Quote from: whotheff on August 20, 2018, 11:56:11 AM

Quote from: webchain-network on August 20, 2018, 11:49:13 AM

Some people approached us with the idea of airdrops. We are against it - or at least against the concept shared on Wikipedia saying "A cryptocurrency Airdrop is a distribution of a cryptocurrency token or coin, usually for free, to a large number of wallet addresses, and primarily implemented as a way of gaining attention and new followers resulting in a larger user-base and a wider disbursement of coins. ".

The usually for free part is what we disagree with. It's so easy to start treating a coin as if it was worthless and start giving it away for free. We had no ICO and we are against using any airdrops for Webchain. It's simply too valuable in our eyes to give it away just like that. (small, limited competitions to win some WEB are planned by our marketing team though)

We think to give some coin a value, we cannot give it away for free in bulk. So, to get some WEB you have to work on it.

No free WEB out there for anyone!

That sounds fair. Now do we keep the *CPU only* as your signature says, or we use switch to GPUs for work?

LOL

No free WEB out there for anyone!

I like that. Airdrop will probably just end up dumped, and in big dilution. I also respect the large premine. I always thought large premine was important as dev needs to be rewarded for their hard work. Its only fair, although there is some chance of scam.

Having said that, I wonder what route dev will take from here? Miners are always looking to profit from advantage and will look high and low to crack codes. Even when some novel scheme is hatched to ward off crackers, its usually matter of time, until someone comes up with GPU or ASIC solution. Only things that can possibly work is, always be ready to fork, with new codes ready. This is huge undertaking, and big distraction from real development of cryptocurrency.

I guess I will just keep keen eye as story unfolds. So far, I am impressed with dev team with their industrious efforts and believe this issue will be addressed one way or the other.

Thanks guys and keep up the good work.

Tangri

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