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Verifying address

phpcoinn edited this page Dec 23, 2021 · 8 revisions

For every user to start mining PHPCoin (except pool mining) he need to have created and validated address on blockchain.

To create address check Create new address.

Each address on blockchain is stored in accounts table with address and public key. When first time is address appear on blockchain it is unverified (without public key). For example if someone make transaction first time to that address.

When that address makes some outgoing transaction it stores its public key in accounts table and becomes verified.

So following steps need to be executed in order to verify address:

  1. Go to faucet node: https://faucet.phpcoin.net/apps/faucet/
  2. Enter your address, fill captcha, and click on button Receive
  3. Wait for transaction to be added to blockchain
  4. Go to address wallet
  5. Send on transaction to some address (for example back to faucet: PYcFC7BvhJ4queNMwbDuxBGdqSmBvyjXZT)
  6. Wait for transaction to be added to blockchain

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