Goldcoin introduces a next-generation approach to digital mining by combining blockchain security with user-friendly mobile technology. This document explains the architecture, algorithms, and economic model behind the Goldcoin ecosystem.
Goldcoin uses a hybrid Proof-of-Work + Proof-of-Stake consensus system, delivering strong security and efficiency across all devices.
Our Mobile Mining Engine (MME) allows smooth, power-optimized mining on smartphones without overheating or battery drain, utilizing advanced performance balancing.
The system runs on a scalable sharded blockchain with dynamic load distribution ensuring fast transaction times and robust network integrity.
Goldcoin implements AES-256 encryption with Elliptic Curve Cryptography (ECC) ensuring complete data protection and secure wallet operations.
Zero-knowledge proofs and ring signatures safeguard user identities while keeping transactions transparent on the blockchain.
Additional layers include biometric login, 2FA, and hardware-verified encryption for enhanced protection.
Mining rewards follow a halving cycle every 210,000 blocks starting from 50 GC per block — ensuring a long-term deflationary system.
Fees automatically adjust based on network usage, ensuring optimal miner rewards while maintaining system affordability.
Complete White Paper
The downloadable version containing extended algorithms, diagrams, and developer documentation will be available soon.