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Price
$0.0031
10/4/2022, 5:54:12 AM
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Market

Market stats

Market cap

$1.8M

Volume (24h)

-

Circulating supply

563.6M NLG

All time high

$0.50

Price change (1h)

+0.09%

Price change (24h)

+2.18%

Price change (7d)

-17.81%

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Gulden is on the decline this week.

The price of Gulden has fallen by 17.81% in the past 7 days. The price increased by 2.18% in the last 24 hours. In just the past hour, the price grew by 0.09%. The current price is $0.00314 per NLG. Gulden is 99.37% below the all time high of $0.50.

The current circulating supply is 563,635,131 NLG.

About

What Is Gulden (NLG)?

Gulden is a digital asset platform that seeks to offer a safe and secure trading environment to De Nederlandsche Bank (DNB) registered users. According to its website, the Gulden blockchain network intends to be one of the safest decentralized networks in the world without large energy consumption. Moreover, Gulden claims to have an active community that ensures all queries of users are resolved swiftly. 

As per its whitepaper, the platform intends to solve problems commonly associated with blockchain networks, including double-spend, selfish mining51 percent attacks, centralization, and more. Selfish mining refers to the delay in broadcasting a solved block by the miner, intending to start mining another block.  Likewise, Gulden also seeks to solve issues like transaction capacity limitations and blockchain stalling due to the sudden absence of miners or new blocks. 

Gulden states that various measures, which were used to overcome the limitations of blockchain, like alternative algorithms, Proof-of-Stake (PoS), hybrid consensus mechanisms, difficulty adjustment algorithms, etc., have failed. Therefore, the platform seeks to implement an improvised Proof-of-Work (PoW) consensus mechanism, called PoW2, on the network designed to prevent 5 percent attacks. Similarly, the platform also aims to deploy a 0-conf solution, a two-layer network that would facilitate instant block confirmations when required. 

NLG is the native cryptocurrency of the Gulden platform. The token is created using an innovative mining technique, where miners need witnesses to verify and validate every block created. Therefore, the miner has to share the block in order to prevent a loss, which, the network claims, ensures that all the miners adhere to the rules. 

History of Gulden (NLG) 

Gulden was founded in April 2014 by Rijk Plasman, while the whitepaper was authored by lead developer Malcolm MacLeod. Rijk is an experienced UI designer and is the founder of Novo and Centure. The Gulden cryptocurrency has a maximum supply of 700,000,000 NGL.

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FAQ

What is the current price of Gulden?

The price of 1 Gulden currently costs $0.0031.

What is the market cap of Gulden?

The current market cap of Gulden is $1.77M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Gulden?

The all-time high of Gulden is $0.50. This all-time high is highest price paid for Gulden since it was launched.

What is the 24 hour trading volume of Gulden?

Over the last 24 hours, the trading volume of Gulden is $0.00.

What other assets are similar to Gulden?

Assets that have a similar market cap to Gulden include ZeroSwap, PAID Network, Waves Enterprise, and many others. To see a full list, see our comparable market cap assets.

How many Gulden are there?

The current circulating supply of Gulden is 564 million.

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