The Howl Miner is live again, with some internal changes. The ticker updates slower but adds more HWL with each update.
Every 10 seconds that it runs it will add some HWL.
You can earn ~20 HWL per day currently. There may be slight inconsistencies across devices but it should be much less now. The reason it happens is because even if the timer is +0.1% lagged on a different device, it adds up every time new HWL is added. To combat this I changed the timer to 10 seconds. Every time the miner is open for 10 seconds, more HWL is added.
In the future HowlCoin mining may require an action (Similar to a captcha) which would make for a more secure Proof of time.
One main goal of the internal changes is to prevent users from just running the miner in multiple tabs. For a while now the miner has flagged withdrawals that came from the same device. Some users would try to just run many instances of the miner, but this defeats the purpose of PoT because almost unlimited coins could be mined. When that happens, the system flags the withdrawals and they are not processed, only 1 per device. What might have to happen in a future update is that withdrawals will be restricted to 1 IP address at a time, meaning you can't mine on multiple devices under the same IP. As for now though, that is still enabled, so you can mine from multiple devices with the same IP at the moment.
Proof-of-Time, sounds strange proof, I have never heard about it.
The goal of distributing HWL through Proof of time is simply that mining would be equally accessible to to both the poorest and richest person, allowing for hopefully a very widespread distribution of the coin. Any hardware-intensive based mining solutions, or proof of stake, mean that users with more cash can mine more. That may work for other Cryptos but the point of Howlcoin is to see what happens if the mining playing field is truly equal. Both a poor person and a rich person only have 86400 seconds in a day. Already people have tried to use work arounds to get a ton of Howlcoins but we are constantly working on the miner to prevent this from happening and for the most part it's working great. The only reason mining cannot be 100% automated yet is simply needing to make 100% certain that no work around is possible as any vulnerability in that scenario would be severe.
I submitted now 3 withdrawals from different computers and I think 1 should be in the queue from yesterday
Cool, they will be put through over the next 24 hours now that the miner has been updated and released. Also, we will begin distributing more Airdrops at the same time. The airdrop sign up has closed but anyone who got their address onto the list successfully will be airdropped 100 HWL.
Over the course of next month a bunch of things will be rolled out.
Did you list HowlCoin on EtherDelta with no prior notice???
No, I have been in contact with EtherDelta about officially listing the ticker on there, I am just waiting to send the info to time it for on or close to Jan 1st.
With EtherDelta, it is at the admin's discretion to list a ticker in their drop down box, however anyone can trade any ERC20 coins without needing approval. Some people have bought and sold HWL coins on there already, so you are able to sell them if you want or buy more without mining.
I am going to start a small paid ad campaign on January 1 for HowlCoin, so there may be more buy orders that appear on EtherDelta around that date, which gives you early users the chance to offload your coins/airdrops for ETH if you want to do that. The period leading up to Jan 1 allows things to be refined and improved upon (The miner, website etc) so that it's in good shape for the new year. Hopefully by running ads there will be new users to mine, buy and sell Howlcoin.
