If you lost Golcoin's on Altilly because of the hack. You can go to the link and file a claim for the coins you lost.

Fill out the form here. https://t.co/HeqaLDAxpx

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! 

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! 

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.

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.