GoldCoin™ (GLC) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD] - page 85.

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

The new 51% attack defense code kicks in at block 100K which is set to occur in a few hours.

Use the thread below for discussing this historic event as you enjoy some organic popcorn!

https://www.gldtalk.org/index.php?topic=723.0

akumaburn

sr. member

Activity: 281

Merit: 250

The Gold Standard of Digital Currency.

A new thread makes sense I guess, so much nonsense in the old thread, it's going to be good to have a thread filled only with relevant information.

Ps: I'm not a great fan of self-moderated topics, but at least it will keep those trolls at bay or at least stop them from spamming our thread.

I'll be posting some more information here as time goes by.

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

General Goldcoin [GLC] Information:

This is the official GoldCoin information thread of Bitcointalk.

What is Goldcoin?

"GoldCoin is a super-secure value store and cash payment system for the new digital World."

Click the video below to learn more about this innovative digital currency:

Technical Specifications:

2.0 minute block targets

Block rewards in order:
Blocks 1 – 200 = 10,000 GLC
Blocks 201 – 2,200 = 1,000 GLC
Blocks 2,201 – 44,999 = 500 GLC
Block 45,000 reward drops to 45 GLC
Block 307,800 reward drops to 31 GLC
Block 372,000 reward drops to 4 GLC
Reward is then reduced each year using the following formula:
50 divided by (1.1 + 0.49*every year thereafter)

Total SB Treasury: 1,100,000,000
Total Blocks: 21,441,000

Total Coins Produced: 1,172,245,700

The default ports are 8121 (connect) and 8122 (json rpc)

What makes Goldcoin different?

Committed to on-chain scaling. 32MB blocks in place.
1,120 Tx/s versus BTC's 7 Tx/s.
Instant transactions via 0-Conf.
A great name meaning "value" to billions of people Worldwide.
Unique and innovative 51% attack defense system.
Newly developed difficulty algorithm "Golden River."
160X greater network capacity than Bitcoin and 5X faster!
Free transactions.
Total number of coins 1,172,245,700.
Faster confirmations than LTC and BTC - 2 minutes.
Faster difficulty adjustment time - each block.
Advanced Checkpointing with difficulty toggle (ACPD).
SegWit free. We think Satoshi's protocol should be contaminate free.

Mission Statement:
Our mission is to create a physical gold replacement by completing the vision of Satoshi and establishing the ultimate digital commodity. Our 51% attack defense and Golden River difficulty algorithm give us the strongest most robust blockchain in all of cryptocurrency.

While our competitors are focused on micro transactions and payments, our focus is on enhancing the value-storage side of the equation. We have built a practical physical gold replacement that can be used by everyone today as a digital commodity. Goldcoin truly is the gold standard of digital currency, a safe haven for value in a turbulent world.

Get Started:

To start using Goldcoin, you’ll need a wallet. A wallet is just like your online bank account, only your entire account is stored securely on your local computer or Android device.

From your wallet you can send and receive Goldcoin, manage your address book and review a history of your transactions.