Why Gulden NLG Mining
Combining the power of Proof of Work with witnessing to give the Gulden blockchain unparalleled security that is out of reach for attacks by even the most wealthy and determined attacker. Largest Decred DCR Mining Operation there. With enhanced security comes more flexibility which enables our users to have secure 1 confirmation transactions. This brings us further in reaching our goal towards mainstream adoption. Incredibly fast confirms without a bloated blockchain.
Want to get rich from mining Gulden? Do not read any further. Installing the Raspberry Pi + LKETC usb miner itself isn't profitable, but it's educational!
But PoW² adds far more then just security, users will now be able to earn Gulden with their Gulden by participating as Witness. Currently in development. Of course we could make our lives easy and simply use SegWit which was designed with Bitcoin in mind, but we decided to come up with a solution which best fits Gulden: Segregated Signature or in short SegSig.
Considerable space saving on most common transaction types, resulting in a blockchain that is far more efficient. SegSig is coming with a complete overhaul to the transaction script system allowing us to implement PoW² and SegSig as clean as possible, leading to even further reductions in transaction sizes and cleaner implementation of future innovations. Currently in development.
January Development Update Gulden 2.0: The Gulden 2.0 release is still being tested with bugs being fixed and retested until we are 100% confident each one can be written off the list. This process is time consuming but worth the peace of mind that when 2.0 is ready for release, your Gulden will be safe and secure with all functions working as intended across all platforms.
Android and iOS: Both mobile platforms are being worked on by our dedicated iOS and Android developers. We expect to have an update for both fairly soon. Influx of new users and seeder issue experienced: Since december last year we have had a major growth spurt in users which put some strain on our network.
Particularly users that have setup dedicated nodes to participate on our network weren’t being discovered by our DNS seeders, this resulted in a few new users experiencing initial syncing issues. We have improved the situation experienced with changes to the code base aswell as bulking up our DNS seeders. We also found a better way to cater for nodes that don’t have a static IP address. IBAN amendments: When sending Gulden to your IBAN through your wallet you will need to make sure you have verified your IBAN account at by adding your first and last name to the verification process. Presently the wallets do not include the first and last name fields but will be made available in a future update.
About Gulden is a Dutch alternative to Bitcoin. It is based on the Dutch guilder, which translates to 'golden'. The Dutch guilder was in circulation until 2002, when the euro was introduced and the guilder was no longer the official national currency of Netherlands. There is a premine of 10% (170 million NLG) of which 9% (150 million NLG) is reserved for Dutch citizen and the remaining 1% (20 million NLG) is reserved for development, marketing and bounties. To see a history of Gulden's development, you may head to https://timeline.gulden.com/.