e-Gulden Price, News and Analysis (EFL)

e-Gulden (EFL) Frequently Asked Questions

What is e-Gulden?

The Electronic Gulden Crypto Currency (EFL) is named after the Gulden Florjin a Dutch coin from the Middle Ages. Again like SpainCoin, Scotcoin, CryptoEscudo, and other nationally inspired crypto currencies, the Electronic Gulden is a premined coin for distribution to a specific nationality - in this case the Dutch. 50% of the coin can be mined by anyone and 50% will be allotted to Dutch Households and verified using two proofs of address - two utility bills. The ELF coin is a PoW scrypt altcoin with a hard cap limit of 21000000, block reward halving every 210000 blocks, difficulty adjustment every 4500 blocks, and a starting block reward of 25 coins per block. (Description provided by CryptoCompare)

How do I buy e-Gulden?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including e-Gulden.

Where can I get e-Gulden wallet?

e-Gulden produces its own wallet software that is available for download on its website, which allows you to store e-Gulden on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of e-Gulden?

One e-Gulden (EFL) is currently worth $0.11 on major cryptocurrency exchanges. You can also exchange one e-Gulden for 0.00000259 bitcoin(s) on major exchanges. The value (or market capitalization) of all available e-Gulden in U.S. dollars is $1.89 million.

What hashing algorithm does e-Gulden use?

e-Gulden is a proof of work (PoW) coin that uses the Scrypt algorithm.

How do I mine e-Gulden?

e-Gulden and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What coins are similar to e-Gulden?

The following coins use e-Gulden's Scrypt algorithm and proof of work (PoW) proof-type: Dogecoin, Litecoin, UNUS SED LEO, Polymath, Verge, Hellenic Coin, Syscoin, XeniosCoin, Bytom, Presearch, Lotto, GameCredits, Matrix AI Network, Lightning Bitcoin and Don-key.