Post
Topic
Board Announcements (Altcoins)
Re: [ANN][WEBD] 🌍 WebDollar - Currency of the Internet | Mining directly in browser
by
Zeneize
on 02/09/2018, 09:59:10 UTC
I don't like it either. The premine alone is bad enough. Staking it is even worse.
If you really need to secure the network, ok, stake it for a limited time, but make a transparent system where the coins gained from staking the premine are immediately burned.
The premine should be used for bounties, as was promised, not for creating additional coins or increasing the staking difficulty for everyone else who actually bought or mined their coins.
If you keep breaking your promises, no one will be able to trust you in the end.
And I'm saying this because I really like this project.

It was clear a lot of time ago that those few big computer farms were mining all the coins and this would lead to a lack of decentralization, the consequence was obvious with just a bit of extrapolation, and it had been told as a warning on this thread by someone. It should have been taken care then, now it's a mess. But of course, not taking care of that could end into a much bigger damage. Great devolepers you are, for sure, but bad planners and stubborn in never listening to those who had told you about this problem time ago on this very thread, as I perfectly remember.
And I'm saying this because I too really like this project.