Delta is a success, it functions very well and it causes more stability. Time to look forward. The Guldencoin dev-team is now working on the next update, bringing our codebase to the same level as Bitcoin. This means that we get important bugfixes and new functions like Multi-Sig wallets and Smart Contracts, more on that later.

Within and also without the dev-team the conversation about Guldencoin’s specifications has sparked and in particular the amount of NLG that comes onto the market daily by mining. 18 months ago I thought that a daily volume of 576000 NLG should come on the market. I couldn’t predict the future and if this amount would be the perfect fit or not. You can only see that at a later stage, and that is where we are now.

A lot more knowledge has come on board. We have an incredible dev team that really knows what’s important for Guldencoin. And that is daily use. And that is why there is much talk about the daily amount of NLG coming onto the market. We think that it is too much. And we see that in the value. For me personally value doesn’t say much, but it is important for use. New users and merchants will look at the value. Buying a pizza for 10.000 or 1000 NLG is a big difference.

A lot of thinking has gone into this, but to say it quickly: we want to change the daily volume that comes onto the market. Our maximum of 576000 NLG a day is barely reached now due to multipools. It’s more like 300000 NLG per day now. Our proposal is reducing the daily amount to about 30000 to 50000 NLG.

Daily amount NLG
Officially: 576000
In reality: 300000
After change: 30000 - 50000

Total amount of NLG after 40 years
Officially: max 1700 million
In reality: max 1830 million
After change: max 1260 million

Besides that we want to bring this to market gradually, so people that get into Guldencoin at a later stage can still get a decent amount, opposed to Bitcoin. WaterLooDown will tell you more about this.

This is a huge change that will have both short-term and long-term consequences for Guldencoin. Short-term there will most likely be a price surge, because there is less supply. But the most important thing is a better balance between supply and demand, which in turn will cause more stability. This stability is very important. There are a lot of fantastic projects that would normally cause a healthy increase in value. But because of the tremendous amount of NLG this isn’t the case, and that’s disappointing for everyone. Not because there isn’t a speedy increase in value, but it’s disappointing because a stable increase in value is important for all of these projects.

We want to address new users and that is very hard now by the absense of a steady and healthy growth. It’s time to switch gears.

It’s a very huge change and I’ve only addressed a few aspects of it. Our devs will give you more information and we would like to know what you all think. This is, of course, a change we would only follow through on if the majority is in favor of this change.