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famacoin

THE POWER OF THE MOUNTAIN
FMC -beta04- TESTNET IS HERE...

how to acces auctions?

the safest -AND RECOMMENDED- way for accessing standing coin auctions, is installing a "full ethereum node" with mist plataform. there, you will have to connect to the ropsten netwok, to creat an eth wallet and wait for A full synchronization with this TestNet. once finished such synchronization, you must use this address and this json (abi) interface to enable the smart contratc of FamaCoin. After transfering some ETH to your ropsten wallet, you will be able to run the "bid_120000FMC" function from the smart contract to make your bid in a coin auction. You can run THE "BID_120000FMC" FUNCTION ONLY IF "ELAPSEDTIME" IS LESS THAN 600 seconds. IF "ELAPSEDTIME" IS EQUAL TO 600, THEN IT IS REQUIRED TO run THE "ENDAUCTION" FUNCTION, PRIOR TO run THE BID FUNCTION. In the future, a new mechanism of access to the auctions will be enabled through web and mobile application. look at contract transactions history, by accessing the following link ttps://ropsten/etherscan.io.

HOW TO MAKE A BID USING THE WEB?

 

A more simple way that the user has to interact with an smart contract is through the myetherwallet.com web site. You will have to activate the ropsten network and generate your own eth wallet. With the option "contracts" you must activate the FamaCoin smart contract, by cutting and pasting both the address and the json (abi) interface, before supplied here and here. All the public functions of the FamaCoin smart contract, are enabled in this way. Now, the user can participate in the auctions by running "BID_120000FMC" function. It is suggested to make small bids (pennies differents from each other) and always take the caution of using test ether in the auctions. Never transfer true ether to a testnet wallet.