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Topics - MicroGuy

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1
This is a comprehensive guide for installing BlockDX with XLite on a desktop or laptop computer.

If you already have BlockDX and XLite installed and configured, you can jump to step 3 of this guide.

(1.)  Download and install the latest version of Blocknet.



After the wallet is installed on the machine it will take some time to complete its sync with the network. You can minimize the window and allow the process to continue as we move to step 2.

(2.)  Download and install the latest version of XLite.



The is a lightweight wallet where you will store the various cryptocurrencies like BTC and LTC that you will use when trading Goldcoin. You will asked to create a password and to record your mnemonic seed. Complete the steps and move to step 3.

(3.)  Download and install version 0.14.7 of the Goldcoin client.



After the wallet is installed on the machine it will take some time to complete its sync with the network. You can minimize this window and continue working on your machine while the Blocknet and Goldcoin wallets sync. This could take a few hours depending on your hardware and internet speed.

Do not proceed to step 4 until both the Blocknet and Goldcoin wallets have fully synced with the network.

(4.)  Download and install the latest version of BlockDX making sure your Blocknet, XLite, and Goldcoin wallets are all opened.

Go through the setup. The BlockDX application should automatically detect your Blocknet and Goldcoin wallets. Follow the instructions and restart both the blocknet and goldcoin clients. Once the clients have been restarted and are again open, proceed to restart BlockDX.

Once the BlockDX application opens navigate to Add and Update Wallets from the main menu. Choose XLite and complete.



You should now have a fully configured desktop trading workstation. Your very own exchange!

[Support Resources:]

Blocknet Discord: https://discord.gg/Nz7Dy4j

Goldcoin Discord: https://discord.me/goldcoin

Blocknet Telegram: https://t.me/Blocknet
 
Goldcoin Telegram: https://t.me/goldcointalk

You can now proceed to depositing funds and trading. In order to trade you will need to deposit a small amount of BLOCK. You can obtain a small amount of BLOCK in the Blocknet Discord or by replying with your BLOCK address in this thread.

2
In just a matter of hours following the Altilly closure, our community got to work and secured a new CEX exchange listing.

This was a critical move considering our existing DEX listing is not currently supported by Coinmarketcap. In addition, this will provide our community with a familiar trading interface as we continue transitioning and educating users setting up their BlockDX trading desks.



CMC link: https://coinmarketcap.com/exchanges/c-patex/
GLC/BTC Link: https://c-patex.com/markets/glcbtc

Our team has investigated the exchange and is in contact with the staff. We now endorse this exchange and deem it safe for trading.

At the same time, we caution against using any exchange as a means of "coin storage". Crypto exchanges should never be treated like banks. Banks shouldn't even be treated like banks.

Keep only the coins on an exchange you wish to trade and keep the rest in your local wallet for safe keeping. Where you control the private keys.

Thank you as always and happy trading!  :toast:

3
It's been a rocky road these past 8 years and most of the speed bumps have come from CEX exchange failures.

Here's a non-exhaustive list of exchanges that have either been hacked, closed, or decided to delist Goldcoin. Most often times resulting in the loss of funds to our community. There were around 6 million GLC lost during the Cryptsy hack alone.

  • Altilly (hacked)
  • Cryptsy (hacked)
  • Bittrex (delisted then .25 BTC w/ fee.)
  • C-CEX (hacked)
  • Cryptopia (hacked)
  • TradeSatoshi (closed)
  • P2PB2B (delisted)
  • CoinEX (hacked)
  • Bter (hacked)
  • Novaexchange (closed)

So today, we'll be moving away from antiquated CEX exchanges and upgrading exclusively to DEX (decentralized exchange). And we've selected BlockDX to be our first DEX. This doesn't mean that GLC will never be listed again on a CEX, it just means our small team won't be chasing them.

There will be two primary challenges as we make this transition. First, Coinmarketcap and other index providers currently do no recognize BlockDX market price or volume. Secondly, it can be challenging for users to setup and configure their trading environments. The first problem will take care of itself mostly as DEX trading continues to grow in popularity.

For the second challenge, we're created a dedicated BlockDX support channel on our Discord server. Here, our developers along with members of the Blocknet community will help users in setting up their trading software.

Get started today using the links below:


[Note:] We are only able to offer limited support in Telegram. Please use Discord whenever possible.

Goldcoin is open-source community-based software. And exchanges don't have to ask our permission to list us. Likewise, anyone in our community is welcome to work on securing a listing with a CEX. But our entire focus and commitment moving forward will be to help pioneer the coming DEX revolution.

We are very excited about this new chapter in Goldcoin's history and thrilled to be at the forefront of this next chapter in cryptocurrency!  :thumbsup:

4
Service Discussion / Goldcoin (GLC) Now Supported by BlockDX Exchange
« on: December 25, 2020, 12:39:35 PM »
The Core team is pleased to announce that Goldcoin is now supported by a top DEX (decentralized exchange)! The next step in the evolution of crypto will come from DEX.


BlockDX Announcement: https://twitter.com/BlockDXExchange/status/1341353919902052353?s=20
BlockDX website: https://blockdx.com/

Decentralized exchanges are fast becoming the next big wave in cryptocurrency as users become frustrated with two major flaws of existing exchanges.

  • Investment is subject to total loss if exchange closes or is hacked.
  • Centralized exchanges are subject to KYC/AML requirements and dictate who can and who cannot participate.

The DEX model solves entirely both of these problems since users trade within their own local wallets and the system does not discriminate based on your geographic location or jurisdiction.

This means anyway can participate and you control your private keys at all times. In essence, you become your own bank and your own exchange.

If you need any help getting started, reply below or visit our BlockDX support channel on Discord: https://discord.me/goldcoin

We are very excited to be getting in on the ground floor of this revolutionary shift in paradigm.

Join the DEX revolution today!  :toast:

5
Technical Discussion / Official Community Resource Distribution Map
« on: September 08, 2020, 11:32:03 AM »
Intro: The Goldcoin network is highly decentralized in everyway imaginable.  From our global network of client nodes, to the distribution of wealth, all the way down to the allocation of community resources (this list).

[Please find below a list of critical network resources and how they are distributed]


Team Resource Distribution:

Dr. Gerald Higginbotham

- GoldcoinWeb.com (website 2)
- GoldcoinTalk.org (message board 1, this forum)
- GoldcoinWallet.com (online paper wallet)
- Trygoldcoin.com (online goldcoin store)

Eric Britten

- DNS Seeder (vital to the function of mobile apps)
- Masternode 2 (vital to the 51% defense of our network)
- https://github.com/Stouse49/goldcoin-wallet (Android source code repo)
- https://play.google.com/store/apps/details?id=de.schildbach.wallet.goldcoin&hl=en_US (Playstore Listing)

Danny Oyekan

- Goldcoin.org (website1)
- t.me/goldcoin (chat1)
- Masternode 3 (vital to the 51% defense of our network) **
- https://apps.apple.com/us/app/goldcoin-wallet-by-toga/id1425249500?app=itunes&ign-mpt=uo%3D4 (App Store iOS listing)
- https://www.goldcoin.org/forum/ (message board 2) **

** indicates non-functioning resource

Yahowah Sky

- Slack (developer work space)
- masternode 1 (vital to the 51% defense of our network)
- gldcoin.com (vital to the operation of all network clients)
- netseed.net (vital to the operation of all network clients)
- Bitcointalk announcement thread
- https://github.com/goldcoin/ (client source code repo)
- t.me/goldcointalk (chat 2)
- https://www.reddit.com/r/goldcoin/ (Reddit)
- https://twitter.com/goldcoin/ (Twitter)
- https://www.facebook.com/goldcoinpage (FB page)
- https://www.facebook.com/groups/goldcointalk (FB group)
- Discord server

6
Tonight, our developers will making a major update that will better secure our global network.

This could result in brief outages (24-48 hours) within our mobile apps. The Goldcoin Core client will not be affected.

7
In my estimation, we have the perfect foundation for building the greatest currency in the history of mankind.

It really is the gold standard of digital currency. Goldcoin currently has a 15,000% greater capacity than Bitcoin with Tx speeds 400% faster. This is obviously an excellent starting point for competing in the field.



But how can we improve and provide users with an even better use-case and experience? Below I will detail my ideas for turning this project around and getting the markets back into the green.

1. We need the warning removed from Coinmarketcap.com since it has no basis. Both websites are in agreement in regards to the roadmap and whitepaper. And both sides have acknowledged publicly that our project has no owners.

Goldcoin is open-source and decentralized. The entire point of crypto is to get away from top-down central authorities. This is mainly because absolute power corrupts absolutely. Physical gold isn't controlled by a single country or single authority, and can neither perfect money.

2. Transactions must be private. A cash payment system isn't cash if transactions can be tracked on the blockchain. Any cryptocurrency lacking privacy that claims to be a cash payment system is lying.

Our team is currently exploring the best available options for adding this privacy feature to Goldcoin. I'll break that all down in a future thread.

3. Proof of Work is not sustainable and must be replaced, preferably within the next 5 years. I have written a whitepaper on a new consensus algorithm called Proof of Participation that can accomplish this task. It's still in the experimental stages, but we have determined that this will indeed work.

Turning this project around and digging ourselves out of this hole will not be easy. I certainly can't do it alone.

But by following these steps, and with the support of the entire community, we can easily achieve these goals and climb to the very top.

And I don't mean just the top of coinmarketcap, I mean becoming the most popular currency on this planet.

8
GoldCoin Discussion / [OFFICIAL] New Official Goldcoin Telegram
« on: January 21, 2020, 09:02:39 AM »
The Goldcoin (GLC) Team is happy to announce the launch of our Official Telegram Group.

https://t.me/goldcointalk

Join the group today to meet the Team and to discuss all things Goldcoin!

9
Technical Discussion / [NEWS] GIP Development Release Update (32MB Blocks)
« on: December 07, 2019, 12:32:24 PM »
We are excited to announce that Goldcoin client development and testing of GIP1 is now complete.

New Features:

- Maximum block size increase to 32MB.
- New modern logo.
- Unit of account updated to 'GLC'.
- Tx increase to 1,120 TPS.
- GoldCoin branding changed to Goldcoin.

Notes:

This latest update has undergone extensive testing including various transaction stress tests. I would also remind the reader that all development is public and open-source. We encourage anyone interested in closely following or participating in development to join our team on Slack.

Schedule:

The binaries will be built this weekend and the software will be released next week. Once we have the exact date for next week's release, we will notify the community here.

~~

If you have any comments or questions about this topic, please write them below.

10
ASHEVILLE, NC -- November 9th, 2019

As Goldcoin embarks on its ambitious plan to replace PoW by developing a new PoP consensus algorithm, we are excited to announce the addition of a new member to our Administrative Team.

Patrick Thomas has been appointed to the position of "Digital Marketing Specialist".  Patrick has a background in CNC mechanical engineering, business management, and digital marketing.  His passion is in helping newcomers to the industry understand cryptocurrency.

In his new role, Mr. Thomas will be developing strategies used in marketing our project, moderating our Telegram, leveraging social media, and building a Goldcoin YouTube channel that will provide educational content and updates related to the Goldcoin project.

About Goldcoin

Goldcoin is the world's first "Hard Money." A super secure value store and cash payment system. Fully decentralized and distributed. Fast and Free. It's Digital Gold for a New Generation.

Forward Looking Statements

This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties.

11
ASHEVILLE, NC -- November 5th, 2019

As Goldcoin embarks on its ambitious plan to replace PoW by developing a new PoP consensus algorithm, the team appoints Crystal Starre to the position of Administrative Director.

Former GLC Community Manager and current Event Coordinator at the Living Arts Foundation, Ms. Starre will begin overseeing the daily office operations of Goldcoin (GLC), including office management, technology, human resources, contracts and management of GLC administrative staff.

Starre brings proven management leadership skills to Goldcoin along with excellent interpersonal and relationship building skills. She has worked in corporate leadership for over 10 years and now serves community projects specializing in administrative and event planning.

The new Administrative Director will work to improve processes and policies, manage administrative staff, and lead long-term organizational planning.

About Goldcoin

Goldcoin is the world's first "Hard Money." A super secure value store and cash payment system. Fully decentralized and distributed. Fast and Free. It's Digital Gold for a New Generation.

Forward Looking Statements

This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties.

12
Technical Discussion / [UPDATE] 10/24 Mobile Apps Status Report
« on: October 24, 2019, 04:11:12 PM »
[Mobile Apps Update]

1. The Android app currently has a bug that causes the exchange rate displayed to be inaccurate. Our developers are aware of this issue and have a fix in the works that should be available on our around Nov 4th. We don't consider this bug to be critical as it does not impact the security of the wallet nor does it affect the sending and receiving of coins. (Resolved)

2. The iOS app has two bugs. The exchange rate is broken and no longer displays, and if users update to the latest version of iOS, it breaks the sending functionality of the app. We're attempting now to gain access to the Apple Developer account which belongs to a former team member. Although these bugs do not impact security, the broken sending feature IS considered a critical issue. (In Progress)

~~

If you have any comments or questions about this topic, please write them below.

13
On Nov 11th, the Goldcoin developers will be releasing an updated version of the Goldcoin Core client software. This upgrade will replace the previously scheduled RBH.

[Rational]

It was determined this week that we did not have a required consensus of nodes to fully adopt the RBH. This would have resulted in a critical network split creating two versions of the Goldcoin blockchain. As you can see using the network tool below our decentralized network is highly distributed.

Network node map: http://goldcoinnetwork.info/ (NNM courtesy of Frank White)

Rather than risking the negative effects of a network split, the development team has decided to move forward with a traditional hard fork using an updated client that will remain backward compatible for an extended period.

This revised update will allow us to increase our network capacity as previously scheduled without disrupting our network or creating an inflationary event.

[Key benefits]
  • No risk of network split
  • The update will be backward compatible
  • Network nodes will have 6 months to upgrade
  • There will be zero inflation
  • Nodes won't be burdened with the storage requirements of the BTC blockchain
  • Tx throughput will increase to ‭1,120‬ TPS
  • Our immutable ledger will remain fully intact
[Conclusion]

This revised update, to be released on Nov 11th, will allow us to increase our network capacity (as previously announced) without disrupting our network or creating an inflationary event for users.

~~

If you have any comments or questions about this topic, please write them below.

14
Mining & Pools / Current Status of Goldcoinpool.com
« on: October 19, 2019, 06:22:06 PM »
The Goldcoin Team owns the domain name GOLDCOINPOOL.COM.

In the past, this domain has been used to redirect traffic to a mining pool operated by Gold Buffalo. However, it was decided by the pool operator that the pool would be decommissioned for the time being. His stated plans are to build another mining pool after the RBH.

So the team has decided for now to redirect website visitors to the Mining Pool Board of this forum.

Once GB has his new pool up and running, we will consider redirecting traffic to the new pool. Or in the event that does not occur we are open to redirecting traffic to another mining pool.

~~

If you have any comments or questions about this topic, please write them below.

15
Service Discussion / Goldcoin to be Listed on Top Exchange P2PB2B
« on: October 19, 2019, 12:24:04 PM »
Our team is delighted to announce that thanks to our community's fundraising efforts we've been able to secure a top-tier exchange listing.

Sometime on or around Oct 25th, Goldcoin will begin trading live on P2PB2B!

Website: https://p2pb2b.io/
Twitter: https://twitter.com/p2pb2b



P2PB2B is a top CMC exchange frequently appearing in the top 5 overall exchanges ranked by volume. On Monday, Oct 21st they will be making the official announcement on Twitter.

CMC Ranking: https://coinmarketcap.com/rankings/exchanges/

If you have any comments or questions about our new listing, please write them below.


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