GoldCoin (GLC) is enhancing the usability of Crypto for E-commerce for Small, Medium, and Large Businesses.
NEW YORK, NY, June 05, 2019 /24-7PressRelease/ — In the wake of disappointment with Bitcoin, consumers continue to look for a crypto platform that contains the many positives of Bitcoin without the pitfalls. GoldCoin (GLC) is that platform and continues to position itself as Tomorrows Bitcoin. Enhancements include faster transaction time without the mega costs associated with Bitcoin.
Additional Features include:
Transactions Per Second (TPS) – At the current rate, Bitcoin handles only 4.6 – at best – TPS. In comparison, with the VISA Credit Card Network handles about 1,700 TPS on average. GoldCoin (GlLC) is building a platform that will manage 4,480 TPS as part of their (RBH). Expect GoldCoin to exceed the Bitcoin TPS rate by 953 times and about 2.6 times more than the VISA network. Bitcoin is designed to be slow, and for that reason, the slow speed limited the block development, which means that Bitcoin can charge more per transaction and you still have to wait. That is a big problem for their community and one primary reason that GoldCoin is fixing that problem. As the Bitcoin of Tomorrow GoldCoin is addressing the cumbersome nature of Bitcoin by making the transactions faster and less expensive.
Free Transactions – GoldCoin (GLC) is a modern crypto that’s design fits into the modern world’s financial system. As such, the Reverse Bitcoin Hard-Fork has free transactions built in. – 5% of every 32 MB block will be reserved for free transactions, and this will allow for up to 10 million free transactions per day.
Increase of Block Capacity – GoldCoin (GLC) is built for stability and quickness with its new GoldCoin blockchain features a maximum block size of 32 MB (128 MB weighted) that the option given to market forces in determining their preference for scaling methods within the GoldCoin 2-minute blocks.
Instant Transactions (0-Conf) – This tool was abandoned by Bitcoin that move is one reason for the slower transaction speeds. GoldCoin (GLC) is set to use 0-Conf as a safer way to handle instant transactions with less risk of chargebacks, even in comparison to credit cards and checks. Instant Transactions make GoldCoin easier for consumers to use and safer for merchants.
Reverse Bitcoin Hardfork on Schedule
With the release of the Reverse Bitcoin Hardfork in Q3, Goldcoin (GLC) continues to gain both in its expanding community and with businesses of all sizes lining up to work with GoldCoin. Modernization of crypto is a must for such a coin to fit into the modern financial system. Through innovative thinking and rational strategy, GoldCoin continues to impress. The current strategy, which includes these four benefits sets GoldCoin (GLC) to truly become the Bitcoin of Tomorrow and a viable currency for the modern world and its’ financial system.
The Goldcoin Community
GoldCoin is a peer-to-peer cryptocurrency that finally delivers on the promises of decentralization. It’s completely built and maintained by a team of dedicated volunteers who firmly believe in promoting economic freedom. Thanks to these principles and a focus on game-changing usability features, like two-minute confirmation speeds and instant 0-Conf transactions, GoldCoin is fundamentally changing how cryptocurrency and economies operate.
Unlike the securities, stock options, profit sharing and other opportunity plans of centuries past, this is more than just a new way to secure wealth: It’s a proven system where awards are based on math alone.
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