How do I receive rewards using forging?

Forging is an alternative method of mining cryptocurrency, which is carried out without the need to perform computational processes.

Forging or Minting — the creation of new blocks in the blockchain based on the confirmation of the ownership share. It gives you the opportunity to receive rewards in the form of new units and commission fees.

Forging works on the Proof-of-Stake algorithm. This means that the profit can be obtained in the form of coins for creating new blocks within the blockchain. For creating a block, participants receive a reward, the amount of which depends on the participant’s share in the total number of coins mined.

Forging is used as a way to get coins by providing network maintenance services. It is a flow of coin reallocation from the participants of transactions to those who register these transactions. Reallocation threads do not increase the total number of ZYX in the system.

Each account can generate blocks, provided that at least one incoming transaction has been confirmed 1,440 times. In forging, the computing power of the computer does not matter, because all the work is automatically distributed among the network participants.

In forging, you can get a reward in the form of a commission-a percentage of the transaction amount. To do this, you need to add new blocks to the chain. In this case, the probability of adding a block depends on the size of the wallet asset, that is, the current share of ZYX coins. And all emissions after the launch of the network are carried out at the expense of PoS-mining.

Become a member of JaguarCrypto and get a guaranteed income.

Go to our website:

Register in the bot and become a member of our project:




POS-mining ZYX network (up to 21% per month) Referral is not debited from the partner! Trade: BITFOREX.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium


How to set-up a cryptocurrency?

Privacy Coin Review: Digital Cash (DASH)

How and Where to Buy Bridge Oracle (BRG) — An Easy Step by Step Guide | Crypto Buying Tips

GAINS Associates AMA Catch Up and Highlights

Do you ever feel like you are wandering through some sort of purgatory floating through the days.

ICO Market Analysis: What Really Drives the ICO Capital Raise Process?

Crypto legally recognized by India, as per tax rule 2022.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Jaguar Crypto ENG

Jaguar Crypto ENG

POS-mining ZYX network (up to 21% per month) Referral is not debited from the partner! Trade: BITFOREX.

More from Medium

CS371P Spring 2022: Week 9-Eric Dai

Singapore Court Finds NFT to be Valuable Property in Need of Protection

Keys in Flutter🔑

CS371p Spring 2022: Randall Crawford Blog 10