XMG COIN MAGI POW/POS

XMG is in my opinion a fairly interesting and somewhat groundbreaking coin. Its around 2 years old and as far as I know is the only coin with a POW network dependent reward system. To describe the network dependent reward system in very simple terms, when the network hash rate is higher the rewards are lower and vice versa. You might ask why this is a good thing? Well for starters being a CPU only coin it helps to discourage bot nets by limiting the amount a person/persons can earn if they drive up the difficulty. Its also helpful in regard to fair distribution. The difficulty never gets so high that you need access to 10000 CPU'S worth of computing power to make half a coin so everyone can mine it from a P4 to an I7. XMG is also a PoS coin more specifically PoS II v2 so if you're not interested in pointing your CPU at it you can still buy some and generate new coins that way. XMG has a standalone payment gateway for merchants as well though I'm not entirely sure of its current status.

Well that's all have for you on XMG but here are some links if you want to learn more.
official website
bitcointalk thread
official forum
poloniex


I am in no way affiliated with the developers of XMG.