The Global Cryptocurrency Coin Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of The Global Cryptocurrency Coin consists of three chapters: origin & background, technology and miscellaneous.
Origin & Background
The Global Cryptocurrency Coin is a Network Marketing business which uses the power of personal commendations to endorse its products. They aim to become the World’s most influential, well-liked and daily extensively used cryptocurrency, together with Bitcoin.
The Global Cryptocurrency Coin is a decentralized peer-to-peer payment network. Its users have powered it with no central authority. Moreover, the maximum supply of coins is 24 billion with 1% yearly depreciation.
From a user’s viewpoint, the Global Cryptocurrency Coin is virtual money for daily use. The intention is for the coin to be useful. This makes it different from many other cryptocurrencies that have been created mostly for investment or speculation purposes. The endeavor of the team behind the coin is to become the world’s most powerful, accepted and daily used cryptocurrency.
The Global Cryptocurrency Coin build on 13 different cryptographic algorithms. These algorithms have been created particularly for GPU mining and applies to X13 standard. Sub-algorithms include: blake, bmw, groesti, jh, keccak, skein, luffa, cubehash, shavite, simd, echo, hamsi and fugue.
The confirmation time and block maturity of the Global Cryptocurrency Coin transactions is as low as 60 seconds. The average confirmation time for many other cryptocurrencies’ transactions is 10-40 minutes. Accordingly, with this coin, you have extremely quick transactions, which is appropriate for the daily life.
Each transaction made with the Global Cryptocurrency Coin carries an extremely small fee of 0.088%. From this fee, 0.040% goes to the further development and preservation of the coin. Parts of the fee also goes towards developing more online portals where you can use the coin. Today, 0.024% goes to the SINC network and the remaining 0.024% goes to Nature projects.
The Global Cryptocurrency Coin has an up to date wallet presently available to the Windows system. Mac OS Linux iOS and Android wallet apps are in the making.
The company behind this coin also has a form of referral program, that they describe as follows:
“Our idea is to build a community behind GCC together. That’s why we also created a referal program which is called GCC Shop Club to make us expand even faster. Every company that is looking towards the future knows how important the cryptocurrencies will be in the future transactions. GCC Shopclub is the vehicle to promote themselves as a leading company/business accepting the GCC coins as an alternative way to pay for goods and services, and it is also a great source of passive income for everybody who contribute.”
We applaud this development.
If you have concluded that this is the coin for you, congratulations! Go for it! Buy The Global Cryptocurrency Coin here.