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Author Topic: GoldCoin™ (GLC) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD]  (Read 302477 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (661 posts by 22 users deleted.)
MicroGuy
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October 24, 2013, 09:37:51 PM
Last edit: February 02, 2020, 09:02:08 PM by MicroGuy
 #1


    General Goldcoin [GLC] Information:    




This is the official GoldCoin information thread of Bitcointalk.



What is Goldcoin?

"GoldCoin is hard money. 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 xxx,xxx reward drops to 32 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 Premine: Zero (0)
Total Blocks: 1,010,358 (needs update)

Total Coins Produced: 72,245,700

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

  • No SegWit. We think Satoshi's protocol should remain contaminate free.
  • Committed to on-chain scaling. 2MB blocks in place.
  • 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."
  • 10X greater network capacity than Bitcoin and 5X faster!
  • Total number of coins to be mined 72,245,700.
  • Faster transactions than LTC and BTC - 2 minutes.
  • Faster difficulty adjustment time - each block.
  • Advanced Checkpointing with difficulty toggle (ACPD).
  • Coin generation rules modeled after physical gold.
  • Gradual reduction in block reward creating diminishing coin supply.
  • Block reward rules that finally cap supply after 100 years of mining.

  

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.
  
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 0.14.2 client below has just been released. It is highly recommended that all Goldcoin users download and install this mandatory software update.
 
 
  

  

  

  
 
 
  

  




              Official Websites:              

  
 
  

  




         Development Channels:          






         Social Media:          
  
 
 
 
 
 




         Block Explorers:          






  
      Mining Pools:    

GoldcoinPool.com (14.4)

CoinPool.ML

CryptoOffice (14.4)

P2Pool (14.4)

theCoin.PW (14.4)

iSpace (14.4)

ZergPool

  
 Mining Rentals:  





         Exchanges:          










         Research Tools & Indexes:          

  
 
World Coin Index    

Coin Market Cap

Coin Gecko

  

Brave New Coin    

Crypto Coin

Coin Warz

  

CoinCap    

Coin Finance

Cyber*Fund

  




         News and Events:          

Follow Us on Twitter for the Latest News!




         Bounty Listing:          






Follow MicroGuy on Twitter: https://twitter.com/realmicroguy
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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The Gold Standard of Digital Currency.


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October 25, 2013, 04:04:03 PM
 #2

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.
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October 30, 2013, 10:01:55 PM
Last edit: January 31, 2014, 10:36:57 PM by MicroGuy
 #3

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!  Smiley

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

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November 01, 2013, 05:25:15 PM
 #4

what happens with Goldcoin now? Huh

Switchercoin.com - auto-switching for the best coin!
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November 01, 2013, 05:37:11 PM
 #5

http://gld.cryptopool.info is down

Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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November 01, 2013, 07:31:13 PM
 #6

https://coinex.pw/mining/pools/GLD is running fine with 70 mhash
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November 01, 2013, 07:33:12 PM
 #7

Is http://gld.vircurpool.com/ good pool?

Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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November 01, 2013, 07:38:04 PM
 #8

Is vircurpool finding all blocks now or there is some error?

Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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November 01, 2013, 07:58:47 PM
 #9

Is vircurpool finding all blocks now or there is some error?

To be honest dont know what is happening. I am mining solo.
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November 01, 2013, 08:08:42 PM
 #10

I've taken down gld.vircurpool.com to look into a possible blockchain fork.
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November 02, 2013, 05:19:21 AM
 #11

tons of rejects mining with the new wallet.  easily 80% or more.  Is this the new 51% attack protection?
MicroGuy
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November 02, 2013, 05:38:18 AM
 #12

tons of rejects mining with the new wallet.  easily 80% or more.  Is this the new 51% attack protection?

Yes, part of this is related to the 51% attack defense. However there are still some questions that need to be answered regarding the pools and the blockchain.

The DevTeam is in the process of completing their investigation into this issue and will be making some recommendations in a few hours which will include confirmation of the official chain height and whether a maintenance patch will be needed/released.

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yes


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November 02, 2013, 08:00:40 AM
 #13

I love the name of this coin.

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      ▀▀███████████████▀▀
DeepOnion
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      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
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.
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November 02, 2013, 10:11:36 AM
 #14

Coinwarz shows 17,234.00 %  profit!
I am mining now on coinex.pw about 2 hours with 2 Mh/sec for test. (I have 16 Mh/sec.)
How quickly balance will be credited? I want to big profit today!

Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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November 02, 2013, 10:20:36 AM
 #15

Coinwarz shows 17,234.00 %  profit!
I am mining now on coinex.pw about 2 hours with 2 Mh/sec for test. (I have 16 Mh/sec.)
How quickly balance will be credited? I want to big profit today!


120 confirmations for goldcoin.

but be sure you read about the new goldcoin client.
the profitability is not right on coinwarz and coinchoose...
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November 02, 2013, 10:27:52 AM
 #16


but be sure you read about the new goldcoin client.
the profitability is not right on coinwarz and coinchoose...

Is 0.7.1.1 last?
What real profitability now?

Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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November 02, 2013, 03:27:37 PM
Last edit: November 02, 2013, 04:08:35 PM by MicroGuy
 #17

There was a slight problem in the defense where clients were being denied a switch to the better chain. This is currently being resolved and a maintenance patch will be released shortly.

Moderation note: There was an effort by a few "trolls" to spread FUD about Goldcoin in the official thread. We welcome all questions, suggestions, comments, and criticism. But at the same time the official thread needs to be a reliable informational resource. This thread will only be moderated in cases where a user makes a blatant attempt to propagate misinformation.

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November 02, 2013, 04:08:49 PM
 #18

So what will happened with solo mined GLDs?
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November 02, 2013, 04:45:26 PM
 #19

So what will happened with solo mined GLDs?

If you're on the official chain (as indicated by the block explorer) you should be good: http://gld.cryptocoinexplorer.com/chain/Goldcoin. Please stand by for additional information. Thank you for your patience.

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November 02, 2013, 05:21:57 PM
 #20

im solo mining since 12 hours with 8MH on version 0.7.1.1

found much blocks, but when i send a transaction, they dont reach the exchanger like cryptsy!

i am on the wrong chain? but when, why? ive downloaded client 12 hours ago!

My Blockcount is lower than from the explorer.

Work for Nothing?

- nyana
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