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Review on Goldcoin by francis fernandez

Revainrating 4 out of 5

digital gold with blockchain

Gold since legendary times has always been a symbol of wealth. On this occasion, cryptography presents us with a digital currency whose motto is to provide personal wealth to its holders. It's about Goldcoin.
Goldcoin is a digital asset, the essence of which lies in the non-custodial operation of its platform, as a means of promoting the user's autonomy to provide their own money.
How is the decentralization of this platform promoted?
Goldcoin is a protocol fully founded and maintained by a group of volunteers whose common goal is to grant financial freedom to the holders of their native GLC cryptocurrency.
GLC has anti-fraud technology to protect its network from fraudulent attacks and uses Scrypt hash and the PoW protocol for its secure mining.
The owners of this cryptocurrency must use the Goldcoin wallet offered by the native platform to store and manage their funds and have access to the history of their movements.
What does Goldcoin guarantee to its users?
Besides having a highly powerful and secure technological infrastructure; Goldcoin brings additional benefits and functions to its users:
• Offers a secure trading network for trading digital assets
• Allows you to use your currency as a form of payment or cash
• Provides high efficiency in your 0-Conf transactions due to the speed in the validation of blocks
• It allows the saving of commissions and fees for making transactions in your network
• Provides convenience to users by offering mobile applications for Android and IOS.
• It allows to participate in peer to peer, B2B and Altilly commercial networks with the same platform
In addition to these ease of use; Goldcoin is a currency that has an important value guarantee like gold.
By acquiring your cryptocurrency compatible with the ERC-20 token you are agreeing to the purchase of digital gold, in a reliable, anonymous and non-custodial market.




Pros
  • Protocol without custody or intermediaries in charge of volunteers
  • User-friendly platform
  • Allows commercial operations at no cost
  • Compatible with peer to peer and B2B networks
  • Offers anti-fraud protection
  • High speed of transactions
Cons
  • No disadvantages