[SCRYPT] [POW] [GOLDEN RIVER] Goldcoin GLD - The Gold Standard of Digital Currency !


Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#0

   

Technical Specifications:         
   

   
2.0 minute block targets

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

Total Premine: Zero (0)
Total Blocks: 26,325,000 (not final)

Total Coins Produced: 123,423,900

The default ports are 8121 (connect) and 8122 (fson rpc)
   
What makes Goldcoin different?

  • A great name meaning "value" to billions of people Worldwide.
  • Unique and innovative 51% attack defense system.
  • A genuinely unique coin not just another litecoin clone.
  • Newly developed difficulty algorithm "Golden River."
  • Total number of coins to be mined 123,423,900.
  • Faster transactions than LTC and BTC - 2 minutes.
  • Faster difficulty adjustment time - each block.
  • Coin generation rules modeled after physical gold.
  • Hash algorithm (scrypt) making it ASIC resistant.
  • Gradual reduction in block reward creating diminishing coin supply.
  • Block reward rules that finally cap supply after 100 years of mining.
   


Coin Generation:
Our generation rules condense the entire history of gold from the beginning to the end, when Earth's finite supply is finally exhausted into a scaled and practical 100-year model making them both limited finite resources.


               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.

Update: The Windows 0.7.2.0 client below has just been released. It is highly recommended that all Goldcoin users download and install this mandatory software update.

   

   
   

   

   

   

   
   

   


Goldcoin Sites 

 

   
   

                      




          Research Tools & Indexes:         

   

    World Coin Index           

Crypto Coin Rank

Coin Market Cap

Crypto Compare
   
Coin Gecko           

Brave New Coin

Crypto Coin

Coin Warz
   
Crypt Trader           

CoinCap

Coin Finance
   



          News Reports:         

         

 



MINING GOLDCOIN

   

         Mining Pools:     

H2C

inetraderP2Ppool

CryptCoins

HashFaster's

iSpace

Hashgoal.com
   
  Mining Rentals: 


  Mining Guides: 

   

     
Main Forum:
https://www.gldtalk.org/

Blockexplorer:
http://gld.cryptocoinexplorer.com/

Homepage:
http://www.gldcoin.com/

other
https://github.com/goldcoin/gldcoin / Github(Akumaburn)
http://coinwik.org/GoldCoin / GLD informations (Cryptosolar)

reddit
https://www.reddit.com/r/Goldcoin

RSS links:
https://vimeo.com/channels/geocachegoldcoin/videos/rss

bitcointalk links

https://bitcointalk.org/index.php?topic=317568.0 Topic: GoldCoin™ (GLD) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD]
https://bitcointalk.org/index.php?topic=1174649 Topic: [ANN][GET PAID TO WORK IN CRYPTO] Goldcoin's (GLD) 2015 Fall Worker Program

Other Sites and Forums:
https://www.cryptocompare.com/coins/gld/forum

https://vimeo.com/gld/groups


http://cryptomoms.com/forum/introduce-yourself/25/hello-cryptomoms/1080/ Hello CryptoMoms (Read 84 times) / post about Payroll / 27.09
http://cryptomoms.com/forum/freelancers/12/10-dollar-weekly-payroll-in-bitcoin/1081/ Topic: 10 $ weekly Payroll in Bitcoin (Read 66 times) / 27.09
https://cryptoboard.org/showthread.php?tid=1300
https://cryptocointalk.com/topic/161-goldcoin-gld-information/page-2?&p=194446 workforce
https://allcryptotalk.com/index.php/topic/367-goldcoin-gld/page-2 geocaching / created some noise on the shoutbox

 


Social Media:         
   

   
   
   
   

 

Basic Info

 
  • Launched: May 14, 2013
  • By: Unknown
  • Type: POW Scrypt - Golden River - since block 253000 - 1 Block per Difficulty adjustment
  • Supply: 123,423,900 coins
  • Speed: 2.5 minute block targets up till block 44999, 2 minute block targets thereafter
  • Retarget: 504 blocks per difficulty retarget up to block 44999; 60 blocks per difficulty retarget thereafter
  • Reward: GLD. Starting Block 45,000 rewards drops to 45 GLD
  • Reduction: 50 divided by (1.1 + 0.49*every year thereafter)
  • Premined: 0
  • Fees: 0.1
  • Website: http://gldcoin.com/
  • Source: https://github.com/goldcoin/gldcoin

Summary

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.

Gold Coin (GLD) is a Scrypt based P2p digital currency which means you can most likely use the video card in your computer to mine them, Goldcoin is a litecoin clone with 123,423,900 Total GLD and 26,325,000 Total Blocks(not final). Currently, mining Goldcoin with a traditional computer and GPU is not profitable, you need called "Scrypt-ASIC" this is special hardware,which is developed for this Algorithm.

With large vibrant support through the "Workforce" a special Team (10 people is the current goal) which is paid through a Payroll in BTC, weekly 10$. The Goldcoin Community and an extremely devoted development team, GoldCoin is the Gold Standard of Digital Currency.

Coin Generation: Our generation rules condense the entire history of gold from the beginning to the end when Earth's finite supply is finally exhausted into a scaled and practical 100-year model making them both limited finite resources.

  • The default ports are 8121 (connect) and 8122 (fson rpc)
  • A great name meaning "value" to billions of people Worldwide.
  • Total Blocks: Block Reward ends in year 2113, transaction fees still apply.
  • Now compatible with android devices! Our client is compatible with mobile devices that run the android operating system. Now you can take your Goldcoins on the road!
  • GoldCoin is faster than both BTC and LTC in terms of confirmation times and features an innovative 51% attack defense system.
  • Unique and innovative 51% attack defense system.
  • Newly developed difficulty algorithm "Golden River." Faster difficulty adjustment time for each block. - more information will follow...
  • Coin generation rules modeled after physical gold.
  • Gradual reduction in block reward creating diminishing coin supply.

Golden River

Golden River apart from KGW, KGW, DS, etc.


DGW/KGW and their variants use something akin to a weighted moving average to determine the difficulty.. Whereas Golden River uses median and average times in accordance with various pre-defined clauses in step cases to provide near-best case movement without a pre-determined curve.

The result is that while KGW and their variants are prettier to look at in their implementation, Golden River vastly outperforms them in cases where the difficulty needs to drop quickly. With Golden River the network difficulty can fall ~42% in a single block and still be accurate, in terms of the targeted block times, to the network hash rate. KGW and their variants perform something similar in function(they take much longer).. but they are vulnerable to certain types of attacks(namely time warp attacks). Furthermore those algorithms typically over-adjust upwards leading to network slow down, whereas Golden River is on the spot with these changes..

The calculation with Golden River uses the median of the last 60 blocks and the average of the last 120 blocks for its final value. It is extremely robust as a method, and in fringe cases where the network is under attack KGW may slow down for ~20 blocks, but Golden River will only slow down for a 1-3 blocks, before returning to normal block time value calculation. The type of attack GoldCoin was facing earlier(90% hash-power difficulty increasing attack) would be solved in a day with KGW at work.. with Golden River, It'd be solved in a few hours at most. With KGW at work, the network block solving times would be consistently 1000% or more above target while the attack was going on.. with Golden River the block times would be on the mark for more than 80% of the time while the attack was going on with only occasional slow downs that compare to normal KGW at work..

Furthermore what is outstanding about Golden River is that the difficulty can still rise as fast as it used to with the previous algorithm.. There is no tangible benefit for anyone to flip their hash power on and off with GoldCoin because of our 51% defense.. but the latest attack was not profit motivated.. Rather the miners sought to cause us trouble whenever they could at their own expense. Initially our 51% defense warded off the multi-pools.. but these particular miners seem to be here to effectively DDOS the network difficulty algorithm.. but Golden River will stop them in their tracks. No other coin can claim to have 90% of their hash power flipped on and off like this and still survive.. and after Golden River.. even such a drastic change which even the "best" alt-coins out there cannot handle.. will be an easy task for GoldCoin.

We are truly building the Gold Standard of Crypto-currency here, we may take our time, but we build the best. I hope this answers your viewer's question.

A simpler explanation would be:

Golden River is faster to adapt, and more secure than KGW and their variants, and along with the 51% defense enables us to be a true POW coin thus sticking to Satoshi's original vision.

On the Goldcoin Block explorer you can see that the difficulty is adjusting for each Block:

Workforce

Current Members of Goldcoin's Paid Worker's Program

Public payment record >> https://coinsplit.io/scheme/381/

Position #1

Position #4

  • Username: Blawpaw
  • Position: Communication Director
  • Job Duties: Manage mailing list, writing newsletters, press releases, community-wide communications.
  • Weekly Report: https://www.gldtalk.org/index.php?topic=3297.0
  • Wage: $10/weekly

Position #5

Position #6

  • Username: MicroGuy
  • Position: Goldcoin Distribution
  • Job Duties: Give away 1 million Goldcoins in hidden Geocaches across Southern US. Document adventures on YouTube.
  • Weekly Report: https://www.gldtalk.org/index.php?topic=3286.0
  • Wage: $1/yearly

Position #7

  • Username: BBee
  • Position: Staff Writer
  • Job Duties: Write weekly articles about Goldcoin, Bitcoin, and cryptocurrencies for community publishing arm Altcoinpress.com
  • Weekly Report: (link)
  • Wage: $10/weekly

 

Goldcoin Geocaching

The 1 Million Goldcoin Geocaching Project, Adventures with MicroGuy !

- Goldcoin Geocaching treasures will follow soon with more Videos.

Youtube channel: https://www.youtube.com/user/realmicroguy

stay tuned for the next video with the Vimeo GLD Geocaching RSS

News & Press

Websites

Bounty List for Website Translation: https://www.gldtalk.org/index.php?topic=3204.msg14154#msg14154

Wallets


0.7.2.0 (July 23, 2015)

Exchanges


Charts and Trading


Explorers


BlockExplorer:

Pools



Pools:

P2P:

Multipool:

Forums


Social


 



Posted: 10/13/2015 9:26:39 PM Edited: 10/21/2015 10:18:46 AM
Rusher
Gender: Unknown
Country: Unknown
Threads: 34, Posts: 112
#1

E9SMAe5NG9mdLmZHNfa9RzEpT1uuNnGi1G  << Thanks nice info, welcome to cryptopia.



Posted: 10/13/2015 9:29:21 PM
Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#2

Next 10 People here who post a Goldcoin address will receive 42 Goldcoins !!!

Vote for Gold !!!



Posted: 10/13/2015 9:41:07 PM
Criss
Gender: Unknown
Country: Unknown
Threads: 7, Posts: 39
#3

E1P38WvMzDzE1EcHYwLmvdgDqmriJGBsJo

has my vote daily kiss



Posted: 10/13/2015 9:49:39 PM
Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#4

E1P38WvMzDzE1EcHYwLmvdgDqmriJGBsJo

has my vote daily kiss

Criss: 10/13/2015 9:49:39 PM

 THX U !!!

42 Goldcoins on the Way to you :-)



Posted: 10/13/2015 9:54:29 PM
satrapero
Gender: Unknown
Country: Unknown
Threads: 0, Posts: 23
#5

EGrz1cNSBb3Yezz63gWvpUktbYWZq2g71n

 

my new wallet

 



Posted: 10/13/2015 9:56:51 PM
sepi
Gender: Unknown
Country: Unknown
Threads: 0, Posts: 8
#6

EB3jiTKHwUfJmKEo8BJ4Wad5h5dvxnDC4K

 

Voted smile



Posted: 10/13/2015 9:58:45 PM
Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#7

E9SMAe5NG9mdLmZHNfa9RzEpT1uuNnGi1G  << Thanks nice info, welcome to cryptopia.

Rusher: 10/13/2015 9:29:21 PM

 42 Goldcoins are on the way to you :-)



Posted: 10/13/2015 10:01:05 PM
Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#8

EGrz1cNSBb3Yezz63gWvpUktbYWZq2g71n

 

my new wallet

 

satrapero: 10/13/2015 9:56:51 PM


42 Goldcoins on the Way to you :-)

 



Posted: 10/13/2015 10:02:51 PM
Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#9

EB3jiTKHwUfJmKEo8BJ4Wad5h5dvxnDC4K

 

Voted smile

sepi: 10/13/2015 9:58:45 PM

 THX U !!

42 Goldcoins on the Way to you :-)



Posted: 10/13/2015 10:04:03 PM
Rusher
Gender: Unknown
Country: Unknown
Threads: 34, Posts: 112
#10

i can spread goldcoin rules to spanish audience, also make spanish forum threat, just for 1003 coins



Posted: 10/13/2015 10:07:46 PM
Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#11

Still 6 x 42 Goldcoins to get here !!!



Posted: 10/13/2015 10:08:34 PM
Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#12

i can spread goldcoin rules to spanish audience, also make spanish forum threat, just for 1003 coins

Rusher: 10/13/2015 10:07:46 PM

 1003 Goldcoins ? thread on Bitcointalk ? please tell me more details :-) I am very interested


can you translate the homepage into Spanish ?

http://www.gldcoin.com/



Posted: 10/13/2015 10:11:26 PM
pazsion
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 19
#13

please send me some goldcoin!

 

EEDH9bC3Ji7bBGrFEhAoQi9rRDmtwm9UZy



Posted: 10/13/2015 10:33:32 PM
Cryptosolar
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 99
#14

please send me some goldcoin!

 

EEDH9bC3Ji7bBGrFEhAoQi9rRDmtwm9UZy

pazsion: 10/13/2015 10:33:32 PM

 42 Goldcoins on the way to you :-)

Goldcoin the Gold Standard of Digital Currencies !

 



Posted: 10/13/2015 10:35:37 PM
snake77
Gender: Unknown
Country: Unknown
Threads: 0, Posts: 3
#15

EEDH9bC3Ji7bBGrFEhAoQi9rRDmtwm9UZy

 

 

vote por GLD COIN smilewink

 



Posted: 10/14/2015 12:43:08 AM
SasuBelmont
Gender: Unknown
Country: Unknown
Threads: 3, Posts: 10
#16

i can spread goldcoin rules to spanish audience, also make spanish forum threat, just for 1003 coins

Rusher: 10/13/2015 10:07:46 PM

 1003 Goldcoins ? thread on Bitcointalk ? please tell me more details :-) I am very interested


can you translate the homepage into Spanish ?

http://www.gldcoin.com/

Cryptosolar: 10/13/2015 10:11:26 PM

 I'll do it pal, just inbox me. 

This is my address E8yCL42VS84KJMLbi3PhQVsanxjpZYMVUy



Posted: 10/14/2015 1:02:03 AM
microguy
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 11
#17

I heard there were nice people here voting for Goldcoin!  (smile)

So to show my appreciation I'm going to scroll down the list now and send all you folks some FREE Goldcoins!! cool

--

Thank you so much everyone!



Posted: 10/14/2015 3:21:33 AM Edited: 10/14/2015 3:27:04 AM
WolfLee84
Gender: Unknown
Country: Unknown
Threads: 0, Posts: 1
#18

   A new forum/exchange, 0 post looks good & have added the free vote. Cryptopia has been around for a while now, so if they add GoldCoin, doesn't also add it to the mineshaft? That would be good to have another pool & exchange, even the marketplace & other extras would be worth testing. Anyway, here's my GLD addy:   E8Gvgpc3j6SXo2EW6sLbjutDrD8f4jcppq



Posted: 10/14/2015 3:25:03 AM
microguy
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 11
#19

   A new forum/exchange, 0 post looks good & have added the free vote. Cryptopia has been around for a while now, so if they add GoldCoin, doesn't also add it to the mineshaft? That would be good to have another pool & exchange, even the marketplace & other extras would be worth testing. Anyway, here's my GLD addy:   E8Gvgpc3j6SXo2EW6sLbjutDrD8f4jcppq

WolfLee84: 10/14/2015 3:25:03 AM

 

Thanks for your support! Goldcoin (GLD) is one of the oldest Altcoins in existence and we have the very best development.



Posted: 10/14/2015 3:28:52 AM
RoHied
Gender: Unknown
Country: Unknown
Threads: 0, Posts: 1
#20

Already VOTE in 28 good luck 

DwTSf1V3peagbXYbwT8pRm1sHU1BgsqX9c



Posted: 10/14/2015 3:46:27 AM
microguy
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 11
#21

Already VOTE in 28 good luck 

DwTSf1V3peagbXYbwT8pRm1sHU1BgsqX9c

RoHied: 10/14/2015 3:46:27 AM

 

Thank you so very much! Let's make Goldcoin (GLD) great again! smile



Posted: 10/14/2015 4:00:41 AM Edited: 10/14/2015 4:08:28 AM
jesisteam
Gender: Unknown
Country: Unknown
Threads: 0, Posts: 1
#22

Hi new Crypto i was vote my lucky number is 31

this my Addy E9xj6ir8WY15LHsxPR7s8atbVDbrqfLSoi

Thanks n happy tradding to me..hehe laughing



Posted: 10/14/2015 4:41:50 AM
dili_wiguna
Gender: Unknown
Country: Unknown
Threads: 0, Posts: 1
#23

welcome $GLD i support for Go To The MOON

E5eCBd25XN3piW1dS4cLqEbDiCpGWe1yVm



Posted: 10/14/2015 5:11:18 AM
ahmad
Gender: Unknown
Country: Unknown
Threads: 0, Posts: 1
#24

hello guys i give my vote please give me some #GLD

Dyv9RXTceohXbBFvGKYPz7BtjKSLMqC9hs



Posted: 10/14/2015 5:30:38 AM