Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
by
blakeaholics
on 10/08/2015, 23:27:07 UTC
Why there is no Mangocoinz algo? [ b][ color=navy][ size=12pt] If not, then Mangocoinz still has "algos."[/size][/color] [/b]  Cheesy

Quote
[ color=brown][ size=12pt][ b]an algorithm usually means a small procedure that solves a recurrent problem[/b][/size][/color].   http://whatis.techtarget.com/definition/algorithm

The MCZ programs try to solve the problems of detecting certain (major or representative) characteristics of human physical activities (predominantly in the sport activities) and only try to recognize certain magnitudes of acceleration or deceleration (or any other possible detections/measures) as significant physical activity. It does not (or not much) assign the distance you travel or the speed (how fast you get there) as representative due to being likely due to non-physical /sport activities, such as driving a car or traveling in an airplaine, etc.)

Therefore, you create certain physical activities to be registered as significant physical activity by MCZ "algo" and you are awarded a small amount of Mangocoinz such as 0.02 MCZ for certain time range of total physical activities.

If I am not wrong, the MCZs created were cryptographically documented.  https://mangocoinz.com/blockchain
for example:
The number below probably is a cryptograhically generated address.
Quote
Sync: 688608813B0A7BE18C7995DA161A7638169556E29A4A1953D936B579C6371120 amount 0.022762 MCZ on 2015-08-10 19:55:02

Therefore, if the above is true then Mangocoinz is still considered a [ color=brown][ size=12pt][ b]crypto[/b][/size][/color], but unlike other crypto.

The MCZ coin amount you generated is not based on competition to "solve a block" like during the POW stage of other cryptos but it is close to the power of stake (POS). The Mangocoinz is different but it still has to implement certain "algos" to award MCZ. Being in competition mode is not an essential part of (the definition of)[ size=12pt][ color=brown][ b] Algo[/b][/color][/size].  Cheesy

God damn your posts are annoying to read.  Cheesy

I am talking about any sort of cryptography/hashing/encryption, not the method in which they choose to reward physical activity.
I'd decompiled the old app before they obfuscated the code and there was nothing of the sort in it. Sending and receiving to their servers was in plain-text.

I'm asking a fair question and just looking for an honest answer, not whatever

The MCZ coin amount you generated is not based on competition to "solve a block" like during the POW stage of other cryptos but it is close to the power of stake (POS). The Mangocoinz is different but it still has to implement certain "algos" to award MCZ. Being in competition mode is not an essential part of (the definition of)[ size=12pt][ color=brown][ b] Algo[/b][/color][/size].  Cheesy
It literally is not like POS. Also it's Proof of Stake unless you just meant staking is powerful?

As to to me not receiving coins while exercising, I'm not turning it on and taking the bus or going for a drive. I'm running, mountain biking, skateboarding and neither seem more effective than the others.
I'm active for a minimum of 3 hours a day, with at least 1 hour of hard activity and yet I get something like 0.6 at best.