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Gulden (digital currency)

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Gulden
Gblue256x256.png
Official Gulden digital currency logo
Denominations
PluralN/A (Gulden is a singulare tantum)
SymbolNLG
Demographics
Date of introductionApril 4, 2014; 5 years ago (2014-04-04)
User(s)International
Valuation
InflationLimited release, maximum number of 1,680,000,000 Gulden

Gulden (trading symbol - NLG) is a second generation peer-to-peer cryptocurrency which was created to provide a secure, simple and fast method of performing financial transactions between private individuals, customers & service providers and also corporate entities. Like many recent (post 2012) cryptocurrencies, the primary design criteria were to improve security and usability of the currency and its underlying transaction authorisation technology (when compared to the original cryptocurrency - Bitcoin). The purpose of these changes were to simplify use and increase its adoption as a convenient, cheap and safe form of payment.

History[edit | edit source]

The original initiative for this currency came from Rijk Plasman with the first working implementation released on the 4 April 2014. Initially called the "Guldencoin", this was subsequently abbreviated in October 2015 to "Gulden". The name Gulden comes from the German and Dutch term for “gold coin” and is the Dutch name of the Dutch guilder, the pre-euro currency of the Netherlands.[citation needed]

Current usage[edit | edit source]

The Gulden currency can be mined which is a means of creating new Gulden by using software, quite often on specially designed computers. It can also be traded[1] on a financial market or exchange in the same way as common commodities and traditional currencies such as Oil and the USD ($).

Due to the intrinsic link with the Dutch people and culture, adoption of the Gulden as a form of payment for goods and services[2][3] is most established in the Netherlands.

Crowdfunding[edit | edit source]

The Gulden community partnered with organisers of the Capital Cup in 2018. After being approached by the organisers a crowdfunding campaign raised 80,000 NLG (about €7500) to sponsor the event with the prize money to be paid in Gulden payments accepted at the event.[4]

See also[edit | edit source]

References[edit | edit source]

  1. "Internet buys wildly at the Gulden of this Amsterdammer" (in dutch). www.parool.nl.CS1 maint: Unrecognized language (link)
  2. "All That Glitters Is Gulden: Dutch Cryptocurrency Boasts Impressive Adoption". cointelegraph.com.
  3. "Paying with digital guilders is gaining ground in the Netherlands" (in dutch). www.emerce.nl.CS1 maint: Unrecognized language (link)
  4. "Collaboration FootGolf and digital payment means Gulden; partnership of the future?". 20 May 2018.

External links[edit | edit source]


This article "Gulden (digital currency)" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Gulden (digital currency). Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.


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