Webchain is a web-mineable blockchain platform that makes the most of the unused CPU resources of internet-connected devices to secure Smart-Contract-powered DApps. This is done by registering public transactions through an egalitarian Proof-of-Work consensus mechanism based on CryptoNight, which uses the community of website users as the low-impact processing grid for applications.
Through Webchain, the use of smart contracts becomes more mainstream, acknowledging the huge benefits that decentralized apps can offer to today’s internet.
Below are some of the features that it entails:
- Web minable.
- Only public, transparent and trackable transactions, a condition that guarantees a botnet unfriendly network.
- Fast transactions with possible off-chain solutions and on-chain scaling via sharding.
- Constantly upgraded to remain ASIC resistant.
Below are the Specifications:
CryptoNight’s egalitarian PoW, as described in CryptoNote Standard 008 (CNS008).
100.000 blocks (~2 weeks)
Smart Contract standards:
350.000.000 WEB (20%)
1.600.000.000 ~ 1.750.000.000 WEB
For further information about how you can get started, follow the guide.