[ANN] The Forge Network (FRG)

[TrentD_TFN]

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.

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.

[1714121671]

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[1714121671]

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[1714121671]

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[1714121671]

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[TrentD_TFN]

what is the minimum to participate on the first phase, btc eth other coins?

Our minimums will be set to:

1 Litecoin
.178 Ether
.016 Bitcoin
26211 Doge

[ColdEmbrace]

Do you have a Signature Campaign or Social Media bounty campaign? I would like to promote this coin.

[obumneke_TFN]

Do you have a Signature Campaign or Social Media bounty campaign? I would like to promote this coin.

Hi ColdEmbrace,

yes, head on over to https://bitcointalk.org/index.php?topic=2788147.60

[francesyrus]

Hoping for the big success of this project... Good luck guys...

[maydou]

thank you

[brothachen]

What a great launch for this coin! Wallet, mining and pool have all gone super smoothly. Great team!

[arelyh]

i would like translate the whitepaper to indonesian language if you want

[aaatish]

this is for only limited participants , 1000 participants
when will launch it

[Valiantsinen]

I'm impressed after reading WP .
and I love when all that is in my smartphone !

[dataworxx]

wallet does not sync 

[TrentD_TFN]

wallet does not sync 

Hop on into our telegram channel, if you haven't yet, and we'll give you a hand troubleshooting.

[Samkeddy]

I actually like this project but my challenge at the moment is getting the wallet... Any suggestion?

[Oliviatee]

I like the project. I just downloaded the wallet. It looks very attractive

[sleekie]

Very good project, wallet working perfectly, I'm in on this one. More success to the dev team.

[haampharco]

Nice wallet and wish the project succeed with great ideas

[Moleymike]

Like the sound of The Forge Network am joining in please count me in on the air drop and good luck with the 🚀 launch.

[meetdavis1157]

Great job with all the work you put in so far! 

[gigabyted]

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...

[TrentD_TFN]

Hey everyone! Don't forget or pre-sale starts soon!

Thursday, January 25
12:01 PM PST