Gold Coin | Redefining The Future of Cryptocurrency
Cryptocurrency is an innovation in digital or virtual currency that is secured by cryptographic methods, this makes it almost impossible to forge or spend double, Cryptocurrency is basically a Decentralized Network system based on Blockchain Technology with a distributed ledger that is enforced by a different computer network . Cryptocurrencies are generally not issued by any central authority, eliminating the role of interference or manipulation by the government or other centralized entities. The form of network-based digital assets that is distributed to a large number of computers to the existing network creates a decentralized structure that provides a new system that is more transparent and efficient, One of the Innovative Cryptocurrencies is Gold Coin which provides Innovative Blockchain Ecosystem and giving Economic Freedom for everyone.
What is Gold Coin?
Goldcoin is a digital asset based on Blockchain Technology that creates a new Cryptocurrency that allows peer-to-peer transactions and ultimately ensures decentralization for each process. This network is built entirely using Blockchain technology and is managed by a dedicated team of volunteers who strongly believe in promoting economic freedom for everyone through Blockchain Technology. Gold coin applies the basic principles of financial freedom and focuses on usability features that make it more effective and innovative, one of which is the speed of transaction confirmation which only takes about two minutes and instant transaction confirmation, Goldcoin is fundamentally changing the way Cryptocurrency and the Economy things are getting better. Goldcoin offers an access to cryptocurrency tools that promote complete control of everyone's wealth without centralized interference. Gold Coin continues to be developed By learning from the mistakes of digital money in the past, thus creating a new and innovative robust financial system.
Gold Coin has various benefits compared to other Cryptocurrencies with a Block-Size of 32MB which creates a new Blockchain network with 1,120 Tps on-chain which is bigger than any major cryptocurrency today. Gold Coin also implements a Proof of Participation (PoP) system where a new energy-efficient mining algorithm that randomly distributes block prizes using the same lottery system is not weighted by the computation factor or the total coins held, giving the community a fairer system in the network. Their network also eliminates the possibility of 51% attacks as well as various other features that will be implemented in the future. For more details about some features above, you can see their official whitepaper here; https://github.com/goldcoin/wiki/wiki/GoldCoin-Whitepaper
Open Source
The Gold Coin Team ensures transparency for every development process on the coin. Source Code that can be seen publicly as well as participation from volunteers or the community creates a fully Community-Driven Cryptocurrency. In addition to ensuring the Decentralized Ecosystem, various updates are also continuously carried out to meet various needs as well as various bugs and security which are continuously improved every time. In case you are interested, You can see more details here; https://github.com/goldcoin/goldcoin
What is GLC?
GLC is a Gold Coin and this is a native Coin from a peer-to-peer network designed by their team, this Coin uses Blockchain technology and ensures a Decentralized system without centralized party interference. Their team ensures that their value is maintained with a low Inflation Rate and Block Rewards are reduced every time. In addition, the transaction confirmation process is very fast, only about 2 minutes with a Tps that is better than some of the current major cryptocurrencies (1120 Tps). GLC To be the best alternative to the new transaction tool for everyone.
Cryptocurrency Market Growth
The increasing use of digital payments introduces a new, more effective financial system.One alternative option is Cryptocurrency which continues to grow every year with various innovations with unique use cases, one of which is Gold Coin which presents a new Crypto financial system by becoming a solution to various problems. which is often faced today, In recent years Crypto has begun to be recognized as one of the new alternative financial options that is recognized by the world as one of the best alternatives and various institutions have started to integrate Blockchain Technology, Gold Coin provides better benefits such as greater TPS and time Faster confirmation, In the chart below the total crypto market is nearly $2 Trillion and will continue to grow every time, Gold Coin is one of the best Alternative available today.
Conclusion
Cryptocurrency introduces a new financial system for everyone with a more transparent and effective system, Bitcoin and several Major Cryptocurrencies are currently irrelevant with high fees and long confirmation of transactions. Gold Coin is the answer to it all with a faster confirmation time, cheaper with a larger Block Size, allowing more TPS in 1 Block. Apart from that low inflation ensures a maintained value, Gold Coin is one of the Altcoins I highly recommend to use!
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