Re: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::

Can anyone please share the steps to start forging? The freaking tutorial (and interface) is mind-numbing.

i need something like that too.
Infact i don't even know what forgin is...can someone explain or link me something?

Forging is nothing more than verifying Blocks for their validity also know as POS (Proof of Stake). In the process you get rewarded with transaction fees on your validated Block.
You need to have minimum 1000XEL on your balance to Forge, you can start Forging after your balance is confirmed for 1440+ blocks. To start Forging you need to have local node running 24/7 and activate it with click of the button.

thank for you answer man.

Just a few more question:
1)what happen if my pc reboot or it just turn off for few hours?
2)how many xel i gain in e week if i have 3k xel in my wallet?

Thanks in advance!

ad 1 - you will not be forging, and won't receive fees from forged blocks for that period
ad 2 - there's no block reward in XEL, so your income depends on the fees included in the blocks that you forge - since there're not too many transactions in the network (at the moment) the fees are not impressive. With 3k xel you won't earn too much - depending on the number of forgers you'll probably get a block once per several hours, or even once per few days.

thank you for the answer.

Nevermind if the income are not so much. I didn't choose xel for the forgin (i didn't even knew it), but because i think it's a really great idea!