What is WebDollar? WebDollar is a browser based digital currency. The main advantages to it, are that WebDollars can be mined in your browser and you can transfer funds by storing the wallets locally, without using third parties. What's it like using WebDollar? WebDollar is a peer to peer (p2p) currency which is native to the internet. The WebDollar protocol and blockchain were designed to be light and to work without the installation of any additional software or plugins for wallets or mining. A mini-blockchain is downloaded directly into your browser, while your wallet is securely stored and encrypted directly into your computer. Full consensus is achieved in a matter of seconds by using a novel PPoW - Proofs of Proof of Work algorithm to allow light nodes to check the balance and validate transactions in a matter of seconds. Being native to the internet, WebDollar is enabling miners to start mining with a click of a button. What are the risks of mining WebDollar in my browser? There is no risk involved in using WebDollar, but you can expect some latency on your browser, especially if you increase the number of threads used. We recommend using the level 1 thread while you are working on your PC, and increase it when you are away. Likewise, the battery of your device will drain faster and on POW rounds your electricity consumption will slightly increase according to the number of threads that you are using. How is WebDollar different, when compared to other cryptocurrencies? WebDollar is the easiest and fastest way to earn and use cryptocurrencies. You don’t need technical knowledge or dedicated hardware resources. WebDollar aims to make mining available for every laptop and smartphone, which is why we are using the Argon2d algorithm which makes mining with special hardware unprofitable because it is ASIC resistant and GPU unfriendly. We want to give everyone the opportunity to mine and take part in the new world of cryptocurrency. Where are the wallets stored? The Wallets are stored and managed securely by the Browser, by using the Indexed DB API. The wallet's storage location varies from one browser to another. You can also download the wallet as a file and store it on another browser, disk drive, USB drive, cloud storage, cold storage, etc. WebDollars is a platform with a goal to bring cryptocurrency to everyone. To do this, they’ve built a cryptocurrency platform that enables crypto mining in the browser. Chrome, Firefox, Opera, Edge and others are supported. The current market capitalization is at $0.00018447. Currently, 9.5 Billion coins are in circulating supply and can be increased to a maximum supply of 42 Billion. P2PB2B is the most active place to trade WebDollars.
