Coin Magi is a digital payment solution. Magi operates decentralizedly, does not stop, and is not disturbed by intermediaries and review agencies. People can use Magi to pay for free to anyone in the world. Meanwhile, anyone can issue Magi coins through their personal computers and software-based coin minting technology.

Project Features

MAGI, first as a cryptocurrency, emphasizes the decentralized nature, is partially manifested as a revision of its proof of work and a proof of interest agreement. MAGI is an open source software that does not reserve mining rewards for any party, including the team. Decentralization requires the rejection of the enormous computing power of mining, which is immediately beneficial to energy conservation. Decentralization also requires mining availability for general users.

1. Energy efficiency
MAGI focuses on global energy conservation when maintaining blockchain systems. MAGI's goal is to be based on global mining such as mobile devices. MAGI's PoW has difficulty relying on mining rewards to impose restrictions on the total network hash value, where a large amount of mining computing power is no longer required.

2. MAGI's work certificate
MAGI's Proof of Work (mPoW) protocol partially advocates network-dependent reward systems, configured using an attractive-exclusion model. mPoW effectively manages MAGI's network and limits it to a certain range. MAGI looks forward to further optimized protocols to fully achieve the target tasks.

3. MAGI's proof of equity
MAGI's Proof-of-Stake (mPoS) protocol has made new revisions to general POS by formulating conditional mining forces (i.e. coin age). Important mining power by accumulating large amounts of coins or offline lofting time is no longer applicable to MAGI, enhancing safety, health and equity.

4. Developability
MAGI is an open source project. Anyone can use the source code of MAGI. Currently, the MAGI team follows the roadmap and ongoing project development. The main focus is on achieving goals, mining experience, wallet development, anonymous options and overall improvements to blockchain applications. One of the ongoing projects is that MAGI's MagiPay (m-pays) can be easily integrated with the business.

Related links:
http://www.120btc.com/baike/coin/5632.html