Has anyone here forged any coins yet (besides the developers)?
do you, or anyone else, have the address to where forged coins are going?
I'm assuming they're going to the block generator but are not included in the transaction details of the block as they're not
really a transaction.. If you open the client (web or desktop) you can see recent blocks, you can see who generated them, and you can see the fee. You CANNOT presently see anyone else's balance so far as I am aware, but I'll venture a guess and say that an account's balance = transactions + fees from blocks generated. If you want to see what addresses are generating blocks, just open the web client with a random password and click 'Blocks'... You have looked at the client, right?
Also worth noting - there are a number of accounts generating blocks, far more than there are devs on this project. That seems to imply that the present client is capable of generating blocks (or that a subset of users have access to a pilot client). Guessing that by having the your account open on the client, you're able to generate blocks based on some yet-to-be-released algo.
Why can't you give a simple explanation? Why is it such a big secret?
Please provide basic information on how forging works with Node. Is it based on account balance? Coin age? Node up-time?
Forging This feature is a core element of Node, it makes the difference, as we will implement the Proof of Activity (PoA) mechanism which differs from Proof os Stake (PoS - Implemented in Nxt and Nxt-a-like projects) & Proof of Work (PoW - In Bitcoin and Bitcoin-a-like projects).
This is interesting (and in case you're wondering, it was pulled from
http://blog.nodecoin.com/) - I know they changed the forging algo in v0.4 so I'm guessing they're still refining it, which may be why you're not getting concise answers. It's probably something of a moving target within the framework of PoA (and possibly other factors).. I wouldn't be surprised at all if this was somewhat subject to change. That said, the initial post on this thread indicates that it's PoS, so perhaps it's a hybrid, and if so, I'd say that's liable to be a sweetspot: activity + stake drives one's chance of block generation. Again, I point to the bright idea of NOT generating blocks when there's nothing to encode. The premise of a blockchain is to provide a sort of public ledger.. Why keep empty blocks in a ledger? I'm personally giving these guys the benefit of the doubt on forging given their clean implementation of the blockchain.
