@everyone Snapshot has been completed. Note that this is only being used to create a list of masternode holders for the purpose of assisting in verifying and rewarding masternode holders during the swap. The snapshot does not affect anyone else. Masternode holders should also screenshot their list of masternodes in the 'my masternodes' tab of their wallet.
Additional updates to come soon.
MIRAI Coin is now on https://ihostmn.com
To make it clear, everyone will need to swap. (if you don't swap, then your coins will be useless once exchanges have updated)
Swap starts on the 4th of March and can't be swapped sooner.
You have 3 months after the 4th of March to perform the swap. It is likely we will allow late swaps, but we won't swap any masternode rewards/ staking rewards received after the 4th of March.
All rewards, both proof of stake and masternode are expected to remain the same. ( we will have a community vote on this)
To make the process completely fair, we will have all swap funds sent to the burn address where no one can access them.
Up until the swap date, the chain will continue to function as normal.
After the swap date, the team will support the chain for a minimum of 3 months to allow for swaps.
The swap process will be as simple and hassle free as we can manage.
We are expecting to have masternode functionality complete by the swap date.
We also understand that setting up masternodes is time consuming, especially for multiple masternode holders.
Because we can't be 100% sure of masternode functionality being completed in time for the swap, we are offering the additional assurance of a swap bonus for all masternode holders.
A snapshot of the Mirai blockchain will take place on the 25th of February to record a list of all masternode holders.
During the swap, all masternode holders will receive a 25% bonus on all coins that were locked into masternodes during the snapshot.
Furthermore, if masternode functionality has not been enabled within 2 months of the swap completion, a second 25% bonus will be paid to those original masternode holders. This is conditional on the masternode owner still possessing all of their swapped (masternode) coins.
eg. Tom has 3 masternodes during the snapshot. He swaps 3800 MRI. He receives 3800 new chain MRI plus 750 MRI bonus ((25% of 1000) 3). Tom sells off 1600 new chain MRI, leaving him with 2950 new chain MRI. For the second bonus, he receives 500 MRI ((25% of 1000) 2)
Staking rewards will continue on the new chain.
Chain snapshot for masternode holder bonuses: 25th of February 2019.
Swap date: 4th March 2019.
You will have 3 months to complete your swap, but rewards generated after the 4th March will not be included in swap calculations.
The swap date is not set in stone. It is dependent on coordinating the exchanges we are listed on.
We hope you are all as excited about this news as we are.
Feel free to ask questions in the discord.
We will release more details as the swap progresses.
Happy New Year@everyone
To kick off the new year we have an exciting announcement.
Those that have been following the project know that since i took over as developer we have been auditing the code in the Mirai blockchain as part of the preparation for the Mirai Augmented Reality app and for additional payment features for Mirai Payments.
The bad news is that the current chain is just not suitable for our plans. With the amount of work required to upgrade the current chain it would take 12 months to get to a stage where Mirai AR could be integrated.
The good news is that we are swapping to a new chain.
The new chain offers massive benefits over the current chain and while it does mean a delay on the release of the Mirai AR beta, it will mean that we can code faster and release a cutting edge final product within the roadmap timeline.
First we need to make it clear that the features listed are existing and tested features on the new chain, ready to go. Not future features.
Second, this is an independent blockchain, not a token with extra gas fees.
Here is what you can look forward to with the new chain:
Smart contracts (turing complete).
Zero knowledge privacy.
30000 transactions per second and scalable.
Multiple asset chains (example: asset tokens issued for AR content creations, AR assets).
Cross chain burn - Tokens can be issued for content rewards in the AR app. If tokens are sent to Mirai wallet, MRI is created while the tokens sent are destroyed at a 1:1 ratio. This maintains the correct coin ratio and is handled by smart contract.
Low transaction fees.
Secure against 51% attacks.
Masternodes (tiered masternodes - not complete)
@everyone We are excited to join Blockfolio Signal to keep you updated on our latest project updates.
Blockfolio Signal is a first-of-its-kind communications platform built directly into the Blockfolio Portfolio Management App.
If you are not already using it, visit the website for more information: https://blockfolio.com/
You can view Mirai updates through the @blockfolio app or via this link https://blockfolio.com/coin/MRI
We would like to thank #Blockfolio and #BlockfolioSignal for giving us a voice on their platform.
@everyone If you are looking for a service to host your masternodes, while maintaining complete control of your coins, take a look at our partner: https://www.mymasternodes.host (MMH)
Setup is very simple.
Just send yourself 1000 coins to a newly created wallet address and add the transaction ID in your MMH account.
MMH will automatically create the masternode and provide you with the masternode details (and clear instructions) to add to your config file.
Then you just restart/start the masternode and you are done.
Even better, the cost is only 0.10usd per day. Cheaper than getting a VPS. Plus you can pay the hosting fees in MRI
@everyone First clue for solving the puzzle at http://www.mirai-ar.rocks/the-wall.html#puzzle
@everyone There are a few people getting close to solving the puzzle at http://www.mirai-ar.rocks/the-wall.html#puzzle
Get in quick if you want a chance to solve it!
If you do solve it, you should move the funds to another address. This lets us know that it is solved and prevents anyone else who solves it from transferring the funds instead.
If it remains unsolved tomorrow, we will give out our first clue
You can also participate in voting activities.
@everyone Cryptoshib has written up a fantastic and highly detailed review of Mirai on their website. It’s definitely worth taking the time to read it. https://cryptoshib.com/mirai-coin-a-utility-platform/
@everyone it looks like the mirai-ar .rocks website might not launch on time. As part of the planned launch we extended the domain registration/hosting to the maximum possible of ten years, but there was an unexpected side effect of the dns servers resetting to default. DNS changes can take up anywhere from 3-48 hours to propagate ,so there is the possibility of the site taking as long as 36 hours to appear.