[ANN] WaltonChain WTC

[serhanni]

Are there any mining pools or solo only?

There is no pool yet, you can only mine with wallet. And the wallet miner cpu and nvidia compitable only.

[GrapheneCapital]

Are there any mining pools or solo only?

Hey YourMom420,

My name is Greg and I'm a GMN holder and have just started a mining pool. There was a post about how this would work on reddit, as there is no sure fire way to make it truly "trustless" at the moment. However, here is a system that I believe is as close as you can get to being trustless. Feel free to let me know what you think, and direct message me if you're interested and we can go from there.

PRE-Token Swap: I will be paying 3 WTC for every WTCT block mined to the WTCT address:0xa2bc21f35c7beccef2a86273e77680a8811d24e1 Note: I am paying real WTC not the WTCT, as WTCT is not worth anything

POST-Token Swap: The swap will most likely take place in 20-60 days. The pay rate per block I will be paying has not yet been determined but would be in the range of 2.5 to 2.9 WTC per WTC block mined. I will work with miners to determine a rate that is worthwhile and I will communicate more when that time comes closer.

Proof of Payment: I will be paying from the following address roughly every 24 hours (to reduce risk, see risk mitigation for more) or within 24 hours after a request and you can track that all payments per block on the WTCT address are accounted and paid: https://etherscan.io/address/0x086833f7a48eca35a3d7125a48ca3c52f4554af7

Unaccounted for blocks will be distributed to miners based on each user's percent of total mined blocks. I expect all blocks to be accounted for as there is no reason a miner wouldn't want to get their 3WTC payout but in the event that there is some left this is how I will deal with it. Example: if you mine 10 blocks of 80 total blocks on the account and there are 3 blocks (9WTC) unaccounted for at the end of token swap. You will get 10/80*9 = 1.125 WTC.

Handling Conflicts: Until a more robust system is developed to automatically track what users mined which blocks and pay them. I will request that each miner submit to me a list of blocks that they mined this is shown on their Command Line Interface (CLI)/CMD. I will have a 24 hour delay in payments from the time the block list was submitted to me, this will provide a buffer to see if anyone else is claiming the same mined block. If there are any disputed blocks, I will contact both parties and request screenshots or any other proof that they did indeed mine the block in question. I will review the evidence and see if I can make a reasonable determination to who mined it. If I am not 100% certain I will submit the evidence to the mining community and have them determine who should receive the funds. Anyone attempting to cheat the system will be asked to not mine any further blocks. If there is absolutely no way to determine who mined the block in dispute I will pay both parties 2 WTC for the block.

Reasonable Risk Mitigation: There is some level of risk with any mining group that is not autonomous, I would like to outline the risks and provide reasonable level of support for why you shouldn't worry. Risk 1: You mine your first block and notify me and I just don't pay. Answer: As a miner that didn't get paid for your work you would obviously leave, and you are out the ~$17 your block was worth and you move on. I would gain the $17 and then lose out on the 1 wtc per block I would get from you in the future, my current miner has mined 8 blocks so that's 8 wtc I have made from him vs the 2 wtc I could have stolen. So even in a few days of losing a miner I would lose out on huge amounts of profit if I ever cheated any of those mining. After you have mined 2 blocks and I pay, the risk is not really there anymore as you have already earned the 2 extra WTC you wouldn't have had to begin with if you mined solo. Risk 2: You mine your block report it and someone else claims the same block. Answer: see (Handling Conflicts) but it is in my best interest to reward the honest miners and get rid of anyone lying. If there is absolutely no way to determine who mined the block in dispute I will pay both parties 2 WTC for the block. And neither of you would be out any other then the bonus +1 WTC reward If there are any other risks I haven't thought of please let me know and I will address them.

Here's some more proof if you're inclined https://i.imgur.com/k0kHuWZ.png https://i.imgur.com/Mvafk5N.png

[serhanni]

Hello, is there any way to mine with both cpu and gpu at the same time ? I saw that i can pick only one at a time, or am i missing something ?

I'm not sure but as far as I remember there is a cli based miner for gpu.

[vortexz]

Currently WTC is ridiculously profitable for miners. And miners secure the network. We need the network secured.

[Wunderkind]

Currently WTC is ridiculously profitable for miners. And miners secure the network. We need the network secured.

Yup. Already 2700 nodes running and counting.

[andnet]

easyminer not work. Why?
Wallet work fine, and mining in wallet too

[JohnDoe3490]

Thanks to Network Traveler for running a smooth Shared Masternode operation. Keep up the great work Knights of Walton!

[damirdj]

https://i.redd.it/3w0s6qewdfs01.png

Xiamen Zhongchuan Internet of Things Industrial Research Institute Co is Waltonchain subsidiary
Waltonchain Officially Listed as Alibaba IoT Industry Partner

[Sophia Portera]

Walton with +4% today with price over $12. Let's keep track of the chartshttps://www.coinranker.net/cryptocurrency/walton

[joel_]

Hi guys,
how does one run standard WTC masternode (with 5k WTC)? Is it possible atm? If so, where can I find other MN requirements/setup info?

Thanks a bunch for any tip!
& GL to WTC hodlers!

[Splin V]

Organization Chart Update!

https://twitter.com/Waltonchain/status/986967975482736640

[JohnDoe3490]

We are finally back to over $12. We are back on the way to $40 once again. Let's do this. Do not be discouraged as all weak hands has been shaken.

[GröBkAz]

When will be avaliable data for POS a masternode, mean how many percent per year expected?

[serhanni]

Hello, is there any way to mine with both cpu and gpu at the same time ? I saw that i can pick only one at a time, or am i missing something ?

Hello mate, it seems it's possible to mine with both cpu and gpu at the same machine. Check https://www.reddit.com/r/WaltonchainMining/comments/8diso5/cpu_gpu_tutorial/dxnqxm3 for further details.

[BtcMan2009]

WaltonChain will have a major milestone in the next 2-3 years, and the price of the coin will continue to create a new high, and all investors have been holding a better choice.

I'm still surprised that the price is still this low after everything came out. Very interesting to see price action later.

Of course it is possible that in 2 or 3 years the coin will be where that on the moon already as development goes forward. But who knows precisely that he will be even at least in a year. And about a coin, it is a coin to me it seems in respect of the price will show growth this year together with other coins in the market.

[serhanni]

Waltonchain needs better support for mining releated questions and issues.

[Jekwizor]

A Senior Consultant of Accenture Visited Waltonchain

On April 18, one senior consultant of Accenture visited Waltonchain and joined a blockchain industry sharing session. With deep industry expertise and management experience, the senior consultant shared Accenture’s strong capability in governance model design, process reengineering and organization optimization etc. Experts from both sides also conducted an in-depth communication on the prospect and applications of the blockchain industry.

Accenture is a world leading professional service company, providing a broad range of services and solutions in strategy, consulting, digital & technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture stands at the intersection of business and technology to help clients improve their business performance and create sustainable value. Accenture is one of the Fortune Global 500 companies with more than 400,000 consultants serving clients in more than 120 countries.

As a leader in the blockchain+IoT industry, Waltonchain is also committed to becoming a global company with outstanding performance, establishing a global business ecosystem, enhancing its overall competitive edge in technology R&D, application implementation, and brand operation, and staying ahead in the global blockchain industry.

Waltonchain will continue hiring top talents and establishing strategic partnerships with industry leaders. With the talent team size growing, Waltonchain will continuously adopt advanced management philosophy, methodology and tools, and further improve and enhance the overall management system, including organization, process and procedure, performance management and brand value, and also Waltonchain will strengthen corporate core value and culture building, which lays a solid foundation for the future development and globalization.

During the discussion, Chen Zhangrong, the COO of Waltonchain, introduced Waltonchain company’s roadmap and desired to establish a more comprehensive and in-depth long-term relationship with Accenture. Being the leader of blockchain and IoT, Waltonchain has long been aiming to establish a global business ecosystem, and to become an industry leader.

Accenture’s senior consultant also analyzed the prospect of the blockchain industry by leveraging Accenture global resource and technology know-how. Meanwhile, she was optimistic about the future of the blockchain industry, and spoke highly of Waltonchain’s vision and strategic deployment given current special market circumstances. The in-depth discussion and sharing will further promote the potential collaboration between two sides in the near future.

https://medium.com/@Waltonchain_EN/a-senior-consultant-of-accenture-visited-waltonchain-2f529d32220c

[JohnDoe3490]

Hello, is there any way to mine with both cpu and gpu at the same time ? I saw that i can pick only one at a time, or am i missing something ?

Hello mate, it seems it's possible to mine with both cpu and gpu at the same machine. Check https://www.reddit.com/r/WaltonchainMining/comments/8diso5/cpu_gpu_tutorial/dxnqxm3 for further details.

Yup, you can mine with both. It looks like you need strong hashpower now though. It is very hard on singles cpus and gpus.

[serhanni]

Hello, is there any way to mine with both cpu and gpu at the same time ? I saw that i can pick only one at a time, or am i missing something ?

Hello mate, it seems it's possible to mine with both cpu and gpu at the same machine. Check https://www.reddit.com/r/WaltonchainMining/comments/8diso5/cpu_gpu_tutorial/dxnqxm3 for further details.

Yup, you can mine with both. It looks like you need strong hashpower now though. It is very hard on singles cpus and gpus.

Yes, you are right. if I am not wrong network hashrate nearly tripled

[allwithpassion]

Do you have a Chinese whitepaper?