GoldCoin
| Last updated | 11 hours ago |
| Price per GLD in USD | $ 0.0067484447483982 |
| Price per GLD in Bitcoin | 0 |
| Volume over the last 24 hours | $ 79 |
| Market cap in USD | $ 294,782 |
| Change in % over the last hour | -14.09182864 |
| Change in % over the last 24 hours | 2.51031666 |
| Change in % over the last 7 days | 15.91620647 |
GLD specifications
| Name | GoldCoin |
| Symbol | GLD |
| Minable | Yes |
| Algorithm | N/A |
| Prooftype | N/A |
Coin description
GoldCoin is a cryptocurrency inspired by precious metals, designed to provide stability and long-term value retention. It operates on a proof-of-work (PoW) consensus mechanism, utilizing the Scrypt algorithm to ensure fair mining accessibility. GoldCoin emphasizes simplicity, security, and usability.
GoldCoin Stability Features
GoldCoin incorporates monetary policies aimed at reducing volatility and ensuring predictable growth. Its focus on decentralization ensures that users retain full control over their funds. For example, merchants can accept GoldCoin payments while benefiting from low transaction fees and fast confirmations.
One of GoldCoin's strengths lies in its alignment with traditional asset markets. By bridging the gap between cryptocurrencies and precious metals, it offers a unique value proposition. Keywords like GoldCoin stability and Scrypt mining are closely tied to this project.