Webchain mining tutorial - CPU algorithm new currency, said to be resistant to graphics cards and mining machines

Introduction to Webchain

Webchain is a blockchain that can fully utilize the untapped CPU resources of networked devices to protect DApps driven by smart contracts. This is done by registering public transactions through an egalitarian proof-of-work consensus mechanism based on CryptoNight, which uses the website user community as a low-impact processing grid for applications.

Name
Webchain

Consensus Mechanism
CryptoNight's egalitarian PoW, as described in CryptoNote Standard 008 (CNS008).

Base Reward
50 WEB

Era length
100.000 blocks (~2 weeks)

Block time
10 seconds

Smart Contract standards
ERC-20, ERC-223

Locked Premine
350,000,000 WEB (20%)

Total supply
1.600.000.000 ~ 1.750.000.000 WEB

Several major features of webchain

1. Can use IoT resources or any device that can render JavaScript

2. A fully customized version of the Cryptonight algorithm. In order to maintain ASIC resistance in the future, the official will continue to update it.

3. Neither ASIC nor GPU miners will have a big advantage over CPU miners.

Mining Information

Official website: https://webchain.network/

Wallet download: https://github.com/webchain-network/webchain-wallet/releases

Mining software: https://github.com/webchain-network/webchain-miner/releases/tag/v2.6.2.0

Wallet: https://github.com/webchain-network/webchain-wallet/releases

Official Discord Group: https://discord.gg/BpatQka

Official tele discussion group: http://t.me/webchainnetwork

Trading Sites:

https://app.stocks.exchange/en/basic-trade/pair/BTC/WEB/1D

https://www.chaoex.io/register/6E71A2R

https://bitebtc.com/trade/web_btc

powered by Coinlib

Mining Pools

http://pool.webchain.network/[Official]

http://webcn.hashluck.net [USA]

http://webchain.typemine.com [USA]

http://web.gonspool.com [SINGAPORE]

http://webchain.thetapool.com [UK]

http://webcn.loudmining.com [USA]

https://webchain.miningpoolhouse.com [SPAIN]

https://coorp.io/pool/web [US]

http://pool.web.m00n.top [HONG KONG]

After you have the wallet address, you can basically start mining. Edit the config.json in the mining software folder in Notepad, and fill in the mining pool address and wallet address.

Mining pool: webchain.network:3333,

The wallet address is already there, but the mining pool cannot recognize it by default. You need to add 0x in front of your wallet address, for example: 0x9d837c82bc326ea0c31e15509007f184df75245e.

After editing, right-click and run webchain.exe as an administrator to start mining. You will get higher computing power. The mining will start successfully as shown below.

Wallet backup

The wallet file is here: Start-Run input %appdata%\Webchain\mainnet\keystore Be sure to copy the files in it and put them away

Check how many coins you have earned directly on the mining pool homepage

Enter your wallet address under Your Stats & Payment History to view your mining power and account balance