Cryptocurrencies Encyclopedia


Max Supply Circulating Supply Issue Date 105 vote(s)
42,000,000,000 8,140,000,000 2018-04-26 00:00:00 UTC
Issue Price Consensus Protocol Cryptographic Algorithm
0 POW+POS Argon2d
Source Code White Paper Website WEBD
https://github.com/WebDollar/Node-WebDollar https://webdollar.io/public/doc/WebDollar-White-Paper.pdf https://webdollar.io/ Coin

WebDollar is a cryptocurrency fully native to the World Wide Web, entirely written in JavaScript, built around the concepts of simplicity, lightness and portability.

WebDollar mission is to foster the mainstream adoption of cryptocurrency.

In order to make that vision a reality, we're addressing to address all kinds of users, not just the tech savvy, like most of the other cryptos do. For that, we've created the simplest possible user experience for a cryptocurrency:

 No Installations

 No Downloads

 No account creation or complicated configurations.

 Wallet is safely created automatically and stored locally. 

WebDollar uses a Non-Interactive Proofs of Proof of Work (NiPoPoW) consensus mechanism, which means that the trust less factor is done without requiring the download of the entire blockchain history from the genesis, but only the hardest proofs and blocks that distinguish attackers from honest nodes (miners) which keep the correct blockchain. 

 

This means that you won’t need to download hundreds of gigs of data to start mining and you can access the blockchain for mining from any device, almost immediately.

These features position WebDollar as a currency for the masses. Indeed, we aim for mass adoption and this is why we designed a WebDollar supply of fine granularity (see specs below).

We have also redesigned mining from the bottom up, introducing the hybrid browser mining.Through our technology we empower people again, and mining becomes possible for anyone, on any device. 

Our blocks are mined with a hybrid algorithm using 66,(6)% PoS and 33,(3)% PoW which is ASIC-resistant and GPU-unfriendly hash function, Argon2d, provides further encouragement to help make mining a social phenomenon for browser and foster mass awareness in the process.

105 vote(s)
1 CARROT = 1 Vote | CARROT/ETH