MagnaChain is a completely new, built from scratch, public Blockchain and related integration toolset used for distributed application (dApp) development.

Game Engine Partners

Game Engine Partners

Other Partners

* target TPS by December 2018

Powered by a truly decentralized consensus protocol and theoretically limitless network scaling potential.

13,313 tx/s

Latest Testnet Results

* target TPS by December 2018

Powered by a truly decentralized consensus protocol and theoretically limitless network scaling potential.

13,313 tx/s

Latest Testnet Results

Infrastructure Summary

VH-PoS Consensus Protocol

A new and innovative hybrid PoW-PoS consensus protocol that combines the best of both protocols while preventing DDoS and 51% attack vectors; we call it VirtualHash-PoS.

Lua Virtual Machine and Smart Contracts

Allows developers to program smart contracts in Lua, a popular and battle-tested language that has seen over 25 years of development, documentation, and enterprise support in the gaming industry.

Market-friendly mining incentives

A fair, transparent, and deterministic mining algorithm design that discourages miners from exerting constant economic selling pressure while still providing viable incentives; it’s a win-win that balances decentralization and liquidity.

Elastic side-chaining with root-chain protection

Side-chaining architecture that increases network throughput linearly with the number of side-chains; the MagnaChain network speed is limited only by data transmission speed and all elastic chains are protected by root-chain consensus.

Read in-depth details in our technical whitepaper.

Our Philosophy: Ecosystems will Rule!

To build and sustain a truly scalable, new Blockchain protocol, a vibrant and diverse ecosystem must be planned out at the onset and executed on a continuous basis– this is what we’ve tried to achieve first and foremost at Magnachain. We plan on MagnaChain changing the face of a host of industries and business sectors.

The video game industry is the first application of MagnaChain, as much of our team has uniquely global experience in the business in development, publishing, operations and other areas in the +USD100b gaming industry. We believe the gaming sector can be one of the few industries to bring Blockchain technology to the masses. Developers will find an easy-to-use programming interface, SDKs, and other tools for streamlined and rapid integration into their own dApps including game engines, marketplaces and more. Pre-built unit testing modules and a variety of other unique assistance mechanisms maximize speed and time-to-live from day one. As our Blockchain grows, so will the resulting ecosystem and this is at the very heart of MagnaChain.

 

Business Whitepaper

Whitepaper

Technical Whitepaper

Techpaper

1-Page "Litepaper"

Litepaper

Business Whitepaper

Whitepaper

Technical Whitepaper

Tech Whitepaper

1-Page Litepaper

Litepaper

Magna: fuel for our network

What does it do?

Magna (MGC) will function on our platform similar to the way “gas” functions on Ethereum. With every transaction on a dApp, the developers will need to have Magna available to fund that transaction, which will be paid to miners to validate it. Additionally, dApp developers will be able to create their own tokenized ecosystems on Magna – for example, game developers may wish to have Magna facilitate in-game transactions between users and utilize Magna as in-game currency.

We envisage developers of all type of dApps, devising an endless stream of innovative use cases for Magna, along with our own initiatives. For mass market sectors such as gaming, developers could even choose to run their token sales in Magna, as the gaming sector could be one of the key sectors to bring Blockchain to the masses.

Magna: fuel for our network

What does it do?

Magna (MGC) will function on our platform similar to the way “gas” functions on Ethereum. With every transaction on a dApp, the developers will need to have Magna available to fund that transaction, which will be paid to miners to validate it. Additionally, dApp developers will be able to create their own tokenized ecosystems on Magna – for example, game developers may wish to have Magna facilitate in-game transactions between users and utilize Magna as in-game currency.

We envisage developers of all type of dApps, devising an endless stream of innovative use cases for Magna, along with our own initiatives. For mass market sectors such as gaming, developers could even choose to run their token sales in Magna, as the gaming sector could be one of the key sectors to bring Blockchain to the masses.

Token Sale

Token Allocation

Token Allocation

(Tap to Enlarge)

Use of Funds

Use of Funds

(Tap to Enlarge)

Road Map

Team

Our team and advisors have extensive experience in a a variety of sectors, including blockchain development and engineering, R&D, project management, game development, finance, on-line publishing, distribution, licensing and a host of others. We bring executive-level and senior engineering experience from some of the world’s leading companies and our goal is applying this vast talent and experience to create of one of the world’s most scalable, easy-to-use, secure and fastest public blockchains.

Hal Bame

Hal Bame

CEO

Ex Senior Management @ Sony Playstation, Codemasters

Jinsong Zhang

Jinsong Zhang

CTO

Ex Technical Lead @ Shanghai Softstar, The9, and 4399.com

Peiji Guo

Peiji Guo

CMO

Ex Senior Management @ Blizzard, Take Two, 2K Games

Nizam Ismail

Nizam Ismail

Legal

Ex Deputy Director @ Monetary Authority of Singapore, Lehman Brothers, et al.

Sheng Guo

Sheng Guo

VP Business Development

Ex Senior Management @ Ubisoft, The9; Co-Founder @ BundBoard

Kejun Zheng

Kejun Zheng

Senior Software Architect

Ex Lead Software Engineer @ 4399.com, The9, Accenture, Amdocs

Zhaohua Chen

Zhaohua Chen

Senior Software Architect

Ex Software Architect @ Snail Game, The9, 4399.com

Advisors

We’re advised by top leaders in gaming, law, technology, and marketing; with talent hailing from Asia, America, and Europe, our advisors universally believe in the powerful technology we’ve built and will help us to revolutionize the blockchain world.

Brian D. Evans

FounderInfluencive

EtiënnevantKruys

AdvisorTRG / Wanchain

Alex Nagayama

Former Country Manager, Activision Japan / CEO Capita

Marianne Dansker

BlockchainConsultant

Brian D. Evans

Brian D. Evans

FounderInfluencive

EtiënnevantKruys

Etiënne vantKruys

AdvisorTRG / Wanchain

Alex Nagayama

Alex Nagayama

Former Country Manager, Activision Japan / CEO Capita

Marianne Dansker

Marianne Dansker

BlockchainConsultant

Gabby Dizon

Co-FounderAlto.io

Nicolas Cole

FounderDigital Press

Alex Riggs-Miller

Alex Riggs-Miller

CEOSmartChain Media

Gabby Dizon

Gabby Dizon

Co-FounderAlto.io

Nicolas Cole

Nicolas Cole

FounderDigital Press

Alex Riggs-Miller

Alex Riggs-Miller

CEOSmartChain Media

Frequently Asked Questions

MagnaChain is a completely new, built from scratch, public Blockchain and related integration toolset used for distributed application (dApp) development.

Our developers, engineers, and executives have worked on some of the largest games to ever hit the shelves. Our technical team has built infrastructure that manages latency, bottlenecks, multi-threading, and millions of concurrent transactions per second in one of the most technically challenging places on the planet: China. Our relationships in the gaming industry span the entire globe and amount to nearly a century of combined experience.

The core is built on highly optimized C++. The initial smart contract virtual machine and scripting language is built in Lua– a robust, popular, and Turing-complete scripting language. We’re currently working to add support for other VMs and languages.

Our team consists of 17 full time engineers, with an additional ~8 executive, marketing, business development personnel. We’re adding more each month.

More token sale information will be released soon. Until then, please reach out directly to our team via the contact form at the bottom of this page or info@magnachain.co for questions and comments.

This information will be released with our upcoming token sale information. Interested in getting involved? Get in touch via the contact form at the bottom of the page.

We’re glad you asked! Join a growing list of blockchain devs that are registered for more information on our new infrastructure and developer contests: submit your email into the form below or drop us a line at info@magnachain.co.