we got scammed, i got scammed, so save yourself
few info means its garbage
Topic: [ANN] The Forge Network (FRG) (Read 2661 times)
i think this coin dead
Sure thing. Last message on its website dated as 01.04.2018. The day of fool. 
Hello miners! I'm a very new in Forging process, could you pls suggest me something to read about the principles of this process? There are very few information in my local topics so I'm looking for help))
i think this coin dead
Sure thing. Last message on its website dated as 01.04.2018. The day of fool.
i think this coin dead
PoS is good technique to save miner fees and electricity fees issue . According to me the only thing that will stop bitcoin reaching high values is the miner fees on heavy volumes . It gets kind of centralisation . I would love to have a PoS coin . It is good to see you work hard on Github .
Interesting idea
Hope you reach your goal
Hope you reach your goal
interesting concept. i already bookmarked it for further review and might someday add it to my portfolio of crypto assets.good luck dev.
set up a block explorer for FRG at https://forge.minerpond.com will see this guys,what it brings in this project,ill look forward to see everything happens?
It was a great experience translating your whitepaper . The most appealing feature of your coin is that the wallet can be staked delivering good commission without the need of mining . I hope you will bring some important changes on mobile wallet too !
can someone enlighten me what this coin is? thank you
I can't tell you what the coin is, but here's some info about a co-founder of "the forge network" issuing the ICO. Chuck Courtney is a common liar. He claims on the forge network's site that he "Managed a fortune 500 for 6 years, and looking to create a truly accessibly and anonymous blockchain" (mind you, he can't even get the grammar correctly). In fact for the last six years he has been employed by Best Buy in Seattle area, where he manages a so called "geek squad", basically a bunch of uneducated bozos (like himself) that are good-for-nothing mock-ups of technology consultants in Best Buy's customer support. He didn't manage any "fortune 500" at all as he claims. As for the wallet application, they are using a very old version of bitcoin wallet source code. And get that -- Chuck went on Fiverr to find someone to build the wallet application for MacOS for him. His developers are unable to build the wallet application in-house, so that he goes to Fiverr to find someone to do it for him for $20. The wallet for MacOS is still unavailable on theforgenet.com because Chuck is so dumb that he cannot explain on Fiverr that he needs an executable application built.
The code for the wallet is here https://github.com/BeardFlux/wallet (at least until Chuck sees this post and removes the repository). You can judge by yourself whether they will be able to fulfill everything they promise on the roadmap, but the start is "awesome" already. I wouldn't bet a quarter on this ICO.
What happened to the airdrop of this coin? Is it cancelled?
No, we just have to wait a little longer.
What happened to the airdrop of this coin? Is it cancelled?
WTS a few thousands FRG, pm me for it.
Selling part of what i have, dont ask for it all, you wont have it, specialy if this is going with masternodes like stated in the roadmap...
Selling part of what i have, dont ask for it all, you wont have it, specialy if this is going with masternodes like stated in the roadmap...
At first I was kinda skeptical about this alt coin, I mean... when I downloaded the wallet, my antivirus suddenly notice a trojan virus! turns out it's only a false alarm. Thanks God.
Anyways, I really hope that the masternodes feature will be really happening as stated in the roadmap. How much FRG do I need by the way? is it decided yet? Because the more I read this the more I love it.
Anyways, I really hope that the masternodes feature will be really happening as stated in the roadmap. How much FRG do I need by the way? is it decided yet? Because the more I read this the more I love it.
Hello The Forge Network:
I've read through your material on your web site.
Interesting concepts discussed there, but I have some questions:
1) I was not clear about your decentralized exchange DEX. Would you be able to point me to some document as to how that will function and/or be implemented?
2) When PoS is paying 5% interest, how will you be obtaining this fund?
3) After the initial 10k blocks are mined, how will the blocks be computed?
4) How will the low transaction fee work? Who receives the transaction fee? How decides the transaction fee?
Eager to hear your clarifications.
I've read through your material on your web site.
Interesting concepts discussed there, but I have some questions:
1) I was not clear about your decentralized exchange DEX. Would you be able to point me to some document as to how that will function and/or be implemented?
2) When PoS is paying 5% interest, how will you be obtaining this fund?
3) After the initial 10k blocks are mined, how will the blocks be computed?
4) How will the low transaction fee work? Who receives the transaction fee? How decides the transaction fee?
Eager to hear your clarifications.
1) Once we have gone further into development, prior to the DEX implementation, we will come out with detailed documentation on how and what exactly it is that we are planning on doing. So that our community can give us feedback on what they would like for us to implement (feature-wise) along with the standard layout of our DEX.
2) There will be no minimum amount for staking. Just a minimum of 4 hours before coins have matured enough to stake then from those coins that are staked 5% will be awarded once you are picked to process a transaction.
3) After PoW has completed then it will be up to the stakers to process transactions. So in order to receive the hashing power needed to process transactions there will need to be stakers and for those who are staking to receive 5% accrual there need to be transactions. It's a much more energy efficient way to process transactions.
4) The more that are involved the lower the fees will be. The network itself receives the fees and then they are kicked back into overall circulation. The fees are at the protocol level to defend against block bloating attacks.
Thanks for your clarifications.
I have additional questions if you don't mind explaining.
1. DEX, I have not seen any DEX Q&A on this thread. Puzzled though. The DEX is what you claim, so I think you would be the best qualified person to explain what the feature is and how it would work. After the explanation, people would be better informed to ask for further clarification or ask for different features.
2. PoS. I think 2-4 seem to be tied to PoS.
So if I could write down my understanding of your plan:
Assumption: PoW phase has completed.
a. Acquire some FRG coins.
b. let some time elapse (4 hours minimum)
c. stakers can now start processing the transactions. (If this involves processing blocks, isn't this the same as mining?)
d. stakers can earn (accrue) 5%. (of the holding coin? of the transactions processed? From your description, it maybe that miners (or stakers processing the transactions) are supposed to get the fee, but the network itself is getting the fee?
This is why asked how the 5% accrual is funded. Are the stakers earning some kind of interest? or are they earning processing fee? (i.e. miners fee).
Eitherway, how can you guarantee the 5%?
e. the more stakers there are, the lower the transaction fee.
If there are more stakers, the 5% accrual fee decreases? Will that 5% accrual remain constant? Will the network be able to survive with consistently lowering fee?
can someone enlighten me what this coin is? thank you
Good luck dev's! Add your bounty campaign on portal http://bounty.cool and our Telegram https://t.me/bountyCool. Check please information and PM me if it need to correct.
First ICO investment! Super excited about the smart home voice assistant stuff you guys were talking about in your room and I love that you are actually engaged with and making changes based on your community and investors. Goodluck!
Congratulations, you have 10,000 blocks! This is the first step in the success of your project.
Your supply: 100.000.000 FRG
Token Sale: 10.000.000 = 10%
Others: 10%
What will you do with 80%? For only mining in future?
Your supply: 100.000.000 FRG
Token Sale: 10.000.000 = 10%
Others: 10%
What will you do with 80%? For only mining in future?
Total supply is 100M
Current supply is about 21M
18.5M of that Current Supply is for preSale and ICO.
The rest will be released at 5% per year thru ProofOfStake. (So it will take at least 50 years to reach that 100M)
Congratulations, you have 10,000 blocks! This is the first step in the success of your project.
Your supply: 100.000.000 FRG
Token Sale: 10.000.000 = 10%
Others: 10%
What will you do with 80%? For only mining in future?
Your supply: 100.000.000 FRG
Token Sale: 10.000.000 = 10%
Others: 10%
What will you do with 80%? For only mining in future?
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