Goldcoin Crypto Price Prediction, Value and Chart (GLC)

Goldcoin (GLC) Frequently Asked Questions

What is Goldcoin?

GoldCoin (GLD) is the Gold Standard of Digital Currency - With large vibrant support, trading communities, real world appeal and an extremely devoted development team, GoldCoin is the Gold Standard of Digital Currency. Block time + difficulty changes depending on the height of the block chain along with demarcated block rewards. The GoldCoin team have implemented Golden River - a method to adjust the block time each block to counteract large swings in hashing power pointed at the network - this method is smoother than than the Kimoto Gravity well meaning block times are more closely regulated.   (Description provided by CryptoCompare)

How do I buy Goldcoin?

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 Goldcoin.

Where can I get Goldcoin wallet?

Goldcoin produces its own wallet software that is available for download on its website, which allows you to store Goldcoin 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 Goldcoin?

One Goldcoin (GLC) is currently worth $0.03 on major cryptocurrency exchanges. You can also exchange one Goldcoin for 0.00000122 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Goldcoin in U.S. dollars is $1.29 million.

What hashing algorithm does Goldcoin use?

Goldcoin is a proof of work (PoW) coin that uses the Scrypt algorithm.

How do I mine Goldcoin?

Goldcoin 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 Goldcoin?

The following coins use Goldcoin's Scrypt algorithm and proof of work (PoW) proof-type: Dogecoin, UNUS SED LEO, Litecoin, DEI, EAC, Polymath, ConstitutionDAO, Syscoin, Verge, XeniosCoin, Presearch, Bytom, Starcoin, Monavale and Argentine Football Association Fan Token.

What is the Reddit page for Goldcoin?

The official Reddit community (subreddit) for Goldcoin is r/goldcoin.