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Showing 20 of 81 results by TrentD_TFN
would be good if you put a counter on website showing how many coins are sold on ico live
shop.theforgenetwork.com
The counter here will update as time goes on, albeit not live but in rather frequent intervals.
completed my purchase but when do you send the coins to my wallet
That's great! All pre-sale purchases will be distributed at the conclusion of the pre-sale. Thanks for your support!
The coin will be issued only 100 million? Bounty will be up to what date?
Only a 100 million total supply.
Bounty will be running until the end of ICO. So all the way through the majority of March
Correct me if im wrong but right now theres about 21M coins out (premine for ICO being a large chunk of it) and PoW is almost over, so the only coins that will be issued after this is the 5% annual stakes. so about 1M per year. So it will takes a VERY LONG time to get to 100M.
So supply after 1 year could be around 22M-23M right? And adding about 1M - 1.1M every year or so.
You have pretty much hit the nail perfectly on the head. We wanted to ensure the longevity of staking for the community.
The coin will be issued only 100 million? Bounty will be up to what date?
Only a 100 million total supply.
Bounty will be running until the end of ICO. So all the way through the majority of March
wallet does not sync 
Hop on into our telegram channel, if you haven't yet, and we'll give you a hand troubleshooting.
what is the minimum to participate on the first phase, btc eth other coins?
Our minimums will be set to:
1 Litecoin
.178 Ether
.016 Bitcoin
26211 Doge
Hello The Forge Network:
I've read through your material on your web site.
Interesting concepts discussed there, but I have some questions:
1) I was not clear about your decentralized exchange DEX. Would you be able to point me to some document as to how that will function and/or be implemented?
2) When PoS is paying 5% interest, how will you be obtaining this fund?
3) After the initial 10k blocks are mined, how will the blocks be computed?
4) How will the low transaction fee work? Who receives the transaction fee? How decides the transaction fee?
Eager to hear your clarifications.
I've read through your material on your web site.
Interesting concepts discussed there, but I have some questions:
1) I was not clear about your decentralized exchange DEX. Would you be able to point me to some document as to how that will function and/or be implemented?
2) When PoS is paying 5% interest, how will you be obtaining this fund?
3) After the initial 10k blocks are mined, how will the blocks be computed?
4) How will the low transaction fee work? Who receives the transaction fee? How decides the transaction fee?
Eager to hear your clarifications.
1) Once we have gone further into development, prior to the DEX implementation, we will come out with detailed documentation on how and what exactly it is that we are planning on doing. So that our community can give us feedback on what they would like for us to implement (feature-wise) along with the standard layout of our DEX.
2) There will be no minimum amount for staking. Just a minimum of 4 hours before coins have matured enough to stake then from those coins that are staked 5% will be awarded once you are picked to process a transaction.
3) After PoW has completed then it will be up to the stakers to process transactions. So in order to receive the hashing power needed to process transactions there will need to be stakers and for those who are staking to receive 5% accrual there need to be transactions. It's a much more energy efficient way to process transactions.
4) The more that are involved the lower the fees will be. The network itself receives the fees and then they are kicked back into overall circulation. The fees are at the protocol level to defend against block bloating attacks.
I read about this project yesterday and felt to invest immediately because of its strong team and achievable concept and even the hype!! For sure it will reach to Moon in coming days!! It may be listed in big exchanges too soon.
Hi there
I am in. Been looking for a project to be excited about at the ground level.
I am in. Been looking for a project to be excited about at the ground level.
Glad to have you both aboard!
There is steep valuation of 100M $ implied.
I can buy right now on the market established anon coins with far progressed development with de-facto proven market valuation at a fraction.
nothing in your whitepaper is specific in development but just generic phrases and mere promises, not really what one would expect given your team with years of programming exp.
your team may be capable and may eventually earn such a valuation by its track record of achievements at a later date.
not sure how your coin want to achieve "first and foremost, community focus"?
I can buy right now on the market established anon coins with far progressed development with de-facto proven market valuation at a fraction.
nothing in your whitepaper is specific in development but just generic phrases and mere promises, not really what one would expect given your team with years of programming exp.
your team may be capable and may eventually earn such a valuation by its track record of achievements at a later date.
not sure how your coin want to achieve "first and foremost, community focus"?
Hello there! I do understand where you are coming from when it comes to the valuation of ForgeNet but we did a good bit of ICO market research (other ICOs with close market caps and use cases versus value per token) prior to coming up with our initial value and we also believe that $1.00 overall is a pretty fair starting point given that there are many out currently that greatly exceed our market cap that are valued at much higher per token. Also, we are not just another anon coin. We believe that privacy and anonymity are basic features that everyone should receive.
As to your concern of development; we have these initial outlines and goals of what it is we would like to do and involve ourselves in (which are set to be totally completed within roughly a 12 month timeframe), but past that is where our community will come in and actually vote on our continued direction. We do not believe that the devs should be in total control of the direction a crypto goes. The community first and foremost should have the say.
I thank you for reaching out to us with your concerns and if you would like to discuss it further then feel free to keep it going here or you can join us over on telegram and you can talk to me or any of us devs. We enjoy the talk so there's never going to be an issue whether you agree or disagree!
wait for the wallets , but how long ? i attented the ann every day
Hi yaju01, our wallets will be released by 22nd of January, 2018, stay tuned!
Possible that they will be released earlier, or actually release date set for 22nd?
The actual release date for the wallets is January 22. That will be the earliest that they will be released.
Added our new Discord channel to the original post.
We currently have 3 full-time devs. And several part-timers from the other sections and subsections that make up the rest of the team. Once the token sale ends we are looking to expand to get several more full-time people on the team.