What is Gold Coin?
GoldCoin (GLD) – an improved version of Litecoin using scrypt as a proof of work scheme.
With large vibrant support and trading communities, real world appeal and an extremely devoted development team, GoldCoin is the Gold Standard of Digital Currency.
A great name meaning “value” to billions of people Worldwide.
A genuinely unique coin not just another litecoin clone.
Total number of coins to be mined 123,423,900 .
Faster transactions than LTC and BTC – 2 minutes.
Faster difficulty adjustment time – 60 blocks.
Coin generation rules modeled after physical gold.
Hash algorithm (scrypt) that making it ASIC resistant.
Gradual reduction in block reward creating diminishing coin supply.
Block reward rules that finally cap supply after 100 years of mining.
- 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
|Network hashrate||1799215091 H/s|
|Adjusted ratio||43.3159908411 % BTC|
|Avgerage Profit||1687.668065679804 % BTC|
|Avgerage Hash||1799215091.0000 H/s|