Goldcoin (GLC) is a cryptocurrency of the open-source cash payment system. It is based on the Scrypt hashing algorithm. The project allows you to make instant payments to anyone anywhere in the world with the ability to send without a transaction fee.

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RT @adam3us: hard money inherently requires an unavoidable production cost; proof of work is fundamental. people value gold as hard money,…

hard money inherently requires an unavoidable production cost; proof of work is fundamental. people value gold as hard money, because it is scarce. and the scarcity inherently means there must be a production cost for more units. so it is with #bitcoin, digital gold requires PoW.

RT @adam3us: hard money inherently requires an unavoidable production cost. proof of work is fundamental.