Post
Topic
Board Tokens (Altcoins)
Re: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0 - $1,500 & 100mln FLDC BOUNTY!
by
Jonesd
on 21/07/2016, 20:08:57 UTC
I have recently started folding but there's two things I don't understand.

First, how does the FoldingCoin team know who has signed up with Username_FLDC_1BitcoinAddress? Is this information public? If so, where?

Second, if the folder provides a Bitcoin address (the one from their Counterparty wallet), how are they paid in FLDC since the folder provides a BTC address not a FLDC address? I can see that they could be paid in BTC but not in FLDC. How is FLDC assigned to the folder?

Thanks!

Welcome!

To answer your questions:
1. Stanford shares the amount of credits people earn publicly, so we can use that as a basis to look for people with usernames that indicate they're folding.
2. COunterparty is built on top of bitcoin, so you can actually store many different counterparty assets on a single address. I recommend watching this movie: https://www.youtube.com/watch?v=adROavBst7E&list=PLzAjhhTQ6zqe_vGecdh5kKE3JCqdhDQPY