[ANN] GoldCoin (GLD) - The Gold Standard of Digital Currency | Important Update

[MicroGuy]

We are proud to announce the latest updated to GoldCoin.

The development team and staff have been working around the clock to make this the very best version to date.

We have addressed a number of issues related to the previous client. The syncing issues and Litecoin upgrade alert have been fixed. In addition, there have been improvements made in the areas of coin generation, block reward, and difficulty retarget time.

For a more in depth look at the changes and an explanation regarding those changes, please take a look at the official patch documentation here:

http://www.gldcoin.com/documents/GoldCoin_Patch_v1.2.pdf

There will be a hard-fork at block 45000 which is currently estimated to occur on August 1, 2013. All current users should update their clients at least 24 hours prior to the fork. It is recommended that you backup your current wallet before performing this upgrade.

To update your client please visit the official website and select the version of the client that matches your operating system:

http://www.gldcoin.com

Join the discussion at GLDTalk.org:

https://www.gldtalk.org/index.php?topic=221.0

..

... Stay tuned to this thread for an exciting Goldcoin giveaway announcement coming soon!

[1714925833]

1714925833

[Sting17]

We have worked extremely hard to bring you these important and exciting changes for GoldCoin. Enjoy folks.

Jump over to the official site www.gldcoin.com and the official forum www.gldtalk.org and join the conversation

[jackjack]

This update lowers the miner rewards

We are proud to announce the latest updated to GoldCoin.

The development team and staff have been working around the clock to make this the very best version to date.

We have addressed a number of issues related to the previous client. The syncing issues and Litecoin upgrade alert have been fixed. In addition, there have been improvements made in the areas of coin generation, block reward, and difficulty retarget time.

For a more in depth look at the changes and an explanation regarding those changes, please take a look at the official patch documentation here:

http://www.gldcoin.com/documents/GoldCoin_Patch_v1.2.pdf

There will be a hard-fork at block 45000 which is currently estimated to occur on August 1, 2013. All current users should update their clients at least 24 hours prior to the fork. It is recommended that you backup your current wallet before performing this upgrade.

To update your client please visit the official website and select the version of the client that matches your operating system:

http://www.gldcoin.com

Join the discussion at GLDTalk.org:

https://www.gldtalk.org/index.php?topic=221.0

From the PDF:

Before fork: 1 block = 2.5 minutes = 500 GLD
After fork: 1 block = 2 minutes = 45 GLD


This means
Before (early adopters): money supply = 200 GLD/minute
After (new adopters): money supply = 22.5 GLD/minute

[akumaburn]

Indeed. However, 3 months is more than enough time to allow everyone here a chance to get in on the early block rewards.

This will spell excellent news for everyone trust me.

Pleased to work almost non-stop and without much sleep to bring you guys this release at last.

Enjoy  

[AZIZ1977]

Indeed. However, 3 months is more than enough time to allow everyone here a chance to get in on the early block rewards.

This will spell excellent news for everyone trust me.

Pleased to work almost non-stop and without much sleep to bring you guys this release at last.

Enjoy  

Thanks very much for all your hard work.

[kimosan]

I've given you guys a bit of grief in the past but nice work on the client.

The block reward switch is going to be a tough sell. If you can get some good infrastructure behind this coin, who knows. Best of luck though.

[Sting17]

I've given you guys a bit of grief in the past but nice work on the client.

The block reward switch is going to be a tough sell. If you can get some good infrastructure behind this coin, who knows. Best of luck though.

Thanks for the kind words. We have worked damn hard to bring everyone these changes. We are aware the reduction in block reward isn't going to please everyone but we are committed to bring real world adoption to this coin.

Thanks again

[MicroGuy]

Stay tuned to this thread for an exciting Goldcoin giveaway announcement coming soon!

[Lauda]

Nice! Make me rich 

[kelsey]

Big problem is a few holders with large hands, previous rewards too high and the early adapters been mining the crap out of it. Mining rate per day by some individuals has been ridiculious.

How many individual holders with a million +  

[AZIZ1977]

Big problem is a few holders with large hands, previous rewards too high and the early adapters been mining the crap out of it. Mining rate per day by some individuals has been ridiculious.

How many individual holders with a million +  

There are lot of people mining Goldcoin. I have been informing people on cryptsy about the changes for over a week.

[Miki77]

Works great! Thank You!

[AZIZ1977]

Works great! Thank You!

Your welcome Miki77.

[akumaburn]

Works great! Thank You!

If you have any problems or issues with the client, please contact us.

[Lauda]

Big problem is a few holders with large hands, previous rewards too high and the early adapters been mining the crap out of it. Mining rate per day by some individuals has been ridiculious.

How many individual holders with a million +  

Well there are many holding those amonts.

[ASICSRUS]

GLD goldcoin~heading North all the way to the moon!  

http://www.youtube.com/watch?v=r1DwuuUri_A

[akumaburn]

Next up Mars 

[ASICSRUS]

Next up Mars  

GLD and all subbie cryptocoins = huge !~ monkeys to mars <<<trust me>>>  

[Sting17]

Why stop at Mars

[AZIZ1977]

Why stop at Mars

Hi Sting17, the logo looks great.