RE-BUMP this post from earlier because it had some great content to follow along with. I think the timeline is extremely relative to the success its headed on, and how it expands the industry.
What does that mean? More miners, more adoption, and better reward benefits that payout fairly.
Great idea on the timeline. The one I created needs to be graphically updated. I'll use your updates in it.
[MagiTeam & roadmap & plans]
Here something has happenedgonna happen.
1) So far I liked the XMG implementation and what's been happening; myself had a lot time spent on the basic stuffs. Speaking of a coin/cryptocurrency, obviously we need far more than that. But speaking of a coin/cryptocurrency, we do need strong fundamentals. I am not pretty getting the idea why a coin should be mined only 7 days with GPU ASIC and then fully relies on PoS, do you? This is where I see interesting in XMG. The M7M algo (v1 & v2) just sits there well; I couldn't imagine there goes on tons of numerical/floats computations in addition to hash in order to maintain the public ledger in this system. The floats computation like the M7M algo appears to be a mess regarding the calculation, but just going well. M7M is never a beauty of perfect ago, but it works as far as we can see, along with many other adjustments.
2) MagiNeXT: i) First and most importantly, we'll put reasonable amount of efforts into the coin itself as done in the past.
ii) There are numerous stuffs we can talk to reach out Magi services, but we'd focus on a few features as the targets which shall be done in the near future. The primary goal is to implement real stuffs to get XMG used in our life; this not only gives XMG a life but also us a life.
# Simplifying using Tor/PoS, something like turning it on and leave it; ideas are developing and being in progress; we'll be able to talk more once almost there.
# Marketplace; this is far more than interesting, but will get community to participate together.
# Payment gateway system; it's pretty easy to be done by getting into service like coinpayments. Addition to that I've been in touch by the 3rd party about developing a payment gateway system; I am lack of idea when I am typing, but thought this might be something we should develop. Surely we need to think about the necessity and some further more before getting going. Any ideas are appreciated.
# I guess a few above points are 'big' plans. Some tech stuffs are covered in the "Timeline". These are never a complete list. We need to sort out our own features while I must agree all coins including bitcoin should head towards the same direction. Please suggest what features XMG should take/focus. If you want discussion, head to this thread:
https://bt.irlbtc.com/view/848731.03) MagiTeam: something community should be aware of:
111magic has been working with me pretty a while (this reminds months back when he was using his laptop to mine coins); I am pretty impressed by his passion on XMG; it appears he will keep doing XMG stuffs, if you have questions but can't find me or get reply from me, shoot him a PM.
SamWalters has many awesome ideas from which I have educated myself. One thing for sure is that you can always get positive energy by reading his posts. SamWalters will be our think tank & marketing expert; if you have an idea, let's get it to him.
ex33s is currently running services including dice game and paper wallet; ex33s will be in support of the coming marketplace site and adviser of many more other services currently in progress. I'm quite impressive by his constant tagging me over IRC, of course, his dice game at the beginning,
but he is very good at stuffs more than that, for example, web apps.
I would like to welcome jawitech as our new team member. jawitech will act as "think-tank" (I've been already benefited a lot from him), replying to your questions and together with others be responsible for the marketing. You may already see jawitech's active posts, feel free to PM him whenever you have questions.
Basically that's all we announce at this moment, but we actually have more people working on XMG; when time comes and they are willing to be public, we will certainly give more information.
I & the team can merely do part of jobs, however, the constant growth of a coin needs efforts from the whole community. We're here open to all of you, for any one of you has ideas/comments or you're experienced on something on which we are lack of attention, do not hesitate to let us know. We do have sizeable funds hanging there for contributors, but we do welcome people to work together as like a team.
