Magnet MAG

Price
0.00000249 BTC
0.000079178 ETH
0.015617916 USD
Changes
1h +0.00%
24h +0.00%
7d -13.57%
Volume, 24h
0 BTC
0 ETH
0 USD
4

Coin Swap

2
Event added 9/27/2018 2:19:15 PM
11 November 2018
Swap Quote Source
F
Added by
FredericRezeau
0
D
0
H
0
M
0
S
MAGNET was launched almost a year ago. Since then we have released several services and created an inclusive MAG ecosystem including our biggest achievement to date: the release of Magnet Merchant Tools which offer streamlined invoicing, checkout flow and truly decentralized B2C payments to standalone and Woocommerce websites. Our first year was also punctuated by many security challenges (including 2 hard forks) that we successfully solved while creating unique solutions such as the secluded miners, and masternode meta data, a 100% decentralized solution to masternode Proof-of-Work rewards. After a thoughtful overview of our codebase, we have decided that we would need a major update to encompass the latest technology improvements from Bitcoin Core and move forward with our infrastructure from solid grounds. We have therefore decided to re-base our chain from a PIVX fork. PIVX being a direct fork of Dash and Bitcoin Core (as well as a great team), we would then be able to incorporate security and infrastructure improvements very quickly while focusing on the core features we bring to MAG users. While most specs will remain unchanged, a few protocol changes will occur and contribute to improved security and scalability: - Moving from PoS/PoW hybrid to full PoS. - Faster block time for merchants (60 seconds). - Steadier rewards scheme. We will communicate in more details (date, timeframe, modalities) in the coming days through announcements and blog posts so stay tuned. Any questions feel free to ask. PARTICIPANTS All holders of MAGNET (MAG) currency. LOCATION Exchanges to be determined (watch for updates).

What will happen with the cryptocurrency after the event?

Market Cap
575K USD
CMC Rank: 1300
Coindar Social Index: 1294
Masternodes
Required 10,000 MAG
Worth
156.17916 USD
0.0249 BTC
Own blockchain
Algorithm: X11
Proof type: PoW/PoS
Circulating supply: 36864194
Community size:
2 042
Magnet is listed on CoinExchange$63 CryptoBridge$1
Near the exchange name you can see a Magnet volume for the last 24 hours
2

Web & Mobile Wallets

1 quarter 2019
Event added 1 month ago

Magnet MAG

2

Coin Swap

11 November 2018
Event added 1 month ago

Magnet MAG

1
Event added 23 days ago
2

Rewards Halving

20 August 2018
Event added 3 months ago
1

Listing on Cryptopia #118

4 April 2018
Event added 7 months ago

Listing on CREX24 #129

10 February 2018
Event added 9 months ago

Listing on CryptoBridge #149

14 January 2018
Event added 10 months ago

Mac OS Wallet Release

December 2017
Event added 11 months ago
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