Tomorrow’s Bitcoin is on schedule for the release of the Reverse Bitcoin Hard-Fork (RBH) in Third Quarter 2019
GoldCoin (GLC) is enhancing the usability of Crypto for E-commerce for Small, Medium, and Large Businesses. Many users of Bitcoin are unhappy with the speed and Fees charged for each transaction
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 Tomorrow’s Bitcoin. Enhancements include faster transaction time without the mega costs associated with Bitcoin.
What Will Be Different?
Additional Features include:
- Transactions Per Second (TPS) – At the current rate, Bitcoin handles only 4.6 TPS – at best. In comparison, with the VISA Credit Card Network handles about 1,700 TPS on an average. GoldCoin (GLC) is building a platform that will manage 4,480 TPS as part of their (RBH). Expect GoldCoin (GLC) 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 (GLC) is fixing that problem. As the Bitcoin of Tomorrow, GoldCoin (GLC) is addressing the cumbersome nature of Bitcoin by making the transactions faster and less expensive
- Free Transactions – GoldCoin (GLC) is modern crypto that its design fits into the modern world’s financial system. As such, the Reverse Bitcoin Hard-Fork (RBH) 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 featuring 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 (GLC) 2-minute blocks.
With the release of the Reverse Bitcoin Hardfork (RBH) in Q3 2019, 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 (GLC) 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.
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