To ALL,
The fork takes place from one pool to another, and that I believe something fundamental needs a clarification as we haven't seen this before. This has messed around the mining. I suggest stop mining at this time until we firstly 1) get a keep-it-going solution, and 2) root cause finding and a solution to the fork. The mining just going on, unfortunately, doesn't make sense to me, and I would propose a rollover back to a fair point. Let me know if rollover sounds good to you, and where you want to startover.
I think many would agree that our goal is to get Magi back to stable coin. If rollover back is necessary, so let's perform this. About point - if rollover purpose is to remove some unfair block(s) so let's choose the last fair block before first unfair one in straight chain in order to minimize the loss.
I agree with those words!
Do not forget coins have been rolling out to exchanges and being sold. If you rollback ("edit") the blockchain hard enough, exchanges will get back on Magi, as they will lose those funds already sold, and eventually delist XMG... I've seen this happen at Cryptopia for another coin.
At one point - delist, at the other one - re-delist. Looks like we should choose between bad option (rollback) and very bad option (fair chain absence at all). Or maybe I'm wrong and situation not so bad? If no, I think I have no doubts which one to choose.
Hmm its not a easy desicion.
We have look at different consequences for Magi, miners, holders, exchanges etc.
Rollback or new XMG with coinswap there are many different options.
The whole idea about Magi is very good. If we work together we can make a difference in cryptoworld.
Think we us about the options & share ideas!
