Gulden , a Netherlands-based cryptocurrency named after the now-defunct Dutch currency, has thrived by prioritizing user experience. Now it is way ahead of its category in terms of merchant adoption, thanks to an aggressively development strategy.
As a result, the relatively unknown cryptocurrency, ranked #76 on coinmarketcap.com , is able to claim an impressive 55 merchants that accept it as payment. Additionally, because of the Nocks mobile payment system’s seamless transfers, users are able to spend Gulden anywhere Bitcoin is accepted.
CoinTelegraph spoke to Rijk Plasman, founder of Gulden, about the cryptocurrency’s ease-of-use-first approach to development. Common man’s currency
CoinTelegraph: What prompted the creation of Gulden? What great need were you seeking to fill?
Rijk Plasman: Bitcoin is not used by the common man, at least here in the Netherlands it isn’t. I believe that’s because it’s too complicated to use. We change that. Also Gulden is something people know and miss, by using that name we make crypto friendlier. “Hey, Gulden, I know that. Oh is it digital now? Cool.” We received a lot of responses like that. And the unexpected effect in other countries is that is sounds like Golden. We started with a focus on just the Netherlands but soon that changed because we got users from all over the world.
CT: How does the currency itself, and its distribution method, differ from Bitcoin?
RP: We have a lot more supply and our block reward doesn’t halve. We did that to reach 1 euro = 1 Gulden in a few years. Of course we can’t predict that but Bitcoins supply wouldn’t be enough for the Netherlands. Technically there are many differences. We developed our own diff algo called DELTA. It smoothens the block times and makes mining fairer. We’ve introduced PRIME, a system that allows 0 […]
