GLD – GoldCoin

goldcoin_scryptGoldCoin [GLD] is a scrypt PoW altcoin with a great name meaning “value” to billions of people Worldwide. It was launched in May 2013. Announced as an improved version of Litecoin currently using scrypt as a proof of work scheme.

Goldcoin website: http://gldcoin.com

Goldcoin generation rules condense the entire history of gold from the beginning to the end when Earth’s finite supply is finally exhausted into a condensed and practical 100-year model making them both limited finite resources.

Goldcoin technical specifications:

  • scrypt PoW
  • 2.5 minute block targets up till block 44999
  • 2 minute block targets thereafter
  • 504 blocks per difficulty retarget up to block 44999
  • 60 blocks per difficulty retarget thereafter
  • total number of GLD coins: 123,423,900

Goldcoin block rewards:

  • Blocks 1 – 200 = 10,000 GLD
  • Blocks 201 – 2,000 = 1,000 GLD
  • Blocks 2,001 – 44,999 = 500 GLD
  • Starting Block 45,000 rewards drops to 45 GLD
  • Reward is then reduced each year using the following formula: 50 divided by (1.1 + 0.49*every year thereafter)

Goldcoin mining pools:

http://gld.dencoinpools.com
http://gld.minepool.net
https://coinex.pw
http://coinpool.de/gld (new)
http://www.cryptodig.com (new)
http://gld.hashfaster.com
http://gld.cryptpool.net
http://gld.cryptcoins.net
http://www.cloudmines.net
http://gld.cryptoplanet.net

Goldcoin promotional video on YouTube: http://www.youtube.com/watch?v=0ul5JtYVXpg

Goldcoin github source code: https://github.com/goldcoin/gldcoin

GoldCoin (GLD) now trades on both Cryptsy and CoinEx in both LTC and BTC markets.

Goldcoin block explorer: http://gld.cryptocoinexplorer.com/

Comments

5 responses to “GLD – GoldCoin”

  1. Ok guys, We have completed enough of the website to go live. We will continue making updates.
    GoldCoin-gld.com
    http://www.goldcoin-gld.com/

    Goldcoin (GLD)
    Peer-to-Peer Decentralize Digital Currency
    http://gldcoin.com
    http://www.goldcoin-gld.com
    https://www.gldtalk.org

    1. cryptosolar

      Hi,
      can you please update information about goldcoin ?

  2. Hi,

    Could you please list my mining pool:-

    https://gld.thecoin.pw

    Thanks
    Glen

  3. Cryptosolar

    Basic Info

    Launched: May 14, 2013
    By: Unknown
    Type: POW Scrypt – Golden River – since block 253000 – 1 Block per Difficulty adjustment
    Supply: 123,423,900 coins
    Speed: 2.5 minute block targets up till block 44999, 2 minute block targets thereafter
    Retarget: 504 blocks per difficulty retarget up to block 44999; 60 blocks per difficulty retarget thereafter
    Reward: GLD. Starting Block 45,000 rewards drops to 45 GLD
    Reduction: 50 divided by (1.1 + 0.49*every year thereafter)
    Premined: 0
    Fees: 0.1
    Website: http://gldcoin.com/
    Source: https://github.com/goldcoin/goldcoin-2
    [edit] Summary

    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.
    Gold Coin (GLD) is a Scrypt based P2p digital currency which means you can most likely use the video card in your computer to mine them, Goldcoin is a litecoin clone with 123,423,900 Total GLD and 26,325,000 Total Blocks(not final). Currently, mining Goldcoin with a traditional computer and GPU is not profitable, you need called “Scrypt-ASIC” this is special hardware,which is developed for this Algorithm.
    With large vibrant support through the “Workforce” a special Team (10 people is the current goal) which is paid through a Payroll in BTC, weekly 10$. The Goldcoin Community and an extremely devoted development team, GoldCoin is the Gold Standard of Digital Currency.
    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.
    The default ports are 8121 (connect) and 8122 (fson rpc)
    A great name meaning “value” to billions of people Worldwide.
    Total Blocks: Block Reward ends in year 2113, transaction fees still apply.
    Now compatible with android devices! Our client is compatible with mobile devices that run the android operating system. Now you can take your Goldcoins on the road!
    GoldCoin is faster than both BTC and LTC in terms of confirmation times and features an innovative 51% attack defense system.
    Unique and innovative 51% attack defense system.
    Newly developed difficulty algorithm “Golden River.” Faster difficulty adjustment time for each block. – more information will follow…
    Coin generation rules modeled after physical gold.
    Gradual reduction in block reward creating diminishing coin supply.
    [edit] Golden River

    Golden River apart from KGW, KGW, DS, etc.

    DGW/KGW and their variants use something akin to a weighted moving average to determine the difficulty. Whereas Golden River uses median and average times in accordance with various pre-defined clauses in step cases to provide near-best case movement without a pre-determined curve.
    The result is that while KGW and their variants are prettier to look at in their implementation, Golden River vastly outperforms them in cases where the difficulty needs to drop quickly. With Golden River the network difficulty can fall ~42% in a single block and still be accurate, in terms of the targeted block times, to the network hash rate. KGW and their variants perform something similar in function(they take much longer).. but they are vulnerable to certain types of attacks(namely time warp attacks). Furthermore those algorithms typically over-adjust upwards leading to network slow down, whereas Golden River is on the spot with these changes.
    The calculation with Golden River uses the median of the last 60 blocks and the average of the last 120 blocks for its final value. It is extremely robust as a method, and in fringe cases where the network is under attack KGW may slow down for ~20 blocks, but Golden River will only slow down for a 1-3 blocks, before returning to normal block time value calculation. The type of attack GoldCoin was facing earlier(90% hash-power difficulty increasing attack) would be solved in a day with KGW at work.. with Golden River, It’d be solved in a few hours at most. With KGW at work, the network block solving times would be consistently 1000% or more above target while the attack was going on.. with Golden River the block times would be on the mark for more than 80% of the time while the attack was going on with only occasional slow downs that compare to normal KGW at work..
    Furthermore what is outstanding about Golden River is that the difficulty can still rise as fast as it used to with the previous algorithm.. There is no tangible benefit for anyone to flip their hash power on and off with GoldCoin because of our 51% defense.. but the latest attack was not profit motivated.. Rather the miners sought to cause us trouble whenever they could at their own expense. Initially our 51% defense warded off the multi-pools.. but these particular miners seem to be here to effectively DDOS the network difficulty algorithm.. but Golden River will stop them in their tracks. No other coin can claim to have 90% of their hash power flipped on and off like this and still survive.. and after Golden River.. even such a drastic change which even the “best” alt-coins out there cannot handle.. will be an easy task for GoldCoin.
    We are truly building the Gold Standard of Crypto-currency here, we may take our time, but we build the best. I hope this answers your viewer’s question.
    A simpler explanation would be:
    Golden River is faster to adapt, and more secure than KGW and their variants, and along with the 51% defense enables us to be a true POW coin thus sticking to Satoshi’s original vision.
    On the Goldcoin Block explorer you can see that the difficulty is adjusting for each Block:
    Block explorer: http://gld.cryptocoinexplorer.com/
    [edit] Open Workforce

    Introducing the GoldCoin (GLD) Open Workforce Project™

    Overview:
    One of the main problems facing digital currency is the lack of incentive for community members to remain involved. To solve this problem and to attract and reward those individuals that would like to contribute, I have created the GoldCoin Open Workforce Project.
    This project will help GoldCoin in a number of ways by bringing utility to GLD, increasing trade volume, attracting new talent, growing the community, and adding another unique characteristic to our already very special brand. It also allows those without the resources to acquire costly rigs, to mine Goldcoin like people have mined precious metals for decades – by providing labor with their very own hands.
    Salary/Payments:
    Each worker is guaranteed to earn a minimum of $40.00/month. The appointed paymaster (currently me) will be responsible for checking worker outpost threads each Friday, verifying POW, and submitting worker payments in GoldCoin.
    Proof of Work:
    To be eligible for Friday payday, you must simply provide POW in your outpost thread for that week. We require a minimum of 2 outpost updates to be eligible for that week’s payment. You are mining gold the old fashioned way, with your hands. Provide a fair week’s work and receive a fair week’s pay.
    Slack Team:
    All active workers will be invited to Slack and provided with full access to the team and its channels.The slack team is for active workers only. An active worker is someone that has been eligible for payroll at least one week during the previous 30 days.
    https://goldworkers.slack.com
    Open Skype:
    Goldcoin is an real Community Coin and if you want to be part of the actual process then you can speak to the Goldcoin Community via Skype. In order to make Community agreements over Goldcoin related Content and forthcoming goals and decisions.
    Available Positions:
    A list of filled and open positions will be under this Post. This is where community members can monitor openings and the names of active workers. If a worker goes ‘radio silent’ for more than 30 days, he will be defined as inactive and his position will become open and available. The Workers thread will be moved to the retired workers. If a worker wants to be active again then we can reactivate the workers account. This guarantees an enthusiastic goldcoin group wich pushes the actual Community goals to serve Goldcoin.
    How to Get Started:
    If you are interested in participating, please reply in this thread listing the skills you can bring to the table and position desired. Everyone that applies will be accepted regardless of sex, race, experience, or nationality. The only requirements are that you provide weekly POW, be community/team oriented, and continuously strive for GoldCoin’s greatest good.
    Current Member Goals:
    Will be organized currently with Trello and Slack and gldtalk.org.
    Trello: https://trello.com/b/ex1lWnZW/goldworkers
    Open Workforce Members:
    Position #1
    Username: CryptoSolar
    Position: General Social Media / Marketing / Slack specialist
    Job Duties: General Promotion
    Weekly Report: (https://www.gldtalk.org/index.php?topic=3242.0)
    Wage: $10/weekly
    Position #2
    Username: Sokolov 323
    Position: Spanish Social Media / Marketing / Design
    Job Duties: Marketing and promotion among Spanish and graphic design.
    Weekly Report: (https://www.gldtalk.org/index.php?topic=3480.0)
    Wage: $10/weekly
    Position #3
    Username: Hodoo
    Position: IRC Administrator
    Job Duties: Establish, promote, and moderate the official IRC channel of GoldCoin (GLD).
    Weekly Report: (https://www.gldtalk.org/index.php?topic=3482.0)
    Wage: $10/weekly
    Position #4
    Username: Lorovzla
    Position: Spanish Writer / Translator
    Job Duties: Translating, writing, Spanish marketing
    Weekly Report: (https://www.gldtalk.org/index.php?topic=3380.0)
    Wage: $10/weekly
    Position #5
    Username: Blawpaw
    Position: Communication Director
    Job Duties: Manage mailing list, writing newsletters, press releases, community-wide communications.
    Weekly Report: https://www.gldtalk.org/index.php?topic=3297.0
    Wage: $10/weekly
    Position #7
    Username: MicroGuy
    Position: Forum Administrator / Paymaster
    Job Duties: Administer the GLDTalk.org forum and Open Workforce™ payroll.
    Weekly Report: https://www.gldtalk.org/index.php?topic=3286.0
    Wage: $1/yearly
    Position #8
    Username: SasuBelmont
    Position: Facebook Specialist
    Job Duties: Create and administer the Official Facebook Fanpage of GoldCoin (GLD).
    Weekly Report: (https://www.gldtalk.org/index.php?topic=3348.0)
    Wage: $10/weekly
    Position #9
    Username: Poplol
    Position: Merchant Adoption
    Job Duties: Find, contact, and lobby various merchants and persuade them to accept Goldcoin.
    Weekly Report: (https://www.gldtalk.org/index.php?topic=3430)
    Wage: $10/weekly
    Position #11
    Username: Norbetlasder
    Position: Technical Support
    Job Duties: Mining setup, newbie support, general client configuration.
    Weekly Report: (https://www.gldtalk.org/index.php?topic=3325.0)
    Wage: $10/weekly
    Position #12
    Username:
    Position: Super Moderator
    Job Duties: Site wide moderation of posts and threads.
    Weekly Report: (link)
    Wage: $10/weekly
    Position #13
    Username:
    Position: Graphic Designer
    Job Duties: Logo design, banner making, video editing.
    Weekly Report: (link)
    Wage: $10/weekly
    Position #14
    Username: Hyde
    Position: Exchange Relations
    Job Duties: Contact and lobby exchanges, regularly monitor/interact in popular exchange troll boxes.
    Weekly Report: (https://www.gldtalk.org/index.php?topic=3414.0)
    Wage: $10/weekly
    Position #15
    Username:
    Position: Staff Writer
    Job Duties: Write weekly articles about Goldcoin on mention and other Bitcoin/Crypto related sites, and cryptocurrencies for community publishing and so on.
    Weekly Report: (link)
    Wage: $10/weekly
    Position #16
    Username:
    Position: Crowdfunding Specialist
    Job Duties: Plan a organize crowdfunding, everything about crowdfunding related to cryptocurrencies
    Weekly Report: (link)
    Wage: $10/weekly
    Position: #17
    Username:
    Position: Tutorial Specialist / Workforce Teacher
    Job Duties: Tutorials for the Wallet and Slackand other things related to goldcoin, with Screenshots or on screen videos.
    Weekly Report: (link)
    Wage: $10/weekly
    Position #18
    Username:
    Position : Assistant/Junior Developer
    Job Duties: Developing on the Goldcoin Client
    Weekly Report: (link)
    Wage: $ ? /weekly
    The above positions are those that need to be filled first.
    However, if you have a skill not listed, feel free to make a suggestion by replying here: https://www.gldtalk.org/index.php?topic=3186.0. Please include your skills, experience, and desired duties. Everyone that applies will be accepted.
    [edit] Goldcoin Videos & Geocaching

    The 1 Million Goldcoin Geocaching Project, Adventures with MicroGuy !
    – Goldcoin Geocaching treasures will follow soon with more Videos.
    Youtube channel: https://www.youtube.com/user/realmicroguy
    Sneak Peak EP1: https://www.youtube.com/watch?v=RLCL_qQPzRc
    EP1: Hiding 5K GoldCoins (GLD) at Historic Phoenix Schoolhouse! https://www.youtube.com/watch?v=QoSyZCxvzTg
    EP2: Geocaching Madness In the Carolina Wilderness https://www.youtube.com/watch?v=_Gm9CRPZdyk
    Sneak Peak EP3: Episode 3 https://www.youtube.com/watch?v=HGuQAuG1jg8
    stay tuned for the next video with the Vimeo GLD Geocaching RSS
    GLD Geocaching Channel https://vimeo.com/channels/geocachegoldcoin New !
    https://vimeo.com/channels/geocachegoldcoin/videos/rss
    other Goldcoin related Videos:
    Goldcoin Report from Microguy NOV2015 : https://vimeo.com/groups/gld/videos/147369820
    [edit] News & Press

    Insider Secrets to Building a Truly Great Altcoin: http://altcoinpress.com/2015/10/insider-secrets-to-building-a-truly-great-altcoin/ (Oct 3, 2015)
    Goldcoin Invention Promises to ‘Hose Off’ Strip Mining Crypto Pirates: http://altcoinpress.com/2015/07/goldcoin-invention-promises-to-give-altcoin-strip-miners-the-hose/ about Golden River (Jul 8, 2015)
    Goldcoin (GLD) Considers Network Fee to Boost Community Participation: http://altcoinpress.com/2015/05/goldcoin-gld-considers-network-fee-to-boost-community-participation/ (May 9,2015)
    Interview with Lead Developer aka Akumaburn: http://web.archive.org/web/20150127223749/http://crypt.la/2014/12/16/future-goldcoin-altcoins-general (December 16, 2014)
    South African Businessman to Host Goldcoin Conference Series: http://altcoinpress.com/2014/10/south-african-businessman-to-host-goldcoin-conference-series/ (Oct 18, 2014)
    The Currency Most Likely to Challenge Bitcoin for Consumer Adoption: http://altcoinpress.com/2014/11/the-currency-most-likely-to-challenge-bitcoin-for-consumer-adoption/ (Nov 19. 2014)
    Goldcoin Scientist Set to Release Mysterious Java Client: http://altcoinpress.com/2014/10/goldcoin-scientist-set-to-release-mysterious-java-client/ (Oct 8, 2014)
    Goldcoin (GLD) Nears One-Month High Amidst Chaos: http://altcoinpress.com/2014/08/goldcoin-gld-nears-one-month-high-amidst-chaos/ (Aug 31, 2014)
    Goldcoin Developer to Put Multiple Coins Into a Single Wallet: http://altcoinpress.com/2014/04/java-client-to-put-multiple-coins-into-a-single-wallet/ (Apr 8, 2014)
    IRS Ruling Favors Bitcoin’s Status as “Digital Gold”: http://altcoinpress.com/2014/03/irs-ruling-supports-digital-gold-argument/ (Mar 31, 2014)
    [edit] Websites

    Bounty List for Website Translation: https://www.gldtalk.org/index.php?topic=3204.msg14154#msg14154
    Buy Goldcoins : http://www.trygoldcoin.com/
    GLD Main Site: http://gldcoin.com/
    Spanish Translated Website: http://es.gldcoin.com/
    Chinese Translated Website: http://cn.gldcoin.com/
    Official GLD Forum: https://www.gldtalk.org/
    Official GLD Reddit: https://www.reddit.com/r/goldcoin
    Official GLD Bitcointalk Thread: https://bitcointalk.org/index.php?topic=317568.0
    Cryptocompare Forum: https://www.cryptocompare.com/coins/gld/forum New !
    Cryptopia Forum: https://www.cryptopia.co.nz/Forum/Thread/357 New !
    Goldcoin Workforce Slack group: https://goldworkers.slack.com/
    Goldcoin Trello: https://trello.com/b/s0hEvXYH/current-goals
    Youtube Channel: https://www.youtube.com/user/realmicroguy
    Goldcoin Vimeo Account: https://vimeo.com/gld
    Goldcoin Geocache Vimeo Channel: https://vimeo.com/channels/geocachegoldcoin
    More Goldcoin Information: https://www.coingecko.com/en/coins/goldcoin
    More Goldcoin Information: http://cryptocoin.cc/table.php?cryptocoin=goldcoin
    [edit] Wallets
    0.7.2.0 (July 23, 2015)
    Official Wallet Download Site: http://www.gldcoin.com/get-started/
    Linux: http://www.gldcoin.com/downloads/goldcoin-0.7.2.0-linux.tar.xz
    Windows: http://www.gldcoin.com/downloads/goldcoin-0.7.2.0-win32-setup.exe
    MAC OS: http://www.gldcoin.com/downloads/goldcoin-0.7.2.0-mac-osx.dmg
    Android: http://www.gldcoin.com/downloads/goldcoin-wallet-1.14.apk
    Github https://github.com/goldcoin/gldcoin/
    Paper Wallet: http://www.goldcoinwallet.com/
    [edit] Exchanges
    C-CEX: https://c-cex.com/?p=gld-btc New Major !!
    Trygoldcoin: http://www.trygoldcoin.com/ New !
    Cryptopia: https://www.cryptopia.co.nz/Exchange?market=GLD_BTC ! Strong Community !
    [edit] Charts and Trading
    CoinMarketCap Charts: http://coinmarketcap.com/currencies/goldcoin/
    Trading Information: https://www.cryptocompare.com/coins/gld/analysis/BTC New !
    Goldcoin Chart: https://www.cryptocompare.com/coins/gld/charts/BTC New !
    Trading research: https://cryptrader.com/charts/cryptsy/gld/btc
    Index: http://www.worldcoinindex.com/coin/GoldCoin
    More Goldcoin Information: http://www.coinfinance.com/currencies/GLD-GoldCoin
    More Goldcoin Information: http://bravenewcoin.com/goldcoin/
    [edit] Explorers
    BlockExplorer:
    https://coinplorer.com/GLD
    http://gld.cryptocoinexplorer.com/
    http://gld.smartchain.cc/
    [edit] Pools

    Pools:
    GLD CryptoCoinMine: http://gld.cryptcoins.net/
    GLD HashFaster: http://gld.hashfaster.com/
    P2P:
    GLD P2P: http://inetrader.com:8221/static/
    Multipool:
    GLD Multipool: https://hash-to-coins.com/
    GLD Multipool: http://ispace.co.uk/coindetails/?coin=gld
    [edit] Forums & Blogs
    Greek Goldcoin Blog: http://gldgreece.blogspot.gr/2015/11/bitcoin.html
    Greek Goldcoin Blog2: http://gldgreece.blogspot.gr/2015/11/goldcoin_24.html
    Spanish Goldcoin Forum: http://www.foro-ptc.com/cryptomonedas-138/gld-goldcoin-la-divisa-del-nuevo-orden-mundial-133789/
    GldTalk: https://www.gldtalk.org/
    Bitcointalk: https://bitcointalk.org/index.php?topic=317568.0
    Greek Bitcointalk: https://bitcointalk.org/index.php?topic=1256033.new#new
    CryptoCompare: https://www.cryptocompare.com/coins/gld/forum
    Cryptopia: https://www.cryptopia.co.nz/Forum/Thread/360 Spanish !!
    [edit] Social Media & Chats
    Goldcoin IRC Chat: http://dev.irc.lc/freenode/GoldCoinIRC/YourUsernameHere new !
    Goldcoin Facebook Group: https://www.facebook.com/groups/goldcointalk
    Goldcoin Facebook Fanpage: https://www.facebook.com/GoldCoinFanpage/ new !
    Spanish Goldcoin Facebook: https://www.facebook.com/goldcoinesp/ new !
    Greek Goldcoin Facebook: https://www.facebook.com/arazoz new !
    Goldcoin Twitter: https://twitter.com/GoldCoinInfo
    Goldcoin Twitter: https://twitter.com/GoldCoin
    Spanish Goldcoin Twitter: https://twitter.com/GLD_esp new !
    Greek Goldcoin Twitter : https://twitter.com/GoldCoinGreece new !
    [edit] Nodes
    addnode=104.28.1.76
    addnode=107.161.23.159
    addnode=24.54.97.47
    addnode=216.170.126.215
    addnode=167.160.36.162
    [edit] Merchants

    Buy Goldcoins with Paypay, Visa or Master Card : http://www.trygoldcoin.com/ NEW !

  4. Canon CNN

    New Goldcoin Mining Pool

    http://stealthpool.pl/

    LOW FEE, LOW AUTOPAYOUT (suitable for small miners), HIGH EFFICIENCY. NO FANCY CHARTS – JUST PURE MONEY ON A REGULAR BASIS.

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