miner: Makejar download (Windows), Coinmagi.org host download
m-minerd (m-cpuminer-v2): Windows 64, 32, Mac OS X, Linux 64, Source, Github release
Spexx's minerd: Download here (Windows), Coinmagi.org host download
Guide to launch the miner
Adjust CPU mining usage: "-e cpu_efficiency" between 0 - 100 (i.e., 0 - 100%)

Code: [Select]

m-minerd -o stratum+tcp://pool_url:pool_port -u pool_user.worker -p password -t thread_numbers -e cpu_efficiency

Pools
Suprnova | MaxMiners | m-hash | MinerClaim | Magi (XMG) Mining | ZPOOL | MiningRigRentals

NOMP Pools:
http://magi.altexplorer.xyz/
http://h2701744.stratoserver.net:85

Block Explorer
CryptoID | m-chain.info

(104.128.225.215)
http://178.17.174.27:8280/m-chain
http://178.17.174.27:8280/m-chain/json.php?d=bestblockhash

Videos





Connections
The fruitsclan (the world wide multi-gaming clan, thanks to Goldlabel): Netherlands site, English site

m-pays - MagiPay: http://www.m-pays.com (Active on 06-14-2017 )

Update & News
03/13/2015: Light Splasher Graphics: http://www.lightsplasher.com/2015/magi-coin-review/
03/07/2015: Crypto Mining Blog: http://cryptomining-blog.com/4491-cpu-mining-the-coin-magi-xmg-what-can-you-expect/
03/02/2015: Crypto Mining Blog: http://cryptomining-blog.com/4459-are-you-looking-for-a-cpu-crypto-coin-try-coin-magi-xmg/
02/24/2015: 24/7 Cryptonews: http://247cryptonews.com/coin-magi-dream-transformed-in-reality-for-cpu-miners/
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/

Roadmap
https://roadmap.coinmagi.org/

FAQ
1. The staking has "Not enough weight", what should I do?
For the regular PoS, "Not enough weight" means insufficient staking time. For Magi's PoS (mPoS), however, the cause can be correlated with the over-time staking. The latter is a typical issue raised by people from time to time. There is only one way to solve this which can be done via resetting staking from scratch: send XMG to another address in the same or another wallet. You may want to use the "Coin control" feature in order to select the input sources. Do not try to stake with a significant amount of XMG that mitigates the weight as well. Once this is done, remaining the wallet running shall gains some staking weights.

Nodes
104.128.225.215
216.189.151.56
103.11.64.40

To keep you all informed about updates in the OP.

[111magic]

Hi crypto-friends,

At this moment Magi is running smooth again.
Bittrex & Novaexchange updated the wallets and XMG can start the trades there again. Cryptopia exchange also updated the XMG wallets but added XMG on the delisting list during the period XMG had to solve the chain issue.
Magi hopes Cryptopia would consider to keep our unique M7M-V2 currency on their exchange.

https://twitter.com/Coin_Magi_XMG/status/914027478108246017

[111magic]

Magi XMG added on https://www.earncrypto.com/?r=72605

[111magic]

Good news: Magi XMG will not be delisted on Cryptopia.
Thanks Cryptopia 🖒

[111magic]

author=loutchano link=topic=735170.msg23294831#msg23294831 date=1508539410]
New Pool Magi 1% Fee



http://pool.mineblocks.co.uk/getting_started

Configure Your Miners

stratum+tcp://stratum.mineblocks.co.uk:3038 -u YOUR WALLET -p x

Ports ( 3038 )  ( 3039 Nicehash )  All ports Vardiff


Twitter : https://twitter.com/MineBlocksPool

Telegram : https://t.me/mineblocksp

Happy Mining

[111magic]

Magi XMG can add another new pools to the list.
Awesome! Welcome in our friendly Magi community

[111magic]

Magi XMG is working on awesome developments
Check roadmap on http://m-core.org

[111magic]

http://coinmarketcal.com/?form%5Bmonth%5D=&form%5Byear%5D=&form%5Bcoin%5D=Magi+%28XMG%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Awesome community: help Magi XMG with some votes!! 💪

[111magic]

N-Engine Multi Pool Server

MAGI is still on our pool!

http://pool.n-engine.com

- FREE (donation only)
- Dedicated server (European - US - ASIAN link)
- Fast! (Gigabit link on optical fiber!)
- DDoS protection
- GeoDNS balancing system
- Support 24h/7 (Mail, Troll box, Irc channel)

Payouts are made automatically every 10 minutes for all balances above 0.5, or 0.05 on Sunday.

No more fee, more coin for YOU!

Happy FREE mining !

Main Pool url : http://pool.n-engine.com

You can follow us @Twitter : https://twitter.com/NeCrypto

Support :
On IRC : freenode > #N-Engine
By mail: contact[a.t.]n-engine.com

Magi welcomes another new mining pool!

Miners share the hashrate & start mining.

https://crypto.n-engine.com/site/mining

[111magic]

I would like to share some other thoughts.
I think it would be very good for the future of Magi if we can get more attention for Magi to the growing crypto-workd. Because of the huge attention BTC receives at this moment more and more people are starting with Crypto.

New campaigns, articles and other things are needed for that. But not all things are free in Crypto-world. Personal i donated more than 100k xmg for promotions & campaigns. I hope our awesome Magi community would help with some crowdfunding to achieve new campaigns & promotions. Like a cool give-away or something else.
If you like to support Magi check the btc address in my profile or the xmg address in my signature.
Because i'am promoting Magi for more than 3 years now,
i dare to ask this. Thanks for reading!

Hey, I'll see if I can get something together over the next few days, I'm still not a massive holder - but every little helps right?

Thanks i received the first donation! Hope to launch a campaign soon. (was that yours Starmman?)

No, wasn't me - Didn't get to it yet. This Bittrex 'removing order' development has messed my organisation up quite a bit

EDIT - should be some Magi on its way to you now...

Received! Thanks for your donation! Magi appriciate that very much! 👍

[111magic]

 Magi hopes to launch something soon! 😉

[111magic]

https://tradesatoshi.com/Exchange?market=XMG_BTC
Magi added on new exchange!

[111magic]

Magi XMG added on: https://coincheckup.com/coins/magi/analysis

[111magic]

All Magi XMG friends: backup wallets there will come a hardfork with improvements soon. More details will follow later. Keep eyes on Magi

[111magic]

https://feedback.altcoinexchange.com/suggestions/2760/magi-xmg

Awesome results in a couple days here for Magi.
Keep voting!💪