How to Mine

1Download and Install the GUI Wallet according to your OS:

Windows, Linux and Android GUI WALLET Please be aware that current GUI wallet shows only outgoing transactions. To check history of incoming transactions for selected account, use http://explorer.webchain.network.

2Launch the app after the installation is over and follow these steps:

2.1) Make the decision based on your preference. If you’d rather choose 100% security over fast syncing speed, we recommend you to pick the "FULL NODE" version, otherwise, the "REMOTE NODE" might be the best option for you. After you’ll have the following options on the screen:

* MORE ABOUT WEBCHAIN
* GENERATE A NEW ACCOUNT
* ADD YOUR ACCOUNT --> You have two options to add your existing account address:
"FROM KEYSTORE FILE (UTC/JSON)": select this option if you want to import the key from a UTC/JSON keystore file.
"FROM PRIVATE KEY": pick this option if you want to manually input the private key.

2.2) In case you need to generate a new account:

2.2.1) Click on "GENERATE A NEW ACCOUNT" and set a password to continue.
2.2.2) Carefully read the instructions and click on "Download Account Key File" and store it safely along with your password (this file is encrypted with your password).
2.2.3) Read the instructions given on the screen and click on "next" once you're done with it.
2.2.4) Set account properties: in this section you can create a new account name.

2.3) In case you need to import an account:

2.3.1) You can also import mnemonic account. You need to type a strong password and generate mnemonic phrase.
2.3.2) Another way is to import the json file located in your keystore account. Follow the instructions given at How to Create or Manage an Account so you can find the json file with your account details.

Once you have created a new address or registered your existing one, you will be on the accounts module, where you can manage your accounts, add new ones, send or receive WEB, and see your transactions record.

3Mining Webchain: Introduction

3.1) Download and Install the miner according to your OS (available for Windows, Linux and Android): https://github.com/webchain-network/webchain-miner/releases.

Webchain-miner is a high performance CPU miner for Webchain (WEB). Originally based on XMRig with changes that allow mining WEB.

Please be aware that Windows shows virus warnings for all mining software, this is a false positive and you should ignore it (or add it to exceptions and allow it to work).
3.2) Unpack it and open config.json (miner configuration file). In config.json, you need to add your wallet number including the suffix "0x":
> "user": "YOUR_WALLET"
3.3) We’re ready to start mining, follow one of these options to launch the miner:

3.3.1) Start the miner by running the command:

Linux > ./webchain-miner
Windows > webchain-miner.exe
3.3.2) Run the "webchain-miner.exe"

You’ll get information about the miner configurations and the pool you’re trying to mine.



3.4) To check stats follow these instructions:

Go to Webchain Pool (or any pool of your choice).
On the homepage, look for the "Your Stats & Payment History" searching bar, enter your wallet number (including the 0x prefix).
After the miner has sent the first accepted share, you will see realtime stats on the upper part of this page.

At the beginning, you will see coins as Immature Balance



This means that you have indeed mined some coins, but transactions are still waiting to be confirmed.

Pending Balance: once mining transactions have been confirmed, the coins already belong to the user. Those coins are going to be sent to your wallet according to the pool payment schedule if you have reached the respective threshold.

Total Paid after the pool payment schedule is run, this shows the balance of coins that have already been sent to your wallet.

Last Share Submitted how long ago your miner(s) submitted an accepted share to the pool.

Workers Online shows how many devices are mining to the same wallet.

Hashrate shows the total mining hashrate of all the devices associated to a same wallet.

Blocks Found shows how many blocks were found by your share.

Total payments shows how many scheduled payments have been completed.

Your round share shows how much you’re contributing to the block solution using your worker(s).

You can always check your coins balance visiting https://explorer.webchain.network.
Type your wallet number on the upper right corner and you will see how many coins you’ve earned.

4Pools

Official Pool:
a) Pool.webchain.network:3333, with 20000 difficulty
b) Pool.webchain.network:2222, with 5000 difficulty

Community Pools:
HashLuck (webcn.hashluck.net)
TypeMine (webchain.typemine.com)
GonsPool (web.gonspool.com)
ThetaPool (webchain.thetapool.com)
LOUDMining (webcn.loudmining.com)
Mining Pool House (webchain.miningpoolhouse.com)
Coorp.io: Webchain (coorp.io/pool/web)

There are other parameters that can be set up in config.json: number of threads, max-cpu-usage, etc.

5Transfers

You can send coins to others with Webchain GUI WALLET

1. Click on "SEND" button.
2. Enter the recipient’s Webchain account address including “0x” prefix or choose it from the Address Book.
3. Write the amount of WEB you want to transfer and click on "CREATE TRANSACTION".

Average time needed for one WEB transaction verification is 10 seconds.
Then you will need to enter your account password and click on "SIGN & SEND TRANSACTION". When the transaction is completed, you will see it on the history of transactions with the status "Success". Before that, the status will be "In Queue".