Goldcoin: Another Chance For Investors Who Missed the Early Days of Bitcoin?
A new global digital currency named Goldcoin is aiming to provide an improved mainstream alternative to Bitcoin.
The team behind Goldcoin released an Android application, in November 2013 which is available at Google Play. The app allows users to send and receive GLD (Goldcoin) via any smartphone, with ease. The Goldcoin development team are expected to continue to innovate the sector, bringing their digital currency to a wider audience; which includes making it available in more exchange platforms.
Because of earlier concerns of a 51% attack that Bitcoin suffered, the Goldcoin developers decided to take action to eradicate such risks by coding their protocol to make such an attack ineffective. It makes it impossible for a majority group of computers to take control of the Goldcoin transaction network. Goldcoin has recently been attracting attention from many enthusiasts of digital internet currency with tens of thousands of Goldcoins being traded daily.
An online crypto currency blogger who goes by the name of Cryptonerd says,
"I am confident that Goldcoin will become very popular amongst alt currency enthusiasts, it has a great team building it and perhaps the best and most recognisable name in the market."
Official Goldcoin forum owner who goes by the pseudonym of MicroGuy (real name Greg Matthews) is confident that the name 'Goldcoin' is going to make this currency become very appealing to people in the future.
"The market will decide the position for top spot in the crypto currency rankings and we have a long way to go before we become as established as Bitcoin. It is clear that this sector is going to become ultra competitive. Some digital currencies will go on to achieve the same mainstream success as Bitcoin and people will be able to make transactions with more than just one digital currency. Our team developing the Goldcoin protocol is going to listen to the market and will deliver cutting edge features in response."
He goes on to say,
"I can see Goldcoin going mainstream because of its technology plus the name is an added bonus. Think about it, who doesn't like the sound of gold? Even the Chinese view gold (alongside red) as a sacred color, it represents health and wealth. It's logical to think that when the Chinese find out about Goldcoin, they'll invest in it just as they are with Litecoin and Bitcoin; as well as a handful of other alternative digital currencies. Goldcoin has got the potential to become the number 1 internet currency for a whole generation and beyond."
Goldcoin recently launched a paper wallet, for safe and hacker free storage of deposits. The paper wallet is currently in beta and available for testing to forum members.
The development team insist that Goldcoin is a very secure and technologically advanced scrypt based currency with faster transaction times than Litecoin and Bitcoin, something of an advantage for everyday use.
More Information can be found at http://gldcoin.com/ as well as the official forum http://gldtalk.com/
About Goldcoin
- Goldcoin was first created in Mid 2013.
- Last ever Goldcoin will be mined in 2113.
- Total of 123,423,900 Goldcoins can ever be mined.
- Faster confirmation times than Litecoin and Bitcoin.
- Can be purchased at digital currency exchanges Cryptsy.com and CoinEx.com.
- Price of 1 Goldcoin at the time of writing is $0.0097 with a market cap of $275,000
- Can be mined for profit with a computer equipped with a GPU.
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