MagnaChain is where “devs come to play” according to their website.
MagnaChain is a “completely new, built from the ground up public blockchain and integration toolset used for distributed application development” according to their technical whitepaper.
MagnaChain is superior to Bitcoin because, as evidenced by a natty little chart in their business whitepaper, Bitcoin has no scaling solution.
Spoiler alert: It’s a fork.
Anyway, that aside, let’s have a look at it. We have certainly reviewed a lot of forks in the past. Isn’t that 90% of this industry?
23 commits, this should be fast;
Initial commit, November 12, 2018 (just bitcoin core), followed by renames, and readme updates.
Decrease halving, increase pow, increase rewards, some infra changes and version bumps.
MagnaChain Code Review Conclusion:
Bitcoin fork, nothing new. I did enjoy the pains they took to avoid mentioning the word ‘fork’ and then it’s a fork. Very entertaining.
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Disclaimer: Crypto Briefing code reviews are performed by auditing what is on display in the master branch of the repo’s made available. This was performed as an educational review and any comments in the article are the opinion of the writer. It is normal for code to change rapidly, hence we timestamp our code reviews so that they present a snapshot at a moment in time. Information contained herein should not be used as any comment or advice on the project as a whole.
MagnaChain Review Timestamp: March 13th, 2019