Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io
by
THELOSTONE
on 24/01/2018, 15:30:54 UTC
BUYER BEWARE

As most any that has a Magnet Masternode has noticed, there has been a giant decrease in the amount of MN rewards being received.
Well I solved the mystery and Dev has yet to fix the issue.

In this POW/MN system, the block reward should be split 50/50, but Malicious miners with modified code have been able to steal all 100% of block rewards using a modified client. Most anyone with a Magnet MN will tell you that around the 17th of Jan rewards stopped flowing in. well here are some address that would explain such a event.

http://35.202.4.153:3001/address/MqKNXBYjeFXiGUXG1FWrhXnhvc6rpTMmTH
http://35.202.4.153:3001/address/McLNfUNcDcHgSL1JNzjgTivXcL4RnmsWxw

I won't go into detail as to how the code was modified but know that I may have found 3 more address doing the same.

Proceed with Caution.

Straight FUD man. Newbie account really leaves me with doubt, and this dump in price seems all too fishy. No disrespect, but can we get more details and someone to double check the findings.
I'm no core dev, but all the links you provided are dead according to the internet.

https://imgur.com/a/bykWX

Thanks for helping us understand what you believe you found, no disrespect, but please back the claim.

So the links to the Magne coins block explorer goes dead and you immediate lable me as a fudder because I have new ish account?

If you had taken the time to even look into what i posted you would have seen that no this is not fud but a serious issue that was swept under the rug.

When i originally brought it to the Devs attention he stated, " oh we have a random reward system so 6 days is normal" even though they already knew the issue existed.

as for your proof: https://imgur.com/a/O9Ms1