Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [NFDv2] - NXT fork - Launched at 2014/06/15
by
ma72835
on 17/06/2014, 17:29:17 UTC
Forged Balance: 3!!!!

Great!  Grin

You can start forging after 1440 confirmations of your first outbound transaction. If you didn't make any transactions yet and are just viewing the balance of your account, you must first send a small amount of coins to yourself to enhance the security of your account to sort of 'confirm opening the account'. After 1440 confirmations of that first transaction, your account is freely accessible and you are allowed to forge, as well as get an automatic security upgrade for your account.


Think of it sort of like getting your new ATM/credit card in the mail and activating it with your first swipe. In the case of NFD, you need your *first incoming transaction and first outgoing transaction* to be confirmed 1440 times, each, then your account will be fully authenticated and active.

Why should we all forge right now? Besides collecting transaction fees (similar to mining for other cryptos without all the hardware costs), running our clients and forging is helping to strengthen our growing network by providing nodes and access points all over the world. Going to bed? Leave your client open! The strength of a new crypto lies completely in the power of its community, so let's strengthen the network and finish up this amazingly successful launch period!