WEB to be listed on CHAOEX! Why we are so excited?

Alfira Sehun
CHAOEX
Published in
2 min readNov 10, 2018

When blockchains were first created, no one could foresee the monopoly that ASICs would create for them. Instead of blockchain technology becoming a way for the masses to become financially independent, it became a way for the wealthy to accumulate more wealth. A dark side of the industry was created through the ASIC chip’s mega dominant hashing power. ASIC manufacturers are unfortunately encouraged to use just ASICs themselves rather than sell them on the free market. Essentially, a manufacturer is only incentivized to sell an ASIC chip if they can sell it for a higher price than the profit they will make mining with the chip themselves. As a consequence, ASIC chips are expensive and thus generally only are used by large mining pools and entities. This leads to a centralized mining ecosystem, largely controlled by the manufacturers themselves.

Luckily, The Webchain Network realized that there are over 1.5 billion websites delivering millions of services every second and each of them could be helping to secure a future where the internet is decentralized and monopoly-free.

The Webchain Network is creating an ecosystem for webmasters to earn on their content. Having a hosting provider with millions of users and one of the leading JavaScript mining solutions on the market already in the $WEB ecosystem, WEB will be the native cryptocurrency tying it all together. Webchain being the first currency minable via CoinIMP.com other than Monero — it will be an supported payment method for their services and can already easily be earned by the click of a button on the CoinIMP hosting panel. The team will focus on seamlessly joining all 3 services (WEB, hosting, coinimp) together. The Webchain guarantees public, transparent, trackable and fast transactions with possible off-chain solutions and on-chain scaling via sharding. The developers are constantly upgrading to remain ASIC resistant.

CHAOEX Team has developed selection process for tokens to be listed on our platform. We give very deep evaluation to all the projects and appreciate any kind of innovations that contribute to the development of the blockchain industry and create fair market conditions. With great pleasure CHAOEX is announcing new token listing! WEB will be listed on ETH market on 12th of November, along with the release of new version of the platform CHAOEX 3.0.

Deposit for WEB is opening on 12th of November, live trading WEB/ETH is opening on 15th of November!

Webchain Facebook: https://www.facebook.com/thewebchain
Webchain Twitter: https://www.twitter.com/TheWebchain
Webchain Telegram: https://www.t.me/webchainnetwork
Webchain Official Website: https://webchain.network/

Join now!

Always Yours,
CHAOEX Team

Facebook: https://www.facebook.com/ChaoExHK
Twitter: https://twitter.com/ChaoExHK
Telegram: https://t.me/HKchaoex
Official Website: https://www.chaoex.com

--

--