Gulden (digital currency)

Gulden (trading symbol - NLG) is a second generation peer-to-peer cryptocurrency which was created to provide a secure, simple and fast method of performing financial transactions between private individuals, customers & service providers and also corporate entities.
Like many recent (post 2012) cryptocurrencies, the primary design criteria were to improve security and usability of the currency and its underlying transaction authorisation technology (when compared to the original cryptocurrency - Bitcoin). The purpose of these changes were to simplify use and increase its adoption as a convenient, cheap and safe form of payment.
History
The original initiative for this currency came from Rijk Plasman with the first working implementation released on the 4 April 2014.
Initially called the "Guldencoin", this was subsequently abbreviated in October 2015 to "Gulden". The name Gulden comes from the German and Dutch term for “gold coin” and is the Dutch name of the Dutch guilder, the pre-euro currency of the Netherlands.
Current usage
The Gulden currency can be mined which is a means of creating new Gulden by using software, quite often on specially designed computers. It can also be traded on a financial market or exchange in the same way as common commodities and traditional currencies such as Oil and the USD ($).
Due to the intrinsic link with the Dutch people and culture, adoption of the Gulden as a form of payment for goods and services is most established in the Netherlands.
Crowdfunding
The Gulden community partnered with organisers of the Capital Cup in 2018. After being approached by the organisers a crowdfunding campaign raised 80,000 NLG (about €7500) to sponsor the event with the prize money to be paid in Gulden payments accepted at the event.

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