Magicoin

block_time - 180
source - https://github.com/magi-project/magi
protectionscheme - pos
name - Magicoin
distributionscheme - pow
protocol - bitcoin
expiration - listed
doacc - 5b73f754-8fbc-48e5-8f85-477bee72bbcf
total_coins - 25000000
thread - 735170.0
symbol - XMG
incept - 2014-09
powscheme - m7
date_founded - 2014-09-13
description - Hash: M7M - only minable via CPU, M7M manipulates certain mathematical functions to frustrate GPU mining;, Block time: 3 minutes;, Difficulty dependent block rewards;, 1st phase PoW: primary mining with maximum 500 XMG/block;, 2nd phase PoW: maximum 10 XMG/block, 7% annual reduction., Introduce a new staking mechanism: PoS-II, designed resistant to “rich-getting-richer”;, Minimum stake coin age : 2 hours;, Dynamic coin age: maximum 30 days, subject to change;, Dynamic annual interest: depends on network weight, maximum 5%;, Block time: 1.5 minutes; , Block hash: SHA256, Maturity: 100, PoS-II initiated after two weeks of PoW, (Total coins PoW+PoS: 25 million), Magi is not deigned to be a completely new coin; rather, it is a continue of our prior Magicoin project: https://bitcointalk.org/index.php?topic=548368.0, based on Scrypt PoW. Being seeing the advent of tough time for Scrypt coin as well as lack of innovations at the launch, we started to seek creative features to be merging with this coin. We've been around since April, 2014, and simply don't want to give up any efforts we've tried; among paramount factors are the community we've maintained, for example, several facebook groups are managed by our team and people who liked Magicoin. Since we started from there, we are intent to continue from there, just this simple. Thanks to this, all of services including social network, webpage, faucets and the community will continue which will save a lot of time for us to create from the scratch.
parent_uuid - 69f0628a-c8f3-4583-9bac-fbcbb8db4122
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[a rdfg:Graph;rdflib:storage [a rdflib:Store;rdfs:label 'IOMemory']].

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<http://purl.org/net/bel-epa/doacc#5b73f754-8fbc-48e5-8f85-477bee72bbcf> a doacc:Cryptocurrency ;
    dc:description "Hash: M7M - only minable via CPU, M7M manipulates certain mathematical functions to frustrate GPU mining;, Block time: 3 minutes;, Difficulty dependent block rewards;, 1st phase PoW: primary mining with maximum 500 XMG/block;, 2nd phase PoW: maximum 10 XMG/block, 7% annual reduction., Introduce a new staking mechanism: PoS-II, designed resistant to “rich-getting-richer”;, Minimum stake coin age : 2 hours;, Dynamic coin age: maximum 30 days, subject to change;, Dynamic annual interest: depends on network weight, maximum 5%;, Block time: 1.5 minutes;  , Block hash: SHA256, Maturity: 100, PoS-II initiated after two weeks of PoW, (Total coins PoW+PoS: 25 million), Magi is not deigned to be a completely new coin; rather, it is a continue of our prior Magicoin project: https://bitcointalk.org/index.php?topic=548368.0, based on Scrypt PoW. Being seeing the advent of tough time for Scrypt coin as well as lack of innovations at the launch, we started to seek creative features to be merging with this coin. We've been around since April, 2014, and simply don't want to give up any efforts we've tried; among paramount factors are the community we've maintained, for example, several facebook groups are managed by our team and people who liked Magicoin. Since we started from there, we are intent to continue from there, just this simple. Thanks to this, all of services including social network, webpage, faucets and the community will continue which will save a lot of time for us to create from the scratch."@en ;
    doacc:block-time 180 ;
    doacc:cloneOf doacc:D69f0628a-c8f3-4583-9bac-fbcbb8db4122 ;
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    doacc:date-founded "2014-09-13"^^xsd:date ;
    doacc:distribution-scheme doacc:Dc10c93fb-f7ec-40cd-a06e-7890686f6ef8 ;
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    doacc:incept "2014-09"^^xsd:string ;
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    doacc:protection-scheme doacc:D9758d7c9-6b22-4039-a325-285d680c22fe ;
    doacc:protocol doacc:Db8ade99f-11f1-476b-ae77-03c005c1bb66 ;
    doacc:source <https://github.com/magi-project/magi> ;
    doacc:symbol "XMG"@en ;
    doacc:total-coins "25000000"^^xsd:string ;
    skos:prefLabel "Magicoin"@en .