[ANN][WEBD][CPU][POW&POS] 🌍 WebDollar - Currency of the Internet | in browser - page 48.

AlexandruPanait

newbie

Activity: 232

Merit: 0

Quote from: CryptoRobert on April 27, 2018, 02:29:12 PM

Today I have spent the whole day mining at the same address with two i7 PCs, one 8-core and one 4-core, and have managed not to find a single block. Not even one. This is really throwing away electricity, these powerful CPUs consume a lot and in my country electricity is expensive like hell. I will give it a few hours more but at some point I'll have to cut the losses and stop mining. It will be cheaper to buy the coins mined by others.

EDIT: After 14 hours I have finally found a block. So I will keep the PC on

There are a lot of miners, now we are working on blockchain explorer and mining pools.

Quote from: bobq on April 27, 2018, 08:52:40 AM

Well, this answer makes a sense. But of course also my question did, before knowing this answer

Yes you're right!

CryptoRobert

sr. member

Activity: 1015

Merit: 289

Today I have spent the whole day mining at the same address with two i7 PCs, one 8-core and one 4-core, and have managed not to find a single block. Not even one. This is really throwing away electricity, these powerful CPUs consume a lot and in my country electricity is expensive like hell. I will give it a few hours more but at some point I'll have to cut the losses and stop mining. It will be cheaper to buy the coins mined by others.

EDIT: After 14 hours I have finally found a block. So I will keep the PC on

bobq

sr. member

Activity: 1148

Merit: 307

Quote from: AlexandruPanait on April 27, 2018, 07:30:20 AM

Quote from: bobq on April 27, 2018, 06:33:30 AM

Quote from: cristiwn on April 27, 2018, 06:02:19 AM

Quote from: bobq on April 27, 2018, 05:44:12 AM

Quote from: cristiwn on April 27, 2018, 04:12:37 AM

Quote from: miketout on April 27, 2018, 02:41:57 AM

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

Hi guys, I just did a transaction and it went through with 0.01 fee. So I don't really get your point. All you have to do is edit the fee.

You cannot read, can you? I have already written that I have made transactions with as little as 0.01 WEBD, but this only after having ripped of by the default fee, which is outrageous. Now my question is: why is the default fee so outrageously high? Is it just a mistake (I don't think so) or is it intentional? Well, if it's intentional then we should ask which is the purpose of such an absurd fee. Is it perhaps because most of the people won't check it and go with the default? Devs speak of mass adoption, and 99% of people out there have no idea what fees in cryptos are, they barely know what cryptos are. So which is the idea behind such an absurd default fee? I have my opinion on that, which I have expressed with a word which exists only in Romanian ("smecherie"). Let's hear what others are thinking about that.

I'm guessing when you send 50K you pay 10webd as fee, that is still a trick("smecherie") to rip you off and enrich the miners? Lol
There is no need to accuse anybody of bad intentions, this is obviously an aspect nobody cares about at this point(I mean the team) because is not important, as they had much more stuff to do. But I certain they will improve the default fee to adjust for the smaller values also, as soon as they can.

I personally couldn't care less of spending 10 or 100 or even 1000 WEBD for sending the coins I've mined on one machine to another wallet, but unlike you I see the big picture and I notice contraddictions. As early adopters we are now sending coins in the thousands (lucky you if you have managed to mine 50K already, I guess most of us are not that rich yet), but the team is boasting to aim as mass adoption and as mass adoption would come people would likely send only a few WEBD at the time, in which case such default fees are simply absurd.

Thank you for rising this thing up. We thought most of the miners will transfer more than 1000 webd because webd has a small price at this moment and within the time, we will update to a feels by default within the time. Now this was made for avoiding transaction spam in the network but with the time we will change that for sure.

Well, this answer makes a sense. But of course also my question did, before knowing this answer

AlexandruPanait

newbie

Activity: 232

Merit: 0

Quote from: cryptoRX on April 27, 2018, 07:37:58 AM

Left the website open for an entire day but not a single block mined. Reckon the website is getting refreshed periodically and hence disrupting the mining process. I'm hoping for either a more stable website mining platform or something similar.

The website is updating when detect you are mining in a fork. Is a normal process for avoiding get forked webds and then disappear from wallet.

cryptoRX

member

Activity: 196

Merit: 12

Left the website open for an entire day but not a single block mined. Reckon the website is getting refreshed periodically and hence disrupting the mining process. I'm hoping for either a more stable website mining platform or something similar.

AlexandruPanait

newbie

Activity: 232

Merit: 0

Quote from: bobq on April 27, 2018, 06:33:30 AM

Quote from: cristiwn on April 27, 2018, 06:02:19 AM

Quote from: bobq on April 27, 2018, 05:44:12 AM

Quote from: cristiwn on April 27, 2018, 04:12:37 AM

Quote from: miketout on April 27, 2018, 02:41:57 AM

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

Hi guys, I just did a transaction and it went through with 0.01 fee. So I don't really get your point. All you have to do is edit the fee.

You cannot read, can you? I have already written that I have made transactions with as little as 0.01 WEBD, but this only after having ripped of by the default fee, which is outrageous. Now my question is: why is the default fee so outrageously high? Is it just a mistake (I don't think so) or is it intentional? Well, if it's intentional then we should ask which is the purpose of such an absurd fee. Is it perhaps because most of the people won't check it and go with the default? Devs speak of mass adoption, and 99% of people out there have no idea what fees in cryptos are, they barely know what cryptos are. So which is the idea behind such an absurd default fee? I have my opinion on that, which I have expressed with a word which exists only in Romanian ("smecherie"). Let's hear what others are thinking about that.

I'm guessing when you send 50K you pay 10webd as fee, that is still a trick("smecherie") to rip you off and enrich the miners? Lol
There is no need to accuse anybody of bad intentions, this is obviously an aspect nobody cares about at this point(I mean the team) because is not important, as they had much more stuff to do. But I certain they will improve the default fee to adjust for the smaller values also, as soon as they can.

I personally couldn't care less of spending 10 or 100 or even 1000 WEBD for sending the coins I've mined on one machine to another wallet, but unlike you I see the big picture and I notice contraddictions. As early adopters we are now sending coins in the thousands (lucky you if you have managed to mine 50K already, I guess most of us are not that rich yet), but the team is boasting to aim as mass adoption and as mass adoption would come people would likely send only a few WEBD at the time, in which case such default fees are simply absurd.

Thank you for rising this thing up. We thought most of the miners will transfer more than 1000 webd because webd has a small price at this moment and within the time, we will update to a feels by default within the time. Now this was made for avoiding transaction spam in the network but with the time we will change that for sure.

cristiwn

newbie

Activity: 42

Merit: 0

Quote from: bobq on April 27, 2018, 06:33:30 AM

I personally couldn't care less of spending 10 or 100 or even 1000 WEBD for sending the coins I've mined on one machine to another wallet, but unlike you I see the big picture and I notice contraddictions. As early adopters we are now sending coins in the thousands (lucky you if you have managed to mine 50K already, I guess most of us are not that rich yet), but the team is boasting to aim as mass adoption and as mass adoption would come people would likely send only a few WEBD at the time, in which case such default fees are simply absurd.

I agree with you,this should be updated, I didn't say it shoudn't be fixed. I was just saying that we shouldn't blame anyone for it, is enough to ask the team to improve this aspect.
The 50K were just an example, I'm not that rich yet Cheesy

bobq

sr. member

Activity: 1148

Merit: 307

Quote from: cristiwn on April 27, 2018, 06:02:19 AM

Quote from: bobq on April 27, 2018, 05:44:12 AM

Quote from: cristiwn on April 27, 2018, 04:12:37 AM

Quote from: miketout on April 27, 2018, 02:41:57 AM

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

Hi guys, I just did a transaction and it went through with 0.01 fee. So I don't really get your point. All you have to do is edit the fee.

You cannot read, can you? I have already written that I have made transactions with as little as 0.01 WEBD, but this only after having ripped of by the default fee, which is outrageous. Now my question is: why is the default fee so outrageously high? Is it just a mistake (I don't think so) or is it intentional? Well, if it's intentional then we should ask which is the purpose of such an absurd fee. Is it perhaps because most of the people won't check it and go with the default? Devs speak of mass adoption, and 99% of people out there have no idea what fees in cryptos are, they barely know what cryptos are. So which is the idea behind such an absurd default fee? I have my opinion on that, which I have expressed with a word which exists only in Romanian ("smecherie"). Let's hear what others are thinking about that.

I'm guessing when you send 50K you pay 10webd as fee, that is still a trick("smecherie") to rip you off and enrich the miners? Lol
There is no need to accuse anybody of bad intentions, this is obviously an aspect nobody cares about at this point(I mean the team) because is not important, as they had much more stuff to do. But I certain they will improve the default fee to adjust for the smaller values also, as soon as they can.

I personally couldn't care less of spending 10 or 100 or even 1000 WEBD for sending the coins I've mined on one machine to another wallet, but unlike you I see the big picture and I notice contraddictions. As early adopters we are now sending coins in the thousands (lucky you if you have managed to mine 50K already, I guess most of us are not that rich yet), but the team is boasting to aim as mass adoption and as mass adoption would come people would likely send only a few WEBD at the time, in which case such default fees are simply absurd.

cristiwn

newbie

Activity: 42

Merit: 0

Quote from: bobq on April 27, 2018, 05:44:12 AM

Quote from: cristiwn on April 27, 2018, 04:12:37 AM

Quote from: miketout on April 27, 2018, 02:41:57 AM

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

Hi guys, I just did a transaction and it went through with 0.01 fee. So I don't really get your point. All you have to do is edit the fee.

You cannot read, can you? I have already written that I have made transactions with as little as 0.01 WEBD, but this only after having ripped of by the default fee, which is outrageous. Now my question is: why is the default fee so outrageously high? Is it just a mistake (I don't think so) or is it intentional? Well, if it's intentional then we should ask which is the purpose of such an absurd fee. Is it perhaps because most of the people won't check it and go with the default? Devs speak of mass adoption, and 99% of people out there have no idea what fees in cryptos are, they barely know what cryptos are. So which is the idea behind such an absurd default fee? I have my opinion on that, which I have expressed with a word which exists only in Romanian ("smecherie"). Let's hear what others are thinking about that.

I'm guessing when you send 50K you pay 10webd as fee, that is still a trick("smecherie") to rip you off and enrich the miners? Lol
There is no need to accuse anybody of bad intentions, this is obviously an aspect nobody cares about at this point(I mean the team) because is not important, as they had much more stuff to do. But I certain they will improve the default fee to adjust for the smaller values also, as soon as they can.

bobq

sr. member

Activity: 1148

Merit: 307

Quote from: cristiwn on April 27, 2018, 04:12:37 AM

Quote from: miketout on April 27, 2018, 02:41:57 AM

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

Hi guys, I just did a transaction and it went through with 0.01 fee. So I don't really get your point. All you have to do is edit the fee.

You cannot read, can you? I have already written that I have made transactions with as little as 0.01 WEBD, but this only after having ripped of by the default fee, which is outrageous. Now my question is: why is the default fee so outrageously high? Is it just a mistake (I don't think so) or is it intentional? Well, if it's intentional then we should ask which is the purpose of such an absurd fee. Is it perhaps because most of the people won't check it and go with the default? Devs speak of mass adoption, and 99% of people out there have no idea what fees in cryptos are, they barely know what cryptos are. So which is the idea behind such an absurd default fee? I have my opinion on that, which I have expressed with a word which exists only in Romanian ("smecherie"). Let's hear what others are thinking about that.

TakeItEasy

sr. member

Activity: 1622

Merit: 270

Undeads.com - P2E Runner Game

Quote from: bobq on April 27, 2018, 01:40:42 AM

I have tried to send 1 WEBD but the fees are ridiculous. I have spent 1.1 WEBD to send 1 WEBD. Is it a joke? A new currency seeking mass adoption which from the very start has fees which are bigger than the money that you actually send? 110% fees to send one unit of this currency? I cannot really believe it...
And to send 100 WEBD it would cost 10 WEBD, still 10%, still a ridiculous amount.
You are seeking mass adoption, right?
I have no words...

EDIT: I just saw that you can change the fees manually, so it's not such a big issue in the end, I have finally managed to send also for a 0,01 WEBD fee, but those were the fees set by the wallet by default. WHich means that the average user would spend these absurd fees without realizing it. Has it been designed intentionally like that? It looks like a "smecherie" to me...

Quote from: miketout on April 27, 2018, 02:41:57 AM

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

It's all inattention

You can set fee manually as you wish.

cristiwn

newbie

Activity: 42

Merit: 0

Quote from: miketout on April 27, 2018, 02:41:57 AM

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

Hi guys, I just did a transaction and it went through with 0.01 fee. So I don't really get your point. All you have to do is edit the fee.

miketout

newbie

Activity: 41

Merit: 0

First, I like the whole experience, except the implied value of the coin through your choices. How much should I think web dollars are worth when it costs 10 to just make a transaction? Is that going to change, or should we map the numbers to 1/1000 of the face value?

I just saw the post saying you can set the fee. I did a default send of one block reward from one address to another, and it cost 10 WEBD! I think you really need to fix the default.

bobq

sr. member

Activity: 1148

Merit: 307

I have tried to send 1 WEBD but the fees are ridiculous. I have spent 1.1 WEBD to send 1 WEBD. Is it a joke? A new currency seeking mass adoption which from the very start has fees which are bigger than the money that you actually send? 110% fees to send one unit of this currency? I cannot really believe it...
And to send 100 WEBD it would cost 10 WEBD, still 10%, still a ridiculous amount.
You are seeking mass adoption, right?
I have no words...

EDIT: I just saw that you can change the fees manually, so it's not such a big issue in the end, I have finally managed to send also for a 0,01 WEBD fee, but those were the fees set by the wallet by default. WHich means that the average user would spend these absurd fees without realizing it. Has it been designed intentionally like that? It looks like a "smecherie" to me...

AlexandruPanait

newbie

Activity: 232

Merit: 0

Quote from: BountyX on April 26, 2018, 04:27:50 PM

After how many blocks will the reward split to 3000? How much time until that halving? I seem to remember that at first launch the reward was 3000...

We changed the blocks time from 20s to 40s so the reward was changed too from 3k to 6k

BountyX

full member

Activity: 352

Merit: 100

After how many blocks will the reward split to 3000? How much time until that halving? I seem to remember that at first launch the reward was 3000...

AlexandruPanait

newbie

Activity: 232

Merit: 0

Quote from: Tatayoyo on April 25, 2018, 10:13:47 PM

This coin has been listed on https://newborncryptocoin.com !

Cool, the admin should update the status on that website.

GeePeeU

sr. member

Activity: 545

Merit: 251

ASK

Something people can do in the meantime while we wait for pools, with trusted people, is share a mining address and just split the rewards.

AlexandruPanait

newbie

Activity: 232

Merit: 0

Quote from: GeePeeU on April 26, 2018, 02:27:08 PM

Quote from: AlexandruPanait on April 26, 2018, 02:21:26 PM

Quote from: GeePeeU on April 26, 2018, 01:48:58 PM

Quote from: MonsterMax88 on April 26, 2018, 01:01:03 PM

With ryzen 5 1600 in 5 hour just 2 blocks. 3500 h/s

6000 WEBD

I've seen people say 3k/block and 6k/block now. The front page says 3k. can anyone confirm?

Also an update for me, running roughly 4k h/s since launch and got 18k WBD so far.

I was afk when I hit the blocks so I cant say if they are 3k or 6k.

The reward is 6k at 40s. Also I have a announcement regarding mining pools. Will be ready in few days, so stay tuned. There are 100 years of mining left this is just the beginning.

Thanks for the clarification. And good to hear about the pool.

Regarding what I said about your distribution, It seems better than I previously thought. It just seems one would need a higher end CPU at the least to produce any results in the same day, which pools will fix.

Yes, we will have also after mining pools a bounty program with 1 milion webds. Check here https://webdollar.io/bounties if you have to get reward from our previous baby bounty program

George_Alexandru

newbie

Activity: 14

Merit: 0

Guys, mining is obviously harder now as the reward has doubled but also the frequency. There are over 1K nodes, you can't just beat all of them. Just be patient, there's enough for everyone Wink

Keep mining on
WebDollar.io
and join WebDollar forum:
WebDollarForum.com

Topic: [ANN][WEBD][CPU][POW&POS] 🌍 WebDollar - Currency of the Internet | in browser - page 48. (Read 43781 times)