What is a gulden? Gulden (NLG) is a Blockchain project that supports secure, simple and fast financial transactions between users. cryptocoin.com In this article, we answered the questions asked by investors such as what Gulden is, what it offers, what is NLG coin, what is it for, how to buy it. Let’s examine together this Netherlands-based project, which makes it possible to perform advanced financial transactions.
What is a gulden?
Launched by Rijk Plasman, Gulden (NLG) is one of the oldest Blockchain projects in the crypto space. The project was launched with a fork in Litecoin in 2014. Like most projects launched after 2012, NLG has also focused on payments. Accordingly, the platform caters to private individuals, customers and service providers, and institutional investors. These users can perform various financial transactions within the network. It is possible for them to perform extremely simple, fast and secure transactions with the network.
Gulden takes its name from the Dutch currency before the euro was adopted. It contains traces of Dutch culture and history as a theme. This is why the Netherlands is the country where cryptocurrencies are seeing the most widespread adoption. However, the Blockchain network is a decentralized and hybrid network. So it works with both Proof-of-Work and Proof-of-Stake mechanism. It has a user- and energy-friendly architecture and is available for use as a store of value or for payments.
What is NLG? What does it do?
Gulden was developed due to the problems of older cryptocurrencies such as Bitcoin and Litecoin. Bitcoin, for example, is the target of regulators around the world for its energy use. NLG has developed a number of features to solve such problems in-house. For example, it can perform transactions much faster than Bitcoin. In addition, due to the hybrid consensus mechanism, it consumes much less energy than it.
Gulden is a much more user-friendly altcoin than Litecoin. It even ranks among the best on the market for user-friendly architecture, according to its website. This structure means that it is a platform that appeals to even investors who are far from the crypto money and Blockchain field. However, the project is used as a store of value. With a scarce supply, NLG allows users to raise funds without paying any taxes or hosting fees.
What is a gulden? How to take NLG?
Gulden is currently only traded on the FreiExchange cryptocurrency exchange. Interested investors must be members of this exchange and create an account. After that, they have to verify the account they created and deposit funds into their wallets. Users who have an asset suitable for NLG parities in their wallets can purchase altcoins over the relevant parity.
