Post
Topic
Board Tokens (Altcoins)
Re: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0 - $1,500 & 100mln FLDC BOUNTY!
by
ikonic1
on 22/07/2016, 11:13:29 UTC
Quote
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

I found the video most helpful.

The Counterparty wallet provides a Bitcoin address. You enter username_FLDC_1BitcoinAddress into the f@h client. The text file of all folders is downloaded by the FoldingCoin team and parsed to find FLDC or ALL or SCOT plus the Bitcoin address.

I still don't understand how folders are paid in FLDC as they provide a Bitcoin address not a FLDC address.

In my case, I created a wallet with https://counterwallet.coindaddy.io/#, which gave me a Bitcoin address. Was I supposed to do something else?