[PRE-ANN] Global Denomination (GDN)

[GlobalDenomination]

Launch Date : TBA

This is the official announcement for Global Denomination, A  scrypt-based mining proof-of-work global crypto-currency. We are based on Litecoin but with several improvements that we wanted to implement such as faster transactions. We also wanted our crypto-currency to have a FAIR Launch with No-Pre-Mine due to the amount of scamcoins that are made now just to pump and dump.

We have a target block time of 1 minute, a starting block reward of 40 GDN, rewards mature after 5 Blocks, Rewards halve after 700k Blocks (Over 1 Year). A total of 56 million GDN to be mined.

We have invested a lot of time, money and resources in this project as we believe that a fair launch of a new crypto-currency is needed in the crypto-currency world for all the newcomers and for existing users of Litecoin and other altcoins who want to move on.

Bitcoin and Litecoin paved the way for crypto-currencies but they have encountered many teething problems such as claims of Pre-mining, Illegal Goods and the ban/s in China causing the value to drop dramatically each time effecting the global community.

We feel that a new crypto-currency is needed as people stop mining / using Bitcoin and Litecoin for the above reasons (Such as ourselves). To mine for a new crypto-currency with a fair launch and that has no bad press and is run for the good of the community not just profit.

Our dev team is entirely devoted to working towards the success of this crypto-currency, we will not be working on multiple currencies like some other developers. All of our efforts will be focused on the improvement and development of Global Denomination in the coming years.

Want to work with us? We are currently looking for talented individuals to join our team if you have something to offer please contact us and someone will get back to you as soon as possible.

There are 6 days until our launch at present, any developers who wish to create a service before the launch date for Global Denomination can contact us for more information prior to launch.

Official Homepage: globaldenomination.org
Official Forum: gdtalk.org
Twitter: https://twitter.com/GDenomination
Facebook: https://www.facebook.com/pages/Global-Denomination/299063516911971


More details will follow.....

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[cryptocointools]

Sounds promising. Looking forward to launch Sent you a PM.

[451307758]

i'm in .   is there more info?

[GlobalDenomination]

More info will be announced before launch day, If you cant wait feel free to join our forum and join in the pre-launch discussions

[124C41]

Make it X11 and this coin may indeed dominate.

[InCoinsWeTrust2]

New pool for GDN : http://gdn.incoinswetrust.com/

Proportionnal - 0% fees - Pre-register opened !

(DNS should propagate soon, if the website is not accessible in your area please try again later)

[SwitchMyCoins]

What's new ?

[lolcoind]

look nice !  i will in

[precrime3]

Make it X11 and this coin may indeed dominate.

Basically. I don't see a point for new coins to be script really.... I'll still mine it even if its script, as long as I can at least.

[GlobalDenomination]

What's new ?

This is a faster version of Litecoin with no pre-mine, it is also scheduled to create 56,000,000 so there will be less available than Litecoin. We have also announced the launch a week in advance to give all miners the chance to hear about Global Denomination and start off equal on launch day.
 

  

[GlobalDenomination]

Make it X11 and this coin may indeed dominate.

We have been looking into X11

[124C41]

That's great, I encourage you to adopt it.

Make it X11 and this coin may indeed dominate.

We have been looking into X11

[GlobalDenomination]

We have some developers creating some services that should be ready for launch day such as Dice Games, Calculators and Faucets

[GlobalDenomination]

Dont forget Join our Forum gdtalk.org for all the latest developments on the road to our launch

[GlobalDenomination]

We have been watching some other altcoin launches fail......

We want to assure everyone we already have everything in place to launch and the reason for the pre-launch announcement is for news of our currency to spread to ensure a fair start for all miners. Over the next week we will be investing time and money into promoting Global Denomination to gain maximum exposure prior to launch.

We also guarantee there will be no pre-mining involved and that our dev team is dedicated to working on just this one currency!

[GlobalDenomination]

3 days to go

[GlobalDenomination]

2 days to go

[bgmc]

 

[redwhite037]

Did you mean: "global domination"

[MisO69]

Make it X11 and this coin may indeed dominate.

We have been looking into X11

Checkout Groestl as well, its even more energy efficient. Same miner.

[ClutchThese]

10 hrs until launch!

[GlobalDenomination]

10 hrs until launch!

Sorry Launch is tomorrow the website countdown was incorrect

[GlobalDenomination]

Did you mean: "global domination"

No we do not but it would be nice if we achieved that

[tz]

*removed

[vindyne8]

So launch is 4/17 at 8pm EDT?

[DarkTrix]

Did you mean: "global domination"

hehehe would be awesome if they did achieve it though!

[yanglei504]

I'm interested,more info?

[supervine]

This coin can be monitored and send alert of price changes in android app Crypto Coins Manager, as like all other coins (when get at least one exchange). Use it for free.
https://play.google.com/store/apps/details?id=halfprice.coinmanager

[GlobalDenomination]

Sorry Guys.... We will not be launching tonight, we are looking into changing the code to avoid forking after launch and upsetting some miners.   

Currently we are running the same as Litecoin - Scrypt

Due to various comments from miners requesting X11, we would like to ask our future miners what they would prefer before launch ?

Please post your preferred algorithm and Launch date/time, in 24 hours we will review all posts and make a decision.

Exchange Update...
We are currently in talks with exchanges about our currency, we need to have good support from miners and a decent network hashrate upon launch to ensure our inclusion.

I believe we need more people involved than we have presently to achieve this on launch, if you can help get in touch....(Gdtalk.org)

Please help spread the word of Global Denomination, the currency will still be un-mined until launch time.

Sorry for the delay, we believe its in the best interest of the currency to ensure everyone involved is on the same page.

Thanks for your support

[vindyne8]

I prefer X11, it's perfect for this time of year as well (heading into the summer). As for launch time, no preference beyond please don't launch it at 4am, and please give advance notice. Thank you, btw. Watching this one now.

[idcweb]

updates X11

[tz]

+1 X11

[GlobalDenomination]

Thanks guys all noted

[tom14cat14]

I have not mined any x11 coins. Can I use Bmat and its cgminer to mine these coins? I will keep looking to find out. But I think I will help mine this coin right away.

[InCoinsWeTrust2]

http://gsn.incoinswetrust.com

Poll pre-registration opened, Proportionnal 0% fees

We hope this coin will come out soon

[hualehua]

Good stuff

[okaypool]

where is the wallet and pool?

[xwrhe]

X11 is better

[bvault]

X11

[GlobalDenomination]

where is the wallet and pool?

The launch has been postponed, we are giving miners a chance to vote on changing the algorithm of our currency before we launch

[GlobalDenomination]

There appears to be overwhelming support for X11 over the Litecoin Scrypt that our currency currently is setup as.  We want to give it some more time for more votes from potential miners before we decided on what algorithm we will pursue with our currency.

[GlobalDenomination]

Gdtalk.org

[GlobalDenomination]

Scrypt or X11??? the miners decide for GDN

[GlobalDenomination]

Poll on gdtalk.org to choose the algo for Global Denomination Scrypt or X11??? You Decide !!!

http://www.gdtalk.org/index.php?topic=10.new#new