Post
Topic
Board Announcements (Altcoins)
Re: [ANN][WEBD] 🌍 WebDollar - Currency of the Internet | Mining directly in browser
by
EvlMiner
on 28/06/2018, 14:51:03 UTC


45Mh/s and 79Mh/s Huh
That's not good. It would be good it that hashpower would come from a huge number of people mining, but evidence is suggesting that instead there are less and less miners with more and more hashpower - which means huge and expensive server farms. In other words, WebDollar is getting more and more centralized - JUST AS BITCOIN DID. We all know that the majority of Bitcoins are nowadays produced by less and less players with bigger and bigger mining farms, like Bitmain. The same is starting to happen to Webdollar, and what's bad is that it's happening even BEFORE mass adoption has ever started, and this can in fact jeopardize mass adoption. It has been a big strategic mistake to release the mainnet without already working pools. I had suggested the need of pools even before the mainnet went live, pity I was not listened to. Let's see if the upcoming pools will allow Webdollar to slowly climb back to a wider adoption and resque the project. For sure, it will be hard now, as the majority of the coins are getting in very few hands. To have a great tech is a waste of value if then you mess up everything with poor strategic thinking and unprecise and chaotic planning.

The big miners were going to get in no matter what. Maybe even faster if pools were around. In fact, that's what I've noticed with other coins. And there was a lengthy window of time where anyone with a quad core cpu could get a block a day or more. So i think things are going as well as they can in this day and age.