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Author Topic: Magi XMG unique M7Mv2 PoS-II PoW next generation currency for people everywhere!  (Read 133360 times)

111magic

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Hmm Yefet  ::)

To keep it fair for all people i need to check the balances.
If you have spread it between more addresses i can accept it if you send it to the wallet-address you gave for joining the Proof of Interest campaign. If thats ok with you let me know.

OK, you may check the balances and tx for both addresses,
I didn't spread the coins between two addresses, as far as I understand it happened that when I sent 470 XMG to the POSwallet  the change (1000 XMG) returned to another address  :-[

No problem amigo. Just send me the main walletaddress pm.
https://www.m-core.org
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111magic

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http://www.blockchaindynamics.net/voting.html

Friendliest Community 2016

[ X ] Magi

Nothing more to say I think  ;D
Bumping this towards the top of the new page - maybe it'll attract a few more votes =)
Voted! Thanks for link Vin!
And for the bump Starmman.
-------------------------------------------------

Hope our Magi Bitcoingarden friends will help us with some votes!
https://www.m-core.org
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secco

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    yefet

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    http://www.blockchaindynamics.net/voting.html

    Friendliest Community 2016

    [ X ] Magi

    Nothing more to say I think  ;D
    Bumping this towards the top of the new page - maybe it'll attract a few more votes =)
    Voted! Thanks for link Vin!
    And for the bump Starmman.
    -------------------------------------------------

    Hope our Magi Bitcoingarden friends will help us with some votes!

    just have added my 2 cents  :)

    111magic

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    Great thanks guys!!!
    https://www.m-core.org
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    111magic

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    Good news for the Magi community.
    Proof of Interest campaign IV:

    Interest 6.7%  :)

    Last interest-shares will be paid today!!
    https://www.m-core.org
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    111magic

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    The latest code v1.3.1 is live on the master branch [https://github.com/magi-project/magi]. The Qt was tweaked the most and all prior issues were fixed. Remaining issues are likely broken daemon compilation at this moment, and a bit more tweaks for OSX too; I'll fix.

    If you can't wait for official compiled wallet, pls do so of compilation on your own. We're using LevelDB; if you're upgrading from version prior to v1.3.0, pls sync from scratch, or download (a while ago): http://coinmagi.org/bin/block-chain.

    Great stuff, looking forward to seeing the new client - I might run a windows build over the weekend when I get back to the country.
    https://www.m-core.org
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    111magic

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    Great. Thanks for the update, Joe! It's been quite some time since I left out of buying and staking Magi, since I have been very busy with things like college, among other stuff, but I would gladly get back into Magi soon as it is one of the best altcoin out there.

    Hopefully, with the release of the new QT wallet, Magi could get even more attention and increase in price. I wish that Magi could reach $0.05 USD or higher this year.

    Nevertheless, I'm looking forward for more exciting news like these.  ;)


    By the way, do you happen to know how do I compile the Magi wallet for Raspberry Pi 3? I'm trying to figure it out, but haven't gone anywhere as I'm not very tech savvy. Any help would be greatly appreciated.  :)

    Glad to see you again. It's been some time for me on the work stuffs as well. :) I'm not yet into Raspberry, but someone did a guide as I remember. I'll try to find it out. Also I'm interested to get a Pi like for staking; either way I'll figure out a guide.  

    You mean this one Joe: https://raspi2miner.wordpress.com/tag/xmg/

    https://www.google.nl/url?sa=t&source=web&rct=j&url=/amp/s/raspi2miner.wordpress.com/2015/11/29/magicoin-xmg-miner-for-raspberry-pi-2/amp/&ved=0ahUKEwjCvuS_gsvRAhWJQBoKHaa5C4AQFgglMAI&usg=AFQjCNE_RoINm_s-5sO0pyiyuDWQIwL55Q&sig2=5hb0G-5SD0jPSZ-jMsEmjg
    https://www.m-core.org
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    111magic

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    Build your MagiCoin XMG Wallet
    tested at pi2

    Code: [Select]
    sudo apt-get update
    sudo apt-get upgrade

    sudo apt-get install -y gcc-4.9 g++-4.9
    sudo apt-get install -y libgmp-dev libcurl4-openssl-dev libjansson-dev git

    sudo apt-get install -y libdb5.3-dev libdb5.3++-dev
    sudo apt-get install -y libboost-all-dev
    sudo apt-get install -y libqrencode-dev
    sudo apt-get install -y libminiupnpc-dev libminiupnpc

    for v1.3.0-RC :
    Code: [Select]
    BRANCH="1.3.0rc"
    mkdir $BRANCH
    cd $BRANCH
    git init
    git remote add -t $BRANCH -f origin https://github.com/magi-project/magi.git
    git checkout $BRANCH

    cd src/

    Now edit your makefile.unix
    goto line 108 :

    Code: [Select]
    ifeq ($(xCPUARCH),armv7l)
    and replace it with :

    Code: [Select]
    ifeq ($(xCPUARCH),armv7l)
    xCXXFLAGS+=-Ofast -mcpu=cortex-a7 -mfpu=neon-vfpv4 -mfloat-abi=hard

    now build magid with :
    Code: [Select]
    make -f makefile.unix xCPUARCH=armv7l
    https://www.m-core.org
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    111magic

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    Can i get the windows 1.3.1 windows exe from somewhere , and how much ram does the wallet take up fully synced?

    I'll get it out soon, and will provide an up-to-date blockchain so you won't need sync from scratch.

    Our awesome dev is working on improvements! :)
    https://www.m-core.org
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    111magic

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    Good news for the Magi community.
    Proof of Interest campaign IV:

    Interest 6.7%  :)

    Last interest-shares will be paid today!!

    WOOT WOOT, just got my Proof of Interest. Thank you!
    https://www.m-core.org
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    111magic

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    Hey guys, I see several questions in the last few pages here and thought I'd try to help out a little.  First, cryptonit's post a page back explains most everything needed, here's a direct link:
    https://bitcointalk.org/index.php?topic=735170.msg17764471#msg17764471

    Second - many wallets show up with false positives for malware scans.  Here's a direct link to Virus Totals latest scan results of the wallet:
    https://www.virustotal.com/en/file/da02dcf645121778640e90f817a0ef161e3304f30ff3230100ab1fe14e4bb363/analysis/1486619948/

    That's clean as far as I'm concerned and the Chinese 360 antivirus software has been labeled as malware before so I wouldn't trust it myself.

    Third - the current wallet does have a 'warning' at the bottom that says it's a pre-release test build...  we know this, it works fine and Joe is currently working on a new version that will remove the warning, just have a little more patience.

    A few pointers from my experience - my wallet stakes daily with no issues.

    1 Sync the wallet with a new empty wallet.dat file - this will go quicker and without errors.
    2 After it is sync'd, swap out the dat file with your wallet that has your coins and it will quickly begin staking.
    3 A good rule for block size is to keep your stacks around 1000 - 2500 coins each and you will stake on average once per day per stack.  Use coin control to achieve this.
    4 Use the conf file to automatically maintain the block sizes for you.

    If you have a block of coins with more than 10,000 confirmations, or more than approximately 5 days without staking - it's already losing weight and might not ever stake, resend them back to yourself and start the timer over again.  Tiny amounts of coins (or what we call Dust) also may never stake, combine those into larger blocks.

    Those of you with blocks of coins above 10k or 15k, if they don't stake within a day, they won't and you should split them up into smaller groups - that's been my experience anyway.

    Once you are sync'd, use the magi.conf to automatically manage your wallet and block sizes for you.  There's several methods for doing this, here's is mine - it will automatically keep your block sizes between 800 - 2200 coins and those will stake on average once every day.

    magi.conf
    # Transaction under stake with a value greater than the threshold is being splitted
    stakesplitthreshold=2200
    # Transactions with values less than the threshold will combine into one
    stakecombinethreshold=800
    addnode=104.128.225.215
    addnode=104.131.42.100

    Hope that helps.

    edit: Also what Jookly said a couple posts above about using coin control - learn how to use it to get the most out of staking and preserving your coin age.

    ... A few more notes based on my experience:

    Staking blocks above 5000 coins is hit or miss.

    Sweet spot I've seen is 1500 - 2000 coins per block - it pretty much stakes once every day.

    When combining coins into larger blocks - limit the transaction to about 25 blocks per transaction, more than that will be slower.  Repeat until you finally get to the block sizes you want.  if you've never done this, you might have thousands of blocks of 'dust' that need to be combined and it will take a while, but once you are done and have the magi.conf in place, it will be automagic from that point on.  The wallet will also be faster once you clean up thousands of smaller blocks.

    If you did have thousands of blocks of dust, consider re-sending all to a brand new wallet - just compare the size of your old wallet to a brand new wallet and you'll see what I mean.

    If you haven't staked for more than 10 days - resend the coins back to yourself to restart the timer because I'm pretty sure it will never stake at that point.

    Larger block sizes (more than 10k) should stake within the day, and I think they start losing weight quickly.

    If you are also mining, don't forget to combine those small blocks into larger blocks as well.

    Backup your wallet NOW.  And make multiple backups, in multiple locations, trust me on this lol.
    https://www.m-core.org
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    111magic

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    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: [Select]
    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.
    https://www.m-core.org
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    111magic

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    @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

    Message from Cryptonit!
    https://www.m-core.org
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    111magic

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    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.  :)
    https://www.m-core.org
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