Bitcoin Press Release : World Gold Coin is now available for trade on C-CEX. The cryptocurrency platform offers a whole range of digital currency solutions to its users. August 17, 2016, Hong Kong – World Gold Coin announces its inclusion into the well-known cryptocurrency exchange, C-CEX. The listing now allows cryptocurrency users to trade the new digital currency against Bitcoin and other altcoins. Created by a well-known Hong Kong-based digital currency solutions company, World Gold Coin is already gaining prominence in South East Asia. The cryptocurrency, now listed alongside other well-known counterparts on C-CEX at a per unit value of 0.00005 BTC . The price is gradually picking up as more people are starting to invest in it. World Gold Coin is considered as Bitcoin 3.0 . The digital currency is based on both Proof of Stake (PoS) and Proof of Work (PoW) consensus protocols. Mining World Gold Coin is similar to the Bitcoin mining, except for the X11 PoW consensus protocol which doesn’t allow ASIC mining. The X11 PoW consensus protocol is similar to the one used by DarkCoin (now known as DASH). The total number of PoW mined WGC is fixed at 8.88 billion coins over an estimated period of 10 years at a mining block reward of 1689.49 WGCs. The difficulty level of the mining protocol is monitored and adjusted by the Dark Gravity Well (DGW), a superior version of Kimoto Gravity Well in many cases. A representative of World Gold Coin says, “[DGW] uses multiple exponential moving averages and a simple moving average to smoothly adjust the difficulty. This implementation is far more simplistic and better suited to adjust difficulty than KGW and also fixes all known exploits.” World Gold Coin includes various features which are far more superior that that of Bitcoin. Even though […]
