[ANN][EFL] Electronic Gulden

Updated: nov 2023

Electronic Gulden (EFL) - Cryptomoney by the Dutch, for the Netherlands

www.e-gulden.org

@eguldenfoundati

Please understand that this is a country-coin and that our language is Dutch
Input from abroad is always welcome though

Contribute on gitlab with development or proposals of new e-Gulden technology!
https://gitlab.com/electronic-gulden-foundation

This announcement is maintained as a separate open source project
https://gitlab.com/electronic-gulden-foundation/bitcointalk-forum-e-gulden-aankondiging

Donation adresses:
EFL: Lg41nfee6KMKYGZxp9daonfcNsgt7VWfjC
BTC: 19c6guDS1fjJygVcee42snXss7M6DC97Ye

CORE
+ e-Gulden is a full Litecoin fork, operational since 19-march-2014.
+ "proof of work" (POW) and the "scrypt" difficulty algorithm are maintained.
+ Kimoto Gravity Well difficulty adjustment at each block
+ Oeruschield enhancement to protect against 51% attacks

Oerushield is developed by the Electronic Gulden Foundation. It implies:

+ Safety of e-Gulden is equivalent to the safety of Bitcoin: Anonymous mining is restricted to five consequent blocks, whereas Bitcoin depends on loyalty of an anonymous majority.
+ Energy consumption of the e-Gulden network is neglectable
+ Network stability is enhanced by reducing block time variance (deviation from 2 minute average)
+ Miner loyalty is stimulated to guarantee network continuation while inflation rates are extremely low

MANUALS (dutch)

Corewallet: http://egulden.org/downloads/Handleiding_Wallet_1103_Windows_792014.pdf
Wiki: https://wiki.egulden.org/

GULDEN CLARIFICATION
Because originally two cryptocurrencies existed that had a similar name we feel compelled to clarify this:

Initiation: First interview of representatives of both e-Gulden (EFL) and Guldencoin (NLG) by Paul Buitink: https://www.youtube.com/watch?v=0hJYvUo8ghQ
Guldencoin (NLG) appeared in April 2014, three weeks after Electronic Gulden (EFL). In october 2015 Guldencoin was abbreviated to Gulden.
Later Gulden was renamed to Munt and 6 sept 2023 the blockchain stopped functioning alltogether.

Practices:
e-Gulden (EFL) is founded anonymously. It's resources are donated to the Dutch community. Early adopters established the EFL Foundation in july 2014 to guide further development and promotion in the Netherlands.
Its main focus is to establish a local user base and the main language is Dutch.

Gulden (NLG) was a private initiative. NLG actively marketed abroad. The name Guldencoin was abbreviated to Gulden on october 2015, which masked the existance of e-Gulden on international markets. More active obfuscation by the NLG-team occured, among which:
- Destiny of NLG premine changed from "dutch citizens" (see e.g. cryptocurrencytalk) to "marketing and development".
  Destiny of EFL premine remained "dutch citizens" and is extensively reported
- Instead of NLG original reward halving interval: 840.000 blocks NLG blockreward dropped from 1000 to 100 at block 250001. This way short term inflation is decreased severely favouring early adopters.
  EFL monetary base is maintained and considered "sacred"
- Instead of NLG original 4-year blockreward halving and inflation decrease, inflation is fixed at 100 coins per block. This way long term inflation is increased, severely disfavouring longterm savers.
  EFL longterm inflation is absent.
- NLG obfuscation in the first degree, removal of the Bitcoin MIT licence copyright Notice https://github.com/Gulden/gulden-official/commit/f174ea0ac9a4d1d23fd7923b640ec4a34ec0b4f2#diff-56e09d0b37e4f3c29b6654d0311feadc

monitary base
- EFL total supply is 20,997,582 Milion (september 2023) and will eventually reach 21 Milion (year 2021): overview
- NLG total supply was 480 Milion (december 2018) and would have eventually reached 1680 Milion coins. (year 2074); Eventually the blockchain stalled at 3 september 2023.

Goal (as defined by the EFL foundation)

With the release of our Christiaan Huygens wallet and the addition of the oerushield the Electronic Gulden has reached a major milestone.
To achieve a solid adoption of EFL we urge the Dutch community to step up. Improving the liquidity of the market is the best course of action. The foundation will continuously reach out to the Dutch people and actively promote the availability of EFL. We point people to -and promote the use of- exchanges where EFL is traded on a daily basis. Currently e-Gulden/EFL best serves as a store of value. Each deposit of a few euros (or even eurocents), has the potential to transform into substantial wealth for all participants if adoption becomes mainstream.

The purpose to maintain a local cryptocurrency and to establisch a local payment network is to contribute to a global cryptocurrency ecosystem. Instead of competing with Bitcoin EFL is intended to extend Bitcoin. The capacity of bitcoin, if it has to serve the actual amount of worldwide payments, is at least a factor 10.000 too small. Bitcoin remains the fundament of technology and trust, whereas local initiatives also help to decentralise.

Opinion

Expressed as a reaction to the EBA report on "virtual currencies": http://egulden.org/downloads/A%20response%20to%20the%20already%20notorious%20EBA%20report%20final.pdf

Speciƒications

Premine: 50% (Justification (dutch))
Proof-of-Work: Scrypt
Total coins: 21.000.000
Blok reward: 0.00610351 (2023)
Blok reward halving: each 210000 blocks
Difficulty adjustment: Kimoto Gravity Well
51% attack prevention: oerushield
Market tikker brev.: EFL
Ascii symbol : ƒ
sample coin.conf :

Quote

#sample coin.conf
rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
rpcport=21015
addnode=dnsseed1.egulden.org
addnode=dnsseed2.egulden.org
addnode=dnsseed3.egulden.org
addnode=dnsseed4.egulden.org
port=11015
gen=0
server=1

Premine addresses

Cold storage 1: LTxR9Afar4rwEqoe7X9ekTv8v5dnGDNCmU
Cold storage 2: LXVbsA7Yx8NUTjbFT47FZcDX8tcE7i4kEF
Cold storage 3: LUvVneuEosy3A68iZ6cbpTJavtxofjQFin
Cold storage 4: Li3G5d6fzm1yVTZFEQgMyDrxiL1jndH1p1
Cold storage 5: LUtyK93QgvsdXNYXYKwNN1nCvuv6EuVufp
Cold storage 6: LQPMW5ShBd7G2HAqB14V6gZQu5jnrgoV1b
Cold storage 7: LeYHLuMPjY6AhbUmeTgZhR1KnCYobiXEXr
Cold storage 8: LWMGFQqRdxcbDbJn5TTFNQBQx8ENUJZ9j3 Redeemed
Cold storage 9: LWansW5MHG8AyafPESvBWP5b8KApP2hdZ3 Redeemed
Cold storage 10: LYjSivPiwpAd1QsSXG2GjZs5ot88D24UrR Redeemed

Hot wallet : (This address changes after each transaction; look at https://e-gulden.org/index.php/premine for realtime info)

Wallets

corewallet, incl. source code: https://github.com/Electronic-Gulden-Foundation/egulden/releases
Hosted Wallet (dutch): https://wallet.efl.nl
Paper wallet: http://walletgenerator.net/?currency=egulden

Mining pools
We are always looking for extra pools!
http://pool.amazingsystems.nl/
http://pool.efiliaal.nl/
Rental: Looking for some extra hash? Check out Mining Rig Rentals

Markets
https://freiexchange.com/market/EFL/BTC (EFL-BTC, EFL-LTC)

Other services
Blockexplorer: http://chainz.cryptoid.info/efl/
Blockexplorer: https://explorer.e-gulden.org

Contact, Media and support
Email: support@e-gulden.org
Website: https://e-gulden.org/
Facebook: https://www.facebook.com/EFLFoundation/
Twitter: https://twitter.com/eguldenfoundati
Forum: https://forum.e-gulden.org
Newsletter: https://e-gulden.org/index.php/nieuwsbrieven
Telegram: https://t.me/joinchat/K5PBq1fK2nPX61j3MWuIAQ
Discord: https://discordapp.com/invite/WPFjR8B
Reddit: https://www.reddit.com/r/eflfoundation
WIKI: https://wiki.egulden.org/