CryptoCoinsRevolution.com: Hashing algorithm Globalcoin

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Globalcoin information


GlobalCoin is a 2nd generation cryptocurrency that utilizes the Scrypt hashing function. The main advantage of GlobalCoin is the 40 seconds block time. This means that the transaction that occur on GlobalCoin are on average 15 times faster than those on Bitcoin. In additional, the Global moniker lends itself to very wide adoption and acceptance.

  • Website: http://glc.io
  • Algorithm: Scrypt
  • Total Coins: 70,000,000
  • Block Target: 40 Seconds
  • Block Reward: 50 GLC
  • Confirmations: 8
  • Difficulty Retarget: Every block
  • Halves every year or 280,000 Blocks


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