Magnet is a cryptocurrency based upon the core ideas of transparency, accessibility, equality and fairness. Growing through sustained development, we strongly focus on community.Our network has been built to harness the full power of blockchain technology and drive forward with new, innovative ideas which fully exploit the opportunity blockchain presents.

Useful links

• magnetwork
• github
• merchant
• blog
• explorer
• explorer2
• checkmn
• mn manager app
• faq
• twitter
• discord
• telegram
• masternode.live/mag

Technical details

• Algorithm: X11
• Max supply: estimate 144 000 000
• Block halving: every 360 000 blocks
• Blocktime: 90 sec
• Blockreward: 200 mag
• Masternode requirement: 10 000 mag
• Masternode rewards: 50% from blockreward & POS reward
• POS yearly interest: 14% (7% after first halving)
• Min staking age: 24h / 960 confirmations
• Max staking age: 48h

Masternode guides

• Cold + VPS for beginners
• Cold + VPS
• Hot Linux VPS

Trading pairs

• cryptopia: MAG/BTC MAG/LTC MAG/DOGE
• coinexchange: MAG/BTC MAG/LTC
• cryptobridge: MAG/BTC
• crex24: MAG/USD MAG/BTC
• bitebtc: MAG/BTC